Maximus Historical Balance Sheet

MMS Stock  USD 86.74  0.95  1.11%   
Trend analysis of Maximus balance sheet accounts such as Total Stockholder Equity of 2 B provides information on Maximus' total assets, liabilities, and equity, which is the actual value of Maximus to its prevalent stockholders. By breaking down trends over time using Maximus balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Maximus latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Maximus is a good buy for the upcoming year.

Maximus Inventory

(4.63 Million)

  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Maximus. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For more information on how to buy Maximus Stock please use our How to Invest in Maximus guide.

About Maximus Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Maximus at a specified time, usually calculated after every quarter, six months, or one year. Maximus Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Maximus and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Maximus currently owns. An asset can also be divided into two categories, current and non-current.

Maximus Balance Sheet Chart

At this time, Maximus' Cash is comparatively stable compared to the past year. Non Current Assets Total is likely to gain to about 3.5 B in 2024, despite the fact that Accumulated Other Comprehensive Income is likely to grow to (23.6 M).

Total Assets

Total assets refers to the total amount of Maximus assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Maximus books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Maximus balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Maximus are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Accounts Payable

An accounting item on the balance sheet that represents Maximus obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Maximus are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most accounts from Maximus' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Maximus current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Maximus. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For more information on how to buy Maximus Stock please use our How to Invest in Maximus guide.At this time, Maximus' Cash is comparatively stable compared to the past year. Non Current Assets Total is likely to gain to about 3.5 B in 2024, despite the fact that Accumulated Other Comprehensive Income is likely to grow to (23.6 M).
 2021 2022 2023 2024 (projected)
Other Current Liabilities295.3M243.8M280.3M294.3M
Total Assets4.0B4.0B4.6B4.8B

Maximus balance sheet Correlations

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Click cells to compare fundamentals

Maximus Account Relationship Matchups

Maximus balance sheet Accounts

201920202021202220232024 (projected)
Total Assets2.0B4.1B4.0B4.0B4.6B4.8B
Other Current Liab164.5M228.6M295.3M243.8M280.3M294.3M
Total Current Liabilities561.2M789.4M774.4M723.0M831.5M873.0M
Total Stockholder Equity1.2B1.5B1.5B1.7B1.9B2.0B
Property Plant And Equipment Net243.9M242.0M185.1M202.8M233.2M244.8M
Net Debt141.9M1.6B1.5B1.4B1.6B1.6B
Retained Earnings770.5M987.8M1.0B1.1B1.3B1.3B
Accounts Payable253.3M305.6M264.6M282.1M324.4M340.6M
Cash71.7M135.1M40.7M65.4M75.2M110.1M
Non Current Assets Total1.1B3.0B3.0B2.9B3.4B3.5B
Non Currrent Assets Other11.6M16.8M95.8M46.1M53.1M55.7M
Cash And Short Term Investments71.7M135.1M40.7M65.4M75.2M128.6M
Net Receivables788.3M840.2M809.3M843.4M969.9M1.0B
Common Stock Shares Outstanding63.3M62.4M62.0M61.5M55.3M58.5M
Liabilities And Stockholders Equity2.0B4.1B4.0B4.0B4.6B4.8B
Non Current Liabilities Total221.7M1.8B1.7B1.6B1.8B1.9B
Other Current Assets74.6M109.6M182.4M146.6M168.6M177.1M
Other Stockholder Equity362K(39.9M)(34.0M)(27.6M)(24.9M)(26.1M)
Total Liab782.9M2.6B2.4B2.3B2.7B2.8B
Property Plant And Equipment Gross243.9M242.0M185.1M202.8M233.2M244.8M
Total Current Assets932.6M1.1B1.0B1.1B1.2B1.3B
Accumulated Other Comprehensive Income(42.6M)(39.9M)(34.0M)(27.6M)(24.9M)(23.6M)
Short Long Term Debt Total213.7M1.7B1.5B1.4B1.6B1.7B
Short Term Debt91.6M156.6M127.5M136.7M157.2M165.1M
Common Stock Total Equity498.4M514.0M532.4M558.0M641.7M383.9M
Intangible Assets183.9M922.0M863.6M811.5M933.2M979.8M
Common Stock514.0M532.4M558.0M577.9M664.6M376.6M
Other Liab99.7M298.3M290.2M302.4M347.8M365.2M
Other Assets71.2M101.1M132.2M105.9M121.8M127.8M
Good Will593.1M1.8B1.8B1.8B2.0B2.1B
Property Plant Equipment66.7M242.0M185.1M202.8M233.2M244.8M
Current Deferred Revenue51.7M98.6M87.1M60.5M69.5M53.9M
Net Tangible Assets464.8M(1.2B)(1.1B)(922.8M)(830.6M)(789.0M)

Pair Trading with Maximus

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 Maximus 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 Maximus will appreciate offsetting losses from the drop in the long position's value.

Moving against Maximus Stock

  0.65SST System1PairCorr
  0.56QBCRF QuebecorPairCorr
  0.53GPN Global PaymentsPairCorr
The ability to find closely correlated positions to Maximus could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Maximus 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 Maximus - 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 Maximus to buy it.
The correlation of Maximus 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 Maximus moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Maximus 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 Maximus 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 CorrelationCorrelation Matching

Additional Tools for Maximus Stock Analysis

When running Maximus' price analysis, check to measure Maximus' 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 Maximus is operating at the current time. Most of Maximus' value examination focuses on studying past and present price action to predict the probability of Maximus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Maximus' price. Additionally, you may evaluate how the addition of Maximus to your portfolios can decrease your overall portfolio volatility.