Ciwen Good Will vs Total Current Liabilities Analysis

002343 Stock

6.74 0.15 2.18%

Ciwen Media financial indicator trend analysis is way more than just evaluating Ciwen Media prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ciwen Media is a good investment. Please check the relationship between Ciwen Media Good Will and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ciwen Media Co. 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 Total Current Liabilities

Good Will vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ciwen Media Good Will account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.

The correlation between Ciwen Media's Good Will and Total Current Liabilities is 0.74. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Ciwen Media Co, assuming nothing else is changed. The correlation between historical values of Ciwen Media's Good Will and Total Current Liabilities 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 Ciwen Media Co are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Good Will i.e., Ciwen Media's Good Will and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.74

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

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.

Total Current Liabilities

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

Most indicators from Ciwen Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ciwen 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 Ciwen Media Co. 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 Tax Provision is expected to grow to about 12.9 M, whereas Selling General Administrative is forecasted to decline to about 10.9 M.

Ciwen Media 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	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Good Will	Short Term Investments	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Total Current Assets	Non Current Assets Total	Non Current Liabilities Total	Long Term Investments
Total Assets		0.84	0.91	0.85	0.35	0.67	0.66	0.86	0.18	0.74	0.9	0.64	-0.05	0.91	0.18	0.29	-0.42	0.81	-0.51	0.47	-0.34	0.88	0.92	0.15	0.0	0.29
Other Current Liab	0.84		0.95	0.55	0.36	0.44	0.48	0.75	0.21	0.71	0.73	0.81	-0.25	0.94	0.09	0.44	-0.55	0.73	-0.6	0.41	-0.16	0.78	0.77	-0.03	-0.08	0.25
Total Current Liabilities	0.91	0.95		0.64	0.32	0.55	0.67	0.78	0.16	0.73	0.89	0.77	-0.16	0.97	0.16	0.4	-0.52	0.74	-0.56	0.48	-0.35	0.91	0.88	0.01	-0.06	0.25
Total Stockholder Equity	0.85	0.55	0.64		0.02	0.59	0.62	0.85	0.18	0.46	0.76	0.45	0.12	0.58	0.07	0.26	-0.17	0.52	-0.33	0.54	-0.29	0.73	0.81	0.1	-0.09	0.4
Other Liab	0.35	0.36	0.32	0.02		0.42	0.01	0.1	-0.18	0.36	0.36	0.07	-0.18	0.53	0.33	0.04	-0.24	0.78	-0.26	-0.31	-0.23	0.1	0.08	0.37	0.39	-0.33
Retained Earnings	0.67	0.44	0.55	0.59	0.42		0.69	0.68	-0.51	0.65	0.66	-0.04	0.19	0.62	0.5	-0.37	0.24	0.73	0.21	-0.21	-0.75	0.57	0.69	0.78	0.68	-0.37
