WesBanco Other Non Cash Items vs Depreciation Analysis

WSBC Stock  USD 35.34  0.11  0.31%   
WesBanco financial indicator trend analysis is more than just analyzing WesBanco current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WesBanco is a good investment. Please check the relationship between WesBanco Other Non Cash Items and its Depreciation accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WesBanco. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade WesBanco Stock refer to our How to Trade WesBanco Stock guide.

Other Non Cash Items vs Depreciation

Other Non Cash Items vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WesBanco Other Non Cash Items account and Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between WesBanco's Other Non Cash Items and Depreciation is -0.05. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Depreciation in the same time period over historical financial statements of WesBanco, assuming nothing else is changed. The correlation between historical values of WesBanco's Other Non Cash Items and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of WesBanco are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Other Non Cash Items i.e., WesBanco's Other Non Cash Items and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.05
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Non Cash Items

Depreciation

Depreciation indicates how much of WesBanco value has been used up. For tax purposes WesBanco can deduct the cost of the tangible assets it purchases as business expenses. However, WesBanco must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from WesBanco's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WesBanco 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 WesBanco. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade WesBanco Stock refer to our How to Trade WesBanco Stock guide.At present, WesBanco's Tax Provision is projected to increase significantly based on the last few years of reporting. Issuance Of Capital Stock is expected to grow at the current pace this year, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.26.
 2021 2022 2023 2024 (projected)
Operating Income301.8M275.7M287.0M161.6M
Other Operating Expenses288.9M64.3M297.0M311.9M

WesBanco fundamental ratios Correlations

0.980.66-0.110.420.980.970.20.940.410.770.51-0.080.130.70.910.960.980.86-0.090.480.950.880.830.680.91
0.980.71-0.110.540.990.980.260.970.540.740.60.010.030.610.950.961.00.92-0.210.410.980.880.770.750.91
0.660.710.310.540.690.710.850.70.620.130.60.320.120.180.610.70.720.540.050.50.740.60.290.920.57
-0.11-0.110.310.34-0.19-0.190.470.020.05-0.340.350.77-0.03-0.51-0.11-0.26-0.09-0.130.4-0.06-0.11-0.27-0.450.21-0.21
0.420.540.540.340.460.470.320.640.860.320.950.76-0.61-0.280.680.40.560.67-0.5-0.150.630.290.10.620.34
0.980.990.69-0.190.460.990.230.930.50.760.55-0.090.050.670.920.990.980.88-0.180.470.980.90.830.730.91
0.970.980.71-0.190.470.990.270.930.540.720.55-0.080.030.640.910.980.980.87-0.210.490.970.880.810.740.9
0.20.260.850.470.320.230.270.290.45-0.410.320.390.22-0.180.150.260.270.090.190.390.290.2-0.180.720.14
0.940.970.70.020.640.930.930.290.570.680.660.150.00.50.950.880.980.95-0.230.30.960.80.640.740.88
0.410.540.620.050.860.50.540.450.570.230.820.51-0.56-0.230.640.50.550.6-0.590.110.640.360.160.720.39
0.770.740.13-0.340.320.760.72-0.410.680.230.44-0.17-0.210.650.770.720.730.77-0.270.120.720.670.850.230.73
0.510.60.60.350.950.550.550.320.660.820.440.73-0.61-0.150.690.490.610.66-0.320.00.680.360.230.650.43
-0.080.010.320.770.76-0.09-0.080.390.150.51-0.170.73-0.52-0.690.13-0.160.030.1-0.07-0.260.08-0.23-0.40.32-0.18
0.130.030.12-0.03-0.610.050.030.220.0-0.56-0.21-0.61-0.520.48-0.150.070.03-0.170.640.49-0.090.160.08-0.010.16
0.70.610.18-0.51-0.280.670.64-0.180.5-0.230.65-0.15-0.690.480.450.690.60.480.180.430.530.690.780.160.71
0.910.950.61-0.110.680.920.910.150.950.640.770.690.13-0.150.450.880.950.96-0.420.210.970.80.710.680.82
0.960.960.7-0.260.40.990.980.260.880.50.720.49-0.160.070.690.880.950.83-0.180.510.960.910.840.740.88
0.981.00.72-0.090.560.980.980.270.980.550.730.610.030.030.60.950.950.93-0.220.40.980.870.750.750.91
0.860.920.54-0.130.670.880.870.090.950.60.770.660.1-0.170.480.960.830.93-0.450.10.930.770.630.630.85
-0.09-0.210.050.4-0.5-0.18-0.210.19-0.23-0.59-0.27-0.32-0.070.640.18-0.42-0.18-0.22-0.450.46-0.3-0.14-0.11-0.1-0.09
0.480.410.5-0.06-0.150.470.490.390.30.110.120.0-0.260.490.430.210.510.40.10.460.350.420.430.480.49
0.950.980.74-0.110.630.980.970.290.960.640.720.680.08-0.090.530.970.960.980.93-0.30.350.860.730.790.86
0.880.880.6-0.270.290.90.880.20.80.360.670.36-0.230.160.690.80.910.870.77-0.140.420.860.850.630.82
0.830.770.29-0.450.10.830.81-0.180.640.160.850.23-0.40.080.780.710.840.750.63-0.110.430.730.850.350.72
0.680.750.920.210.620.730.740.720.740.720.230.650.32-0.010.160.680.740.750.63-0.10.480.790.630.350.56
0.910.910.57-0.210.340.910.90.140.880.390.730.43-0.180.160.710.820.880.910.85-0.090.490.860.820.720.56
Click cells to compare fundamentals

