Phoenix Total Assets vs Property Plant Equipment Analysis
FENG Stock | USD 2.52 0.05 2.02% |
Phoenix New financial indicator trend analysis is much more than just breaking down Phoenix New Media prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Phoenix New Media is a good investment. Please check the relationship between Phoenix New Total Assets and its Property Plant Equipment accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Phoenix New 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.
Total Assets vs Property Plant Equipment
Total Assets vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Phoenix New Media Total Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between Phoenix New's Total Assets and Property Plant Equipment is 0.66. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Phoenix New Media, assuming nothing else is changed. The correlation between historical values of Phoenix New's Total Assets and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Phoenix New Media are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Total Assets i.e., Phoenix New's Total Assets and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.66 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of Phoenix New assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Phoenix New Media books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Property Plant Equipment
Most indicators from Phoenix New's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Phoenix New 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Phoenix New 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. The Phoenix New's current Selling General Administrative is estimated to increase to about 157.5 M, while Tax Provision is projected to decrease to roughly 1.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 432.9M | 237.2M | 227.9M | 216.5M | Total Revenue | 1.0B | 785.7M | 692.0M | 1.2B |
Phoenix New fundamental ratios Correlations
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Phoenix New Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Phoenix New fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 12.3M | 12.1M | 12.1M | 12.1M | 12.1M | 13.3M | |
Total Assets | 5.3B | 2.8B | 2.4B | 2.0B | 1.8B | 2.7B | |
Other Current Liab | 1.1B | 402.2M | 311.3M | 280.2M | 214.5M | 294.3M | |
Total Current Liabilities | 1.5B | 1.1B | 967.0M | 664.3M | 527.0M | 761.4M | |
Total Stockholder Equity | 3.3B | 1.6B | 1.4B | 1.3B | 1.2B | 1.8B | |
Other Liab | 225.4M | 29.5M | 29.6M | 20.3M | 23.4M | 41.5M | |
Accounts Payable | 259.9M | 221.2M | 217.2M | 177.0M | 122.1M | 212.5M | |
Cash | 341.0M | 357.8M | 189.0M | 96.0M | 527.4M | 362.1M | |
Other Assets | 93.5M | 96.6M | 95.4M | 108.7M | 125.0M | 131.3M | |
Other Current Assets | 161.7M | 73.9M | 65.0M | 41.3M | 41.2M | 61.9M | |
Total Liab | 1.8B | 1.1B | 1.0B | 765.6M | 595.1M | 821.9M | |
Intangible Assets | 99.3M | 12.4M | 22.5M | 29.1M | 20.1M | 25.6M | |
Property Plant Equipment | 187.4M | 112.1M | 70.4M | 116.6M | 134.1M | 67.4M | |
Property Plant And Equipment Net | 187.4M | 112.1M | 70.4M | 116.6M | 75.2M | 96.4M | |
Current Deferred Revenue | 55.9M | 38.8M | 33.5M | 31.9M | 52.1M | 33.3M | |
Net Debt | (250.8M) | (304.8M) | (143.1M) | 8.6M | (458.0M) | (480.9M) | |
Retained Earnings | 185.2M | (88.2M) | (300.4M) | (411.1M) | (513.4M) | (487.7M) | |
Non Current Assets Total | 2.8B | 352.6M | 328.8M | 369.2M | 280.1M | 266.1M | |
Non Currrent Assets Other | 19.9M | 9.8M | 3.2M | 19.7M | 83.3M | 87.5M | |
Cash And Short Term Investments | 1.6B | 1.6B | 1.5B | 1.1B | 1.1B | 1.3B | |
Net Receivables | 698.0M | 708.2M | 514.0M | 474.8M | 351.3M | 567.3M | |
Liabilities And Stockholders Equity | 5.3B | 2.8B | 2.4B | 2.0B | 1.8B | 2.9B | |
Non Current Liabilities Total | 275.4M | 46.2M | 49.7M | 101.3M | 68.1M | 64.7M | |
Other Stockholder Equity | 1.6B | 1.6B | 1.6B | 1.6B | 1.6B | 1.7B | |
Property Plant And Equipment Gross | 187.4M | 112.1M | 70.4M | 116.6M | 162.6M | 103.3M | |
Total Current Assets | 2.6B | 2.4B | 2.1B | 1.7B | 1.5B | 2.0B | |
Accumulated Other Comprehensive Income | 1.5B | 63.8M | 59.2M | 54.1M | 58.9M | 56.0M | |
Short Term Debt | 40.3M | 36.4M | 25.8M | 23.6M | 19.9M | 18.9M | |
Short Term Investments | 1.3B | 1.3B | 1.3B | 1.0B | 558.8M | 831.2M | |
Inventory | 82.9M | 31.0M | 15.6M | 9.1M | 1.0 | 0.95 | |
Net Tangible Assets | 2.9B | 1.6B | 1.4B | 1.3B | 1.5B | 2.0B | |
Long Term Investments | 2.0B | 131.5M | 140.5M | 114.7M | 101.5M | 96.5M | |
Short Long Term Debt Total | 90.3M | 53.0M | 45.9M | 104.6M | 69.4M | 128.9M | |
Capital Lease Obligations | 90.3M | 53.0M | 45.9M | 104.6M | 69.4M | 44.4M | |
Non Current Liabilities Other | 27.6M | 28.2M | 28.3M | 20.3M | 18.6M | 23.9M | |
Net Invested Capital | 3.3B | 1.6B | 1.4B | 1.3B | 1.2B | 1.7B |
Currently Active Assets on Macroaxis
When determining whether Phoenix New Media is a strong investment it is important to analyze Phoenix New's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Phoenix New's future performance. For an informed investment choice regarding Phoenix Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Phoenix New 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. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Interactive Media & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Phoenix New. If investors know Phoenix will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Phoenix New listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.86) | Earnings Share (0.53) | Revenue Per Share 56.873 | Quarterly Revenue Growth (0.07) | Return On Assets (0.02) |
The market value of Phoenix New Media is measured differently than its book value, which is the value of Phoenix that is recorded on the company's balance sheet. Investors also form their own opinion of Phoenix New's value that differs from its market value or its book value, called intrinsic value, which is Phoenix New's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Phoenix New's market value can be influenced by many factors that don't directly affect Phoenix New's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Phoenix New's value and its price as these two are different measures arrived at by different means. Investors typically determine if Phoenix New is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Phoenix New's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.