Morguard Historical Balance Sheet

MRC Stock

CAD 116.75 0.97 0.84%

Trend analysis of Morguard balance sheet accounts such as Total Current Liabilities of 2.1 B provides information on Morguard's total assets, liabilities, and equity, which is the actual value of Morguard to its prevalent stockholders. By breaking down trends over time using Morguard balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Morguard latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Morguard is a good buy for the upcoming year.

Morguard Inventory

399.04 Million

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Morguard. 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.

About Morguard Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Morguard at a specified time, usually calculated after every quarter, six months, or one year. Morguard Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Morguard 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 Morguard currently owns. An asset can also be divided into two categories, current and non-current.

Morguard Balance Sheet Chart

At this time, Morguard's Non Current Assets Total are very stable compared to the past year. As of the 25th of November 2024, Net Receivables is likely to grow to about 173.8 M, while Other Current Liabilities is likely to drop about 7.2 M.

Total Assets Short Long Term Debt Total Other Current Liab Total Current Liabilities Net Receivables

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Total Assets

Total assets refers to the total amount of Morguard assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Morguard books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Morguard balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Morguard are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Most accounts from Morguard's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Morguard current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Morguard. 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.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	6.3B	6.3B	5.8B	6.1B
Total Assets	11.5B	11.7B	11.6B	12.2B

