Midway Dividends Paid vs Change To Liabilities 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 Dividends Paid and its Change To Liabilities 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.

Dividends Paid vs Change To Liabilities

Dividends Paid vs Change To Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Midway Dividends Paid account and Change To Liabilities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Midway's Dividends Paid and Change To Liabilities is -0.39. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Change To Liabilities in the same time period over historical financial statements of Midway, assuming nothing else is changed. The correlation between historical values of Midway's Dividends Paid and Change To Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of Midway are associated (or correlated) with its Change To Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Liabilities has no effect on the direction of Dividends Paid i.e., Midway's Dividends Paid and Change To Liabilities go up and down completely randomly.

Correlation Coefficient

-0.39
Relationship DirectionNegative 
Relationship StrengthInsignificant

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.

Change To Liabilities

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 Profit4.7M9.7M70.4M46.9M
Depreciation And Amortization6.8M6.0M8.4M7.0M

Midway fundamental ratios Correlations

0.490.60.670.49-0.1-0.30.130.110.130.090.33-0.170.860.020.460.530.580.730.330.78-0.580.10.450.690.07
0.490.850.10.73-0.78-0.52-0.63-0.370.390.150.780.330.640.080.93-0.140.30.070.530.320.11-0.550.890.26-0.74
0.60.850.090.62-0.62-0.22-0.57-0.140.260.180.590.190.780.170.710.020.480.240.680.460.13-0.590.70.38-0.63
0.670.10.090.030.26-0.130.620.12-0.02-0.140.21-0.30.28-0.210.20.550.010.51-0.180.49-0.680.390.080.430.37
0.490.730.620.03-0.32-0.12-0.450.17-0.020.260.420.220.750.240.610.260.590.40.680.55-0.23-0.410.510.28-0.49
-0.1-0.78-0.620.26-0.320.680.660.72-0.610.0-0.75-0.43-0.220.1-0.810.63-0.070.39-0.260.21-0.560.43-0.9-0.050.67
-0.3-0.52-0.22-0.13-0.120.680.170.7-0.60.06-0.54-0.3-0.160.24-0.650.4-0.040.140.110.08-0.14-0.14-0.76-0.180.14
0.13-0.63-0.570.62-0.450.660.170.24-0.09-0.17-0.41-0.31-0.27-0.22-0.460.38-0.150.25-0.610.0-0.520.87-0.490.110.85
0.11-0.37-0.140.120.170.720.70.24-0.83-0.01-0.59-0.280.260.14-0.510.850.450.680.420.58-0.6-0.07-0.650.30.32
0.130.390.26-0.02-0.02-0.61-0.6-0.09-0.830.410.470.43-0.020.230.53-0.69-0.12-0.52-0.29-0.470.440.20.66-0.31-0.25
0.090.150.18-0.140.260.00.06-0.17-0.010.410.00.570.20.970.14-0.160.33-0.120.25-0.090.12-0.060.11-0.46-0.16
0.330.780.590.210.42-0.75-0.54-0.41-0.590.470.00.120.29-0.110.89-0.33-0.07-0.240.180.00.19-0.390.850.03-0.56
-0.170.330.19-0.30.22-0.43-0.3-0.31-0.280.430.570.12-0.010.530.34-0.450.29-0.320.27-0.310.42-0.110.33-0.23-0.23
0.860.640.780.280.75-0.22-0.16-0.270.26-0.020.20.29-0.010.180.490.50.80.730.720.84-0.4-0.280.480.64-0.23
0.020.080.17-0.210.240.10.24-0.220.140.230.97-0.110.530.180.01-0.060.33-0.080.33-0.040.1-0.16-0.04-0.42-0.18
0.460.930.710.20.61-0.81-0.65-0.46-0.510.530.140.890.340.490.01-0.240.21-0.050.360.150.11-0.380.950.14-0.61
0.53-0.140.020.550.260.630.40.380.85-0.69-0.16-0.33-0.450.5-0.06-0.240.460.910.330.84-0.880.09-0.380.60.38
0.580.30.480.010.59-0.07-0.04-0.150.45-0.120.33-0.070.290.80.330.210.460.670.770.63-0.31-0.120.210.540.06
0.730.070.240.510.40.390.140.250.68-0.52-0.12-0.24-0.320.73-0.08-0.050.910.670.440.94-0.780.1-0.120.770.33
0.330.530.68-0.180.68-0.260.11-0.610.42-0.290.250.180.270.720.330.360.330.770.440.57-0.05-0.720.270.33-0.45
0.780.320.460.490.550.210.080.00.58-0.47-0.090.0-0.310.84-0.040.150.840.630.940.57-0.71-0.160.060.760.05
-0.580.110.13-0.68-0.23-0.56-0.14-0.52-0.60.440.120.190.42-0.40.10.11-0.88-0.31-0.78-0.05-0.71-0.350.22-0.55-0.46
0.1-0.55-0.590.39-0.410.43-0.140.87-0.070.2-0.06-0.39-0.11-0.28-0.16-0.380.09-0.120.1-0.72-0.16-0.35-0.280.070.82
0.450.890.70.080.51-0.9-0.76-0.49-0.650.660.110.850.330.48-0.040.95-0.380.21-0.120.270.060.22-0.280.19-0.56
0.690.260.380.430.28-0.05-0.180.110.3-0.31-0.460.03-0.230.64-0.420.140.60.540.770.330.76-0.550.070.190.22
0.07-0.74-0.630.37-0.490.670.140.850.32-0.25-0.16-0.56-0.23-0.23-0.18-0.610.380.060.33-0.450.05-0.460.82-0.560.22
Click cells to compare fundamentals

