California Dividends Paid vs Capital Expenditures Analysis

CWT Stock

USD 48.64 0.34 0.70%

California Water financial indicator trend analysis is way more than just evaluating California Water Service prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether California Water Service is a good investment. Please check the relationship between California Water Dividends Paid and its Capital Expenditures accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in California Water Service. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

Dividends Paid vs Capital Expenditures

Dividends Paid vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of California Water Service Dividends Paid account and Capital Expenditures. At this time, the significance of the direction appears to have almost identical trend.

The correlation between California Water's Dividends Paid and Capital Expenditures is 0.95. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of California Water Service, assuming nothing else is changed. The correlation between historical values of California Water's Dividends Paid and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of California Water Service are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Dividends Paid i.e., California Water's Dividends Paid and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

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Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.

Capital Expenditures

Capital Expenditures are funds used by California Water Service to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of California Water operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Most indicators from California Water's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into California Water Service 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in California Water Service. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

At this time, California Water's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 20.09 in 2024, whereas Selling General Administrative is likely to drop slightly above 77.5 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	483.8M	529.5M	363.4M	285.5M
Total Revenue	790.9M	846.4M	794.6M	412.7M

Gross Profit Total Revenue

California Water fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock
Common Stock Shares Outstanding		0.64	0.6	0.43	0.49	0.6	0.6	-0.03	0.61	0.86	0.62	0.53	0.63	0.31	0.53	0.94	-0.82	0.67	0.44	0.48	0.46	0.65	0.54	0.65	0.28	-0.82
Total Assets	0.64		0.95	0.83	0.74	0.97	1.0	-0.38	0.97	0.76	0.98	0.45	1.0	0.76	0.45	0.58	-0.57	0.99	0.93	0.89	0.0	0.99	0.95	0.95	0.43	-0.57
Short Long Term Debt Total	0.6	0.95		0.85	0.79	0.89	0.94	-0.46	0.98	0.77	0.95	0.54	0.95	0.78	0.54	0.59	-0.58	0.94	0.85	0.85	-0.1	0.96	0.89	0.93	0.52	-0.58
Other Current Liab	0.43	0.83	0.85		0.74	0.81	0.83	-0.68	0.88	0.75	0.91	0.67	0.82	0.78	0.67	0.46	-0.25	0.78	0.71	0.81	-0.23	0.82	0.82	0.9	0.45	-0.25
Total Current Liabilities	0.49	0.74	0.79	0.74		0.62	0.72	-0.3	0.8	0.59	0.75	0.57	0.74	0.63	0.57	0.5	-0.49	0.7	0.58	0.65	0.02	0.79	0.56	0.76	0.91	-0.49
