Matrix Treasury Stock vs Net Debt Analysis

MTRX Stock

USD 10.84 0.49 4.32%

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 Treasury Stock and its Net Debt 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.

Treasury Stock vs Net Debt

Treasury Stock vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Matrix Service Treasury Stock account and Net Debt. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Matrix Service's Treasury Stock and Net Debt is 0.53. Overlapping area represents the amount of variation of Treasury Stock that can explain the historical movement of Net Debt 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 Treasury Stock and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Treasury Stock of Matrix Service Co are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Treasury Stock i.e., Matrix Service's Treasury Stock and Net Debt go up and down completely randomly.

Correlation Coefficient

0.53

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Treasury Stock

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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 11.00 in 2024, whereas Selling General Administrative is likely to drop slightly above 51.6 M in 2024.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	67.7M	68.2M	78.5M	46.2M
Cost Of Revenue	709.0M	764.2M	878.8M	578.4M

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		0.12	0.69	0.95	0.96	0.89	-0.62	0.87	0.82	0.98	-0.17	0.82	0.9	0.79	0.13	0.38	0.39	0.73	0.95	0.89	0.99	0.39	0.69	0.89	0.78	0.78
Short Long Term Debt Total	0.12		-0.24	0.03	0.07	0.31	0.42	-0.06	0.0	0.2	0.46	0.0	0.17	0.32	0.7	0.44	0.09	0.37	0.16	0.31	0.07	0.45	-0.26	0.19	0.33	0.34
Other Current Liab	0.69	-0.24		0.63	0.75	0.53	-0.67	0.74	0.53	0.59	-0.4	0.53	0.68	0.54	-0.32	-0.02	0.44	0.37	0.55	0.53	0.73	0.34	0.62	0.64	0.57	0.57
Total Current Liabilities	0.95	0.03	0.63		0.84	0.78	-0.6	0.73	0.74	0.9	-0.07	0.74	0.88	0.76	0.03	0.33	0.37	0.7	0.98	0.78	0.95	0.3	0.72	0.93	0.72	0.72
Total Stockholder Equity	0.96	0.07	0.75	0.84		0.87	-0.69	0.95	0.82	0.94	-0.3	0.82	0.83	0.72	0.04	0.31	0.35	0.65	0.83	0.87	0.96	0.43	0.66	0.8	0.74	0.74
Property Plant And Equipment Net	0.89	0.31	0.53	0.78	0.87		-0.57	0.72	0.91	0.86	-0.05	0.91	0.81	0.83	0.34	0.5	0.41	0.8	0.83	1.0	0.88	0.26	0.4	0.73	0.85	0.84
Net Debt	-0.62	0.42	-0.67	-0.6	-0.69	-0.57		-0.71	-0.8	-0.5	0.37	-0.8	-0.43	-0.4	0.53	-0.01	-0.16	-0.28	-0.48	-0.57	-0.67	0.0	-0.48	-0.54	-0.4	-0.4
Retained Earnings	0.87	-0.06	0.74	0.73	0.95	0.72	-0.71		0.73	0.85	-0.5	0.73	0.64	0.48	-0.12	0.08	0.27	0.37	0.69	0.72	0.86	0.5	0.77	0.73	0.5	0.5
