MRC Non Operating Income Net Other from 2010 to 2024

MRC Stock  USD 12.70  0.48  3.64%   
MRC Global's Non Operating Income Net Other is increasing over the years with slightly volatile fluctuation. Non Operating Income Net Other is expected to dwindle to about -7.2 M. During the period from 2010 to 2024 MRC Global Non Operating Income Net Other annual values regression line had coefficient of variation of (248.93) and r-squared of  0.12. View All Fundamentals
 
Non Operating Income Net Other  
First Reported
2011-06-30
Previous Quarter
-3 M
Current Value
-1000 K
Quarterly Volatility
15.8 M
 
Yuan Drop
 
Covid
Check MRC Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MRC Global's main balance sheet or income statement drivers, such as Interest Expense of 43.6 M, Selling General Administrative of 540.2 M or Total Revenue of 3 B, as well as many indicators such as Price To Sales Ratio of 0.41, Dividend Yield of 0.0158 or PTB Ratio of 1.74. MRC financial statements analysis is a perfect complement when working with MRC Global Valuation or Volatility modules.
  
Check out the analysis of MRC Global Correlation against competitors.
For information on how to trade MRC Stock refer to our How to Trade MRC Stock guide.

Latest MRC Global's Non Operating Income Net Other Growth Pattern

Below is the plot of the Non Operating Income Net Other of MRC Global over the last few years. It is MRC Global's Non Operating Income Net Other historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MRC Global's overall financial position and show how it may be relating to other accounts over time.
Non Operating Income Net Other10 Years Trend
Slightly volatile
   Non Operating Income Net Other   
       Timeline  

MRC Non Operating Income Net Other Regression Statistics

Arithmetic Mean(11,522,667)
Coefficient Of Variation(248.93)
Mean Deviation14,018,667
Median(6,900,000)
Standard Deviation28,683,946
Sample Variance822.8T
Range118.8M
R-Value0.34
Mean Square Error782.2T
R-Squared0.12
Significance0.21
Slope2,196,104
Total Sum of Squares11518.8T

MRC Non Operating Income Net Other History

2024-7.2 M
2023-6.9 M
2022-6 M
2021M
2020M
2019M
2018M

About MRC Global Financial Statements

MRC Global stakeholders use historical fundamental indicators, such as MRC Global's Non Operating Income Net Other, to determine how well the company is positioned to perform in the future. Although MRC Global investors may analyze each financial statement separately, they are all interrelated. For example, changes in MRC Global's assets and liabilities are reflected in the revenues and expenses on MRC Global's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in MRC Global. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Non Operating Income Net Other-6.9 M-7.2 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether MRC Global offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MRC Global'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 Mrc Global Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mrc Global Stock:
Check out the analysis of MRC Global Correlation against competitors.
For information on how to trade MRC Stock refer to our How to Trade MRC Stock guide.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Trading Companies & Distributors space 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 MRC Global. If investors know MRC 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 MRC Global 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
(0.18)
Earnings Share
0.87
Revenue Per Share
37.771
Quarterly Revenue Growth
(0.10)
Return On Assets
0.0505
The market value of MRC Global is measured differently than its book value, which is the value of MRC that is recorded on the company's balance sheet. Investors also form their own opinion of MRC Global's value that differs from its market value or its book value, called intrinsic value, which is MRC Global'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 MRC Global's market value can be influenced by many factors that don't directly affect MRC Global'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 MRC Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if MRC Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MRC Global'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.