Martin Property Plant And Equipment Net vs Other Current Assets 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 Property Plant And Equipment Net and its Other Current Assets 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.

Property Plant And Equipment Net vs Other Current Assets

Property Plant And Equipment Net vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Martin Midstream Partners Property Plant And Equipment Net account and Other Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Martin Midstream's Property Plant And Equipment Net and Other Current Assets is -0.19. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Other Current Assets 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 Property Plant And Equipment Net and Other Current 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 Property Plant And Equipment Net of Martin Midstream Partners are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Property Plant And Equipment Net i.e., Martin Midstream's Property Plant And Equipment Net and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.19

Relationship Direction	Negative
Relationship Strength	Insignificant

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Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

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 Profit	292.6M	339.3M	106.2M	204.2M
Total Revenue	882.4M	1.0B	798.0M	868.8M

Gross Profit Total Revenue

Martin Midstream fundamental ratios Correlations

	Total Assets	Common Stock Shares Outstanding	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Accounts Payable	Cash	Other Assets	Long Term Debt	Good Will	Inventory	Other Current Assets	Total Liab	Intangible Assets	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Total Current Assets	Short Term Debt
Total Assets		0.28	0.63	0.64	0.28	-0.24	0.56	0.08	0.1	0.92	0.53	0.69	-0.25	0.93	0.77	0.96	0.89	0.96	0.89	0.99	0.37	0.08	0.61	0.9	0.72	0.14
Common Stock Shares Outstanding	0.28		0.33	0.08	-0.04	0.71	-0.17	-0.1	0.23	0.6	0.11	0.39	0.6	0.59	0.03	0.41	0.65	0.41	0.65	0.29	-0.23	-0.1	0.01	0.64	0.18	0.39
Other Current Liab	0.63	0.33		0.15	0.21	0.13	0.09	-0.04	0.2	0.63	-0.03	0.55	0.07	0.6	0.28	0.68	0.62	0.66	0.62	0.63	-0.16	-0.04	0.3	0.63	0.44	-0.11
Total Current Liabilities	0.64	0.08	0.15		0.31	-0.45	0.95	0.42	-0.14	0.47	0.84	0.68	-0.12	0.58	0.38	0.44	0.46	0.44	0.45	0.55	0.67	0.42	0.9	0.45	0.88	0.03
Total Stockholder Equity	0.28	-0.04	0.21	0.31		-0.4	0.3	0.01	-0.7	0.27	0.15	0.46	0.2	0.29	0.3	0.15	0.26	0.15	0.26	0.24	0.1	0.01	0.26	0.26	0.36	-0.13
Other Liab	-0.24	0.71	0.13	-0.45	-0.4		-0.59	-0.33	0.41	0.08	-0.36	-0.04	0.46	0.03	-0.32	-0.05	0.12	-0.06	0.13	-0.21	-0.43	-0.33	-0.42	0.12	-0.29	0.13
Accounts Payable	0.56	-0.17	0.09	0.95	0.3	-0.59		0.37	-0.15	0.31	0.84	0.57	-0.25	0.43	0.4	0.33	0.28	0.33	0.28	0.47	0.79	0.37	0.88	0.29	0.81	-0.2
