JiShi Total Current Assets vs Total Assets Analysis

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 Total Current Assets and its Total 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.

Total Current Assets vs Total Assets

Total Current Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JiShi Media Total Current Assets account and Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between JiShi Media's Total Current Assets and Total Assets is -0.43. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total 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 Total Current Assets and Total 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 Total Current Assets of JiShi Media Co are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Current Assets i.e., JiShi Media's Total Current Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.43
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Total Assets

Total assets refers to the total amount of JiShi Media assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in JiShi Media books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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).
 2021 2022 2023 2024 (projected)
Research Development62.1M66.8M62.8M61.6M
Minority Interest673.2K3.5M3.4M3.2M

JiShi Media fundamental ratios Correlations

0.510.910.940.940.770.140.930.870.890.980.70.960.750.910.960.68-0.640.770.72-0.330.65-0.430.710.83-0.83
0.510.490.570.60.390.210.360.250.590.520.580.40.390.450.350.920.2-0.010.110.420.17-0.060.310.16-0.23
0.910.490.790.870.79-0.050.880.720.850.890.610.920.630.780.890.64-0.630.740.66-0.310.75-0.40.750.86-0.84
0.940.570.790.880.730.240.810.690.840.910.750.790.670.910.860.74-0.450.620.56-0.220.46-0.440.520.64-0.65
0.940.60.870.880.820.020.910.780.840.930.710.890.610.90.910.68-0.540.770.75-0.340.52-0.470.770.79-0.83
0.770.390.790.730.82-0.040.790.560.630.760.640.720.380.710.760.52-0.40.750.77-0.320.29-0.390.680.68-0.65
0.140.21-0.050.240.02-0.04-0.170.140.20.140.090.050.550.04-0.060.260.22-0.2-0.150.12-0.240.3-0.19-0.210.2
0.930.360.880.810.910.79-0.170.860.770.910.620.940.570.850.970.51-0.730.880.82-0.410.66-0.510.770.9-0.89
0.870.250.720.690.780.560.140.860.710.850.480.940.760.730.890.4-0.760.80.8-0.440.66-0.320.730.84-0.83
0.890.590.850.840.840.630.20.770.710.930.560.840.780.870.790.68-0.510.620.47-0.210.59-0.470.490.68-0.68
0.980.520.890.910.930.760.140.910.850.930.580.940.80.920.930.65-0.620.770.67-0.320.61-0.530.670.8-0.8
0.70.580.610.750.710.640.090.620.480.560.580.580.310.560.630.69-0.260.420.55-0.110.33-0.140.480.52-0.54
0.960.40.920.790.890.720.050.940.940.840.940.580.760.820.950.55-0.740.820.78-0.40.74-0.390.790.9-0.89
0.750.390.630.670.610.380.550.570.760.780.80.310.760.60.650.47-0.490.470.37-0.230.53-0.330.410.54-0.53
0.910.450.780.910.90.710.040.850.730.870.920.560.820.60.880.6-0.540.730.59-0.30.48-0.540.550.69-0.69
0.960.350.890.860.910.76-0.060.970.890.790.930.630.950.650.880.53-0.730.850.78-0.40.69-0.450.790.88-0.87
0.680.920.640.740.680.520.260.510.40.680.650.690.550.470.60.530.040.140.230.350.31-0.050.350.32-0.33
-0.640.2-0.63-0.45-0.54-0.40.22-0.73-0.76-0.51-0.62-0.26-0.74-0.49-0.54-0.730.04-0.87-0.730.79-0.790.58-0.57-0.90.86
0.77-0.010.740.620.770.75-0.20.880.80.620.770.420.820.470.730.850.14-0.870.89-0.740.57-0.60.70.91-0.89
0.720.110.660.560.750.77-0.150.820.80.470.670.550.780.370.590.780.23-0.730.89-0.640.48-0.40.80.87-0.85
-0.330.42-0.31-0.22-0.34-0.320.12-0.41-0.44-0.21-0.32-0.11-0.4-0.23-0.3-0.40.350.79-0.74-0.64-0.370.56-0.4-0.640.65
0.650.170.750.460.520.29-0.240.660.660.590.610.330.740.530.480.690.31-0.790.570.48-0.37-0.390.590.82-0.78
-0.43-0.06-0.4-0.44-0.47-0.390.3-0.51-0.32-0.47-0.53-0.14-0.39-0.33-0.54-0.45-0.050.58-0.6-0.40.56-0.39-0.19-0.520.52
0.710.310.750.520.770.68-0.190.770.730.490.670.480.790.410.550.790.35-0.570.70.8-0.40.59-0.190.78-0.79
0.830.160.860.640.790.68-0.210.90.840.680.80.520.90.540.690.880.32-0.90.910.87-0.640.82-0.520.78-0.98
-0.83-0.23-0.84-0.65-0.83-0.650.2-0.89-0.83-0.68-0.8-0.54-0.89-0.53-0.69-0.87-0.330.86-0.89-0.850.65-0.780.52-0.79-0.98
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JiShi Media Account Relationship Matchups

JiShi Media fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.2B14.2B15.2B14.7B14.4B10.4B
Other Current Liab1.3B1.4B1.0B1.0B918.9K873.0K
Total Current Liabilities3.2B2.9B4.5B4.3B3.1B2.6B
Total Stockholder Equity7.0B6.9B7.0B7.0B6.6B5.4B
Other Liab288.9M280.7M255.3M231.3M266.0M174.8M
Accounts Payable1.7B1.0B1.3B1.5B1.6B1.2B
Cash1.2B561.0M1.2B389.9M577.1M949.8M
Other Assets1.4B1.4B1.4B1.4B1.6B1.0B
Long Term Debt3.7B4.0B3.3B3.1B4.3B2.3B
Net Receivables331.5M344.2M421.5M399.1M339.5M287.5M
Inventory875.0M955.5M974.4M1.0B1.1B617.5M
Other Current Assets379.7M316.9M298.9M242.9M164.2M217.7M
Total Liab7.1B7.2B8.2B7.7B7.8B4.9B
Intangible Assets182.1M249.7M261.7M268.2M250.8M184.0M
Common Stock3.1B3.1B3.1B3.3B3.8B2.5B
Property Plant Equipment8.9B9.3B9.6B9.8B11.3B6.1B
Retained Earnings2.8B2.8B2.8B2.4B255.1M242.3M
Net Tangible Assets6.7B6.6B6.7B6.6B7.6B7.1B
Deferred Long Term Liab868.9M823.6M733.4M751.9M864.7M816.9M
Total Current Assets2.8B2.2B2.9B2.1B2.2B2.0B
Non Current Assets Total11.3B11.9B12.2B12.6B12.2B12.1B
Non Currrent Assets Other6.4M5.8M6.4M6.3M5.6M5.4M
Non Current Liabilities Total4.0B4.3B3.7B3.4B4.7B3.5B
Net Debt2.6B3.9B2.7B3.3B4.0B2.9B
Common Stock Shares Outstanding3.1B3.1B3.1B3.3B3.5B3.5B
Other Stockholder Equity135.5M95.8M112.8M48.0M43.2M41.1M
Net Invested Capital10.7B11.4B10.8B10.6B11.2B11.4B
Net Working Capital(347.2M)(675.2M)(1.5B)(2.1B)(891.6M)(936.2M)
Capital Stock3.1B3.1B3.1B3.3B3.5B3.5B

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.