West Interest Coverage vs Price To Sales Ratio Analysis

WHY Stock

CAD 0.26 0.01 3.70%

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 Interest Coverage 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 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.

Interest Coverage vs Price To Sales Ratio

Interest Coverage vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of West High Yield Interest Coverage account and Price To Sales Ratio. At this time, the significance of the direction appears to have totally related.

The correlation between West High's Interest Coverage and Price To Sales Ratio is 0.99. Overlapping area represents the amount of variation of Interest Coverage that can explain the historical movement of Price To Sales Ratio 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 Interest Coverage 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 Interest Coverage of West High Yield 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 Interest Coverage i.e., West High's Interest Coverage and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Interest Coverage

Price To Sales Ratio

Price to Sales Ratio is figured by comparing West High Yield stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on West High sales, a figure that is much harder to manipulate than other West High Yield 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 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 Expenses	2.2M	4.0M	2.9M	1.8M
Depreciation And Amortization	11.5K	22.7K	18.7K	27.0K

Other Operating Expenses Depreciation And Amortization

West High fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Non Current Assets Total	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Cash	Cash And Short Term Investments	Other Current Assets	Other Current Liab	Non Current Liabilities Total	Net Tangible Assets	Short Long Term Debt	Common Stock	Property Plant Equipment	Non Currrent Assets Other	Other Assets
Total Assets		0.49	0.52	-0.2	0.01	0.41	-0.45	0.43	0.45	0.88	0.4	0.23	0.48	0.97	0.61	0.31	0.31	-0.19	0.3	0.12	-0.25	0.44	0.48	0.14	0.06	0.47
Short Long Term Debt Total	0.49		0.85	-0.86	-0.1	0.97	-0.68	0.82	0.48	0.48	0.51	-0.34	0.92	0.44	0.86	-0.03	-0.03	0.0	0.58	0.34	-0.88	0.68	0.73	0.22	0.14	0.75
Total Current Liabilities	0.52	0.85		-0.89	-0.49	0.76	-0.93	0.98	0.76	0.34	0.71	-0.14	0.85	0.39	0.8	0.08	0.08	-0.22	0.75	0.08	-0.87	0.88	0.91	0.59	0.56	0.89
Total Stockholder Equity	-0.2	-0.86	-0.89		0.34	-0.84	0.82	-0.91	-0.64	-0.16	-0.64	0.33	-0.89	-0.09	-0.68	0.23	0.23	0.2	-0.76	-0.32	0.98	-0.81	-0.75	-0.4	-0.39	-0.75
Property Plant And Equipment Net	0.01	-0.1	-0.49	0.34		0.01	0.5	-0.51	-0.34	0.16	-0.19	-0.01	-0.07	0.16	-0.08	0.01	0.01	-0.05	-0.35	0.5	0.19	-0.39	-0.47	-0.93	-0.99	-0.5
Net Debt	0.41	0.97	0.76	-0.84	0.01		-0.57	0.73	0.37	0.49	0.47	-0.41	0.92	0.39	0.79	-0.19	-0.19	0.04	0.57	0.47	-0.85	0.63	0.65	0.13	0.02	0.69
Retained Earnings	-0.45	-0.68	-0.93	0.82	0.5	-0.57		-0.94	-0.92	-0.21	-0.88	-0.1	-0.77	-0.3	-0.67	-0.07	-0.07	0.52	-0.87	-0.08	0.81	-0.86	-0.89	-0.61	-0.59	-0.84
