Western Earning Assets vs Net Receivables Analysis

WNEB Stock  USD 9.40  0.10  1.05%   
Western New financial indicator trend analysis is more than just analyzing Western New England current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Western New England is a good investment. Please check the relationship between Western New Earning Assets and its Net Receivables accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western New England. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Earning Assets vs Net Receivables

Earning Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Western New England Earning Assets account and Net Receivables. At this time, the significance of the direction appears to have pay attention.
The correlation between Western New's Earning Assets and Net Receivables is -0.86. Overlapping area represents the amount of variation of Earning Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Western New England, assuming nothing else is changed. The correlation between historical values of Western New's Earning Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Earning Assets of Western New England are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Earning Assets i.e., Western New's Earning Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.86
Relationship DirectionNegative 
Relationship StrengthSignificant

Earning Assets

Net Receivables

Most indicators from Western New's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Western New England 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 New England. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
The current year's Enterprise Value is expected to grow to about 274.1 M, whereas Selling General Administrative is forecasted to decline to about 2.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense6.7M6.7M33.2M34.9M
Depreciation And Amortization2.7M2.7M2.6M1.9M

Western New fundamental ratios Correlations

-0.310.010.490.820.710.93-0.380.710.630.510.270.310.420.1-0.090.0-0.670.550.310.730.32-0.080.950.610.55
-0.310.55-0.450.09-0.47-0.410.98-0.75-0.35-0.55-0.2-0.220.150.4-0.260.50.660.50.32-0.620.280.66-0.420.390.41
0.010.55-0.240.20.02-0.10.45-0.560.230.11-0.42-0.410.630.520.010.50.180.55-0.02-0.430.770.72-0.030.440.51
0.49-0.45-0.240.360.690.55-0.540.560.030.640.720.71-0.38-0.21-0.2-0.33-0.730.09-0.330.82-0.15-0.410.50.180.1
0.820.090.20.360.480.720.00.380.380.320.290.310.420.170.020.1-0.40.880.390.520.480.090.740.930.89
0.71-0.470.020.690.480.63-0.620.470.650.850.10.140.260.14-0.04-0.02-0.920.28-0.410.630.1-0.210.680.30.3
0.93-0.41-0.10.550.720.63-0.450.810.480.440.460.510.2-0.080.08-0.18-0.620.390.350.750.33-0.180.990.520.41
-0.380.980.45-0.540.0-0.62-0.45-0.71-0.43-0.71-0.18-0.210.070.31-0.230.430.760.380.42-0.660.20.59-0.480.280.3
0.71-0.75-0.560.560.380.470.81-0.710.30.340.530.55-0.12-0.380.07-0.45-0.63-0.090.220.86-0.15-0.580.770.06-0.05
0.63-0.350.230.030.380.650.48-0.430.30.56-0.41-0.350.790.430.140.32-0.570.29-0.050.270.40.140.60.240.31
0.51-0.550.110.640.320.850.44-0.710.340.560.070.090.240.10.0-0.07-0.80.17-0.530.530.19-0.150.50.190.21
0.27-0.2-0.420.720.290.10.46-0.180.53-0.410.070.99-0.65-0.47-0.14-0.48-0.190.040.220.67-0.12-0.360.350.190.07
0.31-0.22-0.410.710.310.140.51-0.210.55-0.350.090.99-0.61-0.48-0.11-0.49-0.210.050.240.68-0.07-0.350.410.210.09
0.420.150.63-0.380.420.260.20.07-0.120.790.24-0.65-0.610.540.110.49-0.120.560.17-0.140.660.520.330.460.55
0.10.40.52-0.210.170.14-0.080.31-0.380.430.1-0.47-0.480.54-0.070.98-0.010.37-0.08-0.280.320.42-0.020.250.31
-0.09-0.260.01-0.20.02-0.040.08-0.230.070.140.0-0.14-0.110.11-0.07-0.06-0.02-0.07-0.09-0.130.31-0.260.120.030.06
0.00.50.5-0.330.1-0.02-0.180.43-0.450.32-0.07-0.48-0.490.490.98-0.060.140.330.0-0.380.290.45-0.120.210.27
-0.670.660.18-0.73-0.4-0.92-0.620.76-0.63-0.57-0.8-0.19-0.21-0.12-0.01-0.020.14-0.090.44-0.740.080.51-0.66-0.13-0.12
0.550.50.550.090.880.280.390.38-0.090.290.170.040.050.560.37-0.070.33-0.090.360.120.640.470.430.970.99
0.310.32-0.02-0.330.39-0.410.350.420.22-0.05-0.530.220.240.17-0.08-0.090.00.440.360.030.320.290.310.410.34
0.73-0.62-0.430.820.520.630.75-0.660.860.270.530.670.68-0.14-0.28-0.13-0.38-0.740.120.03-0.12-0.480.720.230.15
0.320.280.77-0.150.480.10.330.2-0.150.40.19-0.12-0.070.660.320.310.290.080.640.32-0.120.590.40.640.68
-0.080.660.72-0.410.09-0.21-0.180.59-0.580.14-0.15-0.36-0.350.520.42-0.260.450.510.470.29-0.480.59-0.140.360.41
0.95-0.42-0.030.50.740.680.99-0.480.770.60.50.350.410.33-0.020.12-0.12-0.660.430.310.720.4-0.140.540.47
0.610.390.440.180.930.30.520.280.060.240.190.190.210.460.250.030.21-0.130.970.410.230.640.360.540.98
0.550.410.510.10.890.30.410.3-0.050.310.210.070.090.550.310.060.27-0.120.990.340.150.680.410.470.98
Click cells to compare fundamentals

