Mplx Lp Stock Current Ratio

MPLX Stock

USD 50.53 0.88 1.77%

MPLX LP fundamentals help investors to digest information that contributes to MPLX LP's financial success or failures. It also enables traders to predict the movement of MPLX Stock. The fundamental analysis module provides a way to measure MPLX LP's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to MPLX LP stock.

		Last Reported	Projected for Next Year
	Current Ratio	1.07	1.66

Current Ratio is likely to rise to 1.66 in 2024.

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MPLX LP Company Current Ratio Analysis

MPLX LP's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Current Ratio

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current MPLX LP Current Ratio

0.78 X

Most of MPLX LP's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, MPLX LP is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

MPLX Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for MPLX LP is extremely important. It helps to project a fair market value of MPLX Stock properly, considering its historical fundamentals such as Current Ratio. Since MPLX LP's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of MPLX LP's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of MPLX LP's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Accounts Payable	Long Term Debt	Good Will	Short Term Investments	Total Liab	Intangible Assets	Property Plant Equipment	Current Deferred Revenue	Net Debt	Net Receivables	Total Current Assets	Short Term Debt	Deferred Long Term Liab	Common Stock	Net Tangible Assets	Long Term Debt Total	Short Long Term Debt	Long Term Investments	Net Invested Capital	Net Working Capital
Total Assets		0.96	0.94	0.98	0.91	0.84	0.99	0.94	1.0	0.91	0.98	0.87	0.75	0.64	0.62	0.95	0.68	0.98	-0.03	0.86	0.79	0.11
Total Stockholder Equity	0.96		0.92	0.89	0.86	0.69	0.9	0.94	0.96	0.81	0.89	0.79	0.68	0.61	0.71	1.0	0.83	0.89	0.18	0.76	0.71	0.1
Accounts Payable	0.94	0.92		0.91	0.82	0.76	0.92	0.89	0.93	0.79	0.9	0.79	0.65	0.61	0.6	0.92	0.73	0.89	-0.05	0.91	0.77	0.1
Long Term Debt	0.98	0.89	0.91		0.91	0.9	1.0	0.9	0.98	0.93	1.0	0.89	0.76	0.62	0.55	0.88	0.57	1.0	-0.14	0.87	0.81	0.14
Good Will	0.91	0.86	0.82	0.91		0.9	0.91	0.88	0.89	0.85	0.91	0.97	0.91	0.62	0.5	0.87	0.56	0.92	-0.06	0.84	0.86	0.27
Short Term Investments	0.84	0.69	0.76	0.9	0.9		0.89	0.74	0.83	0.84	0.91	0.94	0.88	0.64	0.39	0.7	0.38	0.92	-0.25	0.84	0.8	0.34
Total Liab	0.99	0.9	0.92	1.0	0.91	0.89		0.9	0.98	0.93	1.0	0.89	0.76	0.62	0.55	0.89	0.58	0.99	-0.14	0.88	0.81	0.11
Intangible Assets	0.94	0.94	0.89	0.9	0.88	0.74	0.9		0.92	0.79	0.9	0.77	0.62	0.41	0.68	0.93	0.64	0.88	0.03	0.8	0.85	0.0
Property Plant Equipment	1.0	0.96	0.93	0.98	0.89	0.83	0.98	0.92		0.91	0.97	0.85	0.74	0.66	0.64	0.95	0.71	0.97	0.0	0.83	0.74	0.13
Current Deferred Revenue	0.91	0.81	0.79	0.93	0.85	0.84	0.93	0.79	0.91		0.94	0.84	0.75	0.69	0.46	0.8	0.51	0.93	-0.17	0.78	0.75	0.14
Net Debt	0.98	0.89	0.9	1.0	0.91	0.91	1.0	0.9	0.97	0.94		0.9	0.77	0.62	0.54	0.88	0.56	1.0	-0.15	0.88	0.82	0.14
Net Receivables	0.87	0.79	0.79	0.89	0.97	0.94	0.89	0.77	0.85	0.84	0.9		0.96	0.71	0.39	0.79	0.51	0.91	-0.13	0.84	0.8	0.33
Total Current Assets	0.75	0.68	0.65	0.76	0.91	0.88	0.76	0.62	0.74	0.75	0.77	0.96		0.75	0.31	0.7	0.5	0.81	-0.06	0.69	0.64	0.52
Short Term Debt	0.64	0.61	0.61	0.62	0.62	0.64	0.62	0.41	0.66	0.69	0.62	0.71	0.75		0.45	0.64	0.7	0.65	0.03	0.57	0.33	0.49
Deferred Long Term Liab	0.62	0.71	0.6	0.55	0.5	0.39	0.55	0.68	0.64	0.46	0.54	0.39	0.31	0.45		0.71	0.71	0.53	0.44	0.41	0.43	0.14
Common Stock	0.95	1.0	0.92	0.88	0.87	0.7	0.89	0.93	0.95	0.8	0.88	0.79	0.7	0.64	0.71		0.85	0.88	0.18	0.77	0.7	0.13
Net Tangible Assets	0.68	0.83	0.73	0.57	0.56	0.38	0.58	0.64	0.71	0.51	0.56	0.51	0.5	0.7	0.71	0.85		0.57	0.41	0.46	0.31	0.29
Long Term Debt Total	0.98	0.89	0.89	1.0	0.92	0.92	0.99	0.88	0.97	0.93	1.0	0.91	0.81	0.65	0.53	0.88	0.57		-0.14	0.86	0.79	0.2
Short Long Term Debt	-0.03	0.18	-0.05	-0.14	-0.06	-0.25	-0.14	0.03	0.0	-0.17	-0.15	-0.13	-0.06	0.03	0.44	0.18	0.41	-0.14		-0.35	-0.22	0.02
Long Term Investments	0.86	0.76	0.91	0.87	0.84	0.84	0.88	0.8	0.83	0.78	0.88	0.84	0.69	0.57	0.41	0.77	0.46	0.86	-0.35		0.86	0.03
Net Invested Capital	0.79	0.71	0.77	0.81	0.86	0.8	0.81	0.85	0.74	0.75	0.82	0.8	0.64	0.33	0.43	0.7	0.31	0.79	-0.22	0.86		0.0
Net Working Capital	0.11	0.1	0.1	0.14	0.27	0.34	0.11	0.0	0.13	0.14	0.14	0.33	0.52	0.49	0.14	0.13	0.29	0.2	0.02	0.03	0.0

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MPLX Current Ratio Historical Pattern

Today, most investors in MPLX LP Stock are looking for potential investment opportunities by analyzing not only static indicators but also various MPLX LP's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of MPLX LP current ratio as a starting point in their analysis.

MPLX LP Current Ratio

Timeline

Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).

Competition

Predict MPLX LP

Current Ratio Over Time

MPLX Price To Sales Ratio

Price To Sales Ratio

4.76

At this time, MPLX LP's Price To Sales Ratio is fairly stable compared to the past year.

In accordance with the recently published financial statements, MPLX LP has a Current Ratio of 0.78 times. This is 44.29% lower than that of the Oil, Gas & Consumable Fuels sector and 17.89% lower than that of the Energy industry. The current ratio for all United States stocks is 63.89% higher than that of the company.

MPLX Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MPLX LP's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of MPLX LP could also be used in its relative valuation, which is a method of valuing MPLX LP by comparing valuation metrics of similar companies.

MPLX LP is currently under evaluation in current ratio category among its peers.

MPLX LP ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, MPLX LP's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to MPLX LP's managers, analysts, and investors.

Environmental

Governance

Social

MPLX Fundamentals

	Return On Equity	0.32
	Return On Asset	0.074
	Profit Margin	0.39 %
	Operating Margin	0.40 %
	Current Valuation	71.9 B
	Shares Outstanding	1.02 B
	Shares Owned By Insiders	63.74 %
	Shares Owned By Institutions	25.30 %
	Number Of Shares Shorted	10.22 M
	Price To Earning	8.94 X
	Price To Book	3.74 X
	Price To Sales	4.66 X
	Revenue	10.68 B
	Gross Profit	6.12 B
	EBITDA	6.11 B
	Net Income	3.93 B
	Cash And Equivalents	121 M
	Cash Per Share	0.12 X
	Total Debt	20.91 B
	Debt To Equity	1.51 %
	Current Ratio	0.78 X
	Book Value Per Share	13.17 X
	Cash Flow From Operations	5.4 B
	Short Ratio	5.18 X
	Earnings Per Share	4.24 X
	Price To Earnings To Growth	2.40 X
	Target Price	50.49
	Beta	1.34
	Market Capitalization	51.48 B
	Total Asset	36.53 B
	Retained Earnings	(12.46 B)
	Working Capital	184 M
	Current Asset	576 M
	Current Liabilities	625 M
	Annual Yield	0.08 %
	Five Year Return	9.83 %
	Net Asset	36.53 B
	Last Dividend Paid	3.51

About MPLX LP Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze MPLX LP's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MPLX LP using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MPLX LP based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for MPLX Stock Analysis

When running MPLX LP's price analysis, check to measure MPLX LP'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 MPLX LP is operating at the current time. Most of MPLX LP's value examination focuses on studying past and present price action to predict the probability of MPLX LP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MPLX LP's price. Additionally, you may evaluate how the addition of MPLX LP to your portfolios can decrease your overall portfolio volatility.

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