| MATX Stock | | | USD 156.04 2.09 1.36% |
Matson financial indicator trend analysis is infinitely more than just investigating Matson Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Matson Inc is a good investment. Please check the relationship between Matson Accumulated Depreciation and its Good Will accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Matson Inc. 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.
Accumulated Depreciation vs Good Will
Accumulated Depreciation vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Matson Inc Accumulated Depreciation account and
Good Will. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Matson's Accumulated Depreciation and Good Will is 0.4. Overlapping area represents the amount of variation of Accumulated Depreciation that can explain the historical movement of Good Will in the same time period over historical financial statements of Matson Inc, assuming nothing else is changed. The correlation between historical values of Matson's Accumulated Depreciation and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accumulated Depreciation of Matson Inc are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Accumulated Depreciation i.e., Matson's Accumulated Depreciation and Good Will go up and down completely randomly.
Correlation Coefficient | 0.4 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Accumulated Depreciation
Accumulated depreciation is the total amount of depreciation for Matson Inc fixed asset that has been charged to Matson expense since that asset was acquired and made available for Matson use. The accumulated depreciation account is Matson Inc asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Matson Inc.
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Matson's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Matson Inc 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 Matson Inc. 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.
At this time, Matson's
Tax Provision is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 0.1 in 2024, whereas
Selling General Administrative is likely to drop slightly above 174
M in 2024.
Matson fundamental ratios Correlations
Click cells to compare fundamentals
Matson Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Matson fundamental ratios Accounts
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Additional Tools for Matson Stock Analysis
When running Matson's price analysis, check to
measure Matson's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Matson is operating at the current time. Most of Matson's value examination focuses on studying past and present price action to
predict the probability of Matson's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Matson's price. Additionally, you may evaluate how the addition of Matson to your portfolios can decrease your overall portfolio volatility.