Washington Retained Earnings vs Short Term Investments Analysis

WAFD Stock  USD 30.04  0.25  0.84%   
Washington Federal financial indicator trend analysis is more than just analyzing Washington Federal current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Washington Federal is a good investment. Please check the relationship between Washington Federal Retained Earnings and its Short Term Investments accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Washington Federal. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
For information on how to trade Washington Stock refer to our How to Trade Washington Stock guide.

Retained Earnings vs Short Term Investments

Retained Earnings vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Washington Federal Retained Earnings account and Short Term Investments. At this time, the significance of the direction appears to have no relationship.
The correlation between Washington Federal's Retained Earnings and Short Term Investments is 0.07. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Washington Federal, assuming nothing else is changed. The correlation between historical values of Washington Federal's Retained Earnings and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Washington Federal are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Retained Earnings i.e., Washington Federal's Retained Earnings and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.07
Relationship DirectionPositive 
Relationship StrengthInsignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Short Term Investments

Short Term Investments is an item under the current assets section of Washington Federal balance sheet. It contains any investments Washington Federal undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Washington Federal can easily liquidate in the marketplace.
Most indicators from Washington Federal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Washington Federal 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 Washington Federal. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
For information on how to trade Washington Stock refer to our How to Trade Washington Stock guide.The current year's Selling General Administrative is expected to grow to about 261.5 M, whereas Tax Provision is forecasted to decline to about 52.3 M.
 2021 2022 2023 2024 (projected)
Operating Income285.4M325.1M373.8M365.4M
Other Operating Expenses376.2M417.5M480.2M504.2M

Washington Federal fundamental ratios Correlations

-0.5-0.31-0.44-0.33-0.05-0.67-0.450.42-0.57-0.26-0.08-0.030.640.760.71-0.54-0.60.03-0.510.69-0.19-0.27-0.270.71-0.53
-0.50.90.680.410.590.950.610.010.390.820.550.74-0.21-0.43-0.240.960.40.550.69-0.550.750.720.73-0.570.68
-0.310.90.520.220.820.860.410.030.410.910.490.83-0.12-0.36-0.10.810.10.680.76-0.480.860.570.58-0.40.59
-0.440.680.520.830.330.530.370.440.010.480.40.450.130.070.030.630.340.290.24-0.310.340.960.95-0.570.28
-0.330.410.220.830.130.290.180.61-0.10.270.390.030.330.240.230.40.170.120.09-0.35-0.080.840.84-0.66-0.11
-0.050.590.820.330.130.57-0.180.050.150.660.110.680.16-0.120.180.52-0.050.390.46-0.380.710.380.39-0.220.32
-0.670.950.860.530.290.570.58-0.240.570.790.430.62-0.42-0.67-0.440.940.430.480.8-0.70.710.530.54-0.630.76
-0.450.610.410.370.18-0.180.58-0.030.470.510.680.35-0.46-0.43-0.470.570.260.540.57-0.230.360.380.38-0.340.5
0.420.010.030.440.610.05-0.24-0.03-0.510.160.540.130.690.750.66-0.07-0.460.37-0.190.31-0.10.540.540.05-0.5
-0.570.390.410.01-0.10.150.570.47-0.510.450.160.15-0.46-0.72-0.420.40.130.280.75-0.630.25-0.04-0.03-0.480.42
-0.260.820.910.480.270.660.790.510.160.450.660.7-0.08-0.33-0.040.76-0.170.870.88-0.470.720.550.56-0.440.53
-0.080.550.490.40.390.110.430.680.540.160.660.480.01-0.060.030.5-0.220.80.52-0.110.380.490.49-0.210.11
-0.030.740.830.450.030.680.620.350.130.150.70.48-0.05-0.15-0.040.670.110.630.44-0.070.880.490.50.00.56
0.64-0.21-0.120.130.330.16-0.42-0.460.69-0.46-0.080.01-0.050.820.99-0.22-0.41-0.02-0.40.28-0.190.260.260.15-0.65
0.76-0.43-0.360.070.24-0.12-0.67-0.430.75-0.72-0.33-0.06-0.150.820.8-0.5-0.41-0.12-0.660.58-0.390.180.180.38-0.7
0.71-0.24-0.10.030.230.18-0.44-0.470.66-0.42-0.040.03-0.040.990.8-0.25-0.520.05-0.350.3-0.170.170.170.21-0.65
-0.540.960.810.630.40.520.940.57-0.070.40.760.50.67-0.22-0.5-0.250.440.470.66-0.560.690.650.66-0.60.73
-0.60.40.10.340.17-0.050.430.26-0.460.13-0.17-0.220.11-0.41-0.41-0.520.44-0.47-0.09-0.290.150.250.25-0.330.45
0.030.550.680.290.120.390.480.540.370.280.870.80.63-0.02-0.120.050.47-0.470.71-0.080.60.380.38-0.140.33
-0.510.690.760.240.090.460.80.57-0.190.750.880.520.44-0.4-0.66-0.350.66-0.090.71-0.690.550.260.27-0.520.57
0.69-0.55-0.48-0.31-0.35-0.38-0.7-0.230.31-0.63-0.47-0.11-0.070.280.580.3-0.56-0.29-0.08-0.69-0.13-0.3-0.30.69-0.35
-0.190.750.860.34-0.080.710.710.36-0.10.250.720.380.88-0.19-0.39-0.170.690.150.60.55-0.130.350.36-0.070.64
-0.270.720.570.960.840.380.530.380.54-0.040.550.490.490.260.180.170.650.250.380.26-0.30.351.0-0.550.21
-0.270.730.580.950.840.390.540.380.54-0.030.560.490.50.260.180.170.660.250.380.27-0.30.361.0-0.550.22
0.71-0.57-0.4-0.57-0.66-0.22-0.63-0.340.05-0.48-0.44-0.210.00.150.380.21-0.6-0.33-0.14-0.520.69-0.07-0.55-0.55-0.28
-0.530.680.590.28-0.110.320.760.5-0.50.420.530.110.56-0.65-0.7-0.650.730.450.330.57-0.350.640.210.22-0.28
Click cells to compare fundamentals

