| MAT Stock | | | USD 19.02 0.27 1.44% |
Mattel financial indicator trend analysis is infinitely more than just investigating Mattel Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mattel Inc is a good investment. Please check the relationship between Mattel Net Receivables and its Property Plant Equipment accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mattel 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 nation.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Mattel Inc Net Receivables account and
Property Plant Equipment. At this time, the significance of the direction appears to have no relationship.
The correlation between Mattel's Net Receivables and Property Plant Equipment is 0.03. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Mattel Inc, assuming nothing else is changed. The correlation between historical values of Mattel's Net Receivables and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Mattel Inc are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Receivables i.e., Mattel's Net Receivables and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.03 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Most indicators from Mattel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mattel 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 Mattel 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 nation.
At this time, Mattel's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 317.2
M in 2024, whereas
Enterprise Value is likely to drop slightly above 3.8
B in 2024.
When running Mattel's price analysis, check to
measure Mattel'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 Mattel is operating at the current time. Most of Mattel's value examination focuses on studying past and present price action to
predict the probability of Mattel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mattel's price. Additionally, you may evaluate how the addition of Mattel to your portfolios can decrease your overall portfolio volatility.