MFS Income Quality vs Interest Coverage Analysis
CXH Stock | USD 8.24 0.03 0.37% |
MFS Investment financial indicator trend analysis is infinitely more than just investigating MFS Investment Grade recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MFS Investment Grade is a good investment. Please check the relationship between MFS Investment Income Quality and its Interest Coverage accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in MFS Investment Grade. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
Income Quality vs Interest Coverage
Income Quality vs Interest Coverage Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MFS Investment Grade Income Quality account and Interest Coverage. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between MFS Investment's Income Quality and Interest Coverage is -0.07. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Interest Coverage in the same time period over historical financial statements of MFS Investment Grade, assuming nothing else is changed. The correlation between historical values of MFS Investment's Income Quality and Interest Coverage is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of MFS Investment Grade are associated (or correlated) with its Interest Coverage. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Coverage has no effect on the direction of Income Quality i.e., MFS Investment's Income Quality and Interest Coverage go up and down completely randomly.
Correlation Coefficient | -0.07 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Income Quality
An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.Interest Coverage
Most indicators from MFS Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MFS Investment Grade 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in MFS Investment Grade. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. As of now, MFS Investment's Selling General Administrative is decreasing as compared to previous years. The MFS Investment's current Enterprise Value is estimated to increase to about 145.3 M, while Issuance Of Capital Stock is projected to decrease to under 74.3 K.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 4.9M | 5.4M | 4.8M | 5.0M | Net Interest Income | 3.9M | 3.2M | 2.9M | 4.0M |
MFS Investment fundamental ratios Correlations
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MFS Investment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
MFS Investment fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 153.0M | 156.3M | 129.1M | 114.5M | 103.0M | 127.7M | |
Total Stockholder Equity | 98.0M | 98.8M | 76.7M | 68.8M | 61.9M | 93.1M | |
Net Tangible Assets | 97.8M | 98.0M | 98.8M | 76.7M | 69.0M | 96.3M | |
Retained Earnings | 12.6M | 13.4M | (8.7M) | (9.6M) | (11.0M) | (10.5M) | |
Accounts Payable | 1.2M | 1.3M | 798.0K | 1.5M | 1.4M | 1.3M | |
Cash | 1.2M | 283.5K | 2.1M | 3.1M | 3.6M | 3.8M | |
Net Receivables | 2.0M | 4.8M | 1.8M | 1.7M | 1.5M | 2.3M | |
Total Liab | 1.2M | 5.1M | 52.4M | 45.7M | 52.5M | 33.9M | |
Long Term Investments | 149.0M | 148.4M | 127.3M | 112.8M | 101.5M | 124.6M | |
Other Assets | 1.9K | 2.0K | 2.0K | 2.0K | 1.8K | 1.7K | |
Other Current Liab | (1.2M) | (1.3M) | (798.0K) | 93.9K | 84.5K | 88.8K | |
Total Current Liabilities | 1.2M | 5.1M | 798.0K | 1.6M | 1.9M | 1.4M | |
Total Current Assets | 4.0M | 7.9M | 1.8M | 1.7M | 1.5M | 1.4M | |
Other Current Assets | (4.0M) | (7.9M) | (1.8M) | (1.7M) | (1.5M) | (1.6M) | |
Net Debt | 51.6M | 49.2M | 48.7M | 43.8M | 50.3M | 38.6M | |
Non Current Assets Total | 149.0M | 148.4M | 127.3M | 112.8M | 101.5M | 113.0M | |
Non Currrent Assets Other | (149.0M) | (148.4M) | (127.3M) | 2.0K | 2.3K | 2.4K | |
Cash And Short Term Investments | 1.2M | 283.5K | 2.1M | 3.1M | 3.6M | 3.8M | |
Liabilities And Stockholders Equity | 153.0M | 156.3M | 129.1M | 114.5M | 103.0M | 115.9M | |
Other Stockholder Equity | (12.6M) | (13.4M) | 8.7M | 9.6M | 11.0M | 11.6M | |
Short Long Term Debt Total | 53.7M | 52.4M | 48.7M | 43.8M | 39.4M | 40.4M | |
Non Current Liabilities Total | 53.7M | 52.4M | 798.0K | 43.8M | 39.4M | 32.8M | |
Accumulated Other Comprehensive Income | 12.6M | 13.4M | (8.7M) | (9.6M) | (8.6M) | (8.2M) |
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When determining whether MFS Investment Grade offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MFS Investment's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mfs Investment Grade Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mfs Investment Grade Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in MFS Investment Grade. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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 Investment. 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 Investment 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 0.118 | Dividend Share 0.279 | Earnings Share 0.26 | Revenue Per Share 0.655 | Quarterly Revenue Growth (0.05) |
The market value of MFS Investment Grade 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 Investment's value that differs from its market value or its book value, called intrinsic value, which is MFS Investment'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 Investment's market value can be influenced by many factors that don't directly affect MFS Investment'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 Investment's value and its price as these two are different measures arrived at by different means. Investors typically determine if MFS Investment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MFS Investment'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.