Morningstar Net Invested Capital vs Long Term Debt Analysis

MORN Stock

USD 360.40 1.93 0.54%

Morningstar financial indicator trend analysis is infinitely more than just investigating Morningstar recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Morningstar is a good investment. Please check the relationship between Morningstar Net Invested Capital and its Long Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Morningstar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

To learn how to invest in Morningstar Stock, please use our How to Invest in Morningstar guide.

Net Invested Capital vs Long Term Debt

Net Invested Capital vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Morningstar Net Invested Capital account and Long Term Debt. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Morningstar's Net Invested Capital and Long Term Debt is 0.94. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Morningstar, assuming nothing else is changed. The correlation between historical values of Morningstar's Net Invested Capital and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Morningstar are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Net Invested Capital i.e., Morningstar's Net Invested Capital and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Long Term Debt

Long-term debt is a debt that Morningstar has held for over one year. Long-term debt appears on Morningstar balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Morningstar balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most indicators from Morningstar's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Morningstar 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 Morningstar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

To learn how to invest in Morningstar Stock, please use our How to Invest in Morningstar guide.At this time, Morningstar's Selling General Administrative is very stable compared to the past year. As of the 12th of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.23, while Tax Provision is likely to drop about 43.3 M.

	2021	2022	2023	2024 (projected)
Gross Profit	1.0B	1.1B	1.0B	1.1B
Total Revenue	1.7B	1.9B	2.0B	2.1B

