MasTec Net Income From Continuing Ops vs Selling And Marketing Expenses Analysis
| MTZ Stock | USD 107.33 0.88 0.83% |
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 Net Income From Continuing Ops and its Selling And Marketing Expenses 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 tightly coupled with the direction of predictive economic indicators such as signals in estimate.
Net Income From Continuing Ops vs Selling And Marketing Expenses
Net Income From Continuing Ops vs Selling And Marketing Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MasTec Inc Net Income From Continuing Ops account and Selling And Marketing Expenses. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between MasTec's Net Income From Continuing Ops and Selling And Marketing Expenses is -0.5. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Selling And Marketing Expenses 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 Net Income From Continuing Ops and Selling And Marketing Expenses 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 Income From Continuing Ops of MasTec Inc are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Net Income From Continuing Ops i.e., MasTec's Net Income From Continuing Ops and Selling And Marketing Expenses go up and down completely randomly.
Correlation Coefficient | -0.5 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Net Income From Continuing Ops
Selling And Marketing Expenses
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 tightly coupled 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 Profit | 1.1B | 1.2B | 786.8M | 826.2M | Total Revenue | 8.0B | 9.8B | 12.0B | 12.6B |
MasTec fundamental ratios Correlations
Click cells to compare fundamentals
MasTec Account Relationship Matchups
High Positive Relationship
High Negative Relationship
MasTec fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 5.0B | 5.2B | 7.1B | 9.3B | 9.8B | 10.2B | |
| Short Long Term Debt Total | 1.5B | 1.3B | 2.1B | 3.5B | 3.5B | 3.7B | |
| Other Current Liab | 277.9M | 398.0M | 574.2M | 711.5M | 798.6M | 838.6M | |
| Total Current Liabilities | 1.2B | 1.4B | 1.8B | 2.5B | 2.8B | 3.0B | |
| Total Stockholder Equity | 1.8B | 2.0B | 2.5B | 2.7B | 2.7B | 2.8B | |
| Property Plant And Equipment Net | 1.1B | 1.2B | 1.7B | 2.0B | 2.1B | 2.2B | |
| Net Debt | 1.4B | 851.0M | 1.7B | 3.1B | 3.0B | 3.1B | |
| Retained Earnings | 1.5B | 1.8B | 2.2B | 2.2B | 2.1B | 2.3B | |
| Cash | 71.4M | 423.1M | 360.7M | 370.6M | 529.6M | 556.0M | |
| Non Current Assets Total | 2.8B | 2.9B | 4.2B | 5.4B | 5.8B | 6.1B | |
| Non Currrent Assets Other | 254.7M | 282.9M | 360.1M | (571.0B) | 395.4M | 415.2M | |
| Cash And Short Term Investments | 71.4M | 423.1M | 360.7M | 370.6M | 529.6M | 556.0M | |
| Net Receivables | 1.9B | 1.8B | 2.2B | 3.1B | 3.1B | 3.3B | |
| Common Stock Shares Outstanding | 75.8M | 73.7M | 73.9M | 76.2M | 77.5M | 60.9M | |
| Liabilities And Stockholders Equity | 5.0B | 5.2B | 7.1B | 9.3B | 9.8B | 10.2B | |
| Non Current Liabilities Total | 2.0B | 1.8B | 2.8B | 4.1B | 4.2B | 4.4B | |
| Inventory | 100.1M | 89.6M | 92.6M | 118.0M | 108.1M | 113.6M | |
| Other Current Assets | 75.2M | 31.4M | 81.9M | 118.7M | 210.1M | 220.6M | |
| Other Stockholder Equity | 347.5M | 254.1M | 450.7M | 582.7M | 603.4M | 375.5M | |
| Total Liab | 3.2B | 3.2B | 4.6B | 6.6B | 7.0B | 7.4B | |
| Property Plant And Equipment Gross | 1.1B | 1.2B | 1.7B | 2.0B | 4.0B | 4.2B | |
| Total Current Assets | 2.2B | 2.4B | 2.9B | 3.9B | 4.0B | 4.2B | |
| Accumulated Other Comprehensive Income | (75.7M) | (91.4M) | (78.8M) | (51.0M) | (53.0M) | (55.6M) | |
| Short Term Debt | 200.0M | 217.6M | 233.3M | 268.4M | 315.0M | 330.8M | |
| Intangible Assets | 211.5M | 184.0M | 670.3M | 946.3M | 784.3M | 823.5M | |
| Accounts Payable | 535.0M | 571.3M | 663.1M | 1.1B | 1.2B | 1.3B | |
| Common Stock Total Equity | 9.2M | 9.3M | 9.5M | 9.9M | 11.3M | 8.1M | |
| Common Stock | 9.2M | 9.3M | 9.5M | 9.9M | 9.9M | 8.2M | |
| Other Liab | 517.6M | 533.0M | 740.3M | 809.8M | 931.3M | 977.8M | |
| Other Assets | 103K | 105K | (33K) | 41K | 36.9K | 35.1K | |
| Long Term Debt | 1.3B | 1.2B | 1.9B | 3.1B | 2.9B | 3.0B | |
| Property Plant Equipment | 905.8M | 982.3M | 1.7B | 2.0B | 2.3B | 2.5B | |
| Current Deferred Revenue | 206.2M | 228.4M | 314.0M | 406.2M | 481.0M | 505.0M | |
| Good Will | 1.2B | 1.2B | 1.5B | 2.0B | 2.1B | 2.2B | |
| Net Tangible Assets | 354.3M | 574.8M | 353.0M | (254.0M) | (292.1M) | (277.5M) | |
| Noncontrolling Interest In Consolidated Entity | 4.5M | 3.6M | 4.1M | 3.9M | 4.4M | 4.2M | |
| Retained Earnings Total Equity | 1.5B | 1.8B | 2.2B | 2.2B | 2.5B | 2.7B | |
| Long Term Debt Total | 1.3B | 1.2B | 1.9B | 3.1B | 3.5B | 3.7B |
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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 tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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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.
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Is MasTec'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 MasTec. If investors know MasTec 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 MasTec 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 (0.88) | Earnings Share (0.12) | Revenue Per Share 155.554 | Quarterly Revenue Growth 0.04 | Return On Assets 0.0157 |
The market value of MasTec Inc is measured differently than its book value, which is the value of MasTec that is recorded on the company's balance sheet. Investors also form their own opinion of MasTec's value that differs from its market value or its book value, called intrinsic value, which is MasTec'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 MasTec's market value can be influenced by many factors that don't directly affect MasTec'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 MasTec's value and its price as these two are different measures arrived at by different means. Investors typically determine if MasTec is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MasTec'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.