Marine Total Stockholder Equity vs Cash Analysis

MARPS Stock  USD 4.06  0.06  1.50%   
Marine Petroleum financial indicator trend analysis is infinitely more than just investigating Marine Petroleum Trust recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Marine Petroleum Trust is a good investment. Please check the relationship between Marine Petroleum Total Stockholder Equity and its Cash accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marine Petroleum Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Total Stockholder Equity vs Cash

Total Stockholder Equity vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Marine Petroleum Trust Total Stockholder Equity account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Marine Petroleum's Total Stockholder Equity and Cash is 0.61. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Cash in the same time period over historical financial statements of Marine Petroleum Trust, assuming nothing else is changed. The correlation between historical values of Marine Petroleum's Total Stockholder Equity and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Marine Petroleum Trust are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Stockholder Equity i.e., Marine Petroleum's Total Stockholder Equity and Cash go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Cash

Cash refers to the most liquid asset of Marine Petroleum Trust, which is listed under current asset account on Marine Petroleum Trust balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Marine Petroleum customers. The amounts must be unrestricted with restricted cash listed in a different Marine Petroleum account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Marine Petroleum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Marine Petroleum Trust 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marine Petroleum Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Selling General Administrative is likely to drop to about 258.2 K in 2024. Sales General And Administrative To Revenue is likely to drop to 0.01 in 2024
 2021 2022 2023 2024 (projected)
Gross Profit386.7K1.4M31.7M33.3M
Total Revenue386.7K1.4M31.7M33.3M

