ITV Cash And Short Term Investments vs Total Current Liabilities Analysis

ITV Stock

71.85 2.15 3.08%

ITV PLC financial indicator trend analysis is infinitely more than just investigating ITV PLC recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ITV PLC is a good investment. Please check the relationship between ITV PLC Cash And Short Term Investments and its Total Current Liabilities accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ITV PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Cash And Short Term Investments vs Total Current Liabilities

Cash And Short Term Investments vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ITV PLC Cash And Short Term Investments account and Total Current Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between ITV PLC's Cash And Short Term Investments and Total Current Liabilities is -0.02. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of ITV PLC, assuming nothing else is changed. The correlation between historical values of ITV PLC's Cash And Short Term Investments and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of ITV PLC are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Cash And Short Term Investments i.e., ITV PLC's Cash And Short Term Investments and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.02

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of ITV PLC balance sheet. This account contains ITV PLC investments that will expire within one year. These investments include stocks and bonds that can be liquidated by ITV PLC fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Total Current Liabilities

Total Current Liabilities is an item on ITV PLC balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of ITV PLC 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.

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

The current year's Selling General Administrative is expected to grow to about 2.7 M, whereas Discontinued Operations is forecasted to decline to (945 K).

	2021	2022	2023	2024 (projected)
Interest Expense	58M	38M	62M	56.8M
Depreciation And Amortization	131M	129M	133M	121.1M

