Morguard Pfcf Ratio vs Income Quality Analysis

MRT-UN Stock

CAD 5.61 0.01 0.18%

Morguard Real financial indicator trend analysis is infinitely more than just investigating Morguard Real Estate recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Morguard Real Estate is a good investment. Please check the relationship between Morguard Real Pfcf Ratio and its Income Quality accounts. 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.

Pfcf Ratio vs Income Quality

Pfcf Ratio vs Income Quality Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Morguard Real Estate Pfcf Ratio account and Income Quality. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Morguard Real's Pfcf Ratio and Income Quality is -0.01. Overlapping area represents the amount of variation of Pfcf Ratio that can explain the historical movement of Income Quality in the same time period over historical financial statements of Morguard Real Estate, assuming nothing else is changed. The correlation between historical values of Morguard Real's Pfcf Ratio and Income Quality is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pfcf Ratio of Morguard Real Estate are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Pfcf Ratio i.e., Morguard Real's Pfcf Ratio and Income Quality go up and down completely randomly.

Correlation Coefficient

-0.01

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Pfcf Ratio

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Most indicators from Morguard Real's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.02, whereas Enterprise Value Over EBITDA is forecasted to decline to 7.73.

	2021	2022	2023	2024 (projected)
Gross Profit	122.1M	122.0M	126.0M	117.1M
Total Revenue	241.4M	242.6M	255.1M	239.3M

