Westhaven Interest Coverage vs Income Quality Analysis

WHN Stock

CAD 0.13 0.01 8.33%

Westhaven Ventures financial indicator trend analysis is more than just analyzing Westhaven Ventures current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Westhaven Ventures is a good investment. Please check the relationship between Westhaven Ventures Interest Coverage and its Income Quality accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westhaven Ventures. 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.

Interest Coverage vs Income Quality

Interest Coverage vs Income Quality Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Westhaven Ventures Interest Coverage account and Income Quality. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Westhaven Ventures' Interest Coverage and Income Quality is -0.21. Overlapping area represents the amount of variation of Interest Coverage that can explain the historical movement of Income Quality in the same time period over historical financial statements of Westhaven Ventures, assuming nothing else is changed. The correlation between historical values of Westhaven Ventures' Interest Coverage and Income Quality is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Coverage of Westhaven Ventures are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Interest Coverage i.e., Westhaven Ventures' Interest Coverage and Income Quality go up and down completely randomly.

Correlation Coefficient

-0.21

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Interest Coverage

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Most indicators from Westhaven Ventures' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Westhaven Ventures 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 Westhaven Ventures. 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 284.6 K in 2024. Issuance Of Capital Stock is likely to drop to about 950 K in 2024

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	11.0K	11.7K	23.0K	24.2K
Interest Income	24.3K	81.7K	190.7K	200.3K

