Southern Good Will vs Retained Earnings Analysis

601900 Stock   15.54  0.45  2.81%   
Southern PublishingMedia financial indicator trend analysis is much more than just breaking down Southern PublishingMedia prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Southern PublishingMedia is a good investment. Please check the relationship between Southern PublishingMedia Good Will and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Southern PublishingMedia Co. 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.

Good Will vs Retained Earnings

Good Will vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Southern PublishingMedia Good Will account and Retained Earnings. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Southern PublishingMedia's Good Will and Retained Earnings is 0.81. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Southern PublishingMedia Co, assuming nothing else is changed. The correlation between historical values of Southern PublishingMedia's Good Will and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Southern PublishingMedia Co are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Good Will i.e., Southern PublishingMedia's Good Will and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

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.
Most indicators from Southern PublishingMedia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Southern PublishingMedia 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 Southern PublishingMedia Co. 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.
As of December 12, 2024, Selling General Administrative is expected to decline to about 967.8 M. The current year's Tax Provision is expected to grow to about (84.8 M)
 2021 2022 2023 2024 (projected)
Operating Income701.0M1.2B1.1B602.9M
Total Revenue7.6B9.1B9.4B6.3B

Southern PublishingMedia fundamental ratios Correlations

-0.470.970.970.680.910.930.830.860.950.90.050.970.550.970.850.910.820.760.920.930.830.80.930.440.82
-0.47-0.42-0.49-0.25-0.66-0.36-0.49-0.39-0.37-0.460.39-0.43-0.85-0.44-0.38-0.62-0.64-0.71-0.5-0.51-0.62-0.4-0.66-0.87-0.53
0.97-0.420.90.60.90.980.870.790.920.80.20.920.571.00.740.820.850.810.90.890.750.890.910.480.89
0.97-0.490.90.680.890.830.730.870.960.95-0.10.980.490.890.910.960.760.670.920.930.880.690.910.360.71
0.68-0.250.60.680.560.50.370.770.660.650.150.680.340.610.850.690.330.280.40.440.470.220.440.180.25
0.91-0.660.90.890.560.860.780.760.890.810.00.90.750.890.740.840.950.920.90.90.920.810.950.660.81
0.93-0.360.980.830.50.860.880.710.870.710.270.870.530.980.630.730.850.820.890.870.70.940.880.450.93
0.83-0.490.870.730.370.780.880.610.70.65-0.010.760.530.890.510.650.780.80.80.810.630.870.840.510.88
0.86-0.390.790.870.770.760.710.610.830.850.040.850.430.790.860.830.590.540.740.760.730.530.750.310.56
0.95-0.370.920.960.660.890.870.70.830.90.090.950.450.90.840.870.80.680.920.920.850.750.880.320.71
0.9-0.460.80.950.650.810.710.650.850.9-0.250.940.420.80.890.910.690.580.860.870.860.550.850.290.59
0.050.390.2-0.10.150.00.27-0.010.040.09-0.25-0.01-0.080.17-0.12-0.220.030.07-0.04-0.07-0.20.28-0.1-0.060.18
0.97-0.430.920.980.680.90.870.760.850.950.94-0.010.470.910.890.910.790.710.910.930.870.730.90.340.74
0.55-0.850.570.490.340.750.530.530.430.450.42-0.080.470.590.380.560.760.820.530.550.650.520.70.970.64
0.97-0.441.00.890.610.890.980.890.790.90.80.170.910.590.740.820.840.810.890.890.740.880.910.50.89
0.85-0.380.740.910.850.740.630.510.860.840.89-0.120.890.380.740.930.530.440.670.710.720.40.690.210.42
0.91-0.620.820.960.690.840.730.650.830.870.91-0.220.910.560.820.930.690.630.820.850.820.570.860.440.63
0.82-0.640.850.760.330.950.850.780.590.80.690.030.790.760.840.530.690.970.880.870.850.880.920.720.87
0.76-0.710.810.670.280.920.820.80.540.680.580.070.710.820.810.440.630.970.80.790.780.880.890.810.9
0.92-0.50.90.920.40.90.890.80.740.920.86-0.040.910.530.890.670.820.880.80.990.890.860.970.450.86
0.93-0.510.890.930.440.90.870.810.760.920.87-0.070.930.550.890.710.850.870.790.990.920.820.970.460.83
0.83-0.620.750.880.470.920.70.630.730.850.86-0.20.870.650.740.720.820.850.780.890.920.640.920.530.67
0.8-0.40.890.690.220.810.940.870.530.750.550.280.730.520.880.40.570.880.880.860.820.640.850.520.96
0.93-0.660.910.910.440.950.880.840.750.880.85-0.10.90.70.910.690.860.920.890.970.970.920.850.620.89
0.44-0.870.480.360.180.660.450.510.310.320.29-0.060.340.970.50.210.440.720.810.450.460.530.520.620.62
0.82-0.530.890.710.250.810.930.880.560.710.590.180.740.640.890.420.630.870.90.860.830.670.960.890.62
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Southern PublishingMedia Account Relationship Matchups

Southern PublishingMedia fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.7B11.5B13.2B14.8B16.2B10.2B
Other Current Liab817.0M980.0M1.1B1.1B36.1M34.3M
Total Current Liabilities3.8B4.1B5.1B5.4B5.8B4.2B
Total Stockholder Equity6.0B6.6B7.1B7.2B7.9B4.9B
Other Liab502.5M473.2M486.5M437.9M503.6M452.6M
Retained Earnings3.3B3.9B5.0B5.2B6.0B6.3B
Accounts Payable2.1B2.2B3.5B3.9B4.0B2.4B
Cash1.9B2.0B1.9B3.3B3.2B2.1B
Other Assets667.8M654.8M685.8M685.4M788.2M539.6M
Net Receivables1.1B1.5B1.6B1.4B1.5B1.2B
Short Term Investments145.2M311.4M1.1B492.5M474.1M419.1M
Inventory1.3B1.2B1.4B1.5B1.4B1.1B
Other Current Assets114.0M136.6M130.4M157.9M630.1M661.6M
Total Liab4.5B4.7B5.9B6.8B7.5B4.9B
Intangible Assets3.1B3.0B2.9B3.0B2.9B2.3B
Property Plant Equipment1.6B1.9B2.6B2.7B3.1B3.3B
Long Term Debt248.0M150.9M555.3M729.0M989.5M1.0B
Net Tangible Assets2.9B3.6B4.4B4.2B4.8B2.9B
Deferred Long Term Liab130.4M157.0M159.5M183.9M211.5M116.5M
Total Current Assets4.6B5.2B6.9B7.4B7.4B5.9B
Non Current Assets Total6.1B6.2B7.0B7.4B8.8B6.9B
Non Currrent Assets Other12.8M17.0M17.2M9.9M647.0M679.4M
Non Current Liabilities Total732.8M624.1M1.2B1.3B1.6B991.8M
Net Invested Capital6.3B6.7B7.7B8.0B8.9B7.6B
Net Working Capital841.0M1.1B1.5B2.0B1.6B1.3B

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Other Information on Investing in Southern Stock

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