Washington Federal Account Relationship Matchups

Washington Federal fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding76.7M72.6M65.4M65.3M75.0M96.0M
Total Assets18.8B19.7B20.8B22.5B25.8B27.1B
Short Long Term Debt Total2.7B1.7B2.1B3.7B4.2B4.4B
Total Stockholder Equity2.0B2.1B2.3B2.4B2.8B1.4B
Property Plant And Equipment Net252.8M255.2M243.1M237.0M272.6M149.0M
Net Debt997.0M(370.8M)1.4B2.7B3.1B3.2B
Retained Earnings1.4B1.5B1.7B1.9B2.1B2.3B
Cash1.7B2.1B684.0M980.6M1.1B1.2B
Non Current Assets Total3.5B3.1B1.2B3.0B3.4B2.2B
Non Currrent Assets Other(61.0M)(66.9M)(2.0B)(62.4M)(56.2M)(59.0M)
Other Assets11.3B12.3B3.5B16.4B18.9B19.8B
Cash And Short Term Investments4.0B4.2B950.03.0B3.4B3.6B
Net Receivables59.5M54.5M63.9M95.5M109.8M115.3M
Liabilities And Stockholders Equity18.8B19.7B20.8B22.5B25.8B27.1B
Non Current Liabilities Total2.7B1.7B2.1B3.7B4.2B5.6B
Other Stockholder Equity440.5M91.7M96.8M75.3M86.6M82.3M
Total Liab2.7B1.7B300.0M3.7B4.2B7.4B
Property Plant And Equipment Gross252.8M387.9M389.0M392.3M451.1M473.7M
Total Current Assets4.0B4.3B16.1B3.1B3.5B2.5B
Other Current Liab12.9B14.9B(1.7B)15.4B17.7B18.6B
Total Current Liabilities14.8B16.2B300.0M19.1B21.9B23.0B
Other Current Assets1.8B2.2B757.4M1.1B976.9M928.1M
Short Term Debt1.8B1.3B2.0B3.7B4.2B4.4B
Common Stock Total Equity135.5M135.7M136.0M136.3M156.7M125.3M
Accumulated Other Comprehensive Income17.0M69.8M52.5M46.9M54.0M56.7M
Common Stock135.7M136.0M136.3M136.5M156.9M126.3M
Other Liab49.5M47.0M50.1M52.6M47.3M81.7M
Accounts Payable250.8M15.5B16.0B16.1B18.5B19.4B
Long Term Debt2.7B1.7B2.1B3.7B4.2B2.1B
Inventory(1.8B)(2.2B)15.3B(1.1B)(1.2B)(1.2B)
Treasury Stock(1.1B)(1.2B)(1.6B)(1.6B)(1.4B)(1.4B)
Intangible Assets7.2M6.6M5.6M5.9M5.3M5.0M
Property Plant Equipment252.8M255.2M243.1M237.0M272.6M187.4M
Short Term Investments2.2B2.1B2.1B2.0B2.3B1.3B
Net Tangible Assets1.7B1.5B1.7B1.8B2.1B1.8B
Capital Surpluse1.7B1.7B1.7B1.7B1.9B1.8B
Long Term Investments3.0B2.5B2.5B2.4B2.2B2.1B

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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 Washington Federal is a strong investment it is important to analyze Washington Federal's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Washington Federal's future performance. For an informed investment choice regarding Washington Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Washington Federal. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
For information on how to trade Washington Stock refer to our How to Trade Washington Stock guide.
Note that the Washington Federal information on this page should be used as a complementary analysis to other Washington Federal'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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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Is Washington Federal'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 Washington Federal. If investors know Washington 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 Washington Federal 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
(0.82)
Dividend Share
0.5
Earnings Share
2.61
Revenue Per Share
9.797
Quarterly Revenue Growth
(0.14)
The market value of Washington Federal is measured differently than its book value, which is the value of Washington that is recorded on the company's balance sheet. Investors also form their own opinion of Washington Federal's value that differs from its market value or its book value, called intrinsic value, which is Washington Federal'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 Washington Federal's market value can be influenced by many factors that don't directly affect Washington Federal'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 Washington Federal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Washington Federal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Washington Federal'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.