Mediaco Other Current Assets vs Other Current Liab Analysis

MDIA Stock  USD 1.32  0.05  3.94%   
Mediaco Holding financial indicator trend analysis is infinitely more than just investigating Mediaco Holding recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mediaco Holding is a good investment. Please check the relationship between Mediaco Holding Other Current Assets and its Other Current Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mediaco 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 gross domestic product.
For information on how to trade Mediaco Stock refer to our How to Trade Mediaco Stock guide.

Other Current Assets vs Other Current Liab

Other Current Assets vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mediaco Holding Other Current Assets account and Other Current Liab. At this time, the significance of the direction appears to have pay attention.
The correlation between Mediaco Holding's Other Current Assets and Other Current Liab is -0.94. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Mediaco Holding, assuming nothing else is changed. The correlation between historical values of Mediaco Holding's Other Current Assets and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Mediaco Holding are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Other Current Assets i.e., Mediaco Holding's Other Current Assets and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.94
Relationship DirectionNegative 
Relationship StrengthSignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Other Current Liab

Most indicators from Mediaco Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mediaco 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 Mediaco 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 gross domestic product.
For information on how to trade Mediaco Stock refer to our How to Trade Mediaco Stock guide.The current year's Sales General And Administrative To Revenue is expected to grow to 0.29, whereas Tax Provision is forecasted to decline to about 325.9 K.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization2.7M2.8M568K539.6K
Tax Provision358K336K343K325.9K

Mediaco Holding fundamental ratios Correlations

0.60.66-0.890.990.820.310.990.390.680.190.9-0.57-0.790.940.040.930.6-0.82-0.740.8-0.010.330.67-0.770.29
0.6-0.03-0.240.570.55-0.210.610.670.73-0.210.69-0.94-0.130.540.260.640.27-0.36-0.510.510.340.070.14-0.20.07
0.66-0.03-0.720.710.50.420.660.030.160.10.43-0.08-0.690.70.060.410.35-0.59-0.770.80.030.370.52-0.60.33
-0.89-0.24-0.72-0.9-0.74-0.5-0.86-0.15-0.51-0.35-0.80.190.95-0.880.13-0.85-0.610.850.56-0.620.08-0.37-0.810.85-0.32
0.990.570.71-0.90.850.270.990.370.690.10.91-0.54-0.780.960.130.90.54-0.79-0.780.820.060.430.63-0.730.39
0.820.550.5-0.740.850.130.80.460.85-0.20.9-0.41-0.640.890.350.830.5-0.65-0.560.590.170.550.43-0.530.5
0.31-0.210.42-0.50.270.130.16-0.30.050.540.210.32-0.680.31-0.670.380.84-0.750.030.09-0.15-0.430.85-0.82-0.49
0.990.610.66-0.860.990.80.160.420.650.130.88-0.61-0.730.920.150.880.46-0.72-0.790.830.010.430.56-0.670.4
0.390.670.03-0.150.370.46-0.30.420.290.010.35-0.74-0.180.280.060.340.07-0.26-0.450.450.08-0.020.04-0.10.0
0.680.730.16-0.510.690.850.050.650.29-0.390.9-0.5-0.360.780.440.810.49-0.5-0.370.390.380.430.31-0.360.39
0.19-0.210.1-0.350.1-0.20.540.130.01-0.39-0.080.15-0.51-0.06-0.90.190.39-0.450.14-0.05-0.67-0.520.6-0.58-0.53
0.90.690.43-0.80.910.90.210.880.350.9-0.08-0.54-0.670.940.220.950.57-0.73-0.570.610.250.440.58-0.630.4
-0.57-0.94-0.080.19-0.54-0.410.32-0.61-0.74-0.50.15-0.540.07-0.46-0.25-0.48-0.090.270.67-0.66-0.3-0.05-0.050.12-0.07
-0.79-0.13-0.690.95-0.78-0.64-0.68-0.73-0.18-0.36-0.51-0.670.07-0.770.38-0.77-0.720.920.44-0.530.13-0.12-0.920.93-0.06
0.940.540.7-0.880.960.890.310.920.280.78-0.060.94-0.46-0.770.220.890.56-0.78-0.730.780.260.490.63-0.70.44
0.040.260.060.130.130.35-0.670.150.060.44-0.90.22-0.250.380.22-0.03-0.460.41-0.310.220.430.78-0.60.520.8
0.930.640.41-0.850.90.830.380.880.340.810.190.95-0.48-0.770.89-0.030.73-0.85-0.470.550.010.230.72-0.790.18
0.60.270.35-0.610.540.50.840.460.070.490.390.57-0.09-0.720.56-0.460.73-0.9-0.130.26-0.12-0.320.85-0.89-0.38
-0.82-0.36-0.590.85-0.79-0.65-0.75-0.72-0.26-0.5-0.45-0.730.270.92-0.780.41-0.85-0.90.45-0.560.040.1-0.940.970.17
-0.74-0.51-0.770.56-0.78-0.560.03-0.79-0.45-0.370.14-0.570.670.44-0.73-0.31-0.47-0.130.45-0.99-0.31-0.39-0.270.36-0.38
0.80.510.8-0.620.820.590.090.830.450.39-0.050.61-0.66-0.530.780.220.550.26-0.56-0.990.260.320.38-0.480.31
-0.010.340.030.080.060.17-0.150.010.080.38-0.670.25-0.30.130.260.430.01-0.120.04-0.310.260.23-0.070.190.22
0.330.070.37-0.370.430.55-0.430.43-0.020.43-0.520.44-0.05-0.120.490.780.23-0.320.1-0.390.320.23-0.190.141.0
0.670.140.52-0.810.630.430.850.560.040.310.60.58-0.05-0.920.63-0.60.720.85-0.94-0.270.38-0.07-0.19-0.97-0.26
-0.77-0.2-0.60.85-0.73-0.53-0.82-0.67-0.1-0.36-0.58-0.630.120.93-0.70.52-0.79-0.890.970.36-0.480.190.14-0.970.21
0.290.070.33-0.320.390.5-0.490.40.00.39-0.530.4-0.07-0.060.440.80.18-0.380.17-0.380.310.221.0-0.260.21
Click cells to compare fundamentals

