MasTec Total Assets vs Retained Earnings Analysis

MTZ Stock

USD 91.00 2.58 2.92%

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 Total Assets and its Retained Earnings 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.

Total Assets vs Retained Earnings

Total Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MasTec Inc Total Assets account and Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.

The correlation between MasTec's Total Assets and Retained Earnings is 0.93. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Retained Earnings 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 Total Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of MasTec Inc are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Assets i.e., MasTec's Total Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.93

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Assets

Total assets refers to the total amount of MasTec 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 MasTec Inc 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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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

Gross Profit Total Revenue

MasTec fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock Total Equity	Common Stock
Total Assets		0.99	0.98	0.99	0.98	0.99	0.97	0.93	0.89	1.0	-0.4	0.89	0.99	0.11	1.0	0.59	0.06	0.07	1.0	0.93	1.0	0.96	0.94	0.94	0.59	0.54
Short Long Term Debt Total	0.99		0.97	0.99	0.93	0.97	0.99	0.88	0.85	0.99	-0.47	0.85	0.98	0.06	1.0	0.56	0.07	0.08	0.99	0.93	0.98	0.92	0.96	0.95	0.53	0.47
Other Current Liab	0.98	0.97		0.97	0.95	0.97	0.94	0.92	0.91	0.98	-0.37	0.91	0.96	0.0	0.97	0.48	0.08	0.12	0.98	0.93	0.97	0.94	0.93	0.88	0.5	0.44
Total Current Liabilities	0.99	0.99	0.97		0.95	0.98	0.97	0.9	0.9	0.99	-0.37	0.9	0.98	0.1	0.99	0.59	0.02	0.07	1.0	0.95	0.99	0.95	0.93	0.96	0.57	0.51
Total Stockholder Equity	0.98	0.93	0.95	0.95		0.98	0.91	0.97	0.89	0.97	-0.38	0.89	0.97	0.16	0.96	0.6	0.07	0.07	0.96	0.86	0.98	0.97	0.9	0.87	0.64	0.61
Property Plant And Equipment Net	0.99	0.97	0.97	0.98	0.98		0.94	0.96	0.91	0.99	-0.41	0.91	0.97	0.04	0.98	0.53	0.02	0.02	0.98	0.91	0.98	0.98	0.94	0.9	0.54	0.49
Net Debt	0.97	0.99	0.94	0.97	0.91	0.94		0.84	0.79	0.97	-0.5	0.79	0.97	0.1	0.99	0.59	0.09	0.1	0.98	0.9	0.96	0.88	0.95	0.94	0.54	0.48
Retained Earnings	0.93	0.88	0.92	0.9	0.97	0.96	0.84		0.89	0.92	-0.35	0.89	0.92	-0.01	0.91	0.46	0.04	-0.08	0.91	0.82	0.94	0.97	0.83	0.8	0.52	0.48
Cash	0.89	0.85	0.91	0.9	0.89	0.91	0.79	0.89		0.9	-0.26	1.0	0.83	-0.13	0.87	0.32	-0.05	-0.04	0.88	0.9	0.88	0.94	0.83	0.8	0.38	0.31
Non Current Assets Total	1.0	0.99	0.98	0.99	0.97	0.99	0.97	0.92	0.9		-0.4	0.9	0.98	0.09	1.0	0.57	0.04	0.08	1.0	0.94	0.99	0.96	0.95	0.94	0.57	0.52
Non Currrent Assets Other	-0.4	-0.47	-0.37	-0.37	-0.38	-0.41	-0.5	-0.35	-0.26	-0.4		-0.26	-0.41	-0.02	-0.43	-0.24	0.04	-0.14	-0.41	-0.17	-0.4	-0.32	-0.55	-0.37	-0.18	-0.2
Cash And Short Term Investments	0.89	0.85	0.91	0.9	0.89	0.91	0.79	0.89	1.0	0.9	-0.26		0.83	-0.13	0.87	0.32	-0.05	-0.04	0.88	0.9	0.88	0.94	0.83	0.8	0.38	0.31
Net Receivables	0.99	0.98	0.96	0.98	0.97	0.97	0.97	0.92	0.83	0.98	-0.41	0.83		0.17	0.99	0.64	0.1	0.07	0.98	0.89	1.0	0.93	0.9	0.94	0.63	0.59
Common Stock Shares Outstanding	0.11	0.06	0.0	0.1	0.16	0.04	0.1	-0.01	-0.13	0.09	-0.02	-0.13	0.17		0.08	0.72	0.11	0.51	0.09	-0.06	0.13	-0.01	0.02	0.18	0.82	0.86
Non Current Liabilities Total	1.0	1.0	0.97	0.99	0.96	0.98	0.99	0.91	0.87	1.0	-0.43	0.87	0.99	0.08		0.58	0.07	0.08	1.0	0.93	0.99	0.94	0.95	0.94	0.56	0.5
Inventory	0.59	0.56	0.48	0.59	0.6	0.53	0.59	0.46	0.32	0.57	-0.24	0.32	0.64	0.72	0.58		-0.09	0.22	0.58	0.43	0.62	0.48	0.49	0.67	0.82	0.84
Other Current Assets	0.06	0.07	0.08	0.02	0.07	0.02	0.09	0.04	-0.05	0.04	0.04	-0.05	0.1	0.11	0.07	-0.09		0.17	0.05	0.03	0.08	0.0	-0.01	-0.05	0.12	0.12
Other Stockholder Equity	0.07	0.08	0.12	0.07	0.07	0.02	0.1	-0.08	-0.04	0.08	-0.14	-0.04	0.07	0.51	0.08	0.22	0.17		0.07	0.03	0.06	-0.03	0.12	-0.04	0.43	0.42
Total Liab	1.0	0.99	0.98	1.0	0.96	0.98	0.98	0.91	0.88	1.0	-0.41	0.88	0.98	0.09	1.0	0.58	0.05	0.07		0.94	0.99	0.95	0.95	0.95	0.56	0.5
Property Plant And Equipment Gross	0.93	0.93	0.93	0.95	0.86	0.91	0.9	0.82	0.9	0.94	-0.17	0.9	0.89	-0.06	0.93	0.43	0.03	0.03	0.94		0.91	0.91	0.86	0.9	0.42	0.32
Total Current Assets	1.0	0.98	0.97	0.99	0.98	0.98	0.96	0.94	0.88	0.99	-0.4	0.88	1.0	0.13	0.99	0.62	0.08	0.06	0.99	0.91		0.95	0.92	0.94	0.61	0.57
Short Term Debt	0.96	0.92	0.94	0.95	0.97	0.98	0.88	0.97	0.94	0.96	-0.32	0.94	0.93	-0.01	0.94	0.48	0.0	-0.03	0.95	0.91	0.95		0.87	0.86	0.51	0.46
Intangible Assets	0.94	0.96	0.93	0.93	0.9	0.94	0.95	0.83	0.83	0.95	-0.55	0.83	0.9	0.02	0.95	0.49	-0.01	0.12	0.95	0.86	0.92	0.87		0.88	0.46	0.41
Accounts Payable	0.94	0.95	0.88	0.96	0.87	0.9	0.94	0.8	0.8	0.94	-0.37	0.8	0.94	0.18	0.94	0.67	-0.05	-0.04	0.95	0.9	0.94	0.86	0.88		0.58	0.52
Common Stock Total Equity	0.59	0.53	0.5	0.57	0.64	0.54	0.54	0.52	0.38	0.57	-0.18	0.38	0.63	0.82	0.56	0.82	0.12	0.43	0.56	0.42	0.61	0.51	0.46	0.58		0.98
Common Stock	0.54	0.47	0.44	0.51	0.61	0.49	0.48	0.48	0.31	0.52	-0.2	0.31	0.59	0.86	0.5	0.84	0.12	0.42	0.5	0.32	0.57	0.46	0.41	0.52	0.98

