Mueller Cash And Short Term Investments vs Short Term Debt Analysis

MLI Stock

USD 57.51 0.76 1.30%

Mueller Industries financial indicator trend analysis is infinitely more than just investigating Mueller Industries recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mueller Industries is a good investment. Please check the relationship between Mueller Industries Cash And Short Term Investments and its Short Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mueller Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more detail on how to invest in Mueller Stock please use our How to Invest in Mueller Industries guide.

Cash And Short Term Investments vs Short Term Debt

Cash And Short Term Investments vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mueller Industries Cash And Short Term Investments account and Short Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Mueller Industries' Cash And Short Term Investments and Short Term Debt is -0.31. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Mueller Industries, assuming nothing else is changed. The correlation between historical values of Mueller Industries' Cash And Short Term Investments and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Mueller Industries are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Cash And Short Term Investments i.e., Mueller Industries' Cash And Short Term Investments and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.31

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Mueller Industries balance sheet. This account contains Mueller Industries investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Mueller Industries fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Short Term Debt

Most indicators from Mueller Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mueller Industries 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 Mueller Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more detail on how to invest in Mueller Stock please use our How to Invest in Mueller Industries guide.As of now, Mueller Industries' Tax Provision is increasing as compared to previous years. The Mueller Industries' current Sales General And Administrative To Revenue is estimated to increase to 0.07, while Selling General Administrative is projected to decrease to under 133.2 M.

	2021	2022	2023	2024 (projected)
Gross Profit	830.4M	1.1B	944.8M	992.1M
Total Revenue	3.8B	4.0B	3.4B	1.9B

