Asian Change To Account Receivables vs Other Non Cash Items Analysis

SAT Stock  CAD 0.07  0.01  12.50%   
Asian Television financial indicator trend analysis is way more than just evaluating Asian Television Network prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Asian Television Network is a good investment. Please check the relationship between Asian Television Change To Account Receivables and its Other Non Cash Items accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Asian Television Network. 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.

Change To Account Receivables vs Other Non Cash Items

Change To Account Receivables vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Asian Television Network Change To Account Receivables account and Other Non Cash Items. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Asian Television's Change To Account Receivables and Other Non Cash Items is -0.34. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Asian Television Network, assuming nothing else is changed. The correlation between historical values of Asian Television's Change To Account Receivables and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Account Receivables of Asian Television Network are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Change To Account Receivables i.e., Asian Television's Change To Account Receivables and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

-0.34
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change To Account Receivables

Other Non Cash Items

Most indicators from Asian Television's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Asian Television Network 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Asian Television Network. 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.
Selling General Administrative is likely to climb to about 10.5 M in 2024. Tax Provision is expected to grow at the current pace this year
 2023 2024 (projected)
Gross Profit2.8M2.7M
Total Revenue7.3M13.5M

Asian Television fundamental ratios Correlations

0.550.950.980.96-0.380.96-0.170.840.950.520.740.990.78-0.280.380.65-0.96-0.33-0.2-0.68-0.750.350.90.920.35
0.550.50.550.50.010.57-0.010.390.60.660.420.570.38-0.010.50.44-0.66-0.40.11-0.41-0.410.180.440.460.18
0.950.50.981.0-0.310.97-0.190.740.920.380.620.950.69-0.190.470.52-0.92-0.43-0.34-0.76-0.820.570.980.990.57
0.980.550.980.98-0.350.98-0.240.80.950.480.70.980.74-0.320.450.62-0.95-0.4-0.2-0.71-0.770.430.940.950.43
0.960.51.00.98-0.310.98-0.190.740.920.370.620.950.69-0.190.470.52-0.92-0.43-0.35-0.76-0.820.560.980.990.56
-0.380.01-0.31-0.35-0.31-0.19-0.22-0.79-0.27-0.52-0.82-0.33-0.840.48-0.12-0.550.37-0.010.020.140.16-0.22-0.24-0.25-0.22
0.960.570.970.980.98-0.19-0.290.690.950.380.590.960.63-0.170.470.52-0.91-0.45-0.24-0.75-0.810.420.960.970.42
-0.17-0.01-0.19-0.24-0.19-0.22-0.29-0.01-0.350.020.01-0.140.040.240.06-0.060.19-0.16-0.240.060.13-0.02-0.19-0.16-0.02
0.840.390.740.80.74-0.790.69-0.010.740.690.930.80.95-0.530.30.75-0.82-0.19-0.07-0.48-0.530.280.650.670.28
0.950.60.920.950.92-0.270.95-0.350.740.460.660.950.69-0.280.380.53-0.94-0.35-0.19-0.71-0.780.320.870.870.32
0.520.660.380.480.37-0.520.380.020.690.460.720.450.67-0.490.060.89-0.630.150.510.060.00.180.250.280.18
0.740.420.620.70.62-0.820.590.010.930.660.720.710.98-0.450.260.73-0.72-0.170.06-0.39-0.440.140.540.560.14
0.990.570.950.980.95-0.330.96-0.140.80.950.450.710.74-0.230.440.57-0.93-0.44-0.26-0.75-0.810.290.90.930.29
0.780.380.690.740.69-0.840.630.040.950.690.670.980.74-0.450.280.71-0.77-0.17-0.07-0.45-0.50.270.610.630.27
-0.28-0.01-0.19-0.32-0.190.48-0.170.24-0.53-0.28-0.49-0.45-0.23-0.450.18-0.620.38-0.33-0.38-0.18-0.15-0.07-0.06-0.09-0.07
0.380.50.470.450.47-0.120.470.060.30.380.060.260.440.280.18-0.03-0.4-0.73-0.48-0.72-0.680.320.480.480.32
0.650.440.520.620.52-0.550.52-0.060.750.530.890.730.570.71-0.62-0.03-0.680.210.50.06-0.030.260.420.450.26
-0.96-0.66-0.92-0.95-0.920.37-0.910.19-0.82-0.94-0.63-0.72-0.93-0.770.38-0.4-0.680.230.140.60.66-0.46-0.84-0.86-0.46
-0.33-0.4-0.43-0.4-0.43-0.01-0.45-0.16-0.19-0.350.15-0.17-0.44-0.17-0.33-0.730.210.230.540.80.76-0.11-0.5-0.51-0.11
-0.20.11-0.34-0.2-0.350.02-0.24-0.24-0.07-0.190.510.06-0.26-0.07-0.38-0.480.50.140.540.730.68-0.3-0.4-0.38-0.3
-0.68-0.41-0.76-0.71-0.760.14-0.750.06-0.48-0.710.06-0.39-0.75-0.45-0.18-0.720.060.60.80.730.99-0.27-0.78-0.78-0.27
-0.75-0.41-0.82-0.77-0.820.16-0.810.13-0.53-0.780.0-0.44-0.81-0.5-0.15-0.68-0.030.660.760.680.99-0.3-0.84-0.84-0.3
0.350.180.570.430.56-0.220.42-0.020.280.320.180.140.290.27-0.070.320.26-0.46-0.11-0.3-0.27-0.30.590.541.0
0.90.440.980.940.98-0.240.96-0.190.650.870.250.540.90.61-0.060.480.42-0.84-0.5-0.4-0.78-0.840.591.00.59
0.920.460.990.950.99-0.250.97-0.160.670.870.280.560.930.63-0.090.480.45-0.86-0.51-0.38-0.78-0.840.541.00.54
0.350.180.570.430.56-0.220.42-0.020.280.320.180.140.290.27-0.070.320.26-0.46-0.11-0.3-0.27-0.31.00.590.54
Click cells to compare fundamentals

Asian Television Account Relationship Matchups

Asian Television fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.3M6.8M8.3M7.5M6.8M9.1M
Total Current Liabilities4.5M3.9M3.4M4.1M5.3M3.6M
Total Stockholder Equity3.2M2.6M2.5M1.5M26.7K25.4K
Net Tangible Assets4.1M2.4M2.5M2.4M2.2M2.1M
Retained Earnings(2.9M)(3.4M)(3.6M)(4.6M)(6.0M)(5.7M)
Accounts Payable2.7M2.7M2.7M2.6M3.0M3.2M
Cash104.3K68.9K54.9K68.7K127.5K121.2K
Other Assets110.0K365.5K42.7K95.1K109.4K124.3K
Net Receivables1.6M2.2M1.9M1.6M2.0M2.1M
Total Liab5.2M4.2M5.8M6.1M6.8M4.4M
Total Current Assets4.7M2.8M2.6M2.4M3.1M5.8M
Intangible Assets742.2K96.4K4.7K191.5K363.2K454.6K
Property Plant Equipment2.0M2.5M1.7M3.6M3.2M2.3M
Non Current Assets Total3.6M4.0M5.7M5.2M3.7M4.5M
Non Currrent Assets Other45.5K43.8K42.7K95.1K109.4K69.8K
Non Current Liabilities Total723.5K371.0K2.4M2.0M1.5M1.0M
Capital Lease Obligations1.3M723.5K2.9M2.6M2.0M1.4M
Net Invested Capital3.2M2.7M2.7M1.8M893.0K848.3K
Net Working Capital256.8K(1.0M)(781.2K)(1.7M)(2.1M)(2.0M)

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Additional Tools for Asian Stock Analysis

When running Asian Television's price analysis, check to measure Asian Television's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Asian Television is operating at the current time. Most of Asian Television's value examination focuses on studying past and present price action to predict the probability of Asian Television's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asian Television's price. Additionally, you may evaluate how the addition of Asian Television to your portfolios can decrease your overall portfolio volatility.