Western Historical Cash Flow
| WDC Stock | USD 73.54 0.47 0.64% |
Analysis of Western Digital cash flow over time is an excellent tool to project Western Digital future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Stock Based Compensation of 384 M or Change In Working Capital of 85 M as it is a great indicator of Western Digital ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Western Digital latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Western Digital is a good buy for the upcoming year.
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About Western Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Western balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Western's non-liquid assets can be easily converted into cash.
Western Digital Cash Flow Chart
Western Cash Flow Statement became part of mandatory reporting in 1987. It is now one of three main statements in accounting used to measure how well a company manages its liquidity and overall cash position. The rate of cash utilization and preservation is now part of the leading indicators of a healthy entity, and the Western Digital Cash Flow Statement shows how well the company generates cash to payout debt obligations or to cover ongoing operating expenses.
At present, Western Digital's Change In Working Capital is projected to decrease significantly based on the last few years of reporting. The current year's Other Non Cash Items is expected to grow to about 110.9 M, whereas Change To Inventory is forecasted to decline to (56.7 M). Add Fundamental
Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Capital Expenditures
Capital Expenditures are funds used by Western Digital to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Western Digital operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Most accounts from Western Digital's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Western Digital current financial condition. On the other hand, looking into the entire matrix of cash flow statement accounts, 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 Digital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade Western Stock refer to our How to Trade Western Stock guide.At present, Western Digital's Change In Working Capital is projected to decrease significantly based on the last few years of reporting. The current year's Other Non Cash Items is expected to grow to about 110.9 M, whereas Change To Inventory is forecasted to decline to (56.7 M).
Western Digital cash flow statement Correlations
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Western Digital Account Relationship Matchups
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Western Digital cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 200M | (546M) | (22M) | (60M) | (54M) | (56.7M) | |
| Change In Cash | (407M) | 322M | (1.0B) | (304M) | (273.6M) | (259.9M) | |
| Stock Based Compensation | 306M | 308M | 318M | 326M | 365.7M | 384.0M | |
| Free Cash Flow | 177M | 895M | 773M | (1.2B) | (1.4B) | (1.3B) | |
| Change In Working Capital | (757M) | (175M) | (1.1B) | 90M | 81M | 85.1M | |
| Begin Period Cash Flow | 3.5B | 3.0B | 3.4B | 2.3B | 2.7B | 2.0B | |
| Depreciation | 1.6B | 1.2B | 929M | 828M | 952.2M | 633.7M | |
| Other Non Cash Items | 39M | (36M) | 86M | 96M | 110.4M | 110.9M | |
| Capital Expenditures | 647M | 1.0B | 1.1B | 807M | 928.1M | 974.5M | |
| Total Cash From Operating Activities | 824M | 1.9B | 1.9B | (408M) | (469.2M) | (445.7M) | |
| Net Income | (250M) | 821M | 1.5B | (1.7B) | (2.0B) | (1.9B) | |
| Total Cash From Financing Activities | (1.5B) | (817M) | (1.7B) | 875M | 787.5M | 826.9M | |
| End Period Cash Flow | 3.0B | 3.4B | 2.3B | 2.0B | 2.3B | 2.1B | |
| Sale Purchase Of Stock | (141M) | (56M) | (90M) | (80M) | (92M) | (87.4M) | |
| Change To Account Receivables | (1.2B) | 121M | (546M) | 1.2B | 1.4B | 1.5B | |
| Total Cashflows From Investing Activities | 278M | (765M) | (1.2B) | (762M) | (876.3M) | (920.1M) | |
| Other Cashflows From Investing Activities | 931M | 231M | (91M) | 45M | 51.8M | 54.3M | |
| Change To Liabilities | 267M | 2M | (207M) | (871M) | (783.9M) | (744.7M) | |
| Investments | 278M | 7M | 6M | (762M) | (685.8M) | (651.5M) | |
| Net Borrowings | (982M) | (886M) | (1.7B) | (19M) | (17.1M) | (16.2M) | |
| Dividends Paid | 595M | 22M | 90M | 80M | 72M | 68.4M | |
| Change To Netincome | 711M | 225M | 482M | 348M | 400.2M | 294.3M | |
| Change To Operating Activities | (398M) | (49M) | 248M | (300M) | (345M) | (327.8M) |
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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 Western Digital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Western Digital's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Western Digital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Western Digital Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Digital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade Western Stock refer to our How to Trade Western Stock guide.Note that the Western Digital information on this page should be used as a complementary analysis to other Western Digital's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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When running Western Digital's price analysis, check to measure Western Digital'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 Digital is operating at the current time. Most of Western Digital's value examination focuses on studying past and present price action to predict the probability of Western Digital'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 Digital's price. Additionally, you may evaluate how the addition of Western Digital to your portfolios can decrease your overall portfolio volatility.
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Is Western Digital'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 Digital. 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 Digital 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 (0.96) | Earnings Share (5.07) | Revenue Per Share 36.933 | Quarterly Revenue Growth (0.41) | Return On Assets (0.03) |
The market value of Western Digital 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 Digital's value that differs from its market value or its book value, called intrinsic value, which is Western Digital'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 Digital's market value can be influenced by many factors that don't directly affect Western Digital'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 Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western Digital'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.