MasTec Common Stock Total Equity vs Total Assets Analysis

MTZ Stock  USD 144.55  3.39  2.29%   
MasTec financial indicator trend analysis is infinitely more than just investigating MasTec Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MasTec Inc is a good investment. Please check the relationship between MasTec Common Stock Total Equity and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MasTec 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.

Common Stock Total Equity vs Total Assets

Common Stock Total Equity vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MasTec Inc Common Stock Total Equity account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between MasTec's Common Stock Total Equity and Total Assets is 0.6. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Total Assets in the same time period over historical financial statements of MasTec Inc, assuming nothing else is changed. The correlation between historical values of MasTec's Common Stock Total Equity and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of MasTec Inc are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Common Stock Total Equity i.e., MasTec's Common Stock Total Equity and Total Assets go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Total Assets

Total assets refers to the total amount of MasTec assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in MasTec Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from MasTec's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MasTec 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 MasTec 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, MasTec's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.09 in 2024, whereas Discontinued Operations is likely to drop (7.8 M) in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.1B1.2B786.8M826.2M
Total Revenue8.0B9.8B12.0B12.6B

MasTec fundamental ratios Correlations

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0.970.950.950.960.970.910.940.90.96-0.360.90.950.030.960.490.120.120.960.890.970.930.910.850.530.49
0.990.990.950.950.980.970.90.90.99-0.370.90.980.10.980.590.040.070.990.950.990.970.930.960.570.51
0.980.940.960.950.980.910.970.890.98-0.380.890.970.160.970.60.10.070.970.860.980.930.90.870.640.61
0.990.970.970.980.980.940.960.910.99-0.410.910.970.040.980.530.050.020.980.910.980.970.940.90.540.49
0.970.990.910.970.910.940.840.790.97-0.50.790.970.10.980.590.130.10.980.90.960.930.950.940.540.48
0.940.890.940.90.970.960.840.890.93-0.350.890.92-0.010.920.460.07-0.080.920.820.940.910.830.80.520.48
0.890.860.90.90.890.910.790.890.89-0.261.00.83-0.130.860.32-0.03-0.040.880.90.880.940.830.80.380.31
1.00.990.960.990.980.990.970.930.89-0.440.890.980.110.990.590.070.081.00.920.990.970.960.930.580.54
-0.42-0.47-0.36-0.37-0.38-0.41-0.5-0.35-0.26-0.44-0.26-0.41-0.02-0.48-0.24-0.02-0.14-0.44-0.17-0.4-0.35-0.55-0.37-0.18-0.2
0.890.860.90.90.890.910.790.891.00.89-0.260.83-0.130.860.32-0.03-0.040.880.90.880.940.830.80.380.31
0.990.980.950.980.970.970.970.920.830.98-0.410.830.170.990.640.130.070.990.891.00.940.90.940.630.59
0.120.060.030.10.160.040.1-0.01-0.130.11-0.02-0.130.170.10.720.110.510.1-0.060.13-0.050.020.180.820.86
1.00.990.960.980.970.980.980.920.860.99-0.480.860.990.10.590.110.081.00.90.990.950.960.930.570.53
0.60.560.490.590.60.530.590.460.320.59-0.240.320.640.720.59-0.070.220.60.430.620.460.490.670.820.84
0.090.120.120.040.10.050.130.07-0.030.07-0.02-0.030.130.110.11-0.070.180.080.040.110.020.03-0.020.130.14
0.080.080.120.070.070.020.1-0.08-0.040.08-0.14-0.040.070.510.080.220.180.080.030.060.010.12-0.040.430.42
1.01.00.960.990.970.980.980.920.881.0-0.440.880.990.11.00.60.080.080.930.990.970.950.950.570.52
0.920.930.890.950.860.910.90.820.90.92-0.170.90.89-0.060.90.430.040.030.930.910.960.860.90.420.32
1.00.980.970.990.980.980.960.940.880.99-0.40.881.00.130.990.620.110.060.990.910.960.920.940.610.57
0.960.960.930.970.930.970.930.910.940.97-0.350.940.94-0.050.950.460.020.010.970.960.960.910.90.460.39
0.940.950.910.930.90.940.950.830.830.96-0.550.830.90.020.960.490.030.120.950.860.920.910.880.460.41
0.930.940.850.960.870.90.940.80.80.93-0.370.80.940.180.930.67-0.02-0.040.950.90.940.90.880.580.52
0.60.530.530.570.640.540.540.520.380.58-0.180.380.630.820.570.820.130.430.570.420.610.460.460.580.98
0.550.480.490.510.610.490.480.480.310.54-0.20.310.590.860.530.840.140.420.520.320.570.390.410.520.98
Click cells to compare fundamentals

