York Capex To Depreciation vs Pb Ratio Analysis

YORW Stock  USD 36.07  0.11  0.30%   
York Water financial indicator trend analysis is more than just analyzing York Water current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether York Water is a good investment. Please check the relationship between York Water Capex To Depreciation and its Pb Ratio accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in The York Water. 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.

Capex To Depreciation vs Pb Ratio

Capex To Depreciation vs Pb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of York Water Capex To Depreciation account and Pb Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between York Water's Capex To Depreciation and Pb Ratio is -0.03. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of The York Water, assuming nothing else is changed. The correlation between historical values of York Water's Capex To Depreciation and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of The York Water are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Capex To Depreciation i.e., York Water's Capex To Depreciation and Pb Ratio go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Pb Ratio

Most indicators from York Water's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into York Water 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 The York Water. 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, York Water's Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.21 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 1.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit43.3M45.9M53.7M34.3M
Total Revenue55.1M60.1M71.0M39.2M

York Water fundamental ratios Correlations

0.970.750.710.991.00.830.980.980.941.00.750.750.960.661.00.940.17-0.451.00.50.470.530.95-0.45-0.45
0.970.70.660.960.970.860.990.930.910.970.790.680.940.620.980.940.15-0.450.980.530.480.50.92-0.35-0.35
0.750.70.610.730.760.410.690.720.560.750.30.830.710.880.760.540.23-0.250.750.370.630.30.75-0.26-0.26
0.710.660.610.690.710.730.730.80.760.720.50.680.540.390.690.690.13-0.630.710.010.270.870.55-0.6-0.6
0.990.960.730.690.990.820.960.970.940.990.740.760.970.670.980.930.14-0.420.980.490.480.520.97-0.42-0.42
1.00.970.760.710.990.830.980.980.931.00.740.750.960.670.990.930.17-0.440.990.510.470.530.95-0.45-0.45
0.830.860.410.730.820.830.880.830.890.840.840.530.770.290.820.95-0.12-0.530.830.230.190.60.74-0.43-0.43
0.980.990.690.730.960.980.880.970.940.980.820.680.920.560.990.960.19-0.490.990.510.410.590.89-0.49-0.49
0.980.930.720.80.970.980.830.970.960.980.740.730.890.570.970.920.22-0.50.970.460.380.650.88-0.58-0.58
0.940.910.560.760.940.930.890.940.960.940.790.690.870.450.920.950.2-0.590.920.380.380.680.85-0.52-0.52
1.00.970.750.720.991.00.840.980.980.940.750.740.960.661.00.940.16-0.451.00.50.460.530.95-0.46-0.46
0.750.790.30.50.740.740.840.820.740.790.750.330.730.110.740.9-0.07-0.220.750.630.030.470.64-0.47-0.47
0.750.680.830.680.760.750.530.680.730.690.740.330.720.830.740.60.28-0.490.730.180.740.50.76-0.33-0.33
0.960.940.710.540.970.960.770.920.890.870.960.730.720.710.950.910.06-0.280.940.580.520.340.99-0.26-0.26
0.660.620.880.390.670.670.290.560.570.450.660.110.830.710.670.420.19-0.190.650.270.780.090.770.020.02
1.00.980.760.690.980.990.820.990.970.921.00.740.740.950.670.920.2-0.451.00.520.480.510.93-0.44-0.44
0.940.940.540.690.930.930.950.960.920.950.940.90.60.910.420.92-0.02-0.410.930.480.280.550.87-0.46-0.46
0.170.150.230.130.140.17-0.120.190.220.20.16-0.070.280.060.190.2-0.02-0.530.190.130.470.390.08-0.23-0.23
-0.45-0.45-0.25-0.63-0.42-0.44-0.53-0.49-0.5-0.59-0.45-0.22-0.49-0.28-0.19-0.45-0.41-0.53-0.460.34-0.39-0.76-0.320.390.39
1.00.980.750.710.980.990.830.990.970.921.00.750.730.940.651.00.930.19-0.460.510.460.530.93-0.45-0.45
0.50.530.370.010.490.510.230.510.460.380.50.630.180.580.270.520.480.130.340.510.18-0.050.5-0.12-0.12
0.470.480.630.270.480.470.190.410.380.380.460.030.740.520.780.480.280.47-0.390.460.180.170.570.280.28
0.530.50.30.870.520.530.60.590.650.680.530.470.50.340.090.510.550.39-0.760.53-0.050.170.34-0.67-0.67
0.950.920.750.550.970.950.740.890.880.850.950.640.760.990.770.930.870.08-0.320.930.50.570.34-0.24-0.24
-0.45-0.35-0.26-0.6-0.42-0.45-0.43-0.49-0.58-0.52-0.46-0.47-0.33-0.260.02-0.44-0.46-0.230.39-0.45-0.120.28-0.67-0.241.0
-0.45-0.35-0.26-0.6-0.42-0.45-0.43-0.49-0.58-0.52-0.46-0.47-0.33-0.260.02-0.44-0.46-0.230.39-0.45-0.120.28-0.67-0.241.0
Click cells to compare fundamentals

