Mueller Industries Stock Current Ratio

MLI Stock

USD 56.81 0.07 0.12%

Mueller Industries fundamentals help investors to digest information that contributes to Mueller Industries' financial success or failures. It also enables traders to predict the movement of Mueller Stock. The fundamental analysis module provides a way to measure Mueller Industries' 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 Mueller Industries stock.

		Last Reported	Projected for Next Year
	Current Ratio	6.43	6.75

The Mueller Industries' current Current Ratio is estimated to increase to 6.75.

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Mueller Industries Company Current Ratio Analysis

Mueller Industries' Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Current Ratio

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current Mueller Industries Current Ratio

3.79 X

Most of Mueller Industries' fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Mueller Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Mueller Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Mueller Industries is extremely important. It helps to project a fair market value of Mueller Stock properly, considering its historical fundamentals such as Current Ratio. Since Mueller Industries' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Mueller Industries' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Mueller Industries' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Retained Earnings	Common Stock	Good Will	Intangible Assets	Long Term Debt	Treasury Stock	Property Plant Equipment	Current Deferred Revenue	Short Term Investments	Net Tangible Assets	Capital Surpluse	Total Permanent Equity	Long Term Debt Total	Deferred Long Term Liab	Short Long Term Debt	Long Term Investments	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.97	-0.8	0.45	0.52	-0.07	0.97	-0.51	0.99	0.9	0.58	-0.09	-0.51	-0.32	0.45	-0.13	0.62	0.84	0.87	0.46	-0.56	-0.26	-0.66	0.33	0.48	0.82	0.91	0.67
Total Stockholder Equity	0.97		-0.9	0.33	0.42	-0.31	0.98	-0.49	0.98	0.85	0.45	-0.06	-0.68	-0.17	0.46	-0.04	0.61	0.94	0.87	0.39	-0.72	-0.31	-0.63	0.42	0.63	0.86	0.95	0.71
Net Debt	-0.8	-0.9		-0.01	-0.14	0.59	-0.9	0.26	-0.82	-0.68	-0.06	0.02	0.8	-0.13	-0.24	-0.06	-0.4	-0.91	-0.75	-0.13	0.81	0.24	0.37	-0.58	-0.85	-0.78	-0.91	-0.75
Accounts Payable	0.45	0.33	-0.01		0.95	0.35	0.31	-0.28	0.44	0.36	0.82	-0.14	-0.1	-0.65	0.39	-0.07	0.18	0.2	0.39	0.43	-0.16	-0.12	-0.39	-0.17	-0.33	0.32	0.13	0.11
Net Receivables	0.52	0.42	-0.14	0.95		0.24	0.41	-0.29	0.51	0.34	0.77	-0.09	-0.23	-0.57	0.33	-0.08	0.23	0.29	0.44	0.3	-0.29	-0.07	-0.4	-0.13	-0.2	0.41	0.2	0.17
Total Liab	-0.07	-0.31	0.59	0.35	0.24		-0.22	-0.01	-0.16	0.04	0.41	-0.07	0.84	-0.53	-0.11	-0.33	-0.05	-0.58	-0.18	0.2	0.8	0.27	-0.01	-0.45	-0.7	-0.33	-0.36	-0.27
Total Current Assets	0.97	0.98	-0.9	0.31	0.41	-0.22		-0.42	0.97	0.85	0.4	-0.07	-0.6	-0.19	0.33	-0.08	0.57	0.88	0.84	0.31	-0.65	-0.21	-0.55	0.44	0.64	0.82	0.93	0.71
Short Term Debt	-0.51	-0.49	0.26	-0.28	-0.29	-0.01	-0.42		-0.55	-0.54	-0.49	0.23	0.14	0.45	-0.5	0.29	-0.52	-0.44	-0.5	-0.65	0.17	0.32	0.95	-0.42	-0.08	-0.45	-0.46	-0.29
Retained Earnings	0.99	0.98	-0.82	0.44	0.51	-0.16	0.97	-0.55		0.89	0.55	-0.14	-0.58	-0.37	0.47	-0.13	0.62	0.87	0.87	0.47	-0.63	-0.25	-0.68	0.38	0.54	0.83	0.92	0.67
Common Stock	0.9	0.85	-0.68	0.36	0.34	0.04	0.85	-0.54	0.89		0.56	-0.17	-0.3	-0.38	0.5	-0.13	0.48	0.7	0.83	0.59	-0.34	-0.32	-0.68	0.29	0.35	0.7	0.83	0.72