Mediaco Holding Account Relationship Matchups

Mediaco Holding fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets167.2M146.4M148.2M96.7M105.6M131.0M
Other Current Liab18.3M(2.3M)5.3M1.6M(840K)(798K)
Total Current Liabilities20.8M77.7M14.0M11.1M11.7M22.5M
Total Stockholder Equity39.9M13.3M10.4M73.3M37.4M37.9M
Property Plant And Equipment Net57.9M51.6M48.2M5.7M15.0M28.9M
Current Deferred Revenue1.7M1.5M2.0M825K557K988.5K
Non Current Assets Total151.1M131.2M126.6M70.5M91.7M113.4M
Non Currrent Assets Other91.6M331K343K78K12.1M20.8M
Net Receivables11.1M8.5M12.2M8.6M6.7M7.2M
Liabilities And Stockholders Equity167.2M146.4M148.2M96.7M105.6M131.0M
Non Current Liabilities Total106.5M55.4M123.8M12.3M17.6M16.7M
Other Current Assets(74.6M)2.5M3.3M4.9M2.1M2.2M
Other Stockholder Equity57.0M20.8M24.0M59.8M31.5M41.1M
Total Liab127.3M133.1M137.8M23.4M29.3M27.9M
Property Plant And Equipment Gross57.9M27.7M67.9M21.4M20.0M31.5M
Total Current Assets16.1M15.2M21.6M26.3M13.9M17.6M
Intangible Assets67.5M66.1M64.9M64.7M64.6M52.1M

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 Mediaco Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mediaco Holding's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mediaco Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mediaco Holding Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mediaco 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 gross domestic product.
For information on how to trade Mediaco Stock refer to our How to Trade Mediaco Stock guide.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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 Mediaco Holding. If investors know Mediaco 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 Mediaco Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.13)
Revenue Per Share
1.311
Quarterly Revenue Growth
1.169
Return On Assets
(0.06)
Return On Equity
(1.11)
The market value of Mediaco Holding is measured differently than its book value, which is the value of Mediaco that is recorded on the company's balance sheet. Investors also form their own opinion of Mediaco Holding's value that differs from its market value or its book value, called intrinsic value, which is Mediaco Holding'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 Mediaco Holding's market value can be influenced by many factors that don't directly affect Mediaco Holding'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 Mediaco Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mediaco Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mediaco Holding'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.