MorningStar Financial Statements From 2010 to 2025

TXO Stock   19.94  0.21  1.06%   
MorningStar Partners, financial statements provide useful quarterly and yearly information to potential MorningStar Partners, LP investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on MorningStar Partners, financial statements helps investors assess MorningStar Partners,'s valuation, profitability, and current liquidity needs. Key fundamental drivers impacting MorningStar Partners,'s valuation are summarized below:
Gross Profit
142.1 M
Profit Margin
(0.63)
Market Capitalization
807.2 M
Enterprise Value Revenue
3.3463
Revenue
285.5 M
We have found one hundred twenty available fundamental ratios for MorningStar Partners,, which can be analyzed and compared to other ratios and to its peers in the industry. Self-guided Investors are advised to check MorningStar Partners,'s last-minute fundamentals against the trend between 2010 and 2025 to make sure the company can sustain itself down the road.

MorningStar Partners, Total Revenue

265.16 Million

Check MorningStar Partners, financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MorningStar Partners,'s main balance sheet or income statement drivers, such as Interest Income of 556.7 K, Depreciation And Amortization of 52.6 M or Interest Expense of 5.3 M, as well as many indicators such as Price To Sales Ratio of 1.58, Dividend Yield of 0.0856 or PTB Ratio of 1.61. MorningStar financial statements analysis is a perfect complement when working with MorningStar Partners, Valuation or Volatility modules.
  
Check out the analysis of MorningStar Partners, Correlation against competitors.

MorningStar Partners, Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets846.2 M800 M685.2 M
Slightly volatile
Short and Long Term Debt Total24 M25.3 M125.8 M
Slightly volatile
Other Current Liabilities52.1 M29.3 M25.1 M
Slightly volatile
Total Current Liabilities66.2 M45 M33.8 M
Slightly volatile
Total Stockholder Equity506 M544.9 M370.2 M
Slightly volatile
Other Liabilities112.1 M119.7 M102.6 M
Slightly volatile
Net Tangible Assets313.5 M346.1 M282.6 M
Slightly volatile
Property Plant And Equipment Net770 M723.7 M627 M
Slightly volatile
Net Debt20.2 M21.2 M108.9 M
Slightly volatile
Accounts Payable8.5 M9.9 M5.4 M
Slightly volatile
Cash3.9 M4.1 M16.9 M
Slightly volatile
Non Current Assets Total783.6 M736.5 M637.3 M
Slightly volatile
Non Currrent Assets Other13.4 M12.8 M4.2 M
Slightly volatile
Other Assets6.3 M8.1 M3.5 M
Slightly volatile
Long Term Debt24 M25.3 M125.8 M
Slightly volatile
Cash And Short Term Investments3.9 M4.1 M16.9 M
Slightly volatile
Net Receivables37.1 M37.1 M23.1 M
Slightly volatile
Common Stock Shares Outstanding33.3 M34.8 M30.6 M
Slightly volatile
Long Term Debt Total112.9 M108.1 M142.3 M
Slightly volatile
Liabilities And Stockholders Equity846.2 M800 M685.2 M
Slightly volatile
Non Current Liabilities Total199.3 M164.4 M273.6 M
Slightly volatile
Inventory1.4 M1.4 M993.8 K
Slightly volatile
Other Current Assets13.6 M21.2 M7.3 M
Slightly volatile
Total Liabilities247.4 M199.6 M305.7 M
Slightly volatile
Net Invested Capital498 M577.2 M443 M
Slightly volatile
Property Plant And Equipment Gross1.6 B1.9 B1.4 B
Slightly volatile
Total Current Assets62.6 M63.5 M47.9 M
Slightly volatile
Capital Stock506 M544.9 M370.2 M
Slightly volatile
Non Current Liabilities Other2.9 M2.7 M772 K
Slightly volatile
Cash And Equivalents10.3 M8.3 M17.9 M
Slightly volatile
Common Stock373.8 M544.9 M310.5 M
Slightly volatile
Property Plant Equipment795.9 M961.9 M656.4 M
Slightly volatile
Other Stockholder Equity502.7 M565.6 M616.6 M
Slightly volatile

