Westshore Ev To Sales vs Days Sales Outstanding Analysis

WTE Stock

CAD 25.66 0.85 3.43%

Westshore Terminals financial indicator trend analysis is more than just analyzing Westshore Terminals current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Westshore Terminals is a good investment. Please check the relationship between Westshore Terminals Ev To Sales and its Days Sales Outstanding accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westshore Terminals Investment. 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.

Ev To Sales vs Days Sales Outstanding

Ev To Sales vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Westshore Terminals Ev To Sales account and Days Sales Outstanding. At this time, the significance of the direction appears to have very week relationship.

The correlation between Westshore Terminals' Ev To Sales and Days Sales Outstanding is 0.25. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Westshore Terminals Investment, assuming nothing else is changed. The correlation between historical values of Westshore Terminals' Ev To Sales and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Sales of Westshore Terminals Investment are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Ev To Sales i.e., Westshore Terminals' Ev To Sales and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

0.25

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

Days Sales Outstanding

Most indicators from Westshore Terminals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Westshore Terminals 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 Westshore Terminals Investment. 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, Westshore Terminals' Sales General And Administrative To Revenue is very stable compared to the past year. As of the 27th of February 2025, Enterprise Value Over EBITDA is likely to grow to 8.96, while Selling General Administrative is likely to drop about 12 M.

	2022	2023	2024	2025 (projected)
Gross Profit	114.0M	179.6M	206.6M	169.8M
Total Revenue	292.0M	381.0M	438.1M	304.8M

