Tidewater Free Cash Flow vs Capital Expenditures Analysis

TWM Stock

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Tidewater Midstream financial indicator trend analysis is much more than just breaking down Tidewater Midstream and prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tidewater Midstream and is a good investment. Please check the relationship between Tidewater Midstream Free Cash Flow and its Capital Expenditures accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tidewater Midstream and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Free Cash Flow vs Capital Expenditures

Free Cash Flow vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tidewater Midstream and Free Cash Flow account and Capital Expenditures. At this time, the significance of the direction appears to have pay attention.

The correlation between Tidewater Midstream's Free Cash Flow and Capital Expenditures is -0.85. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Tidewater Midstream and, assuming nothing else is changed. The correlation between historical values of Tidewater Midstream's Free Cash Flow and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Tidewater Midstream and are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Free Cash Flow i.e., Tidewater Midstream's Free Cash Flow and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

-0.85

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Capital Expenditures

Capital Expenditures are funds used by Tidewater Midstream and to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Tidewater Midstream operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Most indicators from Tidewater Midstream's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tidewater Midstream and 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Tidewater Midstream and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

As of the 1st of December 2024, Selling General Administrative is likely to drop to about 28.2 M. In addition to that, Tax Provision is likely to grow to about (48.5 M)

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	85.2M	87.8M	96.8M	63.2M
Interest Income	37.8M	23.9M	27.5M	19.9M

