Martin End Period Cash Flow vs Ev To Free Cash Flow Analysis
MMLP Stock | USD 3.98 0.01 0.25% |
Martin Midstream financial indicator trend analysis is infinitely more than just investigating Martin Midstream Partners recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Martin Midstream Partners is a good investment. Please check the relationship between Martin Midstream End Period Cash Flow and its Ev To Free Cash Flow accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Martin Midstream Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
End Period Cash Flow vs Ev To Free Cash Flow
End Period Cash Flow vs Ev To Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Martin Midstream Partners End Period Cash Flow account and Ev To Free Cash Flow. At this time, the significance of the direction appears to have very week relationship.
The correlation between Martin Midstream's End Period Cash Flow and Ev To Free Cash Flow is 0.26. Overlapping area represents the amount of variation of End Period Cash Flow that can explain the historical movement of Ev To Free Cash Flow in the same time period over historical financial statements of Martin Midstream Partners, assuming nothing else is changed. The correlation between historical values of Martin Midstream's End Period Cash Flow and Ev To Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which End Period Cash Flow of Martin Midstream Partners are associated (or correlated) with its Ev To Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Free Cash Flow has no effect on the direction of End Period Cash Flow i.e., Martin Midstream's End Period Cash Flow and Ev To Free Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.26 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
End Period Cash Flow
Ev To Free Cash Flow
A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.Most indicators from Martin Midstream's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Martin Midstream Partners 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 Martin Midstream Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. As of 11/30/2024, Tax Provision is likely to grow to about 6.2 M, while Selling General Administrative is likely to drop slightly above 38.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 292.6M | 339.3M | 106.2M | 204.2M | Total Revenue | 882.4M | 1.0B | 798.0M | 868.8M |
Martin Midstream fundamental ratios Correlations
Click cells to compare fundamentals
Martin Midstream Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Martin Midstream fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 667.2M | 579.6M | 579.9M | 598.9M | 509.4M | 738.7M | |
Common Stock Shares Outstanding | 38.7M | 38.7M | 38.7M | 38.7M | 38.8M | 24.4M | |
Liabilities And Stockholders Equity | 667.2M | 579.6M | 627.9M | 658.3M | 509.4M | 539.0M | |
Other Current Liab | 667K | 28.5M | 28.3M | 26.6M | 30.0M | 25.5M | |
Total Current Liabilities | 107.3M | 119.4M | 104.1M | 110.9M | 100.6M | 116.7M | |
Total Stockholder Equity | (36.2M) | (46.9M) | 816K | 510.4M | (66.2M) | (62.9M) | |
Other Liab | 8.9M | 7.1M | 9.2M | 8.2M | 9.5M | 5.0M | |
Accounts Payable | 64.8M | 51.3M | 68.6M | 74.5M | 55.0M | 82.5M | |
Cash | 2.9M | 5.0M | 52K | 45K | 54K | 51.3K | |
Other Assets | 26.1M | 22.3M | 19.8M | 16.6M | 19.1M | 31.4M | |
Long Term Debt | 569.8M | 484.6M | 498.9M | 512.9M | 421.2M | 456.4M | |
Inventory | 62.5M | 54.1M | 62.1M | 109.8M | 43.8M | 62.8M | |
Other Current Assets | 5.8M | 9.0M | 12.9M | 13.6M | 9.2M | 5.0M | |
Total Liab | 703.4M | 626.5M | 627.9M | 658.3M | 574.0M | 585.9M | |
Intangible Assets | 3.6M | 2.8M | 2.2M | 2.4M | 55K | 52.3K | |
Property Plant Equipment | 417.2M | 402.1M | 367.3M | 354.3M | 407.4M | 478.4M | |
Short Long Term Debt Total | 593.9M | 531.6M | 514.9M | 539.1M | 481.8M | 486.0M | |
Property Plant And Equipment Net | 441.1M | 402.1M | 367.3M | 354.3M | 366.2M | 494.5M | |
Net Debt | 591.1M | 526.6M | 514.8M | 539.1M | 481.7M | 479.4M | |
Non Current Assets Total | 485.8M | 444.0M | 406.2M | 387.7M | 395.1M | 613.8M | |
Non Currrent Assets Other | 2.6M | 803K | 1.8M | 2.3M | 2.0M | 1.9M | |
Cash And Short Term Investments | 2.9M | 5.0M | 52K | 45K | 54K | 51.3K | |
Net Receivables | 105.1M | 67.6M | 98.6M | 87.7M | 61.2M | 102.3M | |
Non Current Liabilities Total | 596.1M | 507.1M | 523.8M | 547.4M | 473.4M | 486.8M | |
Total Current Assets | 181.4M | 135.6M | 173.7M | 211.1M | 114.3M | 179.7M | |
Short Term Debt | 6.8M | 39.0M | 6.9M | 9.1M | 14.9M | 12.1M | |
Other Stockholder Equity | 2.1M | 1.9M | 50.7M | 571.5M | 657.3M | 690.1M | |
Property Plant And Equipment Gross | 441.1M | 402.1M | 920.6M | 938.5M | 979.1M | 601.6M | |
Accumulated Other Comprehensive Income | (421.1M) | (466.4M) | (467.5M) | 816K | 734.4K | 771.1K | |
Common Stock | (38.3M) | (48.8M) | (50.7M) | (61.1M) | (55.0M) | (52.2M) | |
Net Tangible Assets | (57.5M) | (66.5M) | (68.9M) | (78.5M) | (70.7M) | (67.1M) | |
Long Term Debt Total | 569.8M | 484.6M | 498.9M | 512.9M | 461.6M | 513.5M | |
Deferred Long Term Liab | 1.7M | 803K | 687K | 1.1M | 1.3M | 1.3M | |
Non Current Liabilities Other | 26.3M | 22.5M | 9.2M | 8.2M | 9.5M | 10.3M | |
Net Invested Capital | 533.6M | 469.2M | 451.1M | 453.4M | 356.5M | 491.0M |
Pair Trading with Martin Midstream
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 Martin Midstream 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 Martin Midstream will appreciate offsetting losses from the drop in the long position's value.Moving together with Martin Stock
Moving against Martin Stock
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The ability to find closely correlated positions to Martin Midstream could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Martin Midstream 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 Martin Midstream - 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 Martin Midstream Partners to buy it.
The correlation of Martin Midstream 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 Martin Midstream moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Martin Midstream Partners 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 Martin Midstream 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.Additional Tools for Martin Stock Analysis
When running Martin Midstream's price analysis, check to measure Martin Midstream's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Martin Midstream is operating at the current time. Most of Martin Midstream's value examination focuses on studying past and present price action to predict the probability of Martin Midstream's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Martin Midstream's price. Additionally, you may evaluate how the addition of Martin Midstream to your portfolios can decrease your overall portfolio volatility.