Mohawk Return On Assets vs Total Current Liabilities Analysis
MHK Stock | USD 120.36 0.51 0.42% |
Mohawk Industries financial indicator trend analysis is infinitely more than just investigating Mohawk Industries recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mohawk Industries is a good investment. Please check the relationship between Mohawk Industries Return On Assets and its Total Current Liabilities accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mohawk Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. For more information on how to buy Mohawk Stock please use our How to buy in Mohawk Stock guide.
Return On Assets vs Total Current Liabilities
Return On Assets vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mohawk Industries Return On Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Mohawk Industries' Return On Assets and Total Current Liabilities is -0.15. Overlapping area represents the amount of variation of Return On Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Mohawk Industries, assuming nothing else is changed. The correlation between historical values of Mohawk Industries' Return On Assets and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Return On Assets of Mohawk Industries are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Return On Assets i.e., Mohawk Industries' Return On Assets and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.15 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Return On Assets
A profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets.Total Current Liabilities
Total Current Liabilities is an item on Mohawk Industries balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Mohawk Industries 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.Most indicators from Mohawk Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mohawk Industries 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 Mohawk Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. For more information on how to buy Mohawk Stock please use our How to buy in Mohawk Stock guide.At this time, Mohawk Industries' Tax Provision is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.19 this year, although the value of Selling General Administrative will most likely fall to about 1.3 B.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 57.3M | 51.9M | 77.5M | 71.2M | Depreciation And Amortization | 591.7M | 595.5M | 630.3M | 661.8M |
Mohawk Industries fundamental ratios Correlations
Click cells to compare fundamentals
Mohawk Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mohawk Industries fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 13.4B | 14.3B | 14.2B | 14.1B | 13.6B | 7.0B | |
Short Long Term Debt Total | 2.9B | 3.1B | 2.7B | 3.2B | 3.2B | 1.8B | |
Other Current Liab | 1.6B | 1.9B | 923.1M | 957.8M | 927.1M | 529.1M | |
Total Current Liabilities | 2.7B | 2.4B | 2.9B | 3.1B | 3.1B | 3.3B | |
Total Stockholder Equity | 8.1B | 8.5B | 8.4B | 8.0B | 7.6B | 3.8B | |
Property Plant And Equipment Net | 5.0B | 4.9B | 5.0B | 5.0B | 5.4B | 5.7B | |
Net Debt | 2.8B | 2.3B | 2.5B | 2.7B | 2.5B | 1.7B | |
Retained Earnings | 7.2B | 7.6B | 7.7B | 7.4B | 7.0B | 7.3B | |
Accounts Payable | 1.6B | 1.9B | 1.2B | 1.1B | 1.0B | 786.3M | |
Cash | 134.8M | 768.6M | 268.9M | 509.6M | 642.6M | 674.7M | |
Non Current Assets Total | 9.0B | 9.0B | 9.0B | 8.2B | 8.0B | 4.4B | |
Non Currrent Assets Other | 436.4M | 447.3M | 205.1M | 390.6M | 1.3B | 1.4B | |
Cash And Short Term Investments | 134.8M | 1.3B | 591.9M | 667.6M | 642.6M | 329.8M | |
Net Receivables | 1.5B | 1.7B | 1.8B | 1.9B | 1.9B | 2.0B | |
Common Stock Shares Outstanding | 72.3M | 71.4M | 69.1M | 64.1M | 63.7M | 68.2M | |
Liabilities And Stockholders Equity | 13.4B | 14.3B | 14.2B | 14.1B | 13.6B | 7.0B | |
Non Current Liabilities Total | 2.5B | 3.4B | 2.8B | 3.0B | 2.8B | 1.8B | |
Inventory | 2.3B | 1.9B | 2.4B | 2.8B | 2.6B | 2.7B | |
Other Current Assets | 70.2M | 31.3M | 20.2M | 528.9M | 535.2M | 561.9M | |
Other Stockholder Equity | 1.7B | 1.7B | 1.7B | 1.7B | 1.7B | 994.6M | |
Total Liab | 5.3B | 5.8B | 5.8B | 6.1B | 5.9B | 3.2B | |
Total Current Assets | 4.4B | 5.4B | 5.2B | 5.9B | 5.6B | 5.9B | |
Short Term Debt | 1.2B | 475.3M | 728.9M | 945.8M | 1.1B | 1.2B | |
Intangible Assets | 928.9M | 951.6M | 900.0M | 857.9M | 875.4M | 1.0B | |
Property Plant And Equipment Gross | 5.0B | 4.9B | 5.0B | 5.0B | 10.8B | 11.4B | |
Accumulated Other Comprehensive Income | (765.8M) | (695.1M) | (967.0M) | (1.1B) | (1.1B) | (1.0B) | |
Common Stock Total Equity | 790K | 776K | 729K | 709K | 815.4K | 841.0K | |
Common Stock | 790K | 776K | 729K | 709K | 710K | 838.6K | |
Other Liab | 801.1M | 823.7M | 852.3M | 757.5M | 871.2M | 914.7M | |
Other Assets | 436.4M | 447.3M | 451.4M | 390.6M | 449.2M | 471.7M | |
Long Term Debt | 1.5B | 2.4B | 1.7B | 2.0B | 1.7B | 1.6B | |
Good Will | 2.6B | 2.7B | 2.6B | 1.9B | 1.2B | 2.0B | |
Treasury Stock | (215.7M) | (215.7M) | (215.6M) | (215.5M) | (247.9M) | (260.3M) | |
Property Plant Equipment | 4.7B | 4.6B | 5.0B | 5.0B | 5.8B | 6.1B | |
Current Deferred Revenue | (1.6B) | (1.9B) | 65.7M | 72.6M | 68.0M | 71.4M | |
Net Tangible Assets | 4.6B | 4.9B | 4.9B | 5.2B | 6.0B | 3.4B | |
Noncontrolling Interest In Consolidated Entity | 6.6M | 6.8M | 6.8M | 6.4M | 7.4M | 5.8M | |
Retained Earnings Total Equity | 7.2B | 7.6B | 7.7B | 7.4B | 8.5B | 5.5B |
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Mohawk Industries using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mohawk Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. For more information on how to buy Mohawk Stock please use our How to buy in Mohawk Stock guide.Note that the Mohawk Industries information on this page should be used as a complementary analysis to other Mohawk Industries' 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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Mohawk Stock analysis
When running Mohawk Industries' price analysis, check to measure Mohawk Industries' 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 Mohawk Industries is operating at the current time. Most of Mohawk Industries' value examination focuses on studying past and present price action to predict the probability of Mohawk Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mohawk Industries' price. Additionally, you may evaluate how the addition of Mohawk Industries to your portfolios can decrease your overall portfolio volatility.
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Stocks Directory Find actively traded stocks across global markets |
Is Mohawk Industries' 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 Mohawk Industries. If investors know Mohawk 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 Mohawk Industries 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 0.302 | Earnings Share (6.51) | Revenue Per Share 172.864 | Quarterly Revenue Growth (0.04) | Return On Assets 0.0358 |
The market value of Mohawk Industries is measured differently than its book value, which is the value of Mohawk that is recorded on the company's balance sheet. Investors also form their own opinion of Mohawk Industries' value that differs from its market value or its book value, called intrinsic value, which is Mohawk Industries' 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 Mohawk Industries' market value can be influenced by many factors that don't directly affect Mohawk Industries' 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 Mohawk Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mohawk Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mohawk Industries' 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.