Westshore Total Stockholder Equity vs Short Long Term Debt Total Analysis

WTE Stock  CAD 23.66  0.01  0.04%   
Westshore Terminals financial indicator trend analysis is more than just analyzing Westshore Terminals current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Westshore Terminals is a good investment. Please check the relationship between Westshore Terminals Total Stockholder Equity and its Short Long Term Debt Total accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westshore Terminals Investment. 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.

Total Stockholder Equity vs Short Long Term Debt Total

Total Stockholder Equity vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Westshore Terminals Total Stockholder Equity account and Short Long Term Debt Total. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Westshore Terminals' Total Stockholder Equity and Short Long Term Debt Total is 0.15. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Westshore Terminals Investment, assuming nothing else is changed. The correlation between historical values of Westshore Terminals' Total Stockholder Equity and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Westshore Terminals Investment are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Total Stockholder Equity i.e., Westshore Terminals' Total Stockholder Equity and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.15
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Short Long Term Debt Total

Most indicators from Westshore Terminals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Westshore Terminals 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 Westshore Terminals Investment. 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, Westshore Terminals' Sales General And Administrative To Revenue is very stable compared to the past year. As of the 22nd of November 2024, Enterprise Value Over EBITDA is likely to grow to 9.95, while Selling General Administrative is likely to drop about 12 M.
 2021 2022 2023 2024 (projected)
Gross Profit172.3M114.0M179.6M169.8M
Total Revenue340.5M292.0M381.0M304.8M

Westshore Terminals fundamental ratios Correlations

-0.070.420.750.260.430.810.990.130.81-0.7-0.040.680.820.40.310.50.290.130.680.00.87-0.180.910.820.92
-0.070.24-0.430.270.03-0.02-0.08-0.33-0.02-0.06-0.130.30.030.39-0.57-0.36-0.220.090.290.0-0.08-0.29-0.170.05-0.08
0.420.240.230.190.960.480.42-0.170.48-0.570.040.740.610.850.410.37-0.250.510.660.410.64-0.790.510.670.61
0.75-0.430.23-0.180.340.580.770.530.58-0.6-0.140.250.560.130.340.150.490.030.24-0.030.73-0.140.720.660.7
0.260.270.19-0.180.140.180.28-0.280.18-0.410.00.550.230.38-0.260.530.09-0.240.58-0.270.33-0.20.170.320.2
0.430.030.960.340.140.40.44-0.070.4-0.530.030.640.550.820.480.43-0.190.50.550.40.65-0.730.530.640.63
0.81-0.020.480.580.180.40.74-0.061.0-0.760.140.770.980.360.280.450.130.160.770.110.83-0.350.80.830.74
0.99-0.080.420.770.280.440.740.190.74-0.71-0.120.660.760.420.30.480.360.080.67-0.060.87-0.210.880.820.92
0.13-0.33-0.170.53-0.28-0.07-0.060.19-0.06-0.23-0.66-0.18-0.09-0.070.06-0.220.78-0.55-0.15-0.570.17-0.1-0.040.160.15
0.81-0.020.480.580.180.41.00.74-0.06-0.760.140.770.980.360.280.450.130.160.770.110.83-0.350.80.830.74
-0.7-0.06-0.57-0.6-0.41-0.53-0.76-0.71-0.23-0.760.29-0.83-0.8-0.61-0.07-0.34-0.480.19-0.840.26-0.920.69-0.57-0.95-0.73
-0.04-0.130.04-0.140.00.030.14-0.12-0.660.140.29-0.080.13-0.180.170.26-0.790.69-0.120.8-0.090.40.31-0.16-0.09
0.680.30.740.250.550.640.770.66-0.180.77-0.83-0.080.840.780.160.550.080.080.99-0.010.83-0.690.590.870.73
0.820.030.610.560.230.550.980.76-0.090.98-0.80.130.840.510.310.50.080.220.830.160.88-0.460.820.880.79
0.40.390.850.130.380.820.360.42-0.070.36-0.61-0.180.780.510.070.36-0.020.180.730.070.62-0.790.350.670.55
0.31-0.570.410.34-0.260.480.280.30.060.28-0.070.170.160.310.070.51-0.180.440.110.390.3-0.120.440.240.46
0.5-0.360.370.150.530.430.450.48-0.220.45-0.340.260.550.50.360.51-0.050.10.540.070.49-0.10.550.430.54
0.29-0.22-0.250.490.09-0.190.130.360.780.13-0.48-0.790.080.08-0.02-0.18-0.05-0.840.16-0.880.32-0.16-0.020.330.23
0.130.090.510.03-0.240.50.160.08-0.550.160.190.690.080.220.180.440.1-0.84-0.010.970.070.010.430.040.2
0.680.290.660.240.580.550.770.67-0.150.77-0.84-0.120.990.830.730.110.540.16-0.01-0.110.82-0.650.560.860.71
0.00.00.41-0.03-0.270.40.11-0.06-0.570.110.260.8-0.010.160.070.390.07-0.880.97-0.11-0.010.080.35-0.050.06
0.87-0.080.640.730.330.650.830.870.170.83-0.92-0.090.830.880.620.30.490.320.070.82-0.01-0.560.810.960.87
-0.18-0.29-0.79-0.14-0.2-0.73-0.35-0.21-0.1-0.350.690.4-0.69-0.46-0.79-0.12-0.1-0.160.01-0.650.08-0.56-0.11-0.64-0.38
0.91-0.170.510.720.170.530.80.88-0.040.8-0.570.310.590.820.350.440.55-0.020.430.560.350.81-0.110.730.87
0.820.050.670.660.320.640.830.820.160.83-0.95-0.160.870.880.670.240.430.330.040.86-0.050.96-0.640.730.88
0.92-0.080.610.70.20.630.740.920.150.74-0.73-0.090.730.790.550.460.540.230.20.710.060.87-0.380.870.88
Click cells to compare fundamentals

