Melcor Payout Ratio vs Price To Sales Ratio Analysis
| MRD Stock | CAD 13.13 0.08 0.61% |
Melcor Developments financial indicator trend analysis is infinitely more than just investigating Melcor Developments recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Melcor Developments is a good investment. Please check the relationship between Melcor Developments Payout Ratio and its Price To Sales Ratio accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Melcor Developments. 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.
Payout Ratio vs Price To Sales Ratio
Payout Ratio vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Melcor Developments Payout Ratio account and Price To Sales Ratio. At this time, the significance of the direction appears to have no relationship.
The correlation between Melcor Developments' Payout Ratio and Price To Sales Ratio is 0.06. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Melcor Developments, assuming nothing else is changed. The correlation between historical values of Melcor Developments' Payout Ratio and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of Melcor Developments are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Payout Ratio i.e., Melcor Developments' Payout Ratio and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.06 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Payout Ratio
Payout Ratio is the proportion of Melcor Developments earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Melcor Developments dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Melcor Developments is paying out more in dividends than it makes in net income.Price To Sales Ratio
Price to Sales Ratio is figured by comparing Melcor Developments stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Melcor Developments sales, a figure that is much harder to manipulate than other Melcor Developments multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Most indicators from Melcor Developments' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Melcor Developments 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 Melcor Developments. 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. At this time, Melcor Developments' Tax Provision is very stable compared to the past year. As of the 22nd of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.09, while Selling General Administrative is likely to drop about 15.2 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 22.9M | 24.4M | 39.5M | 41.5M | Depreciation And Amortization | 203.2M | 152.7M | 202.1M | 212.2M |
Melcor Developments fundamental ratios Correlations
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Melcor Developments Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Melcor Developments fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 2.1B | 2.0B | 2.1B | 2.2B | 2.1B | 1.1B | |
| Short Long Term Debt Total | 821.8M | 721.8M | 716.9M | 740.4M | 670.2M | 377.4M | |
| Total Current Liabilities | 42.8M | 35.9M | 54.6M | 51.7M | 47.7M | 49.9M | |
| Total Stockholder Equity | 1.1B | 1.1B | 1.1B | 1.2B | 1.2B | 1.3B | |
| Property Plant And Equipment Net | 13.5M | 13.1M | 12.9M | 12.2M | 11.7M | 11.1M | |
| Net Debt | 714.4M | 692.6M | 657.0M | 659.9M | 633.8M | 348.7M | |
| Retained Earnings | 982.1M | 981.6M | 1.0B | 1.1B | 1.1B | 1.2B | |
| Accounts Payable | 17.6M | 11.8M | 9.8M | 19.3M | 18.7M | 18.8M | |
| Cash | 37.0M | 29.2M | 59.9M | 80.5M | 36.4M | 20.7M | |
| Non Current Assets Total | 1.2B | 1.1B | 1.2B | 1.2B | 1.2B | 1.2B | |
| Non Currrent Assets Other | 1.2B | (867.7M) | (941.6M) | 1.2B | 1.1B | 1.2B | |
| Cash And Short Term Investments | 37.0M | 29.2M | 59.9M | 80.5M | 36.4M | 20.7M | |
| Net Receivables | 93.2M | 89.0M | 138.2M | 113.6M | 139.7M | 106.3M | |
| Common Stock Shares Outstanding | 33.3M | 33.3M | 33.2M | 32.6M | 31.1M | 35.3M | |
| Liabilities And Stockholders Equity | 2.1B | 2.0B | 2.1B | 2.2B | 2.1B | 1.1B | |
| Non Current Liabilities Total | 973.0M | 887.9M | 942.8M | 937.0M | 840.2M | 478.9M | |
| Other Current Assets | (885.0M) | 7.4M | 4.8M | 22.3M | (904.7M) | (859.4M) | |
| Other Stockholder Equity | 4.1M | (976.7M) | (1.0B) | (1.1B) | (1.1B) | (1.1B) | |
| Total Liab | 1.0B | 923.9M | 997.5M | 988.7M | 887.9M | 528.8M | |
| Property Plant And Equipment Gross | 13.5M | 13.1M | 12.9M | 12.2M | 11.7M | 11.1M | |
| Total Current Assets | 884.6M | 854.6M | 928.7M | 965.8M | 937.9M | 504.3M | |
| Accumulated Other Comprehensive Income | 21.5M | 18.6M | 17.9M | 29.6M | 24.7M | 25.9M | |
| Other Current Liab | 25.2M | 24.1M | 44.8M | 32.5M | 29.0M | 22.0M | |
| Current Deferred Revenue | (68.4M) | (76.2M) | (40.8M) | (54.2M) | (45.6M) | (47.9M) | |
| Short Term Debt | 70.5M | 76.2M | 40.8M | 54.2M | 45.6M | 54.2M | |
| Common Stock Total Equity | 72.7M | 72.8M | 72.6M | 72.3M | 83.1M | 56.2M | |
| Inventory | 754.3M | 729.0M | 725.8M | 749.5M | 728.6M | 681.3M | |
| Common Stock | 72.6M | 72.3M | 73.3M | 70.2M | 69.5M | 60.9M | |
| Short Term Investments | 6.8M | 4.9M | 6.9M | 5.8M | 7.1M | 6.0M | |
| Other Liab | 113.4M | 101.4M | 135.9M | 122.9M | 110.6M | 136.2M | |
| Net Tangible Assets | 1.1B | 1.1B | 1.1B | 1.2B | 1.4B | 1.1B | |
| Other Assets | 35.8M | 33.0M | 31.2M | 2.8M | 2.5M | 2.4M | |
| Long Term Debt | 751.4M | 721.8M | 716.9M | 740.4M | 670.2M | 708.3M | |
| Deferred Long Term Liab | 35.8M | 33.0M | 31.2M | 34.0M | 30.6M | 27.4M | |
| Property Plant Equipment | 1.2B | 1.1B | 1.1B | 12.2M | 14.1M | 13.4M | |
| Long Term Debt Total | 751.4M | 721.8M | 716.9M | 740.4M | 851.4M | 742.9M | |
| Capital Surpluse | 4.1M | 4.9M | 4.7M | 4.8M | 5.5M | 4.2M | |
| Non Current Liabilities Other | 106.6M | 63.0M | 88.3M | 71.9M | 53.8M | 68.8M | |
| Cash And Equivalents | 37.0M | 29.2M | 59.9M | 80.5M | 92.5M | 49.6M |
Pair Trading with Melcor Developments
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 Melcor Developments 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 Melcor Developments will appreciate offsetting losses from the drop in the long position's value.Moving together with Melcor Stock
The ability to find closely correlated positions to Melcor Developments could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Melcor Developments 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 Melcor Developments - 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 Melcor Developments to buy it.
The correlation of Melcor Developments 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 Melcor Developments moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Melcor Developments 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 Melcor Developments 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 Melcor Stock
Balance Sheet is a snapshot of the financial position of Melcor Developments at a specified time, usually calculated after every quarter, six months, or one year. Melcor Developments Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Melcor Developments 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 Melcor currently owns. An asset can also be divided into two categories, current and non-current.