Forward Total Assets vs Property Plant And Equipment Net 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 Total Assets and its Property Plant And Equipment Net 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.

Total Assets vs Property Plant And Equipment Net

Total Assets vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Forward Water Techno Total Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have weak relationship.
The correlation between Forward Water's Total Assets and Property Plant And Equipment Net is 0.33. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Property Plant And Equipment Net 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 Total Assets and Property Plant And Equipment Net 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 Assets of Forward Water Technologies are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Assets i.e., Forward Water's Total Assets and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.33
Relationship DirectionPositive 
Relationship StrengthVery Weak

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.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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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