Tidewater Financial Statements From 2010 to 2024

TWM Stock  CAD 0.14  0.01  7.69%   
Tidewater Midstream financial statements provide useful quarterly and yearly information to potential Tidewater Midstream and investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Tidewater Midstream financial statements helps investors assess Tidewater Midstream's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Tidewater Midstream's valuation are summarized below:
Gross Profit
231.4 M
Profit Margin
(0.19)
Market Capitalization
60.3 M
Enterprise Value Revenue
0.3493
Revenue
B
We have found one hundred twenty available fundamental trend indicators for Tidewater Midstream and, which can be analyzed and compared to other ratios and to its competition. Self-guided Investors are advised to double-check Tidewater Midstream's current fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road.

Tidewater Midstream Total Revenue

1.12 Billion

Check Tidewater Midstream financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tidewater Midstream's main balance sheet or income statement drivers, such as Interest Income of 19.9 M, Depreciation And Amortization of 63.2 M or Interest Expense of 103.8 M, as well as many indicators such as Price To Sales Ratio of 0.19, Dividend Yield of 0.0245 or PTB Ratio of 1.12. Tidewater financial statements analysis is a perfect complement when working with Tidewater Midstream Valuation or Volatility modules.
  
This module can also supplement various Tidewater Midstream Technical models . Check out the analysis of Tidewater Midstream Correlation against competitors.

Tidewater Midstream Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets1.6 B1.6 B1.1 B
Slightly volatile
Short and Long Term Debt Total592.2 M373.5 M372.8 M
Slightly volatile
Other Current Liabilities537.4 M511.8 M82 M
Slightly volatile
Total Current Liabilities970.9 M924.7 M269.5 M
Slightly volatile
Total Stockholder Equity486.3 M305.9 M367.3 M
Slightly volatile
Other Liabilities204.9 M375.6 M154.6 M
Slightly volatile
Net Tangible Assets508 M808.8 M403.7 M
Slightly volatile
Property Plant And Equipment Net1.2 B924.5 M829.3 M
Slightly volatile
Net Debt578.1 M373.4 M364 M
Slightly volatile
Accounts Payable218.9 M262.4 M136.3 M
Slightly volatile
Cash95 K100 K7.8 M
Pretty Stable
Non Current Assets Total1.3 B999.9 M872.7 M
Slightly volatile
Cash And Short Term Investments353.5 M336.7 M55.4 M
Slightly volatile
Net Receivables147.2 M147.8 M97.1 M
Slightly volatile
Common Stock Total Equity424.9 M508.4 M343.6 M
Slightly volatile
Common Stock Shares Outstanding379.1 M425.4 M321.6 M
Slightly volatile
Liabilities And Stockholders Equity1.6 B1.6 B1.1 B
Slightly volatile
Non Current Liabilities Total321.5 M338.4 M426.3 M
Slightly volatile
Other Current Assets40.9 M21.1 M25.3 M
Slightly volatile
Total Liabilities1.1 B1.3 B680.4 M
Slightly volatile
Property Plant And Equipment Gross1.4 B1.7 B931.3 M
Slightly volatile
Short and Long Term Debt106.6 M112.5 M82 M
Slightly volatile
Total Current Assets633.9 M603.7 M206.8 M
Slightly volatile
Common Stock469.5 M540.8 M355.4 M
Slightly volatile
Property Plant Equipment1.2 B1.9 B881.6 M
Slightly volatile
Current Deferred Revenue9.9 M16.2 M7.4 M
Slightly volatile
Non Current Liabilities Other226.6 M215.8 M104.9 M
Slightly volatile
Net Invested Capital1.2 B630.9 M857.4 M
Slightly volatile
Long Term Investments47.6 M34.8 M23.5 M
Slightly volatile
Capital Stock520.8 M540.8 M455.4 M
Slightly volatile
Capital Lease Obligations50.7 M53.4 M161.5 M
Slightly volatile

Tidewater Midstream Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Interest Income19.9 M27.5 M13.3 M
Slightly volatile
Depreciation And Amortization63.2 M96.8 M40 M
Slightly volatile
Selling General Administrative28.2 M51.3 M18.1 M
Slightly volatile
Selling And Marketing Expenses8.3 M16 M8.5 M
Slightly volatile
Total Revenue1.1 B2.2 B690.3 M
Slightly volatile
Gross Profit62.4 M59.6 M41.5 M
Slightly volatile
Other Operating Expenses2.3 B2.2 B751.4 M
Slightly volatile
Cost Of Revenue2.3 B2.1 B729 M
Slightly volatile
Total Operating Expenses68.5 M65.2 M22.4 M
Slightly volatile
Reconciled Depreciation76.3 M96.8 M49.1 M
Slightly volatile

