Entertainment Cash vs Other Assets Analysis

ENIL Stock   182.05  0.32  0.18%   
Entertainment Network financial indicator trend analysis is much more than just examining Entertainment Network latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Entertainment Network is a good investment. Please check the relationship between Entertainment Network Cash and its Other Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Entertainment Network Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Cash vs Other Assets

Cash vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Entertainment Network Cash account and Other Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Entertainment Network's Cash and Other Assets is -0.07. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Other Assets in the same time period over historical financial statements of Entertainment Network Limited, assuming nothing else is changed. The correlation between historical values of Entertainment Network's Cash and Other 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 Cash of Entertainment Network Limited are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Cash i.e., Entertainment Network's Cash and Other Assets go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cash

Cash refers to the most liquid asset of Entertainment Network, which is listed under current asset account on Entertainment Network Limited balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Entertainment Network customers. The amounts must be unrestricted with restricted cash listed in a different Entertainment Network account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Other Assets

Most indicators from Entertainment Network's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Entertainment Network 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Entertainment Network Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Tax Provision is likely to gain to about 73.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 228.1 M in 2024.
 2021 2022 2023 2024 (projected)
Cost Of Revenue920.3M1.2B3.8B4.0B
Total Revenue3.2B4.4B5.6B3.8B

Entertainment Network fundamental ratios Correlations

0.620.960.960.540.090.510.250.740.680.74-0.140.890.690.060.20.520.82-0.060.21-0.010.35-0.450.420.070.54
0.620.520.570.780.15-0.03-0.190.810.320.61-0.260.620.46-0.140.30.430.62-0.170.0-0.55-0.01-0.10.24-0.120.34
0.960.520.980.460.140.470.180.590.770.58-0.10.890.670.10.00.310.740.020.240.090.18-0.40.430.10.64
0.960.570.980.530.030.470.160.650.660.59-0.210.880.77-0.020.10.390.83-0.060.110.020.24-0.450.34-0.010.72
0.540.780.460.530.160.26-0.160.810.250.310.040.690.38-0.10.00.230.46-0.110.2-0.810.22-0.240.50.10.4
0.090.150.140.030.16-0.07-0.11-0.020.42-0.090.70.27-0.10.23-0.44-0.41-0.16-0.170.18-0.07-0.360.460.2-0.01-0.02
0.51-0.030.470.470.26-0.070.690.450.360.330.160.380.270.120.040.390.360.190.32-0.090.7-0.270.370.280.13
0.25-0.190.180.16-0.16-0.110.690.250.160.350.22-0.050.130.070.270.50.260.090.060.160.660.0-0.010.07-0.25
0.740.810.590.650.81-0.020.450.250.330.76-0.140.630.53-0.050.440.710.74-0.180.09-0.590.55-0.420.330.00.3
0.680.320.770.660.250.420.360.160.330.350.280.640.180.5-0.37-0.040.250.30.530.11-0.12-0.10.550.40.26
0.740.610.580.590.31-0.090.330.350.760.35-0.270.480.470.170.720.850.76-0.12-0.02-0.040.5-0.420.09-0.110.18
-0.14-0.26-0.1-0.210.040.70.160.22-0.140.28-0.270.03-0.480.5-0.53-0.46-0.480.210.52-0.12-0.050.380.450.44-0.31
0.890.620.890.880.690.270.38-0.050.630.640.480.030.590.09-0.080.190.64-0.040.3-0.150.14-0.350.570.130.65
0.690.460.670.770.38-0.10.270.130.530.180.47-0.480.59-0.50.360.470.92-0.55-0.50.040.33-0.45-0.25-0.590.77
0.06-0.140.1-0.02-0.10.230.120.07-0.050.50.170.50.09-0.5-0.18-0.17-0.320.650.610.09-0.070.00.470.59-0.21
0.20.30.00.10.0-0.440.040.270.44-0.370.72-0.53-0.080.36-0.180.860.57-0.34-0.490.00.55-0.35-0.43-0.470.01
0.520.430.310.390.23-0.410.390.50.71-0.040.85-0.460.190.47-0.170.860.73-0.26-0.2-0.10.74-0.48-0.1-0.20.01
0.820.620.740.830.46-0.160.360.260.740.250.76-0.480.640.92-0.320.570.73-0.41-0.34-0.040.47-0.5-0.09-0.430.63
-0.06-0.170.02-0.06-0.11-0.170.190.09-0.180.3-0.120.21-0.04-0.550.65-0.34-0.26-0.410.660.03-0.220.280.520.72-0.31
0.210.00.240.110.20.180.320.060.090.53-0.020.520.3-0.50.61-0.49-0.2-0.340.66-0.12-0.02-0.010.940.97-0.29
-0.01-0.550.090.02-0.81-0.07-0.090.16-0.590.11-0.04-0.12-0.150.040.090.0-0.1-0.040.03-0.12-0.16-0.01-0.3-0.110.01
0.35-0.010.180.240.22-0.360.70.660.55-0.120.5-0.050.140.33-0.070.550.740.47-0.22-0.02-0.16-0.590.060.010.02
-0.45-0.1-0.4-0.45-0.240.46-0.270.0-0.42-0.1-0.420.38-0.35-0.450.0-0.35-0.48-0.50.28-0.01-0.01-0.59-0.13-0.04-0.45
0.420.240.430.340.50.20.37-0.010.330.550.090.450.57-0.250.47-0.43-0.1-0.090.520.94-0.30.06-0.130.87-0.04
0.07-0.120.1-0.010.1-0.010.280.070.00.4-0.110.440.13-0.590.59-0.47-0.2-0.430.720.97-0.110.01-0.040.87-0.35
0.540.340.640.720.4-0.020.13-0.250.30.260.18-0.310.650.77-0.210.010.010.63-0.31-0.290.010.02-0.45-0.04-0.35
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Entertainment Network Account Relationship Matchups

Entertainment Network fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.2B11.1B11.1B10.9B12.6B7.6B
Total Current Liabilities1.7B1.1B1.2B1.6B3.2B3.3B
Total Stockholder Equity9.2B8.0B7.6B7.5B7.7B5.5B
Retained Earnings6.8B5.7B5.2B5.1B5.3B4.2B
Accounts Payable1.2B665.6M746.7M793.3M2.1B2.3B
Cash40.8M104.6M119.0M201.5M236.1M154.6M
Other Assets462.8M716.6M894.9M443.6M510.2M361.4M
Total Liab4.0B3.1B3.5B3.4B4.8B5.1B
Property Plant Equipment2.7B2.2B2.4B1.9B2.2B1.2B
Other Current Liab15.9M232.5M207.4M567.0M403.1M279.7M
Net Receivables1.8B1.1B1.4B1.3B2.2B1.3B
Intangible Assets5.7B4.4B4.0B3.5B3.1B3.2B
Property Plant And Equipment Net2.7B2.2B2.4B1.9B1.9B1.5B
Net Debt2.2B1.9B2.2B1.8B1.7B1.1B
Non Current Assets Total8.9B7.4B7.3B6.5B6.5B5.6B
Non Currrent Assets Other80K2.5B2.5B613.6M1.5B1.4B
Cash And Short Term Investments2.4B2.3B2.3B2.8B3.8B2.1B
Liabilities And Stockholders Equity13.2B11.1B11.1B10.9B12.6B9.8B
Non Current Liabilities Total2.3B2.0B2.2B1.9B1.7B1.1B
Other Stockholder Equity2.2B2.4B(7.3B)1.9B1.9B2.1B
Total Current Assets4.3B3.8B3.8B4.4B6.0B4.2B
Accumulated Other Comprehensive Income(969.6M)(649K)1.6M8.9M6.5M6.8M
Short Term Investments2.4B2.2B2.2B2.6B3.1B2.1B
Other Liab320.0M98.0M105.6M80.4M92.5M179.0M
Net Tangible Assets3.3B3.4B3.6B3.6B3.3B3.1B
Long Term Debt Total2.0B1.9B2.1B1.8B2.0B1.1B
Current Deferred Revenue275.3M173.1M231.4M385.1M285.9M287.5M
Short Term Debt235.2M171.9M231.3M195.4M318.8M517.5M
Net Invested Capital9.2B8.0B7.6B7.5B7.7B6.8B
Net Working Capital2.6B2.6B2.6B2.8B2.9B2.7B
Inventory(2.4B)(2.0B)(1.9B)(1.7B)(46.9M)(49.2M)

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