Mid Total Operating Expenses vs Gross Profit 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 Total Operating Expenses and its Gross Profit 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.

Total Operating Expenses vs Gross Profit

Total Operating Expenses vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mid America Apartment Total Operating Expenses account and Gross Profit. At this time, the significance of the direction appears to have strong relationship.
The correlation between Mid America's Total Operating Expenses and Gross Profit is 0.67. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Gross Profit 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 Total Operating Expenses and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of Mid America Apartment Communities are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Total Operating Expenses i.e., Mid America's Total Operating Expenses and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Mid America Apartment Communities minus its cost of goods sold. It is profit before Mid America operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
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 Expense156.9M154.7M149.2M79.9M
Depreciation And Amortization1.3B1.4B1.4B1.5B

Mid America fundamental ratios Correlations

0.880.99-0.520.88-0.831.00.990.950.860.990.880.250.910.440.080.470.080.990.470.350.42-0.50.650.59-0.29
0.880.86-0.471.0-0.710.880.870.810.990.850.990.440.740.420.210.20.210.820.710.50.13-0.320.690.52-0.05
0.990.86-0.510.85-0.810.990.990.940.831.00.860.250.920.460.020.470.020.970.40.30.42-0.570.650.6-0.34
-0.52-0.47-0.51-0.480.3-0.52-0.62-0.45-0.46-0.49-0.47-0.17-0.43-0.20.24-0.20.24-0.49-0.06-0.14-0.180.23-0.3-0.390.09
0.881.00.85-0.48-0.720.870.870.821.00.851.00.420.760.440.210.210.210.820.720.480.14-0.30.680.49-0.1
-0.83-0.71-0.810.3-0.72-0.84-0.81-0.91-0.73-0.85-0.74-0.08-0.77-0.36-0.19-0.65-0.19-0.88-0.56-0.14-0.550.35-0.69-0.240.44
1.00.880.99-0.520.87-0.840.990.950.861.00.880.250.910.440.070.470.070.990.460.340.43-0.50.660.59-0.29
0.990.870.99-0.620.87-0.810.990.940.860.980.870.250.890.440.030.460.030.970.440.330.41-0.490.650.6-0.28
0.950.810.94-0.450.82-0.910.950.940.810.960.830.160.90.490.00.520.00.950.480.160.47-0.510.670.38-0.45
0.860.990.83-0.461.0-0.730.860.860.810.831.00.410.720.40.250.220.250.810.730.490.15-0.280.710.46-0.07
0.990.851.0-0.490.85-0.851.00.980.960.830.850.230.920.460.040.510.040.980.430.280.45-0.550.670.56-0.36
0.880.990.86-0.471.0-0.740.880.870.831.00.850.430.760.440.220.250.220.830.710.470.17-0.320.690.48-0.13
0.250.440.25-0.170.42-0.080.250.250.160.410.230.430.320.150.05-0.070.050.140.250.5-0.25-0.070.20.320.18
0.910.740.92-0.430.76-0.770.910.890.90.720.920.760.320.56-0.060.53-0.060.90.370.240.47-0.540.450.63-0.47
0.440.420.46-0.20.44-0.360.440.440.490.40.460.440.150.560.070.30.070.40.180.26-0.06-0.320.180.28-0.44
0.080.210.020.240.21-0.190.070.030.00.250.040.220.05-0.060.070.181.00.10.40.710.040.41-0.060.090.22
0.470.20.47-0.20.21-0.650.470.460.520.220.510.25-0.070.530.30.180.180.560.050.030.84-0.30.370.28-0.45
0.080.210.020.240.21-0.190.070.030.00.250.040.220.05-0.060.071.00.180.10.40.710.040.41-0.060.090.22
0.990.820.97-0.490.82-0.880.990.970.950.810.980.830.140.90.40.10.560.10.470.290.53-0.480.640.56-0.31
0.470.710.4-0.060.72-0.560.460.440.480.730.430.710.250.370.180.40.050.40.470.410.030.110.440.130.22
0.350.50.3-0.140.48-0.140.340.330.160.490.280.470.50.240.260.710.030.710.290.41-0.170.34-0.040.490.33
0.420.130.42-0.180.14-0.550.430.410.470.150.450.17-0.250.47-0.060.040.840.040.530.03-0.17-0.280.280.26-0.38
-0.5-0.32-0.570.23-0.30.35-0.5-0.49-0.51-0.28-0.55-0.32-0.07-0.54-0.320.41-0.30.41-0.480.110.34-0.28-0.52-0.260.39
0.650.690.65-0.30.68-0.690.660.650.670.710.670.690.20.450.18-0.060.37-0.060.640.44-0.040.28-0.520.12-0.1
0.590.520.6-0.390.49-0.240.590.60.380.460.560.480.320.630.280.090.280.090.560.130.490.26-0.260.120.12
-0.29-0.05-0.340.09-0.10.44-0.29-0.28-0.45-0.07-0.36-0.130.18-0.47-0.440.22-0.450.22-0.310.220.33-0.380.39-0.10.12
Click cells to compare fundamentals

