Maple Historical Balance Sheet
MFI Stock | CAD 23.13 0.23 1.00% |
Trend analysis of Maple Leaf Foods balance sheet accounts such as Total Current Liabilities of 666 M provides information on Maple Leaf's total assets, liabilities, and equity, which is the actual value of Maple Leaf Foods to its prevalent stockholders. By breaking down trends over time using Maple Leaf balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Maple Leaf Foods latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Maple Leaf Foods is a good buy for the upcoming year.
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About Maple Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Maple Leaf Foods at a specified time, usually calculated after every quarter, six months, or one year. Maple Leaf Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Maple Leaf 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 Maple currently owns. An asset can also be divided into two categories, current and non-current.
Maple Leaf Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Maple Leaf assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Maple Leaf Foods books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Capital Lease Obligations
Maple Leaf Foods capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Maple Leaf asset purchases. For example, Maple Leaf can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Maple Leaf control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Most accounts from Maple Leaf's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Maple Leaf Foods current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Maple Leaf Foods. 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, Maple Leaf's Property Plant And Equipment Gross is very stable compared to the past year. As of the 29th of November 2024, Accumulated Other Comprehensive Income is likely to grow to about 50.2 M, while Total Assets are likely to drop about 3.1 B.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 1.4B | 1.9B | 2.1B | 2.2B | Total Assets | 4.4B | 4.4B | 4.6B | 3.1B |
Maple Leaf balance sheet Correlations
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Maple Leaf Account Relationship Matchups
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Maple Leaf balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.5B | 3.9B | 4.4B | 4.4B | 4.6B | 3.1B | |
Short Long Term Debt Total | 782.8M | 986.2M | 1.4B | 1.9B | 2.1B | 2.2B | |
Other Current Liab | 37.7M | 45.9M | 69.8M | 94.7M | 28.4M | 27.0M | |
Total Current Liabilities | 535.1M | 667.0M | 668.7M | 633.9M | 1.0B | 666.0M | |
Total Stockholder Equity | 1.9B | 1.9B | 2.0B | 1.7B | 1.5B | 1.3B | |
Property Plant And Equipment Net | 1.6B | 1.9B | 2.4B | 2.5B | 2.4B | 1.3B | |
Current Deferred Revenue | 11.0M | 11.5M | 12.3M | 12.6M | 14.4M | 19.3M | |
Net Debt | 685.6M | 885.4M | 1.3B | 1.8B | 1.9B | 2.0B | |
Retained Earnings | 1.1B | 1.1B | 1.2B | 809.6M | 597.4M | 501.7M | |
Accounts Payable | 445.8M | 501.5M | 526.2M | 485.1M | 548.4M | 369.9M | |
Cash | 97.3M | 100.8M | 162.0M | 91.1M | 203.4M | 158.6M | |
Non Current Assets Total | 2.6B | 3.0B | 3.4B | 3.4B | 3.4B | 2.3B | |
Non Currrent Assets Other | (76.3M) | 9.6M | 11.6M | 26.9M | 106.3M | 125.6M | |
Cash And Short Term Investments | 97.3M | 100.8M | 162.0M | 91.1M | 203.4M | 153.9M | |
Net Receivables | 186.7M | 193.1M | 202.2M | 273.7M | 305.9M | 179.1M | |
Common Stock Shares Outstanding | 125.2M | 124.3M | 124.7M | 123.6M | 121.8M | 133.8M | |
Liabilities And Stockholders Equity | 3.5B | 3.9B | 4.4B | 4.4B | 4.6B | 3.1B | |
Non Current Liabilities Total | 1.0B | 1.3B | 1.7B | 2.1B | 2.1B | 1.1B | |
Inventory | 504.6M | 523.7M | 547.9M | 630.1M | 657.3M | 392.9M | |
Other Current Assets | 85.8M | 65.1M | 25.0M | 50.9M | 44.9M | 46.4M | |
Other Stockholder Equity | (30.4M) | (18.1M) | (20.9M) | (25.9M) | (4.0M) | (3.8M) | |
Total Liab | 1.6B | 1.9B | 2.3B | 2.8B | 3.1B | 1.7B | |
Property Plant And Equipment Gross | 1.6B | 1.9B | 3.9B | 4.2B | 4.3B | 4.5B | |
Total Current Assets | 874.3M | 882.8M | 937.1M | 1.0B | 1.2B | 824.0M | |
Accumulated Other Comprehensive Income | 2.8M | (13.4M) | (2.5M) | 26.8M | 47.8M | 50.2M | |
Short Term Debt | 40.4M | 80.5M | 36.6M | 39.2M | 438.8M | 460.7M | |
Intangible Assets | 352.7M | 341.2M | 365.3M | 360.6M | 345.1M | 257.5M | |
Good Will | 657.2M | 652.5M | 658.7M | 477.4M | 429.6M | 536.9M | |
Common Stock Total Equity | 835.2M | 849.7M | 840.0M | 839.0M | 755.1M | 697.3M | |
Common Stock | 840.0M | 839.0M | 847.0M | 850.1M | 873.5M | 694.4M | |
Other Liab | 286.7M | 343.1M | 288.7M | 290.8M | 334.5M | 283.0M | |
Net Tangible Assets | 940.0M | 938.8M | 1.0B | 822.7M | 740.4M | 901.5M | |
Other Assets | 12.5M | 23.6M | 51.6M | 69.4M | 62.5M | 55.5M | |
Long Term Debt | 538.4M | 745.0M | 1.2B | 1.7B | 1.6B | 1.6B | |
Short Long Term Debt | 899K | 900K | 5.2M | 921K | 400.7M | 420.8M | |
Property Plant Equipment | 1.6B | 1.9B | 2.4B | 2.5B | 2.8B | 1.7B | |
Long Term Debt Total | 742.4M | 905.7M | 1.4B | 1.9B | 2.1B | 2.2B | |
Treasury Stock | (29.4M) | (30.4M) | (23.9M) | (26.2M) | (23.6M) | (24.8M) | |
Capital Lease Obligations | 243.5M | 240.2M | 175.8M | 182.9M | 180.3M | 150.2M |
Pair Trading with Maple Leaf
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 Maple Leaf 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 Maple Leaf will appreciate offsetting losses from the drop in the long position's value.Moving against Maple Stock
The ability to find closely correlated positions to Maple Leaf could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Maple Leaf 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 Maple Leaf - 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 Maple Leaf Foods to buy it.
The correlation of Maple Leaf 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 Maple Leaf moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Maple Leaf Foods 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 Maple Leaf 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 Maple Stock
Balance Sheet is a snapshot of the financial position of Maple Leaf Foods at a specified time, usually calculated after every quarter, six months, or one year. Maple Leaf Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Maple Leaf 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 Maple currently owns. An asset can also be divided into two categories, current and non-current.