300528 Stock | | | 9.64 0.27 2.88% |
Omnijoi Media financial indicator trend analysis is much more than just breaking down Omnijoi Media Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Omnijoi Media Corp is a good investment. Please check the relationship between Omnijoi Media Long Term Debt and its Other Current Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Omnijoi Media Corp. 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.
Long Term Debt vs Other Current Liab
Long Term Debt vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Omnijoi Media Corp Long Term Debt account and
Other Current Liab. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Omnijoi Media's Long Term Debt and Other Current Liab is -0.58. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Omnijoi Media Corp, assuming nothing else is changed. The correlation between historical values of Omnijoi Media's Long Term Debt and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Omnijoi Media Corp are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Long Term Debt i.e., Omnijoi Media's Long Term Debt and Other Current Liab go up and down completely randomly.
Correlation Coefficient | -0.58 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Long Term Debt
Long-term debt is a debt that Omnijoi Media Corp has held for over one year. Long-term debt appears on Omnijoi Media Corp 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 Omnijoi Media Corp 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.
Other Current Liab
Most indicators from Omnijoi Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Omnijoi Media Corp 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 Omnijoi Media Corp. 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 November 27, 2024,
Selling General Administrative is expected to decline to about 19.8
M. The current year's
Tax Provision is expected to grow to about (5.4
M)
Omnijoi Media fundamental ratios Correlations
Click cells to compare fundamentals
Omnijoi Media Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Omnijoi Media fundamental ratios Accounts
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Other Information on Investing in Omnijoi Stock
Balance Sheet is a snapshot of the
financial position of Omnijoi Media Corp at a specified time, usually calculated after every quarter, six months, or one year. Omnijoi Media Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Omnijoi 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 Omnijoi currently owns. An asset can also be divided into two categories, current and non-current.