Current Short Term Debt vs Other Stockholder Equity Analysis

WATR Stock

CAD 0.03 0.01 25.00%

Current Water financial indicator trend analysis is way more than just evaluating Current Water Techno prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Current Water Techno is a good investment. Please check the relationship between Current Water Short Term Debt and its Other Stockholder Equity accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Current Water Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Short Term Debt vs Other Stockholder Equity

Short Term Debt vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Current Water Techno Short Term Debt account and Other Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Current Water's Short Term Debt and Other Stockholder Equity is 0.49. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Current Water Technologies, assuming nothing else is changed. The correlation between historical values of Current Water's Short Term Debt and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Current Water Technologies are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Short Term Debt i.e., Current Water's Short Term Debt and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.49

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Short Term Debt

Other Stockholder Equity

Most indicators from Current Water's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Current Water Techno 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Current Water Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

At this time, Current Water's Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 12.50 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.30 in 2024.

	2021	2022	2023	2024 (projected)
Total Revenue	1.2M	2.2M	2.0M	2.1M
Depreciation And Amortization	158.5K	164.3K	188.9K	103.3K

Total Revenue Depreciation And Amortization

Current Water fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Investments	Inventory	Short Term Debt	Current Deferred Revenue	Intangible Assets	Common Stock
Total Assets		0.55	-0.27	0.45	0.2	0.68	-0.11	-0.45	0.43	0.35	0.58	-0.14	0.37	0.54	0.55	0.63	0.25	-0.37	0.54	0.85	-0.3	0.34	0.23	0.22	-0.26	0.57
Short Long Term Debt Total	0.55		-0.44	0.42	-0.16	0.51	0.46	-0.37	0.2	-0.01	0.43	-0.03	0.01	0.06	0.34	0.45	-0.2	-0.45	0.46	0.33	-0.24	0.53	0.22	0.22	-0.28	0.43
Other Current Liab	-0.27	-0.44		-0.03	-0.09	-0.39	-0.19	0.06	0.12	-0.02	-0.41	-0.16	0.01	-0.19	-0.28	-0.43	0.43	0.1	-0.18	-0.13	-0.15	-0.14	0.23	-0.13	0.17	-0.13
Total Current Liabilities	0.45	0.42	-0.03		-0.72	0.61	0.57	-0.77	0.89	-0.37	0.4	0.22	-0.42	0.6	0.87	0.54	0.7	-0.5	0.96	0.44	-0.18	0.82	0.04	0.66	-0.85	0.84
Total Stockholder Equity	0.2	-0.16	-0.09	-0.72		-0.19	-0.83	0.49	-0.57	0.75	-0.05	-0.32	0.83	-0.21	-0.5	-0.18	-0.51	0.24	-0.64	0.26	0.02	-0.66	0.05	-0.55	0.68	-0.58
Property Plant And Equipment Net	0.68	0.51	-0.39	0.61	-0.19		0.36	-0.5	0.65	-0.22	0.94	-0.02	-0.23	0.83	0.7	0.96	0.31	-0.3	0.8	0.43	-0.17	0.32	0.04	0.25	-0.35	0.58
