Martin Net Debt vs Short Long Term Debt Analysis

MMLP Stock

USD 3.97 0.02 0.50%

Martin Midstream financial indicator trend analysis is infinitely more than just investigating Martin Midstream Partners recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Martin Midstream Partners is a good investment. Please check the relationship between Martin Midstream Net Debt and its Short Long Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Martin Midstream Partners. 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.

Net Debt vs Short Long Term Debt

Net Debt vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Martin Midstream Partners Net Debt account and Short Long Term Debt. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Martin Midstream's Net Debt and Short Long Term Debt is 0.18. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Martin Midstream Partners, assuming nothing else is changed. The correlation between historical values of Martin Midstream's Net Debt and Short Long Term Debt 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 Debt of Martin Midstream Partners are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Net Debt i.e., Martin Midstream's Net Debt and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.18

Relationship Direction	Positive
Relationship Strength	Insignificant

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Most indicators from Martin Midstream's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Martin Midstream Partners 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 Midstream Partners. 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.

As of 11/24/2024, Tax Provision is likely to grow to about 6.2 M, while Selling General Administrative is likely to drop slightly above 38.9 M.

	2021	2022	2023	2024 (projected)
Gross Profit	292.6M	339.3M	106.2M	204.2M
Total Revenue	882.4M	1.0B	798.0M	868.8M

