MHO Accounts Payable vs Deferred Long Term Liab Analysis

MHO Stock  USD 127.56  4.33  3.51%   
MI Homes financial indicator trend analysis is infinitely more than just investigating MI Homes recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MI Homes is a good investment. Please check the relationship between MI Homes Accounts Payable and its Deferred Long Term Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MI Homes. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
To learn how to invest in MHO Stock, please use our How to Invest in MI Homes guide.

Accounts Payable vs Deferred Long Term Liab

Accounts Payable vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MI Homes Accounts Payable account and Deferred Long Term Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between MI Homes' Accounts Payable and Deferred Long Term Liab is 0.8. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of MI Homes, assuming nothing else is changed. The correlation between historical values of MI Homes' Accounts Payable and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of MI Homes are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Accounts Payable i.e., MI Homes' Accounts Payable and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Accounts Payable

An accounting item on the balance sheet that represents MI Homes obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of MI Homes are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from MI Homes' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MI Homes 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 MI Homes. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
To learn how to invest in MHO Stock, please use our How to Invest in MI Homes guide.At this time, MI Homes' Sales General And Administrative To Revenue is very stable compared to the past year. As of the 15th of May 2024, Enterprise Value is likely to grow to about 3.8 B, while Selling General Administrative is likely to drop about 131.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit908.9M1.0B1.0B1.1B
Total Revenue3.7B4.1B4.0B4.2B

MI Homes fundamental ratios Correlations

0.71-0.410.690.990.960.340.970.960.810.940.740.81-0.350.350.990.380.960.971.00.470.690.680.610.610.96
0.71-0.670.160.60.690.750.550.810.270.670.850.27-0.410.720.770.860.860.610.710.50.970.970.860.860.66
-0.41-0.670.04-0.3-0.55-0.62-0.27-0.60.0-0.37-0.830.00.11-0.39-0.46-0.54-0.56-0.41-0.41-0.65-0.73-0.79-0.36-0.36-0.46
0.690.160.040.770.7-0.260.80.560.860.580.190.860.28-0.240.64-0.240.510.780.70.490.050.080.120.130.71
0.990.6-0.30.770.940.191.00.910.880.930.660.88-0.30.240.960.230.890.980.980.420.570.550.520.530.95
0.960.69-0.550.70.940.30.930.960.780.880.80.78-0.210.230.950.320.920.980.960.60.680.70.50.510.98
0.340.75-0.62-0.260.190.30.130.5-0.240.330.64-0.24-0.360.720.440.870.580.190.340.330.780.770.590.590.25
0.970.55-0.270.81.00.930.130.890.90.920.630.9-0.270.190.940.170.860.980.970.410.530.50.460.470.94
0.960.81-0.60.560.910.960.50.890.670.90.850.67-0.340.440.970.510.980.930.960.560.810.820.620.630.96
0.810.270.00.860.880.78-0.240.90.670.750.311.0-0.18-0.070.74-0.090.640.870.810.230.220.220.290.30.82
0.940.67-0.370.580.930.880.330.920.90.750.730.75-0.480.470.930.380.890.90.930.30.670.650.620.630.9
0.740.85-0.830.190.660.80.640.630.850.310.730.31-0.340.510.790.60.830.70.740.590.90.880.590.590.73
0.810.270.00.860.880.78-0.240.90.671.00.750.31-0.18-0.070.74-0.090.640.870.810.230.220.220.290.30.82
-0.35-0.410.110.28-0.3-0.21-0.36-0.27-0.34-0.18-0.48-0.34-0.18-0.62-0.35-0.51-0.4-0.22-0.330.5-0.52-0.42-0.49-0.49-0.29
0.350.72-0.39-0.240.240.230.720.190.44-0.070.470.51-0.07-0.620.40.820.510.180.340.00.740.690.660.660.24
0.990.77-0.460.640.960.950.440.940.970.740.930.790.74-0.350.40.450.980.950.990.50.750.730.630.640.93
0.380.86-0.54-0.240.230.320.870.170.51-0.090.380.6-0.09-0.510.820.450.610.230.380.20.850.830.810.810.3
0.960.86-0.560.510.890.920.580.860.980.640.890.830.64-0.40.510.980.610.890.960.520.850.840.720.720.91
0.970.61-0.410.780.980.980.190.980.930.870.90.70.87-0.220.180.950.230.890.970.520.590.590.470.480.98
1.00.71-0.410.70.980.960.340.970.960.810.930.740.81-0.330.340.990.380.960.970.480.690.680.60.610.95
0.470.5-0.650.490.420.60.330.410.560.230.30.590.230.50.00.50.20.520.520.480.430.520.210.210.49
0.690.97-0.730.050.570.680.780.530.810.220.670.90.22-0.520.740.750.850.850.590.690.430.980.780.780.65
0.680.97-0.790.080.550.70.770.50.820.220.650.880.22-0.420.690.730.830.840.590.680.520.980.780.780.67
0.610.86-0.360.120.520.50.590.460.620.290.620.590.29-0.490.660.630.810.720.470.60.210.780.781.00.49
0.610.86-0.360.130.530.510.590.470.630.30.630.590.3-0.490.660.640.810.720.480.610.210.780.781.00.5
0.960.66-0.460.710.950.980.250.940.960.820.90.730.82-0.290.240.930.30.910.980.950.490.650.670.490.5
Click cells to compare fundamentals

