MasTec Property Plant And Equipment Gross vs Non Currrent Assets Other Analysis
MTZ Stock | USD 105.27 0.38 0.36% |
MasTec financial indicator trend analysis is infinitely more than just investigating MasTec Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MasTec Inc is a good investment. Please check the relationship between MasTec Property Plant And Equipment Gross and its Non Currrent Assets Other accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MasTec Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
Property Plant And Equipment Gross vs Non Currrent Assets Other
Property Plant And Equipment Gross vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MasTec Inc Property Plant And Equipment Gross account and Non Currrent Assets Other. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between MasTec's Property Plant And Equipment Gross and Non Currrent Assets Other is -0.17. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of MasTec Inc, assuming nothing else is changed. The correlation between historical values of MasTec's Property Plant And Equipment Gross and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of MasTec Inc are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Property Plant And Equipment Gross i.e., MasTec's Property Plant And Equipment Gross and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | -0.17 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Property Plant And Equipment Gross
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Most indicators from MasTec's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MasTec Inc 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 MasTec Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. At this time, MasTec's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.09 in 2024, whereas Discontinued Operations is likely to drop (7.8 M) in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.1B | 1.2B | 786.8M | 826.2M | Total Revenue | 8.0B | 9.8B | 12.0B | 12.6B |
MasTec fundamental ratios Correlations
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MasTec Account Relationship Matchups
High Positive Relationship
High Negative Relationship
MasTec fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.0B | 5.2B | 7.1B | 9.3B | 9.8B | 10.2B | |
Short Long Term Debt Total | 1.5B | 1.3B | 2.1B | 3.5B | 3.5B | 3.7B | |
Other Current Liab | 277.9M | 398.0M | 574.2M | 711.5M | 798.6M | 838.6M | |
Total Current Liabilities | 1.2B | 1.4B | 1.8B | 2.5B | 2.8B | 3.0B | |
Total Stockholder Equity | 1.8B | 2.0B | 2.5B | 2.7B | 2.7B | 2.8B | |
Property Plant And Equipment Net | 1.1B | 1.2B | 1.7B | 2.0B | 2.1B | 2.2B | |
Net Debt | 1.4B | 851.0M | 1.7B | 3.1B | 3.0B | 3.1B | |
Retained Earnings | 1.5B | 1.8B | 2.2B | 2.2B | 2.1B | 2.3B | |
Cash | 71.4M | 423.1M | 360.7M | 370.6M | 529.6M | 556.0M | |
Non Current Assets Total | 2.8B | 2.9B | 4.2B | 5.4B | 5.8B | 6.1B | |
Non Currrent Assets Other | 254.7M | 282.9M | 360.1M | (571.0B) | 395.4M | 415.2M | |
Cash And Short Term Investments | 71.4M | 423.1M | 360.7M | 370.6M | 529.6M | 556.0M | |
Net Receivables | 1.9B | 1.8B | 2.2B | 3.1B | 3.1B | 3.3B | |
Common Stock Shares Outstanding | 75.8M | 73.7M | 73.9M | 76.2M | 77.5M | 60.9M | |
Liabilities And Stockholders Equity | 5.0B | 5.2B | 7.1B | 9.3B | 9.8B | 10.2B | |
Non Current Liabilities Total | 2.0B | 1.8B | 2.8B | 4.1B | 4.2B | 4.4B | |
Inventory | 100.1M | 89.6M | 92.6M | 118.0M | 108.1M | 113.6M | |
Other Current Assets | 75.2M | 31.4M | 81.9M | 118.7M | 210.1M | 220.6M | |
Other Stockholder Equity | 347.5M | 254.1M | 450.7M | 582.7M | 603.4M | 375.5M | |
Total Liab | 3.2B | 3.2B | 4.6B | 6.6B | 7.0B | 7.4B | |
Property Plant And Equipment Gross | 1.1B | 1.2B | 1.7B | 2.0B | 4.0B | 4.2B | |
Total Current Assets | 2.2B | 2.4B | 2.9B | 3.9B | 4.0B | 4.2B | |
Accumulated Other Comprehensive Income | (75.7M) | (91.4M) | (78.8M) | (51.0M) | (53.0M) | (55.6M) | |
Short Term Debt | 200.0M | 217.6M | 233.3M | 268.4M | 315.0M | 330.8M | |
Intangible Assets | 211.5M | 184.0M | 670.3M | 946.3M | 784.3M | 823.5M | |
Accounts Payable | 535.0M | 571.3M | 663.1M | 1.1B | 1.2B | 1.3B | |
Common Stock Total Equity | 9.2M | 9.3M | 9.5M | 9.9M | 11.3M | 8.1M | |
Common Stock | 9.2M | 9.3M | 9.5M | 9.9M | 9.9M | 8.2M | |
Other Liab | 517.6M | 533.0M | 740.3M | 809.8M | 931.3M | 977.8M | |
Other Assets | 103K | 105K | (33K) | 41K | 36.9K | 35.1K | |
Long Term Debt | 1.3B | 1.2B | 1.9B | 3.1B | 2.9B | 3.0B | |
Property Plant Equipment | 905.8M | 982.3M | 1.7B | 2.0B | 2.3B | 2.5B | |
Current Deferred Revenue | 206.2M | 228.4M | 314.0M | 406.2M | 481.0M | 505.0M | |
Good Will | 1.2B | 1.2B | 1.5B | 2.0B | 2.1B | 2.2B | |
Net Tangible Assets | 354.3M | 574.8M | 353.0M | (254.0M) | (292.1M) | (277.5M) | |
Noncontrolling Interest In Consolidated Entity | 4.5M | 3.6M | 4.1M | 3.9M | 4.4M | 4.2M | |
Retained Earnings Total Equity | 1.5B | 1.8B | 2.2B | 2.2B | 2.5B | 2.7B | |
Long Term Debt Total | 1.3B | 1.2B | 1.9B | 3.1B | 3.5B | 3.7B |
MasTec Investors Sentiment
The influence of MasTec's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in MasTec. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to MasTec's public news can be used to forecast risks associated with an investment in MasTec. The trend in average sentiment can be used to explain how an investor holding MasTec can time the market purely based on public headlines and social activities around MasTec Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
MasTec's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for MasTec's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average MasTec's news discussions. The higher the estimated score, the more favorable is the investor's outlook on MasTec.
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 MasTec 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, MasTec's short interest history, or implied volatility extrapolated from MasTec options trading.
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Is MasTec'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 MasTec. If investors know MasTec 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 MasTec 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 (0.88) | Earnings Share (0.12) | Revenue Per Share 155.554 | Quarterly Revenue Growth 0.04 | Return On Assets 0.0157 |
The market value of MasTec Inc is measured differently than its book value, which is the value of MasTec that is recorded on the company's balance sheet. Investors also form their own opinion of MasTec's value that differs from its market value or its book value, called intrinsic value, which is MasTec'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 MasTec's market value can be influenced by many factors that don't directly affect MasTec'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 MasTec's value and its price as these two are different measures arrived at by different means. Investors typically determine if MasTec is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MasTec'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.