Matrix Cash Conversion Cycle vs Free Cash Flow Per Share Analysis

MTRX Stock

USD 13.45 0.13 0.98%

Matrix Service financial indicator trend analysis is infinitely more than just investigating Matrix Service recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Matrix Service is a good investment. Please check the relationship between Matrix Service Cash Conversion Cycle and its Free Cash Flow Per Share accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Matrix Service Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Cash Conversion Cycle vs Free Cash Flow Per Share

Cash Conversion Cycle vs Free Cash Flow Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Matrix Service Cash Conversion Cycle account and Free Cash Flow Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Matrix Service's Cash Conversion Cycle and Free Cash Flow Per Share is -0.29. Overlapping area represents the amount of variation of Cash Conversion Cycle that can explain the historical movement of Free Cash Flow Per Share in the same time period over historical financial statements of Matrix Service Co, assuming nothing else is changed. The correlation between historical values of Matrix Service's Cash Conversion Cycle and Free Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash Conversion Cycle of Matrix Service Co are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Cash Conversion Cycle i.e., Matrix Service's Cash Conversion Cycle and Free Cash Flow Per Share go up and down completely randomly.

Correlation Coefficient

-0.29

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Cash Conversion Cycle

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Most indicators from Matrix Service's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Matrix Service 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 Matrix Service Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

At this time, Matrix Service's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 4.78 in 2024, whereas Selling General Administrative is likely to drop slightly above 52.5 M in 2024.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	67.7M	68.2M	70.1M	47.1M
Cost Of Revenue	709.0M	764.2M	687.7M	583.5M

