Whitecap Historical Balance Sheet

WCP Stock  CAD 9.68  0.10  1.02%   
Trend analysis of Whitecap Resources balance sheet accounts such as Total Assets of 11.6 B, Total Current Liabilities of 685.4 M, Total Stockholder Equity of 6.6 B or Net Debt of 1.7 B provides information on Whitecap Resources' total assets, liabilities, and equity, which is the actual value of Whitecap Resources to its prevalent stockholders. By breaking down trends over time using Whitecap Resources 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.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Whitecap Resources 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 Whitecap Resources is a good buy for the upcoming year.

Whitecap Resources Inventory

(12.67 Million)

  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Whitecap Resources. 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 Whitecap Balance Sheet Analysis

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

Whitecap Resources Balance Sheet Chart

At this time, Whitecap Resources' Cash And Short Term Investments are very stable compared to the past year. As of the 7th of February 2025, Net Receivables is likely to grow to about 483.2 M, though Cash is likely to grow to (38 M).

Total Assets

Total assets refers to the total amount of Whitecap Resources 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 Whitecap Resources 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 Whitecap Resources balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Whitecap Resources 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.

Accounts Payable

An accounting item on the balance sheet that represents Whitecap Resources obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Whitecap Resources are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most accounts from Whitecap Resources' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Whitecap Resources 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Whitecap Resources. 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, Whitecap Resources' Cash And Short Term Investments are very stable compared to the past year. As of the 7th of February 2025, Net Receivables is likely to grow to about 483.2 M, though Cash is likely to grow to (38 M).
 2022 2023 2024 2025 (projected)
Total Current Liabilities754.2M567.6M652.7M685.4M
Total Assets9.5B9.6B11.0B11.6B

Whitecap Resources balance sheet Correlations

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0.990.910.850.390.93-0.380.260.920.930.94-0.320.950.830.540.870.990.990.96-0.530.530.410.040.73-0.20.81
0.90.810.85-0.050.8-0.64-0.040.830.930.95-0.390.940.810.611.00.890.90.81-0.630.540.54-0.090.90.140.91
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0.940.990.930.80.37-0.420.110.990.920.91-0.240.930.920.460.810.950.940.99-0.390.590.5-0.090.61-0.020.76
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0.190.040.26-0.040.550.110.570.040.030.090.020.090.040.420.00.190.20.17-0.03-0.05-0.05-0.04-0.06-0.68-0.04
0.950.990.920.830.320.99-0.470.040.930.93-0.260.950.940.460.840.950.940.98-0.420.610.54-0.10.640.040.78
0.970.920.930.930.060.92-0.60.030.930.98-0.360.990.820.60.930.960.970.94-0.570.570.4-0.010.850.070.92
0.980.90.940.950.120.91-0.570.090.930.98-0.361.00.840.650.960.970.980.93-0.590.530.45-0.030.850.060.91
-0.34-0.26-0.32-0.390.1-0.240.270.02-0.26-0.36-0.36-0.35-0.26-0.23-0.39-0.33-0.34-0.280.51-0.21-0.19-0.01-0.4-0.04-0.38
0.980.930.950.940.150.93-0.560.090.950.991.0-0.350.870.620.950.980.980.95-0.570.560.47-0.030.820.060.9
0.860.940.830.810.350.92-0.350.040.940.820.84-0.260.870.430.820.850.840.87-0.390.70.8-0.130.560.10.69
0.580.410.540.61-0.020.46-0.270.420.460.60.65-0.230.620.430.620.560.590.5-0.40.120.22-0.10.580.140.56
0.920.820.871.0-0.010.81-0.620.00.840.930.96-0.390.950.820.620.90.910.82-0.630.550.55-0.080.890.110.91
1.00.930.990.890.310.95-0.460.190.950.960.97-0.330.980.850.560.91.00.97-0.540.540.420.010.77-0.120.85
1.00.920.990.90.280.94-0.470.20.940.970.98-0.340.980.840.590.911.00.96-0.560.530.410.020.79-0.10.86
0.970.970.960.810.360.99-0.420.170.980.940.93-0.280.950.870.50.820.970.96-0.450.560.41-0.050.66-0.090.79
-0.55-0.4-0.53-0.630.17-0.390.45-0.03-0.42-0.57-0.590.51-0.57-0.39-0.4-0.63-0.54-0.56-0.45-0.29-0.24-0.12-0.740.03-0.7
0.550.70.530.540.10.59-0.01-0.050.610.570.53-0.210.560.70.120.550.540.530.56-0.290.690.180.470.10.58
0.440.570.410.540.20.5-0.1-0.050.540.40.45-0.190.470.80.220.550.420.410.41-0.240.69-0.150.290.240.37
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0.780.630.730.9-0.270.61-0.65-0.060.640.850.85-0.40.820.560.580.890.770.790.66-0.740.470.290.120.120.97
-0.090.03-0.20.14-0.57-0.02-0.42-0.680.040.070.06-0.040.060.10.140.11-0.12-0.1-0.090.030.10.240.060.120.11
0.860.780.810.91-0.140.76-0.62-0.040.780.920.91-0.380.90.690.560.910.850.860.79-0.70.580.370.060.970.11
Click cells to compare fundamentals

