George Total Assets vs Total Stockholder Equity Analysis

WN Stock  CAD 222.17  2.71  1.21%   
George Weston financial indicator trend analysis is much more than just examining George Weston Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether George Weston Limited is a good investment. Please check the relationship between George Weston Total Assets and its Total Stockholder Equity accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in George Weston Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Total Assets vs Total Stockholder Equity

Total Assets vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of George Weston Limited Total Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between George Weston's Total Assets and Total Stockholder Equity is 0.69. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of George Weston Limited, assuming nothing else is changed. The correlation between historical values of George Weston's Total Assets and Total Stockholder Equity 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 Assets of George Weston Limited are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Assets i.e., George Weston's Total Assets and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of George Weston assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in George Weston Limited books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from George Weston's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into George Weston Limited 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 George Weston Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, George Weston's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 18th of February 2025, Enterprise Value Multiple is likely to grow to 7.93, while Selling General Administrative is likely to drop about 11.7 B.
 2022 2023 2024 2025 (projected)
Gross Profit18.5B19.6B22.6B23.7B
Total Revenue57.0B60.1B69.1B38.3B

George Weston fundamental ratios Correlations

0.990.680.970.690.830.990.520.810.541.00.330.120.970.550.980.990.82-0.820.990.820.790.88-0.450.710.67
0.990.610.970.610.841.00.40.80.570.980.370.120.950.650.990.960.84-0.861.00.850.760.91-0.470.680.57
0.680.610.570.650.680.620.490.590.440.690.530.010.590.360.660.70.7-0.560.640.420.710.41-0.510.80.78
0.970.970.570.60.780.960.470.790.540.950.20.150.980.550.940.950.79-0.850.970.870.740.96-0.40.630.53
0.690.610.650.60.760.620.870.750.450.690.380.330.70.030.590.650.45-0.280.60.250.820.5-0.120.470.76
0.830.840.680.780.760.840.540.960.720.830.450.320.790.560.840.790.85-0.710.830.650.960.73-0.390.690.58
0.991.00.620.960.620.840.40.80.520.990.360.070.940.640.990.970.84-0.850.990.840.750.9-0.50.70.6
0.520.40.490.470.870.540.40.610.340.49-0.070.420.6-0.240.360.50.23-0.110.40.190.680.350.130.280.66
0.810.80.590.790.750.960.80.610.650.80.270.30.810.420.790.780.82-0.680.80.660.960.73-0.340.660.58
0.540.570.440.540.450.720.520.340.650.50.40.680.530.450.570.450.62-0.580.570.570.730.53-0.140.290.1
1.00.980.690.950.690.830.990.490.80.50.360.050.950.570.980.990.82-0.820.990.80.770.87-0.510.750.7
0.330.370.530.20.380.450.36-0.070.270.40.360.080.20.410.420.260.45-0.270.360.090.380.18-0.360.320.22
0.120.120.010.150.330.320.070.420.30.680.050.080.22-0.090.090.00.10.010.110.20.410.130.62-0.37-0.24
0.970.950.590.980.70.790.940.60.810.530.950.20.220.420.930.950.77-0.780.950.840.780.9-0.310.590.6
0.550.650.360.550.030.560.64-0.240.420.450.570.41-0.090.420.670.540.69-0.710.650.620.370.6-0.590.580.14
0.980.990.660.940.590.840.990.360.790.570.980.420.090.930.670.960.87-0.871.00.850.760.87-0.510.720.59
0.990.960.70.950.650.790.970.50.780.450.990.260.00.950.540.960.82-0.830.970.820.750.85-0.520.770.72
0.820.840.70.790.450.850.840.230.820.620.820.450.10.770.690.870.82-0.860.860.830.810.71-0.550.750.49
-0.82-0.86-0.56-0.85-0.28-0.71-0.85-0.11-0.68-0.58-0.82-0.270.01-0.78-0.71-0.87-0.83-0.86-0.88-0.9-0.62-0.820.64-0.71-0.37
0.991.00.640.970.60.830.990.40.80.570.990.360.110.950.651.00.970.86-0.880.870.760.91-0.490.70.58
0.820.850.420.870.250.650.840.190.660.570.80.090.20.840.620.850.820.83-0.90.870.60.81-0.330.50.26
0.790.760.710.740.820.960.750.680.960.730.770.380.410.780.370.760.750.81-0.620.760.60.64-0.280.640.62
0.880.910.410.960.50.730.90.350.730.530.870.180.130.90.60.870.850.71-0.820.910.810.64-0.40.540.39
-0.45-0.47-0.51-0.4-0.12-0.39-0.50.13-0.34-0.14-0.51-0.360.62-0.31-0.59-0.51-0.52-0.550.64-0.49-0.33-0.28-0.4-0.84-0.51
0.710.680.80.630.470.690.70.280.660.290.750.32-0.370.590.580.720.770.75-0.710.70.50.640.54-0.840.79
0.670.570.780.530.760.580.60.660.580.10.70.22-0.240.60.140.590.720.49-0.370.580.260.620.39-0.510.79
Click cells to compare fundamentals

