Matthews Ebit vs Net Income Analysis

MATW Stock

USD 31.54 0.70 2.27%

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 Ebit and its Net Income 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.

Ebit vs Net Income

Ebit vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Matthews International Ebit account and Net Income. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Matthews International's Ebit and Net Income is 0.59. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Net Income 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 Ebit and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Matthews International are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Ebit i.e., Matthews International's Ebit and Net Income go up and down completely randomly.

Correlation Coefficient

0.59

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Ebit

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Matthews International financial statement analysis. It represents the amount of money remaining after all of Matthews International operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

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.Sales General And Administrative To Revenue is likely to climb to 0.22 in 2024, whereas Selling General Administrative is likely to drop slightly above 181 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	522.3M	577.7M	529.7M	351.8M
Total Revenue	1.8B	1.9B	1.8B	981.7M

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		0.83	0.4	0.54	0.9	0.48	0.82	0.91	0.45	0.32	0.99	0.38	0.32	0.98	0.06	0.89	0.48	0.63	0.21	0.85	0.13	0.75	0.62	0.83	0.99	0.72
Short Long Term Debt Total	0.83		0.65	0.82	0.7	0.82	1.0	0.69	0.74	0.21	0.81	0.2	0.21	0.81	-0.22	0.98	0.8	0.78	0.32	0.99	0.55	0.95	0.54	0.7	0.8	0.75
Other Current Liab	0.4	0.65		0.88	0.15	0.77	0.66	0.3	0.9	-0.05	0.34	0.33	-0.04	0.4	-0.51	0.57	0.83	0.72	0.0	0.68	0.64	0.74	0.58	0.07	0.33	0.6
Total Current Liabilities	0.54	0.82	0.88		0.32	0.94	0.82	0.4	0.98	0.18	0.48	0.24	0.18	0.54	-0.52	0.74	0.97	0.83	0.12	0.85	0.78	0.92	0.47	0.22	0.49	0.75
Total Stockholder Equity	0.9	0.7	0.15	0.32		0.32	0.69	0.94	0.21	0.42	0.93	0.23	0.41	0.9	0.01	0.78	0.3	0.37	0.06	0.7	-0.03	0.62	0.47	0.87	0.95	0.69
Property Plant And Equipment Net	0.48	0.82	0.77	0.94	0.32		0.83	0.37	0.9	0.12	0.43	-0.05	0.12	0.5	-0.59	0.71	0.98	0.68	0.11	0.81	0.91	0.91	0.38	0.2	0.45	0.74
Net Debt	0.82	1.0	0.66	0.82	0.69	0.83		0.68	0.73	0.16	0.81	0.2	0.17	0.8	-0.22	0.97	0.8	0.77	0.33	0.99	0.56	0.94	0.56	0.7	0.79	0.74
Retained Earnings	0.91	0.69	0.3	0.4	0.94	0.37	0.68		0.28	0.34	0.91	0.3	0.34	0.91	-0.16	0.76	0.38	0.4	-0.16	0.71	0.01	0.64	0.66	0.75	0.94	0.79
