Current Non Current Assets Total vs Total Stockholder Equity Analysis

WATR Stock  CAD 0.03  0.01  25.00%   
Current Water financial indicator trend analysis is way more than just evaluating Current Water Techno prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Current Water Techno is a good investment. Please check the relationship between Current Water Non Current Assets Total and its Total Stockholder Equity accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Current Water Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Non Current Assets Total vs Total Stockholder Equity

Non Current Assets Total vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Current Water Techno Non Current Assets Total account and Total Stockholder Equity. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Current Water's Non Current Assets Total and Total Stockholder Equity is -0.05. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Current Water Technologies, assuming nothing else is changed. The correlation between historical values of Current Water's Non Current Assets Total and Total Stockholder Equity 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 Current Assets Total of Current Water Technologies are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Non Current Assets Total i.e., Current Water's Non Current Assets Total and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.05
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Current Water's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Current Water Techno 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Current Water Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Current Water's Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 12.50 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.30 in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue1.2M2.2M2.0M2.1M
Depreciation And Amortization158.5K164.3K188.9K103.3K

Current Water fundamental ratios Correlations

0.55-0.270.450.20.68-0.11-0.450.430.350.58-0.140.370.540.550.630.25-0.370.540.85-0.30.340.230.22-0.260.57
0.55-0.440.42-0.160.510.46-0.370.2-0.010.43-0.030.010.060.340.45-0.2-0.450.460.33-0.240.530.220.22-0.280.43
-0.27-0.44-0.03-0.09-0.39-0.190.060.12-0.02-0.41-0.160.01-0.19-0.28-0.430.430.1-0.18-0.13-0.15-0.140.23-0.130.17-0.13
0.450.42-0.03-0.720.610.57-0.770.89-0.370.40.22-0.420.60.870.540.7-0.50.960.44-0.180.820.040.66-0.850.84
0.2-0.16-0.09-0.72-0.19-0.830.49-0.570.75-0.05-0.320.83-0.21-0.5-0.18-0.510.24-0.640.260.02-0.660.05-0.550.68-0.58
0.680.51-0.390.61-0.190.36-0.50.65-0.220.94-0.02-0.230.830.70.960.31-0.30.80.43-0.170.320.040.25-0.350.58
-0.110.46-0.190.57-0.830.36-0.290.44-0.860.30.37-0.850.240.350.370.2-0.410.58-0.330.110.6-0.160.49-0.510.39
-0.45-0.370.06-0.770.49-0.5-0.29-0.620.08-0.180.380.15-0.42-0.89-0.41-0.49-0.03-0.74-0.540.72-0.77-0.6-0.110.71-0.91
0.430.20.120.89-0.570.650.44-0.62-0.420.50.17-0.410.710.760.570.86-0.480.870.39-0.130.57-0.040.52-0.640.68
0.35-0.01-0.02-0.370.75-0.22-0.860.08-0.42-0.23-0.350.96-0.29-0.17-0.25-0.320.23-0.380.55-0.2-0.30.26-0.330.32-0.16
0.580.43-0.410.4-0.050.940.3-0.180.5-0.230.14-0.220.770.450.930.17-0.340.620.250.090.05-0.190.25-0.120.32
-0.14-0.03-0.160.22-0.32-0.020.370.380.17-0.350.14-0.380.15-0.050.040.1-0.630.19-0.220.880.06-0.890.84-0.3-0.15
0.370.010.01-0.420.83-0.23-0.850.15-0.410.96-0.22-0.38-0.31-0.24-0.25-0.340.12-0.430.55-0.2-0.350.26-0.390.41-0.26
0.540.06-0.190.6-0.210.830.24-0.420.71-0.290.770.15-0.310.70.840.56-0.240.750.440.010.27-0.150.37-0.460.51
0.550.34-0.280.87-0.50.70.35-0.890.76-0.170.45-0.05-0.240.70.640.57-0.20.90.59-0.380.730.210.4-0.80.89
0.630.45-0.430.54-0.180.960.37-0.410.57-0.250.930.04-0.250.840.640.26-0.290.750.37-0.080.27-0.050.25-0.280.5
0.25-0.20.430.7-0.510.310.2-0.490.86-0.320.170.1-0.340.560.570.26-0.280.630.3-0.140.420.00.41-0.490.57
-0.37-0.450.1-0.50.24-0.3-0.41-0.03-0.480.23-0.34-0.630.12-0.24-0.2-0.29-0.28-0.46-0.25-0.45-0.370.49-0.760.3-0.13
0.540.46-0.180.96-0.640.80.58-0.740.87-0.380.620.19-0.430.750.90.750.63-0.460.44-0.160.730.010.61-0.760.84
0.850.33-0.130.440.260.43-0.33-0.540.390.550.25-0.220.550.440.590.370.3-0.250.44-0.360.40.280.16-0.370.51
-0.3-0.24-0.15-0.180.02-0.170.110.72-0.13-0.20.090.88-0.20.01-0.38-0.08-0.14-0.45-0.16-0.36-0.31-0.970.540.11-0.53
0.340.53-0.140.82-0.660.320.6-0.770.57-0.30.050.06-0.350.270.730.270.42-0.370.730.4-0.310.230.51-0.830.79
0.230.220.230.040.050.04-0.16-0.6-0.040.26-0.19-0.890.26-0.150.21-0.050.00.490.010.28-0.970.23-0.59-0.010.42
0.220.22-0.130.66-0.550.250.49-0.110.52-0.330.250.84-0.390.370.40.250.41-0.760.610.160.540.51-0.59-0.660.36
-0.26-0.280.17-0.850.68-0.35-0.510.71-0.640.32-0.12-0.30.41-0.46-0.8-0.28-0.490.3-0.76-0.370.11-0.83-0.01-0.66-0.75
0.570.43-0.130.84-0.580.580.39-0.910.68-0.160.32-0.15-0.260.510.890.50.57-0.130.840.51-0.530.790.420.36-0.75
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Current Water Account Relationship Matchups

