MFS Historical Income Statement
MIN Stock | USD 2.69 0.02 0.75% |
Historical analysis of MFS Intermediate income statement accounts such as Gross Profit of 13.7 M can show how well MFS Intermediate Income performed in making a profits. Evaluating MFS Intermediate income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of MFS Intermediate's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining MFS Intermediate 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 Intermediate Income is a good buy for the upcoming year.
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About MFS Income Statement Analysis
MFS Intermediate 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 Intermediate 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 Intermediate Income Statement Chart
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Gross Profit
Gross profit is a required income statement account that reflects total revenue of MFS Intermediate Income minus its cost of goods sold. It is profit before MFS Intermediate operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of MFS Intermediate Income. It is also known as MFS Intermediate 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 Intermediate's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into MFS Intermediate 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 Intermediate 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 gross domestic product. At this time, MFS Intermediate's Total Operating Expenses is very stable compared to the past year. As of the 25th of November 2024, Income Before Tax is likely to grow to about 10.5 M, while Selling General Administrative is likely to drop about 421 K.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 10.7M | 11.1M | 9.9M | 10.5M | Net Interest Income | 10.7M | 11.1M | 9.9M | 10.5M |
MFS Intermediate income statement Correlations
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MFS Intermediate Account Relationship Matchups
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High Negative Relationship
MFS Intermediate income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Selling General Administrative | 606.2K | 530.3K | 530.1K | 492.4K | 443.2K | 421.0K | |
Total Revenue | 29.1M | 2.8M | (43.3M) | 10.2M | 9.2M | 14.8M | |
Gross Profit | 29.1M | 2.8M | (43.3M) | 10.2M | 9.2M | 13.7M | |
Operating Income | 28.4M | 2.2M | (43.9M) | 9.6M | 8.7M | 12.7M | |
Net Income From Continuing Ops | 28.4M | 2.2M | (43.9M) | 9.6M | 8.7M | 9.5M | |
Ebit | 28.4M | 2.2M | (43.9M) | 9.6M | 8.7M | 10.5M | |
Cost Of Revenue | 2.7M | 2.5M | 2.2M | 2.1M | 1.9M | 1.9M | |
Total Operating Expenses | 688.7K | 612.5K | 608.7K | 571.3K | 514.1K | 821.6K | |
Income Before Tax | 28.4M | 2.2M | (43.9M) | 9.6M | 8.7M | 10.5M | |
Total Other Income Expense Net | 4.0 | 8.0 | 5.0 | (3.0) | (3.45) | (3.62) | |
Net Income | 28.4M | 2.2M | (43.9M) | 9.6M | 8.7M | 9.5M | |
Income Tax Expense | 10.8M | 9.2M | 8.3M | 9.2M | 10.6M | 11.1M | |
Net Interest Income | 13.8M | 11.9M | 10.7M | 11.1M | 9.9M | 10.5M | |
Interest Income | 13.8M | 11.9M | 10.7M | 11.1M | 9.9M | 10.5M | |
Depreciation And Amortization | (10.8M) | (9.2M) | (8.3M) | (9.2M) | (8.3M) | (8.7M) | |
Other Operating Expenses | 688.7K | 612.5K | 608.7K | 571.3K | 514.1K | 527.2K | |
Ebitda | 28.4M | 2.2M | (43.9M) | 9.6M | 8.7M | 9.1M | |
Research Development | 1.12 | 0.13 | 4.44 | 1.99 | 2.29 | 2.28 |
Pair Trading with MFS Intermediate
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MFS Intermediate position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MFS Intermediate will appreciate offsetting losses from the drop in the long position's value.Moving against MFS Stock
0.58 | DIST | Distoken Acquisition | PairCorr |
0.58 | PX | P10 Inc | PairCorr |
0.57 | BX | Blackstone Group Normal Trading | PairCorr |
0.57 | MS | Morgan Stanley Fiscal Year End 21st of January 2025 | PairCorr |
0.55 | GS | Goldman Sachs Group Fiscal Year End 21st of January 2025 | PairCorr |
The ability to find closely correlated positions to MFS Intermediate could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MFS Intermediate when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MFS Intermediate - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MFS Intermediate Income to buy it.
The correlation of MFS Intermediate is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MFS Intermediate moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MFS Intermediate Income moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for MFS Intermediate can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MFS Intermediate 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 gross domestic product. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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 Intermediate. 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 Intermediate 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 (0.31) | Dividend Share 0.247 | Earnings Share 0.02 | Revenue Per Share 0.107 | Quarterly Revenue Growth 0.113 |
The market value of MFS Intermediate 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 Intermediate's value that differs from its market value or its book value, called intrinsic value, which is MFS Intermediate'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 Intermediate's market value can be influenced by many factors that don't directly affect MFS Intermediate'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 Intermediate's value and its price as these two are different measures arrived at by different means. Investors typically determine if MFS Intermediate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MFS Intermediate'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.