Martin Other Liab vs Net Receivables Analysis

MMLP Stock  USD 3.13  0.02  0.64%   
Martin Midstream financial indicator trend analysis is infinitely more than just investigating Martin Midstream Partners recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Martin Midstream Partners is a good investment. Please check the relationship between Martin Midstream Other Liab and its Net Receivables accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Martin Midstream Partners. 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.

Other Liab vs Net Receivables

Other Liab vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Martin Midstream Partners Other Liab account and Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Martin Midstream's Other Liab and Net Receivables is -0.42. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Martin Midstream Partners, assuming nothing else is changed. The correlation between historical values of Martin Midstream's Other Liab and Net Receivables 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 Liab of Martin Midstream Partners are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Other Liab i.e., Martin Midstream's Other Liab and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.42
Relationship DirectionNegative 
Relationship StrengthVery Weak

Other Liab

Net Receivables

Most indicators from Martin Midstream's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Martin Midstream Partners 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 Midstream Partners. 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.
As of 06/04/2024, Tax Provision is likely to grow to about 6.2 M, while Selling General Administrative is likely to drop slightly above 38.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit292.6M339.3M106.2M204.2M
Total Revenue882.4M1.0B798.0M868.8M

Martin Midstream fundamental ratios Correlations

0.280.630.640.28-0.240.560.080.10.920.530.69-0.250.930.770.960.890.960.890.990.370.080.610.90.720.14
0.280.330.08-0.040.71-0.17-0.10.230.60.110.390.60.590.030.410.650.410.650.29-0.23-0.10.010.640.180.39
0.630.330.150.210.130.09-0.040.20.63-0.030.550.070.60.280.680.620.660.620.63-0.16-0.040.30.630.44-0.11
0.640.080.150.31-0.450.950.42-0.140.470.840.68-0.120.580.380.440.460.440.450.550.670.420.90.450.880.03
0.28-0.040.210.31-0.40.30.01-0.70.270.150.460.20.290.30.150.260.150.260.240.10.010.260.260.36-0.13
-0.240.710.13-0.45-0.4-0.59-0.330.410.08-0.36-0.040.460.03-0.32-0.050.12-0.060.13-0.21-0.43-0.33-0.420.12-0.290.13
0.56-0.170.090.950.3-0.590.37-0.150.310.840.57-0.250.430.40.330.280.330.280.470.790.370.880.290.81-0.2
0.08-0.1-0.040.420.01-0.330.37-0.10.020.130.220.030.08-0.32-0.040.02-0.040.00.00.011.00.480.010.420.19
0.10.230.2-0.14-0.70.41-0.15-0.10.11-0.060.13-0.070.080.020.230.10.230.10.12-0.06-0.1-0.050.110.01-0.09
0.920.60.630.470.270.080.310.020.110.40.670.040.990.660.951.00.951.00.920.160.030.421.00.590.27
0.530.11-0.030.840.15-0.360.840.13-0.060.40.45-0.090.510.490.40.410.40.40.50.850.130.610.40.580.0
0.690.390.550.680.46-0.040.570.220.130.670.450.140.720.30.580.650.590.650.60.270.220.720.660.86-0.16
-0.250.60.07-0.120.20.46-0.250.03-0.070.04-0.090.140.06-0.3-0.180.09-0.190.09-0.27-0.370.03-0.180.08-0.040.08
0.930.590.60.580.290.030.430.080.080.990.510.720.060.650.930.990.930.990.920.250.080.520.990.670.26
0.770.030.280.380.3-0.320.4-0.320.020.660.490.3-0.30.650.760.630.750.640.80.53-0.320.220.640.30.05
0.960.410.680.440.15-0.050.33-0.040.230.950.40.58-0.180.930.760.931.00.930.980.22-0.040.40.930.540.24
0.890.650.620.460.260.120.280.020.11.00.410.650.090.990.630.930.931.00.90.130.020.391.00.570.32
0.960.410.660.440.15-0.060.33-0.040.230.950.40.59-0.190.930.751.00.930.930.980.22-0.040.410.940.540.23
0.890.650.620.450.260.130.280.00.11.00.40.650.090.990.640.931.00.930.90.130.00.381.00.560.32
0.990.290.630.550.24-0.210.470.00.120.920.50.6-0.270.920.80.980.90.980.90.340.00.50.90.610.19
0.37-0.23-0.160.670.1-0.430.790.01-0.060.160.850.27-0.370.250.530.220.130.220.130.340.010.450.140.38-0.2
0.08-0.1-0.040.420.01-0.330.371.0-0.10.030.130.220.030.08-0.32-0.040.02-0.040.00.00.010.480.010.420.19
0.610.010.30.90.26-0.420.880.48-0.050.420.610.72-0.180.520.220.40.390.410.380.50.450.480.40.96-0.18
0.90.640.630.450.260.120.290.010.111.00.40.660.080.990.640.931.00.941.00.90.140.010.40.570.28
0.720.180.440.880.36-0.290.810.420.010.590.580.86-0.040.670.30.540.570.540.560.610.380.420.960.57-0.14
0.140.39-0.110.03-0.130.13-0.20.19-0.090.270.0-0.160.080.260.050.240.320.230.320.19-0.20.19-0.180.28-0.14
Click cells to compare fundamentals

