Murphy Retained Earnings vs Total Assets Analysis

MUSA Stock  USD 445.92  1.47  0.33%   
Murphy USA financial indicator trend analysis is infinitely more than just investigating Murphy USA recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Murphy USA is a good investment. Please check the relationship between Murphy USA Retained Earnings and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Murphy USA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For information on how to trade Murphy Stock refer to our How to Trade Murphy Stock guide.

Retained Earnings vs Total Assets

Retained Earnings vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Murphy USA Retained Earnings account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Murphy USA's Retained Earnings and Total Assets is 0.81. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Assets in the same time period over historical financial statements of Murphy USA, assuming nothing else is changed. The correlation between historical values of Murphy USA's Retained Earnings and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Murphy USA are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Retained Earnings i.e., Murphy USA's Retained Earnings and Total Assets go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Total Assets

Total assets refers to the total amount of Murphy USA 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 Murphy USA 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.
Most indicators from Murphy USA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Murphy USA 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 Murphy USA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For information on how to trade Murphy Stock refer to our How to Trade Murphy Stock guide.As of May 29, 2024, Selling General Administrative is expected to decline to about 186.7 M. In addition to that, Discontinued Operations is expected to decline to about 31.5 M
 2021 2022 2023 2024 (projected)
Gross Profit1.8B2.4B20.5B21.5B
Total Revenue17.4B23.4B21.5B17.9B

Murphy USA fundamental ratios Correlations

0.470.880.390.80.160.810.720.210.060.860.380.740.81-0.860.570.950.55-0.70.97-0.310.76-0.84-0.07-0.210.99
0.470.30.260.33-0.080.260.440.49-0.290.430.050.350.26-0.3-0.220.340.08-0.170.44-0.090.41-0.330.02-0.150.46
0.880.30.60.590.270.620.850.07-0.020.630.730.80.63-0.620.560.910.51-0.520.80.010.89-0.59-0.130.140.85
0.390.260.60.10.690.090.60.180.020.050.730.810.09-0.05-0.080.540.210.120.180.440.77-0.050.110.560.34
0.80.330.590.10.080.950.490.10.080.940.050.50.96-0.920.620.710.58-0.850.84-0.70.4-0.93-0.19-0.490.82
0.16-0.080.270.690.080.00.260.460.2-0.010.210.730.00.01-0.110.290.350.270.00.230.510.030.330.030.14
0.810.260.620.090.950.00.450.050.110.950.140.441.0-0.920.680.740.43-0.930.84-0.580.44-0.93-0.13-0.40.81
0.720.440.850.60.490.260.450.070.070.50.640.740.45-0.490.30.770.49-0.310.62-0.050.75-0.51-0.310.160.69
0.210.490.070.180.10.460.050.070.020.26-0.280.420.06-0.1-0.290.180.050.080.180.150.43-0.120.53-0.460.17
0.06-0.29-0.020.020.080.20.110.070.020.04-0.130.110.12-0.22-0.150.23-0.19-0.160.05-0.140.01-0.26-0.01-0.120.06
0.860.430.630.050.94-0.010.950.50.260.040.030.490.95-0.920.640.750.52-0.870.9-0.570.49-0.94-0.08-0.530.85
0.380.050.730.730.050.210.140.64-0.28-0.130.030.50.13-0.060.220.50.14-0.10.230.440.68-0.04-0.20.740.32
0.740.350.80.810.50.730.440.740.420.110.490.50.44-0.470.220.810.53-0.190.60.080.88-0.440.090.040.71
0.810.260.630.090.960.01.00.450.060.120.950.130.44-0.930.680.750.44-0.930.85-0.580.45-0.93-0.13-0.40.81
-0.86-0.3-0.62-0.05-0.920.01-0.92-0.49-0.1-0.22-0.92-0.06-0.47-0.93-0.59-0.8-0.480.87-0.910.67-0.440.980.20.45-0.88
0.57-0.220.56-0.080.62-0.110.680.3-0.29-0.150.640.220.220.68-0.590.490.62-0.650.63-0.350.24-0.58-0.13-0.220.58
0.950.340.910.540.710.290.740.770.180.230.750.50.810.75-0.80.490.47-0.640.89-0.170.83-0.78-0.11-0.040.93
0.550.080.510.210.580.350.430.490.05-0.190.520.140.530.44-0.480.620.47-0.280.54-0.440.36-0.47-0.18-0.30.57
-0.7-0.17-0.520.12-0.850.27-0.93-0.310.08-0.16-0.87-0.1-0.19-0.930.87-0.65-0.64-0.28-0.780.59-0.30.880.20.36-0.7
0.970.440.80.180.840.00.840.620.180.050.90.230.60.85-0.910.630.890.54-0.78-0.430.63-0.89-0.1-0.360.98
-0.31-0.090.010.44-0.70.23-0.58-0.050.15-0.14-0.570.440.08-0.580.67-0.35-0.17-0.440.59-0.430.270.670.380.65-0.37
0.760.410.890.770.40.510.440.750.430.010.490.680.880.45-0.440.240.830.36-0.30.630.27-0.420.150.180.7
-0.84-0.33-0.59-0.05-0.930.03-0.93-0.51-0.12-0.26-0.94-0.04-0.44-0.930.98-0.58-0.78-0.470.88-0.890.67-0.420.20.45-0.85
-0.070.02-0.130.11-0.190.33-0.13-0.310.53-0.01-0.08-0.20.09-0.130.2-0.13-0.11-0.180.2-0.10.380.150.2-0.17-0.09
-0.21-0.150.140.56-0.490.03-0.40.16-0.46-0.12-0.530.740.04-0.40.45-0.22-0.04-0.30.36-0.360.650.180.45-0.17-0.26
0.990.460.850.340.820.140.810.690.170.060.850.320.710.81-0.880.580.930.57-0.70.98-0.370.7-0.85-0.09-0.26
Click cells to compare fundamentals

Murphy USA Account Relationship Matchups

Murphy USA fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.7B2.7B4.0B4.1B4.5B2.7B
Other Current Liab185.4M8.8M660.3M(4.3M)292.3M192.7M
Total Current Liabilities505M531.1M675.3M854.2M872.8M591.1M
Total Stockholder Equity803M784.1M807.2M640.7M828.9M835.8M
Other Liab261.4M253.5M356.7M392.2M451.0M473.6M
Net Tangible Assets803M784.1M338.5M500.3M575.3M697.6M
Retained Earnings1.4B1.7B2.1B2.8B3.3B3.4B
Accounts Payable280.8M471.1M660.3M547.6M520.3M468.5M
Cash280.3M163.6M256.4M60.5M117.8M173.3M
Other Assets44.9M2.1B14.1M14.7M16.9M16.1M
Long Term Debt999.3M951.2M1.8B1.8B1.8B1.9B
Net Receivables172.9M168.8M195.7M281.7M336.7M240.2M
Retained Earnings Total Equity1.4B1.7B2.1B2.8B3.2B3.3B
Common Stock Shares Outstanding31.9M29.5M26.6M24.0M21.8M29.7M
Inventory227.6M279.1M292.3M319.1M341.2M228.7M
Other Current Assets30M13.7M23.4M47.6M23.7M25.6M
Other Stockholder Equity(561.1M)(957.6M)(1.3B)(2.1B)(2.4B)(2.3B)
Total Liab1.9B1.9B3.2B3.5B3.6B1.9B
Short Long Term Debt21.2M38.8M51.2M15M13.5M12.8M
Total Current Assets710.8M625.2M767.8M726.8M826.5M673.8M
Accumulated Other Comprehensive Income700K(1.9M)(1.2M)(500K)(575K)(603.8K)
Treasury Stock(940.3M)(1.1B)(1.5B)(1.8B)(1.7B)(1.6B)
Short Term Debt21.2M38.8M51.2M15M37.1M42.4M
Property Plant Equipment1.8B1.9B2.8B2.9B3.3B1.7B
Short Long Term Debt Total1.0B1.0B2.2B2.3B2.3B2.4B
Property Plant And Equipment Net1.8B1.9B2.8B2.9B3.0B2.0B
Current Deferred Revenue(173.9M)(182M)(660.3M)295.9M23.1M24.3M
Net Debt757.8M838.8M2.0B2.2B2.2B2.3B
Non Current Assets Total2.0B2.1B3.3B3.4B3.6B2.2B
Non Currrent Assets Other169.1M(25.5M)14.1M(312.7M)17.5M18.4M
Cash And Short Term Investments280.3M163.6M256.4M78.4M124.9M188.7M
Liabilities And Stockholders Equity2.7B2.7B4.0B4.1B4.5B2.9B
Non Current Liabilities Total1.4B1.4B2.6B2.6B2.8B2.9B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Murphy USA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Murphy USA'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 Murphy Usa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Murphy Usa Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Murphy USA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For information on how to trade Murphy Stock refer to our How to Trade Murphy Stock guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary Tools for Murphy Stock analysis

When running Murphy USA's price analysis, check to measure Murphy USA'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 Murphy USA is operating at the current time. Most of Murphy USA's value examination focuses on studying past and present price action to predict the probability of Murphy USA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Murphy USA's price. Additionally, you may evaluate how the addition of Murphy USA to your portfolios can decrease your overall portfolio volatility.
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Is Murphy USA'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 Murphy USA. If investors know Murphy 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 Murphy USA 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
(0.35)
Dividend Share
1.6
Earnings Share
23.9
Revenue Per Share
893.186
Quarterly Revenue Growth
(0.06)
The market value of Murphy USA is measured differently than its book value, which is the value of Murphy that is recorded on the company's balance sheet. Investors also form their own opinion of Murphy USA's value that differs from its market value or its book value, called intrinsic value, which is Murphy USA'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 Murphy USA's market value can be influenced by many factors that don't directly affect Murphy USA'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 Murphy USA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Murphy USA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Murphy USA'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.