Minto Retained Earnings vs Short Term Debt Analysis

MI-UN Stock

CAD 14.70 0.07 0.48%

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

Retained Earnings vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Minto Apartment Real Retained Earnings account and Short Term Debt. At this time, the significance of the direction appears to have very week relationship.

The correlation between Minto Apartment's Retained Earnings and Short Term Debt is 0.21. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Minto Apartment Real, assuming nothing else is changed. The correlation between historical values of Minto Apartment's Retained Earnings and Short Term Debt 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 Minto Apartment Real are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Retained Earnings i.e., Minto Apartment's Retained Earnings and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.21

Relationship Direction	Positive
Relationship Strength	Very Weak

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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.

Short Term Debt

Most indicators from Minto Apartment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Minto Apartment Real 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 Minto Apartment Real. 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, Minto Apartment's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 90.12 in 2024, whereas Selling General Administrative is likely to drop slightly above 6.4 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	76.2M	87.8M	99.2M	68.3M
Total Revenue	123.5M	143.8M	157.9M	112.7M

Gross Profit Total Revenue

Minto Apartment fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Retained Earnings
Total Assets		0.94	-0.34	0.77	0.98	0.84	0.96	1.0	0.99	0.94	0.79	1.0	-0.37	0.76	0.86	0.84	0.88	0.95	0.43	-0.43	0.99	0.74	0.76	0.95	0.99	-0.19
Short Long Term Debt Total	0.94		-0.3	0.79	0.97	0.63	0.98	0.92	0.94	1.0	0.74	0.93	-0.15	0.74	0.84	0.88	0.94	0.82	0.51	-0.35	0.89	0.8	0.78	0.92	0.95	0.07
Other Current Liab	-0.34	-0.3		-0.76	-0.35	-0.27	-0.27	-0.37	-0.29	-0.3	-0.56	-0.37	0.13	-0.67	0.07	-0.07	-0.17	-0.16	0.41	0.11	-0.33	0.1	-0.77	-0.28	-0.3	0.01
Total Current Liabilities	0.77	0.79	-0.76		0.79	0.48	0.74	0.77	0.73	0.79	0.82	0.77	-0.15	0.92	0.39	0.65	0.64	0.55	0.14	-0.36	0.72	0.5	0.99	0.68	0.73	0.18
Total Stockholder Equity	0.98	0.97	-0.35	0.79		0.74	0.98	0.97	0.97	0.97	0.84	0.98	-0.27	0.81	0.85	0.84	0.93	0.87	0.39	-0.42	0.94	0.73	0.8	0.97	0.97	-0.03
Other Liab	0.84	0.63	-0.27	0.48	0.74		0.7	0.87	0.85	0.62	0.55	0.86	-0.63	0.5	0.74	0.58	0.57	0.94	0.29	-0.38	0.91	0.52	0.48	0.78	0.83	-0.64
Net Tangible Assets	0.96	0.98	-0.27	0.74	0.98	0.7		0.95	0.96	0.98	0.75	0.95	-0.23	0.72	0.88	0.85	0.92	0.88	0.47	-0.4	0.93	0.76	0.73	0.94	0.98	-0.01
