Marex Total Current Assets vs Long Term Debt Analysis

MRX Stock   30.76  0.14  0.45%   
Marex Group financial indicator trend analysis is infinitely more than just investigating Marex Group plc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Marex Group plc is a good investment. Please check the relationship between Marex Group Total Current Assets and its Long Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marex Group plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Total Current Assets vs Long Term Debt

Total Current Assets vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Marex Group plc Total Current Assets account and Long Term Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Marex Group's Total Current Assets and Long Term Debt is -0.95. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Marex Group plc, assuming nothing else is changed. The correlation between historical values of Marex Group's Total Current Assets and Long Term Debt 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 Current Assets of Marex Group plc are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Total Current Assets i.e., Marex Group's Total Current Assets and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.95
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Long Term Debt

Long-term debt is a debt that Marex Group plc has held for over one year. Long-term debt appears on Marex Group plc balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Marex Group plc balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Marex Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Marex Group plc 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 Marex Group plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Enterprise Value is likely to rise to about 3.2 B in 2024, whereas Tax Provision is likely to drop slightly above 33.7 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit825.3M1.0B564.6M631.5M
Total Revenue825.3M1.0B1.9B1.2B

Marex Group fundamental ratios Correlations

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Marex Group Account Relationship Matchups

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