0JZ1 Stock | | | 79.19 1.03 1.28% |
Masco Corp financial indicator trend analysis is infinitely more than just investigating Masco Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Masco Corp is a good investment. Please check the relationship between Masco Corp Inventory and its Accounts Payable accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Masco Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Inventory vs Accounts Payable
Inventory vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Masco Corp Inventory account and
Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Masco Corp's Inventory and Accounts Payable is 0.8. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Masco Corp, assuming nothing else is changed. The correlation between historical values of Masco Corp's Inventory and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Masco Corp are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Inventory i.e., Masco Corp's Inventory and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Inventory
Accounts Payable
An accounting item on the balance sheet that represents Masco Corp obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Masco Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Masco Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Masco Corp 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Masco Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Tax Provision is likely to drop to about 204.5
M in 2024.
Selling General Administrative is likely to drop to about 1.5
B in 2024
Masco Corp fundamental ratios Correlations
Click cells to compare fundamentals
Masco Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Masco Corp fundamental ratios Accounts
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Additional Tools for Masco Stock Analysis
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measure Masco Corp'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 Masco Corp is operating at the current time. Most of Masco Corp's value examination focuses on studying past and present price action to
predict the probability of Masco Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Masco Corp's price. Additionally, you may evaluate how the addition of Masco Corp to your portfolios can decrease your overall portfolio volatility.