MINT Total Liab vs Net Invested Capital Analysis

MID-UN Stock

CAD 7.51 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 Total Liab and its Net Invested Capital 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.

Total Liab vs Net Invested Capital

Total Liab vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MINT Income Fund Total Liab account and Net Invested Capital. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between MINT Income's Total Liab and Net Invested Capital is 0.41. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Net Invested Capital 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 Total Liab and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of MINT Income Fund are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Total Liab i.e., MINT Income's Total Liab and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.41

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

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

Cost Of Revenue Income Tax Expense

MINT Income fundamental ratios Correlations

	Total Assets	Other Current Liab	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	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	Short Term Debt	Common Stock	Other Assets	Net Tangible Assets	Net Invested Capital
Total Assets		-0.44	-0.15	0.97	0.5	0.4	-0.01	0.5	0.7	0.79	0.82	0.03	-0.34	0.78	0.86	-0.86	0.8	-0.55	-0.14	-0.43	0.31	0.61	0.57	-0.29	0.42	0.44
Other Current Liab	-0.44		0.26	-0.41	-0.9	0.2	0.43	-0.34	-0.15	-0.35	-0.39	0.49	0.37	-0.46	-0.42	0.44	-0.37	-0.18	0.18	-0.08	0.26	0.12	0.14	-0.09	-0.02	-0.03
Total Current Liabilities	-0.15	0.26		-0.18	-0.14	-0.07	0.91	-0.1	-0.03	-0.21	-0.05	0.81	0.14	-0.14	-0.16	0.13	-0.38	0.36	0.49	-0.31	0.04	0.13	-0.05	0.59	-0.45	-0.38
Total Stockholder Equity	0.97	-0.41	-0.18		0.5	0.21	-0.08	0.41	0.66	0.86	0.64	-0.05	-0.38	0.6	0.87	-0.87	0.65	-0.49	-0.03	-0.42	0.36	0.49	0.57	-0.3	0.39	0.4
Net Debt	0.5	-0.9	-0.14	0.5		-0.32	-0.37	0.18	0.05	0.53	0.38	-0.45	-0.24	0.45	0.59	-0.61	0.33	0.12	0.13	-0.07	-0.05	0.04	0.01	0.12	-0.05	-0.01
Cash	0.4	0.2	-0.07	0.21	-0.32		0.29	0.42	0.56	-0.01	0.72	0.35	-0.07	0.68	0.05	-0.04	0.7	-0.53	-0.53	-0.16	-0.05	0.58	0.24	-0.22	0.33	0.33
Cash And Short Term Investments	-0.01	0.43	0.91	-0.08	-0.37	0.29		0.06	0.19	-0.2	0.15	0.96	0.13	0.03	-0.13	0.11	-0.14	0.06	0.27	-0.38	0.12	0.34	0.11	0.37	-0.22	-0.16
Net Receivables	0.5	-0.34	-0.1	0.41	0.18	0.42	0.06		0.34	0.37	0.58	0.09	-0.18	0.54	0.34	-0.33	0.58	-0.48	-0.43	-0.28	0.29	0.51	0.4	-0.29	0.44	0.48
Common Stock Shares Outstanding	0.7	-0.15	-0.03	0.66	0.05	0.56	0.19	0.34		0.36	0.59	0.18	-0.55	0.55	0.35	-0.34	0.54	-0.25	-0.34	-0.07	-0.16	0.26	0.22	-0.18	0.19	0.23
Short Term Investments	0.79	-0.35	-0.21	0.86	0.53	-0.01	-0.2	0.37	0.36		0.44	-0.18	-0.31	0.4	0.78	-0.78	0.46	-0.48	0.11	-0.5	0.51	0.51	0.62	-0.28	0.39	0.4
Total Liab	0.82	-0.39	-0.05	0.64	0.38	0.72	0.15	0.58	0.59	0.44		0.19	-0.14	0.98	0.6	-0.61	0.93	-0.54	-0.33	-0.35	0.12	0.72	0.41	-0.19	0.38	0.41
Total Current Assets	0.03	0.49	0.81	-0.05	-0.45	0.35	0.96	0.09	0.18	-0.18	0.19		0.16	0.05	-0.1	0.07	-0.06	-0.09	0.2	-0.4	0.22	0.41	0.19	0.21	-0.04	0.0
