Kuke Gross Profit vs Net Interest Income Analysis
KUKE Stock | USD 0.34 0.02 5.56% |
Kuke Music financial indicator trend analysis is infinitely more than just investigating Kuke Music Holding recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kuke Music Holding is a good investment. Please check the relationship between Kuke Music Gross Profit and its Net Interest Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kuke Music Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
Gross Profit vs Net Interest Income
Gross Profit vs Net Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kuke Music Holding Gross Profit account and Net Interest Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between Kuke Music's Gross Profit and Net Interest Income is 0.21. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Kuke Music Holding, assuming nothing else is changed. The correlation between historical values of Kuke Music's Gross Profit and Net Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Kuke Music Holding are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Gross Profit i.e., Kuke Music's Gross Profit and Net Interest Income go up and down completely randomly.
Correlation Coefficient | 0.21 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Kuke Music Holding minus its cost of goods sold. It is profit before Kuke Music operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Most indicators from Kuke Music's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kuke Music Holding 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kuke Music Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. The current year's Selling General Administrative is expected to grow to about 70.5 M, whereas Tax Provision is forecasted to decline to 5,700.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 37.0M | 23.3M | 9.8M | 17.6M | Interest Income | 79K | 34K | 9K | 8.6K |
Kuke Music fundamental ratios Correlations
Click cells to compare fundamentals
Kuke Music Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kuke Music fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 503.6M | 877.4M | 1.1B | 246.7M | 248.5M | 236.1M | |
Short Long Term Debt Total | 69.7M | 77.5M | 50.8M | 77.8M | 86.3M | 65.0M | |
Other Current Liab | 68.5M | 136.6M | 103.3M | 71.3M | 78.2M | 94.4M | |
Total Current Liabilities | 179.4M | 204.3M | 161.5M | 180.9M | 207.1M | 179.4M | |
Total Stockholder Equity | 278.7M | 656.1M | 938.7M | 58.5M | 21.7M | 20.7M | |
Property Plant And Equipment Net | 14.8M | 33.1M | 63.5M | 16.3M | 4.3M | 4.0M | |
Current Deferred Revenue | 16.0M | 24.3M | 23.5M | 20.7M | 6.3M | 6.0M | |
Net Debt | 46.7M | 51.8M | (8.2M) | 72.4M | 78.7M | 82.7M | |
Accounts Payable | 34.7M | 29.5M | 33.5M | 44.8M | 57.4M | 36.9M | |
Cash | 23.0M | 25.7M | 59.0M | 5.4M | 7.6M | 7.2M | |
Non Current Assets Total | 281.0M | 638.4M | 877.8M | 193.5M | 194.8M | 383.5M | |
Non Currrent Assets Other | 91.5M | 95.6M | 95.0M | 110.2M | 22.1M | 21.0M | |
Cash And Short Term Investments | 23.0M | 25.7M | 59.0M | 5.4M | 8.3M | 7.9M | |
Net Receivables | 185.4M | 181.9M | 116.4M | 11.8M | 22.8M | 21.7M | |
Short Term Investments | 1.2M | 89K | 244K | 116K | 735.0K | 381.7K | |
Liabilities And Stockholders Equity | 503.6M | 877.4M | 1.1B | 246.7M | 248.5M | 236.1M | |
Non Current Liabilities Total | 41.6M | 11.9M | 8.6M | 5.1M | 17.9M | 14.0M | |
Capital Lease Obligations | 14.7M | 17.5M | 3.3M | 8.8M | 4.2M | 4.0M | |
Inventory | 1.8M | 950K | 7.3M | 778K | 1.0 | 0.95 | |
Other Current Assets | 12.4M | 28.5M | 52.9M | 35.2M | 21.1M | 30.7M | |
Total Liab | 221.1M | 216.2M | 170.1M | 186.0M | 224.9M | 193.3M | |
Net Invested Capital | 333.7M | 716.1M | 986.3M | 127.5M | 103.9M | 98.7M | |
Short Long Term Debt | 55M | 60M | 41.5M | 69.0M | 79.1M | 54.9M | |
Total Current Assets | 222.6M | 239.0M | 237.5M | 53.3M | 53.7M | 51.1M | |
Accumulated Other Comprehensive Income | 278.6M | 655.9M | 938.5M | 58.3M | 941.2M | 503.1M | |
Net Working Capital | 43.2M | 34.7M | 76.0M | (127.6M) | (153.3M) | (145.7M) | |
Short Term Debt | 60.2M | 67.7M | 44.0M | 73.2M | 80.8M | 59.0M | |
Intangible Assets | 168.5M | 263.1M | 473.3M | 66.2M | 165.3M | 209.7M | |
Retained Earnings | 117.1M | 100.7M | 41.1M | (853.1M) | (918.4M) | (872.5M) | |
Other Stockholder Equity | (117.1M) | (100.7M) | 39.8M | (1.3M) | (1.1M) | (1.2M) |
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.When determining whether Kuke Music Holding is a strong investment it is important to analyze Kuke Music'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 Kuke Music's future performance. For an informed investment choice regarding Kuke Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kuke Music Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Movies & Entertainment 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 Kuke Music. If investors know Kuke 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 Kuke Music 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 1.261 | Earnings Share (0.28) | Revenue Per Share 3.174 | Quarterly Revenue Growth 0.037 | Return On Assets (0.09) |
The market value of Kuke Music Holding is measured differently than its book value, which is the value of Kuke that is recorded on the company's balance sheet. Investors also form their own opinion of Kuke Music's value that differs from its market value or its book value, called intrinsic value, which is Kuke Music'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 Kuke Music's market value can be influenced by many factors that don't directly affect Kuke Music'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 Kuke Music's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kuke Music is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kuke Music'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.