Next Net Receivables vs Total Liab Analysis

NEXTMEDIA

10.58 1.76 19.95%

Next Mediaworks financial indicator trend analysis is infinitely more than just investigating Next Mediaworks recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Next Mediaworks is a good investment. Please check the relationship between Next Mediaworks Net Receivables and its Total Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Next Mediaworks Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Net Receivables vs Total Liab

Net Receivables vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Next Mediaworks Net Receivables account and Total Liab. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Next Mediaworks' Net Receivables and Total Liab is -0.27. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Liab in the same time period over historical financial statements of Next Mediaworks Limited, assuming nothing else is changed. The correlation between historical values of Next Mediaworks' Net Receivables and Total 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 Net Receivables of Next Mediaworks Limited are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Net Receivables i.e., Next Mediaworks' Net Receivables and Total Liab go up and down completely randomly.

Correlation Coefficient

-0.27

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Receivables

Total Liab

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

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

As of November 23, 2024, Selling General Administrative is expected to decline to about 13.6 M. Tax Provision is expected to grow at the current pace this year

	2021	2022	2023	2024 (projected)
Interest Expense	156.3M	183.1M	206.6M	104.2M
Depreciation And Amortization	93.1M	88.7M	85.1M	94.0M

Interest Expense Depreciation And Amortization

Next Mediaworks fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Term Debt	Accounts Payable	Current Deferred Revenue	Good Will
Total Assets		-0.63	0.87	0.31	0.84	0.53	-0.64	0.84	0.13	0.91	0.59	-0.01	0.76	-0.78	0.69	-0.61	0.41	0.49	0.02	-0.65	0.71	-0.8	0.66	0.13	-0.12	0.64
Short Long Term Debt Total	-0.63		-0.48	-0.49	-0.9	0.13	1.0	-0.89	0.02	-0.82	-0.11	0.2	-0.36	0.69	-0.01	0.98	-0.5	0.11	0.0	0.86	-0.16	0.63	-0.53	0.01	-0.07	-0.67
Other Current Liab	0.87	-0.48		0.02	0.74	0.63	-0.5	0.75	0.42	0.77	0.68	0.3	0.65	-0.62	0.76	-0.44	0.39	0.56	-0.01	-0.48	0.81	-0.64	0.5	-0.13	-0.38	0.65
Total Current Liabilities	0.31	-0.49	0.02		0.27	-0.19	-0.47	0.28	-0.24	0.38	-0.11	-0.29	0.55	-0.13	0.02	-0.6	-0.11	-0.21	-0.03	-0.31	0.16	-0.15	0.81	0.73	0.77	-0.01
Total Stockholder Equity	0.84	-0.9	0.74	0.27		0.23	-0.91	0.99	0.13	0.93	0.37	-0.05	0.46	-0.85	0.34	-0.87	0.55	0.21	0.12	-0.85	0.42	-0.81	0.49	-0.07	-0.14	0.86
Property Plant And Equipment Net	0.53	0.13	0.63	-0.19	0.23		0.12	0.26	0.14	0.35	0.57	0.14	0.38	-0.39	0.92	0.15	-0.09	0.82	0.24	0.12	0.72	-0.48	0.19	0.15	-0.23	0.32
