MSC Property Plant And Equipment Net vs Total Current Assets Analysis

MSM Stock  USD 90.96  0.28  0.31%   
MSC Industrial financial indicator trend analysis is infinitely more than just investigating MSC Industrial Direct recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MSC Industrial Direct is a good investment. Please check the relationship between MSC Industrial Property Plant And Equipment Net and its Total Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MSC Industrial Direct. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

Property Plant And Equipment Net vs Total Current Assets

Property Plant And Equipment Net vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MSC Industrial Direct Property Plant And Equipment Net account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between MSC Industrial's Property Plant And Equipment Net and Total Current Assets is 0.73. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of MSC Industrial Direct, assuming nothing else is changed. The correlation between historical values of MSC Industrial's Property Plant And Equipment Net and Total Current 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 MSC Industrial Direct are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Property Plant And Equipment Net i.e., MSC Industrial's Property Plant And Equipment Net and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

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 Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from MSC Industrial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MSC Industrial Direct 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 MSC Industrial Direct. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
At this time, MSC Industrial's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 2nd of May 2024, Enterprise Value Over EBITDA is likely to grow to 13.34, while Tax Provision is likely to drop about 85.9 M.
 2021 2022 2023 2024 (projected)
Interest Expense17.6M22.5M25.9M27.2M
Depreciation And Amortization76.1M75.1M86.4M90.7M

MSC Industrial fundamental ratios Correlations

0.720.430.680.890.760.680.430.660.060.8-0.220.060.91-0.430.790.660.530.410.760.350.970.590.770.8-0.76
0.720.450.830.380.780.99-0.010.67-0.190.75-0.38-0.190.78-0.640.880.70.620.530.960.380.720.820.440.76-0.8
0.430.450.660.40.80.420.050.750.090.710.320.090.22-0.740.290.760.750.640.620.840.40.440.30.71-0.53
0.680.830.660.470.910.820.060.91-0.160.84-0.29-0.160.64-0.820.530.920.850.680.930.760.70.920.40.84-0.71
0.890.380.40.470.650.320.670.560.230.74-0.020.230.74-0.250.480.560.40.270.490.340.830.340.840.73-0.54
0.760.780.80.910.650.740.260.90.040.97-0.080.040.64-0.750.590.930.810.660.910.770.730.760.610.96-0.73
0.680.990.420.820.320.74-0.040.64-0.340.72-0.36-0.340.74-0.630.840.660.560.490.940.360.660.840.440.74-0.78
0.43-0.010.050.060.670.26-0.040.040.140.430.40.140.340.250.050.04-0.19-0.430.03-0.070.280.120.720.41-0.04
0.660.670.750.910.560.90.640.040.030.84-0.290.030.57-0.810.440.990.940.830.840.860.70.690.430.84-0.62
0.06-0.190.09-0.160.230.04-0.340.140.03-0.03-0.021.00.010.11-0.020.060.190.11-0.10.00.16-0.34-0.11-0.050.09
0.80.750.710.840.740.970.720.430.84-0.03-0.03-0.030.69-0.620.610.850.680.530.860.660.720.710.771.0-0.72
-0.22-0.380.32-0.29-0.02-0.08-0.360.4-0.29-0.02-0.03-0.02-0.420.22-0.35-0.28-0.34-0.45-0.340.02-0.39-0.240.06-0.060.24
0.06-0.190.09-0.160.230.04-0.340.140.031.0-0.03-0.020.010.11-0.020.060.190.11-0.10.00.16-0.34-0.11-0.050.09
0.910.780.220.640.740.640.740.340.570.010.69-0.420.01-0.420.820.570.460.350.760.130.920.620.640.7-0.73
-0.43-0.64-0.74-0.82-0.25-0.75-0.630.25-0.810.11-0.620.220.11-0.42-0.36-0.82-0.86-0.8-0.74-0.76-0.49-0.68-0.11-0.630.66
0.790.880.290.530.480.590.840.050.44-0.020.61-0.35-0.020.82-0.360.470.40.390.790.090.770.50.530.63-0.76
0.660.70.760.920.560.930.660.040.990.060.85-0.280.060.57-0.820.470.940.830.860.860.710.710.420.85-0.65
0.530.620.750.850.40.810.56-0.190.940.190.68-0.340.190.46-0.860.40.940.910.780.850.630.610.160.68-0.58
0.410.530.640.680.270.660.49-0.430.830.110.53-0.450.110.35-0.80.390.830.910.670.750.520.40.080.55-0.57
0.760.960.620.930.490.910.940.030.84-0.10.86-0.34-0.10.76-0.740.790.860.780.670.590.770.840.490.87-0.81
0.350.380.840.760.340.770.36-0.070.860.00.660.020.00.13-0.760.090.860.850.750.590.370.540.210.64-0.42
0.970.720.40.70.830.730.660.280.70.160.72-0.390.160.92-0.490.770.710.630.520.770.370.580.620.73-0.74
0.590.820.440.920.340.760.840.120.69-0.340.71-0.24-0.340.62-0.680.50.710.610.40.840.540.580.330.7-0.66
0.770.440.30.40.840.610.440.720.43-0.110.770.06-0.110.64-0.110.530.420.160.080.490.210.620.330.78-0.51
0.80.760.710.840.730.960.740.410.84-0.051.0-0.06-0.050.7-0.630.630.850.680.550.870.640.730.70.78-0.74
-0.76-0.8-0.53-0.71-0.54-0.73-0.78-0.04-0.620.09-0.720.240.09-0.730.66-0.76-0.65-0.58-0.57-0.81-0.42-0.74-0.66-0.51-0.74
Click cells to compare fundamentals

