Oriental Total Current Liabilities vs Intangible Assets 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 Total Current Liabilities and its Intangible Assets 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.

Total Current Liabilities vs Intangible Assets

Total Current Liabilities vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oriental Times Media Total Current Liabilities account and Intangible Assets. At this time, the significance of the direction appears to have weak relationship.

The correlation between Oriental Times' Total Current Liabilities and Intangible Assets is 0.35. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Intangible Assets 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' Total Current Liabilities and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Oriental Times Media are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Current Liabilities i.e., Oriental Times' Total Current Liabilities and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.35

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Total Current Liabilities

Total Current Liabilities is an item on Oriental Times balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Oriental Times Media 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.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

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 Interest	945.9K	898.6K
Research Development	4.9M	7.1M

Minority Interest Research Development

Oriental Times fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Good Will	Net Tangible Assets	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total
Total Assets		0.55	0.59	0.74	0.08	0.3	0.8	0.86	0.86	0.84	0.86	-0.1	0.89	0.85	0.68	0.82	0.07	0.62	0.73	0.38	0.26	0.72	0.72	0.47	0.61	0.25
Other Current Liab	0.55		0.58	0.29	-0.09	0.03	0.37	0.24	0.17	0.35	0.61	-0.16	0.45	0.32	0.52	0.17	0.0	0.45	0.13	-0.05	-0.15	0.36	0.69	0.15	0.51	0.03
Total Current Liabilities	0.59	0.58		-0.08	0.53	-0.1	0.51	0.33	0.44	0.44	0.59	-0.24	0.46	0.43	0.97	0.35	-0.02	0.54	0.3	-0.44	-0.1	0.46	0.76	0.07	0.47	-0.06
Total Stockholder Equity	0.74	0.29	-0.08		-0.44	0.53	0.51	0.75	0.64	0.59	0.67	0.16	0.67	0.68	0.02	0.69	0.02	0.3	0.64	0.86	0.42	0.59	0.31	0.59	0.33	0.41
Other Liab	0.08	-0.09	0.53	-0.44		-0.7	0.15	-0.02	0.18	0.12	-0.13	-0.48	0.11	0.01	0.59	0.1	0.49	0.56	-0.2	-0.63	-0.49	-0.08	0.22	-0.61	0.36	-0.65
Retained Earnings	0.3	0.03	-0.1	0.53	-0.7		0.28	0.4	0.4	0.37	0.44	0.52	0.23	0.45	-0.08	0.36	-0.81	-0.44	0.75	0.55	0.9	0.34	0.1	0.94	-0.39	0.95
Accounts Payable	0.8	0.37	0.51	0.51	0.15	0.28		0.81	0.8	0.9	0.61	-0.17	0.94	0.59	0.64	0.64	-0.06	0.47	0.77	0.18	0.25	0.34	0.36	0.35	0.22	0.26
