West Gross Profit vs Net Income Analysis

WFG Stock

USD 95.51 2.09 2.24%

West Fraser financial indicator trend analysis is more than just analyzing West Fraser Timber current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether West Fraser Timber is a good investment. Please check the relationship between West Fraser Gross Profit and its Net Income accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in West Fraser Timber. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Gross Profit vs Net Income

Gross Profit vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of West Fraser Timber Gross Profit account and Net Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between West Fraser's Gross Profit and Net Income is 0.96. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Net Income in the same time period over historical financial statements of West Fraser Timber, assuming nothing else is changed. The correlation between historical values of West Fraser's Gross Profit and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of West Fraser Timber are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Gross Profit i.e., West Fraser's Gross Profit and Net Income go up and down completely randomly.

Correlation Coefficient

0.96

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Gross Profit

Gross profit is a required income statement account that reflects total revenue of West Fraser Timber minus its cost of goods sold. It is profit before West Fraser operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in West Fraser Timber financial statement analysis. It represents the amount of money remaining after all of West Fraser Timber operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from West Fraser's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into West Fraser Timber current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in West Fraser Timber. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

At this time, West Fraser's Enterprise Value is most likely to increase significantly in the upcoming years.

	2021	2022	2023	2024 (projected)
Total Revenue	10.5B	9.7B	6.5B	3.5B
Depreciation And Amortization	584M	228.5K	540M	567M

