Tidewater Accumulated Depreciation vs Net Tangible Assets Analysis

TDW Stock  USD 45.62  2.98  6.13%   
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 Tangible Assets 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 Tangible Assets

Accumulated Depreciation vs Net Tangible Assets 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 Tangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Tidewater's Accumulated Depreciation and Net Tangible Assets is 0.49. Overlapping area represents the amount of variation of Accumulated Depreciation that can explain the historical movement of Net Tangible Assets 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 Tangible 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 Accumulated Depreciation of Tidewater are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Accumulated Depreciation i.e., Tidewater's Accumulated Depreciation and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.49
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 Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
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 52.7 M in 2025, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2025.
 2022 2023 2024 2025 (projected)
Total Operating Expenses99.9M94.2M110.8M212.9M
Cost Of Revenue518.6M741.2M939.4M603.1M

Tidewater fundamental ratios Correlations

0.940.650.570.950.990.960.910.240.99-0.210.230.880.73-0.440.660.72-0.09-0.750.960.990.740.520.730.90.47
0.940.670.790.790.910.960.80.470.89-0.210.470.820.67-0.410.420.53-0.1-0.690.990.910.860.740.670.90.31
0.650.670.520.520.650.730.470.150.630.090.150.710.44-0.10.360.260.16-0.370.710.680.550.410.440.710.32
0.570.790.520.330.520.630.410.80.48-0.180.790.410.43-0.28-0.220.0-0.08-0.440.740.520.830.990.430.67-0.06
0.950.790.520.330.960.860.920.020.98-0.190.020.820.71-0.420.790.83-0.07-0.720.830.950.560.280.710.790.56
0.990.910.650.520.960.960.930.151.0-0.230.140.880.76-0.460.70.75-0.13-0.770.940.990.680.470.760.90.47
0.960.960.730.630.860.960.850.220.94-0.20.220.90.73-0.430.60.64-0.14-0.730.980.960.740.560.730.920.4
0.910.80.470.410.920.930.850.070.93-0.490.070.770.9-0.720.680.82-0.33-0.930.830.890.560.390.90.830.55
0.240.470.150.80.020.150.220.070.11-0.111.00.080.05-0.08-0.44-0.250.02-0.110.410.150.760.820.050.26-0.19
0.990.890.630.480.981.00.940.930.11-0.20.10.860.76-0.440.730.78-0.1-0.760.920.990.640.430.760.870.51
-0.21-0.210.09-0.18-0.19-0.23-0.2-0.49-0.11-0.2-0.12-0.2-0.540.87-0.08-0.190.770.67-0.21-0.13-0.22-0.21-0.53-0.340.03
0.230.470.150.790.020.140.220.071.00.1-0.120.080.04-0.08-0.43-0.250.02-0.110.410.150.760.820.040.25-0.19
0.880.820.710.410.820.880.90.770.080.86-0.20.080.57-0.370.720.62-0.04-0.610.860.880.710.30.570.840.44
0.730.670.440.430.710.760.730.90.050.76-0.540.040.57-0.840.460.73-0.35-0.970.70.720.40.431.00.760.6
-0.44-0.41-0.1-0.28-0.42-0.46-0.43-0.72-0.08-0.440.87-0.08-0.37-0.84-0.25-0.50.590.9-0.42-0.38-0.3-0.31-0.84-0.56-0.36
0.660.420.36-0.220.790.70.60.68-0.440.73-0.08-0.430.720.46-0.250.83-0.05-0.470.490.70.17-0.290.460.470.6
0.720.530.260.00.830.750.640.82-0.250.78-0.19-0.250.620.73-0.50.83-0.11-0.690.570.760.24-0.020.730.520.81
-0.09-0.10.16-0.08-0.07-0.13-0.14-0.330.02-0.10.770.02-0.04-0.350.59-0.05-0.110.47-0.11-0.06-0.02-0.12-0.35-0.120.22
-0.75-0.69-0.37-0.44-0.72-0.77-0.73-0.93-0.11-0.760.67-0.11-0.61-0.970.9-0.47-0.690.47-0.72-0.71-0.48-0.45-0.97-0.77-0.48
0.960.990.710.740.830.940.980.830.410.92-0.210.410.860.7-0.420.490.57-0.11-0.720.940.850.690.70.920.36
0.990.910.680.520.950.990.960.890.150.99-0.130.150.880.72-0.380.70.76-0.06-0.710.940.680.460.720.860.52
0.740.860.550.830.560.680.740.560.760.64-0.220.760.710.4-0.30.170.24-0.02-0.480.850.680.770.40.730.15
0.520.740.410.990.280.470.560.390.820.43-0.210.820.30.43-0.31-0.29-0.02-0.12-0.450.690.460.770.430.6-0.08
0.730.670.440.430.710.760.730.90.050.76-0.530.040.571.0-0.840.460.73-0.35-0.970.70.720.40.430.760.6
0.90.90.710.670.790.90.920.830.260.87-0.340.250.840.76-0.560.470.52-0.12-0.770.920.860.730.60.760.29
0.470.310.32-0.060.560.470.40.55-0.190.510.03-0.190.440.6-0.360.60.810.22-0.480.360.520.15-0.080.60.29
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Tidewater Account Relationship Matchups

