MINT Operating Income from 2010 to 2026
| MID-UN Stock | CAD 8.00 0.04 0.50% |
Operating Income | First Reported 2013-03-31 | Previous Quarter 13 M | Current Value -3.3 M | Quarterly Volatility 14.6 M |
Check MINT Income financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MINT Income's main balance sheet or income statement drivers, such as Interest Expense of 1.2 M, Total Revenue of 21.8 M or Gross Profit of 21.8 M, as well as many indicators such as Price To Sales Ratio of 7.11, Dividend Yield of 0.1 or PTB Ratio of 1.29. MINT financial statements analysis is a perfect complement when working with MINT Income Valuation or Volatility modules.
MINT | Operating Income |
Latest MINT Income's Operating Income Growth Pattern
Below is the plot of the Operating Income of MINT Income Fund over the last few years. Operating Income is the amount of profit realized from MINT Income Fund operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of MINT Income Fund is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. MINT Income's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MINT Income's overall financial position and show how it may be relating to other accounts over time.
| Operating Income | 10 Years Trend |
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Operating Income |
| Timeline |
MINT Operating Income Regression Statistics
| Arithmetic Mean | 8,398,433 | |
| Geometric Mean | 11,804,881 | |
| Coefficient Of Variation | 181.18 | |
| Mean Deviation | 12,008,147 | |
| Median | 8,059,535 | |
| Standard Deviation | 15,216,016 | |
| Sample Variance | 231.5T | |
| Range | 48.4M | |
| R-Value | 0.37 | |
| Mean Square Error | 212.7T | |
| R-Squared | 0.14 | |
| Significance | 0.14 | |
| Slope | 1,122,743 | |
| Total Sum of Squares | 3704.4T |
MINT Operating Income History
About MINT Income Financial Statements
MINT Income stakeholders use historical fundamental indicators, such as MINT Income's Operating Income, to determine how well the company is positioned to perform in the future. Although MINT Income investors may analyze each financial statement separately, they are all interrelated. For example, changes in MINT Income's assets and liabilities are reflected in the revenues and expenses on MINT Income's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in MINT Income Fund. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Operating Income | 25.2 M | 26.4 M |
Pair Trading with MINT Income
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 MINT Income 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 MINT Income will appreciate offsetting losses from the drop in the long position's value.Moving against MINT Stock
| 0.64 | DII-A | Dorel Industries ClA | PairCorr |
| 0.62 | RCI-A | Rogers Communications Earnings Call This Week | PairCorr |
| 0.59 | ORC-A | Orca Energy Group | PairCorr |
| 0.34 | ACU | Aurora Solar Technologies | PairCorr |
The ability to find closely correlated positions to MINT Income could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MINT Income 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 MINT Income - 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 MINT Income Fund to buy it.
The correlation of MINT Income 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 MINT Income moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MINT Income Fund 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 MINT Income 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.Other Information on Investing in MINT Stock
MINT Income financial ratios help investors to determine whether MINT 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 MINT with respect to the benefits of owning MINT Income security.