Mohawk Property Plant And Equipment Net vs Total Assets Analysis

MHK Stock  USD 118.61  2.59  2.23%   
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 Property Plant And Equipment Net and its Total Assets 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.

Property Plant And Equipment Net vs Total Assets

Property Plant And Equipment Net vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mohawk Industries Property Plant And Equipment Net account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Mohawk Industries' Property Plant And Equipment Net and Total Assets is 0.84. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Assets 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' Property Plant And Equipment Net and Total Assets 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 Net of Mohawk Industries are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Property Plant And Equipment Net i.e., Mohawk Industries' Property Plant And Equipment Net and Total Assets go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Total Assets

Total assets refers to the total amount of Mohawk Industries 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 Mohawk Industries 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.
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 Expense57.3M51.9M77.5M71.2M
Depreciation And Amortization591.7M595.5M630.3M661.8M

Mohawk Industries fundamental ratios Correlations

0.940.790.780.990.840.860.880.840.290.990.280.470.850.640.90.820.240.960.980.830.50.820.450.330.22
0.940.660.850.890.780.960.780.850.180.940.30.310.810.720.830.790.250.970.980.760.680.870.430.470.35
0.790.660.480.820.690.540.750.780.450.780.240.670.630.390.790.570.10.680.720.660.170.60.360.150.1
0.780.850.480.740.890.850.870.650.250.790.590.190.920.580.590.890.50.80.830.840.840.880.70.460.34
0.990.890.820.740.830.810.880.840.310.980.260.50.830.60.90.80.210.930.950.820.430.780.430.280.18
0.840.780.690.890.830.720.980.670.490.830.690.430.980.530.760.960.590.780.830.970.550.870.820.390.25
0.860.960.540.850.810.720.710.83-0.050.890.220.070.750.710.710.730.160.930.920.660.770.850.350.480.41
0.880.780.750.870.880.980.710.70.50.870.580.50.970.510.780.930.50.790.840.960.510.840.730.310.21
0.840.850.780.650.840.670.830.70.090.880.110.320.670.710.780.59-0.080.870.830.610.490.790.240.460.46
0.290.180.450.250.310.49-0.050.50.090.20.630.850.480.130.440.460.610.180.250.63-0.130.310.630.170.0
0.990.940.780.790.980.830.890.870.880.20.240.40.830.670.870.790.160.960.970.790.550.840.410.360.28
0.280.30.240.590.260.690.220.580.110.630.240.260.650.150.260.650.830.250.30.670.370.50.970.410.12
0.470.310.670.190.50.430.070.50.320.850.40.260.430.120.610.350.260.330.410.56-0.220.270.33-0.05-0.15
0.850.810.630.920.830.980.750.970.670.480.830.650.430.580.780.970.590.820.860.980.570.890.790.420.29
0.640.720.390.580.60.530.710.510.710.130.670.150.120.580.650.58-0.010.780.670.550.470.840.240.860.86
0.90.830.790.590.90.760.710.780.780.440.870.260.610.780.650.760.260.870.890.810.190.780.430.370.27
0.820.790.570.890.80.960.730.930.590.460.790.650.350.970.580.760.660.790.830.970.540.870.790.420.29
0.240.250.10.50.210.590.160.5-0.080.610.160.830.260.59-0.010.260.660.190.270.650.240.340.820.12-0.11
0.960.970.680.80.930.780.930.790.870.180.960.250.330.820.780.870.790.190.980.770.580.870.40.510.4
0.980.980.720.830.950.830.920.840.830.250.970.30.410.860.670.890.830.270.980.820.580.850.460.380.26
0.830.760.660.840.820.970.660.960.610.630.790.670.560.980.550.810.970.650.770.820.440.850.810.390.25
0.50.680.170.840.430.550.770.510.49-0.130.550.37-0.220.570.470.190.540.240.580.580.440.650.40.440.38
0.820.870.60.880.780.870.850.840.790.310.840.50.270.890.840.780.870.340.870.850.850.650.620.70.63
0.450.430.360.70.430.820.350.730.240.630.410.970.330.790.240.430.790.820.40.460.810.40.620.390.13
0.330.470.150.460.280.390.480.310.460.170.360.41-0.050.420.860.370.420.120.510.380.390.440.70.390.9
0.220.350.10.340.180.250.410.210.460.00.280.12-0.150.290.860.270.29-0.110.40.260.250.380.630.130.9
Click cells to compare fundamentals

