Murphy Capital Surpluse vs Short Term Investments Analysis
MUR Stock | USD 41.24 0.06 0.15% |
Murphy Oil financial indicator trend analysis is infinitely more than just investigating Murphy Oil recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Murphy Oil is a good investment. Please check the relationship between Murphy Oil Capital Surpluse and its Short Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Murphy 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 employment. To learn how to invest in Murphy Stock, please use our How to Invest in Murphy Oil guide.
Capital Surpluse vs Short Term Investments
Capital Surpluse vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Murphy Oil Capital Surpluse account and Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Murphy Oil's Capital Surpluse and Short Term Investments is 0.63. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Murphy Oil, assuming nothing else is changed. The correlation between historical values of Murphy Oil's Capital Surpluse and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of Murphy Oil are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Capital Surpluse i.e., Murphy Oil's Capital Surpluse and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.63 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Capital Surpluse
Short Term Investments
Short Term Investments is an item under the current assets section of Murphy Oil balance sheet. It contains any investments Murphy Oil undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Murphy Oil can easily liquidate in the marketplace.Most indicators from Murphy Oil's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Murphy 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 Murphy 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 employment. To learn how to invest in Murphy Stock, please use our How to Invest in Murphy Oil guide.At this time, Murphy Oil's Selling General Administrative is relatively stable compared to the past year. As of 06/29/2024, Tax Provision is likely to grow to about 205.7 M, though Discontinued Operations is likely to grow to (2.3 M).
2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 1.5B | 1.8B | 46.5M | 44.2M | EBITDA | 1.8B | 2.7B | 1.6B | 1.4B |
Murphy Oil fundamental ratios Correlations
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Murphy Oil Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Murphy Oil fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 11.7B | 10.6B | 10.3B | 10.3B | 9.8B | 7.8B | |
Short Long Term Debt Total | 2.8B | 3.0B | 2.5B | 2.8B | 2.1B | 1.3B | |
Other Current Liab | 942.8M | 716.3M | 1.2B | 492.9M | 170.1M | 161.6M | |
Total Current Liabilities | 942.8M | 716.3M | 1.2B | 1.3B | 846.5M | 1.3B | |
Total Stockholder Equity | 5.4B | 4.4B | 4.3B | 5.0B | 5.4B | 3.9B | |
Property Plant And Equipment Net | 10.0B | 8.3B | 8.1B | 9.2B | 9.0B | 6.0B | |
Net Debt | 2.5B | 2.7B | 1.9B | 2.3B | 1.8B | 934.7M | |
Retained Earnings | 6.6B | 5.4B | 5.2B | 6.1B | 6.5B | 3.7B | |
Cash | 306.8M | 310.6M | 521.2M | 492M | 317.1M | 414.1M | |
Non Current Assets Total | 10.7B | 9.6B | 9.4B | 9.3B | 9.0B | 6.3B | |
Non Currrent Assets Other | 645.1M | 956.2M | 910.6M | 44.3M | 43.7M | 45.9M | |
Cash And Short Term Investments | 306.8M | 310.6M | 521.2M | 492M | 317.1M | 515.7M | |
Net Receivables | 426.7M | 262.0M | 258.2M | 391.2M | 344.0M | 617.6M | |
Common Stock Shares Outstanding | 164.8M | 153.5M | 154.3M | 157.5M | 156.6M | 189.6M | |
Liabilities And Stockholders Equity | 11.7B | 10.6B | 10.3B | 10.3B | 9.8B | 7.8B | |
Non Current Liabilities Total | 5.0B | 5.5B | 4.8B | 3.9B | 3.4B | 2.6B | |
Inventory | 76.1M | 66.1M | 54.2M | 54.5M | 54.5M | 51.7M | |
Other Stockholder Equity | (798.9M) | (569.2M) | (565.3M) | (721.1M) | (857.3M) | (814.4M) | |
Total Liab | 5.9B | 6.2B | 6.0B | 5.2B | 4.2B | 4.6B | |
Total Current Assets | 974.4M | 1.0B | 880.9M | 972.3M | 752.2M | 714.6M | |
Short Term Debt | 92.3M | 103.8M | 140.1M | 221.1M | 208.6M | 219.0M | |
Accounts Payable | 602.1M | 407.1M | 623.1M | 543.8M | 446.9M | 424.5M | |
Other Current Assets | 492.4M | 543.7M | 362M | 344.2M | 36.7M | 34.8M | |
Property Plant And Equipment Gross | 10.6B | 8.3B | 21.5B | 9.2B | 22.1B | 23.2B | |
Accumulated Other Comprehensive Income | (574.2M) | (601.3M) | (527.7M) | (534.7M) | (521.1M) | (547.2M) | |
Other Liab | 1.6B | 2.5B | 2.4B | 1.3B | 1.5B | 1.2B | |
Other Assets | 176.1M | 1.4B | 1.7M | 100K | 115K | 109.3K | |
Long Term Debt | 2.8B | 3.0B | 2.5B | 1.8B | 1.3B | 1.9B | |
Treasury Stock | (1.2B) | (1.7B) | (1.7B) | (1.7B) | (1.5B) | (1.4B) | |
Property Plant Equipment | 10.0B | 8.3B | 8.1B | 9.2B | 10.6B | 8.6B | |
Current Deferred Revenue | (694.4M) | (510.9M) | (763.2M) | 21.0M | 18.9M | 19.9M | |
Net Tangible Assets | 5.5B | 4.2B | 4.3B | 5.0B | 4.5B | 4.8B | |
Noncontrolling Interest In Consolidated Entity | 368.3M | 337.2M | 179.8M | 163.5M | 188.0M | 197.4M | |
Retained Earnings Total Equity | 5.5B | 6.6B | 5.4B | 5.2B | 6.0B | 5.8B | |
Long Term Debt Total | 2.8B | 3.0B | 2.5B | 1.8B | 2.1B | 2.5B |
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