MDA Historical Financial Ratios
| MDA Stock | CAD 28.50 0.11 0.39% |
MDA is lately reporting on over 94 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Days Sales Outstanding of 217 will help investors to properly organize and evaluate MDA financial condition quickly.
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About MDA Financial Ratios Analysis
MDAFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate MDA investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on MDA financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across MDA history.
MDA Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing MDA stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on MDA sales, a figure that is much harder to manipulate than other MDA 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.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to MDA. There are two different methods for calculating MDA invested capital: operating approach and financing approach. Understanding MDA invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.Income Quality
An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.Most ratios from MDA's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into MDA current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 MDA. 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, MDA's ROIC is very stable compared to the past year. As of the 14th of December 2024, Net Income Per Share is likely to grow to 0.43, while Book Value Per Share is likely to drop 5.86.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 144.96 | 177.38 | 180.74 | 216.58 | PTB Ratio | 1.17 | 0.76 | 1.29 | 1.91 |
MDA fundamentals Correlations
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MDA Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with MDA
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 MDA 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 MDA will appreciate offsetting losses from the drop in the long position's value.Moving against MDA Stock
| 0.48 | KDA | KDA Group Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to MDA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MDA 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 MDA - 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 MDA to buy it.
The correlation of MDA 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 MDA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MDA 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 MDA 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 MDA Stock
MDAFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate MDA investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on MDA financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across MDA history.