Creative Accounts Payable vs Net Working Capital Analysis

CMCT Stock

USD 0.23 0.01 4.55%

Creative Media financial indicator trend analysis is way more than just evaluating Creative Media Community prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Creative Media Community is a good investment. Please check the relationship between Creative Media Accounts Payable and its Net Working Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Creative Media Community. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Accounts Payable vs Net Working Capital

Accounts Payable vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Creative Media Community Accounts Payable account and Net Working Capital. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Creative Media's Accounts Payable and Net Working Capital is -0.46. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Creative Media Community, assuming nothing else is changed. The correlation between historical values of Creative Media's Accounts Payable and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Creative Media Community are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Accounts Payable i.e., Creative Media's Accounts Payable and Net Working Capital go up and down completely randomly.

Correlation Coefficient

-0.46

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Creative Media obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Creative Media Community are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Net Working Capital

Most indicators from Creative Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Creative Media Community 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 Creative Media Community. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

At this time, Creative Media's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.12 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 95 M in 2024.

	2023	2024 (projected)
Extraordinary Items	3.5M	3.3M
Interest Income	11.0M	21.1M

Extraordinary Items Interest Income

Creative Media fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Short Term Investments	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Net Debt	Non Current Liabilities Total	Other Current Liab	Total Current Liabilities	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Total Equity	Common Stock	Property Plant And Equipment Net	Property Plant And Equipment Gross	Other Current Assets	Inventory
Total Assets		0.98	-0.03	0.73	0.68	-0.17	0.7	0.93	0.76	0.92	0.89	0.94	0.78	0.53	-0.34	0.4	0.74	0.96	0.23	0.52	0.2	0.2	0.55	-0.35	-0.34	0.15
Total Stockholder Equity	0.98		-0.01	0.63	0.67	-0.18	0.72	0.85	0.75	0.87	0.8	0.85	0.85	0.53	-0.28	0.38	0.64	0.95	0.19	0.45	0.27	0.27	0.58	-0.31	-0.25	0.21
Other Assets	-0.03	-0.01		-0.13	0.29	-0.01	0.23	0.09	-0.37	-0.09	0.11	-0.1	-0.04	0.68	-0.67	0.36	-0.16	-0.21	0.51	-0.41	-0.49	-0.5	-0.47	-0.17	0.37	0.1
Cash And Short Term Investments	0.73	0.63	-0.13		0.51	-0.18	0.38	0.8	0.66	0.83	0.73	0.83	0.35	0.26	-0.27	0.36	1.0	0.71	0.18	0.55	0.05	0.05	0.37	-0.23	-0.81	0.15
Common Stock Shares Outstanding	0.68	0.67	0.29	0.51		-0.09	0.58	0.68	0.51	0.62	0.64	0.62	0.4	0.59	-0.43	0.42	0.51	0.59	0.11	0.06	0.06	0.06	0.45	-0.46	-0.18	0.41
