Network Total Stockholder Equity vs Property Plant And Equipment Net Analysis

NTE Stock  CAD 0.1  0.01  5.00%   
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 Total Stockholder Equity and its Property Plant And Equipment Net 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.

Total Stockholder Equity vs Property Plant And Equipment Net

Total Stockholder Equity vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Network Media Group Total Stockholder Equity account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between Network Media's Total Stockholder Equity and Property Plant And Equipment Net is 0.67. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Property Plant And Equipment Net 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 Total Stockholder Equity and Property Plant And Equipment Net 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 Stockholder Equity of Network Media Group are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Stockholder Equity i.e., Network Media's Total Stockholder Equity and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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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