Network Current Deferred Revenue vs Common Stock Shares Outstanding Analysis

NTE Stock  CAD 0.10  0.01  11.11%   
Network Media financial indicator trend analysis is infinitely more than just investigating Network Media Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Network Media Group is a good investment. Please check the relationship between Network Media Current Deferred Revenue and its Common Stock Shares Outstanding accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Network Media Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Current Deferred Revenue vs Common Stock Shares Outstanding

Current Deferred Revenue vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Network Media Group Current Deferred Revenue account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very week relationship.
The correlation between Network Media's Current Deferred Revenue and Common Stock Shares Outstanding is 0.26. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Network Media Group, assuming nothing else is changed. The correlation between historical values of Network Media's Current Deferred Revenue and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Network Media Group are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Current Deferred Revenue i.e., Network Media's Current Deferred Revenue and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.26
Relationship DirectionPositive 
Relationship StrengthVery Weak

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Network Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Network Media Group 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 Network Media Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Tax Provision is likely to climb to about 42.7 K in 2024, whereas Selling General Administrative is likely to drop slightly above 1.1 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense205.3K361.3K415.5K436.2K
Depreciation And Amortization7.4M3.0M3.4M3.1M

Network Media fundamental ratios Correlations

0.59-0.670.80.940.730.5-0.280.530.830.910.830.77-0.08-0.50.810.950.610.81-0.260.870.930.730.070.080.61
0.59-0.340.650.430.380.270.490.440.320.560.320.820.23-0.670.70.660.870.6-0.60.380.460.410.160.090.72
-0.67-0.34-0.52-0.65-0.4-0.390.28-0.6-0.6-0.68-0.6-0.33-0.020.13-0.53-0.54-0.33-0.470.26-0.57-0.67-0.44-0.110.13-0.24
0.80.65-0.520.570.670.82-0.190.160.730.80.730.79-0.2-0.50.990.840.730.62-0.080.70.570.360.390.30.67
0.940.43-0.650.570.670.22-0.280.640.710.870.710.66-0.09-0.380.570.840.470.81-0.250.890.990.8-0.09-0.020.47
0.730.38-0.40.670.670.54-0.260.450.580.820.580.540.05-0.610.680.610.360.550.280.690.710.190.390.560.37
0.50.27-0.390.820.220.54-0.47-0.140.70.480.70.33-0.17-0.280.810.550.340.140.260.380.23-0.040.460.370.32
-0.280.490.28-0.19-0.28-0.26-0.470.11-0.66-0.23-0.660.220.22-0.2-0.16-0.230.39-0.01-0.44-0.37-0.26-0.160.130.120.23
0.530.44-0.60.160.640.45-0.140.110.270.570.270.360.44-0.460.240.390.220.57-0.460.360.710.480.03-0.190.37
0.830.32-0.60.730.710.580.7-0.660.270.691.00.43-0.04-0.350.740.840.310.5-0.080.690.710.57-0.04-0.060.35
0.910.56-0.680.80.870.820.48-0.230.570.690.690.76-0.03-0.480.810.80.570.85-0.120.920.880.570.150.180.57
0.830.32-0.60.730.710.580.7-0.660.271.00.690.43-0.04-0.350.740.840.310.5-0.080.690.710.57-0.04-0.060.35
0.770.82-0.330.790.660.540.330.220.360.430.760.43-0.2-0.560.780.820.910.83-0.390.710.650.570.240.170.84
-0.080.23-0.02-0.2-0.090.05-0.170.220.44-0.04-0.03-0.04-0.2-0.3-0.03-0.15-0.280.03-0.32-0.260.0-0.02-0.31-0.24-0.02
-0.5-0.670.13-0.5-0.38-0.61-0.28-0.2-0.46-0.35-0.48-0.35-0.56-0.3-0.56-0.52-0.5-0.450.1-0.28-0.45-0.26-0.23-0.32-0.36
0.810.7-0.530.990.570.680.81-0.160.240.740.810.740.78-0.03-0.560.840.70.64-0.140.670.580.370.340.260.68
0.950.66-0.540.840.840.610.55-0.230.390.840.80.840.82-0.15-0.520.840.710.75-0.340.780.820.730.080.030.69
0.610.87-0.330.730.470.360.340.390.220.310.570.310.91-0.28-0.50.70.710.57-0.430.50.450.390.340.230.73
0.810.6-0.470.620.810.550.14-0.010.570.50.850.50.830.03-0.450.640.750.57-0.370.820.80.79-0.09-0.080.66
-0.26-0.60.26-0.08-0.250.280.26-0.44-0.46-0.08-0.12-0.08-0.39-0.320.1-0.14-0.34-0.43-0.37-0.04-0.26-0.560.30.63-0.56
0.870.38-0.570.70.890.690.38-0.370.360.690.920.690.71-0.26-0.280.670.780.50.82-0.040.850.66-0.060.090.44
0.930.46-0.670.570.990.710.23-0.260.710.710.880.710.650.0-0.450.580.820.450.8-0.260.850.76-0.050.010.47
0.730.41-0.440.360.80.19-0.04-0.160.480.570.570.570.57-0.02-0.260.370.730.390.79-0.560.660.76-0.47-0.420.42
0.070.16-0.110.39-0.090.390.460.130.03-0.040.15-0.040.24-0.31-0.230.340.080.34-0.090.3-0.06-0.05-0.470.60.33
0.080.090.130.3-0.020.560.370.12-0.19-0.060.18-0.060.17-0.24-0.320.260.030.23-0.080.630.090.01-0.420.6-0.05
0.610.72-0.240.670.470.370.320.230.370.350.570.350.84-0.02-0.360.680.690.730.66-0.560.440.470.420.33-0.05
Click cells to compare fundamentals