Gross Profit Total Revenue

Morguard Real fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Other Assets	Intangible Assets	Other Current Liab	Retained Earnings	Net Receivables	Other Current Assets	Total Current Liabilities	Cash	Cash And Short Term Investments	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue	Accounts Payable	Inventory
Total Assets		0.95	0.97	0.44	0.95	0.99	0.43	0.91	0.94	-0.9	0.95	-0.88	0.75	-0.87	0.9	0.24	-0.75	0.31	0.3	0.3	0.33	0.23	0.42	-0.17	0.23	0.2
Short Long Term Debt Total	0.95		0.84	0.27	1.0	0.95	0.49	0.89	0.9	-0.93	1.0	-0.91	0.82	-0.86	0.73	0.2	-0.81	0.51	0.27	0.27	0.28	0.43	0.57	-0.24	0.3	0.09
Total Stockholder Equity	0.97	0.84		0.55	0.83	0.96	0.35	0.85	0.91	-0.8	0.84	-0.78	0.62	-0.82	0.97	0.25	-0.63	0.11	0.31	0.31	0.35	0.03	0.26	-0.09	0.15	0.29
Property Plant And Equipment Net	0.44	0.27	0.55		0.24	0.43	-0.3	0.5	0.43	-0.3	0.27	-0.3	0.27	-0.46	0.61	0.25	-0.17	-0.23	0.33	0.33	0.37	-0.28	0.0	-0.1	0.11	-0.02
Net Debt	0.95	1.0	0.83	0.24		0.95	0.48	0.89	0.89	-0.93	1.0	-0.91	0.83	-0.84	0.71	0.13	-0.81	0.52	0.19	0.19	0.21	0.45	0.58	-0.24	0.29	0.08
Non Current Assets Total	0.99	0.95	0.96	0.43	0.95		0.42	0.91	0.94	-0.92	0.95	-0.9	0.79	-0.88	0.89	0.17	-0.78	0.33	0.24	0.24	0.27	0.24	0.47	-0.21	0.26	0.13
Non Currrent Assets Other	0.43	0.49	0.35	-0.3	0.48	0.42		0.39	0.37	-0.35	0.49	-0.32	0.21	-0.09	0.28	0.29	-0.41	0.37	0.28	0.28	0.16	0.33	0.1	-0.39	0.49	0.32
Common Stock Shares Outstanding	0.91	0.89	0.85	0.5	0.89	0.91	0.39		0.89	-0.91	0.9	-0.91	0.83	-0.85	0.77	0.19	-0.79	0.31	0.25	0.25	0.28	0.22	0.44	-0.32	0.35	0.02
Non Current Liabilities Total	0.94	0.9	0.91	0.43	0.89	0.94	0.37	0.89		-0.85	0.9	-0.83	0.73	-0.86	0.87	0.25	-0.68	0.1	0.31	0.31	0.38	0.01	0.41	-0.17	0.2	0.11
Other Stockholder Equity	-0.9	-0.93	-0.8	-0.3	-0.93	-0.92	-0.35	-0.91	-0.85		-0.93	1.0	-0.94	0.92	-0.71	-0.02	0.91	-0.46	-0.15	-0.15	-0.13	-0.38	-0.54	0.23	-0.25	0.04
Total Liab	0.95	1.0	0.84	0.27	1.0	0.95	0.49	0.9	0.9	-0.93		-0.91	0.83	-0.85	0.73	0.19	-0.82	0.52	0.27	0.27	0.27	0.44	0.57	-0.25	0.31	0.08
Other Assets	-0.88	-0.91	-0.78	-0.3	-0.91	-0.9	-0.32	-0.91	-0.83	1.0	-0.91		-0.95	0.92	-0.68	0.01	0.92	-0.46	-0.13	-0.13	-0.11	-0.38	-0.55	0.24	-0.25	0.08
Intangible Assets	0.75	0.82	0.62	0.27	0.83	0.79	0.21	0.83	0.73	-0.94	0.83	-0.95		-0.85	0.54	-0.07	-0.9	0.51	0.07	0.07	0.05	0.44	0.68	-0.42	0.38	-0.38
Other Current Liab	-0.87	-0.86	-0.82	-0.46	-0.84	-0.88	-0.09	-0.85	-0.86	0.92	-0.85	0.92	-0.85		-0.76	-0.16	0.78	-0.29	-0.31	-0.31	-0.33	-0.21	-0.52	0.03	-0.01	0.04
Retained Earnings	0.9	0.73	0.97	0.61	0.71	0.89	0.28	0.77	0.87	-0.71	0.73	-0.68	0.54	-0.76		0.29	-0.53	-0.04	0.32	0.32	0.39	-0.13	0.22	-0.12	0.14	0.21
Net Receivables	0.24	0.2	0.25	0.25	0.13	0.17	0.29	0.19	0.25	-0.02	0.19	0.01	-0.07	-0.16	0.29		0.17	-0.05	0.79	0.79	0.95	-0.06	-0.04	-0.07	0.1	0.18
Other Current Assets	-0.75	-0.81	-0.63	-0.17	-0.81	-0.78	-0.41	-0.79	-0.68	0.91	-0.82	0.92	-0.9	0.78	-0.53	0.17		-0.55	-0.13	-0.13	0.08	-0.48	-0.51	0.32	-0.32	0.13
Total Current Liabilities	0.31	0.51	0.11	-0.23	0.52	0.33	0.37	0.31	0.1	-0.46	0.52	-0.46	0.51	-0.29	-0.04	-0.05	-0.55		-0.01	-0.01	-0.11	1.0	0.6	-0.33	0.37	-0.18
Cash	0.3	0.27	0.31	0.33	0.19	0.24	0.28	0.25	0.31	-0.15	0.27	-0.13	0.07	-0.31	0.32	0.79	-0.13	-0.01		1.0	0.85	-0.04	-0.05	-0.08	0.11	0.16
Cash And Short Term Investments	0.3	0.27	0.31	0.33	0.19	0.24	0.28	0.25	0.31	-0.15	0.27	-0.13	0.07	-0.31	0.32	0.79	-0.13	-0.01	1.0		0.85	-0.04	-0.05	-0.08	0.11	0.16
Total Current Assets	0.33	0.28	0.35	0.37	0.21	0.27	0.16	0.28	0.38	-0.13	0.27	-0.11	0.05	-0.33	0.39	0.95	0.08	-0.11	0.85	0.85		-0.14	0.01	-0.04	0.05	0.14
Short Term Debt	0.23	0.43	0.03	-0.28	0.45	0.24	0.33	0.22	0.01	-0.38	0.44	-0.38	0.44	-0.21	-0.13	-0.06	-0.48	1.0	-0.04	-0.04	-0.14		0.57	-0.3	0.33	-0.18
Common Stock	0.42	0.57	0.26	0.0	0.58	0.47	0.1	0.44	0.41	-0.54	0.57	-0.55	0.68	-0.52	0.22	-0.04	-0.51	0.6	-0.05	-0.05	0.01	0.57		-0.41	0.31	-0.57
Current Deferred Revenue	-0.17	-0.24	-0.09	-0.1	-0.24	-0.21	-0.39	-0.32	-0.17	0.23	-0.25	0.24	-0.42	0.03	-0.12	-0.07	0.32	-0.33	-0.08	-0.08	-0.04	-0.3	-0.41		-0.98	0.59
Accounts Payable	0.23	0.3	0.15	0.11	0.29	0.26	0.49	0.35	0.2	-0.25	0.31	-0.25	0.38	-0.01	0.14	0.1	-0.32	0.37	0.11	0.11	0.05	0.33	0.31	-0.98		-0.42
Inventory	0.2	0.09	0.29	-0.02	0.08	0.13	0.32	0.02	0.11	0.04	0.08	0.08	-0.38	0.04	0.21	0.18	0.13	-0.18	0.16	0.16	0.14	-0.18	-0.57	0.59	-0.42

