Mueller Total Liab vs Non Current Liabilities Total Analysis

MLI Stock  USD 58.27  0.81  1.37%   
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 Total Liab and its Non Current Liabilities 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.

Total Liab vs Non Current Liabilities Total

Total Liab vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mueller Industries Total Liab account and Non Current Liabilities Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Mueller Industries' Total Liab and Non Current Liabilities Total is 0.89. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Non Current Liabilities 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' Total Liab and Non Current Liabilities 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 Total Liab of Mueller Industries are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Total Liab i.e., Mueller Industries' Total Liab and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Non Current Liabilities 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 Profit830.4M1.1B944.8M992.1M
Total Revenue3.8B4.0B3.4B1.9B

Mueller Industries fundamental ratios Correlations

-0.460.490.50.970.61-0.80.450.840.55-0.270.870.520.1-0.440.54-0.07-0.47-0.070.890.97-0.510.990.450.90.58
-0.46-0.35-0.19-0.64-0.010.77-0.04-0.560.120.2-0.59-0.160.251.0-0.070.31-0.160.88-0.41-0.560.19-0.540.21-0.260.04
0.49-0.350.880.460.76-0.20.740.090.730.260.170.840.29-0.320.87-0.17-0.38-0.020.240.4-0.410.50.470.230.74
0.5-0.190.880.410.76-0.130.940.060.750.40.110.960.46-0.160.90.11-0.540.210.240.39-0.220.490.590.310.78
0.97-0.640.460.410.5-0.90.330.890.41-0.330.920.42-0.02-0.630.43-0.16-0.32-0.310.890.98-0.490.980.320.850.45
0.61-0.010.760.760.5-0.120.770.150.970.20.20.740.320.00.84-0.26-0.610.340.520.44-0.530.590.770.60.97
-0.80.77-0.2-0.13-0.9-0.12-0.01-0.96-0.020.44-0.96-0.140.190.77-0.090.090.040.59-0.79-0.90.26-0.820.0-0.68-0.06
0.45-0.040.740.940.330.77-0.01-0.020.80.390.020.950.49-0.010.870.16-0.630.350.210.31-0.280.440.730.360.82
0.84-0.560.090.060.890.15-0.96-0.020.07-0.490.990.09-0.15-0.550.070.01-0.12-0.360.860.93-0.260.840.080.780.1
0.550.120.730.750.410.97-0.020.80.070.160.120.740.390.140.86-0.14-0.650.440.410.36-0.560.520.860.550.96
-0.270.20.260.4-0.330.20.440.39-0.490.16-0.510.410.130.190.160.16-0.060.29-0.31-0.350.4-0.290.04-0.310.27
0.87-0.590.170.110.920.2-0.960.020.990.12-0.510.13-0.13-0.580.14-0.04-0.15-0.380.850.95-0.310.870.10.780.14
0.52-0.160.840.960.420.74-0.140.950.090.740.410.130.45-0.120.890.2-0.570.240.240.41-0.290.510.640.340.77
0.10.250.290.46-0.020.320.190.49-0.150.390.13-0.130.450.30.40.43-0.830.460.00.02-0.280.160.420.120.31
-0.441.0-0.32-0.16-0.630.00.77-0.01-0.550.140.19-0.58-0.120.3-0.030.36-0.20.89-0.41-0.530.14-0.510.22-0.260.05
0.54-0.070.870.90.430.84-0.090.870.070.860.160.140.890.4-0.030.03-0.580.30.280.41-0.50.520.730.390.83
-0.070.31-0.170.11-0.16-0.260.090.160.01-0.140.16-0.040.20.430.360.03-0.30.36-0.25-0.010.3-0.080.14-0.1-0.23
-0.47-0.16-0.38-0.54-0.32-0.610.04-0.63-0.12-0.65-0.06-0.15-0.57-0.83-0.2-0.58-0.3-0.48-0.35-0.350.49-0.51-0.67-0.52-0.57
-0.070.88-0.020.21-0.310.340.590.35-0.360.440.29-0.380.240.460.890.30.36-0.48-0.13-0.22-0.01-0.160.440.040.41
0.89-0.410.240.240.890.52-0.790.210.860.41-0.310.850.240.0-0.410.28-0.25-0.35-0.130.88-0.460.880.290.930.46
0.97-0.560.40.390.980.44-0.90.310.930.36-0.350.950.410.02-0.530.41-0.01-0.35-0.220.88-0.420.970.30.850.4
-0.510.19-0.41-0.22-0.49-0.530.26-0.28-0.26-0.560.4-0.31-0.29-0.280.14-0.50.30.49-0.01-0.46-0.42-0.55-0.48-0.54-0.49
0.99-0.540.50.490.980.59-0.820.440.840.52-0.290.870.510.16-0.510.52-0.08-0.51-0.160.880.97-0.550.440.890.55
0.450.210.470.590.320.770.00.730.080.860.040.10.640.420.220.730.14-0.670.440.290.3-0.480.440.570.76
0.9-0.260.230.310.850.6-0.680.360.780.55-0.310.780.340.12-0.260.39-0.1-0.520.040.930.85-0.540.890.570.56
0.580.040.740.780.450.97-0.060.820.10.960.270.140.770.310.050.83-0.23-0.570.410.460.4-0.490.550.760.56
Click cells to compare fundamentals

