Markel Accounts Payable vs Other Current Liab Analysis

0JYM Stock   1,786  18.93  1.05%   
Markel Corp financial indicator trend analysis is infinitely more than just investigating Markel Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Markel Corp is a good investment. Please check the relationship between Markel Corp Accounts Payable and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Markel Corp. 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.

Accounts Payable vs Other Current Liab

Accounts Payable vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Markel Corp Accounts Payable account and Other Current Liab. At this time, the significance of the direction appears to have pay attention.
The correlation between Markel Corp's Accounts Payable and Other Current Liab is -0.8. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Markel Corp, assuming nothing else is changed. The correlation between historical values of Markel Corp's Accounts Payable and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Markel Corp are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Accounts Payable i.e., Markel Corp's Accounts Payable and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.8
Relationship DirectionNegative 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Markel Corp obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Markel Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Other Current Liab

Most indicators from Markel Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Markel Corp 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Markel Corp. 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.
Selling General Administrative is likely to gain to about 815.9 M in 2024. Tax Provision is likely to gain to about 826.5 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit12.8B11.6B15.6B16.4B
Total Revenue12.9B11.8B15.8B16.6B

Markel Corp fundamental ratios Correlations

0.950.95-0.130.930.580.57-0.560.880.880.70.310.870.230.950.450.910.640.490.45-0.530.780.670.860.28-0.19
0.950.97-0.090.90.70.45-0.380.80.80.720.190.910.080.910.610.920.750.610.49-0.660.670.750.910.51-0.32
0.950.97-0.220.950.610.61-0.460.860.880.80.370.880.030.950.570.970.650.490.63-0.520.790.70.870.42-0.28
-0.13-0.09-0.22-0.260.09-0.190.3-0.06-0.34-0.2-0.24-0.090.09-0.21-0.1-0.45-0.090.02-0.36-0.08-0.26-0.06-0.160.11-0.14
0.930.90.95-0.260.380.68-0.690.850.940.860.510.87-0.040.970.540.940.460.270.5-0.410.880.490.860.3-0.09
0.580.70.610.090.38-0.030.230.460.250.23-0.30.580.190.40.470.540.860.810.31-0.70.070.890.610.56-0.67
0.570.450.61-0.190.68-0.03-0.610.770.740.690.850.38-0.010.710.00.59-0.13-0.310.630.230.890.10.31-0.26-0.12
-0.56-0.38-0.460.3-0.690.23-0.61-0.58-0.69-0.64-0.62-0.460.07-0.66-0.2-0.510.10.26-0.04-0.04-0.760.04-0.470.18-0.4
0.880.80.86-0.060.850.460.77-0.580.810.80.60.750.040.880.380.80.390.230.53-0.30.830.540.690.18-0.29
0.880.80.88-0.340.940.250.74-0.690.810.740.590.720.120.930.320.890.350.160.58-0.190.880.370.730.070.01
0.70.720.8-0.20.860.230.69-0.640.80.740.70.78-0.490.810.710.760.240.060.51-0.340.810.350.740.44-0.11
0.310.190.37-0.240.51-0.30.85-0.620.60.590.70.24-0.350.490.120.37-0.36-0.510.540.330.75-0.170.19-0.170.12
0.870.910.88-0.090.870.580.38-0.460.750.720.780.24-0.120.870.720.840.590.450.29-0.760.640.610.940.6-0.26
0.230.080.030.09-0.040.19-0.010.070.040.12-0.49-0.35-0.120.08-0.640.030.210.23-0.10.08-0.010.17-0.09-0.53-0.03
0.950.910.95-0.210.970.40.71-0.660.880.930.810.490.870.080.450.920.470.290.52-0.420.910.560.850.25-0.1
0.450.610.57-0.10.540.470.0-0.20.380.320.710.120.72-0.640.450.530.550.470.22-0.710.250.510.760.9-0.14
0.910.920.97-0.450.940.540.59-0.510.80.890.760.370.840.030.920.530.630.450.62-0.480.780.650.850.34-0.24
0.640.750.65-0.090.460.86-0.130.10.390.350.24-0.360.590.210.470.550.630.960.3-0.750.130.90.70.62-0.32
0.490.610.490.020.270.81-0.310.260.230.160.06-0.510.450.230.290.470.450.960.18-0.73-0.060.820.530.62-0.3
0.450.490.63-0.360.50.310.63-0.040.530.580.510.540.29-0.10.520.220.620.30.180.040.560.440.320.16-0.28
-0.53-0.66-0.52-0.08-0.41-0.70.23-0.04-0.3-0.19-0.340.33-0.760.08-0.42-0.71-0.48-0.75-0.730.04-0.08-0.65-0.74-0.80.37
0.780.670.79-0.260.880.070.89-0.760.830.880.810.750.64-0.010.910.250.780.13-0.060.56-0.080.290.62-0.010.08
0.670.750.7-0.060.490.890.10.040.540.370.35-0.170.610.170.560.510.650.90.820.44-0.650.290.70.55-0.39
0.860.910.87-0.160.860.610.31-0.470.690.730.740.190.94-0.090.850.760.850.70.530.32-0.740.620.70.62-0.13
0.280.510.420.110.30.56-0.260.180.180.070.44-0.170.6-0.530.250.90.340.620.620.16-0.8-0.010.550.62-0.25
-0.19-0.32-0.28-0.14-0.09-0.67-0.12-0.4-0.290.01-0.110.12-0.26-0.03-0.1-0.14-0.24-0.32-0.3-0.280.370.08-0.39-0.13-0.25
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Markel Corp Account Relationship Matchups

