Tidewater Days Sales Outstanding vs Ptb Ratio Analysis

TDW-WT Stock

USD 14.47 3.19 18.06%

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 Days Sales Outstanding and its Ptb Ratio 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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Tidewater Stock please use our How to Invest in Tidewater guide.

Days Sales Outstanding vs Ptb Ratio

Days Sales Outstanding vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tidewater Days Sales Outstanding account and Ptb Ratio. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Tidewater's Days Sales Outstanding and Ptb Ratio is -0.55. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Tidewater, assuming nothing else is changed. The correlation between historical values of Tidewater's Days Sales Outstanding and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Sales Outstanding of Tidewater are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Days Sales Outstanding i.e., Tidewater's Days Sales Outstanding and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

-0.55

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Days Sales Outstanding

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

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 comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.14 in 2024, whereas Enterprise Value Over EBITDA is likely to drop 11.20 in 2024.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	68.2M	99.9M	94.2M	130.8M
Cost Of Revenue	378.6M	518.6M	741.2M	599.9M

Total Operating Expenses Cost Of Revenue

Tidewater fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Good Will	Current Deferred Revenue	Accounts Payable	Other Assets
Total Assets		0.93	0.69	0.57	0.95	0.99	0.96	0.91	0.25	0.99	-0.2	0.24	0.88	-0.43	0.66	0.73	0.32	-0.75	0.96	0.75	0.51	0.73	0.33	-0.54	0.49	0.29
Short Long Term Debt Total	0.93		0.74	0.8	0.77	0.9	0.95	0.78	0.51	0.87	-0.2	0.5	0.82	-0.4	0.4	0.49	0.33	-0.69	0.99	0.89	0.75	0.66	0.29	-0.47	0.3	0.06
Other Current Liab	0.69	0.74		0.53	0.56	0.7	0.77	0.53	0.18	0.67	0.03	0.17	0.73	-0.17	0.4	0.33	0.28	-0.44	0.75	0.58	0.43	0.5	0.13	-0.59	0.35	-0.04
Total Current Liabilities	0.57	0.8	0.53		0.32	0.52	0.63	0.41	0.81	0.47	-0.18	0.8	0.41	-0.28	-0.22	0.0	0.37	-0.44	0.74	0.83	0.99	0.42	0.11	-0.25	-0.05	-0.23
Total Stockholder Equity	0.95	0.77	0.56	0.32		0.96	0.85	0.91	0.03	0.98	-0.17	0.03	0.83	-0.4	0.8	0.84	0.27	-0.72	0.83	0.57	0.28	0.7	0.35	-0.55	0.58	0.44
Property Plant And Equipment Net	0.99	0.9	0.7	0.52	0.96		0.96	0.92	0.16	1.0	-0.2	0.16	0.89	-0.44	0.7	0.75	0.28	-0.77	0.94	0.69	0.46	0.75	0.31	-0.56	0.51	0.32
Net Debt	0.96	0.95	0.77	0.63	0.85	0.96		0.86	0.23	0.94	-0.18	0.23	0.9	-0.42	0.6	0.64	0.26	-0.74	0.98	0.74	0.56	0.73	0.26	-0.53	0.42	0.21
Retained Earnings	0.91	0.78	0.53	0.41	0.91	0.92	0.86		0.09	0.93	-0.46	0.09	0.79	-0.71	0.69	0.84	0.23	-0.93	0.84	0.58	0.38	0.9	0.06	-0.36	0.67	0.57
