MPLX Change Receivables vs Change To Account Receivables Analysis

MPLX Stock  USD 52.77  0.53  0.99%   
MPLX LP financial indicator trend analysis is infinitely more than just investigating MPLX LP recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MPLX LP is a good investment. Please check the relationship between MPLX LP Change Receivables and its Change To Account Receivables accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MPLX LP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy MPLX Stock please use our How to Invest in MPLX LP guide.

Change Receivables vs Change To Account Receivables

Change Receivables vs Change To Account Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MPLX LP Change Receivables account and Change To Account Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between MPLX LP's Change Receivables and Change To Account Receivables is 0.6. Overlapping area represents the amount of variation of Change Receivables that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of MPLX LP, assuming nothing else is changed. The correlation between historical values of MPLX LP's Change Receivables and Change To Account Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change Receivables of MPLX LP are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Change Receivables i.e., MPLX LP's Change Receivables and Change To Account Receivables go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

Change Receivables

The difference in the amount of accounts receivable from one accounting period to the next. A positive number indicates an increase in receivables, while a negative number indicates a decrease.

Change To Account Receivables

Most indicators from MPLX LP's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MPLX LP 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 MPLX LP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy MPLX Stock please use our How to Invest in MPLX LP guide.At this time, MPLX LP's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 12.1 M in 2026, whereas Enterprise Value is likely to drop slightly above 4.8 B in 2026.
 2023 2024 2025 2026 (projected)
Gross Profit4.6B4.8B5.5B5.8B
Total Revenue10.4B10.9B12.5B13.2B

MPLX LP fundamental ratios Correlations

0.750.860.970.910.540.440.630.930.930.910.870.860.540.930.870.990.930.990.80.981.00.560.440.880.99
0.750.90.660.70.240.520.850.820.840.830.80.840.230.830.610.710.810.730.790.780.750.610.520.850.76
0.860.90.80.770.310.730.880.950.940.950.90.980.330.960.660.820.960.850.950.870.860.780.730.970.87
0.970.660.80.90.590.390.540.870.890.830.750.80.550.870.90.970.860.970.730.910.970.480.390.820.92
0.910.70.770.90.40.310.550.830.810.780.750.760.520.830.80.920.820.920.680.880.910.370.310.750.89
0.540.240.310.590.4-0.06-0.040.490.570.420.450.290.470.470.810.540.460.550.240.510.550.0-0.060.380.51
0.440.520.730.390.31-0.060.80.60.580.610.570.78-0.050.620.110.370.630.40.780.450.430.911.00.710.45
0.630.850.880.540.55-0.040.80.750.740.770.730.88-0.040.760.320.570.770.590.820.660.620.90.80.860.65
0.930.820.950.870.830.490.60.750.970.990.970.950.511.00.790.911.00.930.920.950.940.710.60.970.95
0.930.840.940.890.810.570.580.740.970.950.910.930.510.970.850.90.970.920.890.930.930.680.580.960.92
0.910.830.950.830.780.420.610.770.990.950.970.950.50.990.750.890.990.910.930.940.920.720.610.960.94
0.870.80.90.750.750.450.570.730.970.910.970.90.460.960.710.840.960.860.870.920.870.690.570.930.92
0.860.840.980.80.760.290.780.880.950.930.950.90.340.960.630.820.960.840.970.870.860.850.780.980.87
0.540.230.330.550.520.47-0.05-0.040.510.510.50.460.340.50.680.580.50.590.450.550.56-0.02-0.050.370.54
0.930.830.960.870.830.470.620.761.00.970.990.960.960.50.780.911.00.930.930.940.940.710.620.970.95
0.870.610.660.90.80.810.110.320.790.850.750.710.630.680.780.890.770.890.570.830.880.220.110.70.84
0.990.710.820.970.920.540.370.570.910.90.890.840.820.580.910.890.91.00.760.971.00.480.370.840.98
0.930.810.960.860.820.460.630.771.00.970.990.960.960.51.00.770.90.930.930.940.930.730.630.970.94
0.990.730.850.970.920.550.40.590.930.920.910.860.840.590.930.891.00.930.790.981.00.510.40.860.98
0.80.790.950.730.680.240.780.820.920.890.930.870.970.450.930.570.760.930.790.820.80.820.780.930.82
0.980.780.870.910.880.510.450.660.950.930.940.920.870.550.940.830.970.940.980.820.980.590.450.91.0
1.00.750.860.970.910.550.430.620.940.930.920.870.860.560.940.881.00.931.00.80.980.550.430.880.99
0.560.610.780.480.370.00.910.90.710.680.720.690.85-0.020.710.220.480.730.510.820.590.550.910.820.59
0.440.520.730.390.31-0.061.00.80.60.580.610.570.78-0.050.620.110.370.630.40.780.450.430.910.710.45
0.880.850.970.820.750.380.710.860.970.960.960.930.980.370.970.70.840.970.860.930.90.880.820.710.9
0.990.760.870.920.890.510.450.650.950.920.940.920.870.540.950.840.980.940.980.821.00.990.590.450.9
Click cells to compare fundamentals

