MFS Cost Of Revenue vs Other Operating Expenses Analysis

CXE Stock

USD 3.62 0.04 1.12%

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 Cost Of Revenue and its Other Operating Expenses 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 tightly coupled with the direction of predictive economic indicators such as signals in interest.

Cost Of Revenue vs Other Operating Expenses

Cost Of Revenue vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MFS High Income Cost Of Revenue account and Other Operating Expenses. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between MFS High's Cost Of Revenue and Other Operating Expenses is -0.38. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Other Operating Expenses 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 Cost Of Revenue and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of MFS High Income are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Cost Of Revenue i.e., MFS High's Cost Of Revenue and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.38

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Cost Of Revenue

Cost of Revenue is found on MFS High Income income statement and represents the costs associated with goods and services MFS High provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of MFS High Income. It is also known as MFS High overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

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 tightly coupled with the direction of predictive economic indicators such as signals in interest.

At present, MFS High's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 72.59, whereas Issuance Of Capital Stock is forecasted to decline to about 78 M.

	2023	2024 (projected)
Tax Provision	1.6K	1.4K
Net Interest Income	5.7M	7.5M

Tax Provision Net Interest Income

MFS High fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Net Receivables	Total Liab	Deferred Long Term Liab	Long Term Investments	Other Assets	Common Stock Shares Outstanding	Other Current Liab	Total Current Liabilities	Long Term Debt	Other Current Assets	Total Current Assets	Common Stock	Short Long Term Debt Total	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Common Stock Total Equity	Long Term Debt Total	Non Current Liabilities Total
Total Assets		0.86	0.61	0.84	0.05	0.2	-0.52	0.22	0.16	-0.05	1.0	0.16	0.42	0.15	-0.1	-0.73	0.43	0.08	0.66	0.85	0.85	0.88	-0.73	0.66	0.56	0.56
Total Stockholder Equity	0.86		0.92	1.0	-0.19	0.22	-0.48	0.2	-0.11	-0.2	0.86	-0.01	0.2	0.18	-0.19	-0.51	0.34	0.09	0.54	0.48	0.48	0.51	-0.47	0.53	0.24	0.35
Other Liab	0.61	0.92		0.93	-0.3	0.24	-0.37	0.17	-0.28	-0.33	0.62	-0.14	0.11	0.14	-0.18	-0.29	0.21	0.08	0.36	0.15	0.16	0.16	-0.15	0.35	0.1	0.12
Net Tangible Assets	0.84	1.0	0.93		-0.2	0.23	-0.48	0.2	-0.13	-0.2	0.85	-0.02	0.18	0.18	-0.18	-0.49	0.34	0.09	0.53	0.46	0.46	0.49	-0.46	0.52	0.22	0.35
Retained Earnings	0.05	-0.19	-0.3	-0.2		0.31	0.66	0.57	-0.27	-0.36	0.05	-0.38	-0.04	-0.4	0.45	0.09	-0.43	0.51	-0.58	0.24	0.22	0.24	-0.18	-0.57	0.19	0.13
Accounts Payable	0.2	0.22	0.24	0.23	0.31		0.19	0.46	-0.41	-0.31	0.2	-0.29	0.04	-0.89	0.9	0.07	-0.42	0.42	-0.22	-0.01	0.0	0.09	-0.16	-0.23	-0.04	0.12
