Wescan Net Receivables vs Short Long Term Debt 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 Net Receivables and its Short Long Term Debt 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.

Net Receivables vs Short Long Term Debt

Net Receivables vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wescan Goldfields Net Receivables account and Short Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Wescan Goldfields' Net Receivables and Short Long Term Debt is -0.43. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Short Long Term Debt 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' Net Receivables and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Wescan Goldfields are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Net Receivables i.e., Wescan Goldfields' Net Receivables and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.43

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Net Receivables

Short Long Term Debt

The total of a company's short-term and long-term borrowings.

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

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Net Receivables	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Short Long Term Debt	Short Term Debt	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Capital Stock	Property Plant And Equipment Net	Property Plant And Equipment Gross
Total Assets		0.02	-0.3	0.61	0.06	0.6	-0.09	-0.44	0.99	-0.46	0.06	-0.31	0.99	0.13	-0.33	0.06	0.06	-0.01	-0.05	0.06	0.03	0.41	0.41	-0.01	0.08	0.06
Other Current Liab	0.02		0.82	-0.67	0.39	-0.63	0.66	0.56	-0.04	0.2	0.39	0.81	-0.03	-0.61	0.84	0.39	0.39	0.93	0.96	0.39	-0.59	-0.38	-0.39	-0.33	0.7	0.39
Total Current Liabilities	-0.3	0.82		-0.94	0.29	-0.92	0.61	0.93	-0.37	0.62	0.29	1.0	-0.35	-0.62	0.97	0.29	0.29	0.82	0.86	0.29	-0.46	-0.35	-0.35	-0.24	0.57	0.29
Total Stockholder Equity	0.61	-0.67	-0.94		-0.2	0.98	-0.52	-0.93	0.66	-0.69	-0.2	-0.94	0.65	0.55	-0.92	-0.2	-0.2	-0.68	-0.73	-0.2	0.38	0.44	0.45	0.17	-0.43	-0.2
Other Liab	0.06	0.39	0.29	-0.2		-0.16	0.9	0.24	-0.04	-0.43	1.0	0.24	-0.04	-0.77	0.4	1.0	1.0	0.43	0.36	1.0	-0.78	0.21	0.21	-0.92	0.63	1.0
Net Tangible Assets	0.6	-0.63	-0.92	0.98	-0.16		-0.47	-0.93	0.65	-0.71	-0.16	-0.92	0.63	0.52	-0.89	-0.16	-0.16	-0.61	-0.68	-0.16	0.28	0.37	0.37	0.14	-0.33	-0.16
Retained Earnings	-0.09	0.66	0.61	-0.52	0.9	-0.47		0.52	-0.19	-0.1	0.9	0.57	-0.18	-0.81	0.72	0.9	0.9	0.71	0.66	0.9	-0.81	0.01	0.01	-0.87	0.78	0.9
Accounts Payable	-0.44	0.56	0.93	-0.93	0.24	-0.93	0.52		-0.5	0.73	0.24	0.93	-0.48	-0.57	0.88	0.24	0.24	0.61	0.64	0.24	-0.36	-0.23	-0.23	-0.2	0.42	0.24
Cash	0.99	-0.04	-0.37	0.66	-0.04	0.65	-0.19	-0.5		-0.46	-0.04	-0.37	1.0	0.2	-0.4	-0.04	-0.04	-0.08	-0.11	-0.04	0.1	0.41	0.4	0.09	0.01	-0.04
Net Receivables	-0.46	0.2	0.62	-0.69	-0.43	-0.71	-0.1	0.73	-0.46		-0.43	0.65	-0.44	0.1	0.5	-0.43	-0.43	0.21	0.27	-0.43	0.26	-0.34	-0.34	0.33	-0.07	-0.43
Other Stockholder Equity	0.06	0.39	0.29	-0.2	1.0	-0.16	0.9	0.24	-0.04	-0.43		0.24	-0.04	-0.77	0.4	1.0	1.0	0.43	0.36	1.0	-0.78	0.21	0.21	-0.92	0.63	1.0
Total Liab	-0.31	0.81	1.0	-0.94	0.24	-0.92	0.57	0.93	-0.37	0.65	0.24		-0.34	-0.59	0.96	0.24	0.24	0.81	0.86	0.24	-0.44	-0.36	-0.37	-0.18	0.55	0.24
Total Current Assets	0.99	-0.03	-0.35	0.65	-0.04	0.63	-0.18	-0.48	1.0	-0.44	-0.04	-0.34		0.19	-0.38	-0.04	-0.04	-0.06	-0.09	-0.04	0.1	0.4	0.4	0.09	0.02	-0.04
Common Stock	0.13	-0.61	-0.62	0.55	-0.77	0.52	-0.81	-0.57	0.2	0.1	-0.77	-0.59	0.19		-0.71	-0.77	-0.77	-0.71	-0.66	-0.77	0.88	-0.07	-0.06	0.52	-0.79	-0.77
Property Plant Equipment	-0.33	0.84	0.97	-0.92	0.4	-0.89	0.72	0.88	-0.4	0.5	0.4	0.96	-0.38	-0.71		0.4	0.4	0.89	0.91	0.4	-0.58	-0.26	-0.27	-0.34	0.69	0.4
Short Long Term Debt	0.06	0.39	0.29	-0.2	1.0	-0.16	0.9	0.24	-0.04	-0.43	1.0	0.24	-0.04	-0.77	0.4		1.0	0.43	0.36	1.0	-0.78	0.21	0.21	-0.92	0.63	1.0
Short Term Debt	0.06	0.39	0.29	-0.2	1.0	-0.16	0.9	0.24	-0.04	-0.43	1.0	0.24	-0.04	-0.77	0.4	1.0		0.43	0.36	1.0	-0.78	0.21	0.21	-0.92	0.63	1.0
Non Current Assets Total	-0.01	0.93	0.82	-0.68	0.43	-0.61	0.71	0.61	-0.08	0.21	0.43	0.81	-0.06	-0.71	0.89	0.43	0.43		0.98	0.43	-0.72	-0.24	-0.25	-0.31	0.86	0.43
Non Currrent Assets Other	-0.05	0.96	0.86	-0.73	0.36	-0.68	0.66	0.64	-0.11	0.27	0.36	0.86	-0.09	-0.66	0.91	0.36	0.36	0.98		0.36	-0.61	-0.3	-0.31	-0.26	0.73	0.36
Non Current Liabilities Total	0.06	0.39	0.29	-0.2	1.0	-0.16	0.9	0.24	-0.04	-0.43	1.0	0.24	-0.04	-0.77	0.4	1.0	1.0	0.43	0.36		-0.78	0.21	0.21	-0.92	0.63	1.0
Common Stock Shares Outstanding	0.03	-0.59	-0.46	0.38	-0.78	0.28	-0.81	-0.36	0.1	0.26	-0.78	-0.44	0.1	0.88	-0.58	-0.78	-0.78	-0.72	-0.61	-0.78		0.1	0.1	0.58	-0.9	-0.78
Net Invested Capital	0.41	-0.38	-0.35	0.44	0.21	0.37	0.01	-0.23	0.41	-0.34	0.21	-0.36	0.4	-0.07	-0.26	0.21	0.21	-0.24	-0.3	0.21	0.1		1.0	-0.13	0.0	0.21
Net Working Capital	0.41	-0.39	-0.35	0.45	0.21	0.37	0.01	-0.23	0.4	-0.34	0.21	-0.37	0.4	-0.06	-0.27	0.21	0.21	-0.25	-0.31	0.21	0.1	1.0		-0.13	-0.01	0.21
Capital Stock	-0.01	-0.33	-0.24	0.17	-0.92	0.14	-0.87	-0.2	0.09	0.33	-0.92	-0.18	0.09	0.52	-0.34	-0.92	-0.92	-0.31	-0.26	-0.92	0.58	-0.13	-0.13		-0.48	-0.92
Property Plant And Equipment Net	0.08	0.7	0.57	-0.43	0.63	-0.33	0.78	0.42	0.01	-0.07	0.63	0.55	0.02	-0.79	0.69	0.63	0.63	0.86	0.73	0.63	-0.9	0.0	-0.01	-0.48		0.63
Property Plant And Equipment Gross	0.06	0.39	0.29	-0.2	1.0	-0.16	0.9	0.24	-0.04	-0.43	1.0	0.24	-0.04	-0.77	0.4	1.0	1.0	0.43	0.36	1.0	-0.78	0.21	0.21	-0.92	0.63

