Midway Other Non Cash Items vs Change To Operating Activities Analysis
MWY Stock | 1.25 0.01 0.81% |
Midway financial indicator trend analysis is infinitely more than just investigating Midway recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Midway is a good investment. Please check the relationship between Midway Other Non Cash Items and its Change To Operating Activities accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Midway. 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.
Other Non Cash Items vs Change To Operating Activities
Other Non Cash Items vs Change To Operating Activities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Midway Other Non Cash Items account and Change To Operating Activities. At this time, the significance of the direction appears to have very week relationship.
The correlation between Midway's Other Non Cash Items and Change To Operating Activities is 0.24. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Change To Operating Activities in the same time period over historical financial statements of Midway, assuming nothing else is changed. The correlation between historical values of Midway's Other Non Cash Items and Change To Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of Midway are associated (or correlated) with its Change To Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Operating Activities has no effect on the direction of Other Non Cash Items i.e., Midway's Other Non Cash Items and Change To Operating Activities go up and down completely randomly.
Correlation Coefficient | 0.24 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Non Cash Items
Change To Operating Activities
Most indicators from Midway's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Midway 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 Midway. 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. Tax Provision is likely to gain to about 1.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 14.6 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 4.7M | 9.7M | 70.4M | 46.9M | Depreciation And Amortization | 6.8M | 6.0M | 8.4M | 7.0M |
Midway fundamental ratios Correlations
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Midway Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Midway fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 260.6M | 262.9M | 268.7M | 194.8M | 217.4M | 247.2M | |
Other Current Liab | 21.2M | 27.3M | 28.7M | 22.9M | 19.0M | 14.4M | |
Total Current Liabilities | 41.4M | 46.4M | 62.9M | 37.6M | 32.3M | 36.0M | |
Total Stockholder Equity | 128.3M | 131.1M | 123.5M | 125.3M | 144.6M | 101.8M | |
Other Liab | 50.2M | 49.4M | 43.6M | 10.0M | 11.5M | 11.0M | |
Retained Earnings | (10.4M) | (15.8M) | (28.7M) | (31.5M) | (37.2M) | (35.3M) | |
Accounts Payable | 8.6M | 9.6M | 9.8M | 8.7M | 2.8M | 2.7M | |
Cash | 11.0M | 13.0M | 3.0M | 5.6M | 24.9M | 14.0M | |
Long Term Debt | 33.0M | 32.0M | 25.9M | 4.3M | 3.9M | 3.7M | |
Net Receivables | 4.0M | 18.6M | 10.8M | 27.6M | 45.6M | 47.9M | |
Inventory | 30.7M | 18.1M | 23.5M | 36.7M | 29.7M | 18.2M | |
Other Current Assets | 9.0M | 9.6M | 8.9M | 5.2M | 17.6M | 9.1M | |
Total Liab | 130.5M | 130.7M | 143.9M | 67.8M | 71.0M | 105.3M | |
Property Plant Equipment | 181.5M | 182.7M | 144.8M | 58.6M | 52.7M | 50.1M | |
Short Long Term Debt Total | 50.5M | 44.4M | 46.9M | 11.5M | 32.1M | 39.7M | |
Property Plant And Equipment Net | 181.5M | 182.7M | 190.1M | 58.6M | 85.9M | 112.7M | |
Net Debt | 39.4M | 31.5M | 43.9M | 5.9M | 7.2M | 6.9M | |
Non Current Assets Total | 205.8M | 203.6M | 222.6M | 119.7M | 99.7M | 129.7M | |
Non Currrent Assets Other | (197.2M) | (194.6M) | (2.0M) | (2.0M) | (247K) | (259.4K) | |
Cash And Short Term Investments | 11.0M | 13.0M | 3.0M | 5.6M | 24.9M | 26.1M | |
Common Stock Shares Outstanding | 75.0M | 84.3M | 87.5M | 87.3M | 89.8M | 89.2M | |
Liabilities And Stockholders Equity | 260.6M | 262.9M | 268.7M | 194.8M | 217.4M | 242.3M | |
Non Current Liabilities Total | 89.1M | 84.3M | 80.9M | 30.2M | 38.7M | 58.3M | |
Other Stockholder Equity | (42.6M) | 1.0 | (84.0M) | (82.3M) | (116.8M) | 1.05 | |
Total Current Assets | 54.8M | 59.3M | 46.1M | 75.1M | 117.8M | 63.1M | |
Accumulated Other Comprehensive Income | 73.8M | 81.9M | 87.4M | 91.9M | 116.9M | 76.4M | |
Short Term Debt | 11.6M | 9.6M | 21.0M | 3.6M | 10.5M | 7.3M | |
Net Tangible Assets | 126.3M | 129.1M | 121.5M | 123.3M | 141.8M | 127.9M | |
Long Term Investments | 13.8M | 10.0M | 11.0M | 13.4M | 11.7M | 12.6M | |
Short Long Term Debt | 11.6M | 9.6M | 21.0M | 3.6M | 8.2M | 9.3M | |
Long Term Debt Total | 38.9M | 34.9M | 25.9M | 7.9M | 7.2M | 6.8M | |
Current Deferred Revenue | 15.7M | 19.1M | 1.7M | 1.2M | 1.4M | 1.3M | |
Property Plant And Equipment Gross | 133.1M | 141.1M | 144.8M | 51.9M | 82.7M | 87.9M | |
Non Current Liabilities Other | 37.7M | 31.9M | 32.7M | 7.1M | 8.2M | 7.8M | |
Net Invested Capital | 178.8M | 175.5M | 170.4M | 136.8M | 152.8M | 172.1M | |
Net Working Capital | 13.4M | 12.9M | (16.8M) | 37.5M | 85.5M | 89.7M |
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