Tidewater Midstream Financials

TWM Stock  CAD 0.14  0.01  7.69%   
We advise to exercise Tidewater Midstream fundamental analysis to find out if markets are presently mispricing the firm. In other words this technique allows you to confirm available indicators of Tidewater Midstream and as well as the relationship between them. We have collected data for thirty-nine available drivers for Tidewater Midstream and, which can be compared to its competition. The stock experiences a very speculative upward sentiment. Check odds of Tidewater Midstream to be traded at C$0.175 in 90 days. Key indicators impacting Tidewater Midstream's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.761.0464
Way Down
Slightly volatile
Current Ratio1.140.6529
Way Up
Slightly volatile
  
Understanding current and past Tidewater Midstream Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Tidewater Midstream's financial statements are interrelated, with each one affecting the others. For example, an increase in Tidewater Midstream's assets may result in an increase in income on the income statement.

Tidewater Midstream Stock Summary

Tidewater Midstream competes with Tamarack Valley, Headwater Exploration, Gear Energy, Birchcliff Energy, and Topaz Energy. Tidewater Midstream and Infrastructure Ltd., through its subsidiaries, operates as a diversified midstream and infrastructure company in North America. The company was incorporated in 2015 and is headquartered in Calgary, Canada. TIDEWATER MIDSTREAM operates under Oil Gas Midstream classification in Canada and is traded on Toronto Stock Exchange.
Foreign Associate
  USA
Specialization
Energy, Oil & Gas Midstream
InstrumentCanada Stock View All
ExchangeToronto Exchange
ISINCA8864531097
Business Address222 3rd Avenue
SectorOil, Gas & Consumable Fuels
IndustryEnergy
BenchmarkDow Jones Industrial
Websitewww.tidewatermidstream.com
Phone587 475 0210
CurrencyCAD - Canadian Dollar
You should never invest in Tidewater Midstream without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Tidewater Stock, because this is throwing your money away. Analyzing the key information contained in Tidewater Midstream's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Tidewater Midstream Key Financial Ratios

Tidewater Midstream's financial ratios allow both analysts and investors to convert raw data from Tidewater Midstream's financial statements into concise, actionable information that can be used to evaluate the performance of Tidewater Midstream over time and compare it to other companies across industries.

Tidewater Midstream Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets2.0B1.9B2.0B2.3B1.6B1.6B
Other Current Liab7.2M18.3M22.9M70.1M511.8M537.4M
Other Liab158.5M190.4M190.7M326.6M375.6M204.9M
Net Tangible Assets470.1M426.7M616.7M703.3M808.8M508.0M
Net Debt1.0B1.0B873.9M900.3M373.4M578.1M
Retained Earnings(11.7M)(37.6M)152.6M145.8M(252.9M)(240.3M)
Accounts Payable263.5M269.1M311.1M404.7M262.4M218.9M
Cash5.8M9.9M15.8M17M100K95K
Other Assets24.7M51.7M49.5M65.6M1.00.95
Long Term Debt837.6M855.5M541.2M736.7M222.3M211.2M
Net Receivables172.3M170.0M242.9M269.9M147.8M147.2M
Long Term Debt Total970.3M993.3M699.6M870.3M1.0B562.8M
Inventory57.8M38.5M59.4M87.9M98.1M103.0M
Other Current Assets21.3M127.4M44.3M76.1M21.1M40.9M
Total Liab1.6B1.4B1.3B1.5B1.3B1.1B
Total Current Assets257.1M345.8M362.4M450.9M603.7M633.9M
Short Term Debt41.8M49.6M190.1M71.8M134.3M91.7M
Common Stock441.0M442.1M445.6M537.6M540.8M469.5M
Net Invested Capital1.3B1.3B1.3B1.4B630.9M1.2B
Net Working Capital(55.5M)8.8M(161.7M)(95.7M)(321M)(305.0M)
Capital Stock441.0M442.1M445.6M537.6M540.8M520.8M

