MFS Net Income vs Change In Cash Analysis
| MFM Stock | USD 5.19 0.03 0.57% |
MFS Municipal financial indicator trend analysis is infinitely more than just investigating MFS Municipal Income recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MFS Municipal Income is a good investment. Please check the relationship between MFS Municipal Net Income and its Change In Cash accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MFS Municipal 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 census.
Net Income vs Change In Cash
Net Income vs Change In Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MFS Municipal Income Net Income account and Change In Cash. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between MFS Municipal's Net Income and Change In Cash is -0.05. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change In Cash in the same time period over historical financial statements of MFS Municipal Income, assuming nothing else is changed. The correlation between historical values of MFS Municipal's Net Income and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of MFS Municipal Income are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Net Income i.e., MFS Municipal's Net Income and Change In Cash go up and down completely randomly.
Correlation Coefficient | -0.05 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in MFS Municipal Income financial statement analysis. It represents the amount of money remaining after all of MFS Municipal Income operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Change In Cash
Most indicators from MFS Municipal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MFS Municipal 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 Municipal 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 census. At this time, MFS Municipal's Selling General Administrative is very stable compared to the past year. As of the 25th of May 2024, Sales General And Administrative To Revenue is likely to grow to 0.27, while Issuance Of Capital Stock is likely to drop about 91 M.
MFS Municipal fundamental ratios Correlations
Click cells to compare fundamentals
MFS Municipal Account Relationship Matchups
High Positive Relationship
High Negative Relationship
MFS Municipal fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 407.4M | 423.2M | 340.6M | 336.6M | 302.9M | 329.4M | |
| Other Current Liab | (1.4M) | (5.9M) | (2.3M) | (5.9M) | (5.3M) | (5.1M) | |
| Total Stockholder Equity | 292.0M | 303.6M | 224.5M | 216.8M | 195.1M | 266.9M | |
| Net Tangible Assets | 306.7M | 292.0M | 303.6M | 224.5M | 202.1M | 259.6M | |
| Retained Earnings | 11.6M | 23.2M | (55.8M) | (63.5M) | (57.1M) | (54.3M) | |
| Accounts Payable | 1.4M | 5.9M | 2.3M | 5.9M | 5.3M | 2.7M | |
| Other Assets | 6.7K | 6.7K | 6.7K | 6.7K | 6.0K | 5.7K | |
| Net Receivables | 6.3M | 8.1M | 6.0M | 5.7M | 5.1M | 5.5M | |
| Total Liab | 1.4M | 5.9M | 116.1M | 5.9M | 6.8M | 6.5M | |
| Long Term Investments | 401.1M | 415.2M | 334.6M | 330.8M | 297.8M | 323.0M | |
| Other Liab | 8.1K | 5.3K | 3.8K | 2.5K | 2.2K | 2.1K | |
| Total Current Liabilities | 1.4M | 5.9M | 2.3M | 5.9M | 5.3M | 6.0M | |
| Other Current Assets | (558.8K) | (2.6M) | (947.7K) | (462.1K) | (415.8K) | (436.6K) | |
| Total Current Assets | 6.3M | 8.1M | 6.0M | 5.7M | 6.6M | 5.7M | |
| Short Term Debt | 113.8M | 254.0 | 113.7M | 113.7M | 102.4M | 65.8M | |
| Non Current Assets Total | 401.1M | 415.2M | 334.6M | 330.8M | 297.8M | 317.0M | |
| Non Currrent Assets Other | (401.1M) | (415.2M) | (334.6M) | (330.8M) | (380.5M) | (399.5M) | |
| Liabilities And Stockholders Equity | 407.4M | 423.2M | 340.6M | 336.6M | 302.9M | 322.9M | |
| Non Current Liabilities Total | 115.3M | 119.6M | 2.3M | 119.8M | 137.8M | 144.6M | |
| Current Deferred Revenue | (112.3M) | 5.9M | (111.4M) | (107.8M) | (97.0M) | (101.9M) |
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as MFS Municipal Income using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MFS Municipal 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 census. Note that the MFS Municipal Income information on this page should be used as a complementary analysis to other MFS Municipal'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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for MFS Stock analysis
When running MFS Municipal's price analysis, check to measure MFS Municipal'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 Municipal is operating at the current time. Most of MFS Municipal's value examination focuses on studying past and present price action to predict the probability of MFS Municipal'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 Municipal's price. Additionally, you may evaluate how the addition of MFS Municipal to your portfolios can decrease your overall portfolio volatility.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |
Is MFS Municipal'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 Municipal. 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 Municipal 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 (0.89) | Dividend Share 0.216 | Earnings Share 0.03 | Revenue Per Share 0.405 | Quarterly Revenue Growth 0.129 |
The market value of MFS Municipal 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 Municipal's value that differs from its market value or its book value, called intrinsic value, which is MFS Municipal'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 Municipal's market value can be influenced by many factors that don't directly affect MFS Municipal'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 Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if MFS Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MFS Municipal'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.