MFS Asset Turnover from 2010 to 2024

CMU Stock  USD 3.58  0.03  0.85%   
MFS High Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Asset Turnover will likely drop to 0.03 in 2024. Asset Turnover is the ratio of net sales to average total assets, indicating how efficiently MFS High Yield uses its assets to generate sales. View All Fundamentals
 
Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.0612
Current Value
0.0323
Quarterly Volatility
0.05496406
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MFS High financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MFS High's main balance sheet or income statement drivers, such as Interest Expense of 1.8 M, Selling General Administrative of 245.9 K or Total Revenue of 1.4 M, as well as many indicators such as Price To Sales Ratio of 8.37, Dividend Yield of 0.11 or PTB Ratio of 0.66. MFS financial statements analysis is a perfect complement when working with MFS High Valuation or Volatility modules.
  
Check out the analysis of MFS High Correlation against competitors.

Latest MFS High's Asset Turnover Growth Pattern

Below is the plot of the Asset Turnover of MFS High Yield over the last few years. It is the ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales. MFS High's Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MFS High's overall financial position and show how it may be relating to other accounts over time.
Asset Turnover10 Years Trend
Slightly volatile
   Asset Turnover   
       Timeline  

MFS Asset Turnover Regression Statistics

Arithmetic Mean0.03
Coefficient Of Variation165.62
Mean Deviation0.03
Median0.05
Standard Deviation0.05
Sample Variance0
Range0.2196
R-Value(0.30)
Mean Square Error0
R-Squared0.09
Significance0.28
Slope(0)
Total Sum of Squares0.04

MFS Asset Turnover History

2024 0.0323
2023 0.0612
2022 0.0532
2021 -0.16
2020 0.0477
2019 0.003757
2018 0.0632

Other Fundumenentals of MFS High Yield

MFS High Asset Turnover component correlations

0.850.80.040.150.05-0.350.021.00.88-0.76-0.76-0.250.740.570.690.560.79
0.851.0-0.140.160.13-0.46-0.140.860.53-0.54-0.54-0.270.60.280.540.270.47
0.81.0-0.160.170.14-0.47-0.170.810.46-0.5-0.5-0.260.570.240.520.240.41
0.04-0.14-0.160.20.77-0.52-0.620.040.170.20.250.57-0.580.14-0.580.140.02
0.150.160.170.20.51-0.34-0.070.14-0.020.020.070.47-0.1-0.04-0.13-0.04-0.09
0.050.130.140.770.51-0.68-0.620.05-0.060.290.320.64-0.57-0.16-0.62-0.15-0.23
-0.35-0.46-0.47-0.52-0.34-0.680.43-0.35-0.150.03-0.01-0.650.19-0.010.26-0.010.06
0.02-0.14-0.17-0.62-0.07-0.620.430.010.09-0.31-0.28-0.320.51-0.050.43-0.050.09
1.00.860.810.040.140.05-0.350.010.88-0.76-0.76-0.250.740.580.690.570.8
0.880.530.460.17-0.02-0.06-0.150.090.88-0.81-0.81-0.220.680.750.660.750.94
-0.76-0.54-0.50.20.020.290.03-0.31-0.76-0.810.970.35-0.81-0.78-0.79-0.77-0.86
-0.76-0.54-0.50.250.070.32-0.01-0.28-0.76-0.810.970.36-0.84-0.72-0.84-0.71-0.84
-0.25-0.27-0.260.570.470.64-0.65-0.32-0.25-0.220.350.36-0.58-0.16-0.59-0.15-0.37
0.740.60.57-0.58-0.1-0.570.190.510.740.68-0.81-0.84-0.580.540.980.530.75
0.570.280.240.14-0.04-0.16-0.01-0.050.580.75-0.78-0.72-0.160.540.611.00.9
0.690.540.52-0.58-0.13-0.620.260.430.690.66-0.79-0.84-0.590.980.610.60.77
0.560.270.240.14-0.04-0.15-0.01-0.050.570.75-0.77-0.71-0.150.531.00.60.89
0.790.470.410.02-0.09-0.230.060.090.80.94-0.86-0.84-0.370.750.90.770.89
Click cells to compare fundamentals

About MFS High Financial Statements

MFS High shareholders use historical fundamental indicators, such as Asset Turnover, to determine how well the company is positioned to perform in the future. Although MFS High investors may analyze each financial statement separately, they are all interrelated. The changes in MFS High's assets and liabilities, for example, are also reflected in the revenues and expenses on on MFS High's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Asset Turnover 0.06  0.03 

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Additional Tools for MFS Stock Analysis

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.