Royal Canadian Mint Stock Total Debt
| MNS Stock | CAD 24.48 0.48 2.00% |
Royal Canadian Mint fundamentals help investors to digest information that contributes to Royal Canadian's financial success or failures. It also enables traders to predict the movement of Royal Stock. The fundamental analysis module provides a way to measure Royal Canadian's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Royal Canadian stock.
As of the 2nd of December 2024, Total Debt To Capitalization is likely to drop to 0.07. Royal | Total Debt |
Royal Canadian Mint Company Total Debt Analysis
Royal Canadian's Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Royal Total Debt Driver Correlations
Understanding the fundamental principles of building solid financial models for Royal Canadian is extremely important. It helps to project a fair market value of Royal Stock properly, considering its historical fundamentals such as Total Debt. Since Royal Canadian's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Royal Canadian's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Royal Canadian's interrelated accounts and indicators.
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In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
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Royal Net Debt To E B I T D A
Net Debt To E B I T D A |
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Based on the latest financial disclosure, Royal Canadian Mint has a Total Debt of 0.0. This is 100.0% lower than that of the Textiles, Apparel & Luxury Goods sector and about the same as Consumer Discretionary (which currently averages 0.0) industry. The total debt for all Canada stocks is 100.0% higher than that of the company.
Royal Total Debt Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Royal Canadian's direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Royal Canadian could also be used in its relative valuation, which is a method of valuing Royal Canadian by comparing valuation metrics of similar companies.Royal Canadian is currently under evaluation in total debt category among its peers.
Royal Fundamentals
| Current Valuation | (44.98 M) | ||||
| Market Capitalization | 58.62 K |
About Royal Canadian Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Royal Canadian Mint's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Royal Canadian using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Royal Canadian Mint based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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
Moving against 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
Royal Canadian financial ratios help investors to determine whether Royal Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Royal with respect to the benefits of owning Royal Canadian security.