Net Debt	-0.64	1.0	-0.5	-0.47	-0.91	0.12		-0.89	-0.05	-0.82	-0.13	0.13	-0.37	0.68	-0.02	0.98	-0.52	0.11	-0.01	0.87	-0.2	0.62	-0.52	0.02	-0.06	-0.68
Retained Earnings	0.84	-0.89	0.75	0.28	0.99	0.26	-0.89		0.12	0.92	0.38	-0.05	0.46	-0.88	0.35	-0.87	0.49	0.22	0.1	-0.86	0.42	-0.84	0.5	-0.04	-0.14	0.88
Cash	0.13	0.02	0.42	-0.24	0.13	0.14	-0.05	0.12		-0.09	0.28	0.96	0.15	0.1	0.22	0.03	0.34	0.02	0.15	-0.15	0.5	0.14	-0.05	-0.25	-0.2	0.25
Non Current Assets Total	0.91	-0.82	0.77	0.38	0.93	0.35	-0.82	0.92	-0.09		0.44	-0.25	0.6	-0.83	0.49	-0.79	0.42	0.38	-0.01	-0.7	0.5	-0.83	0.66	0.06	-0.11	0.68
Non Currrent Assets Other	0.59	-0.11	0.68	-0.11	0.37	0.57	-0.13	0.38	0.28	0.44		0.17	0.57	-0.38	0.73	-0.05	0.2	0.67	0.01	-0.09	0.67	-0.44	0.19	0.12	-0.22	0.36
Cash And Short Term Investments	-0.01	0.2	0.3	-0.29	-0.05	0.14	0.13	-0.05	0.96	-0.25	0.17		0.06	0.24	0.19	0.19	0.13	0.06	0.17	0.02	0.44	0.26	-0.13	-0.23	-0.14	0.11
Net Receivables	0.76	-0.36	0.65	0.55	0.46	0.38	-0.37	0.46	0.15	0.6	0.57	0.06		-0.31	0.67	-0.38	0.21	0.29	-0.08	-0.27	0.81	-0.36	0.77	0.49	0.23	0.19
Common Stock Shares Outstanding	-0.78	0.69	-0.62	-0.13	-0.85	-0.39	0.68	-0.88	0.1	-0.83	-0.38	0.24	-0.31		-0.36	0.65	-0.22	-0.41	-0.16	0.74	-0.26	0.97	-0.34	0.01	0.25	-0.85
Short Term Investments	0.69	-0.01	0.76	0.02	0.34	0.92	-0.02	0.35	0.22	0.49	0.73	0.19	0.67	-0.36		0.01	0.05	0.8	0.12	0.04	0.9	-0.47	0.41	0.26	-0.11	0.28
Non Current Liabilities Total	-0.61	0.98	-0.44	-0.6	-0.87	0.15	0.98	-0.87	0.03	-0.79	-0.05	0.19	-0.38	0.65	0.01		-0.42	0.16	-0.01	0.86	-0.16	0.6	-0.6	-0.1	-0.19	-0.64
Inventory	0.41	-0.5	0.39	-0.11	0.55	-0.09	-0.52	0.49	0.34	0.42	0.2	0.13	0.21	-0.22	0.05	-0.42		-0.19	-0.09	-0.52	0.24	-0.2	0.03	-0.37	-0.25	0.36
Other Current Assets	0.49	0.11	0.56	-0.21	0.21	0.82	0.11	0.22	0.02	0.38	0.67	0.06	0.29	-0.41	0.8	0.16	-0.19		0.15	0.15	0.56	-0.52	0.17	0.02	-0.3	0.24
Other Stockholder Equity	0.02	0.0	-0.01	-0.03	0.12	0.24	-0.01	0.1	0.15	-0.01	0.01	0.17	-0.08	-0.16	0.12	-0.01	-0.09	0.15		0.0	0.13	-0.2	-0.01	0.05	0.03	0.28
Total Liab	-0.65	0.86	-0.48	-0.31	-0.85	0.12	0.87	-0.86	-0.15	-0.7	-0.09	0.02	-0.27	0.74	0.04	0.86	-0.52	0.15	0.0		-0.12	0.66	-0.38	0.1	0.04	-0.75
Total Current Assets	0.71	-0.16	0.81	0.16	0.42	0.72	-0.2	0.42	0.5	0.5	0.67	0.44	0.81	-0.26	0.9	-0.16	0.24	0.56	0.13	-0.12		-0.34	0.53	0.25	0.0	0.3
Common Stock	-0.8	0.63	-0.64	-0.15	-0.81	-0.48	0.62	-0.84	0.14	-0.83	-0.44	0.26	-0.36	0.97	-0.47	0.6	-0.2	-0.52	-0.2	0.66	-0.34		-0.4	-0.03	0.22	-0.8
Short Term Debt	0.66	-0.53	0.5	0.81	0.49	0.19	-0.52	0.5	-0.05	0.66	0.19	-0.13	0.77	-0.34	0.41	-0.6	0.03	0.17	-0.01	-0.38	0.53	-0.4		0.45	0.32	0.16
Accounts Payable	0.13	0.01	-0.13	0.73	-0.07	0.15	0.02	-0.04	-0.25	0.06	0.12	-0.23	0.49	0.01	0.26	-0.1	-0.37	0.02	0.05	0.1	0.25	-0.03	0.45		0.85	-0.15
Current Deferred Revenue	-0.12	-0.07	-0.38	0.77	-0.14	-0.23	-0.06	-0.14	-0.2	-0.11	-0.22	-0.14	0.23	0.25	-0.11	-0.19	-0.25	-0.3	0.03	0.04	0.0	0.22	0.32	0.85		-0.29
Good Will	0.64	-0.67	0.65	-0.01	0.86	0.32	-0.68	0.88	0.25	0.68	0.36	0.11	0.19	-0.85	0.28	-0.64	0.36	0.24	0.28	-0.75	0.3	-0.8	0.16	-0.15	-0.29

