Entertainment Depreciation vs Free Cash Flow Analysis

ENIL Stock

189.37 1.65 0.86%

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 Depreciation and its Free Cash Flow 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.

Depreciation vs Free Cash Flow

Depreciation vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Entertainment Network Depreciation account and Free Cash Flow. At this time, the significance of the direction appears to have very week relationship.

The correlation between Entertainment Network's Depreciation and Free Cash Flow is 0.27. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Free Cash Flow 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 Depreciation and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Entertainment Network Limited are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Depreciation i.e., Entertainment Network's Depreciation and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.27

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Depreciation

Depreciation indicates how much of Entertainment Network value has been used up. For tax purposes Entertainment Network can deduct the cost of the tangible assets it purchases as business expenses. However, Entertainment Network Limited must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital 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 Revenue	920.3M	1.2B	3.8B	4.0B
Total Revenue	3.2B	4.4B	5.6B	3.8B

Cost Of Revenue Total Revenue

Entertainment Network fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Other Current Assets	Total Liab	Common Stock	Property Plant Equipment	Other Current Liab	Net Receivables	Intangible Assets	Short Long Term Debt Total	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Current Assets	Short Term Investments	Other Liab
Total Assets		0.62	0.96	0.96	0.54	0.09	0.51	0.25	0.74	0.68	0.74	-0.14	0.89	0.69	0.06	0.2	0.52	0.82	-0.06	0.21	-0.01	0.35	-0.45	0.42	0.07	0.54
Total Current Liabilities	0.62		0.52	0.57	0.78	0.15	-0.03	-0.19	0.81	0.32	0.61	-0.26	0.62	0.46	-0.14	0.3	0.43	0.62	-0.17	0.0	-0.55	-0.01	-0.1	0.24	-0.12	0.34
Total Stockholder Equity	0.96	0.52		0.98	0.46	0.14	0.47	0.18	0.59	0.77	0.58	-0.1	0.89	0.67	0.1	0.0	0.31	0.74	0.02	0.24	0.09	0.18	-0.4	0.43	0.1	0.64
Retained Earnings	0.96	0.57	0.98		0.53	0.03	0.47	0.16	0.65	0.66	0.59	-0.21	0.88	0.77	-0.02	0.1	0.39	0.83	-0.06	0.11	0.02	0.24	-0.45	0.34	-0.01	0.72
Accounts Payable	0.54	0.78	0.46	0.53		0.16	0.26	-0.16	0.81	0.25	0.31	0.04	0.69	0.38	-0.1	0.0	0.23	0.46	-0.11	0.2	-0.81	0.22	-0.24	0.5	0.1	0.4
Cash	0.09	0.15	0.14	0.03	0.16		-0.07	-0.11	-0.02	0.42	-0.09	0.7	0.27	-0.1	0.23	-0.44	-0.41	-0.16	-0.17	0.18	-0.07	-0.36	0.46	0.2	-0.01	-0.02
Other Assets	0.51	-0.03	0.47	0.47	0.26	-0.07		0.69	0.45	0.36	0.33	0.16	0.38	0.27	0.12	0.04	0.39	0.36	0.19	0.32	-0.09	0.7	-0.27	0.37	0.28	0.13
