Marathon Short Term Investments vs Total Current Liabilities Analysis

MPC Stock

USD 159.29 0.09 0.06%

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 Investments and its Total Current Liabilities 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 Investments vs Total Current Liabilities

Short Term Investments vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Marathon Petroleum Corp Short Term Investments account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.

The correlation between Marathon Petroleum's Short Term Investments and Total Current Liabilities is 0.78. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Total Current Liabilities 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 Investments and Total Current Liabilities 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 Investments of Marathon Petroleum Corp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Short Term Investments i.e., Marathon Petroleum's Short Term Investments and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.78

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Short Term Investments

Short Term Investments is an item under the current assets section of Marathon Petroleum balance sheet. It contains any investments Marathon Petroleum Corp undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Marathon Petroleum Corp can easily liquidate in the marketplace.

Total Current Liabilities

Total Current Liabilities is an item on Marathon Petroleum balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Marathon Petroleum Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

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

Interest Expense Depreciation And Amortization

Marathon Petroleum fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Other Liab
Total Assets		0.99	0.68	0.87	0.95	0.98	0.69	0.95	0.76	0.33	0.97	-0.11	0.39	0.72	0.87	-0.38	0.88	0.99	0.97	0.34	0.22	0.91	0.93	0.82	0.67	0.96
Short Long Term Debt Total	0.99		0.75	0.86	0.9	0.97	0.66	0.98	0.71	0.27	0.95	-0.12	0.35	0.68	0.82	-0.36	0.88	1.0	0.95	0.47	0.22	0.93	0.91	0.83	0.74	0.98
Other Current Liab	0.68	0.75		0.75	0.5	0.61	0.3	0.71	0.56	0.28	0.55	0.26	0.55	0.61	0.36	-0.39	0.78	0.73	0.62	0.65	-0.21	0.79	0.7	0.81	0.98	0.74
Total Current Liabilities	0.87	0.86	0.75		0.74	0.77	0.46	0.76	0.95	0.64	0.74	0.05	0.67	0.94	0.6	-0.37	0.78	0.86	0.83	0.28	-0.03	0.92	0.93	0.97	0.73	0.82
Total Stockholder Equity	0.95	0.9	0.5	0.74		0.95	0.77	0.88	0.67	0.25	0.97	-0.1	0.3	0.61	0.95	-0.34	0.83	0.92	0.94	0.16	0.31	0.76	0.84	0.66	0.48	0.87
Property Plant And Equipment Net	0.98	0.97	0.61	0.77	0.95		0.73	0.97	0.65	0.17	0.99	-0.17	0.25	0.59	0.9	-0.38	0.85	0.98	0.96	0.34	0.28	0.85	0.86	0.71	0.61	0.95
Current Deferred Revenue	0.69	0.66	0.3	0.46	0.77	0.73		0.71	0.37	-0.12	0.77	-0.12	0.01	0.26	0.85	0.04	0.78	0.67	0.71	0.2	0.6	0.45	0.49	0.35	0.31	0.55
Net Debt	0.95	0.98	0.71	0.76	0.88	0.97	0.71		0.57	0.07	0.95	-0.14	0.18	0.53	0.84	-0.31	0.88	0.98	0.93	0.53	0.3	0.87	0.83	0.72	0.72	0.96
Accounts Payable	0.76	0.71	0.56	0.95	0.67	0.65	0.37	0.57		0.78	0.63	0.06	0.76	0.98	0.52	-0.36	0.64	0.71	0.73	0.0	-0.12	0.81	0.87	0.89	0.53	0.67
Cash	0.33	0.27	0.28	0.64	0.25	0.17	-0.12	0.07	0.78		0.15	0.08	0.84	0.83	0.03	-0.29	0.18	0.27	0.26	-0.21	-0.34	0.43	0.55	0.68	0.23	0.25
Non Current Assets Total	0.97	0.95	0.55	0.74	0.97	0.99	0.77	0.95	0.63	0.15		-0.14	0.22	0.56	0.94	-0.36	0.85	0.96	0.96	0.28	0.31	0.81	0.84	0.66	0.56	0.93
Non Currrent Assets Other	-0.11	-0.12	0.26	0.05	-0.1	-0.17	-0.12	-0.14	0.06	0.08	-0.14		0.4	0.08	-0.07	-0.42	0.16	-0.13	-0.03	-0.24	-0.67	-0.11	0.01	0.0	0.27	-0.09
Cash And Short Term Investments	0.39	0.35	0.55	0.67	0.3	0.25	0.01	0.18	0.76	0.84	0.22	0.4		0.82	0.08	-0.43	0.43	0.35	0.33	-0.16	-0.53	0.5	0.63	0.7	0.49	0.34
Net Receivables	0.72	0.68	0.61	0.94	0.61	0.59	0.26	0.53	0.98	0.83	0.56	0.08	0.82		0.42	-0.36	0.61	0.68	0.68	0.03	-0.18	0.81	0.87	0.92	0.56	0.66
Good Will	0.87	0.82	0.36	0.6	0.95	0.9	0.85	0.84	0.52	0.03	0.94	-0.07	0.08	0.42		-0.24	0.79	0.83	0.89	0.13	0.42	0.63	0.69	0.47	0.38	0.78
Common Stock Shares Outstanding	-0.38	-0.36	-0.39	-0.37	-0.34	-0.38	0.04	-0.31	-0.36	-0.29	-0.36	-0.42	-0.43	-0.36	-0.24		-0.22	-0.36	-0.47	0.12	0.65	-0.32	-0.5	-0.35	-0.35	-0.43
Short Term Investments	0.88	0.88	0.78	0.78	0.83	0.85	0.78	0.88	0.64	0.18	0.85	0.16	0.43	0.61	0.79	-0.22		0.88	0.85	0.41	0.21	0.79	0.8	0.74	0.78	0.83
Non Current Liabilities Total	0.99	1.0	0.73	0.86	0.92	0.98	0.67	0.98	0.71	0.27	0.96	-0.13	0.35	0.68	0.83	-0.36	0.88		0.95	0.44	0.23	0.93	0.91	0.82	0.72	0.98
Inventory	0.97	0.95	0.62	0.83	0.94	0.96	0.71	0.93	0.73	0.26	0.96	-0.03	0.33	0.68	0.89	-0.47	0.85	0.95		0.24	0.16	0.85	0.89	0.75	0.61	0.92
Other Current Assets	0.34	0.47	0.65	0.28	0.16	0.34	0.2	0.53	0.0	-0.21	0.28	-0.24	-0.16	0.03	0.13	0.12	0.41	0.44	0.24		0.31	0.44	0.19	0.39	0.68	0.43
Other Stockholder Equity	0.22	0.22	-0.21	-0.03	0.31	0.28	0.6	0.3	-0.12	-0.34	0.31	-0.67	-0.53	-0.18	0.42	0.65	0.21	0.23	0.16	0.31		0.04	-0.03	-0.05	-0.18	0.13
Total Liab	0.91	0.93	0.79	0.92	0.76	0.85	0.45	0.87	0.81	0.43	0.81	-0.11	0.5	0.81	0.63	-0.32	0.79	0.93	0.85	0.44	0.04		0.92	0.91	0.79	0.92
Property Plant And Equipment Gross	0.93	0.91	0.7	0.93	0.84	0.86	0.49	0.83	0.87	0.55	0.84	0.01	0.63	0.87	0.69	-0.5	0.8	0.91	0.89	0.19	-0.03	0.92		0.91	0.66	0.91
Total Current Assets	0.82	0.83	0.81	0.97	0.66	0.71	0.35	0.72	0.89	0.68	0.66	0.0	0.7	0.92	0.47	-0.35	0.74	0.82	0.75	0.39	-0.05	0.91	0.91		0.77	0.8
Short Term Debt	0.67	0.74	0.98	0.73	0.48	0.61	0.31	0.72	0.53	0.23	0.56	0.27	0.49	0.56	0.38	-0.35	0.78	0.72	0.61	0.68	-0.18	0.79	0.66	0.77		0.73
Other Liab	0.96	0.98	0.74	0.82	0.87	0.95	0.55	0.96	0.67	0.25	0.93	-0.09	0.34	0.66	0.78	-0.43	0.83	0.98	0.92	0.43	0.13	0.92	0.91	0.8	0.73

