Marine Financial Statements From 2010 to 2022

MPX
 Stock
  

USD 11.13  0.15  1.33%   

Marine Products financial statements provide useful quarterly and yearly information to potential Marine Products Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Marine Products financial statements helps investors assess Marine Products' valuation, profitability, and current liquidity needs.
We have found one hundred three available fundamental ratios for Marine Products, which can be analyzed and compared to other ratios and to its peers in the industry. Make sure you check all of Marine Products last-minute market performance against the performance between 2010 and 2022 to make sure the company can sustain itself down the road.
Marine Products Average Assets are fairly stable at the moment as compared to the past year. Marine Products reported Average Assets of 134.76 Million in 2021. Enterprise Value is likely to rise to about 439.2 M in 2022, whereas Net Income Per Employee is likely to drop slightly above 26.2 K in 2022.
  
Check Marine Products financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Marine main balance sheet or income statement drivers, such as Direct Expenses of 191.3 M, Consolidated Income of 25.1 M or Cost of Revenue of 222.1 M, as well as many exotic indicators such as Calculated Tax Rate of 25.04, PPandE Turnover of 17.49 or Receivables Turnover of 92.15. Marine financial statements analysis is a perfect complement when working with Marine Products Valuation or Volatility modules. It can also supplement Marine Products' financial leverage analysis and stock options assessment as well as various Marine Products Technical models . Additionally, see the analysis of Marine Products Correlation against competitors.

Marine Products Revenues

285.22 Million

Marine Products Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets131.4 M132.8 M108.4 M
Increasing
Slightly volatile
Cash and Equivalents12.9 M14.1 M9.1 M
Increasing
Slightly volatile
Investments7.1 M6.9 M24.1 M
Decreasing
Slightly volatile
Investments Current3.5 M2.7 MM
Decreasing
Slightly volatile
Investments Non Current4.3 M4.2 M19.2 M
Decreasing
Slightly volatile
Property Plant and Equipment Net15.1 M14.4 M13.1 M
Increasing
Slightly volatile
Inventory61.1 M73.3 M39.5 M
Increasing
Slightly volatile
Tax Assets4.3 M4.4 M4.7 M
Decreasing
Slightly volatile
Trade and Non Trade Receivables3.4 M3.3 M2.9 M
Increasing
Slightly volatile
Trade and Non Trade Payables6.3 M6.8 M4.7 M
Increasing
Slightly volatile
Goodwill and Intangible Assets3.4 M3.4 M3.7 M
Decreasing
Slightly volatile
Total Liabilities32.3 M34.3 M24.6 M
Increasing
Slightly volatile
Shareholders Equity99.1 M98.5 M83.8 M
Increasing
Very volatile
Accumulated Retained Earnings Deficit96.9 M97.7 M80.8 M
Increasing
Stable
Current Assets82.5 M93.1 M58.5 M
Increasing
Slightly volatile
Assets Non Current41.3 M39.7 M49.3 M
Decreasing
Slightly volatile
Current Liabilities18.8 M18.1 M15.9 M
Increasing
Slightly volatile
Liabilities Non Current13.5 M16.2 M8.7 M
Increasing
Slightly volatile
Shareholders Equity USD99.1 M98.5 M83.8 M
Increasing
Very volatile
Cash and Equivalents USD12.9 M14.1 M9.1 M
Increasing
Slightly volatile
Accounts Payable5.5 M6.8 M4.6 M
Increasing
Slightly volatile
Receivables2.9 M3.3 M2.8 M
Increasing
Slightly volatile
Inventories79 M73.3 M40.7 M
Increasing
Slightly volatile