Westshore Terminals Account Relationship Matchups

Westshore Terminals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2B1.3B1.3B1.3B1.5B835.3M
Other Current Liab10.6M16.1M15.8M19.5M37.9M25.8M
Total Current Liabilities76.6M76.5M75.3M78.8M145.5M152.8M
Total Stockholder Equity709.8M740.6M788.5M712.7M729.6M610.1M
Net Debt156.7M84.6M39.8M124.5M113.1M118.8M
Accounts Payable56.2M44.7M44.6M45.1M103.1M108.2M
Cash131.9M201.4M243.5M156.0M164.7M173.0M
Non Current Assets Total1.0B1.0B1.0B1.1B1.3B725.7M
Non Currrent Assets Other866K(104.3M)(80.3M)37.3M28.3M26.9M
Cash And Short Term Investments131.9M201.4M243.5M156.0M164.7M173.0M
Common Stock Shares Outstanding69.2M66.7M64.7M63.3M62.5M56.6M
Liabilities And Stockholders Equity1.2B1.3B1.3B1.3B1.5B835.3M
Total Liab497.5M510.8M508.4M546.1M787.7M827.1M
Total Current Assets174.9M233.8M278.4M195.5M228.8M240.2M
Net Receivables24.6M11.6M15.2M19.4M41.8M43.9M
Other Current Assets2.3M2.6M1.9M2.5M3.7M2.5M
Short Long Term Debt Total288.6M286.0M283.3M280.6M277.9M235.2M
Retained Earnings(815.7M)(715.8M)(665.2M)(731.1M)(707.0M)(742.4M)
Common Stock Total Equity1.6B1.5B1.5B1.5B1.7B1.4B
Non Current Liabilities Total420.9M434.3M433.1M467.3M642.2M674.3M
Common Stock1.5B1.5B1.5B1.4B1.4B1.4B
Property Plant And Equipment Net666.0M652.0M632.7M651.6M758.2M796.1M
Inventory16.1M18.2M17.8M17.6M18.5M12.4M
Property Plant And Equipment Gross666.0M652.0M935.0M972.1M1.1B1.2B
Other Liab134.9M151.0M152.5M189.6M218.0M142.3M
Net Tangible Assets344.3M375.0M422.9M338.4M389.1M296.2M
Property Plant Equipment666.0M652.0M632.7M651.6M749.4M508.5M
Current Deferred Revenue7.1M13.0M12.2M11.4M1.5M1.4M
Short Term Debt2.6M2.7M2.7M2.8M3.0M4.2M
Long Term Debt Total286.0M283.3M280.6M277.7M319.4M222.6M
Cash And Equivalents131.9M201.4M243.5M156.0M179.4M148.0M
Net Invested Capital709.8M740.6M788.5M712.7M729.6M777.5M
Net Working Capital98.3M157.3M203.1M116.8M83.3M106.0M
Capital Stock1.5B1.5B1.5B1.4B1.4B1.2B

Pair Trading with Westshore Terminals

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 Westshore Terminals 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 Westshore Terminals will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Westshore Terminals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Westshore Terminals 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 Westshore Terminals - 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 Westshore Terminals Investment to buy it.
The correlation of Westshore Terminals 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 Westshore Terminals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Westshore Terminals 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 Westshore Terminals 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 Westshore Stock

Balance Sheet is a snapshot of the financial position of Westshore Terminals at a specified time, usually calculated after every quarter, six months, or one year. Westshore Terminals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Westshore Terminals 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 Westshore currently owns. An asset can also be divided into two categories, current and non-current.