Mid Other Current Assets from 2010 to 2024

MAA Stock  USD 160.01  0.87  0.55%   
Mid America's Other Current Assets are decreasing over the years with slightly volatile fluctuation. Overall, Other Current Assets are projected to go to about -52.3 M this year. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2003-12-31
Previous Quarter
-76.5 M
Current Value
-64.1 M
Quarterly Volatility
548.9 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mid America financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mid America's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.5 B, Interest Expense of 79.9 M or Selling General Administrative of 132.7 M, as well as many indicators such as Price To Sales Ratio of 3.93, Dividend Yield of 0.0686 or PTB Ratio of 1.68. Mid financial statements analysis is a perfect complement when working with Mid America Valuation or Volatility modules.
  
Check out the analysis of Mid America Correlation against competitors.

Latest Mid America's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Mid America Apartment Communities over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Mid America's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mid America's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Mid Other Current Assets Regression Statistics

Arithmetic Mean95,598,170
Coefficient Of Variation380.58
Mean Deviation172,669,444
Median17,414,000
Standard Deviation363,822,751
Sample Variance132367T
Range1.5B
R-Value(0.52)
Mean Square Error104612.7T
R-Squared0.27
Significance0.05
Slope(41,968,236)
Total Sum of Squares1853137.9T

Mid Other Current Assets History

2024-52.3 M
2023-55.1 M
202222.4 M
2021-130.6 M
2020-35.6 M
2019-70.5 M
201817.4 M

About Mid America Financial Statements

Mid America stakeholders use historical fundamental indicators, such as Mid America's Other Current Assets, to determine how well the company is positioned to perform in the future. Although Mid America investors may analyze each financial statement separately, they are all interrelated. For example, changes in Mid America's assets and liabilities are reflected in the revenues and expenses on Mid America's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Mid America Apartment Communities. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets-55.1 M-52.3 M

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When determining whether Mid America Apartment offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mid America's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mid America Apartment Communities Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mid America Apartment Communities Stock:
Check out the analysis of Mid America Correlation against competitors.
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Is Multi-Family Residential REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mid America. If investors know Mid will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mid America listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.039
Dividend Share
5.81
Earnings Share
4.44
Revenue Per Share
18.705
Quarterly Revenue Growth
0.017
The market value of Mid America Apartment is measured differently than its book value, which is the value of Mid that is recorded on the company's balance sheet. Investors also form their own opinion of Mid America's value that differs from its market value or its book value, called intrinsic value, which is Mid America's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mid America's market value can be influenced by many factors that don't directly affect Mid America's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mid America's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mid America is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mid America'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.