Morguard Retained Earnings vs Total Assets Analysis

MRG-UN Stock

CAD 15.50 0.05 0.32%

Morguard North financial indicator trend analysis is infinitely more than just investigating Morguard North American recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Morguard North American is a good investment. Please check the relationship between Morguard North Retained Earnings and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Morguard North American. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.

Retained Earnings vs Total Assets

Retained Earnings vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Morguard North American Retained Earnings account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Morguard North's Retained Earnings and Total Assets is 0.82. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Assets in the same time period over historical financial statements of Morguard North American, assuming nothing else is changed. The correlation between historical values of Morguard North's Retained Earnings and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Morguard North American are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Retained Earnings i.e., Morguard North's Retained Earnings and Total Assets go up and down completely randomly.

Correlation Coefficient

0.82

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Total Assets

Total assets refers to the total amount of Morguard North 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 Morguard North American 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.

Most indicators from Morguard North's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Morguard North American 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 Morguard North American. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.

At present, Morguard North's Enterprise Value Over EBITDA is projected to drop slightly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 27.04, whereas Selling General Administrative is forecasted to decline to about 10.4 M.

	2021	2022	2023	2024 (projected)
Total Revenue	245.6M	278.5M	331.6M	228.7M
Interest Expense	46.4M	49.9M	60.7M	46.6M