Other Current Assets	0.25	-0.19	0.18	0.16	-0.16	-0.11	0.69		0.25	0.16	0.35	0.22	-0.05	0.13	0.07	0.27	0.5	0.26	0.09	0.06	0.16	0.66	0.0	-0.01	0.07	-0.25
Total Liab	0.74	0.81	0.59	0.65	0.81	-0.02	0.45	0.25		0.33	0.76	-0.14	0.63	0.53	-0.05	0.44	0.71	0.74	-0.18	0.09	-0.59	0.55	-0.42	0.33	0.0	0.3
Common Stock	0.68	0.32	0.77	0.66	0.25	0.42	0.36	0.16	0.33		0.35	0.28	0.64	0.18	0.5	-0.37	-0.04	0.25	0.3	0.53	0.11	-0.12	-0.1	0.55	0.4	0.26
Property Plant Equipment	0.74	0.61	0.58	0.59	0.31	-0.09	0.33	0.35	0.76	0.35		-0.27	0.48	0.47	0.17	0.72	0.85	0.76	-0.12	-0.02	-0.04	0.5	-0.42	0.09	-0.11	0.18
Other Current Liab	-0.14	-0.26	-0.1	-0.21	0.04	0.7	0.16	0.22	-0.14	0.28	-0.27		0.03	-0.48	0.5	-0.53	-0.46	-0.48	0.21	0.52	-0.12	-0.05	0.38	0.45	0.44	-0.31
Net Receivables	0.89	0.62	0.89	0.88	0.69	0.27	0.38	-0.05	0.63	0.64	0.48	0.03		0.59	0.09	-0.08	0.19	0.64	-0.04	0.3	-0.15	0.14	-0.35	0.57	0.13	0.65
Intangible Assets	0.69	0.46	0.67	0.77	0.38	-0.1	0.27	0.13	0.53	0.18	0.47	-0.48	0.59		-0.5	0.36	0.47	0.92	-0.55	-0.5	0.04	0.33	-0.45	-0.25	-0.59	0.77
Short Long Term Debt Total	0.06	-0.14	0.1	-0.02	-0.1	0.23	0.12	0.07	-0.05	0.5	0.17	0.5	0.09	-0.5		-0.18	-0.17	-0.32	0.65	0.61	0.09	-0.07	0.0	0.47	0.59	-0.21
Property Plant And Equipment Net	0.2	0.3	0.0	0.1	0.0	-0.44	0.04	0.27	0.44	-0.37	0.72	-0.53	-0.08	0.36	-0.18		0.86	0.57	-0.34	-0.49	0.0	0.55	-0.35	-0.43	-0.47	0.01
Net Debt	0.52	0.43	0.31	0.39	0.23	-0.41	0.39	0.5	0.71	-0.04	0.85	-0.46	0.19	0.47	-0.17	0.86		0.73	-0.26	-0.2	-0.1	0.74	-0.48	-0.1	-0.2	0.01
Non Current Assets Total	0.82	0.62	0.74	0.83	0.46	-0.16	0.36	0.26	0.74	0.25	0.76	-0.48	0.64	0.92	-0.32	0.57	0.73		-0.41	-0.34	-0.04	0.47	-0.5	-0.09	-0.43	0.63
Non Currrent Assets Other	-0.06	-0.17	0.02	-0.06	-0.11	-0.17	0.19	0.09	-0.18	0.3	-0.12	0.21	-0.04	-0.55	0.65	-0.34	-0.26	-0.41		0.66	0.03	-0.22	0.28	0.52	0.72	-0.31
Cash And Short Term Investments	0.21	0.0	0.24	0.11	0.2	0.18	0.32	0.06	0.09	0.53	-0.02	0.52	0.3	-0.5	0.61	-0.49	-0.2	-0.34	0.66		-0.12	-0.02	-0.01	0.94	0.97	-0.29
Common Stock Shares Outstanding	-0.01	-0.55	0.09	0.02	-0.81	-0.07	-0.09	0.16	-0.59	0.11	-0.04	-0.12	-0.15	0.04	0.09	0.0	-0.1	-0.04	0.03	-0.12		-0.16	-0.01	-0.3	-0.11	0.01
Non Current Liabilities Total	0.35	-0.01	0.18	0.24	0.22	-0.36	0.7	0.66	0.55	-0.12	0.5	-0.05	0.14	0.33	-0.07	0.55	0.74	0.47	-0.22	-0.02	-0.16		-0.59	0.06	0.01	0.02
Other Stockholder Equity	-0.45	-0.1	-0.4	-0.45	-0.24	0.46	-0.27	0.0	-0.42	-0.1	-0.42	0.38	-0.35	-0.45	0.0	-0.35	-0.48	-0.5	0.28	-0.01	-0.01	-0.59		-0.13	-0.04	-0.45
Total Current Assets	0.42	0.24	0.43	0.34	0.5	0.2	0.37	-0.01	0.33	0.55	0.09	0.45	0.57	-0.25	0.47	-0.43	-0.1	-0.09	0.52	0.94	-0.3	0.06	-0.13		0.87	-0.04
Short Term Investments	0.07	-0.12	0.1	-0.01	0.1	-0.01	0.28	0.07	0.0	0.4	-0.11	0.44	0.13	-0.59	0.59	-0.47	-0.2	-0.43	0.72	0.97	-0.11	0.01	-0.04	0.87		-0.35
Other Liab	0.54	0.34	0.64	0.72	0.4	-0.02	0.13	-0.25	0.3	0.26	0.18	-0.31	0.65	0.77	-0.21	0.01	0.01	0.63	-0.31	-0.29	0.01	0.02	-0.45	-0.04	-0.35

