MINT Other Stockholder Equity vs Net Receivables Analysis
MID-UN Stock | CAD 7.52 0.06 0.79% |
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 Other Stockholder Equity and its Net Receivables 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.
Other Stockholder Equity vs Net Receivables
Other Stockholder Equity vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MINT Income Fund Other Stockholder Equity account and Net Receivables. At this time, the significance of the direction appears to have no relationship.
The correlation between MINT Income's Other Stockholder Equity and Net Receivables is 0.07. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Net Receivables 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 Other Stockholder Equity and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of MINT Income Fund are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Other Stockholder Equity i.e., MINT Income's Other Stockholder Equity and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.07 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Other Stockholder Equity
Net Receivables
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 Issuance Of Capital Stock is projected to decrease significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.37, whereas Selling General Administrative is forecasted to decline to about 938.4 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 |
MINT Income fundamental ratios Correlations
Click cells to compare fundamentals
MINT Income Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | |
Other Current Liab | (25.9M) | (187.9K) | (10.4M) | (5.7M) | (21.0M) | (20.0M) | |
Total Current Liabilities | 908.8K | 744.1K | 666.7K | 679.8K | 21.5M | 22.5M | |
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 | |
Accounts Payable | 908.8K | 187.9K | 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 | 452.8K | (77.2M) | 29.6K | (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
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0.63 | TD-PFI | Toronto Dominion Bank Earnings Call This Week | PairCorr |
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.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.