MRC Selling General Administrative vs Total Revenue Analysis

MRC Stock  USD 11.60  0.03  0.26%   
MRC Global financial indicator trend analysis is infinitely more than just investigating MRC Global recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MRC Global is a good investment. Please check the relationship between MRC Global Selling General Administrative and its Total Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MRC Global. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade MRC Stock refer to our How to Trade MRC Stock guide.

Selling General Administrative vs Total Revenue

Selling General Administrative vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MRC Global Selling General Administrative account and Total Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between MRC Global's Selling General Administrative and Total Revenue is 0.86. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Revenue in the same time period over historical financial statements of MRC Global, assuming nothing else is changed. The correlation between historical values of MRC Global's Selling General Administrative and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of MRC Global are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Selling General Administrative i.e., MRC Global's Selling General Administrative and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Selling General Administrative

Total Revenue

Total revenue comprises all receipts MRC Global generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from MRC Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MRC Global 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 MRC Global. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade MRC Stock refer to our How to Trade MRC Stock guide.At present, MRC Global's Tax Provision is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit417M610M690M700.2M
Total Revenue2.7B3.4B3.4B3.0B

MRC Global fundamental ratios Correlations

0.930.770.79-0.170.050.88-0.20.860.890.960.980.270.950.93-0.620.12-0.320.36-0.41-0.330.380.46-0.12-0.420.8
0.930.710.67-0.380.290.81-0.270.780.890.890.920.180.920.92-0.360.0-0.060.56-0.61-0.420.570.660.17-0.410.9
0.770.710.59-0.31-0.150.880.090.730.520.660.750.390.760.59-0.620.04-0.460.16-0.11-0.140.170.12-0.29-0.120.6
0.790.670.590.29-0.020.70.050.530.470.860.790.60.580.64-0.640.21-0.29-0.11-0.33-0.35-0.080.18-0.25-0.170.47
-0.17-0.38-0.310.29-0.42-0.260.43-0.27-0.37-0.01-0.190.47-0.38-0.24-0.340.28-0.27-0.780.16-0.12-0.78-0.56-0.360.35-0.58
0.050.29-0.15-0.02-0.42-0.1-0.61-0.250.250.090.15-0.250.050.190.72-0.510.890.71-0.63-0.080.710.840.75-0.410.54
0.880.810.880.7-0.26-0.1-0.170.820.70.840.870.420.860.74-0.650.17-0.440.22-0.28-0.110.260.25-0.33-0.40.71
-0.2-0.270.090.050.43-0.61-0.17-0.03-0.46-0.19-0.280.23-0.23-0.3-0.350.08-0.5-0.550.34-0.23-0.59-0.6-0.250.95-0.55
0.860.780.730.53-0.27-0.250.82-0.030.780.750.790.030.910.84-0.660.23-0.520.31-0.28-0.270.320.27-0.19-0.260.64
0.890.890.520.47-0.370.250.7-0.460.780.820.88-0.040.930.94-0.340.02-0.080.64-0.51-0.280.650.660.11-0.60.86
0.960.890.660.86-0.010.090.84-0.190.750.820.950.390.870.88-0.590.18-0.270.28-0.45-0.40.30.46-0.1-0.40.74
0.980.920.750.79-0.190.150.87-0.280.790.880.950.260.930.89-0.540.05-0.230.4-0.44-0.30.420.5-0.09-0.490.84
0.270.180.390.60.47-0.250.420.230.03-0.040.390.260.070.08-0.520.19-0.31-0.53-0.020.0-0.52-0.31-0.520.07-0.05
0.950.920.760.58-0.380.050.86-0.230.910.930.870.930.070.92-0.530.07-0.320.52-0.38-0.290.540.51-0.05-0.430.84
0.930.920.590.64-0.240.190.74-0.30.840.940.880.890.080.92-0.430.05-0.110.49-0.58-0.380.50.620.1-0.460.82
-0.62-0.36-0.62-0.64-0.340.72-0.65-0.35-0.66-0.34-0.59-0.54-0.52-0.53-0.43-0.50.890.43-0.250.190.410.40.7-0.04-0.06
0.120.00.040.210.28-0.510.170.080.230.020.180.050.190.070.05-0.5-0.51-0.410.24-0.38-0.38-0.37-0.24-0.09-0.2
-0.32-0.06-0.46-0.29-0.270.89-0.44-0.5-0.52-0.08-0.27-0.23-0.31-0.32-0.110.89-0.510.48-0.540.080.470.610.73-0.230.21
0.360.560.16-0.11-0.780.710.22-0.550.310.640.280.4-0.530.520.490.43-0.410.48-0.55-0.121.00.890.63-0.440.77
-0.41-0.61-0.11-0.330.16-0.63-0.280.34-0.28-0.51-0.45-0.44-0.02-0.38-0.58-0.250.24-0.54-0.550.28-0.55-0.74-0.550.28-0.66
-0.33-0.42-0.14-0.35-0.12-0.08-0.11-0.23-0.27-0.28-0.4-0.30.0-0.29-0.380.19-0.380.08-0.120.28-0.1-0.25-0.52-0.18-0.15
0.380.570.17-0.08-0.780.710.26-0.590.320.650.30.42-0.520.540.50.41-0.380.471.0-0.55-0.10.90.61-0.490.79
0.460.660.120.18-0.560.840.25-0.60.270.660.460.5-0.310.510.620.4-0.370.610.89-0.74-0.250.90.68-0.510.82
-0.120.17-0.29-0.25-0.360.75-0.33-0.25-0.190.11-0.1-0.09-0.52-0.050.10.7-0.240.730.63-0.55-0.520.610.68-0.030.27
-0.42-0.41-0.12-0.170.35-0.41-0.40.95-0.26-0.6-0.4-0.490.07-0.43-0.46-0.04-0.09-0.23-0.440.28-0.18-0.49-0.51-0.03-0.61
0.80.90.60.47-0.580.540.71-0.550.640.860.740.84-0.050.840.82-0.06-0.20.210.77-0.66-0.150.790.820.27-0.61
Click cells to compare fundamentals

