| MSEX Stock | | | USD 67.88 1.38 2.08% |
Middlesex Water financial indicator trend analysis is infinitely more than just investigating Middlesex Water recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Middlesex Water is a good investment. Please check the relationship between Middlesex Water Cash and its Property Plant And Equipment Net accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Middlesex Water. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
For more information on how to buy Middlesex Stock please use our
How to Invest in Middlesex Water guide.
Cash vs Property Plant And Equipment Net
Cash vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Middlesex Water Cash account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Middlesex Water's Cash and Property Plant And Equipment Net is -0.25. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Middlesex Water, assuming nothing else is changed. The correlation between historical values of Middlesex Water's Cash and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Middlesex Water are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Cash i.e., Middlesex Water's Cash and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | -0.25 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of Middlesex Water, which is listed under current asset account on Middlesex Water balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Middlesex Water customers. The amounts must be unrestricted with restricted cash listed in a different Middlesex Water account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Middlesex Water's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Middlesex Water 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Middlesex Water. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
For more information on how to buy Middlesex Stock please use our
How to Invest in Middlesex Water guide.At this time, Middlesex Water's
Tax Provision is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to rise to about 11
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 85.9
M in 2024.
Middlesex Water fundamental ratios Correlations
Click cells to compare fundamentals
Middlesex Water Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Middlesex Water fundamental ratios Accounts
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Additional Tools for Middlesex Stock Analysis
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predict the probability of Middlesex Water's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Middlesex Water's price. Additionally, you may evaluate how the addition of Middlesex Water to your portfolios can decrease your overall portfolio volatility.