Maximus Net Invested Capital vs Net Debt Analysis

MMS Stock

USD 73.09 1.87 2.49%

Maximus financial indicator trend analysis is infinitely more than just investigating Maximus recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Maximus is a good investment. Please check the relationship between Maximus Net Invested Capital and its Net Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Maximus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

For more information on how to buy Maximus Stock please use our How to Invest in Maximus guide.

Net Invested Capital vs Net Debt

Net Invested Capital vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Maximus Net Invested Capital account and Net Debt. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Maximus' Net Invested Capital and Net Debt is 0.94. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Net Debt in the same time period over historical financial statements of Maximus, assuming nothing else is changed. The correlation between historical values of Maximus' Net Invested Capital and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Maximus are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Net Invested Capital i.e., Maximus' Net Invested Capital and Net Debt go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

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Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Maximus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Maximus 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 Maximus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

For more information on how to buy Maximus Stock please use our How to Invest in Maximus guide.At this time, Maximus' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 66.7 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.12 in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	939.8M	1.0B	1.2B	1.2B
Total Revenue	4.6B	4.9B	5.6B	5.9B

Gross Profit Total Revenue

Maximus fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Long Term Debt Total	Short Term Debt	Common Stock Total Equity	Short Term Investments	Intangible Assets	Common Stock
Total Assets		0.93	0.98	0.95	0.88	0.95	0.94	0.96	-0.19	1.0	0.87	-0.17	0.94	-0.39	0.97	0.85	0.06	0.98	0.88	0.93	0.97	0.8	0.61	0.77	0.98	0.62
Other Current Liab	0.93		0.94	0.87	0.84	0.91	0.86	0.91	-0.4	0.94	0.85	-0.38	0.9	-0.34	0.91	0.8	-0.02	0.93	0.84	0.84	0.9	0.6	0.58	0.71	0.92	0.58
Total Current Liabilities	0.98	0.94		0.94	0.94	0.92	0.91	0.99	-0.22	0.97	0.82	-0.2	0.97	-0.29	0.93	0.85	0.08	0.96	0.94	0.95	0.93	0.82	0.67	0.76	0.95	0.67
Total Stockholder Equity	0.95	0.87	0.94		0.86	0.81	0.97	0.95	-0.04	0.92	0.81	-0.01	0.97	-0.28	0.84	0.83	0.1	0.88	0.86	0.98	0.84	0.79	0.71	0.66	0.88	0.71
Property Plant And Equipment Net	0.88	0.84	0.94	0.86		0.8	0.82	0.97	-0.25	0.85	0.66	-0.23	0.95	-0.22	0.8	0.76	0.11	0.85	1.0	0.9	0.8	0.81	0.66	0.75	0.81	0.66
Net Debt	0.95	0.91	0.92	0.81	0.8		0.82	0.87	-0.38	0.97	0.85	-0.36	0.83	-0.51	0.99	0.79	0.03	0.99	0.8	0.78	0.99	0.72	0.43	0.82	0.98	0.44
