Western Historical Balance Sheet

WRX Stock  CAD 0.06  0.00  0.00%   
Trend analysis of Western Resources Corp balance sheet accounts such as Total Assets of 424 M, Total Current Liabilities of 10.6 M, Total Stockholder Equity of 296.7 M or Property Plant And Equipment Net of 398 M provides information on Western Resources' total assets, liabilities, and equity, which is the actual value of Western Resources Corp to its prevalent stockholders. By breaking down trends over time using Western 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.
 
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Financial Statement Analysis is much more than just reviewing and examining Western Resources Corp 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 Resources Corp is a good buy for the upcoming year.

Western Resources Inventory

966,017

  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Resources Corp. 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 Resources Corp at a specified time, usually calculated after every quarter, six months, or one year. Western Resources Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Western 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 Western currently owns. An asset can also be divided into two categories, current and non-current.

Western Resources Balance Sheet Chart

At this time, Western Resources' Cash And Short Term Investments are very stable compared to the past year. As of the 28th of November 2024, Common Stock Shares Outstanding is likely to grow to about 493.4 M, while Total Current Liabilities is likely to drop about 10.6 M.

Total Assets

Total assets refers to the total amount of Western 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 Western Resources Corp 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 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 Western Resources Corp 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.

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.
Most accounts from Western Resources' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Western Resources Corp 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 Resources Corp. 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, Western Resources' Cash And Short Term Investments are very stable compared to the past year. As of the 28th of November 2024, Common Stock Shares Outstanding is likely to grow to about 493.4 M, while Total Current Liabilities is likely to drop about 10.6 M.
 2021 2022 2023 2024 (projected)
Total Current Liabilities14.4M13.8M15.9M10.6M
Total Assets304.5M351.1M403.8M424.0M

Western Resources balance sheet Correlations

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0.450.30.470.38-0.360.96-0.20.51-0.26-0.20.270.290.470.630.47-0.410.430.750.110.38-0.11-0.250.340.820.63
0.970.30.890.7-0.710.17-0.140.910.11-0.060.570.90.470.810.890.040.860.220.470.790.29-0.20.890.30.75
0.960.470.890.92-0.50.35-0.420.99-0.23-0.190.40.950.490.961.0-0.40.840.340.610.880.16-0.380.790.410.86
0.80.380.70.92-0.250.26-0.690.87-0.48-0.160.170.880.420.870.92-0.560.80.350.650.750.18-0.570.650.370.76
-0.63-0.36-0.71-0.5-0.25-0.32-0.02-0.54-0.21-0.09-0.89-0.44-0.33-0.41-0.5-0.29-0.63-0.20.14-0.34-0.27-0.01-0.58-0.32-0.47
0.320.960.170.350.26-0.32-0.180.38-0.29-0.160.220.170.270.50.35-0.420.340.69-0.060.28-0.17-0.240.180.770.49
-0.22-0.2-0.14-0.42-0.69-0.02-0.18-0.320.78-0.060.06-0.31-0.2-0.31-0.420.58-0.52-0.29-0.28-0.09-0.240.75-0.17-0.25-0.33
0.980.510.910.990.87-0.540.38-0.32-0.15-0.180.430.950.50.970.99-0.350.840.40.580.890.14-0.330.820.470.87
-0.01-0.260.11-0.23-0.48-0.21-0.290.78-0.15-0.10.15-0.12-0.02-0.21-0.230.7-0.21-0.35-0.17-0.030.410.570.05-0.29-0.21
-0.15-0.2-0.06-0.19-0.16-0.09-0.16-0.06-0.18-0.10.03-0.18-0.18-0.27-0.190.170.09-0.02-0.24-0.25-0.06-0.12-0.05-0.04-0.21
0.490.270.570.40.17-0.890.220.060.430.150.030.350.230.310.390.190.410.16-0.210.260.150.060.460.230.4
0.940.290.90.950.88-0.440.17-0.310.95-0.12-0.180.350.290.910.95-0.270.80.210.610.930.15-0.290.780.270.75
0.50.470.470.490.42-0.330.27-0.20.5-0.02-0.180.230.290.490.49-0.130.440.390.50.220.28-0.210.570.390.67
0.930.630.810.960.87-0.410.5-0.310.97-0.21-0.270.310.910.490.96-0.450.760.440.610.920.04-0.320.740.510.87
0.960.470.891.00.92-0.50.35-0.420.99-0.23-0.190.390.950.490.96-0.40.840.340.610.880.16-0.380.790.410.86
-0.16-0.410.04-0.4-0.56-0.29-0.420.58-0.350.70.170.19-0.27-0.13-0.45-0.4-0.11-0.46-0.33-0.280.270.40.03-0.41-0.36
0.860.430.860.840.8-0.630.34-0.520.84-0.210.090.410.80.440.760.84-0.110.380.430.630.36-0.530.820.450.75
0.320.750.220.340.35-0.20.69-0.290.4-0.35-0.020.160.210.390.440.34-0.460.380.060.14-0.12-0.310.270.980.44
0.550.110.470.610.650.14-0.06-0.280.58-0.17-0.24-0.210.610.50.610.61-0.330.430.060.590.14-0.270.670.020.71
0.880.380.790.880.75-0.340.28-0.090.89-0.03-0.250.260.930.220.920.88-0.280.630.140.59-0.02-0.150.690.220.72
0.2-0.110.290.160.18-0.27-0.17-0.240.140.41-0.060.150.150.280.040.160.270.36-0.120.14-0.02-0.20.31-0.10.16
-0.26-0.25-0.2-0.38-0.57-0.01-0.240.75-0.330.57-0.120.06-0.29-0.21-0.32-0.380.4-0.53-0.31-0.27-0.15-0.2-0.25-0.28-0.35
0.870.340.890.790.65-0.580.18-0.170.820.05-0.050.460.780.570.740.790.030.820.270.670.690.31-0.250.290.88
0.410.820.30.410.37-0.320.77-0.250.47-0.29-0.040.230.270.390.510.41-0.410.450.980.020.22-0.1-0.280.290.47
0.840.630.750.860.76-0.470.49-0.330.87-0.21-0.210.40.750.670.870.86-0.360.750.440.710.720.16-0.350.880.47
Click cells to compare fundamentals