Net Debt	-0.11	0.46	-0.19	0.57	-0.83	0.36		-0.29	0.44	-0.86	0.3	0.37	-0.85	0.24	0.35	0.37	0.2	-0.41	0.58	-0.33	0.11	0.6	-0.16	0.49	-0.51	0.39
Retained Earnings	-0.45	-0.37	0.06	-0.77	0.49	-0.5	-0.29		-0.62	0.08	-0.18	0.38	0.15	-0.42	-0.89	-0.41	-0.49	-0.03	-0.74	-0.54	0.72	-0.77	-0.6	-0.11	0.71	-0.91
Accounts Payable	0.43	0.2	0.12	0.89	-0.57	0.65	0.44	-0.62		-0.42	0.5	0.17	-0.41	0.71	0.76	0.57	0.86	-0.48	0.87	0.39	-0.13	0.57	-0.04	0.52	-0.64	0.68
Cash	0.35	-0.01	-0.02	-0.37	0.75	-0.22	-0.86	0.08	-0.42		-0.23	-0.35	0.96	-0.29	-0.17	-0.25	-0.32	0.23	-0.38	0.55	-0.2	-0.3	0.26	-0.33	0.32	-0.16
Non Current Assets Total	0.58	0.43	-0.41	0.4	-0.05	0.94	0.3	-0.18	0.5	-0.23		0.14	-0.22	0.77	0.45	0.93	0.17	-0.34	0.62	0.25	0.09	0.05	-0.19	0.25	-0.12	0.32
Non Currrent Assets Other	-0.14	-0.03	-0.16	0.22	-0.32	-0.02	0.37	0.38	0.17	-0.35	0.14		-0.38	0.15	-0.05	0.04	0.1	-0.63	0.19	-0.22	0.88	0.06	-0.89	0.84	-0.3	-0.15
Cash And Short Term Investments	0.37	0.01	0.01	-0.42	0.83	-0.23	-0.85	0.15	-0.41	0.96	-0.22	-0.38		-0.31	-0.24	-0.25	-0.34	0.12	-0.43	0.55	-0.2	-0.35	0.26	-0.39	0.41	-0.26
Net Receivables	0.54	0.06	-0.19	0.6	-0.21	0.83	0.24	-0.42	0.71	-0.29	0.77	0.15	-0.31		0.7	0.84	0.56	-0.24	0.75	0.44	0.01	0.27	-0.15	0.37	-0.46	0.51
Common Stock Shares Outstanding	0.55	0.34	-0.28	0.87	-0.5	0.7	0.35	-0.89	0.76	-0.17	0.45	-0.05	-0.24	0.7		0.64	0.57	-0.2	0.9	0.59	-0.38	0.73	0.21	0.4	-0.8	0.89
Non Current Liabilities Total	0.63	0.45	-0.43	0.54	-0.18	0.96	0.37	-0.41	0.57	-0.25	0.93	0.04	-0.25	0.84	0.64		0.26	-0.29	0.75	0.37	-0.08	0.27	-0.05	0.25	-0.28	0.5
Other Current Assets	0.25	-0.2	0.43	0.7	-0.51	0.31	0.2	-0.49	0.86	-0.32	0.17	0.1	-0.34	0.56	0.57	0.26		-0.28	0.63	0.3	-0.14	0.42	0.0	0.41	-0.49	0.57
Other Stockholder Equity	-0.37	-0.45	0.1	-0.5	0.24	-0.3	-0.41	-0.03	-0.48	0.23	-0.34	-0.63	0.12	-0.24	-0.2	-0.29	-0.28		-0.46	-0.25	-0.45	-0.37	0.49	-0.76	0.3	-0.13
Total Liab	0.54	0.46	-0.18	0.96	-0.64	0.8	0.58	-0.74	0.87	-0.38	0.62	0.19	-0.43	0.75	0.9	0.75	0.63	-0.46		0.44	-0.16	0.73	0.01	0.61	-0.76	0.84
Total Current Assets	0.85	0.33	-0.13	0.44	0.26	0.43	-0.33	-0.54	0.39	0.55	0.25	-0.22	0.55	0.44	0.59	0.37	0.3	-0.25	0.44		-0.36	0.4	0.28	0.16	-0.37	0.51
Short Term Investments	-0.3	-0.24	-0.15	-0.18	0.02	-0.17	0.11	0.72	-0.13	-0.2	0.09	0.88	-0.2	0.01	-0.38	-0.08	-0.14	-0.45	-0.16	-0.36		-0.31	-0.97	0.54	0.11	-0.53
Inventory	0.34	0.53	-0.14	0.82	-0.66	0.32	0.6	-0.77	0.57	-0.3	0.05	0.06	-0.35	0.27	0.73	0.27	0.42	-0.37	0.73	0.4	-0.31		0.23	0.51	-0.83	0.79
Short Term Debt	0.23	0.22	0.23	0.04	0.05	0.04	-0.16	-0.6	-0.04	0.26	-0.19	-0.89	0.26	-0.15	0.21	-0.05	0.0	0.49	0.01	0.28	-0.97	0.23		-0.59	-0.01	0.42
Current Deferred Revenue	0.22	0.22	-0.13	0.66	-0.55	0.25	0.49	-0.11	0.52	-0.33	0.25	0.84	-0.39	0.37	0.4	0.25	0.41	-0.76	0.61	0.16	0.54	0.51	-0.59		-0.66	0.36
Intangible Assets	-0.26	-0.28	0.17	-0.85	0.68	-0.35	-0.51	0.71	-0.64	0.32	-0.12	-0.3	0.41	-0.46	-0.8	-0.28	-0.49	0.3	-0.76	-0.37	0.11	-0.83	-0.01	-0.66		-0.75
Common Stock	0.57	0.43	-0.13	0.84	-0.58	0.58	0.39	-0.91	0.68	-0.16	0.32	-0.15	-0.26	0.51	0.89	0.5	0.57	-0.13	0.84	0.51	-0.53	0.79	0.42	0.36	-0.75