Click cells to compare fundamentals

MasTec Account Relationship Matchups

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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When determining whether MasTec Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MasTec's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mastec Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mastec Inc Stock:

How To Invest In MasTec

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Is MasTec Stock a good investment?

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What is MasTec's Net Worth?

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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.

You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

Complementary Tools for MasTec Stock analysis

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

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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

(0.64)

Revenue Per Share

154.716

Quarterly Revenue Growth

0.09

Return On Assets

0.0102

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.

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MasTec Total Assets vs Retained Earnings Analysis

Total Assets vs Retained Earnings

Total Assets vs Retained Earnings Correlation Analysis

Correlation Coefficient

Total Assets

Retained Earnings

MasTec fundamental ratios Correlations

MasTec Account Relationship Matchups

High Positive Relationship

High Negative Relationship

MasTec fundamental ratios Accounts

MasTec Investors Sentiment

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for MasTec Stock analysis

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Non Current Assets Total	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Total Current Liabilities

Intangible Assets	- 0.55	Non Currrent Assets Other
Non Currrent Assets Other	- 0.5	Net Debt
Non Currrent Assets Other	- 0.47	Short Long Term Debt Total
Non Current Liabilities Total	- 0.43	Non Currrent Assets Other
Total Liab	- 0.41	Non Currrent Assets Other
Net Receivables	- 0.41	Non Currrent Assets Other