Mid Non Currrent Assets Other vs Non Current Liabilities Total Analysis
| MAA Stock | USD 163.66 1.20 0.74% |
Mid America financial indicator trend analysis is infinitely more than just investigating Mid America Apartment recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mid America Apartment is a good investment. Please check the relationship between Mid America Non Currrent Assets Other and its Non Current Liabilities Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mid America Apartment Communities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Non Currrent Assets Other vs Non Current Liabilities Total
Non Currrent Assets Other vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mid America Apartment Non Currrent Assets Other account and Non Current Liabilities Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Mid America's Non Currrent Assets Other and Non Current Liabilities Total is 0.86. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Mid America Apartment Communities, assuming nothing else is changed. The correlation between historical values of Mid America's Non Currrent Assets Other and Non Current Liabilities Total 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 Currrent Assets Other of Mid America Apartment Communities are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Non Currrent Assets Other i.e., Mid America's Non Currrent Assets Other and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.86 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Non Current Liabilities Total
Most indicators from Mid America's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mid America Apartment 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 Mid America Apartment Communities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At present, Mid America's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Discontinued Operations is expected to grow to about 6.4 M, whereas Enterprise Value is forecasted to decline to about 641.8 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 156.9M | 154.7M | 149.2M | 79.9M | Depreciation And Amortization | 1.3B | 1.4B | 1.4B | 1.5B |
Mid America fundamental ratios Correlations
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Mid America Account Relationship Matchups
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Mid America fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 11.2B | 11.2B | 11.3B | 11.2B | 11.5B | 12.1B | |
| Short Long Term Debt Total | 4.5B | 4.7B | 4.6B | 4.4B | 4.6B | 2.5B | |
| Total Stockholder Equity | 6.1B | 5.9B | 6.0B | 6.0B | 6.1B | 6.4B | |
| Net Debt | 4.4B | 4.5B | 4.5B | 4.4B | 4.5B | 2.4B | |
| Retained Earnings | (1.1B) | (1.3B) | (1.3B) | (1.2B) | (1.3B) | (1.2B) | |
| Non Current Assets Total | 11.2B | 11.2B | 11.2B | 11.2B | 11.4B | 12.0B | |
| Non Currrent Assets Other | 11.1B | 11.1B | 11.1B | 11.1B | 11.3B | 11.9B | |
| Common Stock Shares Outstanding | 118.2M | 114.5M | 115.0M | 115.6M | 116.6M | 122.5M | |
| Liabilities And Stockholders Equity | 11.2B | 11.2B | 11.3B | 11.2B | 11.5B | 12.1B | |
| Non Current Liabilities Total | 4.5B | 4.6B | 4.5B | 4.4B | 4.6B | 2.4B | |
| Other Stockholder Equity | 7.2B | 7.2B | 7.3B | 7.2B | 7.4B | 7.8B | |
| Total Liab | 4.9B | 5.1B | 5.1B | 5.0B | 5.2B | 2.6B | |
| Other Current Liab | 402.3M | 221.3M | 459.6M | 428.7M | (88.4M) | (83.9M) | |
| Total Current Liabilities | 472.3M | 528.3M | 584.4M | 615.8M | 566.3M | 594.6M | |
| Accounts Payable | (42M) | 86.2M | 584.4M | 102.0M | 94.5M | 68.2M | |
| Cash | 20.5M | 25.2M | 54.3M | 38.7M | 41.3M | 26.8M | |
| Other Assets | 101.2M | 253.1M | 11.2B | 11.2B | 11.4B | 12.0B | |
| Cash And Short Term Investments | 20.5M | 25.2M | 54.3M | 38.7M | 41.3M | 26.9M | |
| Common Stock Total Equity | 1.1M | 1.1M | 1.2M | 1.2M | 1.3M | 1.4M | |
| Total Current Assets | 70.5M | 35.6M | 130.6M | 61.1M | 55.1M | 48.2M | |
| Accumulated Other Comprehensive Income | (13.2M) | (12.1M) | (11.1M) | (10.1M) | (8.8M) | (9.2M) | |
| Common Stock | 1.1M | 1.1M | 1.2M | 21.8M | 20.3M | 21.4M | |
| Other Liab | 14.1M | 15.4M | 30.2M | 20.7M | 18.6M | 17.7M | |
| Long Term Debt | 4.5B | 4.6B | 4.5B | 4.4B | 4.5B | 2.5B | |
| Short Term Investments | 78.1M | 17.4M | 100K | 42.8M | 49.3M | 51.7M | |
| Intangible Assets | 3.9M | 2.6M | 1.3M | 900K | 1.0M | 983.3K | |
| Other Current Assets | (70.5M) | (35.6M) | (130.6M) | 22.4M | (55.1M) | (52.3M) | |
| Inventory | 34.5M | 61.0M | 24.0M | 64.3M | 74.0M | 77.7M | |
| Short Term Debt | 70M | 172M | 124.8M | 20M | 495M | 383.0M | |
| Net Tangible Assets | 6.1B | 5.9B | 6.0B | 6.0B | 6.9B | 4.4B | |
| Warrants | 14.1M | 15.4M | 30.2M | 20.7M | 23.8M | 14.9M | |
| Noncontrolling Interest In Consolidated Entity | 220.9M | 216.8M | 188.7M | 184.7M | 212.4M | 174.8M | |
| Retained Earnings Total Equity | (1.1B) | (1.3B) | (1.3B) | (1.2B) | (1.1B) | (1.0B) | |
| Long Term Debt Total | 4.5B | 4.6B | 4.5B | 4.4B | 5.1B | 3.4B | |
| Capital Surpluse | 7.2B | 7.2B | 7.2B | 7.2B | 8.3B | 6.2B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in Mid Stock
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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mid America Apartment Communities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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 (0.31) | Dividend Share 5.74 | Earnings Share 4.4 | Revenue Per Share 18.634 | Quarterly Revenue Growth 0.021 |
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.