WestRock Good Will vs Net Receivables Analysis

WRK Stock  USD 47.96  0.58  1.19%   
WestRock financial indicator trend analysis is more than just analyzing WestRock current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WestRock is a good investment. Please check the relationship between WestRock Good Will and its Net Receivables accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WestRock Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Good Will vs Net Receivables

Good Will vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WestRock Good Will account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between WestRock's Good Will and Net Receivables is 0.64. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Net Receivables in the same time period over historical financial statements of WestRock Co, assuming nothing else is changed. The correlation between historical values of WestRock's Good Will and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of WestRock Co are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Good Will i.e., WestRock's Good Will and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Net Receivables

Most indicators from WestRock's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WestRock 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 WestRock Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, WestRock's Selling General Administrative is quite stable compared to the past year. Enterprise Value is expected to rise to about 10.8 B this year, although the value of Discontinued Operations is projected to rise to (465.7 M).
 2021 2022 2023 2024 (projected)
Total Revenue21.3B20.3B23.4B24.5B
Depreciation And Amortization1.5B1.5B1.8B1.9B

WestRock fundamental ratios Correlations

0.960.420.870.980.980.960.00.930.730.990.730.940.810.990.980.620.980.990.910.630.930.740.970.80.85
0.960.510.90.890.961.0-0.040.930.650.950.650.940.720.970.950.70.910.990.920.650.870.760.90.680.7
0.420.510.630.330.520.5-0.550.460.50.360.50.480.140.40.490.760.420.480.60.560.270.710.450.00.2
0.870.90.630.80.90.89-0.180.960.760.810.760.960.570.830.940.90.830.910.990.730.670.640.840.460.65
0.980.890.330.80.930.880.060.880.750.990.750.880.850.950.940.50.980.940.840.590.960.710.970.860.91
0.980.960.520.90.930.96-0.030.930.70.960.70.950.750.970.980.70.940.980.940.630.860.730.940.710.77
0.961.00.50.890.880.96-0.020.920.610.940.610.930.710.970.940.690.90.980.910.630.860.750.890.670.69
0.0-0.04-0.55-0.180.06-0.03-0.020.03-0.290.04-0.29-0.010.080.02-0.03-0.36-0.11-0.04-0.14-0.310.06-0.16-0.10.110.03
0.930.930.460.960.880.930.920.030.720.890.720.990.670.90.970.780.880.950.970.630.770.650.880.590.74
0.730.650.50.760.750.70.61-0.290.720.71.00.720.60.640.730.560.790.70.760.770.640.60.780.530.67
0.990.950.360.810.990.960.940.040.890.70.70.90.840.990.950.530.980.970.860.590.960.740.960.850.86
0.730.650.50.760.750.70.61-0.290.721.00.70.720.60.640.730.560.790.70.760.770.640.60.780.530.67
0.940.940.480.960.880.950.93-0.010.990.720.90.720.680.920.980.790.890.960.980.620.770.650.890.610.75
0.810.720.140.570.850.750.710.080.670.60.840.60.680.80.740.260.830.770.620.440.840.550.80.930.77
0.990.970.40.830.950.970.970.020.90.640.990.640.920.80.950.580.950.990.870.570.930.740.940.810.8
0.980.950.490.940.940.980.94-0.030.970.730.950.730.980.740.950.750.950.980.970.620.840.690.950.690.82
0.620.70.760.90.50.70.69-0.360.780.560.530.560.790.260.580.750.580.690.870.550.340.510.60.10.39
0.980.910.420.830.980.940.9-0.110.880.790.980.790.890.830.950.950.580.950.880.630.940.730.980.840.89
0.990.990.480.910.940.980.98-0.040.950.70.970.70.960.770.990.980.690.950.940.630.890.740.940.740.79
0.910.920.60.990.840.940.91-0.140.970.760.860.760.980.620.870.970.870.880.940.670.720.660.880.530.72
0.630.650.560.730.590.630.63-0.310.630.770.590.770.620.440.570.620.550.630.630.670.550.480.620.360.35
0.930.870.270.670.960.860.860.060.770.640.960.640.770.840.930.840.340.940.890.720.550.740.920.910.86
0.740.760.710.640.710.730.75-0.160.650.60.740.60.650.550.740.690.510.730.740.660.480.740.740.530.61
0.970.90.450.840.970.940.89-0.10.880.780.960.780.890.80.940.950.60.980.940.880.620.920.740.80.88
0.80.680.00.460.860.710.670.110.590.530.850.530.610.930.810.690.10.840.740.530.360.910.530.80.84
0.850.70.20.650.910.770.690.030.740.670.860.670.750.770.80.820.390.890.790.720.350.860.610.880.84
Click cells to compare fundamentals

