MINT Current Deferred Revenue vs Cash And Short Term Investments Analysis

MID-UN Stock

CAD 7.61 0.01 0.13%

MINT Income financial indicator trend analysis is infinitely more than just investigating MINT Income Fund recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MINT Income Fund is a good investment. Please check the relationship between MINT Income Current Deferred Revenue and its Cash And Short Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MINT Income Fund. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Current Deferred Revenue vs Cash And Short Term Investments

Current Deferred Revenue vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MINT Income Fund Current Deferred Revenue account and Cash And Short Term Investments. At this time, the significance of the direction appears to have no relationship.

The correlation between MINT Income's Current Deferred Revenue and Cash And Short Term Investments is 0.06. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of MINT Income Fund, assuming nothing else is changed. The correlation between historical values of MINT Income's Current Deferred Revenue and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of MINT Income Fund are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Current Deferred Revenue i.e., MINT Income's Current Deferred Revenue and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.06

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of MINT Income Fund balance sheet. This account contains MINT Income investments that will expire within one year. These investments include stocks and bonds that can be liquidated by MINT Income Fund fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from MINT Income's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MINT Income Fund 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 MINT Income Fund. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

At present, MINT Income's Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 4.8 M, whereas Tax Provision is forecasted to decline to about 11.7 K.

	2021	2022	2023	2024 (projected)
Cost Of Revenue	1.2M	1.5M	1.3M	1.4M
Income Tax Expense	60.6K	54.7K	12.3K	11.7K

