Maple Retained Earnings vs Inventory Analysis

MFI Stock

CAD 22.75 0.38 1.64%

Maple Leaf financial indicator trend analysis is infinitely more than just investigating Maple Leaf Foods recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Maple Leaf Foods is a good investment. Please check the relationship between Maple Leaf Retained Earnings and its Inventory accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Maple Leaf Foods. 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.

Retained Earnings vs Inventory

Retained Earnings vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Maple Leaf Foods Retained Earnings account and Inventory. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Maple Leaf's Retained Earnings and Inventory is 0.43. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Inventory in the same time period over historical financial statements of Maple Leaf Foods, assuming nothing else is changed. The correlation between historical values of Maple Leaf's Retained Earnings and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Maple Leaf Foods are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Retained Earnings i.e., Maple Leaf's Retained Earnings and Inventory go up and down completely randomly.

Correlation Coefficient

0.43

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Inventory

Most indicators from Maple Leaf's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Maple Leaf Foods 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 Maple Leaf Foods. 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.

As of the 29th of November 2024, Selling General Administrative is likely to drop to about 344.5 M. In addition to that, Discontinued Operations is likely to drop to about 868.6 M

	2021	2022	2023	2024 (projected)
Gross Profit	659.1M	424.1M	451.4M	447.0M
Total Revenue	4.5B	4.7B	4.9B	4.9B

