Mueller Long Term Investments vs Long Term Debt Total Analysis
MLI Stock | USD 56.88 0.79 1.41% |
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 Long Term Investments and its Long Term Debt Total 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.
Long Term Investments vs Long Term Debt Total
Long Term Investments vs Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mueller Industries Long Term Investments account and Long Term Debt Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Mueller Industries' Long Term Investments and Long Term Debt Total is -0.4. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Long Term Debt Total 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' Long Term Investments and Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Mueller Industries are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Long Term Investments i.e., Mueller Industries' Long Term Investments and Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | -0.4 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Long Term Investments
Long Term Investments is an item on the asset side of Mueller Industries balance sheet that represents investments Mueller Industries intends to hold for over a year. Mueller Industries long term investments may include different instruments such as stocks, bonds, real estate and cash.Long Term Debt Total
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 |
Mueller Industries fundamental ratios Correlations
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Mueller Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
Mueller Industries Investors Sentiment
The influence of Mueller Industries' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Mueller. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Mueller Industries' public news can be used to forecast risks associated with an investment in Mueller. The trend in average sentiment can be used to explain how an investor holding Mueller can time the market purely based on public headlines and social activities around Mueller Industries. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Mueller Industries' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Mueller Industries' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Mueller Industries' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Mueller Industries.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Mueller Industries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Mueller Industries' short interest history, or implied volatility extrapolated from Mueller Industries options trading.
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Try AI Portfolio ArchitectCheck 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 Anywhere module to track or share privately all of your investments from the convenience of any device.
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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.