Marine Petroleum fundamental ratios Correlations

0.46-0.050.660.14-0.111.00.750.970.091.0-0.22-0.54-0.220.13-0.15-0.23-0.240.110.510.150.43-0.22-0.11-0.140.43
0.46-0.520.210.610.120.460.470.320.120.46-0.07-0.39-0.07-0.280.2-0.070.050.110.09-0.250.110.120.11-0.40.12
-0.05-0.52-0.23-0.990.55-0.05-0.25-0.030.04-0.05-0.16-0.12-0.16-0.42-0.42-0.16-0.34-0.02-0.15-0.04-0.10.420.560.12-0.12
0.660.21-0.230.28-0.490.660.760.64-0.140.660.220.250.220.61-0.36-0.280.23-0.090.960.640.86-0.56-0.480.330.88
0.140.61-0.990.28-0.550.140.320.1-0.030.140.140.070.140.390.390.130.310.030.190.030.14-0.43-0.56-0.130.16
-0.110.120.55-0.49-0.55-0.11-0.17-0.110.17-0.11-0.16-0.37-0.16-0.85-0.12-0.13-0.180.07-0.46-0.39-0.30.971.0-0.39-0.33
1.00.46-0.050.660.14-0.110.750.970.091.0-0.22-0.54-0.220.14-0.15-0.23-0.240.110.510.150.43-0.22-0.11-0.130.44
0.750.47-0.250.760.32-0.170.750.730.150.750.03-0.210.030.27-0.25-0.280.090.170.590.220.5-0.21-0.17-0.120.51
0.970.32-0.030.640.1-0.110.970.730.090.97-0.21-0.53-0.220.21-0.15-0.23-0.240.10.490.20.42-0.21-0.1-0.130.42
0.090.120.04-0.14-0.030.170.090.150.090.09-0.5-0.26-0.51-0.30.090.15-0.560.99-0.16-0.23-0.190.170.170.21-0.24
1.00.46-0.050.660.14-0.111.00.750.970.09-0.22-0.54-0.220.13-0.15-0.23-0.240.110.510.150.43-0.22-0.11-0.140.44
-0.22-0.07-0.160.220.14-0.16-0.220.03-0.21-0.5-0.220.411.00.38-0.220.110.89-0.490.180.240.25-0.17-0.16-0.010.29
-0.54-0.39-0.120.250.07-0.37-0.54-0.21-0.53-0.26-0.540.410.410.47-0.240.050.45-0.220.450.570.48-0.31-0.370.670.49
-0.22-0.07-0.160.220.14-0.16-0.220.03-0.22-0.51-0.221.00.410.38-0.220.120.89-0.50.180.250.25-0.17-0.150.00.29
0.13-0.28-0.420.610.39-0.850.140.270.21-0.30.130.380.470.38-0.090.120.39-0.210.60.630.52-0.82-0.850.460.55
-0.150.2-0.42-0.360.39-0.12-0.15-0.25-0.150.09-0.15-0.22-0.24-0.22-0.09-0.23-0.240.1-0.42-0.26-0.490.0-0.11-0.34-0.47
-0.23-0.07-0.16-0.280.13-0.13-0.23-0.28-0.230.15-0.230.110.050.120.12-0.230.190.16-0.23-0.18-0.07-0.09-0.140.27-0.12
-0.240.05-0.340.230.31-0.18-0.240.09-0.24-0.56-0.240.890.450.890.39-0.240.19-0.540.20.270.3-0.16-0.18-0.090.31
0.110.11-0.02-0.090.030.070.110.170.10.990.11-0.49-0.22-0.5-0.210.10.16-0.54-0.11-0.19-0.160.070.070.25-0.2
0.510.09-0.150.960.19-0.460.510.590.49-0.160.510.180.450.180.6-0.42-0.230.2-0.110.740.95-0.52-0.450.530.96
0.15-0.25-0.040.640.03-0.390.150.220.2-0.230.150.240.570.250.63-0.26-0.180.27-0.190.740.75-0.41-0.380.570.75
0.430.11-0.10.860.14-0.30.430.50.42-0.190.430.250.480.250.52-0.49-0.070.3-0.160.950.75-0.35-0.30.560.99
-0.220.120.42-0.56-0.430.97-0.22-0.21-0.210.17-0.22-0.17-0.31-0.17-0.820.0-0.09-0.160.07-0.52-0.41-0.350.97-0.39-0.37
-0.110.110.56-0.48-0.561.0-0.11-0.17-0.10.17-0.11-0.16-0.37-0.15-0.85-0.11-0.14-0.180.07-0.45-0.38-0.30.97-0.38-0.32
-0.14-0.40.120.33-0.13-0.39-0.13-0.12-0.130.21-0.14-0.010.670.00.46-0.340.27-0.090.250.530.570.56-0.39-0.380.54
0.430.12-0.120.880.16-0.330.440.510.42-0.240.440.290.490.290.55-0.47-0.120.31-0.20.960.750.99-0.37-0.320.54
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Marine Petroleum Account Relationship Matchups

Marine Petroleum fundamental ratios Accounts

201920202021202220232024 (projected)
Retained Earnings9.6B9.2B10.3B12.3B14.2B14.9B
Non Current Liabilities Total15.0B17.7B18.5B17.7B16.9B0.0
Accounts Payable720M527M726M746M857.9M509.1M
Other Stockholder Equity32.9K34.5K(252.1K)176.0K965.2K917.0K
Accumulated Other Comprehensive Income(361M)(135M)(342M)(729M)(656.1M)(623.3M)
Short Long Term Debt Total11.8B11.2B11.2B11.1B12.8B13.4B
Intangible Assets8.6B9.0B8.9B8.7B10.1B10.6B
Common Stock936.6K902.0K1.2M978.2K880.4K743.1K
Current Deferred Revenue2.7B2.3B2.4B1.1B1.2B1.2B
Good Will9.0B9.2B9.1B8.9B10.2B10.7B
Short Term Debt977M1.2B805M684M786.6M415.6M
Net Tangible Assets936.6K902.0K1.2M978.2K1.1M1.1M
Net Working Capital936.6K902.0K1.2M978.2K965.2K1.1M

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Additional Tools for Marine Stock Analysis

When running Marine Petroleum's price analysis, check to measure Marine Petroleum'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 Marine Petroleum is operating at the current time. Most of Marine Petroleum's value examination focuses on studying past and present price action to predict the probability of Marine Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marine Petroleum's price. Additionally, you may evaluate how the addition of Marine Petroleum to your portfolios can decrease your overall portfolio volatility.