Mohawk Industries Account Relationship Matchups

Mohawk Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.4B14.3B14.2B14.1B13.6B7.0B
Short Long Term Debt Total2.9B3.1B2.7B3.2B3.2B1.8B
Other Current Liab1.6B1.9B923.1M957.8M927.1M529.1M
Total Current Liabilities2.7B2.4B2.9B3.1B3.1B3.3B
Total Stockholder Equity8.1B8.5B8.4B8.0B7.6B3.8B
Property Plant And Equipment Net5.0B4.9B5.0B5.0B5.4B5.7B
Net Debt2.8B2.3B2.5B2.7B2.5B1.7B
Retained Earnings7.2B7.6B7.7B7.4B7.0B7.3B
Accounts Payable1.6B1.9B1.2B1.1B1.0B786.3M
Cash134.8M768.6M268.9M509.6M642.6M674.7M
Non Current Assets Total9.0B9.0B9.0B8.2B8.0B4.4B
Non Currrent Assets Other436.4M447.3M205.1M390.6M1.3B1.4B
Cash And Short Term Investments134.8M1.3B591.9M667.6M642.6M329.8M
Net Receivables1.5B1.7B1.8B1.9B1.9B2.0B
Common Stock Shares Outstanding72.3M71.4M69.1M64.1M63.7M68.2M
Liabilities And Stockholders Equity13.4B14.3B14.2B14.1B13.6B7.0B
Non Current Liabilities Total2.5B3.4B2.8B3.0B2.8B1.8B
Inventory2.3B1.9B2.4B2.8B2.6B2.7B
Other Current Assets70.2M31.3M20.2M528.9M535.2M561.9M
Other Stockholder Equity1.7B1.7B1.7B1.7B1.7B994.6M
Total Liab5.3B5.8B5.8B6.1B5.9B3.2B
Total Current Assets4.4B5.4B5.2B5.9B5.6B5.9B
Short Term Debt1.2B475.3M728.9M945.8M1.1B1.2B
Intangible Assets928.9M951.6M900.0M857.9M875.4M1.0B
Property Plant And Equipment Gross5.0B4.9B5.0B5.0B10.8B11.4B
Accumulated Other Comprehensive Income(765.8M)(695.1M)(967.0M)(1.1B)(1.1B)(1.0B)
Common Stock Total Equity790K776K729K709K815.4K841.0K
Common Stock790K776K729K709K710K838.6K
Other Liab801.1M823.7M852.3M757.5M871.2M914.7M
Other Assets436.4M447.3M451.4M390.6M449.2M471.7M
Long Term Debt1.5B2.4B1.7B2.0B1.7B1.6B
Good Will2.6B2.7B2.6B1.9B1.2B2.0B
Treasury Stock(215.7M)(215.7M)(215.6M)(215.5M)(247.9M)(260.3M)
Property Plant Equipment4.7B4.6B5.0B5.0B5.8B6.1B
Current Deferred Revenue(1.6B)(1.9B)65.7M72.6M68.0M71.4M
Net Tangible Assets4.6B4.9B4.9B5.2B6.0B3.4B
Noncontrolling Interest In Consolidated Entity6.6M6.8M6.8M6.4M7.4M5.8M
Retained Earnings Total Equity7.2B7.6B7.7B7.4B8.5B5.5B

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

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
When determining whether Mohawk Industries is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Mohawk Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Mohawk Industries Stock. Highlighted below are key reports to facilitate an investment decision about Mohawk Industries Stock:
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.
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Transaction History
View history of all your transactions and understand their impact on performance
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
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
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
(6.52)
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.