Murphy Retained Earnings vs Total Current Liabilities Analysis
| MUSA Stock | USD 443.38 4.43 1.01% |
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 Current Liabilities 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 Current Liabilities
Retained Earnings vs Total Current Liabilities 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 Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Murphy USA's Retained Earnings and Total Current Liabilities is 0.62. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Current Liabilities 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 Current Liabilities 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 Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Retained Earnings i.e., Murphy USA's Retained Earnings and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.62 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
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 Current Liabilities
Total Current Liabilities is an item on Murphy USA balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Murphy USA 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.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 19, 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 Profit | 1.8B | 2.4B | 20.5B | 21.5B | Total Revenue | 17.4B | 23.4B | 21.5B | 17.9B |
Murphy USA fundamental ratios Correlations
Click cells to compare fundamentals
Murphy USA Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Murphy USA fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 2.7B | 2.7B | 4.0B | 4.1B | 4.5B | 2.7B | |
| Other Current Liab | 185.4M | 8.8M | 660.3M | (4.3M) | 292.3M | 192.7M | |
| Total Current Liabilities | 505M | 531.1M | 675.3M | 854.2M | 872.8M | 591.1M | |
| Total Stockholder Equity | 803M | 784.1M | 807.2M | 640.7M | 828.9M | 835.8M | |
| Other Liab | 261.4M | 253.5M | 356.7M | 392.2M | 451.0M | 473.6M | |
| Net Tangible Assets | 803M | 784.1M | 338.5M | 500.3M | 575.3M | 697.6M | |
| Retained Earnings | 1.4B | 1.7B | 2.1B | 2.8B | 3.3B | 3.4B | |
| Accounts Payable | 280.8M | 471.1M | 660.3M | 547.6M | 520.3M | 468.5M | |
| Cash | 280.3M | 163.6M | 256.4M | 60.5M | 117.8M | 173.3M | |
| Other Assets | 44.9M | 2.1B | 14.1M | 14.7M | 16.9M | 16.1M | |
| Long Term Debt | 999.3M | 951.2M | 1.8B | 1.8B | 1.8B | 1.9B | |
| Net Receivables | 172.9M | 168.8M | 195.7M | 281.7M | 336.7M | 240.2M | |
| Retained Earnings Total Equity | 1.4B | 1.7B | 2.1B | 2.8B | 3.2B | 3.3B | |
| Common Stock Shares Outstanding | 31.9M | 29.5M | 26.6M | 24.0M | 21.8M | 29.7M | |
| Inventory | 227.6M | 279.1M | 292.3M | 319.1M | 341.2M | 228.7M | |
| Other Current Assets | 30M | 13.7M | 23.4M | 47.6M | 23.7M | 25.6M | |
| Other Stockholder Equity | (561.1M) | (957.6M) | (1.3B) | (2.1B) | (2.4B) | (2.3B) | |
| Total Liab | 1.9B | 1.9B | 3.2B | 3.5B | 3.6B | 1.9B | |
| Short Long Term Debt | 21.2M | 38.8M | 51.2M | 15M | 13.5M | 12.8M | |
| Total Current Assets | 710.8M | 625.2M | 767.8M | 726.8M | 826.5M | 673.8M | |
| Accumulated Other Comprehensive Income | 700K | (1.9M) | (1.2M) | (500K) | (575K) | (603.8K) | |
| Treasury Stock | (940.3M) | (1.1B) | (1.5B) | (1.8B) | (1.7B) | (1.6B) | |
| Short Term Debt | 21.2M | 38.8M | 51.2M | 15M | 37.1M | 42.4M | |
| Property Plant Equipment | 1.8B | 1.9B | 2.8B | 2.9B | 3.3B | 1.7B | |
| Short Long Term Debt Total | 1.0B | 1.0B | 2.2B | 2.3B | 2.3B | 2.4B | |
| Property Plant And Equipment Net | 1.8B | 1.9B | 2.8B | 2.9B | 3.0B | 2.0B | |
| Current Deferred Revenue | (173.9M) | (182M) | (660.3M) | 295.9M | 23.1M | 24.3M | |
| Net Debt | 757.8M | 838.8M | 2.0B | 2.2B | 2.2B | 2.3B | |
| Non Current Assets Total | 2.0B | 2.1B | 3.3B | 3.4B | 3.6B | 2.2B | |
| Non Currrent Assets Other | 169.1M | (25.5M) | 14.1M | (312.7M) | 17.5M | 18.4M | |
| Cash And Short Term Investments | 280.3M | 163.6M | 256.4M | 78.4M | 124.9M | 188.7M | |
| Liabilities And Stockholders Equity | 2.7B | 2.7B | 4.0B | 4.1B | 4.5B | 2.9B | |
| Non Current Liabilities Total | 1.4B | 1.4B | 2.6B | 2.6B | 2.8B | 2.9B |
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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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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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.
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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 23.81 | 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.