Matthews Net Income vs Tax Provision Analysis

MATW Stock

USD 29.70 0.59 2.03%

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 Net Income and its Tax Provision 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 tightly coupled 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.

Net Income vs Tax Provision

Net Income vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Matthews International Net Income account and Tax Provision. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Matthews International's Net Income and Tax Provision is 0.54. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Tax Provision 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 Net Income and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Matthews International are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Net Income i.e., Matthews International's Net Income and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.54

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Matthews International financial statement analysis. It represents the amount of money remaining after all of Matthews International operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

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 tightly coupled 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 is likely to climb to about 2.7 B in 2024, whereas Selling General Administrative is likely to drop slightly above 181 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	522.3M	577.7M	664.3M	344.1M
Total Revenue	1.8B	1.9B	2.2B	2.3B

Gross Profit Total Revenue

Matthews International 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	Accounts Payable	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	Good Will	Common Stock Total Equity
Total Assets		0.87	0.36	0.54	0.9	0.67	0.86	0.91	0.45	0.32	0.99	0.31	0.32	0.95	0.06	0.89	0.48	0.32	0.21	0.85	0.13	0.75	0.42	0.83	0.99	0.72
Short Long Term Debt Total	0.87		0.53	0.78	0.75	0.89	1.0	0.74	0.68	0.24	0.86	0.49	0.24	0.8	-0.16	0.99	0.74	0.62	0.33	0.99	0.45	0.92	0.26	0.77	0.85	0.74
Other Current Liab	0.36	0.53		0.82	0.1	0.69	0.54	0.25	0.86	-0.14	0.31	0.9	-0.14	0.29	-0.43	0.52	0.73	0.69	0.06	0.63	0.56	0.66	-0.21	0.04	0.28	0.52
Total Current Liabilities	0.54	0.78	0.82		0.32	0.95	0.77	0.4	0.98	0.18	0.48	0.82	0.18	0.39	-0.52	0.74	0.97	0.92	0.12	0.85	0.78	0.92	-0.23	0.22	0.49	0.75
Total Stockholder Equity	0.9	0.75	0.1	0.32		0.53	0.74	0.94	0.21	0.42	0.93	0.04	0.41	0.95	0.01	0.78	0.3	0.07	0.06	0.7	-0.03	0.62	0.6	0.87	0.95	0.69
Property Plant And Equipment Net	0.67	0.89	0.69	0.95	0.53		0.89	0.58	0.89	0.24	0.63	0.66	0.24	0.54	-0.52	0.85	0.95	0.85	0.1	0.92	0.75	0.98	0.0	0.41	0.65	0.84
Net Debt	0.86	1.0	0.54	0.77	0.74	0.89		0.73	0.68	0.19	0.86	0.51	0.19	0.79	-0.15	0.99	0.74	0.62	0.34	0.99	0.46	0.91	0.27	0.76	0.84	0.73
