Next Total Revenue vs Total Assets Analysis

NEXTMEDIA   9.41  0.15  1.57%   
Next Mediaworks financial indicator trend analysis is infinitely more than just investigating Next Mediaworks recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Next Mediaworks is a good investment. Please check the relationship between Next Mediaworks Total Revenue and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Next Mediaworks 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 population.

Total Revenue vs Total Assets

Total Revenue vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Next Mediaworks Total Revenue account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Next Mediaworks' Total Revenue and Total Assets is 0.86. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total Assets in the same time period over historical financial statements of Next Mediaworks Limited, assuming nothing else is changed. The correlation between historical values of Next Mediaworks' Total Revenue and Total 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 Total Revenue of Next Mediaworks Limited are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Revenue i.e., Next Mediaworks' Total Revenue and Total Assets go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Total Revenue

Total revenue comprises all receipts Next Mediaworks 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.

Total Assets

Total assets refers to the total amount of Next Mediaworks assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Next Mediaworks books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Next Mediaworks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Next Mediaworks 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Next Mediaworks 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 population.
The current year's Selling General Administrative is expected to grow to about 53.7 M, whereas Tax Provision is forecasted to decline to 0.00.
 2021 2022 2023 2024 (projected)
Interest Expense156.3M183.1M206.6M104.2M
Depreciation And Amortization93.1M88.7M85.1M94.0M

Next Mediaworks fundamental ratios Correlations

-0.630.870.310.840.53-0.640.840.130.910.59-0.010.76-0.780.69-0.610.410.490.02-0.650.71-0.80.660.13-0.120.64
-0.63-0.48-0.49-0.90.131.0-0.890.01-0.82-0.110.2-0.360.69-0.010.98-0.50.110.00.86-0.160.63-0.530.01-0.07-0.67
0.87-0.480.020.740.63-0.50.750.430.770.680.30.65-0.620.76-0.440.390.56-0.01-0.480.81-0.640.5-0.13-0.380.65
0.31-0.490.020.27-0.19-0.470.28-0.230.38-0.11-0.290.55-0.130.02-0.6-0.11-0.21-0.03-0.310.16-0.150.810.730.77-0.01
0.84-0.90.740.270.23-0.910.990.130.930.37-0.050.46-0.850.34-0.870.550.210.12-0.850.42-0.810.49-0.07-0.140.86
0.530.130.63-0.190.230.120.260.140.350.570.140.38-0.390.920.15-0.090.820.240.120.72-0.480.190.15-0.230.32
-0.641.0-0.5-0.47-0.910.12-0.89-0.06-0.82-0.130.13-0.370.68-0.020.98-0.520.11-0.010.87-0.20.62-0.520.02-0.06-0.68
0.84-0.890.750.280.990.26-0.890.130.920.38-0.050.46-0.880.35-0.870.490.220.1-0.860.42-0.840.5-0.04-0.140.88
0.130.010.43-0.230.130.14-0.060.13-0.080.280.950.160.10.220.020.340.020.15-0.150.50.13-0.05-0.25-0.190.25
0.91-0.820.770.380.930.35-0.820.92-0.080.44-0.250.6-0.830.49-0.790.420.38-0.01-0.70.5-0.830.660.06-0.110.68
0.59-0.110.68-0.110.370.57-0.130.380.280.440.170.57-0.380.73-0.050.20.670.01-0.090.67-0.440.190.12-0.220.36
-0.010.20.3-0.29-0.050.140.13-0.050.95-0.250.170.060.240.190.190.130.060.170.020.440.26-0.13-0.23-0.140.11
0.76-0.360.650.550.460.38-0.370.460.160.60.570.06-0.310.67-0.380.210.29-0.08-0.270.81-0.360.770.490.230.19
-0.780.69-0.62-0.13-0.85-0.390.68-0.880.1-0.83-0.380.24-0.31-0.360.65-0.22-0.41-0.160.74-0.260.97-0.340.010.25-0.85
0.69-0.010.760.020.340.92-0.020.350.220.490.730.190.67-0.360.010.050.80.120.040.9-0.470.410.26-0.110.28
-0.610.98-0.44-0.6-0.870.150.98-0.870.02-0.79-0.050.19-0.380.650.01-0.420.16-0.010.86-0.160.6-0.6-0.1-0.19-0.64
0.41-0.50.39-0.110.55-0.09-0.520.490.340.420.20.130.21-0.220.05-0.42-0.19-0.09-0.520.24-0.20.03-0.37-0.250.36
0.490.110.56-0.210.210.820.110.220.020.380.670.060.29-0.410.80.16-0.190.150.150.56-0.520.170.02-0.30.24
0.020.0-0.01-0.030.120.24-0.010.10.15-0.010.010.17-0.08-0.160.12-0.01-0.090.150.00.13-0.2-0.010.050.030.28
-0.650.86-0.48-0.31-0.850.120.87-0.86-0.15-0.7-0.090.02-0.270.740.040.86-0.520.150.0-0.120.66-0.380.10.04-0.75
0.71-0.160.810.160.420.72-0.20.420.50.50.670.440.81-0.260.9-0.160.240.560.13-0.12-0.340.530.250.00.3
-0.80.63-0.64-0.15-0.81-0.480.62-0.840.13-0.83-0.440.26-0.360.97-0.470.6-0.2-0.52-0.20.66-0.34-0.4-0.030.22-0.8
0.66-0.530.50.810.490.19-0.520.5-0.050.660.19-0.130.77-0.340.41-0.60.030.17-0.01-0.380.53-0.40.450.320.16
0.130.01-0.130.73-0.070.150.02-0.04-0.250.060.12-0.230.490.010.26-0.1-0.370.020.050.10.25-0.030.450.85-0.15
-0.12-0.07-0.380.77-0.14-0.23-0.06-0.14-0.19-0.11-0.22-0.140.230.25-0.11-0.19-0.25-0.30.030.040.00.220.320.85-0.29
0.64-0.670.65-0.010.860.32-0.680.880.250.680.360.110.19-0.850.28-0.640.360.240.28-0.750.3-0.80.16-0.15-0.29
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Next Mediaworks Account Relationship Matchups

