Creative Property Plant And Equipment Net vs Accounts Payable 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 Property Plant And Equipment Net and its Accounts Payable 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.

Property Plant And Equipment Net vs Accounts Payable

Property Plant And Equipment Net vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Creative Media Community Property Plant And Equipment Net account and Accounts Payable. At this time, the significance of the direction appears to have no relationship.
The correlation between Creative Media's Property Plant And Equipment Net and Accounts Payable is 0.07. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Accounts Payable 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 Property Plant And Equipment Net and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Creative Media Community are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Property Plant And Equipment Net i.e., Creative Media's Property Plant And Equipment Net and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.07
Relationship DirectionPositive 
Relationship StrengthInsignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Accounts Payable

An accounting item on the balance sheet that represents Creative Media obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Creative Media Community are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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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