Washington Long Term Debt vs Short Long Term Debt Total Analysis

WASH Stock  USD 37.14  0.18  0.48%   
Washington Trust financial indicator trend analysis is more than just analyzing Washington Trust Bancorp current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Washington Trust Bancorp is a good investment. Please check the relationship between Washington Trust Long Term Debt and its Short Long Term Debt Total accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Washington Trust Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Long Term Debt vs Short Long Term Debt Total

Long Term Debt vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Washington Trust Bancorp Long Term Debt account and Short Long Term Debt Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Washington Trust's Long Term Debt and Short Long Term Debt Total is 0.59. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Washington Trust Bancorp, assuming nothing else is changed. The correlation between historical values of Washington Trust's Long Term Debt and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Washington Trust Bancorp are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Long Term Debt i.e., Washington Trust's Long Term Debt and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.59
Relationship DirectionPositive 
Relationship StrengthWeak

Long Term Debt

Long-term debt is a debt that Washington Trust Bancorp has held for over one year. Long-term debt appears on Washington Trust Bancorp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Washington Trust Bancorp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Short Long Term Debt Total

Most indicators from Washington Trust's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Washington Trust Bancorp 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 Washington Trust Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
As of now, Washington Trust's Tax Provision is decreasing as compared to previous years. The Washington Trust's current Enterprise Value is estimated to increase to about 973.6 M, while Selling General Administrative is projected to decrease to under 44.3 M.
 2021 2022 2023 2024 (projected)
EBIT98.2M91.2M56.5M75.7M
Operating Income98.2M129.6M72.7M77.1M

Washington Trust fundamental ratios Correlations

0.580.860.480.350.580.660.01-0.070.520.59-0.010.970.240.160.40.420.060.480.350.430.890.880.550.48-0.08
0.580.670.730.720.990.530.650.460.810.34-0.340.550.560.85-0.340.780.750.610.440.320.780.790.590.980.66
0.860.670.780.290.70.870.03-0.160.360.77-0.270.930.010.290.10.380.070.420.20.490.810.80.760.6-0.02
0.480.730.780.370.780.750.270.080.30.5-0.280.570.050.62-0.530.440.410.560.10.250.610.610.780.730.4
0.350.720.290.370.660.030.630.490.80.04-0.180.290.740.66-0.190.990.760.280.260.50.580.580.10.620.6
0.580.990.70.780.660.580.60.390.750.4-0.370.560.490.83-0.360.720.70.620.410.310.760.770.630.980.63
0.660.530.870.750.030.58-0.1-0.270.070.77-0.180.74-0.30.22-0.060.13-0.10.230.080.270.540.530.880.49-0.14
0.010.650.030.270.630.6-0.10.950.67-0.42-0.17-0.10.620.9-0.460.620.870.360.710.170.430.440.150.710.8
-0.070.46-0.160.080.490.39-0.270.950.57-0.650.01-0.220.60.77-0.380.470.780.340.780.060.330.340.00.520.72
0.520.810.360.30.80.750.070.670.570.03-0.190.410.910.66-0.010.80.780.60.470.240.730.740.190.770.67
0.590.340.770.50.040.40.77-0.42-0.650.03-0.320.73-0.25-0.120.20.11-0.280.04-0.330.320.330.330.520.26-0.31
-0.01-0.34-0.27-0.28-0.18-0.37-0.18-0.170.01-0.19-0.32-0.13-0.1-0.260.15-0.21-0.2-0.050.06-0.47-0.11-0.11-0.03-0.36-0.2
0.970.550.930.570.290.560.74-0.1-0.220.410.73-0.130.110.090.380.36-0.040.420.20.480.840.830.60.44-0.16
0.240.560.010.050.740.49-0.30.620.60.91-0.25-0.10.110.53-0.050.710.810.570.320.060.490.49-0.140.540.73
0.160.850.290.620.660.830.220.90.770.66-0.12-0.260.090.53-0.660.680.90.520.560.160.520.530.420.890.86
0.4-0.340.1-0.53-0.19-0.36-0.06-0.46-0.38-0.010.20.150.38-0.05-0.66-0.19-0.59-0.290.030.260.120.12-0.23-0.43-0.7
0.420.780.380.440.990.720.130.620.470.80.11-0.210.360.710.68-0.190.750.310.280.520.630.630.190.670.59
0.060.750.070.410.760.7-0.10.870.780.78-0.28-0.2-0.040.810.9-0.590.750.590.40.040.440.450.130.780.97
0.480.610.420.560.280.620.230.360.340.60.04-0.050.420.570.52-0.290.310.590.32-0.190.650.650.350.650.63
0.350.440.20.10.260.410.080.710.780.47-0.330.060.20.320.560.030.280.40.320.250.570.570.210.480.29
0.430.320.490.250.50.310.270.170.060.240.32-0.470.480.060.160.260.520.04-0.190.250.460.460.140.21-0.16
0.890.780.810.610.580.760.540.430.330.730.33-0.110.840.490.520.120.630.440.650.570.461.00.570.720.29
0.880.790.80.610.580.770.530.440.340.740.33-0.110.830.490.530.120.630.450.650.570.461.00.570.720.3
0.550.590.760.780.10.630.880.150.00.190.52-0.030.6-0.140.42-0.230.190.130.350.210.140.570.570.60.1
0.480.980.60.730.620.980.490.710.520.770.26-0.360.440.540.89-0.430.670.780.650.480.210.720.720.60.73
-0.080.66-0.020.40.60.63-0.140.80.720.67-0.31-0.2-0.160.730.86-0.70.590.970.630.29-0.160.290.30.10.73
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Washington Trust Account Relationship Matchups

