MFS Short Long Term Debt Total vs Other Assets 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 Short Long Term Debt Total and its Other Assets 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.

Short Long Term Debt Total vs Other Assets

Short Long Term Debt Total vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MFS High Income Short Long Term Debt Total account and Other Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between MFS High's Short Long Term Debt Total and Other Assets is 0.36. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Other Assets 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 Short Long Term Debt Total and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of MFS High Income are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Short Long Term Debt Total i.e., MFS High's Short Long Term Debt Total and Other Assets go up and down completely randomly.

Correlation Coefficient

0.36
Relationship DirectionPositive 
Relationship StrengthVery Weak

Short Long Term Debt Total

Other Assets

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.
 2021 2022 2023 2024 (projected)
Research Development5.820.450.520.49
Net Interest Income7.6M6.3M5.7M7.5M

MFS High fundamental ratios Correlations

0.860.610.840.050.2-0.520.22-0.42-0.051.00.210.42-0.13-0.11-0.73-0.140.080.660.850.850.88-0.80.660.560.58
0.860.921.0-0.190.22-0.480.21-0.48-0.20.860.020.20.03-0.19-0.510.020.090.540.480.480.51-0.440.530.240.37
0.610.920.93-0.30.24-0.370.17-0.43-0.330.62-0.130.110.09-0.18-0.290.120.080.360.150.160.16-0.140.350.10.12
0.841.00.93-0.20.23-0.480.21-0.48-0.20.850.010.180.03-0.18-0.490.020.090.530.460.460.49-0.420.520.220.36
0.05-0.19-0.3-0.20.30.660.58-0.48-0.360.05-0.36-0.04-0.490.450.09-0.650.51-0.580.240.220.24-0.23-0.570.190.14
0.20.220.240.230.30.190.46-0.42-0.310.19-0.280.05-0.880.90.07-0.50.42-0.22-0.010.00.090.02-0.22-0.040.12
-0.52-0.48-0.37-0.480.660.190.13-0.16-0.54-0.52-0.28-0.38-0.240.410.6-0.30.12-0.93-0.42-0.43-0.440.4-0.92-0.34-0.33
0.220.210.170.210.580.460.13-0.540.030.23-0.85-0.03-0.430.34-0.16-0.460.97-0.210.120.110.17-0.11-0.250.080.1
-0.42-0.48-0.43-0.48-0.48-0.42-0.16-0.540.38-0.420.370.250.45-0.240.090.64-0.450.19-0.19-0.17-0.250.180.21-0.03-0.18
-0.05-0.2-0.33-0.2-0.36-0.31-0.540.030.38-0.05-0.040.040.17-0.27-0.320.210.150.490.10.10.14-0.090.46-0.040.15
1.00.860.620.850.050.19-0.520.23-0.42-0.050.20.43-0.12-0.11-0.73-0.140.080.660.850.850.87-0.80.660.570.58
0.210.02-0.130.01-0.36-0.28-0.28-0.850.37-0.040.20.290.19-0.21-0.150.23-0.890.440.360.370.34-0.340.480.240.25
0.420.20.110.18-0.040.05-0.38-0.030.250.040.430.29-0.08-0.04-0.64-0.14-0.140.530.570.570.5-0.550.540.810.14
-0.130.030.090.03-0.49-0.88-0.24-0.430.450.17-0.120.19-0.08-0.910.00.69-0.390.25-0.13-0.14-0.210.170.25-0.1-0.03
-0.11-0.19-0.18-0.180.450.90.410.34-0.24-0.27-0.11-0.21-0.04-0.910.29-0.550.34-0.44-0.13-0.12-0.040.13-0.44-0.120.05
-0.73-0.51-0.29-0.490.090.070.6-0.160.09-0.32-0.73-0.15-0.640.00.29-0.03-0.02-0.77-0.8-0.81-0.760.74-0.77-0.76-0.3
-0.140.020.120.02-0.65-0.5-0.3-0.460.640.21-0.140.23-0.140.69-0.55-0.03-0.420.32-0.16-0.14-0.240.170.32-0.1-0.13
0.080.090.080.090.510.420.120.97-0.450.150.08-0.89-0.14-0.390.34-0.02-0.42-0.26-0.02-0.030.040.02-0.3-0.070.07
0.660.540.360.53-0.58-0.22-0.93-0.210.190.490.660.440.530.25-0.44-0.770.32-0.260.630.640.62-0.591.00.510.4
0.850.480.150.460.24-0.01-0.420.12-0.190.10.850.360.57-0.13-0.13-0.8-0.16-0.020.631.00.98-0.960.640.780.55
0.850.480.160.460.220.0-0.430.11-0.170.10.850.370.57-0.14-0.12-0.81-0.14-0.030.641.00.98-0.960.650.780.55
0.880.510.160.490.240.09-0.440.17-0.250.140.870.340.5-0.21-0.04-0.76-0.240.040.620.980.98-0.930.630.680.65
-0.8-0.44-0.14-0.42-0.230.020.4-0.110.18-0.09-0.8-0.34-0.550.170.130.740.170.02-0.59-0.96-0.96-0.93-0.6-0.74-0.36
0.660.530.350.52-0.57-0.22-0.92-0.250.210.460.660.480.540.25-0.44-0.770.32-0.31.00.640.650.63-0.60.520.41
0.560.240.10.220.19-0.04-0.340.08-0.03-0.040.570.240.81-0.1-0.12-0.76-0.1-0.070.510.780.780.68-0.740.520.26
0.580.370.120.360.140.12-0.330.1-0.180.150.580.250.14-0.030.05-0.3-0.130.070.40.550.550.65-0.360.410.26
Click cells to compare fundamentals

MFS High Account Relationship Matchups

MFS High fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets263.2M276.7M216.2M210.3M189.3M211.6M
Total Stockholder Equity164.5M169.5M128.8M126.3M113.6M151.0M
Net Tangible Assets171.5M164.5M169.5M128.8M115.9M155.2M
Retained Earnings10.5M15.4M(25.2M)(27.6M)(31.8M)(33.4M)
Accounts Payable962.3K9.8M905.6K2.5M2.3M2.4M
Net Receivables5.0M6.2M3.8M4.0M3.6M3.9M
Total Liab1.1M9.8M87.4M84.1M96.7M58.1M
Long Term Investments258.2M270.5M212.4M206.3M185.7M206.3M
Other Assets2.5K2.6K2.6K(227.4K)(204.7K)(194.5K)
Common Stock Shares Outstanding31.9M31.5M26.6M31.5M28.4M24.8M
Other Current Liab(962.3K)(9.8M)(906.3K)8.8K7.9K8.3K
Total Current Liabilities1.1M9.8M916.1K2.5M2.9M2.4M
Other Current Assets13.0K(6.2M)44.9K30.2K27.2K28.6K
Total Current Assets5.0M6.2M3.8M4.0M4.6M4.5M
Common Stock154.1M154.1M154.0M153.9M138.5M134.7M
Non Current Assets Total258.2M270.5M212.4M206.5M185.9M200.2M
Non Currrent Assets Other(258.2M)(270.5M)(212.4M)230.1K264.6K277.8K
Liabilities And Stockholders Equity263.2M276.7M216.2M210.3M189.3M204.2M
Capital Stock154.1M154.1M154.0M153.9M138.5M123.9M

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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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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
1.694
Dividend Share
0.161
Earnings Share
0.18
Revenue Per Share
0.32
Quarterly Revenue Growth
(0.03)
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.