Maximus Stock Cash And Equivalents
| MMS Stock | USD 86.63 0.50 0.57% |
Maximus fundamentals help investors to digest information that contributes to Maximus' financial success or failures. It also enables traders to predict the movement of Maximus Stock. The fundamental analysis module provides a way to measure Maximus' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Maximus stock.
| Last Reported | Projected for Next Year | ||
| Cash And Equivalents | 36.6 M | 34.8 M |
Maximus | Cash And Equivalents |
Maximus Company Cash And Equivalents Analysis
Maximus' Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Current Maximus Cash And Equivalents | 40.66 M |
Most of Maximus' fundamental indicators, such as Cash And Equivalents, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Maximus is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Maximus Cash And Equivalents Driver Correlations
Understanding the fundamental principles of building solid financial models for Maximus is extremely important. It helps to project a fair market value of Maximus Stock properly, considering its historical fundamentals such as Cash And Equivalents. Since Maximus' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Maximus' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Maximus' interrelated accounts and indicators.
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Maximus Cash And Equivalents Historical Pattern
Today, most investors in Maximus Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Maximus' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's cash and equivalents growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Maximus cash and equivalents as a starting point in their analysis.
Maximus Cash And Equivalents |
| Timeline |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
| Competition |
In accordance with the recently published financial statements, Maximus has 40.66 M in Cash And Equivalents. This is 89.65% lower than that of the IT Services sector and significantly higher than that of the Information Technology industry. The cash and equivalents for all United States stocks is 98.5% higher than that of the company.
Maximus Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Maximus' direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Maximus could also be used in its relative valuation, which is a method of valuing Maximus by comparing valuation metrics of similar companies.Maximus is currently under evaluation in cash and equivalents category among related companies.
Maximus ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Maximus' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Maximus' managers, analysts, and investors.Environmental | Governance | Social |
Maximus Fundamentals
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0619 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.09 % | ||||
| Current Valuation | 6.56 B | ||||
| Shares Outstanding | 60.8 M | ||||
| Shares Owned By Insiders | 0.99 % | ||||
| Shares Owned By Institutions | 99.06 % | ||||
| Number Of Shares Shorted | 501.58 K | ||||
| Price To Earning | 19.50 X | ||||
| Price To Book | 2.84 X | ||||
| Price To Sales | 0.98 X | ||||
| Revenue | 4.9 B | ||||
| Gross Profit | 1.03 B | ||||
| EBITDA | 443.75 M | ||||
| Net Income | 161.79 M | ||||
| Cash And Equivalents | 40.66 M | ||||
| Cash Per Share | 1.91 X | ||||
| Total Debt | 1.43 B | ||||
| Debt To Equity | 1.08 % | ||||
| Current Ratio | 1.47 X | ||||
| Book Value Per Share | 29.31 X | ||||
| Cash Flow From Operations | 314.34 M | ||||
| Short Ratio | 2.14 X | ||||
| Earnings Per Share | 3.81 X | ||||
| Price To Earnings To Growth | 2.07 X | ||||
| Target Price | 110.0 | ||||
| Number Of Employees | 39.6 K | ||||
| Beta | 0.72 | ||||
| Market Capitalization | 5.27 B | ||||
| Total Asset | 3.99 B | ||||
| Retained Earnings | 1.12 B | ||||
| Working Capital | 332.45 M | ||||
| Current Asset | 620.98 M | ||||
| Current Liabilities | 340.76 M | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 1.12 % | ||||
| Net Asset | 3.99 B | ||||
| Last Dividend Paid | 1.18 |
About Maximus Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Maximus's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Maximus using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Maximus based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Maximus
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 Maximus 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 Maximus will appreciate offsetting losses from the drop in the long position's value.Moving against Maximus Stock
| 0.64 | QBCRF | Quebecor | PairCorr |
| 0.53 | SST | System1 | PairCorr |
| 0.45 | SMXWW | SMX Public Limited | PairCorr |
The ability to find closely correlated positions to Maximus could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Maximus 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 Maximus - 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 Maximus to buy it.
The correlation of Maximus 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 Maximus moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Maximus 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 Maximus 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 Maximus Piotroski F Score and Maximus Altman Z Score analysis. For more information on how to buy Maximus Stock please use our How to Invest in Maximus guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for Maximus Stock analysis
When running Maximus' price analysis, check to measure Maximus' 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 Maximus is operating at the current time. Most of Maximus' value examination focuses on studying past and present price action to predict the probability of Maximus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Maximus' price. Additionally, you may evaluate how the addition of Maximus to your portfolios can decrease your overall portfolio volatility.
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Is Maximus' industry 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 Maximus. If investors know Maximus 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 Maximus 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 1.519 | Dividend Share 1.18 | Earnings Share 3.81 | Revenue Per Share 83.684 | Quarterly Revenue Growth 0.117 |
The market value of Maximus is measured differently than its book value, which is the value of Maximus that is recorded on the company's balance sheet. Investors also form their own opinion of Maximus' value that differs from its market value or its book value, called intrinsic value, which is Maximus' 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 Maximus' market value can be influenced by many factors that don't directly affect Maximus' 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 Maximus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Maximus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Maximus' 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.