West Ev To Operating Cash Flow vs Income Quality Analysis

WHY Stock  CAD 0.25  0.01  3.85%   
West High financial indicator trend analysis is more than just analyzing West High Yield current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether West High Yield is a good investment. Please check the relationship between West High Ev To Operating Cash Flow and its Income Quality accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in West High Yield. 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.

Ev To Operating Cash Flow vs Income Quality

Ev To Operating Cash Flow vs Income Quality Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of West High Yield Ev To Operating Cash Flow account and Income Quality. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between West High's Ev To Operating Cash Flow and Income Quality is 0.49. Overlapping area represents the amount of variation of Ev To Operating Cash Flow that can explain the historical movement of Income Quality in the same time period over historical financial statements of West High Yield, assuming nothing else is changed. The correlation between historical values of West High's Ev To Operating Cash Flow 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 Ev To Operating Cash Flow of West High Yield 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 Ev To Operating Cash Flow i.e., West High's Ev To Operating Cash Flow and Income Quality go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

Ev To Operating Cash Flow

A valuation metric comparing the company's enterprise value to its operating cash flow, indicating how many dollars of EV are generated for each dollar of operating cash flows.

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 West High's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into West High Yield 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 High Yield. 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.
At this time, West High's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 2.1 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (7.96) in 2024.
 2021 2022 2023 2024 (projected)
Other Operating Expenses2.2M4.0M2.9M1.8M
Depreciation And Amortization11.5K22.7K18.7K27.0K

West High fundamental ratios Correlations

0.490.52-0.20.010.41-0.450.430.450.880.40.230.480.970.610.310.31-0.190.30.12-0.250.440.480.140.060.47
0.490.85-0.86-0.10.97-0.680.820.480.480.51-0.340.920.440.86-0.03-0.030.00.580.34-0.880.680.730.220.140.75
0.520.85-0.89-0.490.76-0.930.980.760.340.71-0.140.850.390.80.080.08-0.220.750.08-0.870.880.910.590.560.89
-0.2-0.86-0.890.34-0.840.82-0.91-0.64-0.16-0.640.33-0.89-0.09-0.680.230.230.2-0.76-0.320.98-0.81-0.75-0.4-0.39-0.75
0.01-0.1-0.490.340.010.5-0.51-0.340.16-0.19-0.01-0.070.16-0.080.010.01-0.05-0.350.50.19-0.39-0.47-0.93-0.99-0.5
0.410.970.76-0.840.01-0.570.730.370.490.47-0.410.920.390.79-0.19-0.190.040.570.47-0.850.630.650.130.020.69
-0.45-0.68-0.930.820.5-0.57-0.94-0.92-0.21-0.88-0.1-0.77-0.3-0.67-0.07-0.070.52-0.87-0.080.81-0.86-0.89-0.61-0.59-0.84
0.430.820.98-0.91-0.510.73-0.940.780.260.72-0.160.840.290.750.030.03-0.260.80.08-0.890.880.890.610.580.83
0.450.480.76-0.64-0.340.37-0.920.780.190.890.290.60.280.480.040.04-0.770.830.16-0.680.680.680.430.460.61
0.880.480.34-0.160.160.49-0.210.260.190.20.030.480.920.45-0.06-0.06-0.020.210.4-0.180.30.26-0.03-0.130.32
0.40.510.71-0.64-0.190.47-0.880.720.890.20.30.720.310.560.030.03-0.750.920.24-0.690.730.770.410.30.72
0.23-0.34-0.140.33-0.01-0.41-0.1-0.160.290.030.3-0.240.19-0.010.210.21-0.620.16-0.10.29-0.21-0.070.090.08-0.02
0.480.920.85-0.89-0.070.92-0.770.840.60.480.72-0.240.440.81-0.13-0.13-0.230.770.44-0.910.830.790.260.140.79
0.970.440.39-0.090.160.39-0.30.290.280.920.310.190.440.570.310.31-0.10.20.16-0.150.360.390.01-0.110.4
0.610.860.8-0.68-0.080.79-0.670.750.480.450.56-0.010.810.570.330.33-0.070.520.09-0.720.70.790.280.140.77
0.31-0.030.080.230.01-0.19-0.070.030.04-0.060.030.21-0.130.310.331.00.11-0.24-0.660.180.080.280.080.010.16
0.31-0.030.080.230.01-0.19-0.070.030.04-0.060.030.21-0.130.310.331.00.11-0.24-0.660.180.080.280.080.010.16
-0.190.0-0.220.2-0.050.040.52-0.26-0.77-0.02-0.75-0.62-0.23-0.1-0.070.110.11-0.64-0.30.29-0.24-0.19-0.04-0.07-0.14
0.30.580.75-0.76-0.350.57-0.870.80.830.210.920.160.770.20.52-0.24-0.24-0.640.29-0.760.740.740.540.430.72
0.120.340.08-0.320.50.47-0.080.080.160.40.24-0.10.440.160.09-0.66-0.66-0.30.29-0.380.08-0.1-0.47-0.46-0.03
-0.25-0.88-0.870.980.19-0.850.81-0.89-0.68-0.18-0.690.29-0.91-0.15-0.720.180.180.29-0.76-0.38-0.8-0.73-0.27-0.26-0.71
0.440.680.88-0.81-0.390.63-0.860.880.680.30.73-0.210.830.360.70.080.08-0.240.740.08-0.80.880.520.450.79
0.480.730.91-0.75-0.470.65-0.890.890.680.260.77-0.070.790.390.790.280.28-0.190.74-0.1-0.730.880.660.520.94
0.140.220.59-0.4-0.930.13-0.610.610.43-0.030.410.090.260.010.280.080.08-0.040.54-0.47-0.270.520.660.940.68
0.060.140.56-0.39-0.990.02-0.590.580.46-0.130.30.080.14-0.110.140.010.01-0.070.43-0.46-0.260.450.520.940.54
0.470.750.89-0.75-0.50.69-0.840.830.610.320.72-0.020.790.40.770.160.16-0.140.72-0.03-0.710.790.940.680.54
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West High Account Relationship Matchups

