MPLX Total Assets vs Net Invested Capital 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 Total Assets and its Net Invested Capital 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.

Total Assets vs Net Invested Capital

Total Assets vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MPLX LP Total Assets account and Net Invested Capital. At this time, the significance of the direction appears to have strong relationship.
The correlation between MPLX LP's Total Assets and Net Invested Capital is 0.79. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Invested Capital 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 Total Assets and Net Invested Capital 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 Assets of MPLX LP are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Total Assets i.e., MPLX LP's Total Assets and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of MPLX LP assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in MPLX LP books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
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 Profit4.1B4.3B4.8B5.1B
Total Revenue9.6B10.5B10.7B11.2B

MPLX LP fundamental ratios Correlations

0.80.940.960.910.940.250.530.980.910.960.840.890.880.990.941.00.981.00.910.981.00.450.250.870.99
0.80.90.710.720.70.140.610.810.810.810.730.740.680.830.80.770.820.780.740.820.80.320.140.760.8
0.940.90.860.880.850.260.690.940.880.950.830.890.730.960.840.940.950.930.910.940.940.480.260.870.94
0.960.710.860.890.920.230.430.890.860.840.690.820.90.90.940.960.890.960.810.890.960.360.230.780.9
0.910.720.880.890.820.20.510.880.80.830.730.810.810.890.820.920.880.910.810.880.910.310.20.760.88
0.940.70.850.920.820.160.450.910.820.880.760.810.890.920.890.930.90.940.790.90.940.460.160.790.92
0.250.140.260.230.20.160.70.260.510.260.490.590.020.240.10.250.280.240.30.260.250.651.00.590.26
0.530.610.690.430.510.450.70.560.70.590.690.820.210.570.340.510.590.50.590.580.530.810.70.810.54
0.980.810.940.890.880.910.260.560.910.980.90.890.831.00.90.981.00.980.931.00.980.490.260.881.0
0.910.810.880.860.80.820.510.70.910.880.90.960.790.910.880.890.920.90.850.910.920.590.510.970.91
0.960.810.950.840.830.880.260.590.980.880.90.880.760.990.850.950.990.950.950.990.960.510.260.870.98
0.840.730.830.690.730.760.490.690.90.90.90.910.670.890.740.830.910.840.840.910.840.60.490.940.9
0.890.740.890.820.810.810.590.820.890.960.880.910.680.890.760.880.90.880.880.90.890.690.590.980.89
0.880.680.730.90.810.890.020.210.830.790.760.670.680.840.960.860.820.890.690.830.890.170.020.670.85
0.990.830.960.90.890.920.240.571.00.910.990.890.890.840.90.981.00.980.931.00.990.480.240.881.0
0.940.80.840.940.820.890.10.340.90.880.850.740.760.960.90.920.890.940.790.90.940.250.10.770.91
1.00.770.940.960.920.930.250.510.980.890.950.830.880.860.980.920.971.00.910.970.990.420.250.850.98
0.980.820.950.890.880.90.280.591.00.920.990.910.90.821.00.890.970.970.941.00.980.520.280.91.0
1.00.780.930.960.910.940.240.50.980.90.950.840.880.890.980.941.00.970.910.971.00.410.240.860.98
0.910.740.910.810.810.790.30.590.930.850.950.840.880.690.930.790.910.940.910.940.910.520.30.830.93
0.980.820.940.890.880.90.260.581.00.910.990.910.90.831.00.90.971.00.970.940.980.50.260.891.0
1.00.80.940.960.910.940.250.530.980.920.960.840.890.890.990.940.990.981.00.910.980.450.250.870.99
0.450.320.480.360.310.460.650.810.490.590.510.60.690.170.480.250.420.520.410.520.50.450.650.710.48
0.250.140.260.230.20.161.00.70.260.510.260.490.590.020.240.10.250.280.240.30.260.250.650.590.26
0.870.760.870.780.760.790.590.810.880.970.870.940.980.670.880.770.850.90.860.830.890.870.710.590.88
0.990.80.940.90.880.920.260.541.00.910.980.90.890.851.00.910.981.00.980.931.00.990.480.260.88
Click cells to compare fundamentals

MPLX LP Account Relationship Matchups

MPLX LP fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets40.4B36.4B35.5B35.7B36.5B20.8B
Other Current Liab1.8B1.0B2.5B1.1B1.2B612.8M
Total Current Liabilities2.1B2.1B3.3B2.4B2.6B1.3B
Total Stockholder Equity16.6B13.0B12.1B12.5B13.3B8.6B
Other Liab481M495M637M484M556.6M301.1M
Accounts Payable242M152M172M224M153M128.6M
Other Assets123M489M35.5B35.7B36.5B38.4B
Long Term Debt19.7B19.4B18.1B18.8B19.3B9.9B
Good Will2.6B9.5B7.7B7.6B8.8B9.2B
Common Stock Shares Outstanding907M1.1B1.0B1.0B1.0B540.4M
Inventory110M118M142M148M159M167.0M
Other Current Assets110M65M54M53M39M39.7M
Total Liab23.8B23.4B23.5B23.1B22.9B12.3B
Intangible Assets1.3B959M831M705M654M537.2M
Property Plant Equipment22.1B21.2B20.0B19.4B22.3B11.4B
Short Long Term Debt Total20.3B20.7B19.1B20.3B20.9B11.2B
Property Plant And Equipment Net22.7B21.8B20.5B19.4B19.8B13.1B
Current Deferred Revenue59M97M77M80M81M55.9M
Net Debt20.3B20.7B19.1B20.1B19.9B11.0B
Non Current Assets Total38.9B34.9B34B33.8B33.7B21.3B
Non Currrent Assets Other59M71M107M1.9B1.1B1.2B
Net Receivables1.2B1.1B1.3B1.5B1.6B1.6B
Liabilities And Stockholders Equity40.4B36.4B35.5B35.7B36.5B22.4B
Non Current Liabilities Total21.7B21.3B19.1B19.8B20.3B11.6B
Other Stockholder Equity16.6B13.0B12.1B12.6B12.5B13.1B
Total Current Assets1.5B1.5B1.5B1.9B2.8B2.9B
Short Term Debt67M828M559M1.0B1.2B1.2B
Retained Earnings(17.3B)(13.8B)(12.8B)(13.3B)(12.5B)(11.8B)
Deferred Long Term Liab421M441M170M142M163.3M254.9M
Common Stock15.8B12.2B11.2B11.7B12.5B9.3B
Net Tangible Assets6.8B5.4B3.3B5.9B6.7B5.6B
Long Term Debt Total19.7B19.4B18.1B18.8B21.6B11.7B
Long Term Investments5.3B4.0B5.1B5.3B3.7B4.5B

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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.