ARHT Average Payables vs Free Cash Flow Yield Analysis

ART Stock

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ARHT Media financial indicator trend analysis is way more than just evaluating ARHT Media prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ARHT Media is a good investment. Please check the relationship between ARHT Media Average Payables and its Free Cash Flow Yield accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ARHT Media. 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.

Average Payables vs Free Cash Flow Yield

Average Payables vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ARHT Media Average Payables account and Free Cash Flow Yield. At this time, the significance of the direction appears to have very week relationship.

The correlation between ARHT Media's Average Payables and Free Cash Flow Yield is 0.25. Overlapping area represents the amount of variation of Average Payables that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of ARHT Media, assuming nothing else is changed. The correlation between historical values of ARHT Media's Average Payables and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Average Payables of ARHT Media are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Average Payables i.e., ARHT Media's Average Payables and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.25

Relationship Direction	Positive
Relationship Strength	Very Weak

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Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Most indicators from ARHT Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ARHT 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 ARHT Media. 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 is likely to drop to about 5.2 M in 2024. Discontinued Operations is likely to drop to about (92.1 K) in 2024

	2023	2024 (projected)
Interest Income	9.8K	8.7K
Reconciled Depreciation	1.4M	1.5M

Interest Income Reconciled Depreciation

ARHT Media fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Non Current Liabilities Total	Inventory	Other Current Assets	Net Tangible Assets	Short Long Term Debt	Short Term Debt	Common Stock	Short Term Investments	Intangible Assets
Total Assets		0.6	0.58	0.94	0.86	-0.46	-0.78	-0.13	0.43	0.86	-0.04	0.45	0.46	0.01	0.81	0.46	0.69	-0.18	0.25	0.92	0.27	0.15	0.15	-0.1	-0.21	-0.3
Other Current Liab	0.6		0.75	0.46	0.38	-0.13	-0.7	-0.32	-0.11	0.38	-0.41	-0.08	0.74	-0.46	0.89	0.52	0.6	-0.35	-0.26	0.82	-0.24	0.41	0.35	-0.51	-0.27	-0.47
Total Current Liabilities	0.58	0.75		0.3	0.29	-0.05	-0.84	0.24	0.13	0.29	0.14	0.17	0.71	0.09	0.63	0.88	0.7	-0.01	0.11	0.68	0.05	0.2	0.21	0.12	-0.23	0.09
Total Stockholder Equity	0.94	0.46	0.3		0.87	-0.6	-0.54	-0.28	0.48	0.87	-0.19	0.49	0.27	-0.14	0.72	0.12	0.54	-0.36	0.24	0.81	0.19	0.13	0.12	-0.22	-0.16	-0.44
Property Plant And Equipment Net	0.86	0.38	0.29	0.87		-0.22	-0.52	-0.2	0.19	1.0	-0.1	0.2	0.0	-0.08	0.64	0.24	0.22	-0.07	0.02	0.71	0.11	0.2	0.18	-0.2	-0.17	-0.28
Net Debt	-0.46	-0.13	-0.05	-0.6	-0.22		0.04	-0.1	-0.87	-0.22	0.19	-0.86	-0.17	0.1	-0.17	0.24	-0.52	0.67	-0.62	-0.29	-0.12	0.28	0.25	-0.04	0.04	0.21
Retained Earnings	-0.78	-0.7	-0.84	-0.54	-0.52	0.04		0.01	-0.11	-0.52	-0.24	-0.15	-0.76	-0.24	-0.8	-0.84	-0.78	-0.2	-0.08	-0.88	-0.38	-0.13	-0.13	-0.07	0.21	0.07
Accounts Payable	-0.13	-0.32	0.24	-0.28	-0.2	-0.1	0.01		0.41	-0.2	0.55	0.45	-0.16	0.64	-0.47	0.34	0.04	0.32	0.52	-0.3	0.31	-0.51	-0.45	0.79	0.04	0.71
Cash	0.43	-0.11	0.13	0.48	0.19	-0.87	-0.11	0.41		0.19	0.26	0.99	0.09	0.36	-0.04	-0.02	0.54	-0.31	0.83	0.18	0.38	-0.39	-0.32	0.46	-0.01	0.18
Non Current Assets Total	0.86	0.38	0.29	0.87	1.0	-0.22	-0.52	-0.2	0.19		-0.1	0.2	0.01	-0.09	0.64	0.24	0.23	-0.08	0.02	0.71	0.11	0.2	0.18	-0.2	-0.17	-0.28
Non Currrent Assets Other	-0.04	-0.41	0.14	-0.19	-0.1	0.19	-0.24	0.55	0.26	-0.1		0.24	-0.03	0.87	-0.34	0.39	0.11	0.63	0.3	-0.14	0.52	-0.39	-0.31	0.86	-0.01	0.72
Cash And Short Term Investments	0.45	-0.08	0.17	0.49	0.2	-0.86	-0.15	0.45	0.99	0.2	0.24		0.11	0.37	-0.01	0.04	0.56	-0.31	0.83	0.2	0.39	-0.39	-0.3	0.47	0.0	0.19
Net Receivables	0.46	0.74	0.71	0.27	0.0	-0.17	-0.76	-0.16	0.09	0.01	-0.03	0.11		0.0	0.7	0.6	0.87	-0.09	0.07	0.7	0.21	0.18	0.17	-0.13	-0.2	-0.28
Common Stock Shares Outstanding	0.01	-0.46	0.09	-0.14	-0.08	0.1	-0.24	0.64	0.36	-0.09	0.87	0.37	0.0		-0.34	0.41	0.21	0.74	0.54	-0.12	0.8	-0.49	-0.4	0.85	0.05	0.65
Other Stockholder Equity	0.81	0.89	0.63	0.72	0.64	-0.17	-0.8	-0.47	-0.04	0.64	-0.34	-0.01	0.7	-0.34		0.47	0.63	-0.24	-0.19	0.96	0.01	0.38	0.34	-0.49	-0.19	-0.55
Total Liab	0.46	0.52	0.88	0.12	0.24	0.24	-0.84	0.34	-0.02	0.24	0.39	0.04	0.6	0.41	0.47		0.58	0.44	0.11	0.55	0.32	0.09	0.11	0.27	-0.18	0.28
Total Current Assets	0.69	0.6	0.7	0.54	0.22	-0.52	-0.78	0.04	0.54	0.23	0.11	0.56	0.87	0.21	0.63	0.58		-0.16	0.47	0.75	0.42	-0.02	0.01	0.1	-0.17	-0.14
Non Current Liabilities Total	-0.18	-0.35	-0.01	-0.36	-0.07	0.67	-0.2	0.32	-0.31	-0.08	0.63	-0.31	-0.09	0.74	-0.24	0.44	-0.16		-0.03	-0.16	0.61	-0.19	-0.18	0.45	0.0	0.45
Inventory	0.25	-0.26	0.11	0.24	0.02	-0.62	-0.08	0.52	0.83	0.02	0.3	0.83	0.07	0.54	-0.19	0.11	0.47	-0.03		0.01	0.52	-0.5	-0.43	0.56	0.14	0.39
Other Current Assets	0.92	0.82	0.68	0.81	0.71	-0.29	-0.88	-0.3	0.18	0.71	-0.14	0.2	0.7	-0.12	0.96	0.55	0.75	-0.16	0.01		0.2	0.25	0.23	-0.29	-0.26	-0.43
Net Tangible Assets	0.27	-0.24	0.05	0.19	0.11	-0.12	-0.38	0.31	0.38	0.11	0.52	0.39	0.21	0.8	0.01	0.32	0.42	0.61	0.52	0.2		-0.51	-0.46	0.52	0.09	0.25
Short Long Term Debt	0.15	0.41	0.2	0.13	0.2	0.28	-0.13	-0.51	-0.39	0.2	-0.39	-0.39	0.18	-0.49	0.38	0.09	-0.02	-0.19	-0.5	0.25	-0.51		0.99	-0.59	-0.36	-0.52
Short Term Debt	0.15	0.35	0.21	0.12	0.18	0.25	-0.13	-0.45	-0.32	0.18	-0.31	-0.3	0.17	-0.4	0.34	0.11	0.01	-0.18	-0.43	0.23	-0.46	0.99		-0.49	-0.34	-0.45
Common Stock	-0.1	-0.51	0.12	-0.22	-0.2	-0.04	-0.07	0.79	0.46	-0.2	0.86	0.47	-0.13	0.85	-0.49	0.27	0.1	0.45	0.56	-0.29	0.52	-0.59	-0.49		0.15	0.81
Short Term Investments	-0.21	-0.27	-0.23	-0.16	-0.17	0.04	0.21	0.04	-0.01	-0.17	-0.01	0.0	-0.2	0.05	-0.19	-0.18	-0.17	0.0	0.14	-0.26	0.09	-0.36	-0.34	0.15		0.46
Intangible Assets	-0.3	-0.47	0.09	-0.44	-0.28	0.21	0.07	0.71	0.18	-0.28	0.72	0.19	-0.28	0.65	-0.55	0.28	-0.14	0.45	0.39	-0.43	0.25	-0.52	-0.45	0.81	0.46