Network Media Account Relationship Matchups

Network Media fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.1M18.5M20.6M19.8M22.8M23.9M
Short Long Term Debt Total1.8M2.4M4.4M3.5M4.0M3.0M
Other Current Liab25K13.7K122.6K16.9K15.2K14.5K
Total Current Liabilities4.8M7.8M9.0M8.8M10.2M6.8M
Total Stockholder Equity9.2M9.5M10.6M10.6M12.1M12.8M
Property Plant And Equipment Net562.8K677.2K347.5K312.5K359.4K300.1K
Current Deferred Revenue601.4K4.6M575.8K2.3M2.7M2.4M
Net Debt1.1M(344.3K)3.7M680.1K612.1K581.5K
Retained Earnings(2.1M)(4.5M)(3.5M)(3.5M)(4.0M)(4.2M)
Cash685.7K2.8M708.3K2.8M3.2M3.4M
Non Current Assets Total10.8M13.8M14.3M12.4M14.3M7.2M
Cash And Short Term Investments685.7K2.8M708.3K2.8M3.2M3.4M
Net Receivables2.6M1.9M5.5M4.5M5.2M2.9M
Liabilities And Stockholders Equity14.1M18.5M20.6M19.8M22.8M23.9M
Non Current Liabilities Total140.6K1.3M951.3K426.0K383.4K487.1K
Other Stockholder Equity777.9K1.1M1.2M1.1M1.0M1.8M
Total Liab4.9M9.1M10.0M9.3M10.7M7.4M
Total Current Assets3.4M4.7M6.3M7.4M8.5M8.9M
Short Term Debt1.8M1.1M3.6M3.1M3.6M2.5M
Accounts Payable2.4M2.0M4.9M3.4M3.9M2.1M
Common Stock Shares Outstanding14.6M75.0M75.0M17.8M20.5M19.5M
Common Stock10.2M10.3M10.5M12.9M14.9M9.9M
Net Tangible Assets3.3M7.3M9.2M9.5M10.9M11.4M
Other Assets10.4M12.0M10.2M1.01.151.09
Short Long Term Debt1.4M799.6K3.4M3.0M3.4M2.3M
Property Plant Equipment478.1K488.6K562.8K677.2K778.7K817.7K
Other Current Assets57.7K52.2K67.1K81.7K94.0K67.3K
Intangible Assets10.2M11.0M400K150K135K128.3K
Capital Lease Obligations378.5K467.9K158.4K148.3K170.6K213.0K
Net Invested Capital10.7M11.4M14.8M13.9M16.0M11.7M
Net Working Capital(1.4M)(3.0M)(2.7M)(1.4M)(1.7M)(1.7M)

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