Good Will	0.58	0.45	-0.06	0.82	0.77	0.41	0.4	-0.49	0.55	0.56		0.05	0.0	-0.56	0.68	-0.05	0.45	0.31	0.56	0.63	-0.05	-0.35	-0.65	-0.28	-0.35	0.46	0.32	0.23
Intangible Assets	-0.09	-0.06	0.02	-0.14	-0.09	-0.07	-0.07	0.23	-0.14	-0.17	0.05		-0.08	0.47	0.01	0.69	-0.05	-0.01	-0.06	-0.2	-0.07	-0.45	0.15	-0.28	-0.07	-0.05	0.0	-0.08
Long Term Debt	-0.51	-0.68	0.8	-0.1	-0.23	0.84	-0.6	0.14	-0.58	-0.3	0.0	-0.08		-0.22	-0.27	-0.27	-0.25	-0.85	-0.49	0.03	1.0	0.28	0.22	-0.4	-0.71	-0.6	-0.64	-0.42
Treasury Stock	-0.32	-0.17	-0.13	-0.65	-0.57	-0.53	-0.19	0.45	-0.37	-0.38	-0.56	0.47	-0.22		-0.21	0.44	-0.22	0.03	-0.23	-0.47	-0.16	-0.22	0.39	0.1	0.22	-0.14	-0.08	-0.04
Property Plant Equipment	0.45	0.46	-0.24	0.39	0.33	-0.11	0.33	-0.5	0.47	0.5	0.68	0.01	-0.27	-0.21		0.03	0.49	0.52	0.7	0.44	-0.26	-0.43	-0.61	-0.03	-0.07	0.67	0.51	0.5
Current Deferred Revenue	-0.13	-0.04	-0.06	-0.07	-0.08	-0.33	-0.08	0.29	-0.13	-0.13	-0.05	0.69	-0.27	0.44	0.03		-0.03	0.08	-0.04	-0.22	-0.24	-0.52	0.18	-0.08	0.07	0.02	-0.01	-0.05
Short Term Investments	0.62	0.61	-0.4	0.18	0.23	-0.05	0.57	-0.52	0.62	0.48	0.45	-0.05	-0.25	-0.22	0.49	-0.03		0.56	0.57	0.4	-0.27	-0.38	-0.59	0.28	0.35	0.67	0.63	0.29
Net Tangible Assets	0.84	0.94	-0.91	0.2	0.29	-0.58	0.88	-0.44	0.87	0.7	0.31	-0.01	-0.85	0.03	0.52	0.08	0.56		0.8	0.26	-0.86	-0.36	-0.57	0.47	0.68	0.84	0.92	0.65
Capital Surpluse	0.87	0.87	-0.75	0.39	0.44	-0.18	0.84	-0.5	0.87	0.83	0.56	-0.06	-0.49	-0.23	0.7	-0.04	0.57	0.8		0.41	-0.51	-0.34	-0.64	0.38	0.42	0.96	0.88	0.9
Total Permanent Equity	0.46	0.39	-0.13	0.43	0.3	0.2	0.31	-0.65	0.47	0.59	0.63	-0.2	0.03	-0.47	0.44	-0.22	0.4	0.26	0.41		0.0	-0.52	-0.72	0.11	-0.06	0.28	0.28	0.21
Long Term Debt Total	-0.56	-0.72	0.81	-0.16	-0.29	0.8	-0.65	0.17	-0.63	-0.34	-0.05	-0.07	1.0	-0.16	-0.26	-0.24	-0.27	-0.86	-0.51	0.0		0.27	0.25	-0.4	-0.71	-0.62	-0.66	-0.43
Deferred Long Term Liab	-0.26	-0.31	0.24	-0.12	-0.07	0.27	-0.21	0.32	-0.25	-0.32	-0.35	-0.45	0.28	-0.22	-0.43	-0.52	-0.38	-0.36	-0.34	-0.52	0.27		0.45	-0.09	-0.1	-0.33	-0.3	-0.24
Short Long Term Debt	-0.66	-0.63	0.37	-0.39	-0.4	-0.01	-0.55	0.95	-0.68	-0.68	-0.65	0.15	0.22	0.39	-0.61	0.18	-0.59	-0.57	-0.64	-0.72	0.25	0.45		-0.34	-0.07	-0.57	-0.57	-0.39
Long Term Investments	0.33	0.42	-0.58	-0.17	-0.13	-0.45	0.44	-0.42	0.38	0.29	-0.28	-0.28	-0.4	0.1	-0.03	-0.08	0.28	0.47	0.38	0.11	-0.4	-0.09	-0.34		0.65	0.44	0.48	0.47
Cash And Equivalents	0.48	0.63	-0.85	-0.33	-0.2	-0.7	0.64	-0.08	0.54	0.35	-0.35	-0.07	-0.71	0.22	-0.07	0.07	0.35	0.68	0.42	-0.06	-0.71	-0.1	-0.07	0.65		0.54	0.68	0.51
Net Invested Capital	0.82	0.86	-0.78	0.32	0.41	-0.33	0.82	-0.45	0.83	0.7	0.46	-0.05	-0.6	-0.14	0.67	0.02	0.67	0.84	0.96	0.28	-0.62	-0.33	-0.57	0.44	0.54		0.87	0.85
Net Working Capital	0.91	0.95	-0.91	0.13	0.2	-0.36	0.93	-0.46	0.92	0.83	0.32	0.0	-0.64	-0.08	0.51	-0.01	0.63	0.92	0.88	0.28	-0.66	-0.3	-0.57	0.48	0.68	0.87		0.77
Capital Stock	0.67	0.71	-0.75	0.11	0.17	-0.27	0.71	-0.29	0.67	0.72	0.23	-0.08	-0.42	-0.04	0.5	-0.05	0.29	0.65	0.9	0.21	-0.43	-0.24	-0.39	0.47	0.51	0.85	0.77

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Mueller Current Ratio Historical Pattern

Today, most investors in Mueller Industries Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Mueller Industries' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Mueller Industries current ratio as a starting point in their analysis.

