ARHT Non Current Liabilities Total vs Net Receivables Analysis

ART Stock  CAD 0.01  0.00  0.00%   
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 Non Current Liabilities Total and its Net Receivables 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.

Non Current Liabilities Total vs Net Receivables

Non Current Liabilities Total vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ARHT Media Non Current Liabilities Total account and Net Receivables. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between ARHT Media's Non Current Liabilities Total and Net Receivables is -0.09. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Net Receivables 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 Non Current Liabilities Total and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of ARHT Media are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Non Current Liabilities Total i.e., ARHT Media's Non Current Liabilities Total and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Current Liabilities Total

Net Receivables

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 Income9.8K8.7K
Reconciled Depreciation1.4M1.5M

ARHT Media fundamental ratios Correlations

0.60.580.940.86-0.46-0.78-0.130.430.86-0.040.450.460.010.810.460.69-0.180.250.920.270.150.15-0.1-0.21-0.3
0.60.750.460.38-0.13-0.7-0.32-0.110.38-0.41-0.080.74-0.460.890.520.6-0.35-0.260.82-0.240.410.35-0.51-0.27-0.47
0.580.750.30.29-0.05-0.840.240.130.290.140.170.710.090.630.880.7-0.010.110.680.050.20.210.12-0.230.09
0.940.460.30.87-0.6-0.54-0.280.480.87-0.190.490.27-0.140.720.120.54-0.360.240.810.190.130.12-0.22-0.16-0.44
0.860.380.290.87-0.22-0.52-0.20.191.0-0.10.20.0-0.080.640.240.22-0.070.020.710.110.20.18-0.2-0.17-0.28
-0.46-0.13-0.05-0.6-0.220.04-0.1-0.87-0.220.19-0.86-0.170.1-0.170.24-0.520.67-0.62-0.29-0.120.280.25-0.040.040.21
-0.78-0.7-0.84-0.54-0.520.040.01-0.11-0.52-0.24-0.15-0.76-0.24-0.8-0.84-0.78-0.2-0.08-0.88-0.38-0.13-0.13-0.070.210.07
-0.13-0.320.24-0.28-0.2-0.10.010.41-0.20.550.45-0.160.64-0.470.340.040.320.52-0.30.31-0.51-0.450.790.040.71
0.43-0.110.130.480.19-0.87-0.110.410.190.260.990.090.36-0.04-0.020.54-0.310.830.180.38-0.39-0.320.46-0.010.18
0.860.380.290.871.0-0.22-0.52-0.20.19-0.10.20.01-0.090.640.240.23-0.080.020.710.110.20.18-0.2-0.17-0.28
-0.04-0.410.14-0.19-0.10.19-0.240.550.26-0.10.24-0.030.87-0.340.390.110.630.3-0.140.52-0.39-0.310.86-0.010.72
0.45-0.080.170.490.2-0.86-0.150.450.990.20.240.110.37-0.010.040.56-0.310.830.20.39-0.39-0.30.470.00.19
0.460.740.710.270.0-0.17-0.76-0.160.090.01-0.030.110.00.70.60.87-0.090.070.70.210.180.17-0.13-0.2-0.28
0.01-0.460.09-0.14-0.080.1-0.240.640.36-0.090.870.370.0-0.340.410.210.740.54-0.120.8-0.49-0.40.850.050.65
0.810.890.630.720.64-0.17-0.8-0.47-0.040.64-0.34-0.010.7-0.340.470.63-0.24-0.190.960.010.380.34-0.49-0.19-0.55
0.460.520.880.120.240.24-0.840.34-0.020.240.390.040.60.410.470.580.440.110.550.320.090.110.27-0.180.28
0.690.60.70.540.22-0.52-0.780.040.540.230.110.560.870.210.630.58-0.160.470.750.42-0.020.010.1-0.17-0.14
-0.18-0.35-0.01-0.36-0.070.67-0.20.32-0.31-0.080.63-0.31-0.090.74-0.240.44-0.16-0.03-0.160.61-0.19-0.180.450.00.45
0.25-0.260.110.240.02-0.62-0.080.520.830.020.30.830.070.54-0.190.110.47-0.030.010.52-0.5-0.430.560.140.39
0.920.820.680.810.71-0.29-0.88-0.30.180.71-0.140.20.7-0.120.960.550.75-0.160.010.20.250.23-0.29-0.26-0.43
0.27-0.240.050.190.11-0.12-0.380.310.380.110.520.390.210.80.010.320.420.610.520.2-0.51-0.460.520.090.25
0.150.410.20.130.20.28-0.13-0.51-0.390.2-0.39-0.390.18-0.490.380.09-0.02-0.19-0.50.25-0.510.99-0.59-0.36-0.52
0.150.350.210.120.180.25-0.13-0.45-0.320.18-0.31-0.30.17-0.40.340.110.01-0.18-0.430.23-0.460.99-0.49-0.34-0.45
-0.1-0.510.12-0.22-0.2-0.04-0.070.790.46-0.20.860.47-0.130.85-0.490.270.10.450.56-0.290.52-0.59-0.490.150.81
-0.21-0.27-0.23-0.16-0.170.040.210.04-0.01-0.17-0.010.0-0.20.05-0.19-0.18-0.170.00.14-0.260.09-0.36-0.340.150.46
-0.3-0.470.09-0.44-0.280.210.070.710.18-0.280.720.19-0.280.65-0.550.28-0.140.450.39-0.430.25-0.52-0.450.810.46
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ARHT Media Account Relationship Matchups

ARHT Media fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.8M2.3M6.7M11.3M3.5M3.3M
Other Current Liab268.0K172.6K497.3K169.8K152.8K145.2K
Total Current Liabilities2.0M3.4M2.8M3.5M4.0M2.4M
Total Stockholder Equity(631.1K)(1.5M)3.7M7.8M(2.6M)(2.5M)
Retained Earnings(34.1M)(35.5M)(40.4M)(47.5M)(58.7M)(55.8M)
Accounts Payable1.3M844.8K2.1M2.8M2.9M1.5M
Cash213.2K486.9K3.1M4.2M116.8K110.9K
Net Receivables623.5K761.0K1.5M2.5M1.0M1.2M
Other Stockholder Equity3.4M4.2M2.1M4.4M3.9M3.7M
Total Liab2.4M3.8M3.0M3.5M6.1M6.4M
Total Current Assets1.0M1.8M5.8M8.8M1.7M3.2M
Other Current Assets173.8K(1.0)515.6K562.1K206.2K366.5K
Net Tangible Assets(570.2K)(631.1K)(1.5M)3.7M4.2M4.5M
Common Stock29.3M31.9M39.7M48.4M48.4M26.2M
Property Plant Equipment174.0K793.1K556.3K929.7K1.1M1.1M

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