Creative Income Before Tax vs Total Revenue 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 Income Before Tax and its Total Revenue 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.

Income Before Tax vs Total Revenue

Income Before Tax vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Creative Media Community Income Before Tax account and Total Revenue. At this time, the significance of the direction appears to have weak relationship.
The correlation between Creative Media's Income Before Tax and Total Revenue is 0.31. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Total Revenue 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 Income Before Tax and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Creative Media Community are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Income Before Tax i.e., Creative Media's Income Before Tax and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Creative Media income statement and is an important metric when analyzing Creative Media Community profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Total Revenue

Total revenue comprises all receipts Creative Media Community generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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
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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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