MINT Income Financials

MID-UN Stock  CAD 7.57  0.06  0.80%   
You can make use of MINT Income Fund fundamental data analysis to find out if markets are now mispricing the entity. We were able to break down thirty-two available fundamentals for MINT Income, which can be compared to its peers in the industry. The stock experiences a moderate upward volatility. Check odds of MINT Income to be traded at C$8.33 in 90 days. Key indicators impacting MINT Income's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.220.2833
Significantly Down
Slightly volatile
Current Ratio6.94.3383
Way Up
Pretty Stable
  
Please note, the presentation of MINT Income's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, MINT Income's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of MINT Income's management manipulating its earnings.

MINT Income Stock Summary

MINT Income competes with Blue Ribbon, Income Financial, Precious Metals, Canadian High, and Prime Dividend. MINT Income Fund is a closed ended equity mutual fund launched by Middlefield Limited. MINT Income Fund was formed on February 28, 1997 and is domiciled in Canada. MINT INCOME operates under Asset Management classification in Canada and is traded on Toronto Stock Exchange.
Specialization
Financial Services, Financial Services
InstrumentCanada Stock View All
ExchangeToronto Exchange
Business AddressThe Well 8
SectorCapital Markets
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.middlefield.com/mint.htm
Phone416 362 0714
CurrencyCAD - Canadian Dollar
You should never invest in MINT Income without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of MINT Stock, because this is throwing your money away. Analyzing the key information contained in MINT Income's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

MINT Income Key Financial Ratios

MINT Income's financial ratios allow both analysts and investors to convert raw data from MINT Income's financial statements into concise, actionable information that can be used to evaluate the performance of MINT Income over time and compare it to other companies across industries.

MINT Income Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets126.5M77.2M98.5M89.1M93.1M105.4M
Other Current Liab(25.9M)(187.9K)(10.4M)(5.7M)(21.0M)(20.0M)
Net Debt18.5M(2.7M)6.7M(2.7M)16.7M17.6M
Cash6.5M2.7M3.1M7.7M3.7M3.5M
Net Receivables939.4K334.6K300.6K369.2K358.3K653.6K
Total Liab25.9M744.1K10.4M5.7M21.0M19.2M
Total Current Assets7.4M3.0M3.4M8.1M93.1M46.6M
Accounts Payable908.8K187.9K666.7K679.8K595.0K565.2K
Retained Earnings(15.8M)(23.5M)(2.0M)1.4M1.4M1.5M
Inventory126.5M77.2M98.5M89.1M(89.1M)(93.5M)
Other Current Assets452.8K(77.2M)29.6K(89.1M)(93.1M)(88.5M)
Short Term Debt10M25M9.8M5M20.4M20.8M
Common Stock116.4M99.9M90.1M82.0M70.7M102.5M
Other Assets6.6K49.4K29.6K93.1M107.1M112.4M

MINT Income Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
201920202021202220232024 (projected)
Interest Expense409.6K215.1K136.1K149.2K1.1M1.1M
Total Revenue19.4M(7.3M)25.5M8.6M4.2M6.3M
Gross Profit17.4M(8.7M)24.3M7.1M2.9M5.6M
Operating Income18.6M(8.0M)25.2M7.9M2.8M4.8M
Ebitda18.6M(8.0M)25.2M7.9M2.8M4.8M
Income Before Tax18.6M(8.0M)25.2M7.9M1.7M1.6M
Net Income18.4M(8.1M)25.1M7.9M1.7M1.6M
Ebit37.5M(15.9M)50.6M16.0M5.5M10.3M
Income Tax Expense213.1K74.7K60.6K54.7K12.3K11.7K
Cost Of Revenue2.0M1.3M1.2M1.5M1.3M1.4M

MINT Income Key Cash Accounts

Cash flow analysis captures how much money flows into and out of MINT Income Fund. It measures of how well MINT is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money MINT Income brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money MINT had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what MINT Income has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change In Cash(3.2M)(3.8M)373.2K4.6M(4.0M)(3.8M)
Free Cash Flow10.7M37.5M4.4M22.1M(6.5M)(6.1M)
Other Non Cash Items(7.6M)45.3M(20.8M)14.1M(8.1M)(7.7M)
Net Income18.4M(8.1M)25.1M7.9M1.7M1.6M
End Period Cash Flow6.5M2.7M3.1M7.7M3.7M3.5M
Dividends Paid9.4M7.4M6.7M6.4M5.9M7.7M

MINT Financial Ratios Relationships

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. You can analyze the relationship between different fundamental ratios across MINT Income competition to find correlations between indicators driving MINT Income's intrinsic value. More Info.
MINT Income Fund is regarded third in return on equity category among its peers. It also is regarded third in return on asset category among its peers reporting about  0.85  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for MINT Income Fund is roughly  1.17 . At present, MINT Income's Return On Equity is projected to increase slightly 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 Income Fund Systematic Risk

MINT Income's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. MINT Income volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on MINT Income Fund correlated with the market. If Beta is less than 0 MINT Income generally moves in the opposite direction as compared to the market. If MINT Income Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one MINT Income Fund is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of MINT Income is generally in the same direction as the market. If Beta > 1 MINT Income moves generally in the same direction as, but more than the movement of the benchmark.

MINT Income Fund Total Assets Over Time

Today, most investors in MINT Income Stock are looking for potential investment opportunities by analyzing not only static indicators but also various MINT Income's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of MINT Income growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.57)

At present, MINT Income's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

MINT Income December 3, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of MINT Income help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of MINT Income Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of MINT Income Fund based on widely used predictive technical indicators. In general, we focus on analyzing MINT Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build MINT Income's daily price indicators and compare them against related drivers.

Complementary Tools for MINT Stock analysis

When running MINT Income's price analysis, check to measure MINT Income's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MINT Income is operating at the current time. Most of MINT Income's value examination focuses on studying past and present price action to predict the probability of MINT Income's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MINT Income's price. Additionally, you may evaluate how the addition of MINT Income to your portfolios can decrease your overall portfolio volatility.
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