Global Change To Inventory vs Net Income Analysis
GWRS Stock | USD 12.76 0.01 0.08% |
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 Change To Inventory and its Net Income 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.
Change To Inventory vs Net Income
Change To Inventory vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Global Water Resources Change To Inventory account and Net Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Global Water's Change To Inventory and Net Income is -0.84. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Net Income 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 Change To Inventory and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Global Water Resources are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Change To Inventory i.e., Global Water's Change To Inventory and Net Income go up and down completely randomly.
Correlation Coefficient | -0.84 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Global Water Resources financial statement analysis. It represents the amount of money remaining after all of Global Water Resources operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.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 |
Global Water fundamental ratios Correlations
Click cells to compare fundamentals
Global Water Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
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 Global Water 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, Global Water's short interest history, or implied volatility extrapolated from Global Water options trading.
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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 0.26 | Dividend Share 0.301 | Earnings Share 0.33 | Revenue Per Share 2.205 | Quarterly Revenue Growth 0.114 |
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.