Onewater Other Current Assets vs Common Stock Shares Outstanding 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 Other Current Assets and its Common Stock Shares Outstanding 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.

Other Current Assets vs Common Stock Shares Outstanding

Other Current Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Onewater Marine Other Current Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Onewater Marine's Other Current Assets and Common Stock Shares Outstanding is 0.89. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Common Stock Shares Outstanding 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 Other Current Assets and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Onewater Marine are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Current Assets i.e., Onewater Marine's Other Current Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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

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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

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