Marathon Non Current Assets Total vs Short Term Debt Analysis

MPC Stock  USD 174.94  9.80  5.93%   
Marathon Petroleum financial indicator trend analysis is infinitely more than just investigating Marathon Petroleum Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Marathon Petroleum Corp is a good investment. Please check the relationship between Marathon Petroleum Non Current Assets Total and its Short Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marathon Petroleum Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Non Current Assets Total vs Short Term Debt

Non Current Assets Total vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Marathon Petroleum Corp Non Current Assets Total account and Short Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Marathon Petroleum's Non Current Assets Total and Short Term Debt is 0.57. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Marathon Petroleum Corp, assuming nothing else is changed. The correlation between historical values of Marathon Petroleum's Non Current Assets Total and Short 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 Non Current Assets Total of Marathon Petroleum Corp are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Non Current Assets Total i.e., Marathon Petroleum's Non Current Assets Total and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.57
Relationship DirectionPositive 
Relationship StrengthWeak

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Short Term Debt

Most indicators from Marathon Petroleum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Marathon Petroleum Corp 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 Marathon Petroleum Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
The current year's Tax Provision is expected to grow to about 1.1 B, whereas Selling General Administrative is forecasted to decline to about 2.1 B.
 2023 2024 2025 2026 (projected)
Interest Expense1.3B1.3B1.5B1.6B
Depreciation And Amortization3.3B3.3B3.8B2.2B

Marathon Petroleum fundamental ratios Correlations

0.980.750.860.910.980.570.90.780.330.980.920.380.740.87-0.480.860.990.960.45-0.070.980.810.890.620.96
0.980.80.880.830.970.490.930.760.280.960.910.330.730.81-0.530.831.00.950.48-0.130.990.820.890.70.98
0.750.80.780.560.720.320.910.640.110.710.870.140.620.57-0.540.60.780.770.44-0.440.80.870.720.940.77
0.860.880.780.650.790.240.760.960.550.770.820.540.940.59-0.620.650.860.890.23-0.40.930.860.920.750.83
0.910.830.560.650.890.760.770.60.280.920.850.350.550.94-0.220.90.860.830.440.210.820.640.770.350.81
0.980.970.720.790.890.590.910.690.210.990.90.270.640.88-0.510.820.980.940.44-0.050.950.780.80.60.97
0.570.490.320.240.760.590.540.18-0.170.620.54-0.060.070.780.170.740.520.490.470.530.450.270.350.10.43
0.90.930.910.760.770.910.540.620.080.90.940.160.580.78-0.520.780.920.880.5-0.210.90.870.760.820.91
0.780.760.640.960.60.690.180.620.710.680.740.680.980.51-0.60.540.750.80.03-0.430.840.830.870.620.71
0.330.280.110.550.280.21-0.170.080.710.190.290.920.760.06-0.280.180.280.27-0.31-0.30.370.450.580.170.23
0.980.960.710.770.920.990.620.90.680.190.910.240.620.93-0.50.830.970.950.42-0.020.930.760.780.570.95
0.920.910.870.820.850.90.540.940.740.290.910.330.70.85-0.560.780.910.920.32-0.250.910.910.80.760.87
0.380.330.140.540.350.27-0.060.160.680.920.240.330.750.09-0.210.350.340.3-0.27-0.220.410.490.640.170.3
0.740.730.620.940.550.640.070.580.980.760.620.70.750.43-0.60.520.720.76-0.01-0.470.810.820.880.620.69
0.870.810.570.590.940.880.780.780.510.060.930.850.090.43-0.310.820.830.840.40.180.780.590.610.360.79
-0.48-0.53-0.54-0.62-0.22-0.510.17-0.52-0.6-0.28-0.5-0.56-0.21-0.6-0.31-0.08-0.5-0.650.280.81-0.56-0.71-0.37-0.65-0.53
0.860.830.60.650.90.820.740.780.540.180.830.780.350.520.82-0.080.850.750.570.280.810.590.790.420.79
0.991.00.780.860.860.980.520.920.750.280.970.910.340.720.83-0.50.850.950.49-0.10.990.810.890.670.98
0.960.950.770.890.830.940.490.880.80.270.950.920.30.760.84-0.650.750.950.32-0.240.960.840.820.670.92
0.450.480.440.230.440.440.470.50.03-0.310.420.32-0.27-0.010.40.280.570.490.320.440.420.10.430.290.48
-0.07-0.13-0.44-0.40.21-0.050.53-0.21-0.43-0.3-0.02-0.25-0.22-0.470.180.810.28-0.1-0.240.44-0.2-0.55-0.15-0.61-0.13
0.980.990.80.930.820.950.450.90.840.370.930.910.410.810.78-0.560.810.990.960.42-0.20.850.920.720.96
0.810.820.870.860.640.780.270.870.830.450.760.910.490.820.59-0.710.590.810.840.1-0.550.850.790.850.8
0.890.890.720.920.770.80.350.760.870.580.780.80.640.880.61-0.370.790.890.820.43-0.150.920.790.630.85
0.620.70.940.750.350.60.10.820.620.170.570.760.170.620.36-0.650.420.670.670.29-0.610.720.850.630.66
0.960.980.770.830.810.970.430.910.710.230.950.870.30.690.79-0.530.790.980.920.48-0.130.960.80.850.66
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Marathon Petroleum Account Relationship Matchups

