Matthews Good Will vs Treasury Stock Analysis

MATW Stock  USD 30.16  0.19  0.63%   
Matthews International financial indicator trend analysis is infinitely more than just investigating Matthews International recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Matthews International is a good investment. Please check the relationship between Matthews International Good Will and its Treasury Stock accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Matthews International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Matthews Stock please use our How to Invest in Matthews International guide.

Good Will vs Treasury Stock

Good Will vs Treasury Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Matthews International Good Will account and Treasury Stock. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Matthews International's Good Will and Treasury Stock is -0.09. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Treasury Stock in the same time period over historical financial statements of Matthews International, assuming nothing else is changed. The correlation between historical values of Matthews International's Good Will and Treasury Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Matthews International are associated (or correlated) with its Treasury Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Treasury Stock has no effect on the direction of Good Will i.e., Matthews International's Good Will and Treasury Stock go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Treasury Stock

Most indicators from Matthews International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Matthews International 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 Matthews International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Matthews Stock please use our How to Invest in Matthews International guide.Selling General Administrative is likely to climb to about 661.7 M in 2024, despite the fact that Tax Provision is likely to grow to (9.5 M).
 2021 2022 2023 2024 (projected)
Gross Profit522.3M577.7M529.7M351.8M
Total Revenue1.8B1.9B1.8B981.7M

Matthews International fundamental ratios Correlations

0.970.280.530.890.540.880.890.510.330.990.410.330.970.110.990.590.730.220.980.080.950.610.850.990.69
0.970.350.580.790.60.910.80.550.210.960.360.210.950.180.990.630.770.30.990.180.950.610.80.940.64
0.280.350.890.00.820.570.140.87-0.110.220.21-0.110.32-0.510.280.830.42-0.010.390.740.430.48-0.040.220.6
0.530.580.890.260.940.770.340.960.140.470.270.140.55-0.420.520.970.620.10.620.770.680.480.20.480.75
0.890.790.00.260.320.710.950.210.440.920.270.440.860.020.840.350.450.050.77-0.130.750.440.880.940.6
0.540.60.820.940.320.80.370.870.10.480.020.10.58-0.440.520.970.480.090.60.860.660.430.240.510.78
0.880.910.570.770.710.80.710.70.160.870.270.160.86-0.070.890.790.680.330.90.440.850.590.750.860.71
0.890.80.140.340.950.370.710.290.370.90.350.360.88-0.140.840.440.49-0.160.8-0.090.80.640.770.930.7
0.510.550.870.960.210.870.70.290.180.430.370.180.51-0.340.50.930.690.130.610.680.680.430.150.440.68
0.330.21-0.110.140.440.10.160.370.180.310.01.00.21-0.150.260.20.38-0.150.25-0.150.37-0.220.280.380.43
0.990.960.220.470.920.480.870.90.430.310.410.30.960.140.980.520.690.240.960.020.90.610.90.990.64
0.410.360.210.270.270.020.270.350.370.00.410.00.360.160.430.140.590.150.45-0.30.380.540.320.340.09
0.330.21-0.110.140.440.10.160.360.181.00.30.00.21-0.160.260.20.38-0.150.25-0.140.37-0.220.280.380.43
0.970.950.320.550.860.580.860.880.510.210.960.360.210.060.960.60.630.160.950.170.930.660.780.970.73
0.110.18-0.51-0.420.02-0.44-0.07-0.14-0.34-0.150.140.16-0.160.060.2-0.450.190.710.15-0.470.02-0.220.320.06-0.55
0.990.990.280.520.840.520.890.840.50.260.980.430.260.960.20.570.760.320.990.080.930.620.860.960.62
0.590.630.830.970.350.970.790.440.930.20.520.140.20.6-0.450.570.610.010.660.770.740.470.230.550.82
0.730.770.420.620.450.480.680.490.690.380.690.590.380.630.190.760.610.310.810.10.820.390.50.660.47
0.220.3-0.010.10.050.090.33-0.160.13-0.150.240.15-0.150.160.710.320.010.310.280.070.12-0.130.450.15-0.3
0.980.990.390.620.770.60.90.80.610.250.960.450.250.950.150.990.660.810.280.170.970.650.770.940.68
0.080.180.740.77-0.130.860.44-0.090.68-0.150.02-0.3-0.140.17-0.470.080.770.10.070.170.260.12-0.180.050.49
0.950.950.430.680.750.660.850.80.680.370.90.380.370.930.020.930.740.820.120.970.260.580.640.920.78
0.610.610.480.480.440.430.590.640.43-0.220.610.54-0.220.66-0.220.620.470.39-0.130.650.120.580.40.570.54
0.850.8-0.040.20.880.240.750.770.150.280.90.320.280.780.320.860.230.50.450.77-0.180.640.40.860.34
0.990.940.220.480.940.510.860.930.440.380.990.340.380.970.060.960.550.660.150.940.050.920.570.860.71
0.690.640.60.750.60.780.710.70.680.430.640.090.430.73-0.550.620.820.47-0.30.680.490.780.540.340.71
Click cells to compare fundamentals

