MFS High Financials

CMU Stock  USD 3.57  0.01  0.28%   
Based on the key indicators obtained from MFS High's historical financial statements, MFS High Yield is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, MFS High's Non Current Assets Total are comparatively stable compared to the past year. Cash And Short Term Investments is likely to gain to about 241.9 K in 2024, whereas Accounts Payable is likely to drop slightly above 2 M in 2024. Key indicators impacting MFS High's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.410.58
Way Down
Slightly volatile
Current Ratio1.21.27
Notably Down
Very volatile
Investors should never underestimate MFS High's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor MFS High's cash flow, debt, and profitability to make informed and accurate decisions about investing in MFS High Yield.

Net Income

960,987

  
Understanding current and past MFS High Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of MFS High's financial statements are interrelated, with each one affecting the others. For example, an increase in MFS High's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in MFS High's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of MFS High Yield. Check MFS High's Beneish M Score to see the likelihood of MFS High's management manipulating its earnings.

MFS High Stock Summary

MFS High competes with Invesco High, Blackrock Muniholdings, Nuveen California, MFS Investment, and Federated Premier. MFS High Yield Municipal Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. MFS High Yield Municipal Trust was founded in March 19, 1987 and is domiciled in the United States. Colonial Muni is traded on New York Stock Exchange in the United States.
Specialization
Financial Services, Financial Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS59318E1029
CUSIP59318E102 195799101
LocationMassachusetts; U.S.A
Business Address111 Huntington Avenue,
SectorCapital Markets
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.mfs.com/en-us/individual-investor/prod
Phone617 954 5000
CurrencyUSD - US Dollar

MFS High Key Financial Ratios

MFS High Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets209.4M220.6M175.7M155.0M139.5M166.4M
Net Tangible Assets139.0M133.4M137.7M105.0M94.5M123.8M
Retained Earnings8.7M13.1M(19.7M)(22.1M)(25.5M)(26.7M)
Accounts Payable757.9K7.8M687.4K1.9M2.2M2.0M
Net Receivables4.0M5.9M3.0M2.5M2.9M3.8M
Total Liab866.3K7.8M70.7M62.0M71.3M44.8M
Other Assets2.2K2.3K2.3K(531.7K)(478.6K)(454.6K)
Other Current Liab(757.9K)(7.8M)(687.4K)(1.9M)(1.7M)(1.7M)
Other Current Assets(4.0M)(5.9M)(3.0M)(2.5M)(2.2M)(2.4M)
Total Current Assets4.0M5.9M3.0M2.8M3.2M2.8M

MFS High Key Income Statement Accounts

The reason investors look at the income statement is to determine what MFS High's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense1.4M867.6K1.5M3.0M2.7M1.8M
Total Revenue786.5K10.5M(27.5M)1.6M1.5M1.4M
Gross Profit786.5K10.5M(27.5M)1.6M1.5M1.4M
Operating Income497.2K10.2M(26.3M)1.3M1.1M1.1M
Ebit497.2K10.2M(26.3M)1.3M1.1M1.1M
Cost Of Revenue2.9M2.3M1.3M1.3M1.5M2.6M
Income Before Tax497.2K10.2M(27.8M)1.3M1.1M1.1M
Net Income497.2K10.2M(27.8M)1.3M1.1M961.0K
Income Tax Expense5.9M5.7M6.2M3.8M4.3M2.4M
Ebitda497.2K10.2M(26.3M)1.3M1.1M1.1M
Interest Income8.9M8.2M7.7M8.1M9.3M6.4M
Net Interest Income7.5M7.3M6.2M5.1M4.6M6.0M

MFS Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining MFS High's current stock value. Our valuation model uses many indicators to compare MFS High value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across MFS High competition to find correlations between indicators driving MFS High's intrinsic value. More Info.
MFS High Yield is rated third in return on equity category among its peers. It is number one stock in return on asset category among its peers reporting about  0.63  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for MFS High Yield is roughly  1.58 . At this time, MFS High's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value MFS High by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

MFS High Yield Systematic Risk

MFS High's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. MFS High volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on MFS High Yield correlated with the market. If Beta is less than 0 MFS High generally moves in the opposite direction as compared to the market. If MFS High Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one MFS High Yield is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of MFS High is generally in the same direction as the market. If Beta > 1 MFS High moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in MFS High Stock are looking for potential investment opportunities by analyzing not only static indicators but also various MFS High's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of MFS High growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.51)

At this time, MFS High's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

MFS High November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of MFS High help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of MFS High Yield. We use our internally-developed statistical techniques to arrive at the intrinsic value of MFS High Yield based on widely used predictive technical indicators. In general, we focus on analyzing MFS Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build MFS High's daily price indicators and compare them against related drivers.

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.