| 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 Retained Earnings and its Cash And Short Term Investments 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.
Retained Earnings vs Cash And Short Term Investments
Retained Earnings vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Matson Inc Retained Earnings account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Matson's Retained Earnings and Cash And Short Term Investments is 0.44. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Cash And Short Term Investments 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 Retained Earnings and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Matson Inc are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Retained Earnings i.e., Matson's Retained Earnings and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.44 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Matson Inc balance sheet. This account contains Matson investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Matson Inc 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.
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.