Midnight Selling General Administrative vs Net Debt 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 Selling General Administrative and its Net Debt 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.

Selling General Administrative vs Net Debt

Selling General Administrative vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Midnight Sun Mining Selling General Administrative account and Net Debt. At this time, the significance of the direction appears to have no relationship.

The correlation between Midnight Sun's Selling General Administrative and Net Debt is 0.09. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Net Debt 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 Selling General Administrative and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Midnight Sun Mining are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Selling General Administrative i.e., Midnight Sun's Selling General Administrative and Net Debt go up and down completely randomly.

Correlation Coefficient

0.09

Relationship Direction	Positive
Relationship Strength	Insignificant

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Selling General Administrative

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Property Plant And Equipment Net	Common Stock	Net Tangible Assets	Other Assets	Other Current Assets	Property Plant Equipment	Non Currrent Assets Other	Net Invested Capital	Net Working Capital	Capital Stock	Short Long Term Debt Total
Total Assets		0.42	0.96	-0.14	-0.66	0.18	0.26	1.0	0.29	0.39	0.9	-0.42	0.59	0.48	0.44	0.7	0.89	0.89	0.59	0.61	0.97	0.33	0.53	-0.24	0.63	0.45
Total Current Liabilities	0.42		0.43	0.21	-0.53	0.8	-0.18	0.45	-0.2	-0.07	0.51	0.13	0.77	-0.15	0.26	0.31	0.56	0.38	0.74	0.46	0.46	0.45	-0.07	-0.67	0.22	0.18
Total Stockholder Equity	0.96	0.43		-0.14	-0.6	0.16	0.27	0.96	0.29	0.26	0.89	-0.39	0.65	0.46	0.54	0.56	0.87	0.88	0.58	0.74	0.9	0.45	0.57	-0.27	0.64	0.56
Net Debt	-0.14	0.21	-0.14		-0.24	0.14	-0.98	-0.05	-0.98	-0.15	0.11	0.0	0.42	-0.85	0.35	-0.48	-0.01	-0.45	-0.25	-0.26	-0.21	0.5	-0.5	-0.78	0.2	0.46
Retained Earnings	-0.66	-0.53	-0.6	-0.24		-0.21	0.13	-0.69	0.12	-0.14	-0.88	0.01	-0.72	-0.01	-0.57	-0.25	-0.84	-0.4	-0.58	-0.43	-0.59	-0.73	0.13	0.57	-0.8	-0.58
Accounts Payable	0.18	0.8	0.16	0.14	-0.21		-0.18	0.21	-0.18	0.04	0.19	0.23	0.47	-0.14	-0.22	0.36	0.18	0.29	0.49	0.2	0.28	0.13	-0.11	-0.44	-0.17	-0.17
Cash	0.26	-0.18	0.27	-0.98	0.13	-0.18		0.18	0.99	0.15	0.03	0.0	-0.3	0.88	-0.2	0.47	0.14	0.51	0.32	0.36	0.29	-0.39	0.56	0.73	-0.04	-0.29
Non Current Assets Total	1.0	0.45	0.96	-0.05	-0.69	0.21	0.18		0.21	0.35	0.92	-0.41	0.64	0.4	0.48	0.66	0.89	0.86	0.58	0.6	0.96	0.38	0.48	-0.33	0.65	0.5
