TDW Stock | | | USD 48.01 0.28 0.58% |
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 Interest Income and its Non Recurring 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.
Interest Income vs Non Recurring
Interest Income vs Non Recurring Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tidewater Interest Income account and
Non Recurring. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Tidewater's Interest Income and Non Recurring is -0.15. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Non Recurring in the same time period over historical financial statements of Tidewater, assuming nothing else is changed. The correlation between historical values of Tidewater's Interest Income and Non Recurring is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Tidewater are associated (or correlated) with its Non Recurring. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Recurring has no effect on the direction of Interest Income i.e., Tidewater's Interest Income and Non Recurring go up and down completely randomly.
Correlation Coefficient | -0.15 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Non Recurring
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.
Tidewater fundamental ratios Correlations
Click cells to compare fundamentals
Tidewater Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tidewater fundamental ratios Accounts
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Additional Tools for Tidewater Stock Analysis
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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.