Mountain Historical Balance Sheet
MPVD Stock | CAD 0.11 0.01 10.00% |
Trend analysis of Mountain Province Diamonds balance sheet accounts such as Total Current Liabilities of 34.5 M provides information on Mountain Province's total assets, liabilities, and equity, which is the actual value of Mountain Province to its prevalent stockholders. By breaking down trends over time using Mountain Province balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Mountain Province latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Mountain Province is a good buy for the upcoming year.
Mountain Province Inventory |
|
Mountain |
About Mountain Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Mountain Province at a specified time, usually calculated after every quarter, six months, or one year. Mountain Province Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Mountain Province 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 Mountain currently owns. An asset can also be divided into two categories, current and non-current.
Mountain Province Balance Sheet Chart
Add Fundamental
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Most accounts from Mountain Province's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Mountain Province current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Mountain Province Diamonds. 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, Mountain Province's Cash is very stable compared to the past year. As of the 29th of December 2024, Non Current Assets Total is likely to grow to about 654.6 M, while Common Stock Shares Outstanding is likely to drop about 108.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 721K | 7.2M | 5.2M | 3.2M | Total Assets | 877.5M | 898.5M | 932.2M | 978.8M |
Mountain Province balance sheet Correlations
Click cells to compare fundamentals
Mountain Province Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mountain Province balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 210.1M | 210.4M | 212.0M | 212.7M | 211.5M | 108.3M | |
Total Assets | 822.7M | 595.3M | 877.5M | 898.5M | 932.2M | 978.8M | |
Other Current Liab | 2.4M | 2.5M | 721K | 7.2M | 5.2M | 3.2M | |
Total Current Liabilities | 50.6M | 75.7M | 413.3M | 52.2M | 62.8M | 34.5M | |
Total Stockholder Equity | 336.1M | 73.7M | 350.7M | 407.2M | 361.0M | 379.1M | |
Property Plant And Equipment Net | 672.3M | 451.4M | 714.5M | 686.1M | 590.8M | 620.4M | |
Net Debt | 346.0M | 372.5M | 351.0M | 300.2M | 277.2M | 291.1M | |
Retained Earnings | (302.5M) | (566.0M) | (289.8M) | (240.6M) | (284.3M) | (270.0M) | |
Accounts Payable | 47.3M | 41.0M | 36.9M | 43.6M | 56.8M | 59.6M | |
Cash | 34.8M | 35.2M | 25M | 17.2M | 29.7M | 31.2M | |
Non Current Assets Total | 672.7M | 466.8M | 739.9M | 717.0M | 623.5M | 654.6M | |
Non Currrent Assets Other | 450K | 15.4M | 25.4M | 31.0M | 32.6M | 32.1M | |
Cash And Short Term Investments | 34.8M | 35.2M | 25M | 17.2M | 29.7M | 18.8M | |
Net Receivables | 1.7M | 797K | 877K | 912K | 1.1M | 716.0K | |
Liabilities And Stockholders Equity | 822.7M | 595.3M | 877.5M | 898.5M | 856.9M | 899.7M | |
Non Current Liabilities Total | 436.0M | 445.9M | 113.4M | 439.1M | 508.4M | 533.8M | |
Other Current Assets | 1.8M | 2.0M | 1.9M | 2.9M | 15.4M | 16.2M | |
Total Liab | 486.5M | 521.6M | 526.8M | 491.4M | 571.2M | 599.8M | |
Property Plant And Equipment Gross | 672.3M | 451.4M | 1.1B | 1.2B | 1.4B | 1.4B | |
Total Current Assets | 150.0M | 128.5M | 137.6M | 181.5M | 233.4M | 245.1M | |
Short Term Debt | 811K | 32.2M | 375.7M | 317K | 174K | 165.3K | |
Other Assets | 450K | 15.4M | 25.4M | (1K) | 75.4M | 79.1M | |
Common Stock | 631.2M | 631.5M | 631.7M | 637.9M | 634.1M | 518.8M | |
Common Stock Total Equity | 475.6M | 629.8M | 631.2M | 631.5M | 726.2M | 498.8M | |
Other Liab | 56.1M | 70.4M | 113.1M | 122.1M | 140.4M | 147.4M | |
Net Tangible Assets | 336.1M | 73.7M | 350.7M | 407.2M | 468.2M | 322.9M | |
Inventory | 111.8M | 90.5M | 109.8M | 160.8M | 187.2M | 104.7M | |
Property Plant Equipment | 672.3M | 451.4M | 714.5M | 686.1M | 789.0M | 598.6M | |
Short Long Term Debt Total | 380.7M | 407.7M | 376.0M | 317.4M | 306.9M | 288.1M | |
Long Term Debt | 378.9M | 374.7M | 0.0 | 317.0M | 285.3M | 247.3M | |
Long Term Debt Total | 379.9M | 375.5M | 336K | 317.1M | 285.4M | 247.6M | |
Net Invested Capital | 715.0M | 480.2M | 726.3M | 724.1M | 651.7M | 566.5M | |
Net Working Capital | 99.4M | 52.8M | (275.7M) | 129.3M | 116.3M | 122.2M |
Pair Trading with Mountain Province
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 Mountain Province 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 Mountain Province will appreciate offsetting losses from the drop in the long position's value.Moving together with Mountain Stock
Moving against Mountain Stock
0.81 | FFH | Fairfax Financial | PairCorr |
0.81 | FFH-PC | Fairfax Fin Hld | PairCorr |
0.81 | RY-PM | Royal Bank | PairCorr |
0.78 | HUT | Hut 8 Mining | PairCorr |
0.77 | DBO | D Box Technologies | PairCorr |
The ability to find closely correlated positions to Mountain Province could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mountain Province 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 Mountain Province - 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 Mountain Province Diamonds to buy it.
The correlation of Mountain Province 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 Mountain Province moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mountain Province 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 Mountain Province 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 Mountain Stock
Balance Sheet is a snapshot of the financial position of Mountain Province at a specified time, usually calculated after every quarter, six months, or one year. Mountain Province Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Mountain Province 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 Mountain currently owns. An asset can also be divided into two categories, current and non-current.