Gross Profit Total Revenue

Morningstar fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Common Stock Shares Outstanding	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Other Liab	Accounts Payable	Other Assets	Long Term Debt
Total Assets		0.77	0.23	0.72	0.99	0.99	0.97	0.87	0.95	0.72	1.0	0.82	0.62	0.97	1.0	-0.22	0.96	0.98	-0.67	0.98	0.81	0.8	0.71	0.41	0.13	0.93
Total Stockholder Equity	0.77		0.22	0.48	0.73	0.74	0.66	0.43	0.8	0.91	0.72	0.52	0.89	0.71	0.73	-0.03	0.62	0.68	-0.42	0.67	0.39	0.98	0.8	0.57	0.34	0.55
Common Stock Shares Outstanding	0.23	0.22		0.19	0.24	0.12	0.32	0.16	0.15	-0.09	0.19	-0.16	0.34	0.34	0.19	0.72	0.11	0.19	0.33	0.16	0.42	0.28	-0.23	0.13	-0.4	0.15
Other Current Liab	0.72	0.48	0.19		0.77	0.71	0.75	0.7	0.6	0.4	0.71	0.69	0.38	0.75	0.7	-0.06	0.7	0.73	-0.36	0.73	0.6	0.56	0.3	-0.07	-0.25	0.7
Total Current Liabilities	0.99	0.73	0.24	0.77		0.97	0.99	0.86	0.93	0.68	0.98	0.85	0.58	0.98	0.98	-0.23	0.94	0.99	-0.67	0.98	0.83	0.77	0.65	0.35	0.08	0.92
Property Plant And Equipment Net	0.99	0.74	0.12	0.71	0.97		0.95	0.87	0.95	0.72	0.99	0.84	0.55	0.95	0.99	-0.35	0.96	0.96	-0.75	0.98	0.79	0.75	0.75	0.37	0.16	0.93
Current Deferred Revenue	0.97	0.66	0.32	0.75	0.99	0.95		0.89	0.9	0.6	0.97	0.82	0.52	0.98	0.97	-0.19	0.94	0.98	-0.64	0.97	0.9	0.71	0.57	0.3	-0.03	0.94
Net Debt	0.87	0.43	0.16	0.7	0.86	0.87	0.89		0.72	0.34	0.9	0.81	0.22	0.83	0.89	-0.27	0.96	0.9	-0.62	0.94	0.83	0.47	0.46	0.18	-0.05	0.98
Retained Earnings	0.95	0.8	0.15	0.6	0.93	0.95	0.9	0.72		0.83	0.93	0.73	0.66	0.94	0.95	-0.35	0.87	0.91	-0.78	0.9	0.74	0.81	0.77	0.37	0.14	0.83
Cash	0.72	0.91	-0.09	0.4	0.68	0.72	0.6	0.34	0.83		0.68	0.57	0.83	0.65	0.7	-0.29	0.59	0.63	-0.59	0.63	0.31	0.89	0.88	0.52	0.43	0.5
Non Current Assets Total	1.0	0.72	0.19	0.71	0.98	0.99	0.97	0.9	0.93	0.68		0.85	0.55	0.96	1.0	-0.27	0.98	0.98	-0.7	0.99	0.83	0.75	0.7	0.39	0.13	0.96
Non Currrent Assets Other	0.82	0.52	-0.16	0.69	0.85	0.84	0.82	0.81	0.73	0.57	0.85		0.35	0.75	0.84	-0.41	0.86	0.86	-0.64	0.87	0.66	0.55	0.65	0.3	0.24	0.83
Cash And Short Term Investments	0.62	0.89	0.34	0.38	0.58	0.55	0.52	0.22	0.66	0.83	0.55	0.35		0.57	0.56	0.28	0.43	0.51	-0.14	0.49	0.24	0.92	0.61	0.61	0.32	0.36
Net Receivables	0.97	0.71	0.34	0.75	0.98	0.95	0.98	0.83	0.94	0.65	0.96	0.75	0.57		0.96	-0.2	0.91	0.96	-0.68	0.95	0.87	0.75	0.59	0.26	-0.07	0.9
Good Will	1.0	0.73	0.19	0.7	0.98	0.99	0.97	0.89	0.95	0.7	1.0	0.84	0.56	0.96		-0.29	0.98	0.98	-0.71	0.99	0.83	0.75	0.71	0.39	0.13	0.95
Short Term Investments	-0.22	-0.03	0.72	-0.06	-0.23	-0.35	-0.19	-0.27	-0.35	-0.29	-0.27	-0.41	0.28	-0.2	-0.29		-0.32	-0.27	0.81	-0.29	-0.19	0.04	-0.46	0.15	-0.17	-0.3
Non Current Liabilities Total	0.96	0.62	0.11	0.7	0.94	0.96	0.94	0.96	0.87	0.59	0.98	0.86	0.43	0.91	0.98	-0.32		0.96	-0.71	0.99	0.81	0.65	0.66	0.33	0.11	0.99
Other Current Assets	0.98	0.68	0.19	0.73	0.99	0.96	0.98	0.9	0.91	0.63	0.98	0.86	0.51	0.96	0.98	-0.27	0.96		-0.7	0.98	0.83	0.72	0.63	0.34	0.09	0.95
Other Stockholder Equity	-0.67	-0.42	0.33	-0.36	-0.67	-0.75	-0.64	-0.62	-0.78	-0.59	-0.7	-0.64	-0.14	-0.68	-0.71	0.81	-0.71	-0.7		-0.7	-0.57	-0.4	-0.66	-0.04	-0.08	-0.7
Total Liab	0.98	0.67	0.16	0.73	0.98	0.98	0.97	0.94	0.9	0.63	0.99	0.87	0.49	0.95	0.99	-0.29	0.99	0.98	-0.7		0.83	0.7	0.67	0.34	0.1	0.98
Property Plant And Equipment Gross	0.81	0.39	0.42	0.6	0.83	0.79	0.9	0.83	0.74	0.31	0.83	0.66	0.24	0.87	0.83	-0.19	0.81	0.83	-0.57	0.83		0.43	0.37	0.14	-0.27	0.84
Total Current Assets	0.8	0.98	0.28	0.56	0.77	0.75	0.71	0.47	0.81	0.89	0.75	0.55	0.92	0.75	0.75	0.04	0.65	0.72	-0.4	0.7	0.43		0.74	0.53	0.26	0.59
Other Liab	0.71	0.8	-0.23	0.3	0.65	0.75	0.57	0.46	0.77	0.88	0.7	0.65	0.61	0.59	0.71	-0.46	0.66	0.63	-0.66	0.67	0.37	0.74		0.61	0.58	0.57
Accounts Payable	0.41	0.57	0.13	-0.07	0.35	0.37	0.3	0.18	0.37	0.52	0.39	0.3	0.61	0.26	0.39	0.15	0.33	0.34	-0.04	0.34	0.14	0.53	0.61		0.8	0.24
Other Assets	0.13	0.34	-0.4	-0.25	0.08	0.16	-0.03	-0.05	0.14	0.43	0.13	0.24	0.32	-0.07	0.13	-0.17	0.11	0.09	-0.08	0.1	-0.27	0.26	0.58	0.8		0.0
Long Term Debt	0.93	0.55	0.15	0.7	0.92	0.93	0.94	0.98	0.83	0.5	0.96	0.83	0.36	0.9	0.95	-0.3	0.99	0.95	-0.7	0.98	0.84	0.59	0.57	0.24	0.0

