MPLX Depreciation vs Other Non Cash Items Analysis

MPLX Stock

USD 52.34 0.12 0.23%

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 Depreciation and its Other Non Cash Items 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.

Depreciation vs Other Non Cash Items

Depreciation vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MPLX LP Depreciation account and Other Non Cash Items. At this time, the significance of the direction appears to have almost no relationship.

The correlation between MPLX LP's Depreciation and Other Non Cash Items is 0.15. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Other Non Cash Items 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 Depreciation and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of MPLX LP are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Depreciation i.e., MPLX LP's Depreciation and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

0.15

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Depreciation

Depreciation indicates how much of MPLX LP value has been used up. For tax purposes MPLX LP can deduct the cost of the tangible assets it purchases as business expenses. However, MPLX LP must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Other Non Cash Items

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 Profit	4.6B	4.8B	5.5B	5.8B
Total Revenue	10.4B	10.9B	12.5B	13.2B

Gross Profit Total Revenue

MPLX LP fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Accounts Payable	Cash	Other Assets	Long Term Debt	Good Will	Common Stock Shares Outstanding	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total
Total Assets		0.75	0.86	0.97	0.91	0.54	0.44	0.63	0.93	0.93	0.91	0.87	0.86	0.54	0.93	0.87	0.99	0.93	0.99	0.8	0.98	1.0	0.56	0.44	0.88	0.99
Other Current Liab	0.75		0.9	0.66	0.7	0.24	0.52	0.85	0.82	0.84	0.83	0.8	0.84	0.23	0.83	0.61	0.71	0.81	0.73	0.79	0.78	0.75	0.61	0.52	0.85	0.76
Total Current Liabilities	0.86	0.9		0.8	0.77	0.31	0.73	0.88	0.95	0.94	0.95	0.9	0.98	0.33	0.96	0.66	0.82	0.96	0.85	0.95	0.87	0.86	0.78	0.73	0.97	0.87
Total Stockholder Equity	0.97	0.66	0.8		0.9	0.59	0.39	0.54	0.87	0.89	0.83	0.75	0.8	0.55	0.87	0.9	0.97	0.86	0.97	0.73	0.91	0.97	0.48	0.39	0.82	0.92
Other Liab	0.91	0.7	0.77	0.9		0.4	0.31	0.55	0.83	0.81	0.78	0.75	0.76	0.52	0.83	0.8	0.92	0.82	0.92	0.68	0.88	0.91	0.37	0.31	0.75	0.89
Accounts Payable	0.54	0.24	0.31	0.59	0.4		-0.06	-0.04	0.49	0.57	0.42	0.45	0.29	0.47	0.47	0.81	0.54	0.46	0.55	0.24	0.51	0.55	0.0	-0.06	0.38	0.51
Cash	0.44	0.52	0.73	0.39	0.31	-0.06		0.8	0.6	0.58	0.61	0.57	0.78	-0.05	0.62	0.11	0.37	0.63	0.4	0.78	0.45	0.43	0.91	1.0	0.71	0.45
Other Assets	0.63	0.85	0.88	0.54	0.55	-0.04	0.8		0.75	0.74	0.77	0.73	0.88	-0.04	0.76	0.32	0.57	0.77	0.59	0.82	0.66	0.62	0.9	0.8	0.86	0.65