Mid America Account Relationship Matchups

Mid America fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.2B11.2B11.3B11.2B11.5B12.1B
Short Long Term Debt Total4.5B4.7B4.6B4.4B4.6B2.5B
Total Stockholder Equity6.1B5.9B6.0B6.0B6.1B6.4B
Net Debt4.4B4.5B4.5B4.4B4.5B2.4B
Retained Earnings(1.1B)(1.3B)(1.3B)(1.2B)(1.3B)(1.2B)
Non Current Assets Total11.2B11.2B11.2B11.2B11.4B12.0B
Non Currrent Assets Other11.1B11.1B11.1B11.1B11.3B11.9B
Common Stock Shares Outstanding118.2M114.5M115.0M115.6M116.6M122.5M
Liabilities And Stockholders Equity11.2B11.2B11.3B11.2B11.5B12.1B
Non Current Liabilities Total4.5B4.6B4.5B4.4B4.6B2.4B
Other Stockholder Equity7.2B7.2B7.3B7.2B7.4B7.8B
Total Liab4.9B5.1B5.1B5.0B5.2B2.6B
Other Current Liab402.3M221.3M459.6M428.7M(88.4M)(83.9M)
Total Current Liabilities472.3M528.3M584.4M615.8M566.3M594.6M
Accounts Payable(42M)86.2M584.4M102.0M94.5M68.2M
Cash20.5M25.2M54.3M38.7M41.3M26.8M
Other Assets101.2M253.1M11.2B11.2B11.4B12.0B
Cash And Short Term Investments20.5M25.2M54.3M38.7M41.3M26.9M
Common Stock Total Equity1.1M1.1M1.2M1.2M1.3M1.4M
Total Current Assets70.5M35.6M130.6M61.1M55.1M48.2M
Accumulated Other Comprehensive Income(13.2M)(12.1M)(11.1M)(10.1M)(8.8M)(9.2M)
Common Stock1.1M1.1M1.2M21.8M20.3M21.4M
Other Liab14.1M15.4M30.2M20.7M18.6M17.7M
Long Term Debt4.5B4.6B4.5B4.4B4.5B2.5B
Short Term Investments78.1M17.4M100K42.8M49.3M51.7M
Intangible Assets3.9M2.6M1.3M900K1.0M983.3K
Other Current Assets(70.5M)(35.6M)(130.6M)22.4M(55.1M)(52.3M)
Inventory34.5M61.0M24.0M64.3M74.0M77.7M
Short Term Debt70M172M124.8M20M495M383.0M
Net Tangible Assets6.1B5.9B6.0B6.0B6.9B4.4B
Warrants14.1M15.4M30.2M20.7M23.8M14.9M
Noncontrolling Interest In Consolidated Entity220.9M216.8M188.7M184.7M212.4M174.8M
Retained Earnings Total Equity(1.1B)(1.3B)(1.3B)(1.2B)(1.1B)(1.0B)
Long Term Debt Total4.5B4.6B4.5B4.4B5.1B3.4B
Capital Surpluse7.2B7.2B7.2B7.2B8.3B6.2B

Also Currently Popular

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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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.