Cash	0.25	0.51	0.18	0.81	0.03	0.16	0.23	0.09		0.12	-0.19	1.0	0.09	-0.12	-0.43	-0.24	0.35	-0.14	0.42	0.76	0.83	0.07	0.19	0.03	-0.24	-0.4
Non Current Assets Total	0.99	0.87	0.67	0.47	0.98	1.0	0.94	0.93	0.12		-0.17	0.12	0.86	-0.42	0.73	0.79	0.24	-0.76	0.92	0.65	0.42	0.75	0.32	-0.58	0.54	0.38
Non Currrent Assets Other	-0.2	-0.2	0.03	-0.18	-0.17	-0.2	-0.18	-0.46	-0.19	-0.17		-0.19	-0.24	0.86	-0.08	-0.23	-0.18	0.63	-0.21	-0.29	-0.19	-0.51	0.45	-0.4	-0.28	-0.32
Cash And Short Term Investments	0.24	0.5	0.17	0.8	0.03	0.16	0.23	0.09	1.0	0.12	-0.19		0.09	-0.12	-0.43	-0.25	0.36	-0.14	0.42	0.76	0.83	0.06	0.19	0.03	-0.24	-0.4
Net Receivables	0.88	0.82	0.73	0.41	0.83	0.89	0.9	0.79	0.09	0.86	-0.24	0.09		-0.39	0.72	0.62	0.46	-0.64	0.86	0.71	0.3	0.58	0.26	-0.33	0.43	0.14
Common Stock Shares Outstanding	-0.43	-0.4	-0.17	-0.28	-0.4	-0.44	-0.42	-0.71	-0.12	-0.42	0.86	-0.12	-0.39		-0.26	-0.53	-0.08	0.89	-0.43	-0.34	-0.29	-0.84	0.57	-0.24	-0.62	-0.61
Non Current Liabilities Total	0.66	0.4	0.4	-0.22	0.8	0.7	0.6	0.69	-0.43	0.73	-0.08	-0.43	0.72	-0.26		0.83	0.01	-0.49	0.49	0.17	-0.29	0.47	0.28	-0.39	0.59	0.49
Inventory	0.73	0.49	0.33	0.0	0.84	0.75	0.64	0.84	-0.24	0.79	-0.23	-0.25	0.62	-0.53	0.83		0.05	-0.72	0.57	0.24	-0.02	0.74	0.03	-0.39	0.83	0.74
Other Current Assets	0.32	0.33	0.28	0.37	0.27	0.28	0.26	0.23	0.35	0.24	-0.18	0.36	0.46	-0.08	0.01	0.05		-0.14	0.34	0.56	0.31	0.02	0.23	0.04	0.03	-0.23
Other Stockholder Equity	-0.75	-0.69	-0.44	-0.44	-0.72	-0.77	-0.74	-0.93	-0.14	-0.76	0.63	-0.14	-0.64	0.89	-0.49	-0.72	-0.14		-0.73	-0.51	-0.44	-0.97	0.25	0.15	-0.67	-0.62
Total Liab	0.96	0.99	0.75	0.74	0.83	0.94	0.98	0.84	0.42	0.92	-0.21	0.42	0.86	-0.43	0.49	0.57	0.34	-0.73		0.86	0.68	0.7	0.3	-0.5	0.36	0.13
Total Current Assets	0.75	0.89	0.58	0.83	0.57	0.69	0.74	0.58	0.76	0.65	-0.29	0.76	0.71	-0.34	0.17	0.24	0.56	-0.51	0.86		0.78	0.42	0.31	-0.19	0.11	-0.18
Short Term Debt	0.51	0.75	0.43	0.99	0.28	0.46	0.56	0.38	0.83	0.42	-0.19	0.83	0.3	-0.29	-0.29	-0.02	0.31	-0.44	0.68	0.78		0.42	0.08	-0.23	-0.06	-0.18
Common Stock	0.73	0.66	0.5	0.42	0.7	0.75	0.73	0.9	0.07	0.75	-0.51	0.06	0.58	-0.84	0.47	0.74	0.02	-0.97	0.7	0.42	0.42		-0.34	-0.23	0.76	0.68
Good Will	0.33	0.29	0.13	0.11	0.35	0.31	0.26	0.06	0.19	0.32	0.45	0.19	0.26	0.57	0.28	0.03	0.23	0.25	0.3	0.31	0.08	-0.34		-0.53	-0.39	-0.42
Current Deferred Revenue	-0.54	-0.47	-0.59	-0.25	-0.55	-0.56	-0.53	-0.36	0.03	-0.58	-0.4	0.03	-0.33	-0.24	-0.39	-0.39	0.04	0.15	-0.5	-0.19	-0.23	-0.23	-0.53		-0.18	-0.07
Accounts Payable	0.49	0.3	0.35	-0.05	0.58	0.51	0.42	0.67	-0.24	0.54	-0.28	-0.24	0.43	-0.62	0.59	0.83	0.03	-0.67	0.36	0.11	-0.06	0.76	-0.39	-0.18		0.84
Other Assets	0.29	0.06	-0.04	-0.23	0.44	0.32	0.21	0.57	-0.4	0.38	-0.32	-0.4	0.14	-0.61	0.49	0.74	-0.23	-0.62	0.13	-0.18	-0.18	0.68	-0.42	-0.07	0.84

