Creative Asset Turnover vs Total Assets Analysis

CMCT Stock  USD 0.20  0.01  4.76%   
Creative Media financial indicator trend analysis is way more than just evaluating Creative Media Community prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Creative Media Community is a good investment. Please check the relationship between Creative Media Asset Turnover and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Creative Media Community. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Asset Turnover vs Total Assets

Asset Turnover vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Creative Media Community Asset Turnover account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Creative Media's Asset Turnover and Total Assets is 0.51. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Total Assets in the same time period over historical financial statements of Creative Media Community, assuming nothing else is changed. The correlation between historical values of Creative Media's Asset Turnover and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of Creative Media Community are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Asset Turnover i.e., Creative Media's Asset Turnover and Total Assets go up and down completely randomly.

Correlation Coefficient

0.51
Relationship DirectionPositive 
Relationship StrengthWeak

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

Total Assets

Total assets refers to the total amount of Creative Media assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Creative Media Community books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Creative Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Creative Media Community 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 Creative Media Community. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
At this time, Creative Media's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.12 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 95 M in 2024.
 2023 2024 (projected)
Extraordinary Items3.5M3.3M
Interest Income11.0M21.1M

Creative Media fundamental ratios Correlations

0.980.110.730.68-0.170.70.930.760.920.890.940.780.53-0.340.40.740.990.230.520.20.20.55-0.35-0.340.15
0.980.190.630.67-0.170.720.850.750.870.80.850.850.53-0.280.380.640.970.190.450.270.270.58-0.31-0.250.21
0.110.19-0.020.240.240.56-0.02-0.08-0.06-0.12-0.050.140.29-0.410.670.00.150.2-0.21-0.25-0.25-0.03-0.110.140.01
0.730.63-0.020.51-0.170.380.80.660.830.730.830.350.26-0.270.361.00.710.180.550.050.050.37-0.23-0.810.15
0.680.670.240.51-0.090.580.680.510.620.640.620.40.59-0.430.420.510.680.110.060.060.060.45-0.46-0.180.41
-0.17-0.170.24-0.17-0.090.41-0.18-0.31-0.17-0.17-0.13-0.1-0.3-0.42-0.06-0.16-0.130.38-0.18-0.51-0.5-0.22-0.130.03-0.09
0.70.720.560.380.580.410.590.310.550.520.580.630.49-0.70.620.390.740.510.16-0.24-0.240.21-0.35-0.090.07
0.930.85-0.020.80.68-0.180.590.690.880.980.970.610.58-0.470.380.80.930.340.530.030.030.4-0.4-0.390.08
0.760.75-0.080.660.51-0.310.310.690.730.640.750.50.170.150.160.680.7-0.270.650.640.640.78-0.55-0.390.31
0.920.87-0.060.830.62-0.170.550.880.730.820.890.710.47-0.290.30.830.910.20.490.210.210.51-0.31-0.580.37
0.890.8-0.120.730.64-0.170.520.980.640.820.940.560.55-0.460.260.720.890.360.510.020.020.35-0.39-0.310.03
0.940.85-0.050.830.62-0.130.580.970.750.890.940.590.4-0.350.330.840.930.240.60.110.110.49-0.36-0.480.04
0.780.850.140.350.4-0.10.630.610.50.710.560.590.52-0.240.310.360.790.320.410.140.140.32-0.14-0.030.14
0.530.530.290.260.59-0.30.490.580.170.470.550.40.52-0.650.640.250.560.41-0.04-0.22-0.23-0.01-0.370.180.32
-0.34-0.28-0.41-0.27-0.43-0.42-0.7-0.470.15-0.29-0.46-0.35-0.24-0.65-0.56-0.25-0.4-0.820.060.730.730.370.34-0.020.01
0.40.380.670.360.42-0.060.620.380.160.30.260.330.310.64-0.560.370.430.250.07-0.28-0.290.07-0.29-0.080.08
0.740.640.01.00.51-0.160.390.80.680.830.720.840.360.25-0.250.370.720.160.560.070.070.39-0.25-0.810.16
0.990.970.150.710.68-0.130.740.930.70.910.890.930.790.56-0.40.430.720.30.480.120.120.5-0.31-0.320.12
0.230.190.20.180.110.380.510.34-0.270.20.360.240.320.41-0.820.250.160.30.17-0.72-0.72-0.640.010.0-0.34
0.520.45-0.210.550.06-0.180.160.530.650.490.510.60.41-0.040.060.070.560.480.170.310.310.16-0.27-0.41-0.26
0.20.27-0.250.050.06-0.51-0.240.030.640.210.020.110.14-0.220.73-0.280.070.12-0.720.311.00.68-0.15-0.120.35
0.20.27-0.250.050.06-0.5-0.240.030.640.210.020.110.14-0.230.73-0.290.070.12-0.720.311.00.68-0.15-0.130.35
0.550.58-0.030.370.45-0.220.210.40.780.510.350.490.32-0.010.370.070.390.5-0.640.160.680.68-0.3-0.250.43
-0.35-0.31-0.11-0.23-0.46-0.13-0.35-0.4-0.55-0.31-0.39-0.36-0.14-0.370.34-0.29-0.25-0.310.01-0.27-0.15-0.15-0.3-0.08-0.46
-0.34-0.250.14-0.81-0.180.03-0.09-0.39-0.39-0.58-0.31-0.48-0.030.18-0.02-0.08-0.81-0.320.0-0.41-0.12-0.13-0.25-0.08-0.17
0.150.210.010.150.41-0.090.070.080.310.370.030.040.140.320.010.080.160.12-0.34-0.260.350.350.43-0.46-0.17
Click cells to compare fundamentals

