Waters Net Debt vs Capital Stock Analysis

WAT Stock

USD 360.51 1.28 0.35%

Waters financial indicator trend analysis is more than just analyzing Waters current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Waters is a good investment. Please check the relationship between Waters Net Debt and its Capital Stock accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waters. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

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

Net Debt vs Capital Stock

Net Debt vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Waters Net Debt account and Capital Stock. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Waters' Net Debt and Capital Stock is 0.16. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Waters, assuming nothing else is changed. The correlation between historical values of Waters' Net Debt and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Waters are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Net Debt i.e., Waters' Net Debt and Capital Stock go up and down completely randomly.

Correlation Coefficient

0.16

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Capital Stock

The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.

Most indicators from Waters' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Waters 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 Waters. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

For more information on how to buy Waters Stock please use our How to Invest in Waters guide.Tax Provision is likely to gain to about 124.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 455.4 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	32.7M	37.8M	82.2M	86.4M
Depreciation And Amortization	154.0M	142.4M	165.9M	174.2M

Interest Expense Depreciation And Amortization

Waters 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	Accounts Payable	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	Intangible Assets	Good Will	Property Plant And Equipment Gross	Common Stock Total Equity
Total Assets		0.87	-0.3	0.65	0.75	0.26	0.76	0.37	0.15	0.74	0.26	0.27	0.74	0.6	-0.39	0.07	0.33	0.43	-0.13	0.55	0.88	0.51	0.22	0.17	0.11	0.74
Short Long Term Debt Total	0.87		-0.43	0.89	0.66	0.13	0.93	0.27	-0.23	0.63	0.13	0.32	0.75	0.46	-0.28	-0.16	0.19	0.12	-0.06	0.48	0.83	0.81	0.07	0.05	0.01	0.49
Other Current Liab	-0.3	-0.43		-0.51	-0.55	0.66	-0.3	0.53	-0.23	-0.27	0.61	0.31	-0.72	0.24	-0.46	0.83	0.58	0.47	-0.64	0.34	-0.59	-0.72	0.5	0.57	0.7	0.11
Total Current Liabilities	0.65	0.89	-0.51		0.39	0.06	0.85	0.25	-0.38	0.51	0.05	0.4	0.6	0.41	-0.27	-0.25	0.13	-0.04	-0.11	0.45	0.66	0.95	-0.03	-0.06	-0.07	0.41
Total Stockholder Equity	0.75	0.66	-0.55	0.39		-0.21	0.6	-0.16	0.36	0.54	-0.12	-0.33	0.91	-0.02	0.26	-0.38	-0.12	0.17	0.46	0.04	0.91	0.43	-0.01	-0.05	-0.24	0.3
Property Plant And Equipment Net	0.26	0.13	0.66	0.06	-0.21		0.28	0.96	-0.15	0.22	0.96	0.57	-0.36	0.67	-0.8	0.89	0.98	0.82	-0.92	0.89	-0.11	-0.22	0.85	0.86	0.91	0.66