Short Long Term Debt Total Total Assets

Morguard balance sheet 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	Non Current Assets Total	Non Currrent Assets Other	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	Cash	Cash And Short Term Investments	Good Will	Intangible Assets	Current Deferred Revenue
Total Assets		0.99	-0.08	0.85	0.97	-0.16	1.0	0.96	0.79	1.0	0.63	0.29	-0.87	0.9	0.06	-0.21	-0.32	1.0	-0.02	0.4	0.82	0.6	0.6	-0.64	0.57	-0.42
Short Long Term Debt Total	0.99		-0.05	0.81	0.94	-0.14	1.0	0.93	0.82	0.99	0.71	0.26	-0.83	0.92	0.02	-0.14	-0.25	1.0	-0.02	0.36	0.78	0.61	0.61	-0.58	0.61	-0.36
Other Current Liab	-0.08	-0.05		-0.24	-0.03	0.92	-0.08	-0.03	-0.2	-0.06	0.23	-0.6	-0.15	0.04	-0.4	0.36	0.32	-0.08	0.86	-0.5	-0.24	-0.17	-0.17	-0.21	0.15	-0.28
Total Current Liabilities	0.85	0.81	-0.24		0.86	-0.26	0.84	0.85	0.66	0.83	0.26	0.64	-0.67	0.58	0.52	-0.59	-0.71	0.85	-0.04	0.77	1.0	0.39	0.39	-0.45	0.34	-0.21
Total Stockholder Equity	0.97	0.94	-0.03	0.86		-0.13	0.96	1.0	0.68	0.97	0.52	0.25	-0.93	0.83	0.09	-0.27	-0.41	0.96	0.02	0.39	0.85	0.54	0.54	-0.74	0.51	-0.54
Property Plant And Equipment Net	-0.16	-0.14	0.92	-0.26	-0.13		-0.16	-0.12	-0.25	-0.14	0.08	-0.48	-0.06	-0.07	-0.29	0.18	0.23	-0.16	0.96	-0.44	-0.25	-0.14	-0.14	-0.15	0.13	-0.22
Net Debt	1.0	1.0	-0.08	0.84	0.96	-0.16		0.95	0.81	1.0	0.65	0.31	-0.84	0.9	0.08	-0.21	-0.32	1.0	-0.02	0.41	0.82	0.58	0.58	-0.6	0.58	-0.37
Retained Earnings	0.96	0.93	-0.03	0.85	1.0	-0.12	0.95		0.66	0.96	0.5	0.23	-0.93	0.82	0.09	-0.27	-0.41	0.95	0.03	0.38	0.84	0.54	0.54	-0.76	0.52	-0.56
Accounts Payable	0.79	0.82	-0.2	0.66	0.68	-0.25	0.81	0.66		0.79	0.67	0.31	-0.51	0.86	0.02	0.0	-0.11	0.81	-0.21	0.38	0.62	0.6	0.6	-0.22	0.45	-0.03
Non Current Assets Total	1.0	0.99	-0.06	0.83	0.97	-0.14	1.0	0.96	0.79		0.65	0.26	-0.88	0.91	0.02	-0.18	-0.29	1.0	-0.02	0.36	0.8	0.61	0.61	-0.66	0.59	-0.44
Non Currrent Assets Other	0.63	0.71	0.23	0.26	0.52	0.08	0.65	0.5	0.67	0.65		-0.25	-0.47	0.82	-0.49	0.5	0.43	0.65	0.01	-0.18	0.22	0.54	0.54	-0.26	0.64	-0.15
Net Receivables	0.29	0.26	-0.6	0.64	0.25	-0.48	0.31	0.23	0.31	0.26	-0.25		0.01	0.0	0.83	-0.75	-0.76	0.31	-0.29	0.93	0.65	0.05	0.05	0.16	-0.12	0.34
Common Stock Shares Outstanding	-0.87	-0.83	-0.15	-0.67	-0.93	-0.06	-0.84	-0.93	-0.51	-0.88	-0.47	0.01		-0.79	0.16	0.15	0.26	-0.84	-0.16	-0.11	-0.66	-0.6	-0.6	0.93	-0.46	0.8
Non Current Liabilities Total	0.9	0.92	0.04	0.58	0.83	-0.07	0.9	0.82	0.86	0.91	0.82	0.0	-0.79		-0.27	0.13	0.03	0.9	-0.05	0.08	0.54	0.68	0.68	-0.57	0.59	-0.41
Inventory	0.06	0.02	-0.4	0.52	0.09	-0.29	0.08	0.09	0.02	0.02	-0.49	0.83	0.16	-0.27		-0.88	-0.89	0.08	-0.06	0.87	0.54	-0.35	-0.35	0.28	-0.24	0.43
Other Current Assets	-0.21	-0.14	0.36	-0.59	-0.27	0.18	-0.21	-0.27	0.0	-0.18	0.5	-0.75	0.15	0.13	-0.88		0.96	-0.21	-0.05	-0.75	-0.62	0.15	0.15	0.11	0.12	-0.03
Other Stockholder Equity	-0.32	-0.25	0.32	-0.71	-0.41	0.23	-0.32	-0.41	-0.11	-0.29	0.43	-0.76	0.26	0.03	-0.89	0.96		-0.32	-0.03	-0.83	-0.74	0.13	0.13	0.18	0.13	0.02
Total Liab	1.0	1.0	-0.08	0.85	0.96	-0.16	1.0	0.95	0.81	1.0	0.65	0.31	-0.84	0.9	0.08	-0.21	-0.32		-0.03	0.42	0.82	0.59	0.59	-0.6	0.58	-0.37
Property Plant And Equipment Gross	-0.02	-0.02	0.86	-0.04	0.02	0.96	-0.02	0.03	-0.21	-0.02	0.01	-0.29	-0.16	-0.05	-0.06	-0.05	-0.03	-0.03		-0.2	-0.02	-0.16	-0.16	-0.21	0.13	-0.23
Total Current Assets	0.4	0.36	-0.5	0.77	0.39	-0.44	0.41	0.38	0.38	0.36	-0.18	0.93	-0.11	0.08	0.87	-0.75	-0.83	0.42	-0.2		0.78	0.09	0.09	0.09	-0.14	0.29
Short Term Debt	0.82	0.78	-0.24	1.0	0.85	-0.25	0.82	0.84	0.62	0.8	0.22	0.65	-0.66	0.54	0.54	-0.62	-0.74	0.82	-0.02	0.78		0.36	0.36	-0.45	0.31	-0.22
Cash	0.6	0.61	-0.17	0.39	0.54	-0.14	0.58	0.54	0.6	0.61	0.54	0.05	-0.6	0.68	-0.35	0.15	0.13	0.59	-0.16	0.09	0.36		1.0	-0.52	0.2	-0.45
Cash And Short Term Investments	0.6	0.61	-0.17	0.39	0.54	-0.14	0.58	0.54	0.6	0.61	0.54	0.05	-0.6	0.68	-0.35	0.15	0.13	0.59	-0.16	0.09	0.36	1.0		-0.52	0.2	-0.45
Good Will	-0.64	-0.58	-0.21	-0.45	-0.74	-0.15	-0.6	-0.76	-0.22	-0.66	-0.26	0.16	0.93	-0.57	0.28	0.11	0.18	-0.6	-0.21	0.09	-0.45	-0.52	-0.52		-0.3	0.96
Intangible Assets	0.57	0.61	0.15	0.34	0.51	0.13	0.58	0.52	0.45	0.59	0.64	-0.12	-0.46	0.59	-0.24	0.12	0.13	0.58	0.13	-0.14	0.31	0.2	0.2	-0.3		-0.18
Current Deferred Revenue	-0.42	-0.36	-0.28	-0.21	-0.54	-0.22	-0.37	-0.56	-0.03	-0.44	-0.15	0.34	0.8	-0.41	0.43	-0.03	0.02	-0.37	-0.23	0.29	-0.22	-0.45	-0.45	0.96	-0.18

