Cultural Intangible Assets vs Non Current Assets Total Analysis

600715 Stock   2.21  0.03  1.38%   
Cultural Investment financial indicator trend analysis is way more than just evaluating Cultural Investment prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cultural Investment is a good investment. Please check the relationship between Cultural Investment Intangible Assets and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cultural Investment Holdings. 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.

Intangible Assets vs Non Current Assets Total

Intangible Assets vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cultural Investment Intangible Assets account and Non Current Assets Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Cultural Investment's Intangible Assets and Non Current Assets Total is -0.24. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Cultural Investment Holdings, assuming nothing else is changed. The correlation between historical values of Cultural Investment's Intangible Assets and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Cultural Investment Holdings are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Intangible Assets i.e., Cultural Investment's Intangible Assets and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.24
Relationship DirectionNegative 
Relationship StrengthInsignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Cultural Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cultural Investment 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 Cultural Investment Holdings. 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.
The current year's Selling General Administrative is expected to grow to about 60.1 M, whereas Tax Provision is forecasted to decline to about 303.9 K.
 2021 2022 2023 2024 (projected)
Cost Of Revenue790.8M801.9M509.4M629.5M
Total Revenue776.1M799.7M609.3M651.5M

Cultural Investment fundamental ratios Correlations

0.590.560.790.580.810.910.850.880.850.730.060.740.120.76-0.740.590.080.220.540.750.490.470.62-0.470.52
0.590.490.410.470.340.390.280.410.690.50.110.360.020.35-0.460.120.00.050.560.140.170.640.16-0.280.42
0.560.490.020.480.10.540.140.410.360.960.240.890.720.54-0.08-0.27-0.74-0.660.20.28-0.340.34-0.06-0.91-0.22
0.790.410.020.370.850.750.870.730.840.23-0.050.27-0.380.51-0.840.830.570.660.520.650.750.390.70.040.77
0.580.470.480.370.50.390.310.530.50.480.390.490.030.07-0.640.02-0.03-0.030.210.1-0.050.31-0.08-0.120.08
0.810.340.10.850.50.680.80.670.650.280.210.39-0.220.51-0.880.790.440.510.240.640.580.190.58-0.020.6
0.910.390.540.750.390.680.850.820.810.73-0.030.760.190.79-0.60.57-0.030.120.560.820.410.450.63-0.560.41
0.850.280.140.870.310.80.850.890.810.39-0.270.46-0.190.63-0.740.870.420.540.590.880.730.390.81-0.160.7
0.880.410.410.730.530.670.820.890.830.6-0.170.60.00.52-0.670.620.20.320.610.780.50.420.66-0.330.6
0.850.690.360.840.50.650.810.810.830.51-0.150.47-0.230.5-0.780.620.290.390.790.650.530.740.54-0.230.73
0.730.50.960.230.480.280.730.390.60.510.130.960.680.7-0.2-0.03-0.6-0.480.310.5-0.110.350.2-0.91-0.06
0.060.110.24-0.050.390.21-0.03-0.27-0.17-0.150.130.110.21-0.1-0.16-0.29-0.23-0.25-0.25-0.21-0.24-0.23-0.19-0.06-0.31
0.740.360.890.270.490.390.760.460.60.470.960.110.680.72-0.240.06-0.57-0.460.20.58-0.10.240.22-0.87-0.11
0.120.020.72-0.380.03-0.220.19-0.190.0-0.230.680.210.680.410.49-0.5-0.88-0.82-0.270.07-0.47-0.29-0.08-0.81-0.65
0.760.350.540.510.070.510.790.630.520.50.7-0.10.720.41-0.290.43-0.19-0.030.290.670.370.280.56-0.680.22
-0.74-0.46-0.08-0.84-0.64-0.88-0.6-0.74-0.67-0.78-0.2-0.16-0.240.49-0.29-0.71-0.54-0.58-0.49-0.5-0.54-0.53-0.39-0.13-0.7
0.590.12-0.270.830.020.790.570.870.620.62-0.03-0.290.06-0.50.43-0.710.710.780.40.730.810.250.760.180.84
0.080.0-0.740.57-0.030.44-0.030.420.20.29-0.6-0.23-0.57-0.88-0.19-0.540.710.980.260.130.750.080.440.790.76
0.220.05-0.660.66-0.030.510.120.540.320.39-0.48-0.25-0.46-0.82-0.03-0.580.780.980.380.260.840.150.590.670.8
0.540.560.20.520.210.240.560.590.610.790.31-0.250.2-0.270.29-0.490.40.260.380.510.530.80.51-0.120.59
0.750.140.280.650.10.640.820.880.780.650.5-0.210.580.070.67-0.50.730.130.260.510.590.30.77-0.410.49
0.490.17-0.340.75-0.050.580.410.730.50.53-0.11-0.24-0.1-0.470.37-0.540.810.750.840.530.590.210.850.290.74
0.470.640.340.390.310.190.450.390.420.740.35-0.230.24-0.290.28-0.530.250.080.150.80.30.210.06-0.210.48
0.620.16-0.060.7-0.080.580.630.810.660.540.2-0.190.22-0.080.56-0.390.760.440.590.510.770.850.06-0.080.61
-0.47-0.28-0.910.04-0.12-0.02-0.56-0.16-0.33-0.23-0.91-0.06-0.87-0.81-0.68-0.130.180.790.67-0.12-0.410.29-0.21-0.080.25
0.520.42-0.220.770.080.60.410.70.60.73-0.06-0.31-0.11-0.650.22-0.70.840.760.80.590.490.740.480.610.25
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Cultural Investment Account Relationship Matchups

