Martin Operating Income vs Depreciation And Amortization Analysis
MLM Stock | USD 571.14 9.61 1.65% |
Martin Marietta financial indicator trend analysis is infinitely more than just investigating Martin Marietta Materials recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Martin Marietta Materials is a good investment. Please check the relationship between Martin Marietta Operating Income and its Depreciation And Amortization accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Martin Marietta Materials. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Operating Income vs Depreciation And Amortization
Operating Income vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Martin Marietta Materials Operating Income account and Depreciation And Amortization. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Martin Marietta's Operating Income and Depreciation And Amortization is 0.92. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Martin Marietta Materials, assuming nothing else is changed. The correlation between historical values of Martin Marietta's Operating Income and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Martin Marietta Materials are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Operating Income i.e., Martin Marietta's Operating Income and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Operating Income
Operating Income is the amount of profit realized from Martin Marietta Materials operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Martin Marietta Materials is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Most indicators from Martin Marietta's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Martin Marietta Materials 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 Martin Marietta Materials. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. At this time, Martin Marietta's Selling General Administrative is very stable compared to the past year. As of the 21st of May 2024, Discontinued Operations is likely to grow to about 12.7 M, while Enterprise Value Over EBITDA is likely to drop 9.61.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.3B | 1.4B | 2.0B | 2.1B | Total Revenue | 5.4B | 6.2B | 6.8B | 7.1B |
Martin Marietta fundamental ratios Correlations
Click cells to compare fundamentals
Martin Marietta Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Martin Marietta fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 10.1B | 10.6B | 14.4B | 15.0B | 15.5B | 16.3B | |
Short Long Term Debt Total | 2.8B | 2.6B | 5.1B | 5.0B | 4.9B | 5.2B | |
Other Current Liab | 498.5M | 499.3M | 752.6M | 361.5M | 697.2M | 732.1M | |
Total Current Liabilities | 838.5M | 499.3M | 752.6M | 1.4B | 1.2B | 1.2B | |
Total Stockholder Equity | 5.4B | 5.9B | 6.5B | 7.2B | 8.0B | 8.4B | |
Property Plant And Equipment Net | 5.7B | 5.7B | 6.8B | 6.7B | 6.6B | 6.9B | |
Net Debt | 2.8B | 2.4B | 4.8B | 4.7B | 3.6B | 3.8B | |
Retained Earnings | 2.1B | 2.6B | 3.2B | 3.7B | 4.6B | 4.8B | |
Accounts Payable | 229.6M | 207.8M | 356.2M | 385M | 343.3M | 360.5M | |
Cash | 21.0M | 207.3M | 258.4M | 358M | 1.3B | 1.3B | |
Non Current Assets Total | 8.7B | 8.9B | 12.4B | 12.1B | 11.6B | 12.1B | |
Non Currrent Assets Other | 133.4M | 295.2M | 1.0B | 827M | 1.4B | 1.5B | |
Cash And Short Term Investments | 21.0M | 207.3M | 258.4M | 358M | 1.3B | 1.3B | |
Net Receivables | 573.7M | 575.1M | 774M | 785.9M | 753.3M | 791.0M | |
Common Stock Shares Outstanding | 62.7M | 62.4M | 62.6M | 62.5M | 62.1M | 56.9M | |
Liabilities And Stockholders Equity | 10.1B | 10.6B | 14.4B | 15.0B | 15.5B | 16.3B | |
Non Current Liabilities Total | 3.9B | 4.2B | 7.1B | 6.4B | 6.3B | 6.6B | |
Inventory | 690.8M | 709M | 752.6M | 873.7M | 988.6M | 1.0B | |
Other Current Assets | 141.2M | 79.8M | 137.9M | 153.9M | 894.7M | 939.4M | |
Other Stockholder Equity | 3.4B | 3.4B | 3.5B | 3.5B | 3.5B | 3.7B | |
Total Liab | 4.8B | 4.7B | 7.9B | 7.8B | 7.4B | 7.8B | |
Total Current Assets | 1.4B | 1.7B | 2.0B | 2.9B | 3.9B | 4.1B | |
Short Term Debt | 340.0M | 48.6M | 53.9M | 699.1M | 473M | 496.7M | |
Intangible Assets | 2.9B | 508M | 1.1B | 847.8M | 697.7M | 827.9M | |
Good Will | 2.4B | 2.4B | 3.5B | 3.6B | 3.4B | 3.6B | |
Property Plant And Equipment Gross | 5.7B | 5.7B | 6.8B | 6.7B | 11.1B | 11.6B | |
Accumulated Other Comprehensive Income | (145.8M) | (158.4M) | (97.6M) | (38.5M) | (49.2M) | (51.7M) | |
Other Liab | 1.1B | 1.6B | 2.0B | 1.5B | 1.7B | 1.8B | |
Other Assets | 133.4M | 748M | 1.3B | 919.2M | 1.1B | 1.1B | |
Long Term Debt | 2.4B | 2.6B | 5.1B | 4.3B | 3.9B | 4.1B | |
Property Plant Equipment | 5.2B | 5.2B | 6.8B | 6.7B | 7.7B | 8.1B | |
Current Deferred Revenue | (229.6M) | (256.4M) | (410.1M) | (343.3M) | (309.0M) | (293.5M) | |
Net Tangible Assets | 2.5B | 3.0B | 2.0B | 2.7B | 3.1B | 1.9B | |
Noncontrolling Interest In Consolidated Entity | 3.0M | 2.5M | 2.6M | 2.3M | 2.1M | 2.0M | |
Retained Earnings Total Equity | 2.1B | 2.6B | 3.2B | 3.7B | 4.3B | 4.5B | |
Long Term Debt Total | 2.4B | 2.6B | 5.1B | 4.3B | 5.0B | 5.2B |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Martin Marietta Materials. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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Is Martin Marietta'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 Martin Marietta. If investors know Martin 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 Martin Marietta 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 7.658 | Dividend Share 2.88 | Earnings Share 34.03 | Revenue Per Share 107.953 | Quarterly Revenue Growth (0.08) |
The market value of Martin Marietta Materials is measured differently than its book value, which is the value of Martin that is recorded on the company's balance sheet. Investors also form their own opinion of Martin Marietta's value that differs from its market value or its book value, called intrinsic value, which is Martin Marietta'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 Martin Marietta's market value can be influenced by many factors that don't directly affect Martin Marietta'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 Martin Marietta's value and its price as these two are different measures arrived at by different means. Investors typically determine if Martin Marietta is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Martin Marietta'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.