Marine Products Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues285.2 M298 M217.7 M
Increasing
Slightly volatile
Cost of Revenue222.1 M229.7 M171.7 M
Increasing
Slightly volatile
Selling General and Administrative Expense31.3 M31.9 M24.8 M
Increasing
Slightly volatile
Operating Expenses31.3 M31.9 M24.8 M
Increasing
Slightly volatile
Income Tax Expense7.1 M7.4 M5.3 M
Increasing
Slightly volatile
Consolidated Income25.1 M29 M16.7 M
Increasing
Slightly volatile
Net Income25.1 M29 M16.7 M
Increasing
Slightly volatile
Net Income Common Stock25.1 M29 M16.7 M
Increasing
Slightly volatile
Weighted Average Shares33.2 M34 M36.1 M
Decreasing
Slightly volatile
Weighted Average Shares Diluted38.1 M33.3 M35.8 M
Decreasing
Slightly volatile
Earning Before Interest and Taxes EBIT32.1 M36.4 M22 M
Increasing
Slightly volatile
Revenues USD285.2 M298 M217.7 M
Increasing
Slightly volatile
Net Income Common Stock USD25.1 M29 M16.7 M
Increasing
Slightly volatile
Earning Before Interest and Taxes USD32.1 M36.4 M22 M
Increasing
Slightly volatile
Gross Profit63.1 M68.3 M46.1 M
Increasing
Slightly volatile
Operating Income31.7 M36.4 M21.3 M
Increasing
Slightly volatile
Direct Expenses191.3 M229.7 M169 M
Increasing
Slightly volatile

Marine Products Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Capital Expenditure(1.3 M)(1.2 M)(1.4 M)
Decreasing
Slightly volatile
Net Cash Flow Investment Acquisitions and Disposals7.1 M8.8 M3.8 M
Increasing
Slightly volatile
Net Cash Flow from Investing(1.3 M)(1.2 M)427.6 K
Increasing
Stable
Net Cash Flow from Operations469 K457 K14.3 M
Increasing
Stable
Net Cash Flow or Change in Cash and Cash Equivalents(17.9 M)(17.5 M)(1.7 M)
Decreasing
Very volatile
Share Based Compensation2.4 M2.3 MM
Increasing
Slightly volatile
Depreciation Amortization and Accretion1.7 M1.8 M1.3 M
Increasing
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Earnings per Basic Share0.730.850.4766
Increasing
Slightly volatile
Earnings per Diluted Share0.730.850.4751
Increasing
Slightly volatile
Earnings per Basic Share USD0.730.850.4766
Increasing
Slightly volatile
Dividends per Basic Common Share0.420.460.2809
Increasing
Slightly volatile
Return on Average Equity0.290.3120.2026
Increasing
Slightly volatile
Return on Average Assets0.20.2150.147
Increasing
Slightly volatile
Return on Invested Capital0.410.440.2946
Increasing
Slightly volatile
Gross Margin0.240.2290.2077
Increasing
Slightly volatile
Profit Margin0.09250.0970.0725
Increasing
Slightly volatile
EBITDA Margin0.130.1280.1019
Increasing
Slightly volatile
Return on Sales0.120.1220.0957
Increasing
Slightly volatile
Asset Turnover2.322.2111.9338
Increasing
Slightly volatile
Payout Ratio0.620.5410.5607
Increasing
Slightly volatile
Enterprise Value over EBITDA13.3810.86417.9148
Decreasing
Slightly volatile
Enterprise Value over EBIT14.0211.019.2324
Decreasing
Slightly volatile
Price to Earnings Ratio18.8314.70625.744
Decreasing
Slightly volatile
Sales per Share8.28.7676.0967
Increasing
Slightly volatile
Price to Sales Ratio1.51.4261.7439
Decreasing
Very volatile
Price to Book Value5.144.3134.7481
Increasing
Slightly volatile
Debt to Equity Ratio0.360.3480.3004
Increasing
Slightly volatile
Dividend Yield0.03440.0370.0246
Increasing
Slightly volatile
Current Ratio4.795.1533.7038
Increasing
Slightly volatile
Free Cash Flow per Share(0.0236)(0.023)0.3619
Increasing
Stable
Book Value per Share2.832.8982.3179
Increasing
Slightly volatile
Tangible Assets Book Value per Share3.643.7972.9018
Increasing
Slightly volatile
Total Assets Per Share3.33.9082.9776
Increasing
Slightly volatile
Cash Flow Per Share0.01380.01340.4163
Increasing
Stable
Return on Investment31.7439.763126.1375
Increasing
Slightly volatile
Operating Margin10.0712.21158.7589
Increasing
Slightly volatile
Calculated Tax Rate25.0420.275824.8404
Decreasing
Stable
Receivables Turnover92.1574.802791.2347
Decreasing
Very volatile
Inventory Turnover4.083.97584.6669
Increasing
Very volatile
PPandE Turnover17.4920.336716.2329
Increasing
Slightly volatile
Cash and Equivalents Turnover13.3913.049335.5598
Decreasing
Slightly volatile
Accounts Payable Turnover45.2346.383549.1126
Increasing
Slightly volatile
Accrued Expenses Turnover23.6727.398522.0908
Increasing
Slightly volatile
Quick Ratio0.550.53740.9566
Decreasing
Slightly volatile
Net Current Assets as percentage of Total Assets45.9556.488639.0779
Increasing
Slightly volatile
Revenue to Assets2.032.24342.0134
Increasing
Slightly volatile

Marine Products Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings before Tax32.1 M36.4 M22 M
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA33.8 M38.2 M23.4 M
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD33.8 M38.2 M23.4 M
Increasing
Slightly volatile
Market Capitalization450 M424.9 M379.8 M
Increasing
Slightly volatile
Enterprise Value439.2 M415.3 M370.1 M
Increasing
Slightly volatile
Invested Capital83.3 M96.9 M78.7 M
Decreasing
Slightly volatile
Average Equity84.1 M93.1 M83.9 M
Decreasing
Slightly volatile
Average Assets135.5 M134.8 M113.2 M
Increasing
Slightly volatile
Invested Capital Average76.2 M82.8 M78.1 M
Decreasing
Slightly volatile
Tangible Asset Value127.2 M129.1 M104.6 M
Increasing
Slightly volatile
Free Cash Flow(811.8 K)(791 K)12.9 M
Increasing
Stable
Working Capital63.6 M75 M42.6 M
Increasing
Slightly volatile
Revenue Per Employee302.6 K338.7 K295.8 K
Increasing
Slightly volatile
Net Income Per Employee26.2 K33 K21.4 K
Increasing
Slightly volatile

Marine Fundamental Market Drivers

Short Percent Of Float1.84%
Forward Price Earnings12.64
Shares Short Prior Month180.05k
Average Daily Volume Last 10 Day46.66k
Average Daily Volume In Three Month28.88k
Date Short Interest15th of July 2022
Fifty Day Average9.96
Two Hundred Day Average11.54

Marine Upcoming Events

Upcoming Quarterly Report26th of January 2022
Next Fiscal Quarter End31st of December 2021

About Marine Products Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Marine Products income statement, its balance sheet, and the statement of cash flows. Marine Products investors use historical funamental indicators, such as Marine Products's revenue or net income, to determine how well the company is positioned to perform in the future. Although Marine Products investors may use each financial statement separately, they are all related. The changes in Marine Products's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Marine Products's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Marine Products Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Marine Products. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Cost of Revenue229.7 M222.1 M
Revenues298 M285.2 M
Revenue to Assets 2.24  2.03 
Revenue Per Employee338.7 K302.6 K

Marine Products Implied Volatility

    
  193.23  
Marine Products' implied volatility exposes the market's sentiment of Marine Products Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Marine Products' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Marine Products stock will not fluctuate a lot when Marine Products' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Marine Products in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Marine Products' short interest history, or implied volatility extrapolated from Marine Products options trading.

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Additionally, see the analysis of Marine Products Correlation against competitors. Note that the Marine Products Corp information on this page should be used as a complementary analysis to other Marine Products' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Equity Valuation module to check real value of public entities based on technical and fundamental data.

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When running Marine Products Corp price analysis, check to measure Marine Products' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Marine Products is operating at the current time. Most of Marine Products' value examination focuses on studying past and present price action to predict the probability of Marine Products' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Marine Products' price. Additionally, you may evaluate how the addition of Marine Products to your portfolios can decrease your overall portfolio volatility.
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Is Marine Products' industry 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 Marine Products. If investors know Marine 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 Marine Products 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 YOY
0.71
Market Capitalization
386.2 M
Quarterly Revenue Growth YOY
0.43
Return On Assets
0.21
Return On Equity
0.32
The market value of Marine Products Corp is measured differently than its book value, which is the value of Marine that is recorded on the company's balance sheet. Investors also form their own opinion of Marine Products' value that differs from its market value or its book value, called intrinsic value, which is Marine Products' 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 Marine Products' market value can be influenced by many factors that don't directly affect Marine Products' 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 Marine Products' value and its price as these two are different measures arrived at by different means. Investors typically determine Marine Products value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marine Products' 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.