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 Non Current Liabilities Total and its Cash And Short Term Investments 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.
Non Current Liabilities Total vs Cash And Short Term Investments
Non Current Liabilities Total vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Creative Media Community Non Current Liabilities Total account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Creative Media's Non Current Liabilities Total and Cash And Short Term Investments is 0.83. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Cash And Short Term Investments 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 Non Current Liabilities Total and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Creative Media Community are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Non Current Liabilities Total i.e., Creative Media's Non Current Liabilities Total and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Non Current Liabilities Total
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Creative Media Community balance sheet. This account contains Creative Media investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Creative Media Community fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
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.
Creative Media fundamental ratios Correlations
Click cells to compare fundamentals
Creative Media Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Creative Media fundamental ratios Accounts
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