Marathon Oil Shares Outstanding vs. Current Ratio
| M1RO34 Stock | BRL 170.15 0.00 0.00% |
For Marathon Oil profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Marathon Oil to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Marathon Oil utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Marathon Oil's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Marathon Oil over time as well as its relative position and ranking within its peers.
Marathon |
Marathon Oil Current Ratio vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Marathon Oil's current stock value. Our valuation model uses many indicators to compare Marathon Oil value to that of its competitors to determine the firm's financial worth. Marathon Oil is considered to be number one stock in shares outstanding category among its peers. It also is considered to be number one stock in current ratio category among its peers . The ratio of Shares Outstanding to Current Ratio for Marathon Oil is about 479,659,103 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Marathon Oil by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Marathon Oil's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Marathon Current Ratio vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Marathon Oil |
| = | 633.15 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Marathon Oil |
| = | 1.32 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Marathon Current Ratio Comparison
Marathon Oil is currently under evaluation in current ratio category among its peers.
Marathon Oil Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Marathon Oil, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Marathon Oil will eventually generate negative long term returns. The profitability progress is the general direction of Marathon Oil's change in net profit over the period of time. It can combine multiple indicators of Marathon Oil, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Marathon Oil Corporation operates as an independent exploration and production company in the United States and Equatorial Guinea. Marathon Oil Corporation was founded in 1887 and is headquartered in Houston, Texas. MARATHON OILDRN operates under Oil Gas EP classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 1672 people.
Marathon Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Marathon Oil. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Marathon Oil position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Marathon Oil's important profitability drivers and their relationship over time.
Use Marathon Oil in pair-trading
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 Marathon Oil 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 Marathon Oil will appreciate offsetting losses from the drop in the long position's value.Marathon Oil Pair Trading
Marathon Oil Pair Trading Analysis
The ability to find closely correlated positions to Marathon Oil could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Marathon Oil 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 Marathon Oil - 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 Marathon Oil to buy it.
The correlation of Marathon Oil 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 Marathon Oil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Marathon Oil 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 Marathon Oil 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.Use Investing Themes to Complement your Marathon Oil position
In addition to having Marathon Oil in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Money Funds Thematic Idea Now
Money Funds
Funds or Etfs that invest most if their asset in companies from financial sector such as commercial banks, insurance companies, investment funds, and real estate. The Money Funds theme has 32 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Money Funds Theme or any other thematic opportunities.
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Other Information on Investing in Marathon Stock
To fully project Marathon Oil's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Marathon Oil at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Marathon Oil's income statement, its balance sheet, and the statement of cash flows.