Masterwork Cost Of Revenue vs Tax Provision Analysis

300195 Stock   5.53  0.10  1.78%   
Masterwork Machinery financial indicator trend analysis is infinitely more than just investigating Masterwork Machinery recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Masterwork Machinery is a good investment. Please check the relationship between Masterwork Machinery Cost Of Revenue and its Tax Provision accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Masterwork Machinery. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.

Cost Of Revenue vs Tax Provision

Cost Of Revenue vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Masterwork Machinery Cost Of Revenue account and Tax Provision. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Masterwork Machinery's Cost Of Revenue and Tax Provision is -0.67. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Masterwork Machinery, assuming nothing else is changed. The correlation between historical values of Masterwork Machinery's Cost Of Revenue and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Masterwork Machinery are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Cost Of Revenue i.e., Masterwork Machinery's Cost Of Revenue and Tax Provision go up and down completely randomly.

Correlation Coefficient

-0.67
Relationship DirectionNegative 
Relationship StrengthWeak

Cost Of Revenue

Cost of Revenue is found on Masterwork Machinery income statement and represents the costs associated with goods and services Masterwork Machinery provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from Masterwork Machinery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Masterwork Machinery 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Masterwork Machinery. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
The current year's Selling General Administrative is expected to grow to about 155 M. The current year's Tax Provision is expected to grow to about 12.6 M
 2022 2023 2024 2025 (projected)
Operating Income61.0M171.4M197.1M132.7M
Total Revenue1.3B1.6B1.8B1.0B

Masterwork Machinery fundamental ratios Correlations

0.540.870.86-0.270.840.110.750.260.810.70.860.430.970.870.860.78-0.71-0.08-0.850.810.620.740.90.680.85
0.540.330.480.120.610.210.290.240.170.10.370.130.570.320.410.48-0.32-0.03-0.610.360.460.350.30.160.33
0.870.330.66-0.470.73-0.090.890.220.950.850.970.280.840.970.950.76-0.83-0.27-0.840.80.650.790.880.670.88
0.860.480.660.180.850.470.420.560.590.520.570.60.90.640.60.4-0.340.31-0.80.730.280.380.660.730.51
-0.270.12-0.470.18-0.070.45-0.760.48-0.53-0.39-0.610.24-0.13-0.56-0.61-0.70.80.650.05-0.41-0.63-0.74-0.57-0.14-0.71
0.840.610.730.85-0.070.240.590.620.560.530.650.460.880.710.730.52-0.540.19-0.810.850.450.570.760.680.59
0.110.21-0.090.470.450.24-0.220.24-0.11-0.09-0.130.10.17-0.08-0.07-0.210.30.66-0.120.26-0.25-0.32-0.020.48-0.15
0.750.290.890.42-0.760.59-0.22-0.020.880.670.950.130.680.940.960.89-0.99-0.55-0.630.780.760.950.870.470.94
0.260.240.220.560.480.620.24-0.020.050.10.010.450.40.150.1-0.240.070.39-0.430.33-0.210.00.110.24-0.14
0.810.170.950.59-0.530.56-0.110.880.050.840.950.270.740.960.910.78-0.83-0.37-0.720.70.620.770.830.60.89
0.70.10.850.52-0.390.53-0.090.670.10.840.810.270.610.790.750.59-0.6-0.08-0.580.570.480.520.740.710.73
0.860.370.970.57-0.610.65-0.130.950.010.950.810.210.780.980.980.89-0.91-0.4-0.760.770.780.850.890.590.96
0.430.130.280.60.240.460.10.130.450.270.270.210.370.310.240.1-0.080.18-0.260.290.070.110.260.310.17
0.970.570.840.9-0.130.880.170.680.40.740.610.780.370.80.80.66-0.620.02-0.930.820.510.670.840.680.74
0.870.320.970.64-0.560.71-0.080.940.150.960.790.980.310.80.970.84-0.9-0.36-0.760.80.730.850.90.610.93
0.860.410.950.6-0.610.73-0.070.960.10.910.750.980.240.80.970.87-0.92-0.34-0.760.850.780.880.920.630.95
0.780.480.760.4-0.70.52-0.210.89-0.240.780.590.890.10.660.840.87-0.91-0.53-0.570.620.890.880.820.360.95
-0.71-0.32-0.83-0.340.8-0.540.3-0.990.07-0.83-0.6-0.91-0.08-0.62-0.9-0.92-0.910.630.57-0.71-0.79-0.97-0.82-0.35-0.92
-0.08-0.03-0.270.310.650.190.66-0.550.39-0.37-0.08-0.40.180.02-0.36-0.34-0.530.630.010.04-0.46-0.62-0.160.43-0.42
-0.85-0.61-0.84-0.80.05-0.81-0.12-0.63-0.43-0.72-0.58-0.76-0.26-0.93-0.76-0.76-0.570.570.01-0.71-0.48-0.57-0.69-0.58-0.64
0.810.360.80.73-0.410.850.260.780.330.70.570.770.290.820.80.850.62-0.710.04-0.710.470.720.880.810.76
0.620.460.650.28-0.630.45-0.250.76-0.210.620.480.780.070.510.730.780.89-0.79-0.46-0.480.470.710.680.240.82
0.740.350.790.38-0.740.57-0.320.950.00.770.520.850.110.670.850.880.88-0.97-0.62-0.570.720.710.840.320.89
0.90.30.880.66-0.570.76-0.020.870.110.830.740.890.260.840.90.920.82-0.82-0.16-0.690.880.680.840.730.93
0.680.160.670.73-0.140.680.480.470.240.60.710.590.310.680.610.630.36-0.350.43-0.580.810.240.320.730.57
0.850.330.880.51-0.710.59-0.150.94-0.140.890.730.960.170.740.930.950.95-0.92-0.42-0.640.760.820.890.930.57
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Masterwork Machinery Account Relationship Matchups

