Morningstar Partners, Lp Stock Current Asset
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MorningStar Partners, LP fundamentals help investors to digest information that contributes to MorningStar Partners,'s financial success or failures. It also enables traders to predict the movement of MorningStar Stock. The fundamental analysis module provides a way to measure MorningStar Partners,'s 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 MorningStar Partners, stock.
At this time, MorningStar Partners,'s Non Current Assets Total are very stable compared to the past year. As of the 21st of September 2024, Total Current Assets is likely to grow to about 62.6 M, while Other Current Assets are likely to drop about 10.4 M. MorningStar | Current Asset |
MorningStar Partners, LP Company Current Asset Analysis
MorningStar Partners,'s Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
MorningStar Current Asset Historical Pattern
Today, most investors in MorningStar Partners, Stock are looking for potential investment opportunities by analyzing not only static indicators but also various MorningStar Partners,'s 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 asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of MorningStar Partners, current asset as a starting point in their analysis.
MorningStar Partners, Current Asset |
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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MorningStar Total Assets
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In accordance with the recently published financial statements, MorningStar Partners, LP has a Current Asset of 0.0. This is 100.0% lower than that of the Oil, Gas & Consumable Fuels sector and 100.0% lower than that of the Energy industry. The current asset for all United States stocks is 100.0% higher than that of the company.
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MorningStar Partners, ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, MorningStar Partners,'s sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to MorningStar Partners,'s managers, analysts, and investors.Environmental | Governance | Social |
MorningStar Fundamentals
| Return On Equity | -0.27 | ||||
| Return On Asset | -0.15 | ||||
| Profit Margin | (0.60) % | ||||
| Operating Margin | (0.18) % | ||||
| Current Valuation | 651.35 M | ||||
| Shares Outstanding | 38.41 M | ||||
| Shares Owned By Insiders | 20.49 % | ||||
| Shares Owned By Institutions | 25.45 % | ||||
| Number Of Shares Shorted | 44.91 K | ||||
| Price To Book | 1.26 X | ||||
| Price To Sales | 2.51 X | ||||
| Revenue | 357.54 M | ||||
| EBITDA | 129.36 M | ||||
| Net Income | (103.99 M) | ||||
| Cash And Equivalents | 9.2 M | ||||
| Total Debt | 28.1 M | ||||
| Book Value Per Share | 15.30 X | ||||
| Cash Flow From Operations | 77.15 M | ||||
| Short Ratio | 0.47 X | ||||
| Earnings Per Share | (5.75) X | ||||
| Target Price | 27.0 | ||||
| Number Of Employees | 184 | ||||
| Market Capitalization | 720.25 M | ||||
| Total Asset | 695.61 M | ||||
| Working Capital | 16.07 M | ||||
| Annual Yield | 0.12 % | ||||
| Net Asset | 695.61 M | ||||
| Last Dividend Paid | 2.32 |
About MorningStar Partners, Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze MorningStar Partners, LP's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MorningStar Partners, using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MorningStar Partners, LP 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.
Pair Trading with MorningStar Partners,
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 MorningStar Partners, 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 MorningStar Partners, will appreciate offsetting losses from the drop in the long position's value.Moving together with MorningStar Stock
| 0.75 | AR | Antero Resources Corp | PairCorr |
| 0.81 | PR | Permian Resources Aggressive Push | PairCorr |
| 0.61 | SD | SandRidge Energy | PairCorr |
| 0.79 | SM | SM Energy | PairCorr |
The ability to find closely correlated positions to MorningStar Partners, could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MorningStar Partners, 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 MorningStar Partners, - 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 MorningStar Partners, LP to buy it.
The correlation of MorningStar Partners, 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 MorningStar Partners, moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MorningStar 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 MorningStar Partners, 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 Information and Resources on Investing in MorningStar Stock
When determining whether MorningStar Partners, offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MorningStar Partners,'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 Morningstar Partners, Lp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Morningstar Partners, Lp Stock:Check out MorningStar Partners, Piotroski F Score and MorningStar Partners, Altman Z Score analysis. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Oil & Gas Exploration & Production 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 MorningStar Partners,. If investors know MorningStar 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 MorningStar Partners, 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 (0.89) | Dividend Share 2.32 | Earnings Share (5.75) | Revenue Per Share 9.285 | Quarterly Revenue Growth (0.05) |
The market value of MorningStar Partners, is measured differently than its book value, which is the value of MorningStar that is recorded on the company's balance sheet. Investors also form their own opinion of MorningStar Partners,'s value that differs from its market value or its book value, called intrinsic value, which is MorningStar Partners,'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 MorningStar Partners,'s market value can be influenced by many factors that don't directly affect MorningStar Partners,'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 MorningStar Partners,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if MorningStar Partners, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MorningStar Partners,'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.