Short Term Investments	-0.17	-0.18	-0.01	-0.18	-0.09		0.41	-0.18	-0.32	-0.17	-0.17	-0.13	-0.11	-0.29	-0.43	-0.06	-0.17	-0.06	0.39	-0.19	-0.52	-0.51	-0.23	-0.14	0.04	-0.09
Other Stockholder Equity	0.7	0.72	0.23	0.38	0.58	0.41		0.59	0.31	0.55	0.52	0.58	0.63	0.49	-0.7	0.62	0.39	0.73	0.51	0.16	-0.24	-0.24	0.21	-0.35	-0.09	0.07
Total Liab	0.93	0.85	0.09	0.8	0.68	-0.18	0.59		0.69	0.88	0.98	0.97	0.61	0.58	-0.47	0.38	0.8	0.83	0.34	0.53	0.03	0.03	0.4	-0.4	-0.39	0.08
Total Current Assets	0.76	0.75	-0.37	0.66	0.51	-0.32	0.31	0.69		0.73	0.64	0.75	0.5	0.17	0.15	0.16	0.68	0.77	-0.28	0.65	0.64	0.64	0.78	-0.55	-0.39	0.31
Short Long Term Debt Total	0.92	0.87	-0.09	0.83	0.62	-0.17	0.55	0.88	0.73		0.82	0.89	0.71	0.47	-0.29	0.3	0.83	0.85	0.2	0.49	0.21	0.21	0.51	-0.31	-0.58	0.37
Net Debt	0.89	0.8	0.11	0.73	0.64	-0.17	0.52	0.98	0.64	0.82		0.94	0.56	0.55	-0.46	0.26	0.72	0.76	0.36	0.51	0.02	0.02	0.35	-0.39	-0.31	0.03
Non Current Liabilities Total	0.94	0.85	-0.1	0.83	0.62	-0.13	0.58	0.97	0.75	0.89	0.94		0.59	0.4	-0.35	0.33	0.84	0.88	0.24	0.6	0.11	0.11	0.49	-0.36	-0.48	0.04
Other Current Liab	0.78	0.85	-0.04	0.35	0.4	-0.11	0.63	0.61	0.5	0.71	0.56	0.59		0.52	-0.24	0.31	0.36	0.79	0.32	0.41	0.14	0.14	0.32	-0.14	-0.03	0.14
Total Current Liabilities	0.53	0.53	0.68	0.26	0.59	-0.29	0.49	0.58	0.17	0.47	0.55	0.4	0.52		-0.65	0.64	0.25	0.36	0.41	-0.04	-0.22	-0.23	-0.01	-0.37	0.18	0.32
Retained Earnings	-0.34	-0.28	-0.67	-0.27	-0.43	-0.43	-0.7	-0.47	0.15	-0.29	-0.46	-0.35	-0.24	-0.65		-0.56	-0.25	-0.24	-0.83	0.06	0.73	0.73	0.37	0.34	-0.02	0.01
Accounts Payable	0.4	0.38	0.36	0.36	0.42	-0.06	0.62	0.38	0.16	0.3	0.26	0.33	0.31	0.64	-0.56		0.37	0.42	0.25	0.07	-0.28	-0.29	0.07	-0.29	-0.08	0.08
Cash	0.74	0.64	-0.16	1.0	0.51	-0.17	0.39	0.8	0.68	0.83	0.72	0.84	0.36	0.25	-0.25	0.37		0.73	0.16	0.56	0.07	0.07	0.39	-0.25	-0.81	0.16
Non Current Assets Total	0.96	0.95	-0.21	0.71	0.59	-0.06	0.73	0.83	0.77	0.85	0.76	0.88	0.79	0.36	-0.24	0.42	0.73		0.15	0.54	0.22	0.22	0.62	-0.26	-0.4	0.08
Non Currrent Assets Other	0.23	0.19	0.51	0.18	0.11	0.39	0.51	0.34	-0.28	0.2	0.36	0.24	0.32	0.41	-0.83	0.25	0.16	0.15		0.17	-0.72	-0.72	-0.64	0.0	0.0	-0.34
Net Receivables	0.52	0.45	-0.41	0.55	0.06	-0.19	0.16	0.53	0.65	0.49	0.51	0.6	0.41	-0.04	0.06	0.07	0.56	0.54	0.17		0.31	0.31	0.16	-0.27	-0.41	-0.26
Common Stock Total Equity	0.2	0.27	-0.49	0.05	0.06	-0.52	-0.24	0.03	0.64	0.21	0.02	0.11	0.14	-0.22	0.73	-0.28	0.07	0.22	-0.72	0.31		1.0	0.68	-0.15	-0.12	0.35
Common Stock	0.2	0.27	-0.5	0.05	0.06	-0.51	-0.24	0.03	0.64	0.21	0.02	0.11	0.14	-0.23	0.73	-0.29	0.07	0.22	-0.72	0.31	1.0		0.68	-0.15	-0.13	0.35
Property Plant And Equipment Net	0.55	0.58	-0.47	0.37	0.45	-0.23	0.21	0.4	0.78	0.51	0.35	0.49	0.32	-0.01	0.37	0.07	0.39	0.62	-0.64	0.16	0.68	0.68		-0.3	-0.25	0.43
Property Plant And Equipment Gross	-0.35	-0.31	-0.17	-0.23	-0.46	-0.14	-0.35	-0.4	-0.55	-0.31	-0.39	-0.36	-0.14	-0.37	0.34	-0.29	-0.25	-0.26	0.0	-0.27	-0.15	-0.15	-0.3		-0.08	-0.46
Other Current Assets	-0.34	-0.25	0.37	-0.81	-0.18	0.04	-0.09	-0.39	-0.39	-0.58	-0.31	-0.48	-0.03	0.18	-0.02	-0.08	-0.81	-0.4	0.0	-0.41	-0.12	-0.13	-0.25	-0.08		-0.17
Inventory	0.15	0.21	0.1	0.15	0.41	-0.09	0.07	0.08	0.31	0.37	0.03	0.04	0.14	0.32	0.01	0.08	0.16	0.08	-0.34	-0.26	0.35	0.35	0.43	-0.46	-0.17

