Marathon Total Current Assets vs Cash And Short Term Investments 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 Current Assets and its Cash And Short Term Investments 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 Current Assets vs Cash And Short Term Investments
Total Current Assets vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Marathon Petroleum Corp Total Current Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Marathon Petroleum's Total Current Assets and Cash And Short Term Investments is 0.7. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Cash And Short Term Investments 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 Current Assets and Cash And Short Term Investments 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 Current Assets of Marathon Petroleum Corp are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Current Assets i.e., Marathon Petroleum's Total Current Assets and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.7 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Marathon Petroleum Corp balance sheet. This account contains Marathon Petroleum investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Marathon Petroleum Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.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 Profit | 10.4B | 26.6B | 16.6B | 10.5B | Total Revenue | 120.5B | 178.2B | 148.5B | 98.4B |
Marathon Petroleum fundamental ratios Correlations
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Marathon Petroleum Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Marathon Petroleum fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 98.6B | 85.2B | 85.4B | 89.9B | 87.4B | 58.5B | |
Short Long Term Debt Total | 31.3B | 33.1B | 26.9B | 27.9B | 28.5B | 16.3B | |
Other Current Liab | 897M | 2.7B | 1.0B | 3.3B | 2.8B | 2.9B | |
Total Current Liabilities | 16.1B | 15.7B | 17.9B | 20.0B | 20.2B | 12.6B | |
Total Stockholder Equity | 33.7B | 22.2B | 26.2B | 27.7B | 24.4B | 19.7B | |
Property Plant And Equipment Net | 48.1B | 40.6B | 38.8B | 36.9B | 36.3B | 28.3B | |
Current Deferred Revenue | 2.3B | 1.8B | 2.1B | 1.2B | 1.4B | 1.7B | |
Net Debt | 29.8B | 32.5B | 21.6B | 19.3B | 23.1B | 13.5B | |
Accounts Payable | 11.6B | 7.8B | 13.7B | 15.3B | 13.8B | 9.3B | |
Cash | 1.5B | 555M | 5.3B | 8.6B | 5.4B | 2.8B | |
Non Current Assets Total | 78.4B | 56.9B | 54.9B | 54.7B | 55.3B | 39.8B | |
Non Currrent Assets Other | (3.0B) | (3.6B) | (3.2B) | (2.8B) | 3.0B | 3.2B | |
Cash And Short Term Investments | 1.5B | 555M | 10.8B | 11.8B | 10.2B | 10.7B | |
Net Receivables | 7.9B | 5.8B | 11.0B | 13.5B | 11.6B | 6.6B | |
Good Will | 20.2B | 20.0B | 8.3B | 8.2B | 9.5B | 6.3B | |
Common Stock Shares Outstanding | 664M | 649M | 638M | 516M | 409M | 487.1M | |
Liabilities And Stockholders Equity | 90.1B | 78.1B | 79.0B | 83.5B | 87.4B | 55.6B | |
Non Current Liabilities Total | 39.3B | 39.3B | 33.9B | 34.8B | 35.9B | 21.7B | |
Inventory | 10.2B | 8.0B | 8.1B | 8.8B | 9.3B | 6.7B | |
Other Current Assets | 528M | 2.7B | 568M | 1.2B | 971M | 553.0M | |
Other Stockholder Equity | 18.0B | 18.1B | 13.4B | 1.6B | (10.0B) | (9.5B) | |
Total Liab | 55.4B | 54.9B | 51.8B | 54.8B | 56.0B | 32.9B | |
Property Plant And Equipment Gross | 48.1B | 40.6B | 62.0B | 62.7B | 65.0B | 33.6B | |
Total Current Assets | 20.2B | 28.3B | 30.5B | 35.2B | 32.1B | 18.7B | |
Accumulated Other Comprehensive Income | (320M) | (512M) | (67M) | 2M | (131M) | (137.6M) | |
Short Term Debt | 1.3B | 3.4B | 1.0B | 1.4B | 2.4B | 2.5B | |
Other Liab | 9.3B | 9.5B | 8.0B | 8.3B | 9.6B | 5.4B | |
Other Assets | 3.4B | 9.6B | 2.4B | 3.1B | 3.5B | 2.1B | |
Long Term Debt | 28.1B | 28.7B | 24.4B | 25.2B | 25.3B | 15.8B | |
Intangible Assets | 2.9B | 2.4B | 2.1B | 10.1B | 11.6B | 12.2B | |
Property Plant Equipment | 45.6B | 39.0B | 38.8B | 36.9B | 42.4B | 28.4B | |
Net Tangible Assets | 14.6B | 14.9B | 20.0B | 20.4B | 23.5B | 14.3B | |
Noncontrolling Interest In Consolidated Entity | 8.4B | 7.1B | 6.4B | 6.4B | 7.4B | 5.4B | |
Retained Earnings | 16.0B | 4.7B | 12.9B | 26.1B | 34.6B | 36.3B | |
Retained Earnings Total Equity | 16.0B | 4.7B | 12.9B | 26.1B | 30.1B | 31.6B | |
Capital Surpluse | 33.2B | 33.2B | 33.3B | 33.4B | 38.4B | 21.9B |
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Try AI Portfolio ArchitectCheck 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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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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.