Forward Property Plant Equipment vs Common Stock Shares Outstanding Analysis

FWTC Stock   0.08  0.00  0.00%   
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 Property Plant Equipment and its Common Stock Shares Outstanding 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.

Property Plant Equipment vs Common Stock Shares Outstanding

Property Plant Equipment vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Forward Water Techno Property Plant Equipment account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Forward Water's Property Plant Equipment and Common Stock Shares Outstanding is -0.66. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Common Stock Shares Outstanding 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 Property Plant Equipment and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Forward Water Technologies are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Property Plant Equipment i.e., Forward Water's Property Plant Equipment and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.66
Relationship DirectionNegative 
Relationship StrengthWeak

Property Plant Equipment

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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 Depreciation265.3K265.4K37.9K36.0K
Total Operating Expenses4.2M2.3M2.2M2.7M

Forward Water fundamental ratios Correlations

0.110.92-0.910.92-0.660.86-0.29-1.00.66-0.73-0.89-0.850.98-0.56-0.850.71-0.62-0.840.770.95-0.68-0.61.0-0.99-0.81
0.11-0.16-0.42-0.050.02-0.33-0.51-0.1-0.53-0.3-0.270.10.12-0.330.1-0.080.15-0.290.080.2-0.33-0.050.14-0.12-0.3
0.92-0.16-0.730.98-0.720.940.03-0.90.83-0.51-0.73-0.880.94-0.3-0.880.86-0.76-0.760.860.9-0.45-0.520.92-0.94-0.61
-0.91-0.42-0.73-0.790.63-0.680.550.89-0.490.860.930.68-0.920.720.68-0.490.510.86-0.58-0.910.790.73-0.920.920.89
0.92-0.050.98-0.79-0.830.890.02-0.90.79-0.53-0.72-0.920.96-0.29-0.920.87-0.84-0.740.810.9-0.43-0.630.93-0.95-0.61
-0.660.02-0.720.63-0.83-0.58-0.210.63-0.610.270.380.89-0.73-0.010.89-0.720.970.34-0.44-0.560.070.77-0.650.690.27
0.86-0.330.94-0.680.89-0.58-0.13-0.840.93-0.63-0.77-0.740.88-0.47-0.740.65-0.61-0.760.690.85-0.57-0.580.87-0.87-0.7
-0.29-0.510.030.550.02-0.21-0.130.290.050.830.66-0.17-0.240.93-0.170.42-0.390.530.11-0.350.870.34-0.320.270.77
-1.0-0.1-0.90.89-0.90.63-0.840.29-0.630.710.880.85-0.960.560.85-0.690.590.81-0.76-0.930.680.57-0.980.980.8
0.66-0.530.83-0.490.79-0.610.930.05-0.63-0.47-0.56-0.650.72-0.28-0.650.57-0.66-0.560.50.66-0.35-0.630.67-0.69-0.49
-0.73-0.3-0.510.86-0.530.27-0.630.830.71-0.470.950.33-0.720.960.33-0.080.130.85-0.31-0.770.970.67-0.750.720.98
-0.89-0.27-0.730.93-0.720.38-0.770.660.88-0.560.950.54-0.880.860.54-0.380.30.95-0.59-0.930.930.6-0.910.890.99
-0.850.1-0.880.68-0.920.89-0.74-0.170.85-0.650.330.54-0.850.11.0-0.860.90.48-0.68-0.720.220.6-0.820.850.41
0.980.120.94-0.920.96-0.730.88-0.24-0.960.72-0.72-0.88-0.85-0.52-0.850.75-0.7-0.870.790.97-0.65-0.660.99-1.0-0.79
-0.56-0.33-0.30.72-0.29-0.01-0.470.930.56-0.280.960.860.1-0.520.10.14-0.150.75-0.16-0.620.980.48-0.590.550.93
-0.850.1-0.880.68-0.920.89-0.74-0.170.85-0.650.330.541.0-0.850.1-0.860.90.48-0.68-0.720.220.6-0.820.850.41
0.71-0.080.86-0.490.87-0.720.650.42-0.690.57-0.08-0.38-0.860.750.14-0.86-0.83-0.480.890.68-0.03-0.240.71-0.74-0.22
-0.620.15-0.760.51-0.840.97-0.61-0.390.59-0.660.130.30.9-0.7-0.150.9-0.830.3-0.53-0.54-0.050.64-0.610.660.16
-0.84-0.29-0.760.86-0.740.34-0.760.530.81-0.560.850.950.48-0.870.750.48-0.480.3-0.73-0.950.850.46-0.880.860.92
0.770.080.86-0.580.81-0.440.690.11-0.760.5-0.31-0.59-0.680.79-0.16-0.680.89-0.53-0.730.83-0.34-0.090.79-0.79-0.47
0.950.20.9-0.910.9-0.560.85-0.35-0.930.66-0.77-0.93-0.720.97-0.62-0.720.68-0.54-0.950.83-0.74-0.540.98-0.97-0.86
-0.68-0.33-0.450.79-0.430.07-0.570.870.68-0.350.970.930.22-0.650.980.22-0.03-0.050.85-0.34-0.740.47-0.710.670.98
-0.6-0.05-0.520.73-0.630.77-0.580.340.57-0.630.670.60.6-0.660.480.6-0.240.640.46-0.09-0.540.47-0.610.620.58
1.00.140.92-0.920.93-0.650.87-0.32-0.980.67-0.75-0.91-0.820.99-0.59-0.820.71-0.61-0.880.790.98-0.71-0.61-1.0-0.83
-0.99-0.12-0.940.92-0.950.69-0.870.270.98-0.690.720.890.85-1.00.550.85-0.740.660.86-0.79-0.970.670.62-1.00.8
-0.81-0.3-0.610.89-0.610.27-0.70.770.8-0.490.980.990.41-0.790.930.41-0.220.160.92-0.47-0.860.980.58-0.830.8
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Forward Water Account Relationship Matchups

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