Westbridge Retained Earnings vs Current Deferred Revenue Analysis

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Westbridge Energy financial indicator trend analysis is more than just analyzing Westbridge Energy current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Westbridge Energy is a good investment. Please check the relationship between Westbridge Energy Retained Earnings and its Current Deferred Revenue accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westbridge Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Retained Earnings vs Current Deferred Revenue

Retained Earnings vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Westbridge Energy Retained Earnings account and Current Deferred Revenue. At this time, the significance of the direction appears to have strong relationship.

The correlation between Westbridge Energy's Retained Earnings and Current Deferred Revenue is 0.71. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Westbridge Energy, assuming nothing else is changed. The correlation between historical values of Westbridge Energy's Retained Earnings and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Westbridge Energy are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Retained Earnings i.e., Westbridge Energy's Retained Earnings and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.71

Relationship Direction	Positive
Relationship Strength	Significant

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Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Most indicators from Westbridge Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Westbridge Energy 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 Westbridge Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Westbridge Energy's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 38.88 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 357.2 K in 2024.

Westbridge Energy fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Short Long Term Debt Total	Non Current Liabilities Total	Other Liab	Net Tangible Assets	Non Currrent Assets Other	Long Term Investments	Common Stock	Property Plant Equipment	Current Deferred Revenue
Total Assets		0.99	0.51	0.15	0.97	0.47	0.88	0.66	0.98	0.66	0.97	0.85	0.99	-0.16	0.99	0.99	0.98	0.99	0.99	0.06	-0.11	0.51	-0.94	-0.45	-0.1	0.76
Total Current Liabilities	0.99		0.36	0.03	1.0	0.39	0.87	0.54	0.94	0.54	0.99	0.83	1.0	-0.25	1.0	1.0	1.0	1.0	1.0	0.11	-0.22	0.52	-0.95	-0.39	-0.21	0.72
Total Stockholder Equity	0.51	0.36		0.68	0.29	0.61	0.41	0.87	0.6	0.87	0.36	0.48	0.36	0.36	0.36	0.43	0.33	0.36	0.37	-0.25	0.51	0.15	-0.34	-0.44	0.52	0.51
Property Plant And Equipment Net	0.15	0.03	0.68		-0.02	0.23	0.04	0.51	0.32	0.51	0.01	-0.11	0.03	0.7	0.03	0.08	0.0	0.03	0.02	-0.29	0.95	-0.34	-0.02	0.1	0.96	-0.11
Net Debt	0.97	1.0	0.29	-0.02		0.34	0.86	0.47	0.92	0.47	0.98	0.81	1.0	-0.27	1.0	0.98	1.0	1.0	1.0	0.13	-0.25	0.51	-0.95	-0.36	-0.25	0.69
Retained Earnings	0.47	0.39	0.61	0.23	0.34		0.37	0.75	0.52	0.75	0.38	0.59	0.39	-0.09	0.39	0.45	0.37	0.4	0.42	-0.32	0.16	0.28	-0.37	-0.93	0.16	0.71
Accounts Payable	0.88	0.87	0.41	0.04	0.86	0.37		0.53	0.87	0.53	0.84	0.83	0.87	-0.13	0.87	0.87	0.84	0.87	0.88	0.31	-0.2	0.29	-0.83	-0.39	-0.2	0.75
Cash	0.66	0.54	0.87	0.51	0.47	0.75	0.53		0.72	1.0	0.54	0.62	0.55	0.12	0.54	0.62	0.52	0.55	0.55	-0.22	0.34	0.36	-0.52	-0.63	0.34	0.74
Non Current Assets Total	0.98	0.94	0.6	0.32	0.92	0.52	0.87	0.72		0.72	0.93	0.83	0.94	-0.05	0.94	0.96	0.93	0.95	0.95	0.0	0.06	0.43	-0.9	-0.43	0.07	0.73
Cash And Short Term Investments	0.66	0.54	0.87	0.51	0.47	0.75	0.53	1.0	0.72		0.54	0.62	0.55	0.12	0.54	0.62	0.52	0.55	0.55	-0.22	0.34	0.36	-0.52	-0.63	0.34	0.74
Net Receivables	0.97	0.99	0.36	0.01	0.98	0.38	0.84	0.54	0.93	0.54		0.84	0.99	-0.26	0.99	0.98	0.98	0.99	0.99	0.09	-0.23	0.57	-0.94	-0.38	-0.23	0.72
Common Stock Shares Outstanding	0.85	0.83	0.48	-0.11	0.81	0.59	0.83	0.62	0.83	0.62	0.84		0.82	-0.4	0.83	0.84	0.82	0.83	0.84	0.02	-0.34	0.7	-0.78	-0.66	-0.33	0.95
Other Current Assets	0.99	1.0	0.36	0.03	1.0	0.39	0.87	0.55	0.94	0.55	0.99	0.82		-0.24	1.0	1.0	1.0	1.0	1.0	0.11	-0.21	0.51	-0.95	-0.4	-0.2	0.72
Other Stockholder Equity	-0.16	-0.25	0.36	0.7	-0.27	-0.09	-0.13	0.12	-0.05	0.12	-0.26	-0.4	-0.24		-0.25	-0.21	-0.27	-0.24	-0.25	0.12	0.73	-0.59	0.23	0.32	0.72	-0.4
Total Liab	0.99	1.0	0.36	0.03	1.0	0.39	0.87	0.54	0.94	0.54	0.99	0.83	1.0	-0.25		1.0	1.0	1.0	1.0	0.11	-0.22	0.52	-0.95	-0.4	-0.21	0.73
Total Current Assets	0.99	1.0	0.43	0.08	0.98	0.45	0.87	0.62	0.96	0.62	0.98	0.84	1.0	-0.21	1.0		0.99	1.0	0.99	0.08	-0.16	0.52	-0.95	-0.44	-0.16	0.76
Other Current Liab	0.98	1.0	0.33	0.0	1.0	0.37	0.84	0.52	0.93	0.52	0.98	0.82	1.0	-0.27	1.0	0.99		1.0	0.99	0.09	-0.24	0.55	-0.95	-0.39	-0.23	0.71
Short Long Term Debt Total	0.99	1.0	0.36	0.03	1.0	0.4	0.87	0.55	0.95	0.55	0.99	0.83	1.0	-0.24	1.0	1.0	1.0		1.0	0.11	-0.21	0.52	-0.95	-0.4	-0.21	0.72
Non Current Liabilities Total	0.99	1.0	0.37	0.02	1.0	0.42	0.88	0.55	0.95	0.55	0.99	0.84	1.0	-0.25	1.0	0.99	0.99	1.0		0.11	-0.22	0.52	-0.95	-0.42	-0.22	0.74
Other Liab	0.06	0.11	-0.25	-0.29	0.13	-0.32	0.31	-0.22	0.0	-0.22	0.09	0.02	0.11	0.12	0.11	0.08	0.09	0.11	0.11		-0.33	-0.15	-0.16	0.23	-0.33	-0.01
Net Tangible Assets	-0.11	-0.22	0.51	0.95	-0.25	0.16	-0.2	0.34	0.06	0.34	-0.23	-0.34	-0.21	0.73	-0.22	-0.16	-0.24	-0.21	-0.22	-0.33		-0.5	0.2	0.18	1.0	-0.32
Non Currrent Assets Other	0.51	0.52	0.15	-0.34	0.51	0.28	0.29	0.36	0.43	0.36	0.57	0.7	0.51	-0.59	0.52	0.52	0.55	0.52	0.52	-0.15	-0.5		-0.49	-0.43	-0.49	0.69
Long Term Investments	-0.94	-0.95	-0.34	-0.02	-0.95	-0.37	-0.83	-0.52	-0.9	-0.52	-0.94	-0.78	-0.95	0.23	-0.95	-0.95	-0.95	-0.95	-0.95	-0.16	0.2	-0.49		0.34	0.19	-0.68
Common Stock	-0.45	-0.39	-0.44	0.1	-0.36	-0.93	-0.39	-0.63	-0.43	-0.63	-0.38	-0.66	-0.4	0.32	-0.4	-0.44	-0.39	-0.4	-0.42	0.23	0.18	-0.43	0.34		0.18	-0.8
Property Plant Equipment	-0.1	-0.21	0.52	0.96	-0.25	0.16	-0.2	0.34	0.07	0.34	-0.23	-0.33	-0.2	0.72	-0.21	-0.16	-0.23	-0.21	-0.22	-0.33	1.0	-0.49	0.19	0.18		-0.31
Current Deferred Revenue	0.76	0.72	0.51	-0.11	0.69	0.71	0.75	0.74	0.73	0.74	0.72	0.95	0.72	-0.4	0.73	0.76	0.71	0.72	0.74	-0.01	-0.32	0.69	-0.68	-0.8	-0.31

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Westbridge Energy Account Relationship Matchups

Westbridge Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	13.4K	655.6K	4.9M	7.7M	57.8M	60.7M
Total Current Liabilities	642.5K	84.4K	425.3K	762.9K	46.3M	48.6M
Total Stockholder Equity	(629.1K)	571.2K	4.4M	6.4M	5.8M	6.1M
Net Debt	(8.5K)	(390.8K)	(3.2M)	(1.2M)	34.4M	36.1M
Retained Earnings	(30.0M)	(29.3M)	(3.7M)	(6.0M)	(9.1M)	(9.6M)
Cash	8.5K	390.8K	3.2M	1.6M	2.8M	3.0M
Cash And Short Term Investments	8.5K	390.8K	3.2M	1.6M	2.8M	3.0M
Net Receivables	412.0	255.9K	21.4K	86.1K	1.2M	1.2M
Common Stock Shares Outstanding	8.0M	11.3M	35.0M	83.7M	98.0M	102.9M
Liabilities And Stockholders Equity	13.4K	655.6K	4.9M	7.7M	57.8M	60.7M
Total Liab	642.5K	84.4K	429.0K	1.2M	51.8M	54.4M
Total Current Assets	13.4K	655.6K	3.3M	1.8M	33.9M	35.6M
Other Current Liab	642.5K	84.4K	196.8K	144.8K	6.4M	6.8M
Common Stock	26.5M	27.0M	7.6M	11.0M	12.5M	15.9M

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