Mueller Non Current Assets Total vs Total Assets Analysis

MWA Stock  USD 24.97  0.15  0.60%   
Mueller Water financial indicator trend analysis is infinitely more than just investigating Mueller Water Products recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mueller Water Products is a good investment. Please check the relationship between Mueller Water Non Current Assets Total and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mueller Water 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 housing.

Non Current Assets Total vs Total Assets

Non Current Assets Total vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mueller Water Products Non Current Assets Total account and Total Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Mueller Water's Non Current Assets Total and Total Assets is -0.82. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Assets in the same time period over historical financial statements of Mueller Water Products, assuming nothing else is changed. The correlation between historical values of Mueller Water's Non Current Assets Total and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Mueller Water Products are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Non Current Assets Total i.e., Mueller Water's Non Current Assets Total and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.82
Relationship DirectionNegative 
Relationship StrengthSignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Total Assets

Total assets refers to the total amount of Mueller Water 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 Mueller Water 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.
Most indicators from Mueller Water's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mueller Water 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 Mueller Water 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 housing.
At present, Mueller Water's Discontinued Operations is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 3 M, whereas Selling General Administrative is forecasted to decline to about 224.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit364.3M379.5M459M353.6M
Total Revenue1.2B1.3B1.3B964.8M

Mueller Water fundamental ratios Correlations

0.760.85-0.050.620.17-0.060.250.880.490.370.270.540.54-0.93-0.5-0.06-0.81-0.83-0.230.31-0.820.150.31-0.580.83
0.760.78-0.110.380.2-0.320.610.450.640.26-0.060.010.87-0.62-0.010.48-0.45-0.480.30.06-0.380.220.06-0.090.66
0.850.78-0.090.850.35-0.080.20.630.740.340.340.340.63-0.68-0.310.17-0.49-0.53-0.130.0-0.56-0.110.0-0.190.62
-0.05-0.11-0.09-0.110.51-0.510.15-0.02-0.01-0.81-0.38-0.220.07-0.130.20.110.1-0.160.20.170.050.110.170.14-0.06
0.620.380.85-0.110.30.1-0.190.590.660.320.520.470.23-0.52-0.48-0.15-0.43-0.4-0.38-0.04-0.57-0.45-0.04-0.260.5
0.170.20.350.510.3-0.20.030.130.25-0.370.0-0.030.14-0.180.020.070.02-0.190.040.12-0.10.030.120.120.1
-0.06-0.32-0.08-0.510.1-0.2-0.530.17-0.170.620.840.65-0.550.17-0.65-0.6-0.130.26-0.7-0.37-0.18-0.11-0.37-0.380.0
0.250.610.20.15-0.190.03-0.53-0.060.28-0.04-0.46-0.460.72-0.170.480.680.02-0.080.77-0.030.180.18-0.030.270.1
0.880.450.63-0.020.590.130.17-0.060.290.370.440.810.13-0.93-0.81-0.49-0.94-0.85-0.560.36-0.980.120.36-0.860.89
0.490.640.74-0.010.660.25-0.170.280.290.080.12-0.020.69-0.36-0.060.43-0.27-0.130.19-0.36-0.24-0.31-0.360.120.44
0.370.260.34-0.810.32-0.370.62-0.040.370.080.690.54-0.02-0.16-0.51-0.26-0.33-0.05-0.4-0.19-0.33-0.03-0.19-0.380.32
0.27-0.060.34-0.380.520.00.84-0.460.440.120.690.79-0.32-0.13-0.78-0.56-0.290.03-0.77-0.38-0.41-0.16-0.38-0.420.25
0.540.010.34-0.220.47-0.030.65-0.460.81-0.020.540.79-0.35-0.56-0.97-0.8-0.71-0.47-0.910.08-0.810.030.08-0.860.57
0.540.870.630.070.230.14-0.550.720.130.69-0.02-0.32-0.35-0.380.360.8-0.13-0.260.58-0.06-0.040.13-0.060.290.33
-0.93-0.62-0.68-0.13-0.52-0.180.17-0.17-0.93-0.36-0.16-0.13-0.56-0.380.550.230.90.940.27-0.480.91-0.18-0.480.72-0.9
-0.5-0.01-0.310.2-0.480.02-0.650.48-0.81-0.06-0.51-0.78-0.970.360.550.810.750.450.87-0.060.820.01-0.060.87-0.65
-0.060.480.170.11-0.150.07-0.60.68-0.490.43-0.26-0.56-0.80.80.230.810.460.280.86-0.270.560.03-0.270.78-0.25
-0.81-0.45-0.490.1-0.430.02-0.130.02-0.94-0.27-0.33-0.29-0.71-0.130.90.750.460.840.45-0.420.96-0.18-0.420.89-0.91
-0.83-0.48-0.53-0.16-0.4-0.190.26-0.08-0.85-0.13-0.050.03-0.47-0.260.940.450.280.840.25-0.740.86-0.24-0.740.71-0.78
-0.230.3-0.130.2-0.380.04-0.70.77-0.560.19-0.4-0.77-0.910.580.270.870.860.450.25-0.020.60.05-0.020.69-0.29
0.310.060.00.17-0.040.12-0.37-0.030.36-0.36-0.19-0.380.08-0.06-0.48-0.06-0.27-0.42-0.74-0.02-0.440.291.0-0.440.3
-0.82-0.38-0.560.05-0.57-0.1-0.180.18-0.98-0.24-0.33-0.41-0.81-0.040.910.820.560.960.860.6-0.44-0.1-0.440.9-0.88
0.150.22-0.110.11-0.450.03-0.110.180.12-0.31-0.03-0.160.030.13-0.180.010.03-0.18-0.240.050.29-0.10.29-0.180.19
0.310.060.00.17-0.040.12-0.37-0.030.36-0.36-0.19-0.380.08-0.06-0.48-0.06-0.27-0.42-0.74-0.021.0-0.440.29-0.440.3
-0.58-0.09-0.190.14-0.260.12-0.380.27-0.860.12-0.38-0.42-0.860.290.720.870.780.890.710.69-0.440.9-0.18-0.44-0.73
0.830.660.62-0.060.50.10.00.10.890.440.320.250.570.33-0.9-0.65-0.25-0.91-0.78-0.290.3-0.880.190.3-0.73
Click cells to compare fundamentals

