MDU Total Stockholder Equity vs Total Assets Analysis

MDU Stock  USD 20.05  0.11  0.55%   
MDU Resources financial indicator trend analysis is infinitely more than just investigating MDU Resources Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MDU Resources Group is a good investment. Please check the relationship between MDU Resources Total Stockholder Equity and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MDU Resources Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Total Stockholder Equity vs Total Assets

Total Stockholder Equity vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MDU Resources Group Total Stockholder Equity account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between MDU Resources' Total Stockholder Equity and Total Assets is 0.97. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Assets in the same time period over historical financial statements of MDU Resources Group, assuming nothing else is changed. The correlation between historical values of MDU Resources' Total Stockholder Equity and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of MDU Resources Group are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Stockholder Equity i.e., MDU Resources' Total Stockholder Equity and Total Assets go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Total Assets

Total assets refers to the total amount of MDU Resources assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in MDU Resources Group books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from MDU Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MDU Resources Group 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 MDU Resources Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
At this time, MDU Resources' Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 257.2 K in 2024, whereas Tax Provision is likely to drop slightly above 93.7 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.0B1.1B622.0M590.9M
Total Revenue5.7B7.0B4.7B3.0B

MDU Resources fundamental ratios Correlations

0.910.950.30.930.970.990.940.880.90.150.99-0.280.150.950.880.980.780.430.880.990.880.940.380.90.44
0.910.830.120.820.910.90.820.730.80.160.93-0.130.160.880.980.920.680.220.850.910.690.820.411.00.44
0.950.830.420.920.90.941.00.780.850.010.95-0.280.010.960.810.970.660.590.920.980.930.950.330.810.35
0.30.120.420.520.370.360.410.440.260.260.320.280.260.430.20.3-0.020.790.330.360.590.530.120.14-0.55
0.930.820.920.520.910.920.910.830.830.270.92-0.160.270.910.810.90.680.660.840.940.90.970.470.810.18
0.970.910.90.370.910.990.890.940.920.270.99-0.160.270.930.880.960.760.420.830.960.850.930.390.910.36
0.990.90.940.360.920.990.930.920.910.170.99-0.180.170.950.880.980.740.430.870.980.880.940.390.90.39
0.940.821.00.410.910.890.930.770.84-0.030.94-0.29-0.030.960.810.970.650.580.920.970.930.940.320.80.37
0.880.730.780.440.830.940.920.770.920.360.88-0.190.360.810.690.830.780.440.620.850.790.870.270.740.3
0.90.80.850.260.830.920.910.840.920.190.91-0.390.190.850.710.90.890.420.690.90.770.890.230.80.54
0.150.160.010.260.270.270.17-0.030.360.190.160.211.00.070.140.070.210.150.020.110.080.230.20.18-0.3
0.990.930.950.320.920.990.990.940.880.910.16-0.210.160.950.910.990.750.420.890.990.870.930.390.930.42
-0.28-0.13-0.280.28-0.16-0.16-0.18-0.29-0.19-0.390.21-0.210.21-0.220.01-0.28-0.59-0.14-0.1-0.26-0.2-0.270.26-0.1-0.66
0.150.160.010.260.270.270.17-0.030.360.191.00.160.210.070.140.070.210.150.020.110.080.230.20.18-0.3
0.950.880.960.430.910.930.950.960.810.850.070.95-0.220.070.890.970.620.540.890.980.90.960.270.870.3
0.880.980.810.20.810.880.880.810.690.710.140.910.010.140.890.90.540.230.860.890.710.80.430.980.31
0.980.920.970.30.90.960.980.970.830.90.070.99-0.280.070.970.90.720.440.910.990.870.930.310.910.45
0.780.680.66-0.020.680.760.740.650.780.890.210.75-0.590.210.620.540.720.220.480.730.560.710.240.670.7
0.430.220.590.790.660.420.430.580.440.420.150.42-0.140.150.540.230.440.220.430.50.680.69-0.040.21-0.33
0.880.850.920.330.840.830.870.920.620.690.020.89-0.10.020.890.860.910.480.430.910.820.830.470.840.29
0.990.910.980.360.940.960.980.970.850.90.110.99-0.260.110.980.890.990.730.50.910.90.960.350.90.4
0.880.690.930.590.90.850.880.930.790.770.080.87-0.20.080.90.710.870.560.680.820.90.930.320.680.14
0.940.820.950.530.970.930.940.940.870.890.230.93-0.270.230.960.80.930.710.690.830.960.930.270.810.23
0.380.410.330.120.470.390.390.320.270.230.20.390.260.20.270.430.310.24-0.040.470.350.320.270.410.09
0.91.00.810.140.810.910.90.80.740.80.180.93-0.10.180.870.980.910.670.210.840.90.680.810.410.43
0.440.440.35-0.550.180.360.390.370.30.54-0.30.42-0.66-0.30.30.310.450.7-0.330.290.40.140.230.090.43
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MDU Resources Account Relationship Matchups

MDU Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.7B8.1B8.9B9.7B7.8B4.6B
Common Stock Shares Outstanding198.6M200.6M202.4M203.5M203.9M166.9M
Short Long Term Debt Total2.4B2.4B2.9B3.2B2.5B1.6B
Other Current Liab3.5M329.5M314.1M775.6M567.9M596.3M
Total Current Liabilities866.4M963.5M1.1B1.5B1.1B715.1M
Total Stockholder Equity2.8B3.1B3.4B3.6B2.9B2.2B
Property Plant And Equipment Net5.0B5.3B5.9B6.2B5.2B3.7B
Net Debt2.3B2.3B2.8B3.1B2.4B1.5B
Retained Earnings1.3B1.6B1.8B2.0B1.3B1.1B
Accounts Payable403.4M426.3M478.9M525.6M247.6M286.2M
Cash66.5M59.5M54.2M80.5M48.9M80.7M
Non Current Assets Total6.4B6.7B7.4B7.6B6.5B4.6B
Non Currrent Assets Other1.1M7.4M(76.4M)(136.1M)659.0M691.9M
Cash And Short Term Investments66.5M59.5M54.2M80.5M48.9M80.8M
Net Receivables836.6M874.0M946.7M1.1B942.8M592.1M
Common Stock Total Equity200.9M201.1M203.9M204.2M234.8M168.0M
Liabilities And Stockholders Equity7.7B8.1B8.9B9.7B7.8B5.6B
Non Current Liabilities Total4.0B4.0B4.4B4.6B3.9B2.6B
Inventory278.4M291.2M335.6M387.5M87.4M83.0M
Other Current Assets115.8M112.6M214.4M848.3M284.7M298.9M
Other Stockholder Equity1.4B1.4B1.5B1.5B1.5B1.2B
Total Liab4.8B5.0B5.5B6.1B4.9B3.4B
Property Plant And Equipment Gross5.0B5.3B9.0B9.4B7.4B4.0B
Total Current Assets1.3B1.3B1.6B2.0B1.4B997.9M
Accumulated Other Comprehensive Income(42.1M)(48.1M)(41.0M)(30.6M)(18.4M)(19.3M)
Short Term Debt48.2M118.9M218.8M107.6M202.1M108.4M
Common Stock200.9M201.1M203.9M204.2M203.7M169.9M
Current Deferred Revenue411.3M420.6M413.6M208.2M58.1M55.2M
Other Liab1.7B1.7B1.8B1.7B2.0B2.1B
Other Assets(59K)523.5M515.5M495.2M(159K)(151.1K)
Long Term Debt2.2B2.2B2.6B2.8B2.2B1.7B
Property Plant Equipment4.9B5.2B5.8B6.1B7.0B4.3B
Intangible Assets15.2M25.5M22.6M17.5M2.0M1.9M
Good Will681.4M715.0M765.4M763.5M489.0M624.8M
Net Tangible Assets4.4B2.3B2.6B2.8B2.5B2.9B
Retained Earnings Total Equity1.3B1.6B1.8B2.0B2.2B1.6B
Long Term Debt Total2.2B2.2B2.6B2.8B3.2B2.0B
Capital Surpluse1.4B1.4B1.5B1.5B1.7B1.3B
Deferred Long Term Liab506.6M516.1M592.0M631.3M568.2M514.9M

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