Martin Non Current Assets Total vs Property Plant Equipment Analysis
MLM Stock | USD 595.60 1.37 0.23% |
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 Non Current Assets Total and its Property Plant Equipment accounts. Check out Correlation Analysis 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 bureau of economic analysis.
Non Current Assets Total vs Property Plant Equipment
Non Current Assets Total vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Martin Marietta Materials Non Current Assets Total account and Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Martin Marietta's Non Current Assets Total and Property Plant Equipment is 0.97. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Property Plant Equipment 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 Non Current Assets Total and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Martin Marietta Materials are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Non Current Assets Total i.e., Martin Marietta's Non Current Assets Total and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Property Plant Equipment
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 Correlation Analysis 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 bureau of economic analysis. At this time, Martin Marietta's Selling General Administrative is very stable compared to the past year. As of the 28th of November 2024, Discontinued Operations is likely to grow to about 12.7 M, while Enterprise Value Over EBITDA is likely to drop 9.54.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.3B | 1.4B | 2.0B | 2.1B | Total Revenue | 5.4B | 6.2B | 6.8B | 7.1B |
Martin Marietta fundamental ratios Correlations
Click cells to compare fundamentals
Martin Marietta Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | 2.7B | 5.2B | 5.0B | 4.9B | 5.2B | |
Other Current Liab | 498.5M | 499.3M | 752.6M | 236.2M | 300.6M | 206.4M | |
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 | 79.8M | 137.9M | 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 | 340.0M | 48.6M | 53.9M | 769M | 473M | 496.7M | |
Intangible Assets | 2.9B | 508M | 1.1B | 847.8M | 697.7M | 827.9M | |
Good Will | 2.4B | 2.4B | 3.5B | 3.6B | 3.4B | 3.6B | |
Property Plant And Equipment Gross | 5.7B | 5.7B | 6.8B | 6.7B | 11.1B | 11.6B | |
Accumulated Other Comprehensive Income | (145.8M) | (158.4M) | (97.6M) | (38.5M) | (49.2M) | (51.7M) | |
Other Liab | 1.1B | 1.6B | 2.0B | 1.5B | 1.7B | 1.8B | |
Other Assets | 133.4M | 748M | 1.3B | 919.2M | 1.1B | 1.1B | |
Long Term Debt | 2.4B | 2.6B | 5.1B | 4.3B | 3.9B | 4.1B | |
Property Plant Equipment | 5.2B | 5.2B | 6.8B | 6.7B | 7.7B | 8.1B | |
Current Deferred Revenue | (229.6M) | (256.4M) | (410.1M) | (343.3M) | (309.0M) | (293.5M) | |
Net Tangible Assets | 2.5B | 3.0B | 2.0B | 2.7B | 3.1B | 1.9B | |
Noncontrolling Interest In Consolidated Entity | 3.0M | 2.5M | 2.6M | 2.3M | 2.1M | 2.0M | |
Retained Earnings Total Equity | 2.1B | 2.6B | 3.2B | 3.7B | 4.3B | 4.5B | |
Long Term Debt Total | 2.4B | 2.6B | 5.1B | 4.3B | 5.0B | 5.2B |
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Try AI Portfolio ArchitectCheck out Correlation Analysis 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 bureau of economic analysis. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Construction Materials 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 Martin Marietta. If investors know Martin 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 Martin Marietta 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 (0.12) | Dividend Share 3.01 | Earnings Share 32.16 | Revenue Per Share 105.734 | Quarterly Revenue Growth (0.05) |
The market value of Martin Marietta Materials is measured differently than its book value, which is the value of Martin that is recorded on the company's balance sheet. Investors also form their own opinion of Martin Marietta's value that differs from its market value or its book value, called intrinsic value, which is Martin Marietta's 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 Martin Marietta's market value can be influenced by many factors that don't directly affect Martin Marietta's 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 Martin Marietta's value and its price as these two are different measures arrived at by different means. Investors typically determine if Martin Marietta is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Martin Marietta's 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.