Westaim Corp Number Of Shares Shorted vs. Revenue

WED Stock  CAD 4.95  0.02  0.41%   
Considering Westaim Corp's profitability and operating efficiency indicators, Westaim Corp is yielding more profit at this time then in previous quarter. It has a moderate probability of reporting better profitability numbers in December. Profitability indicators assess Westaim Corp's ability to earn profits and add value for shareholders. EV To Sales is likely to climb to 1.30 in 2024, whereas Price To Sales Ratio is likely to drop 1.78 in 2024. At this time, Westaim Corp's Net Income Per E B T is fairly stable compared to the past year.
For Westaim Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Westaim Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Westaim Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Westaim Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Westaim Corp over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Westaim Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Westaim Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westaim Corp'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.

Westaim Corp Revenue vs. Number Of Shares Shorted Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Westaim Corp's current stock value. Our valuation model uses many indicators to compare Westaim Corp value to that of its competitors to determine the firm's financial worth.
Westaim Corp is rated second in number of shares shorted category among its peers. It is rated second in revenue category among its peers totaling about  1,050  of Revenue per Number Of Shares Shorted. At this time, Westaim Corp's Total Revenue is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Westaim Corp's earnings, one of the primary drivers of an investment's value.

Westaim Revenue vs. Number Of Shares Shorted

Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.

Westaim Corp

Shares Shorted

 = 

Shorted by Public

+

by Institutions

 = 
201.15 K
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Westaim Corp

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
211.27 M
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.

Westaim Revenue vs Competition

Westaim Corp is rated second in revenue category among its peers. Market size based on revenue of Financials industry is at this time estimated at about 3.32 Billion. Westaim Corp holds roughly 211.27 Million in revenue claiming about 6% of equities under Financials industry.

Westaim Corp Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Westaim Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Westaim Corp will eventually generate negative long term returns. The profitability progress is the general direction of Westaim Corp's change in net profit over the period of time. It can combine multiple indicators of Westaim Corp, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-2.2 M-2.1 M
Operating Income186.3 M195.6 M
Income Before Tax186.3 M195.6 M
Total Other Income Expense Net-1.5 M-1.4 M
Net Income184 M193.2 M
Income Tax Expense2.3 M2.4 M
Net Income From Continuing Ops184 M193.2 M
Net Income Applicable To Common Shares20.7 M21.7 M
Net Interest Income2.7 M2.9 M
Interest Income3.8 M3.9 M
Change To Netincome-22.4 M-21.3 M
Net Income Per Share 1.32  1.38 
Income Quality(0.02)(0.02)
Net Income Per E B T 0.99  1.13 

Westaim Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Westaim Corp. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Westaim Corp position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Westaim Corp's important profitability drivers and their relationship over time.

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Plastics Theme
Companies manufacturing rubber and plastics accessories. The Plastics theme has 42 constituents at this time.
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Additional Tools for Westaim Stock Analysis

When running Westaim Corp's price analysis, check to measure Westaim Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Westaim Corp is operating at the current time. Most of Westaim Corp's value examination focuses on studying past and present price action to predict the probability of Westaim Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westaim Corp's price. Additionally, you may evaluate how the addition of Westaim Corp to your portfolios can decrease your overall portfolio volatility.