MFS Non Currrent Assets Other vs Other Current Assets Analysis

CXH Stock  USD 8.12  0.06  0.73%   
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 Non Currrent Assets Other and its Other Current Assets 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.

Non Currrent Assets Other vs Other Current Assets

Non Currrent Assets Other vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MFS Investment Grade Non Currrent Assets Other account and Other Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between MFS Investment's Non Currrent Assets Other and Other Current Assets is -0.1. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Other Current Assets 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 Non Currrent Assets Other and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of MFS Investment Grade are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Non Currrent Assets Other i.e., MFS Investment's Non Currrent Assets Other and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.1
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
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 Income4.9M5.4M4.8M5.0M
Net Interest Income3.9M3.2M2.9M4.0M

MFS Investment fundamental ratios Correlations

0.880.510.850.35-0.05-0.79-0.450.57-0.050.321.00.650.90.83-0.15-0.70.58-0.70.910.26-0.740.93-0.9-0.830.82
0.880.291.00.270.25-0.69-0.80.41-0.230.140.890.410.720.72-0.12-0.490.39-0.490.810.36-0.640.7-0.73-0.650.63
0.510.290.260.45-0.2-0.59-0.090.28-0.01-0.070.510.270.560.42-0.07-0.830.48-0.830.43-0.08-0.310.67-0.34-0.60.81
0.851.00.260.240.3-0.66-0.820.38-0.220.140.870.390.70.7-0.12-0.460.35-0.460.80.39-0.630.66-0.69-0.630.61
0.350.270.450.24-0.19-0.43-0.220.55-0.71-0.450.33-0.270.080.060.19-0.420.66-0.42-0.04-0.620.10.53-0.43-0.330.18
-0.050.25-0.20.3-0.190.16-0.53-0.25-0.190.02-0.04-0.23-0.11-0.260.420.21-0.150.210.00.0-0.01-0.230.170.3-0.1
-0.79-0.69-0.59-0.66-0.430.160.37-0.280.03-0.04-0.8-0.39-0.78-0.740.480.62-0.260.62-0.66-0.230.67-0.830.760.96-0.77
-0.45-0.8-0.09-0.82-0.22-0.530.37-0.120.450.23-0.470.14-0.24-0.30.010.23-0.090.23-0.37-0.250.26-0.240.230.23-0.23
0.570.410.280.380.55-0.25-0.28-0.12-0.2-0.060.530.240.420.290.42-0.420.9-0.420.35-0.38-0.310.6-0.59-0.330.37
-0.05-0.23-0.01-0.22-0.71-0.190.030.45-0.20.41-0.040.510.320.17-0.330.07-0.290.070.240.48-0.53-0.070.04-0.110.24
0.320.14-0.070.14-0.450.02-0.040.23-0.060.410.320.710.370.420.01-0.090.01-0.090.530.49-0.370.21-0.3-0.240.23
1.00.890.510.870.33-0.04-0.8-0.470.53-0.040.320.650.910.85-0.19-0.70.54-0.70.910.29-0.750.93-0.9-0.850.83
0.650.410.270.39-0.27-0.23-0.390.140.240.510.710.650.750.78-0.26-0.370.24-0.370.850.53-0.670.54-0.57-0.580.64
0.90.720.560.70.08-0.11-0.78-0.240.420.320.370.910.750.8-0.29-0.670.41-0.670.920.39-0.860.87-0.82-0.850.93
0.830.720.420.70.06-0.26-0.74-0.30.290.170.420.850.780.8-0.45-0.530.24-0.530.90.55-0.670.72-0.72-0.820.73
-0.15-0.12-0.07-0.120.190.420.480.010.42-0.330.01-0.19-0.26-0.29-0.450.140.520.14-0.25-0.610.34-0.150.130.49-0.23
-0.7-0.49-0.83-0.46-0.420.210.620.23-0.420.07-0.09-0.7-0.37-0.67-0.530.14-0.511.0-0.58-0.020.45-0.790.470.65-0.78
0.580.390.480.350.66-0.15-0.26-0.090.9-0.290.010.540.240.410.240.52-0.51-0.510.35-0.44-0.240.65-0.59-0.310.44
-0.7-0.49-0.83-0.46-0.420.210.620.23-0.420.07-0.09-0.7-0.37-0.67-0.530.141.0-0.51-0.58-0.020.45-0.790.470.65-0.78
0.910.810.430.8-0.040.0-0.66-0.370.350.240.530.910.850.920.9-0.25-0.580.35-0.580.56-0.80.76-0.74-0.760.83
0.260.36-0.080.39-0.620.0-0.23-0.25-0.380.480.490.290.530.390.55-0.61-0.02-0.44-0.020.56-0.50.03-0.1-0.340.29
-0.74-0.64-0.31-0.630.1-0.010.670.26-0.31-0.53-0.37-0.75-0.67-0.86-0.670.340.45-0.240.45-0.8-0.5-0.650.670.73-0.73
0.930.70.670.660.53-0.23-0.83-0.240.6-0.070.210.930.540.870.72-0.15-0.790.65-0.790.760.03-0.65-0.9-0.870.84
-0.9-0.73-0.34-0.69-0.430.170.760.23-0.590.04-0.3-0.9-0.57-0.82-0.720.130.47-0.590.47-0.74-0.10.67-0.90.81-0.67
-0.83-0.65-0.6-0.63-0.330.30.960.23-0.33-0.11-0.24-0.85-0.58-0.85-0.820.490.65-0.310.65-0.76-0.340.73-0.870.81-0.83
0.820.630.810.610.18-0.1-0.77-0.230.370.240.230.830.640.930.73-0.23-0.780.44-0.780.830.29-0.730.84-0.67-0.83
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MFS Investment Account Relationship Matchups

MFS Investment fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets153.0M156.3M129.1M114.5M103.0M127.7M
Total Stockholder Equity98.0M98.8M76.7M68.8M61.9M93.1M
Net Tangible Assets97.8M98.0M98.8M76.7M69.0M96.3M
Retained Earnings12.6M13.4M(8.7M)(9.6M)(11.0M)(10.5M)
Accounts Payable1.2M1.3M798.0K1.5M1.4M1.3M
Cash1.2M283.5K2.1M3.1M3.6M3.8M
Net Receivables2.0M4.8M1.8M1.7M1.5M2.3M
Total Liab1.2M5.1M52.4M45.7M52.5M33.9M
Long Term Investments149.0M148.4M127.3M112.8M101.5M124.6M
Other Assets1.9K2.0K2.0K2.0K1.8K1.7K
Other Current Liab(1.2M)(1.3M)(798.0K)(1.5M)(1.4M)(1.3M)
Total Current Liabilities1.2M5.1M798.0K1.6M1.9M1.4M
Total Current Assets4.0M7.9M1.8M1.7M1.5M1.4M
Other Current Assets(4.0M)(7.9M)(1.8M)(1.7M)(1.5M)(1.6M)
Net Debt51.6M49.2M48.7M43.8M50.3M38.6M
Non Current Assets Total149.0M148.4M127.3M112.8M101.5M113.0M
Non Currrent Assets Other(149.0M)(148.4M)(127.3M)(112.8M)(129.7M)(136.2M)
Cash And Short Term Investments1.2M283.5K2.1M3.1M3.6M3.8M
Liabilities And Stockholders Equity153.0M156.3M129.1M114.5M103.0M115.9M
Other Stockholder Equity(12.6M)(13.4M)8.7M9.6M11.0M11.6M
Short Long Term Debt Total53.7M52.4M48.7M43.8M39.4M40.4M
Non Current Liabilities Total53.7M52.4M798.0K43.8M39.4M32.8M
Accumulated Other Comprehensive Income12.6M13.4M(8.7M)(9.6M)(8.6M)(8.2M)

Currently Active Assets on Macroaxis

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 Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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.