Mainstreet Non Current Liabilities Total vs Net Debt Analysis

MEQ Stock

CAD 203.51 2.51 1.25%

Mainstreet Equity financial indicator trend analysis is infinitely more than just investigating Mainstreet Equity Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mainstreet Equity Corp is a good investment. Please check the relationship between Mainstreet Equity Non Current Liabilities Total and its Net Debt accounts. 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.

Non Current Liabilities Total vs Net Debt

Non Current Liabilities Total vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mainstreet Equity Corp Non Current Liabilities Total account and Net Debt. At this time, the significance of the direction appears to have totally related.

The correlation between Mainstreet Equity's Non Current Liabilities Total and Net Debt is 1.0. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Net Debt in the same time period over historical financial statements of Mainstreet Equity Corp, assuming nothing else is changed. The correlation between historical values of Mainstreet Equity's Non Current Liabilities Total and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Mainstreet Equity Corp are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Non Current Liabilities Total i.e., Mainstreet Equity's Non Current Liabilities Total and Net Debt go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Non Current Liabilities Total

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Mainstreet Equity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 Selling General Administrative is very stable compared to the past year. As of the 25th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.11, while Discontinued Operations is likely to drop (185.2 K).

	2021	2022	2023	2024 (projected)
Interest Expense	36.6M	41.0M	47.1M	49.5M
Depreciation And Amortization	86.8M	96.9M	111.5M	117.1M

Interest Expense Depreciation And Amortization

Mainstreet Equity fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Inventory	Other Current Assets	Short Long Term Debt Total	Short Term Debt	Common Stock Total Equity	Common Stock	Current Deferred Revenue
Total Assets		-0.16	0.64	1.0	-0.04	1.0	1.0	0.9	0.86	1.0	1.0	0.86	0.18	-0.06	1.0	-0.65	1.0	0.61	0.8	-0.03	0.98	1.0	0.55	-0.5	-0.51	-0.14
Other Current Liab	-0.16		0.35	-0.16	-0.37	-0.17	-0.17	-0.1	-0.13	-0.18	-0.18	-0.13	-0.07	0.39	-0.21	0.29	-0.16	-0.27	0.27	0.94	-0.15	-0.18	0.23	0.37	0.37	-0.21
Total Current Liabilities	0.64	0.35		0.65	-0.28	0.64	0.64	0.74	0.53	0.64	0.64	0.53	0.27	0.37	0.58	-0.14	0.64	0.23	0.67	0.37	0.7	0.63	0.9	-0.03	-0.03	-0.35
Total Stockholder Equity	1.0	-0.16	0.65		-0.05	0.99	1.0	0.9	0.87	1.0	1.0	0.87	0.16	-0.02	0.99	-0.62	0.99	0.62	0.81	-0.02	0.98	0.99	0.54	-0.48	-0.49	-0.17
Property Plant And Equipment Net	-0.04	-0.37	-0.28	-0.05		-0.04	-0.03	-0.27	0.19	-0.04	-0.04	0.19	-0.34	-0.62	-0.01	-0.16	-0.03	0.69	0.04	-0.22	-0.15	0.0	-0.22	-0.19	-0.2	-0.05
Net Debt	1.0	-0.17	0.64	0.99	-0.04		0.99	0.9	0.83	1.0	1.0	0.83	0.2	-0.11	1.0	-0.69	1.0	0.59	0.76	-0.04	0.96	1.0	0.55	-0.5	-0.51	-0.09
Retained Earnings	1.0	-0.17	0.64	1.0	-0.03	0.99		0.89	0.88	1.0	1.0	0.88	0.16	-0.03	0.99	-0.63	0.99	0.63	0.81	-0.02	0.98	0.99	0.54	-0.49	-0.5	-0.17
Accounts Payable	0.9	-0.1	0.74	0.9	-0.27	0.9	0.89		0.74	0.9	0.9	0.74	0.36	0.14	0.88	-0.47	0.9	0.36	0.69	-0.04	0.91	0.89	0.66	-0.34	-0.34	-0.18
Cash	0.86	-0.13	0.53	0.87	0.19	0.83	0.88	0.74		0.86	0.85	1.0	0.04	0.01	0.86	-0.35	0.86	0.71	0.91	-0.01	0.86	0.86	0.38	-0.56	-0.57	-0.5
Non Current Assets Total	1.0	-0.18	0.64	1.0	-0.04	1.0	1.0	0.9	0.86		1.0	0.86	0.18	-0.07	1.0	-0.66	1.0	0.61	0.78	-0.04	0.98	1.0	0.54	-0.5	-0.51	-0.12
Non Currrent Assets Other	1.0	-0.18	0.64	1.0	-0.04	1.0	1.0	0.9	0.85	1.0		0.85	0.18	-0.07	1.0	-0.66	1.0	0.61	0.78	-0.04	0.98	1.0	0.54	-0.5	-0.51	-0.12
Cash And Short Term Investments	0.86	-0.13	0.53	0.87	0.19	0.83	0.88	0.74	1.0	0.86	0.85		0.04	0.01	0.86	-0.35	0.86	0.71	0.91	-0.01	0.86	0.86	0.38	-0.56	-0.57	-0.5
Net Receivables	0.18	-0.07	0.27	0.16	-0.34	0.2	0.16	0.36	0.04	0.18	0.18	0.04		0.08	0.17	-0.25	0.19	-0.15	0.02	-0.12	0.23	0.18	0.31	-0.25	-0.25	-0.05
Common Stock Shares Outstanding	-0.06	0.39	0.37	-0.02	-0.62	-0.11	-0.03	0.14	0.01	-0.07	-0.07	0.01	0.08		-0.14	0.63	-0.09	-0.4	0.16	0.31	0.1	-0.12	0.18	0.16	0.16	-0.46
Non Current Liabilities Total	1.0	-0.21	0.58	0.99	-0.01	1.0	0.99	0.88	0.86	1.0	1.0	0.86	0.17	-0.14		-0.69	1.0	0.62	0.77	-0.07	0.96	1.0	0.49	-0.54	-0.55	-0.1
Other Stockholder Equity	-0.65	0.29	-0.14	-0.62	-0.16	-0.69	-0.63	-0.47	-0.35	-0.66	-0.66	-0.35	-0.25	0.63	-0.69		-0.66	-0.52	-0.27	0.15	-0.52	-0.67	-0.2	0.42	0.42	-0.46
Total Liab	1.0	-0.16	0.64	0.99	-0.03	1.0	0.99	0.9	0.86	1.0	1.0	0.86	0.19	-0.09	1.0	-0.66		0.61	0.79	-0.03	0.97	1.0	0.55	-0.51	-0.52	-0.13
Property Plant And Equipment Gross	0.61	-0.27	0.23	0.62	0.69	0.59	0.63	0.36	0.71	0.61	0.61	0.71	-0.15	-0.4	0.62	-0.52	0.61		0.63	-0.01	0.52	0.63	0.2	-0.36	-0.37	-0.2
Total Current Assets	0.8	0.27	0.67	0.81	0.04	0.76	0.81	0.69	0.91	0.78	0.78	0.91	0.02	0.16	0.77	-0.27	0.79	0.63		0.4	0.79	0.79	0.47	-0.39	-0.4	-0.54
Inventory	-0.03	0.94	0.37	-0.02	-0.22	-0.04	-0.02	-0.04	-0.01	-0.04	-0.04	-0.01	-0.12	0.31	-0.07	0.15	-0.03	-0.01	0.4		-0.05	-0.05	0.25	0.35	0.34	-0.2
Other Current Assets	0.98	-0.15	0.7	0.98	-0.15	0.96	0.98	0.91	0.86	0.98	0.98	0.86	0.23	0.1	0.96	-0.52	0.97	0.52	0.79	-0.05		0.96	0.59	-0.49	-0.5	-0.26
Short Long Term Debt Total	1.0	-0.18	0.63	0.99	0.0	1.0	0.99	0.89	0.86	1.0	1.0	0.86	0.18	-0.12	1.0	-0.67	1.0	0.63	0.79	-0.05	0.96		0.53	-0.52	-0.53	-0.13
Short Term Debt	0.55	0.23	0.9	0.54	-0.22	0.55	0.54	0.66	0.38	0.54	0.54	0.38	0.31	0.18	0.49	-0.2	0.55	0.2	0.47	0.25	0.59	0.53		0.19	0.18	-0.17
Common Stock Total Equity	-0.5	0.37	-0.03	-0.48	-0.19	-0.5	-0.49	-0.34	-0.56	-0.5	-0.5	-0.56	-0.25	0.16	-0.54	0.42	-0.51	-0.36	-0.39	0.35	-0.49	-0.52	0.19		1.0	0.26
Common Stock	-0.51	0.37	-0.03	-0.49	-0.2	-0.51	-0.5	-0.34	-0.57	-0.51	-0.51	-0.57	-0.25	0.16	-0.55	0.42	-0.52	-0.37	-0.4	0.34	-0.5	-0.53	0.18	1.0		0.26
Current Deferred Revenue	-0.14	-0.21	-0.35	-0.17	-0.05	-0.09	-0.17	-0.18	-0.5	-0.12	-0.12	-0.5	-0.05	-0.46	-0.1	-0.46	-0.13	-0.2	-0.54	-0.2	-0.26	-0.13	-0.17	0.26	0.26

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Mainstreet Equity Account Relationship Matchups

