Westone Net Debt vs Short Term Debt Analysis

002268 Stock   18.55  0.10  0.54%   
Westone Information financial indicator trend analysis is more than just analyzing Westone Information current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Westone Information is a good investment. Please check the relationship between Westone Information Net Debt and its Short Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Westone Information Industry. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Net Debt vs Short Term Debt

Net Debt vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Westone Information Net Debt account and Short Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Westone Information's Net Debt and Short Term Debt is 0.41. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Westone Information Industry, assuming nothing else is changed. The correlation between historical values of Westone Information's Net Debt and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Westone Information Industry are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Net Debt i.e., Westone Information's Net Debt and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Short Term Debt

Most indicators from Westone Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Westone Information current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Westone Information Industry. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Tax Provision is expected to grow to about 8.1 M, whereas Selling General Administrative is forecasted to decline to about 91.6 M.
 2021 2022 2023 2024 (projected)
Operating Income282.5M395.9M361.7M379.8M
Total Revenue2.8B3.4B3.1B3.2B

Westone Information fundamental ratios Correlations

0.10.150.920.990.240.860.66-0.90.940.990.960.980.54-0.08-0.460.950.860.60.440.710.890.950.921.0-0.03
0.10.110.37-0.010.150.40.090.280.010.14-0.080.27-0.170.00.05-0.10.26-0.120.03-0.110.17-0.030.370.040.94
0.150.110.130.140.510.24-0.06-0.13-0.020.160.110.160.090.210.280.080.34-0.050.50.03-0.060.220.140.15-0.08
0.920.370.130.860.30.860.78-0.70.880.940.820.950.540.03-0.390.820.810.550.490.70.830.781.00.90.28
0.99-0.010.140.860.190.830.59-0.940.930.970.970.950.51-0.13-0.470.960.840.590.390.690.880.980.860.99-0.14
0.240.150.510.30.190.240.09-0.140.190.290.170.250.330.30.00.180.390.130.850.0-0.010.180.320.230.11
0.860.40.240.860.830.240.59-0.660.690.830.750.920.18-0.09-0.050.680.950.250.370.670.860.840.850.820.29
0.660.09-0.060.780.590.090.59-0.570.670.660.620.670.420.19-0.130.60.490.350.320.880.620.490.780.640.08
-0.90.28-0.13-0.7-0.94-0.14-0.66-0.57-0.87-0.86-0.98-0.8-0.490.150.47-0.95-0.67-0.58-0.35-0.72-0.74-0.92-0.7-0.930.41
0.940.01-0.020.880.930.190.690.67-0.870.960.930.880.72-0.12-0.660.970.690.80.460.640.770.830.880.95-0.1
0.990.140.160.940.970.290.830.66-0.860.960.940.970.62-0.03-0.510.940.840.660.50.660.850.910.940.990.01
0.96-0.080.110.820.970.170.750.62-0.980.930.940.890.5-0.17-0.520.980.740.610.370.730.820.950.820.98-0.21
0.980.270.160.950.950.250.920.67-0.80.880.970.890.460.0-0.370.860.90.490.40.690.920.910.950.950.14
0.54-0.170.090.540.510.330.180.42-0.490.720.620.50.460.17-0.670.640.290.890.630.210.270.370.560.56-0.24
-0.080.00.210.03-0.130.3-0.090.190.15-0.12-0.03-0.170.00.170.18-0.20.05-0.240.12-0.06-0.05-0.150.04-0.12-0.02
-0.460.050.28-0.39-0.470.0-0.05-0.130.47-0.66-0.51-0.52-0.37-0.670.18-0.62-0.06-0.79-0.10.02-0.26-0.35-0.4-0.490.16
0.95-0.10.080.820.960.180.680.6-0.950.970.940.980.860.64-0.2-0.620.680.760.440.670.760.90.820.97-0.23
0.860.260.340.810.840.390.950.49-0.670.690.840.740.90.290.05-0.060.680.280.490.580.820.860.810.830.16
0.6-0.12-0.050.550.590.130.250.35-0.580.80.660.610.490.89-0.24-0.790.760.280.50.230.340.460.560.64-0.21
0.440.030.50.490.390.850.370.32-0.350.460.50.370.40.630.12-0.10.440.490.50.250.150.330.510.45-0.03
0.71-0.110.030.70.690.00.670.88-0.720.640.660.730.690.21-0.060.020.670.580.230.250.710.670.690.71-0.11
0.890.17-0.060.830.88-0.010.860.62-0.740.770.850.820.920.27-0.05-0.260.760.820.340.150.710.870.820.860.12
0.95-0.030.220.780.980.180.840.49-0.920.830.910.950.910.37-0.15-0.350.90.860.460.330.670.870.780.95-0.18
0.920.370.141.00.860.320.850.78-0.70.880.940.820.950.560.04-0.40.820.810.560.510.690.820.780.90.27
1.00.040.150.90.990.230.820.64-0.930.950.990.980.950.56-0.12-0.490.970.830.640.450.710.860.950.9-0.1
-0.030.94-0.080.28-0.140.110.290.080.41-0.10.01-0.210.14-0.24-0.020.16-0.230.16-0.21-0.03-0.110.12-0.180.27-0.1
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Westone Information Account Relationship Matchups