Marathon Petroleum fundamental ratios Accounts

202120222023202420252026 (projected)
Total Assets85.4B89.9B86.0B78.9B90.7B60.0B
Short Long Term Debt Total26.9B27.9B28.5B28.8B33.1B17.1B
Other Current Liab2.0B2.1B2.8B3.5B4.0B4.2B
Total Current Liabilities17.9B20.0B20.2B20.8B24.0B13.3B
Total Stockholder Equity26.2B27.7B24.4B17.7B20.4B19.2B
Property Plant And Equipment Net38.8B36.9B36.3B36.3B41.8B28.6B
Current Deferred Revenue2.3B1.8B2.1B1.2B1.4B1.7B
Net Debt21.6B19.3B23.1B25.5B29.4B30.8B
Accounts Payable13.7B15.3B13.8B13.9B16.0B9.6B
Cash5.3B8.6B5.4B3.2B3.7B2.8B
Non Current Assets Total54.9B54.7B53.9B54.4B62.6B40.2B
Non Currrent Assets Other2.4B3.1B3.0B3.0B3.4B3.6B
Cash And Short Term Investments10.8B11.8B10.2B3.2B3.7B3.9B
Net Receivables11.0B13.5B12.2B11.1B12.8B7.0B
Common Stock Shares Outstanding638M516M409M341M306.9M474.5M
Short Term Investments5.5B3.1B4.8B1.9B2.2B1.8B
Liabilities And Stockholders Equity85.4B89.9B86.0B78.9B90.7B60.0B
Non Current Liabilities Total33.9B34.8B34.4B33.5B38.6B22.4B
Inventory8.1B8.8B9.3B9.6B11.0B6.9B
Other Current Assets568M1.2B403M524M602.6M572.5M
Other Stockholder Equity13.4B1.6B(10.0B)(19.0B)(17.1B)(16.2B)
Total Liab51.8B54.8B54.6B54.4B62.5B35.7B
Property Plant And Equipment Gross62.0B62.7B65.0B67.6B77.8B81.6B
Total Current Assets30.5B35.2B32.1B24.4B28.1B19.8B
Accumulated Other Comprehensive Income(67M)2M(131M)(114M)(131.1M)(137.7M)
Short Term Debt1.0B1.4B2.4B3.5B4.0B4.2B
Other Liab9.3B9.5B8.0B8.3B9.6B5.4B
Other Assets2.4B3.1B3.0B78.9B90.7B95.2B
Long Term Debt24.4B25.2B25.3B24.4B28.1B16.5B
Intangible Assets2.4B2.1B10.1B1.8B2.0B2.8B
Property Plant Equipment38.8B36.9B36.3B36.3B41.8B29.8B
Net Tangible Assets14.6B14.9B20.0B20.4B23.5B14.3B
Noncontrolling Interest In Consolidated Entity8.4B7.1B6.4B6.4B7.4B5.4B
Retained Earnings12.9B26.1B34.6B36.8B42.4B44.5B
Retained Earnings Total Equity16.0B4.7B12.9B26.1B30.1B31.6B
Capital Surpluse33.3B33.4B33.5B33.6B38.7B24.0B

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Marathon Petroleum Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Marathon Petroleum's 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 Marathon Petroleum Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Marathon Petroleum Corp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marathon Petroleum Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Oil & Gas Refining & Marketing space 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 Marathon Petroleum. If investors know Marathon 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 Marathon Petroleum 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
1.412
Dividend Share
3.73
Earnings Share
9.39
Revenue Per Share
430.906
Quarterly Revenue Growth
(0.01)
The market value of Marathon Petroleum Corp is measured differently than its book value, which is the value of Marathon that is recorded on the company's balance sheet. Investors also form their own opinion of Marathon Petroleum's value that differs from its market value or its book value, called intrinsic value, which is Marathon Petroleum's 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 Marathon Petroleum's market value can be influenced by many factors that don't directly affect Marathon Petroleum's 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 Marathon Petroleum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Marathon Petroleum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marathon Petroleum's 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.