Forward Property Plant Equipment vs Long Term Debt 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 Long Term Debt 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 Long Term Debt
Property Plant Equipment vs Long Term Debt 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 Long Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Forward Water's Property Plant Equipment and Long Term Debt is 0.57. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Long Term Debt 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 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 Property Plant Equipment of Forward Water Technologies 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 Property Plant Equipment i.e., Forward Water's Property Plant Equipment and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.57 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Property Plant Equipment
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.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 |
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