Total Stockholder Equity	0.6	0.97	0.89	0.81	0.62		0.98	-0.4	0.93	0.75	0.96	0.4	0.97	0.72	0.4	0.5	-0.47	0.96	0.96	0.93	-0.04	0.94	0.99	0.94	0.26	-0.47
Property Plant And Equipment Net	0.6	1.0	0.94	0.83	0.72	0.98		-0.42	0.97	0.74	0.98	0.41	1.0	0.77	0.41	0.54	-0.52	0.99	0.95	0.9	-0.03	0.99	0.96	0.94	0.4	-0.52
Current Deferred Revenue	-0.03	-0.38	-0.46	-0.68	-0.3	-0.4	-0.42		-0.53	-0.48	-0.52	-0.21	-0.38	-0.6	-0.21	-0.07	-0.28	-0.34	-0.35	-0.46	0.57	-0.37	-0.44	-0.39	-0.18	-0.28
Net Debt	0.61	0.97	0.98	0.88	0.8	0.93	0.97	-0.53		0.8	0.98	0.49	0.97	0.82	0.49	0.58	-0.53	0.96	0.87	0.89	-0.11	0.98	0.91	0.95	0.52	-0.53
Retained Earnings	0.86	0.76	0.77	0.75	0.59	0.75	0.74	-0.48	0.8		0.81	0.64	0.75	0.56	0.64	0.8	-0.54	0.74	0.59	0.71	0.07	0.75	0.73	0.81	0.32	-0.54
Accounts Payable	0.62	0.98	0.95	0.91	0.75	0.96	0.98	-0.52	0.98	0.81		0.52	0.98	0.8	0.52	0.57	-0.48	0.96	0.89	0.91	-0.09	0.97	0.95	0.97	0.43	-0.48
Cash	0.53	0.45	0.54	0.67	0.57	0.4	0.41	-0.21	0.49	0.64	0.52		0.43	0.24	1.0	0.63	-0.42	0.42	0.23	0.34	0.19	0.47	0.42	0.64	0.39	-0.42
Non Current Assets Total	0.63	1.0	0.95	0.82	0.74	0.97	1.0	-0.38	0.97	0.75	0.98	0.43		0.76	0.43	0.58	-0.57	0.99	0.94	0.89	0.0	0.99	0.95	0.94	0.42	-0.57
Non Currrent Assets Other	0.31	0.76	0.78	0.78	0.63	0.72	0.77	-0.6	0.82	0.56	0.8	0.24	0.76		0.24	0.32	-0.22	0.74	0.71	0.73	-0.51	0.77	0.72	0.71	0.41	-0.22
Cash And Short Term Investments	0.53	0.45	0.54	0.67	0.57	0.4	0.41	-0.21	0.49	0.64	0.52	1.0	0.43	0.24		0.63	-0.42	0.42	0.23	0.34	0.19	0.47	0.42	0.64	0.39	-0.42
Net Receivables	0.94	0.58	0.59	0.46	0.5	0.5	0.54	-0.07	0.58	0.8	0.57	0.63	0.58	0.32	0.63		-0.83	0.63	0.33	0.32	0.47	0.62	0.45	0.59	0.32	-0.83
Common Stock Total Equity	-0.82	-0.57	-0.58	-0.25	-0.49	-0.47	-0.52	-0.28	-0.53	-0.54	-0.48	-0.42	-0.57	-0.22	-0.42	-0.83		-0.63	-0.36	-0.32	-0.55	-0.61	-0.4	-0.55	-0.33	1.0
Non Current Liabilities Total	0.67	0.99	0.94	0.78	0.7	0.96	0.99	-0.34	0.96	0.74	0.96	0.42	0.99	0.74	0.42	0.63	-0.63		0.92	0.84	0.06	0.99	0.94	0.92	0.38	-0.63
Inventory	0.44	0.93	0.85	0.71	0.58	0.96	0.95	-0.35	0.87	0.59	0.89	0.23	0.94	0.71	0.23	0.33	-0.36	0.92		0.89	-0.12	0.91	0.96	0.85	0.27	-0.36
Other Current Assets	0.48	0.89	0.85	0.81	0.65	0.93	0.9	-0.46	0.89	0.71	0.91	0.34	0.89	0.73	0.34	0.32	-0.32	0.84	0.89		-0.22	0.86	0.92	0.92	0.34	-0.32
Other Stockholder Equity	0.46	0.0	-0.1	-0.23	0.02	-0.04	-0.03	0.57	-0.11	0.07	-0.09	0.19	0.0	-0.51	0.19	0.47	-0.55	0.06	-0.12	-0.22		0.03	-0.1	-0.01	0.02	-0.55
Total Liab	0.65	0.99	0.96	0.82	0.79	0.94	0.99	-0.37	0.98	0.75	0.97	0.47	0.99	0.77	0.47	0.62	-0.61	0.99	0.91	0.86	0.03		0.92	0.94	0.5	-0.61
Property Plant And Equipment Gross	0.54	0.95	0.89	0.82	0.56	0.99	0.96	-0.44	0.91	0.73	0.95	0.42	0.95	0.72	0.42	0.45	-0.4	0.94	0.96	0.92	-0.1	0.92		0.93	0.2	-0.4
Total Current Assets	0.65	0.95	0.93	0.9	0.76	0.94	0.94	-0.39	0.95	0.81	0.97	0.64	0.94	0.71	0.64	0.59	-0.55	0.92	0.85	0.92	-0.01	0.94	0.93		0.44	-0.54
Short Term Debt	0.28	0.43	0.52	0.45	0.91	0.26	0.4	-0.18	0.52	0.32	0.43	0.39	0.42	0.41	0.39	0.32	-0.33	0.38	0.27	0.34	0.02	0.5	0.2	0.44		-0.33
Common Stock	-0.82	-0.57	-0.58	-0.25	-0.49	-0.47	-0.52	-0.28	-0.53	-0.54	-0.48	-0.42	-0.57	-0.22	-0.42	-0.83	1.0	-0.63	-0.36	-0.32	-0.55	-0.61	-0.4	-0.54	-0.33