Creative Media Account Relationship Matchups

Creative Media fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets667.6M685.6M660.9M690.2M891.2M578.8M
Total Stockholder Equity314.5M323.5M411.0M377.4M374.4M323.2M
Other Assets24.0M24.3M593.8M585.9M30.3M28.8M
Cash And Short Term Investments23.8M33.6M22.3M46.2M19.3M37.4M
Common Stock Shares Outstanding16.5M14.7M19.2M23.2M22.7M23.9M
Short Term Investments1.6M1.6M498.0M12.4M(491K)(466.5K)
Liabilities And Stockholders Equity667.6M685.6M660.9M690.2M891.2M578.8M
Other Stockholder Equity1.5B1.6B1.7B1.7B852.5M588.4M
Total Liab352.6M361.7M249.5M312.5M514.4M540.2M
Total Current Assets142.4M164.5M146.7M161.4M104.5M146.9M
Short Long Term Debt Total312.0M324.3M201.1M184.3M471.6M253.9M
Net Debt283.6M290.7M178.8M138.1M452.3M474.9M
Non Current Liabilities Total318.8M334.6M218.2M202.1M406.1M232.5M
Other Current Liab9.4M6.7M4.5M3.2M3.1M3.0M
Total Current Liabilities33.7M27.0M31.3M110.4M108.4M113.8M
Retained Earnings(740.6M)(778.5M)(804.2M)(837.8M)(921.9M)(875.8M)
Accounts Payable24.3M20.3M26.8M107.2M26.4M17.6M
Cash23.8M33.6M22.3M46.2M19.3M26.9M
Non Current Assets Total525.2M521.1M514.2M528.9M756.4M410.5M
Non Currrent Assets Other517.9M514.8M508.9M9.9M718.5M754.4M
Net Receivables106.5M22.2M24.3M24.7M20.1M19.1M
Property Plant And Equipment Net508.8M506.0M498.0M502.0M(57.3M)(54.4M)
Other Current Assets(39.5M)10.0M11.3M11.3M81.9M86.0M
Inventory51.6M55.4M69.3M93.5M107.5M112.9M
Accumulated Other Comprehensive Income(740.6M)(778.5M)(804.2M)(837.8M)(23K)(24.2K)
Short Term Debt4.5M2.3M62.8M303K78.8M74.9M
Noncontrolling Interest In Consolidated Entity890K837K505K345K396.8K779.6K
Long Term Debt307.4M324.3M201.1M184.3M430.2M428.7M
Retained Earnings Total Equity(399.3M)(436.9M)(740.6M)(804.2M)(723.8M)(687.6M)
Deferred Long Term Liab18.8M19.5M19.2M20.5M23.6M29.2M
Preferred Stock Total Equity230.8M261.1M223.5M310.7M357.3M375.1M
Intangible Assets7.3M6.3M5.3M4.5M3.9M3.8M
Property Plant Equipment1.0B508.7M506.0M498.0M572.7M852.7M
Net Tangible Assets345.8M83.8M9.3M95.1M85.6M81.3M

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