Marathon Current Deferred Revenue vs Deferred Long Term Liab Analysis

MRO Stock  USD 28.55  0.37  1.28%   
Marathon Oil financial indicator trend analysis is infinitely more than just investigating Marathon Oil recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Marathon Oil is a good investment. Please check the relationship between Marathon Oil Current Deferred Revenue and its Deferred Long Term Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marathon Oil. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Marathon Stock, please use our How to Invest in Marathon Oil guide.

Current Deferred Revenue vs Deferred Long Term Liab

Current Deferred Revenue vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Marathon Oil Current Deferred Revenue account and Deferred Long Term Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Marathon Oil's Current Deferred Revenue and Deferred Long Term Liab is 0.51. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Marathon Oil, assuming nothing else is changed. The correlation between historical values of Marathon Oil's Current Deferred Revenue and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Marathon Oil are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Current Deferred Revenue i.e., Marathon Oil's Current Deferred Revenue and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.51
Relationship DirectionPositive 
Relationship StrengthWeak

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Marathon Oil's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Marathon Oil 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 Oil. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Marathon Stock, please use our How to Invest in Marathon Oil guide.At this time, Marathon Oil's Selling General Administrative is very stable compared to the past year. As of the 22nd of November 2024, Tax Provision is likely to grow to about 502.9 M, though Discontinued Operations is likely to grow to (4.2 B).
 2021 2022 2023 2024 (projected)
Total Operating Expenses757M867M673M639.4M
Cost Of Revenue3.3B3.2B3.7B3.5B

Marathon Oil fundamental ratios Correlations

0.75-0.590.610.970.990.490.430.990.590.430.620.080.93-0.130.550.280.950.74-0.080.640.210.740.40.70.03
0.75-0.510.20.750.780.710.520.770.340.520.20.140.78-0.230.290.140.680.49-0.040.210.180.730.560.84-0.11
-0.59-0.51-0.17-0.72-0.65-0.34-0.26-0.62-0.08-0.26-0.36-0.54-0.390.84-0.150.09-0.36-0.160.02-0.05-0.55-0.29-0.17-0.710.73
0.610.2-0.170.470.540.28-0.150.570.61-0.150.8-0.350.450.20.57-0.190.720.410.060.880.290.11-0.040.030.24
0.970.75-0.720.470.990.440.530.980.480.530.50.180.84-0.30.440.280.830.71-0.120.490.310.720.40.73-0.16
0.990.78-0.650.540.990.520.461.00.540.460.550.080.89-0.180.490.280.90.73-0.110.550.290.760.420.71-0.03
0.490.71-0.340.280.440.52-0.20.540.51-0.20.32-0.160.52-0.090.34-0.030.50.060.020.180.30.410.170.580.01
0.430.52-0.26-0.150.530.46-0.20.41-0.121.0-0.210.310.43-0.16-0.010.40.280.7-0.15-0.01-0.070.590.60.41-0.1
0.990.77-0.620.570.981.00.540.410.60.410.590.070.91-0.150.540.290.920.72-0.10.590.260.750.40.710.01
0.590.34-0.080.610.480.540.51-0.120.6-0.120.59-0.20.580.260.560.30.680.42-0.180.630.030.330.240.240.39
0.430.52-0.26-0.150.530.46-0.21.00.41-0.12-0.210.310.43-0.16-0.010.40.280.7-0.15-0.01-0.070.590.60.41-0.1
0.620.2-0.360.80.50.550.32-0.210.590.59-0.210.110.52-0.110.550.020.710.360.310.80.140.16-0.120.310.07
0.080.14-0.54-0.350.180.08-0.160.310.07-0.20.310.110.09-0.77-0.070.22-0.060.010.22-0.3-0.170.10.220.53-0.54
0.930.78-0.390.450.840.890.520.430.910.580.430.520.090.050.560.440.940.72-0.060.55-0.060.860.510.740.25
-0.13-0.230.840.2-0.3-0.18-0.09-0.16-0.150.26-0.16-0.11-0.770.050.160.230.110.19-0.170.3-0.390.060.0-0.530.91
0.550.29-0.150.570.440.490.34-0.010.540.56-0.010.55-0.070.560.160.280.650.48-0.340.57-0.120.320.00.30.36
0.280.140.09-0.190.280.28-0.030.40.290.30.40.020.220.440.230.280.270.62-0.190.01-0.530.570.350.210.49
0.950.68-0.360.720.830.90.50.280.920.680.280.71-0.060.940.110.650.270.71-0.020.750.060.710.380.580.28
0.740.49-0.160.410.710.730.060.70.720.420.70.360.010.720.190.480.620.71-0.10.55-0.090.710.450.330.35
-0.08-0.040.020.06-0.12-0.110.02-0.15-0.1-0.18-0.150.310.22-0.06-0.17-0.34-0.19-0.02-0.10.06-0.030.01-0.08-0.03-0.08
0.640.21-0.050.880.490.550.18-0.010.590.63-0.010.8-0.30.550.30.570.010.750.550.060.050.18-0.140.110.33
0.210.18-0.550.290.310.290.3-0.070.260.03-0.070.14-0.17-0.06-0.39-0.12-0.530.06-0.09-0.030.05-0.04-0.010.08-0.58
0.740.73-0.290.110.720.760.410.590.750.330.590.160.10.860.060.320.570.710.710.010.18-0.040.670.620.25
0.40.56-0.17-0.040.40.420.170.60.40.240.6-0.120.220.510.00.00.350.380.45-0.08-0.14-0.010.670.40.12
0.70.84-0.710.030.730.710.580.410.710.240.410.310.530.74-0.530.30.210.580.33-0.030.110.080.620.4-0.34
0.03-0.110.730.24-0.16-0.030.01-0.10.010.39-0.10.07-0.540.250.910.360.490.280.35-0.080.33-0.580.250.12-0.34
Click cells to compare fundamentals

