Wheaton Net Debt from 2010 to 2026
| WPM Stock | CAD 188.28 0.01 0.01% |
Net Debt | First Reported 1999-06-30 | Previous Quarter -997.6 M | Current Value -1.1 B | Quarterly Volatility 627.2 M |
Check Wheaton Precious financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Wheaton Precious' main balance sheet or income statement drivers, such as Depreciation And Amortization of 299.8 M, Interest Expense of 9.3 M or Selling General Administrative of 74.3 M, as well as many indicators such as Price To Sales Ratio of 11.05, Dividend Yield of 0.0131 or PTB Ratio of 5.07. Wheaton financial statements analysis is a perfect complement when working with Wheaton Precious Valuation or Volatility modules.
Wheaton | Net Debt |
Latest Wheaton Precious' Net Debt Growth Pattern
Below is the plot of the Net Debt of Wheaton Precious Metals over the last few years. It is the total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. Wheaton Precious' Net Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Wheaton Precious' overall financial position and show how it may be relating to other accounts over time.
| Net Debt | 10 Years Trend |
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Net Debt |
| Timeline |
Wheaton Net Debt Regression Statistics
| Arithmetic Mean | 102,977,114 | |
| Coefficient Of Variation | 777.59 | |
| Mean Deviation | 698,562,259 | |
| Median | (254,777) | |
| Standard Deviation | 800,737,657 | |
| Sample Variance | 641180.8T | |
| Range | 2.3B | |
| R-Value | (0.51) | |
| Mean Square Error | 505494.5T | |
| R-Squared | 0.26 | |
| Significance | 0.04 | |
| Slope | (80,993,752) | |
| Total Sum of Squares | 10258892.7T |
Wheaton Net Debt History
About Wheaton Precious Financial Statements
Wheaton Precious investors utilize fundamental indicators, such as Net Debt, to predict how Wheaton Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Net Debt | -934.9 M | -888.2 M | |
| Net Debt To EBITDA | (0.82) | (0.78) |
Pair Trading with Wheaton Precious
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 Wheaton Precious 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 Wheaton Precious will appreciate offsetting losses from the drop in the long position's value.Moving together with Wheaton Stock
| 0.94 | AG | First Majestic Silver | PairCorr |
| 0.68 | IE | Ivanhoe Energy | PairCorr |
| 0.94 | ORE | Orezone Gold Corp | PairCorr |
| 0.78 | FDR | Flinders Resources Earnings Call This Week | PairCorr |
| 0.83 | FDY | Faraday Copper Corp | PairCorr |
Moving against Wheaton Stock
The ability to find closely correlated positions to Wheaton Precious could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wheaton Precious 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 Wheaton Precious - 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 Wheaton Precious Metals to buy it.
The correlation of Wheaton Precious 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 Wheaton Precious moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wheaton Precious Metals 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 Wheaton Precious 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 the analysis of Wheaton Precious Correlation against competitors. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..