Midland Free Cash Flow Yield vs Income Quality Analysis

MSBIP Stock

USD 25.40 0.28 1.11%

Midland States financial indicator trend analysis is infinitely more than just investigating Midland States Bancorp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Midland States Bancorp is a good investment. Please check the relationship between Midland States Free Cash Flow Yield and its Income Quality accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Midland States Bancorp. 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.

Free Cash Flow Yield vs Income Quality

Free Cash Flow Yield vs Income Quality Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Midland States Bancorp Free Cash Flow Yield account and Income Quality. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Midland States' Free Cash Flow Yield and Income Quality is 0.91. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Income Quality in the same time period over historical financial statements of Midland States Bancorp, assuming nothing else is changed. The correlation between historical values of Midland States' Free Cash Flow Yield and Income Quality is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Midland States Bancorp are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Free Cash Flow Yield i.e., Midland States' Free Cash Flow Yield and Income Quality go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Most indicators from Midland States' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Midland States Bancorp 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 Midland States Bancorp. 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, Midland States' Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 11/27/2024, Enterprise Value Over EBITDA is likely to grow to 11.43, while Issuance Of Capital Stock is likely to drop 0.00.

	2021	2022	2023	2024 (projected)
Gross Profit	285.1M	322.3M	66.6M	63.3M
Total Revenue	285.1M	322.3M	66.6M	63.3M

