Masterwork Non Current Assets Total vs Property Plant Equipment Analysis

300195 Stock   6.16  0.57  8.47%   
Masterwork Machinery financial indicator trend analysis is infinitely more than just investigating Masterwork Machinery recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Masterwork Machinery is a good investment. Please check the relationship between Masterwork Machinery Non Current Assets Total and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Masterwork Machinery. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Non Current Assets Total vs Property Plant Equipment

Non Current Assets Total vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Masterwork Machinery Non Current Assets Total account and Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Masterwork Machinery's Non Current Assets Total and Property Plant Equipment is 0.92. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Masterwork Machinery, assuming nothing else is changed. The correlation between historical values of Masterwork Machinery's Non Current Assets Total and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Masterwork Machinery are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Non Current Assets Total i.e., Masterwork Machinery's Non Current Assets Total and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Property Plant Equipment

Most indicators from Masterwork Machinery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Masterwork Machinery 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 Masterwork Machinery. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Selling General Administrative is expected to grow to about 155 M. The current year's Tax Provision is expected to grow to about 12.6 M
 2021 2022 2023 2024 (projected)
Operating Income173.5M61.0M171.4M132.7M
Total Revenue1.5B1.3B1.6B1.0B

Masterwork Machinery fundamental ratios Correlations

0.690.960.86-0.180.870.210.720.310.930.680.870.420.960.850.850.76-0.680.0-0.870.810.620.70.860.650.82
0.690.660.560.060.660.230.380.230.550.230.540.170.650.40.480.59-0.42-0.08-0.690.40.510.450.370.240.5
0.960.660.73-0.290.840.00.780.30.940.750.890.290.940.860.870.77-0.74-0.12-0.860.780.630.780.890.580.84
0.860.560.730.250.850.530.380.590.680.50.570.590.880.610.570.36-0.30.37-0.80.70.260.330.610.710.47
-0.180.06-0.290.25-0.050.48-0.750.48-0.35-0.3-0.560.29-0.08-0.53-0.59-0.670.790.630.0-0.4-0.62-0.71-0.55-0.06-0.68
0.870.660.840.85-0.050.260.580.640.690.550.690.450.870.70.720.52-0.540.22-0.820.840.440.560.740.680.62
0.210.230.00.530.480.26-0.270.22-0.01-0.1-0.140.120.23-0.14-0.11-0.180.330.68-0.120.22-0.26-0.3-0.020.49-0.12
0.720.380.780.38-0.750.58-0.270.00.780.620.930.10.660.940.960.87-0.99-0.52-0.610.780.760.940.860.410.94
0.310.230.30.590.480.640.220.00.10.140.040.460.420.170.11-0.230.050.38-0.450.34-0.210.020.120.28-0.12
0.930.550.940.68-0.350.69-0.010.780.10.730.890.30.880.860.840.82-0.75-0.23-0.760.690.620.780.870.490.86
0.680.230.750.5-0.30.55-0.10.620.140.730.770.250.610.760.720.55-0.550.01-0.570.550.470.460.710.680.69
0.870.540.890.57-0.560.69-0.140.930.040.890.770.20.80.960.980.91-0.91-0.34-0.770.770.80.840.880.550.97
0.420.170.290.590.290.450.120.10.460.30.250.20.350.280.210.07-0.050.21-0.250.270.060.070.220.290.13
0.960.650.940.88-0.080.870.230.660.420.880.610.80.350.790.80.64-0.60.06-0.930.810.50.660.830.630.72
0.850.40.860.61-0.530.7-0.140.940.170.860.760.960.280.790.970.82-0.89-0.32-0.750.810.730.840.890.560.92
0.850.480.870.57-0.590.72-0.110.960.110.840.720.980.210.80.970.86-0.92-0.31-0.750.850.770.870.920.590.96
0.760.590.770.36-0.670.52-0.180.87-0.230.820.550.910.070.640.820.86-0.9-0.5-0.550.60.90.860.790.30.96
-0.68-0.42-0.74-0.30.79-0.540.33-0.990.05-0.75-0.55-0.91-0.05-0.6-0.89-0.92-0.90.610.55-0.71-0.79-0.96-0.81-0.29-0.92
0.0-0.08-0.120.370.630.220.68-0.520.38-0.230.01-0.340.210.06-0.32-0.31-0.50.61-0.030.07-0.44-0.6-0.120.53-0.38
-0.87-0.69-0.86-0.80.0-0.82-0.12-0.61-0.45-0.76-0.57-0.77-0.25-0.93-0.75-0.75-0.550.55-0.03-0.71-0.47-0.55-0.68-0.57-0.64
0.810.40.780.7-0.40.840.220.780.340.690.550.770.270.810.810.850.6-0.710.07-0.710.460.720.880.780.76
0.620.510.630.26-0.620.44-0.260.76-0.210.620.470.80.060.50.730.770.9-0.79-0.44-0.470.460.70.670.210.85
0.70.450.780.33-0.710.56-0.30.940.020.780.460.840.070.660.840.870.86-0.96-0.6-0.550.720.70.830.220.87
0.860.370.890.61-0.550.74-0.020.860.120.870.710.880.220.830.890.920.79-0.81-0.12-0.680.880.670.830.650.9
0.650.240.580.71-0.060.680.490.410.280.490.680.550.290.630.560.590.3-0.290.53-0.570.780.210.220.650.52
0.820.50.840.47-0.680.62-0.120.94-0.120.860.690.970.130.720.920.960.96-0.92-0.38-0.640.760.850.870.90.52
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Masterwork Machinery Account Relationship Matchups

