Minto Current Deferred Revenue vs Other Stockholder Equity Analysis

MI-UN Stock  CAD 13.79  0.19  1.36%   
Minto Apartment financial indicator trend analysis is infinitely more than just investigating Minto Apartment Real recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Minto Apartment Real is a good investment. Please check the relationship between Minto Apartment Current Deferred Revenue and its Other Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Minto Apartment Real. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Current Deferred Revenue vs Other Stockholder Equity

Current Deferred Revenue vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Minto Apartment Real Current Deferred Revenue account and Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Minto Apartment's Current Deferred Revenue and Other Stockholder Equity is -0.46. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Minto Apartment Real, assuming nothing else is changed. The correlation between historical values of Minto Apartment's Current Deferred Revenue and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Minto Apartment Real are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Current Deferred Revenue i.e., Minto Apartment's Current Deferred Revenue and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.46
Relationship DirectionNegative 
Relationship StrengthVery Weak

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Other Stockholder Equity

Most indicators from Minto Apartment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Minto Apartment Real 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 Minto Apartment Real. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to drop to about 6.4 M in 2024. Tax Provision is likely to drop to about 16.5 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit76.2M87.8M99.2M68.3M
Total Revenue123.5M143.8M157.9M112.7M

Minto Apartment fundamental ratios Correlations

0.94-0.340.770.980.840.961.00.990.940.791.0-0.370.760.860.840.880.950.43-0.430.990.740.760.950.99-0.19
0.94-0.30.790.970.630.980.920.941.00.740.93-0.150.740.840.880.940.820.51-0.350.890.80.780.920.950.07
-0.34-0.3-0.76-0.35-0.27-0.27-0.37-0.29-0.3-0.56-0.370.13-0.670.07-0.07-0.17-0.160.410.11-0.330.1-0.77-0.28-0.30.01
0.770.79-0.760.790.480.740.770.730.790.820.77-0.150.920.390.650.640.550.14-0.360.720.50.990.680.730.18
0.980.97-0.350.790.740.980.970.970.970.840.98-0.270.810.850.840.930.870.39-0.420.940.730.80.970.97-0.03
0.840.63-0.270.480.740.70.870.850.620.550.86-0.630.50.740.580.570.940.29-0.380.910.520.480.780.83-0.64
0.960.98-0.270.740.980.70.950.960.980.750.95-0.230.720.880.850.920.880.47-0.40.930.760.730.940.98-0.01
1.00.92-0.370.770.970.870.950.990.920.81.0-0.410.770.850.810.860.940.39-0.440.990.710.770.960.98-0.22
0.990.94-0.290.730.970.850.960.990.940.760.99-0.360.730.880.860.850.960.49-0.460.990.780.730.940.99-0.19
0.941.0-0.30.790.970.620.980.920.940.740.93-0.140.740.840.880.940.820.51-0.350.890.80.780.920.950.07
0.790.74-0.560.820.840.550.750.80.760.740.8-0.110.960.520.630.70.610.05-0.450.720.470.890.750.730.19
1.00.93-0.370.770.980.860.951.00.990.930.8-0.390.780.850.820.870.940.39-0.430.990.720.770.960.98-0.21
-0.37-0.150.13-0.15-0.27-0.63-0.23-0.41-0.36-0.14-0.11-0.39-0.06-0.29-0.05-0.12-0.490.050.64-0.44-0.02-0.09-0.37-0.360.63
0.760.74-0.670.920.810.50.720.770.730.740.960.78-0.060.420.630.660.550.04-0.360.70.460.960.690.70.22
0.860.840.070.390.850.740.880.850.880.840.520.85-0.290.420.760.890.890.56-0.260.850.740.390.920.88-0.28
0.840.88-0.070.650.840.580.850.810.860.880.630.82-0.050.630.760.790.770.79-0.380.810.980.640.790.830.1
0.880.94-0.170.640.930.570.920.860.850.940.70.87-0.120.660.890.790.760.42-0.210.80.70.650.940.870.03
0.950.82-0.160.550.870.940.880.940.960.820.610.94-0.490.550.890.770.760.49-0.40.980.720.540.890.95-0.43
0.430.510.410.140.390.290.470.390.490.510.050.390.050.040.560.790.420.49-0.20.440.90.090.390.460.03
-0.43-0.350.11-0.36-0.42-0.38-0.4-0.44-0.46-0.35-0.45-0.430.64-0.36-0.26-0.38-0.21-0.4-0.2-0.43-0.33-0.35-0.41-0.42-0.06
0.990.89-0.330.720.940.910.930.990.990.890.720.99-0.440.70.850.810.80.980.44-0.430.730.710.920.98-0.31
0.740.80.10.50.730.520.760.710.780.80.470.72-0.020.460.740.980.70.720.9-0.330.730.480.70.750.07
0.760.78-0.770.990.80.480.730.770.730.780.890.77-0.090.960.390.640.650.540.09-0.350.710.480.690.720.21
0.950.92-0.280.680.970.780.940.960.940.920.750.96-0.370.690.920.790.940.890.39-0.410.920.70.690.94-0.19
0.990.95-0.30.730.970.830.980.980.990.950.730.98-0.360.70.880.830.870.950.46-0.420.980.750.720.94-0.19
-0.190.070.010.18-0.03-0.64-0.01-0.22-0.190.070.19-0.210.630.22-0.280.10.03-0.430.03-0.06-0.310.070.21-0.19-0.19
Click cells to compare fundamentals

Minto Apartment Account Relationship Matchups

Minto Apartment fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.1B2.2B2.4B2.7B2.7B2.0B
Short Long Term Debt Total580.3M630.0M681.7M903.5M930.1M647.8M
Other Current Liab(57.9M)20.7M(12.4M)(102.4M)17.9M18.8M
Total Current Liabilities121.6M70.0M88.3M427.6M137.0M115.6M
Total Stockholder Equity686.8M850.2M1.0B1.2B1.1B758.6M
Other Liab537.4M475.8M503.4M366.4M421.4M395.2M
Net Tangible Assets686.8M850.2M1.0B1.2B1.4B705.3M
Property Plant And Equipment Net2.0B2.1B2.3B2.6B2.4B1.9B
Current Deferred Revenue8.7M9.0M10.1M10.5M11.3M9.0M
Net Debt578.4M627.4M678.8M898.2M926.3M645.7M
Accounts Payable5.6M8.3M23.8M28.7M8.6M11.3M
Non Current Assets Total2.0B2.1B2.4B2.6B2.5B1.9B
Non Currrent Assets Other(2.0B)(2.2B)35.2M68.1M87.9M92.3M
Long Term Debt580.3M630.0M681.7M507.5M747.7M577.1M
Net Receivables21.7M44.0M65.4M101.6M136.5M143.3M
Common Stock Shares Outstanding47.1M59.0M59.7M64.9M65.6M51.6M
Liabilities And Stockholders Equity2.1B2.2B2.4B2.7B2.7B2.0B
Non Current Liabilities Total1.2B1.3B1.3B1.1B1.5B1.1B
Other Current Assets9.2M18.5M4.0M3.8M88.6M93.0M
Other Stockholder Equity(14.0M)(249.0M)(295.9M)(502.7M)(366.4M)(384.7M)
Total Liab1.4B1.4B1.4B1.5B1.6B1.2B
Total Current Assets32.9M65.2M79.8M110.7M228.8M240.3M
Short Term Debt91.0M31.9M124.0M396.0M99.2M95.6M
Property Plant Equipment2.0B2.1B2.3B2.6B2.9B1.8B
Retained Earnings55.3M218.8M295.9M502.7M366.4M343.0M
Accumulated Other Comprehensive Income258.3M(14.0M)(30.2M)(47.3M)(66.4M)0.0
Net Invested Capital580.3M630.0M681.7M2.1B2.0B1.1B
Net Working Capital(7.8M)(7.2M)53.7M(316.9M)2.7M2.8M
Cash1.9M2.6M2.9M5.3M3.7M3.2M
Cash And Short Term Investments1.9M2.6M2.9M5.3M3.7M3.2M
Short Long Term Debt27.1M31.9M55.5M396.0M182.4M129.1M
Non Current Liabilities Other752.6M683.7M712.5M580.4M644.1M532.0M

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

  0.65TAU Thesis GoldPairCorr

Moving against Minto Stock

  0.84DGS Dividend Growth SplitPairCorr
  0.84DF Dividend 15 SplitPairCorr
  0.79ESI Ensign Energy ServicesPairCorr
  0.79LCS Brompton Lifeco Split SplitPairCorr
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.
Pair CorrelationCorrelation Matching

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.