Royal Begin Period Cash Flow vs Dividends Paid Analysis
MNT Stock | CAD 38.03 0.02 0.05% |
Royal Canadian financial indicator trend analysis is much more than just breaking down Royal Canadian Mint prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Royal Canadian Mint is a good investment. Please check the relationship between Royal Canadian Begin Period Cash Flow and its Dividends Paid accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Royal Canadian Mint. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Begin Period Cash Flow vs Dividends Paid
Begin Period Cash Flow vs Dividends Paid Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Royal Canadian Mint Begin Period Cash Flow account and Dividends Paid. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Royal Canadian's Begin Period Cash Flow and Dividends Paid is -0.63. Overlapping area represents the amount of variation of Begin Period Cash Flow that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of Royal Canadian Mint, assuming nothing else is changed. The correlation between historical values of Royal Canadian's Begin Period Cash Flow and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Begin Period Cash Flow of Royal Canadian Mint are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Begin Period Cash Flow i.e., Royal Canadian's Begin Period Cash Flow and Dividends Paid go up and down completely randomly.
Correlation Coefficient | -0.63 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.Most indicators from Royal Canadian's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Royal Canadian Mint 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 Royal Canadian Mint. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. As of the 26th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.02, while Selling General Administrative is likely to drop about 96 M.
2020 | 2021 | 2023 | 2024 (projected) | Gross Profit | 143.7M | 179.4M | 161.5M | 131.0M | Total Revenue | 2.5B | 3.6B | 3.2B | 2.0B |
Royal Canadian fundamental ratios Correlations
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Royal Canadian Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Royal Canadian fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 397.8M | 429.9M | 379.4M | 405.5M | 466.3M | 448.8M | |
Total Current Liabilities | 80.7M | 120.5M | 76.6M | 99.4M | 114.3M | 98.5M | |
Total Stockholder Equity | 156.5M | 150.2M | 167.2M | 142.5M | 128.2M | 168.4M | |
Retained Earnings | 116.4M | 110.2M | 127.3M | 102.5M | 92.3M | 137.3M | |
Cash | 56.3M | 66.4M | 65.5M | 67.3M | 60.6M | 59.1M | |
Cash And Short Term Investments | 66.7M | 66.4M | 68.2M | 69.7M | 62.7M | 65.1M | |
Net Receivables | 55.4M | 48.8M | 50.7M | 59.1M | 68.0M | 36.5M | |
Liabilities And Stockholders Equity | 397.8M | 429.9M | 379.4M | 405.5M | 466.3M | 434.4M | |
Inventory | 62.2M | 94.9M | 57.6M | 86.5M | 77.9M | 65.4M | |
Other Current Assets | 50K | 684K | 6.9M | 2.6M | 2.3M | 1.8M | |
Other Stockholder Equity | 92K | 27K | (88K) | (17K) | (15.3K) | (14.5K) | |
Total Liab | 241.4M | 279.7M | 212.2M | 263.0M | 302.4M | 217.3M | |
Total Current Assets | 188.1M | 223.0M | 189.5M | 221.9M | 255.2M | 224.2M | |
Intangible Assets | 8.4M | 6.3M | 5.1M | 4.7M | 4.3M | 8.2M | |
Common Stock Shares Outstanding | 25.3M | 24.9M | 18.9M | 18.8M | 21.7M | 15.9M | |
Other Assets | 36.9M | 32.5M | 28.5M | 29.4M | 33.8M | 31.2M | |
Long Term Debt | 9.0M | 6.0M | 3.0M | 24M | 21.6M | 13.5M | |
Long Term Debt Total | 9.0M | 13.1M | 7.3M | 28.4M | 25.6M | 15.1M | |
Property Plant Equipment | 164.2M | 167.4M | 155.8M | 149.2M | 134.3M | 138.7M | |
Short Term Investments | 384K | 880K | 917K | 388K | 446.2K | 664.6K |
Pair Trading with Royal Canadian
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 Royal Canadian 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 Royal Canadian will appreciate offsetting losses from the drop in the long position's value.Moving together with Royal Stock
The ability to find closely correlated positions to Royal Canadian could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Royal Canadian 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 Royal Canadian - 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 Royal Canadian Mint to buy it.
The correlation of Royal Canadian 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 Royal Canadian moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Royal Canadian Mint 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 Royal Canadian 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 Royal Stock
Balance Sheet is a snapshot of the financial position of Royal Canadian Mint at a specified time, usually calculated after every quarter, six months, or one year. Royal Canadian Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Royal Canadian 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 Royal currently owns. An asset can also be divided into two categories, current and non-current.