Washington Trust fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding17.4M17.4M17.5M17.4M17.1M15.1M
Total Assets5.3B5.7B5.9B6.7B7.2B7.6B
Total Stockholder Equity503.5M534.2M564.8M453.7M472.7M246.4M
Property Plant And Equipment Net55.5M58.4M55.6M58.7M61.7M31.2M
Net Debt1.1B454.1M21.4M916.7M1.2B1.2B
Retained Earnings390.4M418.2M458.3M492.0M501.9M527.0M
Cash132.2M194.1M175.3M115.5M86.8M66.4M
Non Current Assets Total1.0B1.0B1.2B130.1M7.1B7.5B
Non Currrent Assets Other(23.6M)(32.5M)(31.7M)(1.1B)6.8B7.1B
Other Assets3.2B3.6B3.5B6.4B7.4B7.7B
Cash And Short Term Investments1.0B1.1B1.2B1.1B90.2M85.7M
Liabilities And Stockholders Equity5.3B5.7B5.9B6.7B7.2B7.6B
Other Stockholder Equity123.3M122.3M125.4M118.3M110.8M60.9M
Total Liab1.2B648.3M196.7M6.2B6.7B7.1B
Property Plant And Equipment Gross55.5M58.4M55.6M58.7M108.0M113.4M
Total Current Assets1.0B1.1B1.2B119.9M90.2M85.7M
Short Long Term Debt Total1.2B648.3M196.7M1.0B1.2B1.3B
Non Current Liabilities Total1.2B648.3M196.7M4.5B6.7B7.1B
Other Current Liab1.3B1.7B3.2B5.0B4.6B2.6B
Total Current Liabilities2.3B2.2B3.3B29.6M4.6B4.9B
Short Term Debt976.5M521.1M114.0M29.6M554.2M314.0M
Accumulated Other Comprehensive Income(11.2M)(7.4M)(20.0M)(157.8M)(141.2M)(134.1M)
Other Liab67.9M152.4M109.6M79.2M91.0M56.8M
Accounts Payable3.5B4.4B5.0B5.0B5.8B6.1B
Short Term Investments905.8M902.7M1.0B996.9M3.4M3.2M
Property Plant Equipment28.7M28.9M55.6M31.6M36.3M30.4M
Other Current Assets143.0M220.8M197.7M(992.4M)122.3M116.2M
Intangible Assets7.2M6.3M5.4M4.6M3.7M6.7M
Net Tangible Assets432.4M464.0M495.5M385.2M443.0M376.5M
Retained Earnings Total Equity390.4M418.2M458.3M492.0M565.8M356.9M
Capital Surpluse123.3M125.6M126.5M127.1M146.1M123.3M
Deferred Long Term Liab905K1.5M1.9M2.1M2.4M2.5M

Currently Active Assets on Macroaxis

When determining whether Washington Trust Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Washington Trust's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Washington Trust Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Washington Trust Bancorp Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Washington Trust Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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 Washington Trust. If investors know Washington 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 Washington Trust 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
(0.01)
Dividend Share
2.24
Earnings Share
2.67
Revenue Per Share
11.087
Quarterly Revenue Growth
(0)
The market value of Washington Trust Bancorp is measured differently than its book value, which is the value of Washington that is recorded on the company's balance sheet. Investors also form their own opinion of Washington Trust's value that differs from its market value or its book value, called intrinsic value, which is Washington Trust'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 Washington Trust's market value can be influenced by many factors that don't directly affect Washington Trust'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 Washington Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if Washington Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Washington Trust'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.