MINT Free Cash Flow Yield vs Price To Sales Ratio 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 Free Cash Flow Yield and its Price To Sales Ratio 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.

Free Cash Flow Yield vs Price To Sales Ratio

Free Cash Flow Yield vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MINT Income Fund Free Cash Flow Yield account and Price To Sales Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between MINT Income's Free Cash Flow Yield and Price To Sales Ratio is -0.45. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Price To Sales Ratio 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 Free Cash Flow Yield and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of MINT Income Fund are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Free Cash Flow Yield i.e., MINT Income's Free Cash Flow Yield and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.45

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing MINT Income Fund stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on MINT Income sales, a figure that is much harder to manipulate than other MINT Income Fund 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.

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 Free Cash Flow Yield vs Price To Sales Ratio Analysis

Free Cash Flow Yield vs Price To Sales Ratio

Free Cash Flow Yield vs Price To Sales Ratio Correlation Analysis

Correlation Coefficient

Free Cash Flow Yield

Price To Sales Ratio

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

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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