Weis Total Current Assets vs Net Debt Analysis
WMK Stock | USD 68.91 3.25 4.95% |
Weis Markets financial indicator trend analysis is more than just analyzing Weis Markets current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Weis Markets is a good investment. Please check the relationship between Weis Markets Total Current Assets and its Net Debt accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Weis Markets. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. For more information on how to buy Weis Stock please use our How to buy in Weis Stock guide.
Total Current Assets vs Net Debt
Total Current Assets vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Weis Markets Total Current Assets account and Net Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Weis Markets' Total Current Assets and Net Debt is 0.54. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of Weis Markets, assuming nothing else is changed. The correlation between historical values of Weis Markets' Total Current Assets and Net 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 Total Current Assets of Weis Markets are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Current Assets i.e., Weis Markets' Total Current Assets and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.54 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most indicators from Weis Markets' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Weis Markets 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 Weis Markets. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. For more information on how to buy Weis Stock please use our How to buy in Weis Stock guide.At this time, Weis Markets' Sales General And Administrative To Revenue is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 11.95 this year, although the value of Selling General Administrative will most likely fall to about 669.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.1B | 1.2B | 1.1B | 688.5M | Total Revenue | 4.2B | 4.7B | 4.7B | 2.6B |
Weis Markets fundamental ratios Correlations
Click cells to compare fundamentals
Weis Markets Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Weis Markets fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.7B | 1.8B | 1.9B | 2.0B | 2.1B | 1.1B | |
Other Current Liab | 63.4M | 75.0M | 74.6M | 83.2M | 61.5M | 55.7M | |
Total Current Liabilities | 291.9M | 346.3M | 345.2M | 345.4M | 340.8M | 185.1M | |
Total Stockholder Equity | 1.1B | 1.1B | 1.2B | 1.3B | 1.4B | 854.4M | |
Property Plant And Equipment Net | 1.1B | 1.1B | 1.2B | 1.1B | 1.1B | 578.6M | |
Net Debt | 151.9M | 71.6M | 115.6M | 28.0M | (1.2M) | (1.3M) | |
Retained Earnings | 1.2B | 1.3B | 1.4B | 1.4B | 1.5B | 967.8M | |
Cash | 66.9M | 136.6M | 86.0M | 158.0M | 184.2M | 193.4M | |
Non Current Assets Total | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | 1.3B | |
Cash And Short Term Investments | 149.3M | 271.2M | 318.9M | 367.1M | 436.9M | 458.7M | |
Net Receivables | 55.8M | 56.8M | 52.1M | 50.9M | 65.1M | 45.3M | |
Liabilities And Stockholders Equity | 1.7B | 1.8B | 1.9B | 2.0B | 2.1B | 1.1B | |
Non Current Liabilities Total | 324.9M | 328.0M | 345.5M | 312.0M | 352.1M | 369.7M | |
Inventory | 279.8M | 269.0M | 269.6M | 293.3M | 296.2M | 202.1M | |
Other Current Assets | 23.4M | 29.2M | 31.1M | 29.9M | 34.1M | 32.4M | |
Total Liab | 616.8M | 674.3M | 690.7M | 657.3M | 692.9M | 727.5M | |
Property Plant And Equipment Gross | 1.1B | 924.4M | 2.6B | 2.7B | 2.8B | 2.9B | |
Total Current Assets | 508.3M | 626.2M | 671.7M | 741.2M | 832.2M | 519.1M | |
Accumulated Other Comprehensive Income | 1.5M | 3.3M | 1.7M | (6.4M) | (1.2M) | (1.3M) | |
Intangible Assets | 17.8M | 17.6M | 17.5M | 18.8M | 17.9M | 15.1M | |
Non Currrent Assets Other | (97.0M) | (103.4M) | 990K | (88.5M) | 1.7M | 1.8M | |
Accounts Payable | 180.7M | 221.6M | 218.8M | 206.8M | 226.2M | 133.3M | |
Short Term Investments | 82.5M | 134.6M | 232.8M | 209.1M | 252.6M | 265.3M | |
Other Assets | 716K | 199.9M | 990K | 1.8M | 2.0M | 1.9M | |
Property Plant Equipment | 886.9M | 924.4M | 977.8M | 970.9M | 1.1B | 714.4M | |
Current Deferred Revenue | 8.7M | 10.6M | 11.9M | 11.8M | 12.4M | 7.6M | |
Other Liab | 145.2M | 159.0M | 183.9M | 169.5M | 195.0M | 204.7M | |
Short Term Debt | 39.1M | 39.2M | 39.9M | 43.5M | 40.7M | 28.7M | |
Net Tangible Assets | 1.0B | 1.1B | 1.2B | 1.2B | 1.4B | 1.0B | |
Retained Earnings Total Equity | 1.2B | 1.3B | 1.4B | 1.4B | 1.7B | 1.2B | |
Deferred Long Term Liab | 97.0M | 103.4M | 115.1M | 111.2M | 127.9M | 108.4M | |
Non Current Liabilities Other | 227.8M | 224.6M | 230.4M | 200.7M | 9.9M | 9.4M |
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 Weis Markets is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Weis Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Weis Markets Stock. Highlighted below are key reports to facilitate an investment decision about Weis Markets Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Weis Markets. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. For more information on how to buy Weis Stock please use our How to buy in Weis Stock guide.You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Weis Stock analysis
When running Weis Markets' price analysis, check to measure Weis Markets' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Weis Markets is operating at the current time. Most of Weis Markets' value examination focuses on studying past and present price action to predict the probability of Weis Markets' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Weis Markets' price. Additionally, you may evaluate how the addition of Weis Markets to your portfolios can decrease your overall portfolio volatility.
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets |
Is Weis Markets' 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 Weis Markets. If investors know Weis 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 Weis Markets 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 (0.10) | Dividend Share 1.36 | Earnings Share 3.76 | Revenue Per Share 175.852 | Quarterly Revenue Growth 0.029 |
The market value of Weis Markets is measured differently than its book value, which is the value of Weis that is recorded on the company's balance sheet. Investors also form their own opinion of Weis Markets' value that differs from its market value or its book value, called intrinsic value, which is Weis Markets' 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 Weis Markets' market value can be influenced by many factors that don't directly affect Weis Markets' 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 Weis Markets' value and its price as these two are different measures arrived at by different means. Investors typically determine if Weis Markets is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Weis Markets' 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.