Property Plant And Equipment Net	1.0	0.92	-0.37	0.77	0.97	0.87	0.95		0.99	0.92	0.8	1.0	-0.41	0.77	0.85	0.81	0.86	0.94	0.39	-0.44	0.99	0.71	0.77	0.96	0.98	-0.22
Current Deferred Revenue	0.99	0.94	-0.29	0.73	0.97	0.85	0.96	0.99		0.94	0.76	0.99	-0.36	0.73	0.88	0.86	0.85	0.96	0.49	-0.46	0.99	0.78	0.73	0.94	0.99	-0.19
Net Debt	0.94	1.0	-0.3	0.79	0.97	0.62	0.98	0.92	0.94		0.74	0.93	-0.14	0.74	0.84	0.88	0.94	0.82	0.51	-0.35	0.89	0.8	0.78	0.92	0.95	0.07
Accounts Payable	0.79	0.74	-0.56	0.82	0.84	0.55	0.75	0.8	0.76	0.74		0.8	-0.11	0.96	0.52	0.63	0.7	0.61	0.05	-0.45	0.72	0.47	0.89	0.75	0.73	0.19
Non Current Assets Total	1.0	0.93	-0.37	0.77	0.98	0.86	0.95	1.0	0.99	0.93	0.8		-0.39	0.78	0.85	0.82	0.87	0.94	0.39	-0.43	0.99	0.72	0.77	0.96	0.98	-0.21
Non Currrent Assets Other	-0.37	-0.15	0.13	-0.15	-0.27	-0.63	-0.23	-0.41	-0.36	-0.14	-0.11	-0.39		-0.06	-0.29	-0.05	-0.12	-0.49	0.05	0.64	-0.44	-0.02	-0.09	-0.37	-0.36	0.63
Other Assets	0.76	0.74	-0.67	0.92	0.81	0.5	0.72	0.77	0.73	0.74	0.96	0.78	-0.06		0.42	0.63	0.66	0.55	0.04	-0.36	0.7	0.46	0.96	0.69	0.7	0.22
Long Term Debt	0.86	0.84	0.07	0.39	0.85	0.74	0.88	0.85	0.88	0.84	0.52	0.85	-0.29	0.42		0.76	0.89	0.89	0.56	-0.26	0.85	0.74	0.39	0.92	0.88	-0.28
Net Receivables	0.84	0.88	-0.07	0.65	0.84	0.58	0.85	0.81	0.86	0.88	0.63	0.82	-0.05	0.63	0.76		0.79	0.77	0.79	-0.38	0.81	0.98	0.64	0.79	0.83	0.1
Common Stock Shares Outstanding	0.88	0.94	-0.17	0.64	0.93	0.57	0.92	0.86	0.85	0.94	0.7	0.87	-0.12	0.66	0.89	0.79		0.76	0.42	-0.21	0.8	0.7	0.65	0.94	0.87	0.03
Non Current Liabilities Total	0.95	0.82	-0.16	0.55	0.87	0.94	0.88	0.94	0.96	0.82	0.61	0.94	-0.49	0.55	0.89	0.77	0.76		0.49	-0.4	0.98	0.72	0.54	0.89	0.95	-0.43
Other Current Assets	0.43	0.51	0.41	0.14	0.39	0.29	0.47	0.39	0.49	0.51	0.05	0.39	0.05	0.04	0.56	0.79	0.42	0.49		-0.2	0.44	0.9	0.09	0.39	0.46	0.03
Other Stockholder Equity	-0.43	-0.35	0.11	-0.36	-0.42	-0.38	-0.4	-0.44	-0.46	-0.35	-0.45	-0.43	0.64	-0.36	-0.26	-0.38	-0.21	-0.4	-0.2		-0.43	-0.33	-0.35	-0.41	-0.42	-0.06
Total Liab	0.99	0.89	-0.33	0.72	0.94	0.91	0.93	0.99	0.99	0.89	0.72	0.99	-0.44	0.7	0.85	0.81	0.8	0.98	0.44	-0.43		0.73	0.71	0.92	0.98	-0.31
Total Current Assets	0.74	0.8	0.1	0.5	0.73	0.52	0.76	0.71	0.78	0.8	0.47	0.72	-0.02	0.46	0.74	0.98	0.7	0.72	0.9	-0.33	0.73		0.48	0.7	0.75	0.07
Short Term Debt	0.76	0.78	-0.77	0.99	0.8	0.48	0.73	0.77	0.73	0.78	0.89	0.77	-0.09	0.96	0.39	0.64	0.65	0.54	0.09	-0.35	0.71	0.48		0.69	0.72	0.21
Common Stock	0.95	0.92	-0.28	0.68	0.97	0.78	0.94	0.96	0.94	0.92	0.75	0.96	-0.37	0.69	0.92	0.79	0.94	0.89	0.39	-0.41	0.92	0.7	0.69		0.94	-0.19
Property Plant Equipment	0.99	0.95	-0.3	0.73	0.97	0.83	0.98	0.98	0.99	0.95	0.73	0.98	-0.36	0.7	0.88	0.83	0.87	0.95	0.46	-0.42	0.98	0.75	0.72	0.94		-0.19
Retained Earnings	-0.19	0.07	0.01	0.18	-0.03	-0.64	-0.01	-0.22	-0.19	0.07	0.19	-0.21	0.63	0.22	-0.28	0.1	0.03	-0.43	0.03	-0.06	-0.31	0.07	0.21	-0.19	-0.19

