Shawcor Historical Balance Sheet

MATR Stock   13.10  0.18  1.39%   
Trend analysis of Shawcor balance sheet accounts such as Total Current Liabilities of 291.7 M provides information on Shawcor's total assets, liabilities, and equity, which is the actual value of Shawcor to its prevalent stockholders. By breaking down trends over time using Shawcor balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Shawcor latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Shawcor is a good buy for the upcoming year.

Shawcor Inventory

119.1 Million

  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Shawcor. 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.

About Shawcor Balance Sheet Analysis

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

Shawcor Balance Sheet Chart

At this time, Shawcor's Common Stock Shares Outstanding is very stable compared to the past year. As of the 3rd of December 2024, Other Current Assets is likely to grow to about 12.6 M, while Total Assets are likely to drop about 1.2 B.

Total Assets

Total assets refers to the total amount of Shawcor assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Shawcor books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Accounts Payable

An accounting item on the balance sheet that represents Shawcor obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Shawcor are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

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.
Most accounts from Shawcor's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Shawcor current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Shawcor. 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.
At this time, Shawcor's Common Stock Shares Outstanding is very stable compared to the past year. As of the 3rd of December 2024, Other Current Assets is likely to grow to about 12.6 M, while Total Assets are likely to drop about 1.2 B.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total346.6M270.3M232.5M180.4M
Total Assets1.3B1.5B1.3B1.2B

Shawcor balance sheet Correlations

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0.580.540.10.340.720.86-0.230.06-0.010.72-0.080.45-0.190.960.330.33-0.380.690.29-0.080.820.08-0.230.55-0.6
0.870.540.780.660.740.260.30.220.360.770.380.79-0.230.710.720.32-0.420.910.86-0.390.620.550.460.63-0.14
0.750.10.780.570.54-0.140.460.360.410.550.510.760.050.330.850.15-0.180.790.920.010.410.480.890.390.36
0.90.340.660.570.850.080.50.540.380.880.40.790.180.470.59-0.150.110.630.79-0.330.690.570.310.750.17
0.930.720.740.540.850.510.260.430.20.980.20.810.060.820.630.2-0.120.840.72-0.20.890.410.210.77-0.11
0.30.860.26-0.140.080.51-0.130.1-0.50.51-0.560.33-0.420.810.190.4-0.180.46-0.03-0.060.570.08-0.410.44-0.5
0.41-0.230.30.460.50.26-0.130.53-0.190.32-0.080.6-0.23-0.020.44-0.130.360.250.48-0.38-0.040.710.40.460.7
0.490.060.220.360.540.430.10.53-0.150.46-0.130.590.120.20.570.00.710.340.440.020.210.570.160.270.53
0.34-0.010.360.410.380.2-0.5-0.19-0.150.180.980.110.530.020.17-0.22-0.290.240.50.020.27-0.080.380.08-0.07
0.950.720.770.550.880.980.510.320.460.180.180.85-0.020.820.660.13-0.10.840.74-0.250.890.510.190.83-0.11
0.37-0.080.380.510.40.2-0.56-0.08-0.130.980.180.160.53-0.020.24-0.23-0.290.270.570.030.24-0.050.510.080.06
0.910.450.790.760.790.810.330.60.590.110.850.16-0.140.650.860.140.010.860.85-0.230.630.720.470.780.21
0.03-0.19-0.230.050.180.06-0.42-0.230.120.53-0.020.53-0.14-0.220.07-0.220.32-0.110.110.550.14-0.490.17-0.260.31
0.730.960.710.330.470.820.81-0.020.20.020.82-0.020.65-0.220.550.4-0.340.840.5-0.120.840.24-0.030.63-0.43
0.790.330.720.850.590.630.190.440.570.170.660.240.860.070.550.270.050.840.860.150.540.440.640.450.33
0.110.330.320.15-0.150.20.4-0.130.0-0.220.13-0.230.14-0.220.40.27-0.240.350.060.00.04-0.09-0.010.04-0.26
-0.12-0.38-0.42-0.180.11-0.12-0.180.360.71-0.29-0.1-0.290.010.32-0.340.05-0.24-0.32-0.130.25-0.240.21-0.16-0.20.66
0.910.690.910.790.630.840.460.250.340.240.840.270.86-0.110.840.840.35-0.320.85-0.070.780.430.490.63-0.08
0.910.290.860.920.790.72-0.030.480.440.50.740.570.850.110.50.860.06-0.130.85-0.150.580.530.710.550.27
-0.22-0.08-0.390.01-0.33-0.2-0.06-0.380.020.02-0.250.03-0.230.55-0.120.150.00.25-0.07-0.150.06-0.530.22-0.480.23
0.810.820.620.410.690.890.57-0.040.210.270.890.240.630.140.840.540.04-0.240.780.580.060.170.130.65-0.3
0.550.080.550.480.570.410.080.710.57-0.080.51-0.050.72-0.490.240.44-0.090.210.430.53-0.530.170.230.610.24
0.44-0.230.460.890.310.21-0.410.40.160.380.190.510.470.17-0.030.64-0.01-0.160.490.710.220.130.230.090.52
0.760.550.630.390.750.770.440.460.270.080.830.080.78-0.260.630.450.04-0.20.630.55-0.480.650.610.09-0.17
0.05-0.6-0.140.360.17-0.11-0.50.70.53-0.07-0.110.060.210.31-0.430.33-0.260.66-0.080.270.23-0.30.240.52-0.17
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Shawcor Account Relationship Matchups

Shawcor balance sheet Accounts

201920202021202220232024 (projected)
Total Assets1.8B1.5B1.3B1.5B1.3B1.2B
Short Long Term Debt Total524.7M505.6M346.6M270.3M232.5M180.4M
Other Current Liab157.7M139.6M136.6M188.6M174.0M104.0M
Total Current Liabilities297.1M269.6M260.1M506.1M279.3M291.7M
Total Stockholder Equity945.3M712.7M639.3M699.4M730.2M669.4M
Property Plant And Equipment Net504.3M427.7M361.6M347.4M280.4M303.4M
Net Debt426.5M291.0M222.1M6.3M(101.6M)(96.5M)
Retained Earnings193.0M(51.7M)(130.8M)(161.2M)(92.8M)(88.2M)
Accounts Payable74.2M79.0M82.5M99.7M54.5M51.8M
Cash98.2M214.5M124.4M264.0M334.1M350.8M
Non Current Assets Total1.2B905.9M775.5M808.7M641.5M643.1M
Cash And Short Term Investments98.2M214.5M124.4M264.0M334.1M350.8M
Net Receivables322.6M265.7M235.7M275.3M172.8M242.7M
Common Stock Shares Outstanding70.1M70.4M70.5M70.5M69.8M73.8M
Liabilities And Stockholders Equity1.8B1.5B1.3B1.5B1.3B1.2B
Non Current Liabilities Total564.1M539.3M365.6M343.3M269.3M215.6M
Inventory160.8M126.3M122.7M182.0M122.5M119.1M
Other Current Assets17.7M13.1M9.4M19.1M7.4M12.6M
Other Stockholder Equity32.6M26.5M27.9M25.7M23.5M22.3M
Total Liab861.1M808.9M625.7M849.4M548.6M507.3M
Total Current Assets599.3M619.7M492.3M740.3M636.8M536.7M
Accumulated Other Comprehensive Income9.1M18.3M21.2M127.5M117.7M123.6M
Short Term Debt21.5M18.6M13.4M25.8M11.3M18.1M
Intangible Assets271.5M200.2M172.4M170.8M144.5M137.7M
Non Currrent Assets Other5.4M3.3M4.2M11.8M6.1M5.8M
Current Deferred Revenue43.7M32.4M27.6M192.1M39.5M75.8M
Good Will377.7M231.6M215.5M217.0M163.1M293.1M
Common Stock710.6M719.6M721.0M707.4M681.9M664.6M

Pair Trading with Shawcor

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Shawcor position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Shawcor will appreciate offsetting losses from the drop in the long position's value.

Moving against Shawcor Stock

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The ability to find closely correlated positions to Shawcor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Shawcor when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Shawcor - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Shawcor to buy it.
The correlation of Shawcor is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Shawcor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Shawcor moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Shawcor can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Shawcor Stock

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