Ciwen Short Term Investments vs Other Current Assets Analysis

002343 Stock

7.10 0.06 0.85%

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 Short Term Investments and its Other Current Assets 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.

Short Term Investments vs Other Current Assets

Short Term Investments vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ciwen Media Short Term Investments account and Other Current Assets. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Ciwen Media's Short Term Investments and Other Current Assets is 0.42. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Other Current Assets 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 Short Term Investments and Other Current 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 Short Term Investments of Ciwen Media Co are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Short Term Investments i.e., Ciwen Media's Short Term Investments and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.42

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Short Term Investments

Short Term Investments is an item under the current assets section of Ciwen Media balance sheet. It contains any investments Ciwen Media Co undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Ciwen Media can easily liquidate in the marketplace.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

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 Short Term Investments vs Other Current Assets Analysis

Short Term Investments vs Other Current Assets

Short Term Investments vs Other Current Assets Correlation Analysis

Correlation Coefficient

Short Term Investments

Other Current Assets

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