MFS Net Income vs Change In Cash Analysis
MFM Stock | USD 5.66 0.08 1.43% |
MFS Municipal financial indicator trend analysis is infinitely more than just investigating MFS Municipal Income recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MFS Municipal Income is a good investment. Please check the relationship between MFS Municipal Net Income and its Change In Cash accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MFS Municipal 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 census.
Net Income vs Change In Cash
Net Income vs Change In Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MFS Municipal Income Net Income account and Change In Cash. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between MFS Municipal's Net Income and Change In Cash is -0.05. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change In Cash in the same time period over historical financial statements of MFS Municipal Income, assuming nothing else is changed. The correlation between historical values of MFS Municipal's Net Income and Change In Cash 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 Income of MFS Municipal Income are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Net Income i.e., MFS Municipal's Net Income and Change In Cash go up and down completely randomly.
Correlation Coefficient | -0.05 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in MFS Municipal Income financial statement analysis. It represents the amount of money remaining after all of MFS Municipal Income operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Change In Cash
Most indicators from MFS Municipal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MFS Municipal 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MFS Municipal 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 census. At this time, MFS Municipal's Selling General Administrative is very stable compared to the past year. As of the 28th of November 2024, Enterprise Value is likely to grow to about 405.3 M, while Issuance Of Capital Stock is likely to drop about 91 M.
2021 | 2022 | 2023 | 2024 (projected) | Research Development | 5.88 | 0.19 | 0.22 | 0.21 | Net Interest Income | 13.2M | 11.6M | 10.5M | 12.6M |
MFS Municipal fundamental ratios Correlations
Click cells to compare fundamentals
MFS Municipal Account Relationship Matchups
High Positive Relationship
High Negative Relationship
MFS Municipal fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 407.4M | 423.2M | 340.6M | 336.6M | 302.9M | 329.4M | |
Other Current Liab | (1.4M) | (5.9M) | (115.9M) | 3.0K | 2.7K | 2.9K | |
Total Stockholder Equity | 292.0M | 303.6M | 224.5M | 216.8M | 195.1M | 266.9M | |
Net Tangible Assets | 306.7M | 292.0M | 303.6M | 224.5M | 202.1M | 259.6M | |
Retained Earnings | 11.6M | 23.2M | (55.8M) | (63.5M) | (57.1M) | (54.3M) | |
Accounts Payable | 1.4M | 5.9M | 2.2M | 5.9M | 5.3M | 2.7M | |
Other Assets | 6.7K | 6.7K | 6.7K | 6.7K | 6.0K | 5.7K | |
Net Receivables | 6.3M | 8.1M | 6.0M | 5.7M | 5.1M | 5.5M | |
Total Liab | 1.4M | 5.9M | 116.1M | 119.8M | 137.8M | 144.6M | |
Long Term Investments | 401.1M | 415.2M | 334.6M | 330.8M | 297.8M | 323.0M | |
Other Liab | 8.1K | 5.3K | 3.8K | 2.5K | 2.2K | 2.1K | |
Total Current Liabilities | 1.4M | 5.9M | 2.3M | 119.7M | 137.6M | 144.5M | |
Other Current Assets | (558.8K) | (2.6M) | (947.7K) | 18.7K | 16.9K | 17.7K | |
Total Current Assets | 6.3M | 8.1M | 6.0M | 5.7M | 6.6M | 5.7M | |
Short Term Debt | 113.8M | 254.0 | 113.7M | 113.7M | 102.4M | 65.8M | |
Non Current Assets Total | 401.1M | 415.2M | 334.6M | 330.8M | 297.8M | 317.0M | |
Non Currrent Assets Other | (401.1M) | (415.2M) | (334.6M) | (330.8M) | (380.5M) | (399.5M) | |
Liabilities And Stockholders Equity | 407.4M | 423.2M | 340.6M | 336.6M | 302.9M | 322.9M | |
Non Current Liabilities Total | 115.3M | 119.6M | 2.3M | 1.8K | 2.1K | 2.0K | |
Current Deferred Revenue | (112.3M) | 5.9M | (111.4M) | (107.8M) | (97.0M) | (101.9M) |
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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.