MarineMax Cash And Short Term Investments vs Other Stockholder Equity Analysis

HZO Stock

USD 29.71 0.75 2.59%

MarineMax financial indicator trend analysis is infinitely more than just investigating MarineMax recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MarineMax is a good investment. Please check the relationship between MarineMax Cash And Short Term Investments and its Other Stockholder Equity accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in MarineMax. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

To learn how to invest in MarineMax Stock, please use our How to Invest in MarineMax guide.

Cash And Short Term Investments vs Other Stockholder Equity

Cash And Short Term Investments vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MarineMax Cash And Short Term Investments account and Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between MarineMax's Cash And Short Term Investments and Other Stockholder Equity is -0.39. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of MarineMax, assuming nothing else is changed. The correlation between historical values of MarineMax's Cash And Short Term Investments and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of MarineMax are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Cash And Short Term Investments i.e., MarineMax's Cash And Short Term Investments and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.39

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of MarineMax balance sheet. This account contains MarineMax investments that will expire within one year. These investments include stocks and bonds that can be liquidated by MarineMax fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Other Stockholder Equity

Most indicators from MarineMax's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MarineMax 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in MarineMax. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

To learn how to invest in MarineMax Stock, please use our How to Invest in MarineMax guide.At this time, MarineMax's Selling General Administrative is very stable compared to the past year. As of the 22nd of November 2024, Tax Provision is likely to grow to about 23.9 M, while Issuance Of Capital Stock is likely to drop about 3.9 M.

	2021	2022	2023	2024 (projected)
Gross Profit	805.8M	835.3M	801.2M	841.3M
Total Revenue	2.3B	2.4B	2.4B	2.6B

