Matrix Net Working Capital vs Short Long Term Debt Analysis
MTRX Stock | USD 11.14 0.12 1.07% |
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 Net Working Capital and its Short Long Term Debt 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.
Net Working Capital vs Short Long Term Debt
Net Working Capital vs Short Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Matrix Service Net Working Capital account and Short Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Matrix Service's Net Working Capital and Short Long Term Debt is -0.46. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Short Long Term Debt 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 Net Working Capital and Short Long Term Debt 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 Working Capital of Matrix Service Co are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Net Working Capital i.e., Matrix Service's Net Working Capital and Short Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.46 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Net Working Capital
Short Long Term Debt
The total of a company’s short-term and long-term borrowings.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 |
Matrix Service fundamental ratios Correlations
Click cells to compare fundamentals
Matrix Service Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
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Try AI Portfolio ArchitectCheck 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 Money Managers module to screen money managers from public funds and ETFs managed around the world.
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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 (0.70) | Revenue Per Share 28.155 | Quarterly Revenue Growth (0.1) | 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.