Marathon Short Term Debt vs Long Term Debt Total Analysis
MPC Stock | USD 158.48 0.81 0.51% |
Marathon Petroleum financial indicator trend analysis is infinitely more than just investigating Marathon Petroleum Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Marathon Petroleum Corp is a good investment. Please check the relationship between Marathon Petroleum Short Term Debt and its Long Term Debt Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marathon Petroleum Corp. 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.
Short Term Debt vs Long Term Debt Total
Short Term Debt vs Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Marathon Petroleum Corp Short Term Debt account and Long Term Debt Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Marathon Petroleum's Short Term Debt and Long Term Debt Total is 0.76. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Long Term Debt Total in the same time period over historical financial statements of Marathon Petroleum Corp, assuming nothing else is changed. The correlation between historical values of Marathon Petroleum's Short Term Debt and Long Term Debt Total 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 Term Debt of Marathon Petroleum Corp are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Short Term Debt i.e., Marathon Petroleum's Short Term Debt and Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | 0.76 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Short Term Debt
Long Term Debt Total
Most indicators from Marathon Petroleum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Marathon Petroleum Corp 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 Marathon Petroleum Corp. 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. At present, Marathon Petroleum's Enterprise Value Over EBITDA is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 6.35, whereas Selling General Administrative is forecasted to decline to about 2.1 B.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.3B | 1.2B | 1.3B | 1.3B | Depreciation And Amortization | 3.3B | 3.2B | 3.3B | 2.1B |
Marathon Petroleum fundamental ratios Correlations
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Marathon Petroleum Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Marathon Petroleum fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 98.6B | 85.2B | 85.4B | 89.9B | 86.0B | 58.4B | |
Short Long Term Debt Total | 31.3B | 33.1B | 26.9B | 27.9B | 28.5B | 16.3B | |
Other Current Liab | 897M | 2.9B | 1.5B | 1.8B | 2.3B | 2.4B | |
Total Current Liabilities | 16.1B | 15.7B | 17.9B | 20.0B | 20.2B | 12.6B | |
Total Stockholder Equity | 33.7B | 22.2B | 26.2B | 27.7B | 24.4B | 19.7B | |
Property Plant And Equipment Net | 48.1B | 40.6B | 38.8B | 36.9B | 36.3B | 28.3B | |
Current Deferred Revenue | 2.3B | 1.8B | 2.1B | 1.2B | 1.4B | 1.7B | |
Net Debt | 29.8B | 32.5B | 21.6B | 19.3B | 23.1B | 13.5B | |
Accounts Payable | 11.6B | 7.8B | 13.7B | 15.3B | 13.8B | 9.3B | |
Cash | 1.5B | 555M | 5.3B | 8.6B | 5.4B | 2.8B | |
Non Current Assets Total | 78.4B | 56.9B | 54.9B | 54.7B | 53.9B | 39.7B | |
Non Currrent Assets Other | (3.0B) | (3.6B) | (3.2B) | (2.8B) | 3.0B | 3.2B | |
Cash And Short Term Investments | 1.5B | 555M | 10.8B | 11.8B | 10.2B | 10.7B | |
Net Receivables | 7.9B | 5.8B | 11.0B | 13.5B | 11.6B | 6.6B | |
Good Will | 20.2B | 20.0B | 8.3B | 8.2B | 9.5B | 6.3B | |
Common Stock Shares Outstanding | 664M | 649M | 638M | 516M | 409M | 487.1M | |
Liabilities And Stockholders Equity | 90.1B | 78.1B | 79.0B | 83.5B | 86.0B | 55.5B | |
Non Current Liabilities Total | 39.3B | 39.3B | 33.9B | 34.8B | 34.4B | 21.6B | |
Inventory | 10.2B | 8.0B | 8.1B | 8.8B | 9.3B | 6.7B | |
Other Current Assets | 528M | 14.1B | 568M | 1.2B | 971M | 1.3B | |
Other Stockholder Equity | 18.0B | 18.1B | 13.4B | 1.6B | (10.0B) | (9.5B) | |
Total Liab | 55.4B | 54.9B | 51.8B | 54.8B | 54.6B | 32.8B | |
Property Plant And Equipment Gross | 48.1B | 40.6B | 62.0B | 62.7B | 65.0B | 33.6B | |
Total Current Assets | 20.2B | 28.3B | 30.5B | 35.2B | 32.1B | 18.7B | |
Accumulated Other Comprehensive Income | (320M) | (512M) | (67M) | 2M | (131M) | (137.6M) | |
Short Term Debt | 1.3B | 3.8B | 1.4B | 1.8B | 2.9B | 3.0B | |
Other Liab | 9.3B | 9.5B | 8.0B | 8.3B | 9.6B | 5.4B | |
Other Assets | 3.4B | 9.6B | 2.4B | 3.1B | 3.5B | 2.1B | |
Long Term Debt | 28.1B | 28.7B | 24.4B | 25.2B | 25.3B | 15.8B | |
Intangible Assets | 2.9B | 2.4B | 2.1B | 10.1B | 1.8B | 3.1B | |
Property Plant Equipment | 45.6B | 39.0B | 38.8B | 36.9B | 42.4B | 28.4B | |
Net Tangible Assets | 14.6B | 14.9B | 20.0B | 20.4B | 23.5B | 14.3B | |
Noncontrolling Interest In Consolidated Entity | 8.4B | 7.1B | 6.4B | 6.4B | 7.4B | 5.4B | |
Retained Earnings | 16.0B | 4.7B | 12.9B | 26.1B | 34.6B | 36.3B | |
Retained Earnings Total Equity | 16.0B | 4.7B | 12.9B | 26.1B | 30.1B | 31.6B | |
Capital Surpluse | 33.2B | 33.2B | 33.3B | 33.4B | 38.4B | 21.9B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Marathon Petroleum Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Marathon Petroleum's 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 Marathon Petroleum Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Marathon Petroleum Corp Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marathon Petroleum Corp. 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. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Oil & Gas Refining & Marketing 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 Marathon Petroleum. If investors know Marathon 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 Marathon Petroleum 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 (0.77) | Dividend Share 3.385 | Earnings Share 12.88 | Revenue Per Share 403.307 | Quarterly Revenue Growth (0.15) |
The market value of Marathon Petroleum Corp is measured differently than its book value, which is the value of Marathon that is recorded on the company's balance sheet. Investors also form their own opinion of Marathon Petroleum's value that differs from its market value or its book value, called intrinsic value, which is Marathon Petroleum'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 Marathon Petroleum's market value can be influenced by many factors that don't directly affect Marathon Petroleum'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 Marathon Petroleum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Marathon Petroleum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marathon Petroleum'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.