MDU Total Revenue vs Tax Provision Analysis

MDU Stock

USD 25.48 0.38 1.51%

MDU Resources financial indicator trend analysis is infinitely more than just investigating MDU Resources Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MDU Resources Group is a good investment. Please check the relationship between MDU Resources Total Revenue and its Tax Provision accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MDU Resources Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

Total Revenue vs Tax Provision

Total Revenue vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MDU Resources Group Total Revenue account and Tax Provision. At this time, the significance of the direction appears to have almost no relationship.

The correlation between MDU Resources' Total Revenue and Tax Provision is 0.15. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Tax Provision in the same time period over historical financial statements of MDU Resources Group, assuming nothing else is changed. The correlation between historical values of MDU Resources' Total Revenue and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of MDU Resources Group are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Total Revenue i.e., MDU Resources' Total Revenue and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.15

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Total Revenue

Total revenue comprises all receipts MDU Resources Group 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.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Most indicators from MDU Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MDU Resources Group 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 MDU Resources Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

At this time, MDU Resources' Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 257.2 K in 2024, whereas Enterprise Value Over EBITDA is likely to drop 5.14 in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	1.0B	1.1B	622M	590.9M
Total Revenue	5.7B	7.0B	4.7B	3.0B

Gross Profit Total Revenue

MDU Resources fundamental ratios Correlations

	Total Assets	Common Stock Shares Outstanding	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue
Total Assets		0.91	0.95	-0.02	0.93	0.97	0.99	0.94	0.88	0.93	0.15	0.99	-0.27	0.15	0.92	0.88	0.98	0.78	0.16	0.88	0.99	0.88	0.94	0.52	0.9	0.44
Common Stock Shares Outstanding	0.91		0.82	-0.06	0.82	0.91	0.9	0.82	0.73	0.8	0.16	0.93	-0.16	0.16	0.81	0.98	0.92	0.68	0.17	0.85	0.91	0.69	0.82	0.41	1.0	0.44
Short Long Term Debt Total	0.95	0.82		-0.02	0.92	0.91	0.94	1.0	0.79	0.94	0.02	0.95	-0.43	0.02	0.96	0.81	0.97	0.67	0.32	0.92	0.98	0.93	0.95	0.54	0.81	0.37
Other Current Liab	-0.02	-0.06	-0.02		0.18	0.11	0.07	-0.04	0.21	0.17	0.4	0.02	0.34	0.4	0.09	0.05	-0.06	-0.25	0.59	-0.03	0.0	0.16	0.13	0.31	-0.03	-0.73
Total Current Liabilities	0.93	0.82	0.92	0.18		0.91	0.92	0.91	0.83	0.95	0.27	0.92	-0.24	0.27	0.94	0.81	0.9	0.68	0.35	0.84	0.94	0.9	0.97	0.74	0.81	0.18
