Marine Retained Earnings vs Total Stockholder Equity Analysis
MPX Stock | USD 10.75 0.14 1.32% |
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 Retained Earnings and its Total Stockholder Equity 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 tightly coupled 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.
Retained Earnings vs Total Stockholder Equity
Retained Earnings vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Marine Products Retained Earnings account and Total Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Marine Products' Retained Earnings and Total Stockholder Equity is 0.86. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Stockholder Equity 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' Retained Earnings and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Marine Products are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Retained Earnings i.e., Marine Products' Retained Earnings and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.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 tightly coupled 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.Sales General And Administrative To Revenue is likely to rise to 0.12 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 |
Marine Products fundamental ratios Correlations
Click cells to compare fundamentals
Marine Products Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | 13.3M | 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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Is Marine Products' 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 Marine Products. If investors know Marine 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 Marine Products 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 (0.61) | Dividend Share 0.56 | Earnings Share 1 | Revenue Per Share 9.684 | Quarterly Revenue Growth (0.42) |
The market value of Marine Products is measured differently than its book value, which is the value of Marine that is recorded on the company's balance sheet. Investors also form their own opinion of Marine Products' value that differs from its market value or its book value, called intrinsic value, which is Marine Products' 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 Marine Products' market value can be influenced by many factors that don't directly affect Marine Products' 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 Marine Products' value and its price as these two are different measures arrived at by different means. Investors typically determine if Marine Products is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marine Products' 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.