Long Term Debt	0.93	0.82	0.95	0.87	0.83	0.49	0.6	0.75		0.97	0.99	0.97	0.95	0.51	1.0	0.79	0.91	1.0	0.93	0.92	0.95	0.94	0.71	0.6	0.97	0.95
Good Will	0.93	0.84	0.94	0.89	0.81	0.57	0.58	0.74	0.97		0.95	0.91	0.93	0.51	0.97	0.85	0.9	0.97	0.92	0.89	0.93	0.93	0.68	0.58	0.96	0.92
Common Stock Shares Outstanding	0.91	0.83	0.95	0.83	0.78	0.42	0.61	0.77	0.99	0.95		0.97	0.95	0.5	0.99	0.75	0.89	0.99	0.91	0.93	0.94	0.92	0.72	0.61	0.96	0.94
Short Term Investments	0.87	0.8	0.9	0.75	0.75	0.45	0.57	0.73	0.97	0.91	0.97		0.9	0.46	0.96	0.71	0.84	0.96	0.86	0.87	0.92	0.87	0.69	0.57	0.93	0.92
Inventory	0.86	0.84	0.98	0.8	0.76	0.29	0.78	0.88	0.95	0.93	0.95	0.9		0.34	0.96	0.63	0.82	0.96	0.84	0.97	0.87	0.86	0.85	0.78	0.98	0.87
Other Current Assets	0.54	0.23	0.33	0.55	0.52	0.47	-0.05	-0.04	0.51	0.51	0.5	0.46	0.34		0.5	0.68	0.58	0.5	0.59	0.45	0.55	0.56	-0.02	-0.05	0.37	0.54
Total Liab	0.93	0.83	0.96	0.87	0.83	0.47	0.62	0.76	1.0	0.97	0.99	0.96	0.96	0.5		0.78	0.91	1.0	0.93	0.93	0.94	0.94	0.71	0.62	0.97	0.95
Intangible Assets	0.87	0.61	0.66	0.9	0.8	0.81	0.11	0.32	0.79	0.85	0.75	0.71	0.63	0.68	0.78		0.89	0.77	0.89	0.57	0.83	0.88	0.22	0.11	0.7	0.84
Property Plant Equipment	0.99	0.71	0.82	0.97	0.92	0.54	0.37	0.57	0.91	0.9	0.89	0.84	0.82	0.58	0.91	0.89		0.9	1.0	0.76	0.97	1.0	0.48	0.37	0.84	0.98
Short Long Term Debt Total	0.93	0.81	0.96	0.86	0.82	0.46	0.63	0.77	1.0	0.97	0.99	0.96	0.96	0.5	1.0	0.77	0.9		0.93	0.93	0.94	0.93	0.73	0.63	0.97	0.94
Property Plant And Equipment Net	0.99	0.73	0.85	0.97	0.92	0.55	0.4	0.59	0.93	0.92	0.91	0.86	0.84	0.59	0.93	0.89	1.0	0.93		0.79	0.98	1.0	0.51	0.4	0.86	0.98
Current Deferred Revenue	0.8	0.79	0.95	0.73	0.68	0.24	0.78	0.82	0.92	0.89	0.93	0.87	0.97	0.45	0.93	0.57	0.76	0.93	0.79		0.82	0.8	0.82	0.78	0.93	0.82
Net Debt	0.98	0.78	0.87	0.91	0.88	0.51	0.45	0.66	0.95	0.93	0.94	0.92	0.87	0.55	0.94	0.83	0.97	0.94	0.98	0.82		0.98	0.59	0.45	0.9	1.0
Non Current Assets Total	1.0	0.75	0.86	0.97	0.91	0.55	0.43	0.62	0.94	0.93	0.92	0.87	0.86	0.56	0.94	0.88	1.0	0.93	1.0	0.8	0.98		0.55	0.43	0.88	0.99
Non Currrent Assets Other	0.56	0.61	0.78	0.48	0.37	0.0	0.91	0.9	0.71	0.68	0.72	0.69	0.85	-0.02	0.71	0.22	0.48	0.73	0.51	0.82	0.59	0.55		0.91	0.82	0.59
Cash And Short Term Investments	0.44	0.52	0.73	0.39	0.31	-0.06	1.0	0.8	0.6	0.58	0.61	0.57	0.78	-0.05	0.62	0.11	0.37	0.63	0.4	0.78	0.45	0.43	0.91		0.71	0.45
Net Receivables	0.88	0.85	0.97	0.82	0.75	0.38	0.71	0.86	0.97	0.96	0.96	0.93	0.98	0.37	0.97	0.7	0.84	0.97	0.86	0.93	0.9	0.88	0.82	0.71		0.9
Non Current Liabilities Total	0.99	0.76	0.87	0.92	0.89	0.51	0.45	0.65	0.95	0.92	0.94	0.92	0.87	0.54	0.95	0.84	0.98	0.94	0.98	0.82	1.0	0.99	0.59	0.45	0.9

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MPLX LP Account Relationship Matchups

