Melcor Net Income vs Net Interest Income Analysis

MR-UN Stock

CAD 5.17 0.01 0.19%

Melcor Real financial indicator trend analysis is infinitely more than just investigating Melcor Real Estate recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Melcor Real Estate is a good investment. Please check the relationship between Melcor Real Net Income and its Net Interest Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Melcor Real Estate. 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.

Net Income vs Net Interest Income

Net Income vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Melcor Real Estate Net Income account and Net Interest Income. At this time, the significance of the direction appears to have weak relationship.

The correlation between Melcor Real's Net Income and Net Interest Income is 0.34. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Melcor Real Estate, assuming nothing else is changed. The correlation between historical values of Melcor Real's Net Income and Net Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Melcor Real Estate are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Net Income i.e., Melcor Real's Net Income and Net Interest Income go up and down completely randomly.

Correlation Coefficient

0.34

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Melcor Real Estate financial statement analysis. It represents the amount of money remaining after all of Melcor Real Estate operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Most indicators from Melcor Real's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Melcor Real Estate 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 Melcor Real Estate. 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, Melcor Real's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 21.00 in 2024, whereas Selling General Administrative is likely to drop slightly above 2.9 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	43.8M	43.0M	42.7M	41.2M
Total Revenue	74.1M	74.1M	73.9M	69.4M