Cash	0.86	0.24	0.33	0.75	-0.02	0.4	0.81		0.9	0.82	0.64	0.08	0.84	0.71	0.46	0.87	-0.03	0.38	0.81	0.45	0.45	0.51	0.31	0.54	0.26	0.41
Other Assets	0.86	0.17	0.44	0.64	0.18	0.4	0.8	0.9		0.9	0.62	-0.02	0.8	0.79	0.6	0.93	-0.11	0.4	0.85	0.32	0.52	0.51	0.49	0.53	0.3	0.4
Long Term Debt	0.84	0.35	0.44	0.59	0.12	0.37	0.9	0.82	0.9		0.56	-0.12	0.88	0.75	0.62	0.73	-0.13	0.41	0.82	0.24	0.45	0.34	0.48	0.47	0.29	0.38
Net Receivables	0.86	0.61	0.59	0.67	-0.13	0.44	0.61	0.64	0.62	0.56		0.03	0.71	0.74	0.58	0.62	-0.11	0.48	0.66	0.42	0.23	0.88	0.75	0.56	0.49	0.32
Short Term Investments	-0.1	-0.16	-0.24	0.16	-0.48	0.52	-0.17	0.08	-0.02	-0.12	0.03		-0.07	0.02	-0.29	0.06	-0.53	-0.34	0.15	0.16	0.51	-0.07	-0.24	0.44	-0.48	0.55
Inventory	0.89	0.45	0.46	0.67	0.11	0.23	0.94	0.84	0.8	0.88	0.71	-0.07		0.68	0.59	0.69	0.09	0.64	0.71	0.32	0.18	0.45	0.45	0.32	0.39	0.17
Other Current Assets	0.85	0.32	0.43	0.68	0.01	0.45	0.59	0.71	0.79	0.75	0.74	0.02	0.68		0.53	0.69	-0.12	0.38	0.76	0.42	0.49	0.7	0.7	0.61	0.47	0.41
Total Liab	0.68	0.52	0.97	0.02	0.59	-0.08	0.64	0.46	0.6	0.62	0.58	-0.29	0.59	0.53		0.48	0.01	0.6	0.42	-0.38	-0.03	0.42	0.75	0.09	0.48	-0.04
Intangible Assets	0.82	0.17	0.35	0.69	0.1	0.36	0.64	0.87	0.93	0.73	0.62	0.06	0.69	0.69	0.48		-0.02	0.4	0.69	0.37	0.43	0.52	0.46	0.48	0.35	0.32
Common Stock	0.07	0.0	-0.02	0.02	0.49	-0.81	-0.06	-0.03	-0.11	-0.13	-0.11	-0.53	0.09	-0.12	0.01	-0.02		0.62	-0.46	0.01	-0.78	0.05	0.02	-0.7	0.67	-0.85
Property Plant Equipment	0.62	0.45	0.54	0.3	0.56	-0.44	0.47	0.38	0.4	0.41	0.48	-0.34	0.64	0.38	0.6	0.4	0.62		0.06	-0.03	-0.49	0.36	0.54	-0.34	0.73	-0.53
Good Will	0.73	0.13	0.3	0.64	-0.2	0.75	0.77	0.81	0.85	0.82	0.66	0.15	0.71	0.76	0.42	0.69	-0.46	0.06		0.48	0.76	0.55	0.35	0.82	0.0	0.72
Net Tangible Assets	0.38	-0.05	-0.44	0.86	-0.63	0.55	0.18	0.45	0.32	0.24	0.42	0.16	0.32	0.42	-0.38	0.37	0.01	-0.03	0.48		0.41	0.51	0.01	0.55	0.12	0.4
Deferred Long Term Liab	0.26	-0.15	-0.1	0.42	-0.49	0.9	0.25	0.45	0.52	0.45	0.23	0.51	0.18	0.49	-0.03	0.43	-0.78	-0.49	0.76	0.41		0.2	0.04	0.9	-0.41	0.95
Long Term Investments	0.72	0.36	0.46	0.59	-0.08	0.34	0.34	0.51	0.51	0.34	0.88	-0.07	0.45	0.7	0.42	0.52	0.05	0.36	0.55	0.51	0.2		0.69	0.52	0.58	0.23
Short Long Term Debt	0.72	0.69	0.76	0.31	0.22	0.1	0.36	0.31	0.49	0.48	0.75	-0.24	0.45	0.7	0.75	0.46	0.02	0.54	0.35	0.01	0.04	0.69		0.28	0.73	0.05
Total Current Assets	0.47	0.15	0.07	0.59	-0.61	0.94	0.35	0.54	0.53	0.47	0.56	0.44	0.32	0.61	0.09	0.48	-0.7	-0.34	0.82	0.55	0.9	0.52	0.28		-0.15	0.94
Short Term Debt	0.61	0.51	0.47	0.33	0.36	-0.39	0.22	0.26	0.3	0.29	0.49	-0.48	0.39	0.47	0.48	0.35	0.67	0.73	0.0	0.12	-0.41	0.58	0.73	-0.15		-0.43
Non Current Assets Total	0.25	0.03	-0.06	0.41	-0.65	0.95	0.26	0.41	0.4	0.38	0.32	0.55	0.17	0.41	-0.04	0.32	-0.85	-0.53	0.72	0.4	0.95	0.23	0.05	0.94	-0.43

