Atresmedia Short Term Debt vs Selling General Administrative Analysis

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 Short Term Debt and its Selling General Administrative 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.

Short Term Debt vs Selling General Administrative

Short Term Debt vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Atresmedia Short Term Debt account and Selling General Administrative. At this time, the significance of the direction appears to have pay attention.
The correlation between Atresmedia's Short Term Debt and Selling General Administrative is -0.82. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Atresmedia, assuming nothing else is changed. The correlation between historical values of Atresmedia's Short Term Debt and Selling General Administrative 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 Debt of Atresmedia are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Short Term Debt i.e., Atresmedia's Short Term Debt and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

-0.82
Relationship DirectionNegative 
Relationship StrengthSignificant

Short Term Debt

Selling General Administrative

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
 2019 2020 2023 2024 (projected)
Interest Income9.4M4.4M5.1M8.1M
Tax Provision38.8M10.0M9.0M8.5M

Atresmedia fundamental ratios Correlations

-0.260.590.61-0.36-0.540.52-0.26-0.55-0.39-0.670.360.970.35-0.26-0.77-0.52-0.52-0.240.430.70.970.540.54-0.45-0.45
-0.26-0.8-0.87-0.230.81-0.871.00.790.930.79-0.8-0.35-0.940.960.440.820.670.64-0.8-0.54-0.35-0.09-0.70.670.56
0.59-0.80.75-0.15-0.940.96-0.8-0.95-0.83-0.730.880.570.93-0.87-0.63-0.63-0.78-0.850.950.890.570.540.95-0.91-0.72
0.61-0.870.750.16-0.780.81-0.88-0.76-0.88-0.920.70.710.79-0.77-0.63-0.93-0.67-0.460.660.610.710.080.66-0.59-0.51
-0.36-0.23-0.150.160.23-0.21-0.240.250.050.12-0.22-0.30.04-0.120.570.00.520.25-0.16-0.45-0.3-0.7-0.150.360.64
-0.540.81-0.94-0.780.23-0.970.81.00.910.76-0.97-0.58-0.920.850.730.740.890.88-0.92-0.87-0.58-0.5-0.920.950.82
0.52-0.870.960.81-0.21-0.97-0.87-0.97-0.93-0.80.930.550.96-0.91-0.73-0.76-0.88-0.840.940.840.550.50.88-0.9-0.83
-0.261.0-0.8-0.88-0.240.8-0.870.790.930.79-0.8-0.35-0.930.960.440.830.660.63-0.8-0.53-0.35-0.09-0.690.660.55
-0.550.79-0.95-0.760.251.0-0.970.790.890.75-0.95-0.59-0.920.850.730.720.890.88-0.94-0.87-0.59-0.56-0.920.950.82
-0.390.93-0.83-0.880.050.91-0.930.930.890.88-0.92-0.48-0.90.880.630.90.860.73-0.79-0.72-0.48-0.19-0.770.810.76
-0.670.79-0.73-0.920.120.76-0.80.790.750.88-0.71-0.75-0.70.690.730.950.790.44-0.61-0.69-0.75-0.2-0.640.630.67
0.36-0.80.880.7-0.22-0.970.93-0.8-0.95-0.92-0.710.410.88-0.83-0.64-0.7-0.88-0.930.860.840.410.370.9-0.96-0.84
0.97-0.350.570.71-0.3-0.580.55-0.35-0.59-0.48-0.750.410.39-0.31-0.79-0.66-0.58-0.230.430.651.00.450.51-0.44-0.46
0.35-0.940.930.790.04-0.920.96-0.93-0.92-0.9-0.70.880.39-0.99-0.53-0.7-0.74-0.810.960.70.390.390.84-0.83-0.68
-0.260.96-0.87-0.77-0.120.85-0.910.960.850.880.69-0.83-0.31-0.990.440.70.690.74-0.92-0.6-0.31-0.32-0.770.750.61
-0.770.44-0.63-0.630.570.73-0.730.440.730.630.73-0.64-0.79-0.530.440.650.790.5-0.59-0.77-0.79-0.59-0.590.660.84
-0.520.82-0.63-0.930.00.74-0.760.830.720.90.95-0.7-0.66-0.70.70.650.770.39-0.57-0.53-0.66-0.08-0.540.560.59
-0.520.67-0.78-0.670.520.89-0.880.660.890.860.79-0.88-0.58-0.740.690.790.770.73-0.76-0.81-0.58-0.53-0.710.860.92
-0.240.64-0.85-0.460.250.88-0.840.630.880.730.44-0.93-0.23-0.810.740.50.390.73-0.86-0.83-0.23-0.47-0.90.950.77
0.43-0.80.950.66-0.16-0.920.94-0.8-0.94-0.79-0.610.860.430.96-0.92-0.59-0.57-0.76-0.860.760.430.630.87-0.88-0.73
0.7-0.540.890.61-0.45-0.870.84-0.53-0.87-0.72-0.690.840.650.7-0.6-0.77-0.53-0.81-0.830.760.650.580.92-0.93-0.83
0.97-0.350.570.71-0.3-0.580.55-0.35-0.59-0.48-0.750.411.00.39-0.31-0.79-0.66-0.58-0.230.430.650.450.51-0.44-0.46
0.54-0.090.540.08-0.7-0.50.5-0.09-0.56-0.19-0.20.370.450.39-0.32-0.59-0.08-0.53-0.470.630.580.450.49-0.56-0.6
0.54-0.70.950.66-0.15-0.920.88-0.69-0.92-0.77-0.640.90.510.84-0.77-0.59-0.54-0.71-0.90.870.920.510.49-0.95-0.71
-0.450.67-0.91-0.590.360.95-0.90.660.950.810.63-0.96-0.44-0.830.750.660.560.860.95-0.88-0.93-0.44-0.56-0.950.86
-0.450.56-0.72-0.510.640.82-0.830.550.820.760.67-0.84-0.46-0.680.610.840.590.920.77-0.73-0.83-0.46-0.6-0.710.86
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Atresmedia Account Relationship Matchups

