MFS Net Debt vs Cash Analysis

MFM Stock

USD 5.54 0.01 0.18%

MFS Municipal financial indicator trend analysis is infinitely more than just investigating MFS Municipal Income recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MFS Municipal Income is a good investment. Please check the relationship between MFS Municipal Net Debt and its Cash accounts. 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.

Net Debt vs Cash

Net Debt vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MFS Municipal Income Net Debt account and Cash. At this time, the significance of the direction appears to have pay attention.

The correlation between MFS Municipal's Net Debt and Cash is -0.89. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash in the same time period over historical financial statements of MFS Municipal Income, assuming nothing else is changed. The correlation between historical values of MFS Municipal's Net Debt and Cash 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 MFS Municipal Income are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Debt i.e., MFS Municipal's Net Debt and Cash go up and down completely randomly.

Correlation Coefficient

-0.89

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

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.

Cash

Cash refers to the most liquid asset of MFS Municipal Income, which is listed under current asset account on MFS Municipal Income balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from MFS Municipal customers. The amounts must be unrestricted with restricted cash listed in a different MFS Municipal account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from MFS Municipal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 Selling General Administrative is very stable compared to the past year. As of the 22nd of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.19, while Enterprise Value Over EBITDA is likely to drop (34.55).

	2021	2022	2023	2024 (projected)
Research Development	5.88	0.19	0.22	0.21
Net Interest Income	13.2M	11.6M	10.5M	12.6M

