Forward Non Current Assets Total vs Total Assets 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 Non Current Assets Total and its Total Assets 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.

Non Current Assets Total vs Total Assets

Non Current Assets Total vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Forward Water Techno Non Current Assets Total account and Total Assets. At this time, the significance of the direction appears to have weak relationship.

The correlation between Forward Water's Non Current Assets Total and Total Assets is 0.33. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Assets 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 Non Current Assets Total 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 Non Current Assets Total of Forward 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 Non Current Assets Total i.e., Forward Water's Non Current Assets Total and Total Assets go up and down completely randomly.

Correlation Coefficient

0.33

Relationship Direction	Positive
Relationship Strength	Very Weak

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Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Total Assets

Total assets refers to the total amount of Forward 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 Forward 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 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

Reconciled Depreciation Total Operating Expenses

Forward Water fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Net Receivables	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Long Term Debt	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Capital Stock	Net Working Capital
Other Current Liab		0.11	0.92	-0.91	0.92	-0.66	0.86	-0.29	-1.0	0.66	-0.73	-0.89	-0.85	0.98	-0.56	-0.85	0.71	-0.62	-0.84	0.77	0.95	-0.68	-0.6	1.0	-0.99	-0.81
Total Current Liabilities	0.11		-0.16	-0.42	-0.05	0.02	-0.33	-0.51	-0.1	-0.53	-0.3	-0.27	0.1	0.12	-0.33	0.1	-0.08	0.15	-0.29	0.08	0.2	-0.33	-0.05	0.14	-0.12	-0.3
Other Liab	0.92	-0.16		-0.73	0.98	-0.72	0.94	0.03	-0.9	0.83	-0.51	-0.73	-0.88	0.94	-0.3	-0.88	0.86	-0.76	-0.76	0.86	0.9	-0.45	-0.52	0.92	-0.94	-0.61
Net Tangible Assets	-0.91	-0.42	-0.73		-0.79	0.63	-0.68	0.55	0.89	-0.49	0.86	0.93	0.68	-0.92	0.72	0.68	-0.49	0.51	0.86	-0.58	-0.91	0.79	0.73	-0.92	0.92	0.89
Retained Earnings	0.92	-0.05	0.98	-0.79		-0.83	0.89	0.02	-0.9	0.79	-0.53	-0.72	-0.92	0.96	-0.29	-0.92	0.87	-0.84	-0.74	0.81	0.9	-0.43	-0.63	0.93	-0.95	-0.61
Accounts Payable	-0.66	0.02	-0.72	0.63	-0.83		-0.58	-0.21	0.63	-0.61	0.27	0.38	0.89	-0.73	-0.01	0.89	-0.72	0.97	0.34	-0.44	-0.56	0.07	0.77	-0.65	0.69	0.27
Net Receivables	0.86	-0.33	0.94	-0.68	0.89	-0.58		-0.13	-0.84	0.93	-0.63	-0.77	-0.74	0.88	-0.47	-0.74	0.65	-0.61	-0.76	0.69	0.85	-0.57	-0.58	0.87	-0.87	-0.7
Total Current Assets	-0.29	-0.51	0.03	0.55	0.02	-0.21	-0.13		0.29	0.05	0.83	0.66	-0.17	-0.24	0.93	-0.17	0.42	-0.39	0.53	0.11	-0.35	0.87	0.34	-0.32	0.27	0.77
Common Stock	-1.0	-0.1	-0.9	0.89	-0.9	0.63	-0.84	0.29		-0.63	0.71	0.88	0.85	-0.96	0.56	0.85	-0.69	0.59	0.81	-0.76	-0.93	0.68	0.57	-0.98	0.98	0.8
Property Plant Equipment	0.66	-0.53	0.83	-0.49	0.79	-0.61	0.93	0.05	-0.63		-0.47	-0.56	-0.65	0.72	-0.28	-0.65	0.57	-0.66	-0.56	0.5	0.66	-0.35	-0.63	0.67	-0.69	-0.49
Total Assets	-0.73	-0.3	-0.51	0.86	-0.53	0.27	-0.63	0.83	0.71	-0.47		0.95	0.33	-0.72	0.96	0.33	-0.08	0.13	0.85	-0.31	-0.77	0.97	0.67	-0.75	0.72	0.98
Total Stockholder Equity	-0.89	-0.27	-0.73	0.93	-0.72	0.38	-0.77	0.66	0.88	-0.56	0.95		0.54	-0.88	0.86	0.54	-0.38	0.3	0.95	-0.59	-0.93	0.93	0.6	-0.91	0.89	0.99
Property Plant And Equipment Net	-0.85	0.1	-0.88	0.68	-0.92	0.89	-0.74	-0.17	0.85	-0.65	0.33	0.54		-0.85	0.1	1.0	-0.86	0.9	0.48	-0.68	-0.72	0.22	0.6	-0.82	0.85	0.41
Net Debt	0.98	0.12	0.94	-0.92	0.96	-0.73	0.88	-0.24	-0.96	0.72	-0.72	-0.88	-0.85		-0.52	-0.85	0.75	-0.7	-0.87	0.79	0.97	-0.65	-0.66	0.99	-1.0	-0.79
Cash	-0.56	-0.33	-0.3	0.72	-0.29	-0.01	-0.47	0.93	0.56	-0.28	0.96	0.86	0.1	-0.52		0.1	0.14	-0.15	0.75	-0.16	-0.62	0.98	0.48	-0.59	0.55	0.93
Non Current Assets Total	-0.85	0.1	-0.88	0.68	-0.92	0.89	-0.74	-0.17	0.85	-0.65	0.33	0.54	1.0	-0.85	0.1		-0.86	0.9	0.48	-0.68	-0.72	0.22	0.6	-0.82	0.85	0.41
Long Term Debt	0.71	-0.08	0.86	-0.49	0.87	-0.72	0.65	0.42	-0.69	0.57	-0.08	-0.38	-0.86	0.75	0.14	-0.86		-0.83	-0.48	0.89	0.68	-0.03	-0.24	0.71	-0.74	-0.22
Common Stock Shares Outstanding	-0.62	0.15	-0.76	0.51	-0.84	0.97	-0.61	-0.39	0.59	-0.66	0.13	0.3	0.9	-0.7	-0.15	0.9	-0.83		0.3	-0.53	-0.54	-0.05	0.64	-0.61	0.66	0.16
Short Term Investments	-0.84	-0.29	-0.76	0.86	-0.74	0.34	-0.76	0.53	0.81	-0.56	0.85	0.95	0.48	-0.87	0.75	0.48	-0.48	0.3		-0.73	-0.95	0.85	0.46	-0.88	0.86	0.92
Non Current Liabilities Total	0.77	0.08	0.86	-0.58	0.81	-0.44	0.69	0.11	-0.76	0.5	-0.31	-0.59	-0.68	0.79	-0.16	-0.68	0.89	-0.53	-0.73		0.83	-0.34	-0.09	0.79	-0.79	-0.47
Total Liab	0.95	0.2	0.9	-0.91	0.9	-0.56	0.85	-0.35	-0.93	0.66	-0.77	-0.93	-0.72	0.97	-0.62	-0.72	0.68	-0.54	-0.95	0.83		-0.74	-0.54	0.98	-0.97	-0.86
Net Invested Capital	-0.68	-0.33	-0.45	0.79	-0.43	0.07	-0.57	0.87	0.68	-0.35	0.97	0.93	0.22	-0.65	0.98	0.22	-0.03	-0.05	0.85	-0.34	-0.74		0.47	-0.71	0.67	0.98
Property Plant And Equipment Gross	-0.6	-0.05	-0.52	0.73	-0.63	0.77	-0.58	0.34	0.57	-0.63	0.67	0.6	0.6	-0.66	0.48	0.6	-0.24	0.64	0.46	-0.09	-0.54	0.47		-0.61	0.62	0.58
Short Long Term Debt	1.0	0.14	0.92	-0.92	0.93	-0.65	0.87	-0.32	-0.98	0.67	-0.75	-0.91	-0.82	0.99	-0.59	-0.82	0.71	-0.61	-0.88	0.79	0.98	-0.71	-0.61		-1.0	-0.83
Capital Stock	-0.99	-0.12	-0.94	0.92	-0.95	0.69	-0.87	0.27	0.98	-0.69	0.72	0.89	0.85	-1.0	0.55	0.85	-0.74	0.66	0.86	-0.79	-0.97	0.67	0.62	-1.0		0.8
Net Working Capital	-0.81	-0.3	-0.61	0.89	-0.61	0.27	-0.7	0.77	0.8	-0.49	0.98	0.99	0.41	-0.79	0.93	0.41	-0.22	0.16	0.92	-0.47	-0.86	0.98	0.58	-0.83	0.8

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Forward Non Current Assets Total vs Total Assets Analysis

Non Current Assets Total vs Total Assets

Non Current Assets Total vs Total Assets Correlation Analysis

Correlation Coefficient

Non Current Assets Total

Total Assets

Forward Water fundamental ratios Correlations

Forward Water Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for Forward Stock Analysis

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Short Long Term Debt	+ 1.0	Other Current Liab
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Net Working Capital	+ 0.99	Total Stockholder Equity
Short Long Term Debt	+ 0.99	Net Debt
Net Debt	+ 0.98	Other Current Liab
Retained Earnings	+ 0.98	Other Liab

Capital Stock	- 1.0	Short Long Term Debt
Capital Stock	- 1.0	Net Debt
Common Stock	- 1.0	Other Current Liab
Capital Stock	- 0.99	Other Current Liab
Short Long Term Debt	- 0.98	Common Stock
Capital Stock	- 0.97	Total Liab