Midway Stock Based Compensation vs Net Borrowings 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 Stock Based Compensation and its Net Borrowings 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.

Stock Based Compensation vs Net Borrowings

Stock Based Compensation vs Net Borrowings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Midway Stock Based Compensation account and Net Borrowings. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Midway's Stock Based Compensation and Net Borrowings is 0.45. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Net Borrowings in the same time period over historical financial statements of Midway, assuming nothing else is changed. The correlation between historical values of Midway's Stock Based Compensation and Net Borrowings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Midway are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Stock Based Compensation i.e., Midway's Stock Based Compensation and Net Borrowings go up and down completely randomly.

Correlation Coefficient

0.45

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.

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

Gross Profit Depreciation And Amortization

Midway fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Long Term Debt	Net Receivables	Good Will	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity
Total Assets		0.49	0.6	0.67	0.49	-0.1	-0.3	0.13	0.11	0.13	0.09	0.33	-0.17	0.86	0.02	0.46	0.53	0.58	0.73	0.33	0.78	-0.58	0.1	0.45	0.69	0.07
Other Current Liab	0.49		0.85	0.1	0.73	-0.78	-0.52	-0.63	-0.37	0.39	0.15	0.78	0.33	0.64	0.08	0.93	-0.14	0.3	0.07	0.53	0.32	0.11	-0.55	0.89	0.26	-0.74
Total Current Liabilities	0.6	0.85		0.09	0.62	-0.62	-0.22	-0.57	-0.14	0.26	0.18	0.59	0.19	0.78	0.17	0.71	0.02	0.48	0.24	0.68	0.46	0.13	-0.59	0.7	0.38	-0.63
Total Stockholder Equity	0.67	0.1	0.09		0.03	0.26	-0.13	0.62	0.12	-0.02	-0.14	0.21	-0.3	0.28	-0.21	0.2	0.55	0.01	0.51	-0.18	0.49	-0.68	0.39	0.08	0.43	0.37
Other Liab	0.49	0.73	0.62	0.03		-0.32	-0.12	-0.45	0.17	-0.02	0.26	0.42	0.22	0.75	0.24	0.61	0.26	0.59	0.4	0.68	0.55	-0.23	-0.41	0.51	0.28	-0.49
Retained Earnings	-0.1	-0.78	-0.62	0.26	-0.32		0.68	0.66	0.72	-0.61	0.0	-0.75	-0.43	-0.22	0.1	-0.81	0.63	-0.07	0.39	-0.26	0.21	-0.56	0.43	-0.9	-0.05	0.67
Accounts Payable	-0.3	-0.52	-0.22	-0.13	-0.12	0.68		0.17	0.7	-0.6	0.06	-0.54	-0.3	-0.16	0.24	-0.65	0.4	-0.04	0.14	0.11	0.08	-0.14	-0.14	-0.76	-0.18	0.14
Cash	0.13	-0.63	-0.57	0.62	-0.45	0.66	0.17		0.24	-0.09	-0.17	-0.41	-0.31	-0.27	-0.22	-0.46	0.38	-0.15	0.25	-0.61	0.0	-0.52	0.87	-0.49	0.11	0.85
Long Term Debt	0.11	-0.37	-0.14	0.12	0.17	0.72	0.7	0.24		-0.83	-0.01	-0.59	-0.28	0.26	0.14	-0.51	0.85	0.45	0.68	0.42	0.58	-0.6	-0.07	-0.65	0.3	0.32