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Creative Media Account Relationship Matchups

Creative Media fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	667.6M	685.6M	660.9M	690.2M	891.2M	578.8M
Total Stockholder Equity	314.5M	323.5M	411.0M	377.4M	374.4M	323.2M
Other Assets	24.0M	24.3M	593.8M	585.9M	782.7M	821.9M
Cash And Short Term Investments	23.8M	33.6M	22.3M	46.2M	19.3M	37.4M
Common Stock Shares Outstanding	16.5M	14.7M	19.2M	23.2M	22.7M	23.9M
Short Term Investments	1.6M	1.6M	498.0M	12.4M	14.2M	13.5M
Liabilities And Stockholders Equity	667.6M	685.6M	660.9M	690.2M	891.2M	578.8M
Other Stockholder Equity	1.5B	1.6B	1.7B	1.7B	852.5M	588.4M
Total Liab	352.6M	361.7M	249.5M	312.5M	514.4M	540.2M
Total Current Assets	142.4M	164.5M	146.7M	161.4M	104.5M	146.9M
Short Long Term Debt Total	312.0M	324.3M	201.1M	184.3M	471.6M	253.9M
Net Debt	283.6M	290.7M	178.8M	138.1M	452.3M	474.9M
Non Current Liabilities Total	318.8M	334.6M	218.2M	202.1M	406.1M	232.5M
Other Current Liab	9.4M	6.7M	4.5M	3.2M	3.1M	3.0M
Total Current Liabilities	33.7M	27.0M	31.3M	110.4M	108.4M	113.8M
Retained Earnings	(740.6M)	(778.5M)	(804.2M)	(837.8M)	(921.9M)	(875.8M)
Accounts Payable	24.3M	20.3M	26.8M	107.2M	26.4M	17.6M
Cash	23.8M	33.6M	22.3M	46.2M	19.3M	26.9M
Non Current Assets Total	525.2M	521.1M	514.2M	528.9M	3.9M	3.8M
Non Currrent Assets Other	517.9M	514.8M	508.9M	9.9M	732.4M	769.0M
Net Receivables	106.5M	22.2M	24.3M	24.7M	20.1M	19.1M
Property Plant And Equipment Net	508.8M	506.0M	498.0M	502.0M	(57.3M)	(54.4M)
Other Current Assets	(39.5M)	10.0M	11.3M	11.3M	81.9M	86.0M
Inventory	51.6M	55.4M	69.3M	93.5M	107.5M	112.9M
Accumulated Other Comprehensive Income	(740.6M)	(778.5M)	(804.2M)	(837.8M)	(23K)	(24.2K)
Short Term Debt	4.5M	2.3M	62.8M	303K	78.8M	74.9M
Noncontrolling Interest In Consolidated Entity	890K	837K	505K	345K	396.8K	779.6K
Long Term Debt	307.4M	324.3M	201.1M	184.3M	430.2M	428.7M
Retained Earnings Total Equity	(399.3M)	(436.9M)	(740.6M)	(804.2M)	(723.8M)	(687.6M)
Deferred Long Term Liab	18.8M	19.5M	19.2M	20.5M	23.6M	29.2M
Preferred Stock Total Equity	230.8M	261.1M	223.5M	310.7M	357.3M	375.1M
Intangible Assets	7.3M	6.3M	5.3M	4.5M	3.9M	3.8M
Property Plant Equipment	1.0B	508.7M	506.0M	498.0M	572.7M	852.7M
Net Tangible Assets	345.8M	83.8M	9.3M	95.1M	85.6M	81.3M

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