601929 Stock | | | 1.75 0.10 5.41% |
JiShi Media financial indicator trend analysis is infinitely more than just investigating JiShi Media recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JiShi Media is a good investment. Please check the relationship between JiShi Media Good Will and its Total Current Liabilities accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in JiShi Media 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 nation.
Good Will vs Total Current Liabilities
Good Will vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
JiShi Media Good Will account and
Total Current Liabilities. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between JiShi Media's Good Will and Total Current Liabilities is -0.63. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of JiShi Media Co, assuming nothing else is changed. The correlation between historical values of JiShi Media's Good Will and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of JiShi Media Co are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Good Will i.e., JiShi Media's Good Will and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.63 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Total Current Liabilities
Total Current Liabilities is an item on JiShi Media balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of JiShi Media Co are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from JiShi Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JiShi Media 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 JiShi Media 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 nation.
The current year's
Selling General Administrative is expected to grow to about 370.4
M, whereas
Tax Provision is projected to grow to (1.6
M).
JiShi Media fundamental ratios Correlations
Click cells to compare fundamentals
JiShi Media Account Relationship Matchups
High Positive Relationship
High Negative Relationship
JiShi Media fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in JiShi Stock
Balance Sheet is a snapshot of the
financial position of JiShi Media at a specified time, usually calculated after every quarter, six months, or one year. JiShi Media Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of JiShi 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 JiShi currently owns. An asset can also be divided into two categories, current and non-current.