WPRT Stock | | | USD 4.51 0.08 1.81% |
Westport Fuel financial indicator trend analysis is more than just analyzing Westport Fuel Systems current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Westport Fuel Systems is a good investment. Please check the relationship between Westport Fuel Net Debt and its Other Stockholder Equity accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westport Fuel Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Net Debt vs Other Stockholder Equity
Net Debt vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Westport Fuel Systems Net Debt account and
Other Stockholder Equity. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Westport Fuel's Net Debt and Other Stockholder Equity is -0.14. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Westport Fuel Systems, assuming nothing else is changed. The correlation between historical values of Westport Fuel's Net Debt and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Westport Fuel Systems are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Net Debt i.e., Westport Fuel's Net Debt and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.14 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Other Stockholder Equity
Most indicators from Westport Fuel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Westport Fuel Systems 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 Westport Fuel Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
At this time, Westport Fuel's
Tax Provision is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.21 in 2024, despite the fact that
Discontinued Operations is likely to grow to (160.6
K).
Westport Fuel fundamental ratios Correlations
Click cells to compare fundamentals
Westport Fuel Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Westport Fuel fundamental ratios Accounts
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Additional Tools for Westport Stock Analysis
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measure Westport Fuel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Westport Fuel is operating at the current time. Most of Westport Fuel's value examination focuses on studying past and present price action to
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