York Other Current Assets vs Long Term Debt Total Analysis

YORW Stock  USD 35.37  0.16  0.45%   
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 Other Current Assets and its Long Term Debt Total 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.

Other Current Assets vs Long Term Debt Total

Other Current Assets vs Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of York Water Other Current Assets account and Long Term Debt Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between York Water's Other Current Assets and Long Term Debt Total is 0.4. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Long Term Debt Total 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 Other Current Assets and Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of The York Water are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Other Current Assets i.e., York Water's Other Current Assets and Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Long Term Debt Total

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 Profit43.3M45.9M41.9M33.8M
Total Revenue55.1M60.1M71.0M39.2M

York Water fundamental ratios Correlations

0.99-0.160.70.991.00.840.980.980.941.00.760.740.960.651.00.940.32-0.791.00.520.460.520.95-0.44-0.44
0.99-0.090.720.960.980.871.00.960.930.990.810.680.930.580.990.960.29-0.840.990.520.440.570.9-0.44-0.44
-0.16-0.09-0.28-0.26-0.17-0.31-0.1-0.19-0.35-0.160.02-0.37-0.21-0.13-0.09-0.21-0.530.28-0.090.5-0.17-0.34-0.270.150.15
0.70.72-0.280.690.710.730.730.80.760.710.50.680.540.390.680.690.33-0.740.70.010.270.870.55-0.6-0.6
0.990.96-0.260.690.990.820.960.970.940.990.740.760.970.670.980.930.36-0.760.980.490.480.520.97-0.42-0.42
1.00.98-0.170.710.990.830.980.980.931.00.740.750.960.670.990.930.33-0.780.990.510.470.530.95-0.45-0.45
0.840.87-0.310.730.820.830.880.830.890.840.840.530.770.290.830.950.14-0.850.840.230.190.60.74-0.43-0.43
0.981.0-0.10.730.960.980.880.970.940.990.820.680.920.560.990.960.3-0.850.990.510.410.590.89-0.49-0.49
0.980.96-0.190.80.970.980.830.970.960.980.750.730.890.570.970.920.38-0.820.970.460.380.650.88-0.58-0.58
0.940.93-0.350.760.940.930.890.940.960.940.790.690.870.450.920.950.44-0.90.930.380.380.680.85-0.52-0.52
1.00.99-0.160.710.991.00.840.990.980.940.770.740.960.651.00.940.31-0.791.00.520.450.530.94-0.46-0.46
0.760.810.020.50.740.740.840.820.750.790.770.330.730.110.770.90.0-0.730.770.630.030.470.64-0.47-0.47
0.740.68-0.370.680.760.750.530.680.730.690.740.330.720.830.720.60.51-0.590.720.180.740.50.76-0.33-0.33
0.960.93-0.210.540.970.960.770.920.890.870.960.730.720.710.950.910.26-0.660.940.580.520.340.99-0.26-0.26
0.650.58-0.130.390.670.670.290.560.570.450.650.110.830.710.650.420.3-0.260.640.270.780.090.770.020.02
1.00.99-0.090.680.980.990.830.990.970.921.00.770.720.950.650.930.29-0.791.00.550.460.50.93-0.44-0.44
0.940.96-0.210.690.930.930.950.960.920.950.940.90.60.910.420.930.18-0.830.940.480.280.550.87-0.46-0.46
0.320.29-0.530.330.360.330.140.30.380.440.310.00.510.260.30.290.18-0.530.29-0.130.530.550.32-0.31-0.31
-0.79-0.840.28-0.74-0.76-0.78-0.85-0.85-0.82-0.9-0.79-0.73-0.59-0.66-0.26-0.79-0.83-0.53-0.8-0.21-0.38-0.78-0.640.510.51
1.00.99-0.090.70.980.990.840.990.970.931.00.770.720.940.641.00.940.29-0.80.530.450.530.93-0.45-0.45
0.520.520.50.010.490.510.230.510.460.380.520.630.180.580.270.550.48-0.13-0.210.530.18-0.050.5-0.12-0.12
0.460.44-0.170.270.480.470.190.410.380.380.450.030.740.520.780.460.280.53-0.380.450.180.170.570.280.28
0.520.57-0.340.870.520.530.60.590.650.680.530.470.50.340.090.50.550.55-0.780.53-0.050.170.34-0.67-0.67
0.950.9-0.270.550.970.950.740.890.880.850.940.640.760.990.770.930.870.32-0.640.930.50.570.34-0.24-0.24
-0.44-0.440.15-0.6-0.42-0.45-0.43-0.49-0.58-0.52-0.46-0.47-0.33-0.260.02-0.44-0.46-0.310.51-0.45-0.120.28-0.67-0.241.0
-0.44-0.440.15-0.6-0.42-0.45-0.43-0.49-0.58-0.52-0.46-0.47-0.33-0.260.02-0.44-0.46-0.310.51-0.45-0.120.28-0.67-0.241.0
Click cells to compare fundamentals

York Water Account Relationship Matchups

York Water fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets363.5M407.0M458.9M510.6M601.4M631.5M
Short Long Term Debt Total101.0M123.6M146.4M139.5M180.0M189.0M
Other Current Liab5.2M5.5M5.9M(41.7M)7.3M7.6M
Total Current Liabilities15.2M12.0M20.1M17.0M18.1M11.3M
Total Stockholder Equity134.2M143.3M152.6M207.2M221.2M232.2M
Property Plant And Equipment Net314.0M344.4M383.6M431.9M495.3M520.0M
Net Debt101.0M123.6M146.4M139.5M180.0M189.0M
Retained Earnings50.2M57.3M64.4M73.0M85.0M89.3M
Accounts Payable3.5M6.5M6.7M10.8M10.9M11.4M
Non Current Assets Total354.1M390.7M447.6M496.4M585.9M615.2M
Non Currrent Assets Other(274K)2.8M14.4M16.6M77.1M80.9M
Net Receivables7.2M8.8M8.3M10.9M11.7M6.1M
Common Stock Total Equity84.0M85.9M88.2M134.2M154.4M162.1M
Common Stock Shares Outstanding13.0M13.0M13.1M14.0M14.3M12.4M
Liabilities And Stockholders Equity363.5M407.0M458.9M510.6M601.4M631.5M
Non Current Liabilities Total214.2M251.7M286.1M286.4M362.1M380.2M
Inventory1.0M1.0M1.9M2.3M3.1M3.3M
Other Current Assets1.1M6.5M1.0M5.2M821K1.1M
Other Stockholder Equity73.7M78.9M85.3M(207.2M)(238.3M)(226.3M)
Total Liab229.3M263.7M306.2M303.4M380.3M399.3M
Property Plant And Equipment Gross314.0M344.4M717K696K612.9M643.5M
Total Current Assets9.4M16.3M11.3M14.2M15.6M9.0M
Short Term Debt1.0M1.0M6.5M7.5M6.8M3.6M
Common Stock84.0M85.9M88.2M134.2M136.2M143.0M
Other Liab117.4M125.4M145.2M146.3M168.2M176.6M
Other Assets40.2M390.7K64.0M64.5M74.1M77.8M
Long Term Debt94.5M123.6M138.9M139.5M180.0M90.8M
Net Tangible Assets134.2M143.3M152.6M207.2M186.5M131.4M
Retained Earnings Total Equity50.2M57.3M64.4M73.0M83.9M42.1M
Long Term Debt Total94.5M123.6M138.9M139.5M160.4M116.6M
Deferred Long Term Liab34.2M39.9M45.3M42.5M48.9M40.3M
Non Current Liabilities Other119.7M128.1M147.3M147.0M47.3M81.5M
Short Long Term Debt1.0M1.0M6.5M7.5M8.6M9.1M

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When determining whether York Water is a strong investment it is important to analyze York 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 York Water's future performance. For an informed investment choice regarding York Stock, refer to the following important reports:
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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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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.