Marathon Total Assets vs Property Plant And Equipment Gross Analysis

MPC Stock  USD 182.93  2.00  1.11%   
Marathon Petroleum financial indicator trend analysis is infinitely more than just investigating Marathon Petroleum Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Marathon Petroleum Corp is a good investment. Please check the relationship between Marathon Petroleum Total Assets and its Property Plant And Equipment Gross accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marathon Petroleum Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

Total Assets vs Property Plant And Equipment Gross

Total Assets vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Marathon Petroleum Corp Total Assets account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Marathon Petroleum's Total Assets and Property Plant And Equipment Gross is 0.93. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Marathon Petroleum Corp, assuming nothing else is changed. The correlation between historical values of Marathon Petroleum's Total Assets and Property Plant And Equipment Gross 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 Assets of Marathon Petroleum Corp are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Total Assets i.e., Marathon Petroleum's Total Assets and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of Marathon Petroleum assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Marathon Petroleum Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Property Plant And Equipment Gross

Most indicators from Marathon Petroleum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Marathon Petroleum Corp 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 Marathon Petroleum Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
At present, Marathon Petroleum's Enterprise Value Over EBITDA is projected to increase based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 8.58, whereas Selling General Administrative is forecasted to decline to about 2.1 B.
 2021 2022 2023 2024 (projected)
Gross Profit10.4B26.6B16.6B10.5B
Total Revenue120.5B178.2B148.5B98.4B

Marathon Petroleum fundamental ratios Correlations

0.990.650.870.940.980.690.950.770.330.97-0.10.390.720.87-0.390.880.990.970.620.210.910.930.820.680.96
0.990.680.860.90.970.660.980.710.270.95-0.120.350.680.82-0.360.881.00.950.720.220.930.910.830.750.98
0.650.680.760.490.550.130.610.640.480.510.310.670.70.32-0.50.670.680.60.72-0.360.760.710.820.880.68
0.870.860.760.740.770.460.760.950.640.750.050.670.940.6-0.370.780.860.830.6-0.030.930.930.970.720.82
0.940.90.490.740.950.770.880.670.250.97-0.10.30.610.95-0.340.830.910.940.440.310.760.840.660.490.87
0.980.970.550.770.950.730.970.650.170.99-0.170.250.590.9-0.380.850.970.960.580.280.850.860.710.620.95
0.690.660.130.460.770.730.710.37-0.120.76-0.120.010.260.850.040.780.660.710.30.60.450.490.350.320.55
0.950.980.610.760.880.970.710.570.070.95-0.140.180.530.84-0.310.880.980.930.730.30.870.830.720.740.96
0.770.710.640.950.670.650.370.570.780.640.060.760.980.52-0.360.640.720.730.33-0.120.810.870.890.50.67
0.330.270.480.640.250.17-0.120.070.780.160.080.840.830.03-0.290.180.280.260.07-0.340.440.550.680.190.25
0.970.950.510.750.970.990.760.950.640.16-0.130.230.570.94-0.370.850.960.960.520.30.810.840.670.580.93
-0.1-0.120.310.05-0.1-0.17-0.12-0.140.060.08-0.130.40.08-0.07-0.420.16-0.12-0.03-0.15-0.67-0.10.010.00.27-0.09
0.390.350.670.670.30.250.010.180.760.840.230.40.820.08-0.430.430.350.330.12-0.530.510.630.70.440.34
0.720.680.70.940.610.590.260.530.980.830.570.080.820.42-0.360.610.690.680.38-0.180.810.870.920.520.66
0.870.820.320.60.950.90.850.840.520.030.94-0.070.080.42-0.240.790.830.890.350.420.630.690.470.410.78
-0.39-0.36-0.5-0.37-0.34-0.380.04-0.31-0.36-0.29-0.37-0.42-0.43-0.36-0.24-0.22-0.37-0.47-0.10.65-0.33-0.5-0.35-0.35-0.43
0.880.880.670.780.830.850.780.880.640.180.850.160.430.610.79-0.220.880.850.620.210.790.80.740.770.83
0.991.00.680.860.910.970.660.980.720.280.96-0.120.350.690.83-0.370.880.950.690.210.930.920.830.730.98
0.970.950.60.830.940.960.710.930.730.260.96-0.030.330.680.89-0.470.850.950.530.160.850.890.750.620.92
0.620.720.720.60.440.580.30.730.330.070.52-0.150.120.380.35-0.10.620.690.530.220.690.520.690.830.68
0.210.22-0.36-0.030.310.280.60.3-0.12-0.340.3-0.67-0.53-0.180.420.650.210.210.160.220.03-0.03-0.05-0.160.13
0.910.930.760.930.760.850.450.870.810.440.81-0.10.510.810.63-0.330.790.930.850.690.030.920.910.780.93
0.930.910.710.930.840.860.490.830.870.550.840.010.630.870.69-0.50.80.920.890.52-0.030.920.910.640.91
0.820.830.820.970.660.710.350.720.890.680.670.00.70.920.47-0.350.740.830.750.69-0.050.910.910.740.8
0.680.750.880.720.490.620.320.740.50.190.580.270.440.520.41-0.350.770.730.620.83-0.160.780.640.740.73
0.960.980.680.820.870.950.550.960.670.250.93-0.090.340.660.78-0.430.830.980.920.680.130.930.910.80.73
Click cells to compare fundamentals