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Wescan Goldfields Account Relationship Matchups

Wescan Goldfields fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	120.5K	63.7K	6.4K	221.2K	84.4K	112.5K
Other Current Liab	20.0K	15.7K	17.4K	22.3K	20.1K	19.1K
Total Current Liabilities	15.7K	17.4K	22.3K	25.3K	62.2K	59.0K
Total Stockholder Equity	29.3K	(29.2K)	(91.4K)	120.4K	(53.3K)	(56.0K)
Net Tangible Assets	131.3K	29.3K	(29.2K)	(91.4K)	(105.1K)	(110.4K)
Retained Earnings	(23.2M)	(23.2M)	(23.4M)	(23.5M)	(23.9M)	(25.1M)
Cash	115.3K	61.3K	3.4K	218.7K	77.5K	147.6K
Net Receivables	2.2K	353.0	124.0	400.0	5.9K	6.2K
Total Liab	91.2K	92.9K	97.8K	100.8K	137.7K	196.9K
Total Current Assets	118.1K	61.7K	4.9K	220.0K	83.4K	150.3K
Property Plant Equipment	3.1K	2.4K	2.0K	1.6K	1.4K	1.3K
Non Current Assets Total	2.4K	2.0K	1.6K	1.3K	999.0	2.0K
Net Invested Capital	29.3K	(29.2K)	(91.4K)	120.4K	(53.3K)	(50.6K)
Net Working Capital	102.4K	44.3K	(17.5K)	194.7K	21.2K	20.1K

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