Mid America Financials

MAA Stock  USD 130.80  1.97  1.53%   
Based on the key measurements obtained from Mid America's financial statements, Mid America Apartment Communities is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in April. At present, Mid America's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 6.4 B, whereas Short and Long Term Debt Total is forecasted to decline to about 2.4 B. Key indicators impacting Mid America's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.270.2573
Sufficiently Up
Slightly volatile
Return On Assets0.05050.0481
Sufficiently Up
Slightly volatile
Return On Equity0.05140.0904
Way Down
Pretty Stable
Debt Equity Ratio0.790.8281
Sufficiently Down
Slightly volatile
Current Ratio0.09240.0973
Notably Down
Slightly volatile
The financial analysis of Mid America is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Mid America includes many different criteria found on its balance sheet. For example, investors should never minimize Mid America's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Mid America's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Mid America.

Cash And Equivalents

34.13 Million

With this module, you can analyze Mid financials for your investing period. You should be able to track the changes in Mid America individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Mid America Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Mid America's financial statements are interrelated, with each one affecting the others. For example, an increase in Mid America's assets may result in an increase in income on the income statement.
Evaluating Mid America's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Mid America's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Mid America's relative financial performance

Chance Of Distress

Less than 32

 
100  
 
Zero
Below Average
Mid America Apartment Communities has less than 32 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Mid America stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Mid America's odds of distress score SHOULD NOT be confused with the real chance of Mid America Apartment Communities filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Mid is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Mid America's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More Info
The data published in Mid America's official financial statements usually reflect Mid America's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Mid-America Apartment. For example, before you start analyzing numbers published by Mid accountants, it's critical to develop an understanding of what Mid America's liquidity, profitability, and earnings quality are in the context of the Diversified REITs space in which it operates.
Please note, the presentation of Mid America's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Mid America's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Mid America's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Mid America Apartment Communities. Please utilize our Beneish M Score to check the likelihood of Mid America's management manipulating its earnings.

Mid America Company Summary

Mid America competes with Realty Income, Belpointe PREP, Park Hotels, Urban Edge, and VICI Properties. MAA, an SP 500 company, is a real estate investment trust, or REIT, focused on delivering full-cycle and superior investment performance for shareholders through the ownership, management, acquisition, development and redevelopment of quality apartment communities in the Southeast, Southwest, and Mid-Atlantic regions of the United States. As of December 31, 2020, MAA had ownership interest in 102,772 apartment units, including communities currently in development, across 16 states and the District of Columbia. Mid-America Apartment operates under REITResidential classification in the United States and is traded on New York Stock Exchange. It employs 2429 people.
Specialization
Real Estate, Equity Real Estate Investment Trusts (REITs)
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
CIK Number0000912595
ISINUS59522J1034
CUSIP59522J103
RegionNorth America
LocationTennessee; U.S.A
Business Address6815 Poplar Avenue,
SectorDiversified REITs
IndustryReal Estate
BenchmarkNYSE Composite
Websitewww.maac.com
Phone901 682 6600
CurrencyUSD - US Dollar
You should never invest in Mid America without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Mid Stock, because this is throwing your money away. Analyzing the key information contained in Mid America's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Mid America Key Financial Ratios

Generally speaking, Mid America's financial ratios allow both analysts and investors to convert raw data from Mid America's financial statements into concise, actionable information that can be used to evaluate the performance of Mid America over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Mid-America Apartment reports annually and quarterly.

Mid America Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets11.2B11.2B11.3B11.2B11.5B12.1B
Net Debt4.4B4.5B4.5B4.4B4.5B2.4B
Retained Earnings(1.1B)(1.3B)(1.3B)(1.2B)(1.3B)(1.2B)
Total Liab4.9B5.1B5.1B5.0B5.2B2.6B
Other Current Liab402.3M221.3M459.6M428.7M(88.4M)(83.9M)
Accounts Payable(42M)86.2M584.4M102.0M94.5M68.2M
Cash20.5M25.2M54.3M38.7M41.3M26.8M
Other Assets101.2M253.1M11.2B11.2B11.4B12.0B
Total Current Assets70.5M35.6M130.6M61.1M55.1M48.2M
Common Stock1.1M1.1M1.2M21.8M20.3M21.4M
Other Liab14.1M15.4M30.2M20.7M18.6M17.7M
Long Term Debt4.5B4.6B4.5B4.4B4.5B2.5B
Intangible Assets3.9M2.6M1.3M900K1.0M983.3K
Other Current Assets(70.5M)(35.6M)(130.6M)22.4M(55.1M)(52.3M)
Inventory34.5M61.0M24.0M64.3M74.0M77.7M
Short Term Debt70M172M124.8M20M495M383.0M
Net Tangible Assets6.1B5.9B6.0B6.0B6.9B4.4B
Warrants14.1M15.4M30.2M20.7M23.8M14.9M
Long Term Debt Total4.5B4.6B4.5B4.4B5.1B3.4B
Capital Surpluse7.2B7.2B7.2B7.2B8.3B6.2B

