Morguard Historical Financial Ratios
| MRG-UN Stock | CAD 18.58 0.02 0.11% |
Morguard North is lately reporting on over 85 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Days Sales Outstanding of 3.37 will help investors to properly organize and evaluate Morguard North American financial condition quickly.
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About Morguard Financial Ratios Analysis
Morguard North AmericanFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Morguard North investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Morguard financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Morguard North history.
Morguard North Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Morguard North American stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Morguard North sales, a figure that is much harder to manipulate than other Morguard North American multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Morguard North American dividend as a percentage of Morguard North stock price. Morguard North American dividend yield is a measure of Morguard North stock productivity, which can be interpreted as interest rate earned on an Morguard North investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Most ratios from Morguard North's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios 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 fundamentals ratios, 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 closely tied with the direction of predictive economic indicators such as signals in employment. At present, Morguard North's Dividend Yield is projected to increase slightly based on the last few years of reporting. The current year's PTB Ratio is expected to grow to 0.58, whereas Price To Sales Ratio is forecasted to decline to 1.84.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0384 | 0.0292 | 0.0328 | 0.045 | Price To Sales Ratio | 2.82 | 3.28 | 2.48 | 1.84 |
Morguard North fundamentals Correlations
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Morguard North Account Relationship Matchups
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Morguard North fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 2.93 | 2.5 | 2.82 | 3.28 | 2.48 | 1.84 | |
| Dividend Yield | 0.0327 | 0.0428 | 0.0384 | 0.0292 | 0.0328 | 0.045 | |
| Days Sales Outstanding | 4.95 | 8.29 | 2.98 | 4.59 | 2.64 | 3.37 | |
| Book Value Per Share | 31.45 | 34.54 | 39.97 | 32.95 | 35.21 | 22.57 | |
| Free Cash Flow Yield | 0.1 | 0.19 | 0.0805 | 0.0921 | 0.0824 | 0.11 | |
| Operating Cash Flow Per Share | 1.78 | 1.6 | 1.28 | 1.63 | 1.33 | 1.2 | |
| Free Cash Flow Per Share | 3.55 | 1.28 | 1.63 | 1.33 | 1.6 | 1.68 | |
| Roic | 0.0503 | 0.0534 | 0.0357 | (0.009265) | 0.0508 | 0.048 | |
| Net Income Per Share | 1.97 | 4.49 | 6.2 | 3.89 | 3.17 | 4.62 | |
| Days Of Inventory On Hand | 37.9 | (11.69) | 47.57 | 237.39 | 213.66 | 224.34 | |
| Payables Turnover | 3.51 | 2.65 | 4.21 | 3.62 | 3.26 | 4.25 | |
| Sales General And Administrative To Revenue | 0.0529 | 0.0548 | 0.0586 | 0.0695 | 0.0663 | 0.0402 | |
| Cash Per Share | 0.5 | 0.46 | 0.7 | 0.68 | 0.32 | 0.36 | |
| Pocfratio | 11.53 | 12.42 | 10.86 | 12.13 | 9.24 | 14.03 | |
| Pfcf Ratio | 5.21 | 12.42 | 10.86 | 12.13 | 9.24 | 5.45 | |
| Days Payables Outstanding | 137.82 | 86.71 | 100.87 | 111.97 | 110.0 | 78.36 | |
| Income Quality | 0.78 | 0.3 | 0.26 | 0.31 | 0.48 | 0.63 | |
| Roe | 0.0676 | 0.14 | 0.16 | 0.13 | 0.0952 | 0.18 | |
| Ev To Operating Cash Flow | 32.47 | 38.01 | 32.17 | 31.68 | 26.62 | 45.36 | |
| Pe Ratio | 9.38 | 3.55 | 2.86 | 4.16 | 4.66 | 4.17 | |
| Return On Tangible Assets | 0.0249 | 0.0559 | 0.0674 | 0.053 | 0.0431 | 0.0611 | |
| Ev To Free Cash Flow | 14.67 | 38.01 | 32.17 | 31.68 | 26.62 | 26.65 | |
| Earnings Yield | 0.3 | 0.11 | 0.28 | 0.35 | 0.24 | 0.21 | |
| Intangibles To Total Assets | (0.0179) | (0.0162) | (0.0348) | (0.0514) | (0.0462) | (0.0485) | |
| Net Debt To E B I T D A | 9.66 | 9.21 | 19.9 | 9.81 | 6.09 | 8.14 | |
| Current Ratio | 0.69 | 0.32 | 0.83 | 0.74 | 0.19 | 0.34 | |
| Tangible Book Value Per Share | 32.84 | 35.82 | 43.06 | 36.54 | 35.21 | 33.99 | |
| Receivables Turnover | 73.71 | 44.02 | 122.42 | 79.52 | 138.06 | 137.89 | |
| Graham Number | 35.95 | 57.35 | 72.8 | 52.23 | 48.71 | 38.1 | |
| Shareholders Equity Per Share | 29.15 | 32.55 | 38.01 | 31.14 | 33.29 | 21.33 | |
| Debt To Equity | 1.39 | 1.16 | 1.02 | 0.93 | 0.84 | 1.51 |
Pair Trading with Morguard North
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 Morguard North 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 Morguard North will appreciate offsetting losses from the drop in the long position's value.Moving against Morguard Stock
| 0.55 | JPM | JPMorgan Chase | PairCorr |
| 0.45 | BOFA | Bank of America | PairCorr |
| 0.37 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.34 | TD-PFD | Toronto Dominion Bank Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Morguard North could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Morguard North 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 Morguard North - 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 Morguard North American to buy it.
The correlation of Morguard North 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 Morguard North moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Morguard North American 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 Morguard North 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 Morguard Stock
Morguard North AmericanFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Morguard North investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Morguard financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Morguard North history.