Masterwork Machinery fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.2B6.2B6.6B6.4B6.3B4.0B
Other Current Liab244.7M319.7M377.6M268.1M29.5M28.0M
Total Current Liabilities1.7B1.6B2.1B2.0B2.1B1.1B
Total Stockholder Equity2.8B2.7B2.7B2.6B2.7B2.2B
Retained Earnings35.2M(61.3M)24.0M(43.5M)(156.0M)(148.2M)
Accounts Payable685.8M452.2M447.8M463.1M342.6M315.2M
Cash454.5M501.2M616.5M355.3M231.4M219.8M
Other Assets2.3B2.2B2.3B2.3B2.6B2.7B
Net Receivables989.2M204.9M292.4M281.1M315.0M423.4M
Inventory479.2M612.9M705.5M882.1M869.3M446.9M
Other Current Assets197.8M118.8M817.3M702.1M702.3M737.5M
Total Liab2.3B3.4B3.8B3.7B3.4B3.6B
Intangible Assets272.4M250.5M221.0M213.6M275.5M224.1M
Property Plant Equipment1.1B1.2B1.2B1.3B1.4B1.5B
Other Liab254.6M278.2M302.5M260.7M299.8M314.8M
Long Term Debt619.5M1.6B1.4B1.4B1.0B739.4M
Short Term Investments505M81.3M16.8M4.2M3.8M3.6M
Net Tangible Assets3.1B2.5B2.5B2.4B2.7B2.6B
Other Stockholder Equity284.3K91.3M46.6M20.4M23.5M24.6M
Deferred Long Term Liab37.7M32.1M33.0M33.6M38.6M26.5M
Total Current Assets2.2B2.0B2.4B2.2B2.2B2.5B
Non Current Assets Total3.1B4.2B4.2B4.1B4.0B3.7B
Non Currrent Assets Other7.8M15.9M109.1M119.3M10.9M10.4M
Non Current Liabilities Total676.7M1.9B1.7B1.7B1.3B1.1B
Short Long Term Debt570.5M513.0M629.8M596.9M539.1M624.1M
Non Current Liabilities Other74.2M74.2M8.1M12.3M11.1M10.5M
Net Invested Capital3.9B4.8B4.7B4.6B4.2B4.9B
Net Working Capital445.6M467.9M314.5M262.9M126.5M120.1M
Net Debt660.0M1.6B1.4B1.7B1.4B1.3B

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Other Information on Investing in Masterwork Stock

Balance Sheet is a snapshot of the financial position of Masterwork Machinery at a specified time, usually calculated after every quarter, six months, or one year. Masterwork Machinery Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Masterwork Machinery and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Masterwork currently owns. An asset can also be divided into two categories, current and non-current.