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Matson inc   (MATX)
Other Ticker:  
 
    Sector  Services    Industry Cruise and Shipping
   Industry Cruise and Shipping
   Sector  Services

Matson Inc 's Tangible Leverage Ratio

MATX's quarterly Tangible Leverage Ratio and Total Liabilities, Tangible Equity growth


Due to net new borrowing of 6.89%, Tangible Leverage Ratio fell to 0.44, below the Matson Inc 's average Tangible Leverage Ratio.

Within Cruise and Shipping industry in the second quarter 2024 only one company has achieved lower Tangible Leverage Ratio than Matson Inc during the second quarter 2024. While Tangible Leverage Ratio total ranking has improved so far in the second quarter 2024 to 500, from total ranking in the first quarter 2024 at 582 .

Explain Tangible Leverage Ratio?
What is MATX Market Share?
What are MATX´s Total Liabilities?


MATX Tangible Leverage Ratio (Jun 30 2024)
II. Quarter
(Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
Y / Y Tangible Equity Change 6.96 % 6.79 % 5.7 % 4.96 % 9.07 %
Y / Y Total Liabilities Change 0.19 % -5.06 % -5.87 % -7.93 % -26.18 %
Tangible Leverage Ratio MRQ 0.44 0.42 0.43 0.45 0.47
MATX's Total Ranking # 500 # 582 # 687 # 1013 # 1114
Seq. Tangible Equity Change 1.5 % -1.21 % 0.79 % 5.84 % 1.33 %
Seq. Total Liabilities Change 6.89 % -4.5 % -3.17 % 1.37 % 1.28 %



Tangible Leverage Ratio second quarter 2024 Company Ranking
Within: No.
Cruise and Shipping Industry # 2
Services Sector # 33
Overall Market # 500


Tangible Leverage Ratio Statistics
High Average Low
29.8 5.19 0.42
(Sep 30 2015)   (Mar 31 2024)




Financial Statements
Matson Inc 's Tangible Equity $ 1,902 Millions Visit MATX's Balance sheet
Matson Inc 's Total Liabilities $ 832 Millions Visit MATX's Balance sheet
Source of MATX's Sales Visit MATX's Sales by Geography


Cumulative Matson Inc 's Tangible Leverage Ratio

MATX's Tangible Leverage Ratio for the trailling 12 Months

MATX Tangible Leverage Ratio

(Jun 30 2024)
II. Quarter
(Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
Y / Y Tangible Equity TTM Growth 6.96 % 6.79 % 5.7 % 4.96 % 9.07 %
Y / Y Total Liabilities TTM Growth 0.19 % -5.06 % -5.87 % -7.93 % -26.18 %
Tangible Leverage Ratio TTM 0.43 0.44 0.45 0.47 0.48
Total Ranking TTM # 20 # 28 # 27 # 50 # 8
Seq. Tangible Equity TTM Growth 1.5 % -1.21 % 0.79 % 5.84 % 1.33 %
Seq. Total Liabilities TTM Growth 6.89 % -4.5 % -3.17 % 1.37 % 1.28 %


On the trailing twelve months basis Despite of the net new borrowing of 6.89% during the twelve months period ending in II Quarter 2024 Matson Inc has managed to decrease Tangible Leverage Ratio in the II Quarter 2024 to 0.43, below Matson Inc 's average Tangible Leverage Ratio.
Tangible Leverage Ratio is the average cumulative value over the last four quarters.

Among companies in the Cruise and Shipping industry MATX recorded the lowest Tangible Leverage Ratio. While Tangible Leverage Ratio total ranking has improved so far to 20, from total ranking in previous 12 month period at 28.

Explain Tangible Leverage Ratio?
What is MATX Market Share?
What are MATX´s Total Liabilities?

TTM Tangible Leverage Ratio Company Ranking
Within: No.
Within the Cruise and Shipping Industry # 0
Services Sector # 2
Within the Market # 20


trailing twelve months Tangible Leverage Ratio Statistics
High Average Low
1.51 0.48 0.04
(Dec 31 2017)  




Companies with similar Tangible Leverage Ratio in the quarter ending Jun 30 2024, within Cruise and Shipping Industry Tangible Leverage RatioJun 30 2024 MRQ Total LiabilitiesJun 30 2024 MRQ Tangible Equity
Tidewater Inc  0.88 $ 945.962  Millions$ 1,078.987  Millions
Matson inc   0.44 $ 831.800  Millions$ 1,901.600  Millions
International Seaways Inc   0.42 $ 787.234  Millions$ 1,887.436  Millions

Date modified: 2024-09-07T16:43:52+00:00



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