Martin Midstream Account Relationship Matchups

Martin Midstream fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets667.2M579.6M579.9M598.9M509.4M738.7M
Common Stock Shares Outstanding38.7M38.7M38.7M38.7M38.8M24.4M
Liabilities And Stockholders Equity667.2M579.6M627.9M658.3M509.4M539.0M
Other Current Liab667K207K33.5M28.3M26.6M24.3M
Total Current Liabilities107.3M119.4M104.1M110.9M100.6M116.7M
Total Stockholder Equity(36.2M)(46.9M)816K510.4M(66.2M)(62.9M)
Other Liab8.9M7.1M9.2M8.2M9.5M5.0M
Accounts Payable64.8M51.9M70.3M68.2M58.4M82.5M
Cash2.9M5.0M52K45K54K51.3K
Other Assets26.1M22.3M19.8M16.6M19.1M31.4M
Long Term Debt569.8M484.6M498.9M512.9M421.2M456.4M
Inventory62.5M54.1M62.1M109.8M43.8M62.8M
Other Current Assets5.8M9.0M12.9M13.6M9.2M5.0M
Total Liab703.4M626.5M627.9M658.3M574.0M585.9M
Intangible Assets3.6M2.8M2.2M2.4M55K52.3K
Property Plant Equipment417.2M402.1M367.3M354.3M407.4M478.4M
Short Long Term Debt Total593.9M531.6M514.9M539.1M481.8M483.0M
Property Plant And Equipment Net441.1M402.1M367.3M354.3M366.2M494.5M
Net Debt591.1M526.6M514.8M539.1M481.7M479.4M
Non Current Assets Total485.8M444.0M406.2M387.7M395.1M613.8M
Non Currrent Assets Other2.6M803K1.8M2.3M4.0M4.9M
Cash And Short Term Investments2.9M5.0M52K45K54K51.3K
Net Receivables105.1M67.6M98.6M87.7M61.2M102.3M
Non Current Liabilities Total596.1M507.1M523.8M547.4M473.4M486.8M
Total Current Assets181.4M135.6M173.7M211.1M114.3M179.7M
Short Term Debt6.8M31.5M280K9K14.9M7.9M
Other Stockholder Equity2.1M1.9M50.7M571.5M657.3M690.1M
Property Plant And Equipment Gross441.1M402.1M920.6M938.5M979.1M601.6M
Accumulated Other Comprehensive Income(421.1M)(466.4M)(467.5M)816K734.4K771.1K
Common Stock(38.3M)(48.8M)(50.7M)(61.1M)(55.0M)(52.2M)
Net Tangible Assets(57.5M)(66.5M)(68.9M)(78.5M)(70.7M)(67.1M)
Long Term Debt Total569.8M484.6M498.9M512.9M461.6M513.5M
Deferred Long Term Liab1.7M803K687K1.1M1.3M1.3M
Non Current Liabilities Other26.3M22.5M9.2M8.2M9.5M10.3M
Net Invested Capital533.6M469.2M451.1M453.4M356.5M491.0M

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Additional Tools for Martin Stock Analysis

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