Cash	0.82	0.0	0.53	0.74	0.82	0.91	-0.8	0.73		0.76	-0.16	1.0	0.67	0.69	0.07	0.45	0.27	0.66	0.73	0.91	0.83	0.03	0.37	0.65	0.68	0.68
Non Current Assets Total	0.98	0.2	0.59	0.9	0.94	0.86	-0.5	0.85	0.76		-0.13	0.76	0.87	0.73	0.25	0.42	0.32	0.71	0.93	0.86	0.94	0.42	0.68	0.84	0.72	0.72
Non Currrent Assets Other	-0.17	0.46	-0.4	-0.07	-0.3	-0.05	0.37	-0.5	-0.16	-0.13		-0.16	0.08	0.27	0.34	0.33	-0.35	0.34	0.0	-0.05	-0.18	-0.25	-0.49	-0.11	0.23	0.24
Cash And Short Term Investments	0.82	0.0	0.53	0.74	0.82	0.91	-0.8	0.73	1.0	0.76	-0.16		0.67	0.69	0.07	0.45	0.27	0.66	0.73	0.91	0.83	0.03	0.37	0.65	0.68	0.68
Net Receivables	0.9	0.17	0.68	0.88	0.83	0.81	-0.43	0.64	0.67	0.87	0.08	0.67		0.92	0.21	0.46	0.35	0.87	0.9	0.81	0.9	0.32	0.51	0.8	0.9	0.9
Common Stock Shares Outstanding	0.79	0.32	0.54	0.76	0.72	0.83	-0.4	0.48	0.69	0.73	0.27	0.69	0.92		0.29	0.58	0.37	0.95	0.79	0.83	0.81	0.19	0.21	0.68	0.99	0.99
Non Current Liabilities Total	0.13	0.7	-0.32	0.03	0.04	0.34	0.53	-0.12	0.07	0.25	0.34	0.07	0.21	0.29		0.51	0.14	0.42	0.22	0.34	0.06	0.09	-0.22	0.02	0.29	0.29
Inventory	0.38	0.44	-0.02	0.33	0.31	0.5	-0.01	0.08	0.45	0.42	0.33	0.45	0.46	0.58	0.51		0.31	0.77	0.42	0.5	0.35	-0.2	-0.29	0.2	0.55	0.55
Other Current Assets	0.39	0.09	0.44	0.37	0.35	0.41	-0.16	0.27	0.27	0.32	-0.35	0.27	0.35	0.37	0.14	0.31		0.36	0.39	0.41	0.41	0.08	0.22	0.35	0.4	0.4
Other Stockholder Equity	0.73	0.37	0.37	0.7	0.65	0.8	-0.28	0.37	0.66	0.71	0.34	0.66	0.87	0.95	0.42	0.77	0.36		0.76	0.8	0.73	0.06	0.08	0.58	0.94	0.94
Total Liab	0.95	0.16	0.55	0.98	0.83	0.83	-0.48	0.69	0.73	0.93	0.0	0.73	0.9	0.79	0.22	0.42	0.39	0.76		0.83	0.94	0.31	0.66	0.91	0.76	0.75
Property Plant And Equipment Gross	0.89	0.31	0.53	0.78	0.87	1.0	-0.57	0.72	0.91	0.86	-0.05	0.91	0.81	0.83	0.34	0.5	0.41	0.8	0.83		0.88	0.26	0.4	0.73	0.85	0.84
Total Current Assets	0.99	0.07	0.73	0.95	0.96	0.88	-0.67	0.86	0.83	0.94	-0.18	0.83	0.9	0.81	0.06	0.35	0.41	0.73	0.94	0.88		0.37	0.67	0.9	0.8	0.8
Short Term Debt	0.39	0.45	0.34	0.3	0.43	0.26	0.0	0.5	0.03	0.42	-0.25	0.03	0.32	0.19	0.09	-0.2	0.08	0.06	0.31	0.26	0.37		0.5	0.53	0.21	0.21
Intangible Assets	0.69	-0.26	0.62	0.72	0.66	0.4	-0.48	0.77	0.37	0.68	-0.49	0.37	0.51	0.21	-0.22	-0.29	0.22	0.08	0.66	0.4	0.67	0.5		0.72	0.2	0.2
Accounts Payable	0.89	0.19	0.64	0.93	0.8	0.73	-0.54	0.73	0.65	0.84	-0.11	0.65	0.8	0.68	0.02	0.2	0.35	0.58	0.91	0.73	0.9	0.53	0.72		0.65	0.64
Common Stock Total Equity	0.78	0.33	0.57	0.72	0.74	0.85	-0.4	0.5	0.68	0.72	0.23	0.68	0.9	0.99	0.29	0.55	0.4	0.94	0.76	0.85	0.8	0.21	0.2	0.65		1.0
Common Stock	0.78	0.34	0.57	0.72	0.74	0.84	-0.4	0.5	0.68	0.72	0.24	0.68	0.9	0.99	0.29	0.55	0.4	0.94	0.75	0.84	0.8	0.21	0.2	0.64	1.0

