Matador Change To Inventory vs Net Income Analysis

MTDR Stock

USD 63.77 0.39 0.62%

Matador Resources financial indicator trend analysis is infinitely more than just investigating Matador Resources recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Matador Resources is a good investment. Please check the relationship between Matador Resources Change To Inventory and its Net Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Matador Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

To learn how to invest in Matador Stock, please use our How to Invest in Matador Resources guide.

Change To Inventory vs Net Income

Change To Inventory vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Matador Resources Change To Inventory account and Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Matador Resources' Change To Inventory and Net Income is -0.3. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Net Income in the same time period over historical financial statements of Matador Resources, assuming nothing else is changed. The correlation between historical values of Matador Resources' Change To Inventory and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Matador Resources are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Change To Inventory i.e., Matador Resources' Change To Inventory and Net Income go up and down completely randomly.

Correlation Coefficient

-0.3

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Matador Resources financial statement analysis. It represents the amount of money remaining after all of Matador Resources operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Matador Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Matador Resources 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 Matador Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

To learn how to invest in Matador Stock, please use our How to Invest in Matador Resources guide.At this time, Matador Resources' Tax Provision is relatively stable compared to the past year. As of 01/18/2025, Enterprise Value Over EBITDA is likely to grow to 8.03, while Selling General Administrative is likely to drop slightly above 94.4 M.

	2022	2023	2024	2025 (projected)
Gross Profit	1.9B	1.3B	1.5B	1.6B
Total Revenue	3.1B	2.8B	3.2B	3.4B

