Glacier Total Liab vs Current Deferred Revenue Analysis

GVC Stock

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Glacier Media financial indicator trend analysis is much more than just examining Glacier Media latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Glacier Media is a good investment. Please check the relationship between Glacier Media Total Liab and its Current Deferred Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Glacier 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 Liab vs Current Deferred Revenue

Total Liab vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Glacier Media Total Liab account and Current Deferred Revenue. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Glacier Media's Total Liab and Current Deferred Revenue is 0.95. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Glacier Media, assuming nothing else is changed. The correlation between historical values of Glacier Media's Total Liab and Current Deferred Revenue 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 Liab of Glacier Media are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Liab i.e., Glacier Media's Total Liab and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Most indicators from Glacier Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Glacier 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Glacier 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.

As of the 29th of November 2024, Tax Provision is likely to grow to about 46.5 M, while Selling General Administrative is likely to drop about 33.3 M.

	2021	2022	2023	2024 (projected)
Gross Profit	55.1M	47.3M	28.0M	54.1M
Total Revenue	164.6M	176.0M	154.9M	166.3M

Gross Profit Total Revenue

Glacier Media fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Property Plant And Equipment Net	Net Receivables	Inventory	Property Plant And Equipment Gross	Short Term Debt	Intangible Assets	Current Deferred Revenue	Good Will
Total Assets		0.69	0.9	0.94	0.85	0.75	0.84	0.1	1.0	-0.39	0.1	0.11	0.91	0.45	0.1	0.95	0.88	0.88	0.93	0.92	0.83	0.56	0.68	0.9	0.96	0.94
Other Current Liab	0.69		0.89	0.7	0.42	0.27	0.5	0.37	0.66	0.13	0.37	0.71	0.49	0.3	0.0	0.62	0.83	0.44	0.72	0.84	0.58	0.57	0.52	0.45	0.67	0.52
Total Current Liabilities	0.9	0.89		0.85	0.69	0.48	0.78	0.3	0.87	-0.14	0.3	0.49	0.78	0.33	0.1	0.88	0.94	0.72	0.87	0.97	0.76	0.65	0.74	0.71	0.89	0.75
Total Stockholder Equity	0.94	0.7	0.85		0.8	0.84	0.86	0.2	0.93	-0.2	0.2	0.17	0.77	0.45	0.12	0.83	0.88	0.85	0.9	0.88	0.88	0.59	0.53	0.89	0.86	0.92
Net Debt	0.85	0.42	0.69	0.8		0.79	0.77	-0.31	0.87	-0.51	-0.31	-0.18	0.93	0.38	0.27	0.9	0.62	0.99	0.76	0.77	0.85	0.25	0.66	0.89	0.82	0.9
Retained Earnings	0.75	0.27	0.48	0.84	0.79		0.76	-0.08	0.76	-0.45	-0.08	-0.34	0.68	0.53	0.07	0.66	0.57	0.83	0.67	0.54	0.78	0.29	0.35	0.89	0.63	0.9
Accounts Payable	0.84	0.5	0.78	0.86	0.77	0.76		0.3	0.83	-0.25	0.3	0.07	0.77	0.32	0.05	0.81	0.82	0.83	0.8	0.8	0.88	0.65	0.55	0.83	0.8	0.82
