Martin Dividends Paid vs Change In Working Capital Analysis

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 DirectionNegative 
Relationship StrengthWeak

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.
 2021 2022 2023 2024 (projected)
Total Revenue5.4B6.2B6.8B7.1B
Depreciation And Amortization463.6M506M507.3M532.7M

Martin Marietta fundamental ratios Correlations

0.970.960.930.990.980.940.920.980.580.990.810.581.00.690.980.980.770.830.990.890.730.180.64-0.810.87
0.970.950.920.930.940.960.930.970.620.950.860.620.960.580.980.940.80.720.990.890.750.150.52-0.820.82
0.960.950.850.950.920.880.950.950.650.940.840.650.950.560.950.950.820.730.950.910.630.00.55-0.770.77
0.930.920.850.920.890.870.850.920.580.90.710.580.920.660.880.920.830.770.920.870.920.190.6-0.690.8
0.990.930.950.920.960.880.890.960.610.970.730.610.980.740.940.980.750.880.950.890.720.20.72-0.770.85
0.980.940.920.890.960.950.880.950.450.990.770.450.980.70.960.960.690.830.970.80.70.240.61-0.820.86
0.940.960.880.870.880.950.870.960.370.960.90.370.950.580.970.890.720.690.970.740.710.150.47-0.830.85
0.920.930.950.850.890.880.870.910.630.880.790.630.90.380.90.940.920.580.910.920.7-0.030.38-0.770.66
0.980.970.950.920.960.950.960.910.520.980.860.520.980.640.980.940.780.790.990.850.730.150.6-0.820.87
0.580.620.650.580.610.450.370.630.520.470.351.00.530.30.530.630.640.430.550.860.510.10.39-0.410.33
0.990.950.940.90.970.990.960.880.980.470.820.471.00.730.980.950.70.850.980.810.70.20.65-0.820.9
0.810.860.840.710.730.770.90.790.860.350.820.350.820.390.890.710.680.50.870.660.5-0.170.32-0.740.74
0.580.620.650.580.610.450.370.630.521.00.470.350.530.30.530.630.640.430.550.860.510.10.39-0.410.33
1.00.960.950.920.980.980.950.90.980.531.00.820.530.720.980.960.740.840.990.850.720.170.65-0.80.88
0.690.580.560.660.740.70.580.380.640.30.730.390.30.720.640.650.20.940.650.470.470.360.88-0.480.84
0.980.980.950.880.940.960.970.90.980.530.980.890.530.980.640.940.730.771.00.840.680.150.56-0.850.86
0.980.940.950.920.980.960.890.940.940.630.950.710.630.960.650.940.80.80.950.910.760.190.6-0.770.79
0.770.80.820.830.750.690.720.920.780.640.70.680.640.740.20.730.80.390.760.880.78-0.180.25-0.570.5
0.830.720.730.770.880.830.690.580.790.430.850.50.430.840.940.770.80.390.780.650.570.410.9-0.590.86
0.990.990.950.920.950.970.970.910.990.550.980.870.550.990.651.00.950.760.780.860.730.160.57-0.840.87
0.890.890.910.870.890.80.740.920.850.860.810.660.860.850.470.840.910.880.650.860.750.090.52-0.670.64
0.730.750.630.920.720.70.710.70.730.510.70.50.510.720.470.680.760.780.570.730.750.250.41-0.480.62
0.180.150.00.190.20.240.15-0.030.150.10.2-0.170.10.170.360.150.19-0.180.410.160.090.250.41-0.270.25
0.640.520.550.60.720.610.470.380.60.390.650.320.390.650.880.560.60.250.90.570.520.410.41-0.420.79
-0.81-0.82-0.77-0.69-0.77-0.82-0.83-0.77-0.82-0.41-0.82-0.74-0.41-0.8-0.48-0.85-0.77-0.57-0.59-0.84-0.67-0.48-0.27-0.42-0.71
0.870.820.770.80.850.860.850.660.870.330.90.740.330.880.840.860.790.50.860.870.640.620.250.79-0.71
Click cells to compare fundamentals

Martin Marietta Account Relationship Matchups

Martin Marietta fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.1B10.6B14.4B15.0B15.1B15.9B
Short Long Term Debt Total2.8B2.6B5.1B5.0B4.9B5.2B
Other Current Liab150.3M196.1M270.8M236.2M300.6M315.6M
Total Current Liabilities838.5M499.3M752.6M1.4B1.2B1.2B
Total Stockholder Equity5.4B5.9B6.5B7.2B8.0B8.4B
Property Plant And Equipment Net5.7B5.7B6.8B6.7B6.6B6.9B
Net Debt2.8B2.4B4.8B4.7B3.6B3.8B
Retained Earnings2.1B2.6B3.2B3.7B4.6B4.8B
Accounts Payable229.6M207.8M356.2M385M343.3M360.5M
Cash21.0M207.3M258.4M358M1.3B1.3B
Non Current Assets Total8.7B8.9B12.4B12.1B11.2B11.8B
Non Currrent Assets Other133.4M295.2M1.0B827M561.3M589.4M
Cash And Short Term Investments21.0M207.3M258.4M358M1.3B1.3B
Net Receivables573.7M575.1M774M785.9M753.3M791.0M
Common Stock Shares Outstanding62.7M62.4M62.6M62.5M62.1M56.9M
Liabilities And Stockholders Equity10.1B10.6B14.4B15.0B15.1B15.9B
Non Current Liabilities Total3.9B4.2B7.1B6.4B5.9B6.2B
Inventory690.8M709M752.6M873.7M988.6M1.0B
Other Current Assets141.2M176.9M240.6M859.3M905.2M950.5M
Other Stockholder Equity3.4B3.4B3.5B3.5B3.5B3.7B
Total Liab4.8B4.7B7.9B7.8B7.1B7.4B
Total Current Assets1.4B1.7B2.0B2.9B3.9B4.1B
Short Term Debt395.5M51.9M67.2M769M473M496.7M
Intangible Assets2.9B508M1.1B847.8M697.7M827.9M
Accumulated Other Comprehensive Income(145.8M)(158.4M)(97.6M)(38.5M)(49.2M)(51.7M)
Current Deferred Revenue(229.6M)(256.4M)(410.1M)(343.3M)(309.0M)(293.5M)
Good Will2.4B2.4B3.5B3.6B3.4B1.8B
Other Assets128M1.0295.2M919.2M1.1B1.1B
Long Term Debt2.7B2.7B2.4B2.6B3.0B2.6B
Capital Surpluse3.4B3.4B3.4B3.4B4.0B3.7B
Property Plant Equipment5.7B5.7B6.8B6.7B7.7B5.8B
Other Liab1.1B1.1B1.4B1.5B1.7B1.3B
Net Tangible Assets2.5B3.0B2.0B2.7B3.1B2.6B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Martin Stock Analysis

When running Martin Marietta's price analysis, check to measure Martin Marietta's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Martin Marietta is operating at the current time. Most of Martin Marietta's value examination focuses on studying past and present price action to predict the probability of Martin Marietta's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Martin Marietta's price. Additionally, you may evaluate how the addition of Martin Marietta to your portfolios can decrease your overall portfolio volatility.