Water Long Term Debt vs Short Term Debt Analysis

WWT Stock

CAD 0.01 0.01 50.00%

Water Ways financial indicator trend analysis is more than just analyzing Water Ways Technologies current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Water Ways Technologies is a good investment. Please check the relationship between Water Ways Long Term Debt and its Short Term Debt accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Water Ways 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 board of governors.

Long Term Debt vs Short Term Debt

Long Term Debt vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Water Ways Technologies Long Term Debt account and Short Term Debt. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Water Ways' Long Term Debt and Short Term Debt is 0.13. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Water Ways Technologies, assuming nothing else is changed. The correlation between historical values of Water Ways' Long Term Debt and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Water Ways Technologies are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Long Term Debt i.e., Water Ways' Long Term Debt and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.13

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Long Term Debt

Long-term debt is a debt that Water Ways Technologies has held for over one year. Long-term debt appears on Water Ways Technologies balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Water Ways Technologies balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Short Term Debt

Most indicators from Water Ways' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Water Ways Technologies 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 Water Ways 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 board of governors.

Selling General Administrative is likely to drop to about 1.3 M in 2024. Tax Provision is likely to climb to about (45.6 K) in 2024

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	194K	262K	265K	206.1K
Depreciation And Amortization	194K	262K	301.3K	184.8K

Reconciled Depreciation Depreciation And Amortization

Water Ways fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Total Liab	Total Current Assets	Retained Earnings	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Other Current Liab	Net Tangible Assets	Other Assets	Long Term Debt	Short Term Investments	Inventory	Short Long Term Debt	Short Term Debt	Property Plant Equipment	Net Invested Capital	Net Working Capital
Total Assets		0.92	0.26	0.29	0.75	0.79	0.95	0.74	0.95	0.94	0.99	-0.56	0.8	0.34	0.69	0.25	-0.43	0.64	0.2	0.8	0.84	0.72	0.71	0.8	0.71	0.75
Total Current Liabilities	0.92		0.07	0.56	0.73	0.6	0.91	0.74	0.89	0.95	0.91	-0.72	0.91	0.58	0.84	0.28	-0.52	0.76	0.11	0.9	0.87	0.87	0.85	0.87	0.69	0.47
Total Stockholder Equity	0.26	0.07		0.23	0.09	-0.08	0.17	-0.37	0.37	-0.06	0.28	0.52	0.06	-0.17	-0.23	-0.23	0.58	-0.01	-0.33	0.1	-0.03	0.08	0.07	-0.09	0.73	0.3
Net Debt	0.29	0.56	0.23		0.25	-0.28	0.35	0.06	0.34	0.3	0.3	-0.36	0.67	0.75	0.57	0.0	-0.1	0.46	-0.2	0.67	0.42	0.74	0.72	0.48	0.67	-0.31
Accounts Payable	0.75	0.73	0.09	0.25		0.55	0.73	0.54	0.74	0.74	0.74	-0.44	0.58	0.18	0.51	0.1	-0.36	0.55	0.05	0.63	0.56	0.53	0.53	0.57	0.48	0.51
Cash	0.79	0.6	-0.08	-0.28	0.55		0.7	0.86	0.66	0.8	0.78	-0.54	0.49	0.06	0.51	0.28	-0.54	0.35	0.48	0.41	0.68	0.3	0.29	0.6	0.21	0.9
Non Current Assets Total	0.95	0.91	0.17	0.35	0.73	0.7		0.7	0.87	0.93	0.91	-0.6	0.82	0.42	0.7	0.26	-0.57	0.62	0.28	0.73	0.84	0.73	0.71	0.73	0.67	0.63
Cash And Short Term Investments	0.74	0.74	-0.37	0.06	0.54	0.86	0.7		0.6	0.88	0.74	-0.87	0.73	0.45	0.83	0.32	-0.74	0.47	0.52	0.62	0.81	0.51	0.51	0.79	0.18	0.61
Net Receivables	0.95	0.89	0.37	0.34	0.74	0.66	0.87	0.6		0.86	0.96	-0.39	0.69	0.22	0.56	0.22	-0.2	0.65	-0.11	0.76	0.69	0.66	0.64	0.68	0.75	0.68
Total Liab	0.94	0.95	-0.06	0.3	0.74	0.8	0.93	0.88	0.86		0.93	-0.77	0.85	0.47	0.83	0.33	-0.64	0.67	0.29	0.8	0.89	0.74	0.73	0.86	0.52	0.64
Total Current Assets	0.99	0.91	0.28	0.3	0.74	0.78	0.91	0.74	0.96	0.93		-0.54	0.79	0.33	0.69	0.24	-0.37	0.62	0.15	0.81	0.83	0.7	0.69	0.8	0.72	0.76
Retained Earnings	-0.56	-0.72	0.52	-0.36	-0.44	-0.54	-0.6	-0.87	-0.39	-0.77	-0.54		-0.81	-0.75	-0.94	-0.33	0.87	-0.57	-0.55	-0.67	-0.82	-0.7	-0.69	-0.84	-0.17	-0.22
Common Stock Shares Outstanding	0.8	0.91	0.06	0.67	0.58	0.49	0.82	0.73	0.69	0.85	0.79	-0.81		0.81	0.95	0.22	-0.61	0.64	0.36	0.87	0.92	0.88	0.87	0.9	0.7	0.36
Other Current Assets	0.34	0.58	-0.17	0.75	0.18	0.06	0.42	0.45	0.22	0.47	0.33	-0.75	0.81		0.82	0.37	-0.53	0.35	0.39	0.62	0.73	0.73	0.71	0.69	0.42	-0.12
Other Stockholder Equity	0.69	0.84	-0.23	0.57	0.51	0.51	0.7	0.83	0.56	0.83	0.69	-0.94	0.95	0.82		0.23	-0.72	0.59	0.43	0.82	0.88	0.8	0.79	0.89	0.46	0.28
Other Current Liab	0.25	0.28	-0.23	0.0	0.1	0.28	0.26	0.32	0.22	0.33	0.24	-0.33	0.22	0.37	0.23		-0.22	0.1	0.2	0.09	0.49	0.24	0.23	0.33	0.01	0.2
Net Tangible Assets	-0.43	-0.52	0.58	-0.1	-0.36	-0.54	-0.57	-0.74	-0.2	-0.64	-0.37	0.87	-0.61	-0.53	-0.72	-0.22		-0.47	-0.74	-0.42	-0.68	-0.53	-0.52	-0.64	0.01	-0.22
Other Assets	0.64	0.76	-0.01	0.46	0.55	0.35	0.62	0.47	0.65	0.67	0.62	-0.57	0.64	0.35	0.59	0.1	-0.47		-0.05	0.71	0.59	0.86	0.85	0.74	0.52	0.26
Long Term Debt	0.2	0.11	-0.33	-0.2	0.05	0.48	0.28	0.52	-0.11	0.29	0.15	-0.55	0.36	0.39	0.43	0.2	-0.74	-0.05		0.04	0.51	0.13	0.13	0.35	-0.09	0.35
Short Term Investments	0.8	0.9	0.1	0.67	0.63	0.41	0.73	0.62	0.76	0.8	0.81	-0.67	0.87	0.62	0.82	0.09	-0.42	0.71	0.04		0.78	0.88	0.89	0.9	0.68	0.29
Inventory	0.84	0.87	-0.03	0.42	0.56	0.68	0.84	0.81	0.69	0.89	0.83	-0.82	0.92	0.73	0.88	0.49	-0.68	0.59	0.51	0.78		0.81	0.81	0.93	0.58	0.54
Short Long Term Debt	0.72	0.87	0.08	0.74	0.53	0.3	0.73	0.51	0.66	0.74	0.7	-0.7	0.88	0.73	0.8	0.24	-0.53	0.86	0.13	0.88	0.81		1.0	0.89	0.71	0.2
Short Term Debt	0.71	0.85	0.07	0.72	0.53	0.29	0.71	0.51	0.64	0.73	0.69	-0.69	0.87	0.71	0.79	0.23	-0.52	0.85	0.13	0.89	0.81	1.0		0.9	0.69	0.19
Property Plant Equipment	0.8	0.87	-0.09	0.48	0.57	0.6	0.73	0.79	0.68	0.86	0.8	-0.84	0.9	0.69	0.89	0.33	-0.64	0.74	0.35	0.9	0.93	0.89	0.9		0.56	0.44
Net Invested Capital	0.71	0.69	0.73	0.67	0.48	0.21	0.67	0.18	0.75	0.52	0.72	-0.17	0.7	0.42	0.46	0.01	0.01	0.52	-0.09	0.68	0.58	0.71	0.69	0.56		0.39
Net Working Capital	0.75	0.47	0.3	-0.31	0.51	0.9	0.63	0.61	0.68	0.64	0.76	-0.22	0.36	-0.12	0.28	0.2	-0.22	0.26	0.35	0.29	0.54	0.2	0.19	0.44	0.39

Click cells to compare fundamentals

Water Ways Account Relationship Matchups

Water Ways fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.5M	7.9M	12.1M	9.2M	4.4M	3.1M
Total Current Liabilities	4.7M	5.5M	6.1M	4.8M	4.6M	4.8M
Total Stockholder Equity	1.7M	543K	(831K)	1.7M	(1.3M)	(1.2M)
Accounts Payable	2.7M	3.7M	4.3M	2.7M	2.2M	2.1M
Cash	237K	319K	2.6M	1.1M	199K	189.1K
Net Receivables	4.3M	3.9M	5.1M	2.9M	1.3M	1.5M
Total Liab	4.8M	7.4M	12.9M	7.5M	6.1M	6.4M
Total Current Assets	5.5M	5.5M	9.7M	6.9M	3.7M	2.5M
Retained Earnings	(1.3M)	(2.5M)	(7.9M)	(5.8M)	(9.0M)	(8.6M)
Other Current Assets	176K	205K	66K	711K	817.7K	858.5K
Other Current Liab	269K	278K	500K	228K	262.2K	323.6K
Net Tangible Assets	2.6M	1.2M	(1.5M)	(2.7M)	(2.4M)	(2.3M)
Other Assets	18K	274K	190K	164K	188.6K	134.4K
Long Term Debt	116K	265K	489K	645K	412K	394.2K
Inventory	852K	1.0M	2.0M	2.2M	1.7M	1.3M
Short Long Term Debt	1.7M	1.4M	885K	1.7M	1.9M	1.2M
Short Term Debt	1.7M	1.4M	903K	1.8M	2.0M	1.1M
Property Plant Equipment	212K	298K	243K	361K	415.2K	265.8K

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Water Stock Analysis

When running Water Ways' price analysis, check to measure Water Ways' 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 Water Ways is operating at the current time. Most of Water Ways' value examination focuses on studying past and present price action to predict the probability of Water Ways' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Water Ways' price. Additionally, you may evaluate how the addition of Water Ways to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC