AiMedia Selling General Administrative vs Income Tax Expense Analysis

AIM Stock   0.77  0.03  4.05%   
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 Selling General Administrative and its Income Tax Expense 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.

Selling General Administrative vs Income Tax Expense

Selling General Administrative vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AiMedia Technologies Selling General Administrative account and Income Tax Expense. At this time, the significance of the direction appears to have no relationship.
The correlation between AiMedia Technologies' Selling General Administrative and Income Tax Expense is 0.08. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Income Tax Expense 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' Selling General Administrative and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of AiMedia Technologies are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Selling General Administrative i.e., AiMedia Technologies' Selling General Administrative and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.08
Relationship DirectionPositive 
Relationship StrengthInsignificant

Selling General Administrative

Income Tax Expense

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
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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

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