MasTec Long Term Investments vs Capital Surpluse Analysis

MTZ Stock

USD 144.55 3.39 2.29%

MasTec financial indicator trend analysis is infinitely more than just investigating MasTec Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MasTec Inc is a good investment. Please check the relationship between MasTec Long Term Investments and its Capital Surpluse accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MasTec 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.

Long Term Investments vs Capital Surpluse

Long Term Investments vs Capital Surpluse Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MasTec Inc Long Term Investments account and Capital Surpluse. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between MasTec's Long Term Investments and Capital Surpluse is -0.45. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Capital Surpluse in the same time period over historical financial statements of MasTec Inc, assuming nothing else is changed. The correlation between historical values of MasTec's Long Term Investments and Capital Surpluse is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of MasTec Inc are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Long Term Investments i.e., MasTec's Long Term Investments and Capital Surpluse go up and down completely randomly.

Correlation Coefficient

-0.45

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Long Term Investments

Long Term Investments is an item on the asset side of MasTec balance sheet that represents investments MasTec Inc intends to hold for over a year. MasTec Inc long term investments may include different instruments such as stocks, bonds, real estate and cash.

Capital Surpluse

Most indicators from MasTec's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MasTec 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 MasTec 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, MasTec's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.09 in 2024, whereas Discontinued Operations is likely to drop (7.8 M) in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	1.1B	1.2B	786.8M	826.2M
Total Revenue	8.0B	9.8B	12.0B	12.6B

