Martin Non Current Liabilities Total vs Asset Turnover Analysis

MLM Stock  USD 611.52  1.09  0.18%   
Martin Marietta financial indicator trend analysis is infinitely more than just investigating Martin Marietta Materials recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Martin Marietta Materials is a good investment. Please check the relationship between Martin Marietta Non Current Liabilities Total and its Asset Turnover accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Martin Marietta Materials. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Non Current Liabilities Total vs Asset Turnover

Non Current Liabilities Total vs Asset Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Martin Marietta Materials Non Current Liabilities Total account and Asset Turnover. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Martin Marietta's Non Current Liabilities Total and Asset Turnover is -0.54. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Asset Turnover in the same time period over historical financial statements of Martin Marietta Materials, assuming nothing else is changed. The correlation between historical values of Martin Marietta's Non Current Liabilities Total and Asset Turnover 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 Liabilities Total of Martin Marietta Materials are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Non Current Liabilities Total i.e., Martin Marietta's Non Current Liabilities Total and Asset Turnover go up and down completely randomly.

Correlation Coefficient

-0.54
Relationship DirectionNegative 
Relationship StrengthVery Weak

Non Current Liabilities Total

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.
Most indicators from Martin Marietta's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Martin Marietta Materials 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 Martin Marietta Materials. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At this time, Martin Marietta's Selling General Administrative is very stable compared to the past year. As of the 13th of May 2024, Discontinued Operations is likely to grow to about 12.7 M, while Enterprise Value Over EBITDA is likely to drop 9.61.
 2021 2022 2023 2024 (projected)
Gross Profit1.3B1.4B2.0B2.1B
Total Revenue5.4B6.2B6.8B7.1B

Martin Marietta fundamental ratios Correlations

0.970.830.930.990.980.940.920.980.60.990.840.60.990.690.980.980.550.690.990.890.740.180.980.930.64
0.970.790.920.930.940.960.930.970.620.960.860.620.960.580.990.940.50.580.990.890.760.150.940.90.51
0.830.790.670.840.820.740.760.790.540.820.730.540.810.60.830.80.670.570.820.730.380.190.80.820.57
0.930.920.670.920.890.870.850.920.580.910.760.580.920.660.890.920.540.630.920.870.920.190.920.860.59
0.990.930.840.920.960.880.890.960.610.980.80.610.980.740.950.980.60.740.960.890.730.20.980.940.71
0.980.940.820.890.960.950.880.950.450.990.750.450.980.70.960.960.440.720.970.80.70.240.960.90.61
0.940.960.740.870.880.950.870.960.370.960.790.370.950.580.970.890.360.60.970.740.70.150.920.830.47
0.920.930.760.850.890.880.870.910.630.890.930.630.890.380.920.940.640.390.920.920.71-0.030.840.960.37
0.980.970.790.920.960.950.960.910.520.980.840.520.980.640.980.940.510.660.990.850.730.150.970.890.6
0.60.620.540.580.610.450.370.630.520.490.651.00.540.290.560.630.640.250.570.870.550.090.520.670.39
0.990.960.820.910.980.990.960.890.980.490.790.491.00.720.980.960.480.730.980.820.70.20.990.90.65
0.840.860.730.760.80.750.790.930.840.650.790.650.80.290.850.820.730.270.850.870.59-0.210.760.910.34
0.60.620.540.580.610.450.370.630.521.00.490.650.540.290.560.630.640.250.570.870.550.090.520.670.39
0.990.960.810.920.980.980.950.890.980.541.00.80.540.720.980.970.490.730.990.850.730.190.990.90.65
0.690.580.60.660.740.70.580.380.640.290.720.290.290.720.620.650.250.960.640.470.470.360.790.510.88
0.980.990.830.890.950.960.970.920.980.560.980.850.560.980.620.950.490.631.00.860.690.130.960.90.55
0.980.940.80.920.980.960.890.940.940.630.960.820.630.970.650.950.60.640.960.910.770.190.940.960.6
0.550.50.670.540.60.440.360.640.510.640.480.730.640.490.250.490.60.160.510.710.4-0.140.50.730.39
0.690.580.570.630.740.720.60.390.660.250.730.270.250.730.960.630.640.160.640.460.450.450.790.490.92
0.990.990.820.920.960.970.970.920.990.570.980.850.570.990.641.00.960.510.640.870.740.150.970.910.56
0.890.890.730.870.890.80.740.920.850.870.820.870.870.850.470.860.910.710.460.870.770.090.830.920.52
0.740.760.380.920.730.70.70.710.730.550.70.590.550.730.470.690.770.40.450.740.770.250.710.710.42
0.180.150.190.190.20.240.15-0.030.150.090.2-0.210.090.190.360.130.19-0.140.450.150.090.250.220.070.41
0.980.940.80.920.980.960.920.840.970.520.990.760.520.990.790.960.940.50.790.970.830.710.220.870.73
0.930.90.820.860.940.90.830.960.890.670.90.910.670.90.510.90.960.730.490.910.920.710.070.870.53
0.640.510.570.590.710.610.470.370.60.390.650.340.390.650.880.550.60.390.920.560.520.420.410.730.53
Click cells to compare fundamentals

