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 Retained Earnings and its Total Liab 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.
Retained Earnings vs Total Liab
Retained Earnings vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Asian Television Network Retained Earnings account and
Total Liab. At this time, the significance of the direction appears to have weak relationship.
The correlation between Asian Television's Retained Earnings and Total Liab is 0.37. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Liab 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 Retained Earnings 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 Retained Earnings of Asian Television Network 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 Retained Earnings i.e., Asian Television's Retained Earnings and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.37 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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
Asian Television fundamental ratios Correlations
Click cells to compare fundamentals
Asian Television Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Asian Television fundamental ratios Accounts
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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.