Beijing Change To Operating Activities vs Change In Working Capital Analysis

300251 Stock

8.77 0.52 5.60%

Beijing Enlight financial indicator trend analysis is way more than just evaluating Beijing Enlight Media prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Enlight Media is a good investment. Please check the relationship between Beijing Enlight Change To Operating Activities and its Change In Working Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Enlight Media. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Change To Operating Activities vs Change In Working Capital

Change To Operating Activities vs Change In Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Enlight Media Change To Operating Activities account and Change In Working Capital. At this time, the significance of the direction appears to have pay attention.

The correlation between Beijing Enlight's Change To Operating Activities and Change In Working Capital is -0.84. Overlapping area represents the amount of variation of Change To Operating Activities that can explain the historical movement of Change In Working Capital in the same time period over historical financial statements of Beijing Enlight Media, assuming nothing else is changed. The correlation between historical values of Beijing Enlight's Change To Operating Activities and Change In Working Capital 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 Operating Activities of Beijing Enlight Media are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Change To Operating Activities i.e., Beijing Enlight's Change To Operating Activities and Change In Working Capital go up and down completely randomly.

Correlation Coefficient

-0.84

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Change To Operating Activities

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

Most indicators from Beijing Enlight's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Enlight Media 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Enlight Media. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

The current year's Tax Provision is expected to grow to about 98.4 M, whereas Selling General Administrative is forecasted to decline to about 21.9 M.

	2022	2023	2024	2025 (projected)
Operating Income	50.9M	500.0M	575.0M	402.1M
Total Revenue	754.9M	1.5B	1.8B	1.3B