Cash And Short Term Investments	0.29	-0.2	0.29	-0.98	0.12	-0.18	0.99	0.21		0.25	0.05	-0.04	-0.31	0.92	-0.22	0.51	0.15	0.54	0.33	0.34	0.33	-0.41	0.58	0.75	-0.04	-0.3
Net Receivables	0.39	-0.07	0.26	-0.15	-0.14	0.04	0.15	0.35	0.25		0.21	-0.28	-0.1	0.51	-0.23	0.49	0.25	0.38	0.19	-0.07	0.43	-0.22	0.24	0.29	0.04	-0.11
Common Stock Shares Outstanding	0.9	0.51	0.89	0.11	-0.88	0.19	0.03	0.92	0.05	0.21		-0.2	0.8	0.21	0.67	0.39	0.93	0.67	0.62	0.62	0.8	0.67	0.23	-0.49	0.83	0.7
Other Stockholder Equity	-0.42	0.13	-0.39	0.0	0.01	0.23	0.0	-0.41	-0.04	-0.28	-0.2		0.09	-0.25	-0.09	-0.47	-0.28	-0.46	0.2	-0.16	-0.46	-0.01	-0.23	0.07	-0.02	0.03
Total Liab	0.59	0.77	0.65	0.42	-0.72	0.47	-0.3	0.64	-0.31	-0.1	0.8	0.09		-0.22	0.73	0.04	0.68	0.35	0.61	0.51	0.49	0.78	-0.03	-0.78	0.63	0.75
Total Current Assets	0.48	-0.15	0.46	-0.85	-0.01	-0.14	0.88	0.4	0.92	0.51	0.21	-0.25	-0.22		-0.18	0.64	0.32	0.68	0.28	0.32	0.51	-0.32	0.61	0.67	0.07	-0.22
Other Current Liab	0.44	0.26	0.54	0.35	-0.57	-0.22	-0.2	0.48	-0.22	-0.23	0.67	-0.09	0.73	-0.18		-0.25	0.52	0.14	0.27	0.39	0.26	0.77	-0.06	-0.55	0.71	0.89
Property Plant And Equipment Net	0.7	0.31	0.56	-0.48	-0.25	0.36	0.47	0.66	0.51	0.49	0.39	-0.47	0.04	0.64	-0.25		0.52	0.86	0.45	0.34	0.83	-0.25	0.47	0.12	0.01	-0.32
Common Stock	0.89	0.56	0.87	-0.01	-0.84	0.18	0.14	0.89	0.15	0.25	0.93	-0.28	0.68	0.32	0.52	0.52		0.72	0.69	0.68	0.86	0.57	0.33	-0.41	0.8	0.52
Net Tangible Assets	0.89	0.38	0.88	-0.45	-0.4	0.29	0.51	0.86	0.54	0.38	0.67	-0.46	0.35	0.68	0.14	0.86	0.72		0.56	0.67	0.93	0.1	0.62	-0.01	0.3	0.1
Other Assets	0.59	0.74	0.58	-0.25	-0.58	0.49	0.32	0.58	0.33	0.19	0.62	0.2	0.61	0.28	0.27	0.45	0.69	0.56		0.62	0.61	0.3	0.24	-0.24	0.41	0.21
Other Current Assets	0.61	0.46	0.74	-0.26	-0.43	0.2	0.36	0.6	0.34	-0.07	0.62	-0.16	0.51	0.32	0.39	0.34	0.68	0.67	0.62		0.57	0.48	0.45	-0.22	0.44	0.36
Property Plant Equipment	0.97	0.46	0.9	-0.21	-0.59	0.28	0.29	0.96	0.33	0.43	0.8	-0.46	0.49	0.51	0.26	0.83	0.86	0.93	0.61	0.57		0.19	0.54	-0.2	0.49	0.25
Non Currrent Assets Other	0.33	0.45	0.45	0.5	-0.73	0.13	-0.39	0.38	-0.41	-0.22	0.67	-0.01	0.78	-0.32	0.77	-0.25	0.57	0.1	0.3	0.48	0.19		-0.31	-0.74	0.67	0.75
Net Invested Capital	0.53	-0.07	0.57	-0.5	0.13	-0.11	0.56	0.48	0.58	0.24	0.23	-0.23	-0.03	0.61	-0.06	0.47	0.33	0.62	0.24	0.45	0.54	-0.31		0.37	0.15	0.08
Net Working Capital	-0.24	-0.67	-0.27	-0.78	0.57	-0.44	0.73	-0.33	0.75	0.29	-0.49	0.07	-0.78	0.67	-0.55	0.12	-0.41	-0.01	-0.24	-0.22	-0.2	-0.74	0.37		-0.37	-0.52
Capital Stock	0.63	0.22	0.64	0.2	-0.8	-0.17	-0.04	0.65	-0.04	0.04	0.83	-0.02	0.63	0.07	0.71	0.01	0.8	0.3	0.41	0.44	0.49	0.67	0.15	-0.37		0.82
Short Long Term Debt Total	0.45	0.18	0.56	0.46	-0.58	-0.17	-0.29	0.5	-0.3	-0.11	0.7	0.03	0.75	-0.22	0.89	-0.32	0.52	0.1	0.21	0.36	0.25	0.75	0.08	-0.52	0.82