Research Development Net Interest Income

MFS Municipal fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Total Liab	Long Term Investments	Other Liab	Long Term Debt	Common Stock Shares Outstanding	Total Current Liabilities	Other Current Assets	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Non Current Liabilities Total
Total Assets		0.94	0.77	0.82	0.86	-0.4	0.42	0.22	0.25	-0.5	1.0	0.41	-0.46	-0.72	-0.78	0.02	0.5	0.65	0.05	0.01	0.8	-0.57	0.97	-0.76	0.55	0.19
Other Current Liab	0.94		0.71	0.69	0.89	-0.43	0.39	0.37	0.11	-0.51	0.94	0.21	-0.25	-0.59	-0.77	0.02	0.33	0.53	-0.1	-0.11	0.7	-0.45	0.96	-0.86	0.44	0.34
Total Stockholder Equity	0.77	0.71		0.85	0.48	-0.6	0.25	0.49	-0.17	-0.67	0.76	0.61	-0.65	-0.47	-0.51	0.19	0.29	0.25	-0.3	0.15	0.57	-0.51	0.71	-0.66	0.49	-0.08
Net Tangible Assets	0.82	0.69	0.85		0.66	-0.47	0.17	0.08	0.36	-0.54	0.82	0.83	-0.86	-0.5	-0.49	0.09	0.53	0.39	0.11	0.05	0.54	-0.54	0.7	-0.63	0.52	0.06
Retained Earnings	0.86	0.89	0.48	0.66		-0.28	0.19	0.04	0.44	-0.51	0.87	0.22	-0.25	-0.57	-0.75	-0.3	0.29	0.57	0.21	-0.35	0.54	-0.27	0.88	-0.76	0.26	0.59
Accounts Payable	-0.4	-0.43	-0.6	-0.47	-0.28		-0.1	-0.46	0.22	0.47	-0.4	-0.32	0.37	0.35	0.49	-0.21	-0.04	-0.02	0.44	-0.01	-0.24	0.25	-0.38	0.34	-0.23	-0.14
Cash	0.42	0.39	0.25	0.17	0.19	-0.1		0.08	-0.09	0.16	0.42	-0.01	-0.06	-0.23	-0.23	0.37	0.69	0.23	0.05	0.41	0.55	-0.89	0.39	-0.34	0.89	-0.38
Other Assets	0.22	0.37	0.49	0.08	0.04	-0.46	0.08		-0.69	-0.26	0.23	-0.11	0.11	-0.25	-0.28	0.29	-0.3	-0.01	-0.94	-0.12	0.27	-0.02	0.31	-0.27	0.01	0.05
Net Receivables	0.25	0.11	-0.17	0.36	0.44	0.22	-0.09	-0.69		0.19	0.24	0.39	-0.4	-0.16	-0.11	-0.22	0.45	0.35	0.77	-0.19	0.06	-0.1	0.14	-0.07	0.1	0.24
Total Liab	-0.5	-0.51	-0.67	-0.54	-0.51	0.47	0.16	-0.26	0.19		-0.5	-0.33	0.33	0.41	0.52	0.43	0.2	-0.26	0.18	0.2	-0.32	0.01	-0.52	0.38	0.0	-0.46
Long Term Investments	1.0	0.94	0.76	0.82	0.87	-0.4	0.42	0.23	0.24	-0.5		0.4	-0.45	-0.72	-0.79	0.02	0.49	0.65	0.05	0.01	0.8	-0.57	0.98	-0.76	0.55	0.2
Other Liab	0.41	0.21	0.61	0.83	0.22	-0.32	-0.01	-0.11	0.39	-0.33	0.4		-0.98	-0.2	-0.12	0.19	0.49	0.22	0.18	0.22	0.29	-0.44	0.21	-0.19	0.44	-0.19
Long Term Debt	-0.46	-0.25	-0.65	-0.86	-0.25	0.37	-0.06	0.11	-0.4	0.33	-0.45	-0.98		0.29	0.16	-0.19	-0.55	-0.21	-0.17	-0.21	-0.31	0.51	-0.27	0.21	-0.5	0.19
Common Stock Shares Outstanding	-0.72	-0.59	-0.47	-0.5	-0.57	0.35	-0.23	-0.25	-0.16	0.41	-0.72	-0.2	0.29		0.8	0.12	-0.23	-0.79	0.12	0.03	-0.79	0.33	-0.74	0.17	-0.29	-0.27
Total Current Liabilities	-0.78	-0.77	-0.51	-0.49	-0.75	0.49	-0.23	-0.28	-0.11	0.52	-0.79	-0.12	0.16	0.8		0.26	-0.14	-0.73	0.07	0.09	-0.76	0.27	-0.84	0.44	-0.25	-0.38
Other Current Assets	0.02	0.02	0.19	0.09	-0.3	-0.21	0.37	0.29	-0.22	0.43	0.02	0.19	-0.19	0.12	0.26		0.36	-0.1	-0.3	0.63	0.17	-0.4	-0.06	-0.05	0.41	-0.66
Deferred Long Term Liab	0.5	0.33	0.29	0.53	0.29	-0.04	0.69	-0.3	0.45	0.2	0.49	0.49	-0.55	-0.23	-0.14	0.36		0.33	0.41	0.4	0.45	-0.85	0.34	-0.33	0.84	-0.38
Short Long Term Debt	0.65	0.53	0.25	0.39	0.57	-0.02	0.23	-0.01	0.35	-0.26	0.65	0.22	-0.21	-0.79	-0.73	-0.1	0.33		0.18	0.14	0.86	-0.28	0.65	-0.11	0.3	0.18
Total Current Assets	0.05	-0.1	-0.3	0.11	0.21	0.44	0.05	-0.94	0.77	0.18	0.05	0.18	-0.17	0.12	0.07	-0.3	0.41	0.18		0.11	-0.04	-0.12	-0.03	0.01	0.12	-0.04
Short Term Debt	0.01	-0.11	0.15	0.05	-0.35	-0.01	0.41	-0.12	-0.19	0.2	0.01	0.22	-0.21	0.03	0.09	0.63	0.4	0.14	0.11		0.33	-0.44	-0.07	0.16	0.46	-0.79
Common Stock	0.8	0.7	0.57	0.54	0.54	-0.24	0.55	0.27	0.06	-0.32	0.8	0.29	-0.31	-0.79	-0.76	0.17	0.45	0.86	-0.04	0.33		-0.6	0.79	-0.34	0.61	-0.08
Net Debt	-0.57	-0.45	-0.51	-0.54	-0.27	0.25	-0.89	-0.02	-0.1	0.01	-0.57	-0.44	0.51	0.33	0.27	-0.4	-0.85	-0.28	-0.12	-0.44	-0.6		-0.45	0.39	-1.0	0.42
Non Current Assets Total	0.97	0.96	0.71	0.7	0.88	-0.38	0.39	0.31	0.14	-0.52	0.98	0.21	-0.27	-0.74	-0.84	-0.06	0.34	0.65	-0.03	-0.07	0.79	-0.45		-0.76	0.43	0.29
Non Currrent Assets Other	-0.76	-0.86	-0.66	-0.63	-0.76	0.34	-0.34	-0.27	-0.07	0.38	-0.76	-0.19	0.21	0.17	0.44	-0.05	-0.33	-0.11	0.01	0.16	-0.34	0.39	-0.76		-0.38	-0.2
Cash And Short Term Investments	0.55	0.44	0.49	0.52	0.26	-0.23	0.89	0.01	0.1	0.0	0.55	0.44	-0.5	-0.29	-0.25	0.41	0.84	0.3	0.12	0.46	0.61	-1.0	0.43	-0.38		-0.43
Non Current Liabilities Total	0.19	0.34	-0.08	0.06	0.59	-0.14	-0.38	0.05	0.24	-0.46	0.2	-0.19	0.19	-0.27	-0.38	-0.66	-0.38	0.18	-0.04	-0.79	-0.08	0.42	0.29	-0.2	-0.43