Marathon Petroleum Account Relationship Matchups

Marathon Petroleum fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets98.6B85.2B85.4B89.9B87.4B58.5B
Short Long Term Debt Total31.3B33.1B26.9B27.9B28.5B16.3B
Other Current Liab897M2.7B1.0B3.3B2.8B2.9B
Total Current Liabilities16.1B15.7B17.9B20.0B20.2B12.6B
Total Stockholder Equity33.7B22.2B26.2B27.7B24.4B19.7B
Property Plant And Equipment Net48.1B40.6B38.8B36.9B36.3B28.3B
Current Deferred Revenue2.3B1.8B2.1B1.2B1.4B1.7B
Net Debt29.8B32.5B21.6B19.3B23.1B13.5B
Accounts Payable11.6B7.8B13.7B15.3B13.8B9.3B
Cash1.5B555M5.3B8.6B5.4B2.8B
Non Current Assets Total78.4B56.9B54.9B54.7B55.3B39.8B
Non Currrent Assets Other(3.0B)(3.6B)(3.2B)(2.8B)3.0B3.2B
Cash And Short Term Investments1.5B555M10.8B11.8B10.2B10.7B
Net Receivables7.9B5.8B11.0B13.5B11.6B6.6B
Good Will20.2B20.0B8.3B8.2B9.5B6.3B
Common Stock Shares Outstanding664M649M638M516M409M487.1M
Liabilities And Stockholders Equity90.1B78.1B79.0B83.5B87.4B55.6B
Non Current Liabilities Total39.3B39.3B33.9B34.8B35.9B21.7B
Inventory10.2B8.0B8.1B8.8B9.3B6.7B
Other Current Assets528M2.7B568M1.2B971M553.0M
Other Stockholder Equity18.0B18.1B13.4B1.6B(10.0B)(9.5B)
Total Liab55.4B54.9B51.8B54.8B56.0B32.9B
Property Plant And Equipment Gross48.1B40.6B62.0B62.7B65.0B33.6B
Total Current Assets20.2B28.3B30.5B35.2B32.1B18.7B
Accumulated Other Comprehensive Income(320M)(512M)(67M)2M(131M)(137.6M)
Short Term Debt1.3B3.4B1.0B1.4B2.4B2.5B
Other Liab9.3B9.5B8.0B8.3B9.6B5.4B
Other Assets3.4B9.6B2.4B3.1B3.5B2.1B
Long Term Debt28.1B28.7B24.4B25.2B25.3B15.8B
Intangible Assets2.9B2.4B2.1B10.1B11.6B12.2B
Property Plant Equipment45.6B39.0B38.8B36.9B42.4B28.4B
Net Tangible Assets14.6B14.9B20.0B20.4B23.5B14.3B
Noncontrolling Interest In Consolidated Entity8.4B7.1B6.4B6.4B7.4B5.4B
Retained Earnings16.0B4.7B12.9B26.1B34.6B36.3B
Retained Earnings Total Equity16.0B4.7B12.9B26.1B30.1B31.6B
Capital Surpluse33.2B33.2B33.3B33.4B38.4B21.9B

Marathon Petroleum Investors Sentiment

The influence of Marathon Petroleum's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Marathon. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Marathon Petroleum's public news can be used to forecast risks associated with an investment in Marathon. The trend in average sentiment can be used to explain how an investor holding Marathon can time the market purely based on public headlines and social activities around Marathon Petroleum Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Marathon Petroleum's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Marathon Petroleum's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Marathon Petroleum's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Marathon Petroleum.

Marathon Petroleum Implied Volatility

    
  50.55  
Marathon Petroleum's implied volatility exposes the market's sentiment of Marathon Petroleum Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Marathon Petroleum's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Marathon Petroleum stock will not fluctuate a lot when Marathon Petroleum's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Marathon Petroleum in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Marathon Petroleum's short interest history, or implied volatility extrapolated from Marathon Petroleum options trading.

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When determining whether Marathon Petroleum Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Marathon Petroleum'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 Marathon Petroleum Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Marathon Petroleum Corp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marathon Petroleum Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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When running Marathon Petroleum's price analysis, check to measure Marathon Petroleum'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 Marathon Petroleum is operating at the current time. Most of Marathon Petroleum's value examination focuses on studying past and present price action to predict the probability of Marathon Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marathon Petroleum's price. Additionally, you may evaluate how the addition of Marathon Petroleum to your portfolios can decrease your overall portfolio volatility.
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Is Marathon Petroleum'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 Marathon Petroleum. If investors know Marathon 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 Marathon Petroleum 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
(0.58)
Dividend Share
3.225
Earnings Share
20.12
Revenue Per Share
381.603
Quarterly Revenue Growth
(0.06)
The market value of Marathon Petroleum Corp is measured differently than its book value, which is the value of Marathon that is recorded on the company's balance sheet. Investors also form their own opinion of Marathon Petroleum's value that differs from its market value or its book value, called intrinsic value, which is Marathon Petroleum'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 Marathon Petroleum's market value can be influenced by many factors that don't directly affect Marathon Petroleum'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 Marathon Petroleum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Marathon Petroleum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marathon Petroleum'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.