Western Long Term Debt vs Retained Earnings Analysis

WI Stock

CAD 0.45 0.05 12.50%

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

Long Term Debt vs Retained Earnings

Long Term Debt vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Western Investment Long Term Debt account and Retained Earnings. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Western Investment's Long Term Debt and Retained Earnings is -0.64. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Western Investment, assuming nothing else is changed. The correlation between historical values of Western Investment's Long Term Debt and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Western Investment are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Long Term Debt i.e., Western Investment's Long Term Debt and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.64

Relationship Direction	Negative
Relationship Strength	Weak

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Long Term Debt

Long-term debt is a debt that Western Investment has held for over one year. Long-term debt appears on Western Investment balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Western Investment balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from Western Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Western Investment 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 Western Investment. 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 693.4 K in 2024. Tax Provision is likely to climb to about (91.3 K) in 2024

Western Investment fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Long Term Investments	Net Debt	Long Term Debt	Common Stock Shares Outstanding	Other Current Assets	Net Invested Capital	Short Long Term Debt	Net Working Capital	Short Term Debt	Capital Stock	Other Assets
Total Assets		0.84	0.99	0.99	-0.67	0.55	0.04	0.75	0.92	0.27	0.99	0.94	0.91	-0.41	0.94	0.58	-0.03	-0.16	-0.29	-0.14	0.77	-0.85	0.85	-0.26	0.62
Total Current Liabilities	0.84		0.87	0.88	-0.42	0.44	-0.08	0.56	0.65	0.09	0.85	0.83	0.79	-0.24	0.84	0.29	-0.35	-0.12	-0.33	-0.13	0.83	-0.82	0.8	-0.21	0.42
Total Stockholder Equity	0.99	0.87		0.99	-0.58	0.57	0.01	0.69	0.84	0.26	0.97	0.93	0.88	-0.33	0.93	0.46	-0.17	-0.15	-0.26	-0.14	0.79	-0.85	0.83	-0.25	0.52
Net Tangible Assets	0.99	0.88	0.99		-0.62	0.56	0.01	0.71	0.87	0.25	0.99	0.93	0.91	-0.35	0.94	0.51	-0.11	-0.13	-0.28	-0.13	0.82	-0.86	0.85	-0.23	0.56
Retained Earnings	-0.67	-0.42	-0.58	-0.62		-0.36	0.08	-0.69	-0.83	-0.03	-0.71	-0.68	-0.71	0.84	-0.66	-0.85	-0.64	0.41	0.56	0.52	-0.53	0.68	-0.67	0.48	-0.94
Accounts Payable	0.55	0.44	0.57	0.56	-0.36		0.19	-0.06	0.44	0.47	0.56	0.33	0.3	-0.2	0.33	0.11	-0.06	-0.04	-0.06	-0.04	0.22	-0.23	0.22	-0.07	0.13
Cash	0.04	-0.08	0.01	0.01	0.08	0.19		-0.13	0.12	0.92	0.03	-0.25	-0.24	-0.12	-0.25	-0.19	0.1	0.03	0.0	0.12	-0.4	0.41	-0.39	0.08	-0.21
Other Stockholder Equity	0.75	0.56	0.69	0.71	-0.69	-0.06	-0.13		0.82	-0.07	0.72	0.86	0.84	-0.41	0.85	0.81	0.24	-0.35	-0.49	-0.2	0.67	-0.83	0.81	-0.44	0.79
Total Liab	0.92	0.65	0.84	0.87	-0.83	0.44	0.12	0.82		0.27	0.92	0.86	0.89	-0.57	0.85	0.82	0.33	-0.17	-0.35	-0.13	0.63	-0.77	0.8	-0.26	0.81
Total Current Assets	0.27	0.09	0.26	0.25	-0.03	0.47	0.92	-0.07	0.27		0.25	-0.06	-0.08	-0.17	-0.05	-0.14	0.02	-0.02	0.02	0.04	-0.21	0.24	-0.24	0.01	-0.17
Common Stock	0.99	0.85	0.97	0.99	-0.71	0.56	0.03	0.72	0.92	0.25		0.93	0.92	-0.48	0.93	0.59	0.01	-0.13	-0.29	-0.18	0.8	-0.86	0.87	-0.23	0.66
Non Current Assets Total	0.94	0.83	0.93	0.93	-0.68	0.33	-0.25	0.86	0.86	-0.06	0.93		0.98	-0.36	1.0	0.66	-0.04	-0.2	-0.34	-0.17	0.87	-0.97	0.96	-0.31	0.71
Non Currrent Assets Other	0.91	0.79	0.88	0.91	-0.71	0.3	-0.24	0.84	0.89	-0.08	0.92	0.98		-0.41	0.97	0.73	0.06	-0.05	-0.26	-0.09	0.85	-0.95	0.98	-0.17	0.78
Net Receivables	-0.41	-0.24	-0.33	-0.35	0.84	-0.2	-0.12	-0.41	-0.57	-0.17	-0.48	-0.36	-0.41		-0.35	-0.52	-0.64	0.32	0.41	0.7	-0.3	0.4	-0.38	0.36	-0.75
Long Term Investments	0.94	0.84	0.93	0.94	-0.66	0.33	-0.25	0.85	0.85	-0.05	0.93	1.0	0.97	-0.35		0.64	-0.06	-0.19	-0.34	-0.17	0.88	-0.97	0.96	-0.31	0.69
Net Debt	0.58	0.29	0.46	0.51	-0.85	0.11	-0.19	0.81	0.82	-0.14	0.59	0.66	0.73	-0.52	0.64		0.63	-0.25	-0.42	-0.13	0.43	-0.63	0.67	-0.32	0.92
Long Term Debt	-0.03	-0.35	-0.17	-0.11	-0.64	-0.06	0.1	0.24	0.33	0.02	0.01	-0.04	0.06	-0.64	-0.06	0.63		-0.29	-0.38	-0.37	-0.11	0.03	0.01	-0.28	0.59
Common Stock Shares Outstanding	-0.16	-0.12	-0.15	-0.13	0.41	-0.04	0.03	-0.35	-0.17	-0.02	-0.13	-0.2	-0.05	0.32	-0.19	-0.25	-0.29		0.9	0.73	-0.2	0.25	-0.05	0.99	-0.28
Other Current Assets	-0.29	-0.33	-0.26	-0.28	0.56	-0.06	0.0	-0.49	-0.35	0.02	-0.29	-0.34	-0.26	0.41	-0.34	-0.42	-0.38	0.9		0.66	-0.39	0.4	-0.26	0.91	-0.47
Net Invested Capital	-0.14	-0.13	-0.14	-0.13	0.52	-0.04	0.12	-0.2	-0.13	0.04	-0.18	-0.17	-0.09	0.7	-0.17	-0.13	-0.37	0.73	0.66		-0.33	0.3	-0.14	0.74	-0.35
Short Long Term Debt	0.77	0.83	0.79	0.82	-0.53	0.22	-0.4	0.67	0.63	-0.21	0.8	0.87	0.85	-0.3	0.88	0.43	-0.11	-0.2	-0.39	-0.33		-0.92	0.9	-0.3	0.53
Net Working Capital	-0.85	-0.82	-0.85	-0.86	0.68	-0.23	0.41	-0.83	-0.77	0.24	-0.86	-0.97	-0.95	0.4	-0.97	-0.63	0.03	0.25	0.4	0.3	-0.92		-0.97	0.36	-0.73
Short Term Debt	0.85	0.8	0.83	0.85	-0.67	0.22	-0.39	0.81	0.8	-0.24	0.87	0.96	0.98	-0.38	0.96	0.67	0.01	-0.05	-0.26	-0.14	0.9	-0.97		-0.16	0.75
Capital Stock	-0.26	-0.21	-0.25	-0.23	0.48	-0.07	0.08	-0.44	-0.26	0.01	-0.23	-0.31	-0.17	0.36	-0.31	-0.32	-0.28	0.99	0.91	0.74	-0.3	0.36	-0.16		-0.36
Other Assets	0.62	0.42	0.52	0.56	-0.94	0.13	-0.21	0.79	0.81	-0.17	0.66	0.71	0.78	-0.75	0.69	0.92	0.59	-0.28	-0.47	-0.35	0.53	-0.73	0.75	-0.36

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Western Investment Account Relationship Matchups

Western Investment fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	22.6M	19.9M	19.5M	18.6M	19.9M	17.5M
Total Current Liabilities	1.4M	922.8K	1.2M	154.5K	1.5M	965.3K
Total Stockholder Equity	18.2M	14.6M	13.7M	12.4M	12.8M	13.1M
Net Tangible Assets	16.2M	18.2M	13.7M	13.7M	15.8M	12.7M
Retained Earnings	331.0K	(4.2M)	(4.2M)	(5.6M)	(5.6M)	(5.3M)
Accounts Payable	155.7K	163.2K	146.0K	144.7K	130.3K	143.2K
Cash	149.9K	365.9K	23.3K	25.7K	618.7K	341.7K
Total Liab	4.4M	5.3M	5.8M	6.2M	7.1M	4.4M
Total Current Assets	775.7K	417.9K	51.3K	416.3K	656.1K	1.2M
Common Stock	15.9M	15.8M	15.8M	15.7M	18.1M	13.2M
Non Current Assets Total	21.8M	19.5M	19.5M	18.2M	19.2M	17.7M
Net Receivables	623.4K	45.9K	22.2K	371.0	12.7K	12.1K
Non Current Liabilities Total	3.0M	4.4M	4.6M	6.1M	5.6M	3.9M
Long Term Investments	21.5M	18.7M	18.7M	17.3M	18.5M	17.2M
Net Debt	4.0M	4.8M	5.6M	6.1M	6.1M	4.9M
Common Stock Shares Outstanding	30.6M	30.5M	30.3M	30.3M	30.2M	24.3M
Net Invested Capital	22.4M	19.8M	19.4M	18.5M	19.5M	15.7M
Short Long Term Debt	1.2M	776.8K	1.0M	1.1M	1.3M	1.1M
Net Working Capital	(576.1K)	(504.8K)	(1.1M)	261.8K	(825.0K)	(783.7K)
Capital Stock	15.8M	15.8M	15.7M	15.7M	15.6M	12.6M

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