Maple Short Long Term Debt Total vs Other Stockholder Equity Analysis
MFI Stock | CAD 22.62 0.01 0.04% |
Maple Leaf financial indicator trend analysis is infinitely more than just investigating Maple Leaf Foods recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Maple Leaf Foods is a good investment. Please check the relationship between Maple Leaf Short Long Term Debt Total and its Other Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Maple Leaf Foods. 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.
Short Long Term Debt Total vs Other Stockholder Equity
Short Long Term Debt Total vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Maple Leaf Foods Short Long Term Debt Total account and Other Stockholder Equity. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Maple Leaf's Short Long Term Debt Total and Other Stockholder Equity is -0.03. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Maple Leaf Foods, assuming nothing else is changed. The correlation between historical values of Maple Leaf's Short Long Term Debt Total 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 Short Long Term Debt Total of Maple Leaf Foods 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 Short Long Term Debt Total i.e., Maple Leaf's Short Long Term Debt Total and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.03 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Short Long Term Debt Total
Other Stockholder Equity
Most indicators from Maple Leaf's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Maple Leaf Foods 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 Maple Leaf Foods. 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. As of the 24th of November 2024, Selling General Administrative is likely to drop to about 344.5 M. In addition to that, Discontinued Operations is likely to drop to about 868.6 M
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 659.1M | 424.1M | 451.4M | 447.0M | Total Revenue | 4.5B | 4.7B | 4.9B | 4.9B |
Maple Leaf fundamental ratios Correlations
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Maple Leaf Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Maple Leaf fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.5B | 3.9B | 4.4B | 4.4B | 4.6B | 3.1B | |
Short Long Term Debt Total | 782.8M | 986.2M | 1.4B | 1.9B | 2.1B | 2.2B | |
Other Current Liab | 37.9M | 73.5M | 93.7M | 97.0M | 30.8M | 29.3M | |
Total Current Liabilities | 535.1M | 667.0M | 668.7M | 633.9M | 1.0B | 666.0M | |
Total Stockholder Equity | 1.9B | 1.9B | 2.0B | 1.7B | 1.5B | 1.3B | |
Property Plant And Equipment Net | 1.6B | 1.9B | 2.4B | 2.5B | 2.4B | 1.3B | |
Current Deferred Revenue | 11.0M | 11.5M | 12.3M | 12.6M | 14.4M | 19.3M | |
Net Debt | 685.6M | 885.4M | 1.3B | 1.8B | 1.9B | 2.0B | |
Retained Earnings | 1.1B | 1.1B | 1.2B | 809.6M | 597.4M | 501.7M | |
Accounts Payable | 445.8M | 501.5M | 526.2M | 485.1M | 548.4M | 372.1M | |
Cash | 97.3M | 100.8M | 162.0M | 91.1M | 203.4M | 158.6M | |
Non Current Assets Total | 2.6B | 3.0B | 3.4B | 3.4B | 3.4B | 2.3B | |
Non Currrent Assets Other | (76.3M) | 9.6M | 11.6M | 26.9M | 106.3M | 125.6M | |
Cash And Short Term Investments | 97.3M | 100.8M | 162.0M | 91.1M | 203.4M | 153.9M | |
Net Receivables | 186.7M | 193.1M | 202.2M | 273.7M | 305.9M | 181.4M | |
Common Stock Shares Outstanding | 125.2M | 124.3M | 124.7M | 123.6M | 121.8M | 133.8M | |
Liabilities And Stockholders Equity | 3.5B | 3.9B | 4.4B | 4.4B | 4.6B | 3.1B | |
Non Current Liabilities Total | 1.0B | 1.3B | 1.7B | 2.1B | 2.1B | 1.1B | |
Inventory | 504.6M | 523.7M | 547.9M | 630.1M | 657.3M | 392.9M | |
Other Current Assets | 119.0M | 65.1M | 25.0M | 50.9M | 44.9M | 50.3M | |
Other Stockholder Equity | (30.4M) | (18.1M) | (20.9M) | (25.9M) | (4.0M) | (3.8M) | |
Total Liab | 1.6B | 1.9B | 2.3B | 2.8B | 3.1B | 1.7B | |
Property Plant And Equipment Gross | 1.6B | 1.9B | 3.9B | 4.2B | 4.3B | 4.5B | |
Total Current Assets | 874.3M | 882.8M | 937.1M | 1.0B | 1.2B | 824.0M | |
Accumulated Other Comprehensive Income | 2.8M | (13.4M) | (2.5M) | 26.8M | 47.8M | 50.2M | |
Short Term Debt | 40.4M | 80.5M | 36.6M | 39.2M | 438.8M | 460.7M | |
Intangible Assets | 352.7M | 341.2M | 365.3M | 360.6M | 345.1M | 257.5M | |
Good Will | 657.2M | 652.5M | 658.7M | 477.4M | 429.6M | 536.9M | |
Common Stock Total Equity | 835.2M | 849.7M | 840.0M | 839.0M | 755.1M | 697.3M | |
Common Stock | 840.0M | 839.0M | 847.0M | 850.1M | 873.5M | 694.4M | |
Other Liab | 286.7M | 343.1M | 288.7M | 290.8M | 334.5M | 283.0M | |
Net Tangible Assets | 940.0M | 938.8M | 1.0B | 822.7M | 740.4M | 901.5M | |
Other Assets | 12.5M | 23.6M | 51.6M | 69.4M | 62.5M | 55.5M | |
Long Term Debt | 538.4M | 745.0M | 1.2B | 1.7B | 1.6B | 1.6B | |
Short Long Term Debt | 899K | 900K | 5.2M | 921K | 400.7M | 420.8M | |
Property Plant Equipment | 1.6B | 1.9B | 2.4B | 2.5B | 2.8B | 1.7B | |
Long Term Debt Total | 742.4M | 905.7M | 1.4B | 1.9B | 2.1B | 2.2B | |
Treasury Stock | (29.4M) | (30.4M) | (23.9M) | (26.2M) | (23.6M) | (24.8M) | |
Capital Lease Obligations | 243.5M | 240.2M | 175.8M | 182.9M | 180.3M | 150.2M |
Pair Trading with Maple Leaf
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 Maple Leaf 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 Maple Leaf will appreciate offsetting losses from the drop in the long position's value.Moving against Maple Stock
The ability to find closely correlated positions to Maple Leaf could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Maple Leaf 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 Maple Leaf - 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 Maple Leaf Foods to buy it.
The correlation of Maple Leaf 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 Maple Leaf moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Maple Leaf Foods 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 Maple Leaf 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 Maple Stock
Balance Sheet is a snapshot of the financial position of Maple Leaf Foods at a specified time, usually calculated after every quarter, six months, or one year. Maple Leaf Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Maple Leaf 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 Maple currently owns. An asset can also be divided into two categories, current and non-current.