Marinemax Debt Non Current vs Trade and Non Trade Payables Analysis

HZO
 Stock
  

USD 42.54  0.10  0.23%   

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 Debt Non Current and its Trade and Non Trade Payables accounts. Please check Risk vs Return Analysis.

Debt Non Current vs Trade and Non Trade Payables

Debt Non Current vs Trade and Non Trade Payables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Marinemax Debt Non Current account and Trade and Non Trade Payables. At this time, the significance of the direction appears to have weak relationship.
The correlation between Marinemax's Debt Non Current and Trade and Non Trade Payables is 0.39. Overlapping area represents the amount of variation of Debt Non Current that can explain the historical movement of Trade and Non Trade Payables in the same time period over historical financial statements of Marinemax, assuming nothing else is changed. The correlation between historical values of Marinemax's Debt Non Current and Trade and Non Trade Payables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Debt Non Current of Marinemax are associated (or correlated) with its Trade and Non Trade Payables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Trade and Non Trade Payables has no effect on the direction of Debt Non Current i.e., Marinemax's Debt Non Current and Trade and Non Trade Payables go up and down completely randomly.

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

Debt Non Current

The non-current portion of Total Debt reported if the company operates a classified balance sheet that segments current and non-current liabilities.

Trade and Non Trade Payables

A component of Total Liabilities representing trade and non-trade payables.
Most indicators from Marinemax 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. Please check Risk vs Return Analysis.Marinemax Selling General and Administrative Expense is quite stable at the moment as compared to the past year. The company's current value of Selling General and Administrative Expense is estimated at 558.32 Million. Enterprise Value over EBIT is expected to rise to 4.62 this year, although the value of Net Cash Flow Business Acquisitions and Disposals will most likely fall to (124 M).
 2019 2020 2021 2022 (projected)
Interest Expense9.28 M3.67 M4.21 M5.8 M
Gross Profit398.71 M659.43 M758.35 M818.22 M

Marinemax fundamental ratios Correlations

0.240.570.080.42-0.23-0.310.790.91-0.4-0.29-0.08-0.260.950.290.76-0.40.47-0.240.15-0.42-0.39
0.240.810.890.880.720.70.66-0.070.610.660.840.720.350.890.70.630.850.710.94-0.90.69
0.570.810.690.840.440.440.810.330.230.330.60.420.620.770.840.30.970.420.74-0.880.37
0.080.890.690.930.920.890.62-0.280.840.880.980.910.260.960.660.850.80.910.97-0.880.88
0.420.880.840.930.760.710.840.070.610.70.860.730.580.970.870.640.920.750.93-0.960.66
-0.230.720.440.920.760.980.38-0.570.950.990.941.00.00.830.410.980.61.00.87-0.710.96
-0.310.70.440.890.710.980.28-0.630.920.960.940.98-0.10.770.320.980.590.980.84-0.680.97
0.790.660.810.620.840.380.280.550.190.30.470.350.90.81.00.210.820.360.65-0.820.2
0.91-0.070.33-0.280.07-0.57-0.630.55-0.7-0.62-0.44-0.590.81-0.050.51-0.70.19-0.57-0.2-0.09-0.69
-0.40.610.230.840.610.950.920.19-0.70.970.890.96-0.20.720.230.980.390.950.76-0.540.97
-0.290.660.330.880.70.990.960.3-0.620.970.920.98-0.060.780.340.990.490.990.81-0.630.96
-0.080.840.60.980.860.940.940.47-0.440.890.920.930.10.890.510.90.720.940.94-0.80.94
-0.260.720.420.910.731.00.980.35-0.590.960.980.93-0.040.820.390.990.580.990.85-0.690.97
0.950.350.620.260.580.0-0.10.90.81-0.2-0.060.1-0.040.470.88-0.180.58-0.010.31-0.56-0.21
0.290.890.770.960.970.830.770.8-0.050.720.780.890.820.470.820.730.870.820.95-0.920.75
0.760.70.840.660.870.410.321.00.510.230.340.510.390.880.820.250.850.40.69-0.850.25
-0.40.630.30.850.640.980.980.21-0.70.980.990.90.99-0.180.730.250.470.980.78-0.590.98
0.470.850.970.80.920.60.590.820.190.390.490.720.580.580.870.850.470.590.84-0.930.52
-0.240.710.420.910.751.00.980.36-0.570.950.990.940.99-0.010.820.40.980.590.86-0.710.96
0.150.940.740.970.930.870.840.65-0.20.760.810.940.850.310.950.690.780.840.86-0.90.82
-0.42-0.9-0.88-0.88-0.96-0.71-0.68-0.82-0.09-0.54-0.63-0.8-0.69-0.56-0.92-0.85-0.59-0.93-0.71-0.9-0.61
-0.390.690.370.880.660.960.970.2-0.690.970.960.940.97-0.210.750.250.980.520.960.82-0.61
Click cells to compare fundamentals

Marinemax Account Relationship Matchups

Marinemax fundamental ratios Accounts

201720182019202020212022 (projected)
Inventories377.07 M477.47 M298 M230.98 M207.89 M231.39 M
Receivables34 M42.4 M40.2 M47.65 M42.89 M33.86 M
Accounts Payable23.13 M33.67 M37.34 M25.74 M23.17 M19.52 M
Total Assets640.54 M784.08 M775.32 M1.01 B1.16 B945.52 M
Current Assets465.29 M568.58 M503.33 M517.52 M595.15 M541.7 M
Assets Non Current175.25 M215.5 M271.99 M490.3 M563.85 M608.36 M
Cash and Equivalents48.82 M38.51 M155.49 M222.19 M255.52 M275.69 M
Cash and Equivalents USD48.82 M38.51 M155.49 M222.19 M255.52 M275.69 M
Total Debt212.95 M312.06 M192.57 M182.55 M209.94 M212.83 M
Debt Current212.95 M312.06 M151.75 M38.1 M43.81 M44.97 M
Total Debt USD212.95 M312.06 M192.57 M182.55 M209.94 M212.83 M
Deposit Liabilities17.01 M24.3 M31.82 M100.66 M115.76 M124.9 M
Shareholders Equity353.09 M368.82 M455.4 M594.89 M684.13 M545.73 M
Shareholders Equity USD353.09 M368.82 M455.4 M594.89 M684.13 M545.73 M
Goodwill and Intangible Assets27.49 M64.08 M84.29 M201.12 M231.29 M249.55 M
Inventory377.07 M477.47 M298 M230.98 M265.63 M312.84 M
Total Liabilities287.45 M415.26 M319.92 M412.93 M474.87 M399.79 M
Current Liabilities286.01 M412.89 M272.53 M251.09 M288.76 M289.77 M
Liabilities Non Current1.43 M2.37 M47.39 M161.84 M186.11 M200.81 M
Trade and Non Trade Payables23.13 M33.67 M37.34 M25.74 M29.6 M26.2 M
Property Plant and Equipment Net138.72 M144.3 M179.93 M280.36 M322.42 M347.87 M
Trade and Non Trade Receivables34 M42.4 M40.2 M47.65 M54.8 M44.47 M
Accumulated Retained Earnings Deficit166.07 M202.46 M277.7 M432.68 M497.58 M536.86 M

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Is Marinemax's 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 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 YOY
0.22
Market Capitalization
918.2 M
Quarterly Revenue Growth YOY
0.033
Return On Assets
0.14
Return On Equity
0.29
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 Marinemax value 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.