Gross Profit Total Revenue

MarineMax fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Other Liab
Total Assets		0.97	0.97	0.98	0.97	1.0	0.91	0.96	0.92	0.84	0.99	0.19	0.84	0.98	0.99	0.1	0.97	0.96	0.91	-0.23	0.99	0.99	0.99	0.91	0.43	0.97
Short Long Term Debt Total	0.97		0.9	0.99	0.88	0.96	0.98	0.87	0.88	0.7	0.97	0.35	0.7	0.96	0.96	0.07	0.96	0.97	0.87	-0.17	0.99	0.97	0.96	0.97	0.48	0.99
Other Current Liab	0.97	0.9		0.9	0.97	0.98	0.82	0.98	0.9	0.9	0.98	-0.02	0.9	0.95	0.98	-0.01	0.97	0.86	0.88	-0.37	0.94	0.95	0.94	0.79	0.37	0.92
Total Current Liabilities	0.98	0.99	0.9		0.91	0.96	0.96	0.9	0.89	0.73	0.96	0.37	0.73	0.97	0.96	0.1	0.93	0.99	0.89	-0.17	0.99	0.98	0.98	0.98	0.52	0.97
Total Stockholder Equity	0.97	0.88	0.97	0.91		0.97	0.79	0.99	0.9	0.93	0.96	0.04	0.93	0.95	0.95	0.16	0.91	0.9	0.91	-0.24	0.93	0.95	0.97	0.8	0.35	0.88
Property Plant And Equipment Net	1.0	0.96	0.98	0.96	0.97		0.9	0.96	0.91	0.85	1.0	0.14	0.85	0.97	0.99	0.09	0.98	0.94	0.9	-0.23	0.99	0.99	0.98	0.89	0.38	0.97
Net Debt	0.91	0.98	0.82	0.96	0.79	0.9		0.77	0.82	0.55	0.91	0.44	0.55	0.9	0.91	0.06	0.91	0.95	0.8	-0.1	0.96	0.92	0.91	0.98	0.52	0.96
Retained Earnings	0.96	0.87	0.98	0.9	0.99	0.96	0.77		0.91	0.94	0.96	0.0	0.94	0.95	0.95	0.05	0.91	0.87	0.9	-0.36	0.92	0.94	0.95	0.78	0.38	0.87
Accounts Payable	0.92	0.88	0.9	0.89	0.9	0.91	0.82	0.91		0.8	0.9	0.08	0.8	0.91	0.9	0.05	0.89	0.89	0.78	-0.34	0.91	0.87	0.93	0.82	0.57	0.85
Cash	0.84	0.7	0.9	0.73	0.93	0.85	0.55	0.94	0.8		0.84	-0.15	1.0	0.83	0.84	0.06	0.79	0.68	0.81	-0.39	0.77	0.82	0.82	0.57	0.15	0.72
Non Current Assets Total	0.99	0.97	0.98	0.96	0.96	1.0	0.91	0.96	0.9	0.84		0.15	0.84	0.98	1.0	0.05	0.99	0.93	0.91	-0.26	0.99	0.99	0.97	0.89	0.39	0.98
Non Currrent Assets Other	0.19	0.35	-0.02	0.37	0.04	0.14	0.44	0.0	0.08	-0.15	0.15		-0.15	0.23	0.15	0.15	0.11	0.36	0.2	0.31	0.26	0.25	0.24	0.52	0.17	0.3
Cash And Short Term Investments	0.84	0.7	0.9	0.73	0.93	0.85	0.55	0.94	0.8	1.0	0.84	-0.15		0.83	0.84	0.06	0.79	0.68	0.81	-0.39	0.77	0.82	0.82	0.57	0.15	0.72
Net Receivables	0.98	0.96	0.95	0.97	0.95	0.97	0.9	0.95	0.91	0.83	0.98	0.23	0.83		0.98	0.02	0.94	0.94	0.91	-0.3	0.98	0.98	0.98	0.91	0.47	0.95
Good Will	0.99	0.96	0.98	0.96	0.95	0.99	0.91	0.95	0.9	0.84	1.0	0.15	0.84	0.98		-0.01	0.99	0.92	0.9	-0.31	0.99	0.99	0.97	0.89	0.4	0.98
Common Stock Shares Outstanding	0.1	0.07	-0.01	0.1	0.16	0.09	0.06	0.05	0.05	0.06	0.05	0.15	0.06	0.02	-0.01		0.0	0.2	0.13	0.82	0.06	0.08	0.16	0.12	-0.08	-0.01
Non Current Liabilities Total	0.97	0.96	0.97	0.93	0.91	0.98	0.91	0.91	0.89	0.79	0.99	0.11	0.79	0.94	0.99	0.0		0.9	0.86	-0.27	0.98	0.97	0.93	0.87	0.38	0.98
Inventory	0.96	0.97	0.86	0.99	0.9	0.94	0.95	0.87	0.89	0.68	0.93	0.36	0.68	0.94	0.92	0.2	0.9		0.85	-0.08	0.97	0.94	0.98	0.97	0.57	0.93
Other Current Assets	0.91	0.87	0.88	0.89	0.91	0.9	0.8	0.9	0.78	0.81	0.91	0.2	0.81	0.91	0.9	0.13	0.86	0.85		-0.2	0.89	0.92	0.91	0.81	0.27	0.88
Other Stockholder Equity	-0.23	-0.17	-0.37	-0.17	-0.24	-0.23	-0.1	-0.36	-0.34	-0.39	-0.26	0.31	-0.39	-0.3	-0.31	0.82	-0.27	-0.08	-0.2		-0.22	-0.21	-0.19	-0.07	-0.3	-0.21
Total Liab	0.99	0.99	0.94	0.99	0.93	0.99	0.96	0.92	0.91	0.77	0.99	0.26	0.77	0.98	0.99	0.06	0.98	0.97	0.89	-0.22		0.99	0.98	0.95	0.47	0.99
Property Plant And Equipment Gross	0.99	0.97	0.95	0.98	0.95	0.99	0.92	0.94	0.87	0.82	0.99	0.25	0.82	0.98	0.99	0.08	0.97	0.94	0.92	-0.21	0.99		0.98	0.92	0.37	0.98
Total Current Assets	0.99	0.96	0.94	0.98	0.97	0.98	0.91	0.95	0.93	0.82	0.97	0.24	0.82	0.98	0.97	0.16	0.93	0.98	0.91	-0.19	0.98	0.98		0.93	0.48	0.94
Short Term Debt	0.91	0.97	0.79	0.98	0.8	0.89	0.98	0.78	0.82	0.57	0.89	0.52	0.57	0.91	0.89	0.12	0.87	0.97	0.81	-0.07	0.95	0.92	0.93		0.55	0.94
Intangible Assets	0.43	0.48	0.37	0.52	0.35	0.38	0.52	0.38	0.57	0.15	0.39	0.17	0.15	0.47	0.4	-0.08	0.38	0.57	0.27	-0.3	0.47	0.37	0.48	0.55		0.39
Other Liab	0.97	0.99	0.92	0.97	0.88	0.97	0.96	0.87	0.85	0.72	0.98	0.3	0.72	0.95	0.98	-0.01	0.98	0.93	0.88	-0.21	0.99	0.98	0.94	0.94	0.39

Click cells to compare fundamentals

MarineMax Account Relationship Matchups

MarineMax fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	775.3M	1.0B	1.4B	2.4B	2.6B	2.7B
Short Long Term Debt Total	192.1M	182.6M	279.6M	1.1B	1.2B	1.3B
Other Current Liab	52.1M	122.6M	131.5M	219.9M	197.3M	207.2M
Total Current Liabilities	272.5M	251.1M	412.8M	847.0M	1.1B	1.1B
Total Stockholder Equity	455.4M	594.9M	782.7M	915.8M	975.8M	1.0B
Property Plant And Equipment Net	179.9M	280.4M	342.8M	666.3M	669.4M	702.8M
Net Debt	36.6M	(39.6M)	51.3M	892.5M	1.0B	1.1B
Retained Earnings	277.7M	432.7M	630.7M	739.9M	778.0M	816.9M
Accounts Payable	37.3M	25.7M	34.3M	71.7M	54.5M	57.2M
Cash	155.5M	222.2M	228.3M	201.5M	224.3M	235.5M
Non Current Assets Total	272.0M	490.3M	598.8M	1.3B	1.3B	1.4B
Non Currrent Assets Other	7.8M	(23.6M)	(23.0M)	(19.4M)	32.7M	34.4M
Cash And Short Term Investments	155.5M	222.2M	228.3M	201.5M	224.3M	235.5M
Net Receivables	40.2M	47.7M	50.3M	85.8M	106.4M	111.7M
Good Will	84.3M	201.1M	235.6M	559.8M	592.3M	621.9M
Common Stock Shares Outstanding	22.1M	22.9M	22.4M	22.4M	23.0M	22.3M
Liabilities And Stockholders Equity	775.3M	1.0B	1.4B	2.4B	2.6B	2.7B
Non Current Liabilities Total	47.4M	161.8M	157.3M	655.8M	549.7M	577.2M
Inventory	298.0M	231.0M	454.4M	812.8M	906.6M	952.0M
Other Current Assets	9.6M	16.7M	21.1M	23.1M	35.8M	37.6M
Other Stockholder Equity	176.8M	161.5M	154.8M	174.6M	193.1M	195.0M
Total Liab	319.9M	412.9M	570.1M	1.5B	1.6B	1.7B
Property Plant And Equipment Gross	179.9M	280.4M	342.8M	666.3M	836.6M	878.4M
Total Current Assets	503.3M	517.5M	754.0M	1.1B	1.3B	1.3B
Accumulated Other Comprehensive Income	829K	648K	(2.8M)	1.3M	4.6M	4.9M
Short Term Debt	151.2M	38.1M	144.6M	557.2M	752.5M	790.1M
Intangible Assets	53K	5.6M	10.9M	39.7M	37.5M	19.9M
Other Liab	6.6M	17.4M	22.4M	142.8M	164.2M	172.5M
Other Assets	7.8M	8.8M	9.5M	32.3M	37.1M	39.0M
Property Plant Equipment	141.9M	280.4M	342.8M	666.3M	766.3M	804.6M
Current Deferred Revenue	31.8M	100.7M	144.4M	81.7M	64.8M	68.1M
Treasury Stock	(75.3M)	(103.0M)	(103.6M)	(127.4M)	(114.6M)	(108.9M)
Net Tangible Assets	371.1M	393.8M	536.2M	316.3M	363.8M	341.0M
Retained Earnings Total Equity	202.5M	277.7M	432.7M	630.7M	725.3M	761.5M
Capital Surpluse	280.4M	288.9M	303.4M	323.2M	371.7M	281.8M
Deferred Long Term Liab	1.1M	4.5M	9.3M	15.4M	17.7M	18.6M
Short Long Term Debt	144.4M	27.5M	134.9M	570.8M	742.8M	779.9M

