Marine Products (MPX) Financials

Marine Products Corp (MPX) is a leading manufacturer of fiberglass boats and related products. The company's income statement reflects its financial performance over a specific period. Gross profit is a key indicator of the company's profitability, representing the difference between total revenue and the cost of goods sold. MPX's gross profit reflects its ability to generate revenue from the sale of its boats and related products while covering production costs. EBIT (earnings before interest and taxes) measures the company's profitability before accounting for interest and tax expenses. It provides a clearer picture of MPX's core operating performance. EBITDA (earnings before interest, taxes, depreciation, and amortization) further adjusts EBIT by excluding non-cash expenses such as depreciation and amortization. This metric is often used to assess a company's cash flow potential and financial health.

Net income from stockholders reflects the profit generated for shareholders after all expenses, taxes, and other deductions have been accounted for. This figure is crucial for investors as it represents the return on their investment in MPX. Total revenue encompasses all sales and other income generated by the company. It provides an overview of MPX's overall performance. Moving on to the balance sheet, it provides a snapshot of MPX's financial position at a specific point in time. Cash equivalents represent highly liquid assets that can be easily converted into cash. They enable MPX to meet immediate financial obligations and fund its operations. Net debt is the company's total debt minus cash equivalents. It indicates MPX's ability to repay its obligations. Stockholders' equity is the residual interest in the company's assets after deducting liabilities.

Total assets represent the company's resources, including cash, property, inventory, and other tangible and intangible assets. Total debt represents the amount of money MPX owes to creditors and other lenders. It is an indicator of the company's borrowing activities and financial leverage. Total liabilities encompass all of MPX's obligations, including short-term and long-term debts, accounts payable, and other liabilities. Looking at cash flow, it reflects the movement of cash into and out of MPX. Operating cash flow represents the cash generated from the company's core operations. It should ideally be positive, indicating a healthy cash flow from its business activities. Financing cash flow reflects MPX's activities related to raising or repaying capital, including issuing or buying back shares and paying dividends.

Free cash flow is an important metric as it represents the cash generated after deducting capital expenditures necessary for maintaining or expanding the company's operations. Investing cash flow reflects MPX's activities related to acquiring or disposing of assets, such as property or equipment. This metric showcases the company's investment activities. In summary, Marine Products Corp (MPX) financials provide insights into the company's revenue, profitability, financial position, debt levels, and cash flow. Investors and analysts use these indicators to assess the company's performance and make informed decisions.