Martin Current Ratio from 2010 to 2024
| MLM Stock | USD 552.72 1.85 0.34% |
Current Ratio | First Reported 2010-12-31 | Previous Quarter 3.34891472 | Current Value 2.1 | Quarterly Volatility 0.85477832 |
Check Martin Marietta financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Martin Marietta's main balance sheet or income statement drivers, such as Depreciation And Amortization of 532.7 M, Interest Expense of 179.1 M or Total Revenue of 7.1 B, as well as many indicators such as Price To Sales Ratio of 4.78, Dividend Yield of 0.0054 or PTB Ratio of 2.31. Martin financial statements analysis is a perfect complement when working with Martin Marietta Valuation or Volatility modules.
Martin | Current Ratio |
Latest Martin Marietta's Current Ratio Growth Pattern
Below is the plot of the Current Ratio of Martin Marietta Materials over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Martin Marietta's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Martin Marietta's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 2.01 X | 10 Years Trend |
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Current Ratio |
| Timeline |
Martin Current Ratio Regression Statistics
| Arithmetic Mean | 2.84 | |
| Geometric Mean | 2.71 | |
| Coefficient Of Variation | 30.09 | |
| Mean Deviation | 0.77 | |
| Median | 3.25 | |
| Standard Deviation | 0.85 | |
| Sample Variance | 0.73 | |
| Range | 2.3401 | |
| R-Value | (0.48) | |
| Mean Square Error | 0.60 | |
| R-Squared | 0.23 | |
| Significance | 0.07 | |
| Slope | (0.09) | |
| Total Sum of Squares | 10.23 |
Martin Current Ratio History
About Martin Marietta Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Martin Marietta income statement, its balance sheet, and the statement of cash flows. Martin Marietta investors use historical funamental indicators, such as Martin Marietta's Current Ratio, to determine how well the company is positioned to perform in the future. Although Martin Marietta investors may use each financial statement separately, they are all related. The changes in Martin Marietta's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Martin Marietta's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Martin Marietta Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Martin Marietta. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Current Ratio | 3.35 | 2.10 |
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Additional Information and Resources on Investing in Martin Stock
When determining whether Martin Marietta Materials is a strong investment it is important to analyze Martin Marietta'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 Martin Marietta's future performance. For an informed investment choice regarding Martin Stock, refer to the following important reports:Check out the analysis of Martin Marietta Correlation against competitors. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Construction Materials space 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 Martin Marietta. If investors know Martin 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 Martin Marietta 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 7.658 | Dividend Share 2.88 | Earnings Share 34.04 | Revenue Per Share 107.953 | Quarterly Revenue Growth (0.08) |
The market value of Martin Marietta Materials is measured differently than its book value, which is the value of Martin that is recorded on the company's balance sheet. Investors also form their own opinion of Martin Marietta's value that differs from its market value or its book value, called intrinsic value, which is Martin Marietta'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 Martin Marietta's market value can be influenced by many factors that don't directly affect Martin Marietta'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 Martin Marietta's value and its price as these two are different measures arrived at by different means. Investors typically determine if Martin Marietta is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Martin Marietta'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.