Western Historical Balance Sheet

WRN Stock

USD 1.01 0.03 2.88%

Trend analysis of Western Copper and balance sheet accounts such as Total Assets of 173.8 M, Total Stockholder Equity of 168.4 M, Property Plant And Equipment Net of 133.5 M or Non Currrent Assets Other of 133.1 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 metropolitan statistical area.

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 Property Plant And Equipment Gross is very stable compared to the past year. As of the 29th of January 2025, Net Tangible Assets is likely to grow to about 132.5 M, while Retained Earnings are likely to drop (108.6 M).

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

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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.

Short Term Investments

Short Term Investments is an item under the current assets section of Western Copper balance sheet. It contains any investments Western Copper and undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Western Copper can easily liquidate in the marketplace.

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 metropolitan statistical area.

	2022	2023	2024	2025 (projected)
Total Stockholder Equity	109.7M	139.4M	160.4M	168.4M
Total Assets	114.4M	143.9M	165.5M	173.8M

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	Other Current Liab	Total Current Liabilities	Net Tangible Assets	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Total Equity	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Total Current Assets	Common Stock	Property Plant Equipment	Capital Surpluse
Total Assets		1.0	0.97	-0.65	0.91	-0.24	0.81	0.05	0.89	0.97	0.82	0.79	0.92	-0.59	0.73	0.68	0.92	0.43	0.76	-0.15	-0.39	0.94	0.45	0.83	0.77	0.7
Total Stockholder Equity	1.0		0.97	-0.66	0.91	-0.24	0.81	0.05	0.88	0.97	0.81	0.79	0.92	-0.59	0.73	0.69	0.92	0.43	0.76	-0.16	-0.39	0.94	0.44	0.83	0.77	0.71
Property Plant And Equipment Net	0.97	0.97		-0.64	0.87	-0.25	0.79	0.07	0.83	1.0	0.76	0.74	0.91	-0.41	0.74	0.53	0.96	0.26	0.72	-0.17	-0.36	0.91	0.27	0.8	0.81	0.76
Retained Earnings	-0.65	-0.66	-0.64		-0.56	0.26	-0.72	-0.01	-0.56	-0.64	-0.56	-0.46	-0.68	0.32	-0.23	-0.34	-0.42	0.12	-0.72	0.61	0.9	-0.54	0.11	-0.64	-0.44	-0.65
Non Currrent Assets Other	0.91	0.91	0.87	-0.56		-0.27	0.78	-0.03	0.83	0.87	0.76	0.76	0.92	-0.61	0.5	0.67	0.86	0.54	0.81	-0.03	-0.22	0.87	0.55	0.81	0.81	0.74
Other Assets	-0.24	-0.24	-0.25	0.26	-0.27		-0.25	-0.09	-0.18	-0.25	-0.16	-0.15	-0.26	0.13	-0.12	-0.15	-0.22	-0.02	-0.27	0.16	0.17	-0.2	-0.02	-0.24	-0.34	-0.44
Common Stock Shares Outstanding	0.81	0.81	0.79	-0.72	0.78	-0.25		0.0	0.86	0.79	0.9	0.86	0.81	-0.46	0.42	0.49	0.7	0.39	0.96	-0.2	-0.48	0.77	0.41	0.99	0.87	0.74
Other Stockholder Equity	0.05	0.05	0.07	-0.01	-0.03	-0.09	0.0		0.06	0.07	0.06	0.04	-0.18	0.07	0.07	-0.07	0.02	-0.12	-0.02	-0.06	-0.16	0.09	-0.11	-0.03	0.01	-0.25
