Midnight Historical Balance Sheet
MMA Stock | CAD 0.52 0.02 3.70% |
Trend analysis of Midnight Sun Mining balance sheet accounts such as Net Debt of 370 K provides information on Midnight Sun's total assets, liabilities, and equity, which is the actual value of Midnight Sun Mining to its prevalent stockholders. By breaking down trends over time using Midnight Sun balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Midnight Sun Mining latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Midnight Sun Mining is a good buy for the upcoming year.
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About Midnight Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Midnight Sun Mining at a specified time, usually calculated after every quarter, six months, or one year. Midnight Sun Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Midnight Sun and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Midnight currently owns. An asset can also be divided into two categories, current and non-current.
Midnight Sun Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Midnight Sun assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Midnight Sun Mining books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Midnight Sun balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Midnight Sun Mining are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Accounts Payable
An accounting item on the balance sheet that represents Midnight Sun obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Midnight Sun Mining are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Most accounts from Midnight Sun's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Midnight Sun Mining current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Midnight Sun Mining. 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. At this time, Midnight Sun's Capital Lease Obligations is fairly stable compared to the past year.
2021 | 2022 | 2023 | 2024 (projected) | Total Current Liabilities | 172.0K | 478.7K | 417.1K | 281.4K | Total Assets | 20.8M | 10.7M | 14.0M | 7.4M |
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Midnight Sun balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 18.9M | 20.0M | 20.8M | 10.7M | 14.0M | 7.4M | |
Total Current Liabilities | 616.0K | 201.1K | 172.0K | 478.7K | 417.1K | 281.4K | |
Total Stockholder Equity | 10.8M | 12.3M | 14.6M | 4.6M | 11.2M | 11.8M | |
Net Debt | 34.1K | (1.0M) | (2.5M) | 17.9K | 352.4K | 370.0K | |
Retained Earnings | (7.2M) | (8.0M) | (8.3M) | (18.8M) | (13.8M) | (13.1M) | |
Accounts Payable | 467.5K | 179.6K | 81.1K | 343.1K | 110.5K | 105.0K | |
Cash | 7.0K | 1.1M | 2.6M | 40.5K | 23.9K | 22.7K | |
Non Current Assets Total | 18.8M | 17.8M | 18.1M | 10.5M | 13.9M | 7.7M | |
Cash And Short Term Investments | 7.0K | 1.4M | 2.6M | 40.5K | 23.9K | 22.7K | |
Net Receivables | 76.7K | 860.7K | 6.3K | 131.8K | 31.2K | 29.7K | |
Common Stock Shares Outstanding | 89.9M | 96.9M | 108.2M | 113.0M | 118.3M | 124.3M | |
Liabilities And Stockholders Equity | 18.9M | 20.0M | 20.8M | 10.7M | 14.0M | 7.4M | |
Other Stockholder Equity | (54K) | (33.5K) | 1.9M | 2.4M | 2.7M | 2.1M | |
Total Liab | 633.2K | 241.1K | 230.0K | 518.7K | 731.1K | 767.7K | |
Total Current Assets | 105.3K | 2.3M | 2.6M | 191.3K | 104.7K | 99.4K | |
Other Current Liab | 124.6K | 4.2K | 66.3K | 117.1K | 354.9K | 372.6K | |
Property Plant And Equipment Net | 18.8M | 17.8M | 17.6M | 10.0M | 371.3K | 352.8K | |
Common Stock | 16.3M | 16.6M | 18.5M | 21.0M | 22.1M | 13.8M | |
Net Tangible Assets | 10.8M | 12.3M | 14.6M | 4.6M | 5.3M | 7.3M | |
Other Current Assets | 21.6K | 26.0K | 65.1K | 19.1K | 49.6K | 37.0K | |
Property Plant Equipment | 18.8M | 17.8M | 17.6M | 10.0M | 11.5M | 9.6M | |
Accumulated Other Comprehensive Income | 1.5M | 1.9M | 1.9M | 2.4M | 2.9M | 1.7M | |
Non Currrent Assets Other | (54K) | (33.5K) | 175.4K | 13.0M | 14.9M | 15.6M | |
Net Invested Capital | 10.8M | 12.4M | 14.7M | 4.7M | 11.4M | 8.4M | |
Net Working Capital | (510.6K) | 2.1M | 2.5M | (287.3K) | (312.4K) | (296.8K) |
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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.