Cash	-0.52	-0.48	-0.37	-0.48	0.66	0.19		0.13	-0.38	-0.54	-0.52	-0.26	-0.38	-0.38	0.41	0.6	-0.55	0.12	-0.93	-0.42	-0.43	-0.44	0.38	-0.92	-0.34	-0.32
Net Receivables	0.22	0.2	0.17	0.2	0.57	0.46	0.13		-0.4	0.02	0.22	-0.87	-0.04	-0.39	0.34	-0.16	-0.33	0.98	-0.22	0.12	0.11	0.16	-0.15	-0.25	0.08	0.1
Total Liab	0.16	-0.11	-0.28	-0.13	-0.27	-0.41	-0.38	-0.4		0.39	0.16	0.52	0.52	0.49	-0.32	-0.43	0.64	-0.42	0.53	0.46	0.48	0.39	-0.18	0.55	0.41	-0.01
Deferred Long Term Liab	-0.05	-0.2	-0.33	-0.2	-0.36	-0.31	-0.54	0.02	0.39		-0.05	-0.04	0.04	0.2	-0.27	-0.32	0.28	0.15	0.49	0.1	0.1	0.14	-0.21	0.46	-0.04	0.14
Long Term Investments	1.0	0.86	0.62	0.85	0.05	0.2	-0.52	0.22	0.16	-0.05		0.16	0.43	0.16	-0.11	-0.73	0.43	0.08	0.66	0.85	0.85	0.87	-0.72	0.66	0.57	0.56
Other Assets	0.16	-0.01	-0.14	-0.02	-0.38	-0.29	-0.26	-0.87	0.52	-0.04	0.16		0.26	0.3	-0.2	-0.11	0.43	-0.91	0.41	0.31	0.32	0.29	-0.24	0.46	0.2	0.24
Common Stock Shares Outstanding	0.42	0.2	0.11	0.18	-0.04	0.04	-0.38	-0.04	0.52	0.04	0.43	0.26		0.11	-0.03	-0.64	0.13	-0.14	0.53	0.57	0.57	0.5	-0.07	0.54	0.81	0.14
Other Current Liab	0.15	0.18	0.14	0.18	-0.4	-0.89	-0.38	-0.39	0.49	0.2	0.16	0.3	0.11		-0.95	-0.26	0.67	-0.4	0.45	0.21	0.2	0.12	-0.03	0.45	0.16	0.05
Total Current Liabilities	-0.1	-0.19	-0.18	-0.18	0.45	0.9	0.41	0.34	-0.32	-0.27	-0.11	-0.2	-0.03	-0.95		0.29	-0.53	0.34	-0.44	-0.13	-0.12	-0.04	-0.07	-0.44	-0.12	0.05
Long Term Debt	-0.73	-0.51	-0.29	-0.49	0.09	0.07	0.6	-0.16	-0.43	-0.32	-0.73	-0.11	-0.64	-0.26	0.29		-0.44	-0.02	-0.77	-0.8	-0.81	-0.76	0.32	-0.77	-0.76	-0.28
Other Current Assets	0.43	0.34	0.21	0.34	-0.43	-0.42	-0.55	-0.33	0.64	0.28	0.43	0.43	0.13	0.67	-0.53	-0.44		-0.36	0.67	0.47	0.49	0.42	-0.35	0.68	0.28	0.36
Total Current Assets	0.08	0.09	0.08	0.09	0.51	0.42	0.12	0.98	-0.42	0.15	0.08	-0.91	-0.14	-0.4	0.34	-0.02	-0.36		-0.26	-0.02	-0.03	0.04	-0.13	-0.3	-0.07	0.07
Common Stock	0.66	0.54	0.36	0.53	-0.58	-0.22	-0.93	-0.22	0.53	0.49	0.66	0.41	0.53	0.45	-0.44	-0.77	0.67	-0.26		0.63	0.64	0.62	-0.44	1.0	0.51	0.39
Short Long Term Debt Total	0.85	0.48	0.15	0.46	0.24	-0.01	-0.42	0.12	0.46	0.1	0.85	0.31	0.57	0.21	-0.13	-0.8	0.47	-0.02	0.63		1.0	0.98	-0.69	0.64	0.78	0.53
Net Debt	0.85	0.48	0.16	0.46	0.22	0.0	-0.43	0.11	0.48	0.1	0.85	0.32	0.57	0.2	-0.12	-0.81	0.49	-0.03	0.64	1.0		0.98	-0.69	0.65	0.78	0.53
Non Current Assets Total	0.88	0.51	0.16	0.49	0.24	0.09	-0.44	0.16	0.39	0.14	0.87	0.29	0.5	0.12	-0.04	-0.76	0.42	0.04	0.62	0.98	0.98		-0.8	0.63	0.68	0.63
Non Currrent Assets Other	-0.73	-0.47	-0.15	-0.46	-0.18	-0.16	0.38	-0.15	-0.18	-0.21	-0.72	-0.24	-0.07	-0.03	-0.07	0.32	-0.35	-0.13	-0.44	-0.69	-0.69	-0.8		-0.45	-0.16	-0.72
Common Stock Total Equity	0.66	0.53	0.35	0.52	-0.57	-0.23	-0.92	-0.25	0.55	0.46	0.66	0.46	0.54	0.45	-0.44	-0.77	0.68	-0.3	1.0	0.64	0.65	0.63	-0.45		0.52	0.39
Long Term Debt Total	0.56	0.24	0.1	0.22	0.19	-0.04	-0.34	0.08	0.41	-0.04	0.57	0.2	0.81	0.16	-0.12	-0.76	0.28	-0.07	0.51	0.78	0.78	0.68	-0.16	0.52		0.25
Non Current Liabilities Total	0.56	0.35	0.12	0.35	0.13	0.12	-0.32	0.1	-0.01	0.14	0.56	0.24	0.14	0.05	0.05	-0.28	0.36	0.07	0.39	0.53	0.53	0.63	-0.72	0.39	0.25

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MFS High Account Relationship Matchups

MFS High fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	263.2M	276.7M	216.2M	210.3M	189.3M	211.6M
Total Stockholder Equity	164.5M	169.5M	128.8M	126.3M	113.6M	151.0M
Net Tangible Assets	171.5M	164.5M	169.5M	128.8M	115.9M	155.2M
Retained Earnings	10.5M	15.4M	(25.2M)	(27.6M)	(31.8M)	(33.4M)
Accounts Payable	1.1M	9.8M	916.1K	2.5M	2.3M	2.4M
Net Receivables	5.0M	6.2M	3.8M	4.0M	3.6M	3.9M
Total Liab	1.1M	9.8M	87.4M	2.5M	2.3M	2.1M
Long Term Investments	258.2M	270.5M	212.4M	206.3M	185.7M	206.3M
Other Assets	2.5K	2.6K	2.6K	2.6K	2.3K	2.2K
Common Stock Shares Outstanding	31.9M	31.5M	26.6M	31.5M	28.4M	24.8M
Other Current Liab	(1.1M)	(9.8M)	(916.1K)	(2.5M)	(2.3M)	(2.1M)
Total Current Liabilities	1.1M	9.8M	916.1K	2.5M	2.9M	2.4M
Other Current Assets	13.0K	(6.2M)	(3.8M)	(4.0M)	(3.6M)	(3.5M)
Total Current Assets	5.0M	6.2M	3.8M	4.0M	4.6M	4.5M
Common Stock	154.1M	154.1M	154.0M	153.9M	138.5M	134.7M
Non Current Assets Total	258.2M	270.5M	212.4M	206.3M	185.7M	200.2M
Non Currrent Assets Other	(258.2M)	(270.5M)	(212.4M)	(206.3M)	(237.2M)	(249.1M)
Liabilities And Stockholders Equity	263.2M	276.7M	216.2M	210.3M	189.3M	204.2M
Capital Stock	154.1M	154.1M	154.0M	153.9M	138.5M	123.9M

Pair Trading with MFS High

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MFS High position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MFS High will appreciate offsetting losses from the drop in the long position's value.

Moving against MFS Stock

0.57

DHAC

Digital Health Acqui

Pair Corr

The ability to find closely correlated positions to MFS High could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MFS High when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MFS High - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MFS High Income to buy it.

The correlation of MFS High is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MFS High moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MFS High Income moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for MFS High can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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:

How To Invest In MFS

Details

Is MFS Stock a good investment?

Details

What is MFS High's Net Worth?

Details

Largest Asset Management & Custody Banks Companies

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Largest Financial Services Companies

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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 tightly coupled with the direction of predictive economic indicators such as signals in interest.

You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

Complementary Tools for MFS Stock analysis

When running MFS High's price analysis, check to measure MFS High'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 High is operating at the current time. Most of MFS High's value examination focuses on studying past and present price action to predict the probability of MFS High'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 High's price. Additionally, you may evaluate how the addition of MFS High to your portfolios can decrease your overall portfolio volatility.

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Is MFS High'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 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

(0.82)

Dividend Share

0.159

Earnings Share

0.07

Revenue Per Share

0.325

Quarterly Revenue Growth

0.034

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.

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MFS Cost Of Revenue vs Other Operating Expenses Analysis

Cost Of Revenue vs Other Operating Expenses

Cost Of Revenue vs Other Operating Expenses Correlation Analysis

Correlation Coefficient

Cost Of Revenue

Other Operating Expenses

MFS High fundamental ratios Correlations

MFS High Account Relationship Matchups

High Positive Relationship

High Negative Relationship

MFS High fundamental ratios Accounts

Pair Trading with MFS High

Moving against MFS Stock

Complementary Tools for MFS Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Long Term Investments	+ 1.0	Total Assets
Net Tangible Assets	+ 1.0	Total Stockholder Equity
Common Stock Total Equity	+ 1.0	Common Stock
Net Debt	+ 1.0	Short Long Term Debt Total
Total Current Assets	+ 0.98	Net Receivables
Non Current Assets Total	+ 0.98	Short Long Term Debt Total

Total Current Liabilities	- 0.95	Other Current Liab
Common Stock	- 0.93	Cash
Common Stock Total Equity	- 0.92	Cash
Total Current Assets	- 0.91	Other Assets
Other Current Liab	- 0.89	Accounts Payable
Other Assets	- 0.87	Net Receivables