Omnijoi Net Tangible Assets vs Property Plant Equipment Analysis

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 Net Tangible Assets and its Property Plant Equipment 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.

Net Tangible Assets vs Property Plant Equipment

Net Tangible Assets vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Omnijoi Media Corp Net Tangible Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have pay attention.
The correlation between Omnijoi Media's Net Tangible Assets and Property Plant Equipment is -0.91. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Property Plant Equipment 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 Net Tangible Assets and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Omnijoi Media Corp are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Tangible Assets i.e., Omnijoi Media's Net Tangible Assets and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

-0.91
Relationship DirectionNegative 
Relationship StrengthSignificant

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Property Plant Equipment

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)
 2021 2023 2024 (projected)
Other Operating Expenses27.1M24.4M28.0M
Gross Profit564.5M167.8M159.4M

Omnijoi Media fundamental ratios Correlations

0.70.890.12-0.310.740.370.910.450.430.360.360.410.82-0.320.860.580.59-0.35-0.89-0.550.210.840.440.65-0.84
0.70.870.09-0.150.610.150.580.460.440.150.550.620.62-0.010.570.040.330.0-0.58-0.20.350.650.580.29-0.66
0.890.87-0.01-0.390.850.190.820.440.320.180.640.470.81-0.330.810.420.69-0.33-0.82-0.540.060.850.50.49-0.9
0.120.09-0.010.88-0.10.580.210.680.560.370.070.52-0.450.67-0.08-0.54-0.440.78-0.050.680.34-0.10.78-0.540.18
-0.31-0.15-0.390.88-0.420.3-0.230.520.430.3-0.110.35-0.750.76-0.51-0.8-0.750.910.430.920.28-0.470.52-0.740.57
0.740.610.85-0.1-0.420.210.810.310.00.20.570.230.73-0.530.70.430.8-0.35-0.72-0.610.040.640.330.38-0.72
0.370.150.190.580.30.210.370.190.430.18-0.250.00.00.190.3-0.040.050.31-0.470.070.450.160.6-0.04-0.11
0.910.580.820.21-0.230.810.370.460.190.390.490.460.7-0.340.850.50.65-0.26-0.88-0.50.190.740.440.42-0.76
0.450.460.440.680.520.310.190.460.610.660.440.550.020.30.13-0.25-0.040.38-0.190.280.120.220.7-0.18-0.16
0.430.440.320.560.430.00.430.190.610.32-0.080.330.050.310.18-0.16-0.220.26-0.170.260.130.380.630.11-0.22
0.360.150.180.370.30.20.180.390.660.320.00.110.120.020.050.04-0.020.12-0.080.020.280.010.170.090.07
0.360.550.640.07-0.110.57-0.250.490.44-0.080.00.630.290.00.39-0.020.46-0.03-0.4-0.13-0.230.440.44-0.13-0.55
0.410.620.470.520.350.230.00.460.550.330.110.630.110.390.29-0.27-0.130.4-0.320.320.310.330.63-0.18-0.34
0.820.620.81-0.45-0.750.730.00.70.020.050.120.290.11-0.640.820.770.76-0.71-0.76-0.850.070.8-0.030.87-0.84
-0.32-0.01-0.330.670.76-0.530.19-0.340.30.310.020.00.39-0.64-0.39-0.77-0.70.840.30.820.38-0.380.49-0.640.44
0.860.570.81-0.08-0.510.70.30.850.130.180.050.390.290.82-0.390.630.77-0.5-0.94-0.670.050.930.30.61-0.93
0.580.040.42-0.54-0.80.43-0.040.5-0.25-0.160.04-0.02-0.270.77-0.770.630.7-0.91-0.6-0.91-0.240.56-0.410.88-0.61
0.590.330.69-0.44-0.750.80.050.65-0.04-0.22-0.020.46-0.130.76-0.70.770.7-0.73-0.73-0.88-0.320.7-0.020.52-0.79
-0.350.0-0.330.780.91-0.350.31-0.260.380.260.12-0.030.4-0.710.84-0.5-0.91-0.730.380.920.49-0.510.57-0.790.56
-0.89-0.58-0.82-0.050.43-0.72-0.47-0.88-0.19-0.17-0.08-0.4-0.32-0.760.3-0.94-0.6-0.730.380.62-0.17-0.83-0.41-0.530.87
-0.55-0.2-0.540.680.92-0.610.07-0.50.280.260.02-0.130.32-0.850.82-0.67-0.91-0.880.920.620.24-0.610.36-0.810.68
0.210.350.060.340.280.040.450.190.120.130.28-0.230.310.070.380.05-0.24-0.320.49-0.170.24-0.140.290.00.16
0.840.650.85-0.1-0.470.640.160.740.220.380.010.440.330.8-0.380.930.560.7-0.51-0.83-0.61-0.140.340.61-0.97
0.440.580.50.780.520.330.60.440.70.630.170.440.63-0.030.490.3-0.41-0.020.57-0.410.360.290.34-0.32-0.31
0.650.290.49-0.54-0.740.38-0.040.42-0.180.110.09-0.13-0.180.87-0.640.610.880.52-0.79-0.53-0.810.00.61-0.32-0.61
-0.84-0.66-0.90.180.57-0.72-0.11-0.76-0.16-0.220.07-0.55-0.34-0.840.44-0.93-0.61-0.790.560.870.680.16-0.97-0.31-0.61
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Omnijoi Media Account Relationship Matchups

Omnijoi Media fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.6B2.4B3.1B2.8B2.5B2.4B
Other Current Liab713.1M769.6M682.5M926.0M6.7M6.4M
Total Current Liabilities1.2B1.4B1.3B1.2B606.7M860.6M
Total Stockholder Equity1.4B975.2M577.5M217.6M725.1M887.5M
Retained Earnings131.4M(257.1M)(654.7M)(1.1B)(545.1M)(517.9M)
Accounts Payable213.0M348.2M309.0M193.4M165.8M190.1M
Cash448.2M565.1M403.2M277.8M439.8M485.1M
Other Assets211.3M211.3M208.9M181.9M209.1M181.2M
Net Receivables476.1M379.1M262.8M183.8M165.1M261.0M
Inventory575.6M531.4M344.7M299.4M185.4M360.2M
Other Current Assets307.7M163.3M172.1M165.2M59.6M56.6M
Total Liab1.2B1.4B2.6B2.6B1.8B1.2B
Intangible Assets26.6M8.1M1.3M709.3K568.7K540.3K
Property Plant Equipment412.3M368.6M343.8M1.5B1.7B1.8B
Other Liab16.6M51.0M79.6M52.8M60.7M63.7M
Net Tangible Assets1.3B953.3M562.4M207.8M187.0M177.6M
Other Stockholder Equity(72.4K)(239.3K)(313.1K)(363.0K)(326.7K)(310.4K)
Deferred Long Term Liab174.3M166.9M163.8M179.3M161.4M140.7M
Total Current Assets1.9B1.7B1.3B975.1M965.1M1.2B
Non Current Assets Total695.5M629.3M1.8B1.8B1.6B1.3B
Non Currrent Assets Other42.5M42.2M23.7M22.2M68.4M94.3M
Non Current Liabilities Total51.0M79.6M1.3B1.4B1.2B1.2B
Net Invested Capital1.4B975.2M577.5M217.6M725.1M824.1M
Net Working Capital681.7M361.9M1.9M(272.1M)358.4M294.0M
Non Current Liabilities Other9.2M21.1M13.0M13.0M12.6M13.4M

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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.