Depreciation And Amortization Interest Income

Tidewater Midstream fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Long Term Debt Total	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity
Total Assets		0.95	0.35	0.75	0.87	0.8	0.86	0.98	0.95	-0.01	0.99	0.26	0.99	0.05	0.67	0.9	0.3	0.97	0.88	0.86	0.27	0.94	0.9	0.81	0.75	0.37
Short Long Term Debt Total	0.95		0.17	0.6	0.8	0.59	0.67	0.96	1.0	0.09	0.92	0.18	0.96	-0.03	0.77	0.96	0.12	0.93	0.74	0.71	0.1	0.91	0.95	0.71	0.82	0.18
Other Current Liab	0.35	0.17		0.87	0.16	0.56	0.58	0.24	0.17	-0.84	0.37	-0.2	0.25	-0.06	-0.24	-0.02	0.99	0.31	0.46	0.62	0.99	0.43	-0.04	0.76	0.13	0.42
Total Current Liabilities	0.75	0.6	0.87		0.58	0.78	0.85	0.65	0.6	-0.53	0.77	-0.03	0.67	-0.07	0.22	0.42	0.84	0.73	0.74	0.89	0.82	0.76	0.4	0.96	0.47	0.45
Total Stockholder Equity	0.87	0.8	0.16	0.58		0.71	0.76	0.9	0.79	0.28	0.87	0.48	0.9	0.2	0.66	0.74	0.12	0.89	0.79	0.75	0.06	0.67	0.76	0.62	0.64	0.48
Other Liab	0.8	0.59	0.56	0.78	0.71		0.95	0.73	0.58	-0.24	0.82	0.35	0.73	0.24	0.31	0.55	0.54	0.74	0.9	0.9	0.49	0.78	0.56	0.74	0.52	0.7
Net Tangible Assets	0.86	0.67	0.58	0.85	0.76	0.95		0.78	0.66	-0.19	0.88	0.28	0.79	0.13	0.4	0.59	0.55	0.84	0.91	0.95	0.5	0.83	0.59	0.84	0.51	0.55
Property Plant And Equipment Net	0.98	0.96	0.24	0.65	0.9	0.73	0.78		0.95	0.07	0.95	0.3	1.0	0.08	0.66	0.92	0.2	0.93	0.86	0.79	0.16	0.89	0.93	0.73	0.73	0.34
Net Debt	0.95	1.0	0.17	0.6	0.79	0.58	0.66	0.95		0.09	0.92	0.15	0.96	-0.06	0.77	0.96	0.12	0.92	0.73	0.7	0.1	0.91	0.95	0.71	0.81	0.17
Retained Earnings	-0.01	0.09	-0.84	-0.53	0.28	-0.24	-0.19	0.07	0.09		0.01	0.31	0.07	0.05	0.55	0.21	-0.86	0.12	-0.21	-0.23	-0.88	-0.2	0.22	-0.39	0.05	-0.28
Accounts Payable	0.99	0.92	0.37	0.77	0.87	0.82	0.88	0.95	0.92	0.01		0.2	0.96	-0.02	0.71	0.86	0.32	0.99	0.84	0.88	0.29	0.93	0.85	0.85	0.75	0.37
Cash	0.26	0.18	-0.2	-0.03	0.48	0.35	0.28	0.3	0.15	0.31	0.2		0.29	0.92	0.18	0.23	-0.13	0.21	0.42	0.27	-0.24	0.1	0.29	-0.04	0.19	0.41
Non Current Assets Total	0.99	0.96	0.25	0.67	0.9	0.73	0.79	1.0	0.96	0.07	0.96	0.29		0.06	0.68	0.92	0.2	0.95	0.85	0.8	0.17	0.9	0.93	0.74	0.74	0.33
Non Currrent Assets Other	0.05	-0.03	-0.06	-0.07	0.2	0.24	0.13	0.08	-0.06	0.05	-0.02	0.92	0.06		-0.1	0.01	0.03	-0.03	0.26	0.16	-0.07	-0.04	0.07	-0.11	-0.01	0.33
Other Assets	0.67	0.77	-0.24	0.22	0.66	0.31	0.4	0.66	0.77	0.55	0.71	0.18	0.68	-0.1		0.79	-0.3	0.77	0.34	0.4	-0.31	0.6	0.74	0.4	0.77	0.0
Long Term Debt	0.9	0.96	-0.02	0.42	0.74	0.55	0.59	0.92	0.96	0.21	0.86	0.23	0.92	0.01	0.79		-0.06	0.85	0.69	0.59	-0.09	0.87	0.99	0.56	0.81	0.15
Cash And Short Term Investments	0.3	0.12	0.99	0.84	0.12	0.54	0.55	0.2	0.12	-0.86	0.32	-0.13	0.2	0.03	-0.3	-0.06		0.25	0.45	0.6	0.99	0.39	-0.07	0.71	0.08	0.42
Net Receivables	0.97	0.93	0.31	0.73	0.89	0.74	0.84	0.93	0.92	0.12	0.99	0.21	0.95	-0.03	0.77	0.85	0.25		0.78	0.85	0.22	0.89	0.83	0.82	0.73	0.28
Common Stock Total Equity	0.88	0.74	0.46	0.74	0.79	0.9	0.91	0.86	0.73	-0.21	0.84	0.42	0.85	0.26	0.34	0.69	0.45	0.78		0.88	0.39	0.82	0.72	0.7	0.6	0.64
Common Stock Shares Outstanding	0.86	0.71	0.62	0.89	0.75	0.9	0.95	0.79	0.7	-0.23	0.88	0.27	0.8	0.16	0.4	0.59	0.6	0.85	0.88		0.56	0.83	0.6	0.85	0.54	0.47
Short Term Investments	0.27	0.1	0.99	0.82	0.06	0.49	0.5	0.16	0.1	-0.88	0.29	-0.24	0.17	-0.07	-0.31	-0.09	0.99	0.22	0.39	0.56		0.37	-0.11	0.7	0.06	0.36
Long Term Debt Total	0.94	0.91	0.43	0.76	0.67	0.78	0.83	0.89	0.91	-0.2	0.93	0.1	0.9	-0.04	0.6	0.87	0.39	0.89	0.82	0.83	0.37		0.85	0.83	0.74	0.28
Non Current Liabilities Total	0.9	0.95	-0.04	0.4	0.76	0.56	0.59	0.93	0.95	0.22	0.85	0.29	0.93	0.07	0.74	0.99	-0.07	0.83	0.72	0.6	-0.11	0.85		0.53	0.74	0.15
Inventory	0.81	0.71	0.76	0.96	0.62	0.74	0.84	0.73	0.71	-0.39	0.85	-0.04	0.74	-0.11	0.4	0.56	0.71	0.82	0.7	0.85	0.7	0.83	0.53		0.52	0.29
Other Current Assets	0.75	0.82	0.13	0.47	0.64	0.52	0.51	0.73	0.81	0.05	0.75	0.19	0.74	-0.01	0.77	0.81	0.08	0.73	0.6	0.54	0.06	0.74	0.74	0.52		0.46
Other Stockholder Equity	0.37	0.18	0.42	0.45	0.48	0.7	0.55	0.34	0.17	-0.28	0.37	0.41	0.33	0.33	0.0	0.15	0.42	0.28	0.64	0.47	0.36	0.28	0.15	0.29	0.46

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Tidewater Midstream Account Relationship Matchups

