MHO Total Revenue vs Net Income Analysis
MHO Stock | USD 129.18 1.54 1.21% |
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 Total Revenue and its Net Income 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.
Total Revenue vs Net Income
Total Revenue vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MI Homes Total Revenue account and Net Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between MI Homes' Total Revenue and Net Income is 0.94. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Net Income 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' Total Revenue and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of MI Homes are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Total Revenue i.e., MI Homes' Total Revenue and Net Income go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Revenue
Total revenue comprises all receipts MI Homes generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in MI Homes financial statement analysis. It represents the amount of money remaining after all of MI Homes operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total 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 17th 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 Profit | 908.9M | 1.0B | 1.0B | 1.1B | Total Revenue | 3.7B | 4.1B | 4.0B | 4.2B |
MI Homes fundamental ratios Correlations
Click cells to compare fundamentals
MI Homes Account Relationship Matchups
High Positive Relationship
High Negative Relationship
MI Homes fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.1B | 2.6B | 3.2B | 3.7B | 4.0B | 4.2B | |
Short Long Term Debt Total | 773.2M | 924.4M | 1.0B | 999.5M | 936.5M | 474.9M | |
Other Current Liab | (176.8M) | (298.3M) | (374.0M) | (400.2M) | 26.9M | 28.2M | |
Total Current Liabilities | 125.0M | 185.7M | 244.5M | 228.6M | 482.5M | 506.7M | |
Total Stockholder Equity | 1.0B | 1.3B | 1.6B | 2.1B | 2.5B | 2.6B | |
Property Plant And Equipment Net | 40.5M | 78.9M | 88.6M | 97.9M | 91.3M | 95.8M | |
Net Debt | 767.1M | 663.5M | 777.1M | 688.0M | 203.7M | 383.9M | |
Retained Earnings | 708.6M | 948.5M | 1.3B | 1.8B | 2.3B | 2.4B | |
Accounts Payable | 125.0M | 185.7M | 244.5M | 228.6M | 204.7M | 214.9M | |
Cash | 6.1M | 260.8M | 236.4M | 311.5M | 732.8M | 769.4M | |
Non Current Assets Total | 174.8M | 231.3M | 275.4M | 332.2M | 338.3M | 355.2M | |
Non Currrent Assets Other | 70.3M | 95.2M | 103.0M | 148.4M | 67.7M | 56.8M | |
Cash And Short Term Investments | 6.1M | 260.8M | 236.4M | 311.5M | 732.8M | 769.4M | |
Net Receivables | (654.0K) | (1.7M) | 1.0 | (787K) | (3.6M) | (3.4M) | |
Common Stock Shares Outstanding | 28.5M | 29.2M | 29.9M | 28.5M | 28.7M | 23.8M | |
Liabilities And Stockholders Equity | 2.1B | 2.6B | 3.2B | 3.7B | 4.0B | 4.2B | |
Inventory | 1.8B | 1.9B | 2.5B | 2.8B | 2.8B | 2.9B | |
Other Stockholder Equity | 294.6M | 309.9M | 278.6M | 234.4M | 215.3M | 137.3M | |
Total Liab | 1.1B | 1.4B | 1.6B | 1.6B | 1.5B | 1.6B | |
Property Plant And Equipment Gross | 40.5M | 78.9M | 88.6M | 97.9M | 116.7M | 122.6M | |
Total Current Assets | 1.9B | 2.4B | 3.0B | 3.4B | 3.7B | 3.9B | |
Short Term Debt | 142.4M | 225.6M | 266.2M | 307.1M | 165.8M | 138.5M | |
Non Current Liabilities Total | 977.1M | 1.2B | 1.4B | 1.4B | 1.0B | 562.8M | |
Other Current Assets | 155.2M | 234.3M | 275.7M | 242.5M | 176.3M | 98.7M | |
Other Liab | 134.0M | 274.3M | 357.7M | 303.3M | 348.8M | 366.3M | |
Other Assets | 39.8M | 101.4M | 285.9M | 2.1B | 1.0 | 0.95 | |
Long Term Debt | 142.7M | 229.7M | 962.0M | 938.2M | 859.6M | 902.6M | |
Short Term Investments | 654K | 1.7M | 57.1M | 51.6M | 3.6M | 3.4M | |
Treasury Stock | (38.3M) | (29.1M) | (68.9M) | (118.2M) | (106.4M) | (101.1M) | |
Property Plant Equipment | 22.1M | 26.6M | 88.6M | 97.9M | 112.5M | 118.2M | |
Current Deferred Revenue | 34.5M | 72.6M | 107.9M | 93.1M | 85.1M | 89.4M | |
Intangible Assets | 9.6M | 9.2M | 8.4M | 15.8M | 10.7M | 7.4M | |
Retained Earnings Total Equity | 708.6M | 948.5M | 1.3B | 1.8B | 2.1B | 2.2B | |
Deferred Long Term Liab | 5.7M | 10.1M | 8.2M | 5.7M | 6.6M | 5.1M |
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Try AI Portfolio ArchitectCheck 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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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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.
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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.