Western Cash And Short Term Investments vs Property Plant And Equipment Gross Analysis
WU Stock | USD 12.93 0.02 0.15% |
Western Union financial indicator trend analysis is more than just analyzing Western Union current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Western Union is a good investment. Please check the relationship between Western Union Cash And Short Term Investments and its Property Plant And Equipment Gross accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Union 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 employment.
Cash And Short Term Investments vs Property Plant And Equipment Gross
Cash And Short Term Investments vs Property Plant And Equipment Gross Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Western Union Cash And Short Term Investments account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Western Union's Cash And Short Term Investments and Property Plant And Equipment Gross is -0.14. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Western Union Co, assuming nothing else is changed. The correlation between historical values of Western Union's Cash And Short Term Investments and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Western Union Co are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Cash And Short Term Investments i.e., Western Union's Cash And Short Term Investments and Property Plant And Equipment Gross go up and down completely randomly.
Correlation Coefficient | -0.14 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Western Union balance sheet. This account contains Western Union investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Western Union Co fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Property Plant And Equipment Gross
Most indicators from Western Union's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Western Union 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 Western Union 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 employment. At this time, Western Union's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 9.82 in 2024, whereas Tax Provision is likely to drop slightly above 66.3 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 5.1B | 4.5B | 4.4B | 5.2B | Depreciation And Amortization | 126M | 160.2M | 183.6M | 221.0M |
Western Union fundamental ratios Correlations
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Western Union Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Western Union fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 8.8B | 9.5B | 8.8B | 8.5B | 8.2B | 8.2B | |
Total Stockholder Equity | (39.5M) | 186.6M | 355.6M | 477.8M | 479M | 560.2M | |
Common Stock Shares Outstanding | 430.9M | 415.2M | 408.9M | 388.4M | 371.8M | 478.3M | |
Liabilities And Stockholders Equity | 8.8B | 9.5B | 8.8B | 8.5B | 8.2B | 8.4B | |
Other Assets | 3.7B | 4.8B | 5.0B | 4.6B | (1.0) | (0.95) | |
Other Stockholder Equity | 841.2M | 885.1M | 941M | 995.9M | 1.0B | 555.1M | |
Total Liab | 8.8B | 9.3B | 8.5B | 8.0B | 7.7B | 7.7B | |
Other Current Liab | 774.7M | 848.9M | 595.7M | 545.3M | 46.9M | 44.6M | |
Other Liab | 276.7M | 991.3M | 473.2M | 343.2M | 308.9M | 293.4M | |
Accounts Payable | 601.9M | 500.9M | 450.2M | 464M | 453M | 582.4M | |
Cash | 1.5B | 1.4B | 1.2B | 1.3B | 1.3B | 1.1B | |
Good Will | 2.7B | 2.7B | 2.6B | 2.0B | 2.3B | 2.6B | |
Other Current Assets | (1.5B) | (1.4B) | (1.2B) | (1.3B) | (1.3B) | (1.2B) | |
Intangible Assets | 494.9M | 505M | 417.1M | 457.9M | 380.2M | 462.2M | |
Property Plant Equipment | 186.9M | 150.4M | 129.4M | 109.6M | 126.0M | 199.5M | |
Short Long Term Debt Total | 3.2B | 3.1B | 3.0B | 2.8B | 2.5B | 3.4B | |
Total Current Liabilities | 1.6B | 1.4B | 1.3B | 1.2B | 5.2B | 5.5B | |
Property Plant And Equipment Net | 186.9M | 150.4M | 129.4M | 109.6M | 91.4M | 146.0M | |
Net Debt | 1.8B | 1.6B | 1.8B | 1.5B | 1.2B | 1.8B | |
Non Current Assets Total | 7.3B | 8.1B | 6.2B | 6.9B | 3.0B | 2.8B | |
Non Currrent Assets Other | 4.1B | 4.8B | 3.6B | 4.1B | 4.8B | 3.1B | |
Cash And Short Term Investments | 1.5B | 1.4B | 1.2B | 1.3B | 1.3B | 1.2B | |
Net Receivables | 1.4B | 1.2B | 1.1B | 1.7B | 2.0B | 1.2B | |
Non Current Liabilities Total | 7.2B | 7.9B | 7.1B | 6.8B | 2.5B | 2.4B | |
Property Plant And Equipment Gross | 386.6M | 150M | 779.8M | 622.4M | 656.8M | 689.6M | |
Total Current Assets | 1.5B | 1.4B | 2.7B | 1.5B | 5.2B | 5.5B | |
Accumulated Other Comprehensive Income | (209M) | (159.5M) | (52.1M) | (167.9M) | (167.3M) | (158.9M) | |
Retained Earnings | (675.9M) | (543.1M) | (537.2M) | (353.9M) | (389.1M) | (369.6M) | |
Long Term Debt | 3.0B | 3.1B | 3.0B | 2.6B | 2.1B | 2.4B | |
Common Stock Total Equity | 4.2M | 4M | 3.9M | 3.7M | 3.3M | 4.3M | |
Common Stock | 4.2M | 4.1M | 3.9M | 3.7M | 3.5M | 4.3M | |
Short Term Investments | 3.8B | 3.3B | 2.0B | 1.5B | 1.7B | 2.6B | |
Short Term Debt | 245M | 80M | 275M | 180M | 364.9M | 346.7M | |
Net Tangible Assets | (3.1B) | (2.9B) | (2.1B) | (2.0B) | (1.8B) | (1.9B) | |
Retained Earnings Total Equity | (675.9M) | (543.1M) | (537.2M) | (353.9M) | (318.5M) | (302.6M) | |
Capital Surpluse | 841.2M | 885.1M | 941M | 995.9M | 1.1B | 620.6M | |
Inventory | (1.5B) | 226.7M | 312.3M | 3.5B | 4.0B | 4.2B |
Pair Trading with Western Union
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Western Union position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Western Union will appreciate offsetting losses from the drop in the long position's value.Moving against Western Stock
0.58 | WFCF | Where Food Comes | PairCorr |
The ability to find closely correlated positions to Western Union could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Western Union when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Western Union - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Western Union Co to buy it.
The correlation of Western Union is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Western Union moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Western Union moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Western Union can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Union 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 employment. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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Is Western Union'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 Western Union. If investors know Western 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 Western Union 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 0.025 | Dividend Share 0.94 | Earnings Share 1.69 | Revenue Per Share 12.026 | Quarterly Revenue Growth 0.012 |
The market value of Western Union is measured differently than its book value, which is the value of Western that is recorded on the company's balance sheet. Investors also form their own opinion of Western Union's value that differs from its market value or its book value, called intrinsic value, which is Western Union'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 Western Union's market value can be influenced by many factors that don't directly affect Western Union'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 Western Union's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Union is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western Union'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.