Mid Net Debt vs Asset Turnover Analysis

MAA Stock  USD 161.98  1.04  0.65%   
Mid America financial indicator trend analysis is infinitely more than just investigating Mid America Apartment recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mid America Apartment is a good investment. Please check the relationship between Mid America Net Debt and its Asset Turnover accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mid America Apartment Communities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Net Debt vs Asset Turnover

Net Debt vs Asset Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mid America Apartment Net Debt account and Asset Turnover. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Mid America's Net Debt and Asset Turnover is -0.07. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Asset Turnover in the same time period over historical financial statements of Mid America Apartment Communities, assuming nothing else is changed. The correlation between historical values of Mid America's Net Debt and Asset Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Mid America Apartment Communities are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Net Debt i.e., Mid America's Net Debt and Asset Turnover go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Debt

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.

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.
Most indicators from Mid America's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mid America Apartment 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mid America Apartment Communities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At present, Mid America's Discontinued Operations is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 3.2 M, whereas Selling General Administrative is forecasted to decline to about 42.9 M.
 2021 2022 2023 2024 (projected)
Interest Expense156.9M154.7M149.2M79.9M
Depreciation And Amortization1.3B1.4B565.9M308.7M

Mid America fundamental ratios Correlations

0.880.990.250.88-0.831.00.60.950.860.990.880.250.80.440.080.470.080.990.470.390.42-0.50.65-0.07-0.29
0.880.86-0.091.0-0.710.880.790.810.990.850.990.440.50.420.210.20.210.820.710.530.13-0.320.690.19-0.05
0.990.860.240.85-0.810.990.60.940.831.00.860.250.80.460.020.470.020.970.40.340.42-0.570.65-0.07-0.34
0.25-0.090.24-0.09-0.40.25-0.620.29-0.140.28-0.07-0.60.7-0.110.040.650.040.39-0.06-0.080.75-0.180.07-0.71-0.28
0.881.00.85-0.09-0.720.870.780.820.990.851.00.430.520.440.210.210.210.820.720.520.14-0.30.680.16-0.1
-0.83-0.71-0.81-0.4-0.72-0.84-0.35-0.91-0.71-0.85-0.74-0.08-0.77-0.36-0.19-0.65-0.19-0.88-0.56-0.2-0.550.35-0.690.390.44
1.00.880.990.250.87-0.840.60.950.861.00.880.250.80.440.070.470.070.990.460.380.43-0.50.66-0.08-0.29
0.60.790.6-0.620.78-0.350.60.530.810.580.770.690.070.450.03-0.160.030.470.430.37-0.27-0.260.470.520.0
0.950.810.940.290.82-0.910.950.530.80.960.830.160.810.490.00.520.00.950.480.210.47-0.510.67-0.23-0.45
0.860.990.83-0.140.99-0.710.860.810.80.830.990.450.450.410.250.180.250.80.720.530.1-0.270.690.18-0.06
0.990.851.00.280.85-0.851.00.580.960.830.850.230.820.460.040.510.040.980.430.320.45-0.550.67-0.12-0.36
0.880.990.86-0.071.0-0.740.880.770.830.990.850.430.530.440.220.250.220.830.710.520.17-0.320.690.13-0.13
0.250.440.25-0.60.43-0.080.250.690.160.450.230.43-0.080.150.05-0.060.050.140.250.43-0.25-0.070.210.490.18
0.80.50.80.70.52-0.770.80.070.810.450.820.53-0.080.34-0.040.72-0.040.870.230.170.73-0.490.38-0.44-0.48
0.440.420.46-0.110.44-0.360.440.450.490.410.460.440.150.340.070.30.070.40.180.25-0.06-0.320.180.23-0.44
0.080.210.020.040.21-0.190.070.030.00.250.040.220.05-0.040.070.181.00.10.40.730.040.41-0.060.010.22
0.470.20.470.650.21-0.650.47-0.160.520.180.510.25-0.060.720.30.180.180.560.050.120.84-0.30.37-0.68-0.45
0.080.210.020.040.21-0.190.070.030.00.250.040.220.05-0.040.071.00.180.10.40.730.040.41-0.060.010.22
0.990.820.970.390.82-0.880.990.470.950.80.980.830.140.870.40.10.560.10.470.350.53-0.480.64-0.2-0.31
0.470.710.4-0.060.72-0.560.460.430.480.720.430.710.250.230.180.40.050.40.470.460.030.110.440.060.22
0.390.530.34-0.080.52-0.20.380.370.210.530.320.520.430.170.250.730.120.730.350.46-0.070.320.010.360.29
0.420.130.420.750.14-0.550.43-0.270.470.10.450.17-0.250.73-0.060.040.840.040.530.03-0.07-0.280.28-0.84-0.38
-0.5-0.32-0.57-0.18-0.30.35-0.5-0.26-0.51-0.27-0.55-0.32-0.07-0.49-0.320.41-0.30.41-0.480.110.32-0.28-0.520.130.39
0.650.690.650.070.68-0.690.660.470.670.690.670.690.210.380.18-0.060.37-0.060.640.440.010.28-0.52-0.18-0.1
-0.070.19-0.07-0.710.160.39-0.080.52-0.230.18-0.120.130.49-0.440.230.01-0.680.01-0.20.060.36-0.840.13-0.180.43
-0.29-0.05-0.34-0.28-0.10.44-0.290.0-0.45-0.06-0.36-0.130.18-0.48-0.440.22-0.450.22-0.310.220.29-0.380.39-0.10.43
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Mid America Account Relationship Matchups