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MFS Municipal Account Relationship Matchups

MFS Municipal fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	407.4M	423.2M	340.6M	336.6M	302.9M	329.4M
Other Current Liab	(1.4M)	(5.9M)	(115.9M)	(119.7M)	(107.7M)	(102.3M)
Total Stockholder Equity	292.0M	303.6M	224.5M	216.8M	195.1M	266.9M
Net Tangible Assets	306.7M	292.0M	303.6M	224.5M	202.1M	259.6M
Retained Earnings	11.6M	23.2M	(55.8M)	(63.5M)	(57.1M)	(54.3M)
Accounts Payable	1.4M	5.9M	2.2M	5.9M	5.3M	2.7M
Other Assets	6.7K	6.7K	6.7K	6.7K	6.0K	5.7K
Net Receivables	6.3M	8.1M	6.0M	5.7M	5.1M	5.5M
Total Liab	1.4M	5.9M	116.1M	119.8M	137.8M	144.6M
Long Term Investments	401.1M	415.2M	334.6M	330.8M	297.8M	323.0M
Other Liab	8.1K	5.3K	3.8K	2.5K	2.2K	2.1K
Total Current Liabilities	1.4M	5.9M	2.3M	119.7M	137.6M	144.5M
Other Current Assets	(558.8K)	(2.6M)	(947.7K)	18.7K	16.9K	17.7K
Total Current Assets	6.3M	8.1M	6.0M	5.7M	6.6M	5.7M
Short Term Debt	113.8M	254.0	113.7M	113.7M	102.4M	65.8M
Non Current Assets Total	401.1M	415.2M	334.6M	330.8M	297.8M	317.0M
Non Currrent Assets Other	(401.1M)	(415.2M)	(334.6M)	(330.8M)	(380.5M)	(399.5M)
Liabilities And Stockholders Equity	407.4M	423.2M	340.6M	336.6M	302.9M	322.9M
Non Current Liabilities Total	115.3M	119.6M	2.3M	1.8K	2.1K	2.0K
Current Deferred Revenue	(112.3M)	5.9M	(111.4M)	(107.8M)	(97.0M)	(101.9M)

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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:

How To Invest In MFS

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Is MFS Stock a good investment?

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What is MFS Municipal's Net Worth?

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Largest Asset Management & Custody Banks Companies

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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 Global Correlations module to find global opportunities by holding instruments from different markets.

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.

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MFS Net Debt vs Cash Analysis

Net Debt vs Cash

Net Debt vs Cash Correlation Analysis

Correlation Coefficient

Net Debt

Cash

MFS Municipal fundamental ratios Correlations

MFS Municipal Account Relationship Matchups

High Positive Relationship

High Negative Relationship

MFS Municipal fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Long Term Investments	+ 1.0	Total Assets
Non Current Assets Total	+ 0.98	Long Term Investments
Non Current Assets Total	+ 0.97	Total Assets
Non Current Assets Total	+ 0.96	Other Current Liab
Other Current Liab	+ 0.94	Total Assets
Long Term Investments	+ 0.94	Other Current Liab

Cash And Short Term Investments	- 1.0	Net Debt
Long Term Debt	- 0.98	Other Liab
Total Current Assets	- 0.94	Other Assets
Net Debt	- 0.89	Cash
Long Term Debt	- 0.86	Net Tangible Assets
Non Currrent Assets Other	- 0.86	Other Current Liab