Cost Of Revenue Income Tax Expense

MINT Income fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Total Liab	Total Current Assets	Other Current Liab	Accounts Payable	Short Long Term Debt Total	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Current Deferred Revenue	Retained Earnings	Inventory	Other Current Assets	Other Stockholder Equity	Short Term Debt	Common Stock	Other Assets	Net Tangible Assets
Total Assets		-0.15	0.97	0.5	0.4	-0.01	0.5	0.7	0.79	0.82	0.03	-0.09	0.84	0.78	0.86	-0.86	0.8	-0.55	-0.14	-0.43	0.26	-0.21	0.61	0.57	-0.29	0.42
Total Current Liabilities	-0.15		-0.18	-0.16	-0.07	0.92	-0.1	-0.03	-0.21	-0.05	0.82	-0.5	-0.28	-0.14	-0.16	0.12	-0.38	0.34	0.49	-0.32	0.16	0.7	0.14	-0.04	0.57	-0.43
Total Stockholder Equity	0.97	-0.18		0.5	0.21	-0.08	0.41	0.66	0.86	0.64	-0.05	-0.06	0.72	0.6	0.87	-0.87	0.65	-0.49	-0.03	-0.42	0.23	-0.26	0.49	0.57	-0.3	0.39
Net Debt	0.5	-0.16	0.5		-0.32	-0.37	0.18	0.05	0.53	0.38	-0.45	-0.34	0.23	0.45	0.59	-0.61	0.33	0.12	0.13	-0.07	-0.19	0.24	0.04	0.01	0.12	-0.05
Cash	0.4	-0.07	0.21	-0.32		0.29	0.42	0.56	-0.01	0.72	0.35	0.05	0.75	0.68	0.05	-0.04	0.7	-0.53	-0.53	-0.16	0.25	-0.19	0.58	0.24	-0.22	0.33
Cash And Short Term Investments	-0.01	0.92	-0.08	-0.37	0.29		0.06	0.19	-0.2	0.15	0.96	-0.36	-0.03	0.03	-0.13	0.11	-0.14	0.06	0.27	-0.38	0.29	0.49	0.34	0.11	0.37	-0.22
Net Receivables	0.5	-0.1	0.41	0.18	0.42	0.06		0.34	0.37	0.58	0.09	0.01	0.53	0.54	0.34	-0.33	0.58	-0.48	-0.43	-0.28	0.47	-0.22	0.51	0.4	-0.29	0.44
Common Stock Shares Outstanding	0.7	-0.03	0.66	0.05	0.56	0.19	0.34		0.36	0.59	0.18	-0.26	0.65	0.55	0.35	-0.34	0.54	-0.25	-0.34	-0.07	-0.16	-0.16	0.26	0.22	-0.18	0.19
Short Term Investments	0.79	-0.21	0.86	0.53	-0.01	-0.2	0.37	0.36		0.44	-0.18	-0.05	0.52	0.4	0.78	-0.78	0.46	-0.48	0.11	-0.5	0.36	-0.19	0.51	0.62	-0.28	0.39
Total Liab	0.82	-0.05	0.64	0.38	0.72	0.15	0.58	0.59	0.44		0.19	-0.12	0.9	0.98	0.6	-0.61	0.93	-0.54	-0.33	-0.35	0.26	-0.04	0.72	0.41	-0.19	0.38
Total Current Assets	0.03	0.82	-0.05	-0.45	0.35	0.96	0.09	0.18	-0.18	0.19		-0.21	0.03	0.05	-0.1	0.07	-0.06	-0.09	0.2	-0.4	0.37	0.39	0.41	0.19	0.21	-0.04
Other Current Liab	-0.09	-0.5	-0.06	-0.34	0.05	-0.36	0.01	-0.26	-0.05	-0.12	-0.21		0.02	-0.14	0.21	-0.17	0.18	-0.66	-0.23	-0.13	0.39	-0.81	0.23	0.51	-0.72	0.64
Accounts Payable	0.84	-0.28	0.72	0.23	0.75	-0.03	0.53	0.65	0.52	0.9	0.03	0.02		0.9	0.59	-0.59	0.92	-0.64	-0.39	-0.29	0.33	-0.27	0.67	0.46	-0.34	0.41
Short Long Term Debt Total	0.78	-0.14	0.6	0.45	0.68	0.03	0.54	0.55	0.4	0.98	0.05	-0.14	0.9		0.57	-0.57	0.93	-0.48	-0.38	-0.26	0.18	-0.03	0.65	0.32	-0.18	0.28
Non Current Assets Total	0.86	-0.16	0.87	0.59	0.05	-0.13	0.34	0.35	0.78	0.6	-0.1	0.21	0.59	0.57		-1.0	0.64	-0.59	0.06	-0.55	0.37	-0.3	0.59	0.73	-0.37	0.48
Non Currrent Assets Other	-0.86	0.12	-0.87	-0.61	-0.04	0.11	-0.33	-0.34	-0.78	-0.61	0.07	-0.17	-0.59	-0.57	-1.0		-0.63	0.56	-0.09	0.56	-0.36	0.23	-0.59	-0.71	0.33	-0.46
Non Current Liabilities Total	0.8	-0.38	0.65	0.33	0.7	-0.14	0.58	0.54	0.46	0.93	-0.06	0.18	0.92	0.93	0.64	-0.63		-0.71	-0.48	-0.27	0.28	-0.37	0.68	0.48	-0.45	0.58
Current Deferred Revenue	-0.55	0.34	-0.49	0.12	-0.53	0.06	-0.48	-0.25	-0.48	-0.54	-0.09	-0.66	-0.64	-0.48	-0.59	0.56	-0.71		0.32	0.51	-0.69	0.68	-0.82	-0.84	0.75	-0.8
Retained Earnings	-0.14	0.49	-0.03	0.13	-0.53	0.27	-0.43	-0.34	0.11	-0.33	0.2	-0.23	-0.39	-0.38	0.06	-0.09	-0.48	0.32		0.03	0.08	0.41	-0.1	-0.12	0.54	-0.46
Inventory	-0.43	-0.32	-0.42	-0.07	-0.16	-0.38	-0.28	-0.07	-0.5	-0.35	-0.4	-0.13	-0.29	-0.26	-0.55	0.56	-0.27	0.51	0.03		-0.67	-0.01	-0.72	-0.82	0.2	-0.43
Other Current Assets	0.26	0.16	0.23	-0.19	0.25	0.29	0.47	-0.16	0.36	0.26	0.37	0.39	0.33	0.18	0.37	-0.36	0.28	-0.69	0.08	-0.67		-0.25	0.75	0.72	-0.33	0.42
Other Stockholder Equity	-0.21	0.7	-0.26	0.24	-0.19	0.49	-0.22	-0.16	-0.19	-0.04	0.39	-0.81	-0.27	-0.03	-0.3	0.23	-0.37	0.68	0.41	-0.01	-0.25		-0.17	-0.47	0.79	-0.65
Short Term Debt	0.61	0.14	0.49	0.04	0.58	0.34	0.51	0.26	0.51	0.72	0.41	0.23	0.67	0.65	0.59	-0.59	0.68	-0.82	-0.1	-0.72	0.75	-0.17		0.81	-0.36	0.52
Common Stock	0.57	-0.04	0.57	0.01	0.24	0.11	0.4	0.22	0.62	0.41	0.19	0.51	0.46	0.32	0.73	-0.71	0.48	-0.84	-0.12	-0.82	0.72	-0.47	0.81		-0.59	0.69
Other Assets	-0.29	0.57	-0.3	0.12	-0.22	0.37	-0.29	-0.18	-0.28	-0.19	0.21	-0.72	-0.34	-0.18	-0.37	0.33	-0.45	0.75	0.54	0.2	-0.33	0.79	-0.36	-0.59		-0.73
Net Tangible Assets	0.42	-0.43	0.39	-0.05	0.33	-0.22	0.44	0.19	0.39	0.38	-0.04	0.64	0.41	0.28	0.48	-0.46	0.58	-0.8	-0.46	-0.43	0.42	-0.65	0.52	0.69	-0.73

