MRC Global Working Capital vs. Price to Earning
| MRC Stock | USD 11.67 0.38 3.15% |
Working Capital | First Reported 2010-12-31 | Previous Quarter 0.0 | Current Value 0.0 | Quarterly Volatility 0.0 |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.14 | 0.2022 |
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For MRC Global profitability analysis, we use financial ratios and fundamental drivers that measure the ability of MRC Global to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well MRC Global utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between MRC Global's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of MRC Global over time as well as its relative position and ranking within its peers.
MRC |
Is MRC Global'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 MRC Global. If investors know MRC 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 MRC Global 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 (0.05) | Earnings Share 1.05 | Revenue Per Share 40.523 | Quarterly Revenue Growth (0.12) | Return On Assets 0.0618 |
The market value of MRC Global is measured differently than its book value, which is the value of MRC that is recorded on the company's balance sheet. Investors also form their own opinion of MRC Global's value that differs from its market value or its book value, called intrinsic value, which is MRC Global'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 MRC Global's market value can be influenced by many factors that don't directly affect MRC Global'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 MRC Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if MRC Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MRC Global'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.
MRC Global Price to Earning vs. Working Capital Fundamental Analysis
MRC Price to Earning vs. Working Capital
Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
MRC Global |
| = | 372 M |
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
MRC Global | = | null |
Use MRC Global in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MRC Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MRC Global will appreciate offsetting losses from the drop in the long position's value.MRC Global Pair Trading
MRC Global Pair Trading Analysis
The ability to find closely correlated positions to MRC Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MRC Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MRC Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MRC Global to buy it.
The correlation of MRC Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MRC Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MRC Global moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for MRC Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your MRC Global position
In addition to having MRC Global in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Baby Boomer Prospects Thematic Idea Now
Baby Boomer Prospects
Equities with large market capitalization that account for significant contribution to overall economic growth especially within dividend-paying instruments and stocks from healthcare and financial sectors. The Baby Boomer Prospects theme has 99 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Baby Boomer Prospects Theme or any other thematic opportunities.
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Check out Correlation Analysis. For information on how to trade MRC Stock refer to our How to Trade MRC Stock guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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When running MRC Global's price analysis, check to measure MRC Global'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 MRC Global is operating at the current time. Most of MRC Global's value examination focuses on studying past and present price action to predict the probability of MRC Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MRC Global's price. Additionally, you may evaluate how the addition of MRC Global to your portfolios can decrease your overall portfolio volatility.
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To fully project MRC Global's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of MRC Global at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include MRC Global's income statement, its balance sheet, and the statement of cash flows.