West High fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6M1.6M4.4M2.9M1.9M2.4M
Short Long Term Debt Total4.0M4.4M5.3M3.8M2.5M2.7M
Total Current Liabilities4.4M5.1M6.2M5.9M6.0M6.3M
Total Stockholder Equity(4.3M)(5.1M)(3.6M)(3.0M)(4.2M)(4.0M)
Property Plant And Equipment Net1.5M1.5M1.5M1.6M28.5K27.1K
Net Debt4.0M4.4M5.2M2.7M2.3M1.3M
Retained Earnings(25.2M)(26.6M)(29.2M)(33.0M)(36.1M)(34.3M)
Accounts Payable1.9M1.9M1.6M2.2M2.5M2.7M
Non Current Assets Total1.6M1.6M1.6M1.6M1.6M1.7M
Net Receivables42.1K7.8K2.5M117.8K515.0489.25
Common Stock Shares Outstanding66.2M67.0M69.4M79.3M85.8M54.0M
Liabilities And Stockholders Equity1.6M1.6M4.4M2.9M1.9M2.4M
Other Stockholder Equity7.1M7.5M8.5M8.5M9.4M9.1M
Total Liab5.9M6.7M8.0M5.9M6.0M3.3M
Total Current Assets58.9K81.0K2.8M1.2M248.5K236.0K
Short Term Debt2.6M2.8M3.5M3.8M2.5M2.2M
Cash8.9K18.0K133.5K1.0M168.5K304.7K
Cash And Short Term Investments8.9K18.0K133.5K1.0M168.5K304.7K
Other Current Assets8.0K55.1K148.1K62.3K79.4K75.4K
Other Current Liab2.7M2.3M2.6M2.1M3.5M2.1M
Non Current Liabilities Total1.2M1.3M1.4M1.6M1.8M0.0
Net Tangible Assets(3.9M)(4.3M)(5.1M)(3.6M)(3.2M)(3.4M)
Short Long Term Debt2.6M2.8M3.5M3.7M4.0M3.0M
Common Stock13.8M14.0M16.4M19.9M20.5M14.8M
Property Plant Equipment1.5M1.5M1.5M1.5M1.8M1.6M
Accumulated Other Comprehensive Income76.4K49.5K705.9K1.5M2.0M2.1M
Long Term Debt1.3M1.4M1.6M1.8M2.1M1.5M
Net Invested Capital(254.9K)(713.1K)1.8M744.8K(214.7K)(203.9K)
Net Working Capital(4.4M)(5.0M)(3.4M)(4.6M)(5.8M)(6.1M)
Capital Stock13.8M14.0M16.4M19.9M20.5M17.9M

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