Westport Short Term Debt vs Property Plant Equipment Analysis
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 Short Term Debt and its Property Plant Equipment 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.
Short Term Debt vs Property Plant Equipment
Short Term Debt vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Westport Fuel Systems Short Term Debt account and Property Plant Equipment. At this time, the significance of the direction appears to have very week relationship.
The correlation between Westport Fuel's Short Term Debt and Property Plant Equipment is 0.27. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Property Plant Equipment 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 Short Term Debt and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Westport Fuel Systems are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Short Term Debt i.e., Westport Fuel's Short Term Debt and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.27 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Short Term Debt
Property Plant Equipment
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).
2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 344.6M | 349.5M | 380.2M | 399.2M | Total Revenue | 312.4M | 305.7M | 331.8M | 348.4M |
Westport Fuel fundamental ratios Correlations
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Westport Fuel Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Westport Fuel fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 279.9M | 346.3M | 471.3M | 407.5M | 353.9M | 219.3M | |
Short Long Term Debt Total | 66.4M | 113.4M | 97.9M | 76.4M | 82.8M | 46.0M | |
Total Current Liabilities | 114.6M | 147.0M | 146.4M | 135.5M | 134.1M | 68.1M | |
Total Stockholder Equity | 89.4M | 104.1M | 236.4M | 204.0M | 159.6M | 106.9M | |
Property Plant And Equipment Net | 76.4M | 85.5M | 93.3M | 86.4M | 91.9M | 96.5M | |
Net Debt | 22.7M | 49.1M | (27.0M) | (9.8M) | 28.1M | 29.5M | |
Retained Earnings | (998.3M) | (1.0B) | (992.0M) | (1.0B) | (1.1B) | (1.0B) | |
Accounts Payable | 60.2M | 57.3M | 73.4M | 72.9M | 70.6M | 74.1M | |
Cash | 43.7M | 64.3M | 124.9M | 86.2M | 54.8M | 54.4M | |
Non Current Assets Total | 111.7M | 128.4M | 132.7M | 130.2M | 138.3M | 76.2M | |
Non Currrent Assets Other | 6.7M | 11.6M | 11.6M | 18.0M | 31.7M | 33.3M | |
Cash And Short Term Investments | 43.7M | 64.3M | 124.9M | 86.2M | 54.8M | 68.1M | |
Net Receivables | 67.0M | 90.5M | 101.4M | 101.6M | 87.6M | 92.0M | |
Common Stock Shares Outstanding | 13.4M | 13.7M | 16.2M | 17.1M | 17.2M | 10.0M | |
Liabilities And Stockholders Equity | 279.9M | 346.3M | 471.3M | 407.5M | 353.9M | 219.3M | |
Non Current Liabilities Total | 76.0M | 95.2M | 88.4M | 68.0M | 60.2M | 44.4M | |
Other Stockholder Equity | 26.3M | 23.0M | 16.9M | 11.5M | 10.7M | 10.2M | |
Total Liab | 190.6M | 242.2M | 234.9M | 203.5M | 195.3M | 112.5M | |
Total Current Assets | 168.2M | 217.9M | 338.6M | 277.2M | 215.7M | 143.1M | |
Short Term Debt | 18.0M | 44.2M | 28.4M | 24.2M | 32.6M | 16.3M | |
Other Current Liab | 33.7M | 33.6M | 36.5M | 29.5M | 24.4M | 17.4M | |
Inventory | 47.8M | 51.4M | 83.1M | 81.6M | 67.5M | 70.9M | |
Other Current Assets | 9.7M | 11.8M | 29.1M | 7.9M | 6.4M | 6.3M | |
Current Deferred Revenue | 2.7M | 8.0M | 3.5M | 4.4M | 2.4M | 2.3M | |
Intangible Assets | 13.1M | 11.8M | 9.3M | 7.8M | 6.8M | 12.0M | |
Other Liab | 27.5M | 26.0M | 19.0M | 15.7M | 18.1M | 16.9M | |
Net Tangible Assets | 73.2M | 88.9M | 224.0M | 193.2M | 222.2M | 233.3M | |
Other Assets | (1K) | 13.8M | 23.3M | 28.5M | 32.7M | 34.4M | |
Long Term Debt | 34.3M | 43.9M | 44.0M | 32.2M | 31.0M | 26.3M | |
Good Will | 3.1M | 3.4M | 3.1M | 3.0M | 3.1M | 2.9M | |
Common Stock Total Equity | 1.1B | 1.1B | 1.1B | 1.1B | 1.3B | 1.3B | |
Long Term Investments | 10.6M | 14.0M | 3.8M | 4.6M | 5.4M | 8.0M | |
Short Long Term Debt | 13.0M | 38.9M | 23.7M | 20.8M | 29.3M | 30.7M | |
Accumulated Other Comprehensive Income | (23.9M) | (24.5M) | (33.5M) | (35.3M) | (21.2M) | (20.1M) | |
Common Stock | 1.1B | 1.1B | 1.2B | 1.2B | 1.2B | 683.6M | |
Property Plant Equipment | 76.4M | 85.5M | 93.3M | 86.4M | 99.3M | 104.3M | |
Property Plant And Equipment Gross | 76.4M | 85.5M | 93.3M | 86.4M | 192.7M | 202.3M |
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When running Westport Fuel's price analysis, check to 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 predict the probability of Westport Fuel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westport Fuel's price. Additionally, you may evaluate how the addition of Westport Fuel to your portfolios can decrease your overall portfolio volatility.