Western Net Interest Income vs Ebit Analysis
| WU Stock | USD 13.14 0.05 0.38% |
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 Net Interest Income and its Ebit 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.
Net Interest Income vs Ebit
Net Interest Income vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Western Union Net Interest Income account and Ebit. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Western Union's Net Interest Income and Ebit is -0.31. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Ebit 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 Net Interest Income and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of Western Union Co are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Net Interest Income i.e., Western Union's Net Interest Income and Ebit go up and down completely randomly.
Correlation Coefficient | -0.31 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Ebit
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
Click cells to compare fundamentals
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
| 0.44 | VCSA | Vacasa Inc | 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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When running Western Union's price analysis, check to measure Western Union's 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 Western Union is operating at the current time. Most of Western Union's value examination focuses on studying past and present price action to predict the probability of Western Union's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Union's price. Additionally, you may evaluate how the addition of Western Union to your portfolios can decrease your overall portfolio volatility.
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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.