Mainstreet Financial Statements From 2010 to 2024

MEQ Stock  CAD 201.00  0.85  0.42%   
Mainstreet Equity financial statements provide useful quarterly and yearly information to potential Mainstreet Equity 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 Mainstreet Equity financial statements helps investors assess Mainstreet Equity's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Mainstreet Equity's valuation are summarized below:
Gross Profit
109.7 M
Profit Margin
0.5274
Market Capitalization
1.9 B
Enterprise Value Revenue
14.6218
Revenue
238.6 M
We have found one hundred twenty available fundamental ratios for Mainstreet Equity, which can be analyzed and compared to other ratios and to its peers in the industry. Self-guided Investors are advised to check Mainstreet Equity's last-minute fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 21st of November 2024, Market Cap is likely to grow to about 920.7 M. Also, Enterprise Value is likely to grow to about 2.2 B

Mainstreet Equity Total Revenue

253.61 Million

Check Mainstreet Equity financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mainstreet Equity's main balance sheet or income statement drivers, such as Depreciation And Amortization of 117.1 M, Interest Expense of 49.5 M or Selling General Administrative of 20.8 M, as well as many indicators such as Price To Sales Ratio of 19.71, Dividend Yield of 0.0 or PTB Ratio of 18.75. Mainstreet financial statements analysis is a perfect complement when working with Mainstreet Equity Valuation or Volatility modules.
  
This module can also supplement various Mainstreet Equity Technical models . Check out the analysis of Mainstreet Equity Correlation against competitors.

Mainstreet Equity Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets3.8 B3.6 BB
Slightly volatile
Other Current Liabilities5.7 M8.1 M8.8 M
Slightly volatile
Total Current Liabilities199.2 M189.7 M117.4 M
Slightly volatile
Total Stockholder Equity1.6 B1.5 B835.3 M
Slightly volatile
Property Plant And Equipment NetM6.3 M6.1 M
Very volatile
Retained Earnings1.6 B1.5 B808.6 M
Slightly volatile
Accounts Payable11.3 M10.8 MM
Slightly volatile
Cash98.7 M94 M27.4 M
Slightly volatile
Non Current Assets Total3.7 B3.5 BB
Slightly volatile
Non Currrent Assets Other3.7 B3.5 BB
Slightly volatile
Cash And Short Term Investments98.7 M94 M27.4 M
Slightly volatile
Net Receivables1.6 M1.9 M1.6 M
Pretty Stable
Common Stock Shares Outstanding11.1 M10.7 M10.1 M
Pretty Stable
Liabilities And Stockholders Equity3.8 B3.6 BB
Slightly volatile
Non Current Liabilities TotalB1.9 B1.1 B
Slightly volatile
Total Liabilities2.2 B2.1 B1.2 B
Slightly volatile
Property Plant And Equipment Gross10.9 M11.5 M7.8 M
Slightly volatile
Total Current Assets127.2 M121.2 M46.5 M
Slightly volatile
Other Current Assets9.8 M9.4 M5.4 M
Slightly volatile
Short and Long Term Debt Total1.9 B1.8 BB
Slightly volatile
Short Term Debt91.4 M169.1 M94.6 M
Slightly volatile
Common Stock Total Equity21.2 M23.9 M26 M
Slightly volatile
Common Stock21.2 M23.8 M26 M
Slightly volatile
Current Deferred Revenue1.6 M1.7 M4.3 M
Very volatile
Other Liabilities174.2 M268.6 M159.7 M
Slightly volatile
Net Tangible Assets875.4 M1.4 B821.8 M
Slightly volatile
Other Assets3.2 BB935.7 M
Slightly volatile
Long Term DebtB1.6 B913.9 M
Slightly volatile
Short and Long Term Debt96.8 M169.1 M88.6 M
Slightly volatile
Property Plant Equipment1.9 B3.2 B1.8 B
Slightly volatile
Intangible Assets870.1 K1.1 M677.9 K
Slightly volatile
Long Term Debt Total1.1 B1.5 B950.4 M
Slightly volatile
Net Invested Capital2.4 B3.3 BB
Slightly volatile
Capital Stock28.7 M30.4 M25.7 M
Slightly volatile
Good Will0.80.90.98
Slightly volatile

