TDW Stock | | | USD 48.29 1.04 2.11% |
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 Non Operating Income Net Other and its Selling General Administrative 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.
Non Operating Income Net Other vs Selling General Administrative
Non Operating Income Net Other vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tidewater Non Operating Income Net Other account and
Selling General Administrative. At this time, the significance of the direction appears to have strong relationship.
The correlation between Tidewater's Non Operating Income Net Other and Selling General Administrative is 0.6. Overlapping area represents the amount of variation of Non Operating Income Net Other that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Tidewater, assuming nothing else is changed. The correlation between historical values of Tidewater's Non Operating Income Net Other and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Operating Income Net Other of Tidewater are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Non Operating Income Net Other i.e., Tidewater's Non Operating Income Net Other and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.6 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Non Operating Income Net Other
Selling General Administrative
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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