Western Short Term Debt vs Total Revenue Analysis

WRG Stock

CAD 2.51 0.21 7.72%

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

Short Term Debt vs Total Revenue

Short Term Debt vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Western Energy Services Short Term Debt account and Total Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Western Energy's Short Term Debt and Total Revenue is -0.14. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Western Energy Services, assuming nothing else is changed. The correlation between historical values of Western Energy's Short Term Debt 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 Short Term Debt of Western Energy Services 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 Short Term Debt i.e., Western Energy's Short Term Debt and Total Revenue go up and down completely randomly.

Correlation Coefficient

-0.14

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Short Term Debt

Total Revenue

Total revenue comprises all receipts Western Energy Services 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 Western Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Western Energy Services 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 Western Energy Services. 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, Western Energy's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 7th of January 2025, Enterprise Value Over EBITDA is likely to grow to 4.37, while Selling General Administrative is likely to drop about 14.6 M.

	2022	2023	2024	2025 (projected)
Total Revenue	200.3M	233.5M	268.5M	180.1M
Depreciation And Amortization	40.1M	42.2M	48.5M	36.1M

Total Revenue Depreciation And Amortization

Western Energy fundamental ratios Correlations

	Total Assets	Other Current Liab	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	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Long Term Debt Total	Net Receivables	Common Stock Total Equity	Short Term Debt	Common Stock	Non Current Liabilities Total	Good Will	Inventory
Total Assets		0.82	0.83	0.96	0.98	0.72	0.56	0.5	0.7	1.0	0.44	0.73	-0.24	0.14	-0.02	0.94	0.15	0.91	0.8	0.76	0.64	-0.26	0.36	0.9	0.58	0.09
Other Current Liab	0.82		0.92	0.88	0.72	0.41	0.73	0.29	0.44	0.8	0.27	0.61	-0.18	0.31	0.14	0.67	0.1	0.89	0.46	0.92	0.4	-0.13	0.12	0.6	0.38	-0.22
Total Current Liabilities	0.83	0.92		0.86	0.76	0.52	0.5	0.59	0.43	0.81	0.34	0.54	-0.13	0.3	0.12	0.71	0.27	0.86	0.55	0.9	0.6	0.02	0.37	0.62	0.53	0.07
Total Stockholder Equity	0.96	0.88	0.86		0.91	0.54	0.62	0.46	0.59	0.95	0.37	0.71	-0.11	0.25	0.1	0.81	0.2	0.94	0.61	0.87	0.63	-0.26	0.36	0.75	0.54	0.03
Property Plant And Equipment Net	0.98	0.72	0.76	0.91		0.79	0.45	0.54	0.72	0.99	0.43	0.69	-0.23	0.07	-0.09	0.96	0.17	0.83	0.86	0.64	0.68	-0.28	0.44	0.94	0.63	0.2
Net Debt	0.72	0.41	0.52	0.54	0.79		0.08	0.41	0.43	0.76	0.32	0.35	-0.38	-0.09	-0.23	0.87	0.07	0.46	0.97	0.31	0.66	0.05	0.44	0.87	0.63	0.32
Retained Earnings	0.56	0.73	0.5	0.62	0.45	0.08		-0.1	0.4	0.53	0.28	0.66	-0.53	0.28	0.23	0.43	-0.45	0.7	0.14	0.7	-0.15	-0.4	-0.5	0.39	-0.24	-0.71
