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Year on year Marine Products Corp had relatively flat revenues (381.00m to 383.73m), though the company grew net income 3.34% from 40.35m to 41.70m.
Gross margin | 19.18% |
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Net profit margin | 7.32% |
Operating margin | 7.86% |
Return on assets | 10.19% |
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Return on equity | 12.85% |
Return on investment | 11.88% |
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Cash flow in USDView more
In 2023, Marine Products Corp increased its cash reserves by 66.67%, or 28.78m. The company earned 56.85m from its operations for a Cash Flow Margin of 14.81%. In addition the company used 7.87m on investing activities and also paid 20.19m in financing cash flows.
Cash flow per share | 0.6402 |
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Price/Cash flow per share | 15.70 |
Book value per share | 3.71 |
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Tangible book value per share | 3.60 |
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Balance sheet in USDView more
Current ratio | 4.69 |
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Quick ratio | 2.55 |
Total debt/total equity | 0.00 |
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Total debt/total capital | 0.00 |
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Growth rates in USD
Year on year, both dividends per share and earnings per share excluding extraordinary items growth increased 12.00% and 2.54%, respectively. The positive trend in dividend payments is noteworthy since only some companies in the Recreational Products industry pay a dividend. Additionally when measured on a five year annualized basis, both dividend per share and earnings per share growth ranked in-line with the industry average relative to its peers.
Div yield(5 year avg) | 3.88% |
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Div growth rate (5 year) | 6.96% |
Payout ratio (TTM) | 243.73% |
EPS growth(5 years) | 7.95 |
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EPS (TTM) vs TTM 1 year ago | -62.28 |
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