Tidewater Total Current Liabilities vs Other Assets Analysis

TDW-WT Stock

USD 0.73 0.02 2.67%

Tidewater financial indicator trend analysis is much more than just breaking down Tidewater prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tidewater is a good investment. Please check the relationship between Tidewater Total Current Liabilities and its Other Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tidewater. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Tidewater Stock please use our How to Invest in Tidewater guide.

Total Current Liabilities vs Other Assets

Total Current Liabilities vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tidewater Total Current Liabilities account and Other Assets. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Tidewater's Total Current Liabilities and Other Assets is -0.23. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Assets in the same time period over historical financial statements of Tidewater, assuming nothing else is changed. The correlation between historical values of Tidewater's Total Current Liabilities and Other Assets 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 Current Liabilities of Tidewater are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Total Current Liabilities i.e., Tidewater's Total Current Liabilities and Other Assets go up and down completely randomly.

Correlation Coefficient

-0.23

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Total Current Liabilities

Total Current Liabilities is an item on Tidewater balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Tidewater are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Other Assets

Most indicators from Tidewater's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tidewater 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Tidewater. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Tidewater Stock please use our How to Invest in Tidewater guide.At this time, Tidewater's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.15 in 2024, whereas Enterprise Value Over EBITDA is likely to drop 11.20 in 2024.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	68.2M	99.9M	94.2M	130.8M
Cost Of Revenue	378.6M	518.6M	741.2M	599.9M

Total Operating Expenses Cost Of Revenue

Tidewater fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Good Will	Current Deferred Revenue	Accounts Payable	Other Assets
Total Assets		0.93	0.69	0.57	0.95	0.99	0.96	0.91	0.25	0.99	-0.2	0.24	0.88	-0.43	0.66	0.73	0.32	-0.75	0.96	0.75	0.51	0.73	0.33	-0.54	0.49	0.29
Short Long Term Debt Total	0.93		0.74	0.8	0.77	0.9	0.95	0.78	0.51	0.87	-0.2	0.5	0.82	-0.4	0.4	0.49	0.33	-0.69	0.99	0.89	0.75	0.66	0.29	-0.47	0.3	0.06
Other Current Liab	0.69	0.74		0.53	0.56	0.7	0.77	0.53	0.18	0.67	0.03	0.17	0.73	-0.17	0.4	0.33	0.28	-0.44	0.75	0.58	0.43	0.5	0.13	-0.59	0.35	-0.04
Total Current Liabilities	0.57	0.8	0.53		0.32	0.52	0.63	0.41	0.81	0.47	-0.18	0.8	0.41	-0.28	-0.22	0.0	0.37	-0.44	0.74	0.83	0.99	0.42	0.11	-0.25	-0.05	-0.23
Total Stockholder Equity	0.95	0.77	0.56	0.32		0.96	0.85	0.91	0.03	0.98	-0.17	0.03	0.83	-0.4	0.8	0.84	0.27	-0.72	0.83	0.57	0.28	0.7	0.35	-0.55	0.58	0.44
Property Plant And Equipment Net	0.99	0.9	0.7	0.52	0.96		0.96	0.92	0.16	1.0	-0.2	0.16	0.89	-0.44	0.7	0.75	0.28	-0.77	0.94	0.69	0.46	0.75	0.31	-0.56	0.51	0.32
Net Debt	0.96	0.95	0.77	0.63	0.85	0.96		0.86	0.23	0.94	-0.18	0.23	0.9	-0.42	0.6	0.64	0.26	-0.74	0.98	0.74	0.56	0.73	0.26	-0.53	0.42	0.21
Retained Earnings	0.91	0.78	0.53	0.41	0.91	0.92	0.86		0.09	0.93	-0.46	0.09	0.79	-0.71	0.69	0.84	0.23	-0.93	0.84	0.58	0.38	0.9	0.06	-0.36	0.67	0.57
Cash	0.25	0.51	0.18	0.81	0.03	0.16	0.23	0.09		0.12	-0.19	1.0	0.09	-0.12	-0.43	-0.24	0.35	-0.14	0.42	0.76	0.83	0.07	0.19	0.03	-0.24	-0.4
Non Current Assets Total	0.99	0.87	0.67	0.47	0.98	1.0	0.94	0.93	0.12		-0.17	0.12	0.86	-0.42	0.73	0.79	0.24	-0.76	0.92	0.65	0.42	0.75	0.32	-0.58	0.54	0.38
Non Currrent Assets Other	-0.2	-0.2	0.03	-0.18	-0.17	-0.2	-0.18	-0.46	-0.19	-0.17		-0.19	-0.24	0.86	-0.08	-0.23	-0.18	0.63	-0.21	-0.29	-0.19	-0.51	0.45	-0.4	-0.28	-0.32
Cash And Short Term Investments	0.24	0.5	0.17	0.8	0.03	0.16	0.23	0.09	1.0	0.12	-0.19		0.09	-0.12	-0.43	-0.25	0.36	-0.14	0.42	0.76	0.83	0.06	0.19	0.03	-0.24	-0.4
Net Receivables	0.88	0.82	0.73	0.41	0.83	0.89	0.9	0.79	0.09	0.86	-0.24	0.09		-0.39	0.72	0.62	0.46	-0.64	0.86	0.71	0.3	0.58	0.26	-0.33	0.43	0.14
Common Stock Shares Outstanding	-0.43	-0.4	-0.17	-0.28	-0.4	-0.44	-0.42	-0.71	-0.12	-0.42	0.86	-0.12	-0.39		-0.26	-0.53	-0.08	0.89	-0.43	-0.34	-0.29	-0.84	0.57	-0.24	-0.62	-0.61
Non Current Liabilities Total	0.66	0.4	0.4	-0.22	0.8	0.7	0.6	0.69	-0.43	0.73	-0.08	-0.43	0.72	-0.26		0.83	0.01	-0.49	0.49	0.17	-0.29	0.47	0.28	-0.39	0.59	0.49
Inventory	0.73	0.49	0.33	0.0	0.84	0.75	0.64	0.84	-0.24	0.79	-0.23	-0.25	0.62	-0.53	0.83		0.05	-0.72	0.57	0.24	-0.02	0.74	0.03	-0.39	0.83	0.74
Other Current Assets	0.32	0.33	0.28	0.37	0.27	0.28	0.26	0.23	0.35	0.24	-0.18	0.36	0.46	-0.08	0.01	0.05		-0.14	0.34	0.56	0.31	0.02	0.23	0.04	0.03	-0.23
Other Stockholder Equity	-0.75	-0.69	-0.44	-0.44	-0.72	-0.77	-0.74	-0.93	-0.14	-0.76	0.63	-0.14	-0.64	0.89	-0.49	-0.72	-0.14		-0.73	-0.51	-0.44	-0.97	0.25	0.15	-0.67	-0.62
Total Liab	0.96	0.99	0.75	0.74	0.83	0.94	0.98	0.84	0.42	0.92	-0.21	0.42	0.86	-0.43	0.49	0.57	0.34	-0.73		0.86	0.68	0.7	0.3	-0.5	0.36	0.13
Total Current Assets	0.75	0.89	0.58	0.83	0.57	0.69	0.74	0.58	0.76	0.65	-0.29	0.76	0.71	-0.34	0.17	0.24	0.56	-0.51	0.86		0.78	0.42	0.31	-0.19	0.11	-0.18
Short Term Debt	0.51	0.75	0.43	0.99	0.28	0.46	0.56	0.38	0.83	0.42	-0.19	0.83	0.3	-0.29	-0.29	-0.02	0.31	-0.44	0.68	0.78		0.42	0.08	-0.23	-0.06	-0.18
Common Stock	0.73	0.66	0.5	0.42	0.7	0.75	0.73	0.9	0.07	0.75	-0.51	0.06	0.58	-0.84	0.47	0.74	0.02	-0.97	0.7	0.42	0.42		-0.34	-0.23	0.76	0.68
Good Will	0.33	0.29	0.13	0.11	0.35	0.31	0.26	0.06	0.19	0.32	0.45	0.19	0.26	0.57	0.28	0.03	0.23	0.25	0.3	0.31	0.08	-0.34		-0.53	-0.39	-0.42
Current Deferred Revenue	-0.54	-0.47	-0.59	-0.25	-0.55	-0.56	-0.53	-0.36	0.03	-0.58	-0.4	0.03	-0.33	-0.24	-0.39	-0.39	0.04	0.15	-0.5	-0.19	-0.23	-0.23	-0.53		-0.18	-0.07
Accounts Payable	0.49	0.3	0.35	-0.05	0.58	0.51	0.42	0.67	-0.24	0.54	-0.28	-0.24	0.43	-0.62	0.59	0.83	0.03	-0.67	0.36	0.11	-0.06	0.76	-0.39	-0.18		0.84
Other Assets	0.29	0.06	-0.04	-0.23	0.44	0.32	0.21	0.57	-0.4	0.38	-0.32	-0.4	0.14	-0.61	0.49	0.74	-0.23	-0.62	0.13	-0.18	-0.18	0.68	-0.42	-0.07	0.84

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Tidewater Account Relationship Matchups

Tidewater fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.6B	1.3B	1.1B	1.3B	2.1B	2.6B
Short Long Term Debt Total	288.9M	192.7M	167.9M	169.0M	741.5M	605.0M
Other Current Liab	5.4M	8.9M	135.1M	153.1M	173.9M	182.6M
Total Current Liabilities	185.7M	183.2M	157.9M	194.8M	328.7M	348.4M
Total Stockholder Equity	1.0B	822.1M	701.3M	866.0M	1.0B	1.6B
Property Plant And Equipment Net	939.0M	780.3M	688.0M	796.7M	1.3B	1.7B
Net Debt	70.6M	42.8M	18.8M	4.8M	465.9M	318.0M
Retained Earnings	(352.5M)	(548.9M)	(677.9M)	(699.6M)	(637.8M)	(605.9M)
Cash	218.3M	149.9M	149.0M	164.2M	275.7M	208.9M
Non Current Assets Total	1.0B	862.5M	753.1M	919.7M	1.5B	2.0B
Non Currrent Assets Other	98.3M	82.2M	65.1M	123.1M	152.4M	160.0M
Cash And Short Term Investments	218.3M	149.9M	149.0M	164.2M	275.7M	209.2M
Net Receivables	236.2M	174.7M	156.6M	156.5M	268.4M	301.3M
Common Stock Shares Outstanding	38.2M	40.4M	41.0M	44.1M	52.9M	55.6M
Liabilities And Stockholders Equity	1.6B	1.3B	1.1B	1.3B	2.1B	2.6B
Non Current Liabilities Total	377.4M	244.7M	236.1M	236.9M	696.3M	616.7M
Inventory	21.9M	15.9M	12.6M	30.8M	31.9M	28.9M
Other Current Assets	16.0M	11.7M	8.7M	21.0M	9.8M	10.8M
Other Stockholder Equity	1.4B	1.4B	1.4B	1.6B	1.7B	1.8B
Total Liab	563.1M	427.9M	394.0M	431.7M	1.0B	965.1M
Total Current Assets	537.3M	388.6M	342.7M	377.9M	585.7M	566.2M
Accumulated Other Comprehensive Income	(236K)	(804K)	2.7M	8.6M	5.3M	5.5M
Short Term Debt	9.9M	27.8M	1.4M	2.1M	104.9M	99.6M
Common Stock	37K	40K	41K	51K	52K	49.4K
Current Deferred Revenue	109.9M	142.8M	129.5M	600K	5M	4.8M
Accounts Payable	27.5M	17.0M	20.8M	38.9M	44.9M	41.0M

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