Canadian Historical Balance Sheet

CWB Stock

CAD 59.91 0.25 0.42%

Trend analysis of Canadian Western Bank balance sheet accounts such as Short Long Term Debt Total of 8.8 B, Total Current Liabilities of 890.8 M or Total Stockholder Equity of 4.9 B provides information on Canadian Western's total assets, liabilities, and equity, which is the actual value of Canadian Western Bank to its prevalent stockholders. By breaking down trends over time using Canadian Western balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Covid

Financial Statement Analysis is much more than just reviewing and examining Canadian Western Bank latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Canadian Western Bank is a good buy for the upcoming year.

Canadian Western Inventory

(488.8 Million)

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Western Bank. 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.

About Canadian Balance Sheet Analysis

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

Canadian Western Balance Sheet Chart

At this time, Canadian Western's Retained Earnings are very stable compared to the past year. As of the 22nd of November 2024, Accounts Payable is likely to grow to about 890.8 M, though Other Current Liabilities is likely to grow to (828.4 M).

Total Assets Short Long Term Debt Total Total Current Liabilities Total Stockholder Equity

Add Fundamental

Total Assets

Total assets refers to the total amount of Canadian Western assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Canadian Western Bank books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Canadian Western balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Canadian Western Bank are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

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.

Most accounts from Canadian Western's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Canadian Western Bank current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Western Bank. 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.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	8.1B	7.3B	8.4B	8.8B
Total Assets	41.4B	42.3B	48.7B	51.1B