Accounts Payable	0.66	0.48	0.67	0.62	0.01	0.69		0.58	-0.24	0.61	0.76	0.27	0.37	0.61	0.33	-0.02	0.09	0.41	-0.02	0.19	-0.7	0.79	0.76	0.27	0.23	-0.1
Cash	0.86	0.75	0.78	0.85	0.1	0.68	0.58		0.08	0.66	0.74	0.47	-0.03	0.74	0.03	0.15	-0.2	0.65	-0.26	0.38	-0.33	0.79	0.87	0.26	0.09	0.26
Other Assets	0.18	0.21	0.16	0.18	-0.18	-0.51	-0.24	0.08		0.04	0.08	0.55	-0.39	0.09	-0.4	0.75	-0.75	-0.01	-0.79	0.76	0.76	0.19	0.0	-0.73	-0.85	0.86
Long Term Debt	0.74	0.71	0.73	0.46	0.36	0.65	0.61	0.66	0.04		0.63	0.34	-0.03	0.78	0.28	0.07	-0.22	0.76	-0.26	0.06	-0.3	0.77	0.64	0.35	0.28	-0.06
Net Receivables	0.9	0.73	0.89	0.76	0.36	0.66	0.76	0.74	0.08	0.63		0.6	-0.04	0.88	0.2	0.34	-0.42	0.73	-0.48	0.47	-0.52	0.91	0.87	0.09	-0.01	0.2
Inventory	0.64	0.81	0.77	0.45	0.07	-0.04	0.27	0.47	0.55	0.34	0.6		-0.33	0.68	-0.21	0.77	-0.81	0.37	-0.85	0.78	0.14	0.65	0.58	-0.57	-0.62	0.62
Other Current Assets	-0.05	-0.25	-0.16	0.12	-0.18	0.19	0.37	-0.03	-0.39	-0.03	-0.04	-0.33		-0.18	-0.26	-0.33	0.59	-0.17	0.42	-0.24	-0.34	-0.05	0.01	0.27	0.3	-0.29
Total Liab	0.91	0.94	0.97	0.58	0.53	0.62	0.61	0.74	0.09	0.78	0.88	0.68	-0.18		0.23	0.34	-0.51	0.87	-0.54	0.32	-0.37	0.84	0.81	0.14	0.07	0.13
Intangible Assets	0.18	0.09	0.16	0.07	0.33	0.5	0.33	0.03	-0.4	0.28	0.2	-0.21	-0.26	0.23		-0.36	0.27	0.33	0.26	-0.35	-0.4	0.1	0.18	0.52	0.52	-0.4
Common Stock	0.29	0.44	0.4	0.26	0.04	-0.37	-0.02	0.15	0.75	0.07	0.34	0.77	-0.33	0.34	-0.36		-0.81	0.14	-0.9	0.78	0.4	0.35	0.1	-0.79	-0.81	0.73
Property Plant Equipment	-0.42	-0.55	-0.52	-0.17	-0.24	0.24	0.09	-0.2	-0.75	-0.22	-0.42	-0.81	0.59	-0.51	0.27	-0.81		-0.36	0.94	-0.73	-0.37	-0.43	-0.25	0.63	0.7	-0.68
Good Will	0.81	0.73	0.74	0.52	0.78	0.73	0.41	0.65	-0.01	0.76	0.73	0.37	-0.17	0.87	0.33	0.14	-0.36		-0.4	0.05	-0.32	0.61	0.61	0.42	0.3	-0.03
Short Term Investments	-0.51	-0.6	-0.56	-0.33	-0.26	0.21	-0.02	-0.26	-0.79	-0.26	-0.48	-0.85	0.42	-0.54	0.26	-0.9	0.94	-0.4		-0.77	-0.37	-0.47	-0.29	0.66	0.73	-0.71
Net Tangible Assets	0.47	0.41	0.48	0.54	-0.31	-0.21	0.19	0.38	0.76	0.06	0.47	0.78	-0.24	0.32	-0.35	0.78	-0.73	0.05	-0.77		0.28	0.54	0.45	-0.71	-0.85	0.91
Other Stockholder Equity	-0.34	-0.16	-0.35	-0.29	-0.23	-0.75	-0.7	-0.33	0.76	-0.3	-0.52	0.14	-0.34	-0.37	-0.4	0.4	-0.37	-0.32	-0.37	0.28		-0.41	-0.5	-0.57	-0.62	0.54
Deferred Long Term Liab	0.88	0.78	0.91	0.73	0.1	0.57	0.79	0.79	0.19	0.77	0.91	0.65	-0.05	0.84	0.1	0.35	-0.43	0.61	-0.47	0.54	-0.41		0.89	0.0	-0.09	0.28
Total Current Assets	0.92	0.77	0.88	0.81	0.08	0.69	0.76	0.87	0.0	0.64	0.87	0.58	0.01	0.81	0.18	0.1	-0.25	0.61	-0.29	0.45	-0.5	0.89		0.18	0.06	0.21
Non Current Assets Total	0.15	-0.03	0.01	0.1	0.37	0.78	0.27	0.26	-0.73	0.35	0.09	-0.57	0.27	0.14	0.52	-0.79	0.63	0.42	0.66	-0.71	-0.57	0.0	0.18		0.95	-0.68
Non Current Liabilities Total	0.0	-0.08	-0.06	-0.09	0.39	0.68	0.23	0.09	-0.85	0.28	-0.01	-0.62	0.3	0.07	0.52	-0.81	0.7	0.3	0.73	-0.85	-0.62	-0.09	0.06	0.95		-0.85
Long Term Investments	0.29	0.25	0.25	0.4	-0.33	-0.37	-0.1	0.26	0.86	-0.06	0.2	0.62	-0.29	0.13	-0.4	0.73	-0.68	-0.03	-0.71	0.91	0.54	0.28	0.21	-0.68	-0.85