Current Water fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1M1.3M1.5M902.8K2.1M1.2M
Short Long Term Debt Total518.8K503.5K369.6K233.1K268.0K177.7K
Other Current Liab7K11K1K5K4.5K4.3K
Total Current Liabilities1.1M1.0M1.1M1.2M1.3M1.3M
Total Stockholder Equity(353.1K)(64.2K)216.7K(465.0K)96.6K91.8K
Property Plant And Equipment Net610.9K458.5K393.5K229.8K999.2K1.0M
Net Debt446.5K371.0K(265.7K)114.4K6.9K7.2K
Retained Earnings(27.1M)(27.4M)(28.9M)(30.0M)(29.5M)(28.1M)
Accounts Payable429.5K340.9K198.6K582.5K669.8K703.3K
Cash72.3K132.5K635.3K118.7K113.1K107.5K
Non Current Assets Total613.5K461.0K395.7K234.2K1.0M1.1M
Cash And Short Term Investments72.3K132.5K635.3K118.7K106.8K101.5K
Net Receivables60.4K154.8K84.2K37.1K583.1K612.3K
Common Stock Shares Outstanding150.6M168.5M205.7M212.3M244.1M256.3M
Liabilities And Stockholders Equity1.1M1.3M1.5M902.8K812.5K1.2M
Non Current Liabilities Total383.7K370.1K233.1K120K732.3K768.9K
Other Current Assets301.02.2K1.3K54.1K62.2K43.2K
Other Stockholder Equity6.5M7.2M7.3M7.7M8.9M9.1M
Total Liab1.5M1.4M1.3M1.4M2.0M2.1M
Total Current Assets533.3K874.8K1.1M668.6K1.1M968.8K
Inventory397.6K585.3K384.0K458.8K324.6K240K
Intangible Assets2.6K2.4K2.3K4.4K3.8K3.6K
Net Tangible Assets(500.8K)(355.7K)(66.6K)214.4K246.6K258.9K
Property Plant Equipment153.1K610.9K458.5K393.5K452.5K307.6K
Net Invested Capital(324.2K)67.8K340.3K(345.0K)216.6K227.4K
Net Working Capital(582.9K)(155.0K)54.0K(579.2K)(174.2K)(182.9K)

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