Mohawk Intangible Assets vs Inventory Analysis

MHK Stock  USD 138.77  1.28  0.93%   
Mohawk Industries financial indicator trend analysis is infinitely more than just investigating Mohawk Industries recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mohawk Industries is a good investment. Please check the relationship between Mohawk Industries Intangible Assets and its Inventory accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mohawk Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For more information on how to buy Mohawk Stock please use our How to buy in Mohawk Stock guide.

Intangible Assets vs Inventory

Intangible Assets vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mohawk Industries Intangible Assets account and Inventory. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Mohawk Industries' Intangible Assets and Inventory is 0.87. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Inventory in the same time period over historical financial statements of Mohawk Industries, assuming nothing else is changed. The correlation between historical values of Mohawk Industries' Intangible Assets and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Mohawk Industries are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Intangible Assets i.e., Mohawk Industries' Intangible Assets and Inventory go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Inventory

Most indicators from Mohawk Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mohawk Industries 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 Mohawk Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For more information on how to buy Mohawk Stock please use our How to buy in Mohawk Stock guide.At this time, Mohawk Industries' Tax Provision is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.19 this year, although the value of Selling General Administrative will most likely fall to about 1.3 B.
 2021 2022 2023 2024 (projected)
Interest Expense57.3M51.9M77.5M71.2M
Depreciation And Amortization649.8M647.9M630.3M661.8M

Mohawk Industries fundamental ratios Correlations

0.940.750.780.990.840.860.880.80.290.990.70.470.850.640.90.820.480.960.980.830.50.820.450.330.22
0.940.660.850.890.780.960.780.840.180.940.710.310.810.720.830.790.370.970.980.760.680.870.430.470.35
0.750.660.720.770.880.610.880.60.380.750.780.340.820.440.690.850.590.680.710.830.40.740.680.290.19
0.780.850.720.740.890.850.870.710.250.790.840.190.920.580.590.890.550.80.830.840.840.880.70.460.34
0.990.890.770.740.830.810.880.770.310.980.680.50.830.60.90.80.480.930.950.820.430.780.430.280.18
0.840.780.880.890.830.720.980.640.490.830.90.430.980.530.760.960.740.780.830.970.540.870.820.390.25
0.860.960.610.850.810.720.710.91-0.050.890.650.070.750.710.710.730.220.930.920.660.770.850.350.480.41
0.880.780.880.870.880.980.710.640.50.870.860.50.970.510.780.930.720.790.840.960.510.840.730.310.21
0.80.840.60.710.770.640.910.64-0.180.850.54-0.060.650.750.650.640.030.880.810.550.650.790.240.520.51
0.290.180.380.250.310.49-0.050.5-0.180.20.520.850.480.130.440.460.790.180.250.63-0.130.310.630.170.0
0.990.940.750.790.980.830.890.870.850.20.690.40.830.670.870.790.40.960.970.790.550.840.410.360.28
0.70.710.780.840.680.90.650.860.540.520.690.360.870.440.60.840.640.650.70.850.620.80.830.450.29
0.470.310.340.190.50.430.070.5-0.060.850.40.360.430.120.610.350.670.330.410.56-0.220.270.33-0.05-0.15
0.850.810.820.920.830.980.750.970.650.480.830.870.430.580.780.970.750.810.860.980.570.890.790.420.29
0.640.720.440.580.60.530.710.510.750.130.670.440.120.580.650.580.050.780.670.550.470.840.240.860.86
0.90.830.690.590.90.760.710.780.650.440.870.60.610.780.650.760.530.870.890.810.190.780.430.370.27
0.820.790.850.890.80.960.730.930.640.460.790.840.350.970.580.760.730.790.830.970.540.870.790.420.29
0.480.370.590.550.480.740.220.720.030.790.40.640.670.750.050.530.730.350.470.820.10.450.810.0-0.19
0.960.970.680.80.930.780.930.790.880.180.960.650.330.810.780.870.790.350.980.770.580.870.40.510.4
0.980.980.710.830.950.830.920.840.810.250.970.70.410.860.670.890.830.470.980.820.580.850.460.380.26
0.830.760.830.840.820.970.660.960.550.630.790.850.560.980.550.810.970.820.770.820.440.850.810.390.25
0.50.680.40.840.430.540.770.510.65-0.130.550.62-0.220.570.470.190.540.10.580.580.440.650.40.440.38
0.820.870.740.880.780.870.850.840.790.310.840.80.270.890.840.780.870.450.870.850.850.650.620.70.63
0.450.430.680.70.430.820.350.730.240.630.410.830.330.790.240.430.790.810.40.460.810.40.620.390.13
0.330.470.290.460.280.390.480.310.520.170.360.45-0.050.420.860.370.420.00.510.380.390.440.70.390.9
0.220.350.190.340.180.250.410.210.510.00.280.29-0.150.290.860.270.29-0.190.40.260.250.380.630.130.9
Click cells to compare fundamentals

