York Total Liab vs Net Invested Capital Analysis

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 Total Liab and its Net Invested Capital 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.

Total Liab vs Net Invested Capital

Total Liab vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of York Water Total Liab account and Net Invested Capital. At this time, the significance of the direction appears to have very strong relationship.
The correlation between York Water's Total Liab and Net Invested Capital is 0.84. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Net Invested Capital 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 Total Liab and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of The York Water are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Total Liab i.e., York Water's Total Liab and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
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
0.970.70.660.960.970.860.990.930.910.980.790.680.940.620.980.940.15-0.450.980.530.480.50.92-0.35-0.35
0.750.70.610.730.760.410.690.720.560.740.310.830.710.880.760.540.23-0.250.750.370.630.30.75-0.26-0.26
0.710.660.610.690.710.730.730.80.760.710.480.680.540.390.690.690.13-0.630.710.010.270.870.55-0.6-0.6
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
0.830.860.410.730.820.830.880.830.890.840.830.530.770.290.820.95-0.12-0.530.830.230.190.60.74-0.43-0.43
0.980.990.690.730.960.980.880.970.940.990.820.680.920.560.990.960.19-0.490.990.510.410.590.89-0.49-0.49
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
1.00.980.740.710.991.00.840.990.980.940.770.740.960.651.00.940.16-0.431.00.520.450.530.94-0.46-0.46
0.750.790.310.480.740.740.830.820.740.790.770.330.740.120.740.9-0.07-0.190.750.660.040.450.65-0.45-0.45
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
0.960.940.710.540.970.960.770.920.890.870.960.740.720.710.950.910.06-0.280.940.580.520.340.99-0.26-0.26
0.660.620.880.390.670.670.290.560.570.450.650.120.830.710.670.420.19-0.190.650.270.780.090.770.020.02
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
-0.45-0.45-0.25-0.63-0.42-0.44-0.53-0.49-0.5-0.59-0.43-0.19-0.49-0.28-0.19-0.45-0.41-0.53-0.460.34-0.39-0.76-0.320.390.39
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
0.50.530.370.010.490.510.230.510.460.380.520.660.180.580.270.520.480.130.340.510.18-0.050.5-0.12-0.12
0.470.480.630.270.480.470.190.410.380.380.450.040.740.520.780.480.280.47-0.390.460.180.170.570.280.28
0.530.50.30.870.520.530.60.590.650.680.530.450.50.340.090.510.550.39-0.760.53-0.050.170.34-0.67-0.67
0.950.920.750.550.970.950.740.890.880.850.940.650.760.990.770.930.870.08-0.320.930.50.570.34-0.24-0.24
-0.45-0.35-0.26-0.6-0.42-0.45-0.43-0.49-0.58-0.52-0.46-0.45-0.33-0.260.02-0.44-0.46-0.230.39-0.45-0.120.28-0.67-0.241.0
-0.45-0.35-0.26-0.6-0.42-0.45-0.43-0.49-0.58-0.52-0.46-0.45-0.33-0.260.02-0.44-0.46-0.230.39-0.45-0.120.28-0.67-0.241.0
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 Total354.1M390.7M447.6M496.4M585.9M615.2M
Non Currrent Assets Other(274K)2.8M14.4M16.6M90.6M95.1M
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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for York Stock Analysis

When running York Water's price analysis, check to measure York 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 York Water is operating at the current time. Most of York Water's value examination focuses on studying past and present price action to predict the probability of York Water's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move York Water's price. Additionally, you may evaluate how the addition of York Water to your portfolios can decrease your overall portfolio volatility.