Net Debt	0.76	0.93	-0.3	0.85	0.6	0.28		0.37	-0.29	0.49	0.33	0.24	0.64	0.34	-0.23	-0.07	0.33	0.25	-0.14	0.59	0.74	0.75	0.3	0.29	0.2	0.44
Retained Earnings	0.37	0.27	0.53	0.25	-0.16	0.96	0.37		-0.2	0.4	0.89	0.71	-0.25	0.8	-0.89	0.83	0.96	0.76	-0.95	0.94	0.01	-0.04	0.74	0.73	0.83	0.75
Accounts Payable	0.15	-0.23	-0.23	-0.38	0.36	-0.15	-0.29	-0.2		0.09	-0.14	-0.32	0.24	-0.1	0.19	0.01	-0.12	0.26	0.29	-0.18	0.24	-0.34	-0.05	-0.11	-0.17	0.15
Cash	0.74	0.63	-0.27	0.51	0.54	0.22	0.49	0.4	0.09		0.16	0.34	0.58	0.6	-0.41	0.14	0.3	0.29	-0.22	0.46	0.7	0.41	0.09	0.02	0.03	0.69
Non Current Assets Total	0.26	0.13	0.61	0.05	-0.12	0.96	0.33	0.89	-0.14	0.16		0.36	-0.33	0.53	-0.66	0.79	0.95	0.84	-0.81	0.86	-0.09	-0.21	0.96	0.96	0.91	0.61
Non Currrent Assets Other	0.27	0.32	0.31	0.4	-0.33	0.57	0.24	0.71	-0.32	0.34	0.36		-0.18	0.83	-0.88	0.57	0.53	0.23	-0.78	0.61	-0.02	0.18	0.09	0.1	0.4	0.5
Cash And Short Term Investments	0.74	0.75	-0.72	0.6	0.91	-0.36	0.64	-0.25	0.24	0.58	-0.33	-0.18		0.0	0.25	-0.5	-0.29	-0.08	0.5	-0.01	0.96	0.66	-0.28	-0.33	-0.45	0.23
Net Receivables	0.6	0.46	0.24	0.41	-0.02	0.67	0.34	0.8	-0.1	0.6	0.53	0.83	0.0		-0.94	0.61	0.7	0.52	-0.78	0.76	0.23	0.16	0.34	0.31	0.51	0.83
Common Stock Shares Outstanding	-0.39	-0.28	-0.46	-0.27	0.26	-0.8	-0.23	-0.89	0.19	-0.41	-0.66	-0.88	0.25	-0.94		-0.77	-0.78	-0.56	0.92	-0.8	0.02	0.01	-0.45	-0.44	-0.62	-0.75
Non Current Liabilities Total	0.07	-0.16	0.83	-0.25	-0.38	0.89	-0.07	0.83	0.01	0.14	0.79	0.57	-0.5	0.61	-0.77		0.83	0.72	-0.87	0.7	-0.29	-0.53	0.65	0.66	0.79	0.52
Inventory	0.33	0.19	0.58	0.13	-0.12	0.98	0.33	0.96	-0.12	0.3	0.95	0.53	-0.29	0.7	-0.78	0.83		0.85	-0.89	0.9	-0.02	-0.15	0.85	0.84	0.93	0.71
Other Current Assets	0.43	0.12	0.47	-0.04	0.17	0.82	0.25	0.76	0.26	0.29	0.84	0.23	-0.08	0.52	-0.56	0.72	0.85		-0.61	0.75	0.16	-0.28	0.82	0.8	0.76	0.75
Other Stockholder Equity	-0.13	-0.06	-0.64	-0.11	0.46	-0.92	-0.14	-0.95	0.29	-0.22	-0.81	-0.78	0.5	-0.78	0.92	-0.87	-0.89	-0.61		-0.83	0.26	0.16	-0.63	-0.64	-0.8	-0.6
Total Liab	0.55	0.48	0.34	0.45	0.04	0.89	0.59	0.94	-0.18	0.46	0.86	0.61	-0.01	0.76	-0.8	0.7	0.9	0.75	-0.83		0.25	0.18	0.75	0.73	0.74	0.79
Total Current Assets	0.88	0.83	-0.59	0.66	0.91	-0.11	0.74	0.01	0.24	0.7	-0.09	-0.02	0.96	0.23	0.02	-0.29	-0.02	0.16	0.26	0.25		0.64	-0.07	-0.12	-0.22	0.46
Short Term Debt	0.51	0.81	-0.72	0.95	0.43	-0.22	0.75	-0.04	-0.34	0.41	-0.21	0.18	0.66	0.16	0.01	-0.53	-0.15	-0.28	0.16	0.18	0.64		-0.23	-0.27	-0.32	0.18
Intangible Assets	0.22	0.07	0.5	-0.03	-0.01	0.85	0.3	0.74	-0.05	0.09	0.96	0.09	-0.28	0.34	-0.45	0.65	0.85	0.82	-0.63	0.75	-0.07	-0.23		0.99	0.83	0.52
Good Will	0.17	0.05	0.57	-0.06	-0.05	0.86	0.29	0.73	-0.11	0.02	0.96	0.1	-0.33	0.31	-0.44	0.66	0.84	0.8	-0.64	0.73	-0.12	-0.27	0.99		0.86	0.46
Property Plant And Equipment Gross	0.11	0.01	0.7	-0.07	-0.24	0.91	0.2	0.83	-0.17	0.03	0.91	0.4	-0.45	0.51	-0.62	0.79	0.93	0.76	-0.8	0.74	-0.22	-0.32	0.83	0.86		0.45
Common Stock Total Equity	0.74	0.49	0.11	0.41	0.3	0.66	0.44	0.75	0.15	0.69	0.61	0.5	0.23	0.83	-0.75	0.52	0.71	0.75	-0.6	0.79	0.46	0.18	0.52	0.46	0.45

Click cells to compare fundamentals

Waters Account Relationship Matchups

Waters fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.6B	2.8B	3.1B	3.3B	4.6B	2.5B
Short Long Term Debt Total	1.7B	1.4B	1.5B	1.7B	2.4B	1.2B
Other Current Liab	(225.4M)	356.8M	328.2M	388.1M	370.4M	388.9M
Total Current Liabilities	1.7B	805.0M	680.5M	785.7M	789.6M	719.7M
Total Stockholder Equity	(216.3M)	232.1M	367.6M	504.5M	1.2B	909.6M
Property Plant And Equipment Net	417.3M	494.0M	547.9M	582.2M	723.7M	759.8M
Net Debt	1.3B	919.8M	1.0B	1.2B	2.0B	2.1B
Retained Earnings	6.6B	7.1B	7.8B	8.5B	9.2B	9.6B
Accounts Payable	49.0M	72.2M	96.8M	93.3M	84.7M	92.7M
Cash	335.7M	436.7M	501.2M	480.5M	395.1M	397.1M
Non Current Assets Total	1.3B	1.5B	1.6B	1.6B	2.9B	3.0B
Non Currrent Assets Other	298.0M	322.2M	328.7M	381.5M	210.9M	140.0M
Cash And Short Term Investments	337.1M	443.1M	569.3M	481.4M	396.0M	376.2M
Net Receivables	587.7M	573.3M	612.6M	722.9M	702.2M	390.7M
Common Stock Shares Outstanding	68.2M	62.4M	62.0M	60.3M	59.3M	78.9M
Liabilities And Stockholders Equity	2.6B	2.8B	3.1B	3.3B	4.6B	2.5B
Non Current Liabilities Total	1.1B	2.6B	2.7B	2.8B	2.7B	2.8B
Inventory	320.6M	304.3M	356.1M	455.7M	516.2M	542.0M
Other Current Assets	67.1M	80.3M	90.9M	103.9M	138.5M	145.4M
Other Stockholder Equity	(6.7B)	(6.8B)	(7.3B)	(7.9B)	(7.9B)	(7.5B)
Total Liab	2.8B	2.6B	2.7B	2.8B	3.5B	3.7B
Total Current Assets	1.2B	1.3B	1.5B	1.7B	1.8B	1.6B
Short Term Debt	1.7B	177.8M	27.9M	76.4M	77.8M	73.9M
Intangible Assets	240.2M	258.6M	242.4M	227.4M	629.2M	660.6M
Good Will	356.1M	444.4M	437.9M	430.3M	1.3B	1.4B
Property Plant And Equipment Gross	510.7M	494.0M	547.9M	1.4B	1.5B	1.5B
Accumulated Other Comprehensive Income	(119.5M)	(117.9M)	(111.9M)	(141.6M)	(134.1M)	(127.4M)
Common Stock Total Equity	1.6M	1.6M	1.6M	1.6M	1.9M	1.6M
Common Stock	1.6M	1.6M	1.6M	1.6M	1.6M	1.6M
Other Liab	534.3M	1.3B	1.2B	399.5M	459.4M	303.9M
Other Assets	133.0M	241.9M	328.7M	381.5M	438.7M	460.7M
Property Plant Equipment	417.3M	494.0M	547.9M	582.2M	669.5M	703.0M
Current Deferred Revenue	176.4M	198.2M	227.6M	227.9M	256.7M	140.6M
Short Term Investments	1.4M	6.5M	68.1M	862K	898K	853.1K
Treasury Stock	(6.1B)	(8.6B)	(8.8B)	(9.4B)	(8.5B)	(8.1B)
Long Term Debt	1.6B	1.4B	1.5B	1.6B	2.3B	1.2B
Net Tangible Assets	(216.3M)	232.1M	(312.7M)	(153.2M)	(137.9M)	(131.0M)
Retained Earnings Total Equity	6.0B	6.6B	7.1B	7.8B	9.0B	9.4B
Long Term Debt Total	1.6B	1.2B	1.5B	1.6B	1.8B	1.5B
Capital Surpluse	1.9B	2.0B	2.1B	2.2B	2.5B	1.7B

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

0.82

Agilent Technologies Financial Report 28th of May 2024

Pair Corr

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.

Pair Correlation Correlation Matching

When determining whether Waters is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Waters Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Waters Stock. Highlighted below are key reports to facilitate an investment decision about Waters Stock:

How To Invest In Waters

Details

Is Waters Stock a good investment?

Details

What is Waters' Net Worth?

Details

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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waters. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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

10.17

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.

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Waters Net Debt vs Capital Stock Analysis

Net Debt vs Capital Stock

Net Debt vs Capital Stock Correlation Analysis

Correlation Coefficient

Net Debt

Capital Stock

Waters fundamental ratios Correlations

Waters Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Waters fundamental ratios Accounts

Pair Trading with Waters

Moving together with Waters Stock

Complementary Tools for Waters Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Good Will	+ 0.99	Intangible Assets
Inventory	+ 0.98	Property Plant And Equipment Net
Retained Earnings	+ 0.96	Property Plant And Equipment Net
Non Current Assets Total	+ 0.96	Property Plant And Equipment Net
Inventory	+ 0.96	Retained Earnings
Intangible Assets	+ 0.96	Non Current Assets Total

Other Stockholder Equity	- 0.95	Retained Earnings
Common Stock Shares Outstanding	- 0.94	Net Receivables
Other Stockholder Equity	- 0.92	Property Plant And Equipment Net
Other Stockholder Equity	- 0.89	Inventory
Common Stock Shares Outstanding	- 0.89	Retained Earnings
Common Stock Shares Outstanding	- 0.88	Non Currrent Assets Other