Westaim Corp Financials

WED Stock  CAD 31.22  0.35  1.13%   
Financial data analysis helps to validate if markets are presently mispricing Westaim Corp. We were able to interpolate thirty-five available indicators for Westaim Corp, which can be compared to its rivals. The stock experiences a large bullish trend. Check odds of Westaim Corp to be traded at C$34.34 in 90 days. Key indicators impacting Westaim Corp's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio3.0E-43.0E-4
Notably Down
Slightly volatile
Current Ratio18.9118.0
Sufficiently Up
Pretty Stable
  
Understanding current and past Westaim Corp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Westaim Corp's financial statements are interrelated, with each one affecting the others. For example, an increase in Westaim Corp's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Westaim Corp's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Westaim Corp. Check Westaim Corp's Beneish M Score to see the likelihood of Westaim Corp's management manipulating its earnings.

Westaim Corp Stock Summary

Westaim Corp competes with Pulse Seismic, Quarterhill, Kneat, and Trisura. The Westaim Corporation is a private equity firm specializing in direct and indirect investments through acquisitions, joint ventures, secondary investments both direct and indirect, fund of fund investments, and other arrangements. The Westaim Corporation was founded in 1996 and is based in Toronto, Canada. THE WESTAIM operates under Asset Management classification in Exotistan and is traded on Commodity Exchange.
Specialization
Financial Services, Financial Services
InstrumentCanada Stock View All
ExchangeTSX Venture Exchange
ISINCA9569093037
Business Address70 York Street,
SectorCapital Markets
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.westaim.com
Phone(416) 969 3333
CurrencyCAD - Canadian Dollar
You should never invest in Westaim Corp without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Westaim Stock, because this is throwing your money away. Analyzing the key information contained in Westaim Corp's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Westaim Corp Key Financial Ratios

There are many critical financial ratios that Westaim Corp's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Westaim Corp reports annually and quarterly.

Westaim Corp Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets377.4M401.7M413.3M551.8M634.6M336.9M
Net Debt(8.2M)(6.1M)(3.2M)(134.9M)(155.1M)(147.4M)
Retained Earnings(77.2M)(49.0M)(31.0M)153.0M175.9M184.7M
Accounts Payable2.3M3.6M3.3M14.6M13.1M8.8M
Cash8.7M6.6M3.4M135.0M121.5M127.6M
Net Receivables1.1M364K291K864K777.6K738.7K
Inventory(346.7M)(368.1M)(382.2M)(386.7M)(348.1M)(330.7M)
Other Current Assets347.6M368.2M382.2M387.2M445.3M467.6M
Total Liab56.8M54.0M50.2M33.5M38.5M36.6M
Total Current Assets9.8M6.9M3.7M135.9M122.3M68.8M
Other Current Liab(2.3M)(3.6M)(3.3M)(14.6M)(13.1M)(12.5M)
Other Liab6.4M6.3M1.3M94K84.6K80.4K
Net Tangible Assets354.7M320.5M347.7M363.1M417.5M268.9M

Westaim Corp Key Income Statement Accounts

202020212022202320242025 (projected)
Total Revenue(27.5M)31.7M25.7M211.3M190.1M199.7M
Gross Profit(27.5M)31.7M25.7M211.3M243.0M255.1M
Operating Income(34.3M)28.4M19.5M186.3M214.2M224.9M
Ebit(34.3M)28.4M19.5M186.3M214.2M224.9M
Ebitda(34.1M)28.6M19.6M186.4M214.4M225.1M
Income Before Tax(34.3M)28.4M17.6M186.3M214.2M224.9M
Net Income(34.4M)28.2M18.0M184.0M211.6M222.2M
Income Tax Expense115K221K(357K)2.3M2.1M2.2M
Interest Expense1.9M1.9M2.0M1.0M909K863.6K
Net Interest Income(692K)(584K)(518K)2.7M3.2M3.3M
Interest Income1.2M1.4M1.4M3.8M4.3M4.5M
Tax Provision115K221K(357K)2.3M2.6M2.8M

Westaim Corp Key Cash Accounts

202020212022202320242025 (projected)
Change In Cash(13.5M)(2.2M)(3.1M)131.6M151.3M158.9M
Free Cash Flow18.5M(5.1M)(2.5M)(3.1M)(3.6M)(3.7M)
Depreciation154K145K141K137K123.3K117.1K
Other Non Cash Items52.1M(35.2M)(19.0M)(198.1M)(178.2M)(169.3M)
Net Income(34.4M)28.2M18.0M184.0M211.6M222.2M
End Period Cash Flow8.7M6.6M3.4M135.0M121.5M127.6M
Change To Netincome(7.1M)52.4M(35.3M)(19.5M)(22.4M)(21.3M)

Westaim Financial Ratios Relationships

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. You can analyze the relationship between different fundamental ratios across Westaim Corp competition to find correlations between indicators driving Westaim Corp's intrinsic value. More Info.
Westaim Corp is rated second in return on equity category among its peers. It is rated first in return on asset category among its peers reporting about  0.58  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Westaim Corp is roughly  1.73 . At this time, Westaim Corp's Return On Equity 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 Corp Systematic Risk

Westaim Corp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Westaim Corp volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Westaim Corp correlated with the market. If Beta is less than 0 Westaim Corp generally moves in the opposite direction as compared to the market. If Westaim Corp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Westaim Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Westaim Corp is generally in the same direction as the market. If Beta > 1 Westaim Corp moves generally in the same direction as, but more than the movement of the benchmark.

Westaim Corp Total Assets Over Time

Today, most investors in Westaim Corp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Westaim Corp's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Westaim Corp growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.017

At this time, Westaim Corp's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Westaim Corp March 19, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Westaim Corp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Westaim Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Westaim Corp based on widely used predictive technical indicators. In general, we focus on analyzing Westaim Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Westaim Corp's daily price indicators and compare them against related drivers.

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.