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 Total Revenue and its Minority Interest 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.
Total Revenue vs Minority Interest
Total Revenue vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Creative Media Community Total Revenue account and
Minority Interest. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Creative Media's Total Revenue and Minority Interest is -0.14. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Minority Interest 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 Total Revenue and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Creative Media Community are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Total Revenue i.e., Creative Media's Total Revenue and Minority Interest go up and down completely randomly.
Correlation Coefficient | -0.14 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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.
Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Creative Media Community whose combined shares represent less than 50% of the total outstanding shares issued by Creative Media have a minority interest in Creative Media.
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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