Monro Retained Earnings vs Long Term Debt Analysis

MNRO Stock

USD 27.04 0.31 1.16%

Monro Muffler financial indicator trend analysis is infinitely more than just investigating Monro Muffler Brake recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Monro Muffler Brake is a good investment. Please check the relationship between Monro Muffler Retained Earnings and its Long Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Monro Muffler Brake. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Retained Earnings vs Long Term Debt

Retained Earnings vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Monro Muffler Brake Retained Earnings account and Long Term Debt. At this time, the significance of the direction appears to have weak relationship.

The correlation between Monro Muffler's Retained Earnings and Long Term Debt is 0.37. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Monro Muffler Brake, assuming nothing else is changed. The correlation between historical values of Monro Muffler's Retained Earnings and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Monro Muffler Brake are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Retained Earnings i.e., Monro Muffler's Retained Earnings and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.37

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Long Term Debt

Long-term debt is a debt that Monro Muffler Brake has held for over one year. Long-term debt appears on Monro Muffler Brake balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Monro Muffler Brake balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

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

At this time, Monro Muffler's Tax Provision is very stable compared to the past year. As of the 25th of November 2024, Enterprise Value Over EBITDA is likely to grow to 12.06, while Selling General Administrative is likely to drop about 211.1 M.

	2021	2022	2023	2024 (projected)
Gross Profit	481.8M	456.2M	452.1M	249.0M
Total Revenue	1.4B	1.3B	1.3B	639.6M

Gross Profit Total Revenue

Monro Muffler fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Other Liab	Other Assets
Total Assets		0.96	0.47	0.84	0.82	0.98	0.97	0.95	0.73	0.42	0.99	0.17	0.42	0.79	0.73	0.95	0.75	0.53	0.41	0.99	0.88	0.72	0.8	0.66	0.81	0.68
Short Long Term Debt Total	0.96		0.52	0.72	0.75	0.93	0.96	0.83	0.58	0.6	0.92	0.21	0.6	0.76	0.63	1.0	0.69	0.41	0.48	0.97	0.8	0.81	0.73	0.5	0.69	0.59
Other Current Liab	0.47	0.52		0.17	0.52	0.35	0.36	0.44	0.1	0.66	0.38	0.54	0.66	0.53	0.38	0.53	0.6	0.44	0.47	0.44	0.25	0.74	0.05	0.28	0.01	-0.11
Total Current Liabilities	0.84	0.72	0.17		0.53	0.86	0.82	0.86	0.98	0.05	0.88	-0.27	0.05	0.64	0.52	0.7	0.44	0.46	-0.1	0.85	0.95	0.36	0.92	0.63	0.95	0.89
Total Stockholder Equity	0.82	0.75	0.52	0.53		0.78	0.77	0.83	0.4	0.3	0.81	0.44	0.3	0.62	0.63	0.77	0.96	0.66	0.69	0.74	0.53	0.71	0.47	0.66	0.53	0.35
Property Plant And Equipment Net	0.98	0.93	0.35	0.86	0.78		0.98	0.91	0.74	0.32	0.98	0.06	0.32	0.74	0.67	0.93	0.68	0.45	0.38	0.98	0.89	0.63	0.88	0.61	0.86	0.78
Net Debt	0.97	0.96	0.36	0.82	0.77	0.98		0.89	0.7	0.35	0.98	0.08	0.35	0.78	0.65	0.95	0.66	0.39	0.42	0.97	0.88	0.64	0.86	0.54	0.82	0.75
Retained Earnings	0.95	0.83	0.44	0.86	0.83	0.91	0.89		0.77	0.22	0.96	0.18	0.22	0.8	0.8	0.82	0.79	0.57	0.35	0.9	0.85	0.6	0.74	0.81	0.84	0.65
Accounts Payable	0.73	0.58	0.1	0.98	0.4	0.74	0.7	0.77		-0.03	0.77	-0.38	-0.03	0.52	0.4	0.56	0.31	0.47	-0.27	0.75	0.89	0.24	0.87	0.54	0.89	0.87
Cash	0.42	0.6	0.66	0.05	0.3	0.32	0.35	0.22	-0.03		0.28	0.42	1.0	0.31	0.23	0.63	0.38	0.25	0.37	0.47	0.18	0.87	0.04	0.08	-0.03	-0.15
Non Current Assets Total	0.99	0.92	0.38	0.88	0.81	0.98	0.98	0.96	0.77	0.28		0.1	0.28	0.78	0.71	0.91	0.72	0.49	0.38	0.97	0.9	0.62	0.85	0.66	0.86	0.75
Non Currrent Assets Other	0.17	0.21	0.54	-0.27	0.44	0.06	0.08	0.18	-0.38	0.42	0.1		0.42	0.32	0.4	0.25	0.54	0.18	0.69	0.09	-0.17	0.49	-0.36	0.23	-0.25	-0.48
Cash And Short Term Investments	0.42	0.6	0.66	0.05	0.3	0.32	0.35	0.22	-0.03	1.0	0.28	0.42		0.31	0.23	0.63	0.38	0.25	0.37	0.47	0.18	0.87	0.04	0.08	-0.03	-0.15
Net Receivables	0.79	0.76	0.53	0.64	0.62	0.74	0.78	0.8	0.52	0.31	0.78	0.32	0.31		0.7	0.74	0.63	0.21	0.33	0.76	0.78	0.54	0.57	0.64	0.64	0.5
Common Stock Shares Outstanding	0.73	0.63	0.38	0.52	0.63	0.67	0.65	0.8	0.4	0.23	0.71	0.4	0.23	0.7		0.63	0.68	0.3	0.48	0.64	0.57	0.48	0.39	0.82	0.58	0.31
Non Current Liabilities Total	0.95	1.0	0.53	0.7	0.77	0.93	0.95	0.82	0.56	0.63	0.91	0.25	0.63	0.74	0.63		0.7	0.44	0.5	0.97	0.78	0.83	0.71	0.49	0.67	0.56
Inventory	0.75	0.69	0.6	0.44	0.96	0.68	0.66	0.79	0.31	0.38	0.72	0.54	0.38	0.63	0.68	0.7		0.69	0.66	0.66	0.45	0.77	0.31	0.76	0.44	0.18
Other Current Assets	0.53	0.41	0.44	0.46	0.66	0.45	0.39	0.57	0.47	0.25	0.49	0.18	0.25	0.21	0.3	0.44	0.69		0.21	0.48	0.27	0.58	0.25	0.52	0.29	0.14
Other Stockholder Equity	0.41	0.48	0.47	-0.1	0.69	0.38	0.42	0.35	-0.27	0.37	0.38	0.69	0.37	0.33	0.48	0.5	0.66	0.21		0.33	-0.01	0.54	-0.01	0.19	-0.04	-0.15
Total Liab	0.99	0.97	0.44	0.85	0.74	0.98	0.97	0.9	0.75	0.47	0.97	0.09	0.47	0.76	0.64	0.97	0.66	0.48	0.33		0.89	0.73	0.84	0.58	0.81	0.72
Property Plant And Equipment Gross	0.88	0.8	0.25	0.95	0.53	0.89	0.88	0.85	0.89	0.18	0.9	-0.17	0.18	0.78	0.57	0.78	0.45	0.27	-0.01	0.89		0.43	0.92	0.6	0.94	0.88
Total Current Assets	0.72	0.81	0.74	0.36	0.71	0.63	0.64	0.6	0.24	0.87	0.62	0.49	0.87	0.54	0.48	0.83	0.77	0.58	0.54	0.73	0.43		0.29	0.44	0.28	0.09
Short Term Debt	0.8	0.73	0.05	0.92	0.47	0.88	0.86	0.74	0.87	0.04	0.85	-0.36	0.04	0.57	0.39	0.71	0.31	0.25	-0.01	0.84	0.92	0.29		0.4	0.91	0.98
Common Stock	0.66	0.5	0.28	0.63	0.66	0.61	0.54	0.81	0.54	0.08	0.66	0.23	0.08	0.64	0.82	0.49	0.76	0.52	0.19	0.58	0.6	0.44	0.4		0.68	0.37
Other Liab	0.81	0.69	0.01	0.95	0.53	0.86	0.82	0.84	0.89	-0.03	0.86	-0.25	-0.03	0.64	0.58	0.67	0.44	0.29	-0.04	0.81	0.94	0.28	0.91	0.68		0.91
Other Assets	0.68	0.59	-0.11	0.89	0.35	0.78	0.75	0.65	0.87	-0.15	0.75	-0.48	-0.15	0.5	0.31	0.56	0.18	0.14	-0.15	0.72	0.88	0.09	0.98	0.37	0.91

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Monro Muffler Account Relationship Matchups