Retained Earnings	0.94	0.86	0.91	0.97	0.82	0.82		0.9	-0.05	0.91	0.81	-0.03	0.92	-0.37	0.85	0.8	-0.09	0.87	0.82	0.94	0.85	0.77	0.63	0.71	0.88	0.63
Accounts Payable	0.96	0.91	0.99	0.95	0.97	0.87	0.9		-0.23	0.94	0.77	-0.2	0.99	-0.27	0.88	0.85	0.12	0.92	0.97	0.96	0.88	0.81	0.69	0.73	0.9	0.69
Cash	-0.19	-0.4	-0.22	-0.04	-0.25	-0.38	-0.05	-0.23		-0.25	-0.29	1.0	-0.21	0.51	-0.28	-0.14	-0.16	-0.27	-0.25	0.02	-0.27	-0.01	0.14	-0.38	-0.26	0.12
Non Current Assets Total	1.0	0.94	0.97	0.92	0.85	0.97	0.91	0.94	-0.25		0.88	-0.22	0.92	-0.44	0.99	0.84	0.05	0.99	0.85	0.9	0.98	0.78	0.56	0.79	0.99	0.57
Non Currrent Assets Other	0.87	0.85	0.82	0.81	0.66	0.85	0.81	0.77	-0.29	0.88		-0.26	0.77	-0.47	0.86	0.84	0.04	0.86	0.66	0.75	0.85	0.64	0.42	0.67	0.86	0.44
Cash And Short Term Investments	-0.17	-0.38	-0.2	-0.01	-0.23	-0.36	-0.03	-0.2	1.0	-0.22	-0.26		-0.19	0.48	-0.25	-0.12	-0.15	-0.24	-0.23	0.05	-0.24	0.01	0.12	-0.35	-0.23	0.1
Net Receivables	0.94	0.9	0.97	0.97	0.95	0.83	0.92	0.99	-0.21	0.92	0.77	-0.19		-0.29	0.84	0.82	0.15	0.89	0.95	0.97	0.84	0.79	0.7	0.71	0.87	0.7
Common Stock Shares Outstanding	-0.39	-0.34	-0.29	-0.28	-0.22	-0.51	-0.37	-0.27	0.51	-0.44	-0.47	0.48	-0.29		-0.46	-0.19	-0.16	-0.43	-0.22	-0.16	-0.47	-0.34	0.24	-0.64	-0.45	0.21
Non Current Liabilities Total	0.97	0.91	0.93	0.84	0.8	0.99	0.85	0.88	-0.28	0.99	0.86	-0.25	0.84	-0.46		0.81	0.02	1.0	0.8	0.82	1.0	0.74	0.48	0.79	1.0	0.49
Other Current Assets	0.85	0.8	0.85	0.83	0.76	0.79	0.8	0.85	-0.14	0.84	0.84	-0.12	0.82	-0.19	0.81		-0.01	0.83	0.76	0.83	0.79	0.65	0.56	0.49	0.82	0.57
Other Stockholder Equity	0.06	-0.02	0.08	0.1	0.11	0.03	-0.09	0.12	-0.16	0.05	0.04	-0.15	0.15	-0.16	0.02	-0.01		0.03	0.11	0.09	0.01	0.2	0.07	0.0	0.03	0.06
Total Liab	0.98	0.93	0.96	0.88	0.85	0.99	0.87	0.92	-0.27	0.99	0.86	-0.24	0.89	-0.43	1.0	0.83	0.03		0.85	0.86	0.99	0.77	0.53	0.8	1.0	0.54
Property Plant And Equipment Gross	0.88	0.84	0.94	0.86	1.0	0.8	0.82	0.97	-0.25	0.85	0.66	-0.23	0.95	-0.22	0.8	0.76	0.11	0.85		0.9	0.8	0.81	0.66	0.75	0.81	0.66
Total Current Assets	0.93	0.84	0.95	0.98	0.9	0.78	0.94	0.96	0.02	0.9	0.75	0.05	0.97	-0.16	0.82	0.83	0.09	0.86	0.9		0.82	0.81	0.77	0.63	0.85	0.76
Short Long Term Debt Total	0.97	0.9	0.93	0.84	0.8	0.99	0.85	0.88	-0.27	0.98	0.85	-0.24	0.84	-0.47	1.0	0.79	0.01	0.99	0.8	0.82		0.76	0.47	0.81	0.99	0.48
Short Term Debt	0.8	0.6	0.82	0.79	0.81	0.72	0.77	0.81	-0.01	0.78	0.64	0.01	0.79	-0.34	0.74	0.65	0.2	0.77	0.81	0.81	0.76		0.51	0.79	0.75	0.51
Common Stock Total Equity	0.61	0.58	0.67	0.71	0.66	0.43	0.63	0.69	0.14	0.56	0.42	0.12	0.7	0.24	0.48	0.56	0.07	0.53	0.66	0.77	0.47	0.51		0.27	0.52	1.0
Short Term Investments	0.77	0.71	0.76	0.66	0.75	0.82	0.71	0.73	-0.38	0.79	0.67	-0.35	0.71	-0.64	0.79	0.49	0.0	0.8	0.75	0.63	0.81	0.79	0.27		0.78	0.28
Intangible Assets	0.98	0.92	0.95	0.88	0.81	0.98	0.88	0.9	-0.26	0.99	0.86	-0.23	0.87	-0.45	1.0	0.82	0.03	1.0	0.81	0.85	0.99	0.75	0.52	0.78		0.53
Common Stock	0.62	0.58	0.67	0.71	0.66	0.44	0.63	0.69	0.12	0.57	0.44	0.1	0.7	0.21	0.49	0.57	0.06	0.54	0.66	0.76	0.48	0.51	1.0	0.28	0.53

