Tidewater Accumulated Depreciation vs Net Receivables Analysis

TDW Stock  USD 49.33  2.17  4.60%   
Tidewater financial indicator trend analysis is much more than just breaking down Tidewater prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tidewater is a good investment. Please check the relationship between Tidewater Accumulated Depreciation and its Net Receivables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tidewater. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Tidewater Stock please use our How to Invest in Tidewater guide.

Accumulated Depreciation vs Net Receivables

Accumulated Depreciation vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tidewater Accumulated Depreciation account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Tidewater's Accumulated Depreciation and Net Receivables is 0.55. Overlapping area represents the amount of variation of Accumulated Depreciation that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Tidewater, assuming nothing else is changed. The correlation between historical values of Tidewater's Accumulated Depreciation and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accumulated Depreciation of Tidewater are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Accumulated Depreciation i.e., Tidewater's Accumulated Depreciation and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.55
Relationship DirectionPositive 
Relationship StrengthWeak

Accumulated Depreciation

Accumulated depreciation is the total amount of depreciation for Tidewater fixed asset that has been charged to Tidewater expense since that asset was acquired and made available for Tidewater use. The accumulated depreciation account is Tidewater asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Tidewater.

Net Receivables

Most indicators from Tidewater's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tidewater 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Tidewater. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Tidewater Stock please use our How to Invest in Tidewater guide.At this time, Tidewater's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 35.9 M in 2024, whereas Enterprise Value Multiple is likely to drop 10.80 in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses68.2M99.9M94.2M89.5M
Cost Of Revenue378.6M518.6M741.2M589.2M

Tidewater fundamental ratios Correlations

0.940.670.570.950.990.960.910.250.99-0.20.240.880.73-0.430.660.730.05-0.750.960.990.750.510.730.90.55
0.940.70.790.790.920.960.80.480.89-0.210.480.820.68-0.410.420.530.07-0.710.990.910.870.740.680.910.36
0.670.70.540.530.690.770.570.160.65-0.110.160.720.54-0.270.370.290.19-0.520.740.70.570.450.540.750.3
0.570.790.540.320.520.630.410.810.47-0.180.80.410.42-0.28-0.220.00.19-0.440.740.510.830.990.420.67-0.04
0.950.790.530.320.960.850.910.030.98-0.170.030.830.7-0.40.80.840.01-0.720.830.950.570.280.70.790.65
0.990.920.690.520.960.960.920.161.0-0.20.160.890.75-0.440.70.750.03-0.770.940.990.690.460.750.910.56
0.960.960.770.630.850.960.860.230.94-0.180.230.90.73-0.430.60.640.04-0.740.980.960.740.560.730.930.46
0.910.80.570.410.910.920.860.090.93-0.460.090.790.9-0.710.690.84-0.03-0.930.840.90.580.380.90.810.69
0.250.480.160.810.030.160.230.090.12-0.191.00.090.07-0.12-0.43-0.240.18-0.140.420.160.760.830.070.28-0.23
0.990.890.650.470.981.00.940.930.12-0.170.120.860.75-0.420.730.790.0-0.760.920.990.650.420.750.880.6
-0.2-0.21-0.11-0.18-0.17-0.2-0.18-0.46-0.19-0.17-0.19-0.25-0.510.86-0.08-0.23-0.010.63-0.21-0.14-0.3-0.19-0.51-0.3-0.22
0.240.480.160.80.030.160.230.091.00.12-0.190.090.06-0.12-0.43-0.250.18-0.140.420.150.760.830.060.28-0.23
0.880.820.720.410.830.890.90.790.090.86-0.250.090.58-0.390.720.620.18-0.640.860.880.710.30.580.860.48
0.730.680.540.420.70.750.730.90.070.75-0.510.060.58-0.840.470.74-0.2-0.970.70.730.420.421.00.750.75
-0.43-0.41-0.27-0.28-0.4-0.44-0.43-0.71-0.12-0.420.86-0.12-0.39-0.84-0.26-0.530.140.89-0.43-0.39-0.34-0.29-0.84-0.51-0.56
0.660.420.37-0.220.80.70.60.69-0.430.73-0.08-0.430.720.47-0.260.83-0.14-0.490.490.70.17-0.290.470.480.65
0.730.530.290.00.840.750.640.84-0.240.79-0.23-0.250.620.74-0.530.83-0.22-0.720.570.760.24-0.020.740.540.87
0.050.070.190.190.010.030.04-0.030.180.0-0.010.180.18-0.20.14-0.14-0.220.10.080.030.260.15-0.20.03-0.25
-0.75-0.71-0.52-0.44-0.72-0.77-0.74-0.93-0.14-0.760.63-0.14-0.64-0.970.89-0.49-0.720.1-0.73-0.73-0.51-0.44-0.97-0.75-0.66
0.960.990.740.740.830.940.980.840.420.92-0.210.420.860.7-0.430.490.570.08-0.730.940.860.680.70.930.41
0.990.910.70.510.950.990.960.90.160.99-0.140.150.880.73-0.390.70.760.03-0.730.940.680.450.730.880.57
0.750.870.570.830.570.690.740.580.760.65-0.30.760.710.42-0.340.170.240.26-0.510.860.680.780.420.760.15
0.510.740.450.990.280.460.560.380.830.42-0.190.830.30.42-0.29-0.29-0.020.15-0.440.680.450.780.420.6-0.05
0.730.680.540.420.70.750.730.90.070.75-0.510.060.581.0-0.840.470.74-0.2-0.970.70.730.420.420.750.75
0.90.910.750.670.790.910.930.810.280.88-0.30.280.860.75-0.510.480.540.03-0.750.930.880.760.60.750.41
0.550.360.3-0.040.650.560.460.69-0.230.6-0.22-0.230.480.75-0.560.650.87-0.25-0.660.410.570.15-0.050.750.41
Click cells to compare fundamentals