MasTec Account Relationship Matchups

MasTec fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.0B5.2B7.1B9.3B9.4B9.8B
Short Long Term Debt Total1.5B1.4B2.1B3.5B3.5B3.7B
Other Current Liab277.9M398.0M574.2M615.0M660.9M693.9M
Total Current Liabilities1.2B1.4B1.8B2.5B2.8B3.0B
Total Stockholder Equity1.8B2.0B2.5B2.7B2.7B2.8B
Property Plant And Equipment Net1.1B1.2B1.7B2.0B2.1B2.2B
Net Debt1.4B851.0M1.7B3.1B3.0B3.1B
Retained Earnings1.5B1.8B2.2B2.2B2.1B2.3B
Cash71.4M423.1M360.7M370.6M529.6M556.0M
Non Current Assets Total2.8B2.9B4.2B5.4B5.4B5.7B
Non Currrent Assets Other254.7M282.9M360.1M(571.0B)418.6M439.5M
Cash And Short Term Investments71.4M423.1M360.7M370.6M529.6M556.0M
Net Receivables1.9B1.8B2.2B3.1B3.1B3.3B
Common Stock Shares Outstanding75.8M73.7M73.9M76.2M77.5M60.9M
Liabilities And Stockholders Equity5.0B5.2B7.1B9.3B9.4B9.8B
Non Current Liabilities Total2.0B1.8B2.8B4.1B3.8B4.0B
Inventory100.1M89.6M92.6M118.0M108.1M113.6M
Other Current Assets75.2M31.4M81.9M240.9M210.1M220.6M
Other Stockholder Equity347.5M254.1M450.7M582.7M603.4M375.5M
Total Liab3.2B3.2B4.6B6.6B6.7B7.0B
Property Plant And Equipment Gross1.1B1.2B1.7B2.0B4.0B4.2B
Total Current Assets2.2B2.4B2.9B3.9B4.0B4.2B
Accumulated Other Comprehensive Income(75.7M)(91.4M)(78.8M)(51.0M)(53.0M)(55.6M)
Short Term Debt200.0M217.6M233.3M364.9M452.8M475.4M
Intangible Assets211.5M184.0M670.3M946.3M784.3M823.5M
Accounts Payable535.0M571.3M663.1M1.1B1.2B1.3B
Common Stock Total Equity9.2M9.3M9.5M9.9M11.3M8.1M
Common Stock9.2M9.3M9.5M9.9M9.9M8.2M
Other Liab517.6M533.0M740.3M809.8M931.3M977.8M
Other Assets103K105K(33K)41K(112K)(106.4K)
Long Term Debt1.3B1.2B1.9B3.1B2.9B3.0B
Property Plant Equipment905.8M982.3M1.7B2.0B2.3B2.5B
Current Deferred Revenue206.2M228.4M314.0M406.2M481.0M505.0M
Good Will1.2B1.2B1.5B2.0B2.1B2.2B
Net Tangible Assets354.3M574.8M353.0M(254.0M)(292.1M)(277.5M)
Noncontrolling Interest In Consolidated Entity4.5M3.6M4.1M3.9M4.4M4.2M
Retained Earnings Total Equity1.5B1.8B2.2B2.2B2.5B2.7B
Long Term Debt Total1.3B1.2B1.9B3.1B3.5B3.7B

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When running MasTec's price analysis, check to measure MasTec'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 MasTec is operating at the current time. Most of MasTec's value examination focuses on studying past and present price action to predict the probability of MasTec's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MasTec's price. Additionally, you may evaluate how the addition of MasTec to your portfolios can decrease your overall portfolio volatility.