Matthews Other Stockholder Equity vs Accounts Payable Analysis

MATW Stock  USD 30.37  0.61  1.97%   
Matthews International financial indicator trend analysis is infinitely more than just investigating Matthews International recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Matthews International is a good investment. Please check the relationship between Matthews International Other Stockholder Equity and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Matthews International. 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.
For more information on how to buy Matthews Stock please use our How to Invest in Matthews International guide.

Other Stockholder Equity vs Accounts Payable

Other Stockholder Equity vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Matthews International Other Stockholder Equity account and Accounts Payable. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Matthews International's Other Stockholder Equity and Accounts Payable is 0.13. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Matthews International, assuming nothing else is changed. The correlation between historical values of Matthews International's Other Stockholder Equity and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Matthews International are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Stockholder Equity i.e., Matthews International's Other Stockholder Equity and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.13
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Stockholder Equity

Accounts Payable

An accounting item on the balance sheet that represents Matthews International obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Matthews International are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Matthews International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Matthews International 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 Matthews International. 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.
For more information on how to buy Matthews Stock please use our How to Invest in Matthews International guide.Selling General Administrative is likely to climb to about 661.7 M in 2024, despite the fact that Tax Provision is likely to grow to (9.5 M).
 2021 2022 2023 2024 (projected)
Gross Profit522.3M577.7M529.7M351.8M
Total Revenue1.8B1.9B1.8B981.7M

Matthews International fundamental ratios Correlations

0.970.280.530.890.540.880.890.510.330.990.410.330.970.110.990.590.730.220.980.080.950.610.850.990.69
0.970.350.580.790.60.910.80.550.210.960.360.210.950.180.990.630.770.30.990.180.950.610.80.940.64
0.280.350.890.00.820.570.140.87-0.110.220.21-0.110.32-0.510.280.830.42-0.010.390.740.430.48-0.040.220.6
0.530.580.890.260.940.770.340.960.140.470.270.140.55-0.420.520.970.620.10.620.770.680.480.20.480.75
0.890.790.00.260.320.710.950.210.440.920.270.440.860.020.840.350.450.050.77-0.130.750.440.880.940.6
0.540.60.820.940.320.80.370.870.10.480.020.10.58-0.440.520.970.480.090.60.860.660.430.240.510.78
0.880.910.570.770.710.80.710.70.160.870.270.160.86-0.070.890.790.680.330.90.440.850.590.750.860.71
0.890.80.140.340.950.370.710.290.370.90.350.360.88-0.140.840.440.49-0.160.8-0.090.80.640.770.930.7
0.510.550.870.960.210.870.70.290.180.430.370.180.51-0.340.50.930.690.130.610.680.680.430.150.440.68
0.330.21-0.110.140.440.10.160.370.180.310.01.00.21-0.150.260.20.38-0.150.25-0.150.37-0.220.280.380.43
0.990.960.220.470.920.480.870.90.430.310.410.30.960.140.980.520.690.240.960.020.90.610.90.990.64
0.410.360.210.270.270.020.270.350.370.00.410.00.360.160.430.140.590.150.45-0.30.380.540.320.340.09
0.330.21-0.110.140.440.10.160.360.181.00.30.00.21-0.160.260.20.38-0.150.25-0.140.37-0.220.280.380.43
0.970.950.320.550.860.580.860.880.510.210.960.360.210.060.960.60.630.160.950.170.930.660.780.970.73
0.110.18-0.51-0.420.02-0.44-0.07-0.14-0.34-0.150.140.16-0.160.060.2-0.450.190.710.15-0.470.02-0.220.320.06-0.55
0.990.990.280.520.840.520.890.840.50.260.980.430.260.960.20.570.760.320.990.080.930.620.860.960.62
0.590.630.830.970.350.970.790.440.930.20.520.140.20.6-0.450.570.610.010.660.770.740.470.230.550.82
0.730.770.420.620.450.480.680.490.690.380.690.590.380.630.190.760.610.310.810.10.820.390.50.660.47
0.220.3-0.010.10.050.090.33-0.160.13-0.150.240.15-0.150.160.710.320.010.310.280.070.12-0.130.450.15-0.3
0.980.990.390.620.770.60.90.80.610.250.960.450.250.950.150.990.660.810.280.170.970.650.770.940.68
0.080.180.740.77-0.130.860.44-0.090.68-0.150.02-0.3-0.140.17-0.470.080.770.10.070.170.260.12-0.180.050.49
0.950.950.430.680.750.660.850.80.680.370.90.380.370.930.020.930.740.820.120.970.260.580.640.920.78
0.610.610.480.480.440.430.590.640.43-0.220.610.54-0.220.66-0.220.620.470.39-0.130.650.120.580.40.570.54
0.850.8-0.040.20.880.240.750.770.150.280.90.320.280.780.320.860.230.50.450.77-0.180.640.40.860.34
0.990.940.220.480.940.510.860.930.440.380.990.340.380.970.060.960.550.660.150.940.050.920.570.860.71
0.690.640.60.750.60.780.710.70.680.430.640.090.430.73-0.550.620.820.47-0.30.680.490.780.540.340.71
Click cells to compare fundamentals