Gross Profit Total Revenue

Maple Leaf fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	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	Intangible Assets	Good Will
Total Assets		0.64	-0.17	0.7	0.35	0.95	0.28	0.61	0.23	0.68	-0.12	0.98	-0.19	-0.1	0.38	0.22	0.76	0.93	0.39	-0.34	0.79	0.74	0.7	0.32	0.45	-0.24
Short Long Term Debt Total	0.64		-0.35	0.74	-0.35	0.64	-0.18	0.98	-0.41	0.66	-0.4	0.68	0.38	-0.4	0.62	-0.15	0.86	0.53	0.23	-0.03	0.88	0.85	0.28	0.73	0.46	0.08
Other Current Liab	-0.17	-0.35		-0.38	0.2	-0.04	0.06	-0.38	0.26	-0.29	0.39	-0.22	0.07	0.37	-0.12	-0.06	-0.25	-0.13	-0.54	0.14	-0.3	-0.1	0.1	-0.52	-0.35	-0.33
Total Current Liabilities	0.7	0.74	-0.38		-0.16	0.6	0.06	0.68	-0.25	0.89	0.02	0.66	0.4	0.02	0.67	-0.02	0.7	0.53	0.14	-0.04	0.81	0.58	0.6	0.72	0.34	0.12
Total Stockholder Equity	0.35	-0.35	0.2	-0.16		0.34	0.58	-0.4	0.97	-0.24	0.4	0.28	-0.75	0.43	-0.63	0.46	-0.32	0.49	0.22	-0.62	-0.3	0.09	0.5	-0.24	-0.03	-0.67
Property Plant And Equipment Net	0.95	0.64	-0.04	0.6	0.34		0.07	0.62	0.29	0.58	-0.23	0.95	-0.22	-0.2	0.32	-0.01	0.75	0.95	0.36	-0.4	0.75	0.79	0.61	0.26	0.57	-0.28
Current Deferred Revenue	0.28	-0.18	0.06	0.06	0.58	0.07		-0.28	0.37	-0.02	0.65	0.18	-0.23	0.62	-0.12	0.88	-0.14	0.18	-0.09	-0.14	-0.1	-0.03	0.58	-0.04	-0.51	-0.49
Net Debt	0.61	0.98	-0.38	0.68	-0.4	0.62	-0.28		-0.44	0.63	-0.56	0.67	0.34	-0.55	0.61	-0.2	0.89	0.51	0.3	0.03	0.89	0.81	0.14	0.65	0.54	0.16
Retained Earnings	0.23	-0.41	0.26	-0.25	0.97	0.29	0.37	-0.44		-0.33	0.32	0.17	-0.76	0.36	-0.73	0.24	-0.4	0.43	0.22	-0.66	-0.39	0.06	0.37	-0.28	0.07	-0.62
Accounts Payable	0.68	0.66	-0.29	0.89	-0.24	0.58	-0.02	0.63	-0.33		-0.14	0.69	0.34	-0.15	0.73	-0.06	0.77	0.44	0.16	0.12	0.85	0.41	0.41	0.39	0.4	0.42
Cash	-0.12	-0.4	0.39	0.02	0.4	-0.23	0.65	-0.56	0.32	-0.14		-0.29	0.06	0.99	-0.15	0.42	-0.49	-0.18	-0.5	-0.18	-0.39	-0.24	0.58	-0.01	-0.65	-0.42
Non Current Assets Total	0.98	0.68	-0.22	0.66	0.28	0.95	0.18	0.67	0.17	0.69	-0.29		-0.19	-0.28	0.38	0.17	0.81	0.91	0.44	-0.27	0.82	0.74	0.55	0.29	0.54	-0.14
Non Currrent Assets Other	-0.19	0.38	0.07	0.4	-0.75	-0.22	-0.23	0.34	-0.76	0.34	0.06	-0.19		0.01	0.6	-0.23	0.23	-0.4	-0.52	0.67	0.29	0.08	-0.12	0.46	-0.2	0.35
Cash And Short Term Investments	-0.1	-0.4	0.37	0.02	0.43	-0.2	0.62	-0.55	0.36	-0.15	0.99	-0.28	0.01		-0.18	0.38	-0.49	-0.14	-0.47	-0.27	-0.39	-0.21	0.6	-0.01	-0.61	-0.44
Net Receivables	0.38	0.62	-0.12	0.67	-0.63	0.32	-0.12	0.61	-0.73	0.73	-0.15	0.38	0.6	-0.18		-0.12	0.78	0.18	-0.14	0.39	0.79	0.27	0.25	0.33	0.08	0.32
Common Stock Shares Outstanding	0.22	-0.15	-0.06	-0.02	0.46	-0.01	0.88	-0.2	0.24	-0.06	0.42	0.17	-0.23	0.38	-0.12		-0.1	0.09	-0.01	-0.02	-0.09	-0.06	0.35	-0.07	-0.58	-0.38
Non Current Liabilities Total	0.76	0.86	-0.25	0.7	-0.32	0.75	-0.14	0.89	-0.4	0.77	-0.49	0.81	0.23	-0.49	0.78	-0.1		0.62	0.26	0.08	0.98	0.68	0.28	0.37	0.5	0.2
Inventory	0.93	0.53	-0.13	0.53	0.49	0.95	0.18	0.51	0.43	0.44	-0.18	0.91	-0.4	-0.14	0.18	0.09	0.62		0.51	-0.53	0.63	0.73	0.66	0.27	0.55	-0.43
Other Current Assets	0.39	0.23	-0.54	0.14	0.22	0.36	-0.09	0.3	0.22	0.16	-0.5	0.44	-0.52	-0.47	-0.14	-0.01	0.26	0.51		-0.35	0.25	0.19	0.04	0.12	0.63	0.06
Other Stockholder Equity	-0.34	-0.03	0.14	-0.04	-0.62	-0.4	-0.14	0.03	-0.66	0.12	-0.18	-0.27	0.67	-0.27	0.39	-0.02	0.08	-0.53	-0.35		0.05	-0.34	-0.49	-0.13	-0.24	0.49
Total Liab	0.79	0.88	-0.3	0.81	-0.3	0.75	-0.1	0.89	-0.39	0.85	-0.39	0.82	0.29	-0.39	0.79	-0.09	0.98	0.63	0.25	0.05		0.69	0.38	0.48	0.49	0.19
Property Plant And Equipment Gross	0.74	0.85	-0.1	0.58	0.09	0.79	-0.03	0.81	0.06	0.41	-0.24	0.74	0.08	-0.21	0.27	-0.06	0.68	0.73	0.19	-0.34	0.69		0.45	0.63	0.46	-0.33
Total Current Assets	0.7	0.28	0.1	0.6	0.5	0.61	0.58	0.14	0.37	0.41	0.58	0.55	-0.12	0.6	0.25	0.35	0.28	0.66	0.04	-0.49	0.38	0.45		0.33	-0.04	-0.55
Short Term Debt	0.32	0.73	-0.52	0.72	-0.24	0.26	-0.04	0.65	-0.28	0.39	-0.01	0.29	0.46	-0.01	0.33	-0.07	0.37	0.27	0.12	-0.13	0.48	0.63	0.33		0.2	-0.11
Intangible Assets	0.45	0.46	-0.35	0.34	-0.03	0.57	-0.51	0.54	0.07	0.4	-0.65	0.54	-0.2	-0.61	0.08	-0.58	0.5	0.55	0.63	-0.24	0.49	0.46	-0.04	0.2		0.26
Good Will	-0.24	0.08	-0.33	0.12	-0.67	-0.28	-0.49	0.16	-0.62	0.42	-0.42	-0.14	0.35	-0.44	0.32	-0.38	0.2	-0.43	0.06	0.49	0.19	-0.33	-0.55	-0.11	0.26

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Maple Leaf Account Relationship Matchups

