Marine Total Assets vs Net Receivables Analysis

MPX Stock

USD 9.84 0.28 2.93%

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

For more information on how to buy Marine Stock please use our How to Invest in Marine Products guide.

Total Assets vs Net Receivables

Total Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Marine Products Total Assets account and Net Receivables. At this time, the significance of the direction appears to have very week relationship.

The correlation between Marine Products' Total Assets and Net Receivables is 0.26. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Marine Products, assuming nothing else is changed. The correlation between historical values of Marine Products' Total Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Marine Products are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Assets i.e., Marine Products' Total Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.26

Relationship Direction	Positive
Relationship Strength	Very Weak

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Total Assets

Total assets refers to the total amount of Marine Products assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Marine Products books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Net Receivables

Most indicators from Marine Products' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Marine Products 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 Marine Products. 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.

For more information on how to buy Marine Stock please use our How to Invest in Marine Products guide.At this time, Marine Products' Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 11.36 in 2024, whereas Selling General Administrative is likely to drop slightly above 28 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	68.3M	93.7M	90.4M	51.0M
Total Revenue	298.0M	381.0M	383.7M	229.5M

Gross Profit Total Revenue

Marine Products fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Common Stock Shares Outstanding	Inventory	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Other Current Liab	Total Current Liabilities	Net Debt	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Good Will	Non Current Liabilities Total	Other Current Assets	Intangible Assets	Property Plant Equipment	Retained Earnings	Common Stock Total Equity
Total Assets		0.98	0.79	0.24	0.68	-0.21	-0.53	0.75	-0.4	0.84	0.79	0.81	0.56	0.68	-0.77	0.67	0.74	0.74	0.26	-0.07	0.8	0.52	-0.35	0.43	0.91	0.37
Total Stockholder Equity	0.98		0.7	0.29	0.65	-0.26	-0.44	0.62	-0.29	0.71	0.77	0.74	0.61	0.52	-0.75	0.53	0.72	0.74	0.14	0.05	0.73	0.58	-0.25	0.25	0.86	0.33
Property Plant And Equipment Net	0.79	0.7		0.24	0.74	-0.33	-0.65	0.71	-0.66	0.86	0.68	0.81	0.47	0.81	-0.74	0.62	0.71	0.72	0.4	-0.31	0.79	0.1	-0.61	0.66	0.84	0.54
Non Current Assets Total	0.24	0.29	0.24		0.59	-0.56	0.01	-0.03	-0.64	0.08	0.07	0.11	-0.07	-0.09	-0.03	-0.04	0.04	0.13	-0.19	-0.6	0.18	-0.4	-0.71	-0.18	0.53	0.89
Non Currrent Assets Other	0.68	0.65	0.74	0.59		-0.66	-0.37	0.49	-0.69	0.59	0.55	0.64	0.47	0.56	-0.55	0.47	0.54	0.59	0.08	-0.43	0.56	0.0	-0.69	0.27	0.82	0.76
Other Assets	-0.21	-0.26	-0.33	-0.56	-0.66		0.15	-0.17	0.47	-0.06	-0.32	-0.26	-0.24	0.01	0.14	0.01	-0.15	-0.2	0.06	0.35	-0.21	0.15	0.51	0.08	-0.42	-0.62
Common Stock Shares Outstanding	-0.53	-0.44	-0.65	0.01	-0.37	0.15		-0.56	0.44	-0.63	-0.81	-0.88	-0.59	-0.62	0.8	-0.52	-0.81	-0.79	-0.62	0.15	-0.89	-0.22	0.38	-0.45	-0.5	-0.25
Inventory	0.75	0.62	0.71	-0.03	0.49	-0.17	-0.56		-0.55	0.9	0.71	0.72	0.29	0.83	-0.49	0.9	0.46	0.43	0.43	-0.35	0.72	0.32	-0.47	0.76	0.75	0.28
Other Stockholder Equity	-0.4	-0.29	-0.66	-0.64	-0.69	0.47	0.44	-0.55		-0.61	-0.34	-0.5	0.0	-0.56	0.26	-0.52	-0.26	-0.29	-0.36	0.9	-0.54	0.41	0.99	-0.54	-0.73	-0.9
Total Liab	0.84	0.71	0.86	0.08	0.59	-0.06	-0.63	0.9	-0.61		0.69	0.79	0.32	0.94	-0.66	0.88	0.62	0.6	0.52	-0.35	0.8	0.25	-0.54	0.77	0.84	0.39
Property Plant And Equipment Gross	0.79	0.77	0.68	0.07	0.55	-0.32	-0.81	0.71	-0.34	0.69		0.94	0.69	0.6	-0.86	0.63	0.86	0.85	0.26	0.03	0.93	0.51	-0.27	0.3	0.69	0.25
Total Current Assets	0.81	0.74	0.81	0.11	0.64	-0.26	-0.88	0.72	-0.5	0.79	0.94		0.69	0.75	-0.93	0.67	0.93	0.92	0.45	-0.13	0.97	0.38	-0.43	0.45	0.76	0.37
Other Current Liab	0.56	0.61	0.47	-0.07	0.47	-0.24	-0.59	0.29	0.0	0.32	0.69	0.69		0.34	-0.75	0.22	0.76	0.77	0.16	0.33	0.57	0.55	0.05	0.08	0.4	-0.01
Total Current Liabilities	0.68	0.52	0.81	-0.09	0.56	0.01	-0.62	0.83	-0.56	0.94	0.6	0.75	0.34		-0.63	0.89	0.6	0.56	0.55	-0.32	0.7	0.19	-0.48	0.82	0.67	0.28
Net Debt	-0.77	-0.75	-0.74	-0.03	-0.55	0.14	0.8	-0.49	0.26	-0.66	-0.86	-0.93	-0.75	-0.63		-0.48	-1.0	-0.99	-0.36	-0.14	-0.89	-0.44	0.2	-0.26	-0.63	-0.22
Accounts Payable	0.67	0.53	0.62	-0.04	0.47	0.01	-0.52	0.9	-0.52	0.88	0.63	0.67	0.22	0.89	-0.48		0.45	0.41	0.37	-0.36	0.65	0.29	-0.44	0.71	0.66	0.25
Cash	0.74	0.72	0.71	0.04	0.54	-0.15	-0.81	0.46	-0.26	0.62	0.86	0.93	0.76	0.6	-1.0	0.45		0.99	0.35	0.15	0.89	0.42	-0.2	0.23	0.6	0.22
Cash And Short Term Investments	0.74	0.74	0.72	0.13	0.59	-0.2	-0.79	0.43	-0.29	0.6	0.85	0.92	0.77	0.56	-0.99	0.41	0.99		0.31	0.11	0.88	0.41	-0.25	0.21	0.64	0.28
Net Receivables	0.26	0.14	0.4	-0.19	0.08	0.06	-0.62	0.43	-0.36	0.52	0.26	0.45	0.16	0.55	-0.36	0.37	0.35	0.31		-0.31	0.45	0.08	-0.31	0.65	0.29	0.08
Good Will	-0.07	0.05	-0.31	-0.6	-0.43	0.35	0.15	-0.35	0.9	-0.35	0.03	-0.13	0.33	-0.32	-0.14	-0.36	0.15	0.11	-0.31		-0.18	0.57	0.92	-0.45	-0.45	-0.79
Non Current Liabilities Total	0.8	0.73	0.79	0.18	0.56	-0.21	-0.89	0.72	-0.54	0.8	0.93	0.97	0.57	0.7	-0.89	0.65	0.89	0.88	0.45	-0.18		0.29	-0.48	0.43	0.77	0.42
Other Current Assets	0.52	0.58	0.1	-0.4	0.0	0.15	-0.22	0.32	0.41	0.25	0.51	0.38	0.55	0.19	-0.44	0.29	0.42	0.41	0.08	0.57	0.29		0.47	0.1	0.2	-0.48
Intangible Assets	-0.35	-0.25	-0.61	-0.71	-0.69	0.51	0.38	-0.47	0.99	-0.54	-0.27	-0.43	0.05	-0.48	0.2	-0.44	-0.2	-0.25	-0.31	0.92	-0.48	0.47		-0.46	-0.7	-0.93
Property Plant Equipment	0.43	0.25	0.66	-0.18	0.27	0.08	-0.45	0.76	-0.54	0.77	0.3	0.45	0.08	0.82	-0.26	0.71	0.23	0.21	0.65	-0.45	0.43	0.1	-0.46		0.49	0.17
Retained Earnings	0.91	0.86	0.84	0.53	0.82	-0.42	-0.5	0.75	-0.73	0.84	0.69	0.76	0.4	0.67	-0.63	0.66	0.6	0.64	0.29	-0.45	0.77	0.2	-0.7	0.49		0.7
Common Stock Total Equity	0.37	0.33	0.54	0.89	0.76	-0.62	-0.25	0.28	-0.9	0.39	0.25	0.37	-0.01	0.28	-0.22	0.25	0.22	0.28	0.08	-0.79	0.42	-0.48	-0.93	0.17	0.7

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Marine Products Account Relationship Matchups

Marine Products fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	104.8M	119.4M	132.8M	163.7M	193.8M	117.6M
Total Stockholder Equity	77.2M	84.5M	98.5M	124.4M	151.6M	93.7M
Property Plant And Equipment Net	14.8M	14.9M	14.4M	15.0M	22.5M	15.2M
Non Current Assets Total	33.8M	38.9M	39.7M	38.7M	54.6M	49.8M
Non Currrent Assets Other	3.7M	3.7M	3.9M	14.0M	19.3M	11.6M
Other Assets	15.1M	84.7M	21.6M	19.7M	1.0	0.95
Common Stock Shares Outstanding	34.1M	33.9M	33.3M	33.4M	33.6M	29.6M
Liabilities And Stockholders Equity	104.8M	119.4M	132.8M	163.7M	193.8M	117.6M
Inventory	41.6M	42.3M	73.3M	73.0M	61.6M	35.4M
Other Stockholder Equity	252K	(1.9M)	(2.6M)	(2.0M)	(1.8M)	(1.7M)
Total Liab	27.6M	34.9M	34.3M	39.3M	42.2M	23.9M
Property Plant And Equipment Gross	14.8M	14.9M	46.2M	48.0M	55.2M	58.0M
Total Current Assets	70.9M	80.5M	93.1M	125.0M	139.2M	146.2M
Other Current Liab	713K	1.6M	1.0M	13.0M	16.5M	17.3M
Total Current Liabilities	17.0M	21.7M	18.1M	23.6M	22.6M	16.7M
Net Debt	(19.6M)	(31.5M)	(14.0M)	(42.9M)	(71.7M)	(68.1M)
Accounts Payable	3.9M	6.1M	6.8M	8.3M	6.1M	4.5M
Cash	19.8M	31.6M	14.1M	43.2M	72.0M	75.5M
Cash And Short Term Investments	19.8M	31.6M	14.1M	43.2M	72.0M	75.5M
Net Receivables	7.5M	4.7M	3.3M	5.4M	2.8M	3.9M
Non Current Liabilities Total	10.5M	13.2M	16.2M	15.7M	19.6M	20.6M
Other Current Assets	2.1M	1.9M	2.5M	3.4M	2.8M	2.3M
Accumulated Other Comprehensive Income	(2.7M)	(1.9M)	(2.6M)	(2.0M)	(1.8M)	(1.7M)
Property Plant Equipment	14.8M	14.9M	14.4M	15.2M	13.7M	11.3M
Retained Earnings	76.6M	83.1M	97.7M	123.0M	148.1M	83.2M
Common Stock Total Equity	3.5M	3.4M	3.4M	3.4M	3.9M	3.7M
Other Liab	10.4M	13.2M	16.2M	15.6M	17.9M	18.8M
Current Deferred Revenue	295K	1.2M	1.3M	2.0M	654K	882.7K
Short Term Debt	12.1M	12.8M	9.0M	57K	654.0K	621.3K
Net Tangible Assets	73.4M	80.7M	94.8M	120.6M	138.7M	89.5M
Retained Earnings Total Equity	74.0M	76.6M	83.1M	97.7M	112.4M	86.4M
Non Current Liabilities Other	10.5M	13.2M	683K	1.3M	1.6M	1.6M
Cash And Equivalents	19.8M	31.6M	14.1M	43.2M	49.6M	52.1M

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Marine Total Assets vs Net Receivables Analysis

Total Assets vs Net Receivables

Total Assets vs Net Receivables Correlation Analysis

Correlation Coefficient

Total Assets

Net Receivables

Marine Products fundamental ratios Correlations

Marine Products Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Marine Products fundamental ratios Accounts

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Additional Tools for Marine Stock Analysis

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Intangible Assets	+ 0.99	Other Stockholder Equity
Cash And Short Term Investments	+ 0.99	Cash
Total Stockholder Equity	+ 0.98	Total Assets
Non Current Liabilities Total	+ 0.97	Total Current Assets
Total Current Liabilities	+ 0.94	Total Liab
Total Current Assets	+ 0.94	Property Plant And Equipment Gross

Cash	- 1.0	Net Debt
Cash And Short Term Investments	- 0.99	Net Debt
Common Stock Total Equity	- 0.93	Intangible Assets
Net Debt	- 0.93	Total Current Assets
Common Stock Total Equity	- 0.9	Other Stockholder Equity
Non Current Liabilities Total	- 0.89	Net Debt