Murphy Accounts Payable vs Short Term Investments Analysis
MUSA Stock | USD 531.34 6.32 1.20% |
Murphy USA financial indicator trend analysis is infinitely more than just investigating Murphy USA recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Murphy USA is a good investment. Please check the relationship between Murphy USA Accounts Payable and its Short Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Murphy USA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade Murphy Stock refer to our How to Trade Murphy Stock guide.
Accounts Payable vs Short Term Investments
Accounts Payable vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Murphy USA Accounts Payable account and Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Murphy USA's Accounts Payable and Short Term Investments is 0.42. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Murphy USA, assuming nothing else is changed. The correlation between historical values of Murphy USA's Accounts Payable and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Murphy USA are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Accounts Payable i.e., Murphy USA's Accounts Payable and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.42 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Accounts Payable
An accounting item on the balance sheet that represents Murphy USA obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Murphy USA are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Short Term Investments
Short Term Investments is an item under the current assets section of Murphy USA balance sheet. It contains any investments Murphy USA undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Murphy USA can easily liquidate in the marketplace.Most indicators from Murphy USA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Murphy USA 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 Murphy USA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade Murphy Stock refer to our How to Trade Murphy Stock guide.As of November 21, 2024, Selling General Administrative is expected to decline to about 186.7 M. In addition to that, Discontinued Operations is expected to decline to about 31.5 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 82.4M | 85.3M | 98.5M | 103.4M | Depreciation And Amortization | 215.1M | 223.1M | 231.7M | 139.9M |
Murphy USA fundamental ratios Correlations
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Murphy USA Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Murphy USA fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.7B | 2.7B | 4.0B | 4.1B | 4.3B | 2.7B | |
Other Current Liab | 185.4M | 210.1M | 114.7M | 133.3M | 292.3M | 176.5M | |
Total Current Liabilities | 505M | 531.1M | 675.3M | 854.2M | 872.8M | 591.1M | |
Total Stockholder Equity | 803M | 784.1M | 807.2M | 640.7M | 828.9M | 835.8M | |
Other Liab | 261.4M | 253.5M | 356.7M | 392.2M | 451.0M | 473.6M | |
Net Tangible Assets | 803M | 784.1M | 338.5M | 500.3M | 575.3M | 697.6M | |
Retained Earnings | 1.4B | 1.7B | 2.1B | 2.8B | 3.3B | 3.4B | |
Accounts Payable | 280.8M | 261M | 392.5M | 547.6M | 520.3M | 431.0M | |
Cash | 280.3M | 163.6M | 256.4M | 60.5M | 117.8M | 173.3M | |
Other Assets | 44.9M | 2.1B | 14.1M | 14.7M | 16.9M | 16.1M | |
Long Term Debt | 999.3M | 951.2M | 1.8B | 1.8B | 1.8B | 1.9B | |
Net Receivables | 172.9M | 168.8M | 195.7M | 281.7M | 336.7M | 240.2M | |
Retained Earnings Total Equity | 1.4B | 1.7B | 2.1B | 2.8B | 3.2B | 3.3B | |
Common Stock Shares Outstanding | 31.9M | 29.5M | 26.6M | 24.0M | 21.8M | 29.7M | |
Inventory | 227.6M | 279.1M | 292.3M | 319.1M | 341.2M | 228.7M | |
Other Current Assets | 30M | 26.8M | 46.2M | 47.6M | 23.7M | 28.4M | |
Other Stockholder Equity | (561.1M) | (957.6M) | (1.3B) | (2.1B) | (2.4B) | (2.3B) | |
Total Liab | 1.9B | 1.9B | 3.2B | 3.5B | 3.5B | 1.8B | |
Short Long Term Debt | 21.2M | 38.8M | 51.2M | 15M | 13.5M | 12.8M | |
Total Current Assets | 710.8M | 625.2M | 767.8M | 726.8M | 826.5M | 673.8M | |
Accumulated Other Comprehensive Income | 700K | (1.9M) | (1.2M) | (500K) | (575K) | (603.8K) | |
Treasury Stock | (940.3M) | (1.1B) | (1.5B) | (1.8B) | (1.7B) | (1.6B) | |
Short Term Debt | 38.8M | 51.2M | 33.1M | 35.5M | 37.1M | 44.6M | |
Property Plant Equipment | 1.8B | 1.9B | 2.8B | 2.9B | 3.3B | 1.7B | |
Short Long Term Debt Total | 1.0B | 1.0B | 2.2B | 2.3B | 2.3B | 2.4B | |
Property Plant And Equipment Net | 1.8B | 1.9B | 2.8B | 2.9B | 3.0B | 2.0B | |
Current Deferred Revenue | (173.9M) | (182M) | (660.3M) | 295.9M | 32.8M | 34.4M | |
Net Debt | 757.8M | 838.8M | 2.0B | 2.2B | 2.2B | 2.3B | |
Non Current Assets Total | 2.0B | 2.1B | 3.3B | 3.4B | 3.5B | 2.2B | |
Non Currrent Assets Other | 169.1M | (25.5M) | 14.1M | (312.7M) | 17.5M | 18.4M | |
Cash And Short Term Investments | 280.3M | 163.6M | 256.4M | 78.4M | 124.9M | 188.7M | |
Liabilities And Stockholders Equity | 2.7B | 2.7B | 4.0B | 4.1B | 4.3B | 2.9B | |
Non Current Liabilities Total | 1.4B | 1.4B | 2.6B | 2.6B | 2.6B | 1.4B |
Also Currently Popular
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 Murphy USA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Murphy USA'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 Murphy Usa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Murphy Usa Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Murphy USA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade Murphy Stock refer to our How to Trade Murphy Stock guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Automotive 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 Murphy USA. If investors know Murphy 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 Murphy USA 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 (0.06) | Dividend Share 1.72 | Earnings Share 24.17 | Revenue Per Share 880.266 | Quarterly Revenue Growth (0.11) |
The market value of Murphy USA is measured differently than its book value, which is the value of Murphy that is recorded on the company's balance sheet. Investors also form their own opinion of Murphy USA's value that differs from its market value or its book value, called intrinsic value, which is Murphy USA'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 Murphy USA's market value can be influenced by many factors that don't directly affect Murphy USA'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 Murphy USA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Murphy USA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Murphy USA'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.