Current Short Term Debt vs Other Current Assets Analysis

WATR Stock

CAD 0.02 0.01 33.33%

Current Water financial indicator trend analysis is way more than just evaluating Current Water Techno prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Current Water Techno is a good investment. Please check the relationship between Current Water Short Term Debt and its Other Current Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Current 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 metropolitan statistical area.

Short Term Debt vs Other Current Assets

Short Term Debt vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Current Water Techno Short Term Debt account and Other Current Assets. At this time, the significance of the direction appears to have no relationship.

The correlation between Current Water's Short Term Debt and Other Current Assets is 0.0. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Current Water Technologies, assuming nothing else is changed. The correlation between historical values of Current Water's Short Term Debt and Other Current 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 Short Term Debt of Current Water Technologies are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Short Term Debt i.e., Current Water's Short Term Debt and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.0

Relationship Direction	Flat
Relationship Strength	Insignificant

View All Relationships

Short Term Debt

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Most indicators from Current Water's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Current 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Current 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 metropolitan statistical area.

At this time, Current Water's Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 12.50 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.30 in 2024.

	2021	2022	2023	2024 (projected)
Total Revenue	1.2M	2.2M	2.0M	2.1M
Depreciation And Amortization	158.5K	164.3K	188.9K	103.3K

Total Revenue Depreciation And Amortization

Current Water fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Investments	Inventory	Short Term Debt	Current Deferred Revenue	Intangible Assets	Common Stock
Total Assets		0.55	-0.27	0.45	0.2	0.68	-0.11	-0.45	0.43	0.35	0.58	-0.14	0.37	0.54	0.55	0.63	0.25	-0.37	0.54	0.85	-0.3	0.34	0.23	0.22	-0.26	0.57
Short Long Term Debt Total	0.55		-0.44	0.42	-0.16	0.51	0.46	-0.37	0.2	-0.01	0.43	-0.03	0.01	0.06	0.34	0.45	-0.2	-0.45	0.46	0.33	-0.24	0.53	0.22	0.22	-0.28	0.43
Other Current Liab	-0.27	-0.44		-0.03	-0.09	-0.39	-0.19	0.06	0.12	-0.02	-0.41	-0.16	0.01	-0.19	-0.28	-0.43	0.43	0.1	-0.18	-0.13	-0.15	-0.14	0.23	-0.13	0.17	-0.13
Total Current Liabilities	0.45	0.42	-0.03		-0.72	0.61	0.57	-0.77	0.89	-0.37	0.4	0.22	-0.42	0.6	0.87	0.54	0.7	-0.5	0.96	0.44	-0.18	0.82	0.04	0.66	-0.85	0.84
Total Stockholder Equity	0.2	-0.16	-0.09	-0.72		-0.19	-0.83	0.49	-0.57	0.75	-0.05	-0.32	0.83	-0.21	-0.5	-0.18	-0.51	0.24	-0.64	0.26	0.02	-0.66	0.05	-0.55	0.68	-0.58
Property Plant And Equipment Net	0.68	0.51	-0.39	0.61	-0.19		0.36	-0.5	0.65	-0.22	0.94	-0.02	-0.23	0.83	0.7	0.96	0.31	-0.3	0.8	0.43	-0.17	0.32	0.04	0.25	-0.35	0.58
Net Debt	-0.11	0.46	-0.19	0.57	-0.83	0.36		-0.29	0.44	-0.86	0.3	0.37	-0.85	0.24	0.35	0.37	0.2	-0.41	0.58	-0.33	0.11	0.6	-0.16	0.49	-0.51	0.39
Retained Earnings	-0.45	-0.37	0.06	-0.77	0.49	-0.5	-0.29		-0.62	0.08	-0.18	0.38	0.15	-0.42	-0.89	-0.41	-0.49	-0.03	-0.74	-0.54	0.72	-0.77	-0.6	-0.11	0.71	-0.91
Accounts Payable	0.43	0.2	0.12	0.89	-0.57	0.65	0.44	-0.62		-0.42	0.5	0.17	-0.41	0.71	0.76	0.57	0.86	-0.48	0.87	0.39	-0.13	0.57	-0.04	0.52	-0.64	0.68
Cash	0.35	-0.01	-0.02	-0.37	0.75	-0.22	-0.86	0.08	-0.42		-0.23	-0.35	0.96	-0.29	-0.17	-0.25	-0.32	0.23	-0.38	0.55	-0.2	-0.3	0.26	-0.33	0.32	-0.16
Non Current Assets Total	0.58	0.43	-0.41	0.4	-0.05	0.94	0.3	-0.18	0.5	-0.23		0.14	-0.22	0.77	0.45	0.93	0.17	-0.34	0.62	0.25	0.09	0.05	-0.19	0.25	-0.12	0.32
Non Currrent Assets Other	-0.14	-0.03	-0.16	0.22	-0.32	-0.02	0.37	0.38	0.17	-0.35	0.14		-0.38	0.15	-0.05	0.04	0.1	-0.63	0.19	-0.22	0.88	0.06	-0.89	0.84	-0.3	-0.15
Cash And Short Term Investments	0.37	0.01	0.01	-0.42	0.83	-0.23	-0.85	0.15	-0.41	0.96	-0.22	-0.38		-0.31	-0.24	-0.25	-0.34	0.12	-0.43	0.55	-0.2	-0.35	0.26	-0.39	0.41	-0.26
Net Receivables	0.54	0.06	-0.19	0.6	-0.21	0.83	0.24	-0.42	0.71	-0.29	0.77	0.15	-0.31		0.7	0.84	0.56	-0.24	0.75	0.44	0.01	0.27	-0.15	0.37	-0.46	0.51
Common Stock Shares Outstanding	0.55	0.34	-0.28	0.87	-0.5	0.7	0.35	-0.89	0.76	-0.17	0.45	-0.05	-0.24	0.7		0.64	0.57	-0.2	0.9	0.59	-0.38	0.73	0.21	0.4	-0.8	0.89
Non Current Liabilities Total	0.63	0.45	-0.43	0.54	-0.18	0.96	0.37	-0.41	0.57	-0.25	0.93	0.04	-0.25	0.84	0.64		0.26	-0.29	0.75	0.37	-0.08	0.27	-0.05	0.25	-0.28	0.5
Other Current Assets	0.25	-0.2	0.43	0.7	-0.51	0.31	0.2	-0.49	0.86	-0.32	0.17	0.1	-0.34	0.56	0.57	0.26		-0.28	0.63	0.3	-0.14	0.42	0.0	0.41	-0.49	0.57
Other Stockholder Equity	-0.37	-0.45	0.1	-0.5	0.24	-0.3	-0.41	-0.03	-0.48	0.23	-0.34	-0.63	0.12	-0.24	-0.2	-0.29	-0.28		-0.46	-0.25	-0.45	-0.37	0.49	-0.76	0.3	-0.13
Total Liab	0.54	0.46	-0.18	0.96	-0.64	0.8	0.58	-0.74	0.87	-0.38	0.62	0.19	-0.43	0.75	0.9	0.75	0.63	-0.46		0.44	-0.16	0.73	0.01	0.61	-0.76	0.84
Total Current Assets	0.85	0.33	-0.13	0.44	0.26	0.43	-0.33	-0.54	0.39	0.55	0.25	-0.22	0.55	0.44	0.59	0.37	0.3	-0.25	0.44		-0.36	0.4	0.28	0.16	-0.37	0.51
Short Term Investments	-0.3	-0.24	-0.15	-0.18	0.02	-0.17	0.11	0.72	-0.13	-0.2	0.09	0.88	-0.2	0.01	-0.38	-0.08	-0.14	-0.45	-0.16	-0.36		-0.31	-0.97	0.54	0.11	-0.53
Inventory	0.34	0.53	-0.14	0.82	-0.66	0.32	0.6	-0.77	0.57	-0.3	0.05	0.06	-0.35	0.27	0.73	0.27	0.42	-0.37	0.73	0.4	-0.31		0.23	0.51	-0.83	0.79
Short Term Debt	0.23	0.22	0.23	0.04	0.05	0.04	-0.16	-0.6	-0.04	0.26	-0.19	-0.89	0.26	-0.15	0.21	-0.05	0.0	0.49	0.01	0.28	-0.97	0.23		-0.59	-0.01	0.42
Current Deferred Revenue	0.22	0.22	-0.13	0.66	-0.55	0.25	0.49	-0.11	0.52	-0.33	0.25	0.84	-0.39	0.37	0.4	0.25	0.41	-0.76	0.61	0.16	0.54	0.51	-0.59		-0.66	0.36
Intangible Assets	-0.26	-0.28	0.17	-0.85	0.68	-0.35	-0.51	0.71	-0.64	0.32	-0.12	-0.3	0.41	-0.46	-0.8	-0.28	-0.49	0.3	-0.76	-0.37	0.11	-0.83	-0.01	-0.66		-0.75
Common Stock	0.57	0.43	-0.13	0.84	-0.58	0.58	0.39	-0.91	0.68	-0.16	0.32	-0.15	-0.26	0.51	0.89	0.5	0.57	-0.13	0.84	0.51	-0.53	0.79	0.42	0.36	-0.75