Cash	0.1	0.37	0.3	0.2	-0.31	-0.08	0.3		0.05	0.47	1.0	0.6	-0.16	-0.07	-0.16	-0.05	0.43	-0.21	0.24	0.19	0.07	0.72	-0.06	-0.04	0.11	-0.05
Non Current Assets Total	1.0	0.66	0.87	0.93	0.87	0.76	0.83	0.05		-0.42	0.05	0.07	0.92	0.43	0.11	0.95	0.85	0.89	0.93	0.91	0.82	0.54	0.68	0.91	0.96	0.94
Non Currrent Assets Other	-0.39	0.13	-0.14	-0.2	-0.51	-0.45	-0.25	0.47	-0.42		0.47	0.63	-0.62	-0.4	0.11	-0.52	-0.1	-0.49	-0.2	-0.15	-0.17	0.12	-0.56	-0.51	-0.34	-0.57
Cash And Short Term Investments	0.1	0.37	0.3	0.2	-0.31	-0.08	0.3	1.0	0.05	0.47		0.6	-0.16	-0.07	-0.16	-0.05	0.43	-0.21	0.24	0.19	0.07	0.72	-0.06	-0.04	0.11	-0.05
Common Stock Shares Outstanding	0.11	0.71	0.49	0.17	-0.18	-0.34	0.07	0.6	0.07	0.63	0.6		-0.08	-0.22	0.04	0.06	0.4	-0.16	0.26	0.4	0.06	0.54	0.13	-0.13	0.18	-0.14
Non Current Liabilities Total	0.91	0.49	0.78	0.77	0.93	0.68	0.77	-0.16	0.92	-0.62	-0.16	-0.08		0.35	0.19	0.99	0.68	0.93	0.83	0.82	0.73	0.42	0.81	0.9	0.91	0.9
Other Current Assets	0.45	0.3	0.33	0.45	0.38	0.53	0.32	-0.07	0.43	-0.4	-0.07	-0.22	0.35		-0.23	0.36	0.53	0.39	0.28	0.28	0.47	0.08	0.41	0.36	0.3	0.57
Other Stockholder Equity	0.1	0.0	0.1	0.12	0.27	0.07	0.05	-0.16	0.11	0.11	-0.16	0.04	0.19	-0.23		0.18	0.03	0.26	0.1	0.18	0.19	-0.06	0.19	0.15	0.13	0.07
Total Liab	0.95	0.62	0.88	0.83	0.9	0.66	0.81	-0.05	0.95	-0.52	-0.05	0.06	0.99	0.36	0.18		0.78	0.91	0.88	0.89	0.77	0.5	0.83	0.88	0.95	0.9
Total Current Assets	0.88	0.83	0.94	0.88	0.62	0.57	0.82	0.43	0.85	-0.1	0.43	0.4	0.68	0.53	0.03	0.78		0.66	0.81	0.91	0.81	0.66	0.63	0.66	0.81	0.76
Short Long Term Debt Total	0.88	0.44	0.72	0.85	0.99	0.83	0.83	-0.21	0.89	-0.49	-0.21	-0.16	0.93	0.39	0.26	0.91	0.66		0.79	0.79	0.88	0.33	0.65	0.92	0.84	0.92
Property Plant And Equipment Net	0.93	0.72	0.87	0.9	0.76	0.67	0.8	0.24	0.93	-0.2	0.24	0.26	0.83	0.28	0.1	0.88	0.81	0.79		0.87	0.75	0.74	0.59	0.88	0.95	0.84
Net Receivables	0.92	0.84	0.97	0.88	0.77	0.54	0.8	0.19	0.91	-0.15	0.19	0.4	0.82	0.28	0.18	0.89	0.91	0.79	0.87		0.82	0.57	0.69	0.74	0.9	0.78
Inventory	0.83	0.58	0.76	0.88	0.85	0.78	0.88	0.07	0.82	-0.17	0.07	0.06	0.73	0.47	0.19	0.77	0.81	0.88	0.75	0.82		0.43	0.49	0.77	0.76	0.83
Property Plant And Equipment Gross	0.56	0.57	0.65	0.59	0.25	0.29	0.65	0.72	0.54	0.12	0.72	0.54	0.42	0.08	-0.06	0.5	0.66	0.33	0.74	0.57	0.43		0.37	0.49	0.61	0.44
Short Term Debt	0.68	0.52	0.74	0.53	0.66	0.35	0.55	-0.06	0.68	-0.56	-0.06	0.13	0.81	0.41	0.19	0.83	0.63	0.65	0.59	0.69	0.49	0.37		0.6	0.66	0.66
Intangible Assets	0.9	0.45	0.71	0.89	0.89	0.89	0.83	-0.04	0.91	-0.51	-0.04	-0.13	0.9	0.36	0.15	0.88	0.66	0.92	0.88	0.74	0.77	0.49	0.6		0.86	0.96
Current Deferred Revenue	0.96	0.67	0.89	0.86	0.82	0.63	0.8	0.11	0.96	-0.34	0.11	0.18	0.91	0.3	0.13	0.95	0.81	0.84	0.95	0.9	0.76	0.61	0.66	0.86		0.85
Good Will	0.94	0.52	0.75	0.92	0.9	0.9	0.82	-0.05	0.94	-0.57	-0.05	-0.14	0.9	0.57	0.07	0.9	0.76	0.92	0.84	0.78	0.83	0.44	0.66	0.96	0.85

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Glacier Media Account Relationship Matchups

