Wescan Common Stock Shares Outstanding vs Other Stockholder Equity Analysis

WGF Stock  CAD 0.02  0.00  0.00%   
Wescan Goldfields financial indicator trend analysis is more than just analyzing Wescan Goldfields current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wescan Goldfields is a good investment. Please check the relationship between Wescan Goldfields Common Stock Shares Outstanding and its Other Stockholder Equity accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wescan Goldfields. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Common Stock Shares Outstanding vs Other Stockholder Equity

Common Stock Shares Outstanding vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wescan Goldfields Common Stock Shares Outstanding account and Other Stockholder Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between Wescan Goldfields' Common Stock Shares Outstanding and Other Stockholder Equity is -0.78. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Wescan Goldfields, assuming nothing else is changed. The correlation between historical values of Wescan Goldfields' Common Stock Shares Outstanding and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Wescan Goldfields are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Common Stock Shares Outstanding i.e., Wescan Goldfields' Common Stock Shares Outstanding and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.78
Relationship DirectionNegative 
Relationship StrengthWeak

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Other Stockholder Equity

Most indicators from Wescan Goldfields' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wescan Goldfields 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 Wescan Goldfields. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to drop to about 89.7 K in 2024. Issuance Of Capital Stock is likely to drop to about 127.3 K in 2024

Wescan Goldfields fundamental ratios Correlations

0.02-0.30.610.060.6-0.09-0.440.99-0.460.06-0.310.990.13-0.330.060.06-0.01-0.050.060.030.410.41-0.010.080.06
0.020.82-0.670.39-0.630.660.56-0.040.20.390.81-0.03-0.610.840.390.390.930.960.39-0.59-0.38-0.39-0.330.70.39
-0.30.82-0.940.29-0.920.610.93-0.370.620.291.0-0.35-0.620.970.290.290.820.860.29-0.46-0.35-0.35-0.240.570.29
0.61-0.67-0.94-0.20.98-0.52-0.930.66-0.69-0.2-0.940.650.55-0.92-0.2-0.2-0.68-0.73-0.20.380.440.450.17-0.43-0.2
0.060.390.29-0.2-0.160.90.24-0.04-0.431.00.24-0.04-0.770.41.01.00.430.361.0-0.780.210.21-0.920.631.0
0.6-0.63-0.920.98-0.16-0.47-0.930.65-0.71-0.16-0.920.630.52-0.89-0.16-0.16-0.61-0.68-0.160.280.370.370.14-0.33-0.16
-0.090.660.61-0.520.9-0.470.52-0.19-0.10.90.57-0.18-0.810.720.90.90.710.660.9-0.810.010.01-0.870.780.9
-0.440.560.93-0.930.24-0.930.52-0.50.730.240.93-0.48-0.570.880.240.240.610.640.24-0.36-0.23-0.23-0.20.420.24
0.99-0.04-0.370.66-0.040.65-0.19-0.5-0.46-0.04-0.371.00.2-0.4-0.04-0.04-0.08-0.11-0.040.10.410.40.090.01-0.04
-0.460.20.62-0.69-0.43-0.71-0.10.73-0.46-0.430.65-0.440.10.5-0.43-0.430.210.27-0.430.26-0.34-0.340.33-0.07-0.43
0.060.390.29-0.21.0-0.160.90.24-0.04-0.430.24-0.04-0.770.41.01.00.430.361.0-0.780.210.21-0.920.631.0
-0.310.811.0-0.940.24-0.920.570.93-0.370.650.24-0.34-0.590.960.240.240.810.860.24-0.44-0.36-0.37-0.180.550.24
0.99-0.03-0.350.65-0.040.63-0.18-0.481.0-0.44-0.04-0.340.19-0.38-0.04-0.04-0.06-0.09-0.040.10.40.40.090.02-0.04
0.13-0.61-0.620.55-0.770.52-0.81-0.570.20.1-0.77-0.590.19-0.71-0.77-0.77-0.71-0.66-0.770.88-0.07-0.060.52-0.79-0.77
-0.330.840.97-0.920.4-0.890.720.88-0.40.50.40.96-0.38-0.710.40.40.890.910.4-0.58-0.26-0.27-0.340.690.4
0.060.390.29-0.21.0-0.160.90.24-0.04-0.431.00.24-0.04-0.770.41.00.430.361.0-0.780.210.21-0.920.631.0
0.060.390.29-0.21.0-0.160.90.24-0.04-0.431.00.24-0.04-0.770.41.00.430.361.0-0.780.210.21-0.920.631.0
-0.010.930.82-0.680.43-0.610.710.61-0.080.210.430.81-0.06-0.710.890.430.430.980.43-0.72-0.24-0.25-0.310.860.43
-0.050.960.86-0.730.36-0.680.660.64-0.110.270.360.86-0.09-0.660.910.360.360.980.36-0.61-0.3-0.31-0.260.730.36
0.060.390.29-0.21.0-0.160.90.24-0.04-0.431.00.24-0.04-0.770.41.01.00.430.36-0.780.210.21-0.920.631.0
0.03-0.59-0.460.38-0.780.28-0.81-0.360.10.26-0.78-0.440.10.88-0.58-0.78-0.78-0.72-0.61-0.780.10.10.58-0.9-0.78
0.41-0.38-0.350.440.210.370.01-0.230.41-0.340.21-0.360.4-0.07-0.260.210.21-0.24-0.30.210.11.0-0.130.00.21
0.41-0.39-0.350.450.210.370.01-0.230.4-0.340.21-0.370.4-0.06-0.270.210.21-0.25-0.310.210.11.0-0.13-0.010.21
-0.01-0.33-0.240.17-0.920.14-0.87-0.20.090.33-0.92-0.180.090.52-0.34-0.92-0.92-0.31-0.26-0.920.58-0.13-0.13-0.48-0.92
0.080.70.57-0.430.63-0.330.780.420.01-0.070.630.550.02-0.790.690.630.630.860.730.63-0.90.0-0.01-0.480.63
0.060.390.29-0.21.0-0.160.90.24-0.04-0.431.00.24-0.04-0.770.41.01.00.430.361.0-0.780.210.21-0.920.63
Click cells to compare fundamentals

Wescan Goldfields Account Relationship Matchups

Wescan Goldfields fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets120.5K63.7K6.4K221.2K84.4K112.5K
Other Current Liab20.0K15.7K17.4K22.3K20.1K19.1K
Total Current Liabilities15.7K17.4K22.3K25.3K62.2K59.0K
Total Stockholder Equity29.3K(29.2K)(91.4K)120.4K(53.3K)(56.0K)
Net Tangible Assets131.3K29.3K(29.2K)(91.4K)(105.1K)(110.4K)
Retained Earnings(23.2M)(23.2M)(23.4M)(23.5M)(23.9M)(25.1M)
Cash115.3K61.3K3.4K218.7K77.5K147.6K
Net Receivables2.2K353.0124.0400.05.9K6.2K
Total Liab91.2K92.9K97.8K100.8K137.7K196.9K
Total Current Assets118.1K61.7K4.9K220.0K83.4K150.3K
Property Plant Equipment3.1K2.4K2.0K1.6K1.4K1.3K
Non Current Assets Total2.4K2.0K1.6K1.3K999.02.0K
Net Invested Capital29.3K(29.2K)(91.4K)120.4K(53.3K)(50.6K)
Net Working Capital102.4K44.3K(17.5K)194.7K21.2K20.1K

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Wescan Stock Analysis

When running Wescan Goldfields' price analysis, check to measure Wescan Goldfields' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wescan Goldfields is operating at the current time. Most of Wescan Goldfields' value examination focuses on studying past and present price action to predict the probability of Wescan Goldfields' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wescan Goldfields' price. Additionally, you may evaluate how the addition of Wescan Goldfields to your portfolios can decrease your overall portfolio volatility.