MRC Global Account Relationship Matchups

MRC Global fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.3B1.8B1.7B1.9B1.9B2.0B
Other Current Liab91M88M76M66M95M108.4M
Total Current Liabilities486M399M436M564M783M607.4M
Total Stockholder Equity997M705M678M741M843M1.0B
Other Liab128M111M85M71M81.7M88.1M
Retained Earnings(483M)(781M)(819M)(768M)(678M)(711.9M)
Accounts Payable357M264M321M410M355M414.6M
Cash48M43M32M119M131M137.6M
Long Term Debt547M379M295M337M9M8.6M
Good Will486M484M483M264M237.6M389.8M
Other Current Assets38M26M19M31M34M26.5M
Total Liab1.3B1.1B993M1.2B1.0B1.2B
Intangible Assets281M229M204M183M163M154.9M
Property Plant Equipment138M103M282M82M94.3M133.8M
Common Stock Shares Outstanding83.9M82M82.5M84.9M85.5M78.8M
Short Long Term Debt Total752M607M507M558M521M700.2M
Property Plant And Equipment Net324M303M282M284M283M198.4M
Net Debt720M488M459M526M390M653.5M
Non Current Assets Total1.1B815M772M753M731M938.6M
Cash And Short Term Investments48M43M32M119M131M137.6M
Net Receivables459M319M379M501M430M463.3M
Liabilities And Stockholders Equity2.3B1.8B1.7B1.9B1.9B2.1B
Non Current Liabilities Total842M677M557M590M260M247M
Other Stockholder Equity1.4B1.4B1.4B1.4B1.4B1.2B
Property Plant And Equipment Gross324M303M91M82M462M485.1M
Total Current Assets1.2B966M899M1.1B1.2B1.1B
Short Term Debt38M41M35M39M326M342.3M
Net Tangible Assets400M399M(145M)923M1.1B1.1B
Retained Earnings Total Equity(483M)(781M)(819M)(768M)(691.2M)(725.8M)
Long Term Debt Total547M379M295M337M303.3M554.8M
Capital Surpluse1.7B1.7B1.7B1.8B2.0B1.8B
Deferred Long Term Liab91M70M53M49M44.1M41.9M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether MRC Global offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MRC Global'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 Mrc Global Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mrc Global Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MRC Global. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade MRC Stock refer to our How to Trade MRC Stock guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Complementary Tools for MRC Stock analysis

When running MRC Global's price analysis, check to measure MRC Global'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 MRC Global is operating at the current time. Most of MRC Global's value examination focuses on studying past and present price action to predict the probability of MRC Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MRC Global's price. Additionally, you may evaluate how the addition of MRC Global to your portfolios can decrease your overall portfolio volatility.
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Bonds Directory
Find actively traded corporate debentures issued by US companies
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Transaction History
View history of all your transactions and understand their impact on performance
Global Correlations
Find global opportunities by holding instruments from different markets
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Is MRC Global'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 MRC Global. If investors know MRC 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 MRC Global 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
(0.05)
Earnings Share
1.05
Revenue Per Share
40.523
Quarterly Revenue Growth
(0.12)
Return On Assets
0.0618
The market value of MRC Global is measured differently than its book value, which is the value of MRC that is recorded on the company's balance sheet. Investors also form their own opinion of MRC Global's value that differs from its market value or its book value, called intrinsic value, which is MRC Global'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 MRC Global's market value can be influenced by many factors that don't directly affect MRC Global'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 MRC Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if MRC Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MRC Global'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.