MSC Industrial Account Relationship Matchups

MSC Industrial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.4B2.5B2.7B2.5B2.9B1.5B
Short Long Term Debt Total675.5M836.4M860.8M521.4M599.6M629.6M
Other Current Liab138.9M159.2M39.7M172.0M197.8M207.7M
Total Current Liabilities408.7M561.9M725.9M649.4M746.9M784.2M
Total Stockholder Equity1.3B1.2B1.4B1.5B1.7B971.3M
Property Plant And Equipment Net358.2M347.4M351.4M385.6M443.4M465.6M
Net Debt550.2M795.9M817.2M471.4M542.1M569.2M
Retained Earnings749.5M532.3M681.3M755.0M868.3M703.9M
Accounts Payable125.8M186.3M217.4M226.3M260.2M273.3M
Cash125.2M40.5M43.5M50.1M57.6M59.5M
Non Current Assets Total1.1B1.1B1.2B1.2B1.4B1.5B
Non Currrent Assets Other4.1M5.9M(114.8M)12.2M11.0M13.9M
Cash And Short Term Investments125.2M40.5M43.5M50.1M57.6M59.9M
Net Receivables491.7M560.4M687.6M435.4M500.7M301.5M
Common Stock Shares Outstanding55.6M56.1M56.0M56.2M50.6M50.6M
Liabilities And Stockholders Equity2.4B2.5B2.7B2.5B2.9B1.5B
Non Current Liabilities Total653.1M738.3M641.2M402.1M462.4M246.2M
Inventory543.1M624.2M715.6M726.5M835.5M877.3M
Other Current Assets77.7M89.2M96.9M105.5M121.3M127.4M
Other Stockholder Equity586.8M636.5M692.2M741.8M853.1M895.8M
Total Liab1.1B1.3B1.4B1.1B1.2B1.3B
Property Plant And Equipment Gross302.0M347.4M351.4M1.0B1.2B1.2B
Total Current Assets1.2B1.3B1.5B1.3B1.5B818.1M
Accumulated Other Comprehensive Income(21.4M)(18.0M)(23.1M)(17.7M)(20.4M)(21.4M)
Short Term Debt144.1M216.4M344.2M251.1M288.8M303.2M
Intangible Assets104.9M101.9M114.3M110.6M127.2M88.9M
Good Will677.6M692.7M710.1M718.2M825.9M867.2M
Other Assets60.2M5.9M9.9M12.2M14.1M20.1M
Long Term Debt494.6M583.6M468.7M224.4M258.0M197.8M
Treasury Stock(104.6M)(103.9M)(104.4M)(106.2M)(95.6M)(100.4M)
Property Plant Equipment302.0M347.4M351.4M385.6M443.4M234.8M
Other Liab121.7M118.3M124.7M131.8M151.6M84.0M
Net Tangible Assets532.5M356.3M526.0M650.3M585.3M463.3M
Noncontrolling Interest In Consolidated Entity5.3M5.6M11.0M11.8M13.6M14.3M
Retained Earnings Total Equity946.7M749.5M532.3M681.3M613.2M789.5M
Capital Surpluse690.7M740.9M798.4M849.5M976.9M697.0M

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When determining whether MSC Industrial Direct is a strong investment it is important to analyze MSC Industrial'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 MSC Industrial's future performance. For an informed investment choice regarding MSC Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MSC Industrial Direct. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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Is MSC Industrial'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 MSC Industrial. If investors know MSC 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 MSC Industrial 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
(0.22)
Dividend Share
3.28
Earnings Share
5.57
Revenue Per Share
70.85
Quarterly Revenue Growth
(0.03)
The market value of MSC Industrial Direct is measured differently than its book value, which is the value of MSC that is recorded on the company's balance sheet. Investors also form their own opinion of MSC Industrial's value that differs from its market value or its book value, called intrinsic value, which is MSC Industrial'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 MSC Industrial's market value can be influenced by many factors that don't directly affect MSC Industrial'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 MSC Industrial's value and its price as these two are different measures arrived at by different means. Investors typically determine if MSC Industrial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MSC Industrial'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.