Tidewater Midstream Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation4.3 M6.3 M3.1 M
Slightly volatile
Depreciation62 M100.5 M39.2 M
Slightly volatile
Dividends Paid13.4 M17 M8.8 M
Slightly volatile
Capital Expenditures222.9 M292.6 M137.6 M
Slightly volatile
End Period Cash Flow95 K100 K7.8 M
Pretty Stable
Begin Period Cash Flow15.9 M17 M8.9 M
Slightly volatile
Issuance Of Capital Stock86.9 M100 M48.3 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.190.20427.531
Slightly volatile
Dividend Yield0.02450.03770.0216
Slightly volatile
PTB Ratio1.121.47411.2853
Slightly volatile
Days Sales Outstanding23.2124.4292182
Slightly volatile
Book Value Per Share1.10.80041.1621
Slightly volatile
Average Payables215.7 M300.2 M236.1 M
Slightly volatile
Stock Based Compensation To Revenue0.00270.00290.0333
Slightly volatile
Capex To Depreciation4.112.91142.8181
Slightly volatile
PB Ratio1.121.47411.2853
Slightly volatile
EV To Sales0.350.37338.4743
Slightly volatile
Payables Turnover8.68.18863.4155
Slightly volatile
Sales General And Administrative To Revenue0.02210.02320.0738
Slightly volatile
Capex To Revenue0.130.13250.2824
Very volatile
Cash Per Share0.830.79150.1379
Slightly volatile
Days Payables Outstanding42.3544.5739150
Slightly volatile
Current Ratio1.140.65291.6507
Slightly volatile
Tangible Book Value Per Share1.10.80041.1621
Slightly volatile
Receivables Turnover15.6914.94114.9947
Slightly volatile
Graham Number4.023.83111.5745
Slightly volatile
Shareholders Equity Per Share1.060.71911.1391
Slightly volatile
Debt To Equity0.761.04640.6722
Slightly volatile
Capex Per Share0.460.68780.3836
Slightly volatile
Revenue Per Share5.455.19112.0617
Slightly volatile
Interest Debt Per Share1.140.9850.9672
Slightly volatile
Debt To Assets0.220.19960.2107
Slightly volatile
Short Term Coverage Ratios2.51.40591.4189
Slightly volatile
Operating Cycle39.0441.0935189
Slightly volatile
Price Book Value Ratio1.121.47411.2853
Slightly volatile
Days Of Payables Outstanding42.3544.5739150
Slightly volatile
Effective Tax Rate0.110.11330.2194
Very volatile
Company Equity Multiplier5.55.24222.735
Slightly volatile
Long Term Debt To Capitalization0.360.42090.3247
Slightly volatile
Total Debt To Capitalization0.340.51130.3223
Slightly volatile
Debt Equity Ratio0.761.04640.6722
Slightly volatile
Quick Ratio1.070.54681.6008
Slightly volatile
Net Income Per E B T0.60.85720.7599
Slightly volatile
Cash Ratio1.0E-41.0E-40.0697
Very volatile
Days Of Sales Outstanding23.2124.4292182
Slightly volatile
Price To Book Ratio1.121.47411.2853
Slightly volatile
Fixed Asset Turnover2.512.38860.6751
Slightly volatile
Debt Ratio0.220.19960.2107
Slightly volatile
Price Sales Ratio0.190.20427.531
Slightly volatile
Asset Turnover1.451.37710.4629
Slightly volatile
Gross Profit Margin0.02560.0270.2421
Slightly volatile
Price Fair Value1.121.47411.2853
Slightly volatile

Tidewater Fundamental Market Drivers

Forward Price Earnings14.4928
Cash And Short Term Investments336.7 M

About Tidewater Midstream Financial Statements

Tidewater Midstream investors utilize fundamental indicators, such as revenue or net income, to predict how Tidewater 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 ReportedProjected for Next Year
Current Deferred Revenue16.2 M9.9 M
Total Revenue2.2 B1.1 B
Cost Of Revenue2.1 B2.3 B
Sales General And Administrative To Revenue 0.02  0.02 
Capex To Revenue 0.13  0.13 
Revenue Per Share 5.19  5.45 

Pair Trading with Tidewater Midstream

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 Tidewater Midstream 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 Tidewater Midstream will appreciate offsetting losses from the drop in the long position's value.

Moving against Tidewater Stock

  0.89FFH Fairfax FinancialPairCorr
  0.88ENS-PA E Split CorpPairCorr
  0.88FFH-PC Fairfax Fin HldPairCorr
  0.82ELF E L FinancialPairCorr
  0.79FFH-PK Fairfax FinancialPairCorr
The ability to find closely correlated positions to Tidewater Midstream could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tidewater Midstream 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 Tidewater Midstream - 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 Tidewater Midstream and to buy it.
The correlation of Tidewater Midstream 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 Tidewater Midstream moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tidewater Midstream and 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 Tidewater Midstream 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

Other Information on Investing in Tidewater Stock

Tidewater Midstream financial ratios help investors to determine whether Tidewater Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Tidewater with respect to the benefits of owning Tidewater Midstream security.