Western Net Receivables vs Common Stock Shares Outstanding Analysis

002673 Stock

7.76 0.02 0.26%

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 Net Receivables and its Common Stock Shares Outstanding 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.

Net Receivables vs Common Stock Shares Outstanding

Net Receivables vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Western Securities Net Receivables account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.

The correlation between Western Securities' Net Receivables and Common Stock Shares Outstanding is 0.64. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Common Stock Shares Outstanding 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' Net Receivables and Common Stock Shares Outstanding 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 Receivables of Western Securities Co are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Receivables i.e., Western Securities' Net Receivables and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.64

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Receivables

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

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 January 18, 2025, Selling General Administrative is expected to decline to about 371.1 M. In addition to that, Tax Provision is expected to decline to about 281.2 M

	2024	2025 (projected)
Operating Income	864.2M	1.0B
Total Revenue	7.9B	8.3B

Operating Income Total Revenue

Western Securities fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Liab	Retained Earnings	Cash	Other Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Good Will	Short Term Investments	Other Current Liab	Total Current Liabilities	Net Tangible Assets	Long Term Debt	Net Receivables	Other Current Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Accounts Payable	Net Debt	Common Stock Shares Outstanding	Net Invested Capital
Total Assets		0.96	-0.68	0.51	0.75	-0.25	0.99	0.82	0.82	0.9	-0.59	0.54	-0.45	0.47	0.83	-0.74	0.26	0.85	-0.77	0.75	0.88	0.73	0.45	-0.59	0.82	0.79
Total Stockholder Equity	0.96		-0.73	0.62	0.83	-0.31	0.92	0.82	0.88	0.85	-0.55	0.44	-0.56	0.37	0.9	-0.84	0.16	0.79	-0.85	0.78	0.9	0.71	0.35	-0.55	0.77	0.76
Other Liab	-0.68	-0.73		-0.66	-0.6	0.79	-0.64	-0.68	-0.78	-0.43	0.22	-0.66	0.21	-0.01	-0.56	0.55	0.21	-0.35	0.76	-0.54	-0.6	-0.32	-0.02	0.22	-0.37	-0.37
Retained Earnings	0.51	0.62	-0.66		0.62	-0.3	0.45	0.57	0.71	0.27	-0.05	0.55	-0.24	-0.13	0.52	-0.52	-0.29	0.18	-0.71	0.44	0.45	0.22	-0.23	-0.05	0.2	0.1
Cash	0.75	0.83	-0.6	0.62		-0.31	0.7	0.7	0.88	0.66	-0.17	0.27	-0.43	0.41	0.91	-0.75	0.2	0.61	-0.81	0.67	0.86	0.74	0.17	-0.17	0.67	0.73
Other Assets	-0.25	-0.31	0.79	-0.3	-0.31		-0.22	-0.21	-0.39	-0.14	0.07	-0.32	-0.02	0.04	-0.22	0.17	0.13	-0.11	0.35	-0.24	-0.25	-0.1	0.07	0.07	-0.12	-0.13
Total Liab	0.99	0.92	-0.64	0.45	0.7	-0.22		0.81	0.78	0.9	-0.59	0.57	-0.39	0.51	0.78	-0.68	0.29	0.85	-0.71	0.72	0.86	0.73	0.49	-0.59	0.83	0.79