Operating Income Total Revenue

Beijing Enlight fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Long Term Debt	Short Term Investments	Good Will	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt
Total Assets		0.51	0.74	0.98	0.87	0.64	0.76	0.21	0.22	0.83	-0.16	0.73	-0.73	0.97	0.47	0.54	0.36	0.27	-0.48	0.78	-0.81	-0.65	0.85	-0.86	0.56	-0.86
Other Current Liab	0.51		0.39	0.42	0.36	-0.11	0.09	-0.05	-0.02	0.36	0.34	0.69	-0.27	0.44	-0.12	0.05	0.72	0.05	-0.18	0.29	-0.32	0.0	0.52	-0.38	0.05	-0.38
Total Current Liabilities	0.74	0.39		0.64	0.55	0.75	0.56	-0.02	0.38	0.6	-0.11	0.81	-0.38	0.64	0.17	0.26	0.28	0.0	-0.29	0.47	-0.49	-0.29	0.53	-0.5	0.5	-0.5
Total Stockholder Equity	0.98	0.42	0.64		0.93	0.61	0.77	0.3	0.15	0.84	-0.2	0.58	-0.74	0.97	0.56	0.54	0.22	0.35	-0.55	0.83	-0.86	-0.74	0.82	-0.87	0.6	-0.87
Retained Earnings	0.87	0.36	0.55	0.93		0.47	0.67	0.33	-0.07	0.84	-0.2	0.4	-0.68	0.91	0.58	0.28	-0.05	0.44	-0.75	0.92	-0.95	-0.8	0.78	-0.87	0.68	-0.87
Accounts Payable	0.64	-0.11	0.75	0.61	0.47		0.75	0.12	0.55	0.57	-0.35	0.52	-0.53	0.58	0.36	0.56	0.08	0.05	-0.17	0.45	-0.47	-0.43	0.42	-0.51	0.53	-0.51
Cash	0.76	0.09	0.56	0.77	0.67	0.75		0.36	0.05	0.85	-0.33	0.46	-0.61	0.74	0.65	0.39	0.05	-0.01	-0.58	0.76	-0.78	-0.78	0.78	-0.79	0.65	-0.79
Other Assets	0.21	-0.05	-0.02	0.3	0.33	0.12	0.36		0.01	0.27	0.4	-0.17	0.13	0.22	0.22	-0.05	-0.24	0.01	-0.36	0.32	-0.35	-0.28	0.13	-0.22	0.34	-0.22
Net Receivables	0.22	-0.02	0.38	0.15	-0.07	0.55	0.05	0.01		-0.15	0.01	0.36	-0.07	0.1	-0.32	0.66	0.39	-0.01	0.57	-0.25	0.2	0.31	-0.16	0.08	-0.25	0.08
Inventory	0.83	0.36	0.6	0.84	0.84	0.57	0.85	0.27	-0.15		-0.12	0.54	-0.66	0.83	0.73	0.18	0.07	0.25	-0.8	0.92	-0.92	-0.85	0.87	-0.88	0.78	-0.88
Other Current Assets	-0.16	0.34	-0.11	-0.2	-0.2	-0.35	-0.33	0.4	0.01	-0.12		0.03	0.45	-0.22	-0.36	-0.4	0.23	-0.13	0.09	-0.23	0.2	0.43	-0.26	0.25	-0.07	0.25
Total Liab	0.73	0.69	0.81	0.58	0.4	0.52	0.46	-0.17	0.36	0.54	0.03		-0.43	0.64	0.03	0.33	0.74	-0.1	-0.1	0.34	-0.38	-0.14	0.66	-0.55	0.25	-0.55
Intangible Assets	-0.73	-0.27	-0.38	-0.74	-0.68	-0.53	-0.61	0.13	-0.07	-0.66	0.45	-0.43		-0.75	-0.44	-0.59	-0.25	-0.24	0.37	-0.65	0.7	0.62	-0.69	0.76	-0.43	0.76
Common Stock	0.97	0.44	0.64	0.97	0.91	0.58	0.74	0.22	0.1	0.83	-0.22	0.64	-0.75		0.52	0.49	0.24	0.25	-0.54	0.8	-0.86	-0.73	0.86	-0.93	0.54	-0.93
Property Plant Equipment	0.47	-0.12	0.17	0.56	0.58	0.36	0.65	0.22	-0.32	0.73	-0.36	0.03	-0.44	0.52		0.18	-0.32	0.52	-0.65	0.72	-0.64	-0.9	0.58	-0.61	0.64	-0.61
Other Liab	0.54	0.05	0.26	0.54	0.28	0.56	0.39	-0.05	0.66	0.18	-0.4	0.33	-0.59	0.49	0.18		0.41	0.23	0.31	0.11	-0.16	-0.2	0.24	-0.32	-0.07	-0.32
Long Term Debt	0.36	0.72	0.28	0.22	-0.05	0.08	0.05	-0.24	0.39	0.07	0.23	0.74	-0.25	0.24	-0.32	0.41		-0.17	0.37	-0.11	0.08	0.3	0.31	-0.14	-0.21	-0.14
Short Term Investments	0.27	0.05	0.0	0.35	0.44	0.05	-0.01	0.01	-0.01	0.25	-0.13	-0.1	-0.24	0.25	0.52	0.23	-0.17		-0.22	0.41	-0.29	-0.37	0.16	-0.21	0.34	-0.21
Good Will	-0.48	-0.18	-0.29	-0.55	-0.75	-0.17	-0.58	-0.36	0.57	-0.8	0.09	-0.1	0.37	-0.54	-0.65	0.31	0.37	-0.22		-0.88	0.85	0.81	-0.67	0.67	-0.76	0.67
Net Tangible Assets	0.78	0.29	0.47	0.83	0.92	0.45	0.76	0.32	-0.25	0.92	-0.23	0.34	-0.65	0.8	0.72	0.11	-0.11	0.41	-0.88		-0.96	-0.88	0.85	-0.86	0.82	-0.86
Other Stockholder Equity	-0.81	-0.32	-0.49	-0.86	-0.95	-0.47	-0.78	-0.35	0.2	-0.92	0.2	-0.38	0.7	-0.86	-0.64	-0.16	0.08	-0.29	0.85	-0.96		0.87	-0.84	0.93	-0.73	0.93
Deferred Long Term Liab	-0.65	0.0	-0.29	-0.74	-0.8	-0.43	-0.78	-0.28	0.31	-0.85	0.43	-0.14	0.62	-0.73	-0.9	-0.2	0.3	-0.37	0.81	-0.88	0.87		-0.75	0.82	-0.66	0.82
Long Term Investments	0.85	0.52	0.53	0.82	0.78	0.42	0.78	0.13	-0.16	0.87	-0.26	0.66	-0.69	0.86	0.58	0.24	0.31	0.16	-0.67	0.85	-0.84	-0.75		-0.91	0.59	-0.91
Short Long Term Debt	-0.86	-0.38	-0.5	-0.87	-0.87	-0.51	-0.79	-0.22	0.08	-0.88	0.25	-0.55	0.76	-0.93	-0.61	-0.32	-0.14	-0.21	0.67	-0.86	0.93	0.82	-0.91		-0.57	1.0
Total Current Assets	0.56	0.05	0.5	0.6	0.68	0.53	0.65	0.34	-0.25	0.78	-0.07	0.25	-0.43	0.54	0.64	-0.07	-0.21	0.34	-0.76	0.82	-0.73	-0.66	0.59	-0.57		-0.57
Short Term Debt	-0.86	-0.38	-0.5	-0.87	-0.87	-0.51	-0.79	-0.22	0.08	-0.88	0.25	-0.55	0.76	-0.93	-0.61	-0.32	-0.14	-0.21	0.67	-0.86	0.93	0.82	-0.91	1.0	-0.57

