Marten Other Non Cash Items vs Capital Expenditures Analysis
| MRTN Stock | USD 17.70 0.28 1.61% |
Marten Transport financial indicator trend analysis is infinitely more than just investigating Marten Transport recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Marten Transport is a good investment. Please check the relationship between Marten Transport Other Non Cash Items and its Capital Expenditures accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marten Transport. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Marten Stock, please use our How to Invest in Marten Transport guide.
Other Non Cash Items vs Capital Expenditures
Other Non Cash Items vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Marten Transport Other Non Cash Items account and Capital Expenditures. At this time, the significance of the direction appears to have pay attention.
The correlation between Marten Transport's Other Non Cash Items and Capital Expenditures is -0.76. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Marten Transport, assuming nothing else is changed. The correlation between historical values of Marten Transport's Other Non Cash Items and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of Marten Transport are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Other Non Cash Items i.e., Marten Transport's Other Non Cash Items and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | -0.76 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Other Non Cash Items
Capital Expenditures
Capital Expenditures are funds used by Marten Transport to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Marten Transport operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Most indicators from Marten Transport's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Marten Transport 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 Marten Transport. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Marten Stock, please use our How to Invest in Marten Transport guide.As of the 3rd of June 2024, Enterprise Value is likely to grow to about 1.1 B, while Selling General Administrative is likely to drop about 63.9 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 183.2M | 238.5M | 121.7M | 144.4M | Total Revenue | 973.6M | 1.3B | 1.1B | 1.2B |
Marten Transport fundamental ratios Correlations
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Marten Transport Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Marten Transport fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 796.6M | 831.6M | 870.7M | 965.7M | 1.0B | 1.1B | |
| Other Current Liab | 53.4M | 64.1M | 73.4M | (50.3M) | 73.5M | 77.1M | |
| Total Current Liabilities | 76.3M | 89.8M | 93.6M | 124.3M | 110.2M | 115.8M | |
| Total Stockholder Equity | 597.6M | 620.3M | 651.7M | 703.9M | 757.4M | 795.3M | |
| Property Plant And Equipment Net | 640.4M | 654.2M | 682.3M | 728.2M | 792.8M | 832.4M | |
| Net Debt | (30.8M) | (65.7M) | (56.7M) | (80.2M) | (52.7M) | (50.1M) | |
| Retained Earnings | 517.6M | 534.4M | 565.1M | 655.9M | 706.8M | 742.1M | |
| Cash | 31.5M | 66.1M | 57.0M | 80.6M | 53.2M | 55.9M | |
| Non Current Assets Total | 642.4M | 656.0M | 683.7M | 729.8M | 808.1M | 848.5M | |
| Non Currrent Assets Other | (120.0M) | (119.3M) | (123.7M) | (135.4M) | 1.0M | 1.1M | |
| Cash And Short Term Investments | 31.5M | 66.1M | 57.0M | 80.6M | 53.2M | 55.9M | |
| Net Receivables | 101.8M | 87.6M | 106.0M | 127.9M | 118.0M | 123.9M | |
| Common Stock Shares Outstanding | 82.7M | 83.2M | 83.4M | 82.0M | 81.4M | 77.5M | |
| Liabilities And Stockholders Equity | 796.6M | 831.6M | 870.7M | 965.7M | 1.0B | 1.1B | |
| Non Current Liabilities Total | 122.7M | 121.5M | 125.5M | 137.5M | 137.0M | 95.3M | |
| Other Current Assets | 20.9M | 21.9M | 24.0M | 27.3M | 19.1M | 28.8M | |
| Other Stockholder Equity | 79.5M | 85.1M | 85.7M | 47.2M | 49.8M | 57.1M | |
| Total Liab | 199.0M | 211.3M | 219.0M | 261.8M | 247.3M | 147.8M | |
| Property Plant And Equipment Gross | 640.4M | 654.2M | 682.3M | 1.1B | 1.2B | 1.2B | |
| Total Current Assets | 154.2M | 175.7M | 186.9M | 235.8M | 196.6M | 206.4M | |
| Accounts Payable | 22.9M | 25.7M | 20.2M | 37.3M | 36.5M | 38.3M | |
| Common Stock | 547K | 827K | 830K | 811K | 813K | 853.7K | |
| Other Assets | 848K | 1.8M | 1.5M | 962K | 865.8K | 822.5K | |
| Property Plant Equipment | 376.6M | 654.2M | 682.3M | 728.9M | 838.2M | 880.1M | |
| Inventory | 3.4M | 3.4M | 4.4M | 5.4M | 6.3M | 6.6M | |
| Net Tangible Assets | 597.6M | 620.3M | 651.7M | 703.9M | 809.5M | 542.3M | |
| Retained Earnings Total Equity | 498.6M | 517.6M | 534.4M | 565.1M | 649.9M | 431.8M | |
| Capital Surpluse | 76.8M | 79.5M | 85.1M | 85.7M | 77.1M | 64.7M | |
| Accumulated Depreciation | 211.7M | 228.2M | 263.8M | (276.0M) | (317.3M) | (301.5M) | |
| Other Liab | 122.0M | 121.1M | 125.2M | 137.0M | 157.6M | 136.1M |
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marten Transport. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Marten Stock, please use our How to Invest in Marten Transport guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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When running Marten Transport's price analysis, check to measure Marten Transport'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 Marten Transport is operating at the current time. Most of Marten Transport's value examination focuses on studying past and present price action to predict the probability of Marten Transport's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marten Transport's price. Additionally, you may evaluate how the addition of Marten Transport to your portfolios can decrease your overall portfolio volatility.
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Is Marten Transport'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 Marten Transport. If investors know Marten 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 Marten Transport 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 (0.57) | Dividend Share 0.24 | Earnings Share 0.7 | Revenue Per Share 13.321 | Quarterly Revenue Growth (0.16) |
The market value of Marten Transport is measured differently than its book value, which is the value of Marten that is recorded on the company's balance sheet. Investors also form their own opinion of Marten Transport's value that differs from its market value or its book value, called intrinsic value, which is Marten Transport'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 Marten Transport's market value can be influenced by many factors that don't directly affect Marten Transport'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 Marten Transport's value and its price as these two are different measures arrived at by different means. Investors typically determine if Marten Transport is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marten Transport'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.