Click cells to compare fundamentals

Marathon Petroleum Account Relationship Matchups

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

Also Currently Popular

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.

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America

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:

How To Invest In Marathon

Details

Is Marathon Stock a good investment?

Details

What is Marathon Petroleum's Net Worth?

Details

Largest Oil & Gas Refining & Marketing Companies

View

Largest Energy Companies

View

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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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

12.89

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Marathon Short Term Investments vs Total Current Liabilities Analysis

Short Term Investments vs Total Current Liabilities

Short Term Investments vs Total Current Liabilities Correlation Analysis

Correlation Coefficient

Short Term Investments

Total Current Liabilities

Marathon Petroleum fundamental ratios Correlations

Marathon Petroleum Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Marathon Petroleum fundamental ratios Accounts

Also Currently Popular

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Short Long Term Debt Total	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Property Plant And Equipment Net	+ 0.98	Total Assets
Net Debt	+ 0.98	Short Long Term Debt Total

Other Stockholder Equity	- 0.67	Non Currrent Assets Other
Other Stockholder Equity	- 0.53	Cash And Short Term Investments
Property Plant And Equipment Gross	- 0.5	Common Stock Shares Outstanding
Inventory	- 0.47	Common Stock Shares Outstanding
Other Liab	- 0.43	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.43	Cash And Short Term Investments