Westinghouse Total Stockholder Equity vs Good Will Analysis

WAB Stock  USD 160.54  0.54  0.34%   
Westinghouse Air financial indicator trend analysis is more than just analyzing Westinghouse Air Brake current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Westinghouse Air Brake is a good investment. Please check the relationship between Westinghouse Air Total Stockholder Equity and its Good Will accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westinghouse Air Brake. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Total Stockholder Equity vs Good Will

Total Stockholder Equity vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Westinghouse Air Brake Total Stockholder Equity account and Good Will. At this time, the significance of the direction appears to have totally related.
The correlation between Westinghouse Air's Total Stockholder Equity and Good Will is 1.0. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Good Will in the same time period over historical financial statements of Westinghouse Air Brake, assuming nothing else is changed. The correlation between historical values of Westinghouse Air's Total Stockholder Equity and Good Will 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 Stockholder Equity of Westinghouse Air Brake are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Total Stockholder Equity i.e., Westinghouse Air's Total Stockholder Equity and Good Will go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Westinghouse Air's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Westinghouse Air Brake 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 Westinghouse Air Brake. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
At present, Westinghouse Air's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 4 B, whereas Tax Provision is forecasted to decline to about 167.3 M.
 2021 2022 2023 2024 (projected)
Total Revenue7.8B8.4B9.7B10.2B
Depreciation And Amortization325M449M529M555.5M

Westinghouse Air fundamental ratios Correlations

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Click cells to compare fundamentals

Westinghouse Air Account Relationship Matchups

Westinghouse Air fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets18.9B18.5B18.5B18.5B19.0B19.9B
Short Long Term Debt Total4.3B3.8B4.1B4.0B4.4B4.6B
Other Current Liab1.4B1.2B1.3B1.1B1.2B1.2B
Total Current Liabilities3.3B3.2B2.9B3.5B4.1B4.3B
Total Stockholder Equity10.0B10.1B10.2B10.1B10.5B11.0B
Property Plant And Equipment Net1.7B1.6B1.5B1.4B1.5B1.6B
Net Debt3.7B3.2B3.6B3.5B3.8B4.0B
Retained Earnings3.3B3.6B4.1B4.6B5.3B5.5B
Accounts Payable1.2B909.4M1.0B1.3B1.3B1.3B
Non Current Assets Total14.7B14.6B14.6B14.2B14.1B14.8B
Non Currrent Assets Other573.7M618.7M833M257M155M116.2M
Net Receivables1.7B1.4B1.5B1.5B1.7B1.8B
Common Stock Shares Outstanding177.3M190.4M188.1M182.8M179.5M113.7M
Liabilities And Stockholders Equity18.9B18.5B18.5B18.5B19.0B19.9B
Non Current Liabilities Total5.6B5.1B5.3B4.9B4.4B4.6B
Inventory1.8B1.6B1.7B2.0B2.3B2.4B
Other Current Assets150.9M226.5M193M233M267M280.4M
Other Stockholder Equity7.1B6.9B6.6B6.2B5.8B6.1B
Total Liab8.9B8.3B8.2B8.4B8.5B8.9B
Total Current Assets4.2B3.9B3.8B4.3B4.9B5.1B
Short Term Debt95.7M447.2M2M251M842M884.1M
Intangible Assets4.1B3.9B3.7B3.4B3.2B3.4B
Cash604.2M598.7M473M541M620M651M
Cash And Short Term Investments604.2M598.7M473M541M620M651M
Property Plant And Equipment Gross1.7B1.6B1.5B1.4B2.7B2.8B
Accumulated Other Comprehensive Income(382.6M)(339.1M)(466M)(661M)(590M)(560.5M)
Other Liab1.1B1.3B1.2B855M983.3M1.0B
Other Assets631.7M620M833M850M977.5M1.0B
Long Term Debt4.3B3.8B4.1B3.8B3.3B3.5B
Good Will8.4B8.5B8.6B8.5B8.8B9.2B
Treasury Stock(816.1M)(807.1M)(1.0B)(1.3B)(1.2B)(1.1B)
Property Plant Equipment1.7B1.6B1.5B1.4B1.6B1.7B
Current Deferred Revenue604.2M642.7M629M772M804M844.2M
Net Tangible Assets(2.5B)(2.2B)10.2B10.1B11.6B12.2B
Noncontrolling Interest In Consolidated Entity37.1M30.4M38M45M51.8M81.1M
Retained Earnings Total Equity3.3B3.6B4.1B4.6B5.3B2.7B

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When determining whether Westinghouse Air Brake offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Westinghouse Air'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 Westinghouse Air Brake Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Westinghouse Air Brake Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westinghouse Air Brake. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Westinghouse Air Brake information on this page should be used as a complementary analysis to other Westinghouse Air's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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Is Westinghouse Air's industry 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 Westinghouse Air. If investors know Westinghouse 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 Westinghouse Air 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
0.645
Dividend Share
0.71
Earnings Share
5.12
Revenue Per Share
56.083
Quarterly Revenue Growth
0.138
The market value of Westinghouse Air Brake is measured differently than its book value, which is the value of Westinghouse that is recorded on the company's balance sheet. Investors also form their own opinion of Westinghouse Air's value that differs from its market value or its book value, called intrinsic value, which is Westinghouse Air'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 Westinghouse Air's market value can be influenced by many factors that don't directly affect Westinghouse Air'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 Westinghouse Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Westinghouse Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westinghouse Air'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.