Gross Profit Total Revenue

Westshore Terminals fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Net Receivables	Other Current Assets	Short Long Term Debt Total	Retained Earnings	Common Stock Total Equity	Non Current Liabilities Total	Common Stock	Property Plant And Equipment Net	Good Will	Inventory	Property Plant And Equipment Gross	Other Liab
Total Assets		-0.1	0.51	0.79	0.3	0.51	0.8	0.99	0.14	0.8	-0.78	-0.25	0.72	0.81	0.5	0.41	0.53	0.33	0.11	0.71	0.08	0.84	-0.15	0.94	0.81	0.94
Other Current Liab	-0.1		0.15	-0.38	-0.03	-0.01	-0.01	-0.13	-0.29	-0.01	0.04	-0.13	0.14	0.02	0.2	-0.03	-0.43	-0.29	0.16	0.16	0.14	-0.15	-0.07	-0.13	0.01	-0.07
Total Current Liabilities	0.51	0.15		0.35	0.27	0.97	0.58	0.51	-0.09	0.58	-0.71	-0.43	0.77	0.71	0.91	0.22	0.39	-0.06	0.38	0.77	0.38	0.75	-0.75	0.57	0.78	0.66
Total Stockholder Equity	0.79	-0.38	0.35		-0.11	0.42	0.61	0.81	0.52	0.61	-0.66	0.01	0.35	0.6	0.28	0.34	0.21	0.51	0.04	0.35	0.03	0.74	-0.17	0.76	0.68	0.76
Net Debt	0.3	-0.03	0.27	-0.11		0.22	0.24	0.32	-0.27	0.24	-0.45	-0.13	0.59	0.28	0.41	0.04	0.54	0.12	-0.24	0.59	-0.24	0.37	-0.23	0.22	0.37	0.25
Accounts Payable	0.51	-0.01	0.97	0.42	0.22		0.52	0.52	-0.02	0.52	-0.67	-0.41	0.7	0.66	0.88	0.21	0.44	-0.03	0.39	0.69	0.39	0.75	-0.71	0.59	0.75	0.67
Cash	0.8	-0.01	0.58	0.61	0.24	0.52		0.75	-0.03	1.0	-0.81	-0.36	0.83	0.98	0.49	0.33	0.47	0.2	0.14	0.8	0.14	0.86	-0.43	0.78	0.85	0.77
Non Current Assets Total	0.99	-0.13	0.51	0.81	0.32	0.52	0.75		0.2	0.75	-0.79	-0.19	0.7	0.76	0.52	0.41	0.52	0.39	0.06	0.7	0.04	0.85	-0.17	0.91	0.81	0.94
Non Currrent Assets Other	0.14	-0.29	-0.09	0.52	-0.27	-0.02	-0.03	0.2		-0.03	-0.23	0.7	-0.16	-0.05	-0.02	0.11	-0.2	0.78	-0.55	-0.09	-0.55	0.18	-0.09	-0.01	0.17	0.17
Cash And Short Term Investments	0.8	-0.01	0.58	0.61	0.24	0.52	1.0	0.75	-0.03		-0.81	-0.36	0.83	0.98	0.49	0.33	0.47	0.2	0.14	0.8	0.14	0.86	-0.43	0.78	0.85	0.77
Common Stock Shares Outstanding	-0.78	0.04	-0.71	-0.66	-0.45	-0.67	-0.81	-0.79	-0.23	-0.81		0.03	-0.86	-0.85	-0.73	-0.32	-0.39	-0.52	0.14	-0.89	0.14	-0.95	0.67	-0.67	-0.97	-0.81
Other Stockholder Equity	-0.25	-0.13	-0.43	0.01	-0.13	-0.41	-0.36	-0.19	0.7	-0.36	0.03		-0.35	-0.41	-0.24	-0.24	-0.39	0.79	-0.88	-0.25	-0.88	-0.23	0.0	-0.52	-0.19	-0.29
Total Liab	0.72	0.14	0.77	0.35	0.59	0.7	0.83	0.7	-0.16	0.83	-0.86	-0.35		0.89	0.81	0.32	0.59	0.15	0.06	0.99	0.06	0.87	-0.61	0.66	0.89	0.76
Total Current Assets	0.81	0.02	0.71	0.6	0.28	0.66	0.98	0.76	-0.05	0.98	-0.85	-0.41	0.89		0.64	0.34	0.51	0.16	0.19	0.87	0.19	0.91	-0.52	0.8	0.91	0.81
Net Receivables	0.5	0.2	0.91	0.28	0.41	0.88	0.49	0.52	-0.02	0.49	-0.73	-0.24	0.81	0.64		0.13	0.39	0.11	0.13	0.82	0.13	0.74	-0.73	0.47	0.78	0.63
Other Current Assets	0.41	-0.03	0.22	0.34	0.04	0.21	0.33	0.41	0.11	0.33	-0.32	-0.24	0.32	0.34	0.13		0.38	0.03	0.16	0.29	0.15	0.39	-0.07	0.45	0.43	0.59
Short Long Term Debt Total	0.53	-0.43	0.39	0.21	0.54	0.44	0.47	0.52	-0.2	0.47	-0.39	-0.39	0.59	0.51	0.39	0.38		-0.01	0.1	0.54	0.1	0.5	-0.12	0.58	0.45	0.58
Retained Earnings	0.33	-0.29	-0.06	0.51	0.12	-0.03	0.2	0.39	0.78	0.2	-0.52	0.79	0.15	0.16	0.11	0.03	-0.01		-0.82	0.24	-0.83	0.37	-0.2	0.05	0.38	0.28
Common Stock Total Equity	0.11	0.16	0.38	0.04	-0.24	0.39	0.14	0.06	-0.55	0.14	0.14	-0.88	0.06	0.19	0.13	0.16	0.1	-0.82		-0.02	1.0	0.06	0.0	0.4	0.02	0.16
Non Current Liabilities Total	0.71	0.16	0.77	0.35	0.59	0.69	0.8	0.7	-0.09	0.8	-0.89	-0.25	0.99	0.87	0.82	0.29	0.54	0.24	-0.02		-0.03	0.87	-0.64	0.62	0.9	0.75
Common Stock	0.08	0.14	0.38	0.03	-0.24	0.39	0.14	0.04	-0.55	0.14	0.14	-0.88	0.06	0.19	0.13	0.15	0.1	-0.83	1.0	-0.03		0.05	-0.01	0.38	0.02	0.14
Property Plant And Equipment Net	0.84	-0.15	0.75	0.74	0.37	0.75	0.86	0.85	0.18	0.86	-0.95	-0.23	0.87	0.91	0.74	0.39	0.5	0.37	0.06	0.87	0.05		-0.59	0.8	0.97	0.88
Good Will	-0.15	-0.07	-0.75	-0.17	-0.23	-0.71	-0.43	-0.17	-0.09	-0.43	0.67	0.0	-0.61	-0.52	-0.73	-0.07	-0.12	-0.2	0.0	-0.64	-0.01	-0.59		-0.13	-0.64	-0.32
Inventory	0.94	-0.13	0.57	0.76	0.22	0.59	0.78	0.91	-0.01	0.78	-0.67	-0.52	0.66	0.8	0.47	0.45	0.58	0.05	0.4	0.62	0.38	0.8	-0.13		0.75	0.91
Property Plant And Equipment Gross	0.81	0.01	0.78	0.68	0.37	0.75	0.85	0.81	0.17	0.85	-0.97	-0.19	0.89	0.91	0.78	0.43	0.45	0.38	0.02	0.9	0.02	0.97	-0.64	0.75		0.88
Other Liab	0.94	-0.07	0.66	0.76	0.25	0.67	0.77	0.94	0.17	0.77	-0.81	-0.29	0.76	0.81	0.63	0.59	0.58	0.28	0.16	0.75	0.14	0.88	-0.32	0.91	0.88

