WU Stock | | | USD 10.72 0.03 0.28% |
Western Union financial indicator trend analysis is more than just analyzing Western Union current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Western Union is a good investment. Please check the relationship between Western Union Property Plant Equipment and its Cash accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Union Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
Property Plant Equipment vs Cash
Property Plant Equipment vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Western Union Property Plant Equipment account and
Cash. At this time, the significance of the direction appears to have very week relationship.
The correlation between Western Union's Property Plant Equipment and Cash is 0.26. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Cash in the same time period over historical financial statements of Western Union Co, assuming nothing else is changed. The correlation between historical values of Western Union's Property Plant Equipment and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Western Union Co are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Property Plant Equipment i.e., Western Union's Property Plant Equipment and Cash go up and down completely randomly.
Correlation Coefficient | 0.26 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Property Plant Equipment
Cash
Cash refers to the most liquid asset of Western Union, which is listed under current asset account on Western Union Co balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Western Union customers. The amounts must be unrestricted with restricted cash listed in a different Western Union account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Western Union's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Western Union 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 Western Union Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
At this time, Western Union's
Selling General Administrative is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 9.42 in 2024, whereas
Tax Provision is likely to drop slightly above 66.3
M in 2024.
Western Union fundamental ratios Correlations
Click cells to compare fundamentals
Western Union Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Western Union fundamental ratios Accounts
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Additional Tools for Western Stock Analysis
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measure Western Union'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 Western Union is operating at the current time. Most of Western Union's value examination focuses on studying past and present price action to
predict the probability of Western Union's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Union's price. Additionally, you may evaluate how the addition of Western Union to your portfolios can decrease your overall portfolio volatility.