Retained Earnings	0.91	0.74	0.25	0.4	0.94	0.58	0.73		0.28	0.34	0.91	0.13	0.34	0.94	-0.16	0.76	0.38	0.11	-0.16	0.71	0.01	0.64	0.65	0.75	0.94	0.79
Accounts Payable	0.45	0.68	0.86	0.98	0.21	0.89	0.68	0.28		0.18	0.38	0.84	0.18	0.29	-0.49	0.65	0.94	0.93	0.15	0.77	0.78	0.87	-0.37	0.11	0.38	0.68
Cash	0.32	0.24	-0.14	0.18	0.42	0.24	0.19	0.34	0.18		0.3	-0.17	1.0	0.29	-0.14	0.26	0.18	0.09	-0.15	0.25	-0.08	0.35	-0.08	0.25	0.38	0.49
Non Current Assets Total	0.99	0.86	0.31	0.48	0.93	0.63	0.86	0.91	0.38	0.3		0.26	0.29	0.97	0.11	0.89	0.42	0.24	0.24	0.83	0.06	0.71	0.49	0.89	0.99	0.68
Non Currrent Assets Other	0.31	0.49	0.9	0.82	0.04	0.66	0.51	0.13	0.84	-0.17	0.26		-0.17	0.21	-0.32	0.48	0.71	0.73	0.21	0.59	0.59	0.62	-0.37	0.02	0.22	0.39
Cash And Short Term Investments	0.32	0.24	-0.14	0.18	0.41	0.24	0.19	0.34	0.18	1.0	0.29	-0.17		0.29	-0.14	0.26	0.19	0.1	-0.15	0.26	-0.07	0.35	-0.08	0.25	0.37	0.49
Net Receivables	0.95	0.8	0.29	0.39	0.95	0.54	0.79	0.94	0.29	0.29	0.97	0.21	0.29		0.08	0.84	0.31	0.09	0.14	0.77	-0.07	0.64	0.59	0.89	0.96	0.65
Common Stock Shares Outstanding	0.06	-0.16	-0.43	-0.52	0.01	-0.52	-0.15	-0.16	-0.49	-0.14	0.11	-0.32	-0.14	0.08		-0.12	-0.62	-0.47	0.64	-0.23	-0.6	-0.44	0.05	0.34	0.03	-0.62
Non Current Liabilities Total	0.89	0.99	0.52	0.74	0.78	0.85	0.99	0.76	0.65	0.26	0.89	0.48	0.26	0.84	-0.12		0.69	0.56	0.34	0.98	0.39	0.9	0.29	0.81	0.87	0.74
Inventory	0.48	0.74	0.73	0.97	0.3	0.95	0.74	0.38	0.94	0.18	0.42	0.71	0.19	0.31	-0.62	0.69		0.94	0.04	0.8	0.88	0.92	-0.22	0.15	0.44	0.78
Other Current Assets	0.32	0.62	0.69	0.92	0.07	0.85	0.62	0.11	0.93	0.09	0.24	0.73	0.1	0.09	-0.47	0.56	0.94		0.24	0.69	0.91	0.8	-0.48	0.02	0.25	0.56
Other Stockholder Equity	0.21	0.33	0.06	0.12	0.06	0.1	0.34	-0.16	0.15	-0.15	0.24	0.21	-0.15	0.14	0.64	0.34	0.04	0.24		0.3	0.1	0.15	-0.25	0.45	0.15	-0.29
Total Liab	0.85	0.99	0.63	0.85	0.7	0.92	0.99	0.71	0.77	0.25	0.83	0.59	0.26	0.77	-0.23	0.98	0.8	0.69	0.3		0.51	0.96	0.17	0.69	0.82	0.78
Property Plant And Equipment Gross	0.13	0.45	0.56	0.78	-0.03	0.75	0.46	0.01	0.78	-0.08	0.06	0.59	-0.07	-0.07	-0.6	0.39	0.88	0.91	0.1	0.51		0.66	-0.41	-0.14	0.09	0.49
Total Current Assets	0.75	0.92	0.66	0.92	0.62	0.98	0.91	0.64	0.87	0.35	0.71	0.62	0.35	0.64	-0.44	0.9	0.92	0.8	0.15	0.96	0.66		0.01	0.5	0.73	0.87
Short Term Debt	0.42	0.26	-0.21	-0.23	0.6	0.0	0.27	0.65	-0.37	-0.08	0.49	-0.37	-0.08	0.59	0.05	0.29	-0.22	-0.48	-0.25	0.17	-0.41	0.01		0.57	0.48	0.22
Intangible Assets	0.83	0.77	0.04	0.22	0.87	0.41	0.76	0.75	0.11	0.25	0.89	0.02	0.25	0.89	0.34	0.81	0.15	0.02	0.45	0.69	-0.14	0.5	0.57		0.85	0.38
Good Will	0.99	0.85	0.28	0.49	0.95	0.65	0.84	0.94	0.38	0.38	0.99	0.22	0.37	0.96	0.03	0.87	0.44	0.25	0.15	0.82	0.09	0.73	0.48	0.85		0.74
Common Stock Total Equity	0.72	0.74	0.52	0.75	0.69	0.84	0.73	0.79	0.68	0.49	0.68	0.39	0.49	0.65	-0.62	0.74	0.78	0.56	-0.29	0.78	0.49	0.87	0.22	0.38	0.74

