Forward Total Stockholder Equity vs Short Term Investments 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 Stockholder Equity and its Short Term Investments 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 Stockholder Equity vs Short Term Investments

Total Stockholder Equity vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Forward Water Techno Total Stockholder Equity account and Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Forward Water's Total Stockholder Equity and Short Term Investments is 0.95. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Short Term Investments 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 Stockholder Equity and Short Term Investments 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 Stockholder Equity of Forward Water Technologies are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Total Stockholder Equity i.e., Forward Water's Total Stockholder Equity and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Short Term Investments

Short Term Investments is an item under the current assets section of Forward Water balance sheet. It contains any investments Forward Water Technologies undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Forward Water Techno can easily liquidate in the marketplace.
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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