Onewater Good Will vs Short Long Term Debt Analysis

ONEW Stock  USD 20.02  1.41  7.58%   
Onewater Marine financial indicator trend analysis is much more than just breaking down Onewater Marine prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Onewater Marine is a good investment. Please check the relationship between Onewater Marine Good Will and its Short Long Term Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Onewater Marine. 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 Onewater Stock please use our How to Invest in Onewater Marine guide.

Good Will vs Short Long Term Debt

Good Will vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Onewater Marine Good Will account and Short Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Onewater Marine's Good Will and Short Long Term Debt is 0.78. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Onewater Marine, assuming nothing else is changed. The correlation between historical values of Onewater Marine's Good Will and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Onewater Marine are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Good Will i.e., Onewater Marine's Good Will and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Short Long Term Debt

The total of a company's short-term and long-term borrowings.
Most indicators from Onewater Marine's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Onewater Marine 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 Equity Center to better understand how to build diversified portfolios, which includes a position in Onewater Marine. 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 Onewater Stock please use our How to Invest in Onewater Marine guide.Selling General Administrative is likely to drop to about 191.8 M in 2024. Tax Provision is likely to climb to about (2.9 M) in 2024
 2021 2022 2023 2024 (projected)
Gross Profit553.7M535.1M615.4M326.4M
Total Revenue1.7B1.9B2.2B1.2B

Onewater Marine fundamental ratios Correlations

1.00.980.990.980.8-0.880.970.850.990.880.890.990.960.540.990.891.00.89-0.790.890.690.990.971.00.91
1.00.991.00.950.78-0.890.950.81.00.850.880.970.980.480.990.880.990.87-0.750.860.650.990.980.990.88
0.980.990.990.940.74-0.820.930.770.980.830.920.940.990.530.960.920.980.82-0.760.840.650.960.980.980.89
0.991.00.990.930.78-0.870.930.770.990.820.890.940.980.470.970.890.980.84-0.730.830.660.970.990.980.86
0.980.950.940.930.77-0.810.990.920.950.930.90.990.90.680.970.90.980.91-0.870.920.720.960.890.980.96
0.80.780.740.780.77-0.760.810.820.780.820.640.80.690.550.770.640.790.85-0.660.860.80.810.760.770.75
-0.88-0.89-0.82-0.87-0.81-0.76-0.82-0.71-0.91-0.77-0.61-0.88-0.85-0.19-0.91-0.61-0.87-0.870.54-0.78-0.52-0.92-0.88-0.86-0.68
0.970.950.930.930.990.81-0.820.920.940.910.870.990.890.670.960.870.970.9-0.830.930.690.970.880.980.93
0.850.80.770.770.920.82-0.710.920.790.980.780.90.710.780.840.780.860.95-0.860.980.80.840.70.850.9
0.991.00.980.990.950.78-0.910.940.790.840.850.970.980.450.990.850.990.87-0.720.850.640.990.980.990.86
0.880.850.830.820.930.82-0.770.910.980.840.830.910.790.710.880.830.890.97-0.860.990.790.860.770.890.91
0.890.880.920.890.90.64-0.610.870.780.850.830.850.860.740.861.00.910.74-0.90.80.740.830.850.910.95
0.990.970.940.940.990.8-0.880.990.90.970.910.850.910.590.990.850.990.92-0.820.920.690.990.910.980.92
0.960.980.990.980.90.69-0.850.890.710.980.790.860.910.40.950.860.960.8-0.680.790.540.950.980.970.82
0.540.480.530.470.680.55-0.190.670.780.450.710.740.590.40.50.740.570.56-0.840.70.740.480.380.580.79
0.990.990.960.970.970.77-0.910.960.840.990.880.860.990.950.50.860.990.9-0.780.880.650.990.950.990.89
0.890.880.920.890.90.64-0.610.870.780.850.831.00.850.860.740.860.910.74-0.90.80.740.830.850.910.95
1.00.990.980.980.980.79-0.870.970.860.990.890.910.990.960.570.990.910.89-0.810.890.70.990.961.00.92
0.890.870.820.840.910.85-0.870.90.950.870.970.740.920.80.560.90.740.89-0.760.980.750.90.80.880.84
-0.79-0.75-0.76-0.73-0.87-0.660.54-0.83-0.86-0.72-0.86-0.9-0.82-0.68-0.84-0.78-0.9-0.81-0.76-0.81-0.77-0.74-0.66-0.8-0.97
0.890.860.840.830.920.86-0.780.930.980.850.990.80.920.790.70.880.80.890.98-0.810.780.880.790.890.88
0.690.650.650.660.720.8-0.520.690.80.640.790.740.690.540.740.650.740.70.75-0.770.780.640.620.670.78
0.990.990.960.970.960.81-0.920.970.840.990.860.830.990.950.480.990.830.990.9-0.740.880.640.960.980.87
0.970.980.980.990.890.76-0.880.880.70.980.770.850.910.980.380.950.850.960.8-0.660.790.620.960.960.81
1.00.990.980.980.980.77-0.860.980.850.990.890.910.980.970.580.990.911.00.88-0.80.890.670.980.960.92
0.910.880.890.860.960.75-0.680.930.90.860.910.950.920.820.790.890.950.920.84-0.970.880.780.870.810.92
Click cells to compare fundamentals

