MPLX Capital Expenditures vs Net Income Analysis

MPLX Stock

USD 48.24 0.49 1.03%

MPLX LP financial indicator trend analysis is infinitely more than just investigating MPLX LP recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MPLX LP is a good investment. Please check the relationship between MPLX LP Capital Expenditures and its Net Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MPLX LP. 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 information on how to buy MPLX Stock please use our How to Invest in MPLX LP guide.

Capital Expenditures vs Net Income

Capital Expenditures vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MPLX LP Capital Expenditures account and Net Income. At this time, the significance of the direction appears to have very week relationship.

The correlation between MPLX LP's Capital Expenditures and Net Income is 0.22. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Net Income in the same time period over historical financial statements of MPLX LP, assuming nothing else is changed. The correlation between historical values of MPLX LP's Capital Expenditures and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of MPLX LP are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Capital Expenditures i.e., MPLX LP's Capital Expenditures and Net Income go up and down completely randomly.

Correlation Coefficient

0.22

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Capital Expenditures

Capital Expenditures are funds used by MPLX LP to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of MPLX LP operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in MPLX LP financial statement analysis. It represents the amount of money remaining after all of MPLX LP operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from MPLX LP's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MPLX LP 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 MPLX LP. 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 information on how to buy MPLX Stock please use our How to Invest in MPLX LP guide.At this time, MPLX LP's Tax Provision is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 12.64 in 2024, whereas Selling General Administrative is likely to drop slightly above 227.5 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	4.1B	4.3B	4.8B	5.1B
Total Revenue	9.6B	10.5B	10.7B	11.2B

