Baosheng Non Current Assets Total vs Depreciation And Amortization Analysis

BAOS Stock  USD 1.96  0.11  5.95%   
Baosheng Media financial indicator trend analysis is way more than just evaluating Baosheng Media Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Baosheng Media Group is a good investment. Please check the relationship between Baosheng Media Non Current Assets Total and its Depreciation And Amortization accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Baosheng Media Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Non Current Assets Total vs Depreciation And Amortization

Non Current Assets Total vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Baosheng Media Group Non Current Assets Total account and Depreciation And Amortization. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Baosheng Media's Non Current Assets Total and Depreciation And Amortization is 0.56. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Baosheng Media Group, assuming nothing else is changed. The correlation between historical values of Baosheng Media's Non Current Assets Total and Depreciation And Amortization 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 Assets Total of Baosheng Media Group are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Non Current Assets Total i.e., Baosheng Media's Non Current Assets Total and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Baosheng Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Baosheng Media Group 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 Baosheng Media Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
At this time, Baosheng Media's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 2.10 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense57.1K329.1K378.5K397.4K
Depreciation And Amortization1.0M900.2K392.6K373.0K

Baosheng Media fundamental ratios Correlations

0.650.610.010.54-0.41-0.250.39-0.250.950.680.0-0.510.41-0.37-0.270.83-0.69-0.67-0.240.970.28-0.520.6-0.01-0.35
0.650.77-0.450.85-0.65-0.710.820.270.490.68-0.71-0.690.54-0.62-0.830.85-0.8-0.520.010.63-0.18-0.620.77-0.5-0.74
0.610.77-0.780.84-0.9-0.880.930.290.560.98-0.54-0.950.13-0.88-0.70.91-0.8-0.660.040.63-0.51-0.941.0-0.79-0.92
0.01-0.45-0.78-0.60.860.93-0.87-0.610.05-0.70.690.830.120.830.7-0.520.460.28-0.2-0.030.870.82-0.81.00.91
0.540.850.84-0.6-0.64-0.70.820.080.470.81-0.56-0.690.12-0.79-0.640.76-0.89-0.460.380.6-0.47-0.640.85-0.63-0.72
-0.41-0.65-0.90.86-0.640.93-0.92-0.53-0.28-0.840.60.97-0.140.870.75-0.830.680.44-0.01-0.380.650.97-0.910.870.97
-0.25-0.71-0.880.93-0.70.93-0.98-0.65-0.13-0.770.810.92-0.190.840.88-0.740.60.42-0.03-0.250.690.89-0.880.950.99
0.390.820.93-0.870.82-0.92-0.980.540.280.84-0.8-0.920.24-0.87-0.890.83-0.72-0.480.070.4-0.63-0.880.94-0.9-0.98
-0.250.270.29-0.610.08-0.53-0.650.54-0.370.13-0.79-0.40.47-0.45-0.760.210.090.19-0.36-0.22-0.52-0.380.31-0.63-0.59
0.950.490.560.050.47-0.28-0.130.28-0.370.670.16-0.430.27-0.3-0.10.72-0.56-0.73-0.270.960.33-0.450.540.05-0.23
0.680.680.98-0.70.81-0.84-0.770.840.130.67-0.36-0.910.04-0.84-0.550.9-0.79-0.710.050.71-0.44-0.920.97-0.7-0.83
0.0-0.71-0.540.69-0.560.60.81-0.8-0.790.16-0.360.55-0.490.580.95-0.460.340.090.05-0.020.520.47-0.550.730.75
-0.51-0.69-0.950.83-0.690.970.92-0.92-0.4-0.43-0.910.55-0.110.830.71-0.880.720.630.02-0.480.550.99-0.950.840.96
0.410.540.130.120.12-0.14-0.190.240.470.270.04-0.49-0.11-0.1-0.590.4-0.06-0.05-0.660.410.32-0.070.140.08-0.19
-0.37-0.62-0.880.83-0.790.870.84-0.87-0.45-0.3-0.840.580.83-0.10.69-0.730.720.23-0.19-0.460.770.83-0.90.830.86
-0.27-0.83-0.70.7-0.640.750.88-0.89-0.76-0.1-0.550.950.71-0.590.69-0.690.490.260.17-0.270.460.65-0.720.740.85
0.830.850.91-0.520.76-0.83-0.740.830.210.720.9-0.46-0.880.4-0.73-0.69-0.82-0.7-0.150.8-0.21-0.870.91-0.55-0.81
-0.69-0.8-0.80.46-0.890.680.6-0.720.09-0.56-0.790.340.72-0.060.720.49-0.820.48-0.41-0.660.350.69-0.790.490.67
-0.67-0.52-0.660.28-0.460.440.42-0.480.19-0.73-0.710.090.63-0.050.230.26-0.70.480.22-0.61-0.170.61-0.630.280.48
-0.240.010.04-0.20.38-0.01-0.030.07-0.36-0.270.050.050.02-0.66-0.190.17-0.15-0.410.22-0.23-0.490.040.05-0.2-0.02
0.970.630.63-0.030.6-0.38-0.250.4-0.220.960.71-0.02-0.480.41-0.46-0.270.8-0.66-0.61-0.230.2-0.490.62-0.04-0.34
0.28-0.18-0.510.87-0.470.650.69-0.63-0.520.33-0.440.520.550.320.770.46-0.210.35-0.17-0.490.20.55-0.540.860.66
-0.52-0.62-0.940.82-0.640.970.89-0.88-0.38-0.45-0.920.470.99-0.070.830.65-0.870.690.610.04-0.490.55-0.940.820.93
0.60.771.0-0.80.85-0.91-0.880.940.310.540.97-0.55-0.950.14-0.9-0.720.91-0.79-0.630.050.62-0.54-0.94-0.8-0.92
-0.01-0.5-0.791.0-0.630.870.95-0.9-0.630.05-0.70.730.840.080.830.74-0.550.490.28-0.2-0.040.860.82-0.80.92
-0.35-0.74-0.920.91-0.720.970.99-0.98-0.59-0.23-0.830.750.96-0.190.860.85-0.810.670.48-0.02-0.340.660.93-0.920.92
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Baosheng Media Account Relationship Matchups