Accounts Payable	0.5	0.29	0.59	0.46	0.54	0.41	-0.1		0.41	0.51	0.48	0.19	0.14	-0.09	-0.17	0.49	0.41	0.4	0.47	0.34	0.52	-0.19	0.6	0.44	0.54	0.55
Cash	0.7	0.44	0.43	0.59	0.72	0.43	0.4	0.41		0.69	0.56	0.84	-0.27	-0.05	-0.18	0.74	0.02	0.68	0.63	0.27	0.24	-0.47	0.13	0.75	0.22	0.09
Non Current Assets Total	1.0	0.8	0.81	0.95	0.99	0.76	0.53	0.51	0.69		0.43	0.7	-0.25	0.12	-0.04	0.95	0.15	0.87	0.82	0.72	0.65	-0.27	0.39	0.92	0.6	0.12
Non Currrent Assets Other	0.44	0.27	0.34	0.37	0.43	0.32	0.28	0.48	0.56	0.43		0.49	-0.24	0.04	-0.09	0.48	-0.05	0.49	0.42	0.31	0.14	-0.34	0.06	0.47	0.15	-0.04
Cash And Short Term Investments	0.73	0.61	0.54	0.71	0.69	0.35	0.66	0.19	0.84	0.7	0.49		-0.38	0.3	0.19	0.68	-0.13	0.84	0.5	0.55	0.29	-0.26	-0.03	0.66	0.09	-0.22
Common Stock Shares Outstanding	-0.24	-0.18	-0.13	-0.11	-0.23	-0.38	-0.53	0.14	-0.27	-0.25	-0.24	-0.38		-0.07	-0.08	-0.38	0.76	-0.2	-0.33	-0.14	0.24	0.05	0.58	-0.36	0.43	0.47
Other Current Assets	0.14	0.31	0.3	0.25	0.07	-0.09	0.28	-0.09	-0.05	0.12	0.04	0.3	-0.07		0.96	-0.01	-0.06	0.22	-0.11	0.46	0.24	0.37	-0.01	-0.06	0.06	-0.32
Other Stockholder Equity	-0.02	0.14	0.12	0.1	-0.09	-0.23	0.23	-0.17	-0.18	-0.04	-0.09	0.19	-0.08	0.96		-0.17	-0.15	0.06	-0.27	0.35	0.1	0.36	-0.13	-0.21	-0.09	-0.38
Total Liab	0.94	0.67	0.71	0.81	0.96	0.87	0.43	0.49	0.74	0.95	0.48	0.68	-0.38	-0.01	-0.17		0.07	0.77	0.94	0.55	0.58	-0.25	0.33	0.99	0.56	0.14
Property Plant And Equipment Gross	0.15	0.1	0.27	0.2	0.17	0.07	-0.45	0.41	0.02	0.15	-0.05	-0.13	0.76	-0.06	-0.15	0.07		0.12	0.13	0.12	0.57	0.3	0.79	0.07	0.74	0.68
Total Current Assets	0.91	0.89	0.86	0.94	0.83	0.46	0.7	0.4	0.68	0.87	0.49	0.84	-0.2	0.22	0.06	0.77	0.12		0.56	0.86	0.49	-0.23	0.2	0.71	0.38	-0.11
Short Long Term Debt Total	0.8	0.46	0.55	0.61	0.86	0.97	0.14	0.47	0.63	0.82	0.42	0.5	-0.33	-0.11	-0.27	0.94	0.13	0.56		0.32	0.64	-0.09	0.44	0.95	0.64	0.32
Net Receivables	0.76	0.92	0.9	0.87	0.64	0.31	0.7	0.34	0.27	0.72	0.31	0.55	-0.14	0.46	0.35	0.55	0.12	0.86	0.32		0.46	-0.02	0.15	0.46	0.36	-0.24
Common Stock Total Equity	0.64	0.4	0.6	0.63	0.68	0.66	-0.15	0.52	0.24	0.65	0.14	0.29	0.24	0.24	0.1	0.58	0.57	0.49	0.64	0.46		0.29	0.88	0.54	0.87	0.62
Short Term Debt	-0.26	-0.13	0.02	-0.26	-0.28	0.05	-0.4	-0.19	-0.47	-0.27	-0.34	-0.26	0.05	0.37	0.36	-0.25	0.3	-0.23	-0.09	-0.02	0.29		0.22	-0.28	0.14	0.21
Common Stock	0.36	0.12	0.37	0.36	0.44	0.44	-0.5	0.6	0.13	0.39	0.06	-0.03	0.58	-0.01	-0.13	0.33	0.79	0.2	0.44	0.15	0.88	0.22		0.31	0.89	0.87
Non Current Liabilities Total	0.9	0.6	0.62	0.75	0.94	0.87	0.39	0.44	0.75	0.92	0.47	0.66	-0.36	-0.06	-0.21	0.99	0.07	0.71	0.95	0.46	0.54	-0.28	0.31		0.57	0.14
Good Will	0.58	0.38	0.53	0.54	0.63	0.63	-0.24	0.54	0.22	0.6	0.15	0.09	0.43	0.06	-0.09	0.56	0.74	0.38	0.64	0.36	0.87	0.14	0.89	0.57		0.63
Inventory	0.09	-0.22	0.07	0.03	0.2	0.32	-0.71	0.55	0.09	0.12	-0.04	-0.22	0.47	-0.32	-0.38	0.14	0.68	-0.11	0.32	-0.24	0.62	0.21	0.87	0.14	0.63

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Western Energy Account Relationship Matchups

