Marathon Accounts Payable vs Total Current Assets Analysis

MRO Stock  USD 27.77  0.03  0.11%   
Marathon Oil financial indicator trend analysis is infinitely more than just investigating Marathon Oil recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Marathon Oil is a good investment. Please check the relationship between Marathon Oil Accounts Payable and its Total Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marathon Oil. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Marathon Stock, please use our How to Invest in Marathon Oil guide.

Accounts Payable vs Total Current Assets

Accounts Payable vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Marathon Oil Accounts Payable account and Total Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Marathon Oil's Accounts Payable and Total Current Assets is 0.55. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Marathon Oil, assuming nothing else is changed. The correlation between historical values of Marathon Oil's Accounts Payable and Total 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 Accounts Payable of Marathon Oil are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Accounts Payable i.e., Marathon Oil's Accounts Payable and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.55
Relationship DirectionPositive 
Relationship StrengthWeak

Accounts Payable

An accounting item on the balance sheet that represents Marathon Oil obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Marathon Oil are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

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.
Most indicators from Marathon Oil's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Marathon Oil 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 Oil. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Marathon Stock, please use our How to Invest in Marathon Oil guide.At this time, Marathon Oil's Selling General Administrative is very stable compared to the past year. As of the 28th of April 2024, Tax Provision is likely to grow to about 502.9 M, though Discontinued Operations is likely to grow to (4.2 B).
 2021 2022 2023 2024 (projected)
Total Operating Expenses757M867M673M639.4M
Cost Of Revenue3.3B3.2B3.7B3.5B

Marathon Oil fundamental ratios Correlations

0.76-0.610.610.970.990.490.430.990.670.430.620.080.93-0.130.550.280.950.74-0.070.640.210.740.40.70.03
0.76-0.490.210.760.790.710.520.770.520.520.20.130.79-0.220.30.140.690.5-0.030.220.190.740.570.84-0.11
-0.61-0.49-0.19-0.73-0.66-0.31-0.28-0.63-0.16-0.28-0.37-0.54-0.40.82-0.160.06-0.38-0.190.0-0.06-0.51-0.31-0.18-0.690.69
0.610.21-0.190.470.540.28-0.150.570.42-0.150.8-0.350.450.20.57-0.190.720.410.070.880.290.11-0.040.030.24
0.970.76-0.730.470.990.440.530.980.570.530.50.180.84-0.30.440.280.830.71-0.120.490.310.720.40.73-0.16
0.990.79-0.660.540.990.520.461.00.630.460.550.080.89-0.180.490.280.90.73-0.110.550.290.760.420.71-0.03
0.490.71-0.310.280.440.52-0.20.540.65-0.20.32-0.160.52-0.090.34-0.030.50.060.020.180.30.410.170.580.01
0.430.52-0.28-0.150.530.46-0.20.41-0.041.0-0.210.310.43-0.16-0.010.40.280.7-0.14-0.01-0.070.590.60.41-0.1
0.990.77-0.630.570.981.00.540.410.680.410.590.070.91-0.150.540.290.920.72-0.10.590.260.750.40.710.01
0.670.52-0.160.420.570.630.65-0.040.68-0.040.49-0.160.740.220.590.380.730.43-0.110.52-0.030.590.220.450.37
0.430.52-0.28-0.150.530.46-0.21.00.41-0.04-0.210.310.43-0.16-0.010.40.280.7-0.14-0.01-0.070.590.60.41-0.1
0.620.2-0.370.80.50.550.32-0.210.590.49-0.210.110.52-0.110.550.020.710.360.310.80.140.16-0.120.310.07
0.080.13-0.54-0.350.180.08-0.160.310.07-0.160.310.110.09-0.77-0.070.22-0.060.010.22-0.3-0.170.10.220.53-0.54
0.930.79-0.40.450.840.890.520.430.910.740.430.520.090.050.560.440.940.72-0.050.55-0.060.860.510.740.25
-0.13-0.220.820.2-0.3-0.18-0.09-0.16-0.150.22-0.16-0.11-0.770.050.160.230.110.19-0.170.3-0.390.060.0-0.530.91
0.550.3-0.160.570.440.490.34-0.010.540.59-0.010.55-0.070.560.160.280.650.48-0.330.57-0.120.320.00.30.36
0.280.140.06-0.190.280.28-0.030.40.290.380.40.020.220.440.230.280.270.62-0.180.01-0.530.570.350.210.49
0.950.69-0.380.720.830.90.50.280.920.730.280.71-0.060.940.110.650.270.71-0.010.750.060.710.380.580.28
0.740.5-0.190.410.710.730.060.70.720.430.70.360.010.720.190.480.620.71-0.090.55-0.090.710.450.330.35
-0.07-0.030.00.07-0.12-0.110.02-0.14-0.1-0.11-0.140.310.22-0.05-0.17-0.33-0.18-0.01-0.090.07-0.040.02-0.08-0.03-0.07
0.640.22-0.060.880.490.550.18-0.010.590.52-0.010.8-0.30.550.30.570.010.750.550.070.050.18-0.140.110.33
0.210.19-0.510.290.310.290.3-0.070.26-0.03-0.070.14-0.17-0.06-0.39-0.12-0.530.06-0.09-0.040.05-0.04-0.010.08-0.58
0.740.74-0.310.110.720.760.410.590.750.590.590.160.10.860.060.320.570.710.710.020.18-0.040.670.620.25
0.40.57-0.18-0.040.40.420.170.60.40.220.6-0.120.220.510.00.00.350.380.45-0.08-0.14-0.010.670.40.12
0.70.84-0.690.030.730.710.580.410.710.450.410.310.530.74-0.530.30.210.580.33-0.030.110.080.620.4-0.34
0.03-0.110.690.24-0.16-0.030.01-0.10.010.37-0.10.07-0.540.250.910.360.490.280.35-0.070.33-0.580.250.12-0.34
Click cells to compare fundamentals

Marathon Oil Account Relationship Matchups

Marathon Oil fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets20.2B18.0B17.0B19.9B19.6B25.6B
Short Long Term Debt Total5.5B5.4B4.0B5.9B5.4B5.5B
Other Current Liab438M376M260M625M312M409.2M
Total Current Liabilities1.7B1.2B1.6B2.3B3.9B4.4B
Total Stockholder Equity12.2B10.6B10.7B11.4B11.2B11.9B
Property Plant And Equipment Net17B15.6B14.5B17.4B17.2B18.4B
Net Debt4.6B4.7B3.4B5.6B5.3B4.5B
Cash858M742M580M334M155M147.3M
Non Current Assets Total18.1B16.3B15.2B18.3B18.0B20.8B
Non Currrent Assets Other352M259M224M315M360M570.9M
Cash And Short Term Investments858M742M580M334M155M147.3M
Net Receivables1.1B747M1.1B1.1B1.2B2.1B
Common Stock Shares Outstanding810M792M788M687M608M780.2M
Liabilities And Stockholders Equity20.2B18.0B17.0B19.9B19.6B25.6B
Non Current Liabilities Total6.3B6.2B4.7B6.2B4.4B8.8B
Inventory72M76M77M125M186M176.7M
Other Current Assets83M47M22M66M76M136.8M
Other Stockholder Equity3.1B3.1B2.4B(309M)(1.8B)(1.7B)
Total Liab8.1B7.4B6.3B8.5B8.4B13.2B
Total Current Assets2.1B1.6B1.8B1.7B1.6B1.5B
Short Term Debt101M70M36M402M2.1B2.2B
Accounts Payable1.3B837M1.1B1.3B1.4B2.2B
Property Plant And Equipment Gross17B15.6B36.9B41.3B43.1B22.2B
Accumulated Other Comprehensive Income63M105M73M82M106M86.1M
Other Liab739M695M644M666M599.4M569.4M
Other Assets151M706M137M168M193.2M183.5M
Long Term Debt5.5B5.4B4.0B5.5B3.4B5.7B
Treasury Stock(3.3B)(3.8B)(4.1B)(4.8B)(4.3B)(4.1B)
Property Plant Equipment17B15.6B14.5B17.4B20.0B22.2B
Retained Earnings8.0B6.5B7.3B10.7B12.0B11.6B
Net Tangible Assets12.1B10.6B10.7B11.4B10.3B12.7B
Retained Earnings Total Equity8.0B6.5B7.3B10.7B9.6B9.8B
Long Term Debt Total5.5B5.4B4.0B5.5B5.0B4.8B

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When determining whether Marathon Oil offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Marathon Oil'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 Oil Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Marathon Oil Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marathon Oil. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Marathon Stock, please use our How to Invest in Marathon Oil guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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When running Marathon Oil's price analysis, check to measure Marathon Oil'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 Oil is operating at the current time. Most of Marathon Oil's value examination focuses on studying past and present price action to predict the probability of Marathon Oil'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 Oil's price. Additionally, you may evaluate how the addition of Marathon Oil to your portfolios can decrease your overall portfolio volatility.
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Is Marathon Oil'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 Oil. 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 Oil 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
(0.17)
Dividend Share
0.42
Earnings Share
2.56
Revenue Per Share
10.631
Quarterly Revenue Growth
(0)
The market value of Marathon Oil 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 Oil's value that differs from its market value or its book value, called intrinsic value, which is Marathon Oil'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 Oil's market value can be influenced by many factors that don't directly affect Marathon Oil'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 Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Marathon Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marathon Oil'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.