Total Stockholder Equity	0.97	0.91	0.91	0.11	0.91		0.99	0.89	0.94	0.93	0.27	0.99	-0.19	0.27	0.9	0.88	0.96	0.76	0.23	0.83	0.96	0.85	0.93	0.51	0.91	0.36
Property Plant And Equipment Net	0.99	0.9	0.94	0.07	0.92	0.99		0.93	0.92	0.94	0.17	0.99	-0.23	0.17	0.91	0.88	0.98	0.74	0.25	0.87	0.98	0.88	0.94	0.51	0.9	0.39
Net Debt	0.94	0.82	1.0	-0.04	0.91	0.89	0.93		0.77	0.94	-0.03	0.94	-0.45	-0.03	0.95	0.8	0.97	0.66	0.31	0.92	0.97	0.93	0.94	0.53	0.8	0.38
Retained Earnings	0.88	0.73	0.79	0.21	0.83	0.94	0.92	0.77		0.88	0.36	0.88	-0.16	0.36	0.81	0.69	0.83	0.78	0.17	0.62	0.85	0.79	0.87	0.44	0.74	0.3
Accounts Payable	0.93	0.8	0.94	0.17	0.95	0.93	0.94	0.94	0.88		0.14	0.93	-0.33	0.14	0.98	0.8	0.93	0.67	0.37	0.8	0.95	0.93	0.98	0.54	0.79	0.21
Cash	0.15	0.16	0.02	0.4	0.27	0.27	0.17	-0.03	0.36	0.14		0.16	0.31	1.0	0.09	0.14	0.07	0.21	0.17	0.02	0.11	0.08	0.23	0.27	0.18	-0.3
Non Current Assets Total	0.99	0.93	0.95	0.02	0.92	0.99	0.99	0.94	0.88	0.93	0.16		-0.26	0.16	0.92	0.91	0.99	0.75	0.23	0.89	0.99	0.87	0.93	0.5	0.93	0.42
Non Currrent Assets Other	-0.27	-0.16	-0.43	0.34	-0.24	-0.19	-0.23	-0.45	-0.16	-0.33	0.31	-0.26		0.31	-0.45	-0.11	-0.36	-0.24	-0.2	-0.28	-0.35	-0.38	-0.4	0.09	-0.14	-0.28
Cash And Short Term Investments	0.15	0.16	0.02	0.4	0.27	0.27	0.17	-0.03	0.36	0.14	1.0	0.16	0.31		0.09	0.14	0.07	0.21	0.17	0.02	0.11	0.08	0.23	0.27	0.18	-0.3
Net Receivables	0.92	0.81	0.96	0.09	0.94	0.9	0.91	0.95	0.81	0.98	0.09	0.92	-0.45	0.09		0.81	0.94	0.64	0.4	0.85	0.96	0.92	0.98	0.51	0.8	0.23
Common Stock Total Equity	0.88	0.98	0.81	0.05	0.81	0.88	0.88	0.8	0.69	0.8	0.14	0.91	-0.11	0.14	0.81		0.9	0.54	0.3	0.86	0.89	0.71	0.8	0.4	0.98	0.31
Non Current Liabilities Total	0.98	0.92	0.97	-0.06	0.9	0.96	0.98	0.97	0.83	0.93	0.07	0.99	-0.36	0.07	0.94	0.9		0.72	0.24	0.91	0.99	0.87	0.93	0.44	0.91	0.45
Inventory	0.78	0.68	0.67	-0.25	0.68	0.76	0.74	0.66	0.78	0.67	0.21	0.75	-0.24	0.21	0.64	0.54	0.72		-0.33	0.48	0.73	0.56	0.71	0.44	0.67	0.7
Other Current Assets	0.16	0.17	0.32	0.59	0.35	0.23	0.25	0.31	0.17	0.37	0.17	0.23	-0.2	0.17	0.4	0.3	0.24	-0.33		0.37	0.27	0.42	0.37	0.2	0.2	-0.61
Other Stockholder Equity	0.88	0.85	0.92	-0.03	0.84	0.83	0.87	0.92	0.62	0.8	0.02	0.89	-0.28	0.02	0.85	0.86	0.91	0.48	0.37		0.91	0.82	0.83	0.53	0.84	0.29
Total Liab	0.99	0.91	0.98	0.0	0.94	0.96	0.98	0.97	0.85	0.95	0.11	0.99	-0.35	0.11	0.96	0.89	0.99	0.73	0.27	0.91		0.9	0.96	0.52	0.9	0.4
Property Plant And Equipment Gross	0.88	0.69	0.93	0.16	0.9	0.85	0.88	0.93	0.79	0.93	0.08	0.87	-0.38	0.08	0.92	0.71	0.87	0.56	0.42	0.82	0.9		0.93	0.56	0.68	0.14
Total Current Assets	0.94	0.82	0.95	0.13	0.97	0.93	0.94	0.94	0.87	0.98	0.23	0.93	-0.4	0.23	0.98	0.8	0.93	0.71	0.37	0.83	0.96	0.93		0.57	0.81	0.23
Short Term Debt	0.52	0.41	0.54	0.31	0.74	0.51	0.51	0.53	0.44	0.54	0.27	0.5	0.09	0.27	0.51	0.4	0.44	0.44	0.2	0.53	0.52	0.56	0.57		0.41	-0.05
Common Stock	0.9	1.0	0.81	-0.03	0.81	0.91	0.9	0.8	0.74	0.79	0.18	0.93	-0.14	0.18	0.8	0.98	0.91	0.67	0.2	0.84	0.9	0.68	0.81	0.41		0.43
Current Deferred Revenue	0.44	0.44	0.37	-0.73	0.18	0.36	0.39	0.38	0.3	0.21	-0.3	0.42	-0.28	-0.3	0.23	0.31	0.45	0.7	-0.61	0.29	0.4	0.14	0.23	-0.05	0.43