Tidewater Midstream fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.0B	1.9B	2.0B	2.3B	1.6B	1.6B
Short Long Term Debt Total	1.0B	1.0B	889.7M	917.3M	373.5M	592.2M
Other Current Liab	7.2M	18.3M	22.9M	70.1M	511.8M	537.4M
Total Current Liabilities	312.6M	337.0M	524.1M	546.6M	924.7M	970.9M
Total Stockholder Equity	448.6M	426.7M	616.7M	703.3M	305.9M	486.3M
Other Liab	158.5M	190.4M	190.7M	326.6M	375.6M	204.9M
Net Tangible Assets	470.1M	426.7M	616.7M	703.3M	808.8M	508.0M
Property Plant And Equipment Net	1.7B	1.4B	1.5B	1.7B	924.5M	1.2B
Net Debt	1.0B	1.0B	873.9M	900.3M	373.4M	578.1M
Retained Earnings	(11.7M)	(37.6M)	152.6M	145.8M	(252.9M)	(240.3M)
Accounts Payable	263.5M	269.1M	311.1M	404.7M	262.4M	218.9M
Cash	5.8M	9.9M	15.8M	17M	100K	95K
Non Current Assets Total	1.8B	1.5B	1.6B	1.8B	999.9M	1.3B
Non Currrent Assets Other	24.7M	51.7M	49.5M	65.6M	39.6M	37.6M
Other Assets	24.7M	51.7M	49.5M	65.6M	1.0	0.95
Long Term Debt	837.6M	855.5M	541.2M	736.7M	222.3M	211.2M
Cash And Short Term Investments	5.8M	9.9M	15.8M	17M	336.7M	353.5M
Net Receivables	172.3M	170.0M	242.9M	269.9M	147.8M	147.2M
Common Stock Total Equity	431.1M	433.7M	441.0M	442.1M	508.4M	424.9M
Common Stock Shares Outstanding	332.9M	338.2M	411.8M	380.4M	425.4M	379.1M
Long Term Debt Total	970.3M	993.3M	699.6M	870.3M	1.0B	562.8M
Liabilities And Stockholders Equity	2.0B	1.9B	2.0B	2.3B	1.6B	1.6B
Non Current Liabilities Total	1.3B	1.1B	803.8M	981.7M	338.4M	321.5M
Inventory	57.8M	38.5M	59.4M	87.9M	98.1M	103.0M
Other Current Assets	21.3M	127.4M	44.3M	76.1M	21.1M	40.9M
Other Stockholder Equity	3.4M	(21.4M)	1.0	(13.6M)	1.15	1.21
Total Liab	1.6B	1.4B	1.3B	1.5B	1.3B	1.1B
Property Plant And Equipment Gross	1.7B	1.4B	1.8B	2.0B	1.7B	1.4B
Total Current Assets	257.1M	345.8M	362.4M	450.9M	603.7M	633.9M
Accumulated Other Comprehensive Income	14.5M	17.3M	13.6M	15M	18M	10.3M
Short Term Debt	41.8M	49.6M	190.1M	71.8M	134.3M	91.7M
Common Stock	441.0M	442.1M	445.6M	537.6M	540.8M	469.5M
Property Plant Equipment	1.5B	1.4B	1.5B	1.7B	1.9B	1.2B
Net Invested Capital	1.3B	1.3B	1.3B	1.4B	630.9M	1.2B
Long Term Investments	53.8M	55.0M	61.2M	94.5M	34.8M	47.6M
Net Working Capital	(55.5M)	8.8M	(161.7M)	(95.7M)	(321M)	(305.0M)
Capital Stock	441.0M	442.1M	445.6M	537.6M	540.8M	520.8M

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

0.89	FFH	Fairfax Financial	Pair Corr
0.88	ENS-PA	E Split Corp	Pair Corr
0.88	FFH-PC	Fairfax Fin Hld	Pair Corr
0.82	ELF	E L Financial	Pair Corr
0.79	FFH-PK	Fairfax Financial	Pair Corr

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 Correlation Correlation Matching

Other Information on Investing in Tidewater Stock

Balance Sheet is a snapshot of the financial position of Tidewater Midstream and at a specified time, usually calculated after every quarter, six months, or one year. Tidewater Midstream Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tidewater Midstream and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Tidewater currently owns. An asset can also be divided into two categories, current and non-current.

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Tidewater Free Cash Flow vs Capital Expenditures Analysis

Free Cash Flow vs Capital Expenditures

Free Cash Flow vs Capital Expenditures Correlation Analysis

Correlation Coefficient

Free Cash Flow

Capital Expenditures

Tidewater Midstream fundamental ratios Correlations

Tidewater Midstream Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tidewater Midstream fundamental ratios Accounts

Pair Trading with Tidewater Midstream

Moving against Tidewater Stock

Other Information on Investing in Tidewater Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Accounts Payable	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Cash And Short Term Investments	+ 0.99	Other Current Liab
Short Term Investments	+ 0.99	Other Current Liab

Short Term Investments	- 0.88	Retained Earnings
Cash And Short Term Investments	- 0.86	Retained Earnings
Retained Earnings	- 0.84	Other Current Liab
Retained Earnings	- 0.53	Total Current Liabilities
Inventory	- 0.39	Retained Earnings
Short Term Investments	- 0.31	Other Assets