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

Matson Inc 's Working Capital Ratio

MATX's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


In the wake of the increase in Current Liabilities in the second quarter 2024, Working Capital Ratio fell to 1.18 below Matson Inc average.

Within Cruise and Shipping industry only one company has achieved higher Working Capital Ratio in second quarter 2024. While Working Capital Ratio total ranking has improved so far during the II Quarter 2024 to 2218, from total ranking in the first quarter 2024 at 2348.

Explain Working Capital Ratio
How much in Current Assets MATX´s has?
What is the value of MATX´s Current Liabilities?


MATX Working Capital 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 Current Liabilities Change 9.51 % -0.75 % -2.83 % -2.19 % -12.09 %
Y / Y Current Assets Change -5.47 % -9.65 % -20.71 % -27.3 % -48.07 %
Working Capital Ratio MRQ 1.18 1.28 1.42 1.44 1.37
MATX's Total Ranking # 2218 # 2348 # 2376 # 3158 # 3440
Seq. Current Liabilities Change 15.8 % -6.3 % -3.91 % 5.03 % 4.95 %
Seq. Current Assets Change 6.68 % -14.99 % -5.27 % 10.04 % 1.96 %



Working Capital Ratio second quarter 2024 Company Ranking
Within: No.
Cruise and Shipping Industry # 2
Services Sector # 238
Overall Market # 2216


Working Capital Ratio Statistics
High Average Low
2.48 1.25 0.7
(Mar 31 2015)   (Dec 31 2020)




Financial Statements
Matson Inc 's Current Liabilities $ 462 Millions Visit MATX's Balance sheet
Matson Inc 's Current Assets $ 546 Millions Visit MATX's Balance sheet
Source of MATX's Sales Visit MATX's Sales by Geography


Cumulative Matson Inc 's Working Capital Ratio

MATX's Working Capital Ratio for the trailling 12 Months

MATX Working Capital 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 Current Liabilities TTM Growth 9.51 % -0.75 % -2.83 % -2.19 % -12.09 %
Y / Y Current Assets TTM Growth -5.47 % -9.65 % -20.71 % -27.3 % -48.07 %
Working Capital Ratio TTM 1.33 1.38 1.41 1.49 1.62
Total Ranking TTM # 1686 # 1890 # 1826 # 762 # 4041
Seq. Current Liabilities TTM Growth 15.8 % -6.3 % -3.91 % 5.03 % 4.95 %
Seq. Current Assets TTM Growth 6.68 % -14.99 % -5.27 % 10.04 % 1.96 %


On the trailing twelve months basis Due to increase in Current Liabilities in the II Quarter 2024 to $461.80 millions, cumulative Working Capital Ratio decreased to 1.33 above the MATX average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Cruise and Shipping industry just one company has achieved higher Working Capital Ratio during the twelve months ending in the Jun 30 2024. While Working Capital Ratio overall ranking has improved so far to 1686, from total ranking during the twelve months ending first quarter 2024 at 1890.

Explain Working Capital Ratio
How much in Current Assets MATX´s has?
What is the value of MATX´s Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Cruise and Shipping Industry # 2
Services Sector # 186
Within the Market # 1686


trailing twelve months Working Capital Ratio Statistics
High Average Low
2.31 1.21 0.61
(March 31, 2015)   (Mar 31 2021)




Companies with similar Working Capital Ratio in the quarter ending Jun 30 2024, within Cruise and Shipping Industry Working Capital RatioJun 30 2024 MRQ Current AssetsJun 30 2024 MRQ Current Liabilities
Tidewater Inc  1.90 $ 646.945  Millions$ 340.224  Millions
Matson inc   1.18 $ 546.200  Millions$ 461.800  Millions
Royal Caribbean Cruises Ltd  0.53 $ 1,886.000  Millions$ 3,585.000  Millions
Carnival Corporation  0.28 $ 3,768.000  Millions$ 13,385.000  Millions
Norwegian Cruise Line Holdings ltd   0.24 $ 1,582.342  Millions$ 6,633.916  Millions

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



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