Westport Total Assets vs Total Revenue Analysis

WPRT Stock

CAD 5.82 0.18 3.19%

Westport Fuel financial indicator trend analysis is more than just analyzing Westport Fuel Systems current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Westport Fuel Systems is a good investment. Please check the relationship between Westport Fuel Total Assets and its Total Revenue accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westport Fuel Systems. 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 Assets vs Total Revenue

Total Assets vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Westport Fuel Systems Total Assets account and Total Revenue. At this time, the significance of the direction appears to have weak relationship.

The correlation between Westport Fuel's Total Assets and Total Revenue is 0.38. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Westport Fuel Systems, assuming nothing else is changed. The correlation between historical values of Westport Fuel's Total Assets and Total 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 Total Assets of Westport Fuel Systems are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Total Assets i.e., Westport Fuel's Total Assets and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.38

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Total Assets

Total assets refers to the total amount of Westport Fuel 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 Westport Fuel Systems 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 Revenue

Total revenue comprises all receipts Westport Fuel Systems generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Most indicators from Westport Fuel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Westport Fuel Systems 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 Westport Fuel Systems. 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, Westport Fuel's Selling General Administrative is very stable compared to the past year. As of the 7th of January 2025, Tax Provision is likely to grow to about 1.2 M, though Discontinued Operations is likely to grow to (160.6 K).

	2022	2023	2024	2025 (projected)
Other Operating Expenses	349.5M	377.7M	434.3M	456.1M
Total Revenue	305.7M	331.8M	381.6M	400.6M