Midway Account Relationship Matchups

Midway fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets260.6M262.9M268.7M194.8M217.4M247.2M
Other Current Liab21.2M27.3M28.7M22.9M19.0M14.4M
Total Current Liabilities41.4M46.4M62.9M37.6M32.3M36.0M
Total Stockholder Equity128.3M131.1M123.5M125.3M144.6M101.8M
Other Liab50.2M49.4M43.6M10.0M11.5M11.0M
Retained Earnings(10.4M)(15.8M)(28.7M)(31.5M)(37.2M)(35.3M)
Accounts Payable8.6M9.6M9.8M8.7M2.8M2.7M
Cash11.0M13.0M3.0M5.6M24.9M14.0M
Long Term Debt33.0M32.0M25.9M4.3M3.9M3.7M
Net Receivables4.0M18.6M10.8M27.6M45.6M47.9M
Inventory30.7M18.1M23.5M36.7M29.7M18.2M
Other Current Assets9.0M9.6M8.9M5.2M17.6M9.1M
Total Liab130.5M130.7M143.9M67.8M71.0M105.3M
Property Plant Equipment181.5M182.7M144.8M58.6M52.7M50.1M
Short Long Term Debt Total50.5M44.4M46.9M11.5M32.1M39.7M
Property Plant And Equipment Net181.5M182.7M190.1M58.6M85.9M112.7M
Net Debt39.4M31.5M43.9M5.9M7.2M6.9M
Non Current Assets Total205.8M203.6M222.6M119.7M99.7M129.7M
Non Currrent Assets Other(197.2M)(194.6M)(2.0M)(2.0M)(247K)(259.4K)
Cash And Short Term Investments11.0M13.0M3.0M5.6M24.9M26.1M
Common Stock Shares Outstanding75.0M84.3M87.5M87.3M89.8M89.2M
Liabilities And Stockholders Equity260.6M262.9M268.7M194.8M217.4M242.3M
Non Current Liabilities Total89.1M84.3M80.9M30.2M38.7M58.3M
Other Stockholder Equity(42.6M)1.0(84.0M)(82.3M)(116.8M)1.05
Total Current Assets54.8M59.3M46.1M75.1M117.8M63.1M
Accumulated Other Comprehensive Income73.8M81.9M87.4M91.9M116.9M76.4M
Short Term Debt11.6M9.6M21.0M3.6M10.5M7.3M
Net Tangible Assets126.3M129.1M121.5M123.3M141.8M127.9M
Long Term Investments13.8M10.0M11.0M13.4M11.7M12.6M
Short Long Term Debt11.6M9.6M21.0M3.6M8.2M9.3M
Long Term Debt Total38.9M34.9M25.9M7.9M7.2M6.8M
Current Deferred Revenue15.7M19.1M1.7M1.2M1.4M1.3M
Property Plant And Equipment Gross133.1M141.1M144.8M51.9M82.7M87.9M
Non Current Liabilities Other37.7M31.9M32.7M7.1M8.2M7.8M
Net Invested Capital178.8M175.5M170.4M136.8M152.8M172.1M
Net Working Capital13.4M12.9M(16.8M)37.5M85.5M89.7M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Midway Stock Analysis

When running Midway's price analysis, check to measure Midway'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 Midway is operating at the current time. Most of Midway's value examination focuses on studying past and present price action to predict the probability of Midway's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Midway's price. Additionally, you may evaluate how the addition of Midway to your portfolios can decrease your overall portfolio volatility.