Western Short Term Investments vs Long Term Investments Analysis
WAL Stock | USD 93.50 0.53 0.56% |
Western Alliance financial indicator trend analysis is more than just analyzing Western Alliance Ban current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Western Alliance Ban is a good investment. Please check the relationship between Western Alliance Short Term Investments and its Long Term Investments accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Alliance Bancorporation. 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.
Short Term Investments vs Long Term Investments
Short Term Investments vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Western Alliance Ban Short Term Investments account and Long Term Investments. At this time, the significance of the direction appears to have very week relationship.
The correlation between Western Alliance's Short Term Investments and Long Term Investments is 0.29. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Western Alliance Bancorporation, assuming nothing else is changed. The correlation between historical values of Western Alliance's Short Term Investments and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Western Alliance Bancorporation are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Short Term Investments i.e., Western Alliance's Short Term Investments and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Short Term Investments
Short Term Investments is an item under the current assets section of Western Alliance balance sheet. It contains any investments Western Alliance Bancorporation undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Western Alliance Ban can easily liquidate in the marketplace.Long Term Investments
Long Term Investments is an item on the asset side of Western Alliance balance sheet that represents investments Western Alliance Ban intends to hold for over a year. Western Alliance Bancorporation long term investments may include different instruments such as stocks, bonds, real estate and cash.Most indicators from Western Alliance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Western Alliance Ban 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Alliance Bancorporation. 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. At this time, Western Alliance's Selling General Administrative is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.46 this year, although the value of Tax Provision will most likely fall to about 157.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 1.8B | 2.3B | 2.6B | 2.7B | Interest Expense | 109.9M | 475.5M | 1.7B | 1.8B |
Western Alliance fundamental ratios Correlations
Click cells to compare fundamentals
Western Alliance Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Western Alliance fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 103.1M | 100.5M | 103.3M | 107.6M | 108.5M | 72.2M | |
Total Assets | 26.8B | 36.5B | 56.0B | 67.7B | 70.9B | 74.4B | |
Total Stockholder Equity | 3.0B | 3.4B | 5.0B | 5.4B | 6.1B | 6.4B | |
Net Debt | 37.1M | (2.0B) | 2.0B | 6.3B | 6.7B | 7.1B | |
Cash | 434.6M | 2.7B | 516.4M | 1.0B | 1.6B | 1.7B | |
Other Assets | 18.5B | 23.1B | 40.1B | 59.0B | 67.8B | 71.2B | |
Cash And Short Term Investments | 3.8B | 7.4B | 6.7B | 8.1B | 11.4B | 12.0B | |
Liabilities And Stockholders Equity | 26.8B | 36.5B | 56.0B | 67.7B | 70.9B | 74.4B | |
Other Stockholder Equity | 1.3B | (71.1M) | (86.8M) | (105M) | (116M) | (110.2M) | |
Total Liab | 23.8B | 33.0B | 51.0B | 62.4B | 64.8B | 68.0B | |
Total Current Assets | 3.8B | 7.4B | 6.7B | 7.4B | 1.6B | 1.5B | |
Short Long Term Debt Total | 471.7M | 633.6M | 2.5B | 7.4B | 8.3B | 8.7B | |
Total Current Liabilities | 520.3M | 472.4M | 919.4M | 3.6B | 30.4B | 32.0B | |
Other Liab | 464.8M | 37M | 37.6M | 1.3B | 1.5B | 1.6B | |
Property Plant And Equipment Net | 198.4M | 206.6M | 314.9M | 439M | 484M | 508.2M | |
Retained Earnings | 1.7B | 2.0B | 2.8B | 3.7B | 4.2B | 4.4B | |
Accounts Payable | 520.3M | 467.4M | 867.5M | 1.4B | 1.6B | 1.6B | |
Non Current Assets Total | 4.5B | 6.0B | 9.2B | 1.4B | 69.3B | 72.8B | |
Non Currrent Assets Other | (18.0M) | (31.3M) | (20.9M) | (9.9B) | 53.7B | 56.4B | |
Long Term Debt | 393.6M | 5M | 2.4B | 7.2B | 1.3B | 770.9M | |
Short Term Investments | 3.3B | 4.7B | 6.2B | 7.1B | 11.2B | 11.7B | |
Non Current Liabilities Total | 471.7M | 633.6M | 2.5B | 58.8B | 64.8B | 68.0B | |
Other Current Assets | 450.0M | 2.7B | 826.8M | (784M) | 1.6B | 1.5B | |
Property Plant And Equipment Gross | 198.4M | 206.6M | 314.9M | 439M | 690M | 724.5M | |
Accumulated Other Comprehensive Income | 25M | 92.3M | 15.7M | (661M) | (513M) | (487.4M) | |
Short Term Debt | 29.0M | 5M | 51.9M | 52M | 6.8B | 7.2B | |
Intangible Assets | 7.7M | 8.6M | 698M | 1.1B | 1.3B | 1.3B | |
Common Stock | 1.3B | 1.3B | 1.9B | 2.1B | 2.2B | 2.3B | |
Property Plant Equipment | 125.8M | 134.1M | 314.9M | 439M | 504.9M | 530.1M | |
Good Will | 297.6M | 298.5M | 634.8M | 680M | 527M | 553.4M | |
Inventory | 13.9M | 1.4M | 11.7M | 11M | 9.9M | 9.4M | |
Other Current Liab | (520.3M) | (472.4M) | (867.5M) | (1.4B) | (6.8B) | (6.5B) | |
Retained Earnings Total Equity | 1.7B | 2.0B | 2.8B | 3.7B | 4.2B | 4.4B | |
Treasury Stock | (62.7M) | (71.1M) | (86.8M) | (105M) | (94.5M) | (89.8M) | |
Net Tangible Assets | 2.7B | 3.1B | 4.0B | 4.4B | 5.0B | 5.3B | |
Long Term Debt Total | 393.6M | 5M | 2.4B | 7.2B | 8.3B | 8.7B |
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Try AI Portfolio ArchitectCheck out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Alliance Bancorporation. 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. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Regional Banks 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 Alliance. 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 Alliance 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 (0.09) | Dividend Share 1.48 | Earnings Share 6.47 | Revenue Per Share 26.821 | Quarterly Revenue Growth 0.121 |
The market value of Western Alliance Ban 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 Alliance's value that differs from its market value or its book value, called intrinsic value, which is Western Alliance'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 Alliance's market value can be influenced by many factors that don't directly affect Western Alliance'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 Alliance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Alliance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western Alliance'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.