Midnight Sun Mining Stock Current Asset
MMA Stock | CAD 0.45 0.01 2.17% |
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.
Non Current Assets Total is likely to drop to about 7.7 M in 2024. Total Current Assets is likely to drop to about 99.4 K in 2024. Midnight | Current Asset |
Midnight Sun Mining Company Current Asset Analysis
Midnight Sun's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Midnight Current 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 Current 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.
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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Midnight Total Assets
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In accordance with the recently published financial statements, Midnight Sun Mining has a Current Asset of 0.0. This is 100.0% lower than that of the Metals & Mining sector and 100.0% lower than that of the Materials industry. The current asset for all Canada stocks is 100.0% higher than that of the company.
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 | 67.98 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 | 3.80 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 | 74.51 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.
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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.