Madison Interest Income vs Ebit Analysis

MPC-C Stock  CAD 4.40  0.10  2.22%   
Madison Pacific financial indicator trend analysis is infinitely more than just investigating Madison Pacific Prop recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Madison Pacific Prop is a good investment. Please check the relationship between Madison Pacific Interest Income and its Ebit accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Madison Pacific Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Interest Income vs Ebit

Interest Income vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Madison Pacific Prop Interest Income account and Ebit. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Madison Pacific's Interest Income and Ebit is 0.44. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Ebit in the same time period over historical financial statements of Madison Pacific Properties, assuming nothing else is changed. The correlation between historical values of Madison Pacific's Interest Income and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Madison Pacific Properties are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Interest Income i.e., Madison Pacific's Interest Income and Ebit go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Ebit

Most indicators from Madison Pacific's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Madison Pacific Prop 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 Madison Pacific Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Tax Provision is likely to gain to about 8.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 4.1 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit26.2M27.5M31.6M26.3M
Total Revenue37.4M40.5M46.5M36.8M

Madison Pacific fundamental ratios Correlations

0.960.761.00.991.00.921.0-0.390.721.0-0.460.90.930.220.70.97-0.761.01.00.960.710.730.040.840.97
0.960.740.970.940.970.960.97-0.460.530.98-0.390.90.890.130.690.92-0.60.950.960.890.70.54-0.140.860.96
0.760.740.770.780.780.640.77-0.410.610.75-0.320.710.490.020.430.58-0.710.750.760.821.00.6-0.380.570.7
1.00.970.770.991.00.911.0-0.370.710.99-0.470.890.930.240.710.96-0.760.991.00.960.720.720.030.850.97
0.990.940.780.990.990.880.99-0.340.760.98-0.380.870.910.210.610.95-0.80.990.990.980.730.770.060.760.96
1.00.970.781.00.990.911.0-0.360.720.99-0.430.880.920.230.680.96-0.760.991.00.960.730.730.020.830.97
0.920.960.640.910.880.910.91-0.630.390.95-0.440.910.9-0.010.710.91-0.440.920.920.80.60.41-0.190.860.96
1.00.970.771.00.991.00.91-0.360.720.99-0.450.890.920.240.690.96-0.770.991.00.960.720.730.030.830.97
-0.39-0.46-0.41-0.37-0.34-0.36-0.63-0.360.14-0.450.39-0.64-0.360.67-0.35-0.36-0.08-0.41-0.39-0.27-0.40.150.6-0.4-0.5
0.720.530.610.710.760.720.390.720.140.64-0.320.490.640.470.370.68-0.980.720.710.830.561.00.490.410.61
1.00.980.750.990.980.990.950.99-0.450.64-0.460.920.930.170.710.96-0.70.991.00.940.70.66-0.030.860.98
-0.46-0.39-0.32-0.47-0.38-0.43-0.44-0.450.39-0.32-0.46-0.62-0.46-0.01-0.83-0.450.37-0.46-0.47-0.37-0.29-0.34-0.08-0.68-0.45
0.90.90.710.890.870.880.910.89-0.640.490.92-0.620.83-0.110.690.86-0.580.90.90.840.660.5-0.170.790.9
0.930.890.490.930.910.920.90.92-0.360.640.93-0.460.830.220.690.99-0.630.950.940.850.420.660.260.80.95
0.220.130.020.240.210.23-0.010.240.670.470.17-0.01-0.110.220.20.22-0.390.190.220.210.020.490.550.240.09
0.70.690.430.710.610.680.710.69-0.350.370.71-0.830.690.690.20.69-0.410.680.70.550.40.40.050.950.71
0.970.920.580.960.950.960.910.96-0.360.680.96-0.450.860.990.220.69-0.690.970.970.90.510.70.210.810.96
-0.76-0.6-0.71-0.76-0.8-0.76-0.44-0.77-0.08-0.98-0.70.37-0.58-0.63-0.39-0.41-0.69-0.76-0.75-0.88-0.67-0.97-0.36-0.47-0.64
1.00.950.750.990.990.990.920.99-0.410.720.99-0.460.90.950.190.680.97-0.761.00.960.690.740.060.810.98
1.00.960.761.00.991.00.921.0-0.390.711.0-0.470.90.940.220.70.97-0.751.00.960.710.720.040.840.97
0.960.890.820.960.980.960.80.96-0.270.830.94-0.370.840.850.210.550.9-0.880.960.960.770.840.090.690.9
0.710.71.00.720.730.730.60.72-0.40.560.7-0.290.660.420.020.40.51-0.670.690.710.770.55-0.440.530.64
0.730.540.60.720.770.730.410.730.151.00.66-0.340.50.660.490.40.7-0.970.740.720.840.550.510.440.62
0.04-0.14-0.380.030.060.02-0.190.030.60.49-0.03-0.08-0.170.260.550.050.21-0.360.060.040.09-0.440.51-0.06-0.01
0.840.860.570.850.760.830.860.83-0.40.410.86-0.680.790.80.240.950.81-0.470.810.840.690.530.44-0.060.83
0.970.960.70.970.960.970.960.97-0.50.610.98-0.450.90.950.090.710.96-0.640.980.970.90.640.62-0.010.83
Click cells to compare fundamentals