Baosheng Media fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets84.8M93.3M94.1M58.0M48.8M60.9M
Other Current Liab1.7M4.7M6.0M2.0M740.0K703.0K
Total Current Liabilities49.4M51.7M19.5M12.6M6.5M6.1M
Total Stockholder Equity32.2M41.7M74.1M45.4M42.4M46.8M
Property Plant And Equipment Net1.5M1.3M2.6M2.4M2.1M1.8M
Current Deferred Revenue7.2M9.2M2.5M1.3M931.3K884.7K
Net Debt(3.4M)(4.7M)(3.7M)(5.2M)(1.1M)(1.1M)
Retained Earnings29.0M35.7M29.0M5.3M3.4M3.2M
Accounts Payable35.8M35.4M12.2M8.9M2.3M2.2M
Cash8.1M6.6M4.8M6.7M3.3M5.6M
Non Current Assets Total2.4M1.3M7.9M7.9M9.3M5.4M
Non Currrent Assets Other(2.3M)(1.3M)4.5M(5.2M)1.01.05
Cash And Short Term Investments8.1M6.6M4.8M9.8M5.9M6.7M
Net Receivables57.1M65.2M56.4M32.1M26.1M39.9M
Common Stock Shares Outstanding1.4M1.1M1.5M1.5M1.5M1.5M
Liabilities And Stockholders Equity84.8M93.3M94.1M58.0M48.8M60.9M
Inventory17.1M17.0M18.5M5.5M4.7M4.5M
Other Current Assets59.9K20.3M25.1M2.8M8.7M10.5M
Total Liab52.6M51.7M20.0M12.6M6.5M6.1M
Net Invested Capital36.5M43.2M74.1M46.9M44.6M48.5M
Property Plant And Equipment Gross1.5M1.3M2.9M2.8M2.9M2.1M
Total Current Assets82.4M92.1M86.2M50.1M39.5M56.9M
Accumulated Other Comprehensive Income(656.9K)2.1M3.5M(1.4M)(2.6M)(2.5M)
Net Working Capital33.0M40.4M66.7M37.5M33.1M42.7M
Short Term Debt4.7M1.9M1.0M1.4M2.3M1.6M
Intangible Assets778.4K5.5K3.7M3.3M401.5K381.5K

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