Click cells to compare fundamentals

Entertainment Network Account Relationship Matchups

Entertainment Network fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	13.2B	11.1B	11.1B	10.9B	12.6B	7.6B
Total Current Liabilities	1.7B	1.1B	1.2B	1.6B	3.2B	3.3B
Total Stockholder Equity	9.2B	8.0B	7.6B	7.5B	7.7B	5.5B
Retained Earnings	6.8B	5.7B	5.2B	5.1B	5.3B	4.2B
Accounts Payable	1.2B	665.6M	746.7M	793.3M	2.1B	2.3B
Cash	40.8M	104.6M	119.0M	201.5M	236.1M	154.6M
Other Assets	462.8M	716.6M	894.9M	443.6M	510.2M	361.4M
Total Liab	4.0B	3.1B	3.5B	3.4B	4.8B	5.1B
Property Plant Equipment	2.7B	2.2B	2.4B	1.9B	2.2B	1.2B
Other Current Liab	15.9M	232.5M	207.4M	567.0M	403.1M	279.7M
Net Receivables	1.8B	1.1B	1.4B	1.3B	2.2B	1.3B
Intangible Assets	5.7B	4.4B	4.0B	3.5B	3.1B	3.2B
Property Plant And Equipment Net	2.7B	2.2B	2.4B	1.9B	1.9B	1.5B
Net Debt	2.2B	1.9B	2.2B	1.8B	1.7B	1.1B
Non Current Assets Total	8.9B	7.4B	7.3B	6.5B	6.5B	5.6B
Non Currrent Assets Other	80K	2.5B	2.5B	613.6M	1.5B	1.4B
Cash And Short Term Investments	2.4B	2.3B	2.3B	2.8B	3.8B	2.1B
Liabilities And Stockholders Equity	13.2B	11.1B	11.1B	10.9B	12.6B	9.8B
Non Current Liabilities Total	2.3B	2.0B	2.2B	1.9B	1.7B	1.1B
Other Stockholder Equity	2.2B	2.4B	(7.3B)	1.9B	1.9B	2.1B
Total Current Assets	4.3B	3.8B	3.8B	4.4B	6.0B	4.2B
Accumulated Other Comprehensive Income	(969.6M)	(649K)	1.6M	8.9M	6.5M	6.8M
Short Term Investments	2.4B	2.2B	2.2B	2.6B	3.1B	2.1B
Other Liab	320.0M	98.0M	105.6M	80.4M	92.5M	179.0M
Net Tangible Assets	3.3B	3.4B	3.6B	3.6B	3.3B	3.1B
Long Term Debt Total	2.0B	1.9B	2.1B	1.8B	2.0B	1.1B
Current Deferred Revenue	275.3M	173.1M	231.4M	385.1M	285.9M	287.5M
Short Term Debt	235.2M	171.9M	231.3M	195.4M	318.8M	517.5M
Net Invested Capital	9.2B	8.0B	7.6B	7.5B	7.7B	6.8B
Net Working Capital	2.6B	2.6B	2.6B	2.8B	2.9B	2.7B
Inventory	(2.4B)	(2.0B)	(1.9B)	(1.7B)	(46.9M)	(49.2M)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

C	Citigroup
GM	General Motors
F	Ford Motor

Additional Tools for Entertainment Stock Analysis

When running Entertainment Network's price analysis, check to measure Entertainment Network's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Entertainment Network is operating at the current time. Most of Entertainment Network's value examination focuses on studying past and present price action to predict the probability of Entertainment Network's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Entertainment Network's price. Additionally, you may evaluate how the addition of Entertainment Network to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Entertainment Depreciation vs Free Cash Flow Analysis

Depreciation vs Free Cash Flow

Depreciation vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Depreciation

Free Cash Flow

Entertainment Network fundamental ratios Correlations

Entertainment Network Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Entertainment Network fundamental ratios Accounts

Also Currently Popular

Additional Tools for Entertainment Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 0.98	Total Stockholder Equity
Short Term Investments	+ 0.97	Cash And Short Term Investments
Total Stockholder Equity	+ 0.96	Total Assets
Retained Earnings	+ 0.96	Total Assets
Total Current Assets	+ 0.94	Cash And Short Term Investments
Non Current Assets Total	+ 0.92	Intangible Assets

Common Stock Shares Outstanding	- 0.81	Accounts Payable
Other Stockholder Equity	- 0.59	Non Current Liabilities Total
Short Term Investments	- 0.59	Intangible Assets
Common Stock Shares Outstanding	- 0.59	Total Liab
Non Currrent Assets Other	- 0.55	Intangible Assets
Common Stock Shares Outstanding	- 0.55	Total Current Liabilities