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 Other Current Assets and its Total Liab 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.
Other Current Assets vs Total Liab
Other Current Assets vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Masco Corp Other Current Assets account and
Total Liab. At this time, the significance of the direction appears to have weak relationship.
The correlation between Masco Corp's Other Current Assets and Total Liab is 0.37. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Liab 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 Other Current Assets and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Masco Corp are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Other Current Assets i.e., Masco Corp's Other Current Assets and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.37 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-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.