MRC Stock Based Compensation vs Change To Inventory Analysis

MRC Stock  USD 12.80  0.25  1.99%   
MRC Global financial indicator trend analysis is infinitely more than just investigating MRC Global recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MRC Global is a good investment. Please check the relationship between MRC Global Stock Based Compensation and its Change To Inventory accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MRC Global. 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.
For information on how to trade MRC Stock refer to our How to Trade MRC Stock guide.

Stock Based Compensation vs Change To Inventory

JavaScript chart by amCharts 3.21.152014201620182020202220249M9.5M10M10.5M11M11.5M12M12.5M13M13.5M14M14.5M15M15.5M16M -200M-150M-100M-50M050M100M150M200M250M300M350M400M
JavaScript chart by amCharts 3.21.15Stock Based Compensationtotal: 156.7MChange To Inventorytotal: 99.3M

Stock Based Compensation vs Change To Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MRC Global Stock Based Compensation account and Change To Inventory. At this time, the significance of the direction appears to have weak contrarian relationship.
Stock Based CompensationChange To InventoryDiversified AwayStock Based CompensationChange To InventoryDiversified Away100%
The correlation between MRC Global's Stock Based Compensation and Change To Inventory is -0.05. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of MRC Global, assuming nothing else is changed. The correlation between historical values of MRC Global's Stock Based Compensation and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of MRC Global are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Stock Based Compensation i.e., MRC Global's Stock Based Compensation and Change To Inventory go up and down completely randomly.

Correlation Coefficient

-0.05
Relationship DirectionNegative 
Relationship StrengthInsignificant

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.
Most indicators from MRC Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MRC Global 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 MRC Global. 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.
For information on how to trade MRC Stock refer to our How to Trade MRC Stock guide.At present, MRC Global's Tax Provision is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit417M610M690M700.2M
Total Revenue2.7B3.4B3.4B3.0B

MRC Global fundamental ratios Correlations

0.920.770.79-0.170.050.88-0.20.860.890.960.980.270.950.93-0.620.12-0.320.36-0.41-0.330.380.46-0.12-0.420.8
0.920.670.68-0.350.350.82-0.360.750.890.90.920.20.90.92-0.31-0.080.010.58-0.67-0.30.60.710.14-0.490.93
0.770.670.59-0.31-0.150.880.090.730.520.660.750.390.760.59-0.620.04-0.460.16-0.11-0.140.170.12-0.29-0.120.6
0.790.680.590.29-0.020.70.050.530.470.860.790.60.580.64-0.640.21-0.29-0.11-0.33-0.35-0.080.18-0.25-0.170.47
-0.17-0.35-0.310.29-0.42-0.260.43-0.27-0.37-0.01-0.190.47-0.38-0.24-0.340.28-0.27-0.780.16-0.12-0.78-0.56-0.360.35-0.58
0.050.35-0.15-0.02-0.42-0.1-0.61-0.250.250.090.15-0.250.050.190.72-0.510.890.71-0.63-0.080.710.840.75-0.410.54
0.880.820.880.7-0.26-0.1-0.170.820.70.840.870.420.860.74-0.650.17-0.440.22-0.28-0.110.260.25-0.33-0.40.71
-0.2-0.360.090.050.43-0.61-0.17-0.03-0.46-0.19-0.280.23-0.23-0.3-0.350.08-0.5-0.550.34-0.23-0.59-0.6-0.250.95-0.55
0.860.750.730.53-0.27-0.250.82-0.030.780.750.790.030.910.84-0.660.23-0.520.31-0.28-0.270.320.27-0.19-0.260.64
0.890.890.520.47-0.370.250.7-0.460.780.820.88-0.040.930.94-0.340.02-0.080.64-0.51-0.280.650.660.11-0.60.86
0.960.90.660.86-0.010.090.84-0.190.750.820.950.390.870.88-0.590.18-0.270.28-0.45-0.40.30.46-0.1-0.40.74
0.980.920.750.79-0.190.150.87-0.280.790.880.950.260.930.89-0.540.05-0.230.4-0.44-0.30.420.5-0.09-0.490.84
0.270.20.390.60.47-0.250.420.230.03-0.040.390.260.070.08-0.520.19-0.31-0.53-0.020.0-0.52-0.31-0.520.07-0.05
0.950.90.760.58-0.380.050.86-0.230.910.930.870.930.070.92-0.530.07-0.320.52-0.38-0.290.540.51-0.05-0.430.84
0.930.920.590.64-0.240.190.74-0.30.840.940.880.890.080.92-0.430.05-0.110.49-0.58-0.380.50.620.1-0.460.82
-0.62-0.31-0.62-0.64-0.340.72-0.65-0.35-0.66-0.34-0.59-0.54-0.52-0.53-0.43-0.50.890.43-0.250.190.410.40.7-0.04-0.06
0.12-0.080.040.210.28-0.510.170.080.230.020.180.050.190.070.05-0.5-0.51-0.410.24-0.38-0.38-0.37-0.24-0.09-0.2
-0.320.01-0.46-0.29-0.270.89-0.44-0.5-0.52-0.08-0.27-0.23-0.31-0.32-0.110.89-0.510.48-0.540.080.470.610.73-0.230.21
0.360.580.16-0.11-0.780.710.22-0.550.310.640.280.4-0.530.520.490.43-0.410.48-0.55-0.121.00.890.63-0.440.77
-0.41-0.67-0.11-0.330.16-0.63-0.280.34-0.28-0.51-0.45-0.44-0.02-0.38-0.58-0.250.24-0.54-0.550.28-0.55-0.74-0.550.28-0.66
-0.33-0.3-0.14-0.35-0.12-0.08-0.11-0.23-0.27-0.28-0.4-0.30.0-0.29-0.380.19-0.380.08-0.120.28-0.1-0.25-0.52-0.18-0.15
0.380.60.17-0.08-0.780.710.26-0.590.320.650.30.42-0.520.540.50.41-0.380.471.0-0.55-0.10.90.61-0.490.79
0.460.710.120.18-0.560.840.25-0.60.270.660.460.5-0.310.510.620.4-0.370.610.89-0.74-0.250.90.68-0.510.82
-0.120.14-0.29-0.25-0.360.75-0.33-0.25-0.190.11-0.1-0.09-0.52-0.050.10.7-0.240.730.63-0.55-0.520.610.68-0.030.27
-0.42-0.49-0.12-0.170.35-0.41-0.40.95-0.26-0.6-0.4-0.490.07-0.43-0.46-0.04-0.09-0.23-0.440.28-0.18-0.49-0.51-0.03-0.61
0.80.930.60.47-0.580.540.71-0.550.640.860.740.84-0.050.840.82-0.06-0.20.210.77-0.66-0.150.790.820.27-0.61
Click cells to compare fundamentals

