MFS Operating Income vs Depreciation And Amortization Analysis
| CXE Stock | USD 3.61 0.01 0.28% |
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 Operating Income and its Depreciation And Amortization 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.
Operating Income vs Depreciation And Amortization
Operating Income vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MFS High Income Operating Income account and Depreciation And Amortization. At this time, the significance of the direction appears to have very week relationship.
The correlation between MFS High's Operating Income and Depreciation And Amortization is 0.25. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Depreciation And Amortization 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 Operating Income and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of MFS High Income are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Operating Income i.e., MFS High's Operating Income and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.25 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Operating Income
Operating Income is the amount of profit realized from MFS High Income operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of MFS High Income is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.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 |
MFS High fundamental ratios Correlations
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MFS High Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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: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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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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.