Martin Net Borrowings vs Net Income 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 Net Borrowings and its Net Income 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.

Net Borrowings vs Net Income

Net Borrowings vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Martin Marietta Materials Net Borrowings account and Net Income. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Martin Marietta's Net Borrowings and Net Income is -0.57. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Net Income 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 Net Borrowings and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Borrowings of Martin Marietta Materials are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Net Borrowings i.e., Martin Marietta's Net Borrowings and Net Income go up and down completely randomly.

Correlation Coefficient

-0.57

Relationship Direction	Negative
Relationship Strength	Very Weak

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Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Martin Marietta Materials financial statement analysis. It represents the amount of money remaining after all of Martin Marietta Materials operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

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 Revenue	5.4B	6.2B	6.8B	7.1B
Depreciation And Amortization	463.6M	506M	507.3M	532.7M

Total Revenue Depreciation And Amortization

Martin Marietta fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Current Deferred Revenue	Good Will
Total Assets		0.97	0.96	0.93	0.99	0.98	0.94	0.92	0.98	0.58	0.99	0.81	0.58	1.0	0.69	0.98	0.98	0.77	0.83	0.99	0.89	0.73	0.18	0.64	-0.81	0.87
Short Long Term Debt Total	0.97		0.95	0.92	0.93	0.94	0.96	0.93	0.97	0.62	0.95	0.86	0.62	0.96	0.58	0.98	0.94	0.8	0.72	0.99	0.89	0.75	0.15	0.52	-0.82	0.82
Other Current Liab	0.96	0.95		0.85	0.95	0.92	0.88	0.95	0.95	0.65	0.94	0.84	0.65	0.95	0.56	0.95	0.95	0.82	0.73	0.95	0.91	0.63	0.0	0.55	-0.77	0.77
Total Current Liabilities	0.93	0.92	0.85		0.92	0.89	0.87	0.85	0.92	0.58	0.9	0.71	0.58	0.92	0.66	0.88	0.92	0.83	0.77	0.92	0.87	0.92	0.19	0.6	-0.69	0.8
Total Stockholder Equity	0.99	0.93	0.95	0.92		0.96	0.88	0.89	0.96	0.61	0.97	0.73	0.61	0.98	0.74	0.94	0.98	0.75	0.88	0.95	0.89	0.72	0.2	0.72	-0.77	0.85
Property Plant And Equipment Net	0.98	0.94	0.92	0.89	0.96		0.95	0.88	0.95	0.45	0.99	0.77	0.45	0.98	0.7	0.96	0.96	0.69	0.83	0.97	0.8	0.7	0.24	0.61	-0.82	0.86
Net Debt	0.94	0.96	0.88	0.87	0.88	0.95		0.87	0.96	0.37	0.96	0.9	0.37	0.95	0.58	0.97	0.89	0.72	0.69	0.97	0.74	0.71	0.15	0.47	-0.83	0.85
Retained Earnings	0.92	0.93	0.95	0.85	0.89	0.88	0.87		0.91	0.63	0.88	0.79	0.63	0.9	0.38	0.9	0.94	0.92	0.58	0.91	0.92	0.7	-0.03	0.38	-0.77	0.66