Next Mediaworks fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.0B1.0B919.7M788.6M1.3B
Short Long Term Debt Total1.1B1.4B1.6B1.6B2.1B2.2B
Other Current Liab52.4M31.4M44.2M25.8M48.8M46.4M
Total Current Liabilities418.9M155.3M130.8M108.7M115.2M109.4M
Total Stockholder Equity(72.0M)(346.2M)(515.1M)(657.5M)(878.8M)(834.9M)
Property Plant And Equipment Net250.1M226.7M198M197.1M173.8M189.1M
Net Debt1.1B1.3B1.5B1.5B2.1B2.2B
Retained Earnings(1.6B)(1.9B)(2.0B)(2.2B)(2.4B)(2.3B)
Cash15.3M16.6M33.4M34.4M76.2M80.0M
Non Current Assets Total1.1B840.3M745.7M674.1M490.4M465.9M
Non Currrent Assets Other(893.3M)54.4M5.7M42M59.6M30.7M
Cash And Short Term Investments39.2M17.1M83.4M34.4M99.3M104.3M
Net Receivables145.8M67.2M126M146.7M132.3M160.1M
Common Stock Shares Outstanding66.8M66.9M66.9M66.9M76.9M66.8M
Short Term Investments23.9M500K50M14.3M23.1M21.9M
Liabilities And Stockholders Equity1.3B1.0B1.0B919.7M788.6M1.3B
Non Current Liabilities Total912.6M1.4B1.7B1.9B2.1B2.2B
Inventory(5.2M)(5.4M)(5.7M)(50M)6.5M0.95
Other Current Assets30.7M95.9M178.5M64.5M66.6M67.8M
Total Liab1.3B1.5B1.8B2.0B2.2B1.2B
Total Current Assets281.3M180.1M261.9M245.6M298.2M273.0M
Accumulated Other Comprehensive Income(290.8M)(253.4M)0.0(1.5B)(1.4B)(1.3B)
Short Term Debt249.1M9.7M11.2M(6M)15.9M15.1M
Accounts Payable212.4M63.5M49.3M42.9M50.5M62.8M
Current Deferred Revenue77.0M43.1M48.1M(18M)21.6M20.5M
Intangible Assets730.4M559.2M497.1M435M258.5M245.6M
Other Liab44.5M43.6M134M296.2M340.6M357.7M
Net Tangible Assets(752.5M)(905.4M)(1.0B)(1.1B)(983.3M)(1.0B)
Other Assets3K54.4M50.6M3.7M3.3M3.2M
Long Term Debt686.4M1.2B1.4B1.4B2.0B2.1B
Property Plant Equipment259.5M226.7M198M197.1M226.7M140.5M
Long Term Debt Total868.0M1.3B1.6B1.6B1.8B964.4M
Net Invested Capital834.7M805.8M874.9M745.6M1.1B932.4M
Net Working Capital(137.6M)24.8M131.1M136.9M183M192.2M

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Other Information on Investing in Next Stock

Balance Sheet is a snapshot of the financial position of Next Mediaworks at a specified time, usually calculated after every quarter, six months, or one year. Next Mediaworks Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Next Mediaworks 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 Next currently owns. An asset can also be divided into two categories, current and non-current.