Tidewater Account Relationship Matchups

Tidewater fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6B1.3B1.1B1.3B2.1B2.6B
Short Long Term Debt Total288.9M192.7M169.3M171.1M734.4M613.2M
Other Current Liab5.4M114.5M135.1M153.1M136.3M71.7M
Total Current Liabilities185.7M183.2M157.9M194.8M328.7M348.4M
Total Stockholder Equity1.0B822.1M701.3M866.0M1.0B1.6B
Property Plant And Equipment Net939.0M780.3M688.0M796.7M1.3B1.7B
Net Debt70.6M42.8M18.8M4.8M460.0M317.8M
Retained Earnings(352.5M)(548.9M)(677.9M)(699.6M)(637.8M)(605.9M)
Cash218.3M149.9M149.0M164.2M274.4M208.9M
Non Current Assets Total1.0B862.5M753.1M919.7M1.5B2.0B
Non Currrent Assets Other98.3M82.2M65.1M123.1M149.3M156.8M
Cash And Short Term Investments218.3M149.9M149.0M164.2M274.4M209.2M
Net Receivables236.2M174.7M156.6M156.5M268.4M301.3M
Common Stock Total Equity22K37K40K41K36.9K35.1K
Common Stock Shares Outstanding38.2M40.4M41.0M44.1M52.9M55.6M
Liabilities And Stockholders Equity1.6B1.3B1.1B1.3B2.1B2.6B
Non Current Liabilities Total377.4M244.7M236.1M236.9M696.3M616.7M
Inventory21.9M15.9M12.6M30.8M31.9M28.9M
Other Current Assets16.0M48.2M8.7M21.0M16.4M12.4M
Other Stockholder Equity1.4B1.4B1.4B1.6B1.7B1.8B
Total Liab563.1M427.9M394.0M431.7M1.0B965.1M
Property Plant And Equipment Gross939.0M780.3M688.0M1.1B1.7B1.7B
Total Current Assets537.3M388.6M342.7M377.9M591.1M566.4M
Accumulated Other Comprehensive Income(236K)(804K)2.7M8.6M5.3M5.5M
Short Term Debt9.9M27.8M1.4M2.1M103.1M97.9M
Common Stock37K40K41K51K52K49.4K
Other Liab94.1M79.8M64.9M62.3M71.7M134.4M
Accounts Payable27.5M17.0M20.8M38.9M44.9M45.4M
Other Assets98.9M862.5M61.6M116.0M1.00.95
Property Plant Equipment943.3M780.3M688.0M803.7M924.3M878.0M
Current Deferred Revenue109.9M142.8M129.5M600K5M4.8M
Long Term Debt279.0M164.9M167.9M169.0M631.4M496.1M
Net Tangible Assets1.0B822.1M701.3M866.0M779.4M1.3B
Long Term Debt Total279.0M164.9M167.9M169.0M152.1M144.5M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Tidewater Stock Analysis

When running Tidewater's price analysis, check to measure Tidewater'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 Tidewater is operating at the current time. Most of Tidewater's value examination focuses on studying past and present price action to predict the probability of Tidewater's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tidewater's price. Additionally, you may evaluate how the addition of Tidewater to your portfolios can decrease your overall portfolio volatility.