Matrix Net Working Capital from 2010 to 2024

MTRX Stock  USD 13.30  0.15  1.12%   
Matrix Service Net Working Capital yearly trend continues to be fairly stable with very little volatility. Net Working Capital will likely drop to about 34.7 M in 2024. During the period from 2010 to 2024, Matrix Service Net Working Capital regression line of annual values had r-squared of  0.52 and arithmetic mean of  119,365,080. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
36.5 M
Current Value
34.7 M
Quarterly Volatility
39.1 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Matrix Service financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Matrix Service's main balance sheet or income statement drivers, such as Depreciation And Amortization of 11.3 M, Interest Expense of 1.4 M or Total Revenue of 649.8 M, as well as many indicators such as Price To Sales Ratio of 0.46, Dividend Yield of 0.0 or PTB Ratio of 1.85. Matrix financial statements analysis is a perfect complement when working with Matrix Service Valuation or Volatility modules.
  
Check out the analysis of Matrix Service Correlation against competitors.

Latest Matrix Service's Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Matrix Service Co over the last few years. It is Matrix Service's Net Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Matrix Service's overall financial position and show how it may be relating to other accounts over time.
Net Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

Matrix Net Working Capital Regression Statistics

Arithmetic Mean119,365,080
Geometric Mean109,605,382
Coefficient Of Variation32.79
Mean Deviation29,702,427
Median139,654,000
Standard Deviation39,141,722
Sample Variance1532.1T
Range124.6M
R-Value(0.72)
Mean Square Error795.9T
R-Squared0.52
Significance0
Slope(6,296,749)
Total Sum of Squares21449T

Matrix Net Working Capital History

202434.7 M
202336.5 M
202274.7 M
2021109.6 M
2020137.8 M
2019159.2 M
2018141.8 M

About Matrix Service Financial Statements

Matrix Service investors use historical fundamental indicators, such as Matrix Service's Net Working Capital, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Matrix Service. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Working Capital36.5 M34.7 M

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Additional 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.