Mueller Cash And Short Term Investments from 2010 to 2024

MLI Stock  USD 81.34  0.81  0.99%   
Mueller Industries' Cash And Short Term Investments are increasing with slightly volatile movements from year to year. Cash And Short Term Investments are estimated to finish at about 1.3 B this year. Cash And Short Term Investments is 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. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
1990-12-31
Previous Quarter
825.7 M
Current Value
969.6 M
Quarterly Volatility
232.5 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mueller Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mueller Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 36.6 M, Interest Expense of 1.2 M or Total Revenue of 1.9 B, as well as many indicators such as Price To Sales Ratio of 1.59, Dividend Yield of 0.0122 or PTB Ratio of 1.15. Mueller financial statements analysis is a perfect complement when working with Mueller Industries Valuation or Volatility modules.
  
Check out the analysis of Mueller Industries Correlation against competitors.
For more detail on how to invest in Mueller Stock please use our How to Invest in Mueller Industries guide.

Latest Mueller Industries' Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Mueller Industries over the last few years. Short Term Investments is an account in the current assets section of Mueller Industries balance sheet. This account contains Mueller Industries investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Mueller Industries fairly quickly. It is 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. Mueller Industries' Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mueller Industries' overall financial position and show how it may be relating to other accounts over time.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

Mueller Cash And Short Term Investments Regression Statistics

Arithmetic Mean388,141,997
Geometric Mean238,297,697
Coefficient Of Variation105.87
Mean Deviation298,933,995
Median274,844,000
Standard Deviation410,928,639
Sample Variance168862.3T
Range1.3B
R-Value0.53
Mean Square Error129954.2T
R-Squared0.29
Significance0.04
Slope49,086,970
Total Sum of Squares2364072.9T

Mueller Cash And Short Term Investments History

20241.3 B
20231.3 B
2022678.9 M
202187.9 M
2020119.1 M
201997.9 M
201872.6 M

About Mueller Industries Financial Statements

Investors use fundamental indicators, such as Mueller Industries' Cash And Short Term Investments, to determine how well the company is positioned to perform in the future. Although Mueller Industries' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Cash And Short Term Investments1.3 B1.3 B

Currently Active Assets on Macroaxis

When determining whether Mueller Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mueller Industries' 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 Mueller Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mueller Industries Stock:
Check out the analysis of Mueller Industries Correlation against competitors.
For more detail on how to invest in Mueller Stock please use our How to Invest in Mueller Industries guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Industrial Machinery & Supplies & Components 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 Mueller Industries. If investors know Mueller 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 Mueller Industries 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
0.265
Dividend Share
0.75
Earnings Share
5.14
Revenue Per Share
32.118
Quarterly Revenue Growth
0.217
The market value of Mueller Industries is measured differently than its book value, which is the value of Mueller that is recorded on the company's balance sheet. Investors also form their own opinion of Mueller Industries' value that differs from its market value or its book value, called intrinsic value, which is Mueller Industries' 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 Mueller Industries' market value can be influenced by many factors that don't directly affect Mueller Industries' 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 Mueller Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mueller Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mueller Industries' 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.