MRTN - Intrinsic Value and Financial Analysis - Marten Transport, Ltd.

Marten Transport, Ltd. MRTN

Industrials - Trucking - NASDAQ - US

Watchlist

$ 16.88

-2.14 %

$ 1.37 B

Market Cap

41.17

P/E

BALANCE SHEET

990 M ASSETS

Growth Rates

1Year 2.55%

3Years 5.99%

5Years 5.61%

7Years 6.11%

10Years 6.54%

233 M LIABILITIES

Growth Rates

1Year -11.01%

3Years 3.30%

5Years 5.53%

7Years 1.06%

10Years 3.41%

757 M EQUITY

Growth Rates

1Year 7.60%

3Years 6.88%

5Years 5.63%

7Years 8.16%

10Years 7.75%

BALANCE SHEET DECOMPOSITION

Balance Sheet Decomposition Marten Transport, Ltd.

990 M ASSETS
233 M LIABILITIES

Current Assets	197 M
Cash & Short-Term Investments	53.2 M
Receivables	118 M
Other Current Assets	25.4 M
Non-Current Assets	794 M
Long-Term Investments	0
PP&E	793 M
Other Non-Current Assets	1.01 M

Current Liabilities	110 M
Accounts Payable	36.5 M
Short-Term Debt	0
Other Current Liabilities	73.7 M
Non-Current Liabilities	123 M
Long-Term Debt	249 K
Other Non-Current Liabilities	122 M

Balance Sheet

Millions

	Dec-2023	Dec-2022	Dec-2021	Dec-2020	Dec-2019	Dec-2018	Dec-2017	Dec-2016	Dec-2015	Dec-2014	Dec-2013	Dec-2012	Dec-2011	Dec-2010	Dec-2009	Dec-2008	Dec-2007	Dec-2006	Dec-2005	Dec-2004	Dec-2003	Dec-2002	Dec-2001	Dec-2000	Dec-1999	Dec-1998	Dec-1997	Dec-1996	Dec-1995	Dec-1994	Dec-1993	Dec-1992	Dec-1991	Dec-1990	Dec-1989	Dec-1988	Dec-1987	Dec-1986
ASSETS
Cash & Cash Equivalents	53.2	80.6	57.0	66.1	31.5	56.8	15.8	0.5	0.4	0.1	13.7	3.5	20.8	5.3	5.4	2.4	3.6	3.0	1.1	2.8	0.5	0.1	2.0	0	0	1.1	2.1	3.0	3.3	3.1	5.3	5.9	6.6	9.2	2.3	3.5	2.5	1.1
Short Term Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0.1	0.1	2.6	0.3	0.3	0.5	62 K	19.2	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Receivables	118.0	123.4	101.2	89.2	92.4	84.9	81.0	73.6	81.5	90.0	75.0	73.4	62.8	64.1	49.8	57.5	57.7	54.5	54.4	47.5	41.9	37.2	31.8	33.5	27.7	19.8	18.9	19.4	17.5	16.5	15.2	11.4	8.3	8.2	9.2	7.6	6.9	5.5
Inventory	6.3	5.4	4.4	3.4	3.4	3.5	4.3	4.3	4.0	3.2	3.4	3.2	3.3	(64.1)	(49.8)	(57.5)	(57.7)	(54.5)	(54.4)	(44.6)	(41.4)	(37.2)	(31.8)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Current Assets	19.1	26.4	24.3	17.0	26.9	18.4	15.5	15.0	20.8	16.9	18.7	18.6	14.8	15.4	12.4	13.9	12.7	12.1	11.2	13.1	13.1	12.1	10.8	10.5	11.6	11.1	11.1	9.8	8.7	7.2	6.6	4.7	3.4	1.8	3.2	2.8	2.4	2.1
Total Current Assets	196.6	235.8	186.9	175.7	154.2	163.5	116.6	93.4	100.0	110.2	107.3	95.5	101.8	87.7	72.8	82.4	80.2	76.5	73.1	65.2	74.2	49.3	44.5	44.0	39.3	32.0	32.0	32.3	29.5	26.8	27.1	22.0	18.3	19.2	14.7	13.9	11.8	8.7
PP&E	792.8	728.2	682.3	654.2	640.4	588.2	571.9	557.8	528.0	465.7	415.0	394.5	368.2	372.1	341.5	314.3	325.2	329.9	269.9	215.7	169.8	159.8	161.7	166.4	145.7	123.8	112.7	105.9	93.6	78.7	69.6	59.2	50.1	44.0	46.1	46.3	42.3	26.9
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Goodwill	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Long Term Assets	1.0	(135.4)	(123.7)	(119.3)	(120.0)	(103.8)	(7.4)	(145.4)	(130.9)	0.5	28 K	(2.5)	(2.2)	(4.3)	(4.6)	(5.4)	(2.6)	(0.1)	2.9	1.3	2.5	2.5	0.7	1.7	0.9	1.0	0.6	0	0	0.1	100 K	0.2	0.2	0.2	0.2	100 K	100 K	0.9
Other Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Assets	990.3	965.7	870.7	831.6	796.6	753.9	690.4	653.7	631.5	579.7	525.8	490.6	470.6	460.3	414.8	397.4	407.4	410.8	349.7	288.1	249.6	216.0	210.3	212.1	185.9	156.7	145.3	138.1	123.1	105.6	96.8	81.4	68.6	63.4	61.0	60.3	54.2	36.5
LIABILITIES
Accounts Payable	36.5	37.3	20.1	25.7	22.9	15.7	16.5	14.4	12.0	17.1	19.4	16.1	17.9	17.8	16.3	15.8	14.7	12.7	7.6	4.6	3.7	4.9	5.4	13.5	6.3	3.7	4.5	3.8	3.2	3.1	2.6	1.9	1.9	2.1	1.5	0	0	0
Short Term Debt	0	0	0	0	0	0	0	0	0	0.7	0	0	0	19.3	1.4	1.4	5.0	5.8	6.4	7.8	5.0	3.6	3.6	1.7	5.7	8.9	21.6	20.1	17.9	15.0	15.2	11.2	10.3	11.0	11.6	9.6	8.0	3.6
Other Current Liabilities	73.7	87.0	73.4	64.1	53.4	56.3	47.8	46.3	37.9	26.4	30.5	26.8	28.5	31.4	36.5	40.3	35.2	40.9	31.7	25.9	26.0	23.7	18.2	8.8	20.8	18.6	20.2	20.8	19.2	15.7	13.0	11.7	8.7	7.9	7.2	5.9	5.3	3.7
Total Current Liabilities	110.2	124.3	93.6	89.8	76.3	72.0	64.3	60.7	49.9	44.5	53.0	46.9	46.4	68.6	54.2	57.5	54.8	59.4	45.8	38.4	34.7	32.2	27.2	24.0	32.8	31.2	46.3	44.7	40.3	33.8	30.8	24.8	20.9	21.0	20.3	15.5	13.3	7.3
Long Term Debt	0.2	0.4	0.3	0.4	0.6	0	0	7.9	37.9	24.4	0	2.7	0	0	71 K	1.4	39.6	53.7	43.3	25.3	22.9	60.1	71.5	88.2	63.6	47.2	30.7	33.5	27.1	24.9	21.1	20.5	17.7	14.6	14.8	17.3	14.6	6.5
Deferred Tax Income	122.5	137.0	125.2	121.1	122.0	106.0	100.6	147.9	134.4	122.8	113.6	109.1	103.8	95.8	85.6	81.0	74.7	75.8	66.3	56.5	47.5	44.6	39.2	34.0	29.9	25.0	22.6	19.9	17.5	13.8	10.1	7.7	5.1	4.8	4.7	5.1	5.5	4.2
Other Liabilities	0	137.0	125.2	121.1	122.0	0	0	0	134.4	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	100 K	0	100 K	100 K	100 K	100 K	100 K	100 K
Total Liabilities	233.0	261.8	219.0	211.3	199.0	177.9	164.9	216.4	222.1	191.7	166.7	158.7	150.2	164.4	139.9	140.0	169.2	188.9	155.4	120.2	105.1	136.8	137.9	146.2	126.3	103.4	99.6	98.1	84.9	72.5	62.1	53.0	43.8	40.5	39.9	37.8	33.3	18.1
EQUITY
Common Stock	0.8	0.8	0.8	0.8	0.5	0.5	0.5	0.3	0.3	0.3	0.3	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.1	0.1	42 K	42 K	42 K	43 K	45 K	45 K	30 K	29 K	29 K	0	0	0	0	0	0	0	0
Retained Earnings	706.8	655.9	565.1	534.4	517.6	498.6	448.5	362.8	332.6	300.2	273.7	246.5	237.9	215.3	196.5	180.2	162.1	147.2	122.7	97.7	80.1	68.4	62.4	55.9	49.6	43.3	35.7	30.4	28.8	23.8	23.8	17.5	14.1	12.1	10.3	11.7	10.1	7.6
Other Accumulative Comprehensive Income/Loss	0	0	0	0	0	(228.2)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	(0.3)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Equity	757.4	703.9	651.7	620.3	597.6	576.0	525.5	437.3	409.4	387.9	359.1	331.9	320.4	295.9	274.9	257.5	238.2	221.9	194.3	167.9	144.5	79.2	72.4	65.8	59.6	53.3	45.7	40.0	38.2	33.1	34.7	28.4	24.8	22.9	21.1	22.5	20.9	18.4
Total Liabilities and Equity	990.3	965.7	870.7	831.6	796.6	753.9	690.4	653.7	631.5	579.7	525.8	490.6	470.6	460.3	414.8	397.4	407.4	410.8	349.7	288.1	249.6	216.0	210.3	212.1	185.9	156.7	145.3	138.1	123.1	105.6	96.8	81.4	68.6	63.4	61.0	60.3	54.2	36.5
SHARES OUTSTANDING
Common Shares Outstanding	81.3	81.7	82.9	82.5	81.9	81.9	81.7	81.3	83.7	83.5	83.1	82.7	82.4	82.2	82.0	81.6	81.7	81.4	81.0	79.2	62.3	53.3	53.1	53.1	55.5	56.7	285.0	56.3	56.3	60.5	65.0	65.0	64.7	64.7	64.7	64.7	64.7	64.7

Balance Sheet

Premium Plan

Unlimited Plan