MINT Historical Balance Sheet
MID-UN Stock | CAD 7.57 0.06 0.80% |
Trend analysis of MINT Income Fund balance sheet accounts such as Net Debt of 17.6 M provides information on MINT Income's total assets, liabilities, and equity, which is the actual value of MINT Income Fund to its prevalent stockholders. By breaking down trends over time using MINT Income balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining MINT Income Fund latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether MINT Income Fund is a good buy for the upcoming year.
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About MINT Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of MINT Income Fund at a specified time, usually calculated after every quarter, six months, or one year. MINT Income Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of MINT Income 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 MINT currently owns. An asset can also be divided into two categories, current and non-current.
MINT Income Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of MINT Income assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in MINT Income Fund books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on MINT Income balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of MINT Income Fund are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of MINT Income Fund balance sheet. This account contains MINT Income investments that will expire within one year. These investments include stocks and bonds that can be liquidated by MINT Income Fund fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most accounts from MINT Income's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into MINT Income Fund current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 MINT Income Fund. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. At present, MINT Income's Total Assets are projected to decrease significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 22.5 M, whereas Other Current Liabilities is projected to grow to (20 M).
2021 | 2022 | 2023 | 2024 (projected) | Total Stockholder Equity | 88.1M | 83.4M | 72.1M | 86.3M | Total Current Liabilities | 666.7K | 679.8K | 21.5M | 22.5M |
MINT Income balance sheet Correlations
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MINT Income Account Relationship Matchups
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High Negative Relationship
MINT Income balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 126.5M | 77.2M | 98.5M | 89.1M | 93.1M | 105.4M | |
Other Current Liab | (25.9M) | (187.9K) | (10.4M) | (5.7M) | (21.0M) | (20.0M) | |
Total Current Liabilities | 908.8K | 744.1K | 666.7K | 679.8K | 21.5M | 22.5M | |
Total Stockholder Equity | 100.6M | 76.4M | 88.1M | 83.4M | 72.1M | 86.3M | |
Net Debt | 18.5M | (2.7M) | 6.7M | (2.7M) | 16.7M | 17.6M | |
Cash | 6.5M | 2.7M | 3.1M | 7.7M | 3.7M | 3.5M | |
Cash And Short Term Investments | 6.5M | 2.7M | 3.1M | 7.7M | 92.8M | 97.4M | |
Net Receivables | 939.4K | 334.6K | 300.6K | 369.2K | 358.3K | 653.6K | |
Common Stock Shares Outstanding | 19.5M | 15.2M | 14.0M | 13.3M | 12.3M | 18.2M | |
Short Term Investments | 119.0M | 74.1M | 95.1M | 81.0M | 89.1M | 96.7M | |
Liabilities And Stockholders Equity | 126.5M | 77.2M | 98.5M | 89.1M | 93.1M | 105.4M | |
Total Liab | 25.9M | 744.1K | 10.4M | 5.7M | 21.0M | 19.2M | |
Total Current Assets | 7.4M | 3.0M | 3.4M | 8.1M | 93.1M | 46.6M | |
Accounts Payable | 908.8K | 187.9K | 666.7K | 679.8K | 595.0K | 565.2K | |
Short Long Term Debt Total | 10M | 25M | 9.8M | 5M | 20.4M | 19.6M | |
Non Current Assets Total | 119.0M | 74.1M | 95.1M | 81.0M | 72.9M | 96.2M | |
Non Currrent Assets Other | (119.0M) | (74.1M) | (95.1M) | (81.0M) | (89.1M) | (93.5M) | |
Non Current Liabilities Total | 25M | 744.1K | 9.8M | 5M | 595.0K | 565.2K | |
Current Deferred Revenue | (9.0M) | (24.1M) | (9.1M) | (4.3M) | 19.8M | 20.8M | |
Retained Earnings | (15.8M) | (23.5M) | (2.0M) | 1.4M | 1.4M | 1.5M | |
Inventory | 126.5M | 77.2M | 98.5M | 89.1M | (89.1M) | (93.5M) | |
Other Current Assets | 452.8K | (77.2M) | 29.6K | (89.1M) | (93.1M) | (88.5M) | |
Short Term Debt | 10M | 25M | 9.8M | 5M | 20.4M | 20.8M | |
Common Stock | 116.4M | 99.9M | 90.1M | 82.0M | 70.7M | 102.5M | |
Other Assets | 6.6K | 49.4K | 29.6K | 93.1M | 107.1M | 112.4M |
Pair Trading with MINT Income
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 MINT Income 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 MINT Income will appreciate offsetting losses from the drop in the long position's value.Moving together with MINT Stock
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0.65 | PHYS | Sprott Physical Gold | PairCorr |
The ability to find closely correlated positions to MINT Income could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MINT Income 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 MINT Income - 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 MINT Income Fund to buy it.
The correlation of MINT Income 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 MINT Income moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MINT Income Fund 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 MINT Income 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.Other Information on Investing in MINT Stock
Balance Sheet is a snapshot of the financial position of MINT Income Fund at a specified time, usually calculated after every quarter, six months, or one year. MINT Income Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of MINT Income 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 MINT currently owns. An asset can also be divided into two categories, current and non-current.