Other Operating Expenses Total Revenue

Westport Fuel fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Other Current Liab	Current Deferred Revenue	Inventory	Other Current Assets	Short Term Investments
Total Assets		0.61	0.57	0.89	0.54	-0.5	-0.36	0.43	0.84	0.79	0.1	0.22	0.79	0.52	-0.11	0.58	0.2	0.72	0.22	0.98	0.59	0.28	0.48	0.55	0.6	0.46
Short Long Term Debt Total	0.61		0.8	0.31	0.66	0.25	-0.54	0.76	0.27	0.77	0.43	0.5	0.23	0.74	0.23	0.77	0.51	0.77	0.46	0.55	0.7	0.19	0.41	0.7	0.3	-0.14
Total Current Liabilities	0.57	0.8		0.26	0.89	0.18	-0.79	0.94	0.21	0.64	0.67	0.74	0.18	0.94	0.28	0.54	0.64	0.79	0.67	0.59	0.67	0.5	0.6	0.9	0.38	-0.17
Total Stockholder Equity	0.89	0.31	0.26		0.32	-0.76	0.01	0.09	0.95	0.73	-0.02	0.04	0.94	0.25	-0.41	0.21	-0.13	0.32	0.13	0.88	0.47	0.0	0.28	0.3	0.54	0.73
Property Plant And Equipment Net	0.54	0.66	0.89	0.32		0.12	-0.79	0.92	0.22	0.63	0.78	0.75	0.19	0.94	0.12	0.4	0.46	0.62	0.84	0.57	0.46	0.47	0.44	0.89	0.41	-0.17
Net Debt	-0.5	0.25	0.18	-0.76	0.12		-0.3	0.35	-0.86	-0.23	0.42	0.35	-0.87	0.24	0.34	0.15	0.24	0.1	0.29	-0.55	-0.06	0.05	-0.1	0.15	-0.33	-0.86
Retained Earnings	-0.36	-0.54	-0.79	0.01	-0.79	-0.3		-0.88	0.05	-0.33	-0.53	-0.59	0.11	-0.77	-0.41	-0.6	-0.64	-0.75	-0.53	-0.37	-0.17	-0.7	-0.43	-0.76	-0.27	0.45
Accounts Payable	0.43	0.76	0.94	0.09	0.92	0.35	-0.88		0.02	0.51	0.73	0.78	-0.02	0.95	0.35	0.56	0.64	0.75	0.72	0.46	0.48	0.49	0.51	0.89	0.34	-0.37
Cash	0.84	0.27	0.21	0.95	0.22	-0.86	0.05	0.02		0.65	-0.2	-0.1	0.99	0.14	-0.28	0.24	-0.07	0.28	-0.04	0.85	0.43	0.01	0.32	0.19	0.51	0.8
Non Current Assets Total	0.79	0.77	0.64	0.73	0.63	-0.23	-0.33	0.51	0.65		0.35	0.32	0.64	0.57	-0.14	0.49	0.23	0.53	0.5	0.71	0.7	0.12	0.31	0.58	0.27	0.36
Non Currrent Assets Other	0.1	0.43	0.67	-0.02	0.78	0.42	-0.53	0.73	-0.2	0.35		0.91	-0.2	0.77	-0.1	-0.01	0.4	0.25	0.96	0.13	0.37	0.11	0.12	0.75	0.02	-0.36
Other Assets	0.22	0.5	0.74	0.04	0.75	0.35	-0.59	0.78	-0.1	0.32	0.91		-0.13	0.84	-0.15	0.13	0.42	0.4	0.81	0.28	0.4	0.12	0.24	0.87	0.27	-0.4
Cash And Short Term Investments	0.79	0.23	0.18	0.94	0.19	-0.87	0.11	-0.02	0.99	0.64	-0.2	-0.13		0.09	-0.3	0.16	-0.1	0.21	-0.04	0.8	0.45	-0.04	0.31	0.15	0.45	0.85
Net Receivables	0.52	0.74	0.94	0.25	0.94	0.24	-0.77	0.95	0.14	0.57	0.77	0.84	0.09		0.14	0.45	0.48	0.7	0.75	0.56	0.55	0.44	0.5	0.95	0.51	-0.28
Common Stock Shares Outstanding	-0.11	0.23	0.28	-0.41	0.12	0.34	-0.41	0.35	-0.28	-0.14	-0.1	-0.15	-0.3	0.14		0.45	0.63	0.4	-0.12	-0.11	-0.04	0.56	0.22	0.02	-0.15	-0.34
Non Current Liabilities Total	0.58	0.77	0.54	0.21	0.4	0.15	-0.6	0.56	0.24	0.49	-0.01	0.13	0.16	0.45	0.45		0.52	0.87	0.02	0.51	0.27	0.46	0.32	0.47	0.31	-0.23
Other Stockholder Equity	0.2	0.51	0.64	-0.13	0.46	0.24	-0.64	0.64	-0.07	0.23	0.4	0.42	-0.1	0.48	0.63	0.52		0.61	0.35	0.2	0.25	0.49	0.19	0.5	-0.14	-0.28
Total Liab	0.72	0.77	0.79	0.32	0.62	0.1	-0.75	0.75	0.28	0.53	0.25	0.4	0.21	0.7	0.4	0.87	0.61		0.26	0.69	0.5	0.58	0.58	0.68	0.42	-0.16
Property Plant And Equipment Gross	0.22	0.46	0.67	0.13	0.84	0.29	-0.53	0.72	-0.04	0.5	0.96	0.81	-0.04	0.75	-0.12	0.02	0.35	0.26		0.22	0.39	0.15	0.11	0.72	0.04	-0.21
Total Current Assets	0.98	0.55	0.59	0.88	0.57	-0.55	-0.37	0.46	0.85	0.71	0.13	0.28	0.8	0.56	-0.11	0.51	0.2	0.69	0.22		0.55	0.31	0.52	0.6	0.7	0.45
Short Term Debt	0.59	0.7	0.67	0.47	0.46	-0.06	-0.17	0.48	0.43	0.7	0.37	0.4	0.45	0.55	-0.04	0.27	0.25	0.5	0.39	0.55		-0.04	0.64	0.47	0.18	0.34
Other Current Liab	0.28	0.19	0.5	0.0	0.47	0.05	-0.7	0.49	0.01	0.12	0.11	0.12	-0.04	0.44	0.56	0.46	0.49	0.58	0.15	0.31	-0.04		0.24	0.43	0.29	-0.26
Current Deferred Revenue	0.48	0.41	0.6	0.28	0.44	-0.1	-0.43	0.51	0.32	0.31	0.12	0.24	0.31	0.5	0.22	0.32	0.19	0.58	0.11	0.52	0.64	0.24		0.35	0.34	0.19
Inventory	0.55	0.7	0.9	0.3	0.89	0.15	-0.76	0.89	0.19	0.58	0.75	0.87	0.15	0.95	0.02	0.47	0.5	0.68	0.72	0.6	0.47	0.43	0.35		0.53	-0.27
Other Current Assets	0.6	0.3	0.38	0.54	0.41	-0.33	-0.27	0.34	0.51	0.27	0.02	0.27	0.45	0.51	-0.15	0.31	-0.14	0.42	0.04	0.7	0.18	0.29	0.34	0.53		0.09
Short Term Investments	0.46	-0.14	-0.17	0.73	-0.17	-0.86	0.45	-0.37	0.8	0.36	-0.36	-0.4	0.85	-0.28	-0.34	-0.23	-0.28	-0.16	-0.21	0.45	0.34	-0.26	0.19	-0.27	0.09

Click cells to compare fundamentals

Westport Fuel Account Relationship Matchups

Westport Fuel fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	346.3M	471.3M	407.5M	355.7M	409.1M	219.4M
Short Long Term Debt Total	113.4M	97.9M	76.4M	82.8M	95.3M	100.0M
Total Current Liabilities	147.0M	146.4M	135.5M	134.8M	155.1M	162.8M
Total Stockholder Equity	104.1M	236.4M	204.0M	160.4M	184.5M	106.9M
Property Plant And Equipment Net	85.5M	93.3M	86.4M	92.4M	106.2M	111.5M
Net Debt	49.1M	(27.0M)	(9.8M)	28.1M	32.3M	33.9M
Retained Earnings	(1.0B)	(992.0M)	(1.0B)	(1.1B)	(967.0M)	(918.6M)
Accounts Payable	84.6M	73.4M	72.9M	70.6M	81.2M	85.2M
Cash	64.3M	124.9M	86.2M	54.8M	63.0M	54.4M
Non Current Assets Total	128.4M	132.7M	130.2M	139.0M	159.8M	167.8M
Non Currrent Assets Other	11.6M	11.6M	18.0M	31.9M	36.7M	38.5M
Other Assets	(1K)	13.8M	23.3M	28.5M	32.7M	34.4M
Cash And Short Term Investments	64.3M	124.9M	86.2M	54.8M	63.0M	68.1M
Net Receivables	90.5M	101.5M	101.6M	88.1M	101.3M	106.4M
Common Stock Shares Outstanding	137.1M	16.2M	17.1M	17.2M	19.7M	30.6M
Liabilities And Stockholders Equity	346.3M	471.3M	407.5M	355.7M	409.1M	219.4M
Non Current Liabilities Total	95.2M	88.4M	68.0M	60.5M	69.5M	44.4M
Other Stockholder Equity	19.2M	11.5M	11.5M	21.2M	19.1M	18.1M
Total Liab	242.2M	234.9M	203.5M	195.3M	224.6M	112.5M
Property Plant And Equipment Gross	85.5M	93.3M	86.4M	192.7M	221.6M	232.6M
Total Current Assets	217.9M	338.6M	277.2M	216.8M	249.3M	143.2M
Short Term Debt	44.2M	28.4M	24.2M	32.6M	37.5M	39.3M
Other Current Liab	20.4M	40.0M	34.0M	27.4M	31.5M	20.4M
Current Deferred Revenue	8.0M	3.5M	4.4M	2.4M	2.7M	2.1M
Inventory	51.4M	83.1M	81.6M	67.5M	77.7M	81.5M
Other Current Assets	11.8M	46.2M	28.0M	6.4M	7.4M	8.2M
Accumulated Other Comprehensive Income	(24.5M)	(33.5M)	(35.3M)	(30.8M)	(27.8M)	(26.4M)
Intangible Assets	11.8M	9.3M	7.8M	6.8M	7.8M	12.0M
Common Stock	1.1B	1.2B	1.2B	1.2B	1.4B	935.5M
Good Will	3.4M	3.1M	3.0M	3.1M	2.8M	2.6M
Other Liab	27.5M	26.0M	19.0M	15.7M	14.1M	21.8M
Net Tangible Assets	73.2M	88.9M	224.0M	193.2M	222.2M	133.2M
Long Term Debt	52.5M	44.0M	32.2M	31.0M	27.9M	36.7M
Long Term Investments	14.0M	3.8M	4.6M	5.4M	4.9M	4.6M
Short Long Term Debt	38.9M	23.7M	20.8M	29.3M	26.3M	20.8M
Property Plant Equipment	76.4M	85.5M	93.3M	86.4M	99.3M	76.7M
Long Term Debt Total	47.6M	54.2M	49.9M	36.5M	32.9M	41.5M

Pair Trading with Westport Fuel

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 Westport Fuel 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 Westport Fuel will appreciate offsetting losses from the drop in the long position's value.

Moving together with Westport Stock

0.75

Telus Corp

Pair Corr

The ability to find closely correlated positions to Westport Fuel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Westport Fuel 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 Westport Fuel - 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 Westport Fuel Systems to buy it.

The correlation of Westport Fuel 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 Westport Fuel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Westport Fuel Systems 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 Westport Fuel 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 Correlation Correlation Matching

When determining whether Westport Fuel Systems is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Westport Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Westport Fuel Systems Stock. Highlighted below are key reports to facilitate an investment decision about Westport Fuel Systems Stock:

How To Invest In Westport

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Is Westport Stock a good investment?

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What is Westport Fuel's Net Worth?

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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westport Fuel Systems. 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.

You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

Please note, there is a significant difference between Westport Fuel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Westport Fuel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westport Fuel'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.

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Westport Total Assets vs Total Revenue Analysis

Total Assets vs Total Revenue

Total Assets vs Total Revenue Correlation Analysis

Correlation Coefficient

Total Assets

Total Revenue

Westport Fuel fundamental ratios Correlations

Westport Fuel Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Westport Fuel fundamental ratios Accounts

Pair Trading with Westport Fuel

Moving together with Westport Stock

COMMON DESTINATIONS

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COMPANY

Cash And Short Term Investments	+ 0.99	Cash
Total Current Assets	+ 0.98	Total Assets
Property Plant And Equipment Gross	+ 0.96	Non Currrent Assets Other
Cash	+ 0.95	Total Stockholder Equity
Net Receivables	+ 0.95	Accounts Payable
Inventory	+ 0.95	Net Receivables

Accounts Payable	- 0.88	Retained Earnings
Cash And Short Term Investments	- 0.87	Net Debt
Short Term Investments	- 0.86	Net Debt
Cash	- 0.86	Net Debt
Retained Earnings	- 0.79	Property Plant And Equipment Net
Retained Earnings	- 0.79	Total Current Liabilities