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 Total Operating Expenses and its Total Revenue 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.
Total Operating Expenses vs Total Revenue
Total Operating Expenses vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tidewater Total Operating Expenses account and
Total Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Tidewater's Total Operating Expenses and Total Revenue is -0.16. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Tidewater, assuming nothing else is changed. The correlation between historical values of Tidewater's Total Operating Expenses and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of Tidewater are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Total Operating Expenses i.e., Tidewater's Total Operating Expenses and Total Revenue go up and down completely randomly.
Correlation Coefficient | -0.16 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Total Revenue
Total revenue comprises all receipts Tidewater generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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 Expenses | 68.2M | 99.9M | 94.2M | 89.5M | Cost Of Revenue | 378.6M | 518.6M | 741.2M | 589.2M |
Tidewater fundamental ratios Correlations
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Tidewater Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tidewater fundamental ratios Accounts
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