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.
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.
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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
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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.Accumulated Other Comprehensive Income
Gains and losses not included in net income that are recorded in shareholders' equity, reflecting changes in the value of assets or liabilities that are not realized.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 Total | 346.6M | 270.3M | 232.5M | 180.4M | Total Assets | 1.3B | 1.5B | 1.3B | 1.2B |
Shawcor balance sheet Correlations
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Shawcor Account Relationship Matchups
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Shawcor balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.8B | 1.5B | 1.3B | 1.5B | 1.3B | 1.2B | |
Short Long Term Debt Total | 524.7M | 505.6M | 346.6M | 270.3M | 232.5M | 180.4M | |
Other Current Liab | 157.7M | 139.6M | 136.6M | 188.6M | 174.0M | 104.0M | |
Total Current Liabilities | 297.1M | 269.6M | 260.1M | 506.1M | 279.3M | 291.7M | |
Total Stockholder Equity | 945.3M | 712.7M | 639.3M | 699.4M | 730.2M | 669.4M | |
Property Plant And Equipment Net | 504.3M | 427.7M | 361.6M | 347.4M | 280.4M | 303.4M | |
Net Debt | 426.5M | 291.0M | 222.1M | 6.3M | (101.6M) | (96.5M) | |
Retained Earnings | 193.0M | (51.7M) | (130.8M) | (161.2M) | (92.8M) | (88.2M) | |
Accounts Payable | 74.2M | 79.0M | 82.5M | 99.7M | 54.5M | 51.8M | |
Cash | 98.2M | 214.5M | 124.4M | 264.0M | 334.1M | 350.8M | |
Non Current Assets Total | 1.2B | 905.9M | 775.5M | 808.7M | 641.5M | 643.1M | |
Cash And Short Term Investments | 98.2M | 214.5M | 124.4M | 264.0M | 334.1M | 350.8M | |
Net Receivables | 322.6M | 265.7M | 235.7M | 275.3M | 172.8M | 242.7M | |
Common Stock Shares Outstanding | 70.1M | 70.4M | 70.5M | 70.5M | 69.8M | 73.8M | |
Liabilities And Stockholders Equity | 1.8B | 1.5B | 1.3B | 1.5B | 1.3B | 1.2B | |
Non Current Liabilities Total | 564.1M | 539.3M | 365.6M | 343.3M | 269.3M | 215.6M | |
Inventory | 160.8M | 126.3M | 122.7M | 182.0M | 122.5M | 119.1M | |
Other Current Assets | 17.7M | 13.1M | 9.4M | 19.1M | 7.4M | 12.6M | |
Other Stockholder Equity | 32.6M | 26.5M | 27.9M | 25.7M | 23.5M | 22.3M | |
Total Liab | 861.1M | 808.9M | 625.7M | 849.4M | 548.6M | 507.3M | |
Total Current Assets | 599.3M | 619.7M | 492.3M | 740.3M | 636.8M | 536.7M | |
Accumulated Other Comprehensive Income | 9.1M | 18.3M | 21.2M | 127.5M | 117.7M | 123.6M | |
Short Term Debt | 21.5M | 18.6M | 13.4M | 25.8M | 11.3M | 18.1M | |
Intangible Assets | 271.5M | 200.2M | 172.4M | 170.8M | 144.5M | 137.7M | |
Non Currrent Assets Other | 5.4M | 3.3M | 4.2M | 11.8M | 6.1M | 5.8M | |
Current Deferred Revenue | 43.7M | 32.4M | 27.6M | 192.1M | 39.5M | 75.8M | |
Good Will | 377.7M | 231.6M | 215.5M | 217.0M | 163.1M | 293.1M | |
Common Stock | 710.6M | 719.6M | 721.0M | 707.4M | 681.9M | 664.6M |
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.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.