WesBanco Account Relationship Matchups

WesBanco fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding56.2M67.3M65.7M60.2M59.4M62.4M
Total Assets15.7B16.4B16.9B16.9B17.7B18.6B
Short Long Term Debt Total1.9B983.2M458.7M1.1B1.7B1.8B
Other Current Liab(290.4M)(246.3M)(143.8M)(483.9M)6.0B6.3B
Total Current Liabilities290.4M246.3M143.8M614.4M6.1B6.4B
Total Stockholder Equity2.6B2.8B2.7B2.4B2.5B2.7B
Property Plant And Equipment Net261.0M249.4M229.0M220.9M233.6M245.2M
Net Debt1.7B77.8M(792.7M)713.1M1.1B1.2B
Retained Earnings824.7M831.7M977.8M1.1B1.1B1.2B
Accounts Payable8.1M4.3M1.9M4.6M11.1M11.7M
Cash234.8M905.4M1.3B408.4M595.4M625.2M
Non Current Assets Total4.7B4.1B5.4B(899.6M)17.1B18.0B
Non Currrent Assets Other(4.7B)(4.1B)(5.4B)(6.1B)12.3B13.0B
Other Assets8.4B9.3B7.2B17.4B(77.4M)(73.6M)
Cash And Short Term Investments2.6B2.9B4.3B2.9B595.4M784.5M
Net Receivables43.6M66.8M60.8M68.5M77.4M81.3M
Liabilities And Stockholders Equity15.7B16.4B16.9B16.9B17.7B18.6B
Other Stockholder Equity1.6B1.6B1.4B1.3B1.3B1.4B
Total Liab13.1B13.7B14.2B14.5B15.2B15.9B
Property Plant And Equipment Gross261.0M249.4M437.3M433.6M451.6M474.2M
Total Current Assets2.7B3.0B4.3B476.9M672.8M639.2M
Short Term Debt282.4M242.0M141.9M135.1M105.9M142.2M
Common Stock Total Equity91.8M113.8M141.8M141.8M163.1M171.3M
Accumulated Other Comprehensive Income(103K)29.9M(6.8M)(264.2M)(228.7M)(217.3M)
Common Stock91.8M113.8M141.8M141.8M163.1M84.0M
Other Liab138.0M251.9M207.5M120.6M138.7M76.4M
Long Term Debt1.6B741.3M316.8M986.4M1.6B1.7B
Short Term Investments2.4B2.0B3.0B2.5B2.2B2.3B
Inventory(282.6M)(972.8M)(1.3B)1.5M81.1M85.1M
Treasury Stock(274K)(9.5M)(25.9M)(199.8M)(229.7M)(218.2M)
Property Plant Equipment261.0M249.4M229.0M220.9M254.0M266.7M
Non Current Liabilities Total1.6B741.3M316.8M13.9B15.1B15.8B
Other Current Assets282.6M972.8M1.3B(2.5B)674.3M640.6M
Intangible Assets80.4M66.3M54.9M44.6M35.5M33.7M
Good Will861.9M1.1B1.1B1.1B1.3B1.3B
Net Tangible Assets1.4B1.4B1.4B1.1B1.3B945.2M
Retained Earnings Total Equity737.6M824.7M831.7M977.8M1.1B694.3M
Capital Surpluse1.2B1.6B1.6B1.6B1.9B2.0B

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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 WesBanco offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WesBanco'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 Wesbanco Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wesbanco Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WesBanco. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade WesBanco Stock refer to our How to Trade WesBanco Stock guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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 WesBanco. If investors know WesBanco 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 WesBanco 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
(0.07)
Dividend Share
1.44
Earnings Share
2.09
Revenue Per Share
9.341
Quarterly Revenue Growth
0.026
The market value of WesBanco is measured differently than its book value, which is the value of WesBanco that is recorded on the company's balance sheet. Investors also form their own opinion of WesBanco's value that differs from its market value or its book value, called intrinsic value, which is WesBanco'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 WesBanco's market value can be influenced by many factors that don't directly affect WesBanco'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 WesBanco's value and its price as these two are different measures arrived at by different means. Investors typically determine if WesBanco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WesBanco'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.