Pop Historical Balance Sheet
CPOP Stock | USD 1.15 0.04 3.60% |
Trend analysis of Pop Culture Group balance sheet accounts such as Total Current Liabilities of 26.7 M, Net Tangible Assets of 61.1 M or Accounts Payable of 12.4 M provides information on Pop Culture's total assets, liabilities, and equity, which is the actual value of Pop Culture Group to its prevalent stockholders. By breaking down trends over time using Pop Culture balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Pop Culture Group latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Pop Culture Group is a good buy for the upcoming year.
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About Pop Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Pop Culture Group at a specified time, usually calculated after every quarter, six months, or one year. Pop Culture Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Pop Culture and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Pop currently owns. An asset can also be divided into two categories, current and non-current.
Pop Culture Balance Sheet Chart
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Total Current Liabilities
Total Current Liabilities is an item on Pop Culture balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Pop Culture Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Most accounts from Pop Culture's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Pop Culture Group current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Pop Culture 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, Pop Culture's Net Debt is relatively stable compared to the past year. As of 11/28/2024, Property Plant And Equipment Gross is likely to grow to about 1.9 M, though Other Assets are likely to grow to (17.6 K).
2021 | 2022 | 2023 | 2024 (projected) | Total Current Liabilities | 10.1M | 12.8M | 25.4M | 26.7M | Other Current Liabilities | 711.7K | 1.2M | 1.6M | 1.0M |
Pop Culture balance sheet Correlations
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Pop Culture Account Relationship Matchups
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High Negative Relationship
Pop Culture balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 119.6K | 705.4K | 711.7K | 1.2M | 1.6M | 1.0M | |
Total Current Liabilities | 9.0M | 13.3M | 10.1M | 12.8M | 25.4M | 26.7M | |
Net Tangible Assets | 5.1M | 11.2M | 17.7M | 50.6M | 58.1M | 61.1M | |
Retained Earnings | 6.7M | 10.5M | 11.0M | (13.3M) | (27.0M) | (25.7M) | |
Accounts Payable | 2.8M | 1.9M | 966.8K | 2.7M | 11.8M | 12.4M | |
Other Assets | 335.3K | 140.8K | 10.8M | (16.1K) | (18.5K) | (17.6K) | |
Net Receivables | 14.8M | 25.5M | 26.3M | 19.8M | 25.0M | 19.7M | |
Inventory | 4.3M | 2.0M | 21.6K | 683.0 | 614.7 | 583.97 | |
Other Current Assets | 3.2M | 5.6M | 10.1M | 8.9M | 14.8M | 15.5M | |
Other Stockholder Equity | 5.8M | 6.6M | 40.1M | 40.2M | 42.4M | 21.6M | |
Total Current Assets | 20.5M | 32.4M | 50.8M | 32.3M | 40.9M | 30.6M | |
Property Plant Equipment | 506.7K | 349.5K | 243.1K | 533.2K | 479.8K | 370.8K | |
Total Assets | 22.9M | 34.4M | 64.4M | 39.1M | 42.2M | 39.9M | |
Short Long Term Debt Total | 2.1M | 7.0M | 5.5M | 5.2M | 6.2M | 5.2M | |
Total Stockholder Equity | 12.9M | 19.3M | 52.8M | 26.7M | 15.3M | 24.6M | |
Property Plant And Equipment Net | 349.5K | 243.1K | 533.2K | 929.5K | 500.7K | 561.5K | |
Current Deferred Revenue | 1.8M | 1.6M | 47.7K | 393.0K | 3.2M | 3.3M | |
Net Debt | 766.0K | 5.7M | (8.9M) | 2.5M | 6.0M | 6.3M | |
Cash | 1.4M | 1.3M | 14.4M | 2.8M | 230.6K | 219.0K | |
Non Current Assets Total | 2.4M | 2.0M | 13.5M | 6.8M | 1.3M | 1.2M | |
Non Currrent Assets Other | 236.0K | 140.8K | 10.3M | 5.7M | 211.9K | 201.3K | |
Cash And Short Term Investments | 1.4M | 1.3M | 14.4M | 3.6M | 1.1M | 1.1M | |
Liabilities And Stockholders Equity | 22.9M | 34.4M | 64.4M | 39.0M | 42.2M | 39.9M | |
Non Current Liabilities Total | 190.0K | 1.8M | 1.5M | 39.6K | 1.5M | 969.5K | |
Capital Lease Obligations | 286.4K | 203.2K | 459.1K | 104.7K | 94.3K | 89.6K | |
Total Liab | 9.2M | 15.1M | 11.6M | 12.9M | 26.9M | 15.1M | |
Net Invested Capital | 14.8M | 26.1M | 57.8M | 31.9M | 36.6M | 30.7M | |
Short Long Term Debt | 1.8M | 5.1M | 3.8M | 5.1M | 5.9M | 3.9M | |
Accumulated Other Comprehensive Income | 411.5K | 2.2M | 1.6M | (107.6K) | (167.2K) | (158.8K) | |
Net Working Capital | 11.5M | 19.1M | 40.7M | 19.4M | 22.3M | 21.1M | |
Short Term Debt | 1.9M | 5.3M | 4.2M | 5.2M | 4.7M | 4.3M | |
Intangible Assets | 1.7M | 1.6M | 2.2M | 119.5K | 107.6K | 102.2K |
Pair Trading with Pop Culture
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Pop Culture position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Pop Culture will appreciate offsetting losses from the drop in the long position's value.Moving together with Pop Stock
Moving against Pop Stock
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The ability to find closely correlated positions to Pop Culture could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pop Culture when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Pop Culture - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Pop Culture Group to buy it.
The correlation of Pop Culture is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Pop Culture moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pop Culture Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Pop Culture can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Pop Stock Analysis
When running Pop Culture's price analysis, check to measure Pop Culture's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pop Culture is operating at the current time. Most of Pop Culture's value examination focuses on studying past and present price action to predict the probability of Pop Culture's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pop Culture's price. Additionally, you may evaluate how the addition of Pop Culture to your portfolios can decrease your overall portfolio volatility.