Westwood Payables Turnover vs Price To Sales Ratio Analysis
WHG Stock | USD 16.26 0.27 1.69% |
Westwood Holdings financial indicator trend analysis is more than just analyzing Westwood Holdings current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Westwood Holdings is a good investment. Please check the relationship between Westwood Holdings Payables Turnover and its Price To Sales Ratio accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westwood Holdings Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Payables Turnover vs Price To Sales Ratio
Payables Turnover vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Westwood Holdings Payables Turnover account and Price To Sales Ratio. At this time, the significance of the direction appears to have strong relationship.
The correlation between Westwood Holdings' Payables Turnover and Price To Sales Ratio is 0.71. Overlapping area represents the amount of variation of Payables Turnover that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Westwood Holdings Group, assuming nothing else is changed. The correlation between historical values of Westwood Holdings' Payables Turnover and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payables Turnover of Westwood Holdings Group are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Payables Turnover i.e., Westwood Holdings' Payables Turnover and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.71 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Payables Turnover
A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.Price To Sales Ratio
Price to Sales Ratio is figured by comparing Westwood Holdings stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Westwood Holdings sales, a figure that is much harder to manipulate than other Westwood Holdings Group multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Most indicators from Westwood Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Westwood Holdings 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 Westwood Holdings Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. At this time, Westwood Holdings' Enterprise Value Over EBITDA is most likely to increase in the upcoming years. The Westwood Holdings' current Enterprise Value Multiple is estimated to increase to 12.93, while Selling General Administrative is projected to decrease to roughly 17.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 30.5M | 28.6M | 36.9M | 43.4M | Total Revenue | 73.1M | 68.7M | 89.8M | 71.9M |
Westwood Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Westwood Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Westwood Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 178.7M | 149.2M | 139.6M | 146.3M | 155.2M | 107.7M | |
Other Current Liab | 17.6M | 6.5M | 9.9M | 8.9M | 9.9M | 12.8M | |
Total Current Liabilities | 21.4M | 11.8M | 15.8M | 17.4M | 18.6M | 17.6M | |
Total Stockholder Equity | 148.3M | 130.7M | 117.9M | 110.6M | 120.4M | 86.2M | |
Other Liab | 1.3M | 526K | 1.1M | 13.6M | 15.6M | 8.0M | |
Retained Earnings | 11.0M | (1.7M) | 4.4M | (4.3M) | 4.7M | 4.4M | |
Accounts Payable | 2.1M | 1.6M | 2.6M | 5.7M | 6.1M | 4.1M | |
Cash | 49.8M | 13.0M | 15.2M | 23.9M | 20.4M | 16.2M | |
Other Assets | 2.6M | 1.9M | 1.5M | 2.7M | 20.3M | 21.3M | |
Common Stock Shares Outstanding | 8.5M | 8.0M | 7.9M | 7.8M | 8.1M | 7.7M | |
Short Term Investments | 50.3M | 69.5M | 65.0M | 15.3M | 32.7M | 45.1M | |
Liabilities And Stockholders Equity | 178.7M | 149.2M | 139.6M | 146.3M | 155.2M | 107.7M | |
Other Stockholder Equity | 129.2M | 132.3M | 113.4M | 114.8M | 115.6M | 75.2M | |
Total Liab | 30.4M | 18.4M | 21.7M | 35.7M | 32.7M | 21.4M | |
Intangible Assets | 15.3M | 13.5M | 11.9M | 29.4M | 24.8M | 26.0M | |
Common Stock | 103K | 105K | 107K | 115K | 119K | 95.9K | |
Net Debt | (40.4M) | (5.2M) | (9.1M) | (17.8M) | (15.9M) | (16.7M) | |
Non Current Assets Total | 61.7M | 52.8M | 45.7M | 88.3M | 82.9M | 87.1M | |
Non Currrent Assets Other | 50.7M | 364K | 464K | 929K | 1.0M | 1.1M | |
Cash And Short Term Investments | 100.1M | 82.6M | 80.2M | 39.2M | 53.1M | 62.6M | |
Net Receivables | 13.2M | 11.2M | 11.4M | 13.9M | 14.4M | 11.5M | |
Common Stock Total Equity | 103K | 105K | 107K | 115K | 132.3K | 90.4K | |
Non Current Liabilities Total | 9.1M | 6.6M | 5.9M | 18.3M | 14.1M | 14.8M | |
Other Current Assets | 2.5M | 2.6M | 2.2M | 20.4M | 4.5M | 4.6M | |
Total Current Assets | 117.0M | 96.3M | 93.9M | 58.0M | 72.2M | 78.3M | |
Treasury Stock | (63.3M) | (78.0M) | (81.8M) | (85.1M) | (76.6M) | (72.8M) | |
Inventory | 1.2M | (69.5M) | (65.0M) | (15.3M) | (32.7M) | (31.0M) | |
Property Plant And Equipment Net | 11.7M | 9.3M | 7.0M | 6.8M | 5.1M | 4.0M | |
Property Plant And Equipment Gross | 11.7M | 9.3M | 15.6M | 16.1M | 15.2M | 16.0M | |
Property Plant Equipment | 4.2M | 3.2M | 7.0M | 6.8M | 7.8M | 8.2M | |
Net Tangible Assets | 113.2M | 100.8M | 89.6M | 46.0M | 52.9M | 96.3M | |
Retained Earnings Total Equity | 11.0M | (1.7M) | 4.4M | (4.3M) | (3.8M) | (3.6M) | |
Capital Surpluse | 203.4M | 210.3M | 195.2M | 199.9M | 229.9M | 175.5M | |
Non Current Liabilities Other | 1.3M | 526K | 1.1M | 13.0M | 10.1M | 10.6M | |
Deferred Long Term Asset Charges | 2.2M | 1.5M | 848K | 1.8M | 1.6M | 2.8M | |
Cash And Equivalents | 49.8M | 13.0M | 15.2M | 23.9M | 21.5M | 27.7M | |
Short Term Debt | 1.6M | 3.4M | 2.8M | 3.0M | 2.6M | 2.0M |
Currently Active Assets on Macroaxis
When determining whether Westwood Holdings is a strong investment it is important to analyze Westwood Holdings' 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 Westwood Holdings' future performance. For an informed investment choice regarding Westwood 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 Westwood Holdings Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Asset Management & Custody Banks 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 Westwood Holdings. If investors know Westwood 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 Westwood Holdings 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 (0.98) | Dividend Share 0.6 | Earnings Share 0.33 | Revenue Per Share 11.393 | Quarterly Revenue Growth 0.084 |
The market value of Westwood Holdings is measured differently than its book value, which is the value of Westwood that is recorded on the company's balance sheet. Investors also form their own opinion of Westwood Holdings' value that differs from its market value or its book value, called intrinsic value, which is Westwood Holdings' 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 Westwood Holdings' market value can be influenced by many factors that don't directly affect Westwood Holdings' 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 Westwood Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Westwood Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westwood Holdings' 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.