Mid America Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Mid America's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense179.8M167.6M156.9M154.7M149.2M79.9M
Total Revenue1.6B1.7B1.8B2.0B2.1B2.3B
Gross Profit531.3M526.7M573.5M753.2M815.3M856.0M
Operating Income(41.4M)(79.3M)(35.6M)42.2M1.7B1.8B
Ebit(41.4M)(79.3M)(35.6M)42.2M720.1M756.1M
Ebitda455.5M432.4M498.8M586.2M1.3B1.4B
Income Before Tax368.7M265.8M563.1M647.0M570.8M599.4M
Net Income353.8M255.0M533.8M637.4M552.8M580.4M
Income Tax Expense3.7M3.3M13.6M(6.2M)4.7M5.0M
Cost Of Revenue1.1B1.2B1.2B1.3B1.3B1.4B
Minority Interest12.8M9.1M(16.9M)(17.3M)(15.9M)(15.2M)
Tax Provision3.7M3.3M13.6M(6.2M)3.1M3.2M
Interest Income162.0M160.2M120.6M211.7M243.4M152.5M
Net Interest Income(179.8M)(167.6M)(156.9M)(154.7M)(148.7M)(156.2M)

Mid America Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Mid-America Apartment. It measures of how well Mid is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Mid America brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Mid had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Mid America has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change In Cash18.9M(34.9M)95.0M(69.5M)(6.0M)(5.7M)
Free Cash Flow478.3M397.0M615.3M762.3M597.8M627.7M
Depreciation497.8M511.7M534.4M544.0M565.9M594.1M
Other Non Cash Items5.8M5.0M5.7M(149.3M)(13.2M)(13.9M)
Dividends Paid441.4M461.0M474.1M543.3M(655.4M)(622.6M)
Capital Expenditures303.1M426.9M279.6M296.2M539.4M566.3M
Net Income366.6M264.0M550.7M654.8M567.8M596.2M
End Period Cash Flow70.5M35.6M130.6M61.1M55.1M32.3M
Investments(4.9M)(5M)(4.2M)(13.3M)(419.2M)(398.2M)
Net Borrowings(82.6M)104.3M(50.7M)(111.9M)(100.7M)(95.7M)
Change To Netincome(76.7M)44.3M(143.3M)(190.9M)(171.8M)(163.2M)

Mid Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Mid America's current stock value. Our valuation model uses many indicators to compare Mid America value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mid America competition to find correlations between indicators driving Mid America's intrinsic value. More Info.
Mid America Apartment Communities is regarded second in z score category among related companies. It is considered to be number one stock in target price category among related companies fabricating about  57.40  of Target Price per Z Score. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Mid America by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Mid America's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Mid America's earnings, one of the primary drivers of an investment's value.

Mid-America Apartment Systematic Risk

Mid America's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Mid America volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Mid-America Apartment correlated with the market. If Beta is less than 0 Mid America generally moves in the opposite direction as compared to the market. If Mid America Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mid-America Apartment is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mid America is generally in the same direction as the market. If Beta > 1 Mid America moves generally in the same direction as, but more than the movement of the benchmark.

About Mid America Financials

What exactly are Mid America Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Mid America's income statement, its balance sheet, and the statement of cash flows. Potential Mid America investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Mid America investors may use each financial statement separately, they are all related. The changes in Mid America's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Mid America's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Mid America Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Mid America is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Mid has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Mid America's financials are consistent with your investment objective using the following steps:
  • Review Mid America's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Mid America's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Mid America's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Mid America's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.
Today, most investors in Mid America Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Mid America's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Mid America growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(1.9)

At present, Mid America's Price Earnings To Growth Ratio is projected to increase based on the last few years of reporting.

Mid America March 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Mid America help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Mid America Apartment Communities. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mid America Apartment Communities based on widely used predictive technical indicators. In general, we focus on analyzing Mid Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Mid America's daily price indicators and compare them against related drivers.
When determining whether Mid-America Apartment offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mid America's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mid America Apartment Communities Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mid America Apartment Communities Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mid America Apartment Communities. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Mid-America Apartment information on this page should be used as a complementary analysis to other Mid America's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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When running Mid America's price analysis, check to measure Mid America'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 Mid America is operating at the current time. Most of Mid America's value examination focuses on studying past and present price action to predict the probability of Mid America's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mid America's price. Additionally, you may evaluate how the addition of Mid America to your portfolios can decrease your overall portfolio volatility.
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Is Mid America's industry 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 Mid America. If investors know Mid 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 Mid America 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
(0.18)
Dividend Share
5.6
Earnings Share
4.72
Revenue Per Share
18.438
Quarterly Revenue Growth
0.027
The market value of Mid-America Apartment is measured differently than its book value, which is the value of Mid that is recorded on the company's balance sheet. Investors also form their own opinion of Mid America's value that differs from its market value or its book value, called intrinsic value, which is Mid America'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 Mid America's market value can be influenced by many factors that don't directly affect Mid America'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 Mid America's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mid America is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mid America'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.