Martin Marietta Materials Stock Current Ratio
MMX Stock | EUR 513.20 2.60 0.50% |
Martin Marietta Materials fundamentals help investors to digest information that contributes to Martin Marietta's financial success or failures. It also enables traders to predict the movement of Martin Stock. The fundamental analysis module provides a way to measure Martin Marietta's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Martin Marietta stock.
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Martin Marietta Materials Company Current Ratio Analysis
Martin Marietta's 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.
Current Martin Marietta Current Ratio | 1.87 X |
Most of Martin Marietta's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Martin Marietta Materials is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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).
Competition |
In accordance with the recently published financial statements, Martin Marietta Materials has a Current Ratio of 1.87 times. This is 51.17% lower than that of the Basic Materials sector and 28.9% lower than that of the Building Materials industry. The current ratio for all Germany stocks is 13.43% higher than that of the company.
Martin Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Martin Marietta's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Martin Marietta could also be used in its relative valuation, which is a method of valuing Martin Marietta by comparing valuation metrics of similar companies.Martin Marietta is regarded third in current ratio category among its peers.
Martin Fundamentals
Return On Equity | 0.12 | |||
Return On Asset | 0.0462 | |||
Profit Margin | 0.15 % | |||
Operating Margin | 0.19 % | |||
Current Valuation | 26.02 B | |||
Shares Outstanding | 62.1 M | |||
Shares Owned By Insiders | 0.66 % | |||
Shares Owned By Institutions | 97.01 % | |||
Price To Earning | 27.69 X | |||
Price To Book | 3.19 X | |||
Price To Sales | 3.61 X | |||
Revenue | 6.16 B | |||
Gross Profit | 1.43 B | |||
EBITDA | 1.77 B | |||
Net Income | 866.8 M | |||
Cash And Equivalents | 53.59 M | |||
Cash Per Share | 0.86 X | |||
Total Debt | 4.34 B | |||
Debt To Equity | 70.90 % | |||
Current Ratio | 1.87 X | |||
Book Value Per Share | 115.47 X | |||
Cash Flow From Operations | 991.2 M | |||
Earnings Per Share | 12.91 X | |||
Price To Earnings To Growth | 1.85 X | |||
Target Price | 391.89 | |||
Number Of Employees | 9.4 K | |||
Beta | 0.89 | |||
Market Capitalization | 21.03 B | |||
Total Asset | 14.99 B | |||
Z Score | 2.4 | |||
Annual Yield | 0.01 % | |||
Five Year Return | 0.92 % | |||
Net Asset | 14.99 B | |||
Last Dividend Paid | 2.54 |
About Martin Marietta Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Martin Marietta Materials's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Martin Marietta using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Martin Marietta Materials based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Information and Resources on Investing in Martin Stock
When determining whether Martin Marietta Materials is a strong investment it is important to analyze Martin Marietta's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Martin Marietta's future performance. For an informed investment choice regarding Martin Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Martin Marietta Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.