Gross Profit Total Revenue

Matador Resources fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Common Stock Total Equity	Retained Earnings Total Equity	Common Stock Shares Outstanding	Short Term Investments	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Treasury Stock	Short Term Debt
Total Assets		0.87	0.99	0.99	0.92	0.98	0.83	0.86	0.27	0.02	0.96	0.98	0.64	0.76	0.68	0.02	0.96	0.92	0.3	0.99	0.91	0.46	0.51	0.9	0.45	0.95
Other Current Liab	0.87		0.83	0.87	0.87	0.8	0.88	0.76	-0.04	-0.06	0.81	0.84	0.34	0.75	0.39	0.12	0.95	0.92	0.1	0.87	0.86	0.34	0.22	0.69	0.29	0.89
Total Current Liabilities	0.99	0.83		0.99	0.92	0.99	0.81	0.86	0.33	-0.04	0.93	0.98	0.67	0.75	0.7	0.03	0.94	0.89	0.34	0.98	0.9	0.49	0.55	0.92	0.46	0.94
Total Stockholder Equity	0.99	0.87	0.99		0.95	0.99	0.88	0.89	0.31	-0.07	0.91	0.99	0.6	0.82	0.64	0.0	0.96	0.91	0.28	0.97	0.94	0.45	0.48	0.92	0.42	0.95
Other Liab	0.92	0.87	0.92	0.95		0.93	0.91	0.84	0.41	-0.15	0.78	0.97	0.46	0.88	0.51	0.12	0.9	0.85	0.14	0.88	0.98	0.36	0.33	0.94	0.36	0.94
Net Tangible Assets	0.98	0.8	0.99	0.99	0.93		0.83	0.88	0.4	-0.05	0.91	0.99	0.66	0.79	0.69	-0.01	0.92	0.86	0.32	0.96	0.92	0.48	0.54	0.95	0.44	0.93
Retained Earnings	0.83	0.88	0.81	0.88	0.91	0.83		0.85	0.17	-0.28	0.67	0.87	0.2	0.97	0.26	-0.11	0.88	0.82	-0.11	0.78	0.94	0.25	0.09	0.78	0.13	0.88
Accounts Payable	0.86	0.76	0.86	0.89	0.84	0.88	0.85		0.24	-0.19	0.76	0.86	0.48	0.82	0.48	-0.05	0.89	0.84	0.26	0.83	0.85	0.46	0.38	0.8	0.16	0.82
Cash	0.27	-0.04	0.33	0.31	0.41	0.4	0.17	0.24		-0.04	0.14	0.4	0.38	0.28	0.37	-0.05	0.1	0.01	0.29	0.21	0.4	0.15	0.38	0.65	0.29	0.3
Other Assets	0.02	-0.06	-0.04	-0.07	-0.15	-0.05	-0.28	-0.19	-0.04		0.22	-0.07	0.2	-0.34	0.2	-0.01	-0.05	-0.01	0.01	0.11	-0.08	0.04	0.19	-0.07	0.13	-0.02
Long Term Debt	0.96	0.81	0.93	0.91	0.78	0.91	0.67	0.76	0.14	0.22		0.88	0.69	0.56	0.74	0.03	0.91	0.88	0.35	0.98	0.77	0.45	0.57	0.78	0.5	0.86
Net Receivables	0.98	0.84	0.98	0.99	0.97	0.99	0.87	0.86	0.4	-0.07	0.88		0.59	0.83	0.63	0.01	0.93	0.86	0.25	0.95	0.95	0.41	0.47	0.95	0.42	0.95
Common Stock Total Equity	0.64	0.34	0.67	0.6	0.46	0.66	0.2	0.48	0.38	0.2	0.69	0.59		0.15	0.9	0.17	0.5	0.5	0.75	0.66	0.4	0.68	0.97	0.61	0.48	0.5
Retained Earnings Total Equity	0.76	0.75	0.75	0.82	0.88	0.79	0.97	0.82	0.28	-0.34	0.56	0.83	0.15		0.21	-0.16	0.78	0.71	-0.18	0.69	0.92	0.19	0.04	0.77	0.08	0.82
Common Stock Shares Outstanding	0.68	0.39	0.7	0.64	0.51	0.69	0.26	0.48	0.37	0.2	0.74	0.63	0.9	0.21		0.16	0.54	0.54	0.68	0.7	0.44	0.38	0.8	0.65	0.69	0.47
Short Term Investments	0.02	0.12	0.03	0.0	0.12	-0.01	-0.11	-0.05	-0.05	-0.01	0.03	0.01	0.17	-0.16	0.16		0.01	0.2	0.3	0.04	-0.03	0.16	0.08	0.02	0.28	-0.02
Inventory	0.96	0.95	0.94	0.96	0.9	0.92	0.88	0.89	0.1	-0.05	0.91	0.93	0.5	0.78	0.54	0.01		0.95	0.25	0.95	0.89	0.39	0.38	0.81	0.37	0.93
Other Current Assets	0.92	0.92	0.89	0.91	0.85	0.86	0.82	0.84	0.01	-0.01	0.88	0.86	0.5	0.71	0.54	0.2	0.95		0.26	0.92	0.83	0.43	0.35	0.74	0.44	0.87
Other Stockholder Equity	0.3	0.1	0.34	0.28	0.14	0.32	-0.11	0.26	0.29	0.01	0.35	0.25	0.75	-0.18	0.68	0.3	0.25	0.26		0.31	0.04	0.45	0.74	0.32	0.54	0.13
Total Liab	0.99	0.87	0.98	0.97	0.88	0.96	0.78	0.83	0.21	0.11	0.98	0.95	0.66	0.69	0.7	0.04	0.95	0.92	0.31		0.87	0.46	0.53	0.85	0.48	0.93
Deferred Long Term Liab	0.91	0.86	0.9	0.94	0.98	0.92	0.94	0.85	0.4	-0.08	0.77	0.95	0.4	0.92	0.44	-0.03	0.89	0.83	0.04	0.87		0.35	0.29	0.92	0.27	0.95
Long Term Investments	0.46	0.34	0.49	0.45	0.36	0.48	0.25	0.46	0.15	0.04	0.45	0.41	0.68	0.19	0.38	0.16	0.39	0.43	0.45	0.46	0.35		0.69	0.4	-0.08	0.45
Short Long Term Debt	0.51	0.22	0.55	0.48	0.33	0.54	0.09	0.38	0.38	0.19	0.57	0.47	0.97	0.04	0.8	0.08	0.38	0.35	0.74	0.53	0.29	0.69		0.51	0.35	0.42
Total Current Assets	0.9	0.69	0.92	0.92	0.94	0.95	0.78	0.8	0.65	-0.07	0.78	0.95	0.61	0.77	0.65	0.02	0.81	0.74	0.32	0.85	0.92	0.4	0.51		0.46	0.89
Treasury Stock	0.45	0.29	0.46	0.42	0.36	0.44	0.13	0.16	0.29	0.13	0.5	0.42	0.48	0.08	0.69	0.28	0.37	0.44	0.54	0.48	0.27	-0.08	0.35	0.46		0.3
Short Term Debt	0.95	0.89	0.94	0.95	0.94	0.93	0.88	0.82	0.3	-0.02	0.86	0.95	0.5	0.82	0.47	-0.02	0.93	0.87	0.13	0.93	0.95	0.45	0.42	0.89	0.3