Click cells to compare fundamentals

Westshore Terminals Account Relationship Matchups

Westshore Terminals fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.3B	1.3B	1.3B	1.4B	1.6B	830.2M
Other Current Liab	10.1M	15.8M	19.5M	21.9M	19.7M	16.2M
Total Current Liabilities	76.5M	75.3M	78.8M	145.5M	167.4M	175.7M
Total Stockholder Equity	740.6M	788.5M	712.7M	729.6M	839.0M	610.1M
Net Debt	84.6M	39.8M	124.5M	113.1M	130.1M	136.6M
Accounts Payable	44.7M	44.6M	45.1M	103.1M	118.5M	124.5M
Cash	201.4M	243.5M	156.0M	164.7M	189.5M	198.9M
Non Current Assets Total	1.0B	1.0B	1.1B	1.2B	1.3B	720.5M
Non Currrent Assets Other	(104.3M)	(80.3M)	37.3M	28.3M	25.5M	24.2M
Cash And Short Term Investments	201.4M	243.5M	156.0M	164.7M	189.5M	198.9M
Common Stock Shares Outstanding	66.7M	64.7M	63.3M	62.5M	56.3M	56.6M
Liabilities And Stockholders Equity	1.3B	1.3B	1.3B	1.4B	1.6B	830.2M
Total Liab	510.8M	508.4M	546.1M	665.1M	764.8M	803.1M
Total Current Assets	233.8M	278.4M	195.5M	228.8M	263.1M	276.3M
Net Receivables	11.6M	15.2M	20.3M	41.8M	48.1M	50.5M
Other Current Assets	2.6M	1.9M	14.1M	3.7M	4.3M	3.8M
Short Long Term Debt Total	286.0M	283.3M	280.6M	277.9M	319.6M	235.2M
Retained Earnings	(715.8M)	(665.2M)	(731.1M)	(707.0M)	(636.3M)	(668.1M)
Non Current Liabilities Total	434.3M	433.1M	467.3M	642.2M	738.5M	775.4M
Common Stock	1.5B	1.5B	1.4B	1.4B	1.7B	1.4B
Property Plant And Equipment Net	652.0M	632.7M	651.6M	758.2M	871.9M	915.5M
Inventory	18.2M	17.8M	17.6M	18.5M	21.3M	12.4M
Property Plant And Equipment Gross	652.0M	935.0M	972.1M	1.1B	1.3B	1.3B
Other Liab	134.9M	151.0M	152.5M	189.6M	218.0M	142.3M
Net Tangible Assets	344.3M	375.0M	422.9M	338.4M	389.1M	296.2M
Property Plant Equipment	666.0M	652.0M	632.7M	651.6M	749.4M	508.5M
Current Deferred Revenue	13.0M	12.2M	11.4M	1.5M	1.7M	1.7M
Short Term Debt	2.7M	2.7M	2.8M	3.0M	2.7M	4.4M
Long Term Debt Total	286.0M	283.3M	280.6M	277.7M	319.4M	222.6M
Cash And Equivalents	131.9M	201.4M	243.5M	156.0M	179.4M	148.0M
Net Invested Capital	740.6M	788.5M	712.7M	729.6M	839.0M	777.5M
Net Working Capital	157.3M	203.1M	116.8M	83.3M	95.8M	106.0M
Capital Stock	1.5B	1.5B	1.4B	1.4B	1.3B	1.2B
Capital Lease Obligations	286.0M	283.3M	280.6M	277.9M	250.1M	226.6M

Pair Trading with Westshore Terminals

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 Westshore Terminals 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 Westshore Terminals will appreciate offsetting losses from the drop in the long position's value.

Moving against Westshore Stock

0.53	FFH-PF	Fairfax Financial	Pair Corr
0.51	FFH-PE	Fairfax Financial	Pair Corr
0.47	PIC-A	Premium Income	Pair Corr

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

The correlation of Westshore Terminals 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 Westshore Terminals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Westshore Terminals 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 Westshore Terminals 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

Other Information on Investing in Westshore Stock

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

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Westshore Ev To Sales vs Days Sales Outstanding Analysis

Ev To Sales vs Days Sales Outstanding

Ev To Sales vs Days Sales Outstanding Correlation Analysis

Correlation Coefficient

Ev To Sales

Days Sales Outstanding

Westshore Terminals fundamental ratios Correlations

Westshore Terminals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Westshore Terminals fundamental ratios Accounts

Pair Trading with Westshore Terminals

Moving against Westshore Stock

Other Information on Investing in Westshore Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Non Current Assets Total	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Total Liab
Total Current Assets	+ 0.98	Cash
Total Current Assets	+ 0.98	Cash And Short Term Investments

Property Plant And Equipment Gross	- 0.97	Common Stock Shares Outstanding
Property Plant And Equipment Net	- 0.95	Common Stock Shares Outstanding
Non Current Liabilities Total	- 0.89	Common Stock Shares Outstanding
Common Stock	- 0.88	Other Stockholder Equity
Common Stock Total Equity	- 0.88	Other Stockholder Equity
Total Liab	- 0.86	Common Stock Shares Outstanding