Whitecap Resources Account Relationship Matchups

Whitecap Resources balance sheet Accounts

202020212022202320242025 (projected)
Total Assets3.4B6.9B9.5B9.6B11.0B11.6B
Total Current Liabilities165.5M539.6M754.2M567.6M652.7M685.4M
Total Stockholder Equity997.0M3.7B5.0B5.5B6.3B6.6B
Net Debt1.2B1.1B1.9B1.4B1.6B1.7B
Retained Earnings(2.9B)(1.2B)164.7M655.1M589.6M619.1M
Accounts Payable122.1M400.4M549.1M509M585.4M614.6M
Cash(71.6M)(29.7M)(29M)(44.5M)(40.1M)(38.0M)
Cash And Short Term Investments(71.6M)(29.7M)(29M)32.9M29.6M31.1M
Net Receivables116.0M304.8M480.2M400.2M460.2M483.2M
Common Stock Shares Outstanding408.4M603.1M621.1M608.6M699.9M734.9M
Liabilities And Stockholders Equity3.4B6.9B9.5B9.6B11.0B11.6B
Non Current Liabilities Total2.2B2.6B3.7B3.6B4.1B4.3B
Other Stockholder Equity13.0M11M12.2M16.9M19.4M18.5M
Total Liab2.4B3.1B4.5B4.1B4.7B5.0B
Total Current Assets150.6M327.9M972.4M511.5M588.2M617.6M
Short Term Investments30.2M10.5M22.7M32.9M37.8M39.7M
Short Long Term Debt Total1.2B1.1B1.9B1.4B1.6B1.7B
Property Plant And Equipment Net2.7B6.5B8.5B9.0B10.3B10.8B
Non Current Assets Total3.2B6.6B8.6B9.1B10.5B11.0B
Property Plant And Equipment Gross2.7B11.4B13.2B14.4B16.6B17.4B
Short Term Debt23.4M4.7M6.6M7.8M7.0M6.7M
Other Current Liab4.2M134.5M196.2M48.5M55.8M48.2M
Other Current Assets64.9M33.6M492.2M78.4M90.2M83.4M
Non Currrent Assets Other4.3M10.4M12.1M124.7M112.2M106.6M
Inventory71.6M1.029M(11.6M)(13.3M)(12.7M)
Common Stock3.9B5.0B4.9B4.8B5.5B3.7B
Other Liab966.3M1.1B1.5B1.9B2.1B1.1B
Net Tangible Assets2.8B997.0M3.7B5.0B5.8B3.1B
Long Term Debt1.1B1.1B1.8B1.4B1.6B1.2B
Property Plant Equipment5.1B2.7B6.5B8.5B9.8B5.2B
Other Assets884K504.1M79.2M12.1M10.9M10.3M
Long Term Debt Total1.2B1.2B1.1B1.9B2.1B1.3B
Capital Surpluse18.4M13.0M11.0M12.2M11.0M18.4M
Net Invested Capital2.1B4.8B6.9B6.8B7.9B5.3B

Pair Trading with Whitecap Resources

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 Whitecap Resources 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 Whitecap Resources will appreciate offsetting losses from the drop in the long position's value.

Moving against Whitecap Stock

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The ability to find closely correlated positions to Whitecap Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Whitecap Resources 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 Whitecap Resources - 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 Whitecap Resources to buy it.
The correlation of Whitecap Resources 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 Whitecap Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Whitecap Resources 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 Whitecap Resources 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 Whitecap Stock

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