Matson Good Will vs Common Stock Analysis

MATX Stock  USD 152.64  0.88  0.58%   
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 Good Will and its Common Stock 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.

Good Will vs Common Stock

Good Will vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Matson Inc Good Will account and Common Stock. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Matson's Good Will and Common Stock is -0.64. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Common Stock 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 Good Will and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Matson Inc are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Good Will i.e., Matson's Good Will and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.64
Relationship DirectionNegative 
Relationship StrengthWeak

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.

Common Stock

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.
 2021 2022 2023 2024 (projected)
Gross Profit1.4B1.5B623.9M375.0M
Total Revenue3.9B4.3B3.1B1.7B

Matson fundamental ratios Correlations

0.55-0.380.870.750.950.320.720.350.990.00.350.77-0.550.84-0.35-0.160.020.810.820.740.680.810.38-0.65-0.64
0.55-0.170.490.190.580.940.15-0.290.62-0.37-0.290.55-0.340.87-0.240.2-0.020.770.280.050.180.620.0-0.26-0.26
-0.38-0.17-0.5-0.71-0.52-0.17-0.73-0.01-0.410.4-0.01-0.060.32-0.14-0.480.59-0.5-0.04-0.63-0.12-0.69-0.44-0.110.430.41
0.870.49-0.50.840.850.290.80.390.86-0.30.390.76-0.70.75-0.18-0.230.250.740.930.660.870.960.2-0.77-0.79
0.750.19-0.710.840.760.031.00.450.73-0.260.450.42-0.670.440.18-0.430.310.370.970.620.970.720.29-0.81-0.82
0.950.58-0.520.850.760.390.740.220.95-0.140.220.7-0.610.8-0.09-0.32-0.010.720.820.630.720.820.22-0.67-0.64
0.320.94-0.170.290.030.39-0.01-0.60.42-0.45-0.60.32-0.220.7-0.080.210.00.590.09-0.270.030.45-0.05-0.11-0.1
0.720.15-0.730.81.00.74-0.010.440.7-0.220.440.35-0.610.380.22-0.480.340.320.960.60.950.670.29-0.77-0.77
0.35-0.29-0.010.390.450.22-0.60.440.230.221.00.35-0.250.03-0.26-0.110.10.110.480.850.460.270.11-0.42-0.43
0.990.62-0.410.860.730.950.420.70.23-0.030.230.73-0.530.87-0.32-0.170.040.840.790.650.660.820.38-0.61-0.6
0.0-0.370.4-0.3-0.26-0.14-0.45-0.220.22-0.030.22-0.230.48-0.16-0.410.0-0.220.02-0.250.14-0.4-0.40.350.490.48
0.35-0.29-0.010.390.450.22-0.60.441.00.230.220.35-0.250.03-0.26-0.110.10.110.480.850.460.270.11-0.42-0.43
0.770.55-0.060.760.420.70.320.350.350.73-0.230.35-0.590.8-0.520.14-0.20.790.570.690.470.820.01-0.6-0.6
-0.55-0.340.32-0.7-0.67-0.61-0.22-0.61-0.25-0.530.48-0.25-0.59-0.54-0.13-0.040.28-0.42-0.69-0.48-0.7-0.71-0.050.90.91
0.840.87-0.140.750.440.80.70.380.030.87-0.160.030.8-0.54-0.450.14-0.120.960.550.440.40.810.19-0.48-0.48
-0.35-0.24-0.48-0.180.18-0.09-0.080.22-0.26-0.32-0.41-0.26-0.52-0.13-0.45-0.530.12-0.620.05-0.40.22-0.21-0.39-0.1-0.06
-0.160.20.59-0.23-0.43-0.320.21-0.48-0.11-0.170.0-0.110.14-0.040.14-0.53-0.370.17-0.38-0.06-0.47-0.120.240.040.01
0.02-0.02-0.50.250.31-0.010.00.340.10.04-0.220.1-0.20.28-0.120.12-0.37-0.080.29-0.050.360.170.120.0-0.01
0.810.77-0.040.740.370.720.590.320.110.840.020.110.79-0.420.96-0.620.17-0.080.510.460.330.790.26-0.36-0.39
0.820.28-0.630.930.970.820.090.960.480.79-0.250.480.57-0.690.550.05-0.380.290.510.690.960.830.22-0.82-0.83
0.740.05-0.120.660.620.63-0.270.60.850.650.140.850.69-0.480.44-0.4-0.06-0.050.460.690.60.560.29-0.65-0.65
0.680.18-0.690.870.970.720.030.950.460.66-0.40.460.47-0.70.40.22-0.470.360.330.960.60.770.14-0.85-0.85
0.810.62-0.440.960.720.820.450.670.270.82-0.40.270.82-0.710.81-0.21-0.120.170.790.830.560.770.08-0.72-0.74
0.380.0-0.110.20.290.22-0.050.290.110.380.350.110.01-0.050.19-0.390.240.120.260.220.290.140.08-0.21-0.23
-0.65-0.260.43-0.77-0.81-0.67-0.11-0.77-0.42-0.610.49-0.42-0.60.9-0.48-0.10.040.0-0.36-0.82-0.65-0.85-0.72-0.210.99
-0.64-0.260.41-0.79-0.82-0.64-0.1-0.77-0.43-0.60.48-0.43-0.60.91-0.48-0.060.01-0.01-0.39-0.83-0.65-0.85-0.74-0.230.99
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Matson Account Relationship Matchups

