Oriental Common Stock vs Accounts Payable Analysis

002175 Stock   4.52  0.26  5.44%   
Oriental Times financial indicator trend analysis is much more than just breaking down Oriental Times Media prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oriental Times Media is a good investment. Please check the relationship between Oriental Times Common Stock and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Oriental Times Media. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Common Stock vs Accounts Payable

Common Stock vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oriental Times Media Common Stock account and Accounts Payable. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Oriental Times' Common Stock and Accounts Payable is -0.06. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Oriental Times Media, assuming nothing else is changed. The correlation between historical values of Oriental Times' Common Stock and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Oriental Times Media are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Common Stock i.e., Oriental Times' Common Stock and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.06
Relationship DirectionNegative 
Relationship StrengthInsignificant

Common Stock

Accounts Payable

An accounting item on the balance sheet that represents Oriental Times 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 Oriental Times Media 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.
Most indicators from Oriental Times' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oriental Times Media 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Oriental Times Media. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Selling General Administrative is expected to grow to about 47.9 M, whereas Tax Provision is forecasted to decline to about 2.6 M.
 2023 2024 (projected)
Minority Interest945.9K898.6K
Research Development4.9M7.1M

Oriental Times fundamental ratios Correlations

0.550.590.740.080.30.80.860.860.840.86-0.10.890.850.680.820.070.620.730.380.260.720.720.470.610.25
0.550.580.29-0.090.030.370.240.170.350.61-0.160.450.320.520.170.00.450.13-0.05-0.150.360.690.150.510.03
0.590.58-0.080.53-0.10.510.330.440.440.59-0.240.460.430.970.35-0.020.540.3-0.44-0.10.460.760.070.47-0.06
0.740.29-0.08-0.440.530.510.750.640.590.670.160.670.680.020.690.020.30.640.860.420.590.310.590.330.41
0.08-0.090.53-0.44-0.70.15-0.020.180.12-0.13-0.480.110.010.590.10.490.56-0.2-0.63-0.49-0.080.22-0.610.36-0.65
0.30.03-0.10.53-0.70.280.40.40.370.440.520.230.45-0.080.36-0.81-0.440.750.550.90.340.10.94-0.390.95
0.80.370.510.510.150.280.810.80.90.61-0.170.940.590.640.64-0.060.470.770.180.250.340.360.350.220.26
0.860.240.330.75-0.020.40.810.90.820.640.080.840.710.460.87-0.030.380.810.450.450.510.310.540.260.41
0.860.170.440.640.180.40.80.90.90.62-0.020.80.790.60.93-0.110.40.850.320.520.510.490.530.30.4
0.840.350.440.590.120.370.90.820.90.56-0.120.880.750.620.73-0.130.410.820.240.450.340.480.470.290.38
0.860.610.590.67-0.130.440.610.640.620.560.030.710.740.580.62-0.110.480.660.420.230.880.750.560.490.32
-0.1-0.16-0.240.16-0.480.52-0.170.08-0.02-0.120.03-0.070.02-0.290.06-0.53-0.340.150.160.51-0.07-0.240.44-0.480.55
0.890.450.460.670.110.230.940.840.80.880.71-0.070.680.590.690.090.640.710.320.180.450.450.320.390.17
0.850.320.430.680.010.450.590.710.790.750.740.020.680.530.69-0.120.380.760.420.490.70.70.610.470.41
0.680.520.970.020.59-0.080.640.460.60.620.58-0.290.590.530.480.010.60.42-0.38-0.030.420.750.090.48-0.04
0.820.170.350.690.10.360.640.870.930.730.620.060.690.690.48-0.020.40.690.370.430.520.460.480.350.32
0.070.0-0.020.020.49-0.81-0.06-0.03-0.11-0.13-0.11-0.530.09-0.120.01-0.020.62-0.460.01-0.780.050.02-0.70.67-0.85
0.620.450.540.30.56-0.440.470.380.40.410.48-0.340.640.380.60.40.620.06-0.03-0.490.360.54-0.340.73-0.53
0.730.130.30.64-0.20.750.770.810.850.820.660.150.710.760.420.69-0.460.060.480.760.550.350.820.00.72
0.38-0.05-0.440.86-0.630.550.180.450.320.240.420.160.320.42-0.380.370.01-0.030.480.410.510.010.550.120.4
0.26-0.15-0.10.42-0.490.90.250.450.520.450.230.510.180.49-0.030.43-0.78-0.490.760.410.20.040.9-0.410.95
0.720.360.460.59-0.080.340.340.510.510.340.88-0.070.450.70.420.520.050.360.550.510.20.690.520.580.23
0.720.690.760.310.220.10.360.310.490.480.75-0.240.450.70.750.460.020.540.350.010.040.690.280.730.05
0.470.150.070.59-0.610.940.350.540.530.470.560.440.320.610.090.48-0.7-0.340.820.550.90.520.28-0.150.94
0.610.510.470.330.36-0.390.220.260.30.290.49-0.480.390.470.480.350.670.730.00.12-0.410.580.73-0.15-0.43
0.250.03-0.060.41-0.650.950.260.410.40.380.320.550.170.41-0.040.32-0.85-0.530.720.40.950.230.050.94-0.43
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Oriental Times Account Relationship Matchups

Oriental Times fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets662.7M615.0M616.5M660.4M714.5M910.9M
Other Current Liab23.8M24.8M16.0M20.4M3.8M3.6M
Total Current Liabilities342.3M1.2B112.0M67.7M88.0M83.6M
Total Stockholder Equity170.7M(904.4M)324.9M488.9M579.8M426.6M
Other Liab125.2M322.2M177.5M103.1M118.6M67.6M
Retained Earnings(920.3M)(2.0B)(1.6B)(1.5B)(1.5B)(1.4B)
Accounts Payable46.9M51.8M35.7M32.7M36.4M62.9M
Cash16.1M71.8M77.1M124.2M113.7M130.0M
Other Assets12.8M45.6M42.3M15.5M17.8M16.9M
Net Receivables120.0M45.8M42.4M45.6M38.0M36.1M
Inventory87.1M63.4M86.5M92.4M82.4M93.0M
Other Current Assets37.1M7.1M6.3M5.0M2.6M2.5M
Total Liab492.0M1.5B291.6M172.3M136.3M129.5M
Intangible Assets41.3M38.3M40.5M42.0M43.2M57.8M
Property Plant Equipment351.9M326.1M324.1M335.2M385.5M248.3M
Net Tangible Assets132.9M(940.2M)287.0M450.3M405.2M425.5M
Deferred Long Term Liab3.5M2.5M7.5M8.8M7.9M7.5M
Short Long Term Debt216.4M212.9M49.2M8.5M7.7M7.3M
Total Current Assets260.3M207.5M212.3M271.0M254.7M408.6M
Non Current Assets Total402.4M407.5M404.2M389.4M459.8M591.4M
Non Currrent Assets Other1.4M402.4M31.8M24.9M28.6M27.2M
Non Current Liabilities Total149.7M322.2M179.6M104.5M48.3M45.9M
Non Current Liabilities Other102M303.2M159.5M86.5M2.3M2.2M
Net Invested Capital411.6M(691.6M)374.1M488.9M588.4M375.1M
Net Working Capital(82.0M)(989.7M)100.3M203.3M166.7M175.0M

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Other Information on Investing in Oriental Stock

Balance Sheet is a snapshot of the financial position of Oriental Times Media at a specified time, usually calculated after every quarter, six months, or one year. Oriental Times Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Oriental Times 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 Oriental currently owns. An asset can also be divided into two categories, current and non-current.