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 Reconciled Depreciation 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.
Reconciled Depreciation vs Selling General Administrative
Reconciled Depreciation vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tidewater Reconciled Depreciation account and
Selling General Administrative. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Tidewater's Reconciled Depreciation and Selling General Administrative is -0.52. Overlapping area represents the amount of variation of Reconciled Depreciation 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 Reconciled Depreciation 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 Reconciled Depreciation 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 Reconciled Depreciation i.e., Tidewater's Reconciled Depreciation and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | -0.52 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Reconciled Depreciation
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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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.