Cash	0.08	-0.1	-0.04	0.42	0.01	-0.33	0.37		-0.1	0.02	0.13	0.22	0.03	0.08	-0.32	-0.04	0.02	-0.04	0.0	0.0	0.01	1.0	0.48	0.01	0.42	0.19
Other Assets	0.1	0.23	0.2	-0.14	-0.7	0.41	-0.15	-0.1		0.11	-0.06	0.13	-0.07	0.08	0.02	0.23	0.1	0.23	0.1	0.12	-0.06	-0.1	-0.05	0.11	0.01	-0.09
Long Term Debt	0.92	0.6	0.63	0.47	0.27	0.08	0.31	0.02	0.11		0.4	0.67	0.04	0.99	0.66	0.95	1.0	0.95	1.0	0.92	0.16	0.03	0.42	1.0	0.59	0.27
Good Will	0.53	0.11	-0.03	0.84	0.15	-0.36	0.84	0.13	-0.06	0.4		0.45	-0.09	0.51	0.49	0.4	0.41	0.4	0.4	0.5	0.85	0.13	0.61	0.4	0.58	0.0
Inventory	0.69	0.39	0.55	0.68	0.46	-0.04	0.57	0.22	0.13	0.67	0.45		0.14	0.72	0.3	0.58	0.65	0.59	0.65	0.6	0.27	0.22	0.72	0.66	0.86	-0.16
Other Current Assets	-0.25	0.6	0.07	-0.12	0.2	0.46	-0.25	0.03	-0.07	0.04	-0.09	0.14		0.06	-0.3	-0.18	0.09	-0.19	0.09	-0.27	-0.37	0.03	-0.18	0.08	-0.04	0.08
Total Liab	0.93	0.59	0.6	0.58	0.29	0.03	0.43	0.08	0.08	0.99	0.51	0.72	0.06		0.65	0.93	0.99	0.93	0.99	0.92	0.25	0.08	0.52	0.99	0.67	0.26
Intangible Assets	0.77	0.03	0.28	0.38	0.3	-0.32	0.4	-0.32	0.02	0.66	0.49	0.3	-0.3	0.65		0.76	0.63	0.75	0.64	0.8	0.53	-0.32	0.22	0.64	0.3	0.05
Property Plant Equipment	0.96	0.41	0.68	0.44	0.15	-0.05	0.33	-0.04	0.23	0.95	0.4	0.58	-0.18	0.93	0.76		0.93	1.0	0.93	0.98	0.22	-0.04	0.4	0.93	0.54	0.24
Short Long Term Debt Total	0.89	0.65	0.62	0.46	0.26	0.12	0.28	0.02	0.1	1.0	0.41	0.65	0.09	0.99	0.63	0.93		0.93	1.0	0.9	0.13	0.02	0.39	1.0	0.57	0.32
Property Plant And Equipment Net	0.96	0.41	0.66	0.44	0.15	-0.06	0.33	-0.04	0.23	0.95	0.4	0.59	-0.19	0.93	0.75	1.0	0.93		0.93	0.98	0.22	-0.04	0.41	0.94	0.54	0.23
Net Debt	0.89	0.65	0.62	0.45	0.26	0.13	0.28	0.0	0.1	1.0	0.4	0.65	0.09	0.99	0.64	0.93	1.0	0.93		0.9	0.13	0.0	0.38	1.0	0.56	0.32
Non Current Assets Total	0.99	0.29	0.63	0.55	0.24	-0.21	0.47	0.0	0.12	0.92	0.5	0.6	-0.27	0.92	0.8	0.98	0.9	0.98	0.9		0.34	0.0	0.5	0.9	0.61	0.19
Non Currrent Assets Other	0.37	-0.23	-0.16	0.67	0.1	-0.43	0.79	0.01	-0.06	0.16	0.85	0.27	-0.37	0.25	0.53	0.22	0.13	0.22	0.13	0.34		0.01	0.45	0.14	0.38	-0.2
Cash And Short Term Investments	0.08	-0.1	-0.04	0.42	0.01	-0.33	0.37	1.0	-0.1	0.03	0.13	0.22	0.03	0.08	-0.32	-0.04	0.02	-0.04	0.0	0.0	0.01		0.48	0.01	0.42	0.19
Net Receivables	0.61	0.01	0.3	0.9	0.26	-0.42	0.88	0.48	-0.05	0.42	0.61	0.72	-0.18	0.52	0.22	0.4	0.39	0.41	0.38	0.5	0.45	0.48		0.4	0.96	-0.18
Non Current Liabilities Total	0.9	0.64	0.63	0.45	0.26	0.12	0.29	0.01	0.11	1.0	0.4	0.66	0.08	0.99	0.64	0.93	1.0	0.94	1.0	0.9	0.14	0.01	0.4		0.57	0.28
Total Current Assets	0.72	0.18	0.44	0.88	0.36	-0.29	0.81	0.42	0.01	0.59	0.58	0.86	-0.04	0.67	0.3	0.54	0.57	0.54	0.56	0.61	0.38	0.42	0.96	0.57		-0.14
Short Term Debt	0.14	0.39	-0.11	0.03	-0.13	0.13	-0.2	0.19	-0.09	0.27	0.0	-0.16	0.08	0.26	0.05	0.24	0.32	0.23	0.32	0.19	-0.2	0.19	-0.18	0.28	-0.14

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Martin Midstream Account Relationship Matchups

