West Inventory vs Cash 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 Inventory and its Cash 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.

Inventory vs Cash

Inventory vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of West Fraser Timber Inventory account and Cash. At this time, the significance of the direction appears to have very strong relationship.
The correlation between West Fraser's Inventory and Cash is 0.81. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Cash 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 Inventory and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of West Fraser Timber are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Inventory i.e., West Fraser's Inventory and Cash go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Inventory

Cash

Cash refers to the most liquid asset of West Fraser Timber, which is listed under current asset account on West Fraser Timber balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from West Fraser customers. The amounts must be unrestricted with restricted cash listed in a different West Fraser account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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 Revenue10.5B9.7B6.5B3.5B
Depreciation And Amortization584M228.5K540M567M

West Fraser fundamental ratios Correlations

0.130.780.911.00.990.63-0.890.990.870.961.00.490.960.820.570.760.840.69-0.820.840.990.110.570.990.99
0.13-0.080.120.090.190.130.230.140.010.080.140.060.070.08-0.510.40.14-0.03-0.20.30.090.050.190.120.18
0.78-0.080.670.780.750.23-0.90.790.670.850.770.470.830.710.520.660.740.37-0.820.70.82-0.030.50.740.75
0.910.120.670.90.90.6-0.740.880.760.820.910.220.870.740.580.570.750.67-0.790.770.90.340.360.890.89
1.00.090.780.90.990.65-0.90.990.860.971.00.50.950.810.580.730.830.72-0.820.820.980.120.550.990.99
0.990.190.750.90.990.65-0.860.990.850.951.00.490.950.790.510.760.820.7-0.830.830.970.120.560.991.0
0.630.130.230.60.650.65-0.490.680.410.570.670.390.430.330.250.260.40.71-0.550.350.520.410.210.680.65
-0.890.23-0.9-0.74-0.9-0.86-0.49-0.9-0.8-0.94-0.88-0.57-0.89-0.74-0.64-0.62-0.76-0.620.77-0.69-0.890.0-0.51-0.87-0.86
0.990.140.790.880.990.990.68-0.90.840.980.990.530.930.780.520.730.810.72-0.840.80.960.130.540.990.99
0.870.010.670.760.860.850.41-0.80.840.840.860.430.870.890.590.770.870.59-0.570.870.88-0.060.530.850.85
0.960.080.850.820.970.950.57-0.940.980.840.960.610.940.780.490.750.810.68-0.820.790.950.050.570.960.96
1.00.140.770.911.01.00.67-0.880.990.860.960.490.940.80.550.740.820.72-0.820.820.980.140.550.991.0
0.490.060.470.220.50.490.39-0.570.530.430.610.490.480.540.260.560.580.12-0.440.470.49-0.240.830.50.48
0.960.070.830.870.950.950.43-0.890.930.870.940.940.480.860.610.80.870.55-0.80.880.99-0.030.620.930.94
0.820.080.710.740.810.790.33-0.740.780.890.780.80.540.860.710.870.980.28-0.630.960.87-0.150.770.760.78
0.57-0.510.520.580.580.510.25-0.640.520.590.490.550.260.610.710.370.650.22-0.360.520.63-0.080.480.520.5
0.760.40.660.570.730.760.26-0.620.730.770.750.740.560.80.870.370.880.22-0.610.930.8-0.30.760.710.75
0.840.140.740.750.830.820.4-0.760.810.870.810.820.580.870.980.650.880.29-0.730.970.88-0.130.780.790.8
0.69-0.030.370.670.720.70.71-0.620.720.590.680.720.120.550.280.220.220.29-0.460.320.60.48-0.070.750.73
-0.82-0.2-0.82-0.79-0.82-0.83-0.550.77-0.84-0.57-0.82-0.82-0.44-0.8-0.63-0.36-0.61-0.73-0.46-0.71-0.81-0.28-0.47-0.81-0.82
0.840.30.70.770.820.830.35-0.690.80.870.790.820.470.880.960.520.930.970.32-0.710.88-0.110.70.790.81
0.990.090.820.90.980.970.52-0.890.960.880.950.980.490.990.870.630.80.880.6-0.810.880.030.610.960.97
0.110.05-0.030.340.120.120.410.00.13-0.060.050.14-0.24-0.03-0.15-0.08-0.3-0.130.48-0.28-0.110.03-0.380.160.14
0.570.190.50.360.550.560.21-0.510.540.530.570.550.830.620.770.480.760.78-0.07-0.470.70.61-0.380.530.54
0.990.120.740.890.990.990.68-0.870.990.850.960.990.50.930.760.520.710.790.75-0.810.790.960.160.531.0
0.990.180.750.890.991.00.65-0.860.990.850.961.00.480.940.780.50.750.80.73-0.820.810.970.140.541.0
Click cells to compare fundamentals

