Hindustan Total Current Assets vs Intangible Assets Analysis

HMVL Stock   89.10  0.09  0.10%   
Hindustan Media financial indicator trend analysis is much more than just examining Hindustan Media Ventures latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hindustan Media Ventures is a good investment. Please check the relationship between Hindustan Media Total Current Assets and its Intangible Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hindustan Media Ventures. 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 Current Assets vs Intangible Assets

Total Current Assets vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hindustan Media Ventures Total Current Assets account and Intangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Hindustan Media's Total Current Assets and Intangible Assets is 0.65. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Hindustan Media Ventures, assuming nothing else is changed. The correlation between historical values of Hindustan Media's Total Current Assets and Intangible Assets 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 Current Assets of Hindustan Media Ventures are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Current Assets i.e., Hindustan Media's Total Current Assets and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Hindustan Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hindustan Media Ventures 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 Hindustan Media Ventures. 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.
Selling General Administrative is likely to drop to about 281.7 M in 2024. Discontinued Operations is likely to drop to about (263.9 M) in 2024
 2021 2022 2023 2024 (projected)
Gross Profit3.2B4.0B3.4B3.4B
Total Revenue6.2B7.1B7.0B6.4B

Hindustan Media fundamental ratios Correlations

0.520.750.990.540.640.170.940.010.670.530.550.870.64-0.240.790.740.610.620.450.710.880.660.970.710.39
0.520.90.40.110.27-0.290.410.160.76-0.120.150.480.960.260.880.740.360.160.040.650.380.430.570.370.09
0.750.90.670.310.56-0.060.660.170.830.250.360.690.930.090.990.860.550.510.180.680.660.450.780.630.4
0.990.40.670.580.620.240.94-0.020.630.580.570.850.56-0.310.720.70.590.620.50.660.890.640.960.70.39
0.540.110.310.580.240.420.55-0.150.280.710.860.570.21-0.350.360.370.740.250.30.110.380.410.430.410.14
0.640.270.560.620.24-0.110.730.360.240.410.270.720.320.060.550.320.250.950.030.240.710.470.620.420.88
0.17-0.29-0.060.240.42-0.110.09-0.430.180.720.490.05-0.23-0.390.00.220.460.150.330.030.27-0.340.110.540.11
0.940.410.660.940.550.730.090.080.450.510.490.80.54-0.240.710.530.510.70.460.450.870.640.910.670.47
0.010.160.17-0.02-0.150.36-0.430.08-0.05-0.250.00.10.110.560.1-0.060.030.23-0.5-0.05-0.010.050.0-0.290.41
0.670.760.830.630.280.240.180.45-0.050.270.350.610.83-0.10.850.990.530.270.290.880.590.340.730.560.14
0.53-0.120.250.580.710.410.720.51-0.250.270.690.440.0-0.470.310.370.630.550.390.120.530.070.440.70.42
0.550.150.360.570.860.270.490.490.00.350.690.620.2-0.010.380.430.940.27-0.040.180.370.20.380.410.32
0.870.480.690.850.570.720.050.80.10.610.440.620.540.010.70.670.590.660.110.620.730.740.80.510.57
0.640.960.930.560.210.32-0.230.540.110.830.00.20.540.030.930.820.40.230.260.710.510.480.710.450.08
-0.240.260.09-0.31-0.350.06-0.39-0.240.56-0.1-0.47-0.010.010.03-0.01-0.140.02-0.07-0.86-0.13-0.24-0.1-0.3-0.310.28
0.790.880.990.720.360.550.00.710.10.850.310.380.70.93-0.010.880.560.520.280.690.70.480.830.680.37
0.740.740.860.70.370.320.220.53-0.060.990.370.430.670.82-0.140.880.590.350.330.860.650.380.780.630.21
0.610.360.550.590.740.250.460.510.030.530.630.940.590.40.020.560.590.26-0.020.330.420.110.460.50.3
0.620.160.510.620.250.950.150.70.230.270.550.270.660.23-0.070.520.350.260.150.230.770.320.620.560.9
0.450.040.180.50.30.030.330.46-0.50.290.39-0.040.110.26-0.860.280.33-0.020.150.30.50.280.560.53-0.25
0.710.650.680.660.110.240.030.45-0.050.880.120.180.620.71-0.130.690.860.330.230.30.580.50.740.450.05
0.880.380.660.890.380.710.270.87-0.010.590.530.370.730.51-0.240.70.650.420.770.50.580.50.90.70.55
0.660.430.450.640.410.47-0.340.640.050.340.070.20.740.48-0.10.480.380.110.320.280.50.50.650.230.11
0.970.570.780.960.430.620.110.910.00.730.440.380.80.71-0.30.830.780.460.620.560.740.90.650.710.35
0.710.370.630.70.410.420.540.67-0.290.560.70.410.510.45-0.310.680.630.50.560.530.450.70.230.710.35
0.390.090.40.390.140.880.110.470.410.140.420.320.570.080.280.370.210.30.9-0.250.050.550.110.350.35
Click cells to compare fundamentals

