Tidewater Free Cash Flow Yield vs Pb Ratio Analysis

LCFS Stock

0.98 0.08 8.89%

Tidewater Renewables financial indicator trend analysis is much more than just breaking down Tidewater Renewables prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tidewater Renewables is a good investment. Please check the relationship between Tidewater Renewables Free Cash Flow Yield and its Pb Ratio accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Tidewater Renewables. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Free Cash Flow Yield vs Pb Ratio

Free Cash Flow Yield vs Pb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tidewater Renewables Free Cash Flow Yield account and Pb Ratio. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Tidewater Renewables' Free Cash Flow Yield and Pb Ratio is 0.86. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Tidewater Renewables, assuming nothing else is changed. The correlation between historical values of Tidewater Renewables' Free Cash Flow Yield and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Tidewater Renewables are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Free Cash Flow Yield i.e., Tidewater Renewables' Free Cash Flow Yield and Pb Ratio go up and down completely randomly.

Correlation Coefficient

0.86

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Pb Ratio

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

As of the 4th of December 2024, Selling General Administrative is likely to grow to about 15.2 M, though Tax Provision is likely to grow to (21.7 M).

	2021	2022	2023	2024 (projected)
Interest Expense	1.5M	7.2M	37.2M	39.1M
Depreciation And Amortization	6.7M	19.6M	25.7M	27.0M

Interest Expense Depreciation And Amortization

Tidewater Renewables 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	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Capital Lease Obligations	Total Liab	Net Invested Capital	Total Current Assets	Net Working Capital	Short Term Debt	Property Plant And Equipment Gross	Retained Earnings	Non Currrent Assets Other	Long Term Debt	Inventory
Common Stock Shares Outstanding		-0.38	-0.28	0.04	-0.22	-0.52	-0.41	0.09	-0.24	-0.14	-0.49	-0.39	-0.49	-0.61	-0.33	0.42	-0.34	-0.44	-0.21	0.19	-0.25	-0.43	0.25	-0.11	-0.05	-0.04
Total Assets	-0.38		0.86	0.8	0.73	0.98	1.0	-0.88	0.82	0.86	0.97	1.0	0.97	0.93	0.98	-0.93	0.91	0.99	0.89	-0.67	0.63	1.0	0.02	0.86	0.83	0.87
Short Long Term Debt Total	-0.28	0.86		0.7	0.97	0.79	0.85	-0.94	1.0	0.98	0.82	0.85	0.82	0.76	0.82	-0.93	0.99	0.81	0.98	-0.93	0.91	0.89	-0.3	0.96	0.84	0.95
Other Current Liab	0.04	0.8	0.7		0.52	0.75	0.78	-0.89	0.66	0.82	0.81	0.79	0.81	0.53	0.88	-0.7	0.75	0.81	0.82	-0.42	0.36	0.77	0.46	0.86	0.97	0.75
Total Current Liabilities	-0.22	0.73	0.97	0.52		0.64	0.72	-0.85	0.98	0.92	0.67	0.72	0.67	0.67	0.66	-0.85	0.92	0.65	0.91	-0.99	0.98	0.77	-0.51	0.89	0.7	0.91
Total Stockholder Equity	-0.52	0.98	0.79	0.75	0.64		0.99	-0.8	0.74	0.78	0.98	0.99	0.98	0.95	0.97	-0.9	0.87	1.0	0.83	-0.57	0.54	0.98	0.07	0.79	0.78	0.76
Property Plant And Equipment Net	-0.41	1.0	0.85	0.78	0.72	0.99		-0.86	0.81	0.84	0.97	1.0	0.97	0.94	0.98	-0.93	0.91	0.99	0.88	-0.66	0.62	1.0	0.01	0.85	0.82	0.85
Current Deferred Revenue	0.09	-0.88	-0.94	-0.89	-0.85	-0.8	-0.86		-0.93	-0.99	-0.86	-0.87	-0.86	-0.68	-0.89	0.89	-0.95	-0.85	-0.99	0.78	-0.74	-0.89	-0.02	-1.0	-0.97	-0.94
Net Debt	-0.24	0.82	1.0	0.66	0.98	0.74	0.81	-0.93		0.97	0.78	0.81	0.78	0.72	0.78	-0.9	0.98	0.76	0.97	-0.95	0.93	0.85	-0.35	0.95	0.81	0.95
Accounts Payable	-0.14	0.86	0.98	0.82	0.92	0.78	0.84	-0.99	0.97		0.83	0.85	0.83	0.69	0.85	-0.9	0.97	0.82	1.0	-0.86	0.83	0.88	-0.13	1.0	0.93	0.95
Cash	-0.49	0.97	0.82	0.81	0.67	0.98	0.97	-0.86	0.78	0.83		0.97	1.0	0.9	0.98	-0.93	0.9	0.99	0.87	-0.59	0.56	0.97	0.12	0.84	0.85	0.77
Non Current Assets Total	-0.39	1.0	0.85	0.79	0.72	0.99	1.0	-0.87	0.81	0.85	0.97		0.97	0.94	0.98	-0.93	0.91	0.99	0.88	-0.66	0.62	1.0	0.02	0.86	0.83	0.86
Cash And Short Term Investments	-0.49	0.97	0.82	0.81	0.67	0.98	0.97	-0.86	0.78	0.83	1.0	0.97		0.9	0.98	-0.93	0.9	0.99	0.87	-0.59	0.56	0.97	0.12	0.84	0.85	0.77
Net Receivables	-0.61	0.93	0.76	0.53	0.67	0.95	0.94	-0.68	0.72	0.69	0.9	0.94	0.9		0.87	-0.88	0.82	0.93	0.74	-0.63	0.62	0.94	-0.18	0.68	0.59	0.73
Non Current Liabilities Total	-0.33	0.98	0.82	0.88	0.66	0.97	0.98	-0.89	0.78	0.85	0.98	0.98	0.98	0.87		-0.89	0.89	0.99	0.89	-0.58	0.53	0.97	0.19	0.87	0.89	0.83
Capital Lease Obligations	0.42	-0.93	-0.93	-0.7	-0.85	-0.9	-0.93	0.89	-0.9	-0.9	-0.93	-0.93	-0.93	-0.88	-0.89		-0.96	-0.91	-0.93	0.8	-0.78	-0.95	0.18	-0.89	-0.8	-0.88
Total Liab	-0.34	0.91	0.99	0.75	0.92	0.87	0.91	-0.95	0.98	0.97	0.9	0.91	0.9	0.82	0.89	-0.96		0.88	0.99	-0.88	0.85	0.94	-0.2	0.96	0.87	0.93
Net Invested Capital	-0.44	0.99	0.81	0.81	0.65	1.0	0.99	-0.85	0.76	0.82	0.99	0.99	0.99	0.93	0.99	-0.91	0.88		0.86	-0.58	0.54	0.98	0.12	0.83	0.83	0.8
Total Current Assets	-0.21	0.89	0.98	0.82	0.91	0.83	0.88	-0.99	0.97	1.0	0.87	0.88	0.87	0.74	0.89	-0.93	0.99	0.86		-0.85	0.82	0.91	-0.12	0.99	0.93	0.95
Net Working Capital	0.19	-0.67	-0.93	-0.42	-0.99	-0.57	-0.66	0.78	-0.95	-0.86	-0.59	-0.66	-0.59	-0.63	-0.58	0.8	-0.88	-0.58	-0.85		-1.0	-0.71	0.61	-0.83	-0.61	-0.89
Short Term Debt	-0.25	0.63	0.91	0.36	0.98	0.54	0.62	-0.74	0.93	0.83	0.56	0.62	0.56	0.62	0.53	-0.78	0.85	0.54	0.82	-1.0		0.68	-0.66	0.79	0.56	0.84
Property Plant And Equipment Gross	-0.43	1.0	0.89	0.77	0.77	0.98	1.0	-0.89	0.85	0.88	0.97	1.0	0.97	0.94	0.97	-0.95	0.94	0.98	0.91	-0.71	0.68		-0.04	0.88	0.83	0.87
Retained Earnings	0.25	0.02	-0.3	0.46	-0.51	0.07	0.01	-0.02	-0.35	-0.13	0.12	0.02	0.12	-0.18	0.19	0.18	-0.2	0.12	-0.12	0.61	-0.66	-0.04		-0.06	0.25	-0.22
Non Currrent Assets Other	-0.11	0.86	0.96	0.86	0.89	0.79	0.85	-1.0	0.95	1.0	0.84	0.86	0.84	0.68	0.87	-0.89	0.96	0.83	0.99	-0.83	0.79	0.88	-0.06		0.95	0.95
Long Term Debt	-0.05	0.83	0.84	0.97	0.7	0.78	0.82	-0.97	0.81	0.93	0.85	0.83	0.85	0.59	0.89	-0.8	0.87	0.83	0.93	-0.61	0.56	0.83	0.25	0.95		0.84
Inventory	-0.04	0.87	0.95	0.75	0.91	0.76	0.85	-0.94	0.95	0.95	0.77	0.86	0.77	0.73	0.83	-0.88	0.93	0.8	0.95	-0.89	0.84	0.87	-0.22	0.95	0.84

