AiMedia Other Assets vs Non Current Liabilities Total Analysis

AIM Stock   0.82  0.02  2.50%   
AiMedia Technologies financial indicator trend analysis is way more than just evaluating AiMedia Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AiMedia Technologies is a good investment. Please check the relationship between AiMedia Technologies Other Assets and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AiMedia Technologies. 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.

Other Assets vs Non Current Liabilities Total

Other Assets vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AiMedia Technologies Other Assets account and Non Current Liabilities Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between AiMedia Technologies' Other Assets and Non Current Liabilities Total is 0.79. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of AiMedia Technologies, assuming nothing else is changed. The correlation between historical values of AiMedia Technologies' Other Assets and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of AiMedia Technologies are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Other Assets i.e., AiMedia Technologies' Other Assets and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Assets

Non Current Liabilities Total

Most indicators from AiMedia Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AiMedia Technologies 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 AiMedia Technologies. 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.
At this time, AiMedia Technologies' Tax Provision is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 45.2 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 56.2 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization4.5M4.9M4.4M3.2M
Interest Income1.4M761.6K875.8K866.2K

AiMedia Technologies fundamental ratios Correlations

-0.20.160.50.980.850.730.980.89-0.7-0.930.80.91.00.040.980.910.980.990.99-0.770.780.390.070.660.85
-0.20.730.69-0.39-0.19-0.78-0.1-0.250.80.010.34-0.43-0.170.97-0.06-0.42-0.1-0.22-0.290.45-0.1-0.10.020.580.27
0.160.730.770.00.04-0.370.24-0.060.49-0.410.69-0.180.20.80.31-0.160.230.190.11-0.030.080.450.410.690.5
0.50.690.770.310.29-0.160.550.460.19-0.670.80.250.520.840.580.260.550.490.42-0.240.310.140.240.960.76
0.98-0.390.00.310.840.840.940.88-0.81-0.860.680.930.97-0.160.940.930.950.980.98-0.80.760.380.040.490.75
0.85-0.190.040.290.840.650.840.67-0.62-0.710.720.780.850.00.850.790.840.810.84-0.540.980.48-0.250.530.7
0.73-0.78-0.37-0.160.840.650.660.66-0.95-0.60.270.820.71-0.610.630.820.670.730.81-0.780.550.26-0.050.020.32
0.98-0.10.240.550.940.840.660.84-0.58-0.950.840.80.980.140.960.810.980.970.97-0.660.80.43-0.040.70.92
0.89-0.25-0.060.460.880.670.660.84-0.72-0.810.570.890.88-0.030.810.890.840.880.87-0.690.610.140.060.570.7
-0.70.80.490.19-0.81-0.62-0.95-0.58-0.720.5-0.18-0.88-0.670.65-0.59-0.88-0.61-0.69-0.750.78-0.51-0.14-0.020.03-0.23
-0.930.01-0.41-0.67-0.86-0.71-0.6-0.95-0.810.5-0.87-0.73-0.94-0.23-0.92-0.75-0.93-0.94-0.930.73-0.67-0.44-0.14-0.78-0.88
0.80.340.690.80.680.720.270.840.57-0.18-0.870.530.820.540.880.540.840.790.75-0.50.710.560.160.90.91
0.9-0.43-0.180.250.930.780.820.80.89-0.88-0.730.530.88-0.230.851.00.860.880.9-0.840.690.140.070.410.57
1.0-0.170.20.520.970.850.710.980.88-0.67-0.940.820.880.070.980.890.980.990.98-0.750.790.410.060.680.87
0.040.970.80.84-0.160.0-0.610.14-0.030.65-0.230.54-0.230.070.17-0.210.140.02-0.050.240.080.010.080.760.48
0.98-0.060.310.580.940.850.630.960.81-0.59-0.920.880.850.980.170.860.990.970.95-0.760.790.430.130.730.88
0.91-0.42-0.160.260.930.790.820.810.89-0.88-0.750.541.00.89-0.210.860.870.880.91-0.840.70.150.060.430.59
0.98-0.10.230.550.950.840.670.980.84-0.61-0.930.840.860.980.140.990.870.970.97-0.740.790.340.020.710.89
0.99-0.220.190.490.980.810.730.970.88-0.69-0.940.790.880.990.020.970.880.970.99-0.770.740.430.120.640.85
0.99-0.290.110.420.980.840.810.970.87-0.75-0.930.750.90.98-0.050.950.910.970.99-0.810.770.390.040.590.8
-0.770.45-0.03-0.24-0.8-0.54-0.78-0.66-0.690.780.73-0.5-0.84-0.750.24-0.76-0.84-0.74-0.77-0.81-0.46-0.26-0.46-0.34-0.43
0.78-0.10.080.310.760.980.550.80.61-0.51-0.670.710.690.790.080.790.70.790.740.77-0.460.51-0.260.560.68
0.39-0.10.450.140.380.480.260.430.14-0.14-0.440.560.140.410.010.430.150.340.430.39-0.260.510.270.270.38
0.070.020.410.240.04-0.25-0.05-0.040.06-0.02-0.140.160.070.060.080.130.060.020.120.04-0.46-0.260.270.13-0.02
0.660.580.690.960.490.530.020.70.570.03-0.780.90.410.680.760.730.430.710.640.59-0.340.560.270.130.86
0.850.270.50.760.750.70.320.920.7-0.23-0.880.910.570.870.480.880.590.890.850.8-0.430.680.38-0.020.86
Click cells to compare fundamentals

