Maximus Total Assets vs Asset Turnover Analysis
MMS Stock | USD 80.98 0.06 0.07% |
Maximus financial indicator trend analysis is infinitely more than just investigating Maximus recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Maximus is a good investment. Please check the relationship between Maximus Total Assets and its Asset Turnover accounts. 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.
Total Assets vs Asset Turnover
Total Assets vs Asset Turnover Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Maximus Total Assets account and Asset Turnover. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Maximus' Total Assets and Asset Turnover is -0.63. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Asset Turnover in the same time period over historical financial statements of Maximus, assuming nothing else is changed. The correlation between historical values of Maximus' Total Assets and Asset Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Maximus are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Total Assets i.e., Maximus' Total Assets and Asset Turnover go up and down completely randomly.
Correlation Coefficient | -0.63 |
Relationship Direction | Negative |
Relationship Strength | Weak |
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.Asset Turnover
The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.Most indicators from Maximus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Maximus 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 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' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 66.7 M in 2024, whereas Discontinued Operations is likely to drop (475.8 K) in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 939.8M | 1.0B | 1.2B | 1.2B | Total Revenue | 4.6B | 4.9B | 5.6B | 5.9B |
Maximus fundamental ratios Correlations
Click cells to compare fundamentals
Maximus Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Maximus fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.0B | 4.1B | 4.0B | 4.0B | 4.6B | 4.8B | |
Other Current Liab | 164.5M | 228.6M | 295.3M | 243.8M | 280.3M | 294.3M | |
Total Current Liabilities | 561.2M | 789.4M | 774.4M | 723.0M | 831.5M | 873.0M | |
Total Stockholder Equity | 1.2B | 1.5B | 1.5B | 1.7B | 1.9B | 2.0B | |
Property Plant And Equipment Net | 243.9M | 242.0M | 185.1M | 202.8M | 233.2M | 244.8M | |
Net Debt | 141.9M | 1.6B | 1.5B | 1.4B | 1.6B | 1.6B | |
Retained Earnings | 770.5M | 987.8M | 1.0B | 1.1B | 1.3B | 1.3B | |
Accounts Payable | 253.3M | 305.6M | 264.6M | 282.1M | 324.4M | 340.6M | |
Cash | 71.7M | 135.1M | 40.7M | 65.4M | 75.2M | 110.1M | |
Non Current Assets Total | 1.1B | 3.0B | 3.0B | 2.9B | 3.4B | 3.5B | |
Non Currrent Assets Other | 11.6M | 16.8M | 95.8M | 46.1M | 53.1M | 55.7M | |
Cash And Short Term Investments | 71.7M | 135.1M | 40.7M | 65.4M | 75.2M | 128.6M | |
Net Receivables | 788.3M | 840.2M | 809.3M | 843.4M | 969.9M | 1.0B | |
Common Stock Shares Outstanding | 63.3M | 62.4M | 62.0M | 61.5M | 55.3M | 58.5M | |
Liabilities And Stockholders Equity | 2.0B | 4.1B | 4.0B | 4.0B | 4.6B | 4.8B | |
Non Current Liabilities Total | 221.7M | 1.8B | 1.7B | 1.6B | 1.8B | 1.9B | |
Other Current Assets | 74.6M | 109.6M | 182.4M | 146.6M | 168.6M | 177.1M | |
Other Stockholder Equity | 362K | (39.9M) | (34.0M) | (27.6M) | (24.9M) | (23.6M) | |
Total Liab | 782.9M | 2.6B | 2.4B | 2.3B | 2.7B | 2.8B | |
Property Plant And Equipment Gross | 243.9M | 242.0M | 185.1M | 202.8M | 233.2M | 244.8M | |
Total Current Assets | 932.6M | 1.1B | 1.0B | 1.1B | 1.2B | 1.3B | |
Accumulated Other Comprehensive Income | (42.6M) | (39.9M) | (34.0M) | (27.6M) | (24.9M) | (23.6M) | |
Short Long Term Debt Total | 213.7M | 1.7B | 1.5B | 1.4B | 1.6B | 1.7B | |
Short Term Debt | 91.6M | 156.6M | 127.5M | 136.7M | 157.2M | 165.1M | |
Common Stock Total Equity | 498.4M | 514.0M | 532.4M | 558.0M | 641.7M | 383.9M | |
Intangible Assets | 183.9M | 922.0M | 863.6M | 811.5M | 933.2M | 979.8M | |
Common Stock | 514.0M | 532.4M | 558.0M | 577.9M | 664.6M | 376.6M | |
Other Liab | 99.7M | 298.3M | 290.2M | 302.4M | 347.8M | 365.2M | |
Other Assets | 71.2M | 101.1M | 132.2M | 105.9M | 121.8M | 127.8M | |
Good Will | 593.1M | 1.8B | 1.8B | 1.8B | 2.0B | 2.1B | |
Property Plant Equipment | 66.7M | 242.0M | 185.1M | 202.8M | 233.2M | 244.8M | |
Current Deferred Revenue | 51.7M | 98.6M | 87.1M | 60.5M | 69.5M | 53.9M | |
Net Tangible Assets | 464.8M | (1.2B) | (1.1B) | (922.8M) | (830.6M) | (789.0M) |
Maximus Investors Sentiment
The influence of Maximus' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Maximus. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Maximus' public news can be used to forecast risks associated with an investment in Maximus. The trend in average sentiment can be used to explain how an investor holding Maximus can time the market purely based on public headlines and social activities around Maximus. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Maximus' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Maximus' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Maximus' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Maximus.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Maximus in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Maximus' short interest history, or implied volatility extrapolated from Maximus options trading.
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Try AI Portfolio ArchitectCheck 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.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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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.
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Is Maximus' 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 Maximus. If investors know Maximus 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 Maximus 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 0.6 | Dividend Share 1.16 | Earnings Share 3.02 | Revenue Per Share 81.445 | Quarterly Revenue Growth 0.062 |
The market value of Maximus is measured differently than its book value, which is the value of Maximus that is recorded on the company's balance sheet. Investors also form their own opinion of Maximus' value that differs from its market value or its book value, called intrinsic value, which is Maximus' 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 Maximus' market value can be influenced by many factors that don't directly affect Maximus' 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 Maximus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Maximus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Maximus' 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.