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Tidewater Renewables Account Relationship Matchups

Pair Trading with Tidewater Renewables

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tidewater Renewables position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tidewater Renewables will appreciate offsetting losses from the drop in the long position's value.

Moving against Tidewater Stock

0.92	FFH	Fairfax Financial	Pair Corr
0.87	FFH-PM	Fairfax Financial	Pair Corr
0.87	FFH-PD	Fairfax Financial	Pair Corr
0.85	GS	GOLDMAN SACHS CDR	Pair Corr
0.78	FFH-PF	Fairfax Financial	Pair Corr

The ability to find closely correlated positions to Tidewater Renewables could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tidewater Renewables when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tidewater Renewables - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tidewater Renewables to buy it.

The correlation of Tidewater Renewables is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tidewater Renewables moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tidewater Renewables moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Tidewater Renewables can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Tidewater Stock

Balance Sheet is a snapshot of the financial position of Tidewater Renewables at a specified time, usually calculated after every quarter, six months, or one year. Tidewater Renewables Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tidewater Renewables and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Tidewater currently owns. An asset can also be divided into two categories, current and non-current.

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Tidewater Free Cash Flow Yield vs Pb Ratio Analysis

Free Cash Flow Yield vs Pb Ratio

Free Cash Flow Yield vs Pb Ratio Correlation Analysis

Correlation Coefficient

Free Cash Flow Yield

Pb Ratio

Tidewater Renewables fundamental ratios Correlations

Tidewater Renewables Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Pair Trading with Tidewater Renewables

Moving against Tidewater Stock

Other Information on Investing in Tidewater Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Property Plant And Equipment Gross	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Net Invested Capital	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net

Short Term Debt	- 1.0	Net Working Capital
Non Currrent Assets Other	- 1.0	Current Deferred Revenue
Total Current Assets	- 0.99	Current Deferred Revenue
Accounts Payable	- 0.99	Current Deferred Revenue
Net Working Capital	- 0.99	Total Current Liabilities
Long Term Debt	- 0.97	Current Deferred Revenue