Marathon Total Current Liabilities vs Short Long Term Debt Total 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 Liabilities and its Short Long Term Debt Total 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 Liabilities vs Short Long Term Debt Total

Total Current Liabilities vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Marathon Petroleum Corp Total Current Liabilities account and Short Long Term Debt Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Marathon Petroleum's Total Current Liabilities and Short Long Term Debt Total is 0.86. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Short Long Term Debt Total 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 Liabilities and Short Long Term Debt Total 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 Liabilities of Marathon Petroleum Corp are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Total Current Liabilities i.e., Marathon Petroleum's Total Current Liabilities and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Liabilities

Total Current Liabilities is an item on Marathon Petroleum balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Marathon Petroleum Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Short Long Term Debt Total

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

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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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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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.