Mplx Lp Stock Cash And Equivalents
MPLXPDelisted Stock | USD 33.38 0.00 0.00% |
MPLX LP fundamentals help investors to digest information that contributes to MPLX LP's financial success or failures. It also enables traders to predict the movement of MPLX Pink Sheet. The fundamental analysis module provides a way to measure MPLX LP's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to MPLX LP pink sheet.
MPLX |
MPLX LP Company Cash And Equivalents Analysis
MPLX LP's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
CompetitionIn accordance with the recently published financial statements, MPLX LP has 0.0 in Cash And Equivalents. This is 100.0% lower than that of the Energy sector and 100.0% lower than that of the Oil & Gas Midstream industry. The cash and equivalents for all United States stocks is 100.0% higher than that of the company.
MPLX Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MPLX LP's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of MPLX LP could also be used in its relative valuation, which is a method of valuing MPLX LP by comparing valuation metrics of similar companies.MPLX LP is currently under evaluation in cash and equivalents category among its peers.
MPLX Fundamentals
Return On Equity | 0.3 | |||
Return On Asset | 0.0783 | |||
Profit Margin | 0.37 % | |||
Operating Margin | 0.37 % | |||
Current Valuation | 55.8 B | |||
Shares Owned By Institutions | 100.00 % | |||
Revenue | 10.63 B | |||
Gross Profit | 5.61 B | |||
EBITDA | 4.91 B | |||
Net Income | 3.94 B | |||
Total Debt | 18.07 B | |||
Book Value Per Share | 11.77 X | |||
Cash Flow From Operations | 5.02 B | |||
Earnings Per Share | 2.96 X | |||
Number Of Employees | 10 | |||
Beta | 1.43 | |||
Total Asset | 35.66 B | |||
Net Asset | 35.66 B | |||
Last Dividend Paid | 2.96 |
About MPLX LP Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze MPLX LP's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MPLX LP using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MPLX LP based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with MPLX LP
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MPLX LP position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MPLX LP will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to MPLX LP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MPLX LP when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MPLX LP - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MPLX LP to buy it.
The correlation of MPLX LP is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MPLX LP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MPLX LP moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for MPLX LP can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Other Consideration for investing in MPLX Pink Sheet
If you are still planning to invest in MPLX LP check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the MPLX LP's history and understand the potential risks before investing.
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