Waters Common Stock Shares Outstanding vs Other Current Liab Analysis

WAT Stock  USD 321.25  5.67  1.80%   
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 Common Stock Shares Outstanding and its Other Current Liab 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.

Common Stock Shares Outstanding vs Other Current Liab

Common Stock Shares Outstanding vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Waters Common Stock Shares Outstanding account and Other Current Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Waters' Common Stock Shares Outstanding and Other Current Liab is -0.46. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Waters, assuming nothing else is changed. The correlation between historical values of Waters' Common Stock Shares Outstanding and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Waters are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Common Stock Shares Outstanding i.e., Waters' Common Stock Shares Outstanding and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.46
Relationship DirectionNegative 
Relationship StrengthVery Weak

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Other Current Liab

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 Expense32.7M37.8M82.2M86.4M
Depreciation And Amortization154.0M142.4M165.9M174.2M

Waters fundamental ratios Correlations

0.87-0.30.650.750.260.760.370.150.740.260.270.740.6-0.390.070.330.43-0.130.550.880.510.220.170.110.74
0.87-0.430.890.660.130.930.27-0.230.630.130.320.750.46-0.28-0.160.190.12-0.060.480.830.810.070.050.010.49
-0.3-0.43-0.51-0.550.66-0.30.53-0.23-0.270.610.31-0.720.24-0.460.830.580.47-0.640.34-0.59-0.720.50.570.70.11
0.650.89-0.510.390.060.850.25-0.380.510.050.40.60.41-0.27-0.250.13-0.04-0.110.450.660.95-0.03-0.06-0.070.41
0.750.66-0.550.39-0.210.6-0.160.360.54-0.12-0.330.91-0.020.26-0.38-0.120.170.460.040.910.43-0.01-0.05-0.240.3
0.260.130.660.06-0.210.280.96-0.150.220.960.57-0.360.67-0.80.890.980.82-0.920.89-0.11-0.220.850.860.910.66
0.760.93-0.30.850.60.280.37-0.290.490.330.240.640.34-0.23-0.070.330.25-0.140.590.740.750.30.290.20.44
0.370.270.530.25-0.160.960.37-0.20.40.890.71-0.250.8-0.890.830.960.76-0.950.940.01-0.040.740.730.830.75
0.15-0.23-0.23-0.380.36-0.15-0.29-0.20.09-0.14-0.320.24-0.10.190.01-0.120.260.29-0.180.24-0.34-0.05-0.11-0.170.15
0.740.63-0.270.510.540.220.490.40.090.160.340.580.6-0.410.140.30.29-0.220.460.70.410.090.020.030.69
0.260.130.610.05-0.120.960.330.89-0.140.160.36-0.330.53-0.660.790.950.84-0.810.86-0.09-0.210.960.960.910.61
0.270.320.310.4-0.330.570.240.71-0.320.340.36-0.180.83-0.880.570.530.23-0.780.61-0.020.180.090.10.40.5
0.740.75-0.720.60.91-0.360.64-0.250.240.58-0.33-0.180.00.25-0.5-0.29-0.080.5-0.010.960.66-0.28-0.33-0.450.23
0.60.460.240.41-0.020.670.340.8-0.10.60.530.830.0-0.940.610.70.52-0.780.760.230.160.340.310.510.83
-0.39-0.28-0.46-0.270.26-0.8-0.23-0.890.19-0.41-0.66-0.880.25-0.94-0.77-0.78-0.560.92-0.80.020.01-0.45-0.44-0.62-0.75
0.07-0.160.83-0.25-0.380.89-0.070.830.010.140.790.57-0.50.61-0.770.830.72-0.870.7-0.29-0.530.650.660.790.52
0.330.190.580.13-0.120.980.330.96-0.120.30.950.53-0.290.7-0.780.830.85-0.890.9-0.02-0.150.850.840.930.71
0.430.120.47-0.040.170.820.250.760.260.290.840.23-0.080.52-0.560.720.85-0.610.750.16-0.280.820.80.760.75
-0.13-0.06-0.64-0.110.46-0.92-0.14-0.950.29-0.22-0.81-0.780.5-0.780.92-0.87-0.89-0.61-0.830.260.16-0.63-0.64-0.8-0.6
0.550.480.340.450.040.890.590.94-0.180.460.860.61-0.010.76-0.80.70.90.75-0.830.250.180.750.730.740.79
0.880.83-0.590.660.91-0.110.740.010.240.7-0.09-0.020.960.230.02-0.29-0.020.160.260.250.64-0.07-0.12-0.220.46
0.510.81-0.720.950.43-0.220.75-0.04-0.340.41-0.210.180.660.160.01-0.53-0.15-0.280.160.180.64-0.23-0.27-0.320.18
0.220.070.5-0.03-0.010.850.30.74-0.050.090.960.09-0.280.34-0.450.650.850.82-0.630.75-0.07-0.230.990.830.52
0.170.050.57-0.06-0.050.860.290.73-0.110.020.960.1-0.330.31-0.440.660.840.8-0.640.73-0.12-0.270.990.860.46
0.110.010.7-0.07-0.240.910.20.83-0.170.030.910.4-0.450.51-0.620.790.930.76-0.80.74-0.22-0.320.830.860.45
0.740.490.110.410.30.660.440.750.150.690.610.50.230.83-0.750.520.710.75-0.60.790.460.180.520.460.45
Click cells to compare fundamentals