York Water Account Relationship Matchups

York Water fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets363.5M407.0M458.9M510.6M588.2M617.6M
Short Long Term Debt Total101.0M123.6M146.4M139.5M180.0M189.0M
Other Current Liab5.2M5.5M5.9M5.3M7.3M4.8M
Total Current Liabilities15.2M12.0M20.1M17.0M18.1M11.3M
Total Stockholder Equity134.2M143.3M152.6M207.2M221.2M232.2M
Property Plant And Equipment Net314.0M344.4M383.6M431.9M495.3M520.0M
Net Debt101.0M123.6M146.4M139.5M180.0M189.0M
Retained Earnings50.2M57.3M64.4M73.0M85.0M89.3M
Accounts Payable3.5M6.5M6.7M10.8M10.9M11.4M
Non Current Assets Total354.1M390.7M447.6M496.4M572.6M601.3M
Non Currrent Assets Other(274K)2.8M14.4M16.6M77.3M81.2M
Net Receivables7.2M8.8M8.3M10.9M11.7M6.1M
Common Stock Total Equity84.0M85.9M88.2M134.2M154.4M162.1M
Common Stock Shares Outstanding13.0M13.0M13.1M14.0M14.3M12.4M
Liabilities And Stockholders Equity363.5M407.0M458.9M510.6M588.2M617.6M
Non Current Liabilities Total214.2M251.7M286.1M286.4M348.9M366.3M
Inventory1.0M1.0M1.9M2.3M3.1M3.3M
Other Current Assets1.1M6.5M1.0M1.0M821K939.1K
Total Liab229.3M263.7M306.2M303.4M367.0M385.4M
Property Plant And Equipment Gross314.0M344.4M717K696K612.9M643.5M
Total Current Assets9.4M16.3M11.3M14.2M15.6M9.0M
Short Term Debt1.0M1.0M6.5M7.5M6.8M3.6M
Common Stock84.0M85.9M88.2M134.2M136.2M143.0M
Other Liab117.4M125.4M145.2M146.3M168.2M176.6M
Other Assets40.2M390.7K64.0M64.5M(13.2M)(12.6M)
Long Term Debt94.5M123.6M138.9M139.5M180.0M90.8M
Net Tangible Assets134.2M143.3M152.6M207.2M186.5M131.4M
Retained Earnings Total Equity50.2M57.3M64.4M73.0M83.9M42.1M
Long Term Debt Total94.5M123.6M138.9M139.5M160.4M116.6M
Deferred Long Term Liab34.2M39.9M45.3M42.5M48.9M40.3M
Non Current Liabilities Other119.7M128.1M147.3M147.0M47.3M81.5M
Short Long Term Debt1.0M1.0M6.5M7.5M8.6M9.1M

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