Mueller Industries Current Ratio

Timeline

Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).

Competition

Predict Mueller Industries

Current Ratio Over Time

Mueller Price To Sales Ratio

Price To Sales Ratio

1.61

As of now, Mueller Industries' Price To Sales Ratio is increasing as compared to previous years.

In accordance with the recently published financial statements, Mueller Industries has a Current Ratio of 3.79 times. This is 83.98% higher than that of the Machinery sector and 31.14% higher than that of the Industrials industry. The current ratio for all United States stocks is 75.46% lower than that of the firm.

Mueller Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mueller Industries' direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Mueller Industries could also be used in its relative valuation, which is a method of valuing Mueller Industries by comparing valuation metrics of similar companies.

Mueller Industries is currently under evaluation in current ratio category among related companies.

Mueller Fundamentals

	Return On Equity	0.26
	Return On Asset	0.16
	Profit Margin	0.17 %
	Operating Margin	0.22 %
	Current Valuation	5.15 B
	Shares Outstanding	113.6 M
	Shares Owned By Insiders	2.52 %
	Shares Owned By Institutions	97.14 %
	Number Of Shares Shorted	5.14 M
	Price To Earning	5.95 X
	Price To Book	2.51 X
	Price To Sales	1.72 X
	Revenue	3.42 B
	Gross Profit	1.12 B
	EBITDA	776.62 M
	Net Income	602.9 M
	Cash And Equivalents	461.02 M
	Cash Per Share	8.50 X
	Total Debt	35.56 M
	Debt To Equity	0.01 %
	Current Ratio	3.79 X
	Book Value Per Share	21.34 X
	Cash Flow From Operations	673.86 M
	Short Ratio	7.70 X
	Earnings Per Share	4.97 X
	Target Price	50.0
	Number Of Employees	4.51 K
	Beta	1.11
	Market Capitalization	6.45 B
	Total Asset	2.76 B
	Retained Earnings	2.59 B
	Working Capital	1.72 B
	Current Asset	624.28 M
	Current Liabilities	263.68 M
	Annual Yield	0.01 %
	Five Year Return	1.28 %
	Net Asset	2.76 B
	Last Dividend Paid	0.65

About Mueller Industries Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Mueller Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mueller Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mueller Industries 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.

Mueller Industries Investors Sentiment

The influence of Mueller Industries' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Mueller. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Mueller Industries' public news can be used to forecast risks associated with an investment in Mueller. The trend in average sentiment can be used to explain how an investor holding Mueller can time the market purely based on public headlines and social activities around Mueller Industries. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Mueller Industries' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Mueller Industries' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Mueller Industries' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Mueller Industries.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Mueller Industries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Mueller Industries' short interest history, or implied volatility extrapolated from Mueller Industries options trading.

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When determining whether Mueller Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mueller Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mueller Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mueller Industries Stock:

How To Invest In Mueller

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Is Mueller Stock a good investment?

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What is Mueller Industries' Net Worth?

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Check out Mueller Industries Piotroski F Score and Mueller Industries Altman Z Score analysis.

For more detail on how to invest in Mueller Stock please use our How to Invest in Mueller Industries guide.

You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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When running Mueller Industries' price analysis, check to measure Mueller Industries' 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 Mueller Industries is operating at the current time. Most of Mueller Industries' value examination focuses on studying past and present price action to predict the probability of Mueller Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mueller Industries' price. Additionally, you may evaluate how the addition of Mueller Industries to your portfolios can decrease your overall portfolio volatility.

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Is Mueller Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mueller Industries. If investors know Mueller will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mueller Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.21)

Dividend Share

0.65

Earnings Share

4.97

Revenue Per Share

29.605

Quarterly Revenue Growth

(0.12)

The market value of Mueller Industries is measured differently than its book value, which is the value of Mueller that is recorded on the company's balance sheet. Investors also form their own opinion of Mueller Industries' value that differs from its market value or its book value, called intrinsic value, which is Mueller Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mueller Industries' market value can be influenced by many factors that don't directly affect Mueller Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Mueller Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mueller Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mueller Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Mueller Industries Stock Current Ratio

Mueller Industries Company Current Ratio Analysis

Current Ratio

Current Asset

Current Liabilities

Current Mueller Industries Current Ratio

Mueller Current Ratio Driver Correlations

Mueller Current Ratio Historical Pattern

Mueller Price To Sales Ratio

Price To Sales Ratio

1.61

Mueller Current Ratio Peer Comparison

Mueller Fundamentals

About Mueller Industries Fundamental Analysis

Mueller Industries Investors Sentiment

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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