Accounts Payable	0.43	0.82	0.98	-0.91	-0.51	0.73	-0.94		0.78	0.26	0.72	-0.16	0.84	0.29	0.75	0.03	0.03	-0.26	0.8	0.08	-0.89	0.88	0.89	0.61	0.58	0.83
Non Current Assets Total	0.45	0.48	0.76	-0.64	-0.34	0.37	-0.92	0.78		0.19	0.89	0.29	0.6	0.28	0.48	0.04	0.04	-0.77	0.83	0.16	-0.68	0.68	0.68	0.43	0.46	0.61
Net Receivables	0.88	0.48	0.34	-0.16	0.16	0.49	-0.21	0.26	0.19		0.2	0.03	0.48	0.92	0.45	-0.06	-0.06	-0.02	0.21	0.4	-0.18	0.3	0.26	-0.03	-0.13	0.32
Common Stock Shares Outstanding	0.4	0.51	0.71	-0.64	-0.19	0.47	-0.88	0.72	0.89	0.2		0.3	0.72	0.31	0.56	0.03	0.03	-0.75	0.92	0.24	-0.69	0.73	0.77	0.41	0.3	0.72
Other Stockholder Equity	0.23	-0.34	-0.14	0.33	-0.01	-0.41	-0.1	-0.16	0.29	0.03	0.3		-0.24	0.19	-0.01	0.21	0.21	-0.62	0.16	-0.1	0.29	-0.21	-0.07	0.09	0.08	-0.02
Total Liab	0.48	0.92	0.85	-0.89	-0.07	0.92	-0.77	0.84	0.6	0.48	0.72	-0.24		0.44	0.81	-0.13	-0.13	-0.23	0.77	0.44	-0.91	0.83	0.79	0.26	0.14	0.79
Total Current Assets	0.97	0.44	0.39	-0.09	0.16	0.39	-0.3	0.29	0.28	0.92	0.31	0.19	0.44		0.57	0.31	0.31	-0.1	0.2	0.16	-0.15	0.36	0.39	0.01	-0.11	0.4
Short Term Debt	0.61	0.86	0.8	-0.68	-0.08	0.79	-0.67	0.75	0.48	0.45	0.56	-0.01	0.81	0.57		0.33	0.33	-0.07	0.52	0.09	-0.72	0.7	0.79	0.28	0.14	0.77
Cash	0.31	-0.03	0.08	0.23	0.01	-0.19	-0.07	0.03	0.04	-0.06	0.03	0.21	-0.13	0.31	0.33		1.0	0.11	-0.24	-0.66	0.18	0.08	0.28	0.08	0.01	0.16
Cash And Short Term Investments	0.31	-0.03	0.08	0.23	0.01	-0.19	-0.07	0.03	0.04	-0.06	0.03	0.21	-0.13	0.31	0.33	1.0		0.11	-0.24	-0.66	0.18	0.08	0.28	0.08	0.01	0.16
Other Current Assets	-0.19	0.0	-0.22	0.2	-0.05	0.04	0.52	-0.26	-0.77	-0.02	-0.75	-0.62	-0.23	-0.1	-0.07	0.11	0.11		-0.64	-0.3	0.29	-0.24	-0.19	-0.04	-0.07	-0.14
Other Current Liab	0.3	0.58	0.75	-0.76	-0.35	0.57	-0.87	0.8	0.83	0.21	0.92	0.16	0.77	0.2	0.52	-0.24	-0.24	-0.64		0.29	-0.76	0.74	0.74	0.54	0.43	0.72
Non Current Liabilities Total	0.12	0.34	0.08	-0.32	0.5	0.47	-0.08	0.08	0.16	0.4	0.24	-0.1	0.44	0.16	0.09	-0.66	-0.66	-0.3	0.29		-0.38	0.08	-0.1	-0.47	-0.46	-0.03
Net Tangible Assets	-0.25	-0.88	-0.87	0.98	0.19	-0.85	0.81	-0.89	-0.68	-0.18	-0.69	0.29	-0.91	-0.15	-0.72	0.18	0.18	0.29	-0.76	-0.38		-0.8	-0.73	-0.27	-0.26	-0.71
Short Long Term Debt	0.44	0.68	0.88	-0.81	-0.39	0.63	-0.86	0.88	0.68	0.3	0.73	-0.21	0.83	0.36	0.7	0.08	0.08	-0.24	0.74	0.08	-0.8		0.88	0.52	0.45	0.79
Common Stock	0.48	0.73	0.91	-0.75	-0.47	0.65	-0.89	0.89	0.68	0.26	0.77	-0.07	0.79	0.39	0.79	0.28	0.28	-0.19	0.74	-0.1	-0.73	0.88		0.66	0.52	0.94
Property Plant Equipment	0.14	0.22	0.59	-0.4	-0.93	0.13	-0.61	0.61	0.43	-0.03	0.41	0.09	0.26	0.01	0.28	0.08	0.08	-0.04	0.54	-0.47	-0.27	0.52	0.66		0.94	0.68
Non Currrent Assets Other	0.06	0.14	0.56	-0.39	-0.99	0.02	-0.59	0.58	0.46	-0.13	0.3	0.08	0.14	-0.11	0.14	0.01	0.01	-0.07	0.43	-0.46	-0.26	0.45	0.52	0.94		0.54
Other Assets	0.47	0.75	0.89	-0.75	-0.5	0.69	-0.84	0.83	0.61	0.32	0.72	-0.02	0.79	0.4	0.77	0.16	0.16	-0.14	0.72	-0.03	-0.71	0.79	0.94	0.68	0.54

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West High Account Relationship Matchups

West High fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.6M	1.6M	4.4M	2.9M	1.9M	2.4M
Short Long Term Debt Total	4.0M	4.4M	5.3M	3.8M	2.5M	2.7M
Total Current Liabilities	4.4M	5.1M	6.2M	5.9M	6.0M	6.3M
Total Stockholder Equity	(4.3M)	(5.1M)	(3.6M)	(3.0M)	(4.2M)	(4.0M)
Property Plant And Equipment Net	1.5M	1.5M	1.5M	1.6M	28.5K	27.1K
Net Debt	4.0M	4.4M	5.2M	2.7M	2.3M	1.3M
Retained Earnings	(25.2M)	(26.6M)	(29.2M)	(33.0M)	(36.1M)	(34.3M)
Accounts Payable	1.9M	1.9M	1.6M	2.2M	2.5M	2.7M
Non Current Assets Total	1.6M	1.6M	1.6M	1.6M	1.6M	1.7M
Net Receivables	42.1K	7.8K	2.5M	117.8K	515.0	489.25
Common Stock Shares Outstanding	66.2M	67.0M	69.4M	79.3M	85.8M	54.0M
Liabilities And Stockholders Equity	1.6M	1.6M	4.4M	2.9M	1.9M	2.4M
Other Stockholder Equity	7.1M	7.5M	8.5M	8.5M	9.4M	9.1M
Total Liab	5.9M	6.7M	8.0M	5.9M	6.0M	3.3M
Total Current Assets	58.9K	81.0K	2.8M	1.2M	248.5K	236.0K
Short Term Debt	2.6M	2.8M	3.5M	3.8M	2.5M	2.2M
Cash	8.9K	18.0K	133.5K	1.0M	168.5K	304.7K
Cash And Short Term Investments	8.9K	18.0K	133.5K	1.0M	168.5K	304.7K
Other Current Assets	8.0K	55.1K	148.1K	62.3K	79.4K	75.4K
Other Current Liab	2.7M	2.3M	2.6M	2.1M	3.5M	2.1M
Non Current Liabilities Total	1.2M	1.3M	1.4M	1.6M	1.8M	0.0
Net Tangible Assets	(3.9M)	(4.3M)	(5.1M)	(3.6M)	(3.2M)	(3.4M)
Short Long Term Debt	2.6M	2.8M	3.5M	3.7M	4.0M	3.0M
Common Stock	13.8M	14.0M	16.4M	19.9M	20.5M	14.8M
Property Plant Equipment	1.5M	1.5M	1.5M	1.5M	1.8M	1.6M
Accumulated Other Comprehensive Income	76.4K	49.5K	705.9K	1.5M	2.0M	2.1M
Long Term Debt	1.3M	1.4M	1.6M	1.8M	2.1M	1.5M
Net Invested Capital	(254.9K)	(713.1K)	1.8M	744.8K	(214.7K)	(203.9K)
Net Working Capital	(4.4M)	(5.0M)	(3.4M)	(4.6M)	(5.8M)	(6.1M)
Capital Stock	13.8M	14.0M	16.4M	19.9M	20.5M	17.9M

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