MAS Short Term Investments vs Net Tangible Assets Analysis

MASFIN Stock   279.00  0.90  0.32%   
MAS Financial financial indicator trend analysis is infinitely more than just investigating MAS Financial Services recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MAS Financial Services is a good investment. Please check the relationship between MAS Financial Short Term Investments and its Net Tangible Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MAS Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Short Term Investments vs Net Tangible Assets

Short Term Investments vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MAS Financial Services Short Term Investments account and Net Tangible Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between MAS Financial's Short Term Investments and Net Tangible Assets is 0.85. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of MAS Financial Services, assuming nothing else is changed. The correlation between historical values of MAS Financial's Short Term Investments and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of MAS Financial Services are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Short Term Investments i.e., MAS Financial's Short Term Investments and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Short Term Investments

Short Term Investments is an item under the current assets section of MAS Financial balance sheet. It contains any investments MAS Financial Services undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that MAS Financial Services can easily liquidate in the marketplace.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from MAS Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MAS Financial Services 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MAS Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
At present, MAS Financial's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 52.5 M, whereas Tax Provision is forecasted to decline to about 646.8 M.
 2021 2022 2023 2024 (projected)
Interest Expense473.7M361.3M32.5M30.9M
Depreciation And Amortization1.6B2.4B42.9M40.8M

MAS Financial fundamental ratios Correlations

0.850.150.730.980.94-0.330.970.990.980.30.870.850.910.120.930.880.570.311.00.960.960.890.850.570.96
0.85-0.20.50.870.82-0.510.790.830.790.370.640.590.770.170.710.820.150.340.840.870.880.570.670.570.88
0.15-0.20.160.050.040.280.210.130.18-0.240.060.130.03-0.310.240.130.750.130.170.18-0.060.380.18-0.050.02
0.730.50.160.740.740.340.650.710.750.490.930.940.860.20.740.320.510.10.720.530.720.780.380.50.75
0.980.870.050.740.98-0.290.930.980.950.380.870.840.910.10.890.840.530.350.970.930.950.860.780.650.99
0.940.820.040.740.98-0.210.870.950.890.390.850.830.87-0.030.830.780.530.390.930.890.890.860.720.750.99
-0.33-0.510.280.34-0.29-0.21-0.41-0.34-0.30.210.030.08-0.1-0.21-0.24-0.690.12-0.19-0.34-0.5-0.41-0.05-0.630.08-0.24
0.970.790.210.650.930.87-0.410.980.980.10.830.820.840.150.960.910.620.330.980.940.930.90.930.40.89
0.990.830.130.710.980.95-0.340.980.980.240.870.850.890.090.940.880.580.340.990.950.950.910.870.560.96
0.980.790.180.750.950.89-0.30.980.980.20.890.880.90.220.970.840.620.250.980.910.940.90.860.450.91
0.30.37-0.240.490.380.390.210.10.240.20.350.330.570.250.060.06-0.06-0.290.280.240.350.15-0.090.610.41
0.870.640.060.930.870.850.030.830.870.890.351.00.910.250.880.560.530.130.860.690.870.890.650.50.84
0.850.590.130.940.840.830.080.820.850.880.331.00.890.210.880.530.570.110.850.660.840.90.640.50.82
0.910.770.030.860.910.87-0.10.840.890.90.570.910.890.370.840.660.490.020.90.80.910.810.650.560.89
0.120.17-0.310.20.1-0.03-0.210.150.090.220.250.250.210.370.180.05-0.05-0.460.130.040.32-0.030.19-0.350.01
0.930.710.240.740.890.83-0.240.960.940.970.060.880.880.840.180.790.640.260.940.850.880.90.850.360.85
0.880.820.130.320.840.78-0.690.910.880.840.060.560.530.660.050.790.450.340.890.960.830.710.920.410.8
0.570.150.750.510.530.530.120.620.580.62-0.060.530.570.49-0.050.640.450.220.580.530.40.780.580.220.46
0.310.340.130.10.350.39-0.190.330.340.25-0.290.130.110.02-0.460.260.340.220.30.380.260.250.250.140.39
1.00.840.170.720.970.93-0.340.980.990.980.280.860.850.90.130.940.890.580.30.960.960.90.860.550.95
0.960.870.180.530.930.89-0.50.940.950.910.240.690.660.80.040.850.960.530.380.960.890.790.860.540.91
0.960.88-0.060.720.950.89-0.410.930.950.940.350.870.840.910.320.880.830.40.260.960.890.790.820.470.92
0.890.570.380.780.860.86-0.050.90.910.90.150.890.90.81-0.030.90.710.780.250.90.790.790.790.50.83
0.850.670.180.380.780.72-0.630.930.870.86-0.090.650.640.650.190.850.920.580.250.860.860.820.790.220.71
0.570.57-0.050.50.650.750.080.40.560.450.610.50.50.56-0.350.360.410.220.140.550.540.470.50.220.72
0.960.880.020.750.990.99-0.240.890.960.910.410.840.820.890.010.850.80.460.390.950.910.920.830.710.72
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MAS Financial Account Relationship Matchups

MAS Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets48.0B54.3B63.2B80.1B95.5B100.2B
Short Long Term Debt Total46.2B59.3B70.0B93.8B74.3B38.4B
Other Current Liab126.1M452.8M408.4M31.5M2.7B2.9B
Total Current Liabilities24.5B29.8B29.4B185.8M35.6B37.4B
Total Stockholder Equity10.5B11.8B13.2B15.2B17.8B18.7B
Property Plant And Equipment Net617.0M615.3M653.9M735M942.2M989.3M
Net Debt17.5B25.3B41.5B58.9B72.1B75.7B
Retained Earnings3.4B4.0B5.1B6.8B8.5B8.9B
Accounts Payable81.3M82.9M145.9M146.8M211.5M222.1M
Cash10.5B9.9B2.8B2.4B2.1B3.5B
Non Current Assets Total20.3B19.4B24.0B9.6B36.2B38.0B
Non Currrent Assets Other20.6B18.0B23.4B5.8B39.2B41.1B
Cash And Short Term Investments11.4B11.0B10.5B8.0B14.2B14.9B
Short Term Investments970.4M1.1B7.6B5.7B12.1B12.7B
Liabilities And Stockholders Equity48.0B54.3B63.2B80.1B95.5B100.2B
Non Current Liabilities Total12.9B12.5B20.4B64.5B41.7B43.8B
Other Current Assets27.8M22.9M20.6M46.6M45.1B47.3B
Other Stockholder Equity(4.9B)4.3B4.2B4.3B3.2B2.5B
Total Liab37.4B42.3B49.8B64.7B77.3B81.2B
Total Current Assets27.8B34.9B39.2B70.6B59.2B62.2B
Accumulated Other Comprehensive Income(35.3M)3.0B3.3B3.6B4.5B4.7B
Short Term Debt18.2B24.2B25.6B32.5B32.6B34.3B
Intangible Assets1.2M925K2.6M13.6M12.5M13.1M
Other Liab5.4B6.9B3.8B3.4B3.9B3.7B
Net Tangible Assets9.2B9.9B11.8B13.2B15.1B15.9B
Other Assets184.7M284.9M314.0M193.3M57.1B60.0B
Long Term Debt28.0B35.1B43.0B61.3B74.3B78.0B
Net Receivables799.1M513.3M453.9M572.6M65.4M62.1M
Short Long Term Debt18.2B24.2B25.6B32.5B37.4B39.2B
Property Plant Equipment627.2M620.1M655.9M735M845.3M447.2M
Long Term Debt Total28.0B35.1B44.4B61.3B70.5B74.0B
Inventory15.5B23.3B28.2B61.9B71.2B74.8B
Good Will162.6M225.6M142.1M193.3M118.5M131.9M
Non Current Liabilities Other187.9M574.5M1.9B31.5M67.1M63.7M
Cash And Equivalents2.6B4.8B369.6M8.0B9.2B9.7B

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Other Information on Investing in MAS Stock

Balance Sheet is a snapshot of the financial position of MAS Financial Services at a specified time, usually calculated after every quarter, six months, or one year. MAS Financial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of MAS Financial 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 MAS currently owns. An asset can also be divided into two categories, current and non-current.