Accounts Payable	0.98	0.97	0.95	0.92	0.96	0.95	0.96	0.91		0.52	0.98	0.86	0.52	0.98	0.64	0.98	0.94	0.78	0.79	0.99	0.85	0.73	0.15	0.6	-0.82	0.87
Cash	0.58	0.62	0.65	0.58	0.61	0.45	0.37	0.63	0.52		0.47	0.35	1.0	0.53	0.3	0.53	0.63	0.64	0.43	0.55	0.86	0.51	0.1	0.39	-0.41	0.33
Non Current Assets Total	0.99	0.95	0.94	0.9	0.97	0.99	0.96	0.88	0.98	0.47		0.82	0.47	1.0	0.73	0.98	0.95	0.7	0.85	0.98	0.81	0.7	0.2	0.65	-0.82	0.9
Non Currrent Assets Other	0.81	0.86	0.84	0.71	0.73	0.77	0.9	0.79	0.86	0.35	0.82		0.35	0.82	0.39	0.89	0.71	0.68	0.5	0.87	0.66	0.5	-0.17	0.32	-0.74	0.74
Cash And Short Term Investments	0.58	0.62	0.65	0.58	0.61	0.45	0.37	0.63	0.52	1.0	0.47	0.35		0.53	0.3	0.53	0.63	0.64	0.43	0.55	0.86	0.51	0.1	0.39	-0.41	0.33
Net Receivables	1.0	0.96	0.95	0.92	0.98	0.98	0.95	0.9	0.98	0.53	1.0	0.82	0.53		0.72	0.98	0.96	0.74	0.84	0.99	0.85	0.72	0.17	0.65	-0.8	0.88
Common Stock Shares Outstanding	0.69	0.58	0.56	0.66	0.74	0.7	0.58	0.38	0.64	0.3	0.73	0.39	0.3	0.72		0.64	0.65	0.2	0.94	0.65	0.47	0.47	0.36	0.88	-0.48	0.84
Non Current Liabilities Total	0.98	0.98	0.95	0.88	0.94	0.96	0.97	0.9	0.98	0.53	0.98	0.89	0.53	0.98	0.64		0.94	0.73	0.77	1.0	0.84	0.68	0.15	0.56	-0.85	0.86
Inventory	0.98	0.94	0.95	0.92	0.98	0.96	0.89	0.94	0.94	0.63	0.95	0.71	0.63	0.96	0.65	0.94		0.8	0.8	0.95	0.91	0.76	0.19	0.6	-0.77	0.79
Other Current Assets	0.77	0.8	0.82	0.83	0.75	0.69	0.72	0.92	0.78	0.64	0.7	0.68	0.64	0.74	0.2	0.73	0.8		0.39	0.76	0.88	0.78	-0.18	0.25	-0.57	0.5
Other Stockholder Equity	0.83	0.72	0.73	0.77	0.88	0.83	0.69	0.58	0.79	0.43	0.85	0.5	0.43	0.84	0.94	0.77	0.8	0.39		0.78	0.65	0.57	0.41	0.9	-0.59	0.86
Total Liab	0.99	0.99	0.95	0.92	0.95	0.97	0.97	0.91	0.99	0.55	0.98	0.87	0.55	0.99	0.65	1.0	0.95	0.76	0.78		0.86	0.73	0.16	0.57	-0.84	0.87
Total Current Assets	0.89	0.89	0.91	0.87	0.89	0.8	0.74	0.92	0.85	0.86	0.81	0.66	0.86	0.85	0.47	0.84	0.91	0.88	0.65	0.86		0.75	0.09	0.52	-0.67	0.64
Short Term Debt	0.73	0.75	0.63	0.92	0.72	0.7	0.71	0.7	0.73	0.51	0.7	0.5	0.51	0.72	0.47	0.68	0.76	0.78	0.57	0.73	0.75		0.25	0.41	-0.48	0.62
Intangible Assets	0.18	0.15	0.0	0.19	0.2	0.24	0.15	-0.03	0.15	0.1	0.2	-0.17	0.1	0.17	0.36	0.15	0.19	-0.18	0.41	0.16	0.09	0.25		0.41	-0.27	0.25
Common Stock	0.64	0.52	0.55	0.6	0.72	0.61	0.47	0.38	0.6	0.39	0.65	0.32	0.39	0.65	0.88	0.56	0.6	0.25	0.9	0.57	0.52	0.41	0.41		-0.42	0.79
Current Deferred Revenue	-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
Good Will	0.87	0.82	0.77	0.8	0.85	0.86	0.85	0.66	0.87	0.33	0.9	0.74	0.33	0.88	0.84	0.86	0.79	0.5	0.86	0.87	0.64	0.62	0.25	0.79	-0.71

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Martin Marietta Account Relationship Matchups

