Wheaton Common Stock vs Total Stockholder Equity Analysis

WPM Stock  USD 57.01  1.18  2.11%   
Wheaton Precious financial indicator trend analysis is more than just analyzing Wheaton Precious Metals current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wheaton Precious Metals is a good investment. Please check the relationship between Wheaton Precious Common Stock and its Total Stockholder Equity accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wheaton Precious Metals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

Common Stock vs Total Stockholder Equity

Common Stock vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wheaton Precious Metals Common Stock account and Total Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Wheaton Precious' Common Stock and Total Stockholder Equity is 0.82. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Wheaton Precious Metals, assuming nothing else is changed. The correlation between historical values of Wheaton Precious' Common Stock and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Wheaton Precious Metals are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Common Stock i.e., Wheaton Precious' Common Stock and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Common Stock

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.
Most indicators from Wheaton Precious' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wheaton Precious Metals 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 Wheaton Precious Metals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
At this time, Wheaton Precious' Sales General And Administrative To Revenue is very stable compared to the past year. As of the 19th of May 2024, Enterprise Value is likely to grow to about 7.6 B, while Selling General Administrative is likely to drop about 30.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit658.9M565.5M582.4M611.6M
Total Revenue1.2B1.1B1.0B532.3M

Wheaton Precious fundamental ratios Correlations

-0.230.960.870.07-0.340.230.990.680.230.560.780.150.25-0.220.140.250.640.190.270.040.840.130.880.660.86
-0.23-0.21-0.28-0.240.930.12-0.25-0.290.120.110.11-0.150.170.23-0.080.120.17-0.250.34-0.13-0.270.09-0.2-0.01-0.02
0.96-0.210.77-0.18-0.350.390.930.640.390.730.71-0.110.25-0.26-0.130.410.64-0.070.30.020.930.060.930.790.88
0.87-0.280.770.34-0.32-0.060.890.57-0.060.220.870.390.28-0.190.37-0.050.330.420.090.110.560.150.660.460.86
0.07-0.24-0.180.34-0.11-0.780.170.1-0.78-0.680.140.960.040.040.95-0.78-0.130.96-0.220.14-0.380.25-0.21-0.47-0.16
-0.340.93-0.35-0.32-0.11-0.01-0.34-0.25-0.01-0.070.05-0.03-0.140.320.04-0.020.02-0.140.02-0.05-0.39-0.12-0.36-0.22-0.13
0.230.120.39-0.06-0.78-0.010.110.091.00.640.17-0.6-0.070.05-0.591.00.37-0.580.32-0.180.57-0.120.260.360.33
0.99-0.250.930.890.17-0.340.110.680.110.490.780.230.26-0.230.210.130.60.270.230.070.780.140.860.630.84
0.68-0.290.640.570.1-0.250.090.680.090.280.460.14-0.14-0.250.120.090.410.17-0.030.510.55-0.170.650.240.55
0.230.120.39-0.06-0.78-0.011.00.110.090.640.17-0.6-0.070.05-0.591.00.37-0.580.32-0.180.57-0.120.260.360.33
0.560.110.730.22-0.68-0.070.640.490.280.640.3-0.620.21-0.12-0.620.660.69-0.610.42-0.190.850.030.750.820.6
0.780.110.710.870.140.050.170.780.460.170.30.270.25-0.070.280.190.430.260.180.150.50.130.520.430.87
0.15-0.15-0.110.390.96-0.03-0.60.230.14-0.6-0.620.270.010.121.0-0.59-0.020.99-0.150.1-0.30.27-0.2-0.48-0.07
0.250.170.250.280.04-0.14-0.070.26-0.14-0.070.210.250.01-0.150.03-0.030.190.020.84-0.120.110.760.360.360.27
-0.220.23-0.26-0.190.040.320.05-0.23-0.250.05-0.12-0.070.12-0.150.130.07-0.050.08-0.13-0.1-0.170.4-0.32-0.16-0.19
0.14-0.08-0.130.370.950.04-0.590.210.12-0.59-0.620.281.00.030.13-0.59-0.010.98-0.130.09-0.330.28-0.22-0.49-0.07
0.250.120.41-0.05-0.78-0.021.00.130.091.00.660.19-0.59-0.030.07-0.590.39-0.580.36-0.190.59-0.070.290.380.35
0.640.170.640.33-0.130.020.370.60.410.370.690.43-0.020.19-0.05-0.010.39-0.020.49-0.040.650.280.620.460.51
0.19-0.25-0.070.420.96-0.14-0.580.270.17-0.58-0.610.260.990.020.080.98-0.58-0.02-0.160.11-0.260.28-0.16-0.46-0.05
0.270.340.30.09-0.220.020.320.23-0.030.320.420.18-0.150.84-0.13-0.130.360.49-0.16-0.190.260.660.40.340.26
0.04-0.130.020.110.14-0.05-0.180.070.51-0.18-0.190.150.1-0.12-0.10.09-0.19-0.040.11-0.19-0.13-0.10.03-0.260.03
0.84-0.270.930.56-0.38-0.390.570.780.550.570.850.5-0.30.11-0.17-0.330.590.65-0.260.26-0.13-0.010.880.80.76
0.130.090.060.150.25-0.12-0.120.14-0.17-0.120.030.130.270.760.40.28-0.070.280.280.66-0.1-0.010.110.090.04
0.88-0.20.930.66-0.21-0.360.260.860.650.260.750.52-0.20.36-0.32-0.220.290.62-0.160.40.030.880.110.830.79
0.66-0.010.790.46-0.47-0.220.360.630.240.360.820.43-0.480.36-0.16-0.490.380.46-0.460.34-0.260.80.090.830.7
0.86-0.020.880.86-0.16-0.130.330.840.550.330.60.87-0.070.27-0.19-0.070.350.51-0.050.260.030.760.040.790.7
Click cells to compare fundamentals

Wheaton Precious Account Relationship Matchups

Wheaton Precious fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.3B6.0B6.3B6.8B7.0B7.4B
Total Current Liabilities64.7M31.2M29.7M30.7M25.9M40.0M
Total Stockholder Equity5.3B5.7B6.3B6.7B6.9B7.3B
Property Plant And Equipment Net5.8B5.5B6.0B5.8B6.1B3.2B
Net Debt774.8M6.0M(223.2M)(694.1M)(537.5M)(510.7M)
Accounts Payable11.8M13.0M13.9M12.6M13.4M13.8M
Cash104.0M192.7M226.0M696.1M543.7M570.9M
Non Current Assets Total6.1B5.8B6.0B6.0B6.4B6.8B
Non Currrent Assets Other4.5M5.0M6.9M13.0M15.5M14.7M
Cash And Short Term Investments104.0M192.7M226.0M696.1M543.7M570.9M
Net Receivables7.7M6.7M12.4M10.2M15.9M16.7M
Common Stock Shares Outstanding446.9M450.1M451.2M452.3M453.5M301.7M
Liabilities And Stockholders Equity6.3B6.0B6.3B6.8B7.0B7.4B
Non Current Liabilities Total887.4M211.5M16.3M11.5M25.4M24.1M
Inventory41.5M2.4M8.7M10.5M1.4M1.3M
Other Stockholder Equity(107.1M)126.9M47.0M8.1M9.4M8.9M
Total Liab952.1M242.7M46.0M42.2M51.3M48.7M
Total Current Assets154.8M201.8M249.7M720.1M564.5M592.7M
Intangible Assets4.9M3.0M2.7M2.3M6.4M6.7M
Short Long Term Debt Total878.8M198.6M2.9M2.0M6.2M5.9M
Other Current Liab41.5M76K136K17.3M12.0M17.0M
Short Term Debt724K773K813K818K600.9K570.9K
Retained Earnings1.6B1.9B2.5B2.9B3.2B3.4B
Other Current Assets41.6M64K49K431K3.5M3.9M
Other Assets65.6M54.8M64.4M72.5M83.4M87.5M
Other Liab9.4M13.7M14.3M10.4M11.9M12.5M
Net Tangible Assets5.3B5.7B6.2B6.7B7.7B4.2B
Common Stock Total Equity3.5B3.5B3.6B3.6B4.2B4.4B
Deferred Long Term Liab5.2M5.2M5.6M5.8M6.6M7.0M
Long Term Investments310.6M199.9M61.5M255.5M246.7M259.0M
Accumulated Other Comprehensive Income160.7M126.9M47.0M66.5M(39.9M)(37.9M)
Common Stock3.6B3.6B3.7B3.8B3.8B2.2B
Property Plant Equipment5.7B5.5B5.9B5.7B6.6B3.4B
Property Plant And Equipment Gross5.7B5.5B8.9B8.3B8.9B9.4B
Current Deferred Revenue10.7M17.3M14.8M2.02.32.42
Long Term Debt Total878.0M197.9M2.1M1.2M1.0M985.0K
Net Invested Capital6.2B5.9B6.3B6.7B7.0B6.9B

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When determining whether Wheaton Precious Metals is a strong investment it is important to analyze Wheaton Precious' 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 Wheaton Precious' future performance. For an informed investment choice regarding Wheaton 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 Wheaton Precious Metals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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When running Wheaton Precious' price analysis, check to measure Wheaton Precious' 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 Wheaton Precious is operating at the current time. Most of Wheaton Precious' value examination focuses on studying past and present price action to predict the probability of Wheaton Precious' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wheaton Precious' price. Additionally, you may evaluate how the addition of Wheaton Precious to your portfolios can decrease your overall portfolio volatility.
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Is Wheaton Precious' 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 Wheaton Precious. If investors know Wheaton 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 Wheaton Precious 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
0.472
Dividend Share
0.605
Earnings Share
1.3
Revenue Per Share
2.425
Quarterly Revenue Growth
0.384
The market value of Wheaton Precious Metals is measured differently than its book value, which is the value of Wheaton that is recorded on the company's balance sheet. Investors also form their own opinion of Wheaton Precious' value that differs from its market value or its book value, called intrinsic value, which is Wheaton Precious' 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 Wheaton Precious' market value can be influenced by many factors that don't directly affect Wheaton Precious' 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 Wheaton Precious' value and its price as these two are different measures arrived at by different means. Investors typically determine if Wheaton Precious is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wheaton Precious' 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.