Click cells to compare fundamentals

Matthews International Account Relationship Matchups

Matthews International fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.1B	2.0B	1.9B	1.9B	2.2B	1.2B
Short Long Term Debt Total	834.5M	763.7M	798.6M	790.2M	908.7M	954.1M
Other Current Liab	290.0M	349.6M	254.9M	239.7M	275.6M	289.4M
Total Current Liabilities	316.9M	354.2M	411.4M	394.6M	453.8M	476.5M
Total Stockholder Equity	611.4M	636.4M	487.1M	525.3M	604.1M	456.0M
Property Plant And Equipment Net	236.8M	223.7M	256.1M	270.3M	310.9M	326.4M
Net Debt	793.2M	714.5M	729.6M	748.1M	860.3M	903.3M
Retained Earnings	859.0M	834.2M	706.7M	714.7M	821.9M	569.3M
Accounts Payable	82.9M	112.7M	121.4M	114.3M	131.5M	138.0M
Cash	41.3M	49.2M	69.0M	42.1M	48.4M	51.3M
Non Current Assets Total	1.5B	1.4B	1.3B	1.2B	1.4B	816.2M
Non Currrent Assets Other	94.4M	115.0M	90.9M	83.0M	95.4M	100.2M
Cash And Short Term Investments	41.3M	49.2M	69.0M	42.1M	48.4M	51.8M
Net Receivables	295.2M	309.8M	221.0M	207.5M	238.7M	172.0M
Common Stock Shares Outstanding	31.2M	32.0M	31.4M	31.3M	28.2M	25.7M
Liabilities And Stockholders Equity	2.1B	2.0B	1.9B	1.9B	2.2B	1.2B
Non Current Liabilities Total	1.1B	1.0B	984.3M	967.5M	1.1B	1.2B
Inventory	175.1M	189.1M	225.4M	260.4M	299.5M	314.4M
Other Current Assets	64.0M	76.1M	113.1M	138.2M	159.0M	166.9M
Other Stockholder Equity	(43.2M)	(41.4M)	(65.8M)	(51.4M)	(46.2M)	(48.6M)
Total Liab	1.5B	1.4B	1.4B	1.4B	1.6B	1.6B
Property Plant And Equipment Gross	236.8M	223.7M	256.1M	758.6M	872.4M	916.0M
Total Current Assets	575.6M	624.2M	628.6M	648.3M	745.5M	782.8M
Accumulated Other Comprehensive Income	(240.7M)	(192.7M)	(190.2M)	(174.4M)	(157.0M)	(149.1M)
Short Term Debt	26.8M	4.6M	3.3M	3.7M	4.3M	4.0M
Intangible Assets	333.5M	261.5M	202.2M	160.5M	184.5M	178.0M
Good Will	765.4M	773.8M	675.4M	698.1M	802.8M	473.1M
Other Liab	292.4M	282.7M	282.4M	137.6M	158.2M	158.2M
Other Assets	40.2M	30.7M	148.9M	19.7M	22.6M	40.9M
Long Term Debt	807.7M	759.1M	795.3M	786.5M	904.5M	485.0M
Treasury Stock	(200.2M)	(179.0M)	(190.7M)	(225.8M)	(203.2M)	(213.4M)
Property Plant Equipment	237.4M	236.8M	223.7M	328.0M	377.2M	396.1M
Current Deferred Revenue	(82.9M)	(112.7M)	31.9M	36.9M	33.2M	34.9M
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.

C	Citigroup
CRM	Salesforce
MSFT	Microsoft

When determining whether Matthews International is a strong investment it is important to analyze Matthews International'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 Matthews International's future performance. For an informed investment choice regarding Matthews Stock, refer to the following important reports:

How To Invest In Matthews

Details

Is Matthews Stock a good investment?

Details

What is Matthews International's Net Worth?

Details

Largest Commercial Services & Supplies Companies

View

Largest Commercial & Professional Services Companies

View

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 tightly coupled 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.

You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

Complementary 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.

	Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market.
	Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities
	Transaction History View history of all your transactions and understand their impact on performance
	Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges
	Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets
	Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges
	Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios
	Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated
	Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings
	Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
	Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
	Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules
	FinTech Suite Use AI to screen and filter profitable investment opportunities

Is Matthews International'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 Matthews International. If investors know Matthews 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 Matthews International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Dividend Share

0.95

Earnings Share

1.07

Revenue Per Share

60.654

Quarterly Revenue Growth

(0.02)

Return On Assets

0.0294

The market value of Matthews International is measured differently than its book value, which is the value of Matthews that is recorded on the company's balance sheet. Investors also form their own opinion of Matthews International's value that differs from its market value or its book value, called intrinsic value, which is Matthews International'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 Matthews International's market value can be influenced by many factors that don't directly affect Matthews International'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 Matthews International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Matthews International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Matthews International'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Matthews Net Income vs Tax Provision Analysis

Net Income vs Tax Provision

Net Income vs Tax Provision Correlation Analysis

Correlation Coefficient

Net Income

Tax Provision

Matthews International fundamental ratios Correlations

Matthews International Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Matthews International fundamental ratios Accounts

Also Currently Popular

Complementary Tools for Matthews Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Good Will	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Short Long Term Debt Total

Common Stock Total Equity	- 0.62	Common Stock Shares Outstanding
Inventory	- 0.62	Common Stock Shares Outstanding
Property Plant And Equipment Gross	- 0.6	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.52	Property Plant And Equipment Net
Common Stock Shares Outstanding	- 0.52	Total Current Liabilities
Common Stock Shares Outstanding	- 0.49	Accounts Payable