Accounts Payable	0.45	0.74	0.9	0.98	0.21	0.9	0.73	0.28		0.18	0.38	0.25	0.18	0.45	-0.49	0.65	0.94	0.83	0.15	0.77	0.78	0.87	0.39	0.11	0.38	0.68
Cash	0.32	0.21	-0.05	0.18	0.42	0.12	0.16	0.34	0.18		0.3	-0.03	1.0	0.22	-0.14	0.26	0.18	0.37	-0.15	0.25	-0.08	0.35	-0.22	0.25	0.38	0.49
Non Current Assets Total	0.99	0.81	0.34	0.48	0.93	0.43	0.81	0.91	0.38	0.3		0.38	0.29	0.97	0.11	0.89	0.42	0.58	0.24	0.83	0.06	0.71	0.62	0.89	0.99	0.68
Non Currrent Assets Other	0.38	0.2	0.33	0.24	0.23	-0.05	0.2	0.3	0.25	-0.03	0.38		-0.03	0.33	0.21	0.31	0.02	0.45	0.14	0.31	-0.31	0.18	0.53	0.3	0.32	0.09
Cash And Short Term Investments	0.32	0.21	-0.04	0.18	0.41	0.12	0.17	0.34	0.18	1.0	0.29	-0.03		0.22	-0.14	0.26	0.19	0.37	-0.15	0.26	-0.07	0.35	-0.22	0.25	0.37	0.49
Net Receivables	0.98	0.81	0.4	0.54	0.9	0.5	0.8	0.91	0.45	0.22	0.97	0.33	0.22		0.0	0.86	0.49	0.53	0.16	0.82	0.18	0.74	0.67	0.79	0.97	0.74
Common Stock Shares Outstanding	0.06	-0.22	-0.51	-0.52	0.01	-0.59	-0.22	-0.16	-0.49	-0.14	0.11	0.21	-0.14	0.0		-0.12	-0.62	-0.13	0.64	-0.23	-0.6	-0.44	-0.24	0.34	0.03	-0.62
Non Current Liabilities Total	0.89	0.98	0.57	0.74	0.78	0.71	0.97	0.76	0.65	0.26	0.89	0.31	0.26	0.86	-0.12		0.69	0.76	0.34	0.98	0.39	0.9	0.58	0.81	0.87	0.74
Inventory	0.48	0.8	0.83	0.97	0.3	0.98	0.8	0.38	0.94	0.18	0.42	0.02	0.19	0.49	-0.62	0.69		0.74	0.04	0.8	0.88	0.92	0.39	0.15	0.44	0.78
Other Current Assets	0.63	0.78	0.72	0.83	0.37	0.68	0.77	0.4	0.83	0.37	0.58	0.45	0.37	0.53	-0.13	0.76	0.74		0.33	0.82	0.43	0.82	0.35	0.42	0.56	0.58
Other Stockholder Equity	0.21	0.32	0.0	0.12	0.06	0.11	0.33	-0.16	0.15	-0.15	0.24	0.14	-0.15	0.16	0.64	0.34	0.04	0.33		0.3	0.1	0.15	-0.13	0.45	0.14	-0.29
Total Liab	0.85	0.99	0.68	0.85	0.7	0.81	0.99	0.71	0.77	0.25	0.83	0.31	0.26	0.82	-0.23	0.98	0.8	0.82	0.3		0.51	0.96	0.59	0.69	0.82	0.78
Property Plant And Equipment Gross	0.13	0.55	0.64	0.78	-0.03	0.91	0.56	0.01	0.78	-0.08	0.06	-0.31	-0.07	0.18	-0.6	0.39	0.88	0.43	0.1	0.51		0.66	0.13	-0.14	0.09	0.49
Total Current Assets	0.75	0.95	0.74	0.92	0.62	0.91	0.94	0.64	0.87	0.35	0.71	0.18	0.35	0.74	-0.44	0.9	0.92	0.82	0.15	0.96	0.66		0.48	0.5	0.73	0.87
Short Term Debt	0.62	0.54	0.58	0.47	0.47	0.38	0.56	0.66	0.39	-0.22	0.62	0.53	-0.22	0.67	-0.24	0.58	0.39	0.35	-0.13	0.59	0.13	0.48		0.4	0.58	0.55
Intangible Assets	0.83	0.7	0.07	0.22	0.87	0.2	0.7	0.75	0.11	0.25	0.89	0.3	0.25	0.79	0.34	0.81	0.15	0.42	0.45	0.69	-0.14	0.5	0.4		0.85	0.38
Good Will	0.99	0.8	0.33	0.49	0.95	0.45	0.79	0.94	0.38	0.38	0.99	0.32	0.37	0.97	0.03	0.87	0.44	0.56	0.14	0.82	0.09	0.73	0.58	0.85		0.74
Common Stock Total Equity	0.72	0.75	0.6	0.75	0.69	0.74	0.74	0.79	0.68	0.49	0.68	0.09	0.49	0.74	-0.62	0.74	0.78	0.58	-0.29	0.78	0.49	0.87	0.55	0.38	0.74

