Matthews Cash And Short Term Investments vs Other Current Assets Analysis

MATW Stock

USD 25.73 0.76 3.04%

Matthews International financial indicator trend analysis is infinitely more than just investigating Matthews International recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Matthews International is a good investment. Please check the relationship between Matthews International Cash And Short Term Investments and its Other Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Matthews International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For more information on how to buy Matthews Stock please use our How to Invest in Matthews International guide.

Cash And Short Term Investments vs Other Current Assets

Cash And Short Term Investments vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Matthews International Cash And Short Term Investments account and Other Current Assets. At this time, the significance of the direction appears to have weak relationship.

The correlation between Matthews International's Cash And Short Term Investments and Other Current Assets is 0.38. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Matthews International, assuming nothing else is changed. The correlation between historical values of Matthews International's Cash And Short Term Investments and Other Current 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 Cash And Short Term Investments of Matthews International are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Cash And Short Term Investments i.e., Matthews International's Cash And Short Term Investments and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.38

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Matthews International balance sheet. This account contains Matthews International investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Matthews International fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Most indicators from Matthews International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Matthews International 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 Matthews International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For more information on how to buy Matthews Stock please use our How to Invest in Matthews International guide.At this time, Matthews International's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.22 in 2025, despite the fact that Tax Provision is likely to grow to (8.5 M).

	2022	2023	2024	2025 (projected)
Gross Profit	577.7M	529.7M	609.2M	351.8M
Total Revenue	1.9B	1.8B	2.1B	2.2B