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Midnight Sun Account Relationship Matchups

Midnight Sun fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	20.0M	20.8M	10.7M	14.0M	16.1M	16.9M
Total Current Liabilities	201.1K	172.0K	478.7K	417.1K	479.6K	281.4K
Total Stockholder Equity	12.3M	14.6M	4.6M	11.2M	12.9M	13.5M
Net Debt	(1.0M)	(2.5M)	17.9K	352.4K	317.2K	333.0K
Retained Earnings	(8.0M)	(8.3M)	(18.8M)	(13.8M)	(12.4M)	(11.8M)
Accounts Payable	179.6K	81.1K	343.1K	110.5K	127.1K	223.6K
Cash	1.1M	2.6M	40.5K	23.9K	27.5K	26.1K
Non Current Assets Total	17.8M	18.1M	10.5M	13.9M	15.9M	16.7M
Cash And Short Term Investments	1.4M	2.6M	40.5K	23.9K	27.5K	26.1K
Net Receivables	860.7K	6.3K	131.8K	31.2K	35.9K	34.1K
Common Stock Shares Outstanding	96.9M	108.2M	113.0M	118.3M	136.1M	142.9M
Liabilities And Stockholders Equity	20.0M	20.8M	10.7M	14.0M	16.1M	16.9M
Other Stockholder Equity	(54K)	(33.5K)	1.9M	2.4M	2.7M	2.1M
Total Liab	241.1K	230.0K	518.7K	731.1K	840.8K	882.9K
Total Current Assets	2.3M	2.6M	191.3K	104.7K	120.4K	114.4K
Other Current Liab	4.2K	66.3K	117.1K	354.9K	408.1K	428.5K
Property Plant And Equipment Net	17.8M	17.6M	10.0M	371.3K	427.0K	405.7K
Common Stock	16.6M	18.5M	21.0M	22.1M	25.4M	13.8M
Net Tangible Assets	10.8M	12.3M	14.6M	4.6M	5.3M	7.3M
Other Current Assets	26.0K	65.1K	19.1K	49.6K	57.0K	37.0K
Property Plant Equipment	18.8M	17.8M	17.6M	10.0M	11.5M	9.6M
Accumulated Other Comprehensive Income	1.9M	1.9M	2.4M	2.9M	3.3M	1.7M
Non Currrent Assets Other	(54K)	(33.5K)	175.4K	13.0M	14.9M	15.6M
Non Current Liabilities Total	17.3K	40K	58.1K	314.1K	361.2K	379.3K
Net Invested Capital	12.4M	14.7M	4.7M	11.4M	10.2M	8.4M
Net Working Capital	2.1M	2.5M	(287.3K)	(312.4K)	(281.1K)	(267.1K)
Capital Stock	16.6M	18.5M	21.0M	22.1M	25.4M	21.2M
Short Long Term Debt Total	57.3K	82.6K	58.4K	376.3K	432.7K	454.4K
Capital Lease Obligations	17.3K	42.6K	18.4K	376.3K	432.7K	454.4K
Property Plant And Equipment Gross	17.8M	17.6M	10.0M	13.3M	12.0M	12.4M
Short Term Debt	17.3K	24.6K	18.4K	62.2K	71.5K	75.1K

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