Onewater Income Quality vs Dividend Yield Analysis

ONEW Stock  USD 21.99  0.20  0.90%   
Onewater Marine financial indicator trend analysis is much more than just breaking down Onewater Marine prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Onewater Marine is a good investment. Please check the relationship between Onewater Marine Income Quality and its Dividend Yield accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Onewater Marine. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Onewater Stock please use our How to Invest in Onewater Marine guide.

Income Quality vs Dividend Yield

Income Quality vs Dividend Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Onewater Marine Income Quality account and Dividend Yield. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Onewater Marine's Income Quality and Dividend Yield is -0.32. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Onewater Marine, assuming nothing else is changed. The correlation between historical values of Onewater Marine's Income Quality and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of Onewater Marine are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Income Quality i.e., Onewater Marine's Income Quality and Dividend Yield go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Dividend Yield

Dividend Yield is Onewater Marine dividend as a percentage of Onewater Marine stock price. Onewater Marine dividend yield is a measure of Onewater Marine stock productivity, which can be interpreted as interest rate earned on an Onewater Marine investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
Most indicators from Onewater Marine's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Onewater Marine 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 Equity Center to better understand how to build diversified portfolios, which includes a position in Onewater Marine. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Onewater Stock please use our How to Invest in Onewater Marine guide.Selling General Administrative is likely to drop to about 191.8 M in 2024. Tax Provision is likely to climb to about (2.9 M) in 2024
 2021 2022 2023 2024 (projected)
Gross Profit553.7M535.1M615.4M326.4M
Total Revenue1.7B1.9B2.2B1.2B

Onewater Marine fundamental ratios Correlations

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0.690.650.650.660.720.8-0.520.690.80.640.790.740.690.540.740.650.740.620.75-0.770.780.640.620.730.78
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Click cells to compare fundamentals

Onewater Marine Account Relationship Matchups

Onewater Marine fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets458.1M720.6M1.5B1.7B1.9B2.0B
Short Long Term Debt Total213.4M318.8M837.4M1.1B1.2B1.3B
Other Current Liab21.1M33.2M53.1M104.2M119.9M125.9M
Total Current Liabilities185.7M227.6M452.1M669.0M769.3M807.8M
Total Stockholder Equity122.9M225.9M385.3M358.6M412.4M433.0M
Other Liab52.5M17.1M54.6M67.2M77.2M48.8M
Net Tangible Assets(142.6M)(51.5M)(27.9M)(299.7M)(269.8M)(256.3M)
Property Plant And Equipment Net18.4M156.3M233.7M217.2M249.8M262.3M
Current Deferred Revenue17.3M46.6M65.5M51.6M59.4M30.4M
Net Debt147.3M256.2M795.3M1.0B1.2B1.2B
Accounts Payable12.8M18.1M27.3M27.1M31.2M16.2M
Cash66.1M62.6M42.1M84.6M97.3M102.2M
Non Current Assets Total206.0M439.7M930.5M807.3M928.3M974.8M
Non Currrent Assets Other350K526K2.6M5.7M6.6M6.9M
Other Assets345K13.2M29.6M11.8M13.6M10.2M
Long Term Debt82.0M103.1M421.2M428.4M492.7M517.3M
Cash And Short Term Investments66.1M62.6M42.1M84.6M97.3M102.2M
Net Receivables18.5M30.8M61.7M117.6M135.2M142.0M
Common Stock Total Equity31.8M150K151K156K140.4K133.4K
Common Stock Shares Outstanding6.3M11.4M14.3M14.3M16.5M9.9M
Liabilities And Stockholders Equity458.1M720.6M1.5B1.7B1.9B2.0B
Non Current Liabilities Total99.0M238.2M600.5M606.1M697.0M731.9M
Inventory150.1M143.9M373.0M609.6M701.1M736.1M
Other Current Assets17.4M45.9M93.9M70.1M80.6M84.6M
Other Stockholder Equity105.9M150.8M180.3M193.0M222.0M233.1M
Total Liab284.8M465.8M1.1B1.3B1.5B1.5B
Net Invested Capital336.3M454.6M1.1B1.3B1.5B1.6B
Property Plant And Equipment Gross18.4M156.3M233.7M217.2M249.8M262.3M
Short Long Term Debt131.5M125.6M288.8M518.3M596.1M625.9M
Total Current Assets252.1M280.9M566.9M881.9M1.0B1.1B
Accumulated Other Comprehensive Income(5.3M)0.0(7K)1K1.2K1.2K
Non Current Liabilities Other17.1M54.6M67.2M54.4M62.5M65.7M
Net Working Capital66.3M53.3M114.8M212.9M244.9M257.1M
Short Term Debt131.5M135.2M301.7M532.9M612.9M643.5M
Common Stock150K151K156K158K142.2K135.1K
Property Plant Equipment16.0M18.4M156.3M233.7M268.7M282.2M
Capital Stock150K151K156K158K142.2K135.1K

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