Western New Account Relationship Matchups

Western New fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.2B2.4B2.5B2.6B2.6B1.6B
Short Long Term Debt Total240.5M101.7M22.3M62.2M156.5M193.7M
Other Current Liab(35M)636.7M787.0M(41.4M)(16.1M)(15.3M)
Total Current Liabilities35M680.6M788.5M41.4M728.2M764.6M
Total Stockholder Equity232.0M226.6M223.7M228.1M237.4M216.0M
Other Liab22.3M43.3M41.1M17.6M20.2M17.2M
Property Plant And Equipment Net23.8M25.1M26.2M25.0M33.8M18.1M
Net Debt215.8M(29.6M)(81.2M)31.9M130.6M151.6M
Retained Earnings82.2M88.4M107.4M128.0M137.0M85.4M
Accounts Payable1.7B2.0B2.3B2.2B140K133K
Cash24.7M87.4M103.5M30.3M25.8M40.0M
Non Current Assets Total274.0M254.4M469.7M54.7M2.5B2.7B
Non Currrent Assets Other(9.2M)(12.6M)(12.1M)(383.4M)2.5B2.6B
Other Assets1.6B1.8B1.8B2.5B8.5M8.1M
Cash And Short Term Investments252.4M289.3M297.8M177.3M28.8M27.4M
Common Stock Shares Outstanding26.3M25.1M23.3M21.9M21.6M21.7M
Short Term Investments227.7M201.9M194.4M147.0M3.0M2.8M
Liabilities And Stockholders Equity2.2B2.4B2.5B2.6B2.6B1.6B
Other Stockholder Equity158.6M149.3M128.4M125.0M125.4M138.6M
Total Liab1.9B57.9M22.3M2.3B2.3B1.2B
Property Plant And Equipment Gross23.8M53.8M57.2M58.3M61.2M64.3M
Total Current Assets257.8M297.8M305.6M36.8M28.8M27.4M
Accumulated Other Comprehensive Income(9.0M)(11.3M)(12.3M)(25.0M)(25.2M)(24.0M)
Short Term Debt35M43.9M1.4M41.4M16.1M15.3M
Property Plant Equipment23.8M25.1M26.2M25.0M28.7M17.2M
Common Stock Total Equity266K253K227K222K255.3K247.4K
Common Stock266K253K227K222K217K247.0K
Long Term Debt205.5M57.9M22.3M20.9M140.4M142.3M
Net Receivables5.3M8.5M7.8M8.1M8.5M5.8M
Non Current Liabilities Total205.5M57.9M22.3M2.3B2.3B2.4B
Net Tangible Assets216.2M211.2M208.6M213.5M245.5M216.9M
Retained Earnings Total Equity82.2M88.4M107.4M128.0M147.2M75.4M
Long Term Debt Total205.5M57.9M19.6M19.7M17.7M16.8M
Capital Surpluse164.2M154.5M132.8M128.9M148.2M168.0M
Long Term Investments1.8B1.9B428.5M383.4M360.7M342.6M
Non Current Liabilities Other31.1M43.1M35.6M33.4M38.4M24.6M
Intangible Assets3.3M2.9M2.6M2.2M1.8M2.1M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Western New England offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Western New's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Western New England Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Western New England Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western New England. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Regional 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 Western New. If investors know Western 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 Western New 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
(0.57)
Dividend Share
0.28
Earnings Share
0.52
Revenue Per Share
3.441
Quarterly Revenue Growth
(0.10)
The market value of Western New England is measured differently than its book value, which is the value of Western that is recorded on the company's balance sheet. Investors also form their own opinion of Western New's value that differs from its market value or its book value, called intrinsic value, which is Western New's 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 Western New's market value can be influenced by many factors that don't directly affect Western New's 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 Western New's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western New is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western New's 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.