Maple Leaf fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.5B	3.9B	4.4B	4.4B	4.6B	3.1B
Short Long Term Debt Total	782.8M	986.2M	1.4B	1.9B	2.1B	2.2B
Other Current Liab	37.7M	45.9M	69.8M	94.7M	28.4M	27.0M
Total Current Liabilities	535.1M	667.0M	668.7M	633.9M	1.0B	666.0M
Total Stockholder Equity	1.9B	1.9B	2.0B	1.7B	1.5B	1.3B
Property Plant And Equipment Net	1.6B	1.9B	2.4B	2.5B	2.4B	1.3B
Current Deferred Revenue	11.0M	11.5M	12.3M	12.6M	14.4M	19.3M
Net Debt	685.6M	885.4M	1.3B	1.8B	1.9B	2.0B
Retained Earnings	1.1B	1.1B	1.2B	809.6M	597.4M	501.7M
Accounts Payable	445.8M	501.5M	526.2M	485.1M	548.4M	369.9M
Cash	97.3M	100.8M	162.0M	91.1M	203.4M	158.6M
Non Current Assets Total	2.6B	3.0B	3.4B	3.4B	3.4B	2.3B
Non Currrent Assets Other	(76.3M)	9.6M	11.6M	26.9M	106.3M	125.6M
Cash And Short Term Investments	97.3M	100.8M	162.0M	91.1M	203.4M	153.9M
Net Receivables	186.7M	193.1M	202.2M	273.7M	305.9M	179.1M
Common Stock Shares Outstanding	125.2M	124.3M	124.7M	123.6M	121.8M	133.8M
Liabilities And Stockholders Equity	3.5B	3.9B	4.4B	4.4B	4.6B	3.1B
Non Current Liabilities Total	1.0B	1.3B	1.7B	2.1B	2.1B	1.1B
Inventory	504.6M	523.7M	547.9M	630.1M	657.3M	392.9M
Other Current Assets	85.8M	65.1M	25.0M	50.9M	44.9M	46.4M
Other Stockholder Equity	(30.4M)	(18.1M)	(20.9M)	(25.9M)	(4.0M)	(3.8M)
Total Liab	1.6B	1.9B	2.3B	2.8B	3.1B	1.7B
Property Plant And Equipment Gross	1.6B	1.9B	3.9B	4.2B	4.3B	4.5B
Total Current Assets	874.3M	882.8M	937.1M	1.0B	1.2B	824.0M
Accumulated Other Comprehensive Income	2.8M	(13.4M)	(2.5M)	26.8M	47.8M	50.2M
Short Term Debt	40.4M	80.5M	36.6M	39.2M	438.8M	460.7M
Intangible Assets	352.7M	341.2M	365.3M	360.6M	345.1M	257.5M
Good Will	657.2M	652.5M	658.7M	477.4M	429.6M	536.9M
Common Stock Total Equity	835.2M	849.7M	840.0M	839.0M	755.1M	697.3M
Common Stock	840.0M	839.0M	847.0M	850.1M	873.5M	694.4M
Other Liab	286.7M	343.1M	288.7M	290.8M	334.5M	283.0M
Net Tangible Assets	940.0M	938.8M	1.0B	822.7M	740.4M	901.5M
Other Assets	12.5M	23.6M	51.6M	69.4M	62.5M	55.5M
Long Term Debt	538.4M	745.0M	1.2B	1.7B	1.6B	1.6B
Short Long Term Debt	899K	900K	5.2M	921K	400.7M	420.8M
Property Plant Equipment	1.6B	1.9B	2.4B	2.5B	2.8B	1.7B
Long Term Debt Total	742.4M	905.7M	1.4B	1.9B	2.1B	2.2B
Treasury Stock	(29.4M)	(30.4M)	(23.9M)	(26.2M)	(23.6M)	(24.8M)
Capital Lease Obligations	243.5M	240.2M	175.8M	182.9M	180.3M	150.2M

Pair Trading with Maple Leaf

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

Moving against Maple Stock

0.4	HPQ	HPQ Silicon Resources	Pair Corr
0.38	IZ	International Zeolite	Pair Corr

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

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

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

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Maple Retained Earnings vs Inventory Analysis

Retained Earnings vs Inventory

Retained Earnings vs Inventory Correlation Analysis

Correlation Coefficient

Retained Earnings

Inventory

Maple Leaf fundamental ratios Correlations

Maple Leaf Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Maple Leaf fundamental ratios Accounts

Pair Trading with Maple Leaf

Moving against Maple Stock

Other Information on Investing in Maple Stock

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Cash And Short Term Investments	+ 0.99	Cash
Non Current Assets Total	+ 0.98	Total Assets
Net Debt	+ 0.98	Short Long Term Debt Total
Total Liab	+ 0.98	Non Current Liabilities Total
Retained Earnings	+ 0.97	Total Stockholder Equity
Property Plant And Equipment Net	+ 0.95	Total Assets

Non Currrent Assets Other	- 0.76	Retained Earnings
Non Currrent Assets Other	- 0.75	Total Stockholder Equity
Net Receivables	- 0.73	Retained Earnings
Good Will	- 0.67	Total Stockholder Equity
Other Stockholder Equity	- 0.66	Retained Earnings
Intangible Assets	- 0.65	Cash