Western Energy fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	495.6M	456.0M	475.7M	442.9M	509.4M	409.3M
Other Current Liab	14.2M	13.4M	12.5M	15.1M	17.4M	18.1M
Total Current Liabilities	27.5M	38.1M	39.6M	30.6M	35.2M	27.6M
Total Stockholder Equity	220.8M	184.5M	300.6M	293.4M	337.4M	226.2M
Property Plant And Equipment Net	452.0M	415.2M	413.8M	392.2M	451.0M	346.1M
Net Debt	222.7M	232.9M	122.8M	102.9M	118.3M	114.1M
Retained Earnings	(260.3M)	(296.5M)	(267.5M)	(274.7M)	(247.2M)	(234.8M)
Accounts Payable	8.9M	11.2M	22.0M	11.5M	13.2M	9.4M
Cash	19.3M	7.5M	8.9M	5.9M	6.8M	6.5M
Non Current Assets Total	452.1M	415.7M	414.2M	392.2M	451.0M	360.1M
Cash And Short Term Investments	19.3M	7.5M	8.9M	6.1M	7.1M	6.7M
Common Stock Shares Outstanding	8.6M	761.4K	23.6M	33.8M	38.9M	40.9M
Liabilities And Stockholders Equity	495.6M	456.0M	475.7M	442.9M	509.4M	409.3M
Other Current Assets	2.9M	3.2M	1.2M	3.3M	3.8M	2.8M
Other Stockholder Equity	15.7M	15.8M	17.7M	20.4M	23.4M	32.0M
Total Liab	273.2M	269.5M	173.2M	147.3M	169.4M	182.2M
Property Plant And Equipment Gross	452.0M	1.0B	1.1B	1.1B	1.2B	1.3B
Total Current Assets	43.5M	40.4M	61.5M	50.7M	58.3M	49.2M
Short Long Term Debt Total	242.0M	240.4M	131.7M	115.2M	132.5M	151.7M
Net Receivables	18.2M	26.7M	47.4M	33.1M	38.0M	33.4M
Short Term Debt	4.4M	13.5M	5.2M	4.0M	4.7M	4.6M
Common Stock	441.5M	441.7M	521.5M	521.6M	599.8M	444.0M
Accumulated Other Comprehensive Income	24.0M	23.5M	28.8M	26.1M	30.0M	31.5M
Non Current Liabilities Total	245.7M	231.4M	133.6M	116.7M	134.2M	193.3M
Inventory	3.1M	3.6M	4.1M	3.6M	4.1M	2.4M
Short Term Investments	355K	211K	226K	203K	182.7K	173.6K
Other Liab	22.8M	8.0M	4.5M	7.0M	6.3M	6.0M
Net Tangible Assets	265.3M	220.8M	184.5M	300.6M	270.5M	286.8M
Other Assets	58K	89K	405K	324K	291.6K	277.0K
Long Term Debt	231.8M	221.7M	123.6M	109.3M	98.3M	177.9M
Deferred Long Term Liab	388K	58K	89K	117K	105.3K	100.0K
Short Long Term Debt	632K	7.1M	496K	493K	443.7K	421.5K
Property Plant Equipment	511.1M	452.0M	415.2M	413.8M	372.5M	492.3M
Long Term Debt Total	228.3M	237.6M	226.9M	126.5M	113.9M	179.5M
Capital Surpluse	15.5M	15.7M	15.8M	17.7M	20.3M	16.8M
Net Invested Capital	451.9M	413.3M	423.7M	402.2M	361.9M	388.5M
Cash And Equivalents	4.0M	19.3M	7.5M	8.9M	8.0M	12.3M

Other Information on Investing in Western Stock

Balance Sheet is a snapshot of the financial position of Western Energy Services at a specified time, usually calculated after every quarter, six months, or one year. Western Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Western Energy 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 Western currently owns. An asset can also be divided into two categories, current and non-current.

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Western Short Term Debt vs Total Revenue Analysis

Short Term Debt vs Total Revenue

Short Term Debt vs Total Revenue Correlation Analysis

Correlation Coefficient

Short Term Debt

Total Revenue

Western Energy fundamental ratios Correlations

Western Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Western Energy fundamental ratios Accounts

Other Information on Investing in Western Stock

COMMON DESTINATIONS

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Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Non Current Liabilities Total	+ 0.99	Total Liab
Property Plant And Equipment Net	+ 0.98	Total Assets
Short Long Term Debt Total	+ 0.97	Net Debt
Total Stockholder Equity	+ 0.96	Total Assets

Inventory	- 0.71	Retained Earnings
Common Stock Shares Outstanding	- 0.53	Retained Earnings
Common Stock	- 0.5	Retained Earnings
Short Term Debt	- 0.47	Cash
Property Plant And Equipment Gross	- 0.45	Retained Earnings
Short Term Debt	- 0.4	Retained Earnings