Midnight Depreciation And Amortization vs Property Plant Equipment Analysis

MMA Stock  CAD 0.63  0.02  3.08%   
Midnight Sun financial indicator trend analysis is infinitely more than just investigating Midnight Sun Mining recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Midnight Sun Mining is a good investment. Please check the relationship between Midnight Sun Depreciation And Amortization and its Property Plant Equipment accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Midnight Sun Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Depreciation And Amortization vs Property Plant Equipment

Depreciation And Amortization vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Midnight Sun Mining Depreciation And Amortization account and Property Plant Equipment. At this time, the significance of the direction appears to have weak relationship.
The correlation between Midnight Sun's Depreciation And Amortization and Property Plant Equipment is 0.31. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Midnight Sun Mining, assuming nothing else is changed. The correlation between historical values of Midnight Sun's Depreciation And Amortization and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Midnight Sun Mining are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Depreciation And Amortization i.e., Midnight Sun's Depreciation And Amortization and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Property Plant Equipment

Most indicators from Midnight Sun's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Midnight Sun Mining 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 Midnight Sun Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Midnight Sun's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 942.8 K in 2025, despite the fact that Enterprise Value Over EBITDA is likely to grow to (29.16).

Midnight Sun fundamental ratios Correlations

0.420.96-0.14-0.660.180.261.00.290.390.9-0.420.590.480.440.70.890.890.590.610.970.330.53-0.240.630.45
0.420.430.21-0.530.8-0.180.45-0.2-0.070.510.130.77-0.150.260.310.560.380.740.460.460.45-0.07-0.670.220.18
0.960.43-0.14-0.60.160.270.960.290.260.89-0.390.650.460.540.560.870.880.580.740.90.450.57-0.270.640.56
-0.140.21-0.14-0.240.14-0.98-0.05-0.98-0.150.110.00.42-0.850.35-0.48-0.01-0.45-0.25-0.26-0.210.5-0.5-0.780.20.46
-0.66-0.53-0.6-0.24-0.210.13-0.690.12-0.14-0.880.01-0.72-0.01-0.57-0.25-0.84-0.4-0.58-0.43-0.59-0.730.130.57-0.8-0.58
0.180.80.160.14-0.21-0.180.21-0.180.040.190.230.47-0.14-0.220.360.180.290.490.20.280.13-0.11-0.44-0.17-0.17
0.26-0.180.27-0.980.13-0.180.180.990.150.030.0-0.30.88-0.20.470.140.510.320.360.29-0.390.560.73-0.04-0.29
1.00.450.96-0.05-0.690.210.180.210.350.92-0.410.640.40.480.660.890.860.580.60.960.380.48-0.330.650.5
0.29-0.20.29-0.980.12-0.180.990.210.250.05-0.04-0.310.92-0.220.510.150.540.330.340.33-0.410.580.75-0.04-0.3
0.39-0.070.26-0.15-0.140.040.150.350.250.21-0.28-0.10.51-0.230.490.250.380.19-0.070.43-0.220.240.290.04-0.11
0.90.510.890.11-0.880.190.030.920.050.21-0.20.80.210.670.390.930.670.620.620.80.670.23-0.490.830.7
-0.420.13-0.390.00.010.230.0-0.41-0.04-0.28-0.20.09-0.25-0.09-0.47-0.28-0.460.2-0.16-0.46-0.01-0.230.07-0.020.03
0.590.770.650.42-0.720.47-0.30.64-0.31-0.10.80.09-0.220.730.040.680.350.610.510.490.78-0.03-0.780.630.75
0.48-0.150.46-0.85-0.01-0.140.880.40.920.510.21-0.25-0.22-0.180.640.320.680.280.320.51-0.320.610.670.07-0.22
0.440.260.540.35-0.57-0.22-0.20.48-0.22-0.230.67-0.090.73-0.18-0.250.520.140.270.390.260.77-0.06-0.550.710.89
0.70.310.56-0.48-0.250.360.470.660.510.490.39-0.470.040.64-0.250.520.860.450.340.83-0.250.470.120.01-0.32
0.890.560.87-0.01-0.840.180.140.890.150.250.93-0.280.680.320.520.520.720.690.680.860.570.33-0.410.80.52
0.890.380.88-0.45-0.40.290.510.860.540.380.67-0.460.350.680.140.860.720.560.670.930.10.62-0.010.30.1
0.590.740.58-0.25-0.580.490.320.580.330.190.620.20.610.280.270.450.690.560.620.610.30.24-0.240.410.21
0.610.460.74-0.26-0.430.20.360.60.34-0.070.62-0.160.510.320.390.340.680.670.620.570.480.45-0.220.440.36
0.970.460.9-0.21-0.590.280.290.960.330.430.8-0.460.490.510.260.830.860.930.610.570.190.54-0.20.490.25
0.330.450.450.5-0.730.13-0.390.38-0.41-0.220.67-0.010.78-0.320.77-0.250.570.10.30.480.19-0.31-0.740.670.75
0.53-0.070.57-0.50.13-0.110.560.480.580.240.23-0.23-0.030.61-0.060.470.330.620.240.450.54-0.310.370.150.08
-0.24-0.67-0.27-0.780.57-0.440.73-0.330.750.29-0.490.07-0.780.67-0.550.12-0.41-0.01-0.24-0.22-0.2-0.740.37-0.37-0.52
0.630.220.640.2-0.8-0.17-0.040.65-0.040.040.83-0.020.630.070.710.010.80.30.410.440.490.670.15-0.370.82
0.450.180.560.46-0.58-0.17-0.290.5-0.3-0.110.70.030.75-0.220.89-0.320.520.10.210.360.250.750.08-0.520.82
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Midnight Sun Account Relationship Matchups