Total Revenue Depreciation And Amortization

West Fraser fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Other Assets	Property Plant And Equipment Gross	Good Will
Total Assets		0.13	0.78	0.91	1.0	0.99	0.63	-0.89	0.99	0.87	0.96	1.0	0.49	0.96	0.82	0.57	0.76	0.84	0.69	-0.82	0.84	0.99	0.11	0.57	0.99	0.99
Short Long Term Debt Total	0.13		-0.08	0.12	0.09	0.19	0.13	0.23	0.14	0.01	0.08	0.14	0.06	0.07	0.08	-0.51	0.4	0.14	-0.03	-0.2	0.3	0.09	0.05	0.19	0.12	0.18
Other Current Liab	0.78	-0.08		0.67	0.78	0.75	0.23	-0.9	0.79	0.67	0.85	0.77	0.47	0.83	0.71	0.52	0.66	0.74	0.37	-0.82	0.7	0.82	-0.03	0.5	0.74	0.75
Total Current Liabilities	0.91	0.12	0.67		0.9	0.9	0.6	-0.74	0.88	0.76	0.82	0.91	0.22	0.87	0.74	0.58	0.57	0.75	0.67	-0.79	0.77	0.9	0.34	0.36	0.89	0.89
Total Stockholder Equity	1.0	0.09	0.78	0.9		0.99	0.65	-0.9	0.99	0.86	0.97	1.0	0.5	0.95	0.81	0.58	0.73	0.83	0.72	-0.82	0.82	0.98	0.12	0.55	0.99	0.99
Property Plant And Equipment Net	0.99	0.19	0.75	0.9	0.99		0.65	-0.86	0.99	0.85	0.95	1.0	0.49	0.95	0.79	0.51	0.76	0.82	0.7	-0.83	0.83	0.97	0.12	0.56	0.99	1.0
Current Deferred Revenue	0.63	0.13	0.23	0.6	0.65	0.65		-0.49	0.68	0.41	0.57	0.67	0.39	0.43	0.33	0.25	0.26	0.4	0.71	-0.55	0.35	0.52	0.41	0.21	0.68	0.65
Net Debt	-0.89	0.23	-0.9	-0.74	-0.9	-0.86	-0.49		-0.9	-0.8	-0.94	-0.88	-0.57	-0.89	-0.74	-0.64	-0.62	-0.76	-0.62	0.77	-0.69	-0.89	0.0	-0.51	-0.87	-0.86
Retained Earnings	0.99	0.14	0.79	0.88	0.99	0.99	0.68	-0.9		0.84	0.98	0.99	0.53	0.93	0.78	0.52	0.73	0.81	0.72	-0.84	0.8	0.96	0.13	0.54	0.99	0.99
Accounts Payable	0.87	0.01	0.67	0.76	0.86	0.85	0.41	-0.8	0.84		0.84	0.86	0.43	0.87	0.89	0.59	0.77	0.87	0.59	-0.57	0.87	0.88	-0.06	0.53	0.85	0.85
Cash	0.96	0.08	0.85	0.82	0.97	0.95	0.57	-0.94	0.98	0.84		0.96	0.61	0.94	0.78	0.49	0.75	0.81	0.68	-0.82	0.79	0.95	0.05	0.57	0.96	0.96
Non Current Assets Total	1.0	0.14	0.77	0.91	1.0	1.0	0.67	-0.88	0.99	0.86	0.96		0.49	0.94	0.8	0.55	0.74	0.82	0.72	-0.82	0.82	0.98	0.14	0.55	0.99	1.0
Non Currrent Assets Other	0.49	0.06	0.47	0.22	0.5	0.49	0.39	-0.57	0.53	0.43	0.61	0.49		0.48	0.54	0.26	0.56	0.58	0.12	-0.44	0.47	0.49	-0.24	0.83	0.5	0.48
Cash And Short Term Investments	0.96	0.07	0.83	0.87	0.95	0.95	0.43	-0.89	0.93	0.87	0.94	0.94	0.48		0.86	0.61	0.8	0.87	0.55	-0.8	0.88	0.99	-0.03	0.62	0.93	0.94
Net Receivables	0.82	0.08	0.71	0.74	0.81	0.79	0.33	-0.74	0.78	0.89	0.78	0.8	0.54	0.86		0.71	0.87	0.98	0.28	-0.63	0.96	0.87	-0.15	0.77	0.76	0.78
Common Stock Shares Outstanding	0.57	-0.51	0.52	0.58	0.58	0.51	0.25	-0.64	0.52	0.59	0.49	0.55	0.26	0.61	0.71		0.37	0.65	0.22	-0.36	0.52	0.63	-0.08	0.48	0.52	0.5
Non Current Liabilities Total	0.76	0.4	0.66	0.57	0.73	0.76	0.26	-0.62	0.73	0.77	0.75	0.74	0.56	0.8	0.87	0.37		0.88	0.22	-0.61	0.93	0.8	-0.3	0.76	0.71	0.75
Inventory	0.84	0.14	0.74	0.75	0.83	0.82	0.4	-0.76	0.81	0.87	0.81	0.82	0.58	0.87	0.98	0.65	0.88		0.29	-0.73	0.97	0.88	-0.13	0.78	0.79	0.8
Other Current Assets	0.69	-0.03	0.37	0.67	0.72	0.7	0.71	-0.62	0.72	0.59	0.68	0.72	0.12	0.55	0.28	0.22	0.22	0.29		-0.46	0.32	0.6	0.48	-0.07	0.75	0.73
Other Stockholder Equity	-0.82	-0.2	-0.82	-0.79	-0.82	-0.83	-0.55	0.77	-0.84	-0.57	-0.82	-0.82	-0.44	-0.8	-0.63	-0.36	-0.61	-0.73	-0.46		-0.71	-0.81	-0.28	-0.47	-0.81	-0.82
Total Liab	0.84	0.3	0.7	0.77	0.82	0.83	0.35	-0.69	0.8	0.87	0.79	0.82	0.47	0.88	0.96	0.52	0.93	0.97	0.32	-0.71		0.88	-0.11	0.7	0.79	0.81
Total Current Assets	0.99	0.09	0.82	0.9	0.98	0.97	0.52	-0.89	0.96	0.88	0.95	0.98	0.49	0.99	0.87	0.63	0.8	0.88	0.6	-0.81	0.88		0.03	0.61	0.96	0.97
Short Term Debt	0.11	0.05	-0.03	0.34	0.12	0.12	0.41	0.0	0.13	-0.06	0.05	0.14	-0.24	-0.03	-0.15	-0.08	-0.3	-0.13	0.48	-0.28	-0.11	0.03		-0.38	0.16	0.14
Other Assets	0.57	0.19	0.5	0.36	0.55	0.56	0.21	-0.51	0.54	0.53	0.57	0.55	0.83	0.62	0.77	0.48	0.76	0.78	-0.07	-0.47	0.7	0.61	-0.38		0.53	0.54
Property Plant And Equipment Gross	0.99	0.12	0.74	0.89	0.99	0.99	0.68	-0.87	0.99	0.85	0.96	0.99	0.5	0.93	0.76	0.52	0.71	0.79	0.75	-0.81	0.79	0.96	0.16	0.53		1.0
Good Will	0.99	0.18	0.75	0.89	0.99	1.0	0.65	-0.86	0.99	0.85	0.96	1.0	0.48	0.94	0.78	0.5	0.75	0.8	0.73	-0.82	0.81	0.97	0.14	0.54	1.0

