Matthews Other Current Assets vs Property Plant And Equipment Gross Analysis

MATW Stock  USD 23.71  0.23  0.96%   
Matthews International financial indicator trend analysis is infinitely more than just investigating Matthews International recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Matthews International is a good investment. Please check the relationship between Matthews International Other Current Assets and its Property Plant And Equipment Gross accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Matthews International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Matthews Stock please use our How to Invest in Matthews International guide.

Other Current Assets vs Property Plant And Equipment Gross

Other Current Assets vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Matthews International Other Current Assets account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Matthews International's Other Current Assets and Property Plant And Equipment Gross is 0.43. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Matthews International, assuming nothing else is changed. The correlation between historical values of Matthews International's Other Current Assets and Property Plant And Equipment Gross 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 Matthews International are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Other Current Assets i.e., Matthews International's Other Current Assets and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.43
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.

Property Plant And Equipment Gross

Most indicators from Matthews International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Matthews International 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 Matthews International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Matthews Stock please use our How to Invest in Matthews International guide.At this time, Matthews International's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 9.98 in 2024, whereas Tax Provision is likely to drop slightly above 1.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit522.3M577.7M664.3M344.1M
Total Revenue1.8B1.9B2.2B2.3B

Matthews International fundamental ratios Correlations

0.830.40.540.90.480.820.910.450.320.990.380.320.980.060.890.480.630.210.850.130.750.620.830.990.72
0.830.650.820.70.821.00.690.740.210.810.20.210.81-0.220.980.80.780.320.990.550.950.540.70.80.75
0.40.650.880.150.770.660.30.9-0.050.340.33-0.040.4-0.510.570.830.720.00.680.640.740.580.070.330.6
0.540.820.880.320.940.820.40.980.180.480.240.180.54-0.520.740.970.830.120.850.780.920.470.220.490.75
0.90.70.150.320.320.690.940.210.420.930.230.410.90.010.780.30.370.060.7-0.030.620.470.870.950.69
0.480.820.770.940.320.830.370.90.120.43-0.050.120.5-0.590.710.980.680.110.810.910.910.380.20.450.74
0.821.00.660.820.690.830.680.730.160.810.20.170.8-0.220.970.80.770.330.990.560.940.560.70.790.74
0.910.690.30.40.940.370.680.280.340.910.30.340.91-0.160.760.380.4-0.160.710.010.640.660.750.940.79
0.450.740.90.980.210.90.730.280.180.380.250.180.45-0.490.650.940.830.150.770.780.870.390.110.380.68
0.320.21-0.050.180.420.120.160.340.180.3-0.031.00.22-0.140.260.180.37-0.150.25-0.080.35-0.220.250.380.49
0.990.810.340.480.930.430.810.910.380.30.380.290.970.110.890.420.580.240.830.060.710.620.890.990.68
0.380.20.330.240.23-0.050.20.30.25-0.030.38-0.030.330.210.310.020.450.140.31-0.310.180.530.30.320.09
0.320.21-0.040.180.410.120.170.340.181.00.29-0.030.22-0.140.260.190.37-0.150.26-0.070.35-0.220.250.370.49
0.980.810.40.540.90.50.80.910.450.220.970.330.220.00.860.490.530.160.820.180.740.670.790.970.74
0.06-0.22-0.51-0.520.01-0.59-0.22-0.16-0.49-0.140.110.21-0.140.0-0.12-0.62-0.130.64-0.23-0.6-0.44-0.240.340.03-0.62
0.890.980.570.740.780.710.970.760.650.260.890.310.260.86-0.120.690.760.340.980.390.90.580.810.870.74
0.480.80.830.970.30.980.80.380.940.180.420.020.190.49-0.620.690.740.040.80.880.920.390.150.440.78
0.630.780.720.830.370.680.770.40.830.370.580.450.370.53-0.130.760.740.330.820.430.820.350.420.560.58
0.210.320.00.120.060.110.33-0.160.15-0.150.240.14-0.150.160.640.340.040.330.30.10.15-0.130.450.14-0.29
0.850.990.680.850.70.810.990.710.770.250.830.310.260.82-0.230.980.80.820.30.510.960.590.690.820.78
0.130.550.640.78-0.030.910.560.010.78-0.080.06-0.31-0.070.18-0.60.390.880.430.10.510.660.13-0.140.090.49
0.750.950.740.920.620.910.940.640.870.350.710.180.350.74-0.440.90.920.820.150.960.660.480.50.730.87
0.620.540.580.470.470.380.560.660.39-0.220.620.53-0.220.67-0.240.580.390.35-0.130.590.130.480.40.580.55
0.830.70.070.220.870.20.70.750.110.250.890.30.250.790.340.810.150.420.450.69-0.140.50.40.850.38
0.990.80.330.490.950.450.790.940.380.380.990.320.370.970.030.870.440.560.140.820.090.730.580.850.74
0.720.750.60.750.690.740.740.790.680.490.680.090.490.74-0.620.740.780.58-0.290.780.490.870.550.380.74
Click cells to compare fundamentals

Matthews International Account Relationship Matchups

Matthews International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.1B2.0B1.9B1.9B2.2B1.2B
Short Long Term Debt Total834.5M763.7M798.6M864.4M994.0M1.0B
Other Current Liab176.4M205.6M254.6M203.1M233.6M245.3M
Total Current Liabilities316.9M354.2M411.4M394.6M453.8M476.5M
Total Stockholder Equity611.4M636.4M487.1M525.7M604.5M456.0M
Property Plant And Equipment Net236.8M223.7M256.1M342.0M393.2M412.9M
Net Debt793.2M714.5M729.6M822.3M945.6M992.9M
Retained Earnings859.0M834.2M706.7M714.7M821.9M569.3M
Accounts Payable82.9M112.7M121.4M114.3M131.5M138.0M
Cash41.3M49.2M69.0M42.1M48.4M51.3M
Non Current Assets Total1.5B1.4B1.3B1.2B1.4B816.2M
Non Currrent Assets Other94.4M115.0M90.9M8.2M9.5M9.0M
Cash And Short Term Investments41.3M49.2M69.0M42.1M48.4M51.8M
Net Receivables295.2M309.8M221.0M282.2M324.5M174.7M
Common Stock Shares Outstanding31.2M32.0M31.4M31.3M28.2M25.7M
Liabilities And Stockholders Equity2.1B2.0B1.9B1.9B2.2B1.2B
Non Current Liabilities Total1.1B1.0B984.3M967.5M1.1B1.2B
Inventory175.1M189.1M225.4M260.4M299.5M314.4M
Other Current Assets64.0M76.1M110.7M63.6M73.1M76.8M
Other Stockholder Equity(43.8M)(41.3M)(65.5M)(51.0M)(45.9M)(48.2M)
Total Liab1.5B1.4B1.4B1.4B1.6B1.6B
Property Plant And Equipment Gross236.8M223.7M256.1M758.6M872.4M916.0M
Total Current Assets575.6M624.2M628.6M648.3M745.5M782.8M
Accumulated Other Comprehensive Income(240.7M)(192.7M)(190.2M)(174.4M)(157.0M)(149.1M)
Short Term Debt53.9M31.7M26.1M27.7M31.8M20.3M
Intangible Assets333.5M261.5M202.2M160.5M184.5M178.0M
Good Will765.4M773.8M675.4M698.1M802.8M473.1M
Other Liab292.4M282.7M282.4M137.6M158.2M158.2M
Other Assets40.2M30.7M148.9M19.7M22.6M40.9M
Long Term Debt807.7M759.1M795.3M786.5M904.5M485.0M
Treasury Stock(200.2M)(179.0M)(190.7M)(225.8M)(203.2M)(213.4M)
Property Plant Equipment237.4M236.8M223.7M328.0M377.2M396.1M
Current Deferred Revenue(82.9M)(112.7M)31.9M36.9M33.2M34.9M
Net Tangible Assets(529.4M)610.8M(398.9M)(390.2M)(351.2M)(333.6M)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Matthews Stock Analysis

When running Matthews International's price analysis, check to measure Matthews International'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 Matthews International is operating at the current time. Most of Matthews International's value examination focuses on studying past and present price action to predict the probability of Matthews International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Matthews International's price. Additionally, you may evaluate how the addition of Matthews International to your portfolios can decrease your overall portfolio volatility.