Westone Information fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.0B6.5B7.1B7.6B7.6B8.0B
Short Long Term Debt Total127.7M195.9M14.0M85.4M78.8M154.1M
Other Current Liab11.3M1.4M13.0M156.9M11.2M10.7M
Total Current Liabilities1.3B1.7B2.0B2.2B2.0B2.1B
Total Stockholder Equity4.6B4.7B5.0B5.2B5.5B5.8B
Other Liab39.1M29.7M28.2M54.1M62.3M37.9M
Property Plant And Equipment Net1.5B1.5B1.4B1.5B1.4B724.4M
Current Deferred Revenue93.4M314.0M742.2M489.6M373.9M248.5M
Net Debt(1.4B)(1.8B)(2.6B)(2.0B)(2.5B)(2.4B)
Retained Earnings1.1B1.2B1.4B1.7B2.0B2.1B
Accounts Payable1.1B1.2B1.2B1.5B1.6B1.7B
Cash1.5B2.0B2.7B2.1B2.6B2.7B
Non Current Assets Total1.9B1.9B1.9B2.0B2.0B2.1B
Non Currrent Assets Other62.5M9.7M8.7M721.6M713.3M749.0M
Cash And Short Term Investments1.5B2.0B2.7B2.8B3.3B3.4B
Net Receivables2.2B2.0B1.4B2.0B2.0B1.1B
Short Term Investments(215.4K)(4.3K)(6.3M)700M805M845.3M
Liabilities And Stockholders Equity6.0B6.5B7.1B7.6B7.6B8.0B
Non Current Liabilities Total39.1M29.7M34.7M105.2M88.1M44.6M
Inventory290.5M475.5M968.5M656.6M333.3M244.4M
Other Current Assets70.7M91.9M74.5M51.7M54.0M56.7M
Other Stockholder Equity2.5B2.5B2.6B2.5B2.5B2.6B
Total Liab1.4B1.8B2.0B2.3B2.1B2.2B
Total Current Assets4.1B4.5B5.1B5.6B5.6B5.9B
Short Term Debt127.7M186.9M7.5M34.3M40.6M38.6M
Intangible Assets195.2M274.2M263.5M270.2M280.8M294.8M
Property Plant Equipment1.5B1.5B1.4B1.5B1.7B1.8B
Net Tangible Assets4.5B4.5B4.9B5.1B5.9B4.2B
Deferred Long Term Liab97.8M103.4M86.0M149.5M171.9M180.5M
Net Invested Capital4.6B4.7B5.0B5.2B5.5B5.3B
Net Working Capital2.8B2.8B3.1B3.3B3.6B3.3B

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Other Information on Investing in Westone Stock

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