Click cells to compare fundamentals

West Fraser Account Relationship Matchups

West Fraser fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.6B	4.2B	10.4B	10.0B	9.4B	9.9B
Short Long Term Debt Total	954.3M	644.8M	510M	536M	538M	557.8M
Other Current Liab	12.2M	301.3M	384M	422M	308M	323.4M
Total Current Liabilities	640.8M	527.8M	1.2B	792M	1.1B	1.1B
Total Stockholder Equity	1.9B	2.5B	7.7B	7.6B	7.2B	7.6B
Property Plant And Equipment Net	1.6B	1.7B	4.1B	4.0B	3.8B	4.0B
Current Deferred Revenue	149.3M	3M	51M	257M	295.6M	310.3M
Net Debt	784.0M	46.6M	(337M)	(626M)	(362M)	(343.9M)
Retained Earnings	1.4B	2.0B	4.5B	5.3B	4.9B	5.2B
Accounts Payable	183.0M	215.7M	411M	359M	417M	246.5M
Cash	16M	460.8M	847M	1.2B	900M	945M
Non Current Assets Total	2.7B	2.8B	7.2B	7.2B	7.0B	7.4B
Non Currrent Assets Other	15.3M	29.8M	31M	512.8M	36M	34.2M
Cash And Short Term Investments	12.2M	460.3M	1.6B	1.2B	900M	945M
Net Receivables	300.9M	284.7M	550M	495M	404M	265.1M
Common Stock Shares Outstanding	69.2M	68.7M	109.6M	94.2M	83.2M	85.0M
Liabilities And Stockholders Equity	3.6B	4.2B	10.4B	10.0B	9.4B	9.9B
Non Current Liabilities Total	1.0B	1.2B	1.6B	1.6B	1.1B	875.7M
Inventory	558.1M	576.4M	1.1B	1.0B	851M	511.7M
Other Current Assets	6.9M	12.5M	38M	60M	222M	233.1M
Total Liab	1.7B	1.7B	2.8B	2.4B	2.2B	1.4B
Total Current Assets	878.1M	1.3B	3.2B	2.7B	2.4B	2.5B
Other Assets	116M	1.0	308M	521M	(1M)	(950K)
Accumulated Other Comprehensive Income	101.1M	82.3M	(249M)	(332M)	(297M)	(282.2M)
Property Plant And Equipment Gross	1.6B	1.7B	7.0B	7.3B	7.2B	7.5B
Good Will	551.2M	557.6M	2.0B	1.9B	1.9B	2.0B
Common Stock Total Equity	436.6M	360.5M	369.8M	379.6M	341.6M	371.9M
Common Stock	369.8M	379.6M	3.4B	2.7B	2.6B	2.7B
Intangible Assets	417.2M	403.9M	833M	765M	735M	588.2M
Short Term Investments	(42.5M)	(3.8M)	27M	721M	829.2M	870.6M
Other Liab	693M	842M	1.1B	1.0B	1.2B	831.8M
Net Tangible Assets	1.2B	1.9B	4.8B	4.9B	5.6B	5.9B
Long Term Debt	692M	650M	637M	499M	199M	189.1M
Long Term Debt Total	692M	658M	637M	499M	573.9M	648.1M
Property Plant Equipment	2.1B	2.1B	4.1B	4.0B	4.6B	2.8B
Net Invested Capital	3.5B	3.8B	8.2B	8.1B	7.7B	6.0B
Non Current Liabilities Other	27M	30M	38M	18M	23M	28.1M
Net Working Capital	310M	1.0B	2.0B	2.0B	1.3B	1.3B

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When determining whether West Fraser Timber is a strong investment it is important to analyze West Fraser's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact West Fraser's future performance. For an informed investment choice regarding West Stock, refer to the following important reports:

How To Invest In West

Details

Is West Stock a good investment?

Details

What is West Fraser's Net Worth?

Details

Largest Paper & Forest Products Companies

View

Largest Lumber & Wood Production Companies

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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in West Fraser Timber. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

Is Paper & Forest Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of West Fraser. If investors know West will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about West Fraser listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.27)

Dividend Share

1.24

Earnings Share

(1.15)

Revenue Per Share

77.23

Quarterly Revenue Growth

(0.16)

The market value of West Fraser Timber is measured differently than its book value, which is the value of West that is recorded on the company's balance sheet. Investors also form their own opinion of West Fraser's value that differs from its market value or its book value, called intrinsic value, which is West Fraser's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because West Fraser's market value can be influenced by many factors that don't directly affect West Fraser's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between West Fraser's value and its price as these two are different measures arrived at by different means. Investors typically determine if West Fraser is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, West Fraser's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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West Gross Profit vs Net Income Analysis

Gross Profit vs Net Income

Gross Profit vs Net Income Correlation Analysis

Correlation Coefficient

Gross Profit

Net Income

West Fraser fundamental ratios Correlations

West Fraser Account Relationship Matchups

High Positive Relationship

High Negative Relationship

West Fraser fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Good Will	+ 1.0	Property Plant And Equipment Net
Good Will	+ 1.0	Non Current Assets Total

Cash	- 0.94	Net Debt
Retained Earnings	- 0.9	Net Debt
Net Debt	- 0.9	Total Stockholder Equity
Net Debt	- 0.9	Other Current Liab
Total Current Assets	- 0.89	Net Debt
Cash And Short Term Investments	- 0.89	Net Debt