MINT Income Cash And Equivalents vs. Cash Per Share

MID-UN Stock  CAD 7.73  0.03  0.39%   
Based on the measurements of profitability obtained from MINT Income's financial statements, MINT Income Fund is performing exceptionally good at this time. It has a great probability to showcase excellent profitability results in January. Profitability indicators assess MINT Income's ability to earn profits and add value for shareholders. At present, MINT Income's Price To Sales Ratio is projected to increase slightly based on the last few years of reporting. The current year's Days Sales Outstanding is expected to grow to 32.84, whereas Operating Cash Flow Sales Ratio is projected to grow to (1.47). At present, MINT Income's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's Net Income Applicable To Common Shares is expected to grow to about 30.3 M, whereas Income Before Tax is forecasted to decline to about 1.6 M.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin1.00.682
Way Up
Pretty Stable
Operating Profit Margin0.70.6676
Sufficiently Up
Very volatile
For MINT Income profitability analysis, we use financial ratios and fundamental drivers that measure the ability of MINT Income to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well MINT Income Fund utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between MINT Income's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of MINT Income Fund over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
Please note, there is a significant difference between MINT Income's value and its price as these two are different measures arrived at by different means. Investors typically determine if MINT Income is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MINT Income's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

MINT Income Fund Cash Per Share vs. Cash And Equivalents Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining MINT Income's current stock value. Our valuation model uses many indicators to compare MINT Income value to that of its competitors to determine the firm's financial worth.
MINT Income Fund is considered to be number one stock in cash and equivalents category among its peers. It is regarded second in cash per share category among its peers . The ratio of Cash And Equivalents to Cash Per Share for MINT Income Fund is about  18,496,183 . At present, MINT Income's Cash Per Share is projected to slightly decrease based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value MINT Income by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for MINT Income's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

MINT Cash Per Share vs. Cash And Equivalents

Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

MINT Income

Cash

 = 

Bank Deposits

+

Liquidities

 = 
121.15 M
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

MINT Income

Cash Per Share

 = 

Total Cash

Average Shares

 = 
6.55 X
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.

MINT Cash Per Share Comparison

MINT Income is currently under evaluation in cash per share category among its peers.

MINT Income Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in MINT Income, profitability is also one of the essential criteria for including it into their portfolios because, without profit, MINT Income will eventually generate negative long term returns. The profitability progress is the general direction of MINT Income's change in net profit over the period of time. It can combine multiple indicators of MINT Income, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Operating Income2.8 M4.8 M
Income Before Tax1.7 M1.6 M
Total Other Income Expense Net-1.1 M-1.1 M
Net Income1.7 M1.6 M
Income Tax Expense12.3 K11.7 K
Net Interest Income-859.6 K-816.6 K
Interest Income217.5 K135.3 K
Net Income From Continuing Ops1.7 M1.6 M
Net Income Applicable To Common Shares28.9 M30.3 M
Change To Netincome-18.7 M-17.8 M
Net Income Per Share 0.14  0.13 
Income Quality(3.80)(3.61)
Net Income Per E B T 0.99  1.10 

MINT Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on MINT Income. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of MINT Income position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the MINT Income's important profitability drivers and their relationship over time.

Use MINT Income in pair-trading

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.

MINT Income Pair Trading

MINT Income Fund Pair Trading Analysis

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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your MINT Income position

In addition to having MINT Income in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Shipping Containers Thematic Idea Now

Shipping Containers
Shipping Containers Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Shipping Containers theme has 16 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Shipping Containers Theme or any other thematic opportunities.
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Other Information on Investing in MINT Stock

To fully project MINT Income's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of MINT Income Fund at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include MINT Income's income statement, its balance sheet, and the statement of cash flows.
Potential MINT Income investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although MINT Income investors may work on each financial statement separately, they are all related. The changes in MINT Income's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on MINT Income's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.