WestRock Account Relationship Matchups

WestRock fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets28.8B29.3B28.4B27.4B31.6B33.1B
Short Long Term Debt Total9.4B8.2B7.8B8.6B9.9B10.4B
Other Current Liab645.1M694.8M(1.3B)1.7B2.0B2.1B
Total Current Liabilities2.9B3.6B3.9B4.9B5.7B5.9B
Total Stockholder Equity10.6B11.7B11.4B10.1B11.6B12.2B
Property Plant And Equipment Net10.8B10.6B10.1B11.1B12.7B13.4B
Net Debt9.2B7.9B7.5B8.2B9.4B9.9B
Retained Earnings1.0B1.6B2.2B278.2M319.9M303.9M
Accounts Payable1.7B2.1B2.3B2.1B2.4B2.6B
Cash251.1M290.9M260.2M393.4M452.4M475.0M
Non Current Assets Total23.8B23.6B22.4B20.5B23.5B24.7B
Cash And Short Term Investments251.1M290.9M260.2M393.4M452.4M475.0M
Net Receivables2.1B2.6B2.7B2.6B3.0B3.1B
Common Stock Shares Outstanding259.2M267.5M261.5M255.9M294.3M147.7M
Liabilities And Stockholders Equity28.8B29.3B28.4B27.4B31.6B33.1B
Non Current Liabilities Total15.2B13.9B13.1B12.4B14.3B15.0B
Inventory2.0B2.2B2.3B2.3B2.7B2.8B
Other Current Assets520.5M597.6M689.8M1.6B1.8B1.9B
Other Stockholder Equity10.9B11.1B10.6B10.7B12.3B12.9B
Total Liab18.1B17.6B17.0B17.3B19.9B20.9B
Total Current Assets4.9B5.7B6.0B7.0B8.0B8.4B
Short Term Debt222.9M168.8M212.2M533M613.0M643.6M
Intangible Assets3.7B3.3B2.9B2.6B3.0B3.1B
Non Currrent Assets Other3.4B3.7B(492M)2.6B2.9B3.1B
Accumulated Other Comprehensive Income(1.3B)(999.1M)(1.5B)(898.6M)(808.7M)(768.3M)
Other Liab5.4B5.9B5.5B3.9B4.5B2.5B
Other Assets2.3B3.7B3.5B2.6B2.9B3.1B
Long Term Debt8.9B8.0B7.6B8.1B9.3B9.7B
Good Will6.0B6.0B5.9B4.2B4.9B2.9B
Property Plant Equipment10.8B10.6B10.1B11.1B12.7B13.4B
Current Deferred Revenue386.7M656.8M2.8B524.9M603.6M378.6M
Property Plant And Equipment Gross10.8B18.7B19.5B21.9B25.2B26.4B
Net Tangible Assets2.1B2.4B2.6B3.3B3.7B2.6B
Deferred Long Term Liab2.9B2.9B121.8M140.9M162.0M153.9M
Short Long Term Debt222.9M168.8M212.2M533M613.0M389.0M
Noncontrolling Interest In Consolidated Entity14.3M16.9M19.7M17.7M15.9M15.1M
Retained Earnings Total Equity2.0B1.0B1.6B2.2B2.0B1.3B
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards WestRock in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, WestRock's short interest history, or implied volatility extrapolated from WestRock options trading.

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 WestRock 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 WestRock 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 Westrock Co Stock. Highlighted below are key reports to facilitate an investment decision about Westrock Co Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WestRock Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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Is WestRock'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 WestRock. If investors know WestRock 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 WestRock 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
(0.68)
Dividend Share
1.128
Earnings Share
(6.71)
Revenue Per Share
78.007
Quarterly Revenue Growth
(0.06)
The market value of WestRock is measured differently than its book value, which is the value of WestRock that is recorded on the company's balance sheet. Investors also form their own opinion of WestRock's value that differs from its market value or its book value, called intrinsic value, which is WestRock'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 WestRock's market value can be influenced by many factors that don't directly affect WestRock'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 WestRock's value and its price as these two are different measures arrived at by different means. Investors typically determine if WestRock is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WestRock'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.