Madison Pacific Account Relationship Matchups

Madison Pacific fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets697.5M741.3M842.1M853.4M981.4M763.1M
Other Current Liab6.5M6.4M8.2M9.9M11.3M7.9M
Total Current Liabilities46.9M66.9M99.8M68.7M79.0M72.8M
Total Stockholder Equity364.9M388.0M450.3M462.7M532.1M407.9M
Other Liab37.0M42.7M49.2M56.3M64.7M44.0M
Net Tangible Assets341.1M364.9M388.0M450.3M517.9M391.1M
Net Debt197.7M237.8M268.5M263.6M303.2M234.9M
Retained Earnings296.3M320.5M377.6M390.0M448.5M331.4M
Accounts Payable737K550K490K671K603.9K536K
Cash71.5M42.3M42.0M45.2M51.9M49.5M
Non Current Assets Total622.3M695.0M796.2M801.8M922.1M708.3M
Other Assets16.9M18.1M624.1M702.0M807.3M847.6M
Long Term Debt234.8M226.1M223.0M251.4M289.2M223.6M
Net Receivables838K243K351K872K784.8K496.7K
Non Current Liabilities Total277.4M275.3M279.2M309.0M355.4M270.3M
Other Current Assets2.4M2.5M3.5M3.2M2.9M2.8M
Total Liab324.3M342.2M379.0M377.8M434.4M343.1M
Net Invested Capital634.1M668.1M760.8M771.5M887.2M692.4M
Long Term Investments61.6M70.8M94.2M83.3M95.8M66.2M
Short Long Term Debt34.4M53.9M87.5M57.3M65.9M60.9M
Total Current Assets75.3M46.4M46.0M51.5M59.2M54.9M
Net Working Capital28.4M(20.5M)(53.9M)(17.2M)(15.5M)(16.3M)
Property Plant Equipment464.3M498.5M542.6M605.1M695.9M569.2M

Pair Trading with Madison Pacific

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 Madison Pacific 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 Madison Pacific will appreciate offsetting losses from the drop in the long position's value.

Moving together with Madison Stock

  0.71PIC-A Premium Income SplitPairCorr

Moving against Madison Stock

  0.35ELF E L FinancialPairCorr
  0.33FFH-PE Fairfax FinancialPairCorr
  0.32FFH-PH Fairfax FinancialPairCorr
  0.32FFH-PG Fairfax Fin HldPairCorr
The ability to find closely correlated positions to Madison Pacific could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Madison Pacific 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 Madison Pacific - 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 Madison Pacific Properties to buy it.
The correlation of Madison Pacific 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 Madison Pacific moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Madison Pacific Prop 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 Madison Pacific 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 CorrelationCorrelation Matching

Additional Tools for Madison Stock Analysis

When running Madison Pacific's price analysis, check to measure Madison Pacific's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Madison Pacific is operating at the current time. Most of Madison Pacific's value examination focuses on studying past and present price action to predict the probability of Madison Pacific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Madison Pacific's price. Additionally, you may evaluate how the addition of Madison Pacific to your portfolios can decrease your overall portfolio volatility.