Pinetree Capital Stock Retained Earnings
| PNP Stock | CAD 12.10 1.01 9.11% |
Pinetree Capital fundamentals help investors to digest information that contributes to Pinetree Capital's financial success or failures. It also enables traders to predict the movement of Pinetree Stock. The fundamental analysis module provides a way to measure Pinetree Capital's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Pinetree Capital stock.
| Last Reported | Projected for Next Year | ||
| Retained Earnings | -405.1 M | -384.8 M |
Pinetree | Retained Earnings |
Pinetree Capital Company Retained Earnings Analysis
Pinetree Capital's Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
More About Retained Earnings | All Equity Analysis
Retained Earnings | = | Beginning RE + Income | - | Dividends |
Current Pinetree Capital Retained Earnings | (405.09 M) |
Most of Pinetree Capital's fundamental indicators, such as Retained Earnings, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Pinetree Capital is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Pinetree Retained Earnings Driver Correlations
Understanding the fundamental principles of building solid financial models for Pinetree Capital is extremely important. It helps to project a fair market value of Pinetree Stock properly, considering its historical fundamentals such as Retained Earnings. Since Pinetree Capital's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Pinetree Capital's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Pinetree Capital's interrelated accounts and indicators.
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Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
| Competition |
Based on the latest financial disclosure, Pinetree Capital has a Retained Earnings of (405.09 Million). This is 102.66% lower than that of the Capital Markets sector and 100.69% lower than that of the Financials industry. The retained earnings for all Canada stocks is 104.34% higher than that of the company.
Pinetree Retained Earnings Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Pinetree Capital's direct or indirect competition against its Retained Earnings to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Pinetree Capital could also be used in its relative valuation, which is a method of valuing Pinetree Capital by comparing valuation metrics of similar companies.Pinetree Capital is currently under evaluation in retained earnings category among its peers.
Pinetree Fundamentals
| Return On Equity | 0.37 | |||
| Return On Asset | 0.23 | |||
| Profit Margin | 0.97 % | |||
| Operating Margin | 0.97 % | |||
| Current Valuation | 109.84 M | |||
| Shares Outstanding | 9.39 M | |||
| Shares Owned By Insiders | 43.35 % | |||
| Shares Owned By Institutions | 6.02 % | |||
| Number Of Shares Shorted | 4.38 K | |||
| Price To Earning | 5.20 X | |||
| Price To Book | 1.88 X | |||
| Price To Sales | 5.79 X | |||
| Revenue | 6.65 M | |||
| Gross Profit | 2.29 M | |||
| EBITDA | (107 K) | |||
| Net Income | 5.75 M | |||
| Cash And Equivalents | 6.04 M | |||
| Cash Per Share | 0.57 X | |||
| Total Debt | 198 K | |||
| Debt To Equity | 0.01 % | |||
| Current Ratio | 16.60 X | |||
| Book Value Per Share | 6.43 X | |||
| Cash Flow From Operations | (3.88 M) | |||
| Short Ratio | 0.74 X | |||
| Earnings Per Share | 2.01 X | |||
| Beta | 0.6 | |||
| Market Capitalization | 113.58 M | |||
| Total Asset | 45.75 M | |||
| Retained Earnings | (405.09 M) | |||
| Net Asset | 45.75 M |
About Pinetree Capital Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Pinetree Capital's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pinetree Capital using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pinetree Capital based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Pinetree Capital
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 Pinetree Capital 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 Pinetree Capital will appreciate offsetting losses from the drop in the long position's value.Moving together with Pinetree Stock
| 0.91 | RY-PS | Royal Bank Earnings Call This Week | PairCorr |
| 0.77 | RY | Royal Bank Earnings Call This Week | PairCorr |
| 0.88 | RY-PM | Royal Bank Earnings Call This Week | PairCorr |
| 0.82 | TD-PFI | Toronto Dominion Bank Earnings Call This Week | PairCorr |
Moving against Pinetree Stock
| 0.55 | TD | Toronto Dominion Bank Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Pinetree Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pinetree Capital 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 Pinetree Capital - 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 Pinetree Capital to buy it.
The correlation of Pinetree Capital 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 Pinetree Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pinetree Capital 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 Pinetree Capital 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 Pinetree Stock
Pinetree Capital financial ratios help investors to determine whether Pinetree 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 Pinetree with respect to the benefits of owning Pinetree Capital security.