Total Liab	0.89	0.88	0.83	-0.56	0.83	-0.18	0.86	0.06		0.83	0.98	0.98	0.81	-0.51	0.56	0.56	0.8	0.55	0.76	0.1	-0.29	0.93	0.57	0.86	0.81	0.53
Property Plant And Equipment Gross	0.97	0.97	1.0	-0.64	0.87	-0.25	0.79	0.07	0.83		0.76	0.74	0.91	-0.41	0.74	0.52	0.96	0.26	0.72	-0.17	-0.36	0.91	0.27	0.8	0.81	0.76
Other Current Liab	0.82	0.81	0.76	-0.56	0.76	-0.16	0.9	0.06	0.98	0.76		0.99	0.75	-0.49	0.49	0.51	0.71	0.55	0.81	0.07	-0.31	0.87	0.57	0.9	0.82	0.5
Total Current Liabilities	0.79	0.79	0.74	-0.46	0.76	-0.15	0.86	0.04	0.98	0.74	0.99		0.73	-0.47	0.49	0.5	0.73	0.61	0.77	0.18	-0.18	0.87	0.63	0.87	0.84	0.48
Net Tangible Assets	0.92	0.92	0.91	-0.68	0.92	-0.26	0.81	-0.18	0.81	0.91	0.75	0.73		-0.45	0.5	0.54	0.86	0.37	0.8	-0.06	-0.34	0.86	0.39	0.82	0.8	0.83
Net Debt	-0.59	-0.59	-0.41	0.32	-0.61	0.13	-0.46	0.07	-0.51	-0.41	-0.49	-0.47	-0.45		-0.44	-0.98	-0.38	-0.74	-0.53	0.26	0.19	-0.49	-0.74	-0.52	-0.28	-0.25
Accounts Payable	0.73	0.73	0.74	-0.23	0.5	-0.12	0.42	0.07	0.56	0.74	0.49	0.49	0.5	-0.44		0.56	0.76	0.29	0.28	-0.16	-0.11	0.67	0.3	0.47	0.43	0.32
Cash	0.68	0.69	0.53	-0.34	0.67	-0.15	0.49	-0.07	0.56	0.52	0.51	0.5	0.54	-0.98	0.56		0.5	0.72	0.54	-0.26	-0.2	0.58	0.72	0.55	0.34	0.32
Non Current Assets Total	0.92	0.92	0.96	-0.42	0.86	-0.22	0.7	0.02	0.8	0.96	0.71	0.73	0.86	-0.38	0.76	0.5		0.36	0.62	0.03	-0.09	0.88	0.38	0.74	0.83	0.71
Cash And Short Term Investments	0.43	0.43	0.26	0.12	0.54	-0.02	0.39	-0.12	0.55	0.26	0.55	0.61	0.37	-0.74	0.29	0.72	0.36		0.41	0.42	0.31	0.49	1.0	0.47	0.39	0.08
Common Stock Total Equity	0.76	0.76	0.72	-0.72	0.81	-0.27	0.96	-0.02	0.76	0.72	0.81	0.77	0.8	-0.53	0.28	0.54	0.62	0.41		-0.26	-0.49	0.71	0.42	0.96	0.83	0.75
Short Term Investments	-0.15	-0.16	-0.17	0.61	-0.03	0.16	-0.2	-0.06	0.1	-0.17	0.07	0.18	-0.06	0.26	-0.16	-0.26	0.03	0.42	-0.26		0.74	0.06	0.41	-0.16	0.08	-0.28
Non Current Liabilities Total	-0.39	-0.39	-0.36	0.9	-0.22	0.17	-0.48	-0.16	-0.29	-0.36	-0.31	-0.18	-0.34	0.19	-0.11	-0.2	-0.09	0.31	-0.49	0.74		-0.28	0.3	-0.38	-0.1	-0.35
Other Current Assets	0.94	0.94	0.91	-0.54	0.87	-0.2	0.77	0.09	0.93	0.91	0.87	0.87	0.86	-0.49	0.67	0.58	0.88	0.49	0.71	0.06	-0.28		0.5	0.79	0.76	0.55
Total Current Assets	0.45	0.44	0.27	0.11	0.55	-0.02	0.41	-0.11	0.57	0.27	0.57	0.63	0.39	-0.74	0.3	0.72	0.38	1.0	0.42	0.41	0.3	0.5		0.49	0.41	0.09
Common Stock	0.83	0.83	0.8	-0.64	0.81	-0.24	0.99	-0.03	0.86	0.8	0.9	0.87	0.82	-0.52	0.47	0.55	0.74	0.47	0.96	-0.16	-0.38	0.79	0.49		0.9	0.74
Property Plant Equipment	0.77	0.77	0.81	-0.44	0.81	-0.34	0.87	0.01	0.81	0.81	0.82	0.84	0.8	-0.28	0.43	0.34	0.83	0.39	0.83	0.08	-0.1	0.76	0.41	0.9		0.78
Capital Surpluse	0.7	0.71	0.76	-0.65	0.74	-0.44	0.74	-0.25	0.53	0.76	0.5	0.48	0.83	-0.25	0.32	0.32	0.71	0.08	0.75	-0.28	-0.35	0.55	0.09	0.74	0.78