Click cells to compare fundamentals

Ciwen Media Account Relationship Matchups

Ciwen Media fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.6B	2.5B	1.8B	1.6B	1.3B	2.3B
Other Current Liab	132.3M	638.5M	494.2M	360.7M	28.2M	26.8M
Total Current Liabilities	933.2M	1.2B	795.2M	648.7M	266.3M	253.0M
Total Stockholder Equity	1.6B	1.1B	892.7M	939.3M	966.9M	1.2B
Other Liab	2.0M	1.8M	11.6M	3.5M	3.2M	3.0M
Retained Earnings	188.1M	(333.6M)	(567.6M)	(518.4M)	(529.6M)	(503.1M)
Accounts Payable	349.5M	228.5M	99.3M	177.9M	107.4M	102.0M
Cash	322.7M	383.0M	240.8M	369.7M	177.0M	168.2M
Other Assets	62.2M	35.5M	99.0M	97.9M	112.5M	118.2M
Long Term Debt	402M	136.7M	17.0M	16.6M	19.1M	18.1M
Net Receivables	1.1B	532.2M	234.7M	171.5M	200.6M	190.6M
Inventory	877.6M	1.2B	1.0B	797.5M	497.9M	606.4M
Other Current Assets	95.3M	72.3M	4.1M	7.7M	36.9M	49.4M
Total Liab	935.2M	1.3B	840.3M	652.2M	269.9M	256.4M
Intangible Assets	9.8M	5.6M	92.2K	34.0K	30.6K	29.1K
Property Plant Equipment	30.3M	27.9M	26.3M	23.9M	21.5M	20.4M
Net Tangible Assets	1.5B	1.1B	892.7M	939.3M	1.1B	1.1B
Other Stockholder Equity	(1.0M)	(424.3K)	6.8M	4.1M	4.7M	5.0M
Deferred Long Term Liab	4.2M	2.2M	279.1K	102.7K	92.5K	87.8K
Total Current Assets	2.4B	2.4B	1.6B	1.5B	937.1M	1.8B
Non Current Assets Total	233.3M	87.8M	154.2M	144.5M	330.6M	344.7M
Non Current Liabilities Total	2.0M	74.4M	45.1M	3.5M	3.6M	3.4M
Short Long Term Debt	346.4M	349.1M	169.2M	60M	35.6M	33.8M
Net Invested Capital	2.0B	1.5B	1.1B	999.3M	1.0B	1.4B
Net Working Capital	1.5B	1.1B	809.4M	829.4M	670.8M	951.9M

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.

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America

Other Information on Investing in Ciwen Stock

Balance Sheet is a snapshot of the financial position of Ciwen Media at a specified time, usually calculated after every quarter, six months, or one year. Ciwen Media Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ciwen Media 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 Ciwen 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

Ciwen Good Will vs Total Current Liabilities Analysis

Good Will vs Total Current Liabilities

Good Will vs Total Current Liabilities Correlation Analysis

Correlation Coefficient

Good Will

Total Current Liabilities

Ciwen Media fundamental ratios Correlations

Ciwen Media Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ciwen Media fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in Ciwen Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 0.97	Total Current Liabilities
Total Current Liabilities	+ 0.95	Other Current Liab
Non Current Liabilities Total	+ 0.95	Non Current Assets Total
Total Liab	+ 0.94	Other Current Liab
Short Term Investments	+ 0.94	Property Plant Equipment
Total Current Assets	+ 0.92	Total Assets

Short Term Investments	- 0.9	Common Stock
Long Term Investments	- 0.85	Non Current Liabilities Total
Non Current Liabilities Total	- 0.85	Net Tangible Assets
Short Term Investments	- 0.85	Inventory
Non Current Liabilities Total	- 0.85	Other Assets
Non Current Liabilities Total	- 0.81	Common Stock