Short Long Term Debt Total Total Assets

Canadian Western balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Other Assets	Good Will	Short Term Investments	Intangible Assets
Total Assets		0.94	-0.84	0.98	1.0	0.9	0.9	1.0	0.98	-0.1	0.93	0.52	0.75	0.94	0.77	0.78	-0.77	-0.08	0.82	1.0	0.88	0.59	1.0	0.96	0.69	0.97
Short Long Term Debt Total	0.94		-0.82	0.95	0.94	0.89	0.99	0.94	0.95	-0.26	0.86	0.76	0.67	0.89	0.59	0.85	-0.89	0.19	0.9	0.94	0.9	0.61	0.93	0.94	0.69	0.94
Other Current Liab	-0.84	-0.82		-0.88	-0.86	-0.74	-0.81	-0.86	-0.88	0.13	-0.68	-0.59	-0.61	-0.72	-0.63	-0.94	0.82	-0.11	-0.69	-0.84	-0.72	-0.51	-0.85	-0.82	-0.59	-0.85
Total Current Liabilities	0.98	0.95	-0.88		0.98	0.9	0.93	0.99	1.0	-0.2	0.89	0.63	0.78	0.95	0.69	0.84	-0.83	0.09	0.85	0.98	0.89	0.68	0.97	0.95	0.77	0.96
Total Stockholder Equity	1.0	0.94	-0.86	0.98		0.91	0.91	1.0	0.98	-0.09	0.91	0.56	0.74	0.93	0.75	0.81	-0.79	-0.04	0.83	1.0	0.88	0.6	0.99	0.98	0.7	0.98
Property Plant And Equipment Net	0.9	0.89	-0.74	0.9	0.91		0.9	0.89	0.9	-0.27	0.93	0.59	0.77	0.88	0.62	0.77	-0.76	0.03	0.91	0.9	0.94	0.67	0.88	0.92	0.77	0.85
Net Debt	0.9	0.99	-0.81	0.93	0.91	0.9		0.91	0.93	-0.38	0.85	0.81	0.66	0.88	0.54	0.86	-0.91	0.26	0.92	0.9	0.91	0.63	0.89	0.92	0.71	0.9
Retained Earnings	1.0	0.94	-0.86	0.99	1.0	0.89	0.91		0.99	-0.11	0.91	0.55	0.74	0.94	0.74	0.8	-0.78	-0.03	0.83	1.0	0.88	0.6	0.99	0.96	0.7	0.98
Accounts Payable	0.98	0.95	-0.88	1.0	0.98	0.9	0.93	0.99		-0.2	0.89	0.63	0.78	0.95	0.69	0.84	-0.83	0.09	0.85	0.98	0.89	0.68	0.97	0.95	0.77	0.96
Cash	-0.1	-0.26	0.13	-0.2	-0.09	-0.27	-0.38	-0.11	-0.2		-0.22	-0.44	0.0	-0.27	0.14	-0.22	0.25	-0.47	-0.42	-0.1	-0.36	-0.19	-0.07	-0.13	-0.27	-0.07
Non Current Assets Total	0.93	0.86	-0.68	0.89	0.91	0.93	0.85	0.91	0.89	-0.22		0.42	0.76	0.92	0.71	0.66	-0.64	-0.15	0.85	0.93	0.93	0.61	0.9	0.87	0.74	0.85
Non Currrent Assets Other	0.52	0.76	-0.59	0.63	0.56	0.59	0.81	0.55	0.63	-0.44	0.42		0.42	0.55	0.06	0.75	-0.85	0.72	0.76	0.52	0.65	0.59	0.5	0.62	0.55	0.6
Cash And Short Term Investments	0.75	0.67	-0.61	0.78	0.74	0.77	0.66	0.74	0.78	0.0	0.76	0.42		0.81	0.53	0.58	-0.63	0.04	0.65	0.75	0.76	0.92	0.69	0.67	0.96	0.65
Net Receivables	0.94	0.89	-0.72	0.95	0.93	0.88	0.88	0.94	0.95	-0.27	0.92	0.55	0.81		0.64	0.66	-0.69	0.07	0.86	0.94	0.92	0.74	0.91	0.9	0.82	0.89
Common Stock Shares Outstanding	0.77	0.59	-0.63	0.69	0.75	0.62	0.54	0.74	0.69	0.14	0.71	0.06	0.53	0.64		0.45	-0.47	-0.56	0.39	0.77	0.51	0.22	0.78	0.69	0.38	0.71
Non Current Liabilities Total	0.78	0.85	-0.94	0.84	0.81	0.77	0.86	0.8	0.84	-0.22	0.66	0.75	0.58	0.66	0.45		-0.86	0.31	0.78	0.78	0.76	0.55	0.78	0.81	0.61	0.81
Inventory	-0.77	-0.89	0.82	-0.83	-0.79	-0.76	-0.91	-0.78	-0.83	0.25	-0.64	-0.85	-0.63	-0.69	-0.47	-0.86		-0.35	-0.73	-0.77	-0.7	-0.6	-0.76	-0.79	-0.65	-0.79
Other Current Assets	-0.08	0.19	-0.11	0.09	-0.04	0.03	0.26	-0.03	0.09	-0.47	-0.15	0.72	0.04	0.07	-0.56	0.31	-0.35		0.32	-0.08	0.16	0.4	-0.11	0.03	0.26	0.02
Other Stockholder Equity	0.82	0.9	-0.69	0.85	0.83	0.91	0.92	0.83	0.85	-0.42	0.85	0.76	0.65	0.86	0.39	0.78	-0.73	0.32		0.82	0.97	0.69	0.79	0.86	0.73	0.81
Total Liab	1.0	0.94	-0.84	0.98	1.0	0.9	0.9	1.0	0.98	-0.1	0.93	0.52	0.75	0.94	0.77	0.78	-0.77	-0.08	0.82		0.88	0.59	1.0	0.96	0.69	0.97
Property Plant And Equipment Gross	0.88	0.9	-0.72	0.89	0.88	0.94	0.91	0.88	0.89	-0.36	0.93	0.65	0.76	0.92	0.51	0.76	-0.7	0.16	0.97	0.88		0.73	0.84	0.87	0.8	0.83
Total Current Assets	0.59	0.61	-0.51	0.68	0.6	0.67	0.63	0.6	0.68	-0.19	0.61	0.59	0.92	0.74	0.22	0.55	-0.6	0.4	0.69	0.59	0.73		0.53	0.56	0.97	0.53
Other Assets	1.0	0.93	-0.85	0.97	0.99	0.88	0.89	0.99	0.97	-0.07	0.9	0.5	0.69	0.91	0.78	0.78	-0.76	-0.11	0.79	1.0	0.84	0.53		0.96	0.63	0.98
Good Will	0.96	0.94	-0.82	0.95	0.98	0.92	0.92	0.96	0.95	-0.13	0.87	0.62	0.67	0.9	0.69	0.81	-0.79	0.03	0.86	0.96	0.87	0.56	0.96		0.64	0.98
Short Term Investments	0.69	0.69	-0.59	0.77	0.7	0.77	0.71	0.7	0.77	-0.27	0.74	0.55	0.96	0.82	0.38	0.61	-0.65	0.26	0.73	0.69	0.8	0.97	0.63	0.64		0.6
Intangible Assets	0.97	0.94	-0.85	0.96	0.98	0.85	0.9	0.98	0.96	-0.07	0.85	0.6	0.65	0.89	0.71	0.81	-0.79	0.02	0.81	0.97	0.83	0.53	0.98	0.98	0.6