AiMedia Technologies Account Relationship Matchups

AiMedia Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets26.6M97.7M102.6M100.8M93.1M62.9M
Short Long Term Debt Total15.4M1.1M744.6K345.7K532.5K505.9K
Other Current Liab17.6M1.7M8.0M3.9M12.2M7.7M
Total Current Liabilities33.1M11.7M13.5M20.6M14.1M14.9M
Total Stockholder Equity(8.8M)79.0M79.0M77.1M75.9M43.6M
Other Liab732.9K7.5M9.8M3.0M3.4M3.9M
Net Tangible Assets(20.0M)22.8M18.6M17.8M20.5M21.5M
Property Plant And Equipment Net2.2M4.7M4.8M4.5M4.9M3.5M
Current Deferred Revenue167.8K8.0M8.0M15.5M4.3M5.0M
Net Debt12.4M(16.7M)(14.4M)(16.6M)(10.4M)(10.9M)
Retained Earnings(26.4M)(32.7M)(38.2M)(42.2M)(43.6M)(41.4M)
Accounts Payable1.6M1.1M1.8M948.7K1.6M1.1M
Cash3.0M17.9M15.2M17.0M10.9M10.7M
Non Current Assets Total16.8M65.9M72.7M69.8M66.4M41.7M
Non Currrent Assets Other78.4M7.1M7.5M6.0M5.3M5.0M
Other Assets3.3M7.1M7.5M6.0M6.9M4.0M
Cash And Short Term Investments3.3M18.1M15.5M17.1M11.1M10.8M
Net Receivables5.8M13.2M11.5M10.7M11.5M8.4M
Good Will5.7M37.1M43.3M45.0M45.0M24.4M
Long Term Debt Total1.5M259.2K331.8K152.6K137.3K130.5K
Liabilities And Stockholders Equity26.6M97.7M102.6M100.8M93.1M62.9M
Non Current Liabilities Total2.2M7.1M10.2M3.1M3.1M4.4M
Other Current Assets746.1K54.3K2.4M504.3K1.8M1.1M
Other Stockholder Equity8.7M1.2M7.2M9.2M10.6M5.4M
Total Liab35.4M18.7M23.7M23.7M17.2M19.3M
Total Current Assets9.8M31.8M30.0M31.0M26.8M21.1M
Accumulated Other Comprehensive Income8.7M1.2M7.2M9.2M9.2M7.9M
Short Term Debt13.9M873.4K412.8K193.1K241.3K229.2K
Intangible Assets5.5M17.1M17.1M14.3M11.2M10.0M
Property Plant Equipment2.2M4.7M4.8M4.5M5.2M3.5M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for AiMedia Stock Analysis

When running AiMedia Technologies' price analysis, check to measure AiMedia Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AiMedia Technologies is operating at the current time. Most of AiMedia Technologies' value examination focuses on studying past and present price action to predict the probability of AiMedia Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AiMedia Technologies' price. Additionally, you may evaluate how the addition of AiMedia Technologies to your portfolios can decrease your overall portfolio volatility.