Masco Total Current Assets vs Current Deferred Revenue Analysis

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 Total Current Assets and its Current Deferred Revenue 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.

Total Current Assets vs Current Deferred Revenue

Total Current Assets vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Masco Corp Total Current Assets account and Current Deferred Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Masco Corp's Total Current Assets and Current Deferred Revenue is -0.37. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Current Deferred Revenue 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 Total Current Assets and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Masco Corp are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Current Assets i.e., Masco Corp's Total Current Assets and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.37
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
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
 2021 2022 2023 2024 (projected)
Total Revenue8.4B8.7B8.0B7.3B
Depreciation And Amortization151M145M149M180.3M

Masco Corp fundamental ratios Correlations

0.890.770.780.070.860.65-0.170.70.9-0.590.680.590.530.870.440.36-0.090.890.870.33-0.470.6-0.22-0.35-0.1
0.890.760.91-0.180.870.84-0.440.640.7-0.60.610.740.420.920.620.29-0.040.980.90.43-0.450.79-0.42-0.54-0.24
0.770.760.73-0.110.730.68-0.240.440.57-0.590.390.740.230.810.620.640.060.830.810.07-0.130.7-0.53-0.58-0.42
0.780.910.73-0.10.660.67-0.30.710.51-0.490.680.640.390.740.550.260.190.90.90.65-0.410.73-0.39-0.52-0.34
0.07-0.18-0.11-0.1-0.26-0.510.920.390.160.00.42-0.580.47-0.15-0.560.020.21-0.14-0.050.23-0.35-0.370.760.820.67
0.860.870.730.66-0.260.84-0.490.410.84-0.540.330.70.230.840.590.28-0.280.820.680.17-0.190.59-0.46-0.5-0.15
0.650.840.680.67-0.510.84-0.730.120.52-0.460.090.810.020.790.830.41-0.310.80.650.12-0.070.73-0.69-0.68-0.39
-0.17-0.44-0.24-0.30.92-0.49-0.730.23-0.060.170.28-0.750.4-0.39-0.750.020.29-0.38-0.260.15-0.26-0.590.810.820.54
0.70.640.440.710.390.410.120.230.54-0.450.970.190.740.56-0.05-0.050.370.660.730.63-0.720.40.2-0.030.12
0.90.70.570.510.160.840.52-0.060.54-0.490.510.330.510.690.220.31-0.280.670.580.24-0.380.27-0.01-0.110.15
-0.59-0.6-0.59-0.490.0-0.54-0.460.17-0.45-0.49-0.4-0.4-0.37-0.66-0.37-0.350.25-0.63-0.57-0.110.38-0.480.140.20.02
0.680.610.390.680.420.330.090.280.970.51-0.40.140.80.54-0.1-0.010.330.630.720.62-0.80.370.260.010.1
0.590.740.740.64-0.580.70.81-0.750.190.33-0.40.14-0.140.760.880.27-0.10.760.74-0.110.060.91-0.87-0.88-0.56
0.530.420.230.390.470.230.020.40.740.51-0.370.8-0.140.46-0.360.220.240.460.420.48-0.870.060.570.250.29
0.870.920.810.74-0.150.840.79-0.390.560.69-0.660.540.760.460.570.4-0.090.960.860.13-0.480.81-0.39-0.51-0.17
0.440.620.620.55-0.560.590.83-0.75-0.050.22-0.37-0.10.88-0.360.570.33-0.170.60.59-0.10.290.8-0.88-0.75-0.56
0.360.290.640.260.020.280.410.02-0.050.31-0.35-0.010.270.220.40.33-0.020.370.34-0.09-0.020.17-0.19-0.24-0.37
-0.09-0.040.060.190.21-0.28-0.310.290.37-0.280.250.33-0.10.24-0.09-0.17-0.020.020.150.35-0.130.040.16-0.01-0.2
0.890.980.830.9-0.140.820.8-0.380.660.67-0.630.630.760.460.960.60.370.020.940.35-0.480.83-0.42-0.55-0.25
0.870.90.810.9-0.050.680.65-0.260.730.58-0.570.720.740.420.860.590.340.150.940.35-0.460.84-0.42-0.55-0.37
0.330.430.070.650.230.170.120.150.630.24-0.110.62-0.110.480.13-0.1-0.090.350.350.35-0.480.040.240.090.05
-0.47-0.45-0.13-0.41-0.35-0.19-0.07-0.26-0.72-0.380.38-0.80.06-0.87-0.480.29-0.02-0.13-0.48-0.46-0.48-0.17-0.43-0.15-0.21
0.60.790.70.73-0.370.590.73-0.590.40.27-0.480.370.910.060.810.80.170.040.830.840.04-0.17-0.69-0.71-0.41
-0.22-0.42-0.53-0.390.76-0.46-0.690.810.2-0.010.140.26-0.870.57-0.39-0.88-0.190.16-0.42-0.420.24-0.43-0.690.890.73
-0.35-0.54-0.58-0.520.82-0.5-0.680.82-0.03-0.110.20.01-0.880.25-0.51-0.75-0.24-0.01-0.55-0.550.09-0.15-0.710.890.83
-0.1-0.24-0.42-0.340.67-0.15-0.390.540.120.150.020.1-0.560.29-0.17-0.56-0.37-0.2-0.25-0.370.05-0.21-0.410.730.83
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Masco Corp Account Relationship Matchups