Interest Expense Depreciation And Amortization

ITV PLC fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Accounts Payable	Cash	Long Term Debt	Net Receivables	Good Will	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Retained Earnings	Other Assets	Short Long Term Debt Total	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding
Total Assets		0.53	0.87	0.37	-0.51	0.63	-0.2	0.46	0.77	0.14	0.75	-0.52	0.67	0.55	0.3	0.59	0.74	0.74	0.7	0.53	0.61	0.89	-0.48	0.03	0.42	0.28
Other Current Liab	0.53		0.79	-0.29	-0.02	-0.06	-0.73	0.54	0.78	0.24	0.47	-0.15	0.78	0.49	0.76	0.61	0.23	0.43	0.65	0.85	0.6	0.56	-0.58	0.05	0.75	0.68
Total Current Liabilities	0.87	0.79		0.08	-0.35	0.37	-0.48	0.5	0.82	0.11	0.64	-0.34	0.81	0.69	0.52	0.62	0.5	0.52	0.74	0.75	0.71	0.84	-0.68	-0.02	0.51	0.45
Total Stockholder Equity	0.37	-0.29	0.08		-0.79	0.48	0.59	-0.54	0.11	-0.34	0.42	-0.71	-0.42	0.2	-0.62	0.34	0.67	0.27	-0.36	-0.18	-0.24	0.3	-0.03	-0.18	-0.39	-0.6
Other Liab	-0.51	-0.02	-0.35	-0.79		-0.6	-0.36	0.15	-0.46	0.22	-0.38	0.73	0.1	-0.4	0.48	-0.45	-0.52	-0.18	0.01	-0.03	-0.22	-0.57	0.33	0.4	0.33	0.5
Accounts Payable	0.63	-0.06	0.37	0.48	-0.6		0.12	0.17	0.34	0.1	0.5	-0.35	0.17	0.15	-0.2	0.37	0.51	0.48	0.31	0.12	0.46	0.6	-0.02	-0.37	-0.06	-0.12
Cash	-0.2	-0.73	-0.48	0.59	-0.36	0.12		-0.5	-0.48	-0.27	-0.28	-0.39	-0.64	-0.21	-0.89	-0.29	-0.01	-0.3	-0.49	-0.68	-0.6	-0.27	0.15	0.22	-0.83	-0.83
Long Term Debt	0.46	0.54	0.5	-0.54	0.15	0.17	-0.5		0.55	0.51	0.17	0.2	0.88	0.11	0.57	0.06	-0.12	0.27	0.94	0.35	0.77	0.52	-0.27	0.16	0.52	0.55
Net Receivables	0.77	0.78	0.82	0.11	-0.46	0.34	-0.48	0.55		0.13	0.73	-0.42	0.7	0.58	0.4	0.58	0.44	0.59	0.66	0.59	0.77	0.85	-0.57	-0.22	0.49	0.32
Good Will	0.14	0.24	0.11	-0.34	0.22	0.1	-0.27	0.51	0.13		0.24	0.19	0.4	-0.56	0.42	-0.18	0.01	0.24	0.47	0.09	0.18	0.02	-0.05	0.42	0.38	0.54
Inventory	0.75	0.47	0.64	0.42	-0.38	0.5	-0.28	0.17	0.73	0.24		-0.44	0.41	0.3	0.25	0.49	0.72	0.79	0.38	0.4	0.41	0.7	-0.33	-0.11	0.4	0.24
Other Current Assets	-0.52	-0.15	-0.34	-0.71	0.73	-0.35	-0.39	0.2	-0.42	0.19	-0.44		0.04	-0.5	0.3	-0.51	-0.66	-0.39	0.01	-0.2	0.06	-0.44	0.56	-0.09	0.17	0.29
Total Liab	0.67	0.78	0.81	-0.42	0.1	0.17	-0.64	0.88	0.7	0.4	0.41	0.04		0.4	0.75	0.32	0.14	0.43	0.97	0.65	0.79	0.67	-0.51	0.19	0.68	0.7
Intangible Assets	0.55	0.49	0.69	0.2	-0.4	0.15	-0.21	0.11	0.58	-0.56	0.3	-0.5	0.4		0.17	0.57	0.35	0.19	0.3	0.58	0.42	0.64	-0.69	-0.22	0.12	0.03
Common Stock	0.3	0.76	0.52	-0.62	0.48	-0.2	-0.89	0.57	0.4	0.42	0.25	0.3	0.75	0.17		0.27	0.12	0.4	0.61	0.73	0.44	0.21	-0.24	0.21	0.92	0.98
Property Plant Equipment	0.59	0.61	0.62	0.34	-0.45	0.37	-0.29	0.06	0.58	-0.18	0.49	-0.51	0.32	0.57	0.27		0.57	0.46	0.22	0.8	0.34	0.61	-0.33	-0.21	0.45	0.22
Retained Earnings	0.74	0.23	0.5	0.67	-0.52	0.51	-0.01	-0.12	0.44	0.01	0.72	-0.66	0.14	0.35	0.12	0.57		0.79	0.14	0.37	0.06	0.5	-0.22	0.03	0.32	0.16
Other Assets	0.74	0.43	0.52	0.27	-0.18	0.48	-0.3	0.27	0.59	0.24	0.79	-0.39	0.43	0.19	0.4	0.46	0.79		0.43	0.4	0.33	0.52	-0.08	0.03	0.61	0.45
Short Long Term Debt Total	0.7	0.65	0.74	-0.36	0.01	0.31	-0.49	0.94	0.66	0.47	0.38	0.01	0.97	0.3	0.61	0.22	0.14	0.43		0.5	0.81	0.68	-0.45	0.2	0.56	0.59
Property Plant And Equipment Net	0.53	0.85	0.75	-0.18	-0.03	0.12	-0.68	0.35	0.59	0.09	0.4	-0.2	0.65	0.58	0.73	0.8	0.37	0.4	0.5		0.47	0.51	-0.52	0.0	0.71	0.68
Net Debt	0.61	0.6	0.71	-0.24	-0.22	0.46	-0.6	0.77	0.77	0.18	0.41	0.06	0.79	0.42	0.44	0.34	0.06	0.33	0.81	0.47		0.79	-0.32	-0.41	0.43	0.36
Non Current Assets Total	0.89	0.56	0.84	0.3	-0.57	0.6	-0.27	0.52	0.85	0.02	0.7	-0.44	0.67	0.64	0.21	0.61	0.5	0.52	0.68	0.51	0.79		-0.52	-0.25	0.32	0.13
Non Currrent Assets Other	-0.48	-0.58	-0.68	-0.03	0.33	-0.02	0.15	-0.27	-0.57	-0.05	-0.33	0.56	-0.51	-0.69	-0.24	-0.33	-0.22	-0.08	-0.45	-0.52	-0.32	-0.52		-0.22	-0.07	-0.17
Cash And Short Term Investments	0.03	0.05	-0.02	-0.18	0.4	-0.37	0.22	0.16	-0.22	0.42	-0.11	-0.09	0.19	-0.22	0.21	-0.21	0.03	0.03	0.2	0.0	-0.41	-0.25	-0.22		0.13	0.28
Common Stock Total Equity	0.42	0.75	0.51	-0.39	0.33	-0.06	-0.83	0.52	0.49	0.38	0.4	0.17	0.68	0.12	0.92	0.45	0.32	0.61	0.56	0.71	0.43	0.32	-0.07	0.13		0.9
Common Stock Shares Outstanding	0.28	0.68	0.45	-0.6	0.5	-0.12	-0.83	0.55	0.32	0.54	0.24	0.29	0.7	0.03	0.98	0.22	0.16	0.45	0.59	0.68	0.36	0.13	-0.17	0.28	0.9

Click cells to compare fundamentals

ITV PLC Account Relationship Matchups

ITV PLC fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.6B	4.0B	4.2B	4.5B	4.2B	4.0B
Other Current Liab	939M	971M	883M	906M	948M	700.7M
Total Current Liabilities	1.3B	1.4B	1.7B	1.8B	1.3B	1.2B
Total Stockholder Equity	848M	1.1B	1.5B	1.8B	1.8B	1.2B
Other Liab	251M	214M	201M	186M	213.9M	354.2M
Accounts Payable	127M	108M	109M	158M	130M	165.5M
Cash	246M	668M	736M	348M	340M	429.8M
Long Term Debt	1.0B	1.1B	732M	541M	758M	835.9M
Net Receivables	821M	824M	650M	875M	872M	485.1M
Good Will	1.2B	1.2B	1.2B	1.4B	1.4B	1.5B
Inventory	323M	308M	313M	870M	647M	363.7M
Total Liab	2.7B	2.8B	2.7B	2.6B	2.4B	2.4B
Intangible Assets	1.6B	1.5B	1.5B	1.6B	178M	169.1M
Property Plant Equipment	269M	285M	254M	286M	328.9M	247.5M
Retained Earnings	99M	394M	729M	1.0B	919M	965.0M
Other Assets	137M	139M	142M	253M	291.0M	305.5M
Short Long Term Debt Total	1.1B	1.2B	1.1B	962M	878M	1.0B
Property Plant And Equipment Net	269M	285M	254M	286M	263M	243.7M
Net Debt	869M	522M	378M	614M	538M	479.3M
Non Current Assets Total	2.1B	2.1B	2.0B	2.3B	2.2B	1.8B
Non Currrent Assets Other	(1.1B)	(1.1B)	(1.1B)	(1.1B)	325M	341.3M
Cash And Short Term Investments	246M	668M	736M	348M	340M	408M
Common Stock Shares Outstanding	4.0B	4.0B	4.1B	4.0B	4.1B	4.4B
Liabilities And Stockholders Equity	3.6B	4.0B	4.2B	4.5B	4.2B	3.0B
Non Current Liabilities Total	993M	1.4B	1.4B	1.0B	846M	908.2M
Property Plant And Equipment Gross	269M	285M	514M	545M	481M	283.0M
Total Current Assets	1.4B	1.9B	2.2B	2.1B	2.0B	1.7B
Short Term Debt	35M	29M	311M	310M	23M	21.9M
Accumulated Other Comprehensive Income	172M	151M	174M	222M	287M	301.4M
Short Term Investments	(63M)	(48M)	(42M)	(46M)	76M	79.8M
Net Tangible Assets	(754M)	(429M)	(8M)	209M	240.4M	252.4M
Short Long Term Debt	10M	7M	290M	289M	5M	4.8M
Net Invested Capital	1.9B	2.2B	2.5B	2.7B	2.5B	2.4B

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.

ESRT	Empire State Realty
C	Citigroup
C	Citigroup

Other Information on Investing in ITV Stock

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

ITV Cash And Short Term Investments vs Total Current Liabilities Analysis

Cash And Short Term Investments vs Total Current Liabilities

Cash And Short Term Investments vs Total Current Liabilities Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Total Current Liabilities

ITV PLC fundamental ratios Correlations

ITV PLC Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ITV PLC fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in ITV Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock Shares Outstanding	+ 0.98	Common Stock
Short Long Term Debt Total	+ 0.97	Total Liab
Short Long Term Debt Total	+ 0.94	Long Term Debt
Common Stock Total Equity	+ 0.92	Common Stock
Common Stock Shares Outstanding	+ 0.9	Common Stock Total Equity
Non Current Assets Total	+ 0.89	Total Assets

Common Stock	- 0.89	Cash
Common Stock Shares Outstanding	- 0.83	Cash
Common Stock Total Equity	- 0.83	Cash
Other Liab	- 0.79	Total Stockholder Equity
Cash	- 0.73	Other Current Liab
Other Current Assets	- 0.71	Total Stockholder Equity