Masonite Total Revenue vs Property Plant Equipment Analysis

DOOR Stock  USD 132.84  0.07  0.05%   
Masonite International financial indicator trend analysis is infinitely more than just investigating Masonite International recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Masonite International is a good investment. Please check the relationship between Masonite International Total Revenue and its Property Plant Equipment accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Masonite International Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

Total Revenue vs Property Plant Equipment

Total Revenue vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Masonite International Total Revenue account and Property Plant Equipment. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Masonite International's Total Revenue and Property Plant Equipment is 0.83. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Masonite International Corp, assuming nothing else is changed. The correlation between historical values of Masonite International's Total Revenue 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 Total Revenue of Masonite International Corp 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 Total Revenue i.e., Masonite International's Total Revenue and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Total Revenue

Total revenue comprises all receipts Masonite International generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Property Plant Equipment

Most indicators from Masonite International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Masonite 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Masonite International Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
As of 05/15/2024, Selling General Administrative is likely to drop to about 192.6 M. In addition to that, Discontinued Operations is likely to drop to about (550.9 K)
 2021 2022 2023 2024 (projected)
Gross Profit611.8M673.9M660.5M432.2M
Total Revenue2.6B2.9B2.8B2.2B

Masonite International fundamental ratios Correlations

0.880.910.60.41-0.040.690.750.890.60.770.880.960.590.250.940.61-0.730.950.020.82-0.680.850.850.810.53
0.880.870.570.1-0.190.830.790.730.40.530.810.830.410.420.760.69-0.520.830.130.61-0.740.640.610.840.64
0.910.870.380.520.230.790.650.840.420.810.90.930.360.00.810.61-0.80.87-0.170.87-0.490.740.750.770.74
0.60.570.38-0.04-0.480.290.320.220.250.20.220.360.70.730.730.16-0.240.390.740.29-0.860.430.430.290.0
0.410.10.52-0.040.510.130.020.490.270.720.390.490.12-0.640.39-0.01-0.830.37-0.510.740.160.540.550.160.33
-0.04-0.190.23-0.480.510.13-0.220.1-0.260.470.20.12-0.37-0.760.0-0.08-0.30.01-0.480.340.56-0.110.03-0.090.41
0.690.830.790.290.130.130.710.620.00.540.760.71-0.060.150.560.47-0.490.680.00.54-0.40.380.310.770.93
0.750.790.650.320.02-0.220.710.780.50.370.790.770.290.30.570.53-0.420.8-0.140.5-0.490.60.570.960.54
0.890.730.840.220.490.10.620.780.680.80.930.970.41-0.010.740.68-0.70.97-0.360.76-0.410.860.810.830.56
0.60.40.420.250.27-0.260.00.50.680.320.510.620.780.150.450.53-0.310.66-0.210.43-0.390.720.830.46-0.12
0.770.530.810.20.720.470.540.370.80.320.80.830.23-0.270.770.42-0.80.78-0.270.85-0.220.680.680.50.57
0.880.810.90.220.390.20.760.790.930.510.80.960.280.00.740.69-0.670.95-0.270.79-0.410.720.730.860.69
0.960.830.930.360.490.120.710.770.970.620.830.960.450.040.840.67-0.760.98-0.230.86-0.50.840.850.850.62
0.590.410.360.70.12-0.37-0.060.290.410.780.230.280.450.480.630.35-0.230.490.320.35-0.670.610.750.25-0.28
0.250.420.00.73-0.64-0.760.150.3-0.010.15-0.270.00.040.480.30.270.320.150.79-0.28-0.830.160.00.18-0.2
0.940.760.810.730.390.00.560.570.740.450.770.740.840.630.30.47-0.690.830.210.78-0.70.760.780.640.39
0.610.690.610.16-0.01-0.080.470.530.680.530.420.690.670.350.270.47-0.240.71-0.110.33-0.50.560.480.570.32
-0.73-0.52-0.8-0.24-0.83-0.3-0.49-0.42-0.7-0.31-0.8-0.67-0.76-0.230.32-0.69-0.24-0.660.38-0.920.21-0.73-0.7-0.57-0.56
0.950.830.870.390.370.010.680.80.970.660.780.950.980.490.150.830.71-0.66-0.170.78-0.550.820.830.850.54
0.020.13-0.170.74-0.51-0.480.0-0.14-0.36-0.21-0.27-0.27-0.230.320.790.21-0.110.38-0.17-0.31-0.58-0.17-0.19-0.23-0.25
0.820.610.870.290.740.340.540.50.760.430.850.790.860.35-0.280.780.33-0.920.78-0.31-0.230.670.840.640.57
-0.68-0.74-0.49-0.860.160.56-0.4-0.49-0.41-0.39-0.22-0.41-0.5-0.67-0.83-0.7-0.50.21-0.55-0.58-0.23-0.61-0.42-0.48-0.08
0.850.640.740.430.54-0.110.380.60.860.720.680.720.840.610.160.760.56-0.730.82-0.170.67-0.610.790.650.28
0.850.610.750.430.550.030.310.570.810.830.680.730.850.750.00.780.48-0.70.83-0.190.84-0.420.790.620.23
0.810.840.770.290.16-0.090.770.960.830.460.50.860.850.250.180.640.57-0.570.85-0.230.64-0.480.650.620.65
0.530.640.740.00.330.410.930.540.56-0.120.570.690.62-0.28-0.20.390.32-0.560.54-0.250.57-0.080.280.230.65
Click cells to compare fundamentals

