| 0JZ1 Stock | | | 79.42 0.23 0.29% |
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 Other Income Expense Net and its Operating Income 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 Other Income Expense Net vs Operating Income
Total Other Income Expense Net vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Masco Corp Total Other Income Expense Net account and
Operating Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Masco Corp's Total Other Income Expense Net and Operating Income is -0.13. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Operating Income 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 Other Income Expense Net and Operating Income 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 Other Income Expense Net of Masco Corp are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Total Other Income Expense Net i.e., Masco Corp's Total Other Income Expense Net and Operating Income go up and down completely randomly.
Correlation Coefficient | -0.13 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Other Income Expense Net
Operating Income
Operating Income is the amount of profit realized from Masco Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Masco Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
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.