Mainstreet Equity Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization117.1 M111.5 M60.1 M
Slightly volatile
Interest Expense49.5 M47.1 M30 M
Slightly volatile
Selling General Administrative20.8 M19.8 M11.6 M
Slightly volatile
Total Revenue253.6 M241.5 M132.8 M
Slightly volatile
Gross Profit158.6 M151 M83.6 M
Slightly volatile
Other Operating Expenses117.1 M111.5 M61.3 M
Slightly volatile
Operating Income158.6 M151 M83.6 M
Slightly volatile
EBITDA132.7 M126.3 M69 M
Slightly volatile
Total Operating Expenses11.8 M21 M11.5 M
Slightly volatile
Income Before Tax166.5 M158.6 M102.5 M
Slightly volatile
Net Income132.1 M125.8 M84.8 M
Slightly volatile
Income Tax Expense34.4 M32.7 M18.2 M
Slightly volatile
Cost Of Revenue95.1 M90.5 M49.3 M
Slightly volatile
Net Income From Continuing Ops98.5 M125.8 M88 M
Slightly volatile
Net Income Applicable To Common Shares96 M138.6 M89.4 M
Slightly volatile
Tax Provision20.3 M32.7 M20.3 M
Pretty Stable
Interest Income2.7 M2.8 M52.8 M
Very volatile
Research Development0.560.5937 K
Very volatile
Reconciled Depreciation795.9 K1.1 M632.6 K
Slightly volatile

Mainstreet Equity Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow84.7 M80.7 M38.9 M
Slightly volatile
Other Cashflows From Financing Activities295.7 M281.6 M165 M
Slightly volatile
Depreciation850.7 K895.5 K578.3 K
Slightly volatile
Total Cash From Operating Activities85.4 M81.4 M39.7 M
Slightly volatile
Net Income132.1 M125.8 M84.8 M
Slightly volatile
Total Cash From Financing Activities151 M143.8 M78.3 M
Slightly volatile
End Period Cash Flow98.7 M94 M27.4 M
Slightly volatile
Begin Period Cash Flow53.8 M51.2 M16.2 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio19.7118.7696.4887
Slightly volatile
PTB Ratio18.7517.85463.7931
Slightly volatile
Days Sales Outstanding0.830.86896.4784
Slightly volatile
Book Value Per Share0.190.201665.8375
Pretty Stable
Free Cash Flow Yield0.0150.01420.0612
Slightly volatile
Operating Cash Flow Per Share0.04870.05133.0205
Pretty Stable
Stock Based Compensation To Revenue0.00180.00190.0079
Slightly volatile
Capex To Depreciation0.640.682.0862
Slightly volatile
PB Ratio18.7517.85463.7931
Slightly volatile
EV To Sales18.817.90512.3619
Slightly volatile
Free Cash Flow Per Share0.04870.05132.9475
Pretty Stable
ROIC0.220.2130.0789
Very volatile
Inventory Turnover6.236.5640.8351
Pretty Stable
Net Income Per Share0.0010.0017.0838
Pretty Stable
Days Of Inventory On Hand69.9473.63206
Slightly volatile
Payables Turnover4.697.546.4531
Slightly volatile
Sales General And Administrative To Revenue0.110.09430.098
Slightly volatile
Capex To Revenue0.00310.00320.0597
Slightly volatile
Cash Per Share0.160.16571.7709
Slightly volatile
POCF Ratio73.7470.22723.0649
Slightly volatile
Interest Coverage1.421.02382.4491
Pretty Stable
Capex To Operating Cash Flow0.00910.00950.1966
Slightly volatile
PFCF Ratio73.7470.22723.3919
Slightly volatile
Days Payables Outstanding76.450.0960.3556
Slightly volatile
Income Quality53.8351.26237.7934
Slightly volatile
ROE0.00470.0050.099
Slightly volatile
EV To Operating Cash Flow10666.994346.467
Slightly volatile
PE Ratio13.6813.0312.0734
Slightly volatile
Return On Tangible Assets7.0E-47.0E-40.0361
Pretty Stable
EV To Free Cash Flow70.3466.994344.9638
Slightly volatile
Earnings Yield3.0E-43.0E-40.1254
Slightly volatile
Intangibles To Total Assets3.0E-43.0E-43.0E-4
Slightly volatile
Current Ratio4.193.98710.961
Slightly volatile
Tangible Book Value Per Share0.190.201665.7866
Pretty Stable
Receivables Turnover441420127
Slightly volatile
Graham Number0.0640.0674100
Pretty Stable
Shareholders Equity Per Share0.190.201665.8375
Pretty Stable
Debt To Equity0.981.362.1904
Slightly volatile
Capex Per Share0.06880.07240.1626
Slightly volatile
Revenue Per Share0.180.191810.5209
Pretty Stable
Interest Debt Per Share0.07190.075782.9081
Slightly volatile
Debt To Assets0.810.570.5507
Very volatile
Enterprise Value Over EBITDA18.3635.175425.4591
Pretty Stable
Short Term Coverage Ratios0.530.551.5674
Slightly volatile
Price Earnings Ratio13.6813.0312.0734
Slightly volatile
Operating Cycle14076.9140
Slightly volatile
Price Book Value Ratio18.7517.85463.7931
Slightly volatile
Days Of Payables Outstanding76.450.0960.3556
Slightly volatile
Price To Operating Cash Flows Ratio73.7470.22723.0649
Slightly volatile
Price To Free Cash Flows Ratio73.7470.22723.3919
Slightly volatile
Pretax Profit Margin0.00890.00940.6645
Pretty Stable
Ebt Per Ebit0.02210.02331.0716
Pretty Stable
Operating Profit Margin0.380.40430.5798
Pretty Stable
Effective Tax Rate0.250.44620.2206
Very volatile
Company Equity Multiplier3.846.67943.529
Pretty Stable
Long Term Debt To Capitalization0.80.60.5695
Very volatile
Total Debt To Capitalization0.830.620.5971
Very volatile
Return On Capital Employed0.04960.05940.0453
Pretty Stable
Debt Equity Ratio0.981.362.1904
Slightly volatile
Ebit Per Revenue0.380.40430.5798
Pretty Stable
Quick Ratio4.193.98710.8891
Slightly volatile
Dividend Paid And Capex Coverage Ratio11410855.7504
Slightly volatile
Net Income Per E B T0.60.55380.7768
Pretty Stable
Cash Ratio4.173.97620.7942
Slightly volatile
Operating Cash Flow Sales Ratio0.190.26730.2926
Slightly volatile
Days Of Inventory Outstanding69.9473.63206
Slightly volatile
Days Of Sales Outstanding0.830.86896.4784
Slightly volatile
Cash Flow Coverage Ratios0.03760.0520.0399
Pretty Stable
Price To Book Ratio18.7517.85463.7931
Slightly volatile
Fixed Asset Turnover0.160.164817.1445
Very volatile
Capital Expenditure Coverage Ratio11410855.7504
Slightly volatile
Price Cash Flow Ratio73.7470.22723.0649
Slightly volatile
Enterprise Value Multiple18.3635.175425.4591
Pretty Stable
Debt Ratio0.810.570.5507
Very volatile
Cash Flow To Debt Ratio0.03760.0520.0399
Pretty Stable
Price Sales Ratio19.7118.7696.4887
Slightly volatile
Return On Assets7.0E-47.0E-40.0361
Pretty Stable
Asset Turnover0.110.14240.0768
Pretty Stable
Net Profit Margin0.0050.00520.5522
Pretty Stable
Gross Profit Margin0.50.560.6296
Slightly volatile
Price Fair Value18.7517.85463.7931
Slightly volatile
Return On Equity0.00470.0050.099
Slightly volatile