Click cells to compare fundamentals

Morningstar Account Relationship Matchups

Morningstar fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.4B	2.7B	2.9B	3.5B	3.4B	3.6B
Total Stockholder Equity	1.1B	1.3B	1.4B	1.2B	1.3B	705.6M
Liabilities And Stockholders Equity	2.4B	2.7B	2.9B	3.5B	3.4B	3.6B
Other Current Liab	140M	(33.7M)	293.2M	281.3M	216.2M	227.0M
Total Current Liabilities	495.8M	626.5M	783.5M	882.5M	880.8M	924.8M
Property Plant And Equipment Net	299.5M	302.8M	321M	391M	371.6M	390.2M
Current Deferred Revenue	250.1M	306.8M	377.4M	455.6M	517.7M	543.6M
Net Debt	353.5M	204.2M	47.7M	947M	822.3M	863.4M
Retained Earnings	1.2B	1.4B	1.5B	1.5B	1.6B	1.7B
Cash	334.1M	422.5M	483.8M	376.6M	337.9M	240.3M
Non Current Assets Total	1.8B	2.0B	2.0B	2.7B	2.6B	2.7B
Non Currrent Assets Other	25.4M	32.9M	42.8M	45.9M	38.1M	40.0M
Cash And Short Term Investments	367.5M	464.2M	546.1M	414.6M	389M	330.8M
Net Receivables	194.8M	207.3M	277.8M	307.9M	344.5M	361.7M
Good Will	1.0B	1.2B	1.2B	1.6B	1.6B	1.7B
Short Term Investments	33.4M	41.7M	62.3M	38M	51.1M	65.8M
Non Current Liabilities Total	791.5M	798.1M	663.3M	1.4B	1.2B	1.3B
Other Current Assets	40.9M	58.5M	63.7M	88.3M	82.2M	86.3M
Other Stockholder Equity	(73.7M)	(96M)	(75.3M)	(228.9M)	(196.5M)	(186.7M)
Total Liab	1.3B	1.4B	1.4B	2.3B	2.1B	2.2B
Property Plant And Equipment Gross	299.5M	302.8M	321M	391M	1.1B	1.1B
Total Current Assets	603.2M	730M	887.6M	810.8M	815.7M	515.2M
Accumulated Other Comprehensive Income	(60.6M)	(22M)	(35.3M)	(99M)	(86.5M)	(82.2M)
Other Liab	150.7M	211.3M	168.2M	131M	150.7M	75.4M
Accounts Payable	58.9M	233.7M	76.5M	76.2M	78.4M	60.1M
Other Assets	36.1M	226M	55.6M	56.7M	(41.9M)	(39.8M)
Long Term Debt	502.1M	449.1M	359.4M	1.1B	940.3M	987.3M
Treasury Stock	(728.7M)	(767.3M)	(764.3M)	(986.7M)	(888.0M)	(843.6M)
Intangible Assets	333.4M	380.1M	328.2M	548.6M	484.4M	508.6M
Common Stock	934.7M	1.1B	1.3B	1.4B	1.6B	1.7B
Property Plant Equipment	154.7M	155.1M	171.8M	199.4M	229.3M	240.8M
Short Long Term Debt Total	687.6M	626.7M	531.5M	1.3B	1.2B	1.2B
Short Term Debt	46.8M	79.8M	36.4M	69.4M	68.5M	63.1M
Net Tangible Assets	(288.9M)	(313.7M)	(119.3M)	(913.2M)	(821.9M)	(780.8M)
Retained Earnings Total Equity	1.2B	1.4B	1.5B	1.5B	1.8B	999.2M
Capital Surpluse	655M	671.3M	689M	757.8M	871.5M	653.8M

Pair Trading with Morningstar

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 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 will appreciate offsetting losses from the drop in the long position's value.

Moving together with Morningstar Stock

0.83	VALU	Value Line Earnings Call Tomorrow	Pair Corr
0.8	CME	CME Group	Pair Corr
0.63	DNB	Dun Bradstreet Holdings	Pair Corr
0.83	FDS	FactSet Research Systems Earnings Call This Week	Pair Corr

Moving against Morningstar Stock

0.61

QMCI

Quotemedia

Pair Corr

The ability to find closely correlated positions to Morningstar 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 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 - 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 to buy it.

The correlation of Morningstar 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 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Morningstar 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 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 Correlation Correlation Matching

When determining whether Morningstar offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Morningstar'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 Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Morningstar Stock:

How To Invest In Morningstar

Details

Is Morningstar Stock a good investment?

Details

What is Morningstar's Net Worth?

Details

Largest Financial Exchanges & Data Companies

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Largest Financial Data & Stock Exchanges Companies

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Morningstar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

To learn how to invest in Morningstar Stock, please use our How to Invest in Morningstar guide.

You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Is Financial Exchanges & Data 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. 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 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

2.044

Dividend Share

1.615

Earnings Share

7.57

Revenue Per Share

51.995

Quarterly Revenue Growth

0.105

The market value of Morningstar 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's value that differs from its market value or its book value, called intrinsic value, which is Morningstar'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's market value can be influenced by many factors that don't directly affect Morningstar'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's value and its price as these two are different measures arrived at by different means. Investors typically determine if Morningstar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Morningstar'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.

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Morningstar Net Invested Capital vs Long Term Debt Analysis

Net Invested Capital vs Long Term Debt

Net Invested Capital vs Long Term Debt Correlation Analysis

Correlation Coefficient

Net Invested Capital

Long Term Debt

Morningstar fundamental ratios Correlations

Morningstar Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Morningstar fundamental ratios Accounts

Pair Trading with Morningstar

Moving together with Morningstar Stock

Moving against Morningstar Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Good Will	+ 1.0	Total Assets
Good Will	+ 1.0	Non Current Assets Total
Total Current Liabilities	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Assets
Current Deferred Revenue	+ 0.99	Total Current Liabilities

Other Stockholder Equity	- 0.78	Retained Earnings
Other Stockholder Equity	- 0.75	Property Plant And Equipment Net
Other Stockholder Equity	- 0.71	Non Current Liabilities Total
Other Stockholder Equity	- 0.71	Good Will
Long Term Debt	- 0.7	Other Stockholder Equity
Total Liab	- 0.7	Other Stockholder Equity