Click cells to compare fundamentals

Current Water Account Relationship Matchups

Current Water fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.1M	1.3M	1.5M	902.8K	2.1M	1.2M
Short Long Term Debt Total	518.8K	503.5K	369.6K	233.1K	268.0K	177.7K
Other Current Liab	7K	11K	1K	5K	4.5K	4.3K
Total Current Liabilities	1.1M	1.0M	1.1M	1.2M	1.3M	1.3M
Total Stockholder Equity	(353.1K)	(64.2K)	216.7K	(465.0K)	96.6K	91.8K
Property Plant And Equipment Net	610.9K	458.5K	393.5K	229.8K	999.2K	1.0M
Net Debt	446.5K	371.0K	(265.7K)	114.4K	6.9K	7.2K
Retained Earnings	(27.1M)	(27.4M)	(28.9M)	(30.0M)	(29.5M)	(28.1M)
Accounts Payable	429.5K	340.9K	198.6K	582.5K	669.8K	703.3K
Cash	72.3K	132.5K	635.3K	118.7K	113.1K	107.5K
Non Current Assets Total	613.5K	461.0K	395.7K	234.2K	1.0M	1.1M
Cash And Short Term Investments	72.3K	132.5K	635.3K	118.7K	106.8K	101.5K
Net Receivables	60.4K	154.8K	84.2K	37.1K	583.1K	612.3K
Common Stock Shares Outstanding	150.6M	168.5M	205.7M	212.3M	244.1M	256.3M
Liabilities And Stockholders Equity	1.1M	1.3M	1.5M	902.8K	812.5K	1.2M
Non Current Liabilities Total	383.7K	370.1K	233.1K	120K	732.3K	768.9K
Other Current Assets	301.0	2.2K	1.3K	54.1K	62.2K	43.2K
Other Stockholder Equity	6.5M	7.2M	7.3M	7.7M	8.9M	9.1M
Total Liab	1.5M	1.4M	1.3M	1.4M	2.0M	2.1M
Total Current Assets	533.3K	874.8K	1.1M	668.6K	1.1M	968.8K
Inventory	397.6K	585.3K	384.0K	458.8K	324.6K	240K
Intangible Assets	2.6K	2.4K	2.3K	4.4K	3.8K	3.6K
Net Tangible Assets	(500.8K)	(355.7K)	(66.6K)	214.4K	246.6K	258.9K
Property Plant Equipment	153.1K	610.9K	458.5K	393.5K	452.5K	307.6K
Net Invested Capital	(324.2K)	67.8K	340.3K	(345.0K)	216.6K	227.4K
Net Working Capital	(582.9K)	(155.0K)	54.0K	(579.2K)	(174.2K)	(182.9K)

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Current Stock Analysis

When running Current Water's price analysis, check to measure Current Water's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Current Water is operating at the current time. Most of Current Water's value examination focuses on studying past and present price action to predict the probability of Current Water's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Current Water's price. Additionally, you may evaluate how the addition of Current Water to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC