MINT Historical Income Statement
| MID-UN Stock | CAD 7.48 0.08 1.06% |
Historical analysis of MINT Income income statement accounts such as Other Operating Expenses of 1.3 M can show how well MINT Income Fund performed in making a profits. Evaluating MINT Income income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of MINT Income's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining MINT Income Fund 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 MINT Income Fund is a good buy for the upcoming year.
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About MINT Income Statement Analysis
MINT Income Fund Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to MINT Income shareholders. The income statement also shows MINT investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
MINT Income Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of MINT Income Fund. It is also known as MINT Income overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most accounts from MINT Income's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into MINT Income Fund current financial condition. On the other hand, looking into the entire matrix of income statement 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 MINT Income Fund. 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, MINT Income's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 6.3 M, whereas Gross Profit is forecasted to decline to about 2.4 M.
| 2022 | 2023 | 2024 | 2025 (projected) | Cost Of Revenue | 1.5M | 1.3M | 1.2M | 1.4M | Income Tax Expense | 54.7K | 12.3K | 11.0K | 10.5K |
MINT Income income statement Correlations
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MINT Income Account Relationship Matchups
High Positive Relationship
High Negative Relationship
MINT Income income statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Interest Expense | 215.1K | 136.1K | 149.2K | 1.1M | 969.4K | 1.0M | |
| Total Revenue | (7.3M) | 25.5M | 8.6M | 4.2M | 3.8M | 6.3M | |
| Gross Profit | (8.7M) | 24.3M | 7.1M | 2.9M | 2.6M | 2.4M | |
| Other Operating Expenses | 724.9K | 369.1K | 703.5K | 1.4M | 1.3M | 1.3M | |
| Operating Income | (8.0M) | 25.2M | 7.9M | 2.8M | 2.5M | 4.8M | |
| Ebitda | (8.0M) | 25.2M | 7.9M | 2.8M | 2.5M | 4.8M | |
| Total Operating Expenses | 724.9K | 369.1K | 703.5K | 1.4M | 1.3M | 1.3M | |
| Income Before Tax | (8.0M) | 25.2M | 7.9M | 1.7M | 1.5M | 1.5M | |
| Total Other Income Expense Net | (215.1K) | (136.1K) | (149.2K) | (1.1M) | (1.2M) | (1.3M) | |
| Net Income | (8.1M) | 25.1M | 7.9M | 1.7M | 1.5M | 1.5M | |
| Selling General Administrative | 724.9K | 369.1K | 703.5K | 1.5M | 1.3M | 938.4K | |
| Depreciation And Amortization | 7.9M | (25.4M) | (8.1M) | (2.7M) | (2.5M) | (2.6M) | |
| Ebit | (15.9M) | 50.6M | 16.0M | 5.5M | 6.3M | 10.3M | |
| Income Tax Expense | 74.7K | 60.6K | 54.7K | 12.3K | 11.0K | 10.5K | |
| Cost Of Revenue | 1.3M | 1.2M | 1.5M | 1.3M | 1.2M | 1.4M | |
| Tax Provision | 74.7K | 60.6K | 54.7K | 12.3K | 11.0K | 10.5K | |
| Net Interest Income | (45.5K) | (124.9K) | (61.0K) | (859.6K) | (773.6K) | (734.9K) | |
| Interest Income | 169.6K | 11.2K | 88.3K | 217.5K | 195.8K | 135.3K | |
| Net Income From Continuing Ops | (8.1M) | 25.1M | 7.9M | 1.7M | 1.5M | 1.5M | |
| Research Development | 1.14 | 1.82 | 0.42 | 0.21 | 0.19 | 0.18 |
Pair Trading with MINT Income
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 MINT Income 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 MINT Income will appreciate offsetting losses from the drop in the long position's value.Moving together with MINT Stock
Moving against MINT Stock
The ability to find closely correlated positions to MINT Income could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MINT Income 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 MINT Income - 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 MINT Income Fund to buy it.
The correlation of MINT Income 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 MINT Income moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MINT Income Fund 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 MINT Income 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 MINT Stock
MINT Income Fund Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to MINT Income shareholders. The income statement also shows MINT investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).