Western Cash from 2010 to 2024

WDC Stock  USD 72.99  1.49  2.08%   
Western Digital's Cash is decreasing over the years with stable fluctuation. Overall, Cash is expected to go to about 1.9 B this year. Cash is the total amount of money in the form of currency that Western Digital has in its possession. This includes all bills, coins, and funds in bank accounts. View All Fundamentals
 
Cash  
First Reported
1986-06-30
Previous Quarter
1.9 B
Current Value
1.7 B
Quarterly Volatility
1.9 B
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Western Digital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Western Digital's main balance sheet or income statement drivers, such as Depreciation And Amortization of 572.3 M, Total Revenue of 8.1 B or Gross Profit of 2 B, as well as many indicators such as Price To Sales Ratio of 0.98, Dividend Yield of 0.0224 or PTB Ratio of 1.11. Western financial statements analysis is a perfect complement when working with Western Digital Valuation or Volatility modules.
  
Check out the analysis of Western Digital Correlation against competitors.
For information on how to trade Western Stock refer to our How to Trade Western Stock guide.

Latest Western Digital's Cash Growth Pattern

Below is the plot of the Cash of Western Digital over the last few years. Cash refers to the most liquid asset of Western Digital, which is listed under current asset account on Western Digital balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Western Digital customers. The amounts must be unrestricted with restricted cash listed in a different Western Digital account. It is the total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts. Western Digital's Cash historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Western Digital's overall financial position and show how it may be relating to other accounts over time.
Cash10 Years Trend
Pretty Stable
   Cash   
       Timeline  

Western Cash Regression Statistics

Arithmetic Mean3,659,421,973
Geometric Mean2,652,442,951
Coefficient Of Variation55.32
Mean Deviation1,558,729,088
Median3,370,000,000
Standard Deviation2,024,256,161
Sample Variance4097613T
Range8.1B
R-Value(0.27)
Mean Square Error4086654T
R-Squared0.07
Significance0.33
Slope(123,057,474)
Total Sum of Squares57366582.1T

Western Cash History

20241.9 B
20231.9 B
2022B
20212.3 B
20203.4 B
2019B
20183.5 B

Other Fundumenentals of Western Digital

Western Digital Cash component correlations

About Western Digital Financial Statements

Western Digital stakeholders use historical fundamental indicators, such as Western Digital's Cash, to determine how well the company is positioned to perform in the future. Although Western Digital investors may analyze each financial statement separately, they are all interrelated. For example, changes in Western Digital's assets and liabilities are reflected in the revenues and expenses on Western Digital's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Western Digital. Please read more on our technical analysis and fundamental analysis pages.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Western Digital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Western Digital'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 Digital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Western Digital Stock:
Check out the analysis of Western Digital Correlation against competitors.
For information on how to trade Western Stock refer to our How to Trade Western Stock guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Technology Hardware, Storage & Peripherals 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 Digital. 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 Digital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.96)
Earnings Share
0.91
Revenue Per Share
43.315
Quarterly Revenue Growth
(0.41)
Return On Assets
0.0404
The market value of Western Digital 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 Digital's value that differs from its market value or its book value, called intrinsic value, which is Western Digital'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 Digital's market value can be influenced by many factors that don't directly affect Western Digital'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 Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western Digital'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.