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 Property Plant Equipment and its Net Invested Capital 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.
Property Plant Equipment vs Net Invested Capital
Property Plant Equipment vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Matthews International Property Plant Equipment account and
Net Invested Capital. At this time, the significance of the direction appears to have pay attention.
The correlation between Matthews International's Property Plant Equipment and Net Invested Capital is -0.71. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Net Invested Capital 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 Property Plant Equipment and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Matthews International are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Property Plant Equipment i.e., Matthews International's Property Plant Equipment and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | -0.71 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Property Plant Equipment
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
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).
Matthews International fundamental ratios Correlations
Click cells to compare fundamentals
Matthews International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Matthews International fundamental ratios Accounts
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Additional Tools for Matthews Stock Analysis
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measure Matthews International'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 Matthews International is operating at the current time. Most of Matthews International's value examination focuses on studying past and present price action to
predict the probability of Matthews International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Matthews International's price. Additionally, you may evaluate how the addition of Matthews International to your portfolios can decrease your overall portfolio volatility.