Markel Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets37.5B41.7B48.5B63.4B55.0B57.8B
Short Long Term Debt Total3.5B3.5B4.4B4.1B3.8B4.0B
Total Stockholder Equity11.1B12.8B14.7B13.1B15.0B15.7B
Net Debt461.4M(857.7M)382.8M(33.8M)32.7M31.1M
Retained Earnings7.5B8.2B10.4B9.8B11.4B11.9B
Common Stock Shares Outstanding13.9M13.8M13.8M13.6M13.4M9.9M
Liabilities And Stockholders Equity48.7B41.7B63.6B63.4B55.0B57.8B
Non Current Liabilities Total3.5B3.5B4.4B4.1B39.5B41.5B
Other Stockholder Equity208.8M584.4M237.6M(857.1M)(985.6M)(936.4M)
Total Liab19.4B21.2B24.2B25.5B39.5B41.5B
Property Plant And Equipment Net441.9M1.2B1.6B1.7B1.9B2.0B
Non Current Assets Total22.8B24.1B27.7B4.4B31.9B33.5B
Non Currrent Assets Other(22.8B)(1.2B)(1.7B)(24.0B)27.1B28.4B
Intangible Assets1.7B1.8B1.8B1.7B1.6B1.7B
Other Assets(6.9B)(7.4B)(7.3B)56.1B12.9B10.5B
Net Receivables7.3B7.9B9.7B11.4B12.7B13.3B
Total Current Assets21.5B25.0B28.1B3.0B10.2B6.4B
Cash3.1B4.3B4.0B4.1B4.3B4.5B
Cash And Short Term Investments14.2B17.1B18.4B18.7B10.2B7.8B
Short Term Investments11.2B12.7B14.4B14.5B3.8B6.0B
Other Current Assets(303.1M)9.6B9.1B(447K)11.5B12.1B
Accumulated Other Comprehensive Income208.8M584.4M237.6M(857.1M)(478.2M)(454.3M)
Other Current Liab(11.3B)(12.4B)(7.5B)(8.8B)(1.1B)(1.2B)
Total Current Liabilities5.7B6.2B7.5B8.7B15.5B16.3B
Common Stock3.4B3.4B3.4B3.5B3.5B2.3B
Good Will2.3B2.6B2.9B2.6B2.6B1.7B
Accounts Payable5.7B6.2B7.5B669.7M1.0B985.8M
Short Term Debt288.5M113.0M126.8M500.5M202.0M246.5M
Current Deferred Revenue5.1B5.5B6.1B8.2B29.4M27.9M
Long Term Debt3.1B2.7B3.5B3.4B4.0B3.4B
Inventory303.1M(9.6B)(9.1B)(27.1B)(22.9B)(21.8B)
Property Plant Equipment588.6M632M1.1B1.2B1.4B783.5M
Other Liab18.2B20.2B22.3B24.6B28.3B21.7B
Net Tangible Assets7.0B7.8B9.4B8.1B9.3B8.0B

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