Martin Midstream fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	667.2M	579.6M	579.9M	598.9M	509.4M	738.7M
Common Stock Shares Outstanding	38.7M	38.7M	38.7M	38.7M	38.8M	24.4M
Liabilities And Stockholders Equity	667.2M	579.6M	627.9M	658.3M	509.4M	539.0M
Other Current Liab	667K	207K	33.5M	28.3M	26.6M	24.3M
Total Current Liabilities	107.3M	119.4M	104.1M	110.9M	100.6M	116.7M
Total Stockholder Equity	(36.2M)	(46.9M)	816K	510.4M	(66.2M)	(62.9M)
Other Liab	8.9M	7.1M	9.2M	8.2M	9.5M	5.0M
Accounts Payable	64.8M	51.9M	70.3M	68.2M	58.4M	82.5M
Cash	2.9M	5.0M	52K	45K	54K	51.3K
Other Assets	26.1M	22.3M	19.8M	16.6M	19.1M	31.4M
Long Term Debt	569.8M	484.6M	498.9M	512.9M	421.2M	456.4M
Inventory	62.5M	54.1M	62.1M	109.8M	43.8M	62.8M
Other Current Assets	5.8M	9.0M	12.9M	13.6M	9.2M	5.0M
Total Liab	703.4M	626.5M	627.9M	658.3M	574.0M	585.9M
Intangible Assets	3.6M	2.8M	2.2M	2.4M	55K	52.3K
Property Plant Equipment	417.2M	402.1M	367.3M	354.3M	407.4M	478.4M
Short Long Term Debt Total	593.9M	531.6M	514.9M	539.1M	481.8M	483.0M
Property Plant And Equipment Net	441.1M	402.1M	367.3M	354.3M	366.2M	494.5M
Net Debt	591.1M	526.6M	514.8M	539.1M	481.7M	479.4M
Non Current Assets Total	485.8M	444.0M	406.2M	387.7M	395.1M	613.8M
Non Currrent Assets Other	2.6M	803K	1.8M	2.3M	4.0M	4.9M
Cash And Short Term Investments	2.9M	5.0M	52K	45K	54K	51.3K
Net Receivables	105.1M	67.6M	98.6M	87.7M	61.2M	102.3M
Non Current Liabilities Total	596.1M	507.1M	523.8M	547.4M	473.4M	486.8M
Total Current Assets	181.4M	135.6M	173.7M	211.1M	114.3M	179.7M
Short Term Debt	6.8M	31.5M	280K	9K	14.9M	7.9M
Other Stockholder Equity	2.1M	1.9M	50.7M	571.5M	657.3M	690.1M
Property Plant And Equipment Gross	441.1M	402.1M	920.6M	938.5M	979.1M	601.6M
Accumulated Other Comprehensive Income	(421.1M)	(466.4M)	(467.5M)	816K	734.4K	771.1K
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 Total	569.8M	484.6M	498.9M	512.9M	461.6M	513.5M
Deferred Long Term Liab	1.7M	803K	687K	1.1M	1.3M	1.3M
Non Current Liabilities Other	26.3M	22.5M	9.2M	8.2M	9.5M	10.3M
Net Invested Capital	533.6M	469.2M	451.1M	453.4M	356.5M	491.0M

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Martin Property Plant And Equipment Net vs Other Current Assets Analysis

Property Plant And Equipment Net vs Other Current Assets

Property Plant And Equipment Net vs Other Current Assets Correlation Analysis

Correlation Coefficient

Property Plant And Equipment Net

Other Current Assets

Martin Midstream fundamental ratios Correlations

Martin Midstream Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Martin Midstream fundamental ratios Accounts

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Additional Tools for Martin Stock Analysis

COMMON DESTINATIONS

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COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Short Long Term Debt Total	+ 1.0	Long Term Debt
Net Debt	+ 1.0	Long Term Debt
Non Current Liabilities Total	+ 1.0	Long Term Debt
Property Plant And Equipment Net	+ 1.0	Property Plant Equipment
Net Debt	+ 1.0	Short Long Term Debt Total

Other Assets	- 0.7	Total Stockholder Equity
Accounts Payable	- 0.59	Other Liab
Other Liab	- 0.45	Total Current Liabilities
Non Currrent Assets Other	- 0.43	Other Liab
Net Receivables	- 0.42	Other Liab
Other Liab	- 0.4	Total Stockholder Equity