| 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 Total Assets 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 Total Assets
Short Term Debt vs Total Assets 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
Total Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Current Water's Short Term Debt and Total Assets is 0.23. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Total Assets 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 Total Assets 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 Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Short Term Debt i.e., Current Water's Short Term Debt and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.23 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Short Term Debt
Total Assets
Total assets refers to the total amount of Current Water assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Current Water Techno books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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.
Current Water fundamental ratios Correlations
Click cells to compare fundamentals
Current Water Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Current Water fundamental ratios Accounts
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measure Current Water'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 Current Water is operating at the current time. Most of Current Water's value examination focuses on studying past and present price action to
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