MATX Stock | | | USD 153.18 0.10 0.07% |
Matson financial indicator trend analysis is infinitely more than just investigating Matson Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Matson Inc is a good investment. Please check the relationship between Matson Gross Profit and its Ebit accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Matson Inc. 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.
Gross Profit vs Ebit
Gross Profit vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Matson Inc Gross Profit account and
Ebit. At this time, the significance of the direction appears to have totally related.
The correlation between Matson's Gross Profit and Ebit is 0.99. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Ebit in the same time period over historical financial statements of Matson Inc, assuming nothing else is changed. The correlation between historical values of Matson's Gross Profit and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Matson Inc are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Gross Profit i.e., Matson's Gross Profit and Ebit go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Matson Inc minus its cost of goods sold. It is profit before Matson operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Ebit
Most indicators from Matson's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Matson Inc 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 Matson Inc. 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.
At this time, Matson's
Tax Provision is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 0.1 in 2024, whereas
Selling General Administrative is likely to drop slightly above 174
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 1.4B | 1.5B | 623.9M | 375.0M | Total Revenue | 3.9B | 4.3B | 3.1B | 1.7B |
Matson fundamental ratios Correlations
Click cells to compare fundamentals
Matson Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Matson fundamental ratios Accounts
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Additional Tools for Matson Stock Analysis
When running Matson's price analysis, check to
measure Matson'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 Matson is operating at the current time. Most of Matson's value examination focuses on studying past and present price action to
predict the probability of Matson's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Matson's price. Additionally, you may evaluate how the addition of Matson to your portfolios can decrease your overall portfolio volatility.