WesBanco Cash And Short Term Investments vs Long Term Debt Analysis
WSBC Stock | USD 35.53 0.55 1.57% |
WesBanco financial indicator trend analysis is more than just analyzing WesBanco current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WesBanco is a good investment. Please check the relationship between WesBanco Cash And Short Term Investments and its Long Term Debt accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WesBanco. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade WesBanco Stock refer to our How to Trade WesBanco Stock guide.
Cash And Short Term Investments vs Long Term Debt
Cash And Short Term Investments vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WesBanco Cash And Short Term Investments account and Long Term Debt. At this time, the significance of the direction appears to have almost no relationship.
The correlation between WesBanco's Cash And Short Term Investments and Long Term Debt is 0.16. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of WesBanco, assuming nothing else is changed. The correlation between historical values of WesBanco's Cash And Short Term Investments and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of WesBanco are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Cash And Short Term Investments i.e., WesBanco's Cash And Short Term Investments and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.16 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of WesBanco balance sheet. This account contains WesBanco investments that will expire within one year. These investments include stocks and bonds that can be liquidated by WesBanco fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Long Term Debt
Long-term debt is a debt that WesBanco has held for over one year. Long-term debt appears on WesBanco balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on WesBanco balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most indicators from WesBanco's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WesBanco 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 WesBanco. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade WesBanco Stock refer to our How to Trade WesBanco Stock guide.At present, WesBanco's Tax Provision is projected to increase significantly based on the last few years of reporting. Issuance Of Capital Stock is expected to grow at the current pace this year, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.26.
2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 301.8M | 275.7M | 287.0M | 161.6M | Other Operating Expenses | 288.9M | 64.3M | 297.0M | 311.9M |
WesBanco fundamental ratios Correlations
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WesBanco Account Relationship Matchups
High Positive Relationship
High Negative Relationship
WesBanco fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 56.2M | 67.3M | 65.7M | 60.2M | 59.4M | 62.4M | |
Total Assets | 15.7B | 16.4B | 16.9B | 16.9B | 17.7B | 18.6B | |
Short Long Term Debt Total | 1.9B | 983.2M | 458.7M | 1.1B | 1.7B | 1.8B | |
Other Current Liab | (290.4M) | (246.3M) | (143.8M) | (483.9M) | 6.0B | 6.3B | |
Total Current Liabilities | 290.4M | 246.3M | 143.8M | 614.4M | 6.1B | 6.4B | |
Total Stockholder Equity | 2.6B | 2.8B | 2.7B | 2.4B | 2.5B | 2.7B | |
Property Plant And Equipment Net | 261.0M | 249.4M | 229.0M | 220.9M | 233.6M | 245.2M | |
Net Debt | 1.7B | 77.8M | (792.7M) | 713.1M | 1.1B | 1.2B | |
Retained Earnings | 824.7M | 831.7M | 977.8M | 1.1B | 1.1B | 1.2B | |
Accounts Payable | 8.1M | 4.3M | 1.9M | 4.6M | 11.1M | 11.7M | |
Cash | 234.8M | 905.4M | 1.3B | 408.4M | 595.4M | 625.2M | |
Non Current Assets Total | 4.7B | 4.1B | 5.4B | (899.6M) | 17.1B | 18.0B | |
Non Currrent Assets Other | (4.7B) | (4.1B) | (5.4B) | (6.1B) | 12.3B | 13.0B | |
Other Assets | 8.4B | 9.3B | 7.2B | 17.4B | (77.4M) | (73.6M) | |
Cash And Short Term Investments | 2.6B | 2.9B | 4.3B | 2.9B | 595.4M | 784.5M | |
Net Receivables | 43.6M | 66.8M | 60.8M | 68.5M | 77.4M | 81.3M | |
Liabilities And Stockholders Equity | 15.7B | 16.4B | 16.9B | 16.9B | 17.7B | 18.6B | |
Other Stockholder Equity | 1.6B | 1.6B | 1.4B | 1.3B | 1.3B | 1.4B | |
Total Liab | 13.1B | 13.7B | 14.2B | 14.5B | 15.2B | 15.9B | |
Property Plant And Equipment Gross | 261.0M | 249.4M | 437.3M | 433.6M | 451.6M | 474.2M | |
Total Current Assets | 2.7B | 3.0B | 4.3B | 476.9M | 672.8M | 639.2M | |
Short Term Debt | 282.4M | 242.0M | 141.9M | 135.1M | 105.9M | 142.2M | |
Common Stock Total Equity | 91.8M | 113.8M | 141.8M | 141.8M | 163.1M | 171.3M | |
Accumulated Other Comprehensive Income | (103K) | 29.9M | (6.8M) | (264.2M) | (228.7M) | (217.3M) | |
Common Stock | 91.8M | 113.8M | 141.8M | 141.8M | 163.1M | 84.0M | |
Other Liab | 138.0M | 251.9M | 207.5M | 120.6M | 138.7M | 76.4M | |
Long Term Debt | 1.6B | 741.3M | 316.8M | 986.4M | 1.6B | 1.7B | |
Short Term Investments | 2.4B | 2.0B | 3.0B | 2.5B | 2.2B | 2.3B | |
Inventory | (282.6M) | (972.8M) | (1.3B) | 1.5M | 81.1M | 85.1M | |
Treasury Stock | (274K) | (9.5M) | (25.9M) | (199.8M) | (229.7M) | (218.2M) | |
Property Plant Equipment | 261.0M | 249.4M | 229.0M | 220.9M | 254.0M | 266.7M | |
Non Current Liabilities Total | 1.6B | 741.3M | 316.8M | 13.9B | 15.1B | 15.8B | |
Other Current Assets | 282.6M | 972.8M | 1.3B | (2.5B) | 674.3M | 640.6M | |
Intangible Assets | 80.4M | 66.3M | 54.9M | 44.6M | 35.5M | 33.7M | |
Good Will | 861.9M | 1.1B | 1.1B | 1.1B | 1.3B | 1.3B | |
Net Tangible Assets | 1.4B | 1.4B | 1.4B | 1.1B | 1.3B | 945.2M | |
Retained Earnings Total Equity | 737.6M | 824.7M | 831.7M | 977.8M | 1.1B | 694.3M | |
Capital Surpluse | 1.2B | 1.6B | 1.6B | 1.6B | 1.9B | 2.0B |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether WesBanco offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WesBanco's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wesbanco Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wesbanco Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WesBanco. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade WesBanco Stock refer to our How to Trade WesBanco Stock guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Regional 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 WesBanco. If investors know WesBanco 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 WesBanco 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 (0.07) | Dividend Share 1.44 | Earnings Share 2.09 | Revenue Per Share 9.341 | Quarterly Revenue Growth 0.026 |
The market value of WesBanco is measured differently than its book value, which is the value of WesBanco that is recorded on the company's balance sheet. Investors also form their own opinion of WesBanco's value that differs from its market value or its book value, called intrinsic value, which is WesBanco's 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 WesBanco's market value can be influenced by many factors that don't directly affect WesBanco's 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 WesBanco's value and its price as these two are different measures arrived at by different means. Investors typically determine if WesBanco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WesBanco'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.