Intangible Assets	0.82	0.82	-0.68	0.57	0.7	-0.21	0.81		0.9	0.64	-0.21	0.6	-0.41	0.38	0.8	-0.7	0.14	0.57	-0.76	0.76	0.84	0.66	0.2	-0.21	0.68	0.7
Common Stock	0.82	0.88	-0.78	0.71	0.88	-0.39	0.78	0.9		0.63	-0.14	0.56	-0.51	0.33	0.9	-0.79	0.09	0.56	-0.86	0.8	0.88	0.69	0.06	-0.14	0.65	0.69
Property Plant Equipment	0.9	0.85	-0.43	0.27	0.66	-0.14	0.9	0.64	0.63		-0.63	0.2	-0.52	0.71	0.81	-0.69	0.52	0.99	-0.58	0.76	0.88	0.86	0.6	-0.63	0.95	0.86
Good Will	-0.59	-0.55	0.22	-0.05	-0.17	0.07	-0.59	-0.21	-0.14	-0.63		-0.09	0.19	-0.19	-0.29	0.34	-0.16	-0.62	0.28	-0.26	-0.34	-0.27	-0.67	1.0	-0.51	-0.4
Short Term Investments	0.54	0.44	-0.66	0.55	0.27	-0.32	0.57	0.6	0.56	0.2	-0.09		0.13	-0.05	0.22	-0.13	-0.14	0.12	-0.38	0.25	0.28	0.1	-0.04	-0.09	0.15	0.14
Other Current Liab	-0.45	-0.56	0.21	-0.24	-0.43	-0.02	-0.39	-0.41	-0.51	-0.52	0.19	0.13		-0.38	-0.69	0.84	-0.23	-0.51	0.42	-0.59	-0.56	-0.6	-0.18	0.19	-0.54	-0.54
Total Current Liabilities	0.47	0.37	-0.01	-0.13	0.41	0.04	0.51	0.38	0.33	0.71	-0.19	-0.05	-0.38		0.57	-0.36	0.89	0.77	-0.07	0.46	0.62	0.89	0.55	-0.19	0.84	0.79
Net Tangible Assets	0.83	0.9	-0.56	0.52	0.91	-0.22	0.78	0.8	0.9	0.81	-0.29	0.22	-0.69	0.57		-0.87	0.37	0.77	-0.76	0.83	0.95	0.88	0.27	-0.29	0.84	0.87
Long Term Debt	-0.74	-0.84	0.55	-0.52	-0.75	0.17	-0.68	-0.7	-0.79	-0.69	0.34	-0.13	0.84	-0.36	-0.87		-0.05	-0.65	0.82	-0.73	-0.82	-0.68	-0.26	0.34	-0.68	-0.68
Net Receivables	0.26	0.16	0.21	-0.29	0.2	0.13	0.29	0.14	0.09	0.52	-0.16	-0.14	-0.23	0.89	0.37	-0.05		0.59	0.26	0.25	0.35	0.72	0.5	-0.16	0.64	0.64
Other Current Assets	0.85	0.79	-0.35	0.18	0.61	-0.11	0.85	0.57	0.56	0.99	-0.62	0.12	-0.51	0.77	0.77	-0.65	0.59		-0.49	0.7	0.84	0.87	0.66	-0.62	0.95	0.86
Other Stockholder Equity	-0.77	-0.85	0.76	-0.71	-0.81	0.35	-0.71	-0.76	-0.86	-0.58	0.28	-0.38	0.42	-0.07	-0.76	0.82	0.26	-0.49		-0.71	-0.8	-0.46	-0.04	0.28	-0.51	-0.5
Deferred Long Term Liab	0.75	0.78	-0.54	0.44	0.67	-0.24	0.72	0.76	0.8	0.76	-0.26	0.25	-0.59	0.46	0.83	-0.73	0.25	0.7	-0.71		0.89	0.73	0.11	-0.26	0.78	0.71
Long Term Investments	0.88	0.9	-0.6	0.45	0.86	-0.25	0.86	0.84	0.88	0.88	-0.34	0.28	-0.56	0.62	0.95	-0.82	0.35	0.84	-0.8	0.89		0.88	0.34	-0.34	0.9	0.88
Total Current Assets	0.73	0.71	-0.32	0.22	0.74	-0.1	0.73	0.66	0.69	0.86	-0.27	0.1	-0.6	0.89	0.88	-0.68	0.72	0.87	-0.46	0.73	0.88		0.47	-0.27	0.94	0.94
Accounts Payable	0.45	0.35	-0.02	-0.23	0.17	0.07	0.49	0.2	0.06	0.6	-0.67	-0.04	-0.18	0.55	0.27	-0.26	0.5	0.66	-0.04	0.11	0.34	0.47		-0.67	0.6	0.55
Net Debt	-0.59	-0.55	0.22	-0.05	-0.17	0.07	-0.59	-0.21	-0.14	-0.63	1.0	-0.09	0.19	-0.19	-0.29	0.34	-0.16	-0.62	0.28	-0.26	-0.34	-0.27	-0.67		-0.51	-0.4
Common Stock Shares Outstanding	0.82	0.77	-0.37	0.2	0.67	-0.12	0.83	0.68	0.65	0.95	-0.51	0.15	-0.54	0.84	0.84	-0.68	0.64	0.95	-0.51	0.78	0.9	0.94	0.6	-0.51		0.92
Net Invested Capital	0.79	0.76	-0.37	0.1	0.73	-0.13	0.79	0.7	0.69	0.86	-0.4	0.14	-0.54	0.79	0.87	-0.68	0.64	0.86	-0.5	0.71	0.88	0.94	0.55	-0.4	0.92