Hindustan Media Account Relationship Matchups

Hindustan Media fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets19.2B21.1B21.8B21.9B22.5B12.8B
Other Current Liab34.9M3.2B3.6B5.0B5.4B5.7B
Total Current Liabilities3.3B4.8B5.8B6.7B7.4B7.7B
Total Stockholder Equity15.1B15.8B15.9B14.8B14.8B9.4B
Property Plant And Equipment Net2.3B2.0B1.8B2.2B1.5B1.8B
Net Debt819.8M668.2M1.0B882.6M456.5M467.2M
Cash353M209.4M182.6M183.2M391.9M349.1M
Non Current Assets Total13.1B15.4B10.8B13.7B11.4B7.7B
Non Currrent Assets Other1.1B35.2M29.3M1.6B580.5M609.5M
Cash And Short Term Investments3.6B3.3B8.4B5.7B8.5B8.9B
Net Receivables1.8B1.3B1.1B1.2B1.3B1.3B
Liabilities And Stockholders Equity19.2B21.1B21.8B21.9B22.5B12.8B
Inventory465.1M543.3M770.4M639.2M485.4M428.2M
Other Current Assets266.7M434.6M544.5M713M788.8M828.2M
Other Stockholder Equity3.9B(11.1B)(12.1B)2.4B2.0B2.1B
Total Liab4.1B5.2B5.9B7.1B7.7B8.1B
Total Current Assets6.1B5.7B11.0B8.2B11.0B11.6B
Accumulated Other Comprehensive Income(972.6M)725.4M380.9M(397.1M)14.1B14.8B
Short Long Term Debt Total1.2B877.6M1.2B1.1B848.4M918.4M
Non Current Liabilities Total802.5M465.7M154M434.5M320.8M408.2M
Short Term Investments3.3B3.1B8.2B5.5B7.9B4.0B
Intangible Assets679.1M677.5M719.8M710.1M706.7M533.5M
Current Deferred Revenue1.8B3.2B3.8B4.9B255.2M242.4M
Retained Earnings11.3B12.0B12.4B12.0B12.1B9.3B
Accounts Payable851.8M965M804.7M1.1B1.1B1.0B
Short Term Debt587M578.9M1.1B633.2M565.4M804.7M
Other Liab216.7M167M40.7M200K180K171K
Net Tangible Assets13.5B14.5B15.2B15.2B17.5B12.7B
Other Assets1.3B(100K)1.3B449M516.4M489.7M
Short Long Term Debt483.2M324.1M1.1B569.7M550.9M634.5M
Property Plant Equipment2.3B2.0B1.8B2.2B2.5B2.1B
Long Term Debt Total585.8M298.7M113.3M434.3M499.4M320.1M
Net Invested Capital16.1B16.4B17.1B15.3B15.3B17.2B
Net Working Capital2.8B927.6M5.2B1.5B3.7B2.8B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Hindustan Stock Analysis

When running Hindustan Media's price analysis, check to measure Hindustan Media'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 Hindustan Media is operating at the current time. Most of Hindustan Media's value examination focuses on studying past and present price action to predict the probability of Hindustan Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hindustan Media's price. Additionally, you may evaluate how the addition of Hindustan Media to your portfolios can decrease your overall portfolio volatility.