Monro Muffler fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.0B	1.8B	1.9B	1.8B	1.7B	1.8B
Short Long Term Debt Total	1.0B	734.1M	803.4M	591.4M	611.0M	641.6M
Other Current Liab	79.9M	27.8M	19.3M	16.5M	31.8M	20.1M
Total Current Liabilities	254.9M	290.6M	322.0M	449.2M	455.2M	477.9M
Total Stockholder Equity	734.4M	749.7M	782.9M	694.9M	656.8M	336.4M
Property Plant And Equipment Net	724.9M	805.8M	797.2M	733.3M	663.7M	696.9M
Net Debt	690.3M	704.1M	795.4M	586.5M	604.5M	634.7M
Retained Earnings	619.9M	624.4M	651.1M	653.6M	655.4M	688.2M
Accounts Payable	99.5M	112.4M	132.0M	261.7M	251.9M	264.5M
Cash	345.5M	30.0M	7.9M	4.9M	6.6M	6.2M
Non Current Assets Total	1.5B	1.5B	1.6B	1.5B	1.4B	1.5B
Non Currrent Assets Other	728.5M	739.5M	20.2M	29.4M	26.1M	24.8M
Cash And Short Term Investments	345.5M	30.0M	7.9M	4.9M	6.6M	6.2M
Net Receivables	38.8M	41.2M	32.7M	13.3M	41.1M	43.1M
Common Stock Shares Outstanding	34.0M	33.9M	34.0M	32.7M	31.9M	35.1M
Liabilities And Stockholders Equity	2.0B	1.8B	1.9B	1.8B	1.7B	1.8B
Non Current Liabilities Total	1.1B	771.5M	766.5M	632.8M	580.9M	609.9M
Inventory	187.4M	162.3M	166.3M	147.4M	154.1M	92.2M
Other Current Assets	63.1M	33.0M	38.6M	92.9M	51.6M	27.1M
Other Stockholder Equity	121.0M	129.5M	135.8M	45.1M	4.4M	4.2M
Total Liab	1.3B	1.1B	1.1B	1.1B	1.0B	1.1B
Property Plant And Equipment Gross	724.9M	805.8M	797.2M	733.3M	1.1B	1.2B
Total Current Assets	596.0M	266.5M	245.5M	258.5M	253.3M	143.0M
Accumulated Other Comprehensive Income	(6.9M)	(4.6M)	(4.5M)	(4.1M)	(3.5M)	(3.6M)
Short Term Debt	62.4M	137.4M	153.6M	155.0M	155.4M	163.1M
Common Stock	396K	398K	399K	400K	460K	483K
Other Liab	18.6M	24.4M	37.5M	40.0M	46.0M	48.3M
Other Assets	15.2M	26.9M	739.5M	828.7M	953.0M	1.0B
Long Term Debt	566.4M	190M	176.5M	105M	102M	126.9M
Good Will	671.8M	689.5M	776.7M	736.5M	736.4M	773.3M
Common Stock Total Equity	395K	396K	398K	399K	460K	298.6K
Intangible Assets	29.8M	26.1M	26.7M	16.6M	13.3M	12.6M
Property Plant Equipment	328.6M	327.1M	797.2M	305.0M	350.7M	294.4M
Current Deferred Revenue	13.1M	12.0M	14.2M	15.4M	15.2M	14.4M
Net Tangible Assets	32.8M	34.1M	782.9M	(58.1M)	(66.8M)	(63.5M)
Retained Earnings Total Equity	619.9M	624.4M	651.1M	653.6M	751.6M	554.0M
Long Term Debt Total	566.4M	190M	176.5M	105M	120.8M	114.7M
Capital Surpluse	229.8M	238.2M	244.6M	250.7M	288.3M	212.2M

Pair Trading with Monro Muffler

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 Monro Muffler 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 Monro Muffler will appreciate offsetting losses from the drop in the long position's value.

Moving together with Monro Stock

0.65	HD	Home Depot	Pair Corr
0.69	WEYS	Weyco Group	Pair Corr
0.66	ABG	Asbury Automotive	Pair Corr

Moving against Monro Stock

0.35	HVT	Haverty Furniture	Pair Corr
0.31	ARHS	Arhaus Inc	Pair Corr

The ability to find closely correlated positions to Monro Muffler could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Monro Muffler 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 Monro Muffler - 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 Monro Muffler Brake to buy it.

The correlation of Monro Muffler 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 Monro Muffler moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Monro Muffler Brake 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 Monro Muffler 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

When determining whether Monro Muffler Brake offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Monro Muffler's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Monro Muffler Brake Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Monro Muffler Brake Stock:

How To Invest In Monro

Details

Is Monro Stock a good investment?

Details

What is Monro Muffler's Net Worth?

Details

Largest Automotive Retail Companies

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Largest Consumer Discretionary Distribution & Retail Companies

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Monro Muffler Brake. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

Is Automotive Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Monro Muffler. If investors know Monro will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Monro Muffler listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.56)

Dividend Share

1.12

Earnings Share

0.87

Revenue Per Share

40.538

Quarterly Revenue Growth

(0.06)

The market value of Monro Muffler Brake is measured differently than its book value, which is the value of Monro that is recorded on the company's balance sheet. Investors also form their own opinion of Monro Muffler's value that differs from its market value or its book value, called intrinsic value, which is Monro Muffler's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Monro Muffler's market value can be influenced by many factors that don't directly affect Monro Muffler's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Monro Muffler's value and its price as these two are different measures arrived at by different means. Investors typically determine if Monro Muffler is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Monro Muffler's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Monro Retained Earnings vs Long Term Debt Analysis

Retained Earnings vs Long Term Debt

Retained Earnings vs Long Term Debt Correlation Analysis

Correlation Coefficient

Retained Earnings

Long Term Debt

Monro Muffler fundamental ratios Correlations

Monro Muffler Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Monro Muffler fundamental ratios Accounts

Pair Trading with Monro Muffler

Moving together with Monro Stock

Moving against Monro Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.98	Total Assets
Accounts Payable	+ 0.98	Total Current Liabilities

Other Assets	- 0.48	Non Currrent Assets Other
Non Currrent Assets Other	- 0.38	Accounts Payable
Short Term Debt	- 0.36	Non Currrent Assets Other
Other Stockholder Equity	- 0.27	Accounts Payable
Non Currrent Assets Other	- 0.27	Total Current Liabilities
Other Liab	- 0.25	Non Currrent Assets Other