0JZ0 Stock | | | 605.97 7.34 1.23% |
Martin Marietta financial indicator trend analysis is infinitely more than just investigating Martin Marietta Materials recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Martin Marietta Materials is a good investment. Please check the relationship between Martin Marietta Dividends Paid and its Change In Working Capital accounts. Check out
Trending Equities 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.
Dividends Paid vs Change In Working Capital
Dividends Paid vs Change In Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Martin Marietta Materials Dividends Paid account and
Change In Working Capital. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Martin Marietta's Dividends Paid and Change In Working Capital is -0.66. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Change In Working Capital in the same time period over historical financial statements of Martin Marietta Materials, assuming nothing else is changed. The correlation between historical values of Martin Marietta's Dividends Paid and Change In Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of Martin Marietta Materials are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Dividends Paid i.e., Martin Marietta's Dividends Paid and Change In Working Capital go up and down completely randomly.
Correlation Coefficient | -0.66 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.
Change In Working Capital
The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.
Most indicators from Martin Marietta's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Martin Marietta Materials 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 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.
At this time, Martin Marietta's
Selling General Administrative is comparatively stable compared to the past year.
Discontinued Operations is likely to gain to about 12.7
M in 2024, whereas
Tax Provision is likely to drop slightly above 120.9
M in 2024.
Martin Marietta fundamental ratios Correlations
Click cells to compare fundamentals
Martin Marietta Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Martin Marietta fundamental ratios Accounts
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