Click cells to compare fundamentals

Oriental Times Account Relationship Matchups

Oriental Times fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	662.7M	615.0M	616.5M	660.4M	714.5M	910.9M
Other Current Liab	23.8M	24.8M	16.0M	20.4M	3.8M	3.6M
Total Current Liabilities	342.3M	1.2B	112.0M	67.7M	88.0M	83.6M
Total Stockholder Equity	170.7M	(904.4M)	324.9M	488.9M	579.8M	426.6M
Other Liab	125.2M	322.2M	177.5M	103.1M	118.6M	67.6M
Retained Earnings	(920.3M)	(2.0B)	(1.6B)	(1.5B)	(1.5B)	(1.4B)
Accounts Payable	46.9M	51.8M	35.7M	32.7M	36.4M	62.9M
Cash	16.1M	71.8M	77.1M	124.2M	113.7M	130.0M
Other Assets	12.8M	45.6M	42.3M	15.5M	17.8M	16.9M
Net Receivables	120.0M	45.8M	42.4M	45.6M	38.0M	36.1M
Inventory	87.1M	63.4M	86.5M	92.4M	82.4M	93.0M
Other Current Assets	37.1M	7.1M	6.3M	5.0M	2.6M	2.5M
Total Liab	492.0M	1.5B	291.6M	172.3M	136.3M	129.5M
Intangible Assets	41.3M	38.3M	40.5M	42.0M	43.2M	57.8M
Property Plant Equipment	351.9M	326.1M	324.1M	335.2M	385.5M	248.3M
Net Tangible Assets	132.9M	(940.2M)	287.0M	450.3M	405.2M	425.5M
Deferred Long Term Liab	3.5M	2.5M	7.5M	8.8M	7.9M	7.5M
Short Long Term Debt	216.4M	212.9M	49.2M	8.5M	7.7M	7.3M
Total Current Assets	260.3M	207.5M	212.3M	271.0M	254.7M	408.6M
Non Current Assets Total	402.4M	407.5M	404.2M	389.4M	459.8M	591.4M
Non Currrent Assets Other	1.4M	402.4M	31.8M	24.9M	28.6M	27.2M
Non Current Liabilities Total	149.7M	322.2M	179.6M	104.5M	48.3M	45.9M
Non Current Liabilities Other	102M	303.2M	159.5M	86.5M	2.3M	2.2M
Net Invested Capital	411.6M	(691.6M)	374.1M	488.9M	588.4M	375.1M
Net Working Capital	(82.0M)	(989.7M)	100.3M	203.3M	166.7M	175.0M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Oriental Total Current Liabilities vs Intangible Assets Analysis

Total Current Liabilities vs Intangible Assets

Total Current Liabilities vs Intangible Assets Correlation Analysis

Correlation Coefficient

Total Current Liabilities

Intangible Assets

Oriental Times fundamental ratios Correlations

Oriental Times Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Oriental Times fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in Oriental Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 0.97	Total Current Liabilities
Non Current Assets Total	+ 0.95	Retained Earnings
Non Current Assets Total	+ 0.95	Deferred Long Term Liab
Total Current Assets	+ 0.94	Retained Earnings
Inventory	+ 0.94	Accounts Payable
Non Current Assets Total	+ 0.94	Total Current Assets

Non Current Assets Total	- 0.85	Common Stock
Common Stock	- 0.81	Retained Earnings
Deferred Long Term Liab	- 0.78	Common Stock
Total Current Assets	- 0.7	Common Stock
Retained Earnings	- 0.7	Other Liab
Non Current Assets Total	- 0.65	Other Liab