Midnight Sun Mining Stock Working Capital
| 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.
| Last Reported | Projected for Next Year | ||
| Net Working Capital | -312.4 K | -296.8 K | |
| Change In Working Capital | -318.3 K | -302.4 K |
Midnight | Working Capital |
Midnight Sun Mining Company Working Capital Analysis
Midnight Sun's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Current Midnight Sun Working Capital | (312.38 K) |
Most of Midnight Sun's fundamental indicators, such as Working Capital, 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 Working Capital 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 Working Capital. 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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Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
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Midnight Net Invested Capital
Net Invested Capital |
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Based on the company's disclosures, Midnight Sun Mining has a Working Capital of (312,381). This is 100.04% lower than that of the Metals & Mining sector and 100.01% lower than that of the Materials industry. The working capital for all Canada stocks is 100.02% higher than that of the company.
Midnight Working Capital 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 Working Capital 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 working capital 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.
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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.