Masco Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.0B5.8B5.6B5.2B5.4B7.1B
Short Long Term Debt Total2.8B2.9B3.1B3.4B3.2B3.1B
Other Current Liab753M905M747M643M823M716.3M
Total Current Liabilities1.5B1.9B1.9B1.9B1.7B1.5B
Total Stockholder Equity(56M)421M56M(262M)(126M)(119.7M)
Property Plant And Equipment Net1.1B1.1B1.1B1.2B1.4B1.5B
Net Debt2.1B1.6B2.2B3.0B2.6B2.3B
Retained Earnings(332M)79M(652M)(947M)(596M)(566.2M)
Cash697M1.3B926M452M634M833.9M
Non Current Assets Total2.3B2.3B2.2B2.2B2.5B4.1B
Non Currrent Assets Other384M28M32M31M137M130.2M
Cash And Short Term Investments697M1.3B926M452M634M867.3M
Net Receivables999M1.1B1.2B1.2B1.1B1.0B
Common Stock Shares Outstanding288M264M251M232M226M279.1M
Liabilities And Stockholders Equity5.0B5.8B5.6B5.2B5.4B7.1B
Non Current Liabilities Total3.5B3.4B3.6B3.5B3.6B3.4B
Inventory754M876M1.2B1.2B1.0B882.2M
Other Current Assets263M149M108M216M107M183.7M
Other Stockholder Equity180M179M226M235M14.4M13.7M
Total Liab5.1B5.4B5.5B5.4B5.2B4.9B
Total Current Assets2.7B3.5B3.4B2.9B2.9B2.9B
Short Term Debt40M42M48M244M3M2.9M
Intangible Assets259M357M388M350M377M358.2M
Accounts Payable697M893M1.0B877M840M601.7M
Accumulated Other Comprehensive Income(179M)(142M)232M226M249M261.5M
Common Stock276M258M241M225M221M282.2M
Good Will509M563M568M537M604M573.8M
Current Deferred Revenue40M62M67M61M45M42.8M
Other Assets483M137M89M91M(2M)(1.9M)
Long Term Debt3.0B3.0B2.7B2.8B2.5B2.3B
Property Plant Equipment1.1B1.1B1.1B1.2B1.4B1.2B
Other Liab602M481M437M339M305.1M432.4M
Net Tangible Assets(1.0B)(725M)(1.1B)(1.4B)(1.2B)(1.3B)

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