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Matthews International Account Relationship Matchups

Matthews International fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.1B	2.0B	1.9B	1.9B	2.2B	1.2B
Short Long Term Debt Total	834.5M	763.7M	798.6M	864.4M	994.0M	1.0B
Other Current Liab	176.4M	205.6M	254.6M	203.1M	233.6M	245.3M
Total Current Liabilities	316.9M	354.2M	411.4M	394.6M	453.8M	476.5M
Total Stockholder Equity	611.4M	636.4M	487.1M	525.7M	604.5M	456.0M
Property Plant And Equipment Net	236.8M	223.7M	256.1M	342.0M	393.2M	412.9M
Net Debt	793.2M	714.5M	729.6M	822.3M	945.6M	992.9M
Retained Earnings	859.0M	834.2M	706.7M	714.7M	821.9M	569.3M
Accounts Payable	82.9M	112.7M	121.4M	114.3M	131.5M	138.0M
Cash	41.3M	49.2M	69.0M	42.1M	48.4M	51.3M
Non Current Assets Total	1.5B	1.4B	1.3B	1.2B	1.4B	816.2M
Non Currrent Assets Other	94.4M	115.0M	90.9M	8.2M	9.5M	9.0M
Cash And Short Term Investments	41.3M	49.2M	69.0M	42.1M	48.4M	51.8M
Net Receivables	295.2M	309.8M	221.0M	282.2M	324.5M	174.7M
Common Stock Shares Outstanding	31.2M	32.0M	31.4M	31.3M	28.2M	25.7M
Liabilities And Stockholders Equity	2.1B	2.0B	1.9B	1.9B	2.2B	1.2B
Non Current Liabilities Total	1.1B	1.0B	984.3M	967.5M	1.1B	1.2B
Inventory	175.1M	189.1M	225.4M	260.4M	299.5M	314.4M
Other Current Assets	64.0M	76.1M	110.7M	63.6M	73.1M	76.8M
Other Stockholder Equity	(43.8M)	(41.3M)	(65.5M)	(51.0M)	(45.9M)	(48.2M)
Total Liab	1.5B	1.4B	1.4B	1.4B	1.6B	1.6B
Property Plant And Equipment Gross	236.8M	223.7M	256.1M	758.6M	872.4M	916.0M
Total Current Assets	575.6M	624.2M	628.6M	648.3M	745.5M	782.8M
Accumulated Other Comprehensive Income	(240.7M)	(192.7M)	(190.2M)	(174.4M)	(157.0M)	(149.1M)
Short Term Debt	53.9M	31.7M	26.1M	27.7M	31.8M	20.3M
Intangible Assets	333.5M	261.5M	202.2M	160.5M	184.5M	178.0M
Good Will	765.4M	773.8M	675.4M	698.1M	802.8M	473.1M
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	807.7M	759.1M	795.3M	786.5M	904.5M	485.0M
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 Ebit vs Net Income Analysis

Ebit vs Net Income

Ebit vs Net Income Correlation Analysis

Correlation Coefficient

Ebit

Net Income

Matthews International fundamental ratios Correlations

Matthews International Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Matthews International fundamental ratios Accounts

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Additional Tools for Matthews Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

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
Good Will	+ 0.99	Total Assets
Total Liab	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Net Debt

Common Stock Total Equity	- 0.62	Common Stock Shares Outstanding
Inventory	- 0.62	Common Stock Shares Outstanding
Property Plant And Equipment Gross	- 0.6	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.59	Property Plant And Equipment Net
Common Stock Shares Outstanding	- 0.52	Total Current Liabilities
Common Stock Shares Outstanding	- 0.51	Other Current Liab