Forward Long Term Debt vs Property Plant And Equipment Gross Analysis
FWTC Stock | 0.08 0.01 14.29% |
Forward Water financial indicator trend analysis is much more than just examining Forward Water Techno latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Forward Water Techno is a good investment. Please check the relationship between Forward Water Long Term Debt and its Property Plant And Equipment Gross accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Forward 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 main economic indicators.
Long Term Debt vs Property Plant And Equipment Gross
Long Term Debt vs Property Plant And Equipment Gross Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Forward Water Techno Long Term Debt account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Forward Water's Long Term Debt and Property Plant And Equipment Gross is -0.24. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Forward Water Technologies, assuming nothing else is changed. The correlation between historical values of Forward Water's Long Term Debt and Property Plant And Equipment Gross 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 of Forward Water Technologies are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Long Term Debt i.e., Forward Water's Long Term Debt and Property Plant And Equipment Gross go up and down completely randomly.
Correlation Coefficient | -0.24 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Long Term Debt
Long-term debt is a debt that Forward Water Techno has held for over one year. Long-term debt appears on Forward Water Technologies 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 Forward Water Technologies 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.Property Plant And Equipment Gross
Most indicators from Forward Water's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Forward 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Forward 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 main economic indicators. Selling General Administrative is likely to climb to about 2 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 265.3K | 265.4K | 37.9K | 36.0K | Total Operating Expenses | 4.2M | 2.3M | 2.2M | 2.7M |
Forward Water fundamental ratios Correlations
Click cells to compare fundamentals
Forward Water Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Forward Stock Analysis
When running Forward Water's price analysis, check to measure Forward 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 Forward Water is operating at the current time. Most of Forward Water's value examination focuses on studying past and present price action to predict the probability of Forward 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 Forward Water's price. Additionally, you may evaluate how the addition of Forward Water to your portfolios can decrease your overall portfolio volatility.