Marine Extraordinary Items vs Research Development Analysis

MPX Stock  USD 11.46  0.08  0.70%   
Marine Products financial indicator trend analysis is infinitely more than just investigating Marine Products recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Marine Products is a good investment. Please check the relationship between Marine Products Extraordinary Items and its Research Development accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marine Products. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Marine Stock please use our How to Invest in Marine Products guide.

Extraordinary Items vs Research Development

Extraordinary Items vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Marine Products Extraordinary Items account and Research Development. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Marine Products' Extraordinary Items and Research Development is -0.06. Overlapping area represents the amount of variation of Extraordinary Items that can explain the historical movement of Research Development in the same time period over historical financial statements of Marine Products, assuming nothing else is changed. The correlation between historical values of Marine Products' Extraordinary Items and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Extraordinary Items of Marine Products are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Extraordinary Items i.e., Marine Products' Extraordinary Items and Research Development go up and down completely randomly.

Correlation Coefficient

-0.06
Relationship DirectionNegative 
Relationship StrengthInsignificant

Extraordinary Items

Research Development

Most indicators from Marine Products' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Marine Products 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 Marine Products. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Marine Stock please use our How to Invest in Marine Products guide.Sales General And Administrative To Revenue is likely to rise to 0.12 in 2024, whereas Selling General Administrative is likely to drop slightly above 28 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit68.3M93.7M90.4M51.0M
Total Revenue298.0M381.0M383.7M229.5M

Marine Products fundamental ratios Correlations

0.980.790.240.68-0.21-0.530.75-0.40.840.790.810.560.68-0.770.670.740.740.26-0.070.80.52-0.350.430.910.37
0.980.70.290.65-0.26-0.440.62-0.290.710.770.740.610.52-0.750.530.720.740.140.050.730.58-0.250.250.860.33
0.790.70.240.74-0.33-0.650.71-0.660.860.680.810.470.81-0.740.620.710.720.4-0.310.790.1-0.610.660.840.54
0.240.290.240.59-0.560.01-0.03-0.640.080.070.11-0.07-0.09-0.03-0.040.040.13-0.19-0.60.18-0.4-0.71-0.180.530.89
0.680.650.740.59-0.66-0.370.49-0.690.590.550.640.470.56-0.550.470.540.590.08-0.430.560.0-0.690.270.820.76
-0.21-0.26-0.33-0.56-0.660.15-0.170.47-0.06-0.32-0.26-0.240.010.140.01-0.15-0.20.060.35-0.210.150.510.08-0.42-0.62
-0.53-0.44-0.650.01-0.370.15-0.560.44-0.63-0.81-0.88-0.59-0.620.8-0.52-0.81-0.79-0.620.15-0.89-0.220.38-0.45-0.5-0.25
0.750.620.71-0.030.49-0.17-0.56-0.550.90.710.720.30.83-0.490.90.460.430.43-0.350.720.32-0.470.760.750.28
-0.4-0.29-0.66-0.64-0.690.470.44-0.55-0.61-0.34-0.50.0-0.560.26-0.52-0.26-0.29-0.360.9-0.540.410.99-0.54-0.73-0.9
0.840.710.860.080.59-0.06-0.630.9-0.610.690.790.330.94-0.660.880.620.60.52-0.350.80.25-0.540.770.840.39
0.790.770.680.070.55-0.32-0.810.71-0.340.690.940.690.6-0.860.630.860.850.260.030.930.51-0.270.30.690.25
0.810.740.810.110.64-0.26-0.880.72-0.50.790.940.690.75-0.930.670.930.920.45-0.130.970.38-0.430.450.760.37
0.560.610.47-0.070.47-0.24-0.590.30.00.330.690.690.34-0.750.230.760.770.160.330.570.550.050.080.4-0.01
0.680.520.81-0.090.560.01-0.620.83-0.560.940.60.750.34-0.630.890.60.560.55-0.320.70.19-0.480.820.670.28
-0.77-0.75-0.74-0.03-0.550.140.8-0.490.26-0.66-0.86-0.93-0.75-0.63-0.48-1.0-0.99-0.36-0.14-0.89-0.440.2-0.26-0.63-0.22
0.670.530.62-0.040.470.01-0.520.9-0.520.880.630.670.230.89-0.480.450.410.37-0.360.650.29-0.440.710.660.25
0.740.720.710.040.54-0.15-0.810.46-0.260.620.860.930.760.6-1.00.450.990.350.150.890.42-0.20.230.60.22
0.740.740.720.130.59-0.2-0.790.43-0.290.60.850.920.770.56-0.990.410.990.310.110.880.41-0.250.210.640.28
0.260.140.4-0.190.080.06-0.620.43-0.360.520.260.450.160.55-0.360.370.350.31-0.310.450.08-0.310.650.290.08
-0.070.05-0.31-0.6-0.430.350.15-0.350.9-0.350.03-0.130.33-0.32-0.14-0.360.150.11-0.31-0.180.570.92-0.45-0.45-0.79
0.80.730.790.180.56-0.21-0.890.72-0.540.80.930.970.570.7-0.890.650.890.880.45-0.180.29-0.480.430.770.42
0.520.580.1-0.40.00.15-0.220.320.410.250.510.380.550.19-0.440.290.420.410.080.570.290.470.10.2-0.48
-0.35-0.25-0.61-0.71-0.690.510.38-0.470.99-0.54-0.27-0.430.05-0.480.2-0.44-0.2-0.25-0.310.92-0.480.47-0.46-0.7-0.93
0.430.250.66-0.180.270.08-0.450.76-0.540.770.30.450.080.82-0.260.710.230.210.65-0.450.430.1-0.460.490.17
0.910.860.840.530.82-0.42-0.50.75-0.730.840.690.760.40.67-0.630.660.60.640.29-0.450.770.2-0.70.490.7
0.370.330.540.890.76-0.62-0.250.28-0.90.390.250.37-0.010.28-0.220.250.220.280.08-0.790.42-0.48-0.930.170.7
Click cells to compare fundamentals

