MFS Long Term Debt vs Accounts Payable Analysis

CXE Stock  USD 3.82  0.03  0.79%   
MFS High financial indicator trend analysis is infinitely more than just investigating MFS High Income recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MFS High Income is a good investment. Please check the relationship between MFS High Long Term Debt and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in MFS High Income. 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.

Long Term Debt vs Accounts Payable

Long Term Debt vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MFS High Income Long Term Debt account and Accounts Payable. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between MFS High's Long Term Debt and Accounts Payable is -0.16. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of MFS High Income, assuming nothing else is changed. The correlation between historical values of MFS High's Long Term Debt and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of MFS High Income are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Long Term Debt i.e., MFS High's Long Term Debt and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Long Term Debt

Long-term debt is a debt that MFS High Income has held for over one year. Long-term debt appears on MFS High Income balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on MFS High Income balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Accounts Payable

An accounting item on the balance sheet that represents MFS High obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of MFS High Income are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from MFS High's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MFS High Income 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 High Income. 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.
At present, MFS High's Enterprise Value is projected to decrease significantly based on the last few years of reporting.
 2022 2024 2025 (projected)
Research Development0.450.520.49
Net Interest Income6.3M5.6M7.2M

MFS High fundamental ratios Correlations

0.850.620.85-0.070.380.190.29-0.42-0.021.0-0.650.38-0.09-0.12-0.690.180.570.670.860.710.88-0.460.670.520.58
0.850.931.0-0.260.31-0.020.25-0.48-0.180.86-0.330.170.04-0.19-0.470.180.320.550.480.370.51-0.320.540.220.37
0.620.930.92-0.330.27-0.150.18-0.43-0.320.63-0.130.10.1-0.18-0.290.170.150.370.170.140.18-0.10.350.10.12
0.851.00.92-0.260.32-0.010.26-0.48-0.170.86-0.340.150.04-0.19-0.480.190.340.540.490.390.51-0.310.530.20.37
-0.07-0.26-0.33-0.260.30.480.55-0.47-0.37-0.08-0.01-0.18-0.470.480.26-0.60.35-0.680.070.010.1-0.12-0.680.010.09
0.380.310.270.320.3-0.10.49-0.44-0.280.38-0.280.23-0.870.82-0.16-0.340.47-0.040.250.280.310.0-0.040.20.19
0.19-0.02-0.15-0.010.48-0.1-0.020.08-0.290.18-0.260.250.18-0.10.01-0.040.14-0.170.360.290.32-0.18-0.150.20.26
0.290.250.180.260.550.49-0.02-0.550.050.3-0.22-0.01-0.420.31-0.24-0.320.79-0.140.220.220.24-0.06-0.180.120.12
-0.42-0.48-0.43-0.48-0.47-0.440.08-0.550.36-0.430.130.250.45-0.240.080.53-0.40.17-0.21-0.15-0.250.170.19-0.03-0.18
-0.02-0.18-0.32-0.17-0.37-0.28-0.290.050.36-0.02-0.040.030.17-0.27-0.320.220.130.50.130.080.16-0.180.47-0.050.15
1.00.860.630.86-0.080.380.180.3-0.43-0.02-0.640.38-0.09-0.12-0.690.180.570.670.850.70.87-0.460.670.530.58
-0.65-0.33-0.13-0.34-0.01-0.28-0.26-0.220.13-0.04-0.64-0.60.060.150.76-0.38-0.77-0.53-0.85-0.99-0.74-0.03-0.54-0.8-0.24
0.380.170.10.15-0.180.230.25-0.010.250.030.38-0.6-0.03-0.03-0.630.140.370.50.50.550.460.140.510.810.13
-0.090.040.10.04-0.47-0.870.18-0.420.450.17-0.090.06-0.03-0.92-0.060.6-0.310.27-0.08-0.07-0.170.120.27-0.04-0.02
-0.12-0.19-0.18-0.190.480.82-0.10.31-0.24-0.27-0.120.15-0.03-0.920.29-0.580.1-0.45-0.14-0.15-0.050.04-0.44-0.110.04
-0.69-0.47-0.29-0.480.26-0.160.01-0.240.08-0.32-0.690.76-0.63-0.060.29-0.39-0.62-0.76-0.76-0.74-0.70.03-0.76-0.76-0.3
0.180.180.170.19-0.6-0.34-0.04-0.320.530.220.18-0.380.140.6-0.58-0.390.040.550.260.380.130.130.550.27-0.01
0.570.320.150.340.350.470.140.79-0.40.130.57-0.770.37-0.310.1-0.620.040.260.670.760.62-0.030.250.570.24
0.670.550.370.54-0.68-0.04-0.17-0.140.170.50.67-0.530.50.27-0.45-0.760.550.260.640.570.64-0.251.00.490.4
0.860.480.170.490.070.250.360.22-0.210.130.85-0.850.5-0.08-0.14-0.760.260.670.640.890.98-0.430.650.710.54
0.710.370.140.390.010.280.290.22-0.150.080.7-0.990.55-0.07-0.15-0.740.380.760.570.890.8-0.090.580.740.31
0.880.510.180.510.10.310.320.24-0.250.160.87-0.740.46-0.17-0.05-0.70.130.620.640.980.8-0.510.650.650.66
-0.46-0.32-0.1-0.31-0.120.0-0.18-0.060.17-0.18-0.46-0.030.140.120.040.030.13-0.03-0.25-0.43-0.09-0.51-0.250.09-0.24
0.670.540.350.53-0.68-0.04-0.15-0.180.190.470.67-0.540.510.27-0.44-0.760.550.251.00.650.580.65-0.250.50.41
0.520.220.10.20.010.20.20.12-0.03-0.050.53-0.80.81-0.04-0.11-0.760.270.570.490.710.740.650.090.50.25
0.580.370.120.370.090.190.260.12-0.180.150.58-0.240.13-0.020.04-0.3-0.010.240.40.540.310.66-0.240.410.25
Click cells to compare fundamentals

