Mueller Non Currrent Assets Other vs Net 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 Non Currrent Assets Other and its Net 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.
Non Currrent Assets Other vs Net Debt
Non Currrent Assets Other vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mueller Industries Non Currrent Assets Other account and Net Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Mueller Industries' Non Currrent Assets Other and Net Debt is 0.44. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Net 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' Non Currrent Assets Other and Net 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 Non Currrent Assets Other of Mueller Industries are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Non Currrent Assets Other i.e., Mueller Industries' Non Currrent Assets Other and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.44 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.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 |
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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: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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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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.