Western Historical Balance Sheet

WRN Stock

CAD 1.58 0.01 0.64%

Trend analysis of Western Copper and balance sheet accounts such as Total Assets of 74.1 M, Total Stockholder Equity of 146.4 M, Property Plant And Equipment Net of 116.1 M or Non Currrent Assets Other of 58.4 M provides information on Western Copper's total assets, liabilities, and equity, which is the actual value of Western Copper to its prevalent stockholders. By breaking down trends over time using Western Copper 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

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Financial Statement Analysis is much more than just reviewing and examining Western Copper 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 Copper is a good buy for the upcoming year.

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

Balance Sheet is a snapshot of the financial position of Western Copper at a specified time, usually calculated after every quarter, six months, or one year. Western Copper Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Western Copper 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 Copper Balance Sheet Chart

At this time, Western Copper's Cash is very stable compared to the past year. As of the 22nd of November 2024, Short Term Investments is likely to grow to about 8.9 M, while Total Assets are likely to drop about 74.1 M.

Total Assets Total Stockholder Equity Property Plant And Equipment Net Common Stock Shares Outstanding

Total Assets

Total assets refers to the total amount of Western Copper 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 Copper 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 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.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Most accounts from Western Copper's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Western Copper 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 Copper and. 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)
Total Stockholder Equity	112.1M	109.7M	139.4M	146.4M
Total Assets	115.5M	114.4M	143.9M	74.1M