Marathon Oil Account Relationship Matchups

Marathon Oil fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets20.2B18.0B17.0B19.9B19.6B25.6B
Short Long Term Debt Total5.6B5.5B4.0B5.9B5.4B5.5B
Other Current Liab438M376M288M354M382M405.2M
Total Current Liabilities1.7B1.2B1.6B2.3B3.9B4.4B
Total Stockholder Equity12.2B10.6B10.7B11.4B11.2B11.9B
Property Plant And Equipment Net17B15.6B14.5B17.4B17.2B18.4B
Net Debt4.6B4.7B3.4B5.6B5.3B4.5B
Cash858M742M580M334M155M147.3M
Non Current Assets Total18.1B16.3B15.2B18.3B18.0B20.8B
Non Currrent Assets Other352M259M224M315M360M521.4M
Cash And Short Term Investments858M742M580M334M155M147.3M
Net Receivables1.1B747M1.1B1.1B1.2B2.1B
Common Stock Shares Outstanding810M792M788M687M608M780.2M
Liabilities And Stockholders Equity20.2B18.0B17.0B19.9B19.6B25.6B
Non Current Liabilities Total6.3B6.2B4.7B6.2B4.4B8.8B
Inventory72M76M77M125M186M176.7M
Other Current Assets83M47M22M66M76M136.8M
Other Stockholder Equity3.1B3.1B2.4B(309M)(1.8B)(1.7B)
Total Liab8.1B7.4B6.3B8.5B8.4B13.2B
Total Current Assets2.1B1.6B1.8B1.7B1.6B1.5B
Short Term Debt101M70M82M502M2.1B2.2B
Accounts Payable1.3B837M1.1B1.3B1.4B2.2B
Property Plant And Equipment Gross17B15.6B36.9B41.3B43.1B22.2B
Accumulated Other Comprehensive Income63M105M73M82M106M86.1M
Other Liab739M695M644M666M599.4M569.4M
Other Assets151M706M137M168M193.2M183.5M
Long Term Debt5.5B5.4B4.0B5.5B3.4B5.7B
Treasury Stock(3.3B)(3.8B)(4.1B)(4.8B)(4.3B)(4.1B)
Property Plant Equipment17B15.6B14.5B17.4B20.0B22.2B
Retained Earnings8.0B6.5B7.3B10.7B12.0B11.6B
Net Tangible Assets12.1B10.6B10.7B11.4B10.3B12.7B
Retained Earnings Total Equity8.0B6.5B7.3B10.7B9.6B9.8B
Long Term Debt Total5.5B5.4B4.0B5.5B5.0B4.8B

Pair Trading with Marathon Oil

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 Marathon Oil 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 Marathon Oil will appreciate offsetting losses from the drop in the long position's value.

Moving together with Marathon Stock

  0.83PR Permian Resources Aggressive PushPairCorr
The ability to find closely correlated positions to Marathon Oil could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Marathon Oil 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 Marathon Oil - 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 Marathon Oil to buy it.
The correlation of Marathon Oil 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 Marathon Oil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Marathon Oil 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 Marathon Oil 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 CorrelationCorrelation Matching
When determining whether Marathon Oil offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Marathon Oil'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 Oil Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Marathon Oil Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marathon Oil. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Marathon Stock, please use our How to Invest in Marathon Oil guide.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Oil & Gas Exploration & Production 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 Oil. 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 Oil 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
(0.32)
Dividend Share
0.44
Earnings Share
2.32
Revenue Per Share
11.445
Quarterly Revenue Growth
(0.02)
The market value of Marathon Oil 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 Oil's value that differs from its market value or its book value, called intrinsic value, which is Marathon Oil'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 Oil's market value can be influenced by many factors that don't directly affect Marathon Oil'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 Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Marathon Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marathon Oil'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.