Middlesex Depreciation And Amortization vs Ebit Analysis
MSEX Stock | USD 50.39 1.21 2.46% |
Middlesex Water financial indicator trend analysis is infinitely more than just investigating Middlesex Water recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Middlesex Water is a good investment. Please check the relationship between Middlesex Water Depreciation And Amortization and its Ebit accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Middlesex Water. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. For more information on how to buy Middlesex Stock please use our How to Invest in Middlesex Water guide.
Depreciation And Amortization vs Ebit
Depreciation And Amortization vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Middlesex Water Depreciation And Amortization account and Ebit. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Middlesex Water's Depreciation And Amortization and Ebit is 0.46. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Ebit in the same time period over historical financial statements of Middlesex Water, assuming nothing else is changed. The correlation between historical values of Middlesex Water's Depreciation And Amortization and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Middlesex Water are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Depreciation And Amortization i.e., Middlesex Water's Depreciation And Amortization and Ebit go up and down completely randomly.
Correlation Coefficient | 0.46 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Ebit
Most indicators from Middlesex Water's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Middlesex Water 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Middlesex Water. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. For more information on how to buy Middlesex Stock please use our How to Invest in Middlesex Water guide.At this time, Middlesex Water's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 11 M in 2024, whereas Selling General Administrative is likely to drop slightly above 85.9 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 69.5M | 83.3M | 58.0M | 61.6M | Total Revenue | 143.1M | 162.4M | 166.3M | 85.8M |
Middlesex Water fundamental ratios Correlations
Click cells to compare fundamentals
Middlesex Water Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Middlesex Water fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 16.8M | 17.6M | 17.6M | 17.7M | 17.8M | 13.0M | |
Total Assets | 909.9M | 976.5M | 1.0B | 1.1B | 1.2B | 1.3B | |
Short Long Term Debt Total | 263.7M | 287.5M | 330.6M | 366.9M | 412.3M | 432.9M | |
Other Current Liab | 13.3M | 15.9M | 14.4M | 18.7M | 23.7M | 24.9M | |
Total Current Liabilities | 65.0M | 56.8M | 56.6M | 117.9M | 103.8M | 109.0M | |
Total Stockholder Equity | 325.9M | 348.3M | 369.8M | 402.4M | 425.1M | 446.3M | |
Property Plant And Equipment Net | 711.7M | 801.8M | 869.9M | 924.4M | 1.0B | 1.1B | |
Net Debt | 261.5M | 283.1M | 327.1M | 363.1M | 409.9M | 430.4M | |
Retained Earnings | 108.7M | 128.8M | 145.8M | 167.3M | 176.2M | 185.0M | |
Accounts Payable | 23.3M | 30.4M | 21.1M | 24.8M | 27.6M | 29.0M | |
Cash | 2.2M | 4.5M | 3.5M | 3.8M | 2.4M | 3.0M | |
Non Current Assets Total | 880.7M | 942.3M | 985.7M | 1.0B | 1.1B | 1.2B | |
Non Currrent Assets Other | 114.7M | 79.2M | 46.3M | 35.0M | 25.7M | 27.0M | |
Cash And Short Term Investments | 2.2M | 4.5M | 3.5M | 3.8M | 2.4M | 3.0M | |
Net Receivables | 19.1M | 21.6M | 22.6M | 24.7M | 97.3M | 102.2M | |
Common Stock Total Equity | 215.1M | 217.5M | 221.9M | 233.1M | 268.0M | 281.4M | |
Liabilities And Stockholders Equity | 909.9M | 976.5M | 1.0B | 1.1B | 1.2B | 1.3B | |
Non Current Liabilities Total | 519.0M | 571.3M | 593.6M | 554.2M | 707.1M | 742.5M | |
Inventory | 5.4M | 5.1M | 5.4M | 6.2M | 7.0M | 7.3M | |
Other Current Assets | 2.4M | 2.9M | 2.9M | 2.6M | 1.8M | 2.1M | |
Other Stockholder Equity | 215.1M | 217.5M | 221.9M | 233.1M | 246.8M | 259.1M | |
Total Liab | 584.0M | 628.2M | 650.2M | 672.0M | 811.0M | 851.5M | |
Property Plant And Equipment Gross | 711.7M | 801.8M | 1.1B | 1.1B | 1.2B | 1.3B | |
Total Current Assets | 29.1M | 34.1M | 34.4M | 37.3M | 108.5M | 114.0M | |
Accumulated Other Comprehensive Income | (215.1M) | (217.5M) | (221.9M) | (233.1M) | (246.8M) | (234.4M) | |
Common Stock | 215.1M | 217.5M | 221.9M | 233.1M | 246.8M | 234.4M | |
Current Deferred Revenue | 1.2M | 1.3M | 1.3M | 1.4M | 1.4M | 1.3M | |
Short Term Debt | 27.2M | 9.3M | 19.7M | 73.0M | 51.1M | 53.6M | |
Other Liab | 282.5M | 293.0M | 282.7M | 260.2M | 299.2M | 156.8M | |
Other Assets | 158.7M | 942.3M | 104.4M | 26K | 1.0 | 0.95 | |
Long Term Debt | 230.8M | 273.2M | 306.5M | 290.3M | 358.2M | 376.1M | |
Property Plant Equipment | 722.0M | 813.0M | 881.3M | 935.6M | 1.1B | 1.1B | |
Net Tangible Assets | 323.8M | 346.2M | 367.7M | 400.3M | 460.4M | 336.1M | |
Retained Earnings Total Equity | 108.7M | 128.8M | 145.8M | 167.3M | 192.4M | 202.0M | |
Long Term Debt Total | 230.8M | 273.2M | 306.5M | 290.3M | 333.8M | 171.0M | |
Deferred Long Term Liab | 112.5M | 123.3M | 104.3M | 92.9M | 106.8M | 84.1M | |
Non Current Liabilities Other | 288.2M | 298.1M | 287.1M | 263.9M | 122.9M | 190.5M | |
Short Long Term Debt | 27.2M | 9.3M | 19.7M | 73.0M | 50.5M | 33.0M | |
Net Invested Capital | 581.7M | 628.7M | 694.0M | 763.6M | 831.6M | 685.2M |
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 Middlesex 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, Middlesex Water's short interest history, or implied volatility extrapolated from Middlesex Water options trading.
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Middlesex Water. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. For more information on how to buy Middlesex Stock please use our How to Invest in Middlesex Water guide.Note that the Middlesex Water information on this page should be used as a complementary analysis to other Middlesex Water's 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 Stocks Directory module to find actively traded stocks across global markets.
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When running Middlesex Water's price analysis, check to measure Middlesex 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 Middlesex Water is operating at the current time. Most of Middlesex Water's value examination focuses on studying past and present price action to predict the probability of Middlesex 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 Middlesex Water's price. Additionally, you may evaluate how the addition of Middlesex Water to your portfolios can decrease your overall portfolio volatility.
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Is Middlesex 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 Middlesex Water. If investors know Middlesex 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 Middlesex 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 (0.20) | Dividend Share 1.263 | Earnings Share 1.76 | Revenue Per Share 9.377 | Quarterly Revenue Growth (0.01) |
The market value of Middlesex Water is measured differently than its book value, which is the value of Middlesex that is recorded on the company's balance sheet. Investors also form their own opinion of Middlesex Water's value that differs from its market value or its book value, called intrinsic value, which is Middlesex 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 Middlesex Water's market value can be influenced by many factors that don't directly affect Middlesex 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 Middlesex Water's value and its price as these two are different measures arrived at by different means. Investors typically determine if Middlesex Water is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Middlesex 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.