Mainstreet Historical Financial Ratios
MEQ Stock | CAD 203.51 2.51 1.25% |
Mainstreet Equity is lately reporting on over 91 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Days Sales Outstanding of 0.83 will help investors to properly organize and evaluate Mainstreet Equity Corp financial condition quickly.
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About Mainstreet Financial Ratios Analysis
Mainstreet Equity CorpFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Mainstreet Equity investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Mainstreet financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Mainstreet Equity history.
Mainstreet Equity Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Mainstreet Equity Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Mainstreet Equity sales, a figure that is much harder to manipulate than other Mainstreet Equity Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Average Inventory
The average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels.Most ratios from Mainstreet Equity's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Mainstreet Equity Corp current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mainstreet Equity Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Mainstreet Equity's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 24th of November 2024, POCF Ratio is likely to grow to 73.74, while Days Sales Outstanding is likely to drop 0.83.
2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 3.13 | 2.85 | 0.87 | 0.83 | PTB Ratio | 0.82 | 0.94 | 17.85 | 18.75 |
Mainstreet Equity fundamentals Correlations
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Mainstreet Equity Account Relationship Matchups
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Mainstreet Equity fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Price To Sales Ratio | 4.5 | 6.09 | 5.48 | 5.9 | 18.77 | 19.71 | |
Ptb Ratio | 0.78 | 0.89 | 0.82 | 0.94 | 17.85 | 18.75 | |
Days Sales Outstanding | 3.19 | 2.73 | 3.13 | 2.85 | 0.87 | 0.83 | |
Book Value Per Share | 92.56 | 116.88 | 129.61 | 141.54 | 0.2 | 0.19 | |
Free Cash Flow Yield | 0.0507 | 0.0356 | 0.0524 | 0.0566 | 0.0142 | 0.015 | |
Operating Cash Flow Per Share | 3.78 | 3.81 | 5.64 | 7.59 | 0.0513 | 0.0487 | |
Capex To Depreciation | 1.5 | 0.98 | 0.84 | 0.59 | 0.68 | 0.64 | |
Pb Ratio | 0.78 | 0.89 | 0.82 | 0.94 | 17.85 | 18.75 | |
Ev To Sales | 12.12 | 14.46 | 13.18 | 12.97 | 17.9 | 18.8 | |
Roic | 0.0388 | 0.0348 | 0.0349 | 0.0361 | 0.21 | 0.22 | |
Inventory Turnover | 57.08 | 2.57 | 4.94 | 5.7 | 6.56 | 6.23 | |
Net Income Per Share | 7.32 | 24.13 | 12.9 | 11.74 | 0.001 | 9.5E-4 | |
Days Of Inventory On Hand | 6.39 | 142.24 | 73.95 | 64.02 | 73.63 | 69.94 | |
Payables Turnover | 6.76 | 8.29 | 8.51 | 8.38 | 7.54 | 4.69 | |
Sales General And Administrative To Revenue | 0.0833 | 0.0765 | 0.0827 | 0.082 | 0.0943 | 0.11 | |
Capex To Revenue | 0.008747 | 0.005521 | 0.004253 | 0.002795 | 0.003214 | 0.003053 | |
Cash Per Share | 0.007647 | 4.11 | 2.06 | 4.77 | 8.77 | 0.16 | |
Pocfratio | 18.99 | 27.36 | 18.8 | 17.52 | 70.23 | 73.74 | |
Interest Coverage | 2.82 | 2.92 | 3.0 | 3.21 | 1.02 | 1.42 | |
Capex To Operating Cash Flow | 0.037 | 0.0248 | 0.0146 | 0.008296 | 0.00954 | 0.009063 | |
Pfcf Ratio | 19.72 | 28.06 | 19.07 | 17.67 | 70.23 | 73.74 | |
Days Payables Outstanding | 54.01 | 44.05 | 42.87 | 43.56 | 50.09 | 76.4 | |
Roe | 0.0791 | 0.21 | 0.0996 | 0.0829 | 0.00496 | 0.004712 | |
Ev To Operating Cash Flow | 51.18 | 64.93 | 45.16 | 38.49 | 66.99 | 106.4 | |
Pe Ratio | 9.82 | 4.32 | 8.22 | 11.33 | 13.03 | 13.68 | |
Return On Tangible Assets | 0.0306 | 0.0844 | 0.0417 | 0.0346 | 7.43E-4 | 7.05E-4 | |
Ev To Free Cash Flow | 53.14 | 66.58 | 45.83 | 38.81 | 66.99 | 70.34 | |
Intangibles To Total Assets | 6.25E-4 | 4.46E-4 | 3.56E-4 | 3.0E-4 | 2.7E-4 | 2.82E-4 | |
Net Debt To E B I T D A | 14.16 | 15.63 | 14.66 | 13.01 | (1.7) | (1.61) | |
Current Ratio | 0.0441 | 0.41 | 0.52 | 0.64 | 3.99 | 4.19 | |
Tangible Book Value Per Share | 92.42 | 116.75 | 129.5 | 141.44 | 0.2 | 0.19 | |
Receivables Turnover | 114.5 | 133.83 | 116.72 | 128.07 | 420.05 | 441.05 | |
Graham Number | 123.46 | 251.93 | 193.98 | 193.35 | 0.0674 | 0.064 | |
Shareholders Equity Per Share | 92.56 | 116.88 | 129.61 | 141.54 | 0.2 | 0.19 | |
Capex Per Share | 0.14 | 0.0945 | 0.0822 | 0.063 | 0.0724 | 0.0688 |
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.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.Other Information on Investing in Mainstreet Stock
Mainstreet Equity CorpFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Mainstreet Equity investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Mainstreet financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Mainstreet Equity history.