Western Historical Balance Sheet

WDC Stock  USD 69.43  3.00  4.52%   
Trend analysis of Western Digital balance sheet accounts such as Total Assets of 25.4 B, Short Long Term Debt Total of 7.8 B, Other Current Liabilities of 2.1 B or Total Current Liabilities of 6.4 B provides information on Western Digital's total assets, liabilities, and equity, which is the actual value of Western Digital to its prevalent stockholders. By breaking down trends over time using Western Digital 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.
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Western Digital 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 Western Digital is a good buy for the upcoming year.

Western Digital Inventory

3.51 Billion

  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Digital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Western Stock refer to our How to Trade Western Stock guide.

About Western Balance Sheet Analysis

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

Western Digital Balance Sheet Chart

At present, Western Digital's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 2.1 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 202.2 M.

Total Assets

Total assets refers to the total amount of Western Digital 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 Western Digital 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 Western Digital balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Western Digital 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.
Most accounts from Western Digital's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Western Digital 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 Western Digital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Western Stock refer to our How to Trade Western Stock guide.At present, Western Digital's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 2.1 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 202.2 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total7.1B7.1B7.4B7.8B
Total Assets26.3B24.4B24.2B25.4B

Western Digital balance sheet Correlations

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0.910.480.640.660.260.910.530.560.910.360.540.220.50.820.590.60.550.870.690.520.780.370.10.85-0.4
0.760.480.760.870.720.480.70.170.720.440.160.790.770.420.790.850.780.580.560.20.050.50.520.66-0.74
0.810.640.760.840.790.580.670.360.770.330.350.60.640.50.680.880.720.720.590.720.310.430.630.63-0.73
0.910.660.870.840.790.570.910.430.840.420.420.740.860.620.790.870.690.760.770.330.310.650.410.76-0.85
0.570.260.720.790.790.120.760.360.460.160.350.790.730.250.470.690.460.430.60.290.090.710.450.33-0.89
0.830.910.480.580.570.120.290.150.920.570.130.190.440.80.750.660.740.860.420.470.520.160.230.9-0.24
0.760.530.70.670.910.760.290.660.630.20.660.640.780.480.510.650.330.580.860.20.370.720.160.53-0.86
0.480.560.170.360.430.360.150.660.33-0.281.00.130.290.34-0.110.11-0.180.350.790.290.820.56-0.230.2-0.47
0.980.910.720.770.840.460.920.630.330.570.310.470.720.840.860.820.790.930.660.440.50.440.310.95-0.57
0.490.360.440.330.420.160.570.2-0.280.57-0.290.20.530.570.80.570.560.580.160.05-0.190.10.140.67-0.31
0.470.540.160.350.420.350.130.661.00.31-0.290.120.270.32-0.120.1-0.20.330.780.290.810.55-0.230.18-0.46
0.540.220.790.60.740.790.190.640.130.470.20.120.720.170.560.670.610.320.51-0.03-0.060.740.420.41-0.74
0.760.50.770.640.860.730.440.780.290.720.530.270.720.650.750.710.580.680.780.040.160.760.210.75-0.71
0.810.820.420.50.620.250.80.480.340.840.570.320.170.650.670.520.470.950.650.280.540.37-0.130.89-0.35
0.80.590.790.680.790.470.750.51-0.110.860.8-0.120.560.750.670.870.890.780.40.24-0.010.30.440.87-0.54
0.820.60.850.880.870.690.660.650.110.820.570.10.670.710.520.870.850.710.50.520.10.380.620.75-0.69
0.720.550.780.720.690.460.740.33-0.180.790.56-0.20.610.580.470.890.850.640.240.360.00.210.690.75-0.44
0.910.870.580.720.760.430.860.580.350.930.580.330.320.680.950.780.710.640.650.470.510.380.140.91-0.52
0.780.690.560.590.770.60.420.860.790.660.160.780.510.780.650.40.50.240.650.20.640.81-0.10.64-0.65
0.430.520.20.720.330.290.470.20.290.440.050.29-0.030.040.280.240.520.360.470.20.39-0.130.520.3-0.2
0.560.780.050.310.310.090.520.370.820.5-0.190.81-0.060.160.54-0.010.10.00.510.640.390.36-0.240.4-0.19
0.560.370.50.430.650.710.160.720.560.440.10.550.740.760.370.30.380.210.380.81-0.130.36-0.070.39-0.71
0.280.10.520.630.410.450.230.16-0.230.310.14-0.230.420.21-0.130.440.620.690.14-0.10.52-0.24-0.070.18-0.34
0.910.850.660.630.760.330.90.530.20.950.670.180.410.750.890.870.750.750.910.640.30.40.390.18-0.41
-0.68-0.4-0.74-0.73-0.85-0.89-0.24-0.86-0.47-0.57-0.31-0.46-0.74-0.71-0.35-0.54-0.69-0.44-0.52-0.65-0.2-0.19-0.71-0.34-0.41
Click cells to compare fundamentals