Gross Profit Total Revenue

Matthews International fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Good Will	Common Stock Total Equity
Total Assets		0.84	0.27	0.48	0.86	0.47	0.83	0.87	0.47	0.31	0.99	0.37	0.31	0.97	0.06	0.99	0.53	0.66	0.22	0.83	0.11	0.93	0.62	0.8	0.99	0.72
Short Long Term Debt Total	0.84		0.61	0.78	0.65	0.8	1.0	0.66	0.73	0.19	0.83	0.2	0.19	0.83	-0.21	0.85	0.81	0.75	0.32	0.99	0.51	0.82	0.56	0.66	0.82	0.75
Other Current Liab	0.27	0.61		0.92	-0.07	0.87	0.62	0.07	0.9	-0.13	0.19	0.07	-0.13	0.35	-0.62	0.27	0.88	0.54	0.03	0.66	0.82	0.45	0.45	-0.13	0.21	0.57
Total Current Liabilities	0.48	0.78	0.92		0.15	0.96	0.78	0.24	0.97	0.08	0.4	0.13	0.09	0.53	-0.55	0.47	0.97	0.7	0.12	0.82	0.84	0.64	0.45	0.07	0.43	0.72
Total Stockholder Equity	0.86	0.65	-0.07	0.15		0.19	0.63	0.94	0.13	0.45	0.9	0.28	0.45	0.79	0.06	0.8	0.24	0.38	0.04	0.62	-0.18	0.67	0.42	0.88	0.91	0.61
Property Plant And Equipment Net	0.47	0.8	0.87	0.96	0.19		0.81	0.26	0.89	0.04	0.4	-0.09	0.05	0.54	-0.58	0.46	0.97	0.58	0.11	0.81	0.91	0.62	0.41	0.1	0.44	0.73
Net Debt	0.83	1.0	0.62	0.78	0.63	0.81		0.64	0.73	0.14	0.82	0.2	0.14	0.82	-0.2	0.84	0.81	0.74	0.33	0.99	0.52	0.81	0.57	0.65	0.81	0.73
Retained Earnings	0.87	0.66	0.07	0.24	0.94	0.26	0.64		0.22	0.37	0.9	0.35	0.37	0.83	-0.11	0.82	0.34	0.42	-0.17	0.65	-0.12	0.74	0.62	0.77	0.92	0.73
Accounts Payable	0.47	0.73	0.9	0.97	0.13	0.89	0.73	0.22		0.13	0.39	0.24	0.13	0.5	-0.47	0.46	0.94	0.77	0.15	0.79	0.76	0.66	0.42	0.05	0.4	0.67
Cash	0.31	0.19	-0.13	0.08	0.45	0.04	0.14	0.37	0.13		0.3	0.02	1.0	0.18	-0.12	0.25	0.14	0.38	-0.15	0.22	-0.16	0.32	-0.23	0.29	0.37	0.46
Non Current Assets Total	0.99	0.83	0.19	0.4	0.9	0.4	0.82	0.9	0.39	0.3		0.39	0.29	0.95	0.11	0.98	0.45	0.62	0.24	0.81	0.03	0.88	0.61	0.86	0.99	0.67
Non Currrent Assets Other	0.37	0.2	0.07	0.13	0.28	-0.09	0.2	0.35	0.24	0.02	0.39		0.02	0.28	0.21	0.38	0.03	0.5	0.13	0.27	-0.35	0.29	0.5	0.34	0.31	0.09
Cash And Short Term Investments	0.31	0.19	-0.13	0.09	0.45	0.05	0.14	0.37	0.13	1.0	0.29	0.02		0.18	-0.12	0.24	0.15	0.38	-0.15	0.22	-0.15	0.32	-0.23	0.29	0.36	0.46
Net Receivables	0.97	0.83	0.35	0.53	0.79	0.54	0.82	0.83	0.5	0.18	0.95	0.28	0.18		-0.04	0.95	0.57	0.55	0.17	0.82	0.24	0.94	0.67	0.69	0.96	0.75
Common Stock Shares Outstanding	0.06	-0.21	-0.62	-0.55	0.06	-0.58	-0.2	-0.11	-0.47	-0.12	0.11	0.21	-0.12	-0.04		0.14	-0.58	-0.05	0.64	-0.25	-0.58	-0.09	-0.25	0.36	0.02	-0.62
Non Current Liabilities Total	0.99	0.85	0.27	0.47	0.8	0.46	0.84	0.82	0.46	0.25	0.98	0.38	0.24	0.95	0.14		0.51	0.68	0.31	0.84	0.11	0.92	0.63	0.81	0.96	0.65
Inventory	0.53	0.81	0.88	0.97	0.24	0.97	0.81	0.34	0.94	0.14	0.45	0.03	0.15	0.57	-0.58	0.51		0.69	0.03	0.84	0.83	0.69	0.45	0.11	0.49	0.79
Other Current Assets	0.66	0.75	0.54	0.7	0.38	0.58	0.74	0.42	0.77	0.38	0.62	0.5	0.38	0.55	-0.05	0.68	0.69		0.33	0.79	0.29	0.73	0.36	0.44	0.59	0.55
Other Stockholder Equity	0.22	0.32	0.03	0.12	0.04	0.11	0.33	-0.17	0.15	-0.15	0.24	0.13	-0.15	0.17	0.64	0.31	0.03	0.33		0.3	0.09	0.13	-0.13	0.43	0.15	-0.29
Total Liab	0.83	0.99	0.66	0.82	0.62	0.81	0.99	0.65	0.79	0.22	0.81	0.27	0.22	0.82	-0.25	0.84	0.84	0.79	0.3		0.52	0.83	0.59	0.62	0.81	0.78
Property Plant And Equipment Gross	0.11	0.51	0.82	0.84	-0.18	0.91	0.52	-0.12	0.76	-0.16	0.03	-0.35	-0.15	0.24	-0.58	0.11	0.83	0.29	0.09	0.52		0.32	0.16	-0.25	0.08	0.46
Total Current Assets	0.93	0.82	0.45	0.64	0.67	0.62	0.81	0.74	0.66	0.32	0.88	0.29	0.32	0.94	-0.09	0.92	0.69	0.73	0.13	0.83	0.32		0.59	0.54	0.9	0.8
Short Term Debt	0.62	0.56	0.45	0.45	0.42	0.41	0.57	0.62	0.42	-0.23	0.61	0.5	-0.23	0.67	-0.25	0.63	0.45	0.36	-0.13	0.59	0.16	0.59		0.35	0.58	0.57
Intangible Assets	0.8	0.66	-0.13	0.07	0.88	0.1	0.65	0.77	0.05	0.29	0.86	0.34	0.29	0.69	0.36	0.81	0.11	0.44	0.43	0.62	-0.25	0.54	0.35		0.81	0.34
Good Will	0.99	0.82	0.21	0.43	0.91	0.44	0.81	0.92	0.4	0.37	0.99	0.31	0.36	0.96	0.02	0.96	0.49	0.59	0.15	0.81	0.08	0.9	0.58	0.81		0.74
Common Stock Total Equity	0.72	0.75	0.57	0.72	0.61	0.73	0.73	0.73	0.67	0.46	0.67	0.09	0.46	0.75	-0.62	0.65	0.79	0.55	-0.29	0.78	0.46	0.8	0.57	0.34	0.74