MPLX LP Account Relationship Matchups

MPLX LP fundamental ratios Accounts

202120222023202420252026 (projected)
Total Assets35.5B35.7B36.5B37.5B43.1B22.2B
Other Current Liab2.5B1.1B1.2B1.2B1.4B1.5B
Total Current Liabilities3.3B2.4B2.6B3.2B3.7B3.9B
Total Stockholder Equity12.8B13.5B13.3B13.8B15.8B9.2B
Other Liab481M495M637M484M556.6M301.1M
Accounts Payable172M224M153M147M169.1M215.1M
Cash13M238M1.0B1.5B1.7B1.8B
Other Assets489M35.5B35.7B36.5B42.0B44.1B
Long Term Debt18.1B18.8B19.3B19.3B22.1B23.2B
Common Stock Shares Outstanding1.0B1.0B1.0B1.0B1.2B1.2B
Inventory142M148M159M180M207M217.4M
Other Current Assets218M36M40M39M38.0M46.0M
Total Liab22.5B22.2B22.9B23.5B27.0B28.4B
Intangible Assets831M705M654M518M595.7M539.4M
Property Plant Equipment22.1B21.2B20.0B19.4B22.3B11.4B
Short Long Term Debt Total19.1B20.3B20.9B21.4B24.7B25.9B
Property Plant And Equipment Net20.5B19.4B19.8B19.7B22.6B13.7B
Current Deferred Revenue77M80M81M106M121.9M128.0M
Net Debt19.1B20.1B19.9B19.9B22.9B11.8B
Non Current Assets Total34B33.8B33.7B34.2B39.4B22.4B
Non Currrent Assets Other60M1.0B1.1B1.2B1.4B1.4B
Cash And Short Term Investments13M238M1.0B1.5B1.7B1.8B
Net Receivables1.3B1.5B1.6B1.5B1.8B1.9B
Liabilities And Stockholders Equity35.5B35.7B36.5B37.5B43.1B23.7B
Non Current Liabilities Total19.1B19.8B20.3B20.3B23.3B12.2B
Other Stockholder Equity(724M)203M12.5B13.8B15.9B16.7B
Property Plant And Equipment Gross27.0B26.4B27.9B28.9B33.2B25.2B
Total Current Assets1.5B1.9B2.8B3.3B3.8B4.0B
Accumulated Other Comprehensive Income(17M)(8M)(4M)(3M)(2.7M)(2.8M)
Short Term Debt561M1.0B1.2B1.7B2.0B2.1B
Retained Earnings(13.8B)(12.8B)(13.3B)(12.5B)(11.2B)(11.8B)
Deferred Long Term Liab421M441M170M142M163.3M254.9M
Common Stock11.2B11.7B12.5B13.6B15.6B9.7B
Net Tangible Assets6.8B5.4B3.3B5.9B6.7B5.6B
Long Term Debt Total19.7B19.4B18.1B18.8B21.6B11.7B
Short Long Term Debt499M988M1.1B1.7B1.5B1.3B
Long Term Investments5.1B5.3B3.7B4.5B5.2B4.5B

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