Onewater Marine Account Relationship Matchups

Onewater Marine fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets458.1M720.6M1.5B1.7B1.9B2.0B
Short Long Term Debt Total213.4M318.8M837.4M1.1B1.2B1.3B
Other Current Liab21.1M33.2M53.1M104.2M119.9M125.9M
Total Current Liabilities185.7M227.6M452.1M669.0M769.3M807.8M
Total Stockholder Equity122.9M225.9M385.3M358.6M412.4M433.0M
Other Liab52.5M17.1M54.6M67.2M77.2M48.8M
Net Tangible Assets(142.6M)(51.5M)(27.9M)(299.7M)(269.8M)(256.3M)
Property Plant And Equipment Net18.4M156.3M233.7M217.2M249.8M262.3M
Current Deferred Revenue17.3M46.6M65.5M51.6M59.4M30.4M
Net Debt147.3M256.2M795.3M1.0B1.2B1.2B
Accounts Payable12.8M18.1M27.3M27.1M31.2M16.2M
Cash66.1M62.6M42.1M84.6M97.3M102.2M
Non Current Assets Total206.0M439.7M930.5M807.3M928.3M974.8M
Non Currrent Assets Other350K526K2.6M5.7M6.6M6.9M
Other Assets345K13.2M29.6M11.8M13.6M10.2M
Long Term Debt82.0M103.1M421.2M428.4M492.7M517.3M
Cash And Short Term Investments66.1M62.6M42.1M84.6M97.3M102.2M
Net Receivables18.5M30.8M61.7M72.5M83.3M87.5M
Common Stock Total Equity31.8M150K151K156K140.4K133.4K
Common Stock Shares Outstanding6.3M11.4M14.3M14.3M16.5M9.9M
Liabilities And Stockholders Equity458.1M720.6M1.5B1.7B1.9B2.0B
Non Current Liabilities Total99.0M238.2M600.5M606.1M697.0M731.9M
Inventory150.1M143.9M373.0M609.6M701.1M736.1M
Other Current Assets17.4M45.9M93.9M119.6M137.5M144.4M
Other Stockholder Equity105.9M150.8M180.3M193.0M222.0M233.1M
Total Liab284.8M465.8M1.1B1.3B1.5B1.5B
Net Invested Capital336.3M454.6M1.1B1.3B1.5B1.6B
Property Plant And Equipment Gross18.4M156.3M233.7M217.2M249.8M262.3M
Short Long Term Debt131.5M125.6M288.8M518.3M596.1M625.9M
Total Current Assets252.1M280.9M566.9M881.9M1.0B1.1B
Accumulated Other Comprehensive Income(5.3M)0.0(7K)1K1.2K1.2K
Non Current Liabilities Other17.1M54.6M67.2M54.4M62.5M65.7M
Net Working Capital66.3M53.3M114.8M212.9M244.9M257.1M
Short Term Debt131.5M135.2M301.7M532.9M612.9M643.5M
Common Stock150K151K156K158K142.2K135.1K
Property Plant Equipment16.0M18.4M156.3M233.7M268.7M282.2M
Capital Stock150K151K156K158K142.2K135.1K

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Onewater Stock Analysis

When running Onewater Marine's price analysis, check to measure Onewater Marine's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Onewater Marine is operating at the current time. Most of Onewater Marine's value examination focuses on studying past and present price action to predict the probability of Onewater Marine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Onewater Marine's price. Additionally, you may evaluate how the addition of Onewater Marine to your portfolios can decrease your overall portfolio volatility.