MRC Historical Balance Sheet

MRC Stock  USD 12.05  0.23  1.95%   
Trend analysis of MRC Global balance sheet accounts such as Total Stockholder Equity of 1 B provides information on MRC Global's total assets, liabilities, and equity, which is the actual value of MRC Global to its prevalent stockholders. By breaking down trends over time using MRC Global balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining MRC Global latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether MRC Global is a good buy for the upcoming year.

MRC Global Inventory

574 Million

  
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.

About MRC Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of MRC Global at a specified time, usually calculated after every quarter, six months, or one year. MRC Global Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of MRC Global and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which MRC currently owns. An asset can also be divided into two categories, current and non-current.

MRC Global Balance Sheet Chart

MRC Global Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how MRC Global uses and utilizes its capital. It also shows what exactly a company owns and owes.
At present, MRC Global's Other Current Liabilities is projected to decrease significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 1 B, whereas Total Current Liabilities is forecasted to decline to about 607.4 M.

Total Assets

Total assets refers to the total amount of MRC Global 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 MRC Global 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.

Total Current Liabilities

Total Current Liabilities is an item on MRC Global balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of MRC Global are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most accounts from MRC Global's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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 Other Current Liabilities is projected to decrease significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 1 B, whereas Total Current Liabilities is forecasted to decline to about 607.4 M.
 2021 2022 2023 2024 (projected)
Other Current Liabilities76M66M95M108.4M
Total Assets1.7B1.9B1.9B2.0B

MRC Global balance sheet Correlations

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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
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-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
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-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 balance sheet 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

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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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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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.
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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.