Midnight Short Long Term Debt Total vs Net Invested Capital Analysis
MMA Stock | CAD 0.43 0.02 4.44% |
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 Short Long Term Debt Total and its Net Invested Capital 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.
Short Long Term Debt Total vs Net Invested Capital
Short Long Term Debt Total vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Midnight Sun Mining Short Long Term Debt Total account and Net Invested Capital. At this time, the significance of the direction appears to have no relationship.
The correlation between Midnight Sun's Short Long Term Debt Total and Net Invested Capital is 0.08. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Net Invested Capital 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 Short Long Term Debt Total and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Midnight Sun Mining are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Short Long Term Debt Total i.e., Midnight Sun's Short Long Term Debt Total and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.08 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Short Long Term Debt Total
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.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 Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to climb to about 32.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 637.4 K in 2024.
Midnight Sun fundamental ratios Correlations
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Midnight Sun Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Midnight Sun fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 18.9M | 20.0M | 20.8M | 10.7M | 14.0M | 7.4M | |
Total Current Liabilities | 616.0K | 201.1K | 172.0K | 478.7K | 417.1K | 281.4K | |
Total Stockholder Equity | 10.8M | 12.3M | 14.6M | 4.6M | 11.2M | 11.8M | |
Net Debt | 34.1K | (1.0M) | (2.5M) | 17.9K | 352.4K | 370.0K | |
Retained Earnings | (7.2M) | (8.0M) | (8.3M) | (18.8M) | (13.8M) | (13.1M) | |
Accounts Payable | 467.5K | 179.6K | 81.1K | 343.1K | 110.5K | 105.0K | |
Cash | 7.0K | 1.1M | 2.6M | 40.5K | 23.9K | 22.7K | |
Non Current Assets Total | 18.8M | 17.8M | 18.1M | 10.5M | 13.9M | 7.7M | |
Cash And Short Term Investments | 7.0K | 1.4M | 2.6M | 40.5K | 23.9K | 22.7K | |
Net Receivables | 76.7K | 860.7K | 6.3K | 131.8K | 31.2K | 29.7K | |
Common Stock Shares Outstanding | 89.9M | 96.9M | 108.2M | 113.0M | 118.3M | 124.3M | |
Liabilities And Stockholders Equity | 18.9M | 20.0M | 20.8M | 10.7M | 14.0M | 7.4M | |
Other Stockholder Equity | (54K) | (33.5K) | 1.9M | 2.4M | 2.7M | 2.1M | |
Total Liab | 633.2K | 241.1K | 230.0K | 518.7K | 731.1K | 767.7K | |
Total Current Assets | 105.3K | 2.3M | 2.6M | 191.3K | 104.7K | 99.4K | |
Other Current Liab | 124.6K | 4.2K | 66.3K | 117.1K | 354.9K | 372.6K | |
Property Plant And Equipment Net | 18.8M | 17.8M | 17.6M | 10.0M | 371.3K | 352.8K | |
Common Stock | 16.3M | 16.6M | 18.5M | 21.0M | 22.1M | 13.8M | |
Net Tangible Assets | 10.8M | 12.3M | 14.6M | 4.6M | 5.3M | 7.3M | |
Other Current Assets | 21.6K | 26.0K | 65.1K | 19.1K | 49.6K | 37.0K | |
Property Plant Equipment | 18.8M | 17.8M | 17.6M | 10.0M | 11.5M | 9.6M | |
Accumulated Other Comprehensive Income | 1.5M | 1.9M | 1.9M | 2.4M | 2.9M | 1.7M | |
Non Currrent Assets Other | (54K) | (33.5K) | 175.4K | 13.0M | 14.9M | 15.6M | |
Net Invested Capital | 10.8M | 12.4M | 14.7M | 4.7M | 11.4M | 8.4M | |
Net Working Capital | (510.6K) | 2.1M | 2.5M | (287.3K) | (312.4K) | (296.8K) |
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