Color Total Stockholder Equity vs Intangible Assets Analysis
ADD Stock | USD 5.30 0.11 2.03% |
Color Star financial indicator trend analysis is way more than just evaluating Color Star Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Color Star Technology is a good investment. Please check the relationship between Color Star Total Stockholder Equity and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Color Star Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Total Stockholder Equity vs Intangible Assets
Total Stockholder Equity vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Color Star Technology Total Stockholder Equity account and Intangible Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between Color Star's Total Stockholder Equity and Intangible Assets is 0.04. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Color Star Technology, assuming nothing else is changed. The correlation between historical values of Color Star's Total Stockholder Equity 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 Total Stockholder Equity of Color Star Technology 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 Total Stockholder Equity i.e., Color Star's Total Stockholder Equity and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.04 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
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.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Most indicators from Color Star's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Color Star Technology 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 Color Star Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. At present, Color Star's Enterprise Value is projected to decrease significantly based on the last few years of reporting.
Color Star fundamental ratios Correlations
Click cells to compare fundamentals
Color Star Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Color Star fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.1M | 81.1M | 53.5M | 30.0M | 27.6M | 26.2M | |
Total Current Liabilities | 528.8K | 4.1M | 5.0M | 5.3M | 9.1M | 8.6M | |
Total Stockholder Equity | 6.6M | 77.0M | 48.4M | 24.7M | 18.5M | 27.9M | |
Property Plant And Equipment Net | 4.0M | 9.2M | 30.2K | 17.0K | 112.5K | 106.8K | |
Retained Earnings | (61.9M) | (70.2M) | (147.4M) | (185.2M) | (212.1M) | (201.5M) | |
Non Current Assets Total | 4.0M | 73.4M | 25.6M | 14.0M | 17.1M | 15.7M | |
Common Stock Shares Outstanding | 291K | 1.7M | 3.9M | 9.2M | 38.1M | 40.0M | |
Liabilities And Stockholders Equity | 7.1M | 81.1M | 53.5M | 30.0M | 27.6M | 26.2M | |
Other Stockholder Equity | 68.5M | 147.7M | 195.7M | 213.1M | 228.5M | 239.9M | |
Total Liab | 528.8K | 4.1M | 5.0M | 5.3M | 9.1M | 8.6M | |
Short Long Term Debt Total | 26.1M | 30.0M | 352.17 | 580.0 | 1.1M | 1.0M | |
Other Current Liab | 528.8K | 527.8K | 1.2M | 2.1M | 4.7M | 3.6M | |
Net Debt | (988.7K) | (174.2K) | (872.0K) | (238.9K) | 1.1M | 1.0M | |
Cash | 988.7K | 174.2K | 872.3K | 239.5K | 20.2K | 19.2K | |
Cash And Short Term Investments | 988.7K | 174.2K | 872.3K | 239.5K | 20.2K | 19.2K | |
Net Receivables | 1M | 3.2M | 9.3M | 5.5M | 1.6M | 1.5M | |
Inventory | 427.2K | 511.2K | 2.3K | 8.9K | 8.0K | 7.6K | |
Other Current Assets | 1.2M | 2.6M | 4.7M | 20.7K | 8.8M | 14.1M | |
Total Current Assets | 3.2M | 7.6M | 27.9M | 16.0M | 10.5M | 9.9M | |
Accumulated Other Comprehensive Income | (1.2M) | (682.4K) | (33.0K) | (3.9M) | (9.8K) | (9.3K) | |
Short Term Debt | 26.1M | 30.0M | 352.17 | 580.0 | 1.1M | 1.0M | |
Common Stock | 25.6K | 110.4K | 192.8K | 647.6K | 2.1M | 2.2M | |
Net Tangible Assets | 520.8K | 6.6M | 64.7M | 22.9M | 26.3M | 23.0M | |
Net Invested Capital | 6.6M | 77.0M | 48.4M | 24.7M | 19.4M | 27.6M | |
Capital Stock | 25.6K | 110.4K | 192.8K | 647.6K | 2.1M | 2.2M | |
Net Working Capital | 2.6M | 3.5M | 22.8M | 10.7M | 1.4M | 1.3M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Color Star Technology is a strong investment it is important to analyze Color Star's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Color Star's future performance. For an informed investment choice regarding Color Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Color Star Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Color Star. If investors know Color will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Color Star listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (71.00) | Revenue Per Share 0.074 | Quarterly Revenue Growth 3.047 | Return On Assets (0.59) | Return On Equity (1.24) |
The market value of Color Star Technology is measured differently than its book value, which is the value of Color that is recorded on the company's balance sheet. Investors also form their own opinion of Color Star's value that differs from its market value or its book value, called intrinsic value, which is Color Star's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Color Star's market value can be influenced by many factors that don't directly affect Color Star's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Color Star's value and its price as these two are different measures arrived at by different means. Investors typically determine if Color Star is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Color Star's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.