Click cells to compare fundamentals

Canadian Western Account Relationship Matchups

Canadian Western balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	33.9B	37.3B	41.4B	42.3B	48.7B	51.1B
Short Long Term Debt Total	6.1B	7.4B	8.1B	7.3B	8.4B	8.8B
Other Current Liab	(628.9M)	(715.6M)	(250.8M)	(968.8M)	(872.0M)	(828.4M)
Total Current Liabilities	527.6M	556.1M	635.7M	737.7M	848.4M	890.8M
Total Stockholder Equity	3.3B	3.5B	3.7B	4.0B	4.6B	4.9B
Property Plant And Equipment Net	139.3M	130.7M	153.0M	152.4M	175.2M	184.0M
Net Debt	5.7B	7.3B	7.9B	7.1B	8.2B	8.6B
Retained Earnings	1.9B	2.1B	2.3B	2.5B	2.9B	3.0B
Accounts Payable	527.6M	556.1M	635.7M	737.7M	848.4M	890.8M
Cash	368.3M	128.5M	116.0M	215.8M	248.2M	330.8M
Non Current Assets Total	2.7B	4.1B	5.0B	4.4B	5.1B	5.4B
Non Currrent Assets Other	(49.6M)	(50.8M)	(42.2M)	(41.5M)	(37.3M)	(39.2M)
Cash And Short Term Investments	1.2B	299.8M	2.2B	2.6B	3.0B	3.2B
Net Receivables	151.9M	189.2M	356.6M	317.3M	364.9M	383.2M
Common Stock Shares Outstanding	87.2M	87.8M	91.5M	96.1M	110.5M	79.3M
Liabilities And Stockholders Equity	33.9B	37.3B	41.4B	42.3B	48.7B	51.1B
Non Current Liabilities Total	6.1B	7.4B	635.7M	7.3B	8.4B	8.9B
Inventory	(582.7M)	(348.4M)	(417.4M)	(571.7M)	(514.5M)	(488.8M)
Other Current Assets	582.7M	348.4M	417.4M	571.7M	514.5M	746.3M
Other Stockholder Equity	200.7M	351.0M	352.5M	353.9M	407.0M	427.4M
Total Liab	30.6B	33.8B	37.7B	38.3B	44.0B	46.2B
Property Plant And Equipment Gross	139.3M	301.6M	340.3M	351.1M	403.7M	423.9M
Total Current Assets	1.3B	489.0M	2.6B	3.0B	3.4B	3.6B
Other Assets	30.0B	32.8B	33.8B	34.9B	40.2B	42.2B
Accumulated Other Comprehensive Income	102.2M	2.6M	(142.7M)	(101.0M)	(90.9M)	(86.3M)
Good Will	85.2M	85.4M	138.3M	138.7M	159.5M	167.5M
Short Term Investments	792.8M	171.4M	2.1B	2.4B	2.8B	2.9B
Intangible Assets	220.7M	227.8M	223.9M	241.2M	277.4M	291.2M
Common Stock	730.8M	809.4M	956.1M	1.0B	1.2B	615.5M
Other Liab	24.8M	28.0M	26.1M	43.0M	38.7M	52.4M
Net Tangible Assets	2.3B	2.6B	2.9B	3.1B	3.6B	2.4B
Long Term Debt	2.4B	3.0B	3.5B	7.2B	8.3B	8.7B
Deferred Long Term Liab	7.0M	8.5M	13.9M	13.6M	15.6M	8.6M
Long Term Investments	2.7B	3.6B	4.5B	3.9B	4.5B	3.0B
Short Term Debt	625.3M	710.7M	247.4M	966.2M	869.6M	618.0M
Property Plant Equipment	63.2M	139.3M	130.7M	153.0M	176.0M	96.1M
Long Term Debt Total	2.4B	2.5B	3.1B	3.6B	4.1B	2.4B
Earning Assets	2.2B	2.4B	3.1B	3.7B	4.2B	3.1B

Pair Trading with Canadian Western

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 Canadian Western 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 Canadian Western will appreciate offsetting losses from the drop in the long position's value.

Moving together with Canadian Stock

0.66	JPM	JPMorgan Chase	Pair Corr
0.82	BOFA	Bank of America	Pair Corr
0.8	RY-PM	Royal Bank	Pair Corr
0.75	RY-PS	Royal Bank	Pair Corr

The ability to find closely correlated positions to Canadian Western could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canadian Western 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 Canadian Western - 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 Canadian Western Bank to buy it.

The correlation of Canadian Western 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 Canadian Western moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian Western Bank 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 Canadian Western 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 Correlation Correlation Matching

Other Information on Investing in Canadian Stock

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Canadian Historical Balance Sheet

Canadian Western Inventory

(488.8 Million)

About Canadian Balance Sheet Analysis

Canadian Western Balance Sheet Chart

Total Assets

Total Current Liabilities

Total Stockholder Equity

Canadian Western balance sheet Correlations

Canadian Western Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Canadian Western balance sheet Accounts

Pair Trading with Canadian Western

Moving together with Canadian Stock

Other Information on Investing in Canadian Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Other Assets	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Current Liabilities
Retained Earnings	+ 1.0	Total Stockholder Equity

Non Current Liabilities Total	- 0.94	Other Current Liab
Inventory	- 0.91	Net Debt
Inventory	- 0.89	Short Long Term Debt Total
Accounts Payable	- 0.88	Other Current Liab
Total Current Liabilities	- 0.88	Other Current Liab
Inventory	- 0.86	Non Current Liabilities Total