Masonite International Account Relationship Matchups

Masonite International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B2.1B2.2B2.2B2.7B2.0B
Other Current Liab161.8M266.1M220.3M196.9M208.2M157.7M
Total Current Liabilities267.7M386.0M384.6M348.9M394.6M322.1M
Total Stockholder Equity624.9M685.0M688.2M732.1M848.3M744.4M
Retained Earnings(20.0M)20.4M24.2M127.8M211.9M222.5M
Accounts Payable84.9M97.2M138.8M111.5M113.2M102.4M
Cash167.0M364.7M381.4M296.9M149.3M150.4M
Other Assets70.8M72.7M66.7M49.5M56.9M43.7M
Long Term Debt791.0M792.2M865.7M866.1M1.0B757.8M
Good Will184.2M138.7M77.1M69.9M294.7M149.0M
Inventory242.2M261.0M347.5M406.8M391.2M298.5M
Other Current Assets43.8M53.1M60.5M55.1M60.1M32.2M
Total Liab1.3B1.4B1.5B1.5B1.8B1.2B
Intangible Assets184.5M169.4M150.5M136.1M402.9M231.3M
Common Stock558.5M553.0M543.4M520.0M525.2M537.1M
Property Plant Equipment625.6M625.1M803.2M813.0M935.0M695.4M
Other Liab103.7M128.2M130.8M109.5M126.0M90.0M
Common Stock Shares Outstanding25.5M24.9M24.6M22.8M22.3M21.8M
Short Long Term Debt Total901.5M928.5M1.0B1.0B1.3B670.6M
Net Tangible Assets256.2M376.9M460.7M526.2M473.6M389.5M
Property Plant And Equipment Net747.0M771.9M803.2M813.0M950.8M741.6M
Noncontrolling Interest In Consolidated Entity11.9M12.0M10.2M11.5M10.4M11.2M
Net Debt734.5M563.8M650.0M744.8M1.2B1.2B
Non Current Assets Total1.2B1.2B1.1B1.1B1.7B1.1B
Non Currrent Assets Other44.8M47.4M45.9M33.3M36.5M29.0M
Cash And Short Term Investments167.0M364.7M381.4M296.9M149.3M191.4M
Net Receivables281.0M291.6M344.7M392.8M352.8M301.0M
Common Stock Total Equity575.2M558.5M553.0M543.4M624.9M610.6M
Retained Earnings Total Equity(30.8M)(20.0M)20.4M24.2M27.9M29.3M
Liabilities And Stockholders Equity1.9B2.1B2.2B2.2B2.7B2.0B
Non Current Liabilities Total1.0B1.1B1.2B1.2B1.4B826.5M
Other Stockholder Equity216.6M223.7M222.2M226.5M231.3M297.0M
Deferred Long Term Liab82.1M83.5M73.1M77.9M89.6M84.0M
Long Term Investments16.1M14.6M15.0M16.1M20.4M14.4M
Property Plant And Equipment Gross747.0M771.9M803.2M813.0M1.4B778.0M

Masonite International Investors Sentiment

The influence of Masonite International's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Masonite. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Masonite International's public news can be used to forecast risks associated with an investment in Masonite. The trend in average sentiment can be used to explain how an investor holding Masonite can time the market purely based on public headlines and social activities around Masonite International Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Masonite International's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Masonite International's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Masonite International's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Masonite International.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Masonite International in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Masonite International's short interest history, or implied volatility extrapolated from Masonite International options trading.

Pair Trading with Masonite International

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Masonite International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Masonite International will appreciate offsetting losses from the drop in the long position's value.

Moving together with Masonite Stock

  0.87OC Owens CorningPairCorr
  0.92TT Trane Technologies plcPairCorr
  0.64VKSC Viskase CompaniesPairCorr

Moving against Masonite Stock

  0.61JBI Janus InternationalPairCorr
  0.59FBIN Fortune Brands InnovPairCorr
  0.55ROCK Gibraltar IndustriesPairCorr
  0.5MAS MascoPairCorr
  0.41ILAG Intelligent LivingPairCorr
The ability to find closely correlated positions to Masonite International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Masonite International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Masonite International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Masonite International Corp to buy it.
The correlation of Masonite International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Masonite International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Masonite International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Masonite International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Masonite International is a strong investment it is important to analyze Masonite International's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Masonite International's future performance. For an informed investment choice regarding Masonite Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Masonite International Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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When running Masonite International's price analysis, check to measure Masonite International'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 Masonite International is operating at the current time. Most of Masonite International's value examination focuses on studying past and present price action to predict the probability of Masonite International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Masonite International's price. Additionally, you may evaluate how the addition of Masonite International to your portfolios can decrease your overall portfolio volatility.
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Is Masonite International's industry 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 Masonite International. If investors know Masonite 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 Masonite International 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
0.602
Earnings Share
6.32
Revenue Per Share
107.414
Quarterly Revenue Growth
(0.08)
Return On Assets
0.0799
The market value of Masonite International is measured differently than its book value, which is the value of Masonite that is recorded on the company's balance sheet. Investors also form their own opinion of Masonite International's value that differs from its market value or its book value, called intrinsic value, which is Masonite International's 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 Masonite International's market value can be influenced by many factors that don't directly affect Masonite International's 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 Masonite International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Masonite International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Masonite International's 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.