Tidewater Price To Sales Ratio vs Invested Capital Analysis

TDW-WT Stock

USD 9.08 0.71 8.48%

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 Price To Sales Ratio and its Invested Capital 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 board of governors.

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

Price To Sales Ratio vs Invested Capital

Price To Sales Ratio vs Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tidewater Price To Sales Ratio account and Invested Capital. At this time, the significance of the direction appears to have weak contrarian relationship.

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

Correlation Coefficient

-0.13

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Tidewater stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Tidewater sales, a figure that is much harder to manipulate than other Tidewater multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.

Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to Tidewater. There are two different methods for calculating Tidewater invested capital: operating approach and financing approach. Understanding Tidewater invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.

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 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

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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

0.78

RILYM

Dow Jones Toys

Pair Corr

Moving against Tidewater Stock

0.65	ARGD	Argo Group 65	Pair Corr
0.63	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

Additional 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.

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