Matthews Tax Provision vs Interest Expense 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 Tax Provision and its Interest Expense 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.
Tax Provision vs Interest Expense
Tax Provision vs Interest Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Matthews International Tax Provision account and Interest Expense. At this time, the significance of the direction appears to have pay attention.
The correlation between Matthews International's Tax Provision and Interest Expense is -0.77. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Interest Expense 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 Tax Provision and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of Matthews International are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Tax Provision i.e., Matthews International's Tax Provision and Interest Expense go up and down completely randomly.
Correlation Coefficient | -0.77 |
Relationship Direction | Negative |
Relationship Strength | Weak |
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.Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.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 |
Matthews International fundamental ratios Correlations
Click cells to compare fundamentals
Matthews International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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.
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
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 | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated |
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.