Wanda Total Assets vs Total Current Assets Analysis

002739 Stock   13.54  0.54  4.15%   
Wanda Cinema financial indicator trend analysis is more than just analyzing Wanda Cinema Line current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wanda Cinema Line is a good investment. Please check the relationship between Wanda Cinema Total Assets and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Wanda Cinema Line. 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 Assets vs Total Current Assets

Total Assets vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wanda Cinema Line Total Assets account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Wanda Cinema's Total Assets and Total Current Assets is 0.71. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Wanda Cinema Line, assuming nothing else is changed. The correlation between historical values of Wanda Cinema's Total Assets and Total 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 Total Assets of Wanda Cinema Line are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Assets i.e., Wanda Cinema's Total Assets and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Wanda Cinema assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Wanda Cinema Line books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Wanda Cinema's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wanda Cinema Line 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 Wanda Cinema Line. 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.
As of December 11, 2024, Selling General Administrative is expected to decline to about 899.6 M. The current year's Tax Provision is expected to grow to about (102 M)
 2021 2022 2023 2024 (projected)
Research Development27.1M29.5M31.4M31.4M
Reconciled Depreciation1.2B1.2B1.3B922.0M

Wanda Cinema fundamental ratios Correlations

0.630.920.88-0.210.920.750.980.830.820.80.950.980.930.650.780.79-0.03-0.74-0.410.910.850.820.710.850.58
0.630.70.720.350.590.440.660.620.450.630.490.670.46-0.080.520.720.02-0.290.220.510.30.60.370.290.09
0.920.70.81-0.230.930.710.920.810.850.870.880.920.890.520.630.710.1-0.77-0.340.910.840.950.820.870.39
0.880.720.810.210.80.630.920.830.620.690.690.940.720.310.860.950.06-0.53-0.040.820.650.670.540.640.4
-0.210.35-0.230.21-0.25-0.37-0.10.09-0.41-0.2-0.45-0.09-0.43-0.730.010.360.030.560.8-0.2-0.38-0.35-0.44-0.53-0.18
0.920.590.930.8-0.250.680.920.90.930.890.880.90.950.590.620.640.32-0.65-0.510.910.860.890.910.880.46
0.750.440.710.63-0.370.680.690.40.550.480.730.750.720.470.770.460.01-0.65-0.350.520.530.630.550.590.12
0.980.660.920.92-0.10.920.690.870.790.770.90.980.910.570.790.85-0.01-0.68-0.30.940.850.790.690.820.53
0.830.620.810.830.090.90.40.870.790.830.720.820.780.430.540.760.33-0.42-0.30.90.780.750.770.740.58
0.820.450.850.62-0.410.930.550.790.790.940.830.780.930.610.430.440.38-0.66-0.670.830.830.880.930.880.42
0.80.630.870.69-0.20.890.480.770.830.940.770.790.820.450.440.550.39-0.6-0.50.80.720.920.880.80.44
0.950.490.880.69-0.450.880.730.90.720.830.770.870.940.790.640.59-0.1-0.78-0.590.850.860.810.730.880.62
0.980.670.920.94-0.090.90.750.980.820.780.790.870.890.520.850.860.02-0.71-0.280.890.80.80.680.80.46
0.930.460.890.72-0.430.950.720.910.780.930.820.940.890.710.650.570.14-0.72-0.60.870.90.830.840.90.47
0.65-0.080.520.31-0.730.590.470.570.430.610.450.790.520.710.380.22-0.13-0.69-0.810.650.730.530.570.820.73
0.780.520.630.860.010.620.770.790.540.430.440.640.850.650.380.81-0.12-0.5-0.080.60.460.470.340.50.28
0.790.720.710.950.360.640.460.850.760.440.550.590.860.570.220.81-0.15-0.420.160.750.560.530.330.50.44
-0.030.020.10.060.030.320.01-0.010.330.380.39-0.10.020.14-0.13-0.12-0.150.18-0.310.080.030.260.560.13-0.17
-0.74-0.29-0.77-0.530.56-0.65-0.65-0.68-0.42-0.66-0.6-0.78-0.71-0.72-0.69-0.5-0.420.180.49-0.72-0.74-0.75-0.59-0.83-0.41
-0.410.22-0.34-0.040.8-0.51-0.35-0.3-0.3-0.67-0.5-0.59-0.28-0.6-0.81-0.080.16-0.310.49-0.39-0.53-0.47-0.67-0.65-0.51
0.910.510.910.82-0.20.910.520.940.90.830.80.850.890.870.650.60.750.08-0.72-0.390.930.840.780.920.61
0.850.30.840.65-0.380.860.530.850.780.830.720.860.80.90.730.460.560.03-0.74-0.530.930.780.770.940.6
0.820.60.950.67-0.350.890.630.790.750.880.920.810.80.830.530.470.530.26-0.75-0.470.840.780.90.870.38
0.710.370.820.54-0.440.910.550.690.770.930.880.730.680.840.570.340.330.56-0.59-0.670.780.770.90.860.36
0.850.290.870.64-0.530.880.590.820.740.880.80.880.80.90.820.50.50.13-0.83-0.650.920.940.870.860.6
0.580.090.390.4-0.180.460.120.530.580.420.440.620.460.470.730.280.44-0.17-0.41-0.510.610.60.380.360.6
Click cells to compare fundamentals