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Minto Apartment Account Relationship Matchups

Minto Apartment fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.1B	2.2B	2.4B	2.7B	2.7B	2.0B
Short Long Term Debt Total	580.3M	630.0M	681.7M	903.5M	930.1M	647.8M
Other Current Liab	(57.9M)	20.7M	(12.4M)	(102.4M)	17.9M	18.8M
Total Current Liabilities	121.6M	70.0M	88.3M	427.6M	137.0M	115.6M
Total Stockholder Equity	686.8M	850.2M	1.0B	1.2B	1.1B	758.6M
Other Liab	537.4M	475.8M	503.4M	366.4M	421.4M	395.2M
Net Tangible Assets	686.8M	850.2M	1.0B	1.2B	1.4B	705.3M
Property Plant And Equipment Net	2.0B	2.1B	2.3B	2.6B	2.4B	1.9B
Current Deferred Revenue	8.7M	9.0M	10.1M	10.5M	11.3M	9.0M
Net Debt	578.4M	627.4M	678.8M	898.2M	926.3M	645.7M
Accounts Payable	5.6M	8.3M	23.8M	28.7M	8.6M	11.3M
Non Current Assets Total	2.0B	2.1B	2.4B	2.6B	2.5B	1.9B
Non Currrent Assets Other	(2.0B)	(2.2B)	35.2M	68.1M	87.9M	92.3M
Long Term Debt	580.3M	630.0M	681.7M	507.5M	747.7M	577.1M
Net Receivables	21.7M	44.0M	65.4M	101.6M	136.5M	143.3M
Common Stock Shares Outstanding	47.1M	59.0M	59.7M	64.9M	65.6M	51.6M
Liabilities And Stockholders Equity	2.1B	2.2B	2.4B	2.7B	2.7B	2.0B
Non Current Liabilities Total	1.2B	1.3B	1.3B	1.1B	1.5B	1.1B
Other Current Assets	9.2M	18.5M	4.0M	3.8M	88.6M	93.0M
Other Stockholder Equity	(14.0M)	(249.0M)	(295.9M)	(502.7M)	(366.4M)	(384.7M)
Total Liab	1.4B	1.4B	1.4B	1.5B	1.6B	1.2B
Total Current Assets	32.9M	65.2M	79.8M	110.7M	228.8M	240.3M
Short Term Debt	91.0M	31.9M	124.0M	396.0M	99.2M	95.6M
Property Plant Equipment	2.0B	2.1B	2.3B	2.6B	2.9B	1.8B
Retained Earnings	55.3M	218.8M	295.9M	502.7M	366.4M	343.0M
Accumulated Other Comprehensive Income	258.3M	(14.0M)	(30.2M)	(47.3M)	(66.4M)	0.0
Net Invested Capital	580.3M	630.0M	681.7M	2.1B	2.0B	1.1B
Net Working Capital	(7.8M)	(7.2M)	53.7M	(316.9M)	2.7M	2.8M
Cash	1.9M	2.6M	2.9M	5.3M	3.7M	3.2M
Cash And Short Term Investments	1.9M	2.6M	2.9M	5.3M	3.7M	3.2M
Short Long Term Debt	27.1M	31.9M	55.5M	396.0M	182.4M	129.1M
Non Current Liabilities Other	752.6M	683.7M	712.5M	580.4M	644.1M	532.0M

Pair Trading with Minto Apartment

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

Moving together with Minto Stock

0.77	AEMC	Alaska Energy Metals	Pair Corr
0.68	CMC	Cielo Waste Solutions	Pair Corr

Moving against Minto Stock

0.94	LQWD	LQwD FinTech Corp	Pair Corr
0.72	ERC	Eros Resources Corp	Pair Corr

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

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

Additional Tools for Minto Stock Analysis

When running Minto Apartment's price analysis, check to measure Minto Apartment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Minto Apartment is operating at the current time. Most of Minto Apartment's value examination focuses on studying past and present price action to predict the probability of Minto Apartment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Minto Apartment's price. Additionally, you may evaluate how the addition of Minto Apartment to your portfolios can decrease your overall portfolio volatility.

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