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Western Copper Account Relationship Matchups

Western Copper balance sheet Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	83.8M	115.5M	114.4M	143.9M	165.5M	173.8M
Total Stockholder Equity	82.6M	112.1M	109.7M	139.4M	160.4M	168.4M
Property Plant And Equipment Net	53.7M	66.8M	89.8M	110.6M	127.2M	133.5M
Retained Earnings	(102.9M)	(106.6M)	(111.6M)	(114.9M)	(103.4M)	(108.6M)
Common Stock Shares Outstanding	114.9M	144.3M	151.5M	159.8M	183.7M	103.7M
Liabilities And Stockholders Equity	83.8M	115.5M	114.4M	143.9M	165.5M	173.8M
Other Stockholder Equity	34.6M	35.5M	37.8M	38.1M	34.3M	42.6M
Total Liab	1.2M	3.4M	4.6M	4.5M	4.0M	3.3M
Property Plant And Equipment Gross	53.7M	66.8M	89.8M	110.6M	127.2M	133.5M
Other Current Liab	1.2M	3.0M	4.2M	4.3M	3.8M	2.0M
Total Current Liabilities	1.2M	3.2M	4.5M	4.5M	4.0M	2.1M
Net Tangible Assets	50.0M	82.6M	112.1M	109.7M	126.2M	132.5M
Net Debt	(28.6M)	(30.3M)	(923.3K)	(25.8M)	(23.2M)	(22.0M)
Accounts Payable	1.2K	2.2K	4.2K	4.3M	4.9M	5.2M
Cash	28.6M	30.7M	1.3M	26.0M	29.9M	31.4M
Non Current Assets Total	53.7M	66.8M	89.8M	110.6M	127.2M	133.5M
Cash And Short Term Investments	29.4M	47.9M	23.1M	32.1M	36.9M	21.7M
Short Term Investments	737.0K	17.2M	21.8M	6.1M	5.5M	7.9M
Other Current Assets	677.9K	860.5K	1.4M	1.3M	1.5M	1.5M
Total Current Assets	30.1M	48.7M	24.6M	33.3M	38.4M	22.2M
Common Stock	150.9M	183.2M	183.5M	216.3M	248.7M	125.9M
Property Plant Equipment	48.4M	53.7M	66.8M	89.8M	103.3M	53.6M
Capital Surpluse	33.5M	33.9M	34.6M	35.5M	40.8M	35.8M
Net Invested Capital	82.6M	112.1M	109.7M	139.4M	160.4M	91.9M
Net Working Capital	28.9M	45.6M	20.1M	28.9M	33.2M	20.9M
Capital Stock	150.9M	183.2M	183.5M	216.3M	248.7M	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 together with Western Stock

0.74

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Moving against Western Stock

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0.53	NAK	Northern Dynasty Minerals	Pair Corr
0.31	IPX	IperionX Limited American	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

Details

Is Western Stock a good investment?

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What is Western Copper's Net Worth?

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Largest Diversified Metals & Mining Companies

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Largest Other Industrial Metals & Mining Companies

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You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Is Diversified Metals & Mining 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 Copper. 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 Copper listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.03)

Return On Assets

(0.03)

Return On Equity

(0.04)

The market value of Western Copper 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 Copper's value that differs from its market value or its book value, called intrinsic value, which is Western Copper'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 Copper's market value can be influenced by many factors that don't directly affect Western Copper'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 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

Short Term Investments

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 together with Western Stock

Moving against Western Stock

COMMON DESTINATIONS

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Total Current Assets	+ 1.0	Cash And Short Term Investments
Common Stock	+ 0.99	Common Stock Shares Outstanding
Total Current Liabilities	+ 0.99	Other Current Liab
Other Current Liab	+ 0.98	Total Liab

Cash	- 0.98	Net Debt
Total Current Assets	- 0.74	Net Debt
Cash And Short Term Investments	- 0.74	Net Debt
Common Stock Total Equity	- 0.72	Retained Earnings
Common Stock Shares Outstanding	- 0.72	Retained Earnings
Net Tangible Assets	- 0.68	Retained Earnings