601929 Stock | | | 1.85 0.04 2.21% |
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 Long Term Debt and its Intangible Assets 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.
Long Term Debt vs Intangible Assets
Long Term Debt vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
JiShi Media Long Term Debt account and
Intangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between JiShi Media's Long Term Debt and Intangible Assets is 0.76. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Intangible Assets 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 Long Term Debt and Intangible Assets 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 JiShi Media Co are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Long Term Debt i.e., JiShi Media's Long Term Debt and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.76 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Long Term Debt
Long-term debt is a debt that JiShi Media has held for over one year. Long-term debt appears on JiShi Media Co 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 JiShi Media Co 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.
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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.