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Western Securities Account Relationship Matchups

Western Securities fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	63.9B	85.1B	95.8B	96.2B	110.7B	116.2B
Total Stockholder Equity	26.0B	27.1B	27.0B	27.9B	32.1B	33.7B
Other Liab	837.5M	1.3B	1.2B	1.5B	1.4B	1.3B
Retained Earnings	5.6B	6.6B	2.7B	3.3B	3.8B	3.8B
Cash	32.6B	29.0B	27.3B	26.9B	30.9B	16.1B
Other Assets	591.9M	1.3B	874.0M	1.0B	924.1M	1.1B
Total Liab	37.8B	57.9B	68.6B	68.1B	78.3B	82.2B
Intangible Assets	170.7M	184.5M	204.8M	231.6M	266.3M	142.6M
Property Plant Equipment	234.7M	223.4M	253.1M	910.9M	1.0B	1.1B
Other Current Liab	1.2B	1.2B	1.0B	985.3M	886.8M	1.4B
Total Current Liabilities	29.6B	25.7B	31.0B	51.1B	58.8B	37.1B
Net Tangible Assets	17.2B	17.5B	25.8B	26.9B	30.9B	20.3B
Net Receivables	4.4B	4.8B	6.7B	8.8B	10.1B	7.2B
Other Current Assets	3.5B	4.5B	5.2B	27.8B	32.0B	33.6B
Other Stockholder Equity	(87.3M)	(17.9M)	(20.4M)	(11.0M)	(9.9M)	(9.4M)
Deferred Long Term Liab	85.1M	66.8M	46.6M	106.7M	122.7M	75.3M
Long Term Investments	28.8B	51.8B	57.7B	59.3B	68.2B	37.2B
Total Current Assets	47.7B	46.0B	61.7B	82.6B	95.0B	60.2B
Accounts Payable	217.3M	277.0M	314.3M	547.9M	630.1M	661.6M
Net Invested Capital	34.6B	33.8B	51.8B	50.7B	58.3B	37.4B
Property Plant And Equipment Net	253.1M	910.9M	896.3M	984.3M	1.1B	719.0M
Property Plant And Equipment Gross	527.3M	1.2B	1.2B	1.3B	1.5B	1.0B

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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.

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Western Net Receivables vs Common Stock Shares Outstanding Analysis

Net Receivables vs Common Stock Shares Outstanding

Net Receivables vs Common Stock Shares Outstanding Correlation Analysis

Correlation Coefficient

Net Receivables

Common Stock Shares Outstanding

Western Securities fundamental ratios Correlations

Western Securities Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Western Securities fundamental ratios Accounts

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Other Information on Investing in Western Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Good Will
Total Liab	+ 0.99	Total Assets
Other Current Assets	+ 0.99	Property Plant Equipment
Total Stockholder Equity	+ 0.96	Total Assets
Common Stock Shares Outstanding	+ 0.95	Property Plant Equipment
Long Term Investments	+ 0.95	Net Tangible Assets

Long Term Debt	- 0.87	Net Tangible Assets
Other Stockholder Equity	- 0.86	Common Stock
Other Stockholder Equity	- 0.85	Total Stockholder Equity
Long Term Debt	- 0.84	Total Stockholder Equity
Long Term Investments	- 0.82	Long Term Debt
Other Stockholder Equity	- 0.81	Cash