Pair Trading with MarineMax

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 MarineMax 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 MarineMax will appreciate offsetting losses from the drop in the long position's value.

Moving against MarineMax Stock

0.34	LB	LandBridge Company	Pair Corr
0.31	BBW	Build A Bear Earnings Call This Week	Pair Corr

The ability to find closely correlated positions to MarineMax could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MarineMax 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 MarineMax - 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 MarineMax to buy it.

The correlation of MarineMax 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 MarineMax moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MarineMax 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 MarineMax 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.

Pair Correlation Correlation Matching

When determining whether MarineMax offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MarineMax'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 Marinemax Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Marinemax Stock:

How To Invest In MarineMax

Details

Is MarineMax Stock a good investment?

Details

What is MarineMax's Net Worth?

Details

Largest Consumer Discretionary Distribution & Retail Companies

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in MarineMax. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

To learn how to invest in MarineMax Stock, please use our How to Invest in MarineMax guide.

You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Is Other Specialty Retail 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 MarineMax. If investors know MarineMax 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 MarineMax 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

(0.74)

Earnings Share

1.65

Revenue Per Share

109.153

Quarterly Revenue Growth

(0.05)

Return On Assets

0.0319

The market value of MarineMax is measured differently than its book value, which is the value of MarineMax that is recorded on the company's balance sheet. Investors also form their own opinion of MarineMax's value that differs from its market value or its book value, called intrinsic value, which is MarineMax'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 MarineMax's market value can be influenced by many factors that don't directly affect MarineMax'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 MarineMax's value and its price as these two are different measures arrived at by different means. Investors typically determine if MarineMax is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MarineMax'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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MarineMax Cash And Short Term Investments vs Other Stockholder Equity Analysis

Cash And Short Term Investments vs Other Stockholder Equity

Cash And Short Term Investments vs Other Stockholder Equity Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Other Stockholder Equity

MarineMax fundamental ratios Correlations

MarineMax Account Relationship Matchups

High Positive Relationship

High Negative Relationship

MarineMax fundamental ratios Accounts

Pair Trading with MarineMax

Moving against MarineMax Stock

COMMON DESTINATIONS

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COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Good Will	+ 1.0	Non Current Assets Total
Non Current Assets Total	+ 0.99	Total Assets
Good Will	+ 0.99	Total Assets

Other Stockholder Equity	- 0.39	Cash And Short Term Investments
Other Stockholder Equity	- 0.39	Cash
Other Stockholder Equity	- 0.37	Other Current Liab
Other Stockholder Equity	- 0.36	Retained Earnings
Other Stockholder Equity	- 0.34	Accounts Payable
Other Stockholder Equity	- 0.31	Good Will