MRC Global Account Relationship Matchups

MRC Global fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.3B1.8B1.7B1.9B1.9B2.0B
Other Current Liab91M57M47M79M68M104.9M
Total Current Liabilities486M399M436M564M783M607.4M
Total Stockholder Equity997M705M678M741M843M1.0B
Other Liab128M111M85M71M81.7M88.1M
Retained Earnings(483M)(781M)(819M)(768M)(678M)(711.9M)
Accounts Payable357M264M321M410M355M414.6M
Cash48M43M32M119M131M137.6M
Long Term Debt547M379M295M337M9M8.6M
Good Will486M484M483M264M237.6M389.8M
Other Current Assets38M26M19M31M34M26.5M
Total Liab1.3B1.1B993M1.2B1.0B1.2B
Intangible Assets281M229M204M183M163M154.9M
Property Plant Equipment138M103M282M82M94.3M133.8M
Common Stock Shares Outstanding83.9M82M82.5M84.9M85.5M78.8M
Short Long Term Debt Total752M607M507M558M521M700.2M
Property Plant And Equipment Net324M303M282M284M283M198.4M
Net Debt720M488M459M526M390M653.5M
Non Current Assets Total1.1B815M772M753M731M938.6M
Cash And Short Term Investments48M43M32M119M131M137.6M
Net Receivables459M319M379M501M430M463.3M
Liabilities And Stockholders Equity2.3B1.8B1.7B1.9B1.9B2.1B
Non Current Liabilities Total842M677M557M590M260M247M
Other Stockholder Equity1.4B1.4B1.4B1.4B1.4B1.2B
Property Plant And Equipment Gross324M303M91M82M462M485.1M
Total Current Assets1.2B966M899M1.1B1.2B1.1B
Short Term Debt38M78M68M75M360M378M
Net Tangible Assets400M399M(145M)923M1.1B1.1B
Retained Earnings Total Equity(483M)(781M)(819M)(768M)(691.2M)(725.8M)
Long Term Debt Total547M379M295M337M303.3M554.8M
Capital Surpluse1.7B1.7B1.7B1.8B2.0B1.8B
Deferred Long Term Liab91M70M53M49M44.1M41.9M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether MRC Global offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MRC Global'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 Mrc Global Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mrc Global Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MRC Global. 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.
For information on how to trade MRC Stock refer to our How to Trade MRC Stock guide.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Trading Companies & Distributors 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 MRC Global. If investors know MRC 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 MRC Global 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
(0.18)
Earnings Share
0.87
Revenue Per Share
37.771
Quarterly Revenue Growth
(0.10)
Return On Assets
0.0505
The market value of MRC Global is measured differently than its book value, which is the value of MRC that is recorded on the company's balance sheet. Investors also form their own opinion of MRC Global's value that differs from its market value or its book value, called intrinsic value, which is MRC Global'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 MRC Global's market value can be influenced by many factors that don't directly affect MRC Global'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 MRC Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if MRC Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MRC Global'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.