Westbridge Total Current Liabilities vs Long Term Investments Analysis

WEB Stock

CAD 0.81 0.01 1.22%

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 Total Current Liabilities and its Long Term Investments 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.

Total Current Liabilities vs Long Term Investments

Total Current Liabilities vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Westbridge Energy Total Current Liabilities account and Long Term Investments. At this time, the significance of the direction appears to have pay attention.

The correlation between Westbridge Energy's Total Current Liabilities and Long Term Investments is -0.95. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Long Term Investments 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 Total Current Liabilities 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 Total Current Liabilities of Westbridge Energy 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 Total Current Liabilities i.e., Westbridge Energy's Total Current Liabilities and Long Term Investments go up and down completely randomly.

Correlation Coefficient

-0.95

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Total Current Liabilities

Total Current Liabilities is an item on Westbridge Energy balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Westbridge Energy are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Long Term Investments

Long Term Investments is an item on the asset side of Westbridge Energy balance sheet that represents investments Westbridge Energy intends to hold for over a year. Westbridge Energy long term investments may include different instruments such as stocks, bonds, real estate and cash.

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

Click cells to compare fundamentals

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Westbridge Stock Analysis

When running Westbridge Energy's price analysis, check to measure Westbridge Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Westbridge Energy is operating at the current time. Most of Westbridge Energy's value examination focuses on studying past and present price action to predict the probability of Westbridge Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westbridge Energy's price. Additionally, you may evaluate how the addition of Westbridge Energy to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC