MFS Net Debt from 2010 to 2024
| MIN Stock | USD 2.69 0.02 0.75% |
Net Debt | First Reported 2010-12-31 | Previous Quarter -3 M | Current Value -3.2 M | Quarterly Volatility 963.1 K |
Check MFS Intermediate financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MFS Intermediate's main balance sheet or income statement drivers, such as Interest Expense of 0.0, Selling General Administrative of 421 K or Total Revenue of 14.8 M, as well as many indicators such as Price To Sales Ratio of 23.46, Dividend Yield of 0.0 or PTB Ratio of 1.02. MFS financial statements analysis is a perfect complement when working with MFS Intermediate Valuation or Volatility modules.
MFS | Net Debt |
Latest MFS Intermediate's Net Debt Growth Pattern
Below is the plot of the Net Debt of MFS Intermediate Income over the last few years. It is the total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. MFS Intermediate's Net Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MFS Intermediate's overall financial position and show how it may be relating to other accounts over time.
| Net Debt | 10 Years Trend |
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Net Debt |
| Timeline |
MFS Net Debt Regression Statistics
| Arithmetic Mean | (3,762,109) | |
| Coefficient Of Variation | (25.60) | |
| Mean Deviation | 546,904 | |
| Median | (3,881,383) | |
| Standard Deviation | 963,108 | |
| Sample Variance | 927.6B | |
| Range | 4.2M | |
| R-Value | 0.29 | |
| Mean Square Error | 916.5B | |
| R-Squared | 0.08 | |
| Significance | 0.30 | |
| Slope | 61,849 | |
| Total Sum of Squares | 13T |
MFS Net Debt History
Other Fundumenentals of MFS Intermediate Income
MFS Intermediate Net Debt component correlations
Click cells to compare fundamentals
About MFS Intermediate Financial Statements
MFS Intermediate investors utilize fundamental indicators, such as Net Debt, to predict how MFS Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Net Debt | -3 M | -3.2 M | |
| Net Debt To EBITDA | 0.05 | 0.07 |
Pair Trading with MFS Intermediate
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 MFS Intermediate 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 MFS Intermediate will appreciate offsetting losses from the drop in the long position's value.Moving against MFS Stock
| 0.59 | DIST | Distoken Acquisition | PairCorr |
| 0.59 | BX | Blackstone Group Normal Trading | PairCorr |
| 0.59 | MS | Morgan Stanley Fiscal Year End 21st of January 2025 | PairCorr |
| 0.58 | PX | P10 Inc | PairCorr |
| 0.56 | GS | Goldman Sachs Group Fiscal Year End 21st of January 2025 | PairCorr |
The ability to find closely correlated positions to MFS Intermediate could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MFS Intermediate 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 MFS Intermediate - 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 MFS Intermediate Income to buy it.
The correlation of MFS Intermediate 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 MFS Intermediate moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MFS Intermediate Income 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 MFS Intermediate 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.Check out the analysis of MFS Intermediate Correlation against competitors. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency 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 Intermediate. 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 Intermediate 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 (0.31) | Dividend Share 0.247 | Earnings Share 0.02 | Revenue Per Share 0.107 | Quarterly Revenue Growth 0.113 |
The market value of MFS Intermediate 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 Intermediate's value that differs from its market value or its book value, called intrinsic value, which is MFS Intermediate'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 Intermediate's market value can be influenced by many factors that don't directly affect MFS Intermediate'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 Intermediate's value and its price as these two are different measures arrived at by different means. Investors typically determine if MFS Intermediate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MFS Intermediate'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.