Click cells to compare fundamentals

Morguard Real Account Relationship Matchups

Morguard Real fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.9B	2.6B	2.5B	2.4B	2.3B	2.1B
Short Long Term Debt Total	1.3B	1.4B	1.3B	1.3B	1.3B	1.1B
Total Stockholder Equity	1.5B	1.2B	1.2B	1.1B	961.2M	1.0B
Property Plant And Equipment Net	324K	242K	159K	76K	2.2B	1.6B
Net Debt	1.3B	1.3B	1.3B	1.3B	1.3B	1.1B
Non Current Assets Total	2.9B	2.5B	2.5B	2.3B	2.3B	2.3B
Non Currrent Assets Other	2.9B	2.5B	2.5B	2.3B	68.5M	65.1M
Common Stock Shares Outstanding	60.7M	62.1M	64.1M	64.2M	64.2M	62.4M
Liabilities And Stockholders Equity	2.9B	2.6B	2.5B	2.4B	2.3B	2.1B
Non Current Liabilities Total	1.1B	934.3M	1.1B	911.1M	855.0M	935.4M
Total Liab	1.4B	1.4B	1.3B	1.3B	1.3B	1.1B
Other Assets	38.8M	36.8M	40.2M	51.2M	46.1M	43.8M
Other Current Liab	47.4M	40.9M	38.9M	46.5M	51.1M	27.2M
Retained Earnings	918.3M	522.3M	503.1M	401.6M	311.8M	617.7M
Net Receivables	14.3M	27.8M	12.3M	15.7M	9.3M	16.7M
Other Current Assets	1.1M	637K	365K	1.2M	1.2M	1.2M
Total Current Liabilities	310.9M	465.7M	252.1M	414.2M	464.1M	264.6M
Cash	5.8M	8.6M	11.3M	9.7M	7.3M	6.9M
Cash And Short Term Investments	5.8M	8.6M	11.3M	9.7M	7.3M	6.9M
Total Current Assets	21.2M	37.0M	23.9M	26.6M	17.8M	35.1M
Accumulated Other Comprehensive Income	1.6B	1.6B	4.6M	6.9M	7.9M	7.5M
Short Term Debt	263.4M	424.8M	213.3M	367.8M	413.0M	225.0M
Common Stock	612.7M	628.9M	635.5M	635.9M	636.1M	680.9M
Current Deferred Revenue	(47.4M)	(40.9M)	(38.9M)	(46.5M)	(51.1M)	(53.6M)
Accounts Payable	47.4M	40.9M	38.9M	46.5M	51.1M	48.6M
Other Liab	4.6M	5.2M	5.3M	5.4M	6.2M	4.8M
Net Tangible Assets	1.5B	1.2B	1.2B	1.1B	945.7M	1.1B
Long Term Debt	1.1B	918.3M	1.1B	889.3M	832.7M	876.6M
Long Term Investments	23.7M	20.5M	18.6M	11.7M	7.8M	7.4M
Short Long Term Debt	198.1M	424.7M	213.1M	367.6M	412.9M	267.3M
Property Plant Equipment	2.9B	2.5B	2.4B	2.3B	2.1B	2.2B
Non Current Liabilities Other	4.6M	5.2M	5.3M	5.4M	6.0M	5.2M
Net Invested Capital	2.9B	2.5B	2.4B	2.3B	1.2B	2.0B
Net Working Capital	(289.7M)	(428.7M)	(228.2M)	(387.6M)	(446.3M)	(468.6M)
Capital Stock	612.7M	628.9M	635.5M	635.9M	731.3M	687.5M

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.

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 Correlation Correlation 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.

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Morguard Pfcf Ratio vs Income Quality Analysis

Pfcf Ratio vs Income Quality

Pfcf Ratio vs Income Quality Correlation Analysis

Correlation Coefficient

Pfcf Ratio

Income Quality

Morguard Real fundamental ratios Correlations

Morguard Real Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Morguard Real fundamental ratios Accounts

Pair Trading with Morguard Real

Other Information on Investing in Morguard Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Net Debt
Other Assets	+ 1.0	Other Stockholder Equity
Short Term Debt	+ 1.0	Total Current Liabilities
Cash And Short Term Investments	+ 1.0	Cash

Accounts Payable	- 0.98	Current Deferred Revenue
Intangible Assets	- 0.95	Other Assets
Intangible Assets	- 0.94	Other Stockholder Equity
Total Liab	- 0.93	Other Stockholder Equity
Other Stockholder Equity	- 0.93	Net Debt
Other Stockholder Equity	- 0.93	Short Long Term Debt Total