MPLX Depreciation vs Begin Period Cash Flow Analysis

MPLX Stock  USD 51.66  1.13  2.24%   
MPLX LP financial indicator trend analysis is infinitely more than just investigating MPLX LP recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MPLX LP is a good investment. Please check the relationship between MPLX LP Depreciation and its Begin Period Cash Flow accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MPLX LP. 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 information on how to buy MPLX Stock please use our How to Invest in MPLX LP guide.

Depreciation vs Begin Period Cash Flow

Depreciation vs Begin Period Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MPLX LP Depreciation account and Begin Period Cash Flow. At this time, the significance of the direction appears to have almost no relationship.
The correlation between MPLX LP's Depreciation and Begin Period Cash Flow is 0.1. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of MPLX LP, assuming nothing else is changed. The correlation between historical values of MPLX LP's Depreciation and Begin Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of MPLX LP are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Depreciation i.e., MPLX LP's Depreciation and Begin Period Cash Flow go up and down completely randomly.

Correlation Coefficient

0.1
Relationship DirectionPositive 
Relationship StrengthInsignificant

Depreciation

Depreciation indicates how much of MPLX LP value has been used up. For tax purposes MPLX LP can deduct the cost of the tangible assets it purchases as business expenses. However, MPLX LP must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
Most indicators from MPLX LP's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MPLX LP 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 MPLX LP. 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 information on how to buy MPLX Stock please use our How to Invest in MPLX LP guide.At this time, MPLX LP's Tax Provision is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 12.64 in 2024, whereas Selling General Administrative is likely to drop slightly above 227.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit4.1B4.3B4.8B5.1B
Total Revenue9.6B10.5B10.7B11.2B

MPLX LP fundamental ratios Correlations

0.80.940.960.910.940.250.530.980.910.960.840.890.630.990.941.00.981.00.910.981.00.430.250.870.99
0.80.90.710.720.70.140.610.810.810.810.730.740.390.830.80.770.80.780.740.820.80.30.140.760.8
0.940.90.860.880.850.260.690.940.880.950.830.890.470.960.840.940.940.930.910.940.940.460.260.870.94
0.960.710.860.890.920.230.430.890.860.840.690.820.610.90.940.960.890.960.810.890.960.350.230.790.9
0.910.720.880.890.820.20.510.880.80.830.730.810.530.890.820.920.880.910.810.880.910.310.20.760.88
0.940.70.850.920.820.160.450.910.820.880.760.810.50.920.890.930.910.940.790.90.940.40.160.790.92
0.250.140.260.230.20.160.70.260.510.260.490.59-0.060.240.10.250.280.240.30.260.250.841.00.580.26
0.530.610.690.430.510.450.70.560.70.590.690.82-0.050.570.340.510.580.50.590.580.530.850.70.810.54
0.980.810.940.890.880.910.260.560.910.980.90.890.631.00.90.981.00.980.931.00.980.460.260.891.0
0.910.810.880.860.80.820.510.70.910.880.90.960.560.910.880.890.910.90.850.910.920.630.510.970.91
0.960.810.950.840.830.880.260.590.980.880.90.880.60.990.850.950.990.950.950.990.960.480.260.880.98
0.840.730.830.690.730.760.490.690.90.90.90.910.50.890.740.830.90.840.840.910.840.640.490.940.9
0.890.740.890.820.810.810.590.820.890.960.880.910.450.890.760.880.90.880.880.90.890.730.590.980.89
0.630.390.470.610.530.5-0.06-0.050.630.560.60.50.450.620.720.630.620.650.680.630.63-0.01-0.060.460.64
0.990.830.960.90.890.920.240.571.00.910.990.890.890.620.90.981.00.980.931.00.990.450.240.891.0
0.940.80.840.940.820.890.10.340.90.880.850.740.760.720.90.920.890.940.790.90.940.230.10.770.91
1.00.770.940.960.920.930.250.510.980.890.950.830.880.630.980.920.981.00.910.970.990.410.250.850.98
0.980.80.940.890.880.910.280.581.00.910.990.90.90.621.00.890.980.980.941.00.980.490.280.91.0
1.00.780.930.960.910.940.240.50.980.90.950.840.880.650.980.941.00.980.910.971.00.40.240.860.98
0.910.740.910.810.810.790.30.590.930.850.950.840.880.680.930.790.910.940.910.940.910.50.30.840.93
0.980.820.940.890.880.90.260.581.00.910.990.910.90.631.00.90.971.00.970.940.980.480.260.91.0
1.00.80.940.960.910.940.250.530.980.920.960.840.890.630.990.940.990.981.00.910.980.430.250.880.99
0.430.30.460.350.310.40.840.850.460.630.480.640.73-0.010.450.230.410.490.40.50.480.430.840.750.46
0.250.140.260.230.20.161.00.70.260.510.260.490.59-0.060.240.10.250.280.240.30.260.250.840.580.26
0.870.760.870.790.760.790.580.810.890.970.880.940.980.460.890.770.850.90.860.840.90.880.750.580.89
0.990.80.940.90.880.920.260.541.00.910.980.90.890.641.00.910.981.00.980.931.00.990.460.260.89
Click cells to compare fundamentals

MPLX LP Account Relationship Matchups

MPLX LP fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets40.4B36.4B35.5B35.7B36.5B20.8B
Other Current Liab1.8B1.0B2.5B1.1B1.2B612.8M
Total Current Liabilities2.1B2.1B3.3B2.4B2.6B1.3B
Total Stockholder Equity16.6B13.0B12.1B12.5B13.3B8.6B
Other Liab481M495M637M484M556.6M301.1M
Accounts Payable242M152M172M224M153M128.6M
Other Assets123M489M35.5B35.7B36.5B38.4B
Long Term Debt19.7B19.4B18.1B18.8B19.3B9.9B
Good Will2.6B9.5B7.7B7.6B8.8B9.2B
Common Stock Shares Outstanding907M1.1B1.0B1.0B1.0B540.4M
Inventory110M118M142M148M159M167.0M
Other Current Assets110M245M36M40M39M51.5M
Total Liab23.8B23.4B23.5B23.1B22.9B12.3B
Intangible Assets1.3B959M831M705M654M537.2M
Property Plant Equipment22.1B21.2B20.0B19.4B22.3B11.4B
Short Long Term Debt Total20.3B20.7B19.1B20.3B20.9B11.4B
Property Plant And Equipment Net22.7B21.8B20.5B19.4B19.8B13.1B
Current Deferred Revenue59M97M77M80M81M55.9M
Net Debt20.3B20.7B19.1B20.1B19.9B11.0B
Non Current Assets Total38.9B34.9B34B33.8B33.7B21.3B
Non Currrent Assets Other59M71M107M1.9B1.9B2.0B
Net Receivables1.2B1.2B1.3B1.5B1.6B1.6B
Liabilities And Stockholders Equity40.4B36.4B35.5B35.7B36.5B22.4B
Non Current Liabilities Total21.7B21.3B19.1B19.8B20.3B11.6B
Other Stockholder Equity16.6B(723M)(724M)(731M)12.5B13.1B
Total Current Assets1.5B1.5B1.5B1.9B2.8B2.9B
Short Term Debt67M828M559M1.0B1.2B1.2B
Retained Earnings(17.3B)(13.8B)(12.8B)(13.3B)(12.5B)(11.8B)
Deferred Long Term Liab421M441M170M142M163.3M254.9M
Common Stock15.8B12.2B11.2B11.7B12.5B9.3B
Net Tangible Assets6.8B5.4B3.3B5.9B6.7B5.6B
Long Term Debt Total19.7B19.4B18.1B18.8B21.6B11.7B
Long Term Investments5.3B4.0B5.1B5.3B3.7B4.5B

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