MFS Non Current Assets Total vs Common Stock Analysis
CXH Stock | USD 8.14 0.06 0.74% |
MFS Investment financial indicator trend analysis is infinitely more than just investigating MFS Investment Grade recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MFS Investment Grade is a good investment. Please check the relationship between MFS Investment Non Current Assets Total and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in MFS Investment Grade. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
Non Current Assets Total vs Common Stock
Non Current Assets Total vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MFS Investment Grade Non Current Assets Total account and Common Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between MFS Investment's Non Current Assets Total and Common Stock is 0.76. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Common Stock in the same time period over historical financial statements of MFS Investment Grade, assuming nothing else is changed. The correlation between historical values of MFS Investment's Non Current Assets Total and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of MFS Investment Grade are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Non Current Assets Total i.e., MFS Investment's Non Current Assets Total and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.76 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Common Stock
Most indicators from MFS Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MFS Investment Grade 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in MFS Investment Grade. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. As of now, MFS Investment's Enterprise Value is decreasing as compared to previous years.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 4.9M | 5.4M | 4.8M | 5.0M | Net Interest Income | 3.9M | 3.2M | 2.9M | 4.0M |
MFS Investment fundamental ratios Correlations
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MFS Investment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
MFS Investment fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 153.0M | 156.3M | 129.1M | 114.5M | 103.0M | 127.7M | |
Total Stockholder Equity | 98.0M | 98.8M | 76.7M | 68.8M | 61.9M | 93.1M | |
Net Tangible Assets | 97.8M | 98.0M | 98.8M | 76.7M | 69.0M | 96.3M | |
Retained Earnings | 12.6M | 13.4M | (8.7M) | (9.6M) | (11.0M) | (10.5M) | |
Accounts Payable | 1.2M | 5.1M | 798.0K | 1.8M | 1.6M | 1.6M | |
Cash | 1.2M | 283.5K | 2.1M | 3.1M | 3.6M | 3.8M | |
Net Receivables | 2.0M | 4.8M | 1.8M | 1.7M | 1.5M | 2.3M | |
Total Liab | 1.2M | 5.1M | 52.4M | 1.8M | 1.6M | 1.5M | |
Long Term Investments | 149.0M | 148.4M | 127.3M | 112.8M | 101.5M | 124.6M | |
Other Assets | 1.9K | 2.0K | 2.0K | 2.0K | 1.8K | 1.7K | |
Other Current Liab | (1.2M) | (5.1M) | (798.0K) | (1.8M) | (1.6M) | (1.7M) | |
Total Current Liabilities | 1.2M | 5.1M | 798.0K | 1.8M | 2.1M | 1.4M | |
Total Current Assets | 4.0M | 7.9M | 1.8M | 1.7M | 1.5M | 1.4M | |
Other Current Assets | (4.0M) | (7.9M) | (1.8M) | (1.7M) | (1.5M) | (1.6M) | |
Net Debt | 51.6M | 49.2M | 48.7M | 43.8M | 50.3M | 38.6M | |
Non Current Assets Total | 149.0M | 148.4M | 127.3M | 112.8M | 101.5M | 113.0M | |
Non Currrent Assets Other | (149.0M) | (148.4M) | (127.3M) | (112.8M) | (129.7M) | (136.2M) | |
Cash And Short Term Investments | 1.2M | 283.5K | 2.1M | 3.1M | 3.6M | 3.8M | |
Liabilities And Stockholders Equity | 153.0M | 156.3M | 129.1M | 114.5M | 103.0M | 115.9M | |
Other Stockholder Equity | (12.6M) | (13.4M) | 8.7M | 9.6M | 11.0M | 11.6M | |
Short Long Term Debt Total | 53.7M | 52.4M | 48.7M | 43.8M | 39.4M | 40.4M | |
Non Current Liabilities Total | 53.7M | 52.4M | 798.0K | 45.7M | 41.1M | 33.1M | |
Accumulated Other Comprehensive Income | 12.6M | 13.4M | (8.7M) | (9.6M) | (8.6M) | (8.2M) |
Currently Active Assets on Macroaxis
When determining whether MFS Investment Grade offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MFS Investment'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 Mfs Investment Grade Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mfs Investment Grade Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in MFS Investment Grade. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Asset Management & Custody Banks 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 MFS Investment. If investors know MFS 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 MFS Investment 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 0.118 | Dividend Share 0.279 | Earnings Share 0.26 | Revenue Per Share 0.655 | Quarterly Revenue Growth (0.05) |
The market value of MFS Investment Grade is measured differently than its book value, which is the value of MFS that is recorded on the company's balance sheet. Investors also form their own opinion of MFS Investment's value that differs from its market value or its book value, called intrinsic value, which is MFS Investment'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 MFS Investment's market value can be influenced by many factors that don't directly affect MFS Investment'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 MFS Investment's value and its price as these two are different measures arrived at by different means. Investors typically determine if MFS Investment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MFS Investment'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.