Gross Profit Total Revenue

Mueller Industries fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Retained Earnings	Common Stock Total Equity	Common Stock	Good Will
Total Assets		-0.46	0.49	0.5	0.97	0.61	-0.8	0.45	0.84	0.55	-0.27	0.87	0.52	0.1	-0.44	0.54	-0.07	-0.47	-0.07	0.89	0.97	-0.51	0.99	0.45	0.9	0.58
Short Long Term Debt Total	-0.46		-0.35	-0.19	-0.64	-0.01	0.77	-0.04	-0.56	0.12	0.2	-0.59	-0.16	0.25	1.0	-0.07	0.31	-0.16	0.88	-0.41	-0.56	0.19	-0.54	0.21	-0.26	0.04
Other Current Liab	0.49	-0.35		0.88	0.46	0.76	-0.2	0.74	0.09	0.73	0.26	0.17	0.84	0.29	-0.32	0.87	-0.17	-0.38	-0.02	0.24	0.4	-0.41	0.5	0.47	0.23	0.74
Total Current Liabilities	0.5	-0.19	0.88		0.41	0.76	-0.13	0.94	0.06	0.75	0.4	0.11	0.96	0.46	-0.16	0.9	0.11	-0.54	0.21	0.24	0.39	-0.22	0.49	0.59	0.31	0.78
Total Stockholder Equity	0.97	-0.64	0.46	0.41		0.5	-0.9	0.33	0.89	0.41	-0.33	0.92	0.42	-0.02	-0.63	0.43	-0.16	-0.32	-0.31	0.89	0.98	-0.49	0.98	0.32	0.85	0.45
Property Plant And Equipment Net	0.61	-0.01	0.76	0.76	0.5		-0.12	0.77	0.15	0.97	0.2	0.2	0.74	0.32	0.0	0.84	-0.26	-0.61	0.34	0.52	0.44	-0.53	0.59	0.77	0.6	0.97
Net Debt	-0.8	0.77	-0.2	-0.13	-0.9	-0.12		-0.01	-0.96	-0.02	0.44	-0.96	-0.14	0.19	0.77	-0.09	0.09	0.04	0.59	-0.79	-0.9	0.26	-0.82	0.0	-0.68	-0.06
Accounts Payable	0.45	-0.04	0.74	0.94	0.33	0.77	-0.01		-0.02	0.8	0.39	0.02	0.95	0.49	-0.01	0.87	0.16	-0.63	0.35	0.21	0.31	-0.28	0.44	0.73	0.36	0.82
Cash	0.84	-0.56	0.09	0.06	0.89	0.15	-0.96	-0.02		0.07	-0.49	0.99	0.09	-0.15	-0.55	0.07	0.01	-0.12	-0.36	0.86	0.93	-0.26	0.84	0.08	0.78	0.1
Non Current Assets Total	0.55	0.12	0.73	0.75	0.41	0.97	-0.02	0.8	0.07		0.16	0.12	0.74	0.39	0.14	0.86	-0.14	-0.65	0.44	0.41	0.36	-0.56	0.52	0.86	0.55	0.96
Non Currrent Assets Other	-0.27	0.2	0.26	0.4	-0.33	0.2	0.44	0.39	-0.49	0.16		-0.51	0.41	0.13	0.19	0.16	0.16	-0.06	0.29	-0.31	-0.35	0.4	-0.29	0.04	-0.31	0.27
Cash And Short Term Investments	0.87	-0.59	0.17	0.11	0.92	0.2	-0.96	0.02	0.99	0.12	-0.51		0.13	-0.13	-0.58	0.14	-0.04	-0.15	-0.38	0.85	0.95	-0.31	0.87	0.1	0.78	0.14
Net Receivables	0.52	-0.16	0.84	0.96	0.42	0.74	-0.14	0.95	0.09	0.74	0.41	0.13		0.45	-0.12	0.89	0.2	-0.57	0.24	0.24	0.41	-0.29	0.51	0.64	0.34	0.77
Common Stock Shares Outstanding	0.1	0.25	0.29	0.46	-0.02	0.32	0.19	0.49	-0.15	0.39	0.13	-0.13	0.45		0.3	0.4	0.43	-0.83	0.46	0.0	0.02	-0.28	0.16	0.42	0.12	0.31
Non Current Liabilities Total	-0.44	1.0	-0.32	-0.16	-0.63	0.0	0.77	-0.01	-0.55	0.14	0.19	-0.58	-0.12	0.3		-0.03	0.36	-0.2	0.89	-0.41	-0.53	0.14	-0.51	0.22	-0.26	0.05
Inventory	0.54	-0.07	0.87	0.9	0.43	0.84	-0.09	0.87	0.07	0.86	0.16	0.14	0.89	0.4	-0.03		0.03	-0.58	0.3	0.28	0.41	-0.5	0.52	0.73	0.39	0.83
Other Current Assets	-0.07	0.31	-0.17	0.11	-0.16	-0.26	0.09	0.16	0.01	-0.14	0.16	-0.04	0.2	0.43	0.36	0.03		-0.3	0.36	-0.25	-0.01	0.3	-0.08	0.14	-0.1	-0.23
Other Stockholder Equity	-0.47	-0.16	-0.38	-0.54	-0.32	-0.61	0.04	-0.63	-0.12	-0.65	-0.06	-0.15	-0.57	-0.83	-0.2	-0.58	-0.3		-0.48	-0.35	-0.35	0.49	-0.51	-0.67	-0.52	-0.57
Total Liab	-0.07	0.88	-0.02	0.21	-0.31	0.34	0.59	0.35	-0.36	0.44	0.29	-0.38	0.24	0.46	0.89	0.3	0.36	-0.48		-0.13	-0.22	-0.01	-0.16	0.44	0.04	0.41
Property Plant And Equipment Gross	0.89	-0.41	0.24	0.24	0.89	0.52	-0.79	0.21	0.86	0.41	-0.31	0.85	0.24	0.0	-0.41	0.28	-0.25	-0.35	-0.13		0.88	-0.46	0.88	0.29	0.93	0.46
Total Current Assets	0.97	-0.56	0.4	0.39	0.98	0.44	-0.9	0.31	0.93	0.36	-0.35	0.95	0.41	0.02	-0.53	0.41	-0.01	-0.35	-0.22	0.88		-0.42	0.97	0.3	0.85	0.4
Short Term Debt	-0.51	0.19	-0.41	-0.22	-0.49	-0.53	0.26	-0.28	-0.26	-0.56	0.4	-0.31	-0.29	-0.28	0.14	-0.5	0.3	0.49	-0.01	-0.46	-0.42		-0.55	-0.48	-0.54	-0.49
Retained Earnings	0.99	-0.54	0.5	0.49	0.98	0.59	-0.82	0.44	0.84	0.52	-0.29	0.87	0.51	0.16	-0.51	0.52	-0.08	-0.51	-0.16	0.88	0.97	-0.55		0.44	0.89	0.55
Common Stock Total Equity	0.45	0.21	0.47	0.59	0.32	0.77	0.0	0.73	0.08	0.86	0.04	0.1	0.64	0.42	0.22	0.73	0.14	-0.67	0.44	0.29	0.3	-0.48	0.44		0.57	0.76
Common Stock	0.9	-0.26	0.23	0.31	0.85	0.6	-0.68	0.36	0.78	0.55	-0.31	0.78	0.34	0.12	-0.26	0.39	-0.1	-0.52	0.04	0.93	0.85	-0.54	0.89	0.57		0.56
Good Will	0.58	0.04	0.74	0.78	0.45	0.97	-0.06	0.82	0.1	0.96	0.27	0.14	0.77	0.31	0.05	0.83	-0.23	-0.57	0.41	0.46	0.4	-0.49	0.55	0.76	0.56