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Beijing Enlight Account Relationship Matchups

Beijing Enlight fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	9.8B	10.5B	9.1B	9.9B	11.4B	7.1B
Other Current Liab	275.3M	441.6M	448.3M	9.3M	10.7M	10.2M
Total Current Liabilities	684.5M	756.2M	648.1M	1.1B	1.2B	829.1M
Total Stockholder Equity	9.0B	9.6B	8.3B	8.7B	10.0B	5.9B
Retained Earnings	4.3B	4.7B	3.4B	3.3B	3.7B	2.2B
Accounts Payable	372.6M	283.3M	152.2M	600.3M	690.3M	724.8M
Cash	1.9B	1.1B	1.9B	2.5B	2.9B	3.0B
Other Assets	105.7M	118.5M	88.4M	96.1M	110.5M	90.6M
Net Receivables	632.8M	433.2M	198.9M	349.1M	401.4M	558.3M
Inventory	938.9M	1.2B	1.2B	1.3B	1.4B	1.5B
Other Current Assets	96.8M	172.6M	163.9M	46.5M	41.8M	39.7M
Total Liab	776.7M	908.1M	803.6M	1.2B	1.4B	1.2B
Intangible Assets	2.1M	1.6M	1.5M	887.3K	798.6K	758.6K
Property Plant Equipment	33.0M	28.5M	101.5M	90.0M	103.4M	108.6M
Other Liab	55.2M	92.1M	84.8M	84.3M	97.0M	73.0M
Short Term Investments	100.4M	1.8B	102.1M	200.4M	230.4M	266.6M
Net Tangible Assets	8.9B	9.0B	9.5B	8.2B	9.5B	8.9B
Other Stockholder Equity	(162.6M)	(175.6M)	(61.0M)	89.0M	80.1M	76.1M
Deferred Long Term Liab	20.1M	13.4M	7.8M	3.2M	2.9M	2.8M
Total Current Assets	3.9B	4.7B	3.7B	4.5B	5.2B	4.6B
Non Current Assets Total	5.9B	5.8B	5.4B	5.4B	4.9B	4.9B
Non Current Liabilities Total	92.1M	151.9M	155.5M	169.8M	152.8M	145.2M
Net Invested Capital	9.0B	9.6B	8.3B	8.7B	7.8B	7.4B
Net Working Capital	3.3B	4.0B	3.0B	3.5B	4.0B	3.6B
Property Plant And Equipment Net	28.5M	101.5M	90.0M	79.1M	91.0M	73.1M
Property Plant And Equipment Gross	87.2M	159.7M	90.0M	139.8M	160.8M	124.3M

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Balance Sheet is a snapshot of the financial position of Beijing Enlight Media at a specified time, usually calculated after every quarter, six months, or one year. Beijing Enlight Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Beijing Enlight and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Beijing currently owns. An asset can also be divided into two categories, current and non-current.

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Beijing Change To Operating Activities vs Change In Working Capital Analysis

Change To Operating Activities vs Change In Working Capital

Change To Operating Activities vs Change In Working Capital Correlation Analysis

Correlation Coefficient

Change To Operating Activities

Change In Working Capital

Beijing Enlight fundamental ratios Correlations

Beijing Enlight Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Beijing Enlight fundamental ratios Accounts

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Other Information on Investing in Beijing Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Term Debt	+ 1.0	Short Long Term Debt
Total Stockholder Equity	+ 0.98	Total Assets
Common Stock	+ 0.97	Total Assets
Common Stock	+ 0.97	Total Stockholder Equity
Retained Earnings	+ 0.93	Total Stockholder Equity
Short Long Term Debt	+ 0.93	Other Stockholder Equity

Other Stockholder Equity	- 0.96	Net Tangible Assets
Other Stockholder Equity	- 0.95	Retained Earnings
Short Term Debt	- 0.93	Common Stock
Short Long Term Debt	- 0.93	Common Stock
Other Stockholder Equity	- 0.92	Inventory
Short Term Debt	- 0.91	Long Term Investments