Mid America fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.2B11.2B11.3B11.2B11.5B12.1B
Short Long Term Debt Total4.5B4.7B4.6B4.4B4.6B2.5B
Total Stockholder Equity6.1B5.9B6.0B6.0B6.1B6.4B
Net Debt4.4B4.5B4.5B4.4B4.5B2.4B
Retained Earnings(1.1B)(1.3B)(1.3B)(1.2B)(1.3B)(1.2B)
Non Current Assets Total11.2B11.2B11.2B11.2B11.4B12.0B
Non Currrent Assets Other11.1B11.1B11.1B11.1B179.9M170.9M
Common Stock Shares Outstanding118.2M114.5M115.0M115.6M116.6M122.5M
Liabilities And Stockholders Equity11.2B11.2B11.3B11.2B11.5B12.1B
Non Current Liabilities Total4.5B4.6B4.5B4.4B4.1B2.3B
Other Stockholder Equity7.2B7.2B7.3B7.2B7.4B7.8B
Total Liab4.9B5.1B5.1B5.0B5.2B2.6B
Other Current Liab402.3M221.3M459.6M428.7M(86.9M)(82.5M)
Total Current Liabilities472.3M528.3M584.4M615.8M1.1B1.1B
Accounts Payable(42M)86.2M584.4M102.0M94.5M68.2M
Cash20.5M25.2M54.3M38.7M41.3M26.8M
Other Assets101.2M253.1M11.2B11.2B11.4B12.0B
Cash And Short Term Investments20.5M25.2M54.3M38.7M41.3M26.9M
Common Stock Total Equity1.1M1.1M1.2M1.2M1.3M1.4M
Total Current Assets70.5M35.6M130.6M61.1M87.0M49.4M
Accumulated Other Comprehensive Income(13.2M)(12.1M)(11.1M)(10.1M)(8.8M)(9.2M)
Common Stock1.1M1.1M1.2M21.8M20.3M21.4M
Other Liab14.1M15.4M30.2M20.7M18.6M17.7M
Long Term Debt4.5B4.6B4.5B4.4B4.5B2.5B
Short Term Investments17.4M100K42.8M(65.1M)(74.9M)(71.1M)
Intangible Assets3.9M2.6M1.3M900K1.0M983.3K
Other Current Assets(70.5M)(35.6M)(130.6M)22.4M45.7M43.4M
Inventory34.5M61.0M24.0M64.3M74.0M77.7M
Short Term Debt70M172M124.8M20M894.7M939.4M
Net Tangible Assets6.1B5.9B6.0B6.0B6.9B4.4B
Warrants14.1M15.4M30.2M20.7M23.8M14.9M
Noncontrolling Interest In Consolidated Entity220.9M216.8M188.7M184.7M212.4M174.8M
Retained Earnings Total Equity(1.1B)(1.3B)(1.3B)(1.2B)(1.1B)(1.0B)
Long Term Debt Total4.5B4.6B4.5B4.4B5.1B3.4B
Capital Surpluse7.2B7.2B7.2B7.2B8.3B6.2B

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Mid America Apartment offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mid America'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 Mid America Apartment Communities Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mid America Apartment Communities Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mid America Apartment Communities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Multi-Family Residential REITs 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 Mid America. If investors know Mid 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 Mid America 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
0.039
Dividend Share
5.81
Earnings Share
4.44
Revenue Per Share
18.705
Quarterly Revenue Growth
0.017
The market value of Mid America Apartment is measured differently than its book value, which is the value of Mid that is recorded on the company's balance sheet. Investors also form their own opinion of Mid America's value that differs from its market value or its book value, called intrinsic value, which is Mid America'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 Mid America's market value can be influenced by many factors that don't directly affect Mid America'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 Mid America's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mid America is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mid America'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.