MPLX LP fundamental ratios Accounts

	2021	2022	2023	2024	2025	2026 (projected)
Total Assets	35.5B	35.7B	36.5B	37.5B	43.1B	22.2B
Other Current Liab	2.5B	1.1B	1.2B	1.2B	1.4B	1.5B
Total Current Liabilities	3.3B	2.4B	2.6B	3.2B	3.7B	3.9B
Total Stockholder Equity	12.8B	13.5B	13.3B	13.8B	15.8B	9.2B
Other Liab	481M	495M	637M	484M	556.6M	301.1M
Accounts Payable	172M	224M	153M	147M	169.1M	215.1M
Cash	13M	238M	1.0B	1.5B	1.7B	1.8B
Other Assets	489M	35.5B	35.7B	36.5B	42.0B	44.1B
Long Term Debt	18.1B	18.8B	19.3B	19.3B	22.1B	23.2B
Common Stock Shares Outstanding	1.0B	1.0B	1.0B	1.0B	1.2B	1.2B
Inventory	142M	148M	159M	180M	207M	217.4M
Other Current Assets	218M	36M	40M	39M	38.0M	46.0M
Total Liab	22.5B	22.2B	22.9B	23.5B	27.0B	28.4B
Intangible Assets	831M	705M	654M	518M	595.7M	539.4M
Property Plant Equipment	22.1B	21.2B	20.0B	19.4B	22.3B	11.4B
Short Long Term Debt Total	19.1B	20.3B	20.9B	21.4B	24.7B	25.9B
Property Plant And Equipment Net	20.5B	19.4B	19.8B	19.7B	22.6B	13.7B
Current Deferred Revenue	77M	80M	81M	106M	121.9M	128.0M
Net Debt	19.1B	20.1B	19.9B	19.9B	22.9B	11.8B
Non Current Assets Total	34B	33.8B	33.7B	34.2B	39.4B	22.4B
Non Currrent Assets Other	60M	1.0B	1.1B	1.2B	1.4B	1.4B
Cash And Short Term Investments	13M	238M	1.0B	1.5B	1.7B	1.8B
Net Receivables	1.3B	1.5B	1.6B	1.5B	1.8B	1.9B
Liabilities And Stockholders Equity	35.5B	35.7B	36.5B	37.5B	43.1B	23.7B
Non Current Liabilities Total	19.1B	19.8B	20.3B	20.3B	23.3B	12.2B
Other Stockholder Equity	(724M)	203M	12.5B	13.8B	15.9B	16.7B
Property Plant And Equipment Gross	27.0B	26.4B	27.9B	28.9B	33.2B	25.2B
Total Current Assets	1.5B	1.9B	2.8B	3.3B	3.8B	4.0B
Accumulated Other Comprehensive Income	(17M)	(8M)	(4M)	(3M)	(2.7M)	(2.8M)
Short Term Debt	561M	1.0B	1.2B	1.7B	2.0B	2.1B
Retained Earnings	(13.8B)	(12.8B)	(13.3B)	(12.5B)	(11.2B)	(11.8B)
Deferred Long Term Liab	421M	441M	170M	142M	163.3M	254.9M
Common Stock	11.2B	11.7B	12.5B	13.6B	15.6B	9.7B
Net Tangible Assets	6.8B	5.4B	3.3B	5.9B	6.7B	5.6B
Long Term Debt Total	19.7B	19.4B	18.1B	18.8B	21.6B	11.7B
Short Long Term Debt	499M	988M	1.1B	1.7B	1.5B	1.3B
Long Term Investments	5.1B	5.3B	3.7B	4.5B	5.2B	4.5B

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MPLX Depreciation vs Other Non Cash Items Analysis

Depreciation vs Other Non Cash Items

Depreciation vs Other Non Cash Items Correlation Analysis

Correlation Coefficient

Depreciation

Other Non Cash Items

MPLX LP fundamental ratios Correlations

MPLX LP Account Relationship Matchups

High Positive Relationship

High Negative Relationship

MPLX LP fundamental ratios Accounts

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Additional Tools for MPLX Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Long Term Debt
Short Long Term Debt Total	+ 1.0	Long Term Debt
Short Long Term Debt Total	+ 1.0	Total Liab
Property Plant And Equipment Net	+ 1.0	Property Plant Equipment

Cash And Short Term Investments	- 0.06	Accounts Payable
Cash	- 0.06	Accounts Payable
Cash And Short Term Investments	- 0.05	Other Current Assets
Other Current Assets	- 0.05	Cash
Other Current Assets	- 0.04	Other Assets
Other Assets	- 0.04	Accounts Payable