Masterwork Machinery fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets6.2B6.6B6.4B6.3B7.2B4.0B
Other Current Liab319.7M377.6M268.1M29.5M33.9M32.2M
Total Current Liabilities1.6B2.1B2.0B2.1B2.4B2.6B
Total Stockholder Equity2.7B2.7B2.6B2.7B3.0B2.2B
Retained Earnings(61.3M)24.0M(43.5M)(156.0M)(140.4M)(133.3M)
Accounts Payable452.2M447.8M463.1M342.6M394.0M315.2M
Cash501.2M616.5M355.3M231.4M266.1M520.7M
Other Assets2.3B2.2B2.3B2.3B2.6B2.7B
Net Receivables204.9M292.4M281.1M315.0M362.3M423.4M
Inventory612.9M705.5M882.1M869.3M999.7M1.0B
Other Current Assets118.8M817.3M702.1M702.3M807.7M848.1M
Total Liab3.4B3.8B3.7B3.4B3.9B4.1B
Intangible Assets250.5M221.0M213.6M275.5M316.8M224.1M
Property Plant Equipment1.1B1.2B1.2B1.3B1.4B1.5B
Other Liab254.6M278.2M302.5M260.7M299.8M314.8M
Long Term Debt1.6B1.4B1.4B1.0B1.2B739.4M
Short Term Investments505M81.3M16.8M4.2M3.8M3.6M
Net Tangible Assets3.1B2.5B2.5B2.4B2.7B2.6B
Other Stockholder Equity284.3K91.3M46.6M20.4M23.5M24.6M
Deferred Long Term Liab37.7M32.1M33.0M33.6M38.6M26.5M
Total Current Assets2.0B2.4B2.2B2.2B2.6B2.5B
Non Current Assets Total4.2B4.2B4.1B4.0B4.6B3.7B
Non Currrent Assets Other15.9M109.1M119.3M10.9M9.8M9.3M
Non Current Liabilities Total1.9B1.7B1.7B1.3B1.5B1.1B
Short Long Term Debt513.0M629.8M596.9M539.1M620.0M624.1M
Net Invested Capital4.8B4.7B4.6B4.2B4.9B4.9B
Net Working Capital467.9M314.5M262.9M126.5M113.8M108.1M
Net Debt1.6B1.4B1.7B1.4B1.6B1.3B
Property Plant And Equipment Net1.2B1.2B1.3B1.1B1.3B1.3B
Property Plant And Equipment Gross1.6B1.6B1.3B1.7B1.5B1.2B

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Other Information on Investing in Masterwork Stock

Balance Sheet is a snapshot of the financial position of Masterwork Machinery at a specified time, usually calculated after every quarter, six months, or one year. Masterwork Machinery Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Masterwork Machinery and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Masterwork currently owns. An asset can also be divided into two categories, current and non-current.