Total Stockholder Equity Total Assets

Western Copper balance sheet Correlations

	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Retained Earnings	Non Currrent Assets Other	Other Assets	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Liabilities	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Total Current Assets	Other Current Liab	Common Stock Total Equity	Common Stock	Net Tangible Assets	Property Plant Equipment
Total Assets		0.88	0.81	-0.73	0.72	0.5	0.98	0.02	0.9	0.81	0.8	-0.53	0.14	0.53	0.83	0.42	-0.54	-0.16	-0.46	0.83	0.44	-0.03	0.92	0.95	0.94	0.91
Total Stockholder Equity	0.88		0.95	-0.72	0.79	0.38	0.82	0.04	0.89	0.95	0.91	-0.59	0.02	0.61	0.75	0.36	-0.59	-0.17	-0.43	0.92	0.38	-0.04	0.8	0.86	0.82	0.8
Property Plant And Equipment Net	0.81	0.95		-0.71	0.81	0.44	0.77	0.09	0.83	1.0	0.87	-0.36	0.08	0.39	0.81	0.14	-0.57	-0.26	-0.4	0.87	0.16	-0.03	0.75	0.82	0.74	0.82
Retained Earnings	-0.73	-0.72	-0.71		-0.62	-0.64	-0.8	-0.04	-0.56	-0.71	-0.48	0.31	-0.06	-0.32	-0.41	0.16	0.93	0.65	0.9	-0.56	0.15	0.66	-0.54	-0.54	-0.48	-0.6
Non Currrent Assets Other	0.72	0.79	0.81	-0.62		0.51	0.72	-0.11	0.62	0.81	0.64	-0.44	-0.03	0.46	0.72	0.21	-0.4	-0.3	-0.28	0.68	0.22	-0.01	0.79	0.78	0.71	0.77
Other Assets	0.5	0.38	0.44	-0.64	0.51		0.6	-0.45	0.28	0.44	0.18	0.05	0.22	-0.05	0.45	-0.17	-0.43	-0.48	-0.44	0.26	-0.16	-0.32	0.51	0.47	0.41	0.58
Common Stock Shares Outstanding	0.98	0.82	0.77	-0.8	0.72	0.6		-0.01	0.85	0.77	0.72	-0.41	0.22	0.41	0.79	0.28	-0.59	-0.23	-0.55	0.76	0.29	-0.15	0.88	0.9	0.88	0.91
Other Stockholder Equity	0.02	0.04	0.09	-0.04	-0.11	-0.45	-0.01		0.03	0.09	0.02	0.14	-0.17	-0.14	0.0	-0.23	-0.2	-0.17	-0.21	0.06	-0.22	-0.19	-0.11	-0.09	-0.06	-0.14
Total Liab	0.9	0.89	0.83	-0.56	0.62	0.28	0.85	0.03		0.83	0.96	-0.47	0.33	0.49	0.8	0.5	-0.41	0.15	-0.29	0.94	0.52	0.18	0.79	0.89	0.89	0.84
Property Plant And Equipment Gross	0.81	0.95	1.0	-0.71	0.81	0.44	0.77	0.09	0.83		0.87	-0.36	0.08	0.39	0.81	0.14	-0.57	-0.26	-0.4	0.87	0.16	-0.03	0.75	0.82	0.74	0.82
Total Current Liabilities	0.8	0.91	0.87	-0.48	0.64	0.18	0.72	0.02	0.96	0.87		-0.49	0.26	0.51	0.76	0.5	-0.35	0.19	-0.18	0.96	0.51	0.26	0.71	0.83	0.81	0.77
Net Debt	-0.53	-0.59	-0.36	0.31	-0.44	0.05	-0.41	0.14	-0.47	-0.36	-0.49		0.44	-1.0	-0.23	-0.72	0.28	0.02	0.18	-0.46	-0.72	-0.03	-0.53	-0.51	-0.52	-0.31
Accounts Payable	0.14	0.02	0.08	-0.06	-0.03	0.22	0.22	-0.17	0.33	0.08	0.26	0.44		-0.44	0.22	-0.05	0.07	0.4	0.02	0.31	-0.04	0.19	0.09	0.14	0.18	0.26
Cash	0.53	0.61	0.39	-0.32	0.46	-0.05	0.41	-0.14	0.49	0.39	0.51	-1.0	-0.44		0.24	0.71	-0.29	-0.01	-0.18	0.48	0.71	0.03	0.53	0.52	0.53	0.32
Non Current Assets Total	0.83	0.75	0.81	-0.41	0.72	0.45	0.79	0.0	0.8	0.81	0.76	-0.23	0.22	0.24		0.33	-0.15	0.01	-0.03	0.75	0.34	0.35	0.89	0.93	0.9	0.96
Cash And Short Term Investments	0.42	0.36	0.14	0.16	0.21	-0.17	0.28	-0.23	0.5	0.14	0.5	-0.72	-0.05	0.71	0.33		0.28	0.61	0.35	0.44	1.0	0.6	0.51	0.53	0.61	0.31
Net Receivables	-0.54	-0.59	-0.57	0.93	-0.4	-0.43	-0.59	-0.2	-0.41	-0.57	-0.35	0.28	0.07	-0.29	-0.15	0.28		0.7	0.97	-0.43	0.27	0.81	-0.27	-0.28	-0.23	-0.32
Short Term Investments	-0.16	-0.17	-0.26	0.65	-0.3	-0.48	-0.23	-0.17	0.15	-0.26	0.19	0.02	0.4	-0.01	0.01	0.61	0.7		0.72	0.1	0.61	0.81	-0.09	0.01	0.11	-0.09
Non Current Liabilities Total	-0.46	-0.43	-0.4	0.9	-0.28	-0.44	-0.55	-0.21	-0.29	-0.4	-0.18	0.18	0.02	-0.18	-0.03	0.35	0.97	0.72		-0.29	0.34	0.89	-0.19	-0.18	-0.14	-0.23
Other Current Assets	0.83	0.92	0.87	-0.56	0.68	0.26	0.76	0.06	0.94	0.87	0.96	-0.46	0.31	0.48	0.75	0.44	-0.43	0.1	-0.29		0.45	0.14	0.75	0.82	0.81	0.77
Total Current Assets	0.44	0.38	0.16	0.15	0.22	-0.16	0.29	-0.22	0.52	0.16	0.51	-0.72	-0.04	0.71	0.34	1.0	0.27	0.61	0.34	0.45		0.6	0.52	0.55	0.63	0.32
Other Current Liab	-0.03	-0.04	-0.03	0.66	-0.01	-0.32	-0.15	-0.19	0.18	-0.03	0.26	-0.03	0.19	0.03	0.35	0.6	0.81	0.81	0.89	0.14	0.6		0.19	0.24	0.29	0.17
Common Stock Total Equity	0.92	0.8	0.75	-0.54	0.79	0.51	0.88	-0.11	0.79	0.75	0.71	-0.53	0.09	0.53	0.89	0.51	-0.27	-0.09	-0.19	0.75	0.52	0.19		0.97	0.96	0.93
Common Stock	0.95	0.86	0.82	-0.54	0.78	0.47	0.9	-0.09	0.89	0.82	0.83	-0.51	0.14	0.52	0.93	0.53	-0.28	0.01	-0.18	0.82	0.55	0.24	0.97		0.99	0.96
Net Tangible Assets	0.94	0.82	0.74	-0.48	0.71	0.41	0.88	-0.06	0.89	0.74	0.81	-0.52	0.18	0.53	0.9	0.61	-0.23	0.11	-0.14	0.81	0.63	0.29	0.96	0.99		0.92
Property Plant Equipment	0.91	0.8	0.82	-0.6	0.77	0.58	0.91	-0.14	0.84	0.82	0.77	-0.31	0.26	0.32	0.96	0.31	-0.32	-0.09	-0.23	0.77	0.32	0.17	0.93	0.96	0.92

