Madison Non Current Liabilities Total vs Accounts Payable Analysis

MPC Stock  CAD 5.40  0.10  1.89%   
Madison Pacific financial indicator trend analysis is infinitely more than just investigating Madison Pacific Prop recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Madison Pacific Prop is a good investment. Please check the relationship between Madison Pacific Non Current Liabilities Total and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Madison Pacific Properties. 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.

Non Current Liabilities Total vs Accounts Payable

Non Current Liabilities Total vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Madison Pacific Prop Non Current Liabilities Total account and Accounts Payable. At this time, the significance of the direction appears to have pay attention.
The correlation between Madison Pacific's Non Current Liabilities Total and Accounts Payable is -0.71. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Madison Pacific Properties, assuming nothing else is changed. The correlation between historical values of Madison Pacific's Non Current Liabilities Total and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Madison Pacific Properties are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Non Current Liabilities Total i.e., Madison Pacific's Non Current Liabilities Total and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.71
Relationship DirectionNegative 
Relationship StrengthWeak

Non Current Liabilities Total

Accounts Payable

An accounting item on the balance sheet that represents Madison Pacific obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Madison Pacific Prop are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Madison Pacific's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Madison Pacific Prop 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 Madison Pacific Properties. 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.
At this time, Madison Pacific's Tax Provision is very stable compared to the past year. As of the 30th of November 2024, Enterprise Value Over EBITDA is likely to grow to 31.50, while Selling General Administrative is likely to drop about 2.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit26.2M27.5M31.4M20.2M
Total Revenue37.4M40.5M44.5M25.9M

Madison Pacific fundamental ratios Correlations

0.980.610.890.780.730.89-0.720.70.860.70.390.630.98-0.28-0.650.990.640.660.040.570.59-0.06-0.560.180.44
0.980.650.880.80.80.87-0.780.630.870.630.470.690.96-0.27-0.610.990.680.6-0.070.620.640.02-0.620.220.46
0.610.650.790.880.890.78-0.660.260.840.260.640.610.5-0.16-0.710.630.290.290.190.990.490.56-0.490.670.74
0.890.880.790.950.881.0-0.780.660.990.660.570.630.86-0.31-0.790.880.410.660.20.760.570.19-0.560.390.57
0.780.80.880.950.960.95-0.790.460.980.460.650.650.75-0.29-0.820.80.350.460.150.850.50.42-0.540.60.7
0.730.80.890.880.960.87-0.810.30.940.30.730.710.71-0.18-0.710.770.410.320.030.860.510.48-0.610.570.7
0.890.870.781.00.950.87-0.750.670.990.670.560.590.86-0.34-0.80.880.370.660.210.760.540.18-0.510.390.57
-0.72-0.78-0.66-0.78-0.79-0.81-0.75-0.43-0.8-0.43-0.37-0.83-0.710.240.58-0.74-0.65-0.410.09-0.62-0.59-0.250.81-0.28-0.36
0.70.630.260.660.460.30.67-0.430.581.00.130.260.72-0.43-0.410.660.280.930.010.230.58-0.34-0.3-0.16-0.04
0.860.870.840.990.980.940.99-0.80.580.580.630.640.83-0.32-0.790.870.40.570.160.810.550.29-0.560.470.63
0.70.630.260.660.460.30.67-0.431.00.580.130.260.72-0.43-0.410.660.280.930.010.230.58-0.34-0.3-0.16-0.04
0.390.470.640.570.650.730.56-0.370.130.630.130.390.39-0.04-0.50.430.10.2-0.020.640.370.47-0.310.50.57
0.630.690.610.630.650.710.59-0.830.260.640.260.390.590.16-0.40.650.870.37-0.060.550.760.3-0.960.330.37
0.980.960.50.860.750.710.86-0.710.720.830.720.390.59-0.31-0.580.970.610.68-0.070.450.58-0.12-0.540.110.36
-0.28-0.27-0.16-0.31-0.29-0.18-0.340.24-0.43-0.32-0.43-0.040.16-0.310.35-0.280.19-0.09-0.18-0.220.05-0.15-0.2-0.1-0.15
-0.65-0.61-0.71-0.79-0.82-0.71-0.80.58-0.41-0.79-0.41-0.5-0.4-0.580.35-0.63-0.18-0.36-0.27-0.7-0.25-0.270.29-0.51-0.62
0.990.990.630.880.80.770.88-0.740.660.870.660.430.650.97-0.28-0.630.650.63-0.030.60.62-0.01-0.570.220.47
0.640.680.290.410.350.410.37-0.650.280.40.280.10.870.610.19-0.180.650.35-0.180.230.69-0.05-0.860.010.12
0.660.60.290.660.460.320.66-0.410.930.570.930.20.370.68-0.09-0.360.630.35-0.040.240.67-0.37-0.43-0.15-0.05
0.04-0.070.190.20.150.030.210.090.010.160.01-0.02-0.06-0.07-0.18-0.27-0.03-0.18-0.040.21-0.190.280.140.30.4
0.570.620.990.760.850.860.76-0.620.230.810.230.640.550.45-0.22-0.70.60.230.240.210.430.58-0.420.690.74
0.590.640.490.570.50.510.54-0.590.580.550.580.370.760.580.05-0.250.620.690.67-0.190.430.17-0.750.180.22
-0.060.020.560.190.420.480.18-0.25-0.340.29-0.340.470.3-0.12-0.15-0.27-0.01-0.05-0.370.280.580.17-0.140.860.73
-0.56-0.62-0.49-0.56-0.54-0.61-0.510.81-0.3-0.56-0.3-0.31-0.96-0.54-0.20.29-0.57-0.86-0.430.14-0.42-0.75-0.14-0.1-0.13
0.180.220.670.390.60.570.39-0.28-0.160.47-0.160.50.330.11-0.1-0.510.220.01-0.150.30.690.180.86-0.10.91
0.440.460.740.570.70.70.57-0.36-0.040.63-0.040.570.370.36-0.15-0.620.470.12-0.050.40.740.220.73-0.130.91
Click cells to compare fundamentals

Madison Pacific Account Relationship Matchups

Madison Pacific fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets697.5M741.3M842.1M853.4M795.4M403.2M
Short Long Term Debt Total269.2M280.0M310.5M308.8M302.9M181.8M
Total Current Liabilities46.9M66.9M99.8M68.7M115.3M121.1M
Total Stockholder Equity364.9M388.0M450.3M462.7M411.9M432.5M
Property Plant And Equipment Net498.5M542.6M678.8M695.2M799.4M839.4M
Net Debt197.7M237.8M268.5M263.6M288.3M302.7M
Retained Earnings296.3M320.5M377.6M390.0M339.2M356.2M
Accounts Payable737K550K490K671K567K538.7K
Cash71.5M42.3M42.0M45.2M14.6M19.5M
Non Current Assets Total622.3M695.0M796.2M801.8M774.4M813.1M
Cash And Short Term Investments71.5M42.3M42.0M45.2M14.6M19.5M
Net Receivables1.3M581K746K2.6M1.8M2.5M
Common Stock Shares Outstanding58.6M58.6M59.4M59.5M68.4M59.7M
Liabilities And Stockholders Equity697.5M741.3M842.1M853.4M795.4M403.2M
Non Current Liabilities Total277.4M275.3M279.2M309.0M256.4M149.8M
Other Current Assets2.5M3.5M3.2M3.7M4.6M4.4M
Other Stockholder Equity1.1M(719.7M)(377.6M)(865.6M)(779.0M)(740.0M)
Total Liab324.3M342.2M379.0M377.8M371.7M198.7M
Total Current Assets75.3M46.4M46.0M51.5M21.1M33.2M
Accumulated Other Comprehensive Income352.7M373.2M399.2M475.6M546.9M574.3M
Other Current Liab(37.4M)(58.1M)6.6M6.9M7.3M7.6M
Short Term Debt34.4M53.9M87.5M57.3M104.1M109.3M
Inventory61.0M76.0M47.0M51.7M59.5M48.9M
Non Currrent Assets Other18.1M(117.2M)23.2M23.4M713.0M748.7M
Current Deferred Revenue2.2M2.5M2.6M2.7M2.9M2.7M
Other Liab37.0M42.7M49.2M56.3M64.7M32.4M
Net Tangible Assets341.1M364.9M388.0M450.3M517.9M338.1M
Other Assets16.9M18.1M624.1M702.0M807.3M847.6M
Long Term Debt232.6M226.1M223.0M251.4M198.8M209.1M
Long Term Investments61.6M70.8M94.2M83.3M61.3M49.2M
Short Long Term Debt34.4M53.9M87.5M57.3M104.1M59.2M
Property Plant Equipment464.3M498.5M542.6M605.1M695.9M516.6M
Long Term Debt Total148.9M234.8M226.1M223.0M256.4M205.0M
Cash And Equivalents57.0M71.5M42.3M42.0M48.3M47.7M
Net Invested Capital634.1M668.1M760.8M771.5M714.9M704.2M
Net Working Capital28.4M(20.5M)(53.9M)(17.2M)(94.2M)(89.5M)

Pair Trading with Madison Pacific

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 Madison Pacific 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 Madison Pacific will appreciate offsetting losses from the drop in the long position's value.

Moving together with Madison Stock

  0.76META Meta Platforms CDRPairCorr
The ability to find closely correlated positions to Madison Pacific could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Madison Pacific 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 Madison Pacific - 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 Madison Pacific Properties to buy it.
The correlation of Madison Pacific 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 Madison Pacific moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Madison Pacific Prop 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 Madison Pacific 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

Other Information on Investing in Madison Stock

Balance Sheet is a snapshot of the financial position of Madison Pacific Prop at a specified time, usually calculated after every quarter, six months, or one year. Madison Pacific Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Madison Pacific and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Madison currently owns. An asset can also be divided into two categories, current and non-current.