Global Cash vs Long Term Debt Analysis

GWRS Stock

USD 13.23 0.15 1.15%

Global Water financial indicator trend analysis is much more than just examining Global Water Resources latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Global Water Resources is a good investment. Please check the relationship between Global Water Cash and its Long Term Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Water Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Cash vs Long Term Debt

Cash vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Global Water Resources Cash account and Long Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Global Water's Cash and Long Term Debt is -0.17. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Global Water Resources, assuming nothing else is changed. The correlation between historical values of Global Water's Cash and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Global Water Resources are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Cash i.e., Global Water's Cash and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.17

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Cash

Cash refers to the most liquid asset of Global Water Resources, which is listed under current asset account on Global Water Resources balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Global Water customers. The amounts must be unrestricted with restricted cash listed in a different Global Water account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Long Term Debt

Long-term debt is a debt that Global Water Resources has held for over one year. Long-term debt appears on Global Water Resources balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Global Water Resources balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most indicators from Global Water's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Global Water Resources 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Water Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Selling General Administrative is likely to gain to about 17.5 M in 2024, whereas Tax Provision is likely to drop slightly above 2.4 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	31.6M	33.8M	28.9M	23.9M
Total Revenue	41.9M	44.7M	53.0M	39.7M

Gross Profit Total Revenue

Global Water fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Good Will	Common Stock Total Equity	Retained Earnings Total Equity	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment
Total Assets		0.56	0.61	0.33	0.92	0.31	0.02	0.32	-0.21	0.12	-0.15	-0.04	0.55	0.11	0.15	0.12	0.18	-0.1	0.89	0.33	0.36	-0.03	0.36	0.49	0.18	0.84
Other Current Liab	0.56		0.85	-0.27	0.61	-0.17	0.16	0.79	-0.33	0.5	0.1	-0.35	0.76	-0.25	0.31	-0.07	-0.04	-0.51	0.69	-0.31	-0.22	-0.44	-0.22	0.77	-0.22	0.28
Total Current Liabilities	0.61	0.85		-0.28	0.63	-0.17	0.06	0.79	-0.41	0.36	0.1	-0.55	0.89	-0.34	0.14	0.23	-0.07	-0.4	0.8	-0.29	-0.16	-0.44	-0.16	0.98	-0.36	0.32
Total Stockholder Equity	0.33	-0.27	-0.28		0.23	0.9	0.15	-0.47	0.14	-0.45	-0.77	0.61	-0.32	0.77	0.15	-0.13	0.68	0.28	-0.05	0.91	0.84	0.52	0.84	-0.37	0.62	0.7
Other Liab	0.92	0.61	0.63	0.23		0.31	0.25	0.43	-0.22	0.11	-0.1	0.06	0.55	0.07	0.3	0.02	0.08	-0.34	0.87	0.23	0.35	-0.09	0.37	0.5	0.17	0.76