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Morguard Account Relationship Matchups

Morguard balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	11.7B	11.1B	11.5B	11.7B	11.6B	12.2B
Short Long Term Debt Total	6.4B	6.3B	6.3B	6.3B	5.8B	6.1B
Other Current Liab	27.2M	24.0M	20.4M	35.3M	7.6M	7.2M
Total Current Liabilities	1.2B	1.2B	1.1B	1.5B	2.0B	2.1B
Total Stockholder Equity	3.5B	3.4B	3.6B	3.9B	3.9B	4.1B
Property Plant And Equipment Net	650.3M	565.1M	475.8M	356.8M	105.9M	100.6M
Net Debt	5.8B	5.7B	5.6B	5.7B	5.7B	6.0B
Retained Earnings	3.2B	3.1B	3.4B	3.5B	3.5B	3.7B
Accounts Payable	185.9M	178.8M	190.0M	208.4M	211.1M	131.4M
Non Current Assets Total	11.5B	10.8B	11.2B	11.4B	11.0B	11.6B
Non Currrent Assets Other	10.4B	9.8B	10.4B	10.7B	509.0M	483.5M
Net Receivables	80.6M	92.9M	70.2M	80.2M	165.6M	173.8M
Common Stock Shares Outstanding	11.3M	11.2M	11.1M	11.1M	10.9M	11.2M
Liabilities And Stockholders Equity	11.7B	11.1B	11.5B	11.7B	11.6B	12.2B
Non Current Liabilities Total	6.2B	5.9B	6.2B	5.9B	5.3B	2.9B
Other Current Assets	19.1M	37.8M	41.6M	147.2M	(282.1M)	(268.0M)
Other Stockholder Equity	207.9M	162.3M	180.0M	300.3M	(3.5B)	(3.4B)
Total Liab	7.4B	7.1B	7.3B	7.3B	7.3B	7.6B
Property Plant And Equipment Gross	651.8M	566.6M	720.0M	476.1M	482.5M	769.5M
Total Current Assets	222.9M	272.8M	285.5M	339.1M	606.3M	636.6M
Accumulated Other Comprehensive Income	207.9M	162.3M	180.0M	300.3M	258.5M	271.4M
Short Term Debt	919.9M	973.0M	865.9M	1.2B	1.8B	1.9B
Cash	123.2M	142.1M	173.7M	111.8M	116.5M	75.4M
Cash And Short Term Investments	123.2M	142.1M	173.7M	111.8M	116.5M	75.4M
Intangible Assets	38.0M	33.7M	27.7M	21.1M	14.6M	27.3M
Current Deferred Revenue	27.9M	27.9M	28.2M	25.1M	26.5M	30.5M
Common Stock Total Equity	107.0M	102.4M	102.4M	100.9M	90.8M	85.8M
Common Stock	102.4M	100.9M	100.9M	100.2M	98.4M	84.3M
Other Liab	733.8M	648.2M	784.8M	821.4M	944.7M	699.7M
Net Tangible Assets	3.5B	3.3B	3.6B	3.8B	4.4B	3.4B
Other Assets	260.5M	230.8M	269.1M	74.7M	85.9M	81.6M
Long Term Debt	5.3B	4.7B	5.3B	4.9B	3.9B	4.7B
Long Term Investments	391.6M	332.1M	257.8M	224.5M	193.4M	269.1M
Short Long Term Debt	918.2M	971.2M	864.1M	1.2B	1.8B	1.2B
Property Plant Equipment	10.8B	10.2B	10.6B	1.1M	1.2M	1.2M
Long Term Debt Total	5.5B	5.3B	5.4B	5.0B	5.8B	5.3B
Capital Lease Obligations	166.1M	164.3M	168.3M	172.5M	170.8M	136.1M

Pair Trading with Morguard

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

Moving together with Morguard Stock

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Pair Corr

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

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

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Morguard Historical Balance Sheet

Morguard Inventory

399.04 Million

About Morguard Balance Sheet Analysis

Morguard Balance Sheet Chart

Total Assets

Total Current Liabilities

Morguard balance sheet Correlations

Morguard Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Morguard balance sheet Accounts

Pair Trading with Morguard

Moving together with Morguard Stock

Other Information on Investing in Morguard Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Short Term Debt	+ 1.0	Total Current Liabilities

Common Stock Shares Outstanding	- 0.93	Retained Earnings
Common Stock Shares Outstanding	- 0.93	Total Stockholder Equity
Other Stockholder Equity	- 0.89	Inventory
Other Current Assets	- 0.88	Inventory
Common Stock Shares Outstanding	- 0.88	Non Current Assets Total
Common Stock Shares Outstanding	- 0.87	Total Assets