Click cells to compare fundamentals

Matador Resources Account Relationship Matchups

Matador Resources fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	3.7B	4.3B	5.6B	7.7B	8.9B	9.3B
Other Current Liab	82.6M	45.5M	41.7M	555.1M	638.3M	670.3M
Total Current Liabilities	290.9M	464.8M	575.9M	685.3M	788.1M	827.5M
Total Stockholder Equity	1.3B	1.9B	3.1B	3.9B	4.5B	4.7B
Other Liab	76.1M	37.9M	142.3M	481.3M	553.5M	581.2M
Net Tangible Assets	1.8B	1.3B	1.9B	3.1B	3.6B	3.8B
Noncontrolling Interest In Consolidated Entity	135.8M	226.5M	220.2M	206.3M	237.2M	249.1M
Retained Earnings	(741.7M)	(171.3M)	1.0B	1.8B	2.0B	2.1B
Accounts Payable	14.0M	26.3M	58.8M	68.2M	78.4M	82.3M
Cash	57.9M	48.1M	505.2M	52.7M	60.6M	80.7M
Other Assets	5.9M	3.4B	34.2M	5.7M	6.5M	6.2M
Long Term Debt	1.8B	1.5B	1.2B	2.2B	2.5B	2.7B
Net Receivables	137.1M	241.4M	453.8M	473.0M	543.9M	571.1M
Common Stock Total Equity	1.2M	1.2M	1.2M	1.2M	1.4M	829.7K
Retained Earnings Total Equity	(148.5M)	(741.7M)	(171.3M)	1.0B	1.2B	1.2B
Common Stock Shares Outstanding	116.1M	119.2M	120.1M	120.0M	138.0M	86.2M
Inventory	10.6M	12.2M	15.2M	41.8M	48.1M	50.5M
Other Current Assets	56.0M	69.6M	51.6M	148.4M	170.7M	179.3M
Other Stockholder Equity	2.0B	2.1B	2.1B	2.1B	2.5B	1.8B
Total Liab	2.2B	2.1B	2.2B	3.6B	4.1B	4.3B
Deferred Long Term Liab	13.3M	39.3M	77.9M	428.4M	492.6M	517.2M
Total Current Assets	261.6M	371.3M	1.1B	715.9M	823.3M	864.4M
Treasury Stock	(26K)	(3K)	(243K)	(34K)	(39.1K)	(41.1K)
Short Term Debt	24.3M	32.2M	47.0M	62.0M	71.3M	74.9M
Common Stock	1.2M	1.2M	1.2M	1.2M	1.4M	858.1K
Property Plant Equipment	3.7B	3.4B	3.9B	4.4B	5.1B	5.3B
Property Plant And Equipment Net	3.4B	3.9B	4.4B	7.0B	8.1B	8.5B
Current Deferred Revenue	170.1M	360.9M	428.4M	20.0M	22.9M	21.8M
Net Debt	1.8B	1.5B	655.1M	2.2B	2.5B	2.7B
Non Current Assets Total	3.4B	3.9B	4.5B	7.0B	8.1B	8.5B
Cash And Short Term Investments	57.9M	48.1M	505.2M	52.7M	60.6M	92.9M
Liabilities And Stockholders Equity	3.7B	4.3B	5.6B	7.7B	8.9B	9.3B
Non Current Liabilities Total	1.9B	1.7B	1.7B	2.9B	3.4B	3.5B
Property Plant And Equipment Gross	29.6M	3.9B	4.4B	12.2B	14.0B	14.7B

Pair Trading with Matador Resources

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Matador Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Matador Resources will appreciate offsetting losses from the drop in the long position's value.

Moving together with Matador Stock

0.85	AR	Antero Resources Corp Sell-off Trend	Pair Corr
0.93	PR	Permian Resources	Pair Corr
0.74	SD	SandRidge Energy	Pair Corr

Moving against Matador Stock

0.52	ROCLU	Roth CH Acquisition	Pair Corr
0.51	BRN	Barnwell Industries	Pair Corr
0.31	BRY	Berry Petroleum Corp	Pair Corr

The ability to find closely correlated positions to Matador Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Matador Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Matador Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Matador Resources to buy it.

The correlation of Matador Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Matador Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Matador Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Matador Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Matador Stock Analysis

When running Matador Resources' price analysis, check to measure Matador Resources' 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 Matador Resources is operating at the current time. Most of Matador Resources' value examination focuses on studying past and present price action to predict the probability of Matador Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Matador Resources' price. Additionally, you may evaluate how the addition of Matador Resources to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC