MFS Other Liab vs Other Assets Analysis

MFM Stock  USD 5.70  0.08  1.38%   
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 Other Liab and its Other Assets 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 closely tied with the direction of predictive economic indicators such as signals in census.

Other Liab vs Other Assets

Other Liab vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MFS Municipal Income Other Liab account and Other Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between MFS Municipal's Other Liab and Other Assets is -0.11. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Other Assets 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 Other Liab and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of MFS Municipal Income are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Other Liab i.e., MFS Municipal's Other Liab and Other Assets go up and down completely randomly.

Correlation Coefficient

-0.11
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Liab

Other Assets

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 closely tied 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 20th of September 2024, Sales General And Administrative To Revenue is likely to grow to 0.35, while Issuance Of Capital Stock is likely to drop about 91 M.
 2021 2022 2023 2024 (projected)
Research Development5.880.190.220.21
Net Interest Income13.2M11.6M10.5M12.6M

MFS Municipal fundamental ratios Correlations

0.540.770.820.86-0.410.420.220.250.221.00.41-0.46-0.720.570.210.50.650.050.010.8-0.570.97-0.760.55-0.57
0.540.710.410.28-0.70.320.86-0.480.10.550.18-0.2-0.460.190.540.110.27-0.740.090.56-0.360.56-0.450.35-0.49
0.770.710.850.48-0.610.250.49-0.18-0.210.760.61-0.65-0.470.370.320.290.25-0.30.150.57-0.510.71-0.660.49-0.54
0.820.410.850.66-0.480.170.080.36-0.070.820.83-0.86-0.50.540.220.530.390.110.050.54-0.540.7-0.630.52-0.43
0.860.280.480.66-0.290.190.040.440.150.870.22-0.25-0.570.3-0.130.290.570.21-0.350.54-0.270.88-0.760.26-0.18
-0.41-0.7-0.61-0.48-0.29-0.1-0.460.220.08-0.41-0.320.370.350.08-0.33-0.05-0.020.440.0-0.240.26-0.390.35-0.230.29
0.420.320.250.170.19-0.10.08-0.090.440.42-0.01-0.06-0.230.660.450.690.230.050.410.55-0.890.39-0.340.89-0.59
0.220.860.490.080.04-0.460.08-0.69-0.050.23-0.110.11-0.25-0.120.36-0.3-0.01-0.94-0.120.27-0.020.31-0.270.01-0.18
0.25-0.48-0.180.360.440.22-0.09-0.690.340.240.39-0.4-0.160.39-0.180.450.350.77-0.190.06-0.10.14-0.070.10.05
0.220.1-0.21-0.070.150.080.44-0.050.340.22-0.190.15-0.290.540.390.430.40.160.180.39-0.310.22-0.030.31-0.52
1.00.550.760.820.87-0.410.420.230.240.220.4-0.45-0.720.560.210.490.650.050.010.8-0.570.98-0.760.55-0.57
0.410.180.610.830.22-0.32-0.01-0.110.39-0.190.4-0.98-0.20.460.240.490.220.180.220.29-0.440.21-0.190.44-0.31
-0.46-0.2-0.65-0.86-0.250.37-0.060.11-0.40.15-0.45-0.980.29-0.49-0.24-0.55-0.21-0.17-0.21-0.310.51-0.270.21-0.50.35
-0.72-0.46-0.47-0.5-0.570.35-0.23-0.25-0.16-0.29-0.72-0.20.29-0.23-0.05-0.23-0.790.120.03-0.790.33-0.740.17-0.290.47
0.570.190.370.540.30.080.66-0.120.390.540.560.46-0.49-0.230.580.890.380.310.460.56-0.790.43-0.420.79-0.66
0.210.540.320.22-0.13-0.330.450.36-0.180.390.210.24-0.24-0.050.580.430.06-0.310.630.35-0.50.15-0.180.5-0.54
0.50.110.290.530.29-0.050.69-0.30.450.430.490.49-0.55-0.230.890.430.330.410.40.45-0.850.34-0.330.84-0.53
0.650.270.250.390.57-0.020.23-0.010.350.40.650.22-0.21-0.790.380.060.330.180.140.86-0.280.65-0.110.3-0.5
0.05-0.74-0.30.110.210.440.05-0.940.770.160.050.18-0.170.120.31-0.310.410.180.11-0.04-0.12-0.030.010.12-0.01
0.010.090.150.05-0.350.00.41-0.12-0.190.180.010.22-0.210.030.460.630.40.140.110.33-0.44-0.070.160.46-0.63
0.80.560.570.540.54-0.240.550.270.060.390.80.29-0.31-0.790.560.350.450.86-0.040.33-0.60.79-0.340.61-0.77
-0.57-0.36-0.51-0.54-0.270.26-0.89-0.02-0.1-0.31-0.57-0.440.510.33-0.79-0.5-0.85-0.28-0.12-0.44-0.6-0.450.39-1.00.66
0.970.560.710.70.88-0.390.390.310.140.220.980.21-0.27-0.740.430.150.340.65-0.03-0.070.79-0.45-0.760.43-0.52
-0.76-0.45-0.66-0.63-0.760.35-0.34-0.27-0.07-0.03-0.76-0.190.210.17-0.42-0.18-0.33-0.110.010.16-0.340.39-0.76-0.380.26
0.550.350.490.520.26-0.230.890.010.10.310.550.44-0.5-0.290.790.50.840.30.120.460.61-1.00.43-0.38-0.66
-0.57-0.49-0.54-0.43-0.180.29-0.59-0.180.05-0.52-0.57-0.310.350.47-0.66-0.54-0.53-0.5-0.01-0.63-0.770.66-0.520.26-0.66
Click cells to compare fundamentals

MFS Municipal Account Relationship Matchups

MFS Municipal fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets407.4M423.2M340.6M336.6M302.9M329.4M
Other Current Liab(1.4M)(5.9M)(2.3M)(5.9M)(5.3M)(5.1M)
Total Stockholder Equity292.0M303.6M224.5M216.8M195.1M266.9M
Net Tangible Assets306.7M292.0M303.6M224.5M202.1M259.6M
Retained Earnings11.6M23.2M(55.8M)(63.5M)(57.1M)(54.3M)
Accounts Payable1.4M5.9M2.3M5.9M5.3M2.7M
Other Assets6.7K6.7K6.7K6.7K6.0K5.7K
Net Receivables6.3M8.1M6.0M5.7M5.1M5.5M
Total Liab1.4M5.9M116.1M5.9M6.8M6.5M
Long Term Investments401.1M415.2M334.6M330.8M297.8M323.0M
Other Liab8.1K5.3K3.8K2.5K2.2K2.1K
Total Current Liabilities1.4M5.9M2.3M5.9M5.3M6.0M
Other Current Assets(558.8K)(2.6M)(947.7K)(462.1K)(415.8K)(436.6K)
Total Current Assets6.3M8.1M6.0M5.7M6.6M5.7M
Short Term Debt113.8M254.0113.7M113.7M102.4M65.8M
Non Current Assets Total401.1M415.2M334.6M330.8M297.8M317.0M
Non Currrent Assets Other(401.1M)(415.2M)(334.6M)(330.8M)(380.5M)(399.5M)
Liabilities And Stockholders Equity407.4M423.2M340.6M336.6M302.9M322.9M
Non Current Liabilities Total115.3M119.6M2.3M119.8M137.8M144.6M
Current Deferred Revenue(112.3M)5.9M(111.4M)(107.8M)(97.0M)(101.9M)

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Additional Information and Resources on Investing in MFS Stock

When determining whether MFS Municipal Income is a strong investment it is important to analyze MFS Municipal'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 Municipal's future performance. For an informed investment choice regarding MFS Stock, refer to the following important reports:
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 closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Asset Management & Custody Banks space 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
0.228
Dividend Share
0.22
Earnings Share
0.17
Revenue Per Share
0.415
Quarterly Revenue Growth
0.053
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.