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Next Mediaworks Account Relationship Matchups

Next Mediaworks fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.3B	1.0B	1.0B	919.7M	788.6M	1.3B
Short Long Term Debt Total	1.1B	1.4B	1.6B	1.6B	2.1B	2.2B
Other Current Liab	52.4M	31.4M	44.2M	25.8M	48.8M	46.4M
Total Current Liabilities	418.9M	155.3M	130.8M	108.7M	115.2M	109.4M
Total Stockholder Equity	(72.0M)	(346.2M)	(515.1M)	(657.5M)	(878.8M)	(834.9M)
Property Plant And Equipment Net	250.1M	226.7M	198M	197.1M	173.8M	189.1M
Net Debt	1.1B	1.3B	1.5B	1.5B	2.1B	2.2B
Retained Earnings	(1.6B)	(1.9B)	(2.0B)	(2.2B)	(2.4B)	(2.3B)
Cash	15.3M	16.6M	33.4M	34.4M	77.8M	81.7M
Non Current Assets Total	1.1B	840.3M	745.7M	674.1M	490.4M	465.9M
Non Currrent Assets Other	(893.3M)	54.4M	5.7M	42M	59.6M	30.7M
Cash And Short Term Investments	39.2M	17.1M	83.4M	34.4M	99.3M	104.3M
Net Receivables	145.8M	67.2M	126M	146.7M	132.3M	160.1M
Common Stock Shares Outstanding	66.8M	66.9M	66.9M	66.9M	76.9M	66.8M
Short Term Investments	23.9M	500K	50M	14.3M	23.1M	21.9M
Liabilities And Stockholders Equity	1.3B	1.0B	1.0B	919.7M	788.6M	1.3B
Non Current Liabilities Total	912.6M	1.4B	1.7B	1.9B	2.1B	2.2B
Inventory	(5.2M)	(5.4M)	(5.7M)	(50M)	6.5M	0.95
Other Current Assets	30.7M	95.9M	178.5M	64.5M	66.6M	67.8M
Total Liab	1.3B	1.5B	1.8B	2.0B	2.2B	1.2B
Total Current Assets	281.3M	180.1M	261.9M	245.6M	298.2M	273.0M
Accumulated Other Comprehensive Income	(290.8M)	(253.4M)	0.0	(1.5B)	(1.4B)	(1.3B)
Short Term Debt	249.1M	9.7M	11.2M	(6M)	15.9M	15.1M
Accounts Payable	212.4M	63.5M	49.3M	42.9M	50.5M	62.8M
Current Deferred Revenue	77.0M	43.1M	48.1M	(18M)	21.6M	20.5M
Intangible Assets	730.4M	559.2M	497.1M	435M	258.5M	245.6M
Other Liab	44.5M	43.6M	134M	296.2M	340.6M	357.7M
Net Tangible Assets	(752.5M)	(905.4M)	(1.0B)	(1.1B)	(983.3M)	(1.0B)
Other Assets	3K	54.4M	50.6M	3.7M	3.3M	3.2M
Long Term Debt	686.4M	1.2B	1.4B	1.4B	2.0B	2.1B
Property Plant Equipment	259.5M	226.7M	198M	197.1M	226.7M	140.5M
Long Term Debt Total	868.0M	1.3B	1.6B	1.6B	1.8B	964.4M
Net Invested Capital	834.7M	805.8M	874.9M	745.6M	1.1B	932.4M
Net Working Capital	(137.6M)	24.8M	131.1M	136.9M	183M	192.2M

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

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Next Net Receivables vs Total Liab Analysis

Net Receivables vs Total Liab

Net Receivables vs Total Liab Correlation Analysis

Correlation Coefficient

Net Receivables

Total Liab

Next Mediaworks fundamental ratios Correlations

Next Mediaworks Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Next Mediaworks fundamental ratios Accounts

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Net Debt	+ 1.0	Short Long Term Debt Total
Retained Earnings	+ 0.99	Total Stockholder Equity
Non Current Liabilities Total	+ 0.98	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.98	Net Debt
Common Stock	+ 0.97	Common Stock Shares Outstanding
Cash And Short Term Investments	+ 0.96	Cash

Net Debt	- 0.91	Total Stockholder Equity
Total Stockholder Equity	- 0.9	Short Long Term Debt Total
Retained Earnings	- 0.89	Net Debt
Retained Earnings	- 0.89	Short Long Term Debt Total
Common Stock Shares Outstanding	- 0.88	Retained Earnings
Non Current Liabilities Total	- 0.87	Retained Earnings