Gross Profit Total Revenue

Melcor Real fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue	Retained Earnings	Other Liab	Net Tangible Assets	Other Assets
Total Assets		0.96	0.39	0.53	0.63	0.99	0.96	-0.53	0.31	1.0	0.23	0.31	-0.07	0.65	0.96	0.39	0.64	0.99	0.41	0.45	-0.65	0.04	0.61	0.54	0.3	0.57
Short Long Term Debt Total	0.96		0.32	0.67	0.61	0.94	1.0	-0.31	0.24	0.95	0.09	0.24	-0.03	0.62	0.88	0.43	0.65	0.95	0.43	0.61	-0.56	0.13	0.53	0.56	0.34	0.71
Other Current Liab	0.39	0.32		0.12	0.12	0.34	0.3	-0.17	0.78	0.34	0.52	0.78	-0.22	0.4	0.41	0.49	0.34	0.4	0.61	-0.08	-0.3	0.15	0.17	0.15	-0.13	0.13
Total Current Liabilities	0.53	0.67	0.12		0.6	0.47	0.67	0.25	-0.01	0.49	-0.22	-0.01	0.12	0.43	0.28	0.64	0.45	0.49	0.58	0.98	-0.18	0.3	0.38	0.3	0.72	0.94
Total Stockholder Equity	0.63	0.61	0.12	0.6		0.63	0.63	-0.15	-0.31	0.63	0.17	-0.31	0.12	0.54	0.44	0.42	0.11	0.54	0.31	0.58	-0.1	0.17	0.79	0.11	0.61	0.51
Property Plant And Equipment Net	0.99	0.94	0.34	0.47	0.63		0.94	-0.57	0.27	1.0	0.23	0.27	-0.06	0.62	0.97	0.31	0.6	0.99	0.33	0.4	-0.63	0.02	0.61	0.55	0.26	0.51
Net Debt	0.96	1.0	0.3	0.67	0.63	0.94		-0.3	0.22	0.95	0.08	0.22	-0.02	0.62	0.87	0.42	0.63	0.95	0.42	0.62	-0.55	0.14	0.54	0.55	0.35	0.71
Accounts Payable	-0.53	-0.31	-0.17	0.25	-0.15	-0.57	-0.3		-0.32	-0.55	-0.31	-0.32	0.04	-0.2	-0.67	0.21	-0.3	-0.55	0.13	0.29	0.47	0.51	-0.36	-0.24	0.21	0.21
Cash	0.31	0.24	0.78	-0.01	-0.31	0.27	0.22	-0.32		0.27	0.22	1.0	-0.16	0.26	0.43	0.31	0.6	0.39	0.5	-0.16	-0.52	-0.17	-0.1	0.29	-0.32	0.06
Non Current Assets Total	1.0	0.95	0.34	0.49	0.63	1.0	0.95	-0.55	0.27		0.22	0.27	-0.06	0.63	0.96	0.32	0.61	0.99	0.34	0.42	-0.63	0.03	0.61	0.55	0.28	0.53
Non Currrent Assets Other	0.23	0.09	0.52	-0.22	0.17	0.23	0.08	-0.31	0.22	0.22		0.22	-0.72	0.45	0.3	0.01	-0.32	0.22	0.04	-0.32	-0.21	0.17	0.34	-0.22	-0.04	-0.2
Cash And Short Term Investments	0.31	0.24	0.78	-0.01	-0.31	0.27	0.22	-0.32	1.0	0.27	0.22		-0.16	0.26	0.43	0.31	0.6	0.39	0.5	-0.16	-0.52	-0.17	-0.1	0.29	-0.32	0.06
Net Receivables	-0.07	-0.03	-0.22	0.12	0.12	-0.06	-0.02	0.04	-0.16	-0.06	-0.72	-0.16		-0.35	-0.13	-0.07	0.18	-0.1	-0.07	0.16	0.38	-0.42	-0.16	0.13	0.0	0.02
Common Stock Shares Outstanding	0.65	0.62	0.4	0.43	0.54	0.62	0.62	-0.2	0.26	0.63	0.45	0.26	-0.35		0.58	0.47	0.44	0.63	0.47	0.35	-0.7	0.01	0.81	-0.15	0.43	0.38
Non Current Liabilities Total	0.96	0.88	0.41	0.28	0.44	0.97	0.87	-0.67	0.43	0.96	0.3	0.43	-0.13	0.58		0.24	0.63	0.98	0.29	0.2	-0.71	-0.05	0.51	0.55	0.08	0.37
Other Current Assets	0.39	0.43	0.49	0.64	0.42	0.31	0.42	0.21	0.31	0.32	0.01	0.31	-0.07	0.47	0.24		0.47	0.36	0.98	0.54	-0.39	0.28	0.35	0.11	0.61	0.7
Other Stockholder Equity	0.64	0.65	0.34	0.45	0.11	0.6	0.63	-0.3	0.6	0.61	-0.32	0.6	0.18	0.44	0.63	0.47		0.68	0.55	0.38	-0.74	-0.15	0.29	0.46	0.13	0.48
Total Liab	0.99	0.95	0.4	0.49	0.54	0.99	0.95	-0.55	0.39	0.99	0.22	0.39	-0.1	0.63	0.98	0.36	0.68		0.4	0.41	-0.69	0.02	0.55	0.57	0.24	0.55
Total Current Assets	0.41	0.43	0.61	0.58	0.31	0.33	0.42	0.13	0.5	0.34	0.04	0.5	-0.07	0.47	0.29	0.98	0.55	0.4		0.46	-0.45	0.21	0.27	0.17	0.48	0.66
Short Term Debt	0.45	0.61	-0.08	0.98	0.58	0.4	0.62	0.29	-0.16	0.42	-0.32	-0.16	0.16	0.35	0.2	0.54	0.38	0.41	0.46		-0.12	0.27	0.34	0.27	0.74	0.92
Common Stock	-0.65	-0.56	-0.3	-0.18	-0.1	-0.63	-0.55	0.47	-0.52	-0.63	-0.21	-0.52	0.38	-0.7	-0.71	-0.39	-0.74	-0.69	-0.45	-0.12		0.13	-0.51	-0.17	-0.21	-0.27
Current Deferred Revenue	0.04	0.13	0.15	0.3	0.17	0.02	0.14	0.51	-0.17	0.03	0.17	-0.17	-0.42	0.01	-0.05	0.28	-0.15	0.02	0.21	0.27	0.13		-0.03	0.31	0.22	0.38
Retained Earnings	0.61	0.53	0.17	0.38	0.79	0.61	0.54	-0.36	-0.1	0.61	0.34	-0.1	-0.16	0.81	0.51	0.35	0.29	0.55	0.27	0.34	-0.51	-0.03		-0.18	0.5	0.28
Other Liab	0.54	0.56	0.15	0.3	0.11	0.55	0.55	-0.24	0.29	0.55	-0.22	0.29	0.13	-0.15	0.55	0.11	0.46	0.57	0.17	0.27	-0.17	0.31	-0.18		-0.12	0.45
Net Tangible Assets	0.3	0.34	-0.13	0.72	0.61	0.26	0.35	0.21	-0.32	0.28	-0.04	-0.32	0.0	0.43	0.08	0.61	0.13	0.24	0.48	0.74	-0.21	0.22	0.5	-0.12		0.67
Other Assets	0.57	0.71	0.13	0.94	0.51	0.51	0.71	0.21	0.06	0.53	-0.2	0.06	0.02	0.38	0.37	0.7	0.48	0.55	0.66	0.92	-0.27	0.38	0.28	0.45	0.67

Click cells to compare fundamentals

Melcor Real Account Relationship Matchups

Melcor Real fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	783.5M	724.7M	735.7M	730.8M	701.0M	724.3M
Short Long Term Debt Total	446.4M	443.4M	441.6M	515.2M	418.6M	406.8M
Other Current Liab	8.1M	9.4M	10.0M	10.8M	8.1M	10.6M
Total Current Liabilities	86.3M	100.5M	85.1M	127.7M	152.6M	92.1M
Total Stockholder Equity	188.7M	188.4M	165.8M	189.2M	199.3M	196.9M
Property Plant And Equipment Net	753.5M	693.0M	699.1M	672.0M	630.0M	685.2M
Net Debt	444.1M	439.7M	434.4M	511.9M	415.3M	402.3M
Accounts Payable	1.4M	2.0M	1.6M	2.2M	1.9M	1.9M
Cash	2.3M	3.7M	7.3M	3.3M	3.3M	3.5M
Non Current Assets Total	776.4M	716.4M	724.4M	703.9M	660.8M	709.0M
Non Currrent Assets Other	22.7M	23.3M	24.7M	28.2M	28.0M	26.6M
Cash And Short Term Investments	2.3M	3.7M	7.3M	3.3M	3.3M	3.5M
Net Receivables	2.6M	2.8M	2.0M	2.1M	2.1M	2.3M
Common Stock Shares Outstanding	13.2M	29.2M	13.0M	29.1M	29.1M	25.3M
Liabilities And Stockholders Equity	783.5M	724.7M	735.7M	730.8M	701.0M	724.3M
Non Current Liabilities Total	508.5M	435.7M	484.8M	413.9M	349.1M	435.3M
Other Current Assets	3.2M	1.8M	2.0M	21.5M	34.8M	36.5M
Other Stockholder Equity	40.8M	41.3M	41.6M	41.6M	47.8M	50.2M
Total Liab	594.8M	536.3M	569.8M	541.6M	501.7M	527.4M
Total Current Assets	7.1M	8.3M	11.2M	26.8M	40.2M	42.2M
Short Term Debt	73.5M	89.2M	73.5M	114.6M	139.0M	78.8M
Common Stock	118.3M	117.5M	116.7M	116.6M	105.0M	91.2M
Current Deferred Revenue	3.2M	3.1M	3.4M	3.6M	3.5M	3.7M
Retained Earnings	29.6M	29.7M	7.6M	31.0M	41.1M	33.5M
Other Liab	4.7M	3.6M	7.2M	2.2M	2.6M	3.7M
Net Tangible Assets	188.7M	188.4M	165.8M	189.2M	217.6M	201.8M
Other Assets	22.7M	23.3M	24.7M	28.2M	32.4M	24.9M
Deferred Long Term Liab	15.7M	15.6M	16.7M	19.9M	22.9M	17.2M
Property Plant Equipment	753.5M	693.0M	699.1M	672.0M	772.8M	748.0M
Long Term Debt	372.9M	354.2M	368.1M	400.5M	279.6M	375.2M
Net Invested Capital	635.1M	631.8M	607.5M	704.4M	617.1M	675.8M
Short Long Term Debt	73.5M	89.2M	73.5M	114.6M	138.2M	95.8M
Net Working Capital	(79.1M)	(92.2M)	(73.9M)	(100.8M)	(112.4M)	(118.0M)
Capital Stock	118.3M	117.5M	116.7M	116.6M	105.0M	93.9M

Pair Trading with Melcor Real

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 Melcor Real 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 Melcor Real will appreciate offsetting losses from the drop in the long position's value.

Moving together with Melcor Stock

0.73	DGS	Dividend Growth Split	Pair Corr
0.7	DF	Dividend 15 Split	Pair Corr

The ability to find closely correlated positions to Melcor Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Melcor Real 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 Melcor Real - 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 Melcor Real Estate to buy it.

The correlation of Melcor Real 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 Melcor Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Melcor Real Estate 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 Melcor Real 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 Correlation Correlation Matching

Additional Tools for Melcor Stock Analysis

When running Melcor Real's price analysis, check to measure Melcor Real'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 Melcor Real is operating at the current time. Most of Melcor Real's value examination focuses on studying past and present price action to predict the probability of Melcor Real's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Melcor Real's price. Additionally, you may evaluate how the addition of Melcor Real to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC