Martin Total Current Liabilities vs Cash And Short Term Investments Analysis
MLM Stock | USD 558.14 2.04 0.36% |
Martin Marietta financial indicator trend analysis is infinitely more than just investigating Martin Marietta Materials recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Martin Marietta Materials is a good investment. Please check the relationship between Martin Marietta Total Current Liabilities and its Cash And Short Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Martin Marietta Materials. 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.
Total Current Liabilities vs Cash And Short Term Investments
Total Current Liabilities vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Martin Marietta Materials Total Current Liabilities account and Cash And Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Martin Marietta's Total Current Liabilities and Cash And Short Term Investments is 0.58. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Martin Marietta Materials, assuming nothing else is changed. The correlation between historical values of Martin Marietta's Total Current Liabilities and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Martin Marietta Materials are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Current Liabilities i.e., Martin Marietta's Total Current Liabilities and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.58 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Current Liabilities
Total Current Liabilities is an item on Martin Marietta balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Martin Marietta Materials are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Martin Marietta Materials balance sheet. This account contains Martin Marietta investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Martin Marietta Materials fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from Martin Marietta's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Martin Marietta Materials 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 Martin Marietta Materials. 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. At this time, Martin Marietta's Selling General Administrative is very stable compared to the past year. As of the 12th of December 2024, Discontinued Operations is likely to grow to about 12.7 M, while Enterprise Value Over EBITDA is likely to drop 9.54.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.3B | 1.4B | 2.0B | 2.1B | Total Revenue | 5.4B | 6.2B | 6.8B | 7.1B |
Martin Marietta fundamental ratios Correlations
Click cells to compare fundamentals
Martin Marietta Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Martin Marietta fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 10.1B | 10.6B | 14.4B | 15.0B | 15.1B | 15.9B | |
Short Long Term Debt Total | 2.8B | 2.7B | 5.2B | 5.0B | 4.9B | 5.2B | |
Other Current Liab | 498.5M | 499.3M | 752.6M | 236.2M | 300.6M | 206.4M | |
Total Current Liabilities | 838.5M | 499.3M | 752.6M | 1.4B | 1.2B | 1.2B | |
Total Stockholder Equity | 5.4B | 5.9B | 6.5B | 7.2B | 8.0B | 8.4B | |
Property Plant And Equipment Net | 5.7B | 5.7B | 6.8B | 6.7B | 6.6B | 6.9B | |
Net Debt | 2.8B | 2.4B | 4.8B | 4.7B | 3.6B | 3.8B | |
Retained Earnings | 2.1B | 2.6B | 3.2B | 3.7B | 4.6B | 4.8B | |
Accounts Payable | 229.6M | 207.8M | 356.2M | 385M | 343.3M | 360.5M | |
Cash | 21.0M | 207.3M | 258.4M | 358M | 1.3B | 1.3B | |
Non Current Assets Total | 8.7B | 8.9B | 12.4B | 12.1B | 11.2B | 11.8B | |
Non Currrent Assets Other | 133.4M | 295.2M | 1.0B | 827M | 561.3M | 589.4M | |
Cash And Short Term Investments | 21.0M | 207.3M | 258.4M | 358M | 1.3B | 1.3B | |
Net Receivables | 573.7M | 575.1M | 774M | 785.9M | 753.3M | 791.0M | |
Common Stock Shares Outstanding | 62.7M | 62.4M | 62.6M | 62.5M | 62.1M | 56.9M | |
Liabilities And Stockholders Equity | 10.1B | 10.6B | 14.4B | 15.0B | 15.1B | 15.9B | |
Non Current Liabilities Total | 3.9B | 4.2B | 7.1B | 6.4B | 5.9B | 6.2B | |
Inventory | 690.8M | 709M | 752.6M | 873.7M | 988.6M | 1.0B | |
Other Current Assets | 141.2M | 79.8M | 137.9M | 859.3M | 905.2M | 950.5M | |
Other Stockholder Equity | 3.4B | 3.4B | 3.5B | 3.5B | 3.5B | 3.7B | |
Total Liab | 4.8B | 4.7B | 7.9B | 7.8B | 7.1B | 7.4B | |
Total Current Assets | 1.4B | 1.7B | 2.0B | 2.9B | 3.9B | 4.1B | |
Short Term Debt | 340.0M | 48.6M | 53.9M | 769M | 473M | 496.7M | |
Intangible Assets | 2.9B | 508M | 1.1B | 847.8M | 697.7M | 827.9M | |
Good Will | 2.4B | 2.4B | 3.5B | 3.6B | 3.4B | 3.6B | |
Property Plant And Equipment Gross | 5.7B | 5.7B | 6.8B | 6.7B | 11.1B | 11.6B | |
Accumulated Other Comprehensive Income | (145.8M) | (158.4M) | (97.6M) | (38.5M) | (49.2M) | (51.7M) | |
Other Liab | 1.1B | 1.6B | 2.0B | 1.5B | 1.7B | 1.8B | |
Other Assets | 133.4M | 748M | 1.3B | 919.2M | 1.1B | 1.1B | |
Long Term Debt | 2.4B | 2.6B | 5.1B | 4.3B | 3.9B | 4.1B | |
Property Plant Equipment | 5.2B | 5.2B | 6.8B | 6.7B | 7.7B | 8.1B | |
Current Deferred Revenue | (229.6M) | (256.4M) | (410.1M) | (343.3M) | (309.0M) | (293.5M) | |
Net Tangible Assets | 2.5B | 3.0B | 2.0B | 2.7B | 3.1B | 1.9B | |
Noncontrolling Interest In Consolidated Entity | 3.0M | 2.5M | 2.6M | 2.3M | 2.1M | 2.0M | |
Retained Earnings Total Equity | 2.1B | 2.6B | 3.2B | 3.7B | 4.3B | 4.5B | |
Long Term Debt Total | 2.4B | 2.6B | 5.1B | 4.3B | 5.0B | 5.2B |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Martin Marietta Materials. 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. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Construction Materials 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 Martin Marietta. If investors know Martin 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 Martin Marietta 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 (0.12) | Dividend Share 3.01 | Earnings Share 32.23 | Revenue Per Share 105.734 | Quarterly Revenue Growth (0.05) |
The market value of Martin Marietta Materials is measured differently than its book value, which is the value of Martin that is recorded on the company's balance sheet. Investors also form their own opinion of Martin Marietta's value that differs from its market value or its book value, called intrinsic value, which is Martin Marietta'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 Martin Marietta's market value can be influenced by many factors that don't directly affect Martin Marietta'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 Martin Marietta's value and its price as these two are different measures arrived at by different means. Investors typically determine if Martin Marietta is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Martin Marietta'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.