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MINT Income Account Relationship Matchups

MINT Income fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	126.5M	77.2M	98.5M	89.1M	93.1M	105.4M
Total Current Liabilities	908.8K	744.1K	666.7K	679.8K	20.4M	21.4M
Total Stockholder Equity	100.6M	76.4M	88.1M	83.4M	72.1M	86.3M
Net Debt	18.5M	(2.7M)	6.7M	(2.7M)	16.7M	17.6M
Cash	6.5M	2.7M	3.1M	7.7M	3.7M	3.5M
Cash And Short Term Investments	6.5M	2.7M	3.1M	7.7M	92.8M	97.4M
Net Receivables	939.4K	334.6K	300.6K	369.2K	358.3K	653.6K
Common Stock Shares Outstanding	19.5M	15.2M	14.0M	13.3M	12.3M	18.2M
Short Term Investments	119.0M	74.1M	95.1M	81.0M	89.1M	96.7M
Liabilities And Stockholders Equity	126.5M	77.2M	98.5M	89.1M	93.1M	105.4M
Total Liab	25.9M	744.1K	10.4M	5.7M	21.0M	19.2M
Total Current Assets	7.4M	3.0M	3.4M	8.1M	93.1M	46.6M
Other Current Liab	(908.8K)	(744.1K)	(666.7K)	(679.8K)	(20.4M)	(19.4M)
Accounts Payable	908.8K	744.1K	666.7K	679.8K	595.0K	565.2K
Short Long Term Debt Total	10M	25M	9.8M	5M	20.4M	19.6M
Non Current Assets Total	119.0M	74.1M	95.1M	81.0M	72.9M	96.2M
Non Currrent Assets Other	(119.0M)	(74.1M)	(95.1M)	(81.0M)	(89.1M)	(93.5M)
Non Current Liabilities Total	25M	744.1K	9.8M	5M	595.0K	565.2K
Current Deferred Revenue	(9.0M)	(24.1M)	(9.1M)	(4.3M)	19.8M	20.8M
Retained Earnings	(15.8M)	(23.5M)	(2.0M)	1.4M	1.4M	1.5M
Inventory	126.5M	77.2M	98.5M	89.1M	(89.1M)	(93.5M)
Other Current Assets	(126.5M)	(77.2M)	(98.5M)	(89.1M)	(93.1M)	(88.5M)
Short Term Debt	10M	25M	9.8M	5M	20.4M	20.8M
Common Stock	116.4M	99.9M	90.1M	82.0M	70.7M	102.5M
Other Assets	6.6K	49.4K	29.6K	93.1M	107.1M	112.4M

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 together with MINT Stock

0.69

ASM

Avino Silver Gold

Pair Corr

Moving against MINT Stock

0.57

VCM

Vecima Networks

Pair Corr

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.

Pair Correlation Correlation Matching

Other Information on Investing in MINT Stock

Balance Sheet is a snapshot of the financial position of MINT Income Fund at a specified time, usually calculated after every quarter, six months, or one year. MINT Income Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of MINT Income 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 MINT currently owns. An asset can also be divided into two categories, current and non-current.

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MINT Current Deferred Revenue vs Cash And Short Term Investments Analysis

Current Deferred Revenue vs Cash And Short Term Investments

Current Deferred Revenue vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Current Deferred Revenue

Cash And Short Term Investments

MINT Income fundamental ratios Correlations

MINT Income Account Relationship Matchups

High Positive Relationship

High Negative Relationship

MINT Income fundamental ratios Accounts

Pair Trading with MINT Income

Moving together with MINT Stock

Moving against MINT Stock

Other Information on Investing in MINT Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Long Term Debt Total	+ 0.98	Total Liab
Total Stockholder Equity	+ 0.97	Total Assets
Total Current Assets	+ 0.96	Cash And Short Term Investments
Non Current Liabilities Total	+ 0.93	Total Liab
Non Current Liabilities Total	+ 0.93	Short Long Term Debt Total
Cash And Short Term Investments	+ 0.92	Total Current Liabilities

Non Currrent Assets Other	- 1.0	Non Current Assets Total
Non Currrent Assets Other	- 0.87	Total Stockholder Equity
Non Currrent Assets Other	- 0.86	Total Assets
Common Stock	- 0.84	Current Deferred Revenue
Common Stock	- 0.82	Inventory
Short Term Debt	- 0.82	Current Deferred Revenue