MFS Multimarket Financials

MMT Stock  USD 4.68  0.01  0.21%   
Based on the key indicators related to MFS Multimarket's liquidity, profitability, solvency, and operating efficiency, MFS Multimarket Income may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, MFS Multimarket's Net Invested Capital is comparatively stable compared to the past year. Key indicators impacting MFS Multimarket's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.230.32
Way Down
Slightly volatile
Current Ratio0.09860.1
Fairly Down
Slightly volatile
The financial analysis of MFS Multimarket is a critical element in measuring its lifeblood. Investors should not minimize MFS Multimarket's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

17.01 Million

  
Understanding current and past MFS Multimarket Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of MFS Multimarket's financial statements are interrelated, with each one affecting the others. For example, an increase in MFS Multimarket's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in MFS Multimarket's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of MFS Multimarket Income. Check MFS Multimarket's Beneish M Score to see the likelihood of MFS Multimarket's management manipulating its earnings.

MFS Multimarket Stock Summary

MFS Multimarket competes with MFS High, MFS High, MFS Intermediate, Blackrock Muniholdings, and MFS Investment. MFS Multimarket Income Trust is a closed ended fixed income mutual fund launched and managed by MFS Investment Management, Inc. MFS Multimarket Income Trust was formed on March 12, 1987 and is domiciled in the Unites States. MFS Multimarket is traded on New York Stock Exchange in the United States.
Specialization
Financial Services, Financial Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS5527371083
CUSIP552737108
LocationMassachusetts; U.S.A
Business Address111 Huntington Avenue,
SectorCapital Markets
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.mfs.com/en-us/individual-investor/prod
Phone617 954 5000
CurrencyUSD - US Dollar

MFS Multimarket Key Financial Ratios

MFS Multimarket Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets484.2M474.9M387.4M368.1M331.2M418.1M
Net Tangible Assets407.9M372.6M369.8M281.8M253.6M359.6M
Retained Earnings(12.9M)(5.1M)(86.4M)(81.9M)(94.2M)(98.9M)
Accounts Payable6.1M4.0M2.9M7.3M6.6M7.2M
Cash331.7K443.0474.9K13.011.711.12
Other Assets120.3K659.6K9.9K(11.3K)(10.2K)(9.7K)
Net Receivables10.8M7.1M7.9M11.8M10.6M8.7M
Total Liab111.6M105.1M105.6M103.6M119.1M96.1M
Other Liab155.4K102.7K164.9K295.9K266.3K253.0K
Other Current Liab(106.1M)(104.0M)(2.9M)(102.3M)(92.1M)(87.5M)
Other Current Assets1.4M1.3M1.3M899.9K809.9K850.4K
Total Current Assets11.2M7.1M8.4M11.9M10.7M8.2M
Common Stock385.5M374.9M368.3M346.3M311.7M355.3M
Inventory(1.4M)(1.3M)(1.3M)(899.9K)(809.9K)(850.4K)
Net Debt99.7M100.0M99.5M95.0M85.5M79.2M
Net Invested Capital472.6M469.8M381.8M359.5M323.5M350.7M
Capital Stock385.5M374.9M368.3M346.3M311.7M302.5M

MFS Multimarket Key Income Statement Accounts

The reason investors look at the income statement is to determine what MFS Multimarket's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense1.3M783.2K1.8M5.6M6.4M6.7M
Total Revenue17.1M26.7M(57.1M)18.6M16.7M17.3M
Gross Profit17.1M26.7M(57.1M)18.6M16.7M16.6M
Operating Income16.4M26.1M(55.9M)18.0M16.2M15.7M
Ebit16.4M26.1M(55.9M)18.0M16.2M15.4M
Cost Of Revenue3.0M2.8M2.6M2.6M2.4M1.6M
Income Before Tax16.4M26.1M(57.6M)18.0M16.2M13.7M
Net Income16.4M26.1M(57.6M)18.0M16.2M17.0M
Income Tax Expense16.4M26.1M16.6M18.0M20.7M21.7M
Research Development0.660.722.8734.1239.2441.2
Net Interest Income20.8M19.5M17.5M17.5M15.7M16.3M
Interest Income22.1M20.3M19.2M23.0M20.7M18.2M
Ebitda16.4M26.1M(55.9M)18.0M16.2M9.4M

MFS Multimarket Key Cash Accounts

201920202021202220232024 (projected)
Sale Purchase Of Stock(18.1M)(2.4M)(4.0M)(12.1M)(10.9M)(11.4M)
Change In Cash(281.9K)208.7K(80.6K)(539.9K)(620.8K)(651.9K)
Dividends Paid31.0M29.2M26.0M23.0M20.7M27.0M
Total Cash From Operating Activities48.9M31.8M29.9M39.6M45.6M37.5M
Net Income16.4M26.1M(57.6M)18.0M16.2M12.1M
Total Cash From Financing Activities(49.2M)(31.6M)(30.0M)(40.2M)(36.1M)(38.0M)
End Period Cash Flow441.7K650.4K569.9K30.0K27.0K25.7K
Free Cash Flow48.9M31.8M29.9M39.6M35.7M35.0M
Change In Working Capital(34.4K)(294.4K)125.3K391.6K352.4K382.3K
Begin Period Cash Flow723.6K441.7K650.4K569.9K655.4K729.5K
Other Cashflows From Financing Activities32.5M(18.3M)4.03.0K2.7K2.6K
Other Non Cash Items32.5M6.0M87.5M21.2M24.4M25.5M
Change To Account Receivables626.4K(242.6K)126.2K97.9K88.1K83.7K
Change To Operating Activities672.3K(660.8K)(51.8K)(884.0)(795.6)(755.82)
Change To Netincome(2.2M)32.5M6.0M87.5M100.6M105.6M

MFS Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining MFS Multimarket's current stock value. Our valuation model uses many indicators to compare MFS Multimarket value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across MFS Multimarket competition to find correlations between indicators driving MFS Multimarket's intrinsic value. More Info.
MFS Multimarket Income is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about  0.47  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for MFS Multimarket Income is roughly  2.12 . At this time, MFS Multimarket's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value MFS Multimarket by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

MFS Multimarket Income Systematic Risk

MFS Multimarket's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. MFS Multimarket volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on MFS Multimarket Income correlated with the market. If Beta is less than 0 MFS Multimarket generally moves in the opposite direction as compared to the market. If MFS Multimarket Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one MFS Multimarket Income is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of MFS Multimarket is generally in the same direction as the market. If Beta > 1 MFS Multimarket moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in MFS Multimarket Stock are looking for potential investment opportunities by analyzing not only static indicators but also various MFS Multimarket's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of MFS Multimarket growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.0858)

At this time, MFS Multimarket's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

MFS Multimarket November 24, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of MFS Multimarket help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of MFS Multimarket Income. We use our internally-developed statistical techniques to arrive at the intrinsic value of MFS Multimarket Income based on widely used predictive technical indicators. In general, we focus on analyzing MFS Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build MFS Multimarket's daily price indicators and compare them against related drivers.

Additional Tools for MFS Stock Analysis

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