Waters Account Relationship Matchups

Waters fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.6B2.8B3.1B3.3B4.6B2.5B
Short Long Term Debt Total1.7B1.4B1.5B1.7B2.4B1.2B
Other Current Liab(225.4M)356.8M328.2M388.1M370.4M388.9M
Total Current Liabilities1.7B805.0M680.5M785.7M789.6M719.7M
Total Stockholder Equity(216.3M)232.1M367.6M504.5M1.2B909.6M
Property Plant And Equipment Net417.3M494.0M547.9M582.2M723.7M759.8M
Net Debt1.3B919.8M1.0B1.2B2.0B2.1B
Retained Earnings6.6B7.1B7.8B8.5B9.2B9.6B
Accounts Payable49.0M72.2M96.8M93.3M84.7M92.7M
Cash335.7M436.7M501.2M480.5M395.1M397.1M
Non Current Assets Total1.3B1.5B1.6B1.6B2.9B3.0B
Non Currrent Assets Other298.0M322.2M328.7M381.5M210.9M140.0M
Cash And Short Term Investments337.1M443.1M569.3M481.4M396.0M376.2M
Net Receivables587.7M573.3M612.6M722.9M702.2M390.7M
Common Stock Shares Outstanding68.2M62.4M62.0M60.3M59.3M78.9M
Liabilities And Stockholders Equity2.6B2.8B3.1B3.3B4.6B2.5B
Non Current Liabilities Total1.1B2.6B2.7B2.8B2.7B2.8B
Inventory320.6M304.3M356.1M455.7M516.2M542.0M
Other Current Assets67.1M80.3M90.9M103.9M138.5M145.4M
Other Stockholder Equity(6.7B)(6.8B)(7.3B)(7.9B)(7.9B)(7.5B)
Total Liab2.8B2.6B2.7B2.8B3.5B3.7B
Total Current Assets1.2B1.3B1.5B1.7B1.8B1.6B
Short Term Debt1.7B177.8M27.9M76.4M77.8M73.9M
Intangible Assets240.2M258.6M242.4M227.4M629.2M660.6M
Good Will356.1M444.4M437.9M430.3M1.3B1.4B
Property Plant And Equipment Gross510.7M494.0M547.9M1.4B1.5B1.5B
Accumulated Other Comprehensive Income(119.5M)(117.9M)(111.9M)(141.6M)(134.1M)(127.4M)
Common Stock Total Equity1.6M1.6M1.6M1.6M1.9M1.6M
Common Stock1.6M1.6M1.6M1.6M1.6M1.6M
Other Liab534.3M1.3B1.2B399.5M459.4M303.9M
Other Assets133.0M241.9M328.7M381.5M438.7M460.7M
Property Plant Equipment417.3M494.0M547.9M582.2M669.5M703.0M
Current Deferred Revenue176.4M198.2M227.6M227.9M256.7M140.6M
Short Term Investments1.4M6.5M68.1M862K898K853.1K
Treasury Stock(6.1B)(8.6B)(8.8B)(9.4B)(8.5B)(8.1B)
Long Term Debt1.6B1.4B1.5B1.6B2.3B1.2B
Net Tangible Assets(216.3M)232.1M(312.7M)(153.2M)(137.9M)(131.0M)
Retained Earnings Total Equity6.0B6.6B7.1B7.8B9.0B9.4B
Long Term Debt Total1.6B1.2B1.5B1.6B1.8B1.5B
Capital Surpluse1.9B2.0B2.1B2.2B2.5B1.7B

Waters Investors Sentiment

The influence of Waters' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Waters. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Waters' public news can be used to forecast risks associated with an investment in Waters. The trend in average sentiment can be used to explain how an investor holding Waters can time the market purely based on public headlines and social activities around Waters. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Waters' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Waters' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Waters' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Waters.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Waters in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Waters' short interest history, or implied volatility extrapolated from Waters options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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:
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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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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
(0.04)
Earnings Share
10.83
Revenue Per Share
50.044
Quarterly Revenue Growth
(0.04)
Return On Assets
0.1354
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.