George Weston Account Relationship Matchups

George Weston fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets48.1B47.1B49.0B49.8B57.2B60.1B
Short Long Term Debt Total20.9B19.5B20.7B21.3B24.5B25.7B
Other Current Liab1.2B1.5B1.6B811M932.7M612.5M
Total Current Liabilities10.0B9.8B10.8B12.1B13.9B14.6B
Total Stockholder Equity7.8B7.0B6.8B6.7B7.7B5.9B
Property Plant And Equipment Net16.0B14.8B15.3B16.3B18.7B10.2B
Net Debt18.3B16.5B18.3B18.9B21.7B22.8B
Retained Earnings5.2B4.8B5.1B5.4B6.2B4.9B
Accounts Payable5.5B5.2B6.0B6.9B7.9B4.2B
Cash2.6B3.0B2.3B2.5B2.8B1.7B
Non Current Assets Total34.8B32.9B34.3B34.8B40.1B42.1B
Non Currrent Assets Other6.1B6.2B6.5B737M847.6M805.2M
Cash And Short Term Investments3.2B3.9B2.8B2.9B3.4B2.6B
Net Receivables4.3B4.8B5.2B5.5B6.3B6.7B
Common Stock Shares Outstanding153.5M150.2M144.8M138M158.7M146.4M
Liabilities And Stockholders Equity48.1B47.1B49.0B49.8B57.2B60.1B
Non Current Liabilities Total24.7B24.2B25.0B24.2B27.9B29.3B
Inventory5.4B5.2B5.9B5.8B6.7B7.0B
Other Current Assets415M740M755M675M776.3M425.2M
Other Stockholder Equity(1.2B)(1.5B)(1.9B)(2.3B)(2.0B)(1.9B)
Total Liab34.7B33.9B35.8B36.3B41.8B43.8B
Property Plant And Equipment Gross16.0B29.2B31.1B33.4B38.4B40.3B
Total Current Assets13.3B14.2B14.7B14.9B17.2B8.8B
Accumulated Other Comprehensive Income196M166M84M197M234.6M246.3M
Short Term Debt3.1B2.8B2.9B4.1B4.7B4.9B
Short Term Investments575M879M503M472M542.8M994.4M
Good Will4.8B4.5B4.9B4.9B5.6B3.5B
Intangible Assets7.0B6.4B6.5B6.0B6.9B5.1B
Common Stock2.8B2.7B2.6B2.5B2.9B1.6B
Other Liab6.9B7.0B7.4B7.3B8.4B5.6B
Net Tangible Assets(5.5B)(4.8B)(4.8B)(5.4B)(4.8B)(5.1B)
Current Deferred Revenue24M75M125M166M149.4M139.4M
Other Assets6.4B6.3B6.3B291M334.7M317.9M
Long Term Debt13.5B12.5B13.4B12.6B14.5B13.2B
Long Term Investments718M770M1.0B1.7B1.9B2.0B
Short Long Term Debt2.3B2.0B2.1B3.2B2.9B2.3B
Property Plant Equipment15.8B16.0B14.8B15.3B17.6B14.2B
Long Term Debt Total17.0B17.7B16.7B17.7B20.4B15.9B
Capital Surpluse(979M)(1.2B)(1.5B)(1.9B)(1.7B)(1.6B)

Pair Trading with George Weston

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if George Weston position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in George Weston will appreciate offsetting losses from the drop in the long position's value.

Moving against George Stock

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The ability to find closely correlated positions to George Weston could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace George Weston when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back George Weston - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling George Weston Limited to buy it.
The correlation of George Weston is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as George Weston moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if George Weston Limited moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for George Weston can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in George Stock

Balance Sheet is a snapshot of the financial position of George Weston Limited at a specified time, usually calculated after every quarter, six months, or one year. George Weston Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of George Weston and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which George currently owns. An asset can also be divided into two categories, current and non-current.