Mueller Short Term Investments vs Capital Stock Analysis

MLI Stock  USD 80.77  0.06  0.07%   
Mueller Industries financial indicator trend analysis is infinitely more than just investigating Mueller Industries recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mueller Industries is a good investment. Please check the relationship between Mueller Industries Short Term Investments and its Capital Stock accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mueller Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more detail on how to invest in Mueller Stock please use our How to Invest in Mueller Industries guide.

Short Term Investments vs Capital Stock

Short Term Investments vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mueller Industries Short Term Investments account and Capital Stock. At this time, the significance of the direction appears to have very week relationship.
The correlation between Mueller Industries' Short Term Investments and Capital Stock is 0.29. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Mueller Industries, assuming nothing else is changed. The correlation between historical values of Mueller Industries' Short Term Investments and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Mueller Industries are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Short Term Investments i.e., Mueller Industries' Short Term Investments and Capital Stock go up and down completely randomly.

Correlation Coefficient

0.29
Relationship DirectionPositive 
Relationship StrengthVery Weak

Short Term Investments

Short Term Investments is an item under the current assets section of Mueller Industries balance sheet. It contains any investments Mueller Industries undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Mueller Industries can easily liquidate in the marketplace.

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Most indicators from Mueller Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mueller Industries 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 Mueller Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more detail on how to invest in Mueller Stock please use our How to Invest in Mueller Industries guide.As of now, Mueller Industries' Tax Provision is increasing as compared to previous years. The Mueller Industries' current Sales General And Administrative To Revenue is estimated to increase to 0.07, while Selling General Administrative is projected to decrease to under 133.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit830.4M1.1B986.8M1.0B
Total Revenue3.8B4.0B3.4B1.9B

Mueller Industries fundamental ratios Correlations

-0.460.490.50.970.61-0.80.450.840.55-0.270.870.520.1-0.440.54-0.03-0.47-0.070.890.97-0.510.990.450.90.58
-0.46-0.37-0.23-0.64-0.040.77-0.09-0.540.080.3-0.57-0.20.240.99-0.110.3-0.140.86-0.41-0.550.18-0.540.18-0.260.0
0.49-0.370.90.450.78-0.20.780.080.75-0.130.140.870.31-0.30.87-0.12-0.390.010.260.38-0.40.490.480.250.76
0.5-0.230.90.410.76-0.150.940.060.75-0.190.120.960.46-0.160.90.12-0.540.210.240.39-0.220.490.590.310.78
0.97-0.640.450.410.5-0.910.330.890.41-0.30.920.42-0.02-0.630.43-0.12-0.32-0.310.890.98-0.490.980.320.850.45
0.61-0.040.780.760.5-0.140.770.150.97-0.210.20.740.320.00.84-0.23-0.610.340.520.44-0.530.590.770.60.97
-0.80.77-0.2-0.15-0.91-0.14-0.03-0.95-0.030.24-0.96-0.150.190.77-0.110.050.040.59-0.79-0.90.26-0.83-0.01-0.68-0.07
0.45-0.090.780.940.330.77-0.03-0.020.8-0.280.020.950.49-0.010.870.17-0.630.350.210.31-0.280.440.730.360.82
0.84-0.540.080.060.890.15-0.95-0.020.07-0.180.990.09-0.15-0.550.070.05-0.12-0.360.860.93-0.260.840.080.780.09
0.550.080.750.750.410.97-0.030.80.07-0.240.120.740.390.140.86-0.12-0.650.440.410.36-0.560.520.860.550.96
-0.270.3-0.13-0.19-0.3-0.210.24-0.28-0.18-0.24-0.2-0.120.070.29-0.220.380.040.18-0.27-0.240.26-0.28-0.2-0.3-0.25
0.87-0.570.140.120.920.2-0.960.020.990.12-0.20.13-0.13-0.580.140.0-0.15-0.380.850.95-0.310.870.10.780.14
0.52-0.20.870.960.420.74-0.150.950.090.74-0.120.130.45-0.120.890.21-0.570.240.240.41-0.290.510.640.340.77
0.10.240.310.46-0.020.320.190.49-0.150.390.07-0.130.450.30.40.43-0.830.460.00.02-0.280.160.420.120.31
-0.440.99-0.3-0.16-0.630.00.77-0.01-0.550.140.29-0.58-0.120.3-0.030.34-0.20.89-0.41-0.530.14-0.510.22-0.260.05
0.54-0.110.870.90.430.84-0.110.870.070.86-0.220.140.890.4-0.030.05-0.580.30.280.41-0.50.520.730.390.83
-0.030.3-0.120.12-0.12-0.230.050.170.05-0.120.380.00.210.430.340.05-0.310.34-0.210.030.28-0.040.16-0.06-0.22
-0.47-0.14-0.39-0.54-0.32-0.610.04-0.63-0.12-0.650.04-0.15-0.57-0.83-0.2-0.58-0.31-0.48-0.35-0.350.49-0.51-0.67-0.52-0.57
-0.070.860.010.21-0.310.340.590.35-0.360.440.18-0.380.240.460.890.30.34-0.48-0.13-0.22-0.01-0.160.440.040.41
0.89-0.410.260.240.890.52-0.790.210.860.41-0.270.850.240.0-0.410.28-0.21-0.35-0.130.88-0.460.880.290.930.46
0.97-0.550.380.390.980.44-0.90.310.930.36-0.240.950.410.02-0.530.410.03-0.35-0.220.88-0.420.970.30.850.4
-0.510.18-0.4-0.22-0.49-0.530.26-0.28-0.26-0.560.26-0.31-0.29-0.280.14-0.50.280.49-0.01-0.46-0.42-0.55-0.48-0.54-0.49
0.99-0.540.490.490.980.59-0.830.440.840.52-0.280.870.510.16-0.510.52-0.04-0.51-0.160.880.97-0.550.440.890.55
0.450.180.480.590.320.77-0.010.730.080.86-0.20.10.640.420.220.730.16-0.670.440.290.3-0.480.440.570.76
0.9-0.260.250.310.850.6-0.680.360.780.55-0.30.780.340.12-0.260.39-0.06-0.520.040.930.85-0.540.890.570.56
0.580.00.760.780.450.97-0.070.820.090.96-0.250.140.770.310.050.83-0.22-0.570.410.460.4-0.490.550.760.56
Click cells to compare fundamentals

