YORW Stock | | | USD 36.18 0.71 2.00% |
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 Long Term Debt Total and its Long Term Debt 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.
Long Term Debt Total vs Long Term Debt
Long Term Debt Total vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
York Water Long Term Debt Total account and
Long Term Debt. At this time, the significance of the direction appears to have very strong relationship.
The correlation between York Water's Long Term Debt Total and Long Term Debt is 0.84. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Long Term Debt 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 Long Term Debt Total and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt Total of The York Water are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Long Term Debt Total i.e., York Water's Long Term Debt Total and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Long Term Debt Total
Long Term Debt
Long-term debt is a debt that York Water has held for over one year. Long-term debt appears on The York Water balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on The York Water balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
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.
York Water fundamental ratios Correlations
Click cells to compare fundamentals
York Water Account Relationship Matchups
High Positive Relationship
High Negative Relationship
York Water fundamental ratios Accounts
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