MorningStar Partners, Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Interest Income556.7 K530.1 K240.1 K
Slightly volatile
Depreciation And Amortization52.6 M60.9 M48 M
Slightly volatile
Interest Expense5.3 MM7.4 M
Slightly volatile
Selling General Administrative5.7 M7.1 MM
Very volatile
Total Revenue265.2 M437.8 M172.2 M
Slightly volatile
Gross Profit111.5 M220.5 M56.9 M
Slightly volatile
Other Operating Expenses299.9 M580.2 M204.4 M
Slightly volatile
Cost Of Revenue153.6 M217.4 M115.3 M
Slightly volatile
Total Operating Expenses380.9 M362.8 M103.8 M
Slightly volatile
Reconciled Depreciation46.2 M50.9 M43 M
Slightly volatile
Income Tax Expense63.7 M60.7 M18.5 M
Slightly volatile
Selling And Marketing Expenses120.8 K135.9 K148.2 K
Slightly volatile

MorningStar Partners, Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation2.1 M3.1 M3.6 M
Slightly volatile
Begin Period Cash Flow8.9 M8.3 M7.4 M
Slightly volatile
Depreciation48.5 M60.9 M44.3 M
Slightly volatile
Other Non Cash Items137.8 M196.7 M167.3 M
Slightly volatile
Capital Expenditures8.9 M9.4 M27.5 M
Pretty Stable
Total Cash From Operating Activities84.2 M88.7 M41.8 M
Slightly volatile
Change To Operating Activities5.5 MM3.9 M
Slightly volatile
Issuance Of Capital Stock108.9 M122.2 M70.9 M
Slightly volatile
End Period Cash Flow3.9 M4.1 M16.9 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.581.664.8168
Slightly volatile
Dividend Yield0.08560.08150.0174
Slightly volatile
PTB Ratio1.611.331.9097
Slightly volatile
Days Sales Outstanding59.6935.5353.3301
Pretty Stable
Book Value Per Share12.1614.1111.7592
Slightly volatile
Operating Cash Flow Per Share2.022.31.2949
Slightly volatile
Stock Based Compensation To Revenue0.010.01050.0298
Slightly volatile
Capex To Depreciation1.791.380.8714
Slightly volatile
PB Ratio1.611.331.9097
Slightly volatile
EV To Sales1.641.735.714
Slightly volatile
Inventory Turnover12912240.4038
Slightly volatile
Days Of Inventory On Hand2.292.412.8512
Slightly volatile
Payables Turnover23.6525.2824.0534
Slightly volatile
Sales General And Administrative To Revenue0.03990.02380.0532
Slightly volatile
Average Inventory4.3 M4.8 M5.2 M
Slightly volatile
Capex To Revenue0.02990.03150.1558
Pretty Stable
Cash Per Share0.160.170.567
Slightly volatile
POCF Ratio15.368.1926.7135
Slightly volatile
Capex To Operating Cash Flow0.150.160.668
Very volatile
Days Payables Outstanding15.2414.9415.7758
Slightly volatile
EV To Operating Cash Flow8.128.5431.1636
Slightly volatile
Current Ratio1.571.621.9203
Slightly volatile
Tangible Book Value Per Share12.1614.1111.7592
Slightly volatile
Receivables Turnover5.9910.637.1279
Slightly volatile
Graham Number29.1240.0533.4788
Slightly volatile
Shareholders Equity Per Share12.1614.1111.7592
Slightly volatile
Debt To Equity0.06480.06820.3869
Slightly volatile
Capex Per Share0.380.40.9248
Pretty Stable
Revenue Per Share6.3711.345.3631
Slightly volatile
Interest Debt Per Share1.181.244.4626
Slightly volatile
Debt To Assets0.04410.04650.1944
Slightly volatile
Operating Cycle70.235.5356.3769
Pretty Stable
Price Book Value Ratio1.611.331.9097
Slightly volatile
Days Of Payables Outstanding15.2414.9415.7758
Slightly volatile
Price To Operating Cash Flows Ratio15.368.1926.7135
Slightly volatile
Company Equity Multiplier1.881.691.9363
Slightly volatile
Long Term Debt To Capitalization0.06120.06440.2655
Slightly volatile
Total Debt To Capitalization0.06120.06440.2655
Slightly volatile
Debt Equity Ratio0.06480.06820.3869
Slightly volatile
Quick Ratio1.491.621.8959
Slightly volatile
Dividend Paid And Capex Coverage Ratio1.01.151.4556
Slightly volatile
Net Income Per E B T1.01.861.1984
Slightly volatile
Cash Ratio0.130.11520.8378
Slightly volatile
Cash Conversion Cycle15.6116.4437.8823
Slightly volatile
Operating Cash Flow Sales Ratio0.250.180.2142
Slightly volatile
Days Of Inventory Outstanding2.292.412.8512
Slightly volatile
Days Of Sales Outstanding59.6935.5353.3301
Pretty Stable
Cash Flow Coverage Ratios2.592.470.6753
Slightly volatile
Price To Book Ratio1.611.331.9097
Slightly volatile
Fixed Asset Turnover0.280.540.2566
Slightly volatile
Capital Expenditure Coverage Ratio7.06.662.5838
Slightly volatile
Price Cash Flow Ratio15.368.1926.7135
Slightly volatile
Debt Ratio0.04410.04650.1944
Slightly volatile
Cash Flow To Debt Ratio2.592.470.6753
Slightly volatile
Price Sales Ratio1.581.664.8168
Slightly volatile
Asset Turnover0.260.490.2347
Slightly volatile
Gross Profit Margin0.30.450.2399
Slightly volatile
Price Fair Value1.611.331.9097
Slightly volatile

MorningStar Partners, Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap439.6 M494.6 M539.3 M
Slightly volatile
Enterprise Value458.5 M515.8 M562.4 M
Slightly volatile

MorningStar Fundamental Market Drivers

Cash And Short Term Investments4.5 M

MorningStar Upcoming Events

16th of April 2024
Upcoming Quarterly Report
View
14th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
16th of April 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About MorningStar Partners, Financial Statements

MorningStar Partners, investors utilize fundamental indicators, such as revenue or net income, to predict how MorningStar Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Total Revenue437.8 M265.2 M
Cost Of Revenue217.4 M153.6 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.02  0.04 
Capex To Revenue 0.03  0.03 
Revenue Per Share 11.34  6.37 
Ebit Per Revenue(0.37)(0.36)

Pair Trading with MorningStar Partners,

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MorningStar Partners, position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MorningStar Partners, will appreciate offsetting losses from the drop in the long position's value.

Moving together with MorningStar Stock

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Moving against MorningStar Stock

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The ability to find closely correlated positions to MorningStar Partners, could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MorningStar Partners, when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MorningStar Partners, - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MorningStar Partners, LP to buy it.
The correlation of MorningStar Partners, is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MorningStar Partners, moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MorningStar Partners, moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for MorningStar Partners, can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether MorningStar Partners, offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MorningStar Partners,'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 Morningstar Partners, Lp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Morningstar Partners, Lp Stock:
Check out the analysis of MorningStar Partners, Correlation against competitors.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Oil & Gas Exploration & Production 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 MorningStar Partners,. If investors know MorningStar 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 MorningStar Partners, 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
(0.98)
Dividend Share
2.38
Earnings Share
(6.03)
Revenue Per Share
8.647
Quarterly Revenue Growth
(0.02)
The market value of MorningStar Partners, is measured differently than its book value, which is the value of MorningStar that is recorded on the company's balance sheet. Investors also form their own opinion of MorningStar Partners,'s value that differs from its market value or its book value, called intrinsic value, which is MorningStar Partners,'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 MorningStar Partners,'s market value can be influenced by many factors that don't directly affect MorningStar Partners,'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 MorningStar Partners,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if MorningStar Partners, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MorningStar Partners,'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.