Mueller Industries Account Relationship Matchups

Mueller Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4B1.5B1.7B2.2B2.8B2.9B
Short Long Term Debt Total413.9M355.7M25.0M23.9M35.6M33.8M
Other Current Liab135.9M144.4M194.8M214.5M165.2M94.6M
Total Current Liabilities234.3M339.6M382.4M348.3M317.1M208.2M
Total Stockholder Equity643.5M776.7M1.2B1.8B2.3B2.5B
Property Plant And Equipment Net390.1M405.9M409.1M402.8M420.3M323.1M
Net Debt315.9M236.7M(62.9M)(437.2M)(1.1B)(1.1B)
Accounts Payable85.6M147.7M180.8M128M120.5M79.5M
Cash97.9M119.1M87.9M461.0M1.2B1.2B
Non Current Assets Total677.2M703.2M709.9M707.7M719.3M491.7M
Non Currrent Assets Other287.1M297.3M300.9M3.9M(28.8M)(27.4M)
Cash And Short Term Investments97.9M119.1M87.9M678.9M1.3B1.3B
Net Receivables269.9M357.5M471.9M380.4M351.6M233.5M
Common Stock Shares Outstanding112.7M112.8M113.6M113.1M113.7M99.7M
Liabilities And Stockholders Equity1.4B1.5B1.7B2.2B2.8B2.9B
Non Current Liabilities Total474.5M387.9M89.5M80.1M83.4M79.3M
Inventory292.1M315.0M430.2M448.9M380.2M223.6M
Other Current Assets33.8M33.8M29.0M26.5M35.9M25.9M
Other Stockholder Equity(191.6M)(188.9M)(183.8M)(205.5M)(211.2M)(200.7M)
Total Liab708.8M727.5M472.0M428.4M400.6M471.4M
Property Plant And Equipment Gross390.1M405.9M409.1M402.8M1.0B1.1B
Total Current Assets693.8M825.4M1.0B1.5B2.0B2.1B
Short Term Debt12.8M47.5M6.8M5.8M8.7M8.3M
Retained Earnings903.1M1.0B1.5B2.1B2.6B2.7B
Accumulated Other Comprehensive Income(68.8M)(54.9M)(53.3M)(64.2M)(47.2M)(44.9M)
Good Will153.3M167.8M171.3M157.6M151.8M137.3M
Intangible Assets60.1M77.2M61.7M54.8M46.2M68.5M
Other Liab73.4M79.7M71.4M62.0M71.3M69.7M
Other Assets25.4M297.3M300.9M304.9M350.6M368.2M
Long Term Debt378.7M286.6M1.1M1.2M185K175.8K
Treasury Stock(474.2M)(470.2M)(468.9M)(470.0M)(423.0M)(401.9M)
Property Plant Equipment363.1M376.6M409.1M402.8M463.3M345.2M
Short Term Investments48.4M38.0M0.0217.9M98.1M103.1M
Net Tangible Assets430.1M531.8M1.2B1.6B1.8B1.9B
Noncontrolling Interest In Consolidated Entity14.9M18.7M24.3M34.8M31.4M22.0M
Retained Earnings Total Equity824.7M903.1M1.0B1.5B1.7B1.0B
Capital Surpluse278.6M280.1M286.2M297.3M341.9M302.2M

Currently Active Assets on Macroaxis

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 Money Managers module to screen money managers from public funds and ETFs managed around the world.

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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.