Martin Historical Balance Sheet
MMLP Stock | USD 3.98 0.01 0.25% |
Trend analysis of Martin Midstream Partners balance sheet accounts such as Other Current Liab of 25.5 M provides information on Martin Midstream's total assets, liabilities, and equity, which is the actual value of Martin Midstream Partners to its prevalent stockholders. By breaking down trends over time using Martin Midstream balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Martin Midstream Partners latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Martin Midstream Partners is a good buy for the upcoming year.
Martin Midstream Inventory |
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About Martin Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Martin Midstream Partners at a specified time, usually calculated after every quarter, six months, or one year. Martin Midstream Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Martin Midstream and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Martin currently owns. An asset can also be divided into two categories, current and non-current.
Martin Midstream Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Martin Midstream 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 Martin Midstream Partners 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.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Total Current Liabilities
Total Current Liabilities is an item on Martin Midstream balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Martin Midstream Partners are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most accounts from Martin Midstream's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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. At this time, Martin Midstream's Inventory is relatively stable compared to the past year. As of 11/29/2024, Total Liabilities is likely to grow to about 585.9 M, though Total Stockholder Equity is likely to grow to (62.9 M).
2021 | 2022 | 2023 | 2024 (projected) | Total Current Liabilities | 104.1M | 110.9M | 100.6M | 116.7M | Other Current Liabilities | 28.3M | 26.6M | 30.0M | 25.5M |
Martin Midstream balance sheet Correlations
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Martin Midstream Account Relationship Matchups
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Martin Midstream balance sheet 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.