Western Resources Account Relationship Matchups

Western Resources balance sheet Accounts

201920202021202220232024 (projected)
Total Assets264.8M246.8M304.5M351.1M403.8M424.0M
Total Current Liabilities57.1M45.4M14.4M13.8M15.9M10.6M
Total Stockholder Equity166.6M160.8M241.4M245.7M282.6M296.7M
Property Plant And Equipment Net216.1M231.4M260.4M329.6M379.1M398.0M
Net Debt37.3M20.3M36.6M74.6M85.8M90.0M
Retained Earnings(92.7M)(98.4M)(99.6M)(96.8M)(87.2M)(91.5M)
Accounts Payable37.3M41.5M4.3M5.1M5.9M7.6M
Cash6.7M8.0M2.2M3.5M3.1M3.0M
Non Current Assets Total253.6M237.8M267.7M337.4M388.0M407.4M
Cash And Short Term Investments10.0M8.1M30.5M12.2M14.0M23.1M
Net Receivables850.1K143.1K653.0K290.4K333.9K317.2K
Common Stock Shares Outstanding186.1M186.2M188.8M408.6M469.9M493.4M
Liabilities And Stockholders Equity264.8M246.8M304.5M351.1M403.8M424.0M
Other Current Assets3.2M800.0K5.7M1.2M1.4M829.1K
Total Liab95.6M86.0M63.1M105.4M121.2M127.3M
Property Plant And Equipment Gross216.1M232.2M261.3M330.7M380.2M399.3M
Total Current Assets11.2M9.1M36.8M13.7M15.7M15.0M
Non Currrent Assets Other27.3M5.0M6.5M6.5M7.5M5.9M
Other Stockholder Equity28.2M28.1M54.7M56.2M64.7M36.0M
Other Current Liab2.4M3.9M1.2M5.4M6.2M6.5M
Short Term Investments3.3M70.8K28.3M8.7M10.0M9.3M
Net Tangible Assets160.6M166.6M160.8M241.4M277.6M173.1M
Other Assets25.2M32.9M8.8M6.5M7.5M9.7M
Property Plant Equipment151.4M210.5M227.6M260.4M299.5M150.3M
Long Term Debt Total9.5M34.3M36.6M29.8M34.3M17.3M
Non Current Liabilities Total38.5M40.6M48.7M91.6M105.3M110.6M
Capital Surpluse21.3M29.0M28.8M55.5M63.8M67.0M
Short Term Debt17.4M37.4K8.9M3.3M3.8M4.1M
Net Invested Capital197.4M189.1M280.2M320.5M368.5M228.8M
Long Term Investments10.2M1.4M830.5K1.1M970.7K922.2K
Net Working Capital(45.9M)(36.4M)22.4M(100.2K)(90.2K)(85.7K)
Short Long Term Debt Total51.7M36.7M38.8M78.0M89.7M47.2M

Pair Trading with Western 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 Western 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 Western Resources will appreciate offsetting losses from the drop in the long position's value.

Moving against Western Stock

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The ability to find closely correlated positions to Western 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 Western 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 Western 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 Western Resources Corp to buy it.
The correlation of Western 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 Western Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Western Resources Corp 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 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 Western Stock

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