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Current Water Account Relationship Matchups

Current Water fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.1M	1.3M	1.5M	902.8K	2.1M	1.2M
Short Long Term Debt Total	518.8K	503.5K	369.6K	233.1K	268.0K	177.7K
Other Current Liab	7K	11K	1K	5K	4.5K	4.3K
Total Current Liabilities	1.1M	1.0M	1.1M	1.2M	1.3M	1.3M
Total Stockholder Equity	(353.1K)	(64.2K)	216.7K	(465.0K)	96.6K	91.8K
Property Plant And Equipment Net	610.9K	458.5K	393.5K	229.8K	999.2K	1.0M
Net Debt	446.5K	371.0K	(265.7K)	114.4K	6.9K	7.2K
Retained Earnings	(27.1M)	(27.4M)	(28.9M)	(30.0M)	(29.5M)	(28.1M)
Accounts Payable	429.5K	340.9K	198.6K	582.5K	669.8K	703.3K
Cash	72.3K	132.5K	635.3K	118.7K	113.1K	107.5K
Non Current Assets Total	613.5K	461.0K	395.7K	234.2K	1.0M	1.1M
Cash And Short Term Investments	72.3K	132.5K	635.3K	118.7K	106.8K	101.5K
Net Receivables	60.4K	154.8K	84.2K	37.1K	583.1K	612.3K
Common Stock Shares Outstanding	150.6M	168.5M	205.7M	212.3M	244.1M	256.3M
Liabilities And Stockholders Equity	1.1M	1.3M	1.5M	902.8K	812.5K	1.2M
Non Current Liabilities Total	383.7K	370.1K	233.1K	120K	732.3K	768.9K
Other Current Assets	301.0	2.2K	1.3K	54.1K	62.2K	43.2K
Other Stockholder Equity	6.5M	7.2M	7.3M	7.7M	8.9M	9.1M
Total Liab	1.5M	1.4M	1.3M	1.4M	2.0M	2.1M
Total Current Assets	533.3K	874.8K	1.1M	668.6K	1.1M	968.8K
Inventory	397.6K	585.3K	384.0K	458.8K	324.6K	240K
Intangible Assets	2.6K	2.4K	2.3K	4.4K	3.8K	3.6K
Net Tangible Assets	(500.8K)	(355.7K)	(66.6K)	214.4K	246.6K	258.9K
Property Plant Equipment	153.1K	610.9K	458.5K	393.5K	452.5K	307.6K
Net Invested Capital	(324.2K)	67.8K	340.3K	(345.0K)	216.6K	227.4K
Net Working Capital	(582.9K)	(155.0K)	54.0K	(579.2K)	(174.2K)	(182.9K)

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