West Capital Expenditures vs Depreciation Analysis

WTBA Stock  USD 23.99  0.02  0.08%   
West Bancorporation financial indicator trend analysis is more than just analyzing West Bancorporation current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether West Bancorporation is a good investment. Please check the relationship between West Bancorporation Capital Expenditures and its Depreciation accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in West Bancorporation. 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 West Stock refer to our How to Trade West Stock guide.

Capital Expenditures vs Depreciation

Capital Expenditures vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of West Bancorporation Capital Expenditures account and Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between West Bancorporation's Capital Expenditures and Depreciation is -0.18. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Depreciation in the same time period over historical financial statements of West Bancorporation, assuming nothing else is changed. The correlation between historical values of West Bancorporation's Capital Expenditures 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 Capital Expenditures of West Bancorporation 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 Capital Expenditures i.e., West Bancorporation's Capital Expenditures and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.18
Relationship DirectionNegative 
Relationship StrengthInsignificant

Capital Expenditures

Capital Expenditures are funds used by West Bancorporation to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of West Bancorporation operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Depreciation

Depreciation indicates how much of West Bancorporation value has been used up. For tax purposes West Bancorporation can deduct the cost of the tangible assets it purchases as business expenses. However, West Bancorporation 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 West Bancorporation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into West Bancorporation 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 West Bancorporation. 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 West Stock refer to our How to Trade West Stock guide.At present, West Bancorporation's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 692.1 M, whereas Selling General Administrative is forecasted to decline to about 19.4 M.
 2021 2022 2023 2024 (projected)
Total Revenue104.8M101.4M78.4M65.2M
Interest Expense12.2M31.6M91.3M95.8M

West Bancorporation fundamental ratios Correlations

0.930.92-0.17-0.190.250.60.60.660.660.60.99-0.130.61-0.310.830.92-0.160.520.670.90.56-0.160.770.310.56
0.930.78-0.29-0.370.060.480.520.650.550.490.93-0.130.62-0.430.830.77-0.090.30.550.910.44-0.090.710.390.39
0.920.78-0.21-0.20.40.650.650.540.670.610.92-0.090.39-0.230.770.89-0.20.640.680.780.57-0.20.770.090.59
-0.17-0.29-0.210.69-0.48-0.58-0.1-0.4-0.58-0.6-0.210.14-0.35-0.24-0.53-0.130.67-0.44-0.55-0.41-0.510.67-0.340.18-0.45
-0.19-0.37-0.20.69-0.15-0.19-0.14-0.02-0.12-0.21-0.260.040.080.19-0.390.040.040.01-0.09-0.26-0.020.04-0.060.20.05
0.250.060.4-0.48-0.150.710.370.110.720.670.31-0.020.180.460.420.39-0.680.850.710.350.59-0.680.15-0.380.75
0.60.480.65-0.58-0.190.710.320.710.940.950.60.010.640.390.690.66-0.810.920.930.610.96-0.810.72-0.10.91
0.60.520.65-0.1-0.140.370.320.120.360.250.620.010.2-0.440.670.59-0.010.390.380.580.19-0.010.350.040.33
0.660.650.54-0.4-0.020.110.710.120.750.70.58-0.020.890.190.660.66-0.620.530.750.640.83-0.620.90.350.68
0.660.550.67-0.58-0.120.720.940.360.750.930.65-0.110.730.370.750.74-0.830.921.00.710.94-0.830.720.010.95
0.60.490.61-0.6-0.210.670.950.250.70.930.61-0.290.680.340.660.66-0.780.880.930.640.91-0.780.66-0.010.9
0.990.930.92-0.21-0.260.310.60.620.580.650.61-0.170.55-0.320.830.9-0.140.530.670.90.53-0.140.70.250.55
-0.13-0.13-0.090.140.04-0.020.010.01-0.02-0.11-0.29-0.17-0.120.26-0.08-0.14-0.02-0.06-0.12-0.220.03-0.020.04-0.27-0.12
0.610.620.39-0.350.080.180.640.20.890.730.680.55-0.120.160.670.63-0.610.50.730.670.74-0.610.710.460.69
-0.31-0.43-0.23-0.240.190.460.39-0.440.190.370.34-0.320.260.16-0.22-0.07-0.690.430.33-0.30.5-0.690.01-0.50.39
0.830.830.77-0.53-0.390.420.690.670.660.750.660.83-0.080.67-0.220.72-0.430.60.770.90.62-0.430.680.340.69
0.920.770.89-0.130.040.390.660.590.660.740.660.9-0.140.63-0.070.72-0.310.650.740.820.66-0.310.780.130.66
-0.16-0.09-0.20.670.04-0.68-0.81-0.01-0.62-0.83-0.78-0.14-0.02-0.61-0.69-0.43-0.31-0.79-0.82-0.3-0.861.0-0.460.11-0.84
0.520.30.64-0.440.010.850.920.390.530.920.880.53-0.060.50.430.60.65-0.790.930.530.88-0.790.57-0.140.95
0.670.550.68-0.55-0.090.710.930.380.751.00.930.67-0.120.730.330.770.74-0.820.930.720.93-0.820.710.080.97
0.90.910.78-0.41-0.260.350.610.580.640.710.640.9-0.220.67-0.30.90.82-0.30.530.720.56-0.30.670.370.61
0.560.440.57-0.51-0.020.590.960.190.830.940.910.530.030.740.50.620.66-0.860.880.930.56-0.860.77-0.030.91
-0.16-0.09-0.20.670.04-0.68-0.81-0.01-0.62-0.83-0.78-0.14-0.02-0.61-0.69-0.43-0.311.0-0.79-0.82-0.3-0.86-0.460.11-0.84
0.770.710.77-0.34-0.060.150.720.350.90.720.660.70.040.710.010.680.78-0.460.570.710.670.77-0.460.180.62
0.310.390.090.180.2-0.38-0.10.040.350.01-0.010.25-0.270.46-0.50.340.130.11-0.140.080.37-0.030.110.180.13
0.560.390.59-0.450.050.750.910.330.680.950.90.55-0.120.690.390.690.66-0.840.950.970.610.91-0.840.620.13
Click cells to compare fundamentals

