Mueller Interest Income vs Gross Profit Analysis
MLI Stock | USD 81.34 0.81 0.99% |
Mueller Industries financial indicator trend analysis is infinitely more than just investigating Mueller Industries recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mueller Industries is a good investment. Please check the relationship between Mueller Industries Interest Income and its Gross Profit accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mueller Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more detail on how to invest in Mueller Stock please use our How to Invest in Mueller Industries guide.
Interest Income vs Gross Profit
Interest Income vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mueller Industries Interest Income account and Gross Profit. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Mueller Industries' Interest Income and Gross Profit is 0.56. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Mueller Industries, assuming nothing else is changed. The correlation between historical values of Mueller Industries' Interest Income and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Mueller Industries are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Interest Income i.e., Mueller Industries' Interest Income and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.56 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Mueller Industries minus its cost of goods sold. It is profit before Mueller Industries operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most indicators from Mueller Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mueller Industries 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 Mueller Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more detail on how to invest in Mueller Stock please use our How to Invest in Mueller Industries guide.As of now, Mueller Industries' Tax Provision is increasing as compared to previous years. The Mueller Industries' current Sales General And Administrative To Revenue is estimated to increase to 0.07, while Selling General Administrative is projected to decrease to under 133.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 830.4M | 1.1B | 986.8M | 1.0B | Total Revenue | 3.8B | 4.0B | 3.4B | 1.9B |
Mueller Industries fundamental ratios Correlations
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Mueller Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mueller Industries fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.4B | 1.5B | 1.7B | 2.2B | 2.8B | 2.9B | |
Short Long Term Debt Total | 413.9M | 327.9M | 1.9M | 2.0M | 35.6M | 33.8M | |
Other Current Liab | 135.9M | 144.4M | 194.8M | 189.9M | 165.2M | 93.8M | |
Total Current Liabilities | 234.3M | 339.6M | 382.4M | 348.3M | 317.1M | 208.2M | |
Total Stockholder Equity | 643.5M | 776.7M | 1.2B | 1.8B | 2.3B | 2.5B | |
Property Plant And Equipment Net | 390.1M | 405.9M | 409.1M | 402.8M | 420.3M | 323.1M | |
Net Debt | 315.9M | 208.8M | (86.0M) | (459.0M) | (1.1B) | (1.1B) | |
Accounts Payable | 85.6M | 147.7M | 180.8M | 128M | 120.5M | 79.5M | |
Cash | 97.9M | 119.1M | 87.9M | 461.0M | 1.2B | 1.2B | |
Non Current Assets Total | 677.2M | 703.2M | 709.9M | 707.7M | 719.3M | 491.7M | |
Non Currrent Assets Other | 287.1M | 14.4M | 6.7M | 20.2M | 17.5M | 16.6M | |
Cash And Short Term Investments | 97.9M | 119.1M | 87.9M | 678.9M | 1.3B | 1.3B | |
Net Receivables | 269.9M | 357.5M | 471.9M | 380.4M | 351.6M | 233.5M | |
Common Stock Shares Outstanding | 112.7M | 112.8M | 113.6M | 113.1M | 113.7M | 99.7M | |
Liabilities And Stockholders Equity | 1.4B | 1.5B | 1.7B | 2.2B | 2.8B | 2.9B | |
Non Current Liabilities Total | 474.5M | 387.9M | 89.5M | 80.1M | 83.4M | 79.3M | |
Inventory | 292.1M | 315.0M | 430.2M | 448.9M | 380.2M | 223.6M | |
Other Current Assets | 33.8M | 33.8M | 29.0M | 26.5M | 39.2M | 26.0M | |
Other Stockholder Equity | (191.6M) | (188.9M) | (183.8M) | (205.5M) | (211.2M) | (200.7M) | |
Total Liab | 708.8M | 727.5M | 472.0M | 428.4M | 400.6M | 471.4M | |
Property Plant And Equipment Gross | 390.1M | 405.9M | 409.1M | 402.8M | 1.0B | 1.1B | |
Total Current Assets | 693.8M | 825.4M | 1.0B | 1.5B | 2.0B | 2.1B | |
Short Term Debt | 12.8M | 47.5M | 6.8M | 5.8M | 8.7M | 8.3M | |
Retained Earnings | 903.1M | 1.0B | 1.5B | 2.1B | 2.6B | 2.7B | |
Accumulated Other Comprehensive Income | (68.8M) | (54.9M) | (53.3M) | (64.2M) | (47.2M) | (44.9M) | |
Good Will | 153.3M | 167.8M | 171.3M | 157.6M | 151.8M | 137.3M | |
Intangible Assets | 60.1M | 77.2M | 61.7M | 54.8M | 46.2M | 68.5M | |
Other Liab | 73.4M | 79.7M | 71.4M | 62.0M | 71.3M | 69.7M | |
Other Assets | 25.4M | 297.3M | 300.9M | 304.9M | 350.6M | 368.2M | |
Long Term Debt | 378.7M | 286.6M | 1.1M | 1.2M | 185K | 175.8K | |
Treasury Stock | (474.2M) | (470.2M) | (468.9M) | (470.0M) | (423.0M) | (401.9M) | |
Property Plant Equipment | 363.1M | 376.6M | 409.1M | 402.8M | 463.3M | 345.2M | |
Short Term Investments | 48.4M | 38.0M | 0.0 | 217.9M | 98.1M | 103.1M | |
Net Tangible Assets | 430.1M | 531.8M | 1.2B | 1.6B | 1.8B | 1.9B | |
Noncontrolling Interest In Consolidated Entity | 14.9M | 18.7M | 24.3M | 34.8M | 31.4M | 22.0M | |
Retained Earnings Total Equity | 824.7M | 903.1M | 1.0B | 1.5B | 1.7B | 1.0B | |
Capital Surpluse | 278.6M | 280.1M | 286.2M | 297.3M | 341.9M | 302.2M |
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When determining whether Mueller Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mueller Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mueller Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mueller Industries Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mueller Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more detail on how to invest in Mueller Stock please use our How to Invest in Mueller Industries guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mueller Industries. If investors know Mueller will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mueller Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.265 | Dividend Share 0.75 | Earnings Share 5.14 | Revenue Per Share 32.118 | Quarterly Revenue Growth 0.217 |
The market value of Mueller Industries is measured differently than its book value, which is the value of Mueller that is recorded on the company's balance sheet. Investors also form their own opinion of Mueller Industries' value that differs from its market value or its book value, called intrinsic value, which is Mueller Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mueller Industries' market value can be influenced by many factors that don't directly affect Mueller Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mueller Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mueller Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mueller Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.