Tidewater Midstream Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Income3.1M57.9M37.8M23.9M27.5M19.9M
Interest Expense29.5M70.8M72.7M69.1M98.9M103.8M
Total Revenue692.3M979.4M1.7B2.9B2.2B1.1B
Gross Profit21.6M74.1M85.3M147M59.6M62.4M
Operating Income(1.3M)48.4M52.4M96.6M(5.6M)(5.3M)
Ebit954K6.6M162.1M103.8M(356.6M)(338.8M)
Ebitda63.9M95.5M247.3M191.6M(259.8M)(246.8M)
Cost Of Revenue670.7M905.3M1.6B2.7B2.1B2.3B
Income Before Tax(24.8M)(45.4M)94.2M26.5M(450.2M)(427.7M)
Net Income(15.5M)(35.2M)71.5M18.9M(385.9M)(366.6M)
Income Tax Expense(9.3M)(10.2M)20.3M7.6M(51M)(48.5M)
Minority Interest3.4M2.0M(2.4M)(10.4M)13.3M14.0M
Tax Provision(9.3M)(10.2M)20.3M7.6M(51M)(48.5M)
Net Interest Income(24.8M)(69.8M)(71.4M)(69.3M)(98.7M)(93.8M)

Tidewater Midstream Key Cash Accounts

201920202021202220232024 (projected)
Investments(729.7M)(100.2M)(4.8M)(279.6M)14.3M15.0M
Change In Cash(182K)4.1M5.9M1.2M(16.9M)(16.1M)
Net Borrowings473.5M(39.2M)(221.7M)17.8M16.0M15.2M
Free Cash Flow(389.8M)134.6M9.9M(106.4M)(155.1M)(162.9M)
Depreciation66.5M85.6M81.8M84.4M100.5M62.0M
Other Non Cash Items29.3M118.2M11.9M107.9M430.3M451.8M
Dividends Paid13.3M13.5M13.6M14.5M17M13.4M
Capital Expenditures481.3M71.0M116.9M349.3M292.6M222.9M
Net Income(15.5M)(35.2M)73.9M18.9M(385.9M)(366.6M)
End Period Cash Flow5.8M9.9M15.8M17M100K95K
Change To Netincome18.8M87.4M12.9M104.1M119.7M125.7M
Change To Inventory(17.9M)5.9M(18.0M)(7.7M)(37.3M)(35.4M)

Tidewater Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Tidewater Midstream's current stock value. Our valuation model uses many indicators to compare Tidewater Midstream value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tidewater Midstream competition to find correlations between indicators driving Tidewater Midstream's intrinsic value. More Info.
Tidewater Midstream and is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . At this time, Tidewater Midstream's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Tidewater Midstream by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Tidewater Midstream's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Tidewater Midstream and Systematic Risk

Tidewater Midstream's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Tidewater Midstream volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Tidewater Midstream and correlated with the market. If Beta is less than 0 Tidewater Midstream generally moves in the opposite direction as compared to the market. If Tidewater Midstream Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Tidewater Midstream and is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Tidewater Midstream is generally in the same direction as the market. If Beta > 1 Tidewater Midstream moves generally in the same direction as, but more than the movement of the benchmark.

Tidewater Midstream and Total Assets Over Time

Today, most investors in Tidewater Midstream Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Tidewater Midstream's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Tidewater Midstream growth as a starting point in their analysis.

Price Earnings To Growth Ratio

6.49E-4

At this time, Tidewater Midstream's Price Earnings To Growth Ratio is very stable compared to the past year.

Tidewater Midstream November 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Tidewater Midstream help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Tidewater Midstream and. We use our internally-developed statistical techniques to arrive at the intrinsic value of Tidewater Midstream and based on widely used predictive technical indicators. In general, we focus on analyzing Tidewater Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Tidewater Midstream's daily price indicators and compare them against related drivers.

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.