Net Tangible Assets	0.31	-0.17	-0.17	0.9	0.31		0.41	-0.29	0.03	-0.48	-0.74	0.46	-0.18	0.76	0.37	-0.29	0.78	-0.06	0.04	0.8	0.86	0.36	0.86	-0.28	0.58	0.73
Retained Earnings	0.02	0.16	0.06	0.15	0.25	0.41		0.09	-0.1	-0.38	-0.41	0.15	-0.1	0.39	0.65	-0.43	0.29	-0.54	-0.01	-0.02	0.08	-0.07	0.11	0.02	0.4	0.29
Accounts Payable	0.32	0.79	0.79	-0.47	0.43	-0.29	0.09		-0.48	0.6	0.32	-0.6	0.81	-0.57	0.07	0.12	-0.03	-0.6	0.61	-0.49	-0.22	-0.64	-0.21	0.73	-0.59	0.03
Cash	-0.21	-0.33	-0.41	0.14	-0.22	0.03	-0.1	-0.48		-0.5	-0.17	0.55	-0.64	0.36	-0.4	0.0	-0.35	0.46	-0.43	-0.02	0.01	0.9	0.02	-0.38	0.49	-0.18
Other Assets	0.12	0.5	0.36	-0.45	0.11	-0.48	-0.38	0.6	-0.5		0.47	-0.42	0.57	-0.79	-0.14	0.27	-0.15	-0.28	0.33	-0.39	-0.27	-0.65	-0.28	0.3	-0.79	-0.28
Long Term Debt	-0.15	0.1	0.1	-0.77	-0.1	-0.74	-0.41	0.32	-0.17	0.47		-0.42	0.34	-0.66	-0.09	-0.05	-0.65	-0.15	0.18	-0.52	-0.63	-0.49	-0.62	0.16	-0.49	-0.51
Net Receivables	-0.04	-0.35	-0.55	0.61	0.06	0.46	0.15	-0.6	0.55	-0.42	-0.42		-0.68	0.63	0.08	-0.24	-0.01	0.3	-0.39	0.57	0.47	0.69	0.5	-0.61	0.69	0.17
Good Will	0.55	0.76	0.89	-0.32	0.55	-0.18	-0.1	0.81	-0.64	0.57	0.34	-0.68		-0.49	0.19	0.14	0.03	-0.5	0.83	-0.23	-0.14	-0.69	-0.15	0.86	-0.55	0.25
Common Stock Total Equity	0.11	-0.25	-0.34	0.77	0.07	0.76	0.39	-0.57	0.36	-0.79	-0.66	0.63	-0.49		0.38	-0.55	0.47	0.19	-0.22	0.7	0.49	0.6	0.49	-0.38	0.93	0.56
Retained Earnings Total Equity	0.15	0.31	0.14	0.15	0.3	0.37	0.65	0.07	-0.4	-0.14	-0.09	0.08	0.19	0.38		-0.69	0.29	-0.6	0.19	0.22	0.04	-0.36	0.04	0.09	0.35	0.37
Inventory	0.12	-0.07	0.23	-0.13	0.02	-0.29	-0.43	0.12	0.0	0.27	-0.05	-0.24	0.14	-0.55	-0.69		-0.23	0.35	0.12	-0.2	0.06	0.07	0.06	0.27	-0.54	-0.15
Other Current Assets	0.18	-0.04	-0.07	0.68	0.08	0.78	0.29	-0.03	-0.35	-0.15	-0.65	-0.01	0.03	0.47	0.29	-0.23		-0.15	0.05	0.57	0.66	-0.05	0.63	-0.16	0.2	0.57
Other Stockholder Equity	-0.1	-0.51	-0.4	0.28	-0.34	-0.06	-0.54	-0.6	0.46	-0.28	-0.15	0.3	-0.5	0.19	-0.6	0.35	-0.15		-0.34	0.32	0.1	0.59	0.1	-0.32	0.2	-0.09
Total Liab	0.89	0.69	0.8	-0.05	0.87	0.04	-0.01	0.61	-0.43	0.33	0.18	-0.39	0.83	-0.22	0.19	0.12	0.05	-0.34		0.02	0.1	-0.38	0.1	0.71	-0.15	0.62
Deferred Long Term Liab	0.33	-0.31	-0.29	0.91	0.23	0.8	-0.02	-0.49	-0.02	-0.39	-0.52	0.57	-0.23	0.7	0.22	-0.2	0.57	0.32	0.02		0.8	0.36	0.8	-0.36	0.57	0.66
Short Long Term Debt	0.36	-0.22	-0.16	0.84	0.35	0.86	0.08	-0.22	0.01	-0.27	-0.63	0.47	-0.14	0.49	0.04	0.06	0.66	0.1	0.1	0.8		0.36	1.0	-0.29	0.34	0.63
Total Current Assets	-0.03	-0.44	-0.44	0.52	-0.09	0.36	-0.07	-0.64	0.9	-0.65	-0.49	0.69	-0.69	0.6	-0.36	0.07	-0.05	0.59	-0.38	0.36	0.36		0.37	-0.43	0.66	0.14
Short Term Debt	0.36	-0.22	-0.16	0.84	0.37	0.86	0.11	-0.21	0.02	-0.28	-0.62	0.5	-0.15	0.49	0.04	0.06	0.63	0.1	0.1	0.8	1.0	0.37		-0.29	0.35	0.64
Intangible Assets	0.49	0.77	0.98	-0.37	0.5	-0.28	0.02	0.73	-0.38	0.3	0.16	-0.61	0.86	-0.38	0.09	0.27	-0.16	-0.32	0.71	-0.36	-0.29	-0.43	-0.29		-0.39	0.21
Common Stock	0.18	-0.22	-0.36	0.62	0.17	0.58	0.4	-0.59	0.49	-0.79	-0.49	0.69	-0.55	0.93	0.35	-0.54	0.2	0.2	-0.15	0.57	0.34	0.66	0.35	-0.39		0.51
Property Plant Equipment	0.84	0.28	0.32	0.7	0.76	0.73	0.29	0.03	-0.18	-0.28	-0.51	0.17	0.25	0.56	0.37	-0.15	0.57	-0.09	0.62	0.66	0.63	0.14	0.64	0.21	0.51