Mueller Water Account Relationship Matchups

Mueller Water fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4B1.5B1.5B1.5B1.4B1.3B
Other Current Liab78.5M106.5M97.5M99.8M114.8M77.3M
Total Current Liabilities155M220.1M241M218.8M196.9M155.9M
Other Liab129.3M157.1M141.7M108.2M124.4M131.8M
Accounts Payable67.3M92M122.8M102.9M92.6M80.2M
Other Assets100K73.3M56.7M35.2M40.5M36.1M
Long Term Debt446.5M445.9M446.1M446.7M402.0M491.5M
Good Will99.8M115.1M98.6M93.7M84.3M151.1M
Common Stock Shares Outstanding158.6M159.2M158M156.8M156.9M160.6M
Inventory162.5M184.7M278.7M297.9M268.1M202.0M
Other Current Assets26M29M29.3M26.8M24.1M31.7M
Total Liab754.3M823.1M828.8M793.5M714.2M823.4M
Intangible Assets408.9M392.5M361.2M334M300.6M414.8M
Property Plant Equipment253.8M283.4M301.6M335.3M301.8M185.3M
Short Long Term Debt Total446.3M447.6M446.9M472.1M424.9M505.0M
Total Stockholder Equity640.7M694.9M669.3M711.5M640.4M495.1M
Property Plant And Equipment Net253.8M283.4M301.6M335.3M301.8M189.0M
Current Deferred Revenue15.2M25M24.3M9.2M8.3M7.9M
Net Debt238.7M219.4M300.4M311.8M280.6M377.2M
Retained Earnings(714.2M)(643.9M)(567.3M)(481.8M)(433.6M)(455.3M)
Cash208.9M227.5M146.5M160.3M184.3M175.7M
Non Current Assets Total813.8M864.3M818.1M798.2M718.4M788.6M
Non Currrent Assets Other51.3M73.3M(31.3M)35.2M40.5M30.4M
Cash And Short Term Investments208.9M227.5M146.5M160.3M184.3M175.7M
Net Receivables180.8M212.2M228M221.8M199.6M167.3M
Liabilities And Stockholders Equity1.4B1.5B1.5B1.5B1.4B1.3B
Non Current Liabilities Total599.3M603M587.8M574.7M517.2M678.8M
Other Stockholder Equity1.4B1.3B1.3B1.2B1.1B1.2B
Property Plant And Equipment Gross279.4M634.8M680M709.9M816.4M857.2M
Total Current Assets581.2M653.7M680M706.8M636.1M546.3M
Accumulated Other Comprehensive Income(24.7M)(5M)(44.6M)(48.7M)(56.0M)(58.8M)
Short Term Debt700K900K5.1M4.4M5.0M3.6M
Net Tangible Assets132M187.3M209.5M283.8M326.4M342.7M
Long Term Debt Total445.4M446.5M445.9M446.1M401.5M404.2M
Capital Surpluse1.4B1.4B1.3B1.3B1.2B1.2B

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.
When determining whether Mueller Water Products offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mueller Water'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 Mueller Water Products Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mueller Water Products Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mueller Water 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 housing.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Industrial Machinery & Supplies & Components 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 Mueller Water. If investors know Mueller 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 Mueller Water 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
(0.45)
Dividend Share
0.256
Earnings Share
0.74
Revenue Per Share
8.433
Quarterly Revenue Growth
0.155
The market value of Mueller Water Products is measured differently than its book value, which is the value of Mueller that is recorded on the company's balance sheet. Investors also form their own opinion of Mueller Water's value that differs from its market value or its book value, called intrinsic value, which is Mueller Water'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 Mueller Water's market value can be influenced by many factors that don't directly affect Mueller Water'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 Mueller Water's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mueller Water is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mueller Water'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.