MFS Historical Income Statement

CXE Stock  USD 3.80  0.02  0.53%   
Historical analysis of MFS High income statement accounts such as Selling General Administrative of 402.1 K, Total Revenue of 2.1 M or Gross Profit of 2.1 M can show how well MFS High Income performed in making a profits. Evaluating MFS High income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of MFS High's future profits or losses.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining MFS High 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 High Income is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in MFS High 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 interest.

About MFS Income Statement Analysis

MFS High 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 High 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 High Income Statement Chart

At present, MFS High's Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's Income Tax Expense is expected to grow to about 5.9 M, whereas Gross Profit is forecasted to decline to about 2.1 M.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of MFS High Income. It is also known as MFS High 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.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most accounts from MFS High's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into MFS High 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in MFS High 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 interest.
At present, MFS High's Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's Income Tax Expense is expected to grow to about 5.9 M, whereas Gross Profit is forecasted to decline to about 2.1 M.
 2021 2022 2023 2024 (projected)
Research Development5.820.450.520.49
Net Interest Income7.6M6.3M5.7M7.5M

MFS High income statement Correlations

-0.62-0.27-0.29-0.26-0.46-0.190.33-0.57-0.43-0.59-0.460.59-0.76-0.36-0.25-0.480.01-0.46-0.46
-0.620.220.250.180.560.22-0.750.980.580.920.56-0.620.690.590.20.43-0.190.170.17
-0.270.221.00.990.90.940.120.20.850.020.9-0.560.310.530.830.59-0.810.160.16
-0.290.251.01.00.920.950.10.230.880.060.92-0.540.310.490.860.57-0.820.150.15
-0.260.180.991.00.90.950.170.150.85-0.010.9-0.520.250.440.860.57-0.810.150.15
-0.460.560.90.920.90.92-0.150.540.990.421.0-0.640.460.540.870.6-0.810.180.18
-0.190.220.940.950.950.920.190.240.920.130.92-0.480.150.390.950.57-0.90.140.14
0.33-0.750.120.10.17-0.150.19-0.7-0.16-0.65-0.150.28-0.69-0.380.20.15-0.140.20.2
-0.570.980.20.230.150.540.24-0.70.580.950.54-0.650.650.640.20.49-0.210.220.22
-0.430.580.850.880.850.990.92-0.160.580.490.99-0.610.430.510.890.59-0.820.160.16
-0.590.920.020.06-0.010.420.13-0.650.950.490.42-0.50.580.430.170.37-0.110.230.23
-0.460.560.90.920.91.00.92-0.150.540.990.42-0.640.460.540.870.6-0.810.180.18
0.59-0.62-0.56-0.54-0.52-0.64-0.480.28-0.65-0.61-0.5-0.64-0.67-0.8-0.37-0.830.35-0.3-0.3
-0.760.690.310.310.250.460.15-0.690.650.430.580.46-0.670.650.130.31-0.090.090.09
-0.360.590.530.490.440.540.39-0.380.640.510.430.54-0.80.650.160.71-0.310.320.32
-0.250.20.830.860.860.870.950.20.20.890.170.87-0.370.130.160.43-0.870.070.07
-0.480.430.590.570.570.60.570.150.490.590.370.6-0.830.310.710.43-0.410.530.53
0.01-0.19-0.81-0.82-0.81-0.81-0.9-0.14-0.21-0.82-0.11-0.810.35-0.09-0.31-0.87-0.410.030.03
-0.460.170.160.150.150.180.140.20.220.160.230.18-0.30.090.320.070.530.031.0
-0.460.170.160.150.150.180.140.20.220.160.230.18-0.30.090.320.070.530.031.0
Click cells to compare fundamentals

MFS High Account Relationship Matchups

MFS High income statement Accounts

201920202021202220232024 (projected)
Interest Expense1.8M1.1M1.9M3.8M4.3M4.5M
Selling General Administrative353.6K289.4K324.8K287.1K258.4K402.1K
Total Revenue862.2K12.7M(34.2M)2.5M2.2M2.1M
Gross Profit862.2K12.7M(34.2M)2.5M2.2M2.1M
Operating Income799.4K12.6M(32.3M)2.5M2.2M2.1M
Net Income From Continuing Ops799.4K12.6M(34.3M)2.5M2.2M1.3M
Ebit799.4K12.6M(32.3M)2.5M2.2M2.1M
Cost Of Revenue3.8M3.2M1.6M1.4M1.6M1.5M
Total Operating Expenses62.7K53.7K52.8K1.0K936.0889.2
Income Before Tax799.4K12.6M(34.3M)2.5M2.2M2.1M
Total Other Income Expense Net(1.8M)(1.1M)(1.9M)(3.8M)(4.3M)(4.5M)
Net Income Applicable To Common Shares16.2M799.4K12.6M(34.3M)(30.8M)(29.3M)
Net Income799.4K12.6M(34.3M)2.5M2.2M1.3M
Income Tax Expense799.4K1.8K7.8M4.9M5.6M5.9M
Interest Income11.3M10.4M9.6M10.1M11.6M8.0M
Depreciation And Amortization(9.3M)(8.4M)(7.8M)(8.6M)(7.8M)(8.2M)
Other Operating Expenses62.7K53.7K52.8K1.0K936.0889.2
Ebitda799.4K12.6M(32.3M)2.5M2.2M2.5M
Net Interest Income9.5M9.3M7.6M6.3M5.7M7.5M

Also Currently Popular

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 MFS High Income is a strong investment it is important to analyze MFS High'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 High's future performance. For an informed investment choice regarding MFS Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in MFS High 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 interest.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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 High. 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 High 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
1.694
Dividend Share
0.161
Earnings Share
0.18
Revenue Per Share
0.32
Quarterly Revenue Growth
(0.03)
The market value of MFS High 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 High's value that differs from its market value or its book value, called intrinsic value, which is MFS High'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 High's market value can be influenced by many factors that don't directly affect MFS High'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 High's value and its price as these two are different measures arrived at by different means. Investors typically determine if MFS High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MFS High'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.