Werner Non Current Assets Total vs Inventory Analysis

WERN Stock  USD 30.61  0.60  2.00%   
Werner Enterprises financial indicator trend analysis is more than just analyzing Werner Enterprises current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Werner Enterprises is a good investment. Please check the relationship between Werner Enterprises Non Current Assets Total and its Inventory accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Werner Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Werner Stock, please use our How to Invest in Werner Enterprises guide.

Non Current Assets Total vs Inventory

Non Current Assets Total vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Werner Enterprises Non Current Assets Total account and Inventory. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Werner Enterprises' Non Current Assets Total and Inventory is -0.2. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Inventory in the same time period over historical financial statements of Werner Enterprises, assuming nothing else is changed. The correlation between historical values of Werner Enterprises' Non Current Assets Total and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Werner Enterprises are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Non Current Assets Total i.e., Werner Enterprises' Non Current Assets Total and Inventory go up and down completely randomly.

Correlation Coefficient

-0.2
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Inventory

Most indicators from Werner Enterprises' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Werner Enterprises 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 Werner Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Werner Stock, please use our How to Invest in Werner Enterprises guide.As of the 4th of January 2026, Enterprise Value is likely to grow to about 3.1 B, while Selling General Administrative is likely to drop about 139 M.
 2023 2024 2025 2026 (projected)
Interest Expense33.5M39.2M35.3M49.2M
Depreciation And Amortization299.5M290.4M334.0M350.7M

Werner Enterprises fundamental ratios Correlations

0.920.970.960.980.990.920.990.71.00.740.70.95-0.420.970.5-0.930.990.960.94-0.10.940.570.58-0.190.57
0.920.860.830.830.871.00.90.70.930.850.70.82-0.690.970.39-0.970.960.930.82-0.250.830.270.28-0.170.49
0.970.860.960.970.980.860.980.530.970.720.530.89-0.370.910.46-0.870.940.950.87-0.040.90.620.63-0.160.45
0.960.830.960.960.980.830.960.550.960.680.550.89-0.330.880.44-0.840.920.920.860.040.940.620.63-0.190.44
0.980.830.970.960.990.820.990.630.970.620.630.95-0.270.90.52-0.850.930.920.93-0.020.930.660.67-0.240.55
0.990.870.980.980.990.860.990.630.990.670.630.93-0.330.930.51-0.880.950.940.92-0.040.930.640.65-0.210.53
0.921.00.860.830.820.860.90.660.930.860.660.8-0.710.960.38-0.960.960.930.79-0.260.820.260.27-0.170.45
0.990.90.980.960.990.990.90.661.00.730.660.94-0.410.950.48-0.920.970.960.92-0.080.930.570.58-0.230.53
0.70.70.530.550.630.630.660.660.670.481.00.8-0.270.760.43-0.750.740.640.83-0.110.690.360.36-0.170.88
1.00.930.970.960.970.990.931.00.670.760.670.93-0.460.970.49-0.940.980.970.91-0.110.930.540.55-0.20.52
0.740.850.720.680.620.670.860.730.480.760.480.62-0.710.820.13-0.850.810.790.62-0.140.690.150.160.010.2
0.70.70.530.550.630.630.660.661.00.670.480.8-0.270.760.43-0.750.740.640.83-0.110.690.360.36-0.170.88
0.950.820.890.890.950.930.80.940.80.930.620.8-0.230.910.48-0.860.920.860.99-0.030.90.640.65-0.250.72
-0.42-0.69-0.37-0.33-0.27-0.33-0.71-0.41-0.27-0.46-0.71-0.27-0.23-0.530.110.61-0.51-0.53-0.210.35-0.30.410.410.190.0
0.970.970.910.880.90.930.960.950.760.970.820.760.91-0.530.47-0.971.00.950.91-0.20.90.450.46-0.140.59
0.50.390.460.440.520.510.380.480.430.490.130.430.480.110.47-0.420.470.430.53-0.320.550.630.630.210.45
-0.93-0.97-0.87-0.84-0.85-0.88-0.96-0.92-0.75-0.94-0.85-0.75-0.860.61-0.97-0.42-0.96-0.93-0.850.22-0.86-0.35-0.350.18-0.53
0.990.960.940.920.930.950.960.970.740.980.810.740.92-0.511.00.47-0.960.960.92-0.160.920.490.5-0.150.58
0.960.930.950.920.920.940.930.960.640.970.790.640.86-0.530.950.43-0.930.960.85-0.160.90.460.48-0.140.51
0.940.820.870.860.930.920.790.920.830.910.620.830.99-0.210.910.53-0.850.920.85-0.040.910.660.67-0.140.75
-0.1-0.25-0.040.04-0.02-0.04-0.26-0.08-0.11-0.11-0.14-0.11-0.030.35-0.2-0.320.22-0.16-0.16-0.04-0.070.270.27-0.28-0.06
0.940.830.90.940.930.930.820.930.690.930.690.690.9-0.30.90.55-0.860.920.90.91-0.070.620.630.010.54
0.570.270.620.620.660.640.260.570.360.540.150.360.640.410.450.63-0.350.490.460.660.270.621.00.140.46
0.580.280.630.630.670.650.270.580.360.550.160.360.650.410.460.63-0.350.50.480.670.270.631.00.140.46
-0.19-0.17-0.16-0.19-0.24-0.21-0.17-0.23-0.17-0.20.01-0.17-0.250.19-0.140.210.18-0.15-0.14-0.14-0.280.010.140.14-0.17
0.570.490.450.440.550.530.450.530.880.520.20.880.720.00.590.45-0.530.580.510.75-0.060.540.460.46-0.17
Click cells to compare fundamentals

Werner Enterprises Account Relationship Matchups

Werner Enterprises fundamental ratios Accounts

202120222023202420252026 (projected)
Total Assets2.7B3.2B3.2B3.1B3.5B3.7B
Short Long Term Debt Total456.5M736.0M685.3M701.8M807.0M847.4M
Other Current Liab163.3M169.4M183.1M208.0M239.2M251.1M
Total Current Liabilities268.7M309.5M330.6M355.7M409.1M429.6M
Total Stockholder Equity1.3B1.4B1.5B1.5B1.7B1.8B
Property Plant And Equipment Net1.6B1.9B2.0B1.9B2.2B2.3B
Net Debt402.3M628.8M623.5M661.0M760.2M798.2M
Retained Earnings1.7B1.9B2.0B2.0B2.2B2.4B
Cash54.2M107.2M61.7M40.8M46.9M32.1M
Non Current Assets Total2.1B2.4B2.5B2.5B2.9B3.0B
Non Currrent Assets Other159.8M125.6M248.3M294.4M338.5M355.5M
Cash And Short Term Investments54.2M107.2M61.7M40.8M46.9M32.1M
Net Receivables497.4M560.3M470.4M417.8M480.5M504.5M
Common Stock Shares Outstanding67.9M64.6M63.7M62.7M56.4M58.5M
Liabilities And Stockholders Equity2.7B3.2B3.2B3.1B3.5B3.7B
Non Current Liabilities Total1.1B1.4B1.3B1.2B1.4B1.5B
Other Current Assets68.5M80.6M84.4M69.0M79.4M45.0M
Other Stockholder Equity(319.8M)(421.8M)(416.2M)(479.2M)(431.3M)(409.7M)
Total Liab1.3B1.7B1.6B1.6B1.8B1.9B
Property Plant And Equipment Gross1.6B2.9B3.0B2.9B3.4B3.6B
Total Current Assets631.2M762.6M634.6M541.8M623.0M654.2M
Accumulated Other Comprehensive Income(20.6M)(11.3M)(9.7M)(18.4M)(21.2M)(22.3M)
Short Term Debt11.4M15.6M11.5M35.4M40.7M27.7M
Accounts Payable94.0M124.5M136.0M112.4M129.3M135.8M
Inventory11.1M14.5M18.1M14.2M16.3M14.7M
Current Deferred Revenue137.5M145.7M313.3M112.1M128.9M106.6M
Other Liab490.9M512.6M534.3M585.0M672.8M706.4M
Other Assets139.9M156.5M229.3M253.5M291.5M306.1M
Long Term Debt422.5M687.5M646.3M630M724.5M760.7M
Property Plant Equipment1.5B1.5B1.6B1.9B2.1B1.2B
Net Tangible Assets1.1B1.2B1.2B1.2B1.4B1.1B
Non Current Liabilities Other43.3M59.7M54.3M66.2M59.6M109.8M

Pair Trading with Werner Enterprises

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 Werner Enterprises 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 Werner Enterprises will appreciate offsetting losses from the drop in the long position's value.

Moving together with Werner Stock

  0.85KNX Knight Transportation Sell-off TrendPairCorr
  0.62JBHT JB Hunt TransportPairCorr
  0.94MRTN Marten TransportPairCorr

Moving against Werner Stock

  0.39PIFMY Indofood Sukses MakmurPairCorr
  0.32CVX Chevron CorpPairCorr
The ability to find closely correlated positions to Werner Enterprises could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Werner Enterprises 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 Werner Enterprises - 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 Werner Enterprises to buy it.
The correlation of Werner Enterprises 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 Werner Enterprises moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Werner Enterprises 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 Werner Enterprises 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.
Pair CorrelationCorrelation Matching
When determining whether Werner Enterprises offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Werner Enterprises' 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 Werner Enterprises Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Werner Enterprises Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Werner Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Werner Stock, please use our How to Invest in Werner Enterprises guide.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Cargo Ground Transportation space 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 Werner Enterprises. If investors know Werner 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 Werner Enterprises 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
3.8
Dividend Share
0.56
Earnings Share
0.41
Revenue Per Share
48.958
Quarterly Revenue Growth
0.035
The market value of Werner Enterprises is measured differently than its book value, which is the value of Werner that is recorded on the company's balance sheet. Investors also form their own opinion of Werner Enterprises' value that differs from its market value or its book value, called intrinsic value, which is Werner Enterprises' 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 Werner Enterprises' market value can be influenced by many factors that don't directly affect Werner Enterprises' 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 Werner Enterprises' value and its price as these two are different measures arrived at by different means. Investors typically determine if Werner Enterprises is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Werner Enterprises' 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.