0MJT Stock | | | 4.53 0.03 0.66% |
Atresmedia financial indicator trend analysis is way more than just evaluating Atresmedia prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Atresmedia is a good investment. Please check the relationship between Atresmedia Selling General Administrative and its Long Term Debt accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Atresmedia. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative vs Long Term Debt
Selling General Administrative vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Atresmedia Selling General Administrative account and
Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Atresmedia's Selling General Administrative and Long Term Debt is 0.63. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Atresmedia, assuming nothing else is changed. The correlation between historical values of Atresmedia's Selling General Administrative 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 Selling General Administrative of Atresmedia 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 Selling General Administrative i.e., Atresmedia's Selling General Administrative and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.63 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Selling General Administrative
Long Term Debt
Long-term debt is a debt that Atresmedia has held for over one year. Long-term debt appears on Atresmedia 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 Atresmedia 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 Atresmedia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Atresmedia 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 Atresmedia. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Tax Provision is likely to drop to about 8.5
M in 2024. Selling General Administrative is likely to drop to about 209.1
M in 2024
Atresmedia fundamental ratios Correlations
Click cells to compare fundamentals
Atresmedia Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Atresmedia fundamental ratios Accounts
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.
Additional Tools for Atresmedia Stock Analysis
When running Atresmedia's price analysis, check to
measure Atresmedia's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Atresmedia is operating at the current time. Most of Atresmedia's value examination focuses on studying past and present price action to
predict the probability of Atresmedia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atresmedia's price. Additionally, you may evaluate how the addition of Atresmedia to your portfolios can decrease your overall portfolio volatility.