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Maximus Account Relationship Matchups

Maximus fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.0B	4.1B	4.0B	4.0B	4.6B	4.8B
Other Current Liab	134.8M	221.9M	294.6M	243.3M	279.8M	293.8M
Total Current Liabilities	561.2M	789.4M	774.4M	723.0M	831.5M	873.0M
Total Stockholder Equity	1.2B	1.5B	1.5B	1.7B	1.9B	2.0B
Property Plant And Equipment Net	243.9M	242.0M	185.1M	202.8M	233.2M	244.8M
Net Debt	141.9M	1.6B	1.5B	1.4B	1.6B	1.6B
Retained Earnings	770.5M	987.8M	1.0B	1.1B	1.3B	1.3B
Accounts Payable	253.3M	305.6M	264.6M	282.1M	324.4M	340.6M
Cash	71.7M	135.1M	40.7M	65.4M	75.2M	110.1M
Non Current Assets Total	1.1B	3.0B	3.0B	2.9B	3.4B	3.5B
Non Currrent Assets Other	11.6M	16.8M	95.8M	103.0M	118.5M	124.4M
Cash And Short Term Investments	71.7M	135.1M	40.7M	65.4M	75.2M	128.6M
Net Receivables	788.3M	840.2M	809.3M	843.4M	969.9M	1.0B
Common Stock Shares Outstanding	63.3M	62.4M	62.0M	61.5M	55.3M	58.5M
Liabilities And Stockholders Equity	2.0B	4.1B	4.0B	4.0B	4.6B	4.8B
Non Current Liabilities Total	221.7M	1.8B	1.7B	1.6B	1.8B	1.9B
Other Current Assets	72.5M	104.2M	86.3M	146.6M	168.6M	177.1M
Other Stockholder Equity	362K	(39.9M)	(34.0M)	(27.6M)	(24.9M)	(26.1M)
Total Liab	782.9M	2.6B	2.4B	2.3B	2.7B	2.8B
Property Plant And Equipment Gross	243.9M	242.0M	185.1M	202.8M	233.2M	244.8M
Total Current Assets	932.6M	1.1B	1.0B	1.1B	1.2B	1.3B
Accumulated Other Comprehensive Income	(42.6M)	(39.9M)	(34.0M)	(27.6M)	(24.9M)	(23.6M)
Short Long Term Debt Total	213.7M	1.7B	1.5B	1.4B	1.6B	1.7B
Short Term Debt	172.4M	156.6M	127.5M	136.7M	157.2M	165.1M
Common Stock Total Equity	498.4M	514.0M	532.4M	558.0M	641.7M	383.9M
Intangible Assets	183.9M	922.0M	863.6M	811.5M	933.2M	979.8M
Common Stock	514.0M	532.4M	558.0M	577.9M	664.6M	376.6M
Other Liab	99.7M	298.3M	290.2M	302.4M	347.8M	365.2M
Other Assets	71.2M	101.1M	132.2M	105.9M	121.8M	127.8M
Good Will	593.1M	1.8B	1.8B	1.8B	2.0B	2.1B
Property Plant Equipment	66.7M	242.0M	185.1M	202.8M	233.2M	244.8M
Current Deferred Revenue	51.7M	98.6M	87.1M	60.5M	69.5M	53.9M
Net Tangible Assets	464.8M	(1.2B)	(1.1B)	(922.8M)	(830.6M)	(789.0M)

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