Westwood Accounts Payable vs Total Current Assets Analysis

WHG Stock  USD 15.99  0.17  1.05%   
Westwood Holdings financial indicator trend analysis is more than just analyzing Westwood Holdings current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Westwood Holdings is a good investment. Please check the relationship between Westwood Holdings Accounts Payable and its Total Current Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westwood Holdings Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Accounts Payable vs Total Current Assets

Accounts Payable vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Westwood Holdings Accounts Payable account and Total Current Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between Westwood Holdings' Accounts Payable and Total Current Assets is 0.03. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Westwood Holdings Group, assuming nothing else is changed. The correlation between historical values of Westwood Holdings' Accounts Payable and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Westwood Holdings Group are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Accounts Payable i.e., Westwood Holdings' Accounts Payable and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.03
Relationship DirectionPositive 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Westwood Holdings obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Westwood Holdings are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Westwood Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Westwood Holdings 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 Westwood Holdings Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
At this time, Westwood Holdings' Enterprise Value Over EBITDA is most likely to increase in the upcoming years. The Westwood Holdings' current Enterprise Value Multiple is estimated to increase to 12.93, while Selling General Administrative is projected to decrease to roughly 17.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit30.5M28.6M36.9M43.4M
Total Revenue73.1M68.7M89.8M71.9M

Westwood Holdings fundamental ratios Correlations

0.570.680.99-0.220.540.430.79-0.380.50.950.450.950.820.58-0.42-0.790.60.090.830.880.720.23-0.310.85-0.55
0.570.970.50.080.850.030.42-0.090.090.490.590.30.750.13-0.55-0.550.03-0.550.680.750.0-0.38-0.420.730.26
0.680.970.60.060.790.240.47-0.080.270.60.540.430.870.31-0.53-0.590.22-0.470.680.820.19-0.2-0.350.740.08
0.990.50.6-0.280.510.360.81-0.420.450.950.470.970.730.53-0.4-0.780.570.170.850.840.710.21-0.340.87-0.58
-0.220.080.06-0.28-0.170.12-0.410.11-0.12-0.060.16-0.290.06-0.35-0.440.31-0.3-0.56-0.1-0.1-0.02-0.02-0.11-0.10.32
0.540.850.790.51-0.17-0.10.60.00.010.380.440.290.540.08-0.24-0.7-0.04-0.260.650.75-0.08-0.48-0.340.730.28
0.430.030.240.360.12-0.10.240.250.90.46-0.290.430.610.83-0.03-0.260.830.21-0.010.410.760.820.30.03-0.65
0.790.420.470.81-0.410.60.24-0.290.350.690.10.720.560.46-0.08-0.970.440.320.670.710.410.15-0.050.73-0.37
-0.38-0.09-0.08-0.420.110.00.25-0.290.31-0.38-0.36-0.48-0.140.160.360.220.130.04-0.45-0.15-0.190.150.11-0.410.18
0.50.090.270.45-0.120.010.90.350.310.53-0.220.480.570.95-0.1-0.380.950.270.110.490.680.810.150.14-0.69
0.950.490.60.95-0.060.380.460.69-0.380.530.540.930.750.54-0.6-0.680.610.080.850.790.770.32-0.440.84-0.62
0.450.590.540.470.160.44-0.290.1-0.36-0.220.540.380.29-0.25-0.75-0.15-0.18-0.380.80.40.08-0.45-0.840.740.05
0.950.30.430.97-0.290.290.430.72-0.480.480.930.380.660.57-0.34-0.660.630.280.740.730.820.35-0.250.74-0.73
0.820.750.870.730.060.540.610.56-0.140.570.750.290.660.61-0.42-0.620.57-0.230.580.850.580.24-0.10.63-0.3
0.580.130.310.53-0.350.080.830.460.160.950.54-0.250.570.610.02-0.460.970.360.130.540.670.760.270.18-0.72
-0.42-0.55-0.53-0.4-0.44-0.24-0.03-0.080.36-0.1-0.6-0.75-0.34-0.420.020.18-0.050.53-0.65-0.41-0.210.10.68-0.60.01
-0.79-0.55-0.59-0.780.31-0.7-0.26-0.970.22-0.38-0.68-0.15-0.66-0.62-0.460.18-0.41-0.14-0.69-0.78-0.34-0.10.1-0.760.26
0.60.030.220.57-0.3-0.040.830.440.130.950.61-0.180.630.570.97-0.05-0.410.420.180.490.760.840.170.2-0.83
0.09-0.55-0.470.17-0.56-0.260.210.320.040.270.08-0.380.28-0.230.360.53-0.140.42-0.09-0.150.320.480.32-0.12-0.62
0.830.680.680.85-0.10.65-0.010.67-0.450.110.850.80.740.580.13-0.65-0.690.18-0.090.730.36-0.18-0.660.99-0.23
0.880.750.820.84-0.10.750.410.71-0.150.490.790.40.730.850.54-0.41-0.780.49-0.150.730.50.07-0.240.8-0.29
0.720.00.190.71-0.02-0.080.760.41-0.190.680.770.080.820.580.67-0.21-0.340.760.320.360.50.67-0.090.35-0.83
0.23-0.38-0.20.21-0.02-0.480.820.150.150.810.32-0.450.350.240.760.1-0.10.840.48-0.180.070.670.41-0.19-0.8
-0.31-0.42-0.35-0.34-0.11-0.340.3-0.050.110.15-0.44-0.84-0.25-0.10.270.680.10.170.32-0.66-0.24-0.090.41-0.59-0.09
0.850.730.740.87-0.10.730.030.73-0.410.140.840.740.740.630.18-0.6-0.760.2-0.120.990.80.35-0.19-0.59-0.21
-0.550.260.08-0.580.320.28-0.65-0.370.18-0.69-0.620.05-0.73-0.3-0.720.010.26-0.83-0.62-0.23-0.29-0.83-0.8-0.09-0.21
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Westwood Holdings Account Relationship Matchups

Westwood Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets178.7M149.2M139.6M146.3M155.2M107.7M
Other Current Liab17.6M6.5M9.9M8.9M9.9M12.8M
Total Current Liabilities21.4M11.8M15.8M17.4M18.6M17.6M
Total Stockholder Equity148.3M130.7M117.9M110.6M120.4M86.2M
Other Liab1.3M526K1.1M13.6M15.6M8.0M
Retained Earnings11.0M(1.7M)4.4M(4.3M)4.7M4.4M
Accounts Payable2.1M1.6M2.6M5.7M6.1M4.1M
Cash49.8M13.0M15.2M23.9M20.4M16.2M
Other Assets2.6M1.9M1.5M2.7M20.3M21.3M
Common Stock Shares Outstanding8.5M8.0M7.9M7.8M8.1M7.7M
Short Term Investments50.3M69.5M65.0M15.3M32.7M45.1M
Liabilities And Stockholders Equity178.7M149.2M139.6M146.3M155.2M107.7M
Other Stockholder Equity129.2M132.3M113.4M114.8M115.6M75.2M
Total Liab30.4M18.4M21.7M35.7M32.7M21.4M
Intangible Assets15.3M13.5M11.9M29.4M24.8M26.0M
Common Stock103K105K107K115K119K95.9K
Net Debt(40.4M)(5.2M)(9.1M)(17.8M)(15.9M)(16.7M)
Non Current Assets Total61.7M52.8M45.7M88.3M82.9M87.1M
Non Currrent Assets Other50.7M364K464K929K1.0M1.1M
Cash And Short Term Investments100.1M82.6M80.2M39.2M53.1M62.6M
Net Receivables13.2M11.2M11.4M13.9M14.4M11.5M
Common Stock Total Equity103K105K107K115K132.3K90.4K
Non Current Liabilities Total9.1M6.6M5.9M18.3M14.1M14.8M
Other Current Assets2.5M2.6M2.2M20.4M4.5M4.6M
Total Current Assets117.0M96.3M93.9M58.0M72.2M78.3M
Treasury Stock(63.3M)(78.0M)(81.8M)(85.1M)(76.6M)(72.8M)
Inventory1.2M(69.5M)(65.0M)(15.3M)(32.7M)(31.0M)
Property Plant And Equipment Net11.7M9.3M7.0M6.8M5.1M4.0M
Property Plant And Equipment Gross11.7M9.3M15.6M16.1M15.2M16.0M
Property Plant Equipment4.2M3.2M7.0M6.8M7.8M8.2M
Net Tangible Assets113.2M100.8M89.6M46.0M52.9M96.3M
Retained Earnings Total Equity11.0M(1.7M)4.4M(4.3M)(3.8M)(3.6M)
Capital Surpluse203.4M210.3M195.2M199.9M229.9M175.5M
Non Current Liabilities Other1.3M526K1.1M13.0M10.1M10.6M
Deferred Long Term Asset Charges2.2M1.5M848K1.8M1.6M2.8M
Cash And Equivalents49.8M13.0M15.2M23.9M21.5M27.7M
Short Term Debt1.6M3.4M2.8M3.0M2.6M2.0M

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When determining whether Westwood Holdings is a strong investment it is important to analyze Westwood Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Westwood Holdings' future performance. For an informed investment choice regarding Westwood Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westwood Holdings Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Asset Management & Custody 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 Westwood Holdings. If investors know Westwood 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 Westwood Holdings 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
(0.98)
Dividend Share
0.6
Earnings Share
0.33
Revenue Per Share
11.393
Quarterly Revenue Growth
0.084
The market value of Westwood Holdings is measured differently than its book value, which is the value of Westwood that is recorded on the company's balance sheet. Investors also form their own opinion of Westwood Holdings' value that differs from its market value or its book value, called intrinsic value, which is Westwood Holdings' 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 Westwood Holdings' market value can be influenced by many factors that don't directly affect Westwood Holdings' 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 Westwood Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Westwood Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westwood Holdings' 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.