MFS Historical Income Statement

MFM Stock  USD 5.52  0.01  0.18%   
Historical analysis of MFS Municipal income statement accounts such as Gross Profit of 1.1 M can show how well MFS Municipal Income performed in making a profits. Evaluating MFS Municipal income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of MFS Municipal's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining MFS Municipal Income latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether MFS Municipal Income is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MFS Municipal Income. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

About MFS Income Statement Analysis

MFS Municipal Income Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to MFS Municipal shareholders. The income statement also shows MFS investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

MFS Municipal Income Statement Chart

At this time, MFS Municipal's Interest Expense is very stable compared to the past year. As of the 22nd of November 2024, Selling General Administrative is likely to grow to about 512.3 K, while Gross Profit is likely to drop about 1.1 M.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in MFS Municipal Income financial statement analysis. It represents the amount of money remaining after all of MFS Municipal Income operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of MFS Municipal Income. It is also known as MFS Municipal overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from MFS Municipal's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into MFS Municipal Income current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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 MFS Municipal Income. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
At this time, MFS Municipal's Interest Expense is very stable compared to the past year. As of the 22nd of November 2024, Selling General Administrative is likely to grow to about 512.3 K, while Gross Profit is likely to drop about 1.1 M.
 2021 2022 2023 2024 (projected)
Research Development5.880.190.220.21
Net Interest Income13.2M11.6M10.5M12.6M

MFS Municipal income statement Correlations

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-0.590.260.290.240.560.21-0.840.980.560.880.56-0.610.520.560.220.41-0.010.16
-0.220.261.01.00.940.990.030.240.930.210.94-0.520.370.490.940.55-0.670.13
-0.220.291.01.00.950.980.010.270.940.220.95-0.490.340.450.930.53-0.690.12
-0.20.241.01.00.930.990.060.220.930.180.93-0.470.310.430.940.51-0.690.12
-0.330.560.940.950.930.93-0.250.551.00.511.0-0.620.470.590.890.6-0.60.16
-0.110.210.990.980.990.930.080.210.930.220.93-0.450.340.450.960.53-0.690.12
0.43-0.840.030.010.06-0.250.08-0.82-0.25-0.78-0.250.43-0.58-0.48-0.02-0.02-0.12-0.06
-0.580.980.240.270.220.550.21-0.820.560.940.55-0.620.550.590.230.440.030.22
-0.330.560.930.940.931.00.93-0.250.560.521.0-0.610.470.580.890.59-0.60.16
-0.420.880.210.220.180.510.22-0.780.940.520.51-0.550.620.610.30.380.040.21
-0.330.560.940.950.931.00.93-0.250.551.00.51-0.620.470.590.890.6-0.60.16
0.65-0.61-0.52-0.49-0.47-0.62-0.450.43-0.62-0.61-0.55-0.62-0.8-0.9-0.4-0.82-0.03-0.3
-0.40.520.370.340.310.470.34-0.580.550.470.620.47-0.80.930.440.490.030.18
-0.490.560.490.450.430.590.45-0.480.590.580.610.59-0.90.930.470.720.010.32
-0.060.220.940.930.940.890.96-0.020.230.890.30.89-0.40.440.470.39-0.660.06
-0.580.410.550.530.510.60.53-0.020.440.590.380.6-0.820.490.720.390.040.55
-0.26-0.01-0.67-0.69-0.69-0.6-0.69-0.120.03-0.60.04-0.6-0.030.030.01-0.660.040.31
-0.540.160.130.120.120.160.12-0.060.220.160.210.16-0.30.180.320.060.550.31
Click cells to compare fundamentals

MFS Municipal Account Relationship Matchups

MFS Municipal income statement Accounts

201920202021202220232024 (projected)
Interest Expense2.2M1.3M2.1M4.8M5.5M5.8M
Selling General Administrative393.0K361.4K360.6K372.3K335.0K512.3K
Total Revenue(1.3M)24.6M(67.9M)1.3M1.2M1.1M
Gross Profit(1.3M)24.6M(67.9M)1.3M1.2M1.1M
Operating Income(1.6M)24.1M(66.2M)1.2M1.0M993.9K
Net Income From Continuing Ops(1.6M)24.1M(68.3M)1.2M1.0M993.9K
Ebit(1.6M)24.1M(66.2M)1.2M1.0M993.9K
Cost Of Revenue5.1M4.3M2.6M2.4M2.7M4.5M
Total Operating Expenses288.9K401.8K351.7K138.6K124.8K118.5K
Income Before Tax(1.6M)24.1M(68.3M)1.2M1.0M993.9K
Total Other Income Expense Net(2.2M)(1.3M)(2.1M)(4.8M)(5.5M)(5.8M)
Net Income Applicable To Common Shares29.4M(1.6M)24.1M(68.3M)(61.4M)(58.4M)
Net Income(1.6M)24.1M(68.3M)1.2M1.0M993.9K
Income Tax Expense12.4M11.8M12.4M9.3M10.7M11.2M
Interest Income17.6M12.3M15.2M16.4M18.9M12.6M
Depreciation And Amortization(14.6M)(13.2M)(12.4M)(14.1M)(12.7M)(13.3M)
Other Operating Expenses288.9K401.8K351.7K138.6K124.8K118.5K
Ebitda(1.6M)24.1M(66.2M)1.2M1.0M1.1M
Net Interest Income15.4M14.9M13.2M11.6M10.5M12.6M
Research Development0.11.365.880.190.220.21

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When determining whether MFS Municipal Income is a strong investment it is important to analyze MFS Municipal's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MFS Municipal's future performance. For an informed investment choice regarding MFS Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MFS Municipal Income. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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 Municipal. 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 Municipal 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
0.228
Dividend Share
0.22
Earnings Share
0.17
Revenue Per Share
0.415
Quarterly Revenue Growth
0.053
The market value of MFS Municipal 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 Municipal's value that differs from its market value or its book value, called intrinsic value, which is MFS Municipal'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 Municipal's market value can be influenced by many factors that don't directly affect MFS Municipal'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 Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if MFS Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MFS Municipal'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.