Matthews International Account Relationship Matchups

Matthews International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.1B2.0B1.9B1.9B1.8B1.2B
Short Long Term Debt Total834.5M763.7M798.6M864.4M839.2M424.6M
Other Current Liab176.4M205.6M254.6M203.1M289.4M303.9M
Total Current Liabilities316.9M354.2M411.4M394.6M434.8M456.5M
Total Stockholder Equity611.4M636.4M487.1M525.7M437.2M456.8M
Property Plant And Equipment Net236.8M223.7M256.1M342.0M340.0M357.0M
Net Debt793.2M714.5M729.6M822.3M798.3M838.3M
Retained Earnings859.0M834.2M706.7M714.7M623.1M573.1M
Accounts Payable82.9M112.7M121.4M114.3M108.4M113.8M
Cash41.3M49.2M69.0M42.1M40.8M51.1M
Non Current Assets Total1.5B1.4B1.3B1.2B1.2B832.5M
Non Currrent Assets Other94.4M115.0M90.9M8.2M9.6M9.1M
Cash And Short Term Investments41.3M49.2M69.0M42.1M40.8M51.6M
Net Receivables295.2M309.8M221.0M282.2M299.0M179.7M
Common Stock Shares Outstanding31.2M32.0M31.4M31.3M30.9M25.6M
Liabilities And Stockholders Equity2.1B2.0B1.9B1.9B1.8B1.2B
Non Current Liabilities Total1.1B1.0B984.3M967.5M962.9M554.7M
Inventory175.1M189.1M225.4M260.4M237.9M249.8M
Other Current Assets64.0M76.1M110.7M63.6M54.9M30.3M
Other Stockholder Equity(43.8M)(41.3M)(65.5M)(51.0M)(53.5M)(56.2M)
Total Liab1.5B1.4B1.4B1.4B1.4B750.5M
Property Plant And Equipment Gross236.8M223.7M256.1M758.6M807.2M847.6M
Total Current Assets575.6M624.2M628.6M648.3M632.5M379.1M
Accumulated Other Comprehensive Income(240.7M)(192.7M)(190.2M)(174.4M)(168.7M)(160.3M)
Short Term Debt53.9M31.7M26.1M27.7M29.5M20.7M
Intangible Assets333.5M261.5M202.2M160.5M126.0M176.8M
Good Will765.4M773.8M675.4M698.1M697.1M482.9M
Other Liab292.4M282.7M282.4M137.6M158.2M158.2M
Other Assets40.2M30.7M148.9M19.7M22.6M40.9M
Long Term Debt807.7M759.1M795.3M786.5M769.6M499.5M
Treasury Stock(200.2M)(179.0M)(190.7M)(225.8M)(203.2M)(213.4M)
Property Plant Equipment237.4M236.8M223.7M328.0M377.2M396.1M
Current Deferred Revenue(82.9M)(112.7M)31.9M36.9M33.2M34.9M
Net Tangible Assets(529.4M)610.8M(398.9M)(390.2M)(351.2M)(333.6M)

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