West Bancorporation Account Relationship Matchups

West Bancorporation fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.5B3.2B3.5B3.6B3.8B2.0B
Total Stockholder Equity211.8M223.7M260.3M211.1M225.0M162.0M
Other Assets1.6B2.2B1.9B2.8B2.4B1.6B
Common Stock Shares Outstanding16.5M16.5M16.8M16.8M16.8M13.8M
Liabilities And Stockholders Equity2.5B3.2B3.5B3.6B3.8B2.0B
Other Stockholder Equity27.3M28.8M30.2M32.0M34.2M25.1M
Total Liab222.7M217.0M197.0M3.4B3.6B3.8B
Short Long Term Debt Total226.8M226.5M201.3M330.9M442.4M464.5M
Other Current Liab726.4M1.3B1.3B3.1B1.0B986.6M
Total Current Liabilities909.8M1.4B1.4B200M1.5B1.6B
Property Plant And Equipment Net29.7M29.1M34.6M53.1M86.4M90.7M
Net Debt184.9M139.3M179.4M259.3M377.0M395.9M
Retained Earnings184.8M203.7M237.8M267.6M271.4M136.0M
Cash37.8M77.7M17.6M26.5M65.4M47.0M
Non Current Assets Total428.3M449.6M793.4M89.7M744.6M781.9M
Non Currrent Assets Other(428.3M)(449.6M)(793.4M)(664.1M)34.3M36.0M
Cash And Short Term Investments436.4M498.3M776.4M689.0M657.2M690.0M
Net Receivables7.1M11.2M8.9M12.0M13.6M7.6M
Non Current Liabilities Total222.7M217.0M197.0M3.2B3.6B3.8B
Property Plant And Equipment Gross29.7M29.1M46.0M65.1M99.4M104.4M
Total Current Assets443.5M509.5M785.3M701.0M670.7M546.9M
Accumulated Other Comprehensive Income(3.3M)(11.8M)(10.6M)(91.5M)(83.5M)(79.3M)
Short Term Debt183.4M184.5M129.3M200M471.1M494.7M
Other Liab5.7M21.7M38.7M24.0M27.6M29.0M
Accounts Payable21.7M38.7M3.0B35.8M32.3M30.6M
Long Term Debt43.4M42.0M197.0M285.9M442.4M464.5M
Short Term Investments398.6M420.6M758.8M664.1M623.9M655.1M
Inventory(60.4M)(407.7M)(201.7M)(38.5M)(670.7M)(637.2M)
Property Plant Equipment29.7M29.1M34.6M53.1M61.1M64.1M
Other Current Assets60.4M407.7M201.7M38.5M78.9M75.0M
Net Tangible Assets211.8M223.7M260.3M211.1M242.8M193.9M
Retained Earnings Total Equity184.8M203.7M237.8M267.6M307.7M173.7M
Long Term Debt Total43.4M42.0M72.0M130.9M150.5M158.0M
Capital Surpluse27.3M28.8M30.2M32.0M36.8M28.7M
Long Term Investments1.9B2.3B758.8M664.1M623.9M592.7M
Non Current Liabilities Other179.4M175M125M155M178.3M134.5M
Net Invested Capital434.5M440.7M197.0M285.9M667.4M424.2M

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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 West Bancorporation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of West Bancorporation'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 West Bancorporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on West Bancorporation Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in West Bancorporation. 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 West Stock refer to our How to Trade West Stock guide.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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 West Bancorporation. If investors know West 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 West Bancorporation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share
1
Earnings Share
1.27
Revenue Per Share
4.613
Quarterly Revenue Growth
0.055
Return On Assets
0.0056
The market value of West Bancorporation is measured differently than its book value, which is the value of West that is recorded on the company's balance sheet. Investors also form their own opinion of West Bancorporation's value that differs from its market value or its book value, called intrinsic value, which is West Bancorporation'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 West Bancorporation's market value can be influenced by many factors that don't directly affect West Bancorporation'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 West Bancorporation's value and its price as these two are different measures arrived at by different means. Investors typically determine if West Bancorporation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, West Bancorporation'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.