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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	460.6M	304.2M
Short Long Term Debt Total	36.8M	26.5M	40.6M	35.3M	40.6M	42.7M
Other Current Liab	31.4M	32.9M	32.1M	21.1M	24.2M	26.1M
Total Current Liabilities	175.9M	153.4M	177.8M	187.5M	215.7M	118.8M
Total Stockholder Equity	307.9M	285.5M	227.7M	181.5M	208.7M	167.7M
Property Plant And Equipment Net	102.1M	91.8M	75.9M	69.3M	79.7M	54.0M
Net Debt	(63.3M)	(57.4M)	(11.8M)	(19.5M)	(17.5M)	(18.4M)
Retained Earnings	206.4M	175.2M	111.3M	58.9M	67.8M	85.9M
Cash	100.0M	83.9M	52.4M	54.8M	63.0M	33.7M
Non Current Assets Total	182.2M	176.3M	153.4M	138.2M	159.0M	109.0M
Non Currrent Assets Other	3.2M	8.9M	1.5M	36.7M	42.2M	44.3M
Cash And Short Term Investments	100.0M	83.9M	52.4M	54.8M	63.0M	33.7M
Net Receivables	164.6M	165.0M	167.4M	191.1M	219.8M	120.7M
Common Stock Shares Outstanding	26.6M	26.5M	26.7M	27.0M	31.0M	24.8M
Liabilities And Stockholders Equity	517.3M	467.6M	440.8M	400.5M	460.6M	304.2M
Non Current Liabilities Total	33.5M	28.6M	35.3M	31.5M	36.2M	18.4M
Inventory	6.5M	7.3M	10.0M	7.4M	8.6M	4.5M
Other Current Assets	4.5M	4.2M	12.9M	3.1M	3.6M	3.4M
Other Stockholder Equity	109.6M	116.8M	124.3M	131.1M	150.7M	86.5M
Total Liab	209.4M	182.0M	213.1M	219.0M	251.9M	136.7M
Property Plant And Equipment Gross	102.1M	91.8M	75.9M	69.3M	79.7M	54.0M
Total Current Assets	335.2M	291.2M	287.4M	262.3M	301.6M	195.2M
Accumulated Other Comprehensive Income	(8.4M)	(6.7M)	(8.2M)	(8.8M)	(10.1M)	(9.6M)
Intangible Assets	8.8M	6.6M	4.8M	3.1M	2.8M	2.6M
Accounts Payable	73.1M	60.9M	74.9M	76.4M	87.8M	55.7M
Other Assets	10.8M	17.3M	30.5M	36.7M	42.2M	44.3M
Good Will	60.4M	60.6M	42.1M	29.1M	33.5M	49.3M
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	98.3M	57.7M
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 Treasury Stock vs Net Debt Analysis

Treasury Stock vs Net Debt

Treasury Stock vs Net Debt Correlation Analysis

Correlation Coefficient

Treasury Stock

Net Debt

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

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Total Current Assets	+ 0.99	Total Assets
Common Stock Total Equity	+ 0.99	Common Stock Shares Outstanding
Common Stock	+ 0.99	Common Stock Shares Outstanding

Cash And Short Term Investments	- 0.8	Net Debt
Cash	- 0.8	Net Debt
Retained Earnings	- 0.71	Net Debt
Net Debt	- 0.69	Total Stockholder Equity
Total Current Assets	- 0.67	Net Debt
Net Debt	- 0.67	Other Current Liab