Wanda Cinema Account Relationship Matchups

Wanda Cinema fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets26.5B23.5B29.2B26.7B25.1B19.0B
Other Current Liab3.2B3.8B2.8B2.9B207.4M197.0M
Total Current Liabilities9.9B12.9B9.5B9.5B7.4B6.7B
Total Stockholder Equity13.8B10.1B8.9B7.1B8.0B8.4B
Retained Earnings3.7B(3.0B)(4.0B)(5.9B)(5.5B)(5.2B)
Accounts Payable1.7B1.8B1.8B1.3B1.4B1.1B
Cash2.5B5.0B4.0B3.1B3.2B2.8B
Other Assets4.7B4.3B4.5B4.0B4.6B3.3B
Net Receivables2.8B1.8B2.5B1.3B1.6B1.4B
Inventory2.2B1.8B1.6B1.7B1.5B892.1M
Other Current Assets1.9B1.4B1.3B1.5B476.9M748.1M
Total Liab12.3B13.2B20.1B19.5B16.9B10.5B
Intangible Assets1.1B955.4M877.2M848.4M847.0M666.9M
Common Stock1.8B2.1B2.2B2.2B2.5B1.5B
Property Plant Equipment3.1B2.6B9.8B9.2B10.5B11.0B
Other Liab301.4M286.0M251.5M233.7M268.7M301.1M
Good Will8.0B4.6B4.3B4.3B4.4B4.7B
Net Tangible Assets4.8B4.6B3.7B2.0B2.3B3.5B
Long Term Debt3.8B2.1B2.2B2.2B2.2B2.1B
Other Stockholder Equity2.4M82.0M(187.9M)(95.6M)(86.0M)(81.7M)
Deferred Long Term Liab4.1B3.8B3.8B3.5B4.0B3.8B
Short Long Term Debt3.5B4.6B3.1B3.7B1.4B2.6B
Total Current Assets9.3B10.6B9.4B8.1B7.6B8.2B
Non Current Assets Total17.2B12.9B19.7B18.6B17.5B19.0B
Non Currrent Assets Other273.5M218.5M345.0M86.9M65.4M62.1M
Non Current Liabilities Total2.4B288.4M10.6B10.0B9.6B5.8B
Non Current Liabilities Other267.1M270.3M204.5M206.2M231.2M200.4M
Net Debt4.7B3.1B1.2B2.7B399.3M379.4M
Net Invested Capital19.4B14.8B14.2B13.0B11.6B12.3B
Net Working Capital(617.5M)(2.3B)(97.4M)(1.4B)208.0M218.4M

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Other Information on Investing in Wanda Stock

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