Glacier Media fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	271.1M	263.1M	271.1M	237.6M	172.2M	301.7M
Other Current Liab	25.9M	34.8M	25.6M	26.1M	27.6M	19.5M
Total Current Liabilities	42.5M	50.9M	47.0M	47.8M	47.8M	41.5M
Total Stockholder Equity	177.0M	170.8M	178.5M	150.9M	55.8M	53.0M
Net Debt	25.7M	(1.9M)	(2.8M)	(1.8M)	8.3M	7.9M
Retained Earnings	(53.9M)	(70.7M)	(67.3M)	(97.4M)	(193.2M)	(183.5M)
Accounts Payable	2.5M	2.7M	7.0M	6.4M	1.2M	1.1M
Cash	5.1M	14.3M	21.7M	19.6M	6.6M	7.2M
Non Current Assets Total	225.4M	205.1M	208.5M	177.9M	131.1M	256.9M
Non Currrent Assets Other	35.1M	31.6M	39.3M	34.4M	7.1M	6.7M
Cash And Short Term Investments	5.1M	14.3M	21.7M	19.6M	6.6M	7.2M
Common Stock Shares Outstanding	116.8M	125.2M	130.9M	132.6M	131.2M	82.0M
Liabilities And Stockholders Equity	271.1M	263.1M	271.1M	237.6M	172.2M	301.7M
Non Current Liabilities Total	30.4M	20.0M	27.7M	22.8M	59.5M	73.1M
Other Current Assets	2.5M	3.6M	2.5M	2.7M	2.2M	2.1M
Total Liab	72.9M	70.8M	74.7M	70.5M	107.3M	114.5M
Total Current Assets	45.7M	58.0M	62.6M	59.7M	41.1M	44.8M
Short Long Term Debt Total	30.8M	12.3M	19.0M	17.8M	14.8M	14.1M
Property Plant And Equipment Net	41.9M	36.1M	42.0M	39.3M	26.2M	34.1M
Net Receivables	36.1M	38.0M	35.7M	34.3M	32.0M	32.7M
Inventory	2.1M	2.2M	2.7M	3.1M	317K	301.2K
Property Plant And Equipment Gross	41.9M	36.1M	95.8M	80.0M	51.2M	39.3M
Short Term Debt	3.5M	3.3M	3.5M	3.6M	10.1M	6.0M
Intangible Assets	48.8M	43.8M	41.4M	37.5M	28.2M	26.8M
Accumulated Other Comprehensive Income	55K	(339K)	(270K)	(258K)	(88K)	(83.6K)
Current Deferred Revenue	10.6M	10.0M	10.8M	11.6M	8.9M	13.8M
Good Will	38.0M	38.5M	35.7M	27.1M	21.5M	20.4M
Other Liab	3.1M	10.9M	12.2M	8.6M	7.7M	8.8M
Net Tangible Assets	90.1M	88.5M	101.4M	86.3M	99.3M	66.9M
Other Assets	40.1M	35.5M	44.7M	47.6M	54.7M	31.1M
Long Term Debt	18.1M	2.3M	7.6M	7.2M	6.4M	6.1M
Long Term Investments	56.6M	51.2M	44.6M	26.3M	26.5M	50.1M
Short Long Term Debt	410K	338K	451K	456K	7.2M	10.1M
Property Plant Equipment	41.9M	36.1M	42.0M	39.3M	35.4M	30.0M
Long Term Debt Total	27.3M	9.0M	15.4M	14.1M	12.7M	12.1M
Non Current Liabilities Other	2.2M	10M	11.4M	7.8M	6.9M	6.1M
Cash And Equivalents	5.1M	14.3M	21.7M	19.6M	22.6M	23.7M

Pair Trading with Glacier Media

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 Glacier Media 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 Glacier Media will appreciate offsetting losses from the drop in the long position's value.

Moving together with Glacier Stock

0.64	JPM	JPMorgan Chase	Pair Corr
0.73	BOFA	Bank of America	Pair Corr
0.63	RY-PM	Royal Bank Earnings Call This Week	Pair Corr

The ability to find closely correlated positions to Glacier Media could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Glacier Media 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 Glacier Media - 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 Glacier Media to buy it.

The correlation of Glacier Media 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 Glacier Media moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Glacier Media 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 Glacier Media 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.

Pair Correlation Correlation Matching

Other Information on Investing in Glacier Stock

Balance Sheet is a snapshot of the financial position of Glacier Media at a specified time, usually calculated after every quarter, six months, or one year. Glacier Media Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Glacier Media 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 Glacier currently owns. An asset can also be divided into two categories, current and non-current.

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Glacier Total Liab vs Current Deferred Revenue Analysis

Total Liab vs Current Deferred Revenue

Total Liab vs Current Deferred Revenue Correlation Analysis

Correlation Coefficient

Total Liab

Current Deferred Revenue

Glacier Media fundamental ratios Correlations

Glacier Media Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Glacier Media fundamental ratios Accounts

Pair Trading with Glacier Media

Moving together with Glacier Stock

Other Information on Investing in Glacier Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Short Long Term Debt Total	+ 0.99	Net Debt
Total Liab	+ 0.99	Non Current Liabilities Total
Net Receivables	+ 0.97	Total Current Liabilities
Current Deferred Revenue	+ 0.96	Total Assets

Non Current Liabilities Total	- 0.62	Non Currrent Assets Other
Good Will	- 0.57	Non Currrent Assets Other
Short Term Debt	- 0.56	Non Currrent Assets Other
Total Liab	- 0.52	Non Currrent Assets Other
Intangible Assets	- 0.51	Non Currrent Assets Other
Non Currrent Assets Other	- 0.51	Net Debt