MPLX Good Will vs Long Term Investments Analysis
MPLX Stock | USD 40.21 0.03 0.07% |
MPLX LP financial indicator trend analysis is infinitely more than just investigating MPLX LP recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MPLX LP is a good investment. Please check the relationship between MPLX LP Good Will and its Long Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MPLX LP. 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 information on how to buy MPLX Stock please use our How to Invest in MPLX LP guide.
Good Will vs Long Term Investments
Good Will vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MPLX LP Good Will account and Long Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between MPLX LP's Good Will and Long Term Investments is 0.84. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of MPLX LP, assuming nothing else is changed. The correlation between historical values of MPLX LP's Good Will and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of MPLX LP are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Good Will i.e., MPLX LP's Good Will and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Long Term Investments
Long Term Investments is an item on the asset side of MPLX LP balance sheet that represents investments MPLX LP intends to hold for over a year. MPLX LP long term investments may include different instruments such as stocks, bonds, real estate and cash.Most indicators from MPLX LP's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MPLX LP 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 MPLX LP. 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 information on how to buy MPLX Stock please use our How to Invest in MPLX LP guide.At this time, MPLX LP's Tax Provision is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 20.39 in 2024, whereas Selling General Administrative is likely to drop slightly above 227.5 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 4.1B | 4.3B | 4.8B | 5.1B | Total Revenue | 9.6B | 10.5B | 10.7B | 11.2B |
MPLX LP fundamental ratios Correlations
Click cells to compare fundamentals
MPLX LP Account Relationship Matchups
MPLX LP fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 40.4B | 36.4B | 35.5B | 35.7B | 36.5B | 20.8B | |
Other Current Liab | 1.8B | 1.0B | 2.5B | 1.1B | 1.2B | 612.8M | |
Total Current Liabilities | 2.1B | 2.1B | 3.3B | 2.4B | 2.6B | 1.3B | |
Total Stockholder Equity | 16.6B | 13.0B | 12.1B | 12.5B | 13.3B | 8.6B | |
Other Liab | 481M | 495M | 637M | 484M | 556.6M | 301.1M | |
Accounts Payable | 242M | 152M | 172M | 224M | 153M | 128.6M | |
Other Assets | 123M | 489M | 35.5B | 35.7B | 36.5B | 38.4B | |
Long Term Debt | 19.7B | 19.4B | 18.1B | 18.8B | 19.3B | 9.9B | |
Good Will | 2.6B | 9.5B | 7.7B | 7.6B | 8.8B | 9.2B | |
Common Stock Shares Outstanding | 907M | 1.1B | 1.0B | 1.0B | 1.0B | 540.4M | |
Inventory | 110M | 118M | 142M | 148M | 159M | 167.0M | |
Other Current Assets | 110M | 65M | 54M | 53M | 39M | 39.7M | |
Total Liab | 23.8B | 23.4B | 23.5B | 23.1B | 22.9B | 12.3B | |
Intangible Assets | 1.3B | 959M | 831M | 705M | 654M | 537.2M | |
Property Plant Equipment | 22.1B | 21.2B | 20.0B | 19.4B | 22.3B | 11.4B | |
Short Long Term Debt Total | 20.3B | 20.7B | 19.1B | 20.3B | 20.9B | 11.2B | |
Property Plant And Equipment Net | 22.7B | 21.8B | 20.5B | 19.4B | 19.8B | 13.1B | |
Current Deferred Revenue | 59M | 97M | 77M | 80M | 81M | 55.9M | |
Net Debt | 20.3B | 20.7B | 19.1B | 20.1B | 19.9B | 11.0B | |
Non Current Assets Total | 38.9B | 34.9B | 34B | 33.8B | 33.7B | 21.3B | |
Non Currrent Assets Other | 59M | 71M | 107M | 1.9B | 1.1B | 1.2B | |
Net Receivables | 1.2B | 1.1B | 1.3B | 1.5B | 1.6B | 1.6B | |
Liabilities And Stockholders Equity | 40.4B | 36.4B | 35.5B | 35.7B | 36.5B | 22.4B | |
Non Current Liabilities Total | 21.7B | 21.3B | 19.1B | 19.8B | 20.3B | 11.6B | |
Other Stockholder Equity | 16.6B | 13.0B | 12.1B | 12.6B | 12.5B | 13.1B | |
Total Current Assets | 1.5B | 1.5B | 1.5B | 1.9B | 2.8B | 2.9B | |
Short Term Debt | 67M | 828M | 559M | 1.0B | 1.2B | 1.2B | |
Retained Earnings | (17.3B) | (13.8B) | (12.8B) | (13.3B) | (12.5B) | (11.8B) | |
Deferred Long Term Liab | 421M | 441M | 170M | 142M | 163.3M | 254.9M | |
Common Stock | 15.8B | 12.2B | 11.2B | 11.7B | 12.5B | 9.3B | |
Net Tangible Assets | 6.8B | 5.4B | 3.3B | 5.9B | 6.7B | 5.6B | |
Long Term Debt Total | 19.7B | 19.4B | 18.1B | 18.8B | 21.6B | 11.7B | |
Long Term Investments | 5.3B | 4.0B | 5.1B | 5.3B | 3.7B | 4.5B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether MPLX LP offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MPLX LP's 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 Mplx Lp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mplx Lp Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MPLX LP. 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 information on how to buy MPLX Stock please use our How to Invest in MPLX LP guide.You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
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Is MPLX LP'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 MPLX LP. If investors know MPLX 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 MPLX LP 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 0.083 | Dividend Share 3.325 | Earnings Share 3.87 | Revenue Per Share 10.761 | Quarterly Revenue Growth 0.043 |
The market value of MPLX LP is measured differently than its book value, which is the value of MPLX that is recorded on the company's balance sheet. Investors also form their own opinion of MPLX LP's value that differs from its market value or its book value, called intrinsic value, which is MPLX LP'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 MPLX LP's market value can be influenced by many factors that don't directly affect MPLX LP'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 MPLX LP's value and its price as these two are different measures arrived at by different means. Investors typically determine if MPLX LP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MPLX LP'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.