Gross Profit Total Revenue

MPLX LP fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Accounts Payable	Cash	Other Assets	Long Term Debt	Good Will	Common Stock Shares Outstanding	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total
Total Assets		0.8	0.94	0.96	0.91	0.94	0.25	0.53	0.98	0.91	0.96	0.84	0.89	0.63	0.99	0.94	1.0	0.98	1.0	0.91	0.98	1.0	0.43	0.25	0.87	0.99
Other Current Liab	0.8		0.9	0.71	0.72	0.7	0.14	0.61	0.81	0.81	0.81	0.73	0.74	0.39	0.83	0.8	0.77	0.8	0.78	0.74	0.82	0.8	0.3	0.14	0.76	0.8
Total Current Liabilities	0.94	0.9		0.86	0.88	0.85	0.26	0.69	0.94	0.88	0.95	0.83	0.89	0.47	0.96	0.84	0.94	0.94	0.93	0.91	0.94	0.94	0.46	0.26	0.87	0.94
Total Stockholder Equity	0.96	0.71	0.86		0.89	0.92	0.23	0.43	0.89	0.86	0.84	0.69	0.82	0.61	0.9	0.94	0.96	0.89	0.96	0.81	0.89	0.96	0.35	0.23	0.79	0.9
Other Liab	0.91	0.72	0.88	0.89		0.82	0.2	0.51	0.88	0.8	0.83	0.73	0.81	0.53	0.89	0.82	0.92	0.88	0.91	0.81	0.88	0.91	0.31	0.2	0.76	0.88
Accounts Payable	0.94	0.7	0.85	0.92	0.82		0.16	0.45	0.91	0.82	0.88	0.76	0.81	0.5	0.92	0.89	0.93	0.91	0.94	0.79	0.9	0.94	0.4	0.16	0.79	0.92
Cash	0.25	0.14	0.26	0.23	0.2	0.16		0.7	0.26	0.51	0.26	0.49	0.59	-0.06	0.24	0.1	0.25	0.28	0.24	0.3	0.26	0.25	0.84	1.0	0.58	0.26
Other Assets	0.53	0.61	0.69	0.43	0.51	0.45	0.7		0.56	0.7	0.59	0.69	0.82	-0.05	0.57	0.34	0.51	0.58	0.5	0.59	0.58	0.53	0.85	0.7	0.81	0.54
Long Term Debt	0.98	0.81	0.94	0.89	0.88	0.91	0.26	0.56		0.91	0.98	0.9	0.89	0.63	1.0	0.9	0.98	1.0	0.98	0.93	1.0	0.98	0.46	0.26	0.89	1.0
Good Will	0.91	0.81	0.88	0.86	0.8	0.82	0.51	0.7	0.91		0.88	0.9	0.96	0.56	0.91	0.88	0.89	0.91	0.9	0.85	0.91	0.92	0.63	0.51	0.97	0.91
Common Stock Shares Outstanding	0.96	0.81	0.95	0.84	0.83	0.88	0.26	0.59	0.98	0.88		0.9	0.88	0.6	0.99	0.85	0.95	0.99	0.95	0.95	0.99	0.96	0.48	0.26	0.88	0.98
Short Term Investments	0.84	0.73	0.83	0.69	0.73	0.76	0.49	0.69	0.9	0.9	0.9		0.91	0.5	0.89	0.74	0.83	0.9	0.84	0.84	0.91	0.84	0.64	0.49	0.94	0.9
Inventory	0.89	0.74	0.89	0.82	0.81	0.81	0.59	0.82	0.89	0.96	0.88	0.91		0.45	0.89	0.76	0.88	0.9	0.88	0.88	0.9	0.89	0.73	0.59	0.98	0.89
Other Current Assets	0.63	0.39	0.47	0.61	0.53	0.5	-0.06	-0.05	0.63	0.56	0.6	0.5	0.45		0.62	0.72	0.63	0.62	0.65	0.68	0.63	0.63	-0.01	-0.06	0.46	0.64
Total Liab	0.99	0.83	0.96	0.9	0.89	0.92	0.24	0.57	1.0	0.91	0.99	0.89	0.89	0.62		0.9	0.98	1.0	0.98	0.93	1.0	0.99	0.45	0.24	0.89	1.0
Intangible Assets	0.94	0.8	0.84	0.94	0.82	0.89	0.1	0.34	0.9	0.88	0.85	0.74	0.76	0.72	0.9		0.92	0.89	0.94	0.79	0.9	0.94	0.23	0.1	0.77	0.91
Property Plant Equipment	1.0	0.77	0.94	0.96	0.92	0.93	0.25	0.51	0.98	0.89	0.95	0.83	0.88	0.63	0.98	0.92		0.98	1.0	0.91	0.97	0.99	0.41	0.25	0.85	0.98
Short Long Term Debt Total	0.98	0.8	0.94	0.89	0.88	0.91	0.28	0.58	1.0	0.91	0.99	0.9	0.9	0.62	1.0	0.89	0.98		0.98	0.94	1.0	0.98	0.49	0.28	0.9	1.0
Property Plant And Equipment Net	1.0	0.78	0.93	0.96	0.91	0.94	0.24	0.5	0.98	0.9	0.95	0.84	0.88	0.65	0.98	0.94	1.0	0.98		0.91	0.97	1.0	0.4	0.24	0.86	0.98
Current Deferred Revenue	0.91	0.74	0.91	0.81	0.81	0.79	0.3	0.59	0.93	0.85	0.95	0.84	0.88	0.68	0.93	0.79	0.91	0.94	0.91		0.94	0.91	0.5	0.3	0.84	0.93
Net Debt	0.98	0.82	0.94	0.89	0.88	0.9	0.26	0.58	1.0	0.91	0.99	0.91	0.9	0.63	1.0	0.9	0.97	1.0	0.97	0.94		0.98	0.48	0.26	0.9	1.0
Non Current Assets Total	1.0	0.8	0.94	0.96	0.91	0.94	0.25	0.53	0.98	0.92	0.96	0.84	0.89	0.63	0.99	0.94	0.99	0.98	1.0	0.91	0.98		0.43	0.25	0.88	0.99
Non Currrent Assets Other	0.43	0.3	0.46	0.35	0.31	0.4	0.84	0.85	0.46	0.63	0.48	0.64	0.73	-0.01	0.45	0.23	0.41	0.49	0.4	0.5	0.48	0.43		0.84	0.75	0.46
Cash And Short Term Investments	0.25	0.14	0.26	0.23	0.2	0.16	1.0	0.7	0.26	0.51	0.26	0.49	0.59	-0.06	0.24	0.1	0.25	0.28	0.24	0.3	0.26	0.25	0.84		0.58	0.26
Net Receivables	0.87	0.76	0.87	0.79	0.76	0.79	0.58	0.81	0.89	0.97	0.88	0.94	0.98	0.46	0.89	0.77	0.85	0.9	0.86	0.84	0.9	0.88	0.75	0.58		0.89
Non Current Liabilities Total	0.99	0.8	0.94	0.9	0.88	0.92	0.26	0.54	1.0	0.91	0.98	0.9	0.89	0.64	1.0	0.91	0.98	1.0	0.98	0.93	1.0	0.99	0.46	0.26	0.89

