Martin Short Long Term Debt Total vs Total Current Liabilities Analysis

0JZ0 Stock   600.00  4.84  0.81%   
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 Short Long Term Debt Total and its Total Current Liabilities 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.

Short Long Term Debt Total vs Total Current Liabilities

Short Long Term Debt Total vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Martin Marietta Materials Short Long Term Debt Total account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Martin Marietta's Short Long Term Debt Total and Total Current Liabilities is 0.92. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Total Current Liabilities 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 Short Long Term Debt Total and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Martin Marietta Materials are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Short Long Term Debt Total i.e., Martin Marietta's Short Long Term Debt Total and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Short Long Term Debt Total

Total Current Liabilities

Total Current Liabilities is an item on Martin Marietta balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Martin Marietta Materials are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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 Amortization463.6M506M513.2M538.9M

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

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