Oriental Good Will vs Long Term Debt Analysis

002175 Stock   4.31  0.20  4.43%   
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 Good Will and its Long Term Debt 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.

Good Will vs Long Term Debt

Good Will vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oriental Times Media Good Will account and Long Term Debt. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Oriental Times' Good Will and Long Term Debt is 0.82. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Long Term Debt 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' Good Will and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Oriental Times Media are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Good Will i.e., Oriental Times' Good Will and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Long Term Debt

Long-term debt is a debt that Oriental Times Media has held for over one year. Long-term debt appears on Oriental Times Media balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Oriental Times Media balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
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.