Gross Profit Total Revenue

Martin Midstream fundamental ratios Correlations

	Total Assets	Common Stock Shares Outstanding	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Accounts Payable	Cash	Other Assets	Long Term Debt	Good Will	Inventory	Other Current Assets	Total Liab	Intangible Assets	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Total Current Assets	Short Term Debt
Total Assets		0.28	0.6	0.64	0.28	-0.24	0.56	0.08	0.1	0.92	0.53	0.69	-0.25	0.93	0.77	0.96	0.89	0.96	0.89	0.99	0.4	0.08	0.61	0.9	0.72	-0.03
Common Stock Shares Outstanding	0.28		0.45	0.08	-0.04	0.71	-0.17	-0.1	0.23	0.6	0.11	0.39	0.6	0.59	0.03	0.41	0.64	0.41	0.65	0.29	-0.22	-0.1	0.01	0.64	0.18	0.46
Other Current Liab	0.6	0.45		0.15	0.14	0.18	-0.02	0.05	0.19	0.65	-0.07	0.48	0.13	0.62	0.23	0.69	0.66	0.67	0.65	0.61	-0.27	0.06	0.2	0.65	0.36	0.28
Total Current Liabilities	0.64	0.08	0.15		0.31	-0.45	0.95	0.42	-0.14	0.47	0.84	0.68	-0.12	0.58	0.38	0.44	0.45	0.44	0.45	0.55	0.68	0.42	0.9	0.45	0.88	-0.04
Total Stockholder Equity	0.28	-0.04	0.14	0.31		-0.4	0.32	0.01	-0.7	0.27	0.15	0.46	0.2	0.29	0.3	0.15	0.26	0.15	0.26	0.24	0.14	0.01	0.26	0.26	0.36	-0.05
Other Liab	-0.24	0.71	0.18	-0.45	-0.4		-0.59	-0.33	0.41	0.08	-0.36	-0.04	0.46	0.03	-0.32	-0.05	0.12	-0.06	0.13	-0.21	-0.44	-0.33	-0.42	0.12	-0.29	0.23
Accounts Payable	0.56	-0.17	-0.02	0.95	0.32	-0.59		0.36	-0.15	0.31	0.83	0.6	-0.24	0.43	0.4	0.33	0.28	0.33	0.28	0.47	0.8	0.37	0.88	0.29	0.82	-0.3
Cash	0.08	-0.1	0.05	0.42	0.01	-0.33	0.36		-0.1	0.02	0.13	0.22	0.03	0.08	-0.32	-0.04	0.02	-0.04	0.0	0.0	0.04	1.0	0.48	0.01	0.42	0.14
Other Assets	0.1	0.23	0.19	-0.14	-0.7	0.41	-0.15	-0.1		0.11	-0.06	0.13	-0.07	0.08	0.02	0.23	0.1	0.23	0.1	0.12	-0.05	-0.1	-0.05	0.11	0.01	-0.13
Long Term Debt	0.92	0.6	0.65	0.47	0.27	0.08	0.31	0.02	0.11		0.4	0.67	0.04	0.99	0.66	0.95	1.0	0.95	1.0	0.92	0.19	0.03	0.42	1.0	0.59	0.16
Good Will	0.53	0.11	-0.07	0.84	0.15	-0.36	0.83	0.13	-0.06	0.4		0.45	-0.09	0.51	0.49	0.4	0.4	0.4	0.4	0.5	0.82	0.13	0.61	0.4	0.58	-0.06
Inventory	0.69	0.39	0.48	0.68	0.46	-0.04	0.6	0.22	0.13	0.67	0.45		0.14	0.72	0.3	0.58	0.65	0.59	0.65	0.6	0.31	0.22	0.72	0.66	0.86	-0.13
Other Current Assets	-0.25	0.6	0.13	-0.12	0.2	0.46	-0.24	0.03	-0.07	0.04	-0.09	0.14		0.06	-0.3	-0.18	0.09	-0.19	0.09	-0.27	-0.36	0.03	-0.18	0.08	-0.04	0.35
Total Liab	0.93	0.59	0.62	0.58	0.29	0.03	0.43	0.08	0.08	0.99	0.51	0.72	0.06		0.65	0.93	0.99	0.93	0.99	0.92	0.28	0.08	0.52	0.99	0.67	0.16
Intangible Assets	0.77	0.03	0.23	0.38	0.3	-0.32	0.4	-0.32	0.02	0.66	0.49	0.3	-0.3	0.65		0.76	0.64	0.75	0.64	0.8	0.56	-0.32	0.22	0.64	0.3	-0.11
Property Plant Equipment	0.96	0.41	0.69	0.44	0.15	-0.05	0.33	-0.04	0.23	0.95	0.4	0.58	-0.18	0.93	0.76		0.93	1.0	0.93	0.98	0.25	-0.04	0.4	0.93	0.54	0.07
Short Long Term Debt Total	0.89	0.64	0.66	0.45	0.26	0.12	0.28	0.02	0.1	1.0	0.4	0.65	0.09	0.99	0.64	0.93		0.93	1.0	0.9	0.16	0.02	0.39	1.0	0.57	0.21
Property Plant And Equipment Net	0.96	0.41	0.67	0.44	0.15	-0.06	0.33	-0.04	0.23	0.95	0.4	0.59	-0.19	0.93	0.75	1.0	0.93		0.93	0.98	0.25	-0.04	0.41	0.94	0.54	0.06
Net Debt	0.89	0.65	0.65	0.45	0.26	0.13	0.28	0.0	0.1	1.0	0.4	0.65	0.09	0.99	0.64	0.93	1.0	0.93		0.9	0.16	0.0	0.38	1.0	0.56	0.21
Non Current Assets Total	0.99	0.29	0.61	0.55	0.24	-0.21	0.47	0.0	0.12	0.92	0.5	0.6	-0.27	0.92	0.8	0.98	0.9	0.98	0.9		0.37	0.0	0.5	0.9	0.61	0.01
Non Currrent Assets Other	0.4	-0.22	-0.27	0.68	0.14	-0.44	0.8	0.04	-0.05	0.19	0.82	0.31	-0.36	0.28	0.56	0.25	0.16	0.25	0.16	0.37		0.04	0.47	0.17	0.4	-0.32
Cash And Short Term Investments	0.08	-0.1	0.06	0.42	0.01	-0.33	0.37	1.0	-0.1	0.03	0.13	0.22	0.03	0.08	-0.32	-0.04	0.02	-0.04	0.0	0.0	0.04		0.48	0.01	0.42	0.14
Net Receivables	0.61	0.01	0.2	0.9	0.26	-0.42	0.88	0.48	-0.05	0.42	0.61	0.72	-0.18	0.52	0.22	0.4	0.39	0.41	0.38	0.5	0.47	0.48		0.4	0.96	-0.26
Non Current Liabilities Total	0.9	0.64	0.65	0.45	0.26	0.12	0.29	0.01	0.11	1.0	0.4	0.66	0.08	0.99	0.64	0.93	1.0	0.94	1.0	0.9	0.17	0.01	0.4		0.57	0.18
Total Current Assets	0.72	0.18	0.36	0.88	0.36	-0.29	0.82	0.42	0.01	0.59	0.58	0.86	-0.04	0.67	0.3	0.54	0.57	0.54	0.56	0.61	0.4	0.42	0.96	0.57		-0.18
Short Term Debt	-0.03	0.46	0.28	-0.04	-0.05	0.23	-0.3	0.14	-0.13	0.16	-0.06	-0.13	0.35	0.16	-0.11	0.07	0.21	0.06	0.21	0.01	-0.32	0.14	-0.26	0.18	-0.18