Atresmedia fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.4B1.3B1.3B1.2B1.1B
Short Long Term Debt Total190.2M308.7M284.1M235.2M270.5M246.8M
Total Current Liabilities486.3M495.5M488.2M528.6M475.7M448.1M
Total Stockholder Equity446.2M420.6M438.2M466.3M419.6M366.2M
Retained Earnings234.5M259.2M335.5M353.5M406.6M308.1M
Cash25.0M85.6M85.8M172.8M198.7M208.6M
Other Assets202.3M208.3M189.2M182.8M164.5M176.0M
Long Term Debt190.2M308.7M281.5M232.4M267.3M245.6M
Cash And Short Term Investments25.0M106.7M105.4M185.9M213.7M224.4M
Net Receivables278.1M288.4M298.3M299.0M343.8M305.0M
Inventory5.4M7.4M11.0M10.9M9.8M9.3M
Other Current Assets324.7M293.5M274.2M263.2M302.7M242.6M
Other Stockholder Equity3.6M5.6M11.2M130.2M149.7M157.2M
Total Liab903.2M938.0M844.3M852.7M980.6M952.7M
Total Current Assets699.5M762.4M854.8M825.2M949.0M832.8M
Short Term Debt58.2M11.1M8.0M114K102.6K97.5K
Intangible Assets135.5M147.3M120.0M115.7M104.1M104.7M
Property Plant Equipment48.2M43.5M41.2M39.1M35.2M37.8M
Other Current Liab111.3M81.4M113.9M115.4M103.9M93.9M
Other Liab73.9M122.0M112.4M109.7M126.1M99.9M
Net Tangible Assets155.0M193.1M265.8M404.4M465.1M248.3M
Accounts Payable337.6M356.3M352.5M311.1M280.0M279.9M

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