Matthews International Account Relationship Matchups

Matthews International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.1B2.0B1.9B1.9B1.8B1.2B
Short Long Term Debt Total834.5M763.7M798.6M864.4M839.2M424.6M
Other Current Liab176.4M205.6M254.6M203.1M289.4M303.9M
Total Current Liabilities316.9M354.2M411.4M394.6M434.8M456.5M
Total Stockholder Equity611.4M636.4M487.1M525.7M437.2M456.8M
Property Plant And Equipment Net236.8M223.7M256.1M342.0M340.0M357.0M
Net Debt793.2M714.5M729.6M822.3M798.3M838.3M
Retained Earnings859.0M834.2M706.7M714.7M623.1M573.1M
Accounts Payable82.9M112.7M121.4M114.3M108.4M113.8M
Cash41.3M49.2M69.0M42.1M40.8M51.1M
Non Current Assets Total1.5B1.4B1.3B1.2B1.2B832.5M
Non Currrent Assets Other94.4M115.0M90.9M8.2M9.6M9.1M
Cash And Short Term Investments41.3M49.2M69.0M42.1M40.8M51.6M
Net Receivables295.2M309.8M221.0M282.2M299.0M179.7M
Common Stock Shares Outstanding31.2M32.0M31.4M31.3M30.9M25.6M
Liabilities And Stockholders Equity2.1B2.0B1.9B1.9B1.8B1.2B
Non Current Liabilities Total1.1B1.0B984.3M967.5M962.9M554.7M
Inventory175.1M189.1M225.4M260.4M237.9M249.8M
Other Current Assets64.0M76.1M110.7M63.6M54.9M30.3M
Other Stockholder Equity(43.8M)(41.3M)(65.5M)(51.0M)(53.5M)(56.2M)
Total Liab1.5B1.4B1.4B1.4B1.4B750.5M
Property Plant And Equipment Gross236.8M223.7M256.1M758.6M807.2M847.6M
Total Current Assets575.6M624.2M628.6M648.3M632.5M379.1M
Accumulated Other Comprehensive Income(240.7M)(192.7M)(190.2M)(174.4M)(168.7M)(160.3M)
Short Term Debt53.9M31.7M26.1M27.7M29.5M20.7M
Intangible Assets333.5M261.5M202.2M160.5M126.0M176.8M
Good Will765.4M773.8M675.4M698.1M697.1M482.9M
Other Liab292.4M282.7M282.4M137.6M158.2M158.2M
Other Assets40.2M30.7M148.9M19.7M22.6M40.9M
Long Term Debt807.7M759.1M795.3M786.5M769.6M499.5M
Treasury Stock(200.2M)(179.0M)(190.7M)(225.8M)(203.2M)(213.4M)
Property Plant Equipment237.4M236.8M223.7M328.0M377.2M396.1M
Current Deferred Revenue(82.9M)(112.7M)31.9M36.9M33.2M34.9M
Net Tangible Assets(529.4M)610.8M(398.9M)(390.2M)(351.2M)(333.6M)

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