Click cells to compare fundamentals

MDU Resources Account Relationship Matchups

MDU Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.7B	8.1B	8.9B	9.7B	7.8B	4.6B
Common Stock Shares Outstanding	198.6M	200.6M	202.4M	203.5M	203.9M	166.9M
Short Long Term Debt Total	2.4B	2.4B	2.9B	3.2B	2.4B	1.6B
Other Current Liab	3.5M	31.5M	16.3M	255.2M	363.2M	381.4M
Total Current Liabilities	866.4M	963.5M	1.1B	1.5B	1.1B	715.1M
Total Stockholder Equity	2.8B	3.1B	3.4B	3.6B	2.9B	2.2B
Property Plant And Equipment Net	5.0B	5.3B	5.9B	6.2B	5.2B	3.7B
Net Debt	2.3B	2.3B	2.8B	3.1B	2.3B	1.5B
Retained Earnings	1.3B	1.6B	1.8B	2.0B	1.3B	1.1B
Accounts Payable	403.4M	426.3M	478.9M	657.2M	475.2M	299.4M
Cash	66.5M	59.5M	54.2M	80.5M	48.9M	80.7M
Non Current Assets Total	6.4B	6.7B	7.4B	7.6B	6.5B	4.6B
Non Currrent Assets Other	1.1M	7.4M	(76.4M)	(136.1M)	200.4M	153.2M
Cash And Short Term Investments	66.5M	59.5M	54.2M	80.5M	48.9M	80.8M
Net Receivables	836.6M	874.0M	946.7M	1.3B	942.8M	601.0M
Common Stock Total Equity	200.9M	201.1M	203.9M	204.2M	234.8M	168.0M
Liabilities And Stockholders Equity	7.7B	8.1B	8.9B	9.7B	7.8B	5.6B
Non Current Liabilities Total	4.0B	4.0B	4.4B	4.6B	3.9B	2.6B
Inventory	278.4M	291.2M	335.6M	387.5M	87.4M	83.0M
Other Current Assets	115.8M	68.5M	118.7M	165.1M	256.6M	269.4M
Other Stockholder Equity	1.4B	1.4B	1.5B	1.5B	1.5B	1.2B
Total Liab	4.8B	5.0B	5.5B	6.1B	4.9B	3.4B
Property Plant And Equipment Gross	5.0B	5.3B	9.0B	9.4B	7.4B	4.0B
Total Current Assets	1.3B	1.3B	1.6B	2.0B	1.4B	997.9M
Accumulated Other Comprehensive Income	(42.1M)	(48.1M)	(41.0M)	(30.6M)	(18.4M)	(19.3M)
Short Term Debt	48.2M	85.2M	183.4M	359.0M	179.2M	114.2M
Common Stock	200.9M	201.1M	203.9M	204.2M	203.7M	169.9M
Current Deferred Revenue	411.3M	420.6M	413.6M	208.2M	58.1M	55.2M
Other Liab	1.7B	1.7B	1.8B	1.7B	2.0B	2.1B
Other Assets	(59K)	523.5M	515.5M	495.2M	(159K)	(151.1K)
Long Term Debt	2.2B	2.2B	2.6B	2.8B	2.2B	1.7B
Property Plant Equipment	4.9B	5.2B	5.8B	6.1B	7.0B	4.3B
Intangible Assets	15.2M	25.5M	22.6M	17.5M	2.0M	1.9M
Good Will	681.4M	715.0M	765.4M	763.5M	489.0M	624.8M
Net Tangible Assets	4.4B	2.3B	2.6B	2.8B	2.5B	2.9B
Retained Earnings Total Equity	1.3B	1.6B	1.8B	2.0B	2.2B	1.6B
Long Term Debt Total	2.2B	2.2B	2.6B	2.8B	3.2B	2.0B
Capital Surpluse	1.4B	1.4B	1.5B	1.5B	1.7B	1.3B
Deferred Long Term Liab	506.6M	516.1M	592.0M	631.3M	568.2M	514.9M

Pair Trading with MDU Resources

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MDU Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MDU Resources will appreciate offsetting losses from the drop in the long position's value.

Moving together with MDU Stock

0.68

FATH

Fathom Digital Manuf

Pair Corr

Moving against MDU Stock

0.93	AZ	A2Z Smart Technologies	Pair Corr
0.87	HHS	Harte Hanks	Pair Corr
0.87	RCMT	RCM Technologies	Pair Corr
0.78	AP	Ampco Pittsburgh	Pair Corr
0.75	BA	Boeing Financial Report 24th of July 2024	Pair Corr

The ability to find closely correlated positions to MDU Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MDU Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MDU Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MDU Resources Group to buy it.

The correlation of MDU Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MDU Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MDU Resources Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for MDU Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether MDU Resources Group is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if MDU Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Mdu Resources Group Stock. Highlighted below are key reports to facilitate an investment decision about Mdu Resources Group Stock:

How To Invest In MDU

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Is MDU Stock a good investment?

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What is MDU Resources' Net Worth?

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MDU Resources Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

Note that the MDU Resources Group information on this page should be used as a complementary analysis to other MDU Resources' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Complementary Tools for MDU Stock analysis

When running MDU Resources' price analysis, check to measure MDU Resources' 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 MDU Resources is operating at the current time. Most of MDU Resources' value examination focuses on studying past and present price action to predict the probability of MDU Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MDU Resources' price. Additionally, you may evaluate how the addition of MDU Resources to your portfolios can decrease your overall portfolio volatility.

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Is MDU Resources' 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 MDU Resources. If investors know MDU 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 MDU Resources 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

1.624

Dividend Share

0.598

Earnings Share

2.44

Revenue Per Share

21.804

Quarterly Revenue Growth

(0.15)

The market value of MDU Resources Group is measured differently than its book value, which is the value of MDU that is recorded on the company's balance sheet. Investors also form their own opinion of MDU Resources' value that differs from its market value or its book value, called intrinsic value, which is MDU Resources' 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 MDU Resources' market value can be influenced by many factors that don't directly affect MDU Resources' 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 MDU Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if MDU Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MDU Resources' 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.

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MDU Total Revenue vs Tax Provision Analysis

Total Revenue vs Tax Provision

Total Revenue vs Tax Provision Correlation Analysis

Correlation Coefficient

Total Revenue

Tax Provision

MDU Resources fundamental ratios Correlations

MDU Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

MDU Resources fundamental ratios Accounts

Pair Trading with MDU Resources

Moving together with MDU Stock

Moving against MDU Stock

Complementary Tools for MDU Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Common Stock Shares Outstanding
Net Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets

Current Deferred Revenue	- 0.73	Other Current Liab
Current Deferred Revenue	- 0.61	Other Current Assets
Net Receivables	- 0.45	Non Currrent Assets Other
Non Currrent Assets Other	- 0.45	Net Debt
Non Currrent Assets Other	- 0.43	Short Long Term Debt Total
Total Current Assets	- 0.4	Non Currrent Assets Other