| MTRX Stock | | | USD 13.40 0.14 1.06% |
Matrix Service financial indicator trend analysis is infinitely more than just investigating Matrix Service recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Matrix Service is a good investment. Please check the relationship between Matrix Service Net Income and its End Period Cash Flow accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Matrix Service Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Net Income vs End Period Cash Flow
Net Income vs End Period Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Matrix Service Net Income account and
End Period Cash Flow. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Matrix Service's Net Income and End Period Cash Flow is -0.34. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of End Period Cash Flow in the same time period over historical financial statements of Matrix Service Co, assuming nothing else is changed. The correlation between historical values of Matrix Service's Net Income and End Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Matrix Service Co are associated (or correlated) with its End Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when End Period Cash Flow has no effect on the direction of Net Income i.e., Matrix Service's Net Income and End Period Cash Flow go up and down completely randomly.
Correlation Coefficient | -0.34 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Matrix Service financial statement analysis. It represents the amount of money remaining after all of Matrix Service Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
End Period Cash Flow
Most indicators from Matrix Service's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Matrix Service 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 Matrix Service Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
At this time, Matrix Service's
Enterprise Value Over EBITDA is fairly stable compared to the past year.
Enterprise Value Multiple is likely to rise to 4.78 in 2024, whereas
Selling General Administrative is likely to drop slightly above 52.5
M in 2024.
Matrix Service fundamental ratios Correlations
Click cells to compare fundamentals
Matrix Service Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Matrix Service fundamental ratios Accounts
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Additional Tools for Matrix Stock Analysis
When running Matrix Service's price analysis, check to
measure Matrix Service'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 Matrix Service is operating at the current time. Most of Matrix Service's value examination focuses on studying past and present price action to
predict the probability of Matrix Service's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Matrix Service's price. Additionally, you may evaluate how the addition of Matrix Service to your portfolios can decrease your overall portfolio volatility.