Midnight Sun fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets20.0M20.8M10.7M14.0M16.1M16.9M
Total Current Liabilities201.1K172.0K478.7K417.1K479.6K281.4K
Total Stockholder Equity12.3M14.6M4.6M11.2M12.9M13.5M
Net Debt(1.0M)(2.5M)17.9K352.4K317.2K333.0K
Retained Earnings(8.0M)(8.3M)(18.8M)(13.8M)(12.4M)(11.8M)
Accounts Payable179.6K81.1K343.1K110.5K127.1K223.6K
Cash1.1M2.6M40.5K23.9K27.5K26.1K
Non Current Assets Total17.8M18.1M10.5M13.9M15.9M16.7M
Cash And Short Term Investments1.4M2.6M40.5K23.9K27.5K26.1K
Net Receivables860.7K6.3K131.8K31.2K35.9K34.1K
Common Stock Shares Outstanding96.9M108.2M113.0M118.3M136.1M142.9M
Liabilities And Stockholders Equity20.0M20.8M10.7M14.0M16.1M16.9M
Other Stockholder Equity(54K)(33.5K)1.9M2.4M2.7M2.1M
Total Liab241.1K230.0K518.7K731.1K840.8K882.9K
Total Current Assets2.3M2.6M191.3K104.7K120.4K114.4K
Other Current Liab4.2K66.3K117.1K354.9K408.1K428.5K
Property Plant And Equipment Net17.8M17.6M10.0M371.3K427.0K405.7K
Common Stock16.6M18.5M21.0M22.1M25.4M13.8M
Net Tangible Assets10.8M12.3M14.6M4.6M5.3M7.3M
Other Current Assets26.0K65.1K19.1K49.6K57.0K37.0K
Property Plant Equipment18.8M17.8M17.6M10.0M11.5M9.6M
Accumulated Other Comprehensive Income1.9M1.9M2.4M2.9M3.3M1.7M
Non Currrent Assets Other(54K)(33.5K)175.4K13.0M14.9M15.6M
Non Current Liabilities Total17.3K40K58.1K314.1K361.2K379.3K
Net Invested Capital12.4M14.7M4.7M11.4M10.2M8.4M
Net Working Capital2.1M2.5M(287.3K)(312.4K)(281.1K)(267.1K)
Capital Stock16.6M18.5M21.0M22.1M25.4M21.2M
Short Long Term Debt Total57.3K82.6K58.4K376.3K432.7K454.4K
Capital Lease Obligations17.3K42.6K18.4K376.3K432.7K454.4K
Property Plant And Equipment Gross17.8M17.6M10.0M13.3M12.0M12.4M
Short Term Debt17.3K24.6K18.4K62.2K71.5K75.1K

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