Total Operating Expenses Cost Of Revenue

Matrix Service 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	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	Accounts Payable	Common Stock Total Equity	Common Stock
Total Assets		0.25	0.46	0.77	0.94	0.89	-0.43	0.84	0.47	0.98	-0.18	0.47	0.9	0.85	0.13	0.37	0.14	0.75	0.77	0.17	0.99	0.4	0.68	0.88	0.78	0.78
Short Long Term Debt Total	0.25		0.18	0.09	0.21	0.41	0.29	0.13	0.07	0.32	0.06	0.07	0.31	0.3	0.71	0.39	0.38	0.36	0.21	0.14	0.2	0.67	-0.07	0.29	0.31	0.31
Other Current Liab	0.46	0.18		0.27	0.49	0.43	-0.01	0.41	0.03	0.41	-0.38	0.03	0.63	0.51	0.07	0.36	0.78	0.42	0.27	-0.08	0.48	0.18	0.26	0.43	0.44	0.44
Total Current Liabilities	0.77	0.09	0.27		0.61	0.6	-0.68	0.4	0.75	0.74	0.36	0.75	0.66	0.74	0.02	0.35	0.05	0.67	0.98	0.63	0.77	0.2	0.47	0.76	0.7	0.71
Total Stockholder Equity	0.94	0.21	0.49	0.61		0.88	-0.37	0.94	0.37	0.92	-0.37	0.37	0.84	0.78	0.06	0.25	0.08	0.62	0.6	0.02	0.93	0.42	0.68	0.81	0.69	0.68
Property Plant And Equipment Net	0.89	0.41	0.43	0.6	0.88		-0.39	0.76	0.53	0.86	-0.18	0.53	0.83	0.85	0.33	0.42	0.22	0.75	0.64	0.19	0.88	0.31	0.45	0.73	0.79	0.78
Net Debt	-0.43	0.29	-0.01	-0.68	-0.37	-0.39		-0.21	-0.86	-0.33	-0.37	-0.86	-0.26	-0.5	0.41	-0.2	0.3	-0.41	-0.6	-0.65	-0.48	0.19	-0.09	-0.36	-0.52	-0.52
Retained Earnings	0.84	0.13	0.41	0.4	0.94	0.76	-0.21		0.13	0.83	-0.62	0.13	0.67	0.55	-0.04	0.03	-0.02	0.36	0.38	-0.24	0.82	0.45	0.78	0.75	0.44	0.43
Cash	0.47	0.07	0.03	0.75	0.37	0.53	-0.86	0.13		0.44	0.58	1.0	0.36	0.6	0.09	0.48	-0.11	0.6	0.76	0.86	0.48	-0.12	-0.05	0.33	0.63	0.64
Non Current Assets Total	0.98	0.32	0.41	0.74	0.92	0.86	-0.33	0.83	0.44		-0.17	0.44	0.88	0.78	0.26	0.4	0.12	0.72	0.76	0.18	0.94	0.44	0.69	0.83	0.71	0.71
Non Currrent Assets Other	-0.18	0.06	-0.38	0.36	-0.37	-0.18	-0.37	-0.62	0.58	-0.17		0.58	-0.11	0.12	0.18	0.33	-0.15	0.27	0.4	0.83	-0.19	-0.21	-0.51	-0.21	0.22	0.24
Cash And Short Term Investments	0.47	0.07	0.03	0.75	0.37	0.53	-0.86	0.13	1.0	0.44	0.58		0.36	0.6	0.09	0.48	-0.11	0.6	0.76	0.86	0.48	-0.12	-0.05	0.33	0.63	0.64
Net Receivables	0.9	0.31	0.63	0.66	0.84	0.83	-0.26	0.67	0.36	0.88	-0.11	0.36		0.92	0.25	0.51	0.38	0.87	0.69	0.15	0.89	0.35	0.5	0.75	0.86	0.86
Common Stock Shares Outstanding	0.85	0.3	0.51	0.74	0.78	0.85	-0.5	0.55	0.6	0.78	0.12	0.6	0.92		0.19	0.52	0.28	0.93	0.75	0.39	0.87	0.27	0.3	0.7	0.98	0.98
Non Current Liabilities Total	0.13	0.71	0.07	0.02	0.06	0.33	0.41	-0.04	0.09	0.26	0.18	0.09	0.25	0.19		0.44	0.36	0.34	0.19	0.19	0.06	0.22	-0.16	-0.01	0.22	0.22
Inventory	0.37	0.39	0.36	0.35	0.25	0.42	-0.2	0.03	0.48	0.4	0.33	0.48	0.51	0.52	0.44		0.5	0.76	0.42	0.4	0.35	-0.09	-0.3	0.13	0.55	0.55
Other Current Assets	0.14	0.38	0.78	0.05	0.08	0.22	0.3	-0.02	-0.11	0.12	-0.15	-0.11	0.38	0.28	0.36	0.5		0.36	0.11	-0.09	0.15	0.01	-0.1	0.14	0.25	0.24
Other Stockholder Equity	0.75	0.36	0.42	0.67	0.62	0.75	-0.41	0.36	0.6	0.72	0.27	0.6	0.87	0.93	0.34	0.76	0.36		0.71	0.44	0.75	0.14	0.1	0.53	0.94	0.94
Total Liab	0.77	0.21	0.27	0.98	0.6	0.64	-0.6	0.38	0.76	0.76	0.4	0.76	0.69	0.75	0.19	0.42	0.11	0.71		0.66	0.76	0.23	0.42	0.73	0.72	0.73
Property Plant And Equipment Gross	0.17	0.14	-0.08	0.63	0.02	0.19	-0.65	-0.24	0.86	0.18	0.83	0.86	0.15	0.39	0.19	0.4	-0.09	0.44	0.66		0.17	-0.05	-0.26	0.08	0.49	0.5
Total Current Assets	0.99	0.2	0.48	0.77	0.93	0.88	-0.48	0.82	0.48	0.94	-0.19	0.48	0.89	0.87	0.06	0.35	0.15	0.75	0.76	0.17		0.36	0.67	0.89	0.8	0.8
Short Term Debt	0.4	0.67	0.18	0.2	0.42	0.31	0.19	0.45	-0.12	0.44	-0.21	-0.12	0.35	0.27	0.22	-0.09	0.01	0.14	0.23	-0.05	0.36		0.43	0.54	0.25	0.25
Intangible Assets	0.68	-0.07	0.26	0.47	0.68	0.45	-0.09	0.78	-0.05	0.69	-0.51	-0.05	0.5	0.3	-0.16	-0.3	-0.1	0.1	0.42	-0.26	0.67	0.43		0.76	0.19	0.19
Accounts Payable	0.88	0.29	0.43	0.76	0.81	0.73	-0.36	0.75	0.33	0.83	-0.21	0.33	0.75	0.7	-0.01	0.13	0.14	0.53	0.73	0.08	0.89	0.54	0.76		0.59	0.59
Common Stock Total Equity	0.78	0.31	0.44	0.7	0.69	0.79	-0.52	0.44	0.63	0.71	0.22	0.63	0.86	0.98	0.22	0.55	0.25	0.94	0.72	0.49	0.8	0.25	0.19	0.59		1.0
Common Stock	0.78	0.31	0.44	0.71	0.68	0.78	-0.52	0.43	0.64	0.71	0.24	0.64	0.86	0.98	0.22	0.55	0.24	0.94	0.73	0.5	0.8	0.25	0.19	0.59	1.0

