Mfs Municipal Income Stock Cash Position Weight

MFM Stock  USD 5.31  0.10  1.85%   
MFS Municipal Income fundamentals help investors to digest information that contributes to MFS Municipal's financial success or failures. It also enables traders to predict the movement of MFS Stock. The fundamental analysis module provides a way to measure MFS Municipal's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to MFS Municipal stock.
  
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MFS Municipal Income Company Cash Position Weight Analysis

MFS Municipal's Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.

Cash Percentage

 = 

% of Cash

in the fund

More About Cash Position Weight | All Equity Analysis

MFS Cash Position Weight Driver Correlations

Understanding the fundamental principles of building solid financial models for MFS Municipal is extremely important. It helps to project a fair market value of MFS Stock properly, considering its historical fundamentals such as Cash Position Weight. Since MFS Municipal's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of MFS Municipal's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of MFS Municipal's interrelated accounts and indicators.
0.770.820.86-0.40.25-0.51.0-0.460.50.650.050.010.8-0.570.80.690.85
0.770.850.48-0.6-0.17-0.670.76-0.650.290.25-0.30.150.57-0.510.570.380.64
0.820.850.66-0.470.36-0.540.82-0.860.530.390.110.050.54-0.540.540.390.63
0.860.480.66-0.280.44-0.510.87-0.250.290.570.21-0.350.54-0.270.540.550.74
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-0.5-0.67-0.54-0.510.470.19-0.50.330.2-0.260.180.2-0.320.01-0.32-0.37-0.29
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-0.46-0.65-0.86-0.250.37-0.40.33-0.45-0.55-0.21-0.17-0.21-0.310.51-0.31-0.16-0.26
0.50.290.530.29-0.040.450.20.49-0.550.330.410.40.45-0.850.450.190.38
0.650.250.390.57-0.020.35-0.260.65-0.210.330.180.140.86-0.280.860.940.47
0.05-0.30.110.210.440.770.180.05-0.170.410.180.11-0.04-0.12-0.05-0.05-0.04
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0.80.570.540.54-0.240.06-0.320.8-0.310.450.86-0.050.331.0-0.60.930.66
0.690.380.390.55-0.160.12-0.370.69-0.160.190.94-0.050.130.93-0.310.930.54
0.850.640.630.74-0.180.16-0.290.85-0.260.380.47-0.04-0.210.66-0.490.660.54
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Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
Competition

In accordance with the recently published financial statements, MFS Municipal Income has 0.0% in Cash Position Weight. This indicator is about the same for the Capital Markets average (which is currently at 0.0) sector and about the same as Financials (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).

MFS Municipal Current Valuation Drivers

We derive many important indicators used in calculating different scores of MFS Municipal from analyzing MFS Municipal's financial statements. These drivers represent accounts that assess MFS Municipal's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of MFS Municipal's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap259.9M287.5M196.5M182.5M209.8M288.5M
Enterprise Value373.6M401.1M310.1M296.2M340.6M405.3M

MFS Fundamentals

About MFS Municipal Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze MFS Municipal Income's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MFS Municipal using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MFS Municipal Income based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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When determining whether MFS Municipal Income is a strong investment it is important to analyze MFS Municipal's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MFS Municipal's future performance. For an informed investment choice regarding MFS Stock, refer to the following important reports:
Check out MFS Municipal Piotroski F Score and MFS Municipal Altman Z Score analysis.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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 Municipal. 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 Municipal 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
0.228
Dividend Share
0.22
Earnings Share
0.17
Revenue Per Share
0.415
Quarterly Revenue Growth
0.053
The market value of MFS Municipal Income 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 Municipal's value that differs from its market value or its book value, called intrinsic value, which is MFS Municipal'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 Municipal's market value can be influenced by many factors that don't directly affect MFS Municipal'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 Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if MFS Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MFS Municipal'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.