Mueller Industries Account Relationship Matchups

Mueller Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4B1.5B1.7B2.2B2.8B2.9B
Short Long Term Debt Total413.9M327.9M1.9M2.0M35.6M33.8M
Other Current Liab135.9M144.4M194.8M189.9M165.2M93.8M
Total Current Liabilities234.3M339.6M382.4M348.3M317.1M208.2M
Total Stockholder Equity643.5M776.7M1.2B1.8B2.3B2.5B
Property Plant And Equipment Net390.1M405.9M409.1M402.8M420.3M323.1M
Net Debt315.9M208.8M(86.0M)(459.0M)(1.1B)(1.1B)
Accounts Payable85.6M147.7M180.8M128M120.5M79.5M
Cash97.9M119.1M87.9M461.0M1.2B1.2B
Non Current Assets Total677.2M703.2M709.9M707.7M719.3M491.7M
Non Currrent Assets Other287.1M14.4M6.7M20.2M17.5M16.6M
Cash And Short Term Investments97.9M119.1M87.9M678.9M1.3B1.3B
Net Receivables269.9M357.5M471.9M380.4M351.6M233.5M
Common Stock Shares Outstanding112.7M112.8M113.6M113.1M113.7M99.7M
Liabilities And Stockholders Equity1.4B1.5B1.7B2.2B2.8B2.9B
Non Current Liabilities Total474.5M387.9M89.5M80.1M83.4M79.3M
Inventory292.1M315.0M430.2M448.9M380.2M223.6M
Other Current Assets33.8M33.8M29.0M26.5M39.2M26.0M
Other Stockholder Equity(191.6M)(188.9M)(183.8M)(205.5M)(211.2M)(200.7M)
Total Liab708.8M727.5M472.0M428.4M400.6M471.4M
Property Plant And Equipment Gross390.1M405.9M409.1M402.8M1.0B1.1B
Total Current Assets693.8M825.4M1.0B1.5B2.0B2.1B
Short Term Debt12.8M47.5M6.8M5.8M8.7M8.3M
Retained Earnings903.1M1.0B1.5B2.1B2.6B2.7B
Accumulated Other Comprehensive Income(68.8M)(54.9M)(53.3M)(64.2M)(47.2M)(44.9M)
Good Will153.3M167.8M171.3M157.6M151.8M137.3M
Intangible Assets60.1M77.2M61.7M54.8M46.2M68.5M
Other Liab73.4M79.7M71.4M62.0M71.3M69.7M
Other Assets25.4M297.3M300.9M304.9M350.6M368.2M
Long Term Debt378.7M286.6M1.1M1.2M185K175.8K
Treasury Stock(474.2M)(470.2M)(468.9M)(470.0M)(423.0M)(401.9M)
Property Plant Equipment363.1M376.6M409.1M402.8M463.3M345.2M
Short Term Investments48.4M38.0M0.0217.9M98.1M103.1M
Net Tangible Assets430.1M531.8M1.2B1.6B1.8B1.9B
Noncontrolling Interest In Consolidated Entity14.9M18.7M24.3M34.8M31.4M22.0M
Retained Earnings Total Equity824.7M903.1M1.0B1.5B1.7B1.0B
Capital Surpluse278.6M280.1M286.2M297.3M341.9M302.2M

Currently Active Assets on Macroaxis

When determining whether Mueller Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mueller Industries' 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 Mueller Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mueller Industries Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mueller Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more detail on how to invest in Mueller Stock please use our How to Invest in Mueller Industries guide.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Industrial Machinery & Supplies & Components 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 Mueller Industries. If investors know Mueller 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 Mueller Industries 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
0.265
Dividend Share
0.75
Earnings Share
5.14
Revenue Per Share
32.118
Quarterly Revenue Growth
0.217
The market value of Mueller Industries is measured differently than its book value, which is the value of Mueller that is recorded on the company's balance sheet. Investors also form their own opinion of Mueller Industries' value that differs from its market value or its book value, called intrinsic value, which is Mueller Industries' 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 Mueller Industries' market value can be influenced by many factors that don't directly affect Mueller Industries' 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 Mueller Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mueller Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mueller Industries' 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.