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California Water Account Relationship Matchups

California Water fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	48.2M	49.3M	51.6M	54.4M	57.0M	39.2M
Total Assets	3.1B	3.4B	3.6B	3.9B	4.6B	4.8B
Short Long Term Debt Total	983.7M	1.2B	1.1B	1.1B	1.2B	1.3B
Other Current Liab	51.3M	73.4M	95.9M	62.5M	74.0M	77.7M
Total Current Liabilities	358.7M	588.7M	256.6M	294.7M	430.3M	451.9M
Total Stockholder Equity	779.9M	921.3M	1.2B	1.3B	1.4B	1.5B
Property Plant And Equipment Net	2.4B	2.7B	2.8B	3.1B	3.8B	4.0B
Current Deferred Revenue	2.0M	2.2M	3.9M	8.1M	13.5M	23.4M
Net Debt	941.1M	1.1B	1.0B	1.1B	1.2B	1.3B
Retained Earnings	417.1M	472.2M	525.9M	556.7M	549.6M	275.3M
Accounts Payable	108.5M	131.7M	144.4M	141.0M	157.3M	165.2M
Cash	42.7M	44.6M	78.4M	62.1M	39.6M	27.1M
Non Current Assets Total	2.9B	3.1B	3.3B	3.6B	4.3B	4.5B
Non Currrent Assets Other	517.6M	445.8M	439.1M	129.3M	475.6M	499.3M
Cash And Short Term Investments	42.7M	44.6M	78.4M	62.1M	39.6M	27.1M
Net Receivables	96.1M	78.1M	93.5M	88.2M	96.3M	60.0M
Common Stock Total Equity	485K	503K	537K	556K	500.4K	475.4K
Liabilities And Stockholders Equity	3.1B	3.4B	3.6B	3.9B	4.6B	4.8B
Non Current Liabilities Total	2.0B	1.9B	2.2B	2.2B	2.7B	2.9B
Inventory	7.7M	8.8M	9.5M	12.6M	16.2M	17.0M
Other Current Assets	38.2M	134.5M	119.0M	132.7M	144.2M	151.4M
Other Stockholder Equity	362.3M	448.6M	651.1M	760.3M	876.6M	609.2M
Total Liab	2.3B	2.5B	2.4B	2.5B	3.2B	3.3B
Property Plant And Equipment Gross	2.4B	2.6B	4.2B	4.5B	4.9B	5.1B
Total Current Assets	184.7M	266.0M	300.5M	295.5M	296.3M	311.1M
Short Term Debt	197.0M	376.9M	7.0M	74.4M	181.0M	190.0M
Common Stock	485K	503K	537K	556K	577K	548.2K
Other Liab	1.2B	1.1B	1.1B	1.2B	1.3B	715.1M
Other Assets	503.2M	3.1B	439.1M	444.8M	511.5M	408.5M
Long Term Debt	786.8M	781.1M	1.1B	1.1B	1.1B	1.1B
Property Plant Equipment	2.4B	2.7B	2.8B	261.8M	301.0M	286.0M
Intangible Assets	24.9M	27.6M	30.0M	27.8M	20.7M	17.1M
Net Tangible Assets	968.4M	1.1B	1.1B	1.5B	1.7B	1.0B
Retained Earnings Total Equity	417.1M	472.2M	525.9M	556.7M	640.2M	365.8M
Long Term Debt Total	786.8M	781.1M	1.1B	1.1B	1.2B	648.2M
Capital Surpluse	362.3M	448.6M	651.1M	760.3M	874.4M	918.1M
Deferred Long Term Liab	224.2M	276.0M	285.7M	330.3M	379.8M	259.1M
Non Current Liabilities Other	770.7M	631.4M	630.9M	651.1M	363.3M	598.2M

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