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MPLX LP Account Relationship Matchups

MPLX LP fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	40.4B	36.4B	35.5B	35.7B	36.5B	20.8B
Other Current Liab	1.8B	1.0B	2.5B	1.1B	1.2B	612.8M
Total Current Liabilities	2.1B	2.1B	3.3B	2.4B	2.6B	1.3B
Total Stockholder Equity	16.6B	13.0B	12.1B	12.5B	13.3B	8.6B
Other Liab	481M	495M	637M	484M	556.6M	301.1M
Accounts Payable	242M	152M	172M	224M	153M	128.6M
Other Assets	123M	489M	35.5B	35.7B	36.5B	38.4B
Long Term Debt	19.7B	19.4B	18.1B	18.8B	19.3B	9.9B
Good Will	2.6B	9.5B	7.7B	7.6B	8.8B	9.2B
Common Stock Shares Outstanding	907M	1.1B	1.0B	1.0B	1.0B	540.4M
Inventory	110M	118M	142M	148M	159M	167.0M
Other Current Assets	110M	245M	36M	40M	39M	51.5M
Total Liab	23.8B	23.4B	23.5B	23.1B	22.9B	12.3B
Intangible Assets	1.3B	959M	831M	705M	654M	537.2M
Property Plant Equipment	22.1B	21.2B	20.0B	19.4B	22.3B	11.4B
Short Long Term Debt Total	20.3B	20.7B	19.1B	20.3B	20.9B	11.4B
Property Plant And Equipment Net	22.7B	21.8B	20.5B	19.4B	19.8B	13.1B
Current Deferred Revenue	59M	97M	77M	80M	81M	55.9M
Net Debt	20.3B	20.7B	19.1B	20.1B	19.9B	11.0B
Non Current Assets Total	38.9B	34.9B	34B	33.8B	33.7B	21.3B
Non Currrent Assets Other	59M	71M	107M	1.9B	1.9B	2.0B
Net Receivables	1.2B	1.2B	1.3B	1.5B	1.6B	1.6B
Liabilities And Stockholders Equity	40.4B	36.4B	35.5B	35.7B	36.5B	22.4B
Non Current Liabilities Total	21.7B	21.3B	19.1B	19.8B	20.3B	11.6B
Other Stockholder Equity	16.6B	(723M)	(724M)	(731M)	12.5B	13.1B
Total Current Assets	1.5B	1.5B	1.5B	1.9B	2.8B	2.9B
Short Term Debt	67M	828M	559M	1.0B	1.2B	1.2B
Retained Earnings	(17.3B)	(13.8B)	(12.8B)	(13.3B)	(12.5B)	(11.8B)
Deferred Long Term Liab	421M	441M	170M	142M	163.3M	254.9M
Common Stock	15.8B	12.2B	11.2B	11.7B	12.5B	9.3B
Net Tangible Assets	6.8B	5.4B	3.3B	5.9B	6.7B	5.6B
Long Term Debt Total	19.7B	19.4B	18.1B	18.8B	21.6B	11.7B
Long Term Investments	5.3B	4.0B	5.1B	5.3B	3.7B	4.5B

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MPLX Capital Expenditures vs Net Income Analysis

Capital Expenditures vs Net Income

Capital Expenditures vs Net Income Correlation Analysis

Correlation Coefficient

Capital Expenditures

Net Income

MPLX LP fundamental ratios Correlations

MPLX LP Account Relationship Matchups

High Positive Relationship

High Negative Relationship

MPLX LP fundamental ratios Accounts

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Additional Tools for MPLX Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant Equipment	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Long Term Debt
Short Long Term Debt Total	+ 1.0	Long Term Debt

Cash And Short Term Investments	- 0.06	Other Current Assets
Other Current Assets	- 0.06	Cash
Other Current Assets	- 0.05	Other Assets
Non Currrent Assets Other	- 0.01	Other Current Assets