Waters Other Current Assets from 2010 to 2024
| WAT Stock | USD 308.90 1.28 0.42% |
Other Current Assets | First Reported 1995-03-31 | Previous Quarter 138.5 M | Current Value 139.8 M | Quarterly Volatility 84.7 M |
Check Waters financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Waters main balance sheet or income statement drivers, such as Depreciation And Amortization of 174.2 M, Interest Expense of 86.4 M or Total Revenue of 1.7 B, as well as many exotic indicators such as Price To Sales Ratio of 4.02, Dividend Yield of 0.0271 or PTB Ratio of 9.34. Waters financial statements analysis is a perfect complement when working with Waters Valuation or Volatility modules.
Waters | Other Current Assets |
Latest Waters' Other Current Assets Growth Pattern
Below is the plot of the Other Current Assets of Waters over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Waters' Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Waters' overall financial position and show how it may be relating to other accounts over time.
| Other Current Assets | 10 Years Trend |
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Other Current Assets |
| Timeline |
Waters Other Current Assets Regression Statistics
| Arithmetic Mean | 85,890,897 | |
| Geometric Mean | 74,517,061 | |
| Coefficient Of Variation | 38.40 | |
| Mean Deviation | 22,343,196 | |
| Median | 80,804,000 | |
| Standard Deviation | 32,983,269 | |
| Sample Variance | 1087.9T | |
| Range | 138.9M | |
| R-Value | 0.64 | |
| Mean Square Error | 695.6T | |
| R-Squared | 0.41 | |
| Significance | 0.01 | |
| Slope | 4,701,004 | |
| Total Sum of Squares | 15230.5T |
Waters Other Current Assets History
About Waters Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Waters income statement, its balance sheet, and the statement of cash flows. Waters investors use historical funamental indicators, such as Waters's Other Current Assets, to determine how well the company is positioned to perform in the future. Although Waters investors may use each financial statement separately, they are all related. The changes in Waters's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Waters's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Waters Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Waters. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Other Current Assets | 138.5 M | 145.4 M |
Pair Trading with Waters
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Waters position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Waters will appreciate offsetting losses from the drop in the long position's value.Moving together with Waters Stock
| 0.87 | A | Agilent Technologies Fiscal Year End 18th of November 2024 | PairCorr |
Moving against Waters Stock
| 0.54 | DOMH | Dominari Holdings | PairCorr |
The ability to find closely correlated positions to Waters could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Waters when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Waters - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Waters to buy it.
The correlation of Waters is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Waters moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Waters moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Waters can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Waters Correlation against competitors. For more information on how to buy Waters Stock please use our How to Invest in Waters guide.Note that the Waters information on this page should be used as a complementary analysis to other Waters' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for Waters Stock analysis
When running Waters' price analysis, check to measure Waters' 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 Waters is operating at the current time. Most of Waters' value examination focuses on studying past and present price action to predict the probability of Waters' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Waters' price. Additionally, you may evaluate how the addition of Waters to your portfolios can decrease your overall portfolio volatility.
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Is Waters' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Waters. If investors know Waters will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Waters listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.28) | Earnings Share 10.18 | Revenue Per Share 49.191 | Quarterly Revenue Growth (0.07) | Return On Assets 0.1322 |
The market value of Waters is measured differently than its book value, which is the value of Waters that is recorded on the company's balance sheet. Investors also form their own opinion of Waters' value that differs from its market value or its book value, called intrinsic value, which is Waters' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Waters' market value can be influenced by many factors that don't directly affect Waters' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Waters' value and its price as these two are different measures arrived at by different means. Investors typically determine if Waters is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Waters' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.