Click cells to compare fundamentals

Matrix Service Account Relationship Matchups

Matrix Service fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	517.3M	467.6M	440.8M	400.5M	451.4M	309.6M
Short Long Term Debt Total	36.8M	26.5M	40.6M	35.3M	22.9M	19.1M
Other Current Liab	31.4M	33.3M	91.5M	19.1M	25.5M	27.9M
Total Current Liabilities	175.9M	153.4M	177.8M	187.5M	265.1M	278.4M
Total Stockholder Equity	307.9M	285.5M	227.7M	181.5M	164.2M	168.1M
Property Plant And Equipment Net	102.1M	91.8M	75.9M	69.3M	62.6M	54.4M
Net Debt	(63.3M)	(57.4M)	(11.8M)	(19.5M)	(92.7M)	(88.1M)
Retained Earnings	206.4M	175.2M	111.3M	58.9M	33.9M	32.2M
Cash	100.0M	83.9M	52.4M	54.8M	115.6M	121.4M
Non Current Assets Total	182.2M	176.3M	153.4M	138.2M	149.8M	110.5M
Non Currrent Assets Other	3.2M	8.9M	1.5M	36.7M	56.4M	59.3M
Cash And Short Term Investments	100.0M	83.9M	52.4M	54.8M	115.6M	121.4M
Net Receivables	164.6M	195.8M	212.2M	191.1M	173.1M	125.1M
Common Stock Shares Outstanding	26.6M	26.5M	26.7M	27.0M	27.4M	25.0M
Liabilities And Stockholders Equity	517.3M	467.6M	440.8M	400.5M	451.4M	309.6M
Non Current Liabilities Total	33.5M	28.6M	35.3M	31.5M	22.1M	18.6M
Inventory	6.5M	7.3M	10.0M	7.4M	8.8M	4.6M
Other Current Assets	4.5M	4.2M	26.4M	8.9M	4.1M	3.9M
Other Stockholder Equity	109.6M	116.8M	124.3M	131.1M	139.5M	88.4M
Total Liab	209.4M	182.0M	213.1M	219.0M	287.2M	301.5M
Property Plant And Equipment Gross	102.1M	91.8M	75.9M	69.3M	208.6M	219.0M
Total Current Assets	335.2M	291.2M	287.4M	262.3M	301.6M	199.1M
Accumulated Other Comprehensive Income	(8.4M)	(6.7M)	(8.2M)	(8.8M)	(9.5M)	(10.0M)
Intangible Assets	8.8M	6.6M	4.8M	3.1M	1.7M	1.6M
Accounts Payable	73.1M	60.9M	74.9M	76.4M	65.6M	56.2M
Other Assets	10.8M	17.3M	30.5M	36.7M	42.2M	44.3M
Good Will	60.4M	60.6M	42.1M	29.1M	29.0M	48.6M
Treasury Stock	(17.8M)	(29.4M)	(20.7M)	(15.5M)	(14.0M)	(14.7M)
Property Plant Equipment	102.1M	91.8M	75.9M	69.3M	79.7M	67.3M
Long Term Debt	5.3M	9.2M	15M	10M	9M	10.1M
Current Deferred Revenue	63.9M	53.8M	65.1M	85.4M	171.3M	179.9M
Other Liab	4.3M	7.8M	398K	825K	742.5K	705.4K
Net Tangible Assets	238.7M	218.3M	180.8M	149.3M	171.7M	218.1M
Retained Earnings Total Equity	239.5M	206.4M	175.2M	111.3M	128.0M	187.9M
Capital Surpluse	137.7M	139.0M	137.6M	139.9M	160.8M	143.1M

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Matrix Cash Conversion Cycle vs Free Cash Flow Per Share Analysis

Cash Conversion Cycle vs Free Cash Flow Per Share

Cash Conversion Cycle vs Free Cash Flow Per Share Correlation Analysis

Correlation Coefficient

Cash Conversion Cycle

Free Cash Flow Per Share

Matrix Service fundamental ratios Correlations

Matrix Service Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Matrix Service fundamental ratios Accounts

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Additional Tools for Matrix Stock Analysis

COMMON DESTINATIONS

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COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Total Current Assets	+ 0.99	Total Assets
Non Current Assets Total	+ 0.98	Total Assets
Total Liab	+ 0.98	Total Current Liabilities
Common Stock Total Equity	+ 0.98	Common Stock Shares Outstanding

Cash And Short Term Investments	- 0.86	Net Debt
Cash	- 0.86	Net Debt
Net Debt	- 0.68	Total Current Liabilities
Property Plant And Equipment Gross	- 0.65	Net Debt
Non Currrent Assets Other	- 0.62	Retained Earnings
Total Liab	- 0.6	Net Debt