Western Historical Financial Ratios
| WRX Stock | CAD 0.04 0.00 0.00% |
Western Resources is currently reporting on over 95 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0, PTB Ratio of 0.37 or Days Sales Outstanding of 0.0 will help investors to properly organize and evaluate Western Resources Corp financial condition quickly.
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About Western Financial Ratios Analysis
Western Resources CorpFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Western Resources investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Western financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Western Resources history.
Western Resources Financial Ratios Chart
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Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to Western Resources Corp. There are two different methods for calculating Western Resources Corp invested capital: operating approach and financing approach. Understanding Western Resources invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Most ratios from Western Resources' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios 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 fundamentals ratios, 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' Days Of Inventory On Hand is very stable compared to the past year. As of the 14th of April 2025, Days Payables Outstanding is likely to grow to about 37.2 K, while Book Value Per Share is likely to drop 0.66.
| 2024 | 2025 (projected) | PB Ratio | 0.36 | 0.37 | Capex To Depreciation | 546.66 | 573.99 |
Western Resources fundamentals Correlations
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Western Resources Account Relationship Matchups
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Western Resources fundamentals Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Book Value Per Share | 0.91 | 0.86 | 1.28 | 0.6 | 0.69 | 0.66 | |
| Free Cash Flow Yield | (1.36) | (0.42) | (1.28) | (0.83) | (0.96) | (1.0) | |
| Operating Cash Flow Per Share | (0.0218) | (0.0229) | (0.0441) | (0.001859) | (0.001673) | (0.001756) | |
| Capex To Depreciation | 199.96 | 78.11 | 575.62 | 607.4 | 546.66 | 573.99 | |
| Roic | (0.003874) | (0.0122) | 0.0161 | (0.002488) | (0.002239) | (0.002351) | |
| Net Income Per Share | (0.00895) | (0.0302) | (0.001736) | 0.006768 | 0.006091 | 0.006396 | |
| Payables Turnover | 0.005553 | 0.003442 | 0.0213 | 0.0129 | 0.0149 | 0.0141 | |
| Cash Per Share | 0.0538 | 0.0434 | 0.16 | 0.0298 | 0.0343 | 0.0326 | |
| Pocfratio | (8.25) | (8.53) | (5.67) | (102.23) | (92.01) | (96.61) | |
| Interest Coverage | (4.77) | (0.78) | 0.97 | (1.88) | (1.69) | (1.78) | |
| Capex To Operating Cash Flow | (10.2) | (2.62) | (6.27) | (83.92) | (75.53) | (71.75) | |
| Pfcf Ratio | (0.74) | (2.36) | (0.78) | (1.2) | (1.08) | (1.14) | |
| Days Payables Outstanding | 65.7K | 106.1K | 17.2K | 28.2K | 25.4K | 37.2K | |
| Income Quality | 2.44 | 0.76 | 25.43 | (0.27) | (0.25) | (0.23) | |
| Roe | (0.009998) | (0.035) | (0.001357) | 0.0113 | 0.0101 | 0.0106 | |
| Ev To Operating Cash Flow | (17.42) | (13.31) | (10.05) | (200.42) | (180.38) | (171.36) | |
| Pe Ratio | (20.11) | (6.46) | (144.04) | 28.07 | 32.28 | 33.9 | |
| Return On Tangible Assets | (0.00629) | (0.0228) | (0.001076) | 0.007884 | 0.007095 | 0.00745 | |
| Ev To Free Cash Flow | (1.56) | (3.67) | (1.38) | (2.36) | (2.71) | (2.85) | |
| Earnings Yield | (0.0497) | (0.15) | (0.006942) | 0.0356 | 0.0321 | 0.0337 | |
| Net Debt To E B I T D A | (11.4) | (9.19) | 14.48 | 27.68 | 31.83 | 33.42 | |
| Tangible Book Value Per Share | 0.91 | 0.86 | 1.28 | 0.6 | 0.69 | 0.66 | |
| Shareholders Equity Per Share | 0.9 | 0.86 | 1.28 | 0.6 | 0.69 | 0.66 | |
| Capex Per Share | 0.22 | 0.0599 | 0.28 | 0.16 | 0.18 | 0.24 | |
| Graham Net Net | (0.46) | (0.42) | (0.17) | (0.23) | (0.26) | (0.25) | |
| Interest Debt Per Share | 0.0694 | 0.24 | 0.17 | 0.23 | 0.19 | 0.18 | |
| Enterprise Value Over E B I T D A | (21.65) | (25.6) | 33.17 | 56.5 | 50.85 | 53.39 | |
| Price Earnings Ratio | (20.11) | (6.46) | (144.04) | 28.07 | 32.28 | 33.9 |
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
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.Other Information on Investing in Western Stock
Western Resources CorpFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Western Resources investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Western financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Western Resources history.