Net Receivables	0.13	0.39	0.26	-0.02	-0.02	-0.61	-0.6	-0.09	-0.83		0.41	0.47	0.43	-0.02	0.23	0.53	-0.69	-0.12	-0.52	-0.29	-0.47	0.44	0.2	0.66	-0.31	-0.25
Good Will	0.09	0.15	0.18	-0.14	0.26	0.0	0.06	-0.17	-0.01	0.41		0.0	0.57	0.2	0.97	0.14	-0.16	0.33	-0.12	0.25	-0.09	0.12	-0.06	0.11	-0.46	-0.16
Inventory	0.33	0.78	0.59	0.21	0.42	-0.75	-0.54	-0.41	-0.59	0.47	0.0		0.12	0.29	-0.11	0.89	-0.33	-0.07	-0.24	0.18	0.0	0.19	-0.39	0.85	0.03	-0.56
Other Current Assets	-0.17	0.33	0.19	-0.3	0.22	-0.43	-0.3	-0.31	-0.28	0.43	0.57	0.12		-0.01	0.53	0.34	-0.45	0.29	-0.32	0.27	-0.31	0.42	-0.11	0.33	-0.23	-0.23
Total Liab	0.86	0.64	0.78	0.28	0.75	-0.22	-0.16	-0.27	0.26	-0.02	0.2	0.29	-0.01		0.18	0.49	0.5	0.8	0.73	0.72	0.84	-0.4	-0.28	0.48	0.64	-0.23
Intangible Assets	0.02	0.08	0.17	-0.21	0.24	0.1	0.24	-0.22	0.14	0.23	0.97	-0.11	0.53	0.18		0.01	-0.06	0.33	-0.08	0.33	-0.04	0.1	-0.16	-0.04	-0.42	-0.18
Common Stock	0.46	0.93	0.71	0.2	0.61	-0.81	-0.65	-0.46	-0.51	0.53	0.14	0.89	0.34	0.49	0.01		-0.24	0.21	-0.05	0.36	0.15	0.11	-0.38	0.95	0.14	-0.61
Property Plant Equipment	0.53	-0.14	0.02	0.55	0.26	0.63	0.4	0.38	0.85	-0.69	-0.16	-0.33	-0.45	0.5	-0.06	-0.24		0.46	0.91	0.33	0.84	-0.88	0.09	-0.38	0.6	0.38
Short Long Term Debt Total	0.58	0.3	0.48	0.01	0.59	-0.07	-0.04	-0.15	0.45	-0.12	0.33	-0.07	0.29	0.8	0.33	0.21	0.46		0.67	0.77	0.63	-0.31	-0.12	0.21	0.54	0.06
Property Plant And Equipment Net	0.73	0.07	0.24	0.51	0.4	0.39	0.14	0.25	0.68	-0.52	-0.12	-0.24	-0.32	0.73	-0.08	-0.05	0.91	0.67		0.44	0.94	-0.78	0.1	-0.12	0.77	0.33
Net Debt	0.33	0.53	0.68	-0.18	0.68	-0.26	0.11	-0.61	0.42	-0.29	0.25	0.18	0.27	0.72	0.33	0.36	0.33	0.77	0.44		0.57	-0.05	-0.72	0.27	0.33	-0.45
Non Current Assets Total	0.78	0.32	0.46	0.49	0.55	0.21	0.08	0.0	0.58	-0.47	-0.09	0.0	-0.31	0.84	-0.04	0.15	0.84	0.63	0.94	0.57		-0.71	-0.16	0.06	0.76	0.05
Non Currrent Assets Other	-0.58	0.11	0.13	-0.68	-0.23	-0.56	-0.14	-0.52	-0.6	0.44	0.12	0.19	0.42	-0.4	0.1	0.11	-0.88	-0.31	-0.78	-0.05	-0.71		-0.35	0.22	-0.55	-0.46
Cash And Short Term Investments	0.1	-0.55	-0.59	0.39	-0.41	0.43	-0.14	0.87	-0.07	0.2	-0.06	-0.39	-0.11	-0.28	-0.16	-0.38	0.09	-0.12	0.1	-0.72	-0.16	-0.35		-0.28	0.07	0.82
Common Stock Shares Outstanding	0.45	0.89	0.7	0.08	0.51	-0.9	-0.76	-0.49	-0.65	0.66	0.11	0.85	0.33	0.48	-0.04	0.95	-0.38	0.21	-0.12	0.27	0.06	0.22	-0.28		0.19	-0.56
Non Current Liabilities Total	0.69	0.26	0.38	0.43	0.28	-0.05	-0.18	0.11	0.3	-0.31	-0.46	0.03	-0.23	0.64	-0.42	0.14	0.6	0.54	0.77	0.33	0.76	-0.55	0.07	0.19		0.22
Other Stockholder Equity	0.07	-0.74	-0.63	0.37	-0.49	0.67	0.14	0.85	0.32	-0.25	-0.16	-0.56	-0.23	-0.23	-0.18	-0.61	0.38	0.06	0.33	-0.45	0.05	-0.46	0.82	-0.56	0.22

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Midway Account Relationship Matchups

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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