Mainstreet Equity Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap920.7 M876.8 M566.6 M
Slightly volatile
Enterprise Value2.2 B2.1 B1.5 B
Slightly volatile

Mainstreet Fundamental Market Drivers

Forward Price Earnings24.6914
Cash And Short Term Investments81.8 M

About Mainstreet Equity Financial Statements

Mainstreet Equity investors utilize fundamental indicators, such as revenue or net income, to predict how Mainstreet Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue1.7 M1.6 M
Total Revenue241.5 M253.6 M
Cost Of Revenue90.5 M95.1 M
Sales General And Administrative To Revenue 0.09  0.11 
Revenue Per Share 0.19  0.18 
Ebit Per Revenue 0.40  0.38 

Pair Trading with Mainstreet Equity

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Mainstreet Equity position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Mainstreet Equity will appreciate offsetting losses from the drop in the long position's value.

Moving together with Mainstreet Stock

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Moving against Mainstreet Stock

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The ability to find closely correlated positions to Mainstreet Equity could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mainstreet Equity when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Mainstreet Equity - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Mainstreet Equity Corp to buy it.
The correlation of Mainstreet Equity is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Mainstreet Equity moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mainstreet Equity Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Mainstreet Equity can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Mainstreet Stock

Mainstreet Equity financial ratios help investors to determine whether Mainstreet Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mainstreet with respect to the benefits of owning Mainstreet Equity security.