Matson fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.8B2.9B3.7B4.3B3.7B2.2B
Short Long Term Debt Total958.4M744.8M614.7M504.6M725M518.7M
Other Current Liab145.7M80.9M98.3M103.3M(30.3M)(28.8M)
Total Current Liabilities436.7M511.5M612.4M581.6M562.3M590.4M
Total Stockholder Equity805.7M961.2M1.7B2.3B2.4B2.5B
Property Plant And Equipment Net1.6B1.7B1.9B2.0B2.4B1.3B
Net Debt937.2M730.4M332.3M254.8M591M462.7M
Retained Earnings504.2M658.1M1.4B2.0B2.1B2.2B
Cash21.2M14.4M282.4M249.8M134M140.7M
Non Current Assets Total2.6B2.6B3.0B3.6B3.1B1.8B
Non Currrent Assets Other13.2M(53.3M)117.5M377.5M(488.8M)(464.4M)
Cash And Short Term Investments21.2M14.4M282.4M249.8M134M140.7M
Net Receivables218.7M253.7M343.7M268.5M279.4M183.0M
Common Stock Shares Outstanding43.2M43M43.3M39.3M35.7M35.7M
Liabilities And Stockholders Equity2.8B2.9B3.7B4.3B4.4B4.6B
Non Current Liabilities Total1.6B1.4B1.4B1.5B1.3B991.8M
Inventory(218.7M)(253.7M)(366.8M)(456.7M)144.5M151.7M
Other Current Assets268.4M37.8M78.4M241.3M44.4M85.4M
Other Stockholder Equity306.2M321.5M314.1M290.4M293.4M355.1M
Total Liab2.0B1.9B2.0B2.0B1.3B1.2B
Property Plant And Equipment Gross1.9B1.9B3.5B3.7B3.8B4.0B
Total Current Assets289.6M305.9M704.5M759.6M602.3M320.5M
Accumulated Other Comprehensive Income(36.9M)(50.8M)(30.9M)(6.9M)(8.2M)(8.6M)
Short Term Debt48.4M131.6M202.6M220.5M313.1M328.8M
Accounts Payable235.7M283.1M308.4M255.6M277.9M291.8M
Current Deferred Revenue6.9M4.2M(308.4M)646.5M(102.8M)(97.7M)
Other Liab495M742.3M863.6M761.3M875.5M919.3M
Other Assets94.7M81M542.7M627.1M(725.6M)(689.3M)
Long Term Debt910M685.6M549.7M427.7M389.3M498.5M
Property Plant Equipment1.9B1.7B1.9B2.0B2.3B1.5B
Intangible Assets202.9M192M181.1M174.9M176.4M114.0M
Net Tangible Assets275M441.4M1.2B1.8B2.1B2.2B
Long Term Debt Total910M685.6M549.7M427.7M491.9M605.0M
Capital Surpluse306.2M321.5M314.1M290.4M334.0M308.8M
Deferred Long Term Liab59M389.6M425.2M646.5M743.5M381.9M
Long Term Investments76.2M48.7M58.7M81.2M85.5M89.4M

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