Tidewater fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.3B1.1B1.3B2.1B2.1B2.6B
Short Long Term Debt Total192.7M169.3M171.1M734.4M637.1M616.4M
Other Current Liab114.5M135.1M153.1M136.3M194.8M204.6M
Total Current Liabilities183.2M157.9M194.8M328.7M331.6M349.0M
Total Stockholder Equity822.1M701.3M866.0M1.0B1.1B1.6B
Property Plant And Equipment Net780.3M688.0M796.7M1.3B1.2B1.7B
Net Debt42.8M18.8M4.8M460.0M312.2M318.6M
Retained Earnings(548.9M)(677.9M)(699.6M)(637.8M)(548.8M)(521.4M)
Cash149.9M149.0M164.2M274.4M324.9M213.5M
Non Current Assets Total862.5M753.1M919.7M1.5B1.4B2.0B
Non Currrent Assets Other82.2M65.1M123.1M149.3M192.0M201.6M
Cash And Short Term Investments149.9M149.0M164.2M274.4M324.9M213.8M
Net Receivables174.7M156.6M156.5M268.4M323.8M303.0M
Common Stock Shares Outstanding40.4M41.0M44.1M52.9M52.5M55.1M
Liabilities And Stockholders Equity1.3B1.1B1.3B2.1B2.1B2.6B
Non Current Liabilities Total244.7M236.1M236.9M696.3M632.1M619.1M
Inventory15.9M12.6M30.8M31.9M34.3M28.9M
Other Current Assets48.2M8.7M21.0M16.4M373.7M392.4M
Other Stockholder Equity1.4B1.4B1.6B1.7B1.7B1.7B
Total Liab427.9M394.0M431.7M1.0B963.7M968.1M
Property Plant And Equipment Gross780.3M688.0M1.1B1.7B1.8B1.7B
Total Current Assets388.6M342.7M377.9M591.1M698.7M572.7M
Accumulated Other Comprehensive Income(804K)2.7M8.6M5.3M6.1M6.4M
Short Term Debt27.8M1.4M2.1M103.1M65.4M62.1M
Other Liab94.1M79.8M64.9M62.3M71.7M134.4M
Accounts Payable17.0M20.8M38.9M44.9M71.4M45.9M
Other Assets862.5M61.6M116.0M1.01.151.09
Property Plant Equipment943.3M780.3M688.0M803.7M924.3M878.0M
Current Deferred Revenue142.8M129.5M600K5M4.5M4.3M
Long Term Debt164.9M167.9M169.0M631.4M571.7M501.6M
Net Tangible Assets1.0B822.1M701.3M866.0M779.4M1.3B
Long Term Debt Total279.0M164.9M167.9M169.0M152.1M144.5M

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