Midnight Sun Mining Stock Fundamentals
| MMA Stock | CAD 0.43 0.01 2.27% |
Midnight Sun Mining fundamentals help investors to digest information that contributes to Midnight Sun's financial success or failures. It also enables traders to predict the movement of Midnight Stock. The fundamental analysis module provides a way to measure Midnight Sun's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Midnight Sun stock.
At this time, Midnight Sun's Depreciation And Amortization is fairly stable compared to the past year. Interest Expense is likely to climb to about 21.2 K in 2024, despite the fact that Operating Income is likely to grow to (1.4 M). Midnight | Select Account or Indicator |
Midnight Sun Mining Company Return On Asset Analysis
Midnight Sun's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Midnight Sun Return On Asset | -0.0561 |
Most of Midnight Sun's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Midnight Sun Mining is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Midnight Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Midnight Sun is extremely important. It helps to project a fair market value of Midnight Stock properly, considering its historical fundamentals such as Return On Asset. Since Midnight Sun's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Midnight Sun's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Midnight Sun's interrelated accounts and indicators.
Click cells to compare fundamentals
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
| Competition |
Midnight Total Assets
Total Assets |
|
Based on the latest financial disclosure, Midnight Sun Mining has a Return On Asset of -0.0561. This is 107.58% lower than that of the Metals & Mining sector and 99.04% lower than that of the Materials industry. The return on asset for all Canada stocks is 59.93% lower than that of the firm.
Midnight Sun Mining Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Midnight Sun's current stock value. Our valuation model uses many indicators to compare Midnight Sun value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Midnight Sun competition to find correlations between indicators driving Midnight Sun's intrinsic value. More Info.Midnight Sun Mining is regarded second in return on equity category among its peers. It also is regarded second in return on asset category among its peers . At this time, Midnight Sun's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Midnight Sun's earnings, one of the primary drivers of an investment's value.Midnight Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Midnight Sun's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Midnight Sun could also be used in its relative valuation, which is a method of valuing Midnight Sun by comparing valuation metrics of similar companies.Midnight Sun is currently under evaluation in return on asset category among its peers.
Midnight Sun Current Valuation Drivers
We derive many important indicators used in calculating different scores of Midnight Sun from analyzing Midnight Sun's financial statements. These drivers represent accounts that assess Midnight Sun's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Midnight Sun's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 9.4M | 29.1M | 28.7M | 24.3M | 30.2M | 31.7M | |
| Enterprise Value | 9.5M | 28.1M | 26.2M | 24.3M | 30.7M | 32.2M |
Midnight Fundamentals
| Return On Equity | -0.12 | ||||
| Return On Asset | -0.0561 | ||||
| Current Valuation | 63.01 M | ||||
| Shares Outstanding | 165.57 M | ||||
| Shares Owned By Insiders | 5.93 % | ||||
| Shares Owned By Institutions | 0.32 % | ||||
| Number Of Shares Shorted | 161.02 K | ||||
| Price To Earning | (26.36) X | ||||
| Price To Book | 3.55 X | ||||
| EBITDA | (1.49 M) | ||||
| Net Income | (1.54 M) | ||||
| Cash And Equivalents | 25.29 K | ||||
| Total Debt | 376.27 K | ||||
| Debt To Equity | 0.04 % | ||||
| Current Ratio | 0.21 X | ||||
| Book Value Per Share | 0.09 X | ||||
| Cash Flow From Operations | (1.62 M) | ||||
| Short Ratio | 0.71 X | ||||
| Earnings Per Share | (0.01) X | ||||
| Beta | 0.92 | ||||
| Market Capitalization | 71.19 M | ||||
| Total Asset | 13.96 M | ||||
| Retained Earnings | (13.77 M) | ||||
| Working Capital | (312.38 K) | ||||
| Net Asset | 13.96 M |
About Midnight Sun Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Midnight Sun Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Midnight Sun using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Midnight Sun Mining based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | -99.4 K | -104.4 K | |
| Cost Of Revenue | 37.4 K | 39.3 K |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Midnight Stock Analysis
When running Midnight Sun's price analysis, check to measure Midnight Sun's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Midnight Sun is operating at the current time. Most of Midnight Sun's value examination focuses on studying past and present price action to predict the probability of Midnight Sun's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Midnight Sun's price. Additionally, you may evaluate how the addition of Midnight Sun to your portfolios can decrease your overall portfolio volatility.