Marine Products Account Relationship Matchups

Marine Products fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets104.8M119.4M132.8M163.7M193.8M117.6M
Total Stockholder Equity77.2M84.5M98.5M124.4M151.6M93.7M
Property Plant And Equipment Net14.8M14.9M14.4M15.0M22.5M15.2M
Non Current Assets Total33.8M38.9M39.7M38.7M54.6M49.8M
Non Currrent Assets Other3.7M3.7M3.9M14.0M19.3M11.6M
Other Assets15.1M84.7M21.6M19.7M1.00.95
Common Stock Shares Outstanding34.1M33.9M33.3M33.4M33.6M29.6M
Liabilities And Stockholders Equity104.8M119.4M132.8M163.7M193.8M117.6M
Inventory41.6M42.3M73.3M73.0M61.6M35.4M
Other Stockholder Equity252K(1.9M)(2.6M)(2.0M)(1.8M)(1.7M)
Total Liab27.6M34.9M34.3M39.3M42.2M23.9M
Property Plant And Equipment Gross14.8M14.9M46.2M48.0M55.2M58.0M
Total Current Assets70.9M80.5M93.1M125.0M139.2M146.2M
Other Current Liab713K1.6M1.0M13.3M16.5M17.3M
Total Current Liabilities17.0M21.7M18.1M23.6M22.6M16.7M
Net Debt(19.6M)(31.5M)(14.0M)(42.9M)(71.7M)(68.1M)
Accounts Payable3.9M6.1M6.8M8.3M6.1M4.5M
Cash19.8M31.6M14.1M43.2M72.0M75.5M
Cash And Short Term Investments19.8M31.6M14.1M43.2M72.0M75.5M
Net Receivables7.5M4.7M3.3M5.4M2.8M3.9M
Non Current Liabilities Total10.5M13.2M16.2M15.7M19.6M20.6M
Other Current Assets2.1M1.9M2.5M3.4M2.8M2.3M
Accumulated Other Comprehensive Income(2.7M)(1.9M)(2.6M)(2.0M)(1.8M)(1.7M)
Property Plant Equipment14.8M14.9M14.4M15.2M13.7M11.3M
Retained Earnings76.6M83.1M97.7M123.0M148.1M83.2M
Common Stock Total Equity3.5M3.4M3.4M3.4M3.9M3.7M
Other Liab10.4M13.2M16.2M15.6M17.9M18.8M
Current Deferred Revenue295K1.2M1.3M2.0M654K882.7K
Short Term Debt12.1M12.8M9.0M57K(654.0K)(621.3K)
Net Tangible Assets73.4M80.7M94.8M120.6M138.7M89.5M
Retained Earnings Total Equity74.0M76.6M83.1M97.7M112.4M86.4M
Non Current Liabilities Other10.5M13.2M683K1.3M1.6M1.6M
Cash And Equivalents19.8M31.6M14.1M43.2M49.6M52.1M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Marine Products in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Marine Products' short interest history, or implied volatility extrapolated from Marine Products options trading.

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When determining whether Marine Products offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Marine Products' 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 Marine Products Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Marine Products Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marine Products. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Marine Stock please use our How to Invest in Marine Products guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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Is Marine Products' 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 Marine Products. If investors know Marine 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 Marine Products 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
(0.61)
Dividend Share
0.56
Earnings Share
1
Revenue Per Share
9.684
Quarterly Revenue Growth
(0.42)
The market value of Marine Products is measured differently than its book value, which is the value of Marine that is recorded on the company's balance sheet. Investors also form their own opinion of Marine Products' value that differs from its market value or its book value, called intrinsic value, which is Marine Products' 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 Marine Products' market value can be influenced by many factors that don't directly affect Marine Products' 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 Marine Products' value and its price as these two are different measures arrived at by different means. Investors typically determine if Marine Products is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marine Products' 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.