Total Revenue Interest Expense

Morguard North fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	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	Current Deferred Revenue	Retained Earnings	Common Stock	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Accounts Payable	Other Assets
Total Assets		0.95	-0.07	0.66	0.97	0.94	0.61	1.0	0.89	0.6	0.88	0.91	0.97	0.16	-0.67	0.97	0.54	0.56	0.97	0.82	0.96	0.69	0.87	0.89	0.89	-0.28
Short Long Term Debt Total	0.95		0.17	0.67	0.85	1.0	0.64	0.96	0.81	0.63	0.79	0.92	0.99	0.04	-0.75	0.99	0.39	0.55	0.97	0.69	0.89	0.56	0.7	0.81	0.76	-0.25
Other Current Liab	-0.07	0.17		0.2	-0.29	0.21	0.13	-0.05	-0.11	0.13	-0.26	0.05	0.1	-0.26	-0.21	0.12	-0.35	0.05	0.04	-0.37	-0.23	-0.4	-0.45	-0.12	-0.22	0.2
Total Current Liabilities	0.66	0.67	0.2		0.61	0.67	0.25	0.65	0.66	0.24	0.7	0.64	0.58	0.17	-0.62	0.66	0.46	0.88	0.58	0.53	0.55	0.52	0.53	0.53	0.57	-0.21
Total Stockholder Equity	0.97	0.85	-0.29	0.61		0.83	0.54	0.96	0.89	0.53	0.92	0.82	0.88	0.2	-0.54	0.88	0.59	0.54	0.9	0.88	0.96	0.76	0.96	0.9	0.92	-0.3
Net Debt	0.94	1.0	0.21	0.67	0.83		0.64	0.95	0.79	0.63	0.77	0.93	0.99	0.06	-0.76	0.99	0.41	0.54	0.97	0.68	0.87	0.54	0.67	0.78	0.75	-0.24
Cash	0.61	0.64	0.13	0.25	0.54	0.64		0.61	0.6	1.0	0.46	0.71	0.66	-0.06	-0.57	0.64	0.24	0.16	0.57	0.43	0.63	0.22	0.41	0.53	0.44	-0.1
Non Current Assets Total	1.0	0.96	-0.05	0.65	0.96	0.95	0.61		0.89	0.6	0.87	0.91	0.97	0.12	-0.66	0.97	0.51	0.56	0.97	0.82	0.96	0.68	0.86	0.9	0.89	-0.29
Non Currrent Assets Other	0.89	0.81	-0.11	0.66	0.89	0.79	0.6	0.89		0.59	0.73	0.78	0.82	0.06	-0.52	0.84	0.43	0.57	0.83	0.77	0.89	0.64	0.85	0.9	0.87	-0.24
Cash And Short Term Investments	0.6	0.63	0.13	0.24	0.53	0.63	1.0	0.6	0.59		0.45	0.7	0.65	-0.06	-0.57	0.63	0.24	0.15	0.56	0.41	0.62	0.2	0.39	0.52	0.43	-0.09
Net Receivables	0.88	0.79	-0.26	0.7	0.92	0.77	0.46	0.87	0.73	0.45		0.74	0.78	0.3	-0.55	0.81	0.71	0.63	0.79	0.81	0.82	0.75	0.88	0.72	0.81	-0.27
Common Stock Shares Outstanding	0.91	0.92	0.05	0.64	0.82	0.93	0.71	0.91	0.78	0.7	0.74		0.93	0.2	-0.88	0.94	0.51	0.51	0.89	0.66	0.88	0.49	0.65	0.73	0.7	-0.21
Non Current Liabilities Total	0.97	0.99	0.1	0.58	0.88	0.99	0.66	0.97	0.82	0.65	0.78	0.93		0.11	-0.73	0.99	0.45	0.47	0.98	0.72	0.91	0.57	0.72	0.82	0.79	-0.24
Other Current Assets	0.16	0.04	-0.26	0.17	0.2	0.06	-0.06	0.12	0.06	-0.06	0.3	0.2	0.11		-0.34	0.12	0.81	-0.03	0.07	0.04	0.03	0.04	0.13	-0.07	0.06	0.32
Other Stockholder Equity	-0.67	-0.75	-0.21	-0.62	-0.54	-0.76	-0.57	-0.66	-0.52	-0.57	-0.55	-0.88	-0.73	-0.34		-0.75	-0.45	-0.5	-0.66	-0.38	-0.59	-0.29	-0.35	-0.43	-0.4	0.14
Total Liab	0.97	0.99	0.12	0.66	0.88	0.99	0.64	0.97	0.84	0.63	0.81	0.94	0.99	0.12	-0.75		0.48	0.54	0.98	0.73	0.9	0.59	0.73	0.82	0.8	-0.25
Total Current Assets	0.54	0.39	-0.35	0.46	0.59	0.41	0.24	0.51	0.43	0.24	0.71	0.51	0.45	0.81	-0.45	0.48		0.32	0.4	0.51	0.43	0.49	0.53	0.3	0.52	-0.01
Short Term Debt	0.56	0.55	0.05	0.88	0.54	0.54	0.16	0.56	0.57	0.15	0.63	0.51	0.47	-0.03	-0.5	0.54	0.32		0.51	0.67	0.49	0.74	0.54	0.53	0.58	-0.64
Current Deferred Revenue	0.97	0.97	0.04	0.58	0.9	0.97	0.57	0.97	0.83	0.56	0.79	0.89	0.98	0.07	-0.66	0.98	0.4	0.51		0.76	0.92	0.63	0.78	0.87	0.81	-0.31
Retained Earnings	0.82	0.69	-0.37	0.53	0.88	0.68	0.43	0.82	0.77	0.41	0.81	0.66	0.72	0.04	-0.38	0.73	0.51	0.67	0.76		0.84	0.95	0.91	0.83	0.9	-0.68
Common Stock	0.96	0.89	-0.23	0.55	0.96	0.87	0.63	0.96	0.89	0.62	0.82	0.88	0.91	0.03	-0.59	0.9	0.43	0.49	0.92	0.84		0.68	0.89	0.91	0.88	-0.32
Other Liab	0.69	0.56	-0.4	0.52	0.76	0.54	0.22	0.68	0.64	0.2	0.75	0.49	0.57	0.04	-0.29	0.59	0.49	0.74	0.63	0.95	0.68		0.83	0.7	0.81	-0.78
Net Tangible Assets	0.87	0.7	-0.45	0.53	0.96	0.67	0.41	0.86	0.85	0.39	0.88	0.65	0.72	0.13	-0.35	0.73	0.53	0.54	0.78	0.91	0.89	0.83		0.88	0.92	-0.39
Property Plant And Equipment Net	0.89	0.81	-0.12	0.53	0.9	0.78	0.53	0.9	0.9	0.52	0.72	0.73	0.82	-0.07	-0.43	0.82	0.3	0.53	0.87	0.83	0.91	0.7	0.88		0.93	-0.4
Accounts Payable	0.89	0.76	-0.22	0.57	0.92	0.75	0.44	0.89	0.87	0.43	0.81	0.7	0.79	0.06	-0.4	0.8	0.52	0.58	0.81	0.9	0.88	0.81	0.92	0.93		-0.43
Other Assets	-0.28	-0.25	0.2	-0.21	-0.3	-0.24	-0.1	-0.29	-0.24	-0.09	-0.27	-0.21	-0.24	0.32	0.14	-0.25	-0.01	-0.64	-0.31	-0.68	-0.32	-0.78	-0.39	-0.4	-0.43

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Morguard North Account Relationship Matchups

Morguard North fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.0B	3.1B	3.5B	3.9B	4.1B	2.8B
Short Long Term Debt Total	1.3B	1.3B	1.4B	1.5B	1.7B	1.2B
Other Current Liab	11.3M	11.1M	11.7M	8.7M	7.9M	14.7M
Total Current Liabilities	78.1M	155.9M	144.7M	273.7M	222.4M	171.8M
Total Stockholder Equity	1.1B	1.3B	1.5B	1.8B	1.9B	1.0B
Net Debt	1.3B	1.3B	1.4B	1.5B	1.5B	1.3B
Cash	17.7M	27.3M	26.6M	14.6M	17.8M	17.4M
Non Current Assets Total	3.0B	3.0B	3.4B	3.7B	4.1B	2.7B
Non Currrent Assets Other	2.9B	2.9B	3.3B	3.6B	4.2B	2.3B
Cash And Short Term Investments	17.7M	27.3M	26.6M	14.6M	16.8M	17.2M
Net Receivables	3.3M	5.6M	7.2M	11.4M	9.6M	5.3M
Common Stock Shares Outstanding	39.0M	39.0M	39.1M	39.1M	37.7M	34.5M
Liabilities And Stockholders Equity	3.0B	3.1B	3.5B	3.9B	4.5B	2.6B
Non Current Liabilities Total	1.7B	1.6B	1.8B	1.8B	1.9B	1.5B
Other Current Assets	20.0M	17.2M	70M	80.7M	2.6M	2.5M
Total Liab	1.8B	1.7B	1.9B	2.1B	2.1B	1.7B
Total Current Assets	54.2M	50.1M	120.8M	202.1M	43.2M	70.2M
Accumulated Other Comprehensive Income	84.1M	69.3M	68.4M	144.5M	166.2M	174.5M
Short Term Debt	29.7M	113.8M	97.0M	219.9M	252.9M	265.6M
Current Deferred Revenue	11.3M	11.3M	11.1M	11.7M	13.4M	10.7M
Retained Earnings	534.9M	682.8M	897.6M	1.1B	1.2B	1.3B
Common Stock	468.6M	469.2M	470.0M	470.8M	541.4M	407.3M
Other Liab	115.2M	110.1M	175.7M	262.8M	302.2M	317.3M
Net Tangible Assets	1.1B	1.3B	1.5B	1.8B	2.0B	1.2B
Accounts Payable	37.2M	30.9M	36.1M	45.0M	45.6M	37.7M
Long Term Debt	1.3B	1.2B	1.3B	1.2B	1.4B	1.4B
Short Long Term Debt	29.7M	113.8M	97.0M	219.9M	167.6M	138.5M
Property Plant Equipment	2.9B	2.9B	3.3B	3.6B	4.2B	3.1B
Non Current Liabilities Other	318.5M	274.7M	305.0M	279.0M	254.4M	306.5M
Capital Lease Obligations	9.3M	9.1M	9.1M	16.2M	16.1M	12.3M
Net Invested Capital	2.5B	2.6B	2.9B	3.2B	3.4B	3.0B
Long Term Investments	106.5M	93.0M	96.4M	105.5M	53.3M	83.7M
Net Working Capital	(23.9M)	(105.8M)	(23.9M)	(71.6M)	(179.2M)	(188.2M)
Capital Stock	468.6M	469.2M	470.0M	470.8M	448.2M	494.1M

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Morguard North in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Morguard North's short interest history, or implied volatility extrapolated from Morguard North options trading.

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Morguard North American. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.

You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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

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Please note, there is a significant difference between Morguard North's value and its price as these two are different measures arrived at by different means. Investors typically determine if Morguard North is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Morguard North's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Morguard Retained Earnings vs Total Assets Analysis

Retained Earnings vs Total Assets

Retained Earnings vs Total Assets Correlation Analysis

Correlation Coefficient

Retained Earnings

Total Assets

Morguard North fundamental ratios Correlations

Morguard North Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Morguard North fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Morguard Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.99	Net Debt

Other Stockholder Equity	- 0.88	Common Stock Shares Outstanding
Other Assets	- 0.78	Other Liab
Other Stockholder Equity	- 0.76	Net Debt
Total Liab	- 0.75	Other Stockholder Equity
Other Stockholder Equity	- 0.75	Short Long Term Debt Total
Other Stockholder Equity	- 0.73	Non Current Liabilities Total