Click cells to compare fundamentals

Tidewater Account Relationship Matchups

Tidewater fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.6B	1.3B	1.1B	1.3B	2.1B	2.6B
Short Long Term Debt Total	288.9M	192.7M	167.9M	169.0M	741.5M	605.0M
Other Current Liab	5.4M	8.9M	135.1M	153.1M	173.9M	182.6M
Total Current Liabilities	185.7M	183.2M	157.9M	194.8M	328.7M	348.4M
Total Stockholder Equity	1.0B	822.1M	701.3M	866.0M	1.0B	1.6B
Property Plant And Equipment Net	939.0M	780.3M	688.0M	796.7M	1.3B	1.7B
Net Debt	70.6M	42.8M	18.8M	4.8M	465.9M	318.0M
Retained Earnings	(352.5M)	(548.9M)	(677.9M)	(699.6M)	(637.8M)	(605.9M)
Cash	218.3M	149.9M	149.0M	164.2M	275.7M	208.9M
Non Current Assets Total	1.0B	862.5M	753.1M	919.7M	1.5B	2.0B
Non Currrent Assets Other	98.3M	82.2M	65.1M	123.1M	152.4M	160.0M
Cash And Short Term Investments	218.3M	149.9M	149.0M	164.2M	275.7M	209.2M
Net Receivables	236.2M	174.7M	156.6M	156.5M	268.4M	301.3M
Common Stock Shares Outstanding	38.2M	40.4M	41.0M	44.1M	52.9M	55.6M
Liabilities And Stockholders Equity	1.6B	1.3B	1.1B	1.3B	2.1B	2.6B
Non Current Liabilities Total	377.4M	244.7M	236.1M	236.9M	696.3M	616.7M
Inventory	21.9M	15.9M	12.6M	30.8M	31.9M	28.9M
Other Current Assets	16.0M	11.7M	8.7M	21.0M	9.8M	10.8M
Other Stockholder Equity	1.4B	1.4B	1.4B	1.6B	1.7B	1.8B
Total Liab	563.1M	427.9M	394.0M	431.7M	1.0B	965.1M
Total Current Assets	537.3M	388.6M	342.7M	377.9M	585.7M	566.2M
Accumulated Other Comprehensive Income	(236K)	(804K)	2.7M	8.6M	5.3M	5.5M
Short Term Debt	9.9M	27.8M	1.4M	2.1M	104.9M	99.6M
Common Stock	37K	40K	41K	51K	52K	49.4K
Current Deferred Revenue	109.9M	142.8M	129.5M	600K	5M	4.8M
Accounts Payable	27.5M	17.0M	20.8M	38.9M	44.9M	41.0M

Pair Trading with Tidewater

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 Tidewater 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 Tidewater will appreciate offsetting losses from the drop in the long position's value.

Moving together with Tidewater Stock

0.77	GECCM	Great Elm Capital	Pair Corr
0.88	INBKZ	INBKZ	Pair Corr
0.74	RCB	Ready Capital	Pair Corr

Moving against Tidewater Stock

0.68	ARGD	Argo Group 65	Pair Corr
0.66	DHCNI	DHCNI	Pair Corr
0.59	JSM	Navient SR	Pair Corr

The ability to find closely correlated positions to Tidewater could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tidewater 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 Tidewater - 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 Tidewater to buy it.

The correlation of Tidewater 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 Tidewater moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tidewater 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 Tidewater 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.

Pair Correlation Correlation Matching

When determining whether Tidewater is a strong investment it is important to analyze Tidewater's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tidewater's future performance. For an informed investment choice regarding Tidewater Stock, refer to the following important reports:

How To Invest In Tidewater

Details

Is Tidewater Stock a good investment?

Details

What is Tidewater's Net Worth?

Details

Largest Oil & Gas Equipment & Services Companies

View

Largest Energy Companies

View

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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Tidewater Stock please use our How to Invest in Tidewater guide.

You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

Complementary Tools for Tidewater Stock analysis

When running Tidewater's price analysis, check to 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.

	ETFs Find actively traded Exchange Traded Funds (ETF) from around the world
	Economic Indicators Top statistical indicators that provide insights into how an economy is performing
	CEOs Directory Screen CEOs from public companies around the world
	Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
	Performance Analysis Check effects of mean-variance optimization against your current asset allocation
	Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital
	Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
	Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
	Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites

Please note, there is a significant difference between Tidewater's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tidewater is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tidewater's 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.

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

Tidewater Days Sales Outstanding vs Ptb Ratio Analysis

Days Sales Outstanding vs Ptb Ratio

Days Sales Outstanding vs Ptb Ratio Correlation Analysis

Correlation Coefficient

Days Sales Outstanding

Ptb Ratio

Tidewater fundamental ratios Correlations

Tidewater Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tidewater fundamental ratios Accounts

Pair Trading with Tidewater

Moving together with Tidewater Stock

Moving against Tidewater Stock

Complementary Tools for Tidewater Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Short Long Term Debt Total
Short Term Debt	+ 0.99	Total Current Liabilities

Common Stock	- 0.97	Other Stockholder Equity
Other Stockholder Equity	- 0.93	Retained Earnings
Common Stock	- 0.84	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.77	Property Plant And Equipment Net
Other Stockholder Equity	- 0.76	Non Current Assets Total
Other Stockholder Equity	- 0.75	Total Assets