Winpak Historical Balance Sheet

WPK Stock  CAD 50.54  1.15  2.33%   
Trend analysis of Winpak balance sheet accounts such as Total Assets of 1.7 B, Short Long Term Debt Total of 13.1 M, Other Current Liabilities of 43.6 M or Total Current Liabilities of 55.2 M provides information on Winpak's total assets, liabilities, and equity, which is the actual value of Winpak to its prevalent stockholders. By breaking down trends over time using Winpak balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Winpak latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Winpak is a good buy for the upcoming year.

Winpak Inventory

230.75 Million

  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Winpak. 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.

About Winpak Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Winpak at a specified time, usually calculated after every quarter, six months, or one year. Winpak Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Winpak and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Winpak currently owns. An asset can also be divided into two categories, current and non-current.

Winpak Balance Sheet Chart

At this time, Winpak's Net Receivables is very stable compared to the past year. As of the 26th of November 2024, Liabilities And Stockholders Equity is likely to grow to about 1.7 B, while Short and Long Term Debt Total is likely to drop about 13.1 M.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

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.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most accounts from Winpak's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Winpak current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Winpak. 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, Winpak's Net Receivables is very stable compared to the past year. As of the 26th of November 2024, Liabilities And Stockholders Equity is likely to grow to about 1.7 B, while Short and Long Term Debt Total is likely to drop about 13.1 M.
 2021 2022 2023 2024 (projected)
Cash377.5M398.7M541.9M569.0M
Other Assets13.5M10.8M12.4M8.5M

Winpak balance sheet Correlations

-0.340.770.721.00.81-0.74-0.940.990.670.820.370.980.520.860.930.820.540.810.90.99-0.530.880.690.950.95
-0.34-0.51-0.68-0.28-0.59-0.140.08-0.25-0.67-0.590.2-0.370.14-0.59-0.26-0.03-0.88-0.65-0.09-0.210.77-0.38-0.6-0.1-0.1
0.77-0.510.80.750.72-0.42-0.580.740.60.720.350.820.320.750.820.610.490.790.70.73-0.630.640.550.60.6
0.72-0.680.80.670.89-0.27-0.490.650.920.890.090.780.110.920.780.450.770.980.630.65-0.720.740.820.490.49
1.0-0.280.750.670.78-0.78-0.961.00.620.790.390.970.550.830.910.830.490.770.90.99-0.490.870.660.970.97
0.81-0.590.720.890.78-0.52-0.690.770.781.00.290.790.150.960.720.470.670.940.60.74-0.70.840.780.680.68
-0.74-0.14-0.42-0.27-0.78-0.520.87-0.79-0.21-0.52-0.53-0.65-0.45-0.49-0.63-0.52-0.04-0.39-0.66-0.780.19-0.55-0.24-0.85-0.85
-0.940.08-0.58-0.49-0.96-0.690.87-0.97-0.44-0.71-0.43-0.86-0.59-0.71-0.81-0.79-0.32-0.61-0.82-0.960.32-0.81-0.53-1.0-1.0
0.99-0.250.740.651.00.77-0.79-0.970.60.780.410.960.560.810.910.840.460.750.91.0-0.460.860.640.970.97
0.67-0.670.60.920.620.78-0.21-0.440.60.78-0.120.750.110.870.730.430.870.910.620.61-0.70.710.870.460.46
0.82-0.590.720.890.791.0-0.52-0.710.780.780.290.80.160.960.730.490.670.950.620.75-0.70.860.80.690.69
0.370.20.350.090.390.29-0.53-0.430.41-0.120.290.330.170.210.290.42-0.280.150.330.380.010.21-0.110.410.41
0.98-0.370.820.780.970.79-0.65-0.860.960.750.80.330.540.870.960.850.580.840.940.96-0.550.840.730.880.88
0.520.140.320.110.550.15-0.45-0.590.560.110.160.170.540.190.480.770.070.150.640.590.040.270.240.610.61
0.86-0.590.750.920.830.96-0.49-0.710.810.870.960.210.870.190.80.570.740.980.710.8-0.740.890.830.710.71
0.93-0.260.820.780.910.72-0.63-0.810.910.730.730.290.960.480.80.80.480.80.950.93-0.450.780.670.820.82
0.82-0.030.610.450.830.47-0.52-0.790.840.430.490.420.850.770.570.80.260.520.90.85-0.170.650.490.810.81
0.54-0.880.490.770.490.67-0.04-0.320.460.870.67-0.280.580.070.740.480.260.770.350.45-0.790.60.760.340.34
0.81-0.650.790.980.770.94-0.39-0.610.750.910.950.150.840.150.980.80.520.770.680.74-0.750.830.840.610.61
0.9-0.090.70.630.90.6-0.66-0.820.90.620.620.330.940.640.710.950.90.350.680.93-0.330.730.630.850.85
0.99-0.210.730.650.990.74-0.78-0.961.00.610.750.380.960.590.80.930.850.450.740.93-0.430.850.640.970.97
-0.530.77-0.63-0.72-0.49-0.70.190.32-0.46-0.7-0.70.01-0.550.04-0.74-0.45-0.17-0.79-0.75-0.33-0.43-0.62-0.65-0.34-0.34
0.88-0.380.640.740.870.84-0.55-0.810.860.710.860.210.840.270.890.780.650.60.830.730.85-0.620.810.810.81
0.69-0.60.550.820.660.78-0.24-0.530.640.870.8-0.110.730.240.830.670.490.760.840.630.64-0.650.810.530.53
0.95-0.10.60.490.970.68-0.85-1.00.970.460.690.410.880.610.710.820.810.340.610.850.97-0.340.810.531.0
0.95-0.10.60.490.970.68-0.85-1.00.970.460.690.410.880.610.710.820.810.340.610.850.97-0.340.810.531.0
Click cells to compare fundamentals

