ITV Total Liab vs Non Currrent Assets Other Analysis

ITV Stock   72.65  0.15  0.21%   
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 Total Liab and its Non Currrent Assets Other 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.

Total Liab vs Non Currrent Assets Other

Total Liab vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ITV PLC Total Liab account and Non Currrent Assets Other. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between ITV PLC's Total Liab and Non Currrent Assets Other is -0.51. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Non Currrent Assets Other 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 Total Liab and Non Currrent Assets Other 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 ITV PLC are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Liab i.e., ITV PLC's Total Liab and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.51
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Liab

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

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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 Expense58M38M62M56.8M
Depreciation And Amortization131M129M133M121.1M

ITV PLC fundamental ratios Correlations

0.530.870.37-0.510.63-0.20.460.770.140.75-0.520.670.550.30.590.740.740.70.530.610.89-0.480.030.420.28
0.530.79-0.29-0.02-0.06-0.730.540.780.240.47-0.150.780.490.760.610.230.430.650.850.60.56-0.580.050.750.68
0.870.790.08-0.350.37-0.480.50.820.110.64-0.340.810.690.520.620.50.520.740.750.710.84-0.68-0.020.510.45
0.37-0.290.08-0.790.480.59-0.540.11-0.340.42-0.71-0.420.2-0.620.340.670.27-0.36-0.18-0.240.3-0.03-0.18-0.39-0.6
-0.51-0.02-0.35-0.79-0.6-0.360.15-0.460.22-0.380.730.1-0.40.48-0.45-0.52-0.180.01-0.03-0.22-0.570.330.40.330.5
0.63-0.060.370.48-0.60.120.170.340.10.5-0.350.170.15-0.20.370.510.480.310.120.460.6-0.02-0.37-0.06-0.12
-0.2-0.73-0.480.59-0.360.12-0.5-0.48-0.27-0.28-0.39-0.64-0.21-0.89-0.29-0.01-0.3-0.49-0.68-0.6-0.270.150.22-0.83-0.83
0.460.540.5-0.540.150.17-0.50.550.510.170.20.880.110.570.06-0.120.270.940.350.770.52-0.270.160.520.55
0.770.780.820.11-0.460.34-0.480.550.130.73-0.420.70.580.40.580.440.590.660.590.770.85-0.57-0.220.490.32
0.140.240.11-0.340.220.1-0.270.510.130.240.190.4-0.560.42-0.180.010.240.470.090.180.02-0.050.420.380.54
0.750.470.640.42-0.380.5-0.280.170.730.24-0.440.410.30.250.490.720.790.380.40.410.7-0.33-0.110.40.24
-0.52-0.15-0.34-0.710.73-0.35-0.390.2-0.420.19-0.440.04-0.50.3-0.51-0.66-0.390.01-0.20.06-0.440.56-0.090.170.29
0.670.780.81-0.420.10.17-0.640.880.70.40.410.040.40.750.320.140.430.970.650.790.67-0.510.190.680.7
0.550.490.690.2-0.40.15-0.210.110.58-0.560.3-0.50.40.170.570.350.190.30.580.420.64-0.69-0.220.120.03
0.30.760.52-0.620.48-0.2-0.890.570.40.420.250.30.750.170.270.120.40.610.730.440.21-0.240.210.920.98
0.590.610.620.34-0.450.37-0.290.060.58-0.180.49-0.510.320.570.270.570.460.220.80.340.61-0.33-0.210.450.22
0.740.230.50.67-0.520.51-0.01-0.120.440.010.72-0.660.140.350.120.570.790.140.370.060.5-0.220.030.320.16
0.740.430.520.27-0.180.48-0.30.270.590.240.79-0.390.430.190.40.460.790.430.40.330.52-0.080.030.610.45
0.70.650.74-0.360.010.31-0.490.940.660.470.380.010.970.30.610.220.140.430.50.810.68-0.450.20.560.59
0.530.850.75-0.18-0.030.12-0.680.350.590.090.4-0.20.650.580.730.80.370.40.50.470.51-0.520.00.710.68
0.610.60.71-0.24-0.220.46-0.60.770.770.180.410.060.790.420.440.340.060.330.810.470.79-0.32-0.410.430.36
0.890.560.840.3-0.570.6-0.270.520.850.020.7-0.440.670.640.210.610.50.520.680.510.79-0.52-0.250.320.13
-0.48-0.58-0.68-0.030.33-0.020.15-0.27-0.57-0.05-0.330.56-0.51-0.69-0.24-0.33-0.22-0.08-0.45-0.52-0.32-0.52-0.22-0.07-0.17
0.030.05-0.02-0.180.4-0.370.220.16-0.220.42-0.11-0.090.19-0.220.21-0.210.030.030.20.0-0.41-0.25-0.220.130.28
0.420.750.51-0.390.33-0.06-0.830.520.490.380.40.170.680.120.920.450.320.610.560.710.430.32-0.070.130.9
0.280.680.45-0.60.5-0.12-0.830.550.320.540.240.290.70.030.980.220.160.450.590.680.360.13-0.170.280.9
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ITV PLC Account Relationship Matchups

ITV PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.6B4.0B4.2B4.5B4.2B4.0B
Other Current Liab939M971M883M906M948M700.7M
Total Current Liabilities1.3B1.4B1.7B1.8B1.3B1.2B
Total Stockholder Equity848M1.1B1.5B1.8B1.8B1.2B
Other Liab251M214M201M186M213.9M354.2M
Accounts Payable127M108M109M158M130M165.5M
Cash246M668M736M348M340M429.8M
Long Term Debt1.0B1.1B732M541M758M835.9M
Net Receivables821M824M650M875M872M485.1M
Good Will1.2B1.2B1.2B1.4B1.4B1.5B
Inventory323M308M313M870M647M363.7M
Total Liab2.7B2.8B2.7B2.6B2.4B2.4B
Intangible Assets1.6B1.5B1.5B1.6B178M169.1M
Property Plant Equipment269M285M254M286M328.9M247.5M
Retained Earnings99M394M729M1.0B919M965.0M
Other Assets137M139M142M253M291.0M305.5M
Short Long Term Debt Total1.1B1.2B1.1B962M878M1.0B
Property Plant And Equipment Net269M285M254M286M263M243.7M
Net Debt869M522M378M614M538M479.3M
Non Current Assets Total2.1B2.1B2.0B2.3B2.2B1.8B
Non Currrent Assets Other(1.1B)(1.1B)(1.1B)(1.1B)325M341.3M
Cash And Short Term Investments246M668M736M348M340M408M
Common Stock Shares Outstanding4.0B4.0B4.1B4.0B4.1B4.4B
Liabilities And Stockholders Equity3.6B4.0B4.2B4.5B4.2B3.0B
Non Current Liabilities Total993M1.4B1.4B1.0B846M908.2M
Property Plant And Equipment Gross269M285M514M545M481M283.0M
Total Current Assets1.4B1.9B2.2B2.1B2.0B1.7B
Short Term Debt35M29M311M310M23M21.9M
Accumulated Other Comprehensive Income172M151M174M222M287M301.4M
Short Term Investments(63M)(48M)(42M)(46M)76M79.8M
Net Tangible Assets(754M)(429M)(8M)209M240.4M252.4M
Short Long Term Debt10M7M290M289M5M4.8M
Net Invested Capital1.9B2.2B2.5B2.7B2.5B2.4B

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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.