Martin Marietta fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	10.1B	10.6B	14.4B	15.0B	15.1B	15.9B
Short Long Term Debt Total	2.8B	2.6B	5.1B	5.0B	4.9B	5.2B
Other Current Liab	150.3M	196.1M	270.8M	236.2M	300.6M	315.6M
Total Current Liabilities	838.5M	499.3M	752.6M	1.4B	1.2B	1.2B
Total Stockholder Equity	5.4B	5.9B	6.5B	7.2B	8.0B	8.4B
Property Plant And Equipment Net	5.7B	5.7B	6.8B	6.7B	6.6B	6.9B
Net Debt	2.8B	2.4B	4.8B	4.7B	3.6B	3.8B
Retained Earnings	2.1B	2.6B	3.2B	3.7B	4.6B	4.8B
Accounts Payable	229.6M	207.8M	356.2M	385M	343.3M	360.5M
Cash	21.0M	207.3M	258.4M	358M	1.3B	1.3B
Non Current Assets Total	8.7B	8.9B	12.4B	12.1B	11.2B	11.8B
Non Currrent Assets Other	133.4M	295.2M	1.0B	827M	561.3M	589.4M
Cash And Short Term Investments	21.0M	207.3M	258.4M	358M	1.3B	1.3B
Net Receivables	573.7M	575.1M	774M	785.9M	753.3M	791.0M
Common Stock Shares Outstanding	62.7M	62.4M	62.6M	62.5M	62.1M	56.9M
Liabilities And Stockholders Equity	10.1B	10.6B	14.4B	15.0B	15.1B	15.9B
Non Current Liabilities Total	3.9B	4.2B	7.1B	6.4B	5.9B	6.2B
Inventory	690.8M	709M	752.6M	873.7M	988.6M	1.0B
Other Current Assets	141.2M	176.9M	240.6M	859.3M	905.2M	950.5M
Other Stockholder Equity	3.4B	3.4B	3.5B	3.5B	3.5B	3.7B
Total Liab	4.8B	4.7B	7.9B	7.8B	7.1B	7.4B
Total Current Assets	1.4B	1.7B	2.0B	2.9B	3.9B	4.1B
Short Term Debt	395.5M	51.9M	67.2M	769M	473M	496.7M
Intangible Assets	2.9B	508M	1.1B	847.8M	697.7M	827.9M
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 Will	2.4B	2.4B	3.5B	3.6B	3.4B	1.8B
Other Assets	128M	1.0	295.2M	919.2M	1.1B	1.1B
Long Term Debt	2.7B	2.7B	2.4B	2.6B	3.0B	2.6B
Capital Surpluse	3.4B	3.4B	3.4B	3.4B	4.0B	3.7B
Property Plant Equipment	5.7B	5.7B	6.8B	6.7B	7.7B	5.8B
Other Liab	1.1B	1.1B	1.4B	1.5B	1.7B	1.3B
Net Tangible Assets	2.5B	3.0B	2.0B	2.7B	3.1B	2.6B

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Martin Net Borrowings vs Net Income Analysis

Net Borrowings vs Net Income

Net Borrowings vs Net Income Correlation Analysis

Correlation Coefficient

Net Borrowings

Net Income

Martin Marietta fundamental ratios Correlations

Martin Marietta Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Martin Marietta fundamental ratios Accounts

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Additional Tools for Martin Stock Analysis

COMMON DESTINATIONS

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COMPANY

Net Receivables	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Net Receivables	+ 1.0	Non Current Assets Total
Total Liab	+ 1.0	Non Current Liabilities Total
Total Stockholder Equity	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets

Current Deferred Revenue	- 0.85	Non Current Liabilities Total
Current Deferred Revenue	- 0.84	Total Liab
Current Deferred Revenue	- 0.83	Net Debt
Current Deferred Revenue	- 0.82	Non Current Assets Total
Current Deferred Revenue	- 0.82	Accounts Payable
Current Deferred Revenue	- 0.82	Property Plant And Equipment Net