Time Long Term Investments vs Non Current Assets Total Analysis

600551 Stock   8.54  0.04  0.47%   
Time Publishing financial indicator trend analysis is much more than just breaking down Time Publishing prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Time Publishing is a good investment. Please check the relationship between Time Publishing Long Term Investments and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Time Publishing and. 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 Investments vs Non Current Assets Total

Long Term Investments vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Time Publishing Long Term Investments account and Non Current Assets Total. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Time Publishing's Long Term Investments and Non Current Assets Total is 0.16. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Time Publishing and, assuming nothing else is changed. The correlation between historical values of Time Publishing's Long Term Investments and Non Current Assets Total 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 Investments of Time Publishing and are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Long Term Investments i.e., Time Publishing's Long Term Investments and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.16
Relationship DirectionPositive 
Relationship StrengthInsignificant

Long Term Investments

Long Term Investments is an item on the asset side of Time Publishing balance sheet that represents investments Time Publishing intends to hold for over a year. Time Publishing and long term investments may include different instruments such as stocks, bonds, real estate and cash.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Time Publishing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Time Publishing 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 Time Publishing and. 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.
The current year's Selling General Administrative is expected to grow to about 213.1 M, whereas Tax Provision is projected to grow to (83.1 M).
 2021 2022 2023 2024 (projected)
Operating Income338.4M372.9M403.1M210.5M
Total Revenue7.9B7.6B8.6B9.1B

Time Publishing fundamental ratios Correlations

0.20.960.80.80.940.930.57-0.770.330.530.770.180.960.520.650.380.580.72-0.250.110.190.57-0.60.05-0.66
0.20.00.550.50.10.040.65-0.480.240.450.580.220.010.380.540.330.42-0.12-0.20.290.01-0.34-0.160.51-0.14
0.960.00.660.690.970.90.45-0.660.30.520.620.131.00.440.520.310.50.71-0.28-0.050.080.67-0.55-0.07-0.64
0.80.550.660.920.70.690.72-0.770.390.570.970.280.670.640.830.470.710.6-0.140.220.260.38-0.380.25-0.46
0.80.50.690.920.670.770.71-0.590.110.710.90.10.690.60.610.150.470.75-0.420.180.080.53-0.620.3-0.73
0.940.10.970.70.670.80.47-0.730.470.480.640.140.980.50.610.440.650.6-0.15-0.070.150.54-0.41-0.05-0.51
0.930.040.90.690.770.80.46-0.580.020.510.660.080.890.390.440.110.280.86-0.350.130.160.72-0.73-0.01-0.8
0.570.650.450.720.710.470.46-0.590.220.570.760.140.450.520.620.290.490.3-0.310.230.020.08-0.340.78-0.42
-0.77-0.48-0.66-0.77-0.59-0.73-0.58-0.59-0.55-0.49-0.79-0.51-0.68-0.35-0.94-0.83-0.75-0.270.1-0.15-0.11-0.160.27-0.090.26
0.330.240.30.390.110.470.020.22-0.55-0.170.380.150.330.570.570.740.9-0.240.440.250.36-0.310.22-0.060.41
0.530.450.520.570.710.480.510.57-0.49-0.170.570.260.510.050.50.130.140.48-0.74-0.33-0.520.54-0.470.23-0.72
0.770.580.620.970.90.640.660.76-0.790.380.570.340.630.630.850.490.70.53-0.240.350.160.31-0.450.33-0.46
0.180.220.130.280.10.140.080.14-0.510.150.260.340.14-0.250.560.650.36-0.04-0.07-0.01-0.150.050.12-0.040.08
0.960.011.00.670.690.980.890.45-0.680.330.510.630.140.450.540.340.530.7-0.26-0.040.090.65-0.53-0.07-0.62
0.520.380.440.640.60.50.390.52-0.350.570.050.63-0.250.450.380.140.670.250.090.480.39-0.01-0.260.22-0.14
0.650.540.520.830.610.610.440.62-0.940.570.50.850.560.540.380.850.80.22-0.040.130.10.14-0.110.15-0.13
0.380.330.310.470.150.440.110.29-0.830.740.130.490.650.340.140.850.8-0.180.220.10.12-0.180.19-0.040.27
0.580.420.50.710.470.650.280.49-0.750.90.140.70.360.530.670.80.80.050.240.260.31-0.080.050.090.13
0.72-0.120.710.60.750.60.860.3-0.27-0.240.480.53-0.040.70.250.22-0.180.05-0.28-0.090.190.89-0.59-0.01-0.79
-0.25-0.2-0.28-0.14-0.42-0.15-0.35-0.310.10.44-0.74-0.24-0.07-0.260.09-0.040.220.24-0.280.020.79-0.360.7-0.190.73
0.110.29-0.050.220.18-0.070.130.23-0.150.25-0.330.35-0.01-0.040.480.130.10.26-0.090.020.33-0.39-0.390.250.02
0.190.010.080.260.080.150.160.02-0.110.36-0.520.16-0.150.090.390.10.120.310.190.790.33-0.110.160.010.22
0.57-0.340.670.380.530.540.720.08-0.16-0.310.540.310.050.65-0.010.14-0.18-0.080.89-0.36-0.39-0.11-0.42-0.25-0.69
-0.6-0.16-0.55-0.38-0.62-0.41-0.73-0.340.270.22-0.47-0.450.12-0.53-0.26-0.110.190.05-0.590.7-0.390.16-0.42-0.130.86
0.050.51-0.070.250.3-0.05-0.010.78-0.09-0.060.230.33-0.04-0.070.220.15-0.040.09-0.01-0.190.250.01-0.25-0.13-0.18
-0.66-0.14-0.64-0.46-0.73-0.51-0.8-0.420.260.41-0.72-0.460.08-0.62-0.14-0.130.270.13-0.790.730.020.22-0.690.86-0.18
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Time Publishing Account Relationship Matchups

Time Publishing fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.8B7.0B7.4B7.7B9.2B9.7B
Other Current Liab559.1M564.2M640.2M642.3M58.5M55.6M
Total Current Liabilities2.1B2.1B2.3B2.3B3.4B3.6B
Total Stockholder Equity4.6B4.8B5.0B5.3B5.7B2.9B
Retained Earnings2.9B3.1B3.4B3.6B3.8B1.9B
Accounts Payable1.3B1.4B1.4B1.5B1.9B2.0B
Cash2.0B2.1B2.1B2.3B3.2B3.3B
Other Assets411.8M414.0M725.9M300.5M345.6M262.1M
Net Receivables1.2B670.4M590.8M671.8M660.8M725.2M
Short Term Investments517.7M512.6M661.4M700.3M663.8M360.8M
Inventory1.2B1.2B1.3B1.1B1.3B727.5M
Other Current Assets244.9M250.4M370.2M306.0M416.7M233.7M
Total Liab2.2B2.2B2.4B2.4B3.5B3.7B
Intangible Assets106.9M100.8M89.3M84.5M81.5M56.9M
Property Plant Equipment667.0M621.6M571.8M539.4M620.3M559.1M
Other Liab104.5M96.6M94.4M88.4M101.7M69.7M
Net Tangible Assets4.5B4.7B4.9B5.2B5.9B5.1B
Deferred Long Term Liab5.9M5.5M3.7M2.5M2.2M4.2M
Total Current Assets5.2B5.1B5.4B5.8B7.2B5.9B
Non Current Assets Total1.7B1.9B2.1B1.9B2.0B1.6B
Non Currrent Assets Other145.5M122.0M404.9M3.0M650.0K617.5K
Non Current Liabilities Total104.5M96.6M95.6M91.4M91.0M85.4M
Short Long Term Debt149.9M62.4M95.1M46.5M521.2M547.3M
Net Invested Capital4.7B4.8B5.1B5.3B6.2B5.6B
Net Working Capital3.0B3.0B3.1B3.5B3.9B3.5B

Currently Active Assets on Macroaxis

Other Information on Investing in Time Stock

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