Minto Apartment Real Stock Total Debt
| MI-UN Stock | CAD 13.79 0.19 1.36% |
Minto Apartment Real fundamentals help investors to digest information that contributes to Minto Apartment's financial success or failures. It also enables traders to predict the movement of Minto Stock. The fundamental analysis module provides a way to measure Minto Apartment's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Minto Apartment stock.
Total Debt To Capitalization is likely to gain to 0.54 in 2024. Minto | Total Debt |
Minto Apartment Real Company Total Debt Analysis
Minto Apartment's Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Current Minto Apartment Total Debt | 930.05 M |
Most of Minto Apartment's fundamental indicators, such as Total Debt, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Minto Apartment Real is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Minto Total Debt Driver Correlations
Understanding the fundamental principles of building solid financial models for Minto Apartment is extremely important. It helps to project a fair market value of Minto Stock properly, considering its historical fundamentals such as Total Debt. Since Minto Apartment's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Minto Apartment's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Minto Apartment's interrelated accounts and indicators.
Click cells to compare fundamentals
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
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Minto Short Long Term Debt Total
Short Long Term Debt Total |
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Based on the latest financial disclosure, Minto Apartment Real has a Total Debt of 930.05 M. This is 82.84% lower than that of the Diversified REITs sector and significantly higher than that of the Real Estate industry. The total debt for all Canada stocks is 82.51% higher than that of the company.
Minto Total Debt Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Minto Apartment's direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Minto Apartment could also be used in its relative valuation, which is a method of valuing Minto Apartment by comparing valuation metrics of similar companies.Minto Apartment is currently under evaluation in total debt category among its peers.
Minto Fundamentals
| Return On Equity | -0.0319 | ||||
| Return On Asset | 0.0215 | ||||
| Profit Margin | (0.22) % | ||||
| Operating Margin | 0.59 % | ||||
| Current Valuation | 1.44 B | ||||
| Shares Outstanding | 39.92 M | ||||
| Shares Owned By Insiders | 2.00 % | ||||
| Shares Owned By Institutions | 27.11 % | ||||
| Number Of Shares Shorted | 66.59 K | ||||
| Price To Earning | 6.60 X | ||||
| Price To Book | 0.54 X | ||||
| Price To Sales | 3.54 X | ||||
| Revenue | 157.93 M | ||||
| Gross Profit | 87.8 M | ||||
| EBITDA | 23.17 M | ||||
| Net Income | (116.66 M) | ||||
| Cash And Equivalents | 6.89 M | ||||
| Cash Per Share | 0.19 X | ||||
| Total Debt | 930.05 M | ||||
| Debt To Equity | 1.06 % | ||||
| Current Ratio | 0.30 X | ||||
| Book Value Per Share | 27.00 X | ||||
| Cash Flow From Operations | 92.97 M | ||||
| Short Ratio | 1.07 X | ||||
| Earnings Per Share | (2.63) X | ||||
| Target Price | 19.55 | ||||
| Number Of Employees | 179 | ||||
| Beta | 1.23 | ||||
| Market Capitalization | 558.83 M | ||||
| Total Asset | 2.7 B | ||||
| Retained Earnings | 366.36 M | ||||
| Working Capital | 2.67 M | ||||
| Annual Yield | 0.04 % | ||||
| Net Asset | 2.7 B |
About Minto Apartment Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Minto Apartment Real's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Minto Apartment using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Minto Apartment Real based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Minto Apartment
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 Minto Apartment 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 Minto Apartment will appreciate offsetting losses from the drop in the long position's value.Moving together with Minto Stock
Moving against Minto Stock
| 0.83 | DF | Dividend 15 Split | PairCorr |
| 0.82 | DGS | Dividend Growth Split | PairCorr |
| 0.79 | ESI | Ensign Energy Services | PairCorr |
| 0.79 | LCS | Brompton Lifeco Split Split | PairCorr |
The ability to find closely correlated positions to Minto Apartment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Minto Apartment 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 Minto Apartment - 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 Minto Apartment Real to buy it.
The correlation of Minto Apartment 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 Minto Apartment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Minto Apartment Real 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 Minto Apartment 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.Additional Tools for Minto Stock Analysis
When running Minto Apartment's price analysis, check to measure Minto Apartment'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 Minto Apartment is operating at the current time. Most of Minto Apartment's value examination focuses on studying past and present price action to predict the probability of Minto Apartment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Minto Apartment's price. Additionally, you may evaluate how the addition of Minto Apartment to your portfolios can decrease your overall portfolio volatility.