Click cells to compare fundamentals

Global Water Account Relationship Matchups

Global Water fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	266.1M	283.4M	294.1M	323.1M	361.1M	230.0M
Other Current Liab	7.5M	8.3M	9.2M	8.1M	7.7M	7.2M
Total Current Liabilities	10.1M	12.4M	16.9M	16.2M	14.2M	15.7M
Total Stockholder Equity	24.7M	32.2M	30.0M	44.4M	48.6M	51.1M
Other Liab	116.7M	126.2M	138.1M	155.9M	140.3M	97.9M
Net Tangible Assets	7.7M	32.2M	30.0M	44.4M	51.1M	53.6M
Accounts Payable	992K	531K	2.1M	2.2M	1.0M	1.7M
Cash	7.5M	18.0M	12.6M	6.6M	3.1M	2.9M
Other Assets	3.3M	5.3M	3.2M	4.2M	3.8M	3.6M
Long Term Debt	114.4M	112.7M	108.9M	104.9M	103.7M	94.8M
Net Receivables	4.1M	4.8M	4.7M	5.2M	2.8M	3.6M
Good Will	4.4M	4.6M	5.7M	5.0M	10.8M	9.2M
Common Stock Total Equity	216K	227K	228K	239K	274.9K	288.6K
Other Current Assets	675K	665K	1.6M	2.4M	5.8M	6.1M
Other Stockholder Equity	24.5M	32.0M	29.8M	31.8M	47.6M	46.4M
Total Liab	241.4M	251.3M	264.0M	278.7M	312.5M	213.9M
Deferred Long Term Liab	1.7M	2.0M	2.3M	3.2M	3.6M	3.8M
Short Long Term Debt	9K	7K	1.9M	3.8M	3.9M	4.1M
Short Term Debt	117K	2.0M	4.0M	4.3M	3.9M	4.1M
Intangible Assets	12.6M	11.2M	10.3M	10.1M	8.8M	15.7M
Common Stock	216K	227K	228K	239K	240K	121.3K
Property Plant Equipment	233.6M	238.9M	255.9M	289.6M	333.1M	249.8M
Common Stock Shares Outstanding	21.5M	22.6M	22.9M	23.3M	24.1M	22.8M
Short Long Term Debt Total	114.8M	114.7M	112.9M	110.9M	108.9M	91.4M
Property Plant And Equipment Net	233.6M	238.9M	255.9M	289.6M	325.1M	266.0M
Current Deferred Revenue	1.4M	1.6M	1.6M	1.7M	1.6M	1.3M
Net Debt	107.3M	96.7M	100.3M	104.3M	105.8M	83.0M
Non Current Assets Total	253.8M	260.0M	275.1M	308.9M	349.4M	291.5M
Non Currrent Assets Other	3.3M	5.3M	3.2M	(2.7M)	(3.6M)	(3.5M)
Cash And Short Term Investments	7.5M	18.0M	12.6M	6.6M	3.1M	2.9M
Liabilities And Stockholders Equity	266.1M	283.4M	294.1M	323.1M	361.1M	309.5M
Non Current Liabilities Total	231.3M	238.9M	247.1M	262.4M	298.3M	264.4M
Property Plant And Equipment Gross	233.6M	238.9M	369.2M	414.2M	467.4M	307.9M

Pair Trading with Global Water

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

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

The correlation of Global Water 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 Global Water moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Global Water Resources 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 Global Water 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 Global Water Resources is a strong investment it is important to analyze Global Water'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 Global Water's future performance. For an informed investment choice regarding Global Stock, refer to the following important reports:

How To Invest In Global

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Is Global Stock a good investment?

Details

What is Global Water's Net Worth?

Details

Largest Water Utilities Companies

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Largest Utilities - Regulated Water Companies

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Water Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

Complementary Tools for Global Stock analysis

When running Global Water's price analysis, check to measure Global Water'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 Global Water is operating at the current time. Most of Global Water's value examination focuses on studying past and present price action to predict the probability of Global Water's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Water's price. Additionally, you may evaluate how the addition of Global Water to your portfolios can decrease your overall portfolio volatility.

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Is Global Water's 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 Global Water. If investors know Global 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 Global Water 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

(0.71)

Dividend Share

0.306

Earnings Share

0.26

Revenue Per Share

2.135

Quarterly Revenue Growth

(0.12)

The market value of Global Water Resources is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global Water's value that differs from its market value or its book value, called intrinsic value, which is Global Water's 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 Global Water's market value can be influenced by many factors that don't directly affect Global Water's 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 Global Water's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Water is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Water'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.

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Global Cash vs Long Term Debt Analysis

Cash vs Long Term Debt

Cash vs Long Term Debt Correlation Analysis

Correlation Coefficient

Cash

Long Term Debt

Global Water fundamental ratios Correlations

Global Water Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Global Water fundamental ratios Accounts

Pair Trading with Global Water

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Term Debt	+ 1.0	Short Long Term Debt
Intangible Assets	+ 0.98	Total Current Liabilities
Common Stock	+ 0.93	Common Stock Total Equity
Other Liab	+ 0.92	Total Assets
Deferred Long Term Liab	+ 0.91	Total Stockholder Equity
Net Tangible Assets	+ 0.9	Total Stockholder Equity

Common Stock	- 0.79	Other Assets
Common Stock Total Equity	- 0.79	Other Assets
Long Term Debt	- 0.77	Total Stockholder Equity
Long Term Debt	- 0.74	Net Tangible Assets
Inventory	- 0.69	Retained Earnings Total Equity
Total Current Assets	- 0.69	Good Will