| WATR Stock | | | CAD 0.03 0.00 0.00% |
Current Water financial indicator trend analysis is way more than just evaluating Current Water Techno prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Current Water Techno is a good investment. Please check the relationship between Current Water Total Stockholder Equity and its Short Term Investments accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Current Water 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 metropolitan statistical area.
Total Stockholder Equity vs Short Term Investments
Total Stockholder Equity vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Current Water Techno Total Stockholder Equity account and
Short Term Investments. At this time, the significance of the direction appears to have no relationship.
The correlation between Current Water's Total Stockholder Equity and Short Term Investments is 0.02. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Current Water Technologies, assuming nothing else is changed. The correlation between historical values of Current Water's Total Stockholder Equity and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Current Water Technologies are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Total Stockholder Equity i.e., Current Water's Total Stockholder Equity and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.02 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Short Term Investments
Short Term Investments is an item under the current assets section of Current Water balance sheet. It contains any investments Current Water Technologies undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Current Water Techno can easily liquidate in the marketplace.
Most indicators from Current Water's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Current Water Techno 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 Current Water 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 metropolitan statistical area.
Selling General Administrative is likely to climb to about 666.1
K in 2024, whereas
Issuance Of Capital Stock is likely to drop 0.00 in 2024.
Current Water fundamental ratios Correlations
Click cells to compare fundamentals
Current Water Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Current Water fundamental ratios Accounts
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