Mohawk Industries Account Relationship Matchups

Mohawk Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.4B14.3B14.2B14.1B13.6B7.0B
Short Long Term Debt Total2.9B3.1B2.7B3.2B3.1B1.8B
Other Current Liab1.6B879.1M988.8M1.0B997.3M1.0B
Total Current Liabilities2.7B2.4B2.9B3.1B3.1B3.3B
Total Stockholder Equity8.1B8.5B8.4B8.0B7.6B3.8B
Property Plant And Equipment Net5.0B4.9B5.0B5.0B5.4B5.7B
Net Debt2.8B2.3B2.5B2.7B2.5B1.7B
Retained Earnings7.2B7.6B7.7B7.4B7.0B7.3B
Accounts Payable1.6B1.0B1.2B1.1B1.0B756.1M
Cash134.8M768.6M268.9M509.6M642.6M674.7M
Non Current Assets Total9.0B9.0B9.0B8.2B8.0B4.4B
Non Currrent Assets Other436.4M447.3M205.1M390.6M498.8M523.8M
Cash And Short Term Investments134.8M1.3B591.9M667.6M642.6M329.8M
Net Receivables1.5B1.7B1.8B1.9B1.9B2.0B
Common Stock Shares Outstanding72.3M71.4M69.1M64.1M63.7M68.2M
Liabilities And Stockholders Equity13.4B14.3B14.2B14.1B13.6B7.0B
Non Current Liabilities Total2.5B3.4B2.8B3.0B2.8B1.8B
Inventory2.3B1.9B2.4B2.8B2.6B2.7B
Other Current Assets70.2M400.8M414.8M528.9M535.2M561.9M
Other Stockholder Equity1.7B1.7B1.7B1.7B1.7B994.2M
Total Liab5.3B5.8B5.8B6.1B5.9B3.2B
Total Current Assets4.4B5.4B5.2B5.9B5.6B5.9B
Short Term Debt1.2B475.3M728.9M945.8M1.1B1.2B
Intangible Assets928.9M951.6M900.0M857.9M875.4M1.0B
Property Plant And Equipment Gross5.0B4.9B5.0B5.0B10.8B11.4B
Accumulated Other Comprehensive Income(765.8M)(695.1M)(967.0M)(1.1B)(1.1B)(1.0B)
Common Stock Total Equity790K776K729K709K815.4K841.0K
Common Stock790K776K729K709K710K838.6K
Other Liab801.1M823.7M852.3M757.5M871.2M914.7M
Other Assets436.4M447.3M451.4M390.6M449.2M471.7M
Long Term Debt1.5B2.4B1.7B2.0B1.7B1.6B
Good Will2.6B2.7B2.6B1.9B1.2B2.0B
Treasury Stock(215.7M)(215.7M)(215.6M)(215.5M)(247.9M)(260.3M)
Property Plant Equipment4.7B4.6B5.0B5.0B5.8B6.1B
Current Deferred Revenue(1.6B)(1.9B)65.7M72.6M68.0M71.4M
Net Tangible Assets4.6B4.9B4.9B5.2B6.0B3.4B
Noncontrolling Interest In Consolidated Entity6.6M6.8M6.8M6.4M7.4M5.8M
Retained Earnings Total Equity7.2B7.6B7.7B7.4B8.5B5.5B

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When determining whether Mohawk Industries is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Mohawk Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Mohawk Industries Stock. Highlighted below are key reports to facilitate an investment decision about Mohawk Industries Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mohawk Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For more information on how to buy Mohawk Stock please use our How to buy in Mohawk Stock guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Household Durables space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mohawk Industries. If investors know Mohawk will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mohawk Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.557
Earnings Share
8.85
Revenue Per Share
170.048
Quarterly Revenue Growth
(0.02)
Return On Assets
0.0432
The market value of Mohawk Industries is measured differently than its book value, which is the value of Mohawk that is recorded on the company's balance sheet. Investors also form their own opinion of Mohawk Industries' value that differs from its market value or its book value, called intrinsic value, which is Mohawk Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mohawk Industries' market value can be influenced by many factors that don't directly affect Mohawk Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mohawk Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mohawk Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mohawk Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.