601900 Stock | | | 14.44 0.47 3.15% |
Southern PublishingMedia financial indicator trend analysis is much more than just breaking down Southern PublishingMedia prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Southern PublishingMedia is a good investment. Please check the relationship between Southern PublishingMedia Net Tangible Assets and its Total Stockholder Equity accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Southern PublishingMedia Co. 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.
Net Tangible Assets vs Total Stockholder Equity
Net Tangible Assets vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Southern PublishingMedia Net Tangible Assets account and
Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Southern PublishingMedia's Net Tangible Assets and Total Stockholder Equity is 0.92. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Southern PublishingMedia Co, assuming nothing else is changed. The correlation between historical values of Southern PublishingMedia's Net Tangible Assets and Total Stockholder Equity 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 Southern PublishingMedia Co are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Net Tangible Assets i.e., Southern PublishingMedia's Net Tangible Assets and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
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.
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Southern PublishingMedia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Southern PublishingMedia 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 Southern PublishingMedia Co. 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.
As of November 26, 2024,
Selling General Administrative is expected to decline to about 967.8
M. The current year's
Tax Provision is expected to grow to about (84.8
M)
Southern PublishingMedia fundamental ratios Correlations
Click cells to compare fundamentals
Southern PublishingMedia Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Southern PublishingMedia fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Southern Stock
Balance Sheet is a snapshot of the
financial position of Southern PublishingMedia at a specified time, usually calculated after every quarter, six months, or one year. Southern PublishingMedia Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Southern PublishingMedia 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 Southern currently owns. An asset can also be divided into two categories, current and non-current.