Matrix Accounts Payable vs Other Stockholder Equity Analysis

MTRX Stock

USD 11.31 0.09 0.79%

Matrix Service financial indicator trend analysis is infinitely more than just investigating Matrix Service recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Matrix Service is a good investment. Please check the relationship between Matrix Service Accounts Payable and its Other Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Matrix Service Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Accounts Payable vs Other Stockholder Equity

Accounts Payable vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Matrix Service Accounts Payable account and Other Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Matrix Service's Accounts Payable and Other Stockholder Equity is 0.58. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Matrix Service Co, assuming nothing else is changed. The correlation between historical values of Matrix Service's Accounts Payable and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Matrix Service Co are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Accounts Payable i.e., Matrix Service's Accounts Payable and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.58

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Matrix Service obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Matrix Service are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Other Stockholder Equity

Most indicators from Matrix Service's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Matrix Service 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 Matrix Service Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

At this time, Matrix Service's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 11.00 in 2024, whereas Selling General Administrative is likely to drop slightly above 51.6 M in 2024.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	67.7M	68.2M	78.5M	46.2M
Cost Of Revenue	709.0M	764.2M	878.8M	578.4M

Total Operating Expenses Cost Of Revenue

Matrix Service 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		0.12	0.69	0.95	0.96	0.89	-0.62	0.87	0.82	0.98	-0.17	0.82	0.9	0.79	0.13	0.38	0.39	0.73	0.95	0.89	0.99	0.39	0.69	0.89	0.78	0.78
Short Long Term Debt Total	0.12		-0.24	0.03	0.07	0.31	0.42	-0.06	0.0	0.2	0.46	0.0	0.17	0.32	0.7	0.44	0.09	0.37	0.16	0.31	0.07	0.45	-0.26	0.19	0.33	0.34
Other Current Liab	0.69	-0.24		0.63	0.75	0.53	-0.67	0.74	0.53	0.59	-0.4	0.53	0.68	0.54	-0.32	-0.02	0.44	0.37	0.55	0.53	0.73	0.34	0.62	0.64	0.57	0.57
Total Current Liabilities	0.95	0.03	0.63		0.84	0.78	-0.6	0.73	0.74	0.9	-0.07	0.74	0.88	0.76	0.03	0.33	0.37	0.7	0.98	0.78	0.95	0.3	0.72	0.93	0.72	0.72
Total Stockholder Equity	0.96	0.07	0.75	0.84		0.87	-0.69	0.95	0.82	0.94	-0.3	0.82	0.83	0.72	0.04	0.31	0.35	0.65	0.83	0.87	0.96	0.43	0.66	0.8	0.74	0.74
Property Plant And Equipment Net	0.89	0.31	0.53	0.78	0.87		-0.57	0.72	0.91	0.86	-0.05	0.91	0.81	0.83	0.34	0.5	0.41	0.8	0.83	1.0	0.88	0.26	0.4	0.73	0.85	0.84
Net Debt	-0.62	0.42	-0.67	-0.6	-0.69	-0.57		-0.71	-0.8	-0.5	0.37	-0.8	-0.43	-0.4	0.53	-0.01	-0.16	-0.28	-0.48	-0.57	-0.67	0.0	-0.48	-0.54	-0.4	-0.4
Retained Earnings	0.87	-0.06	0.74	0.73	0.95	0.72	-0.71		0.73	0.85	-0.5	0.73	0.64	0.48	-0.12	0.08	0.27	0.37	0.69	0.72	0.86	0.5	0.77	0.73	0.5	0.5
Cash	0.82	0.0	0.53	0.74	0.82	0.91	-0.8	0.73		0.76	-0.16	1.0	0.67	0.69	0.07	0.45	0.27	0.66	0.73	0.91	0.83	0.03	0.37	0.65	0.68	0.68
Non Current Assets Total	0.98	0.2	0.59	0.9	0.94	0.86	-0.5	0.85	0.76		-0.13	0.76	0.87	0.73	0.25	0.42	0.32	0.71	0.93	0.86	0.94	0.42	0.68	0.84	0.72	0.72
Non Currrent Assets Other	-0.17	0.46	-0.4	-0.07	-0.3	-0.05	0.37	-0.5	-0.16	-0.13		-0.16	0.08	0.27	0.34	0.33	-0.35	0.34	0.0	-0.05	-0.18	-0.25	-0.49	-0.11	0.23	0.24
Cash And Short Term Investments	0.82	0.0	0.53	0.74	0.82	0.91	-0.8	0.73	1.0	0.76	-0.16		0.67	0.69	0.07	0.45	0.27	0.66	0.73	0.91	0.83	0.03	0.37	0.65	0.68	0.68
Net Receivables	0.9	0.17	0.68	0.88	0.83	0.81	-0.43	0.64	0.67	0.87	0.08	0.67		0.92	0.21	0.46	0.35	0.87	0.9	0.81	0.9	0.32	0.51	0.8	0.9	0.9
Common Stock Shares Outstanding	0.79	0.32	0.54	0.76	0.72	0.83	-0.4	0.48	0.69	0.73	0.27	0.69	0.92		0.29	0.58	0.37	0.95	0.79	0.83	0.81	0.19	0.21	0.68	0.99	0.99
Non Current Liabilities Total	0.13	0.7	-0.32	0.03	0.04	0.34	0.53	-0.12	0.07	0.25	0.34	0.07	0.21	0.29		0.51	0.14	0.42	0.22	0.34	0.06	0.09	-0.22	0.02	0.29	0.29
Inventory	0.38	0.44	-0.02	0.33	0.31	0.5	-0.01	0.08	0.45	0.42	0.33	0.45	0.46	0.58	0.51		0.31	0.77	0.42	0.5	0.35	-0.2	-0.29	0.2	0.55	0.55
Other Current Assets	0.39	0.09	0.44	0.37	0.35	0.41	-0.16	0.27	0.27	0.32	-0.35	0.27	0.35	0.37	0.14	0.31		0.36	0.39	0.41	0.41	0.08	0.22	0.35	0.4	0.4
Other Stockholder Equity	0.73	0.37	0.37	0.7	0.65	0.8	-0.28	0.37	0.66	0.71	0.34	0.66	0.87	0.95	0.42	0.77	0.36		0.76	0.8	0.73	0.06	0.08	0.58	0.94	0.94
Total Liab	0.95	0.16	0.55	0.98	0.83	0.83	-0.48	0.69	0.73	0.93	0.0	0.73	0.9	0.79	0.22	0.42	0.39	0.76		0.83	0.94	0.31	0.66	0.91	0.76	0.75
Property Plant And Equipment Gross	0.89	0.31	0.53	0.78	0.87	1.0	-0.57	0.72	0.91	0.86	-0.05	0.91	0.81	0.83	0.34	0.5	0.41	0.8	0.83		0.88	0.26	0.4	0.73	0.85	0.84
Total Current Assets	0.99	0.07	0.73	0.95	0.96	0.88	-0.67	0.86	0.83	0.94	-0.18	0.83	0.9	0.81	0.06	0.35	0.41	0.73	0.94	0.88		0.37	0.67	0.9	0.8	0.8
Short Term Debt	0.39	0.45	0.34	0.3	0.43	0.26	0.0	0.5	0.03	0.42	-0.25	0.03	0.32	0.19	0.09	-0.2	0.08	0.06	0.31	0.26	0.37		0.5	0.53	0.21	0.21
Intangible Assets	0.69	-0.26	0.62	0.72	0.66	0.4	-0.48	0.77	0.37	0.68	-0.49	0.37	0.51	0.21	-0.22	-0.29	0.22	0.08	0.66	0.4	0.67	0.5		0.72	0.2	0.2
Accounts Payable	0.89	0.19	0.64	0.93	0.8	0.73	-0.54	0.73	0.65	0.84	-0.11	0.65	0.8	0.68	0.02	0.2	0.35	0.58	0.91	0.73	0.9	0.53	0.72		0.65	0.64
Common Stock Total Equity	0.78	0.33	0.57	0.72	0.74	0.85	-0.4	0.5	0.68	0.72	0.23	0.68	0.9	0.99	0.29	0.55	0.4	0.94	0.76	0.85	0.8	0.21	0.2	0.65		1.0
Common Stock	0.78	0.34	0.57	0.72	0.74	0.84	-0.4	0.5	0.68	0.72	0.24	0.68	0.9	0.99	0.29	0.55	0.4	0.94	0.75	0.84	0.8	0.21	0.2	0.64	1.0

Click cells to compare fundamentals

Matrix Service Account Relationship Matchups

Matrix Service fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	517.3M	467.6M	440.8M	400.5M	460.6M	304.2M
Short Long Term Debt Total	36.8M	26.5M	40.6M	35.3M	40.6M	42.7M
Other Current Liab	31.4M	32.9M	32.1M	21.1M	24.2M	26.1M
Total Current Liabilities	175.9M	153.4M	177.8M	187.5M	215.7M	118.8M
Total Stockholder Equity	307.9M	285.5M	227.7M	181.5M	208.7M	167.7M
Property Plant And Equipment Net	102.1M	91.8M	75.9M	69.3M	79.7M	54.0M
Net Debt	(63.3M)	(57.4M)	(11.8M)	(19.5M)	(17.5M)	(18.4M)
Retained Earnings	206.4M	175.2M	111.3M	58.9M	67.8M	85.9M
Cash	100.0M	83.9M	52.4M	54.8M	63.0M	33.7M
Non Current Assets Total	182.2M	176.3M	153.4M	138.2M	159.0M	109.0M
Non Currrent Assets Other	3.2M	8.9M	1.5M	36.7M	42.2M	44.3M
Cash And Short Term Investments	100.0M	83.9M	52.4M	54.8M	63.0M	33.7M
Net Receivables	164.6M	165.0M	167.4M	191.1M	219.8M	120.7M
Common Stock Shares Outstanding	26.6M	26.5M	26.7M	27.0M	31.0M	24.8M
Liabilities And Stockholders Equity	517.3M	467.6M	440.8M	400.5M	460.6M	304.2M
Non Current Liabilities Total	33.5M	28.6M	35.3M	31.5M	36.2M	18.4M
Inventory	6.5M	7.3M	10.0M	7.4M	8.6M	4.5M
Other Current Assets	4.5M	4.2M	12.9M	3.1M	3.6M	3.4M
Other Stockholder Equity	109.6M	116.8M	124.3M	131.1M	150.7M	86.5M
Total Liab	209.4M	182.0M	213.1M	219.0M	251.9M	136.7M
Property Plant And Equipment Gross	102.1M	91.8M	75.9M	69.3M	79.7M	54.0M
Total Current Assets	335.2M	291.2M	287.4M	262.3M	301.6M	195.2M
Accumulated Other Comprehensive Income	(8.4M)	(6.7M)	(8.2M)	(8.8M)	(10.1M)	(9.6M)
Intangible Assets	8.8M	6.6M	4.8M	3.1M	2.8M	2.6M
Accounts Payable	73.1M	60.9M	74.9M	76.4M	87.8M	55.7M
Other Assets	10.8M	17.3M	30.5M	36.7M	42.2M	44.3M
Good Will	60.4M	60.6M	42.1M	29.1M	33.5M	49.3M
Treasury Stock	(17.8M)	(29.4M)	(20.7M)	(15.5M)	(14.0M)	(14.7M)
Property Plant Equipment	102.1M	91.8M	75.9M	69.3M	79.7M	67.3M
Long Term Debt	5.3M	9.2M	15M	10M	9M	10.1M
Current Deferred Revenue	63.9M	53.8M	65.1M	85.4M	98.3M	57.7M
Other Liab	4.3M	7.8M	398K	825K	742.5K	705.4K
Net Tangible Assets	238.7M	218.3M	180.8M	149.3M	171.7M	218.1M
Retained Earnings Total Equity	239.5M	206.4M	175.2M	111.3M	128.0M	187.9M
Capital Surpluse	137.7M	139.0M	137.6M	139.9M	160.8M	143.1M

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.

VWITX	Vanguard Intermediate Term Tax Exempt
VGSTX	Vanguard Star Fund
VFIAX	Vanguard 500 Index

When determining whether Matrix Service offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Matrix Service'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 Matrix Service Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Matrix Service Co Stock:

How To Invest In Matrix

Details

Is Matrix Stock a good investment?

Details

What is Matrix Service's Net Worth?

Details

Largest Oil & Gas Equipment & Services Companies

View

Largest Engineering & Construction Companies

View

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Matrix Service Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Complementary Tools for Matrix Stock analysis

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

	Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
	Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments
	Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators
	Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
	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
	Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments
	Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
	Risk-Return Analysis View associations between returns expected from investment and the risk you assume

Is Matrix Service'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 Matrix Service. If investors know Matrix 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 Matrix Service 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

1.75

Earnings Share

(0.76)

Revenue Per Share

27.295

Quarterly Revenue Growth

(0.11)

Return On Assets

(0.04)

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

Matrix Accounts Payable vs Other Stockholder Equity Analysis

Accounts Payable vs Other Stockholder Equity

Accounts Payable vs Other Stockholder Equity Correlation Analysis

Correlation Coefficient

Accounts Payable

Other Stockholder Equity

Matrix Service fundamental ratios Correlations

Matrix Service Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Matrix Service fundamental ratios Accounts

Also Currently Popular

Complementary Tools for Matrix Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Total Current Assets	+ 0.99	Total Assets
Common Stock Total Equity	+ 0.99	Common Stock Shares Outstanding
Common Stock	+ 0.99	Common Stock Shares Outstanding

Cash And Short Term Investments	- 0.8	Net Debt
Cash	- 0.8	Net Debt
Retained Earnings	- 0.71	Net Debt
Net Debt	- 0.69	Total Stockholder Equity
Total Current Assets	- 0.67	Net Debt
Net Debt	- 0.67	Other Current Liab