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Matthews International Account Relationship Matchups

Matthews International fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	2.0B	1.9B	1.9B	1.8B	2.1B	1.2B
Short Long Term Debt Total	763.7M	798.6M	864.4M	839.2M	965.0M	1.0B
Other Current Liab	205.6M	254.6M	203.1M	289.4M	332.8M	349.5M
Total Current Liabilities	354.2M	411.4M	394.6M	434.8M	500.0M	525.0M
Total Stockholder Equity	636.4M	487.1M	525.7M	437.2M	502.7M	456.8M
Property Plant And Equipment Net	223.7M	256.1M	342.0M	340.0M	391.0M	410.5M
Net Debt	714.5M	729.6M	822.3M	798.3M	918.1M	964.0M
Retained Earnings	834.2M	706.7M	714.7M	623.1M	716.5M	573.1M
Accounts Payable	112.7M	121.4M	114.3M	108.4M	124.6M	130.8M
Cash	49.2M	69.0M	42.1M	40.8M	46.9M	51.1M
Non Current Assets Total	1.4B	1.3B	1.2B	1.2B	1.4B	832.5M
Non Currrent Assets Other	115.0M	90.9M	8.2M	9.6M	11.0M	10.5M
Cash And Short Term Investments	49.2M	69.0M	42.1M	40.8M	46.9M	51.6M
Net Receivables	309.8M	221.0M	282.2M	299.0M	343.8M	179.7M
Common Stock Shares Outstanding	32.0M	31.4M	31.3M	30.9M	27.8M	25.6M
Liabilities And Stockholders Equity	2.0B	1.9B	1.9B	1.8B	2.1B	1.2B
Non Current Liabilities Total	1.0B	984.3M	967.5M	962.9M	1.1B	554.7M
Inventory	189.1M	225.4M	260.4M	237.9M	273.6M	287.2M
Other Current Assets	76.1M	110.7M	63.6M	54.9M	63.1M	66.3M
Other Stockholder Equity	(41.3M)	(65.5M)	(51.0M)	(53.5M)	(48.1M)	(50.6M)
Total Liab	1.4B	1.4B	1.4B	1.4B	1.6B	1.7B
Property Plant And Equipment Gross	223.7M	256.1M	758.6M	807.2M	928.3M	974.7M
Total Current Assets	624.2M	628.6M	648.3M	632.5M	727.4M	379.1M
Accumulated Other Comprehensive Income	(192.7M)	(190.2M)	(174.4M)	(168.7M)	(151.9M)	(144.3M)
Short Term Debt	31.7M	26.1M	27.7M	29.5M	33.9M	20.7M
Intangible Assets	261.5M	202.2M	160.5M	126.0M	144.9M	176.8M
Good Will	773.8M	675.4M	698.1M	697.1M	801.7M	482.9M
Other Liab	292.4M	282.7M	282.4M	137.6M	158.2M	158.2M
Other Assets	40.2M	30.7M	148.9M	19.7M	22.6M	40.9M
Long Term Debt	759.1M	795.3M	786.5M	769.6M	885.1M	499.5M
Treasury Stock	(200.2M)	(179.0M)	(190.7M)	(225.8M)	(203.2M)	(213.4M)
Property Plant Equipment	237.4M	236.8M	223.7M	328.0M	377.2M	396.1M
Current Deferred Revenue	(82.9M)	(112.7M)	31.9M	36.9M	33.2M	34.9M
Net Tangible Assets	(529.4M)	610.8M	(398.9M)	(390.2M)	(351.2M)	(333.6M)

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Matthews Cash And Short Term Investments vs Other Current Assets Analysis

Cash And Short Term Investments vs Other Current Assets

Cash And Short Term Investments vs Other Current Assets Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Other Current Assets

Matthews International fundamental ratios Correlations

Matthews International Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Matthews International fundamental ratios Accounts

Also Currently Popular

Additional Tools for Matthews Stock Analysis

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Net Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Total Assets
Good Will	+ 0.99	Total Assets
Total Liab	+ 0.99	Short Long Term Debt Total

Common Stock Total Equity	- 0.62	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.62	Other Current Liab
Property Plant And Equipment Gross	- 0.58	Common Stock Shares Outstanding
Inventory	- 0.58	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.58	Property Plant And Equipment Net
Common Stock Shares Outstanding	- 0.55	Total Current Liabilities