MI Homes Account Relationship Matchups

MI Homes fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.1B2.6B3.2B3.7B4.0B4.2B
Short Long Term Debt Total773.2M924.4M1.0B999.5M936.5M474.9M
Other Current Liab(176.8M)(298.3M)(374.0M)(400.2M)26.9M28.2M
Total Current Liabilities125.0M185.7M244.5M228.6M482.5M506.7M
Total Stockholder Equity1.0B1.3B1.6B2.1B2.5B2.6B
Property Plant And Equipment Net40.5M78.9M88.6M97.9M91.3M95.8M
Net Debt767.1M663.5M777.1M688.0M203.7M383.9M
Retained Earnings708.6M948.5M1.3B1.8B2.3B2.4B
Accounts Payable125.0M185.7M244.5M228.6M204.7M214.9M
Cash6.1M260.8M236.4M311.5M732.8M769.4M
Non Current Assets Total174.8M231.3M275.4M332.2M338.3M355.2M
Non Currrent Assets Other70.3M95.2M103.0M148.4M67.7M56.8M
Cash And Short Term Investments6.1M260.8M236.4M311.5M732.8M769.4M
Net Receivables(654.0K)(1.7M)1.0(787K)(3.6M)(3.4M)
Common Stock Shares Outstanding28.5M29.2M29.9M28.5M28.7M23.8M
Liabilities And Stockholders Equity2.1B2.6B3.2B3.7B4.0B4.2B
Inventory1.8B1.9B2.5B2.8B2.8B2.9B
Other Stockholder Equity294.6M309.9M278.6M234.4M215.3M137.3M
Total Liab1.1B1.4B1.6B1.6B1.5B1.6B
Property Plant And Equipment Gross40.5M78.9M88.6M97.9M116.7M122.6M
Total Current Assets1.9B2.4B3.0B3.4B3.7B3.9B
Short Term Debt142.4M225.6M266.2M307.1M165.8M138.5M
Non Current Liabilities Total977.1M1.2B1.4B1.4B1.0B562.8M
Other Current Assets155.2M234.3M275.7M242.5M176.3M98.7M
Other Liab134.0M274.3M357.7M303.3M348.8M366.3M
Other Assets39.8M101.4M285.9M2.1B1.00.95
Long Term Debt142.7M229.7M962.0M938.2M859.6M902.6M
Short Term Investments654K1.7M57.1M51.6M3.6M3.4M
Treasury Stock(38.3M)(29.1M)(68.9M)(118.2M)(106.4M)(101.1M)
Property Plant Equipment22.1M26.6M88.6M97.9M112.5M118.2M
Current Deferred Revenue34.5M72.6M107.9M93.1M85.1M89.4M
Intangible Assets9.6M9.2M8.4M15.8M10.7M7.4M
Retained Earnings Total Equity708.6M948.5M1.3B1.8B2.1B2.2B
Deferred Long Term Liab5.7M10.1M8.2M5.7M6.6M5.1M

MI Homes Investors Sentiment

The influence of MI Homes' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in MHO. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to MI Homes' public news can be used to forecast risks associated with an investment in MHO. The trend in average sentiment can be used to explain how an investor holding MHO can time the market purely based on public headlines and social activities around MI Homes. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
MI Homes' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for MI Homes' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average MI Homes' news discussions. The higher the estimated score, the more favorable is the investor's outlook on MI Homes.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards MI Homes in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, MI Homes' short interest history, or implied volatility extrapolated from MI Homes options trading.

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

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether MI Homes offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MI Homes' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mi Homes Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mi Homes Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MI Homes. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
To learn how to invest in MHO Stock, please use our How to Invest in MI Homes guide.
Note that the MI Homes information on this page should be used as a complementary analysis to other MI Homes' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

Complementary Tools for MHO Stock analysis

When running MI Homes' price analysis, check to measure MI Homes' 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 MI Homes is operating at the current time. Most of MI Homes' value examination focuses on studying past and present price action to predict the probability of MI Homes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MI Homes' price. Additionally, you may evaluate how the addition of MI Homes to your portfolios can decrease your overall portfolio volatility.
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Fundamental Analysis
View fundamental data based on most recent published financial statements
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Stocks Directory
Find actively traded stocks across global markets
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Global Correlations
Find global opportunities by holding instruments from different markets
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Is MI Homes' 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 MI Homes. If investors know MHO 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 MI Homes 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
0.313
Earnings Share
17.35
Revenue Per Share
146.322
Quarterly Revenue Growth
0.046
Return On Assets
0.0964
The market value of MI Homes is measured differently than its book value, which is the value of MHO that is recorded on the company's balance sheet. Investors also form their own opinion of MI Homes' value that differs from its market value or its book value, called intrinsic value, which is MI Homes' 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 MI Homes' market value can be influenced by many factors that don't directly affect MI Homes' 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 MI Homes' value and its price as these two are different measures arrived at by different means. Investors typically determine if MI Homes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MI Homes' 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.