Martinrea Pb Ratio vs Capex To Depreciation Analysis
MRE Stock | CAD 12.19 0.04 0.33% |
Martinrea International financial indicator trend analysis is infinitely more than just investigating Martinrea International recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Martinrea International is a good investment. Please check the relationship between Martinrea International Pb Ratio and its Capex To Depreciation accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Martinrea International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Pb Ratio vs Capex To Depreciation
Pb Ratio vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Martinrea International Pb Ratio account and Capex To Depreciation. At this time, the significance of the direction appears to have pay attention.
The correlation between Martinrea International's Pb Ratio and Capex To Depreciation is -1.0. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Martinrea International, assuming nothing else is changed. The correlation between historical values of Martinrea International's Pb Ratio and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of Martinrea International are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Pb Ratio i.e., Martinrea International's Pb Ratio and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | -1.0 |
Relationship Direction | Negative |
Relationship Strength | Strong |
Pb Ratio
Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Most indicators from Martinrea International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Martinrea International 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 Martinrea International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Martinrea International's Selling General Administrative is very stable compared to the past year. As of the 6th of June 2024, Enterprise Value Over EBITDA is likely to grow to 3.72, while Tax Provision is likely to drop about 31.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 32.9M | 51.8M | 80.3M | 84.3M | Depreciation And Amortization | 251.6M | 293.4M | 337.4M | 354.3M |
Martinrea International fundamental ratios Correlations
Click cells to compare fundamentals
Martinrea International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Martinrea International fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.1B | 3.4B | 3.6B | 4.1B | 4.0B | 4.2B | |
Short Long Term Debt Total | 983.9M | 1.0B | 1.3B | 1.3B | 1.5B | 1.6B | |
Other Current Liab | 16.8M | 17.5M | 18.2M | 47.1M | 54.2M | 33.9M | |
Total Current Liabilities | 788.7M | 1.0B | 1.2B | 1.4B | 1.3B | 1.4B | |
Total Stockholder Equity | 1.2B | 1.2B | 1.2B | 1.4B | 1.5B | 1.5B | |
Property Plant And Equipment Net | 1.7B | 1.8B | 2.0B | 2.2B | 2.2B | 2.3B | |
Net Debt | 865.0M | 894.2M | 1.1B | 1.2B | 782.4M | 821.6M | |
Retained Earnings | 425.4M | 372.8M | 410.3M | 543.6M | 678.3M | 712.2M | |
Accounts Payable | 728M | 968.0M | 1.1B | 1.3B | 1.2B | 1.2B | |
Cash | 119.0M | 152.8M | 153.3M | 161.7M | 186.8M | 196.1M | |
Non Current Assets Total | 2.0B | 2.1B | 2.2B | 2.5B | 2.5B | 2.6B | |
Non Currrent Assets Other | 4.0M | 2.2M | 10K | 12.2M | 14.1M | 13.4M | |
Cash And Short Term Investments | 119.0M | 152.8M | 153.3M | 161.7M | 185.9M | 195.2M | |
Net Receivables | 577.3M | 600.4M | 648.0M | 794.3M | 644.0M | 367.8M | |
Common Stock Shares Outstanding | 82.6M | 80.1M | 80.4M | 80.4M | 79.3M | 67.8M | |
Liabilities And Stockholders Equity | 3.1B | 3.4B | 3.6B | 4.1B | 4.8B | 5.0B | |
Non Current Liabilities Total | 1.1B | 1.2B | 1.3B | 1.3B | 1.2B | 1.3B | |
Inventory | 383.7M | 492.7M | 590.8M | 665.3M | 568.3M | 596.7M | |
Other Current Assets | 26.3M | 26.0M | 28.6M | 38.4M | 44.1M | 46.3M | |
Other Stockholder Equity | 42.4M | 43.9M | 44.8M | 45.6M | 41.0M | 39.0M | |
Total Liab | 1.9B | 2.2B | 2.4B | 2.8B | 2.5B | 2.7B | |
Property Plant And Equipment Gross | 1.7B | 1.8B | 3.7B | 4.1B | 4.3B | 4.5B | |
Total Current Assets | 1.1B | 1.3B | 1.4B | 1.7B | 1.5B | 1.6B | |
Accumulated Other Comprehensive Income | 89.1M | 96.6M | 51.2M | 124.1M | 142.7M | 149.8M | |
Short Term Debt | 43.9M | 53.6M | 59.5M | 59.9M | 68.8M | 72.3M | |
Intangible Assets | 54.8M | 52.6M | 47.8M | 45.9M | 42.7M | 51.9M | |
Short Term Investments | 418K | 647K | 4.7M | 2.1M | 1.9M | 1.9M | |
Common Stock Total Equity | 713.4M | 680.2M | 661.4M | 662.4M | 596.2M | 550.9M | |
Common Stock | 661.4M | 662.4M | 663.4M | 663.6M | 597.3M | 547.2M | |
Other Liab | 147.1M | 160.2M | 64.1M | 60.2M | 54.2M | 51.5M | |
Net Tangible Assets | 1.2B | 1.2B | 1.2B | 1.4B | 1.6B | 1.1B | |
Other Assets | 218.9M | 248.2M | 186.4M | 178.9M | 205.8M | 224.6M | |
Long Term Debt | 765.9M | 815.7M | 990.8M | 1.1B | 956.5M | 839.3M | |
Deferred Long Term Liab | 53.0M | 52.6M | 47.8M | 45.9M | 41.3M | 45.8M | |
Short Long Term Debt | 15.7M | 19.5M | 20.2M | 16.2M | 12.8M | 12.1M | |
Property Plant Equipment | 1.7B | 1.8B | 2.0B | 2.2B | 2.5B | 1.6B | |
Long Term Debt Total | 940.0M | 993.5M | 1.2B | 1.3B | 1.5B | 980.2M | |
Capital Surpluse | 42.4M | 43.9M | 44.8M | 45.6M | 52.4M | 47.6M | |
Cash And Equivalents | 119.0M | 152.8M | 153.3M | 161.7M | 185.9M | 123.7M | |
Net Invested Capital | 2.0B | 2.0B | 2.2B | 2.4B | 2.4B | 2.3B |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in Martinrea Stock
Balance Sheet is a snapshot of the financial position of Martinrea International at a specified time, usually calculated after every quarter, six months, or one year. Martinrea International Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Martinrea International and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Martinrea currently owns. An asset can also be divided into two categories, current and non-current.