Asian Common Stock Shares Outstanding vs Cash 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 Common Stock Shares Outstanding and its Cash 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.

Common Stock Shares Outstanding vs Cash

Common Stock Shares Outstanding vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Asian Television Network Common Stock Shares Outstanding account and Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Asian Television's Common Stock Shares Outstanding and Cash is 0.42. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Cash 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 Common Stock Shares Outstanding and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Asian Television Network are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Common Stock Shares Outstanding i.e., Asian Television's Common Stock Shares Outstanding and Cash go up and down completely randomly.

Correlation Coefficient

0.42
Relationship DirectionPositive 
Relationship StrengthWeak

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Cash

Cash refers to the most liquid asset of Asian Television Network, which is listed under current asset account on Asian Television Network balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Asian Television customers. The amounts must be unrestricted with restricted cash listed in a different Asian Television account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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
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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.