Martin Marietta Account Relationship Matchups

Martin Marietta fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.1B10.6B14.4B15.0B15.5B16.3B
Short Long Term Debt Total2.8B2.6B5.1B5.0B4.9B5.2B
Other Current Liab498.5M499.3M752.6M361.5M697.2M732.1M
Total Current Liabilities838.5M499.3M752.6M1.4B1.2B1.2B
Total Stockholder Equity5.4B5.9B6.5B7.2B8.0B8.4B
Property Plant And Equipment Net5.7B5.7B6.8B6.7B6.6B6.9B
Net Debt2.8B2.4B4.8B4.7B3.6B3.8B
Retained Earnings2.1B2.6B3.2B3.7B4.6B4.8B
Accounts Payable229.6M207.8M356.2M385M343.3M360.5M
Cash21.0M207.3M258.4M358M1.3B1.3B
Non Current Assets Total8.7B8.9B12.4B12.1B11.6B12.1B
Non Currrent Assets Other133.4M295.2M1.0B827M1.4B1.5B
Cash And Short Term Investments21.0M207.3M258.4M358M1.3B1.3B
Net Receivables573.7M575.1M774M785.9M753.3M791.0M
Common Stock Shares Outstanding62.7M62.4M62.6M62.5M62.1M56.9M
Liabilities And Stockholders Equity10.1B10.6B14.4B15.0B15.5B16.3B
Non Current Liabilities Total3.9B4.2B7.1B6.4B6.3B6.6B
Inventory690.8M709M752.6M873.7M988.6M1.0B
Other Current Assets141.2M79.8M137.9M153.9M894.7M939.4M
Other Stockholder Equity3.4B3.4B3.5B3.5B3.5B1.8B
Total Liab4.8B4.7B7.9B7.8B7.4B7.8B
Total Current Assets1.4B1.7B2.0B2.9B3.9B4.1B
Short Term Debt340.0M48.6M53.9M699.1M473M496.7M
Intangible Assets2.9B508M1.1B847.8M697.7M827.9M
Good Will2.4B2.4B3.5B3.6B3.4B3.6B
Property Plant And Equipment Gross5.7B5.7B6.8B6.7B11.1B11.6B
Accumulated Other Comprehensive Income(145.8M)(158.4M)(97.6M)(38.5M)(49.2M)(51.7M)
Other Liab1.1B1.6B2.0B1.5B1.7B1.8B
Other Assets133.4M748M1.3B919.2M1.1B1.1B
Long Term Debt2.4B2.6B5.1B4.3B3.9B4.1B
Property Plant Equipment5.2B5.2B6.8B6.7B7.7B8.1B
Current Deferred Revenue(229.6M)(256.4M)(410.1M)(343.3M)(309.0M)(293.5M)
Net Tangible Assets2.5B3.0B2.0B2.7B3.1B1.9B
Noncontrolling Interest In Consolidated Entity3.0M2.5M2.6M2.3M2.1M2.0M
Retained Earnings Total Equity2.1B2.6B3.2B3.7B4.3B4.5B
Long Term Debt Total2.4B2.6B5.1B4.3B5.0B5.2B

Martin Marietta Investors Sentiment

The influence of Martin Marietta's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Martin. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Martin Marietta's public news can be used to forecast risks associated with an investment in Martin. The trend in average sentiment can be used to explain how an investor holding Martin can time the market purely based on public headlines and social activities around Martin Marietta Materials. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Martin Marietta's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Martin Marietta's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Martin Marietta's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Martin Marietta.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Martin Marietta in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Martin Marietta's short interest history, or implied volatility extrapolated from Martin Marietta options trading.

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When determining whether Martin Marietta Materials is a strong investment it is important to analyze Martin Marietta's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Martin Marietta's future performance. For an informed investment choice regarding Martin Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Martin Marietta Materials. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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Is Martin Marietta's industry 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 Martin Marietta. If investors know Martin 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 Martin Marietta 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
7.658
Dividend Share
2.88
Earnings Share
34
Revenue Per Share
107.953
Quarterly Revenue Growth
(0.08)
The market value of Martin Marietta Materials is measured differently than its book value, which is the value of Martin that is recorded on the company's balance sheet. Investors also form their own opinion of Martin Marietta's value that differs from its market value or its book value, called intrinsic value, which is Martin Marietta'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 Martin Marietta's market value can be influenced by many factors that don't directly affect Martin Marietta'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 Martin Marietta's value and its price as these two are different measures arrived at by different means. Investors typically determine if Martin Marietta is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Martin Marietta'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.