Mainstreet Equity fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.2B	2.7B	2.9B	3.2B	3.6B	3.8B
Other Current Liab	5.7M	6.7M	7.4M	7.0M	8.1M	5.7M
Total Current Liabilities	111.3M	96.6M	128.1M	164.9M	189.7M	199.2M
Total Stockholder Equity	867.1M	1.1B	1.2B	1.3B	1.5B	1.6B
Property Plant And Equipment Net	6.6M	6.8M	7.3M	7.0M	6.3M	6.0M
Net Debt	1.1B	1.3B	1.4B	1.5B	1.7B	1.8B
Retained Earnings	840.6M	1.1B	1.2B	1.3B	1.5B	1.6B
Accounts Payable	8.4M	7.5M	8.3M	9.4M	10.8M	11.3M
Cash	38.5M	19.2M	44.6M	81.8M	94.0M	98.7M
Non Current Assets Total	2.2B	2.6B	2.8B	3.1B	3.5B	3.7B
Non Currrent Assets Other	2.2B	2.6B	2.8B	3.1B	3.5B	3.7B
Cash And Short Term Investments	38.5M	19.2M	44.6M	81.8M	94.0M	98.7M
Net Receivables	1.4M	1.2M	1.5M	1.6M	1.9M	1.6M
Common Stock Shares Outstanding	9.4M	9.3M	9.3M	9.3M	10.7M	11.1M
Liabilities And Stockholders Equity	2.2B	2.7B	2.9B	3.2B	3.6B	3.8B
Non Current Liabilities Total	1.3B	1.5B	1.6B	1.7B	1.9B	2.0B
Other Stockholder Equity	(840.6M)	(2.2B)	(2.4B)	(1.3B)	(1.2B)	(1.1B)
Total Liab	1.4B	1.6B	1.7B	1.8B	2.1B	2.2B
Property Plant And Equipment Gross	6.6M	11.5M	12.6M	12.8M	11.5M	10.9M
Total Current Assets	46.1M	50.5M	67.2M	105.4M	121.2M	127.2M
Inventory	994K	24.2M	14.4M	13.8M	12.4M	9.1M
Other Current Assets	5.2M	5.8M	6.7M	8.1M	9.4M	9.8M
Short Long Term Debt Total	1.2B	1.4B	1.4B	1.6B	1.8B	1.9B
Short Term Debt	97.1M	82.4M	112.4M	147.0M	169.1M	91.4M
Common Stock	26.5M	26.5M	26.4M	26.4M	23.8M	21.2M
Current Deferred Revenue	5.7M	6.7M	7.4M	1.5M	1.7M	1.6M
Other Liab	165.9M	177.6M	210.9M	233.6M	268.6M	174.2M
Net Tangible Assets	799.2M	865.7M	1.1B	1.2B	1.4B	875.4M
Long Term Debt	1.1B	1.3B	1.3B	1.4B	1.6B	1.0B
Short Long Term Debt	97.1M	82.4M	112.4M	147.0M	169.1M	96.8M
Property Plant Equipment	2.0B	2.2B	2.6B	2.8B	3.2B	1.9B
Intangible Assets	1.4M	1.2M	1.0M	949K	1.1M	870.1K
Long Term Debt Total	898.6M	1.1B	1.3B	1.3B	1.5B	1.1B
Net Invested Capital	2.0B	2.4B	2.6B	2.9B	3.3B	2.4B
Net Working Capital	(65.1M)	(46.1M)	(60.9M)	(59.6M)	(53.6M)	(56.3M)
Capital Stock	26.5M	26.5M	26.4M	26.4M	30.4M	28.7M

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.

Pair Correlation Correlation Matching

Other Information on Investing in Mainstreet Stock

Balance Sheet is a snapshot of the financial position of Mainstreet Equity Corp at a specified time, usually calculated after every quarter, six months, or one year. Mainstreet Equity Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Mainstreet Equity and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Mainstreet currently owns. An asset can also be divided into two categories, current and non-current.

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Mainstreet Non Current Liabilities Total vs Net Debt Analysis

Non Current Liabilities Total vs Net Debt

Non Current Liabilities Total vs Net Debt Correlation Analysis

Correlation Coefficient

Non Current Liabilities Total

Net Debt

Mainstreet Equity fundamental ratios Correlations

Mainstreet Equity Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Mainstreet Equity fundamental ratios Accounts

Pair Trading with Mainstreet Equity

Other Information on Investing in Mainstreet Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Debt	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Currrent Assets Other	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Assets

Other Stockholder Equity	- 0.69	Non Current Liabilities Total
Other Stockholder Equity	- 0.69	Net Debt
Short Long Term Debt Total	- 0.67	Other Stockholder Equity
Total Liab	- 0.66	Other Stockholder Equity
Other Stockholder Equity	- 0.66	Non Currrent Assets Other
Other Stockholder Equity	- 0.66	Non Current Assets Total