Winpak Account Relationship Matchups

Winpak balance sheet Accounts

201920202021202220232024 (projected)
Total Assets1.2B1.3B1.3B1.5B1.6B1.7B
Other Current Liab32.2M28.4M28.4M55.5M41.5M43.6M
Total Current Liabilities71.5M68.0M97.0M124.7M93.9M55.2M
Total Stockholder Equity1.0B1.1B1.1B1.2B1.4B1.4B
Property Plant And Equipment Net489.3M507.5M515.2M518.6M543.4M278.7M
Current Deferred Revenue3.7M1.8M3.5M2.6M1.5M1.6M
Net Debt(392.3M)(481.1M)(364.0M)(386.1M)(528.0M)(501.6M)
Retained Earnings1.0B1.1B1.1B1.2B1.3B1.4B
Accounts Payable35.0M36.5M63.8M65.3M48.9M36.7M
Non Current Assets Total538.4M551.5M563.3M562.5M587.4M307.7M
Non Currrent Assets Other11.1M8.1M13.5M10.8M12.2M12.8M
Net Receivables143.1M145.9M187.2M207.6M211.9M222.5M
Liabilities And Stockholders Equity1.2B1.3B1.3B1.5B1.6B1.7B
Non Current Liabilities Total75.1M97.6M108.9M99.0M93.9M64.4M
Inventory130.5M135.6M187.1M288.1M219.8M230.8M
Other Current Assets3.2M4.3M6.7M5.6M10.5M11.0M
Other Stockholder Equity380K834K(524K)(972K)(1.0)(0.95)
Total Liab146.6M165.6M206.0M223.7M187.8M119.6M
Property Plant And Equipment Gross489.3M507.5M1.0B1.1B1.1B1.2B
Total Current Assets674.0M781.2M758.4M900.0M984.0M1.0B
Accumulated Other Comprehensive Income380K834K(524K)(972K)1.4M1.3M
Short Term Debt612K1.3M1.3M1.3M2.0M1.9M
Intangible Assets18.9M17.5M16.0M14.7M13.4M10.6M
Other Assets11.8M8.1M13.5M10.8M12.4M8.5M
Cash397.2M495.3M377.5M398.7M541.9M569.0M
Cash And Short Term Investments397.2M495.3M377.5M398.7M541.9M569.0M
Other Liab70.8M84.6M96.7M87.8M100.9M79.4M
Net Tangible Assets997.5M1.1B1.0B1.2B1.3B927.4M
Property Plant Equipment489.3M507.5M515.2M518.6M596.4M480.0M
Long Term Debt Total4.3M13.0M12.2M11.2M12.9M13.5M
Cash And Equivalents377.4M480.7M358.7M363.2M417.7M370.9M
Net Invested Capital1.0B1.1B1.1B1.2B1.4B1.2B
Net Working Capital602.4M713.1M661.4M775.3M890.1M730.3M

Pair Trading with Winpak

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Winpak position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Winpak will appreciate offsetting losses from the drop in the long position's value.

Moving together with Winpak Stock

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Moving against Winpak Stock

  0.56INFM Infinico Metals CorpPairCorr
  0.53SEC Senvest CapitalPairCorr
The ability to find closely correlated positions to Winpak could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Winpak when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Winpak - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Winpak to buy it.
The correlation of Winpak is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Winpak moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Winpak moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Winpak can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Winpak Stock

Balance Sheet is a snapshot of the financial position of Winpak at a specified time, usually calculated after every quarter, six months, or one year. Winpak Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Winpak and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Winpak currently owns. An asset can also be divided into two categories, current and non-current.