MPLX Short Term Investments vs Common Stock 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 Short Term Investments and its Common Stock 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.
Short Term Investments vs Common Stock
Short Term Investments vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MPLX LP Short Term Investments account and Common Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between MPLX LP's Short Term Investments and Common Stock is 0.7. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Common Stock 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 Short Term Investments and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of MPLX LP are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Short Term Investments i.e., MPLX LP's Short Term Investments and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.7 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Short Term Investments
Short Term Investments is an item under the current assets section of MPLX LP balance sheet. It contains any investments MPLX LP undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that MPLX LP can easily liquidate in the marketplace.Common Stock
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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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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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When running MPLX LP's price analysis, check to measure MPLX LP's 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 MPLX LP is operating at the current time. Most of MPLX LP's value examination focuses on studying past and present price action to predict the probability of MPLX LP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MPLX LP's price. Additionally, you may evaluate how the addition of MPLX LP to your portfolios can decrease your overall portfolio volatility.
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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.