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ARHT Media Account Relationship Matchups

ARHT Media fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.8M	2.3M	6.7M	11.3M	3.5M	3.3M
Other Current Liab	268.0K	172.6K	497.3K	169.8K	152.8K	145.2K
Total Current Liabilities	2.0M	3.4M	2.8M	3.5M	4.0M	2.4M
Total Stockholder Equity	(631.1K)	(1.5M)	3.7M	7.8M	(2.6M)	(2.5M)
Retained Earnings	(34.1M)	(35.5M)	(40.4M)	(47.5M)	(58.7M)	(55.8M)
Accounts Payable	1.3M	844.8K	2.1M	2.8M	2.9M	1.5M
Cash	213.2K	486.9K	3.1M	4.2M	116.8K	110.9K
Net Receivables	623.5K	761.0K	1.5M	2.5M	1.0M	1.2M
Other Stockholder Equity	3.4M	4.2M	2.1M	4.4M	3.9M	3.7M
Total Liab	2.4M	3.8M	3.0M	3.5M	6.1M	6.4M
Total Current Assets	1.0M	1.8M	5.8M	8.8M	1.7M	3.2M
Other Current Assets	173.8K	(1.0)	515.6K	562.1K	206.2K	366.5K
Net Tangible Assets	(570.2K)	(631.1K)	(1.5M)	3.7M	4.2M	4.5M
Common Stock	29.3M	31.9M	39.7M	48.4M	48.4M	26.2M
Property Plant Equipment	174.0K	793.1K	556.3K	929.7K	1.1M	1.1M

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