Morguard Historical Balance Sheet

MRT-UN Stock  CAD 5.50  0.01  0.18%   
Trend analysis of Morguard Real Estate balance sheet accounts such as Property Plant And Equipment Net of 1.6 B provides information on Morguard Real's total assets, liabilities, and equity, which is the actual value of Morguard Real Estate to its prevalent stockholders. By breaking down trends over time using Morguard Real 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.
 
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Financial Statement Analysis is much more than just reviewing and examining Morguard Real Estate 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 Morguard Real Estate is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Morguard Real Estate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

About Morguard Balance Sheet Analysis

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

Morguard Real Balance Sheet Chart

At present, Morguard Real's Total Stockholder Equity is projected to decrease significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 2.3 B, whereas Total Assets are forecasted to decline to about 2.1 B.

Total Assets

Total assets refers to the total amount of Morguard Real assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Morguard Real Estate books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Current Liabilities

Total Current Liabilities is an item on Morguard Real balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Morguard Real Estate are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most accounts from Morguard Real's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Morguard Real Estate 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 Morguard Real Estate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
At present, Morguard Real's Total Stockholder Equity is projected to decrease significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 2.3 B, whereas Total Assets are forecasted to decline to about 2.1 B.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total1.3B1.3B1.3B1.1B
Total Assets2.5B2.4B2.3B2.1B

Morguard Real balance sheet Correlations

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0.970.840.550.830.960.350.850.91-0.80.84-0.780.62-0.820.970.25-0.630.110.310.310.350.030.26-0.090.150.29
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0.990.950.960.430.950.420.910.94-0.920.95-0.90.79-0.880.890.17-0.780.330.240.240.270.240.47-0.210.260.13
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0.940.90.910.430.890.940.370.89-0.850.9-0.830.73-0.860.870.25-0.680.10.310.310.380.010.41-0.170.20.11
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0.750.820.620.270.830.790.210.830.73-0.940.83-0.95-0.850.54-0.07-0.90.510.070.070.050.440.68-0.420.38-0.38
-0.87-0.86-0.82-0.46-0.84-0.88-0.09-0.85-0.860.92-0.850.92-0.85-0.76-0.160.78-0.29-0.31-0.31-0.33-0.21-0.520.03-0.010.04
0.90.730.970.610.710.890.280.770.87-0.710.73-0.680.54-0.760.29-0.53-0.040.320.320.39-0.130.22-0.120.140.21
0.240.20.250.250.130.170.290.190.25-0.020.190.01-0.07-0.160.290.17-0.050.790.790.95-0.06-0.04-0.070.10.18
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0.310.510.11-0.230.520.330.370.310.1-0.460.52-0.460.51-0.29-0.04-0.05-0.55-0.01-0.01-0.111.00.6-0.330.37-0.18
0.30.270.310.330.190.240.280.250.31-0.150.27-0.130.07-0.310.320.79-0.13-0.011.00.85-0.04-0.05-0.080.110.16
0.30.270.310.330.190.240.280.250.31-0.150.27-0.130.07-0.310.320.79-0.13-0.011.00.85-0.04-0.05-0.080.110.16
0.330.280.350.370.210.270.160.280.38-0.130.27-0.110.05-0.330.390.950.08-0.110.850.85-0.140.01-0.040.050.14
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Morguard Real Account Relationship Matchups

Morguard Real balance sheet Accounts

201920202021202220232024 (projected)
Total Assets2.9B2.6B2.5B2.4B2.3B2.1B
Short Long Term Debt Total1.3B1.4B1.3B1.3B1.3B1.1B
Total Stockholder Equity1.5B1.2B1.2B1.1B961.2M1.0B
Property Plant And Equipment Net324K242K159K76K2.2B1.6B
Net Debt1.3B1.3B1.3B1.3B1.3B1.1B
Non Current Assets Total2.9B2.5B2.5B2.3B2.3B2.3B
Non Currrent Assets Other2.9B2.5B2.5B2.3B68.5M65.1M
Common Stock Shares Outstanding60.7M62.1M64.1M64.2M64.2M62.4M
Liabilities And Stockholders Equity2.9B2.6B2.5B2.4B2.3B2.1B
Non Current Liabilities Total1.1B934.3M1.1B911.1M855.0M935.4M
Total Liab1.4B1.4B1.3B1.3B1.3B1.1B
Other Assets38.8M36.8M40.2M51.2M46.1M43.8M
Other Current Liab47.4M40.9M38.9M46.5M51.1M27.2M
Retained Earnings918.3M522.3M503.1M401.6M311.8M617.7M
Net Receivables14.3M27.8M12.3M15.7M9.3M16.7M
Other Current Assets1.1M637K365K1.2M1.2M1.2M
Total Current Liabilities310.9M465.7M252.1M414.2M464.1M264.6M
Cash5.8M8.6M11.3M9.7M7.3M6.9M
Cash And Short Term Investments5.8M8.6M11.3M9.7M7.3M6.9M
Total Current Assets21.2M37.0M23.9M26.6M17.8M35.1M
Accumulated Other Comprehensive Income1.6B1.6B4.6M6.9M7.9M7.5M
Short Term Debt263.4M424.8M213.3M367.8M413.0M225.0M
Common Stock612.7M628.9M635.5M635.9M636.1M680.9M
Current Deferred Revenue(47.4M)(40.9M)(38.9M)(46.5M)(51.1M)(53.6M)
Accounts Payable47.4M40.9M38.9M46.5M51.1M48.6M
Other Liab4.6M5.2M5.3M5.4M6.2M4.8M
Net Tangible Assets1.5B1.2B1.2B1.1B945.7M1.1B
Long Term Debt1.1B918.3M1.1B889.3M832.7M876.6M
Long Term Investments23.7M20.5M18.6M11.7M7.8M7.4M
Short Long Term Debt198.1M424.7M213.1M367.6M412.9M267.3M
Property Plant Equipment2.9B2.5B2.4B2.3B2.1B2.2B
Non Current Liabilities Other4.6M5.2M5.3M5.4M6.0M5.2M
Net Invested Capital2.9B2.5B2.4B2.3B1.2B2.0B
Net Working Capital(289.7M)(428.7M)(228.2M)(387.6M)(446.3M)(468.6M)
Capital Stock612.7M628.9M635.5M635.9M731.3M687.5M

Pair Trading with Morguard Real

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 Morguard Real 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 Morguard Real will appreciate offsetting losses from the drop in the long position's value.

Moving against Morguard Stock

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The ability to find closely correlated positions to Morguard Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Morguard Real 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 Morguard Real - 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 Morguard Real Estate to buy it.
The correlation of Morguard Real 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 Morguard Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Morguard Real Estate 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 Morguard Real 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 CorrelationCorrelation Matching

Other Information on Investing in Morguard Stock

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