Westshore Historical Balance Sheet

WTE Stock  CAD 23.65  0.06  0.25%   
Trend analysis of Westshore Terminals Investment balance sheet accounts such as Total Assets of 835.3 M, Other Current Liab of 25.8 M, Total Current Liabilities of 152.8 M or Total Stockholder Equity of 610.1 M provides information on Westshore Terminals' total assets, liabilities, and equity, which is the actual value of Westshore Terminals to its prevalent stockholders. By breaking down trends over time using Westshore Terminals 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 Westshore Terminals 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 Westshore Terminals is a good buy for the upcoming year.

Westshore Terminals Inventory

12.42 Million

  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westshore Terminals Investment. 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 Westshore Balance Sheet Analysis

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

Westshore Terminals Balance Sheet Chart

At this time, Westshore Terminals' Total Liabilities is very stable compared to the past year. As of the 22nd of November 2024, Total Current Assets is likely to grow to about 240.2 M, while Total Assets are likely to drop about 835.3 M.

Total Assets

Total assets refers to the total amount of Westshore Terminals 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 Westshore Terminals 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 Westshore Terminals balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Westshore Terminals Investment 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.
Most accounts from Westshore Terminals' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Westshore Terminals 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 Westshore Terminals Investment. 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, Westshore Terminals' Total Liabilities is very stable compared to the past year. As of the 22nd of November 2024, Total Current Assets is likely to grow to about 240.2 M, while Total Assets are likely to drop about 835.3 M.
 2021 2022 2023 2024 (projected)
Other Current Liabilities15.8M19.5M37.9M25.8M
Total Assets1.3B1.3B1.5B835.3M

Westshore Terminals balance sheet Correlations

-0.070.420.750.260.430.810.990.130.81-0.7-0.040.680.820.40.310.50.290.130.680.00.87-0.180.910.820.92
-0.070.24-0.430.270.03-0.02-0.08-0.33-0.02-0.06-0.130.30.030.39-0.57-0.36-0.220.090.290.0-0.08-0.29-0.170.05-0.08
0.420.240.230.190.960.480.42-0.170.48-0.570.040.740.610.850.410.37-0.250.510.660.410.64-0.790.510.670.61
0.75-0.430.23-0.180.340.580.770.530.58-0.6-0.140.250.560.130.340.150.490.030.24-0.030.73-0.140.720.660.7
0.260.270.19-0.180.140.180.28-0.280.18-0.410.00.550.230.38-0.260.530.09-0.240.58-0.270.33-0.20.170.320.2
0.430.030.960.340.140.40.44-0.070.4-0.530.030.640.550.820.480.43-0.190.50.550.40.65-0.730.530.640.63
0.81-0.020.480.580.180.40.74-0.061.0-0.760.140.770.980.360.280.450.130.160.770.110.83-0.350.80.830.74
0.99-0.080.420.770.280.440.740.190.74-0.71-0.120.660.760.420.30.480.360.080.67-0.060.87-0.210.880.820.92
0.13-0.33-0.170.53-0.28-0.07-0.060.19-0.06-0.23-0.66-0.18-0.09-0.070.06-0.220.78-0.55-0.15-0.570.17-0.1-0.040.160.15
0.81-0.020.480.580.180.41.00.74-0.06-0.760.140.770.980.360.280.450.130.160.770.110.83-0.350.80.830.74
-0.7-0.06-0.57-0.6-0.41-0.53-0.76-0.71-0.23-0.760.29-0.83-0.8-0.61-0.07-0.34-0.480.19-0.840.26-0.920.69-0.57-0.95-0.73
-0.04-0.130.04-0.140.00.030.14-0.12-0.660.140.29-0.080.13-0.180.170.26-0.790.69-0.120.8-0.090.40.31-0.16-0.09
0.680.30.740.250.550.640.770.66-0.180.77-0.83-0.080.840.780.160.550.080.080.99-0.010.83-0.690.590.870.73
0.820.030.610.560.230.550.980.76-0.090.98-0.80.130.840.510.310.50.080.220.830.160.88-0.460.820.880.79
0.40.390.850.130.380.820.360.42-0.070.36-0.61-0.180.780.510.070.36-0.020.180.730.070.62-0.790.350.670.55
0.31-0.570.410.34-0.260.480.280.30.060.28-0.070.170.160.310.070.51-0.180.440.110.390.3-0.120.440.240.46
0.5-0.360.370.150.530.430.450.48-0.220.45-0.340.260.550.50.360.51-0.050.10.540.070.49-0.10.550.430.54
0.29-0.22-0.250.490.09-0.190.130.360.780.13-0.48-0.790.080.08-0.02-0.18-0.05-0.840.16-0.880.32-0.16-0.020.330.23
0.130.090.510.03-0.240.50.160.08-0.550.160.190.690.080.220.180.440.1-0.84-0.010.970.070.010.430.040.2
0.680.290.660.240.580.550.770.67-0.150.77-0.84-0.120.990.830.730.110.540.16-0.01-0.110.82-0.650.560.860.71
0.00.00.41-0.03-0.270.40.11-0.06-0.570.110.260.8-0.010.160.070.390.07-0.880.97-0.11-0.010.080.35-0.050.06
0.87-0.080.640.730.330.650.830.870.170.83-0.92-0.090.830.880.620.30.490.320.070.82-0.01-0.560.810.960.87
-0.18-0.29-0.79-0.14-0.2-0.73-0.35-0.21-0.1-0.350.690.4-0.69-0.46-0.79-0.12-0.1-0.160.01-0.650.08-0.56-0.11-0.64-0.38
0.91-0.170.510.720.170.530.80.88-0.040.8-0.570.310.590.820.350.440.55-0.020.430.560.350.81-0.110.730.87
0.820.050.670.660.320.640.830.820.160.83-0.95-0.160.870.880.670.240.430.330.040.86-0.050.96-0.640.730.88
0.92-0.080.610.70.20.630.740.920.150.74-0.73-0.090.730.790.550.460.540.230.20.710.060.87-0.380.870.88
Click cells to compare fundamentals

Westshore Terminals Account Relationship Matchups

Westshore Terminals balance sheet Accounts

201920202021202220232024 (projected)
Total Assets1.2B1.3B1.3B1.3B1.5B835.3M
Other Current Liab10.6M16.1M15.8M19.5M37.9M25.8M
Total Current Liabilities76.6M76.5M75.3M78.8M145.5M152.8M
Total Stockholder Equity709.8M740.6M788.5M712.7M729.6M610.1M
Net Debt156.7M84.6M39.8M124.5M113.1M118.8M
Accounts Payable56.2M44.7M44.6M45.1M103.1M108.2M
Cash131.9M201.4M243.5M156.0M164.7M173.0M
Non Current Assets Total1.0B1.0B1.0B1.1B1.3B725.7M
Non Currrent Assets Other866K(104.3M)(80.3M)37.3M28.3M26.9M
Cash And Short Term Investments131.9M201.4M243.5M156.0M164.7M173.0M
Common Stock Shares Outstanding69.2M66.7M64.7M63.3M62.5M56.6M
Liabilities And Stockholders Equity1.2B1.3B1.3B1.3B1.5B835.3M
Total Liab497.5M510.8M508.4M546.1M787.7M827.1M
Total Current Assets174.9M233.8M278.4M195.5M228.8M240.2M
Net Receivables24.6M11.6M15.2M19.4M41.8M43.9M
Other Current Assets2.3M2.6M1.9M2.5M3.7M2.5M
Short Long Term Debt Total288.6M286.0M283.3M280.6M277.9M235.2M
Retained Earnings(815.7M)(715.8M)(665.2M)(731.1M)(707.0M)(742.4M)
Common Stock Total Equity1.6B1.5B1.5B1.5B1.7B1.4B
Non Current Liabilities Total420.9M434.3M433.1M467.3M642.2M674.3M
Common Stock1.5B1.5B1.5B1.4B1.4B1.4B
Property Plant And Equipment Net666.0M652.0M632.7M651.6M758.2M796.1M
Inventory16.1M18.2M17.8M17.6M18.5M12.4M
Property Plant And Equipment Gross666.0M652.0M935.0M972.1M1.1B1.2B
Other Liab134.9M151.0M152.5M189.6M218.0M142.3M
Net Tangible Assets344.3M375.0M422.9M338.4M389.1M296.2M
Property Plant Equipment666.0M652.0M632.7M651.6M749.4M508.5M
Current Deferred Revenue7.1M13.0M12.2M11.4M1.5M1.4M
Short Term Debt2.6M2.7M2.7M2.8M3.0M4.2M
Long Term Debt Total286.0M283.3M280.6M277.7M319.4M222.6M
Cash And Equivalents131.9M201.4M243.5M156.0M179.4M148.0M
Net Invested Capital709.8M740.6M788.5M712.7M729.6M777.5M
Net Working Capital98.3M157.3M203.1M116.8M83.3M106.0M
Capital Stock1.5B1.5B1.5B1.4B1.4B1.2B

Pair Trading with Westshore Terminals

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 Westshore Terminals 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 Westshore Terminals will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Westshore Terminals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Westshore Terminals 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 Westshore Terminals - 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 Westshore Terminals Investment to buy it.
The correlation of Westshore Terminals 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 Westshore Terminals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Westshore Terminals 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 Westshore Terminals 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 Westshore Stock

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