West Fraser Account Relationship Matchups

West Fraser fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.6B4.2B10.4B10.0B9.4B9.9B
Short Long Term Debt Total954.3M644.8M510M536M538M557.8M
Other Current Liab12.2M301.3M384M422M308M323.4M
Total Current Liabilities640.8M527.8M1.2B792M1.1B1.1B
Total Stockholder Equity1.9B2.5B7.7B7.6B7.2B7.6B
Property Plant And Equipment Net1.6B1.7B4.1B4.0B3.8B4.0B
Current Deferred Revenue149.3M3M51M257M295.6M310.3M
Net Debt784.0M46.6M(337M)(626M)(362M)(343.9M)
Retained Earnings1.4B2.0B4.5B5.3B4.9B5.2B
Accounts Payable183.0M215.7M411M359M417M246.5M
Cash16M460.8M847M1.2B900M945M
Non Current Assets Total2.7B2.8B7.2B7.2B7.0B7.4B
Non Currrent Assets Other15.3M29.8M31M512.8M36M34.2M
Cash And Short Term Investments12.2M460.3M1.6B1.2B900M945M
Net Receivables300.9M284.7M550M495M404M265.1M
Common Stock Shares Outstanding69.2M68.7M109.6M94.2M83.2M85.0M
Liabilities And Stockholders Equity3.6B4.2B10.4B10.0B9.4B9.9B
Non Current Liabilities Total1.0B1.2B1.6B1.6B1.1B875.7M
Inventory558.1M576.4M1.1B1.0B851M511.7M
Other Current Assets6.9M12.5M38M60M222M233.1M
Total Liab1.7B1.7B2.8B2.4B2.2B1.4B
Total Current Assets878.1M1.3B3.2B2.7B2.4B2.5B
Other Assets116M1.0308M521M(1M)(950K)
Accumulated Other Comprehensive Income101.1M82.3M(249M)(332M)(297M)(282.2M)
Property Plant And Equipment Gross1.6B1.7B7.0B7.3B7.2B7.5B
Good Will551.2M557.6M2.0B1.9B1.9B2.0B
Common Stock Total Equity436.6M360.5M369.8M379.6M341.6M371.9M
Common Stock369.8M379.6M3.4B2.7B2.6B2.7B
Intangible Assets417.2M403.9M833M765M735M588.2M
Short Term Investments(42.5M)(3.8M)27M721M829.2M870.6M
Other Liab693M842M1.1B1.0B1.2B831.8M
Net Tangible Assets1.2B1.9B4.8B4.9B5.6B5.9B
Long Term Debt692M650M637M499M199M189.1M
Long Term Debt Total692M658M637M499M573.9M648.1M
Property Plant Equipment2.1B2.1B4.1B4.0B4.6B2.8B
Net Invested Capital3.5B3.8B8.2B8.1B7.7B6.0B
Non Current Liabilities Other27M30M38M18M23M28.1M
Net Working Capital310M1.0B2.0B2.0B1.3B1.3B

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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
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.