Accounts Payable	-0.34	0.37	0.14	-0.38	-0.24	-0.07	0.13	-0.18	-0.55	-0.31	-0.14	0.16		-0.15	0.07	-0.06	-0.08	-0.29	0.14	-0.34	0.44	0.3	0.37	-0.15	0.21	0.22
Short Long Term Debt Total	0.78	-0.46	-0.14	0.6	0.45	0.68	0.03	0.54	0.55	0.4	0.98	0.05	-0.15		0.57	-0.57	0.93	-0.48	-0.38	-0.26	0.0	0.65	0.32	-0.18	0.28	0.34
Non Current Assets Total	0.86	-0.42	-0.16	0.87	0.59	0.05	-0.13	0.34	0.35	0.78	0.6	-0.1	0.07	0.57		-1.0	0.64	-0.59	0.06	-0.55	0.56	0.59	0.73	-0.37	0.48	0.49
Non Currrent Assets Other	-0.86	0.44	0.13	-0.87	-0.61	-0.04	0.11	-0.33	-0.34	-0.78	-0.61	0.07	-0.06	-0.57	-1.0		-0.63	0.56	-0.09	0.56	-0.55	-0.59	-0.71	0.33	-0.46	-0.48
Non Current Liabilities Total	0.8	-0.37	-0.38	0.65	0.33	0.7	-0.14	0.58	0.54	0.46	0.93	-0.06	-0.08	0.93	0.64	-0.63		-0.71	-0.48	-0.27	0.19	0.68	0.48	-0.45	0.58	0.58
Current Deferred Revenue	-0.55	-0.18	0.36	-0.49	0.12	-0.53	0.06	-0.48	-0.25	-0.48	-0.54	-0.09	-0.29	-0.48	-0.59	0.56	-0.71		0.32	0.51	-0.7	-0.82	-0.84	0.75	-0.8	-0.81
Retained Earnings	-0.14	0.18	0.49	-0.03	0.13	-0.53	0.27	-0.43	-0.34	0.11	-0.33	0.2	0.14	-0.38	0.06	-0.09	-0.48	0.32		0.03	0.16	-0.1	-0.12	0.54	-0.46	-0.56
Inventory	-0.43	-0.08	-0.31	-0.42	-0.07	-0.16	-0.38	-0.28	-0.07	-0.5	-0.35	-0.4	-0.34	-0.26	-0.55	0.56	-0.27	0.51	0.03		-0.71	-0.72	-0.82	0.2	-0.43	-0.52
Other Current Assets	0.31	0.26	0.04	0.36	-0.05	-0.05	0.12	0.29	-0.16	0.51	0.12	0.22	0.44	0.0	0.56	-0.55	0.19	-0.7	0.16	-0.71		0.65	0.85	-0.52	0.61	0.63
Short Term Debt	0.61	0.12	0.13	0.49	0.04	0.58	0.34	0.51	0.26	0.51	0.72	0.41	0.3	0.65	0.59	-0.59	0.68	-0.82	-0.1	-0.72	0.65		0.81	-0.36	0.52	0.59
Common Stock	0.57	0.14	-0.05	0.57	0.01	0.24	0.11	0.4	0.22	0.62	0.41	0.19	0.37	0.32	0.73	-0.71	0.48	-0.84	-0.12	-0.82	0.85	0.81		-0.59	0.69	0.76
Other Assets	-0.29	-0.09	0.59	-0.3	0.12	-0.22	0.37	-0.29	-0.18	-0.28	-0.19	0.21	-0.15	-0.18	-0.37	0.33	-0.45	0.75	0.54	0.2	-0.52	-0.36	-0.59		-0.73	-0.82
Net Tangible Assets	0.42	-0.02	-0.45	0.39	-0.05	0.33	-0.22	0.44	0.19	0.39	0.38	-0.04	0.21	0.28	0.48	-0.46	0.58	-0.8	-0.46	-0.43	0.61	0.52	0.69	-0.73		0.94
Net Invested Capital	0.44	-0.03	-0.38	0.4	-0.01	0.33	-0.16	0.48	0.23	0.4	0.41	0.0	0.22	0.34	0.49	-0.48	0.58	-0.81	-0.56	-0.52	0.63	0.59	0.76	-0.82	0.94

Click cells to compare fundamentals

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
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 against MINT Stock

0.8	AEMC	Alaska Energy Metals	Pair Corr
0.74	EOG	Eco Atlantic Oil	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 Total Liab vs Net Invested Capital Analysis

Total Liab vs Net Invested Capital

Total Liab vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Total Liab

Net Invested Capital

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 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
Net Invested Capital	+ 0.94	Net Tangible Assets
Non Current Liabilities Total	+ 0.93	Total Liab
Non Current Liabilities Total	+ 0.93	Short Long Term Debt Total

Non Currrent Assets Other	- 1.0	Non Current Assets Total
Net Debt	- 0.9	Other Current Liab
Non Currrent Assets Other	- 0.87	Total Stockholder Equity
Non Currrent Assets Other	- 0.86	Total Assets
Common Stock	- 0.84	Current Deferred Revenue
Net Invested Capital	- 0.82	Other Assets