Western Digital Account Relationship Matchups

Western Digital balance sheet Accounts

201920202021202220232024 (projected)
Total Assets25.7B26.1B26.3B24.4B24.2B25.4B
Short Long Term Debt Total9.6B8.7B7.1B7.1B7.4B7.8B
Other Current Liab1.8B2.0B2.3B1.6B2.0B2.1B
Total Current Liabilities4.4B4.9B4.6B5.4B6.1B6.4B
Total Stockholder Equity9.6B10.7B12.2B10.8B10.8B11.4B
Property Plant And Equipment Net2.9B3.2B3.7B3.6B3.5B3.7B
Net Debt6.5B5.4B4.7B5.0B5.6B5.8B
Retained Earnings6.7B7.5B9.0B7.4B6.8B7.1B
Cash3.0B3.4B2.3B2.0B1.9B1.9B
Non Current Assets Total16.6B16.4B16.8B16.5B16.1B16.9B
Non Currrent Assets Other2.8B2.7B1.5B2.8B1.5B1.6B
Cash And Short Term Investments3.0B3.4B2.3B2.0B1.9B1.9B
Net Receivables2.4B2.3B2.8B1.6B2.2B2.3B
Common Stock Shares Outstanding298M309M316M318M326M202.2M
Liabilities And Stockholders Equity25.7B26.1B26.3B24.4B24.2B25.4B
Non Current Liabilities Total11.7B10.5B9.5B18.1B7.1B3.6B
Inventory3.1B3.6B3.6B3.7B3.3B3.5B
Other Current Assets551M514M684M567M673M706.7M
Other Stockholder Equity3.0B3.4B3.7B2.9B4.5B4.7B
Total Liab16.1B15.4B14.0B23.6B13.1B13.8B
Total Current Assets9.0B9.8B9.5B7.9B8.1B4.2B
Short Term Debt286M251M40M1.2B1.8B1.9B
Intangible Assets941M442M213M80M78M74.1M
Accounts Payable2.4B2.3B2.2B1.6B1.7B1.2B
Property Plant And Equipment Gross3.1B3.2B3.7B3.6B12.0B12.6B
Accumulated Other Comprehensive Income(157M)(197M)(554M)(516M)(712M)(676.4M)
Good Will10.1B10.1B10.0B10.0B10.0B6.1B
Short Term Investments2M1.9B1.6B3M3.5M3.3M
Other Liab2.2B2.1B2.5B1.2B1.3B828.3M
Other Assets1.9B2.7B2.9B2.0B2.3B2.5B
Long Term Debt9.3B8.5B7.0B5.9B5.7B4.5B
Property Plant Equipment3.1B3.2B3.7B3.6B4.2B2.3B
Net Tangible Assets(1.5B)213M2.0B11.7B10.6B11.1B

Also Currently Popular

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 Western Digital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Western Digital'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 Western Digital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Western Digital Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Digital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Western Stock refer to our How to Trade Western Stock guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Technology Hardware, Storage & Peripherals 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 Western Digital. If investors know Western 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 Western Digital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.96)
Earnings Share
0.91
Revenue Per Share
43.315
Quarterly Revenue Growth
(0.41)
Return On Assets
0.0404
The market value of Western Digital is measured differently than its book value, which is the value of Western that is recorded on the company's balance sheet. Investors also form their own opinion of Western Digital's value that differs from its market value or its book value, called intrinsic value, which is Western Digital'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 Western Digital's market value can be influenced by many factors that don't directly affect Western Digital'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 Western Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western Digital'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.