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Martin Midstream Account Relationship Matchups

Martin Midstream fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	667.2M	579.6M	579.9M	598.9M	509.4M	738.7M
Common Stock Shares Outstanding	38.7M	38.7M	38.7M	38.7M	38.8M	24.4M
Liabilities And Stockholders Equity	667.2M	579.6M	627.9M	658.3M	509.4M	539.0M
Other Current Liab	667K	28.5M	28.3M	26.6M	30.0M	25.5M
Total Current Liabilities	107.3M	119.4M	104.1M	110.9M	100.6M	116.7M
Total Stockholder Equity	(36.2M)	(46.9M)	816K	510.4M	(66.2M)	(62.9M)
Other Liab	8.9M	7.1M	9.2M	8.2M	9.5M	5.0M
Accounts Payable	64.8M	51.3M	68.6M	74.5M	55.0M	82.5M
Cash	2.9M	5.0M	52K	45K	54K	51.3K
Other Assets	26.1M	22.3M	19.8M	16.6M	19.1M	31.4M
Long Term Debt	569.8M	484.6M	498.9M	512.9M	421.2M	456.4M
Inventory	62.5M	54.1M	62.1M	109.8M	43.8M	62.8M
Other Current Assets	5.8M	9.0M	12.9M	13.6M	9.2M	5.0M
Total Liab	703.4M	626.5M	627.9M	658.3M	574.0M	585.9M
Intangible Assets	3.6M	2.8M	2.2M	2.4M	55K	52.3K
Property Plant Equipment	417.2M	402.1M	367.3M	354.3M	407.4M	478.4M
Short Long Term Debt Total	593.9M	531.6M	514.9M	539.1M	481.8M	486.0M
Property Plant And Equipment Net	441.1M	402.1M	367.3M	354.3M	366.2M	494.5M
Net Debt	591.1M	526.6M	514.8M	539.1M	481.7M	479.4M
Non Current Assets Total	485.8M	444.0M	406.2M	387.7M	395.1M	613.8M
Non Currrent Assets Other	2.6M	803K	1.8M	2.3M	2.0M	1.9M
Cash And Short Term Investments	2.9M	5.0M	52K	45K	54K	51.3K
Net Receivables	105.1M	67.6M	98.6M	87.7M	61.2M	102.3M
Non Current Liabilities Total	596.1M	507.1M	523.8M	547.4M	473.4M	486.8M
Total Current Assets	181.4M	135.6M	173.7M	211.1M	114.3M	179.7M
Short Term Debt	6.8M	39.0M	6.9M	9.1M	14.9M	12.1M
Other Stockholder Equity	2.1M	1.9M	50.7M	571.5M	657.3M	690.1M
Property Plant And Equipment Gross	441.1M	402.1M	920.6M	938.5M	979.1M	601.6M
Accumulated Other Comprehensive Income	(421.1M)	(466.4M)	(467.5M)	816K	734.4K	771.1K
Common Stock	(38.3M)	(48.8M)	(50.7M)	(61.1M)	(55.0M)	(52.2M)
Net Tangible Assets	(57.5M)	(66.5M)	(68.9M)	(78.5M)	(70.7M)	(67.1M)
Long Term Debt Total	569.8M	484.6M	498.9M	512.9M	461.6M	513.5M
Deferred Long Term Liab	1.7M	803K	687K	1.1M	1.3M	1.3M
Non Current Liabilities Other	26.3M	22.5M	9.2M	8.2M	9.5M	10.3M
Net Invested Capital	533.6M	469.2M	451.1M	453.4M	356.5M	491.0M

Pair Trading with Martin Midstream

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Martin Midstream position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Martin Midstream will appreciate offsetting losses from the drop in the long position's value.

Moving together with Martin Stock

0.67	AM	Antero Midstream Partners Sell-off Trend	Pair Corr
0.78	EE	Excelerate Energy	Pair Corr

Moving against Martin Stock

0.7	LPG	Dorian LPG	Pair Corr
0.57	BROGW	Brooge Energy Limited	Pair Corr
0.46	GEL	Genesis Energy LP	Pair Corr
0.45	FLNG	FLEX LNG Earnings Call This Week	Pair Corr
0.44	FRO	Frontline Earnings Call This Week	Pair Corr

The ability to find closely correlated positions to Martin Midstream could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Martin Midstream when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Martin Midstream - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Martin Midstream Partners to buy it.

The correlation of Martin Midstream is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Martin Midstream moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Martin Midstream Partners moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Martin Midstream can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Martin Stock Analysis

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

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