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Western Copper Account Relationship Matchups

Western Copper balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	50.5M	83.8M	115.5M	114.4M	143.9M	74.1M
Total Stockholder Equity	50.0M	82.6M	112.1M	109.7M	139.4M	146.4M
Property Plant And Equipment Net	48.4M	53.7M	66.8M	89.8M	110.6M	116.1M
Retained Earnings	(100.9M)	(102.9M)	(106.6M)	(111.6M)	(114.9M)	(109.2M)
Common Stock Shares Outstanding	104.2M	114.9M	144.3M	151.5M	159.8M	103.7M
Liabilities And Stockholders Equity	50.5M	83.8M	115.5M	114.4M	143.9M	74.1M
Other Stockholder Equity	33.9M	34.6M	35.5M	37.8M	38.1M	44.8M
Total Liab	462.6K	1.2M	3.4M	4.6M	4.5M	3.3M
Property Plant And Equipment Gross	48.4M	53.7M	66.8M	89.8M	110.6M	116.1M
Total Current Liabilities	462.6K	1.2M	3.2M	4.5M	4.5M	4.7M
Net Debt	(1.6M)	(28.6M)	(30.3M)	(923.3K)	(25.8M)	(24.5M)
Accounts Payable	372.79	1.2K	2.2K	4.2M	4.3K	4.1K
Cash	1.6M	28.6M	30.7M	1.3M	26.0M	27.3M
Non Current Assets Total	48.4M	53.7M	66.8M	89.8M	110.6M	59.6M
Cash And Short Term Investments	1.8M	29.4M	47.9M	23.1M	32.1M	21.7M
Short Term Investments	160.5K	737.0K	17.2M	21.8M	6.1M	8.9M
Other Current Assets	281.5K	677.9K	860.5K	1.4M	1.3M	1.3M
Total Current Assets	2.1M	30.1M	48.7M	24.6M	33.3M	22.2M
Common Stock Total Equity	108.0M	111.9M	116.9M	150.9M	173.5M	123.8M
Common Stock	116.9M	150.9M	183.2M	183.5M	216.3M	146.3M
Net Tangible Assets	50.0M	82.6M	112.1M	109.7M	126.2M	69.8M
Property Plant Equipment	48.4M	53.7M	66.8M	89.8M	103.3M	52.4M
Capital Surpluse	33.9M	34.6M	35.5M	37.8M	43.5M	37.7M
Cash And Equivalents	1.6M	28.6M	30.7M	1.3M	1.5M	1.5M
Net Invested Capital	50.0M	82.6M	112.1M	109.7M	139.4M	91.9M
Net Working Capital	1.6M	28.9M	45.6M	20.1M	28.9M	20.9M
Capital Stock	116.9M	150.9M	183.2M	183.5M	216.3M	176.5M

Pair Trading with Western Copper

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

Moving against Western Stock

0.45	RY-PO	Royal Bank	Pair Corr
0.32	INFM	Infinico Metals Corp	Pair Corr

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

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

When determining whether Western Copper offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Western Copper'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 Copper And Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Western Copper And Stock:

How To Invest In Western

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Is Western Stock a good investment?

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What is Western Copper's Net Worth?

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You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

Please note, there is a significant difference between Western Copper's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Copper is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western Copper'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.

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

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Western Historical Balance Sheet

About Western Balance Sheet Analysis

Western Copper Balance Sheet Chart

Total Assets

Total Stockholder Equity

Property Plant And Equipment Net

Common Stock Shares Outstanding

Western Copper balance sheet Correlations

Western Copper Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Western Copper balance sheet Accounts

Pair Trading with Western Copper

Moving against Western Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Total Current Assets	+ 1.0	Cash And Short Term Investments
Net Tangible Assets	+ 0.99	Common Stock
Common Stock Shares Outstanding	+ 0.98	Total Assets
Non Current Liabilities Total	+ 0.97	Net Receivables
Common Stock	+ 0.97	Common Stock Total Equity

Cash	- 1.0	Net Debt
Common Stock Shares Outstanding	- 0.8	Retained Earnings
Retained Earnings	- 0.73	Total Assets
Total Current Assets	- 0.72	Net Debt
Cash And Short Term Investments	- 0.72	Net Debt
Retained Earnings	- 0.72	Total Stockholder Equity