Maximus Total Current Liabilities vs Non Current Assets Total Analysis

MMS Stock  USD 74.50  2.00  2.76%   
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 Total Current Liabilities and its Non Current Assets Total 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.

Total Current Liabilities vs Non Current Assets Total

Total Current Liabilities vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Maximus Total Current Liabilities account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Maximus' Total Current Liabilities and Non Current Assets Total is 0.97. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Maximus, assuming nothing else is changed. The correlation between historical values of Maximus' Total Current Liabilities and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Maximus are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Current Liabilities i.e., Maximus' Total Current Liabilities and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Liabilities

Total Current Liabilities is an item on Maximus balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Maximus are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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. Enterprise Value Over EBITDA is likely to gain to 14.40 in 2024, whereas Tax Provision is likely to drop slightly above 68 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit939.8M1.0B1.3B1.3B
Total Revenue4.6B4.9B5.3B5.6B

Maximus fundamental ratios Correlations

0.920.980.940.870.640.930.95-0.070.990.74-0.050.93-0.280.960.830.060.980.880.930.670.540.630.770.960.64
0.920.930.870.810.450.870.89-0.20.920.85-0.190.87-0.290.870.82-0.010.90.90.850.450.240.530.70.840.52
0.980.930.940.940.60.910.98-0.10.970.72-0.080.96-0.20.920.840.080.960.930.950.630.560.680.770.920.68
0.940.870.940.850.430.970.940.090.910.730.110.96-0.180.810.810.110.860.880.980.480.510.720.660.830.72
0.870.810.940.850.540.80.97-0.150.840.57-0.140.95-0.130.780.760.120.840.930.90.550.610.670.750.780.67
0.640.450.60.430.540.440.57-0.410.680.05-0.410.54-0.240.750.380.020.720.320.430.990.630.370.640.810.42
0.930.870.910.970.80.440.90.090.90.750.10.91-0.280.820.78-0.090.860.850.940.480.470.630.710.830.62
0.950.890.980.940.970.570.9-0.110.930.67-0.090.99-0.160.860.840.120.910.940.960.580.570.70.730.870.71
-0.07-0.2-0.10.09-0.15-0.410.09-0.11-0.120.021.0-0.10.46-0.170.0-0.16-0.15-0.060.15-0.270.030.28-0.29-0.170.26
0.990.920.970.910.840.680.90.93-0.120.73-0.110.9-0.340.980.810.050.990.850.890.70.520.580.80.980.58
0.740.850.720.730.570.050.750.670.020.730.040.65-0.370.680.750.030.70.810.690.070.050.30.550.590.26
-0.05-0.19-0.080.11-0.14-0.410.1-0.091.0-0.110.04-0.090.43-0.160.01-0.14-0.14-0.040.17-0.270.040.26-0.27-0.160.24
0.930.870.960.960.950.540.910.99-0.10.90.65-0.09-0.170.820.80.160.870.910.960.550.560.730.70.840.73
-0.28-0.29-0.2-0.18-0.13-0.24-0.28-0.160.46-0.34-0.370.43-0.17-0.370.02-0.17-0.33-0.23-0.06-0.19-0.110.4-0.62-0.320.41
0.960.870.920.810.780.750.820.86-0.170.980.68-0.160.82-0.370.760.020.990.780.80.770.510.50.80.990.5
0.830.820.840.810.760.380.780.840.00.810.750.010.80.020.76-0.020.80.810.820.40.330.620.470.740.62
0.06-0.010.080.110.120.02-0.090.12-0.160.050.03-0.140.16-0.170.02-0.020.030.090.090.00.210.070.00.030.07
0.980.90.960.860.840.720.860.91-0.150.990.7-0.140.87-0.330.990.80.030.830.850.740.530.550.80.980.55
0.880.90.930.880.930.320.850.94-0.060.850.81-0.040.91-0.230.780.810.090.830.90.340.410.570.720.730.55
0.930.850.950.980.90.430.940.960.150.890.690.170.96-0.060.80.820.090.850.90.490.550.770.630.810.77
0.670.450.630.480.550.990.480.58-0.270.70.07-0.270.55-0.190.770.40.00.740.340.490.680.430.640.830.47
0.540.240.560.510.610.630.470.570.030.520.050.040.56-0.110.510.330.210.530.410.550.680.460.630.570.5
0.630.530.680.720.670.370.630.70.280.580.30.260.730.40.50.620.070.550.570.770.430.460.270.550.99
0.770.70.770.660.750.640.710.73-0.290.80.55-0.270.7-0.620.80.470.00.80.720.630.640.630.270.780.26
0.960.840.920.830.780.810.830.87-0.170.980.59-0.160.84-0.320.990.740.030.980.730.810.830.570.550.780.56
0.640.520.680.720.670.420.620.710.260.580.260.240.730.410.50.620.070.550.550.770.470.50.990.260.56
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Maximus Account Relationship Matchups

Maximus fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0B4.1B4.0B4.0B4.1B4.3B
Other Current Liab134.8M221.9M294.6M243.3M354.3M372.0M
Total Current Liabilities561.2M789.4M774.4M723.0M807.5M847.9M
Total Stockholder Equity1.2B1.5B1.5B1.7B1.8B1.9B
Property Plant And Equipment Net243.9M242.0M185.1M202.8M220.2M231.2M
Net Debt141.9M1.6B1.5B1.4B(85.9M)(81.6M)
Retained Earnings770.5M987.8M1.0B1.1B1.3B1.3B
Accounts Payable253.3M305.6M264.6M282.1M303.3M318.5M
Cash71.7M135.1M40.7M65.4M183.1M113.3M
Non Current Assets Total1.1B3.0B3.0B2.9B2.9B3.1B
Non Currrent Assets Other11.6M16.8M95.8M103.0M282.5M296.6M
Cash And Short Term Investments71.7M135.1M40.7M65.4M183.1M131.1M
Net Receivables788.3M840.2M809.3M843.4M879.5M923.5M
Common Stock Shares Outstanding63.3M62.4M62.0M61.5M61.5M58.2M
Liabilities And Stockholders Equity2.0B4.1B4.0B4.0B4.1B4.3B
Non Current Liabilities Total221.7M1.8B1.7B1.6B1.5B1.6B
Other Current Assets72.5M104.2M86.3M146.6M137.9M144.8M
Other Stockholder Equity362K(39.9M)(34.0M)(27.6M)(24.9M)(26.1M)
Total Liab782.9M2.6B2.4B2.3B2.3B2.4B
Property Plant And Equipment Gross243.9M242.0M185.1M202.8M335.5M352.3M
Total Current Assets932.6M1.1B1.0B1.1B1.2B1.3B
Accumulated Other Comprehensive Income(42.6M)(39.9M)(34.0M)(27.6M)(32.5M)(30.8M)
Short Long Term Debt Total213.7M1.7B1.5B1.4B97.2M92.4M
Short Term Debt172.4M156.6M127.5M136.7M40.1M42.1M
Common Stock Total Equity498.4M514.0M532.4M558.0M641.7M383.9M
Intangible Assets183.9M922.0M863.6M811.5M630.6M662.1M
Common Stock514.0M532.4M558.0M577.9M598.3M387.5M
Other Liab99.7M298.3M290.2M302.4M347.8M365.2M
Other Assets71.2M101.1M132.2M105.9M121.8M127.8M
Good Will593.1M1.8B1.8B1.8B1.8B1.9B
Property Plant Equipment66.7M242.0M185.1M202.8M233.2M244.8M
Current Deferred Revenue51.7M98.6M87.1M60.5M83.2M55.5M
Net Tangible Assets464.8M(1.2B)(1.1B)(922.8M)(830.6M)(789.0M)

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Additional Tools for Maximus Stock Analysis

When running Maximus' price analysis, check to measure Maximus' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Maximus is operating at the current time. Most of Maximus' value examination focuses on studying past and present price action to predict the probability of Maximus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Maximus' price. Additionally, you may evaluate how the addition of Maximus to your portfolios can decrease your overall portfolio volatility.