Gross Profit Total Revenue

Midland States fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Short Term Investments	Inventory
Total Assets		0.84	-0.58	0.32	0.99	0.75	0.62	0.79	0.3	0.56	0.42	-0.38	0.94	0.69	0.68	0.97	0.87	0.52	0.95	0.53	0.66	0.57	0.39	-0.09	0.95	-0.13
Short Long Term Debt Total	0.84		-0.31	0.2	0.86	0.72	0.84	0.55	0.55	0.45	0.37	-0.22	0.75	0.62	0.68	0.89	0.84	0.35	0.91	0.43	0.63	0.38	0.52	0.0	0.78	0.09
Other Current Liab	-0.58	-0.31		-0.69	-0.52	-0.11	-0.37	-0.82	-0.24	-0.17	-0.33	0.45	-0.61	-0.05	-0.34	-0.47	-0.43	-0.61	-0.37	-0.42	-0.05	-0.58	0.23	-0.15	-0.67	-0.15
Total Current Liabilities	0.32	0.2	-0.69		0.33	0.16	0.44	0.76	-0.07	-0.08	0.24	-0.58	0.42	-0.35	0.4	0.29	0.24	0.74	0.21	0.64	-0.35	0.45	-0.04	-0.02	0.44	0.65
Total Stockholder Equity	0.99	0.86	-0.52	0.33		0.79	0.67	0.78	0.24	0.51	0.42	-0.37	0.94	0.66	0.68	0.98	0.88	0.53	0.97	0.6	0.63	0.58	0.43	-0.09	0.94	-0.06
Property Plant And Equipment Net	0.75	0.72	-0.11	0.16	0.79		0.52	0.51	0.17	0.51	0.42	-0.19	0.64	0.62	0.66	0.81	0.72	0.27	0.84	0.53	0.63	0.32	0.77	-0.49	0.63	0.06
Net Debt	0.62	0.84	-0.37	0.44	0.67	0.52		0.59	0.44	-0.03	0.24	-0.34	0.67	0.17	0.4	0.68	0.68	0.61	0.68	0.67	0.16	0.44	0.35	0.06	0.57	0.43
Retained Earnings	0.79	0.55	-0.82	0.76	0.78	0.51	0.59		0.05	0.28	0.32	-0.58	0.84	0.22	0.49	0.72	0.64	0.84	0.67	0.76	0.18	0.62	0.12	-0.09	0.83	0.17
Accounts Payable	0.3	0.55	-0.24	-0.07	0.24	0.17	0.44	0.05		0.22	0.21	0.09	0.21	0.29	0.39	0.29	0.29	-0.1	0.29	-0.26	0.36	-0.03	0.16	0.01	0.22	0.03
Cash	0.56	0.45	-0.17	-0.08	0.51	0.51	-0.03	0.28	0.22		0.39	0.02	0.3	0.85	0.65	0.56	0.54	-0.16	0.59	-0.15	0.87	0.07	0.47	-0.07	0.57	-0.43
Non Current Assets Total	0.42	0.37	-0.33	0.24	0.42	0.42	0.24	0.32	0.21	0.39		0.4	0.29	0.28	0.6	0.46	0.59	0.04	0.4	0.08	0.35	0.16	0.17	-0.09	0.5	0.17
Non Currrent Assets Other	-0.38	-0.22	0.45	-0.58	-0.37	-0.19	-0.34	-0.58	0.09	0.02	0.4		-0.45	0.04	-0.14	-0.34	-0.21	-0.58	-0.33	-0.59	0.08	-0.54	-0.22	-0.14	-0.34	-0.24
Other Assets	0.94	0.75	-0.61	0.42	0.94	0.64	0.67	0.84	0.21	0.3	0.29	-0.45		0.47	0.54	0.88	0.75	0.72	0.85	0.66	0.42	0.6	0.21	-0.13	0.89	-0.07
Cash And Short Term Investments	0.69	0.62	-0.05	-0.35	0.66	0.62	0.17	0.22	0.29	0.85	0.28	0.04	0.47		0.47	0.7	0.68	-0.13	0.75	-0.04	0.99	0.14	0.54	-0.05	0.61	-0.59
Net Receivables	0.68	0.68	-0.34	0.4	0.68	0.66	0.4	0.49	0.39	0.65	0.6	-0.14	0.54	0.47		0.72	0.61	0.14	0.69	0.16	0.53	0.31	0.49	-0.21	0.71	0.23
Good Will	0.97	0.89	-0.47	0.29	0.98	0.81	0.68	0.72	0.29	0.56	0.46	-0.34	0.88	0.7	0.72		0.91	0.42	0.98	0.55	0.69	0.55	0.51	-0.04	0.93	-0.02
Common Stock Shares Outstanding	0.87	0.84	-0.43	0.24	0.88	0.72	0.68	0.64	0.29	0.54	0.59	-0.21	0.75	0.68	0.61	0.91		0.38	0.92	0.5	0.68	0.54	0.54	0.16	0.83	-0.02
Non Current Liabilities Total	0.52	0.35	-0.61	0.74	0.53	0.27	0.61	0.84	-0.1	-0.16	0.04	-0.58	0.72	-0.13	0.14	0.42	0.38		0.4	0.82	-0.21	0.51	-0.05	-0.09	0.51	0.24
Other Stockholder Equity	0.95	0.91	-0.37	0.21	0.97	0.84	0.68	0.67	0.29	0.59	0.4	-0.33	0.85	0.75	0.69	0.98	0.92	0.4		0.53	0.74	0.52	0.6	-0.06	0.88	-0.07
Total Liab	0.53	0.43	-0.42	0.64	0.6	0.53	0.67	0.76	-0.26	-0.15	0.08	-0.59	0.66	-0.04	0.16	0.55	0.5	0.82	0.53		-0.09	0.59	0.25	-0.1	0.51	0.39
Total Current Assets	0.66	0.63	-0.05	-0.35	0.63	0.63	0.16	0.18	0.36	0.87	0.35	0.08	0.42	0.99	0.53	0.69	0.68	-0.21	0.74	-0.09		0.13	0.56	-0.04	0.59	-0.52
Short Term Debt	0.57	0.38	-0.58	0.45	0.58	0.32	0.44	0.62	-0.03	0.07	0.16	-0.54	0.6	0.14	0.31	0.55	0.54	0.51	0.52	0.59	0.13		0.24	0.24	0.52	0.22
Intangible Assets	0.39	0.52	0.23	-0.04	0.43	0.77	0.35	0.12	0.16	0.47	0.17	-0.22	0.21	0.54	0.49	0.51	0.54	-0.05	0.6	0.25	0.56	0.24		-0.22	0.24	0.13
Common Stock	-0.09	0.0	-0.15	-0.02	-0.09	-0.49	0.06	-0.09	0.01	-0.07	-0.09	-0.14	-0.13	-0.05	-0.21	-0.04	0.16	-0.09	-0.06	-0.1	-0.04	0.24	-0.22		0.0	-0.02
Short Term Investments	0.95	0.78	-0.67	0.44	0.94	0.63	0.57	0.83	0.22	0.57	0.5	-0.34	0.89	0.61	0.71	0.93	0.83	0.51	0.88	0.51	0.59	0.52	0.24	0.0		-0.06
Inventory	-0.13	0.09	-0.15	0.65	-0.06	0.06	0.43	0.17	0.03	-0.43	0.17	-0.24	-0.07	-0.59	0.23	-0.02	-0.02	0.24	-0.07	0.39	-0.52	0.22	0.13	-0.02	-0.06