Cultural Investment fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.0B7.2B7.2B5.0B3.0B3.3B
Other Current Liab739.8M1.9B2.7B7.5M2.3M2.1M
Total Current Liabilities2.8B3.7B3.8B3.3B3.2B3.4B
Total Stockholder Equity6.4B2.8B2.1B838.2M(1.0B)(985.6M)
Accounts Payable175.1M281.2M187.4M140.7M133.1M120.0M
Cash884.1M424.3M95.7M140.5M98.6M93.6M
Other Assets1.1B1.1B696.2M528.8M608.1M373.6M
Long Term Debt1.8B569.8M243.5M72.1M75.1M71.4M
Net Receivables1.0B412.6M399.7M129.8M195.0M246.2M
Other Current Assets1.4B1.3B880.1M19.0M15.7M14.9M
Total Liab4.6B4.4B5.1B4.3B4.2B4.4B
Intangible Assets110.8M100.3M424.6M921.5M802.9M843.0M
Property Plant Equipment411.6M353.7M179.8M1.1B1.3B1.3B
Inventory234.8M159.5M239.7M334.5M148.8M121.6M
Other Liab27.6M24.9M17.4M112.4M129.3M135.7M
Net Tangible Assets2.7B2.7B892.4M(114.7M)(103.3M)(98.1M)
Retained Earnings(329.8M)(3.8B)(4.5B)(5.9B)(7.5B)(7.2B)
Good Will3.6B1.9B1.8B1.5B586.7M557.3M
Deferred Long Term Liab929.4M958.7M528.4M374.2M430.3M697.5M
Non Current Assets Total6.0B3.7B4.6B4.2B2.4B3.8B
Non Currrent Assets Other181.8M384.5M151.8M76.3M22.7M21.6M
Non Current Liabilities Total1.9B685.7M1.3B1.0B936.7M1.0B
Short Long Term Debt136.8M132.5M100.2M68.1M61.3M58.2M
Total Current Assets5.1B3.5B2.7B846.7M606.5M576.2M
Non Current Liabilities Other1.8B1.8B98.5M9.2M290.7M276.2M
Net Debt958.2M1.1B278.0M248.0M223.2M432.9M
Net Invested Capital8.4B3.6B2.5B978.4M(962.4M)(914.2M)
Net Working Capital2.3B(235.1M)(1.1B)(2.4B)(2.6B)(2.5B)

Currently Active Assets on Macroaxis

Other Information on Investing in Cultural Stock

Balance Sheet is a snapshot of the financial position of Cultural Investment at a specified time, usually calculated after every quarter, six months, or one year. Cultural Investment Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Cultural Investment 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 Cultural currently owns. An asset can also be divided into two categories, current and non-current.