MFS High Account Relationship Matchups

MFS High fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets276.7M216.2M210.3M219.2M197.3M209.0M
Total Stockholder Equity169.5M128.8M126.3M137.0M123.3M148.1M
Net Tangible Assets171.5M164.5M169.5M128.8M115.9M155.2M
Retained Earnings15.4M(25.2M)(27.6M)(16.9M)(19.4M)(20.4M)
Accounts Payable9.8M905.6K2.5M499.9K449.9K427.4K
Net Receivables6.2M3.8M4.0M3.3M3.0M3.8M
Total Liab9.8M87.4M84.1M82.3M94.6M60.4M
Long Term Investments270.5M212.4M206.3M215.8M194.2M203.9M
Other Assets2.6K2.6K(227.4K)219.2M252.1M264.7M
Other Current Liab(9.8M)(906.3K)8.8K(499.9K)(449.9K)(472.4K)
Total Current Liabilities1.1M9.8M916.1K2.5M2.9M2.4M
Other Current Assets(6.2M)44.9K30.2K(3.3M)(3.0M)(2.9M)
Total Current Assets6.2M3.8M4.0M64.5K58.0K55.1K
Common Stock154.1M154.0M153.9M153.9M138.5M133.7M
Net Debt97.3M86.4M81.5M(64.5K)(58.0K)(55.1K)
Non Current Assets Total270.5M212.4M206.5M219.2M197.2M197.7M
Non Currrent Assets Other(270.5M)(212.4M)230.1K(215.8M)(248.2M)(260.6M)
Liabilities And Stockholders Equity276.7M216.2M210.3M219.2M197.3M201.3M
Capital Stock154.1M154.0M153.9M153.9M138.5M123.8M

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.
When determining whether MFS High Income is a strong investment it is important to analyze MFS High'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 High's future performance. For an informed investment choice regarding MFS Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in MFS High Income. 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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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 High. 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 High 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
22.075
Dividend Share
0.18
Earnings Share
0.52
Revenue Per Share
0.322
Quarterly Revenue Growth
0.013
The market value of MFS High 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 High's value that differs from its market value or its book value, called intrinsic value, which is MFS High'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 High's market value can be influenced by many factors that don't directly affect MFS High'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 High's value and its price as these two are different measures arrived at by different means. Investors typically determine if MFS High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MFS High'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.