MHO Capital Expenditures vs Free Cash Flow Analysis

MHO Stock

USD 133.97 2.43 1.78%

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 Capital Expenditures and its Free Cash Flow 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 closely tied 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.

Capital Expenditures vs Free Cash Flow

Capital Expenditures vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MI Homes Capital Expenditures account and Free Cash Flow. At this time, the significance of the direction appears to have no relationship.

The correlation between MI Homes' Capital Expenditures and Free Cash Flow is 0.03. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Free Cash Flow 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' Capital Expenditures and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of MI Homes are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Capital Expenditures i.e., MI Homes' Capital Expenditures and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.03

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Capital Expenditures

Capital Expenditures are funds used by MI Homes to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of MI Homes operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

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 closely tied 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 22nd of December 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

Gross Profit Total Revenue

MI Homes 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	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Non Current Liabilities Total	Other Current Assets	Common Stock Total Equity	Common Stock	Other Liab
Total Assets		0.72	-0.32	0.45	0.98	0.96	0.22	0.97	0.96	0.81	0.94	0.98	0.81	-0.52	0.35	0.99	0.39	0.96	0.97	1.0	0.12	0.69	0.7	0.61	0.62	0.96
Short Long Term Debt Total	0.72		-0.7	0.3	0.6	0.72	0.74	0.56	0.84	0.25	0.68	0.63	0.25	-0.38	0.67	0.77	0.78	0.86	0.62	0.71	0.49	0.97	0.98	0.78	0.78	0.68
Other Current Liab	-0.32	-0.7		-0.21	-0.2	-0.48	-0.63	-0.17	-0.52	0.07	-0.28	-0.26	0.07	0.09	-0.37	-0.37	-0.56	-0.49	-0.33	-0.32	-0.72	-0.7	-0.75	-0.33	-0.33	-0.4
Total Current Liabilities	0.45	0.3	-0.21		0.48	0.57	-0.14	0.5	0.45	0.47	0.32	0.44	0.47	0.44	-0.24	0.43	-0.13	0.36	0.56	0.45	0.58	0.12	0.25	0.11	0.11	0.51
Total Stockholder Equity	0.98	0.6	-0.2	0.48		0.94	0.05	1.0	0.91	0.88	0.93	0.99	0.88	-0.5	0.24	0.96	0.23	0.89	0.98	0.98	0.03	0.56	0.57	0.52	0.53	0.95
Property Plant And Equipment Net	0.96	0.72	-0.48	0.57	0.94		0.19	0.93	0.96	0.78	0.88	0.95	0.78	-0.41	0.23	0.95	0.32	0.92	0.98	0.96	0.29	0.67	0.72	0.5	0.51	0.98
Net Debt	0.22	0.74	-0.63	-0.14	0.05	0.19		-0.01	0.4	-0.37	0.21	0.09	-0.37	-0.19	0.73	0.32	0.88	0.48	0.06	0.21	0.5	0.78	0.73	0.58	0.58	0.13
Retained Earnings	0.97	0.56	-0.17	0.5	1.0	0.93	-0.01		0.89	0.9	0.92	0.99	0.9	-0.47	0.19	0.94	0.17	0.86	0.98	0.97	0.02	0.51	0.53	0.46	0.47	0.94
Accounts Payable	0.96	0.84	-0.52	0.45	0.91	0.96	0.4	0.89		0.67	0.9	0.92	0.67	-0.48	0.44	0.97	0.51	0.98	0.93	0.96	0.3	0.81	0.83	0.62	0.63	0.96
Cash	0.81	0.25	0.07	0.47	0.88	0.78	-0.37	0.9	0.67		0.75	0.86	1.0	-0.43	-0.07	0.74	-0.09	0.63	0.87	0.81	-0.2	0.2	0.26	0.29	0.3	0.82
Non Current Assets Total	0.94	0.68	-0.28	0.32	0.93	0.88	0.21	0.92	0.9	0.75		0.94	0.75	-0.62	0.47	0.93	0.38	0.89	0.9	0.93	0.0	0.66	0.66	0.62	0.63	0.9
Non Currrent Assets Other	0.98	0.63	-0.26	0.44	0.99	0.95	0.09	0.99	0.92	0.86	0.94		0.86	-0.53	0.27	0.96	0.26	0.9	0.98	0.98	0.06	0.6	0.6	0.51	0.52	0.94
Cash And Short Term Investments	0.81	0.25	0.07	0.47	0.88	0.78	-0.37	0.9	0.67	1.0	0.75	0.86		-0.43	-0.07	0.74	-0.09	0.63	0.87	0.81	-0.2	0.2	0.26	0.29	0.3	0.82
Net Receivables	-0.52	-0.38	0.09	0.44	-0.5	-0.41	-0.19	-0.47	-0.48	-0.43	-0.62	-0.53	-0.43		-0.56	-0.5	-0.47	-0.53	-0.43	-0.51	0.53	-0.52	-0.45	-0.53	-0.53	-0.48
Common Stock Shares Outstanding	0.35	0.67	-0.37	-0.24	0.24	0.23	0.73	0.19	0.44	-0.07	0.47	0.27	-0.07	-0.56		0.4	0.82	0.52	0.18	0.34	0.03	0.74	0.68	0.66	0.66	0.24
Inventory	0.99	0.77	-0.37	0.43	0.96	0.95	0.32	0.94	0.97	0.74	0.93	0.96	0.74	-0.5	0.4		0.45	0.97	0.95	0.99	0.18	0.74	0.74	0.63	0.64	0.93
Other Stockholder Equity	0.39	0.78	-0.56	-0.13	0.23	0.32	0.88	0.17	0.51	-0.09	0.38	0.26	-0.09	-0.47	0.82	0.45		0.61	0.23	0.38	0.27	0.85	0.82	0.81	0.81	0.3
Total Liab	0.96	0.86	-0.49	0.36	0.89	0.92	0.48	0.86	0.98	0.63	0.89	0.9	0.63	-0.53	0.52	0.97	0.61		0.89	0.95	0.27	0.85	0.85	0.72	0.73	0.9
Property Plant And Equipment Gross	0.97	0.62	-0.33	0.56	0.98	0.98	0.06	0.98	0.93	0.87	0.9	0.98	0.87	-0.43	0.18	0.95	0.23	0.89		0.97	0.16	0.58	0.62	0.47	0.48	0.98
Total Current Assets	1.0	0.71	-0.32	0.45	0.98	0.96	0.21	0.97	0.96	0.81	0.93	0.98	0.81	-0.51	0.34	0.99	0.38	0.95	0.97		0.13	0.68	0.69	0.6	0.61	0.95
Short Term Debt	0.12	0.49	-0.72	0.58	0.03	0.29	0.5	0.02	0.3	-0.2	0.0	0.06	-0.2	0.53	0.03	0.18	0.27	0.27	0.16	0.13		0.39	0.45	0.09	0.09	0.16
Non Current Liabilities Total	0.69	0.97	-0.7	0.12	0.56	0.67	0.78	0.51	0.81	0.2	0.66	0.6	0.2	-0.52	0.74	0.74	0.85	0.85	0.58	0.68	0.39		0.97	0.77	0.77	0.64
Other Current Assets	0.7	0.98	-0.75	0.25	0.57	0.72	0.73	0.53	0.83	0.26	0.66	0.6	0.26	-0.45	0.68	0.74	0.82	0.85	0.62	0.69	0.45	0.97		0.79	0.79	0.69
Common Stock Total Equity	0.61	0.78	-0.33	0.11	0.52	0.5	0.58	0.46	0.62	0.29	0.62	0.51	0.29	-0.53	0.66	0.63	0.81	0.72	0.47	0.6	0.09	0.77	0.79		1.0	0.49
Common Stock	0.62	0.78	-0.33	0.11	0.53	0.51	0.58	0.47	0.63	0.3	0.63	0.52	0.3	-0.53	0.66	0.64	0.81	0.73	0.48	0.61	0.09	0.77	0.79	1.0		0.5
Other Liab	0.96	0.68	-0.4	0.51	0.95	0.98	0.13	0.94	0.96	0.82	0.9	0.94	0.82	-0.48	0.24	0.93	0.3	0.9	0.98	0.95	0.16	0.64	0.69	0.49	0.5

Click cells to compare fundamentals

MI Homes Account Relationship Matchups

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	1.2B	1.2B	917.2M	494.5M
Other Current Liab	(176.8M)	(483.9M)	(374.0M)	(400.2M)	74.3M	78.0M
Total Current Liabilities	125.0M	185.7M	244.5M	228.6M	289.8M	176.6M
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	184.4M	175.1M
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	159.8M	167.8M
Cash And Short Term Investments	6.1M	260.8M	236.4M	311.5M	732.8M	769.4M
Net Receivables	(654.0K)	(15.9M)	1.0	(787K)	(19.1M)	(18.2M)
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	10.9M	10.3M
Non Current Liabilities Total	977.1M	1.2B	1.4B	1.4B	996.7M	561.0M
Other Current Assets	155.2M	250.2M	275.7M	242.5M	195.5M	100.2M
Other Liab	134.0M	274.3M	357.7M	303.3M	348.8M	366.3M
Other Assets	39.8M	101.4M	285.9M	2.1B	(22.1M)	(21.0M)
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

Pair Trading with MI Homes

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 MI Homes 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 MI Homes will appreciate offsetting losses from the drop in the long position's value.

Moving together with MHO Stock

0.8

Brunswick Sell-off Trend

Pair Corr

Moving against MHO Stock

0.53	DOGZ	Dogness International	Pair Corr
0.52	VUZI	Vuzix Corp Cmn Trending	Pair Corr
0.47	AS	Amer Sports,	Pair Corr
0.44	FORD	Forward Industries	Pair Corr
0.42	VNCE	Vince Holding Corp Trending	Pair Corr

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

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

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:

How To Invest In MHO

Details

Is MHO Stock a good investment?

Details

What is MI Homes' Net Worth?

Details

Largest Household Durables Companies

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Largest Consumer Durables & Apparel Companies

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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 closely tied 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.

You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Is Household Durables 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 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

0.058

Earnings Share

18.62

Revenue Per Share

153.475

Quarterly Revenue Growth

0.092

Return On Assets

0.0973

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.

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MHO Capital Expenditures vs Free Cash Flow Analysis

Capital Expenditures vs Free Cash Flow

Capital Expenditures vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Capital Expenditures

Free Cash Flow

MI Homes fundamental ratios Correlations

MI Homes Account Relationship Matchups

High Positive Relationship

High Negative Relationship

MI Homes fundamental ratios Accounts

Pair Trading with MI Homes

Moving together with MHO Stock

Moving against MHO Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Inventory	+ 0.99	Total Assets
Non Currrent Assets Other	+ 0.99	Total Stockholder Equity

Other Current Assets	- 0.75	Other Current Liab
Short Term Debt	- 0.72	Other Current Liab
Non Current Liabilities Total	- 0.7	Other Current Liab
Other Current Liab	- 0.7	Short Long Term Debt Total
Net Debt	- 0.63	Other Current Liab
Net Receivables	- 0.62	Non Current Assets Total