HTMEDIA Non Currrent Assets Other vs Accounts Payable Analysis

HTMEDIA Stock   24.01  0.41  1.74%   
HT Media financial indicator trend analysis is much more than just examining HT Media Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HT Media Limited is a good investment. Please check the relationship between HT Media Non Currrent Assets Other and its Accounts Payable accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HT Media 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 unemployment.

Non Currrent Assets Other vs Accounts Payable

Non Currrent Assets Other vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HT Media Limited Non Currrent Assets Other account and Accounts Payable. At this time, the significance of the direction appears to have no relationship.
The correlation between HT Media's Non Currrent Assets Other and Accounts Payable is 0.07. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of HT Media Limited, assuming nothing else is changed. The correlation between historical values of HT Media's Non Currrent Assets Other 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 Non Currrent Assets Other of HT Media Limited 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 Non Currrent Assets Other i.e., HT Media's Non Currrent Assets Other and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.07
Relationship DirectionPositive 
Relationship StrengthInsignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Accounts Payable

An accounting item on the balance sheet that represents HT 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 HT Media Limited 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 HT Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HT Media Limited 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HT Media 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 unemployment.
As of November 29, 2024, Selling General Administrative is expected to decline to about 761.6 M. The current year's Tax Provision is expected to grow to about (466.4 M)
 2021 2022 2023 2024 (projected)
Gross Profit8.8B8.3B7.5B11.3B
Total Revenue14.2B16.2B16.9B18.5B

HT Media fundamental ratios Correlations

0.880.240.960.960.080.860.860.520.20.910.530.620.510.490.60.170.240.06-0.190.970.660.81-0.650.30.3
0.880.230.930.78-0.170.990.740.360.170.830.510.540.650.330.530.060.020.11-0.170.930.530.85-0.410.180.11
0.240.230.360.1-0.160.24-0.010.09-0.120.18-0.020.170.060.730.17-0.130.290.40.490.350.22-0.09-0.560.03-0.33
0.960.930.360.870.00.910.770.530.230.890.460.540.560.510.520.010.230.14-0.010.980.60.77-0.590.30.11
0.960.780.10.870.270.730.920.630.370.870.580.590.560.420.550.070.28-0.11-0.180.870.640.78-0.680.370.37
0.08-0.17-0.160.00.27-0.260.240.620.57-0.020.1-0.010.020.24-0.08-0.350.57-0.260.19-0.060.22-0.04-0.510.53-0.03
0.860.990.240.910.73-0.260.690.240.020.830.490.530.590.310.530.15-0.020.16-0.220.920.490.86-0.360.10.14
0.860.74-0.010.770.920.240.690.530.390.80.630.530.60.330.50.040.230.05-0.310.770.550.78-0.590.180.37
0.520.360.090.530.630.620.240.530.810.370.070.290.350.420.18-0.390.55-0.280.250.450.530.21-0.610.77-0.11
0.20.17-0.120.230.370.570.020.390.810.090.220.150.470.140.02-0.610.26-0.320.320.110.310.02-0.270.56-0.16
0.910.830.180.890.87-0.020.830.80.370.090.60.280.60.30.280.06-0.03-0.04-0.160.880.290.88-0.510.080.31
0.530.51-0.020.460.580.10.490.630.070.220.60.260.740.110.25-0.08-0.18-0.15-0.160.440.130.58-0.28-0.290.15
0.620.540.170.540.59-0.010.530.530.290.150.280.260.160.490.990.420.470.19-0.320.610.930.3-0.450.270.23
0.510.650.060.560.560.020.590.60.350.470.60.740.160.10.1-0.47-0.13-0.340.10.470.080.59-0.21-0.08-0.06
0.490.330.730.510.420.240.310.330.420.140.30.110.490.10.450.060.620.30.140.520.580.1-0.810.28-0.06
0.60.530.170.520.55-0.080.530.50.180.020.280.250.990.10.450.510.440.23-0.380.590.90.31-0.410.20.27
0.170.06-0.130.010.07-0.350.150.04-0.39-0.610.06-0.080.42-0.470.060.51-0.050.24-0.790.190.280.170.01-0.180.42
0.240.020.290.230.280.57-0.020.230.550.26-0.03-0.180.47-0.130.620.44-0.050.130.20.220.63-0.17-0.610.42-0.12
0.060.110.40.14-0.11-0.260.160.05-0.28-0.32-0.04-0.150.19-0.340.30.230.240.13-0.010.180.21-0.04-0.1-0.17-0.05
-0.19-0.170.49-0.01-0.180.19-0.22-0.310.250.32-0.16-0.16-0.320.10.14-0.38-0.790.2-0.01-0.15-0.16-0.42-0.070.21-0.49
0.970.930.350.980.87-0.060.920.770.450.110.880.440.610.470.520.590.190.220.18-0.150.640.78-0.60.270.18
0.660.530.220.60.640.220.490.550.530.310.290.130.930.080.580.90.280.630.21-0.160.640.26-0.580.560.13
0.810.85-0.090.770.78-0.040.860.780.210.020.880.580.30.590.10.310.17-0.17-0.04-0.420.780.26-0.330.060.4
-0.65-0.41-0.56-0.59-0.68-0.51-0.36-0.59-0.61-0.27-0.51-0.28-0.45-0.21-0.81-0.410.01-0.61-0.1-0.07-0.6-0.58-0.33-0.41-0.06
0.30.180.030.30.370.530.10.180.770.560.08-0.290.27-0.080.280.2-0.180.42-0.170.210.270.560.06-0.41-0.08
0.30.11-0.330.110.37-0.030.140.37-0.11-0.160.310.150.23-0.06-0.060.270.42-0.12-0.05-0.490.180.130.4-0.06-0.08
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HT Media Account Relationship Matchups

HT Media fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets45.0B43.3B43.8B41.5B41.1B34.4B
Short Long Term Debt Total7.7B6.7B8.8B8.7B8.9B6.5B
Other Current Liab133M4.6B6.1B6.0B8.4B8.8B
Total Current Liabilities14.9B16.3B16.2B17.6B18.0B12.6B
Total Stockholder Equity22.9B20.9B20.8B18.0B17.1B17.3B
Property Plant And Equipment Net7.0B5.6B4.9B5.5B4.6B6.6B
Net Debt7.1B6.0B8.1B8.0B8.1B5.2B
Retained Earnings15.7B13.6B13.8B11.5B10.7B11.8B
Accounts Payable2.9B2.8B2.5B3.1B3.0B3.3B
Cash616.5M711.1M705.3M667M812.8M972.4M
Non Current Assets Total31.3B32.1B25.6B27.2B22.6B21.4B
Non Currrent Assets Other6.5B6.2B5.2B5.7B2.3B4.0B
Cash And Short Term Investments6.8B5.9B11.9B7.2B11.1B6.6B
Short Term Investments6.1B5.2B11.2B6.5B9.8B5.5B
Liabilities And Stockholders Equity45.0B43.3B43.8B41.5B41.1B34.4B
Non Current Liabilities Total3.2B2.1B2.7B2.4B2.5B1.7B
Inventory1.4B1.4B1.5B1.6B1.8B1.6B
Other Current Assets1.1B1.3B1.6B1.5B1.7B1.2B
Other Stockholder Equity(19.2B)(15.5B)4.9B5.0B5.0B3.1B
Total Liab18.1B18.3B19.0B20.0B20.5B15.0B
Total Current Assets13.7B11.2B18.2B14.3B18.5B13.0B
Accumulated Other Comprehensive Income(4.1B)1.9B1.6B1.0B964.2M1.0B
Intangible Assets4.9B2.9B2.6B2.3B1.5B2.1B
Net Receivables4.4B2.7B3.7B3.7B3.9B4.3B
Current Deferred Revenue6.9B8.4B5.4B(6.5B)212.4M201.8M
Short Term Debt4.9B6.6B6.4B6.6B6.6B7.1B
Other Liab356M454.9M322.1M357.5M321.8M319.5M
Net Tangible Assets21.2B18.4B18.0B18.2B20.9B20.4B
Other Assets7.5B100K7.0B1.9B2.1B2.0B
Long Term Debt1.8B1.1B1.8B724.7M954.1M1.1B
Short Long Term Debt4.4B4.6B6.2B6.3B6.5B5.3B
Property Plant Equipment7.0B5.6B4.9B5.5B4.9B5.0B
Long Term Debt Total2.8B1.7B2.4B2.1B2.4B1.7B
Non Current Liabilities Other19.9M125.3M95.2M61.3M55.2M52.4M
Cash And Equivalents256.6M291.4M99.1M218.1M196.3M174.3M

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Other Information on Investing in HTMEDIA Stock

Balance Sheet is a snapshot of the financial position of HT Media Limited at a specified time, usually calculated after every quarter, six months, or one year. HT Media Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of HT Media and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which HTMEDIA currently owns. An asset can also be divided into two categories, current and non-current.