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Mueller Industries Account Relationship Matchups

Mueller Industries fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.4B	1.5B	1.7B	2.2B	2.8B	2.9B
Short Long Term Debt Total	413.9M	355.7M	25.0M	23.9M	35.6M	33.8M
Other Current Liab	135.9M	144.4M	194.8M	214.5M	165.2M	94.6M
Total Current Liabilities	234.3M	339.6M	382.4M	348.3M	317.1M	208.2M
Total Stockholder Equity	643.5M	776.7M	1.2B	1.8B	2.3B	2.5B
Property Plant And Equipment Net	390.1M	405.9M	409.1M	402.8M	420.3M	323.1M
Net Debt	315.9M	236.7M	(62.9M)	(437.2M)	(1.1B)	(1.1B)
Accounts Payable	85.6M	147.7M	180.8M	128M	120.5M	79.5M
Cash	97.9M	119.1M	87.9M	461.0M	1.2B	1.2B
Non Current Assets Total	677.2M	703.2M	709.9M	707.7M	719.3M	491.7M
Non Currrent Assets Other	287.1M	297.3M	300.9M	3.9M	(28.8M)	(27.4M)
Cash And Short Term Investments	97.9M	119.1M	87.9M	678.9M	1.3B	1.3B
Net Receivables	269.9M	357.5M	471.9M	380.4M	351.6M	233.5M
Common Stock Shares Outstanding	112.7M	112.8M	113.6M	113.1M	113.7M	99.7M
Liabilities And Stockholders Equity	1.4B	1.5B	1.7B	2.2B	2.8B	2.9B
Non Current Liabilities Total	474.5M	387.9M	89.5M	80.1M	83.4M	79.3M
Inventory	292.1M	315.0M	430.2M	448.9M	380.2M	223.6M
Other Current Assets	33.8M	33.8M	29.0M	26.5M	35.9M	25.9M
Other Stockholder Equity	(191.6M)	(188.9M)	(183.8M)	(205.5M)	(211.2M)	(200.7M)
Total Liab	708.8M	727.5M	472.0M	428.4M	400.6M	471.4M
Property Plant And Equipment Gross	390.1M	405.9M	409.1M	402.8M	1.0B	1.1B
Total Current Assets	693.8M	825.4M	1.0B	1.5B	2.0B	2.1B
Short Term Debt	12.8M	47.5M	6.8M	5.8M	8.7M	8.3M
Retained Earnings	903.1M	1.0B	1.5B	2.1B	2.6B	2.7B
Accumulated Other Comprehensive Income	(68.8M)	(54.9M)	(53.3M)	(64.2M)	(47.2M)	(44.9M)
Good Will	153.3M	167.8M	171.3M	157.6M	151.8M	137.3M
Intangible Assets	60.1M	77.2M	61.7M	54.8M	46.2M	68.5M
Other Liab	73.4M	79.7M	71.4M	62.0M	71.3M	69.7M
Other Assets	25.4M	297.3M	300.9M	304.9M	350.6M	368.2M
Long Term Debt	378.7M	286.6M	1.1M	1.2M	185K	175.8K
Treasury Stock	(474.2M)	(470.2M)	(468.9M)	(470.0M)	(423.0M)	(401.9M)
Property Plant Equipment	363.1M	376.6M	409.1M	402.8M	463.3M	345.2M
Short Term Investments	48.4M	38.0M	0.0	217.9M	98.1M	103.1M
Net Tangible Assets	430.1M	531.8M	1.2B	1.6B	1.8B	1.9B
Noncontrolling Interest In Consolidated Entity	14.9M	18.7M	24.3M	34.8M	31.4M	22.0M
Retained Earnings Total Equity	824.7M	903.1M	1.0B	1.5B	1.7B	1.0B
Capital Surpluse	278.6M	280.1M	286.2M	297.3M	341.9M	302.2M

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When determining whether Mueller Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mueller Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mueller Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mueller Industries Stock:

How To Invest In Mueller

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Is Mueller Stock a good investment?

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What is Mueller Industries' Net Worth?

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mueller Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more detail on how to invest in Mueller Stock please use our How to Invest in Mueller Industries guide.

You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

Complementary Tools for Mueller Stock analysis

When running Mueller Industries' price analysis, check to measure Mueller Industries' 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 Mueller Industries is operating at the current time. Most of Mueller Industries' value examination focuses on studying past and present price action to predict the probability of Mueller Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mueller Industries' price. Additionally, you may evaluate how the addition of Mueller Industries to your portfolios can decrease your overall portfolio volatility.

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Is Mueller Industries' 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 Mueller Industries. If investors know Mueller 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 Mueller Industries 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

(0.21)

Dividend Share

0.65

Earnings Share

4.97

Revenue Per Share

29.605

Quarterly Revenue Growth

(0.12)

The market value of Mueller Industries is measured differently than its book value, which is the value of Mueller that is recorded on the company's balance sheet. Investors also form their own opinion of Mueller Industries' value that differs from its market value or its book value, called intrinsic value, which is Mueller Industries' 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 Mueller Industries' market value can be influenced by many factors that don't directly affect Mueller Industries' 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 Mueller Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mueller Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mueller Industries' 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.

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Mueller Cash And Short Term Investments vs Short Term Debt Analysis

Cash And Short Term Investments vs Short Term Debt

Cash And Short Term Investments vs Short Term Debt Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Short Term Debt

Mueller Industries fundamental ratios Correlations

Mueller Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Mueller Industries fundamental ratios Accounts

Currently Active Assets on Macroaxis

Complementary Tools for Mueller Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Retained Earnings	+ 0.99	Total Assets
Cash And Short Term Investments	+ 0.99	Cash
Total Current Assets	+ 0.98	Total Stockholder Equity
Retained Earnings	+ 0.98	Total Stockholder Equity
Total Stockholder Equity	+ 0.97	Total Assets

Cash And Short Term Investments	- 0.96	Net Debt
Cash	- 0.96	Net Debt
Total Current Assets	- 0.9	Net Debt
Net Debt	- 0.9	Total Stockholder Equity
Other Stockholder Equity	- 0.83	Common Stock Shares Outstanding
Retained Earnings	- 0.82	Net Debt