West Gross Profit vs Total Operating Expenses Analysis
WFG Stock | USD 99.44 4.98 5.27% |
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 Total Operating Expenses 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 Total Operating Expenses
Gross Profit vs Total Operating Expenses 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 Total Operating Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between West Fraser's Gross Profit and Total Operating Expenses is 0.65. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Operating Expenses 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 Total Operating Expenses 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 Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Gross Profit i.e., West Fraser's Gross Profit and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.65 |
Relationship Direction | Positive |
Relationship Strength | Significant |
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.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.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 |
West Fraser fundamental ratios Correlations
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West Fraser Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
Currently Active Assets on Macroaxis
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: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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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.