Click cells to compare fundamentals

Midland States Account Relationship Matchups

Midland States fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.1B	6.9B	7.4B	7.9B	7.9B	4.8B
Short Long Term Debt Total	685.2M	960.8M	459.8M	559.8M	604.4M	457.7M
Other Current Liab	(4.9M)	(6.4M)	(170.7M)	(222.5M)	(295.3M)	(280.6M)
Total Current Liabilities	6.4M	69.0M	76.8M	42.3M	3.4B	3.6B
Total Stockholder Equity	661.9M	621.4M	663.8M	758.6M	791.9M	454.9M
Property Plant And Equipment Net	105.3M	83.3M	79.2M	78.3M	82.8M	75.2M
Net Debt	292.5M	623.7M	(213.5M)	416.7M	470.2M	493.7M
Retained Earnings	165.9M	156.3M	212.5M	282.4M	322.4M	338.5M
Accounts Payable	6.4M	5.1B	93.9M	80.2M	110.5M	104.9M
Cash	392.7M	337.1M	673.3M	143.0M	134.2M	236.4M
Non Current Assets Total	1.1B	1.1B	1.2B	261.1M	1.2B	773.6M
Non Currrent Assets Other	(40.3M)	(42.4M)	(36.5M)	(846.8M)	(1.2B)	(1.2B)
Other Assets	3.6B	4.4B	4.2B	6.7B	6.5B	3.5B
Cash And Short Term Investments	1.0B	1.0B	1.6B	911.3M	135.1M	128.3M
Net Receivables	355.3M	433.6M	442.8M	20.3M	498.3M	254.1M
Good Will	98.6M	164.7M	171.8M	161.9M	186.2M	98.7M
Common Stock Shares Outstanding	24.5M	23.3M	22.5M	22.4M	22.1M	19.8M
Liabilities And Stockholders Equity	6.1B	6.9B	7.4B	7.9B	7.9B	5.0B
Non Current Liabilities Total	696.4M	960.8M	459.8M	7.1B	7.0B	7.4B
Other Stockholder Equity	488.3M	453.4M	445.9M	449.2M	435.5M	281.0M
Total Liab	5.4B	960.8M	459.8M	7.1B	7.1B	7.4B
Total Current Assets	1.4B	1.4B	2.0B	931.6M	135.1M	128.3M
Accumulated Other Comprehensive Income	7.4M	11.4M	5.2M	(83.8M)	(76.8M)	(72.9M)
Short Term Debt	82.0M	69.0M	76.8M	142.3M	184.9M	104.8M
Intangible Assets	88.7M	67.7M	53.2M	22.1M	36.4M	53.8M
Common Stock	244K	223K	221K	222K	216K	176.9K
Short Term Investments	649.4M	676.7M	906.6M	768.2M	915.9M	634.0M
Inventory	(428.0M)	(389.6M)	(714.2M)	(669.1M)	(160.0M)	(168.0M)
Other Current Assets	428.0M	389.6M	714.2M	177.4M	169.1M	160.7M
Net Tangible Assets	455.3M	431.1M	477.6M	465.3M	535.0M	491.2M
Long Term Debt	669.8M	948.8M	449.1M	559.8M	419.5M	504.2M
Net Invested Capital	1.3B	1.6B	1.1B	1.2B	1.3B	1.0B
Long Term Investments	699.6M	742.7M	952.5M	823.1M	963.8M	895.6M
Capital Stock	244K	223K	221K	110.8M	110.8M	116.3M
Property Plant Equipment	105.3M	83.3M	79.2M	78.3M	70.5M	70.5M

Pair Trading with Midland States

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 Midland States 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 Midland States will appreciate offsetting losses from the drop in the long position's value.

Moving against Midland Stock

0.33

Woori Financial Group

Pair Corr

The ability to find closely correlated positions to Midland States could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Midland States 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 Midland States - 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 Midland States Bancorp to buy it.

The correlation of Midland States 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 Midland States moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Midland States Bancorp 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 Midland States 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.

Pair Correlation Correlation Matching

Additional Tools for Midland Stock Analysis

When running Midland States' price analysis, check to measure Midland States' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Midland States is operating at the current time. Most of Midland States' value examination focuses on studying past and present price action to predict the probability of Midland States' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Midland States' price. Additionally, you may evaluate how the addition of Midland States to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC