York Cash And Short Term Investments vs Total Assets Analysis
YORW Stock | USD 38.34 0.95 2.54% |
York Water financial indicator trend analysis is more than just analyzing York Water current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether York Water is a good investment. Please check the relationship between York Water Cash And Short Term Investments and its Total Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in The York 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 metropolitan statistical area.
Cash And Short Term Investments vs Total Assets
Cash And Short Term Investments vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of York Water Cash And Short Term Investments account and Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between York Water's Cash And Short Term Investments and Total Assets is -0.44. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Total Assets in the same time period over historical financial statements of The York Water, assuming nothing else is changed. The correlation between historical values of York Water's Cash And Short Term Investments and Total 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 Cash And Short Term Investments of The York Water are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Cash And Short Term Investments i.e., York Water's Cash And Short Term Investments and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.44 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of York Water balance sheet. This account contains York Water investments that will expire within one year. These investments include stocks and bonds that can be liquidated by The York Water fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Total Assets
Total assets refers to the total amount of York Water assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in York Water books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from York Water's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into York 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in The York 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 metropolitan statistical area. At this time, York Water's Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.21 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 1.6 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 43.3M | 45.9M | 41.9M | 33.8M | Total Revenue | 55.1M | 60.1M | 71.0M | 39.2M |
York Water fundamental ratios Correlations
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York Water Account Relationship Matchups
High Positive Relationship
High Negative Relationship
York Water fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 363.5M | 407.0M | 458.9M | 510.6M | 601.4M | 631.5M | |
Short Long Term Debt Total | 101.0M | 123.6M | 146.4M | 139.5M | 180.0M | 189.0M | |
Other Current Liab | 5.2M | 5.5M | 5.9M | (41.7M) | 7.3M | 7.6M | |
Total Current Liabilities | 15.2M | 12.0M | 20.1M | 17.0M | 18.1M | 11.3M | |
Total Stockholder Equity | 134.2M | 143.3M | 152.6M | 207.2M | 221.2M | 232.2M | |
Property Plant And Equipment Net | 314.0M | 344.4M | 383.6M | 431.9M | 495.3M | 520.0M | |
Net Debt | 101.0M | 123.6M | 146.4M | 139.5M | 180.0M | 189.0M | |
Retained Earnings | 50.2M | 57.3M | 64.4M | 73.0M | 85.0M | 89.3M | |
Accounts Payable | 3.5M | 6.5M | 6.7M | 10.8M | 10.9M | 11.4M | |
Non Current Assets Total | 354.1M | 390.7M | 447.6M | 496.4M | 585.9M | 615.2M | |
Non Currrent Assets Other | (274K) | 2.8M | 14.4M | 16.6M | 77.1M | 80.9M | |
Net Receivables | 7.2M | 8.8M | 8.3M | 10.9M | 11.7M | 6.1M | |
Common Stock Total Equity | 84.0M | 85.9M | 88.2M | 134.2M | 154.4M | 162.1M | |
Common Stock Shares Outstanding | 13.0M | 13.0M | 13.1M | 14.0M | 14.3M | 12.4M | |
Liabilities And Stockholders Equity | 363.5M | 407.0M | 458.9M | 510.6M | 601.4M | 631.5M | |
Non Current Liabilities Total | 214.2M | 251.7M | 286.1M | 286.4M | 362.1M | 380.2M | |
Inventory | 1.0M | 1.0M | 1.9M | 2.3M | 3.1M | 3.3M | |
Other Current Assets | 1.1M | 6.5M | 1.0M | 5.2M | 821K | 1.1M | |
Other Stockholder Equity | 73.7M | 78.9M | 85.3M | (207.2M) | (238.3M) | (226.3M) | |
Total Liab | 229.3M | 263.7M | 306.2M | 303.4M | 380.3M | 399.3M | |
Property Plant And Equipment Gross | 314.0M | 344.4M | 717K | 696K | 612.9M | 643.5M | |
Total Current Assets | 9.4M | 16.3M | 11.3M | 14.2M | 15.6M | 9.0M | |
Short Term Debt | 1.0M | 1.0M | 6.5M | 7.5M | 6.8M | 3.6M | |
Common Stock | 84.0M | 85.9M | 88.2M | 134.2M | 136.2M | 143.0M | |
Other Liab | 117.4M | 125.4M | 145.2M | 146.3M | 168.2M | 176.6M | |
Other Assets | 40.2M | 390.7K | 64.0M | 64.5M | 74.1M | 77.8M | |
Long Term Debt | 94.5M | 123.6M | 138.9M | 139.5M | 180.0M | 90.8M | |
Net Tangible Assets | 134.2M | 143.3M | 152.6M | 207.2M | 186.5M | 131.4M | |
Retained Earnings Total Equity | 50.2M | 57.3M | 64.4M | 73.0M | 83.9M | 42.1M | |
Long Term Debt Total | 94.5M | 123.6M | 138.9M | 139.5M | 160.4M | 116.6M | |
Deferred Long Term Liab | 34.2M | 39.9M | 45.3M | 42.5M | 48.9M | 40.3M | |
Non Current Liabilities Other | 119.7M | 128.1M | 147.3M | 147.0M | 47.3M | 81.5M | |
Short Long Term Debt | 1.0M | 1.0M | 6.5M | 7.5M | 8.6M | 9.1M |
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 York 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, York Water's short interest history, or implied volatility extrapolated from York Water options trading.
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in The York 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 metropolitan statistical area. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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Is York 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 York Water. If investors know York 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 York 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 0.2 | Dividend Share 0.819 | Earnings Share 1.66 | Revenue Per Share 4.969 | Quarterly Revenue Growth 0.198 |
The market value of York Water is measured differently than its book value, which is the value of York that is recorded on the company's balance sheet. Investors also form their own opinion of York Water's value that differs from its market value or its book value, called intrinsic value, which is York 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 York Water's market value can be influenced by many factors that don't directly affect York 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 York Water's value and its price as these two are different measures arrived at by different means. Investors typically determine if York Water is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, York 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.