MFS Total Assets vs Other Liab Analysis

MMT Stock  USD 4.71  0.03  0.64%   
MFS Multimarket financial indicator trend analysis is infinitely more than just investigating MFS Multimarket Income recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MFS Multimarket Income is a good investment. Please check the relationship between MFS Multimarket Total Assets and its Other Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MFS Multimarket 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 population.

Total Assets vs Other Liab

Total Assets vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MFS Multimarket Income Total Assets account and Other Liab. At this time, the significance of the direction appears to have very week relationship.
The correlation between MFS Multimarket's Total Assets and Other Liab is 0.28. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Liab in the same time period over historical financial statements of MFS Multimarket Income, assuming nothing else is changed. The correlation between historical values of MFS Multimarket's Total Assets and Other Liab 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 Assets of MFS Multimarket Income are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Total Assets i.e., MFS Multimarket's Total Assets and Other Liab go up and down completely randomly.

Correlation Coefficient

0.28
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Assets

Total assets refers to the total amount of MFS Multimarket assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in MFS Multimarket Income books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Other Liab

Most indicators from MFS Multimarket's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MFS Multimarket 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 Multimarket 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 population.
Enterprise Value is likely to gain to about 446.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 406.9 K in 2024.
 2021 2022 2023 2024 (projected)
Interest Income19.2M23.0M20.7M18.2M
Net Interest Income17.5M17.5M15.7M16.3M

MFS Multimarket fundamental ratios Correlations

0.990.980.80.140.330.820.3-0.11.00.28-0.710.710.320.010.41-0.260.960.580.580.590.870.83
0.991.00.720.270.40.780.41-0.250.980.25-0.650.70.390.030.43-0.230.970.520.520.540.850.8
0.981.00.710.270.390.780.42-0.250.980.25-0.660.690.420.040.45-0.220.970.490.490.540.830.78
0.80.720.71-0.220.020.66-0.110.30.810.06-0.550.38-0.09-0.150.13-0.080.620.660.660.560.810.75
0.140.270.27-0.220.58-0.190.75-0.910.13-0.210.360.210.21-0.040.230.120.310.10.10.180.220.21
0.330.40.390.020.580.070.57-0.630.33-0.20.080.54-0.010.290.32-0.10.480.410.390.340.440.49
0.820.780.780.66-0.190.070.290.180.790.27-0.950.540.570.130.64-0.080.770.350.360.40.520.53
0.30.410.42-0.110.750.570.29-0.710.27-0.08-0.170.220.630.310.80.120.480.120.120.290.190.22
-0.1-0.25-0.250.3-0.91-0.630.18-0.71-0.090.14-0.29-0.17-0.25-0.12-0.18-0.18-0.29-0.05-0.04-0.08-0.13-0.12
1.00.980.980.810.130.330.790.27-0.090.28-0.690.710.28-0.010.36-0.280.950.590.590.590.890.85
0.280.250.250.06-0.21-0.20.27-0.080.140.28-0.470.250.290.060.02-0.470.330.130.130.170.20.21
-0.71-0.65-0.66-0.550.360.08-0.95-0.17-0.29-0.69-0.47-0.44-0.59-0.18-0.580.16-0.66-0.25-0.26-0.32-0.39-0.4
0.710.70.690.380.210.540.540.22-0.170.710.25-0.440.14-0.150.23-0.370.790.540.530.510.660.76
0.320.390.42-0.090.21-0.010.570.63-0.250.280.29-0.590.140.240.730.060.43-0.29-0.280.08-0.08-0.07
0.010.030.04-0.15-0.040.290.130.31-0.12-0.010.06-0.18-0.150.240.41-0.170.09-0.07-0.09-0.14-0.16-0.16
0.410.430.450.130.230.320.640.8-0.180.360.02-0.580.230.730.410.00.50.140.140.360.170.23
-0.26-0.23-0.22-0.080.12-0.1-0.080.12-0.18-0.28-0.470.16-0.370.06-0.170.0-0.29-0.14-0.12-0.22-0.35-0.33
0.960.970.970.620.310.480.770.48-0.290.950.33-0.660.790.430.090.5-0.290.570.570.620.820.82
0.580.520.490.660.10.410.350.12-0.050.590.13-0.250.54-0.29-0.070.14-0.140.571.00.810.790.88
0.580.520.490.660.10.390.360.12-0.040.590.13-0.260.53-0.28-0.090.14-0.120.571.00.810.780.88
0.590.540.540.560.180.340.40.29-0.080.590.17-0.320.510.08-0.140.36-0.220.620.810.810.70.82
0.870.850.830.810.220.440.520.19-0.130.890.2-0.390.66-0.08-0.160.17-0.350.820.790.780.70.96
0.830.80.780.750.210.490.530.22-0.120.850.21-0.40.76-0.07-0.160.23-0.330.820.880.880.820.96
Click cells to compare fundamentals

MFS Multimarket Account Relationship Matchups

MFS Multimarket fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets484.2M474.9M387.4M368.1M331.2M418.1M
Total Stockholder Equity372.6M369.8M281.8M264.5M238.0M348.2M
Net Tangible Assets407.9M372.6M369.8M281.8M253.6M359.6M
Retained Earnings(12.9M)(5.1M)(86.4M)(81.9M)(94.2M)(98.9M)
Accounts Payable6.1M4.0M2.9M6.4M5.8M7.1M
Cash331.7K443.0474.9K13.011.711.12
Other Assets120.3K659.6K9.9K(796.2K)(716.6K)(680.8K)
Net Receivables10.8M7.1M7.9M11.8M10.6M8.7M
Total Liab111.6M105.1M105.6M103.6M119.1M96.1M
Long Term Investments473.0M467.2M378.9M356.1M320.5M406.7M
Other Liab155.4K102.7K164.9K295.9K266.3K253.0K
Common Stock Shares Outstanding65.1M58.5M60.8M56.8M65.3M56.4M
Other Current Liab(106.1M)(104.0M)(2.9M)(101.4M)(91.3M)(86.7M)
Total Current Liabilities6.1M4.0M2.9M102.5M92.3M96.9M
Other Current Assets1.4M1.3M1.3M899.9K809.9K850.4K
Total Current Assets11.2M7.1M8.4M12.7M11.4M8.3M
Common Stock385.5M374.9M368.3M346.3M311.7M355.3M
Non Current Assets Total473.0M467.2M378.9M356.1M409.6M399.2M
Non Currrent Assets Other(473.0M)(467.2M)(378.9M)(356.1M)(320.5M)(336.6M)
Cash And Short Term Investments331.7K443.0474.9K13.014.9514.2
Liabilities And Stockholders Equity484.2M474.9M387.4M368.1M423.3M407.1M
Inventory(1.4M)(1.3M)(1.3M)(899.9K)(809.9K)(850.4K)
Net Debt99.7M100.0M99.5M95.0M85.5M79.2M
Current Deferred Revenue(93.9M)(96.0M)(97.2M)(87.7M)(100.9M)(105.9M)
Net Invested Capital472.6M469.8M381.8M359.5M323.5M350.7M
Capital Stock385.5M374.9M368.3M346.3M311.7M302.5M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for MFS Stock Analysis

When running MFS Multimarket's price analysis, check to measure MFS Multimarket's 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 MFS Multimarket is operating at the current time. Most of MFS Multimarket's value examination focuses on studying past and present price action to predict the probability of MFS Multimarket's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MFS Multimarket's price. Additionally, you may evaluate how the addition of MFS Multimarket to your portfolios can decrease your overall portfolio volatility.