Matrix Short Long Term Debt Total vs Total Stockholder Equity Analysis
MTRX Stock | USD 11.31 0.10 0.89% |
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 Short Long Term Debt Total and its Total 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.
Short Long Term Debt Total vs Total Stockholder Equity
Short Long Term Debt Total vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Matrix Service Short Long Term Debt Total account and Total Stockholder Equity. At this time, the significance of the direction appears to have no relationship.
The correlation between Matrix Service's Short Long Term Debt Total and Total Stockholder Equity is 0.07. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Total 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 Short Long Term Debt Total and Total 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 Short Long Term Debt Total of Matrix Service Co are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Short Long Term Debt Total i.e., Matrix Service's Short Long Term Debt Total and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.07 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Short Long Term Debt Total
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.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 |
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.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: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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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.
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
CEOs Directory Screen CEOs from public companies around the world | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
Transaction History View history of all your transactions and understand their impact on performance |
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.