Western Interest Income vs Net Income Analysis

002673 Stock   8.65  0.03  0.35%   
Western Securities financial indicator trend analysis is more than just analyzing Western Securities current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Western Securities is a good investment. Please check the relationship between Western Securities Interest Income and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Western Securities Co. 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.

Interest Income vs Net Income

Interest Income vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Western Securities Interest Income account and Net Income. At this time, the significance of the direction appears to have weak relationship.
Interest IncomeNet IncomeDiversified AwayInterest IncomeNet IncomeDiversified Away100%
The correlation between Western Securities' Interest Income and Net Income is 0.37. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Net Income in the same time period over historical financial statements of Western Securities Co, assuming nothing else is changed. The correlation between historical values of Western Securities' Interest Income and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Western Securities Co are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Interest Income i.e., Western Securities' Interest Income and Net Income go up and down completely randomly.

Correlation Coefficient

0.37
Relationship DirectionPositive 
Relationship StrengthVery Weak

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Western Securities financial statement analysis. It represents the amount of money remaining after all of Western Securities Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Western Securities' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Western Securities 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 Western Securities Co. 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.
As of December 22, 2024, Selling General Administrative is expected to decline to about 412.4 M. In addition to that, Tax Provision is expected to decline to about 281.2 M
 2023 2024 (projected)
Operating Income864.2M1.0B
Total Revenue6.9B3.7B

Western Securities fundamental ratios Correlations

0.94-0.690.610.8-0.260.990.90.940.72-0.220.63-0.410.450.86-0.70.210.65-0.760.770.90.750.04-0.220.730.75
0.94-0.740.710.89-0.340.890.880.990.66-0.20.49-0.540.310.93-0.820.090.58-0.850.790.910.71-0.09-0.20.670.71
-0.69-0.74-0.66-0.60.79-0.65-0.7-0.78-0.410.23-0.660.180.04-0.550.530.25-0.330.75-0.52-0.62-0.290.20.23-0.35-0.35
0.610.71-0.660.65-0.30.540.630.720.27-0.010.54-0.23-0.170.53-0.51-0.330.17-0.720.440.50.2-0.38-0.010.170.09
0.80.89-0.60.65-0.310.740.640.860.6-0.170.27-0.380.30.88-0.710.10.54-0.810.610.840.68-0.02-0.170.60.69
-0.26-0.340.79-0.3-0.31-0.22-0.21-0.39-0.130.07-0.32-0.030.06-0.220.170.15-0.10.35-0.24-0.26-0.090.170.07-0.12-0.12
0.990.89-0.650.540.74-0.220.880.890.72-0.230.67-0.340.50.8-0.630.260.66-0.690.730.870.750.09-0.230.740.74
0.90.88-0.70.630.64-0.210.880.90.57-0.210.65-0.350.240.75-0.670.00.49-0.770.710.790.56-0.04-0.210.580.59
0.940.99-0.780.720.86-0.390.890.90.6-0.170.57-0.480.260.89-0.780.030.51-0.850.780.880.66-0.09-0.170.620.65
0.720.66-0.410.270.6-0.130.720.570.6-0.70.2-0.480.680.78-0.670.490.99-0.550.730.860.840.26-0.70.940.85
-0.22-0.20.23-0.01-0.170.07-0.23-0.21-0.17-0.7-0.090.22-0.24-0.340.38-0.19-0.70.31-0.31-0.39-0.33-0.251.0-0.57-0.47
0.630.49-0.660.540.27-0.320.670.650.570.2-0.090.14-0.070.22-0.13-0.150.11-0.380.260.30.09-0.12-0.090.140.13
-0.41-0.540.18-0.23-0.38-0.03-0.34-0.35-0.48-0.480.220.14-0.33-0.670.83-0.19-0.470.39-0.56-0.53-0.57-0.030.22-0.5-0.52
0.450.310.04-0.170.30.060.50.240.260.68-0.24-0.07-0.330.51-0.30.880.740.00.390.530.870.58-0.240.820.73
0.860.93-0.550.530.88-0.220.80.750.890.78-0.340.22-0.670.51-0.860.320.74-0.750.810.940.870.08-0.340.820.85
-0.7-0.820.53-0.51-0.710.17-0.63-0.67-0.78-0.670.38-0.130.83-0.3-0.860.0-0.620.81-0.71-0.82-0.66-0.040.38-0.66-0.65
0.210.090.25-0.330.10.150.260.00.030.49-0.19-0.15-0.190.880.320.00.560.320.190.250.70.56-0.190.620.6
0.650.58-0.330.170.54-0.10.660.490.510.99-0.70.11-0.470.740.74-0.620.56-0.460.660.810.850.34-0.70.940.85
-0.76-0.850.75-0.72-0.810.35-0.69-0.77-0.85-0.550.31-0.380.390.0-0.750.810.32-0.46-0.69-0.82-0.420.250.31-0.48-0.48
0.770.79-0.520.440.61-0.240.730.710.780.73-0.310.26-0.560.390.81-0.710.190.66-0.690.880.69-0.14-0.310.760.66
0.90.91-0.620.50.84-0.260.870.790.880.86-0.390.3-0.530.530.94-0.820.250.81-0.820.880.840.06-0.390.860.84
0.750.71-0.290.20.68-0.090.750.560.660.84-0.330.09-0.570.870.87-0.660.70.85-0.420.690.840.39-0.330.940.91
0.04-0.090.2-0.38-0.020.170.09-0.04-0.090.26-0.25-0.12-0.030.580.08-0.040.560.340.25-0.140.060.39-0.250.410.33
-0.22-0.20.23-0.01-0.170.07-0.23-0.21-0.17-0.71.0-0.090.22-0.24-0.340.38-0.19-0.70.31-0.31-0.39-0.33-0.25-0.57-0.47
0.730.67-0.350.170.6-0.120.740.580.620.94-0.570.14-0.50.820.82-0.660.620.94-0.480.760.860.940.41-0.570.89
0.750.71-0.350.090.69-0.120.740.590.650.85-0.470.13-0.520.730.85-0.650.60.85-0.480.660.840.910.33-0.470.89
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Western Securities Account Relationship Matchups

Western Securities fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets48.6B63.9B85.1B95.8B96.2B50.8B
Total Stockholder Equity17.7B26.0B27.1B27.0B27.9B15.3B
Other Liab837.5M1.3B1.2B1.5B1.4B1.3B
Retained Earnings4.7B5.6B6.6B2.7B3.3B3.8B
Cash16.4B32.6B29.0B27.3B26.9B16.1B
Other Assets591.9M1.3B874.0M1.0B924.1M1.1B
Total Liab30.9B37.8B57.9B68.6B68.1B35.5B
Intangible Assets167.0M170.7M184.5M204.8M231.6M142.6M
Property Plant Equipment234.7M223.4M253.1M910.9M1.0B1.1B
Other Current Liab1.2B1.2B1.0B985.3M886.8M1.4B
Total Current Liabilities29.6B25.7B31.0B51.1B58.8B37.1B
Net Tangible Assets17.2B17.5B25.8B26.9B30.9B20.3B
Net Receivables4.4B4.8B6.7B8.8B10.1B7.2B
Other Current Assets3.5B4.5B5.2B27.8B32.0B33.6B
Other Stockholder Equity(87.3M)(17.9M)(20.4M)(11.0M)(9.9M)(9.4M)
Deferred Long Term Liab85.1M66.8M46.6M106.7M122.7M75.3M
Long Term Investments25.1B28.8B51.8B57.7B59.3B37.2B
Total Current Assets47.7B46.0B61.7B82.6B95.0B60.2B
Accounts Payable407.1M217.3M277.0M314.3M547.9M306.6M
Net Invested Capital21.5B34.6B33.8B51.8B50.7B37.4B

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Other Information on Investing in Western Stock

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