Gross Profit Total Revenue

MasTec fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock Total Equity	Common Stock
Total Assets		0.99	0.97	0.99	0.98	0.99	0.97	0.94	0.89	1.0	-0.42	0.89	0.99	0.12	1.0	0.6	0.09	0.08	1.0	0.92	1.0	0.96	0.94	0.93	0.6	0.55
Short Long Term Debt Total	0.99		0.95	0.99	0.94	0.97	0.99	0.89	0.86	0.99	-0.47	0.86	0.98	0.06	0.99	0.56	0.12	0.08	1.0	0.93	0.98	0.96	0.95	0.94	0.53	0.48
Other Current Liab	0.97	0.95		0.95	0.96	0.97	0.91	0.94	0.9	0.96	-0.36	0.9	0.95	0.03	0.96	0.49	0.12	0.12	0.96	0.89	0.97	0.93	0.91	0.85	0.53	0.49
Total Current Liabilities	0.99	0.99	0.95		0.95	0.98	0.97	0.9	0.9	0.99	-0.37	0.9	0.98	0.1	0.98	0.59	0.04	0.07	0.99	0.95	0.99	0.97	0.93	0.96	0.57	0.51
Total Stockholder Equity	0.98	0.94	0.96	0.95		0.98	0.91	0.97	0.89	0.98	-0.38	0.89	0.97	0.16	0.97	0.6	0.1	0.07	0.97	0.86	0.98	0.93	0.9	0.87	0.64	0.61
Property Plant And Equipment Net	0.99	0.97	0.97	0.98	0.98		0.94	0.96	0.91	0.99	-0.41	0.91	0.97	0.04	0.98	0.53	0.05	0.02	0.98	0.91	0.98	0.97	0.94	0.9	0.54	0.49
Net Debt	0.97	0.99	0.91	0.97	0.91	0.94		0.84	0.79	0.97	-0.5	0.79	0.97	0.1	0.98	0.59	0.13	0.1	0.98	0.9	0.96	0.93	0.95	0.94	0.54	0.48
Retained Earnings	0.94	0.89	0.94	0.9	0.97	0.96	0.84		0.89	0.93	-0.35	0.89	0.92	-0.01	0.92	0.46	0.07	-0.08	0.92	0.82	0.94	0.91	0.83	0.8	0.52	0.48
Cash	0.89	0.86	0.9	0.9	0.89	0.91	0.79	0.89		0.89	-0.26	1.0	0.83	-0.13	0.86	0.32	-0.03	-0.04	0.88	0.9	0.88	0.94	0.83	0.8	0.38	0.31
Non Current Assets Total	1.0	0.99	0.96	0.99	0.98	0.99	0.97	0.93	0.89		-0.44	0.89	0.98	0.11	0.99	0.59	0.07	0.08	1.0	0.92	0.99	0.97	0.96	0.93	0.58	0.54
Non Currrent Assets Other	-0.42	-0.47	-0.36	-0.37	-0.38	-0.41	-0.5	-0.35	-0.26	-0.44		-0.26	-0.41	-0.02	-0.48	-0.24	-0.02	-0.14	-0.44	-0.17	-0.4	-0.35	-0.55	-0.37	-0.18	-0.2
Cash And Short Term Investments	0.89	0.86	0.9	0.9	0.89	0.91	0.79	0.89	1.0	0.89	-0.26		0.83	-0.13	0.86	0.32	-0.03	-0.04	0.88	0.9	0.88	0.94	0.83	0.8	0.38	0.31
Net Receivables	0.99	0.98	0.95	0.98	0.97	0.97	0.97	0.92	0.83	0.98	-0.41	0.83		0.17	0.99	0.64	0.13	0.07	0.99	0.89	1.0	0.94	0.9	0.94	0.63	0.59
Common Stock Shares Outstanding	0.12	0.06	0.03	0.1	0.16	0.04	0.1	-0.01	-0.13	0.11	-0.02	-0.13	0.17		0.1	0.72	0.11	0.51	0.1	-0.06	0.13	-0.05	0.02	0.18	0.82	0.86
Non Current Liabilities Total	1.0	0.99	0.96	0.98	0.97	0.98	0.98	0.92	0.86	0.99	-0.48	0.86	0.99	0.1		0.59	0.11	0.08	1.0	0.9	0.99	0.95	0.96	0.93	0.57	0.53
Inventory	0.6	0.56	0.49	0.59	0.6	0.53	0.59	0.46	0.32	0.59	-0.24	0.32	0.64	0.72	0.59		-0.07	0.22	0.6	0.43	0.62	0.46	0.49	0.67	0.82	0.84
Other Current Assets	0.09	0.12	0.12	0.04	0.1	0.05	0.13	0.07	-0.03	0.07	-0.02	-0.03	0.13	0.11	0.11	-0.07		0.18	0.08	0.04	0.11	0.02	0.03	-0.02	0.13	0.14
Other Stockholder Equity	0.08	0.08	0.12	0.07	0.07	0.02	0.1	-0.08	-0.04	0.08	-0.14	-0.04	0.07	0.51	0.08	0.22	0.18		0.08	0.03	0.06	0.01	0.12	-0.04	0.43	0.42
Total Liab	1.0	1.0	0.96	0.99	0.97	0.98	0.98	0.92	0.88	1.0	-0.44	0.88	0.99	0.1	1.0	0.6	0.08	0.08		0.93	0.99	0.97	0.95	0.95	0.57	0.52
Property Plant And Equipment Gross	0.92	0.93	0.89	0.95	0.86	0.91	0.9	0.82	0.9	0.92	-0.17	0.9	0.89	-0.06	0.9	0.43	0.04	0.03	0.93		0.91	0.96	0.86	0.9	0.42	0.32
Total Current Assets	1.0	0.98	0.97	0.99	0.98	0.98	0.96	0.94	0.88	0.99	-0.4	0.88	1.0	0.13	0.99	0.62	0.11	0.06	0.99	0.91		0.96	0.92	0.94	0.61	0.57
Short Term Debt	0.96	0.96	0.93	0.97	0.93	0.97	0.93	0.91	0.94	0.97	-0.35	0.94	0.94	-0.05	0.95	0.46	0.02	0.01	0.97	0.96	0.96		0.91	0.9	0.46	0.39
Intangible Assets	0.94	0.95	0.91	0.93	0.9	0.94	0.95	0.83	0.83	0.96	-0.55	0.83	0.9	0.02	0.96	0.49	0.03	0.12	0.95	0.86	0.92	0.91		0.88	0.46	0.41
Accounts Payable	0.93	0.94	0.85	0.96	0.87	0.9	0.94	0.8	0.8	0.93	-0.37	0.8	0.94	0.18	0.93	0.67	-0.02	-0.04	0.95	0.9	0.94	0.9	0.88		0.58	0.52
Common Stock Total Equity	0.6	0.53	0.53	0.57	0.64	0.54	0.54	0.52	0.38	0.58	-0.18	0.38	0.63	0.82	0.57	0.82	0.13	0.43	0.57	0.42	0.61	0.46	0.46	0.58		0.98
Common Stock	0.55	0.48	0.49	0.51	0.61	0.49	0.48	0.48	0.31	0.54	-0.2	0.31	0.59	0.86	0.53	0.84	0.14	0.42	0.52	0.32	0.57	0.39	0.41	0.52	0.98

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MasTec Account Relationship Matchups