Reconciled Depreciation Interest Income

Westhaven Ventures fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Other Current Liab	Net Tangible Assets	Accounts Payable	Non Currrent Assets Other	Inventory	Other Current Assets	Property Plant Equipment	Short Long Term Debt Total	Current Deferred Revenue	Short Long Term Debt	Short Term Debt
Total Assets		0.49	1.0	0.99	-0.44	-0.97	0.46	0.99	0.64	0.71	0.95	0.98	0.85	0.71	1.0	0.4	1.0	0.59	0.05	-0.9	0.74	0.99	-0.29	0.13	-0.75	-0.58
Total Current Liabilities	0.49		0.48	0.44	-0.2	-0.59	0.27	0.44	0.47	0.64	0.62	0.42	0.6	0.55	0.5	0.82	0.43	0.05	0.13	-0.58	0.15	0.46	0.28	0.02	-0.19	-0.07
Total Stockholder Equity	1.0	0.48		0.98	-0.46	-0.96	0.48	0.98	0.66	0.72	0.94	0.98	0.83	0.72	1.0	0.4	1.0	0.57	0.05	-0.9	0.72	0.99	-0.3	0.13	-0.75	-0.58
Property Plant And Equipment Net	0.99	0.44	0.98		-0.31	-0.95	0.33	1.0	0.52	0.63	0.94	0.97	0.89	0.59	0.99	0.3	0.99	0.68	-0.03	-0.86	0.81	1.0	-0.26	0.13	-0.72	-0.52
Net Debt	-0.44	-0.2	-0.46	-0.31		0.45	-0.99	-0.29	-0.87	-0.69	-0.41	-0.44	-0.05	-0.87	-0.42	-0.51	-0.4	0.25	-0.6	0.61	0.1	-0.35	0.53	-0.13	0.56	0.66
Retained Earnings	-0.97	-0.59	-0.96	-0.95	0.45		-0.48	-0.94	-0.63	-0.77	-0.99	-0.96	-0.86	-0.71	-0.97	-0.48	-0.96	-0.57	-0.16	0.94	-0.68	-0.95	0.26	0.04	0.71	0.55
Cash	0.46	0.27	0.48	0.33	-0.99	-0.48		0.32	0.9	0.7	0.45	0.45	0.09	0.89	0.45	0.53	0.42	-0.24	0.59	-0.62	-0.09	0.37	-0.45	0.11	-0.53	-0.61
Non Current Assets Total	0.99	0.44	0.98	1.0	-0.29	-0.94	0.32		0.51	0.62	0.93	0.97	0.89	0.57	0.99	0.29	0.99	0.69	-0.03	-0.85	0.82	1.0	-0.25	0.13	-0.71	-0.51
Cash And Short Term Investments	0.64	0.47	0.66	0.52	-0.87	-0.63	0.9	0.51		0.73	0.6	0.6	0.28	0.98	0.64	0.64	0.6	-0.05	0.37	-0.67	0.11	0.56	-0.26	0.13	-0.56	-0.56
Net Receivables	0.71	0.64	0.72	0.63	-0.69	-0.77	0.7	0.62	0.73		0.75	0.68	0.54	0.85	0.7	0.83	0.67	-0.04	0.27	-0.88	0.12	0.67	-0.47	0.05	-0.72	-0.7
Common Stock Shares Outstanding	0.95	0.62	0.94	0.94	-0.41	-0.99	0.45	0.93	0.6	0.75		0.94	0.87	0.68	0.96	0.46	0.94	0.57	0.16	-0.92	0.68	0.94	-0.19	-0.04	-0.65	-0.47
Other Stockholder Equity	0.98	0.42	0.98	0.97	-0.44	-0.96	0.45	0.97	0.6	0.68	0.94		0.84	0.67	0.98	0.34	0.98	0.65	0.1	-0.9	0.76	0.97	-0.36	0.0	-0.78	-0.61
Total Liab	0.85	0.6	0.83	0.89	-0.05	-0.86	0.09	0.89	0.28	0.54	0.87	0.84		0.37	0.86	0.36	0.86	0.71	0.07	-0.8	0.83	0.87	-0.11	0.14	-0.6	-0.37
Total Current Assets	0.71	0.55	0.72	0.59	-0.87	-0.71	0.89	0.57	0.98	0.85	0.68	0.67	0.37		0.7	0.74	0.65	-0.05	0.36	-0.78	0.12	0.63	-0.34	0.11	-0.65	-0.64
Common Stock	1.0	0.5	1.0	0.99	-0.42	-0.97	0.45	0.99	0.64	0.7	0.96	0.98	0.86	0.7		0.39	1.0	0.61	0.06	-0.9	0.75	0.99	-0.27	0.11	-0.74	-0.56
Other Current Liab	0.4	0.82	0.4	0.3	-0.51	-0.48	0.53	0.29	0.64	0.83	0.46	0.34	0.36	0.74	0.39		0.33	-0.29	0.27	-0.62	-0.14	0.34	-0.14	0.08	-0.44	-0.45
Net Tangible Assets	1.0	0.43	1.0	0.99	-0.4	-0.96	0.42	0.99	0.6	0.67	0.94	0.98	0.86	0.65	1.0	0.33		0.64	0.04	-0.88	0.78	1.0	-0.31	0.13	-0.75	-0.57
Accounts Payable	0.59	0.05	0.57	0.68	0.25	-0.57	-0.24	0.69	-0.05	-0.04	0.57	0.65	0.71	-0.05	0.61	-0.29	0.64		-0.11	-0.37	0.94	0.63	0.0	-0.2	-0.33	-0.1
Non Currrent Assets Other	0.05	0.13	0.05	-0.03	-0.6	-0.16	0.59	-0.03	0.37	0.27	0.16	0.1	0.07	0.36	0.06	0.27	0.04	-0.11		-0.36	-0.03	-0.02	-0.38	0.07	-0.3	-0.38
Inventory	-0.9	-0.58	-0.9	-0.86	0.61	0.94	-0.62	-0.85	-0.67	-0.88	-0.92	-0.9	-0.8	-0.78	-0.9	-0.62	-0.88	-0.37	-0.36		-0.53	-0.87	0.48	-0.1	0.84	0.74
Other Current Assets	0.74	0.15	0.72	0.81	0.1	-0.68	-0.09	0.82	0.11	0.12	0.68	0.76	0.83	0.12	0.75	-0.14	0.78	0.94	-0.03	-0.53		0.78	-0.09	0.11	-0.49	-0.25
Property Plant Equipment	0.99	0.46	0.99	1.0	-0.35	-0.95	0.37	1.0	0.56	0.67	0.94	0.97	0.87	0.63	0.99	0.34	1.0	0.63	-0.02	-0.87	0.78		-0.28	0.13	-0.73	-0.54
Short Long Term Debt Total	-0.29	0.28	-0.3	-0.26	0.53	0.26	-0.45	-0.25	-0.26	-0.47	-0.19	-0.36	-0.11	-0.34	-0.27	-0.14	-0.31	0.0	-0.38	0.48	-0.09	-0.28		-0.09	0.8	0.9
Current Deferred Revenue	0.13	0.02	0.13	0.13	-0.13	0.04	0.11	0.13	0.13	0.05	-0.04	0.0	0.14	0.11	0.11	0.08	0.13	-0.2	0.07	-0.1	0.11	0.13	-0.09		-0.17	-0.14
Short Long Term Debt	-0.75	-0.19	-0.75	-0.72	0.56	0.71	-0.53	-0.71	-0.56	-0.72	-0.65	-0.78	-0.6	-0.65	-0.74	-0.44	-0.75	-0.33	-0.3	0.84	-0.49	-0.73	0.8	-0.17		0.96
Short Term Debt	-0.58	-0.07	-0.58	-0.52	0.66	0.55	-0.61	-0.51	-0.56	-0.7	-0.47	-0.61	-0.37	-0.64	-0.56	-0.45	-0.57	-0.1	-0.38	0.74	-0.25	-0.54	0.9	-0.14	0.96

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Westhaven Ventures Account Relationship Matchups

Westhaven Ventures fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	14.1M	18.7M	30.6M	34.6M	33.9M	35.6M
Total Current Liabilities	567.7K	950.7K	233.1K	1.1M	479.8K	474.7K
Total Stockholder Equity	13.1M	16.7M	29.7M	33.3M	31.6M	33.2M
Property Plant And Equipment Net	8.1M	16.2M	24.5M	24.3M	31.0M	32.6M
Net Debt	(4.2M)	18.2K	(3.8M)	(3.5M)	39.2K	41.1K
Retained Earnings	(7.4M)	(8.3M)	(10.3M)	(11.5M)	(11.7M)	(11.1M)
Cash	4.3M	131.5K	3.8M	3.8M	223.2K	212.0K
Non Current Assets Total	8.2M	16.3M	24.6M	24.4M	32.1M	33.7M
Cash And Short Term Investments	4.3M	131.5K	3.8M	7.8M	1.2M	1.6M
Net Receivables	1.6M	2.3M	2.1M	2.4M	538.6K	802.3K
Common Stock Shares Outstanding	90.5M	100.0M	122.6M	131.7M	132.6M	139.2M
Liabilities And Stockholders Equity	14.1M	18.7M	30.6M	34.6M	33.9M	35.6M
Other Stockholder Equity	2.9M	3.8M	4.0M	6.7M	7.7M	8.1M
Total Liab	981.5K	2.0M	845.7K	1.3M	2.3M	2.4M
Total Current Assets	5.9M	2.4M	6.0M	10.2M	1.8M	2.4M
Accumulated Other Comprehensive Income	3.8M	4.0M	6.7M	6.6M	4.9M	2.8M
Common Stock	16.7M	21.0M	33.3M	38.2M	38.5M	40.4M
Other Current Liab	538.3K	870.3K	189.6K	1.0M	28.4K	27.0K
Net Tangible Assets	4.9M	13.1M	16.7M	29.7M	34.2M	35.9M
Accounts Payable	528.24	832.56	171.61	521.8	303.1K	318.3K
Other Current Assets	241.39	565.0	2.0K	2.4K	16.8K	17.6K
Property Plant Equipment	4.3M	8.1M	16.2M	24.5M	28.2M	29.6M
Short Long Term Debt Total	84.5K	149.7K	54.5K	298.8K	262.3K	208.3K
Current Deferred Revenue	(528.24)	(832.56)	(171.61)	(521.8)	(331.22)	(347.78)
Short Term Debt	29.4K	80.5K	43.6K	95.7K	148.5K	172.1K
Non Current Liabilities Total	413.8K	1.0M	612.6K	203.0K	1.8M	1.9M
Net Invested Capital	13.1M	16.8M	29.7M	33.4M	38.4M	40.3M
Net Working Capital	5.3M	1.5M	5.7M	9.1M	10.4M	11.0M
Capital Stock	16.7M	21.0M	33.3M	38.2M	43.9M	25.7M

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