MasTec fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.0B	5.2B	7.1B	9.3B	9.4B	9.8B
Short Long Term Debt Total	1.5B	1.4B	2.1B	3.5B	3.5B	3.7B
Other Current Liab	277.9M	398.0M	574.2M	615.0M	660.9M	693.9M
Total Current Liabilities	1.2B	1.4B	1.8B	2.5B	2.8B	3.0B
Total Stockholder Equity	1.8B	2.0B	2.5B	2.7B	2.7B	2.8B
Property Plant And Equipment Net	1.1B	1.2B	1.7B	2.0B	2.1B	2.2B
Net Debt	1.4B	851.0M	1.7B	3.1B	3.0B	3.1B
Retained Earnings	1.5B	1.8B	2.2B	2.2B	2.1B	2.3B
Cash	71.4M	423.1M	360.7M	370.6M	529.6M	556.0M
Non Current Assets Total	2.8B	2.9B	4.2B	5.4B	5.4B	5.7B
Non Currrent Assets Other	254.7M	282.9M	360.1M	(571.0B)	418.6M	439.5M
Cash And Short Term Investments	71.4M	423.1M	360.7M	370.6M	529.6M	556.0M
Net Receivables	1.9B	1.8B	2.2B	3.1B	3.1B	3.3B
Common Stock Shares Outstanding	75.8M	73.7M	73.9M	76.2M	77.5M	60.9M
Liabilities And Stockholders Equity	5.0B	5.2B	7.1B	9.3B	9.4B	9.8B
Non Current Liabilities Total	2.0B	1.8B	2.8B	4.1B	3.8B	4.0B
Inventory	100.1M	89.6M	92.6M	118.0M	108.1M	113.6M
Other Current Assets	75.2M	31.4M	81.9M	240.9M	210.1M	220.6M
Other Stockholder Equity	347.5M	254.1M	450.7M	582.7M	603.4M	375.5M
Total Liab	3.2B	3.2B	4.6B	6.6B	6.7B	7.0B
Property Plant And Equipment Gross	1.1B	1.2B	1.7B	2.0B	4.0B	4.2B
Total Current Assets	2.2B	2.4B	2.9B	3.9B	4.0B	4.2B
Accumulated Other Comprehensive Income	(75.7M)	(91.4M)	(78.8M)	(51.0M)	(53.0M)	(55.6M)
Short Term Debt	200.0M	217.6M	233.3M	364.9M	452.8M	475.4M
Intangible Assets	211.5M	184.0M	670.3M	946.3M	784.3M	823.5M
Accounts Payable	535.0M	571.3M	663.1M	1.1B	1.2B	1.3B
Common Stock Total Equity	9.2M	9.3M	9.5M	9.9M	11.3M	8.1M
Common Stock	9.2M	9.3M	9.5M	9.9M	9.9M	8.2M
Other Liab	517.6M	533.0M	740.3M	809.8M	931.3M	977.8M
Other Assets	103K	105K	(33K)	41K	(112K)	(106.4K)
Long Term Debt	1.3B	1.2B	1.9B	3.1B	2.9B	3.0B
Property Plant Equipment	905.8M	982.3M	1.7B	2.0B	2.3B	2.5B
Current Deferred Revenue	206.2M	228.4M	314.0M	406.2M	481.0M	505.0M
Good Will	1.2B	1.2B	1.5B	2.0B	2.1B	2.2B
Net Tangible Assets	354.3M	574.8M	353.0M	(254.0M)	(292.1M)	(277.5M)
Noncontrolling Interest In Consolidated Entity	4.5M	3.6M	4.1M	3.9M	4.4M	4.2M
Retained Earnings Total Equity	1.5B	1.8B	2.2B	2.2B	2.5B	2.7B
Long Term Debt Total	1.3B	1.2B	1.9B	3.1B	3.5B	3.7B

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MasTec Long Term Investments vs Capital Surpluse Analysis

Long Term Investments vs Capital Surpluse

Long Term Investments vs Capital Surpluse Correlation Analysis

Correlation Coefficient

Long Term Investments

Capital Surpluse

MasTec fundamental ratios Correlations

MasTec Account Relationship Matchups

High Positive Relationship

High Negative Relationship

MasTec fundamental ratios Accounts

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Additional Tools for MasTec Stock Analysis

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Non Current Assets Total	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash

Intangible Assets	- 0.55	Non Currrent Assets Other
Non Currrent Assets Other	- 0.5	Net Debt
Non Current Liabilities Total	- 0.48	Non Currrent Assets Other
Non Currrent Assets Other	- 0.47	Short Long Term Debt Total
Total Liab	- 0.44	Non Currrent Assets Other
Non Currrent Assets Other	- 0.44	Non Current Assets Total