Overactive Total Current Liabilities vs Other Current Liab Analysis

OAM Stock   0.29  0.01  3.33%   
Overactive Media financial indicator trend analysis is much more than just breaking down Overactive Media Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Overactive Media Corp is a good investment. Please check the relationship between Overactive Media Total Current Liabilities and its Other Current Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Overactive Media Corp. 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.

Total Current Liabilities vs Other Current Liab

Total Current Liabilities vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Overactive Media Corp Total Current Liabilities account and Other Current Liab. At this time, the significance of the direction appears to have pay attention.
The correlation between Overactive Media's Total Current Liabilities and Other Current Liab is -0.72. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Overactive Media Corp, assuming nothing else is changed. The correlation between historical values of Overactive Media's Total Current Liabilities and Other Current Liab 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 Current Liabilities of Overactive Media Corp are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Total Current Liabilities i.e., Overactive Media's Total Current Liabilities and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.72
Relationship DirectionNegative 
Relationship StrengthWeak

Total Current Liabilities

Total Current Liabilities is an item on Overactive Media balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Overactive Media Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Other Current Liab

Most indicators from Overactive Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Overactive Media Corp 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Overactive Media Corp. 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.
Sales General And Administrative To Revenue is likely to climb to 1.96 in 2024, despite the fact that Tax Provision is likely to grow to (494 K).
 2021 2022 2023 2024 (projected)
Reconciled Depreciation2.0M2.3M2.2M2.2M
Total Operating Expenses28.7M64.4M24.5M38.9M

Overactive Media fundamental ratios Correlations

-0.720.990.55-0.370.540.3-0.87-0.510.30.440.830.030.19-0.20.69-0.220.51-0.360.190.21-0.31-0.39-0.210.17-0.51
-0.72-0.73-0.860.85-0.84-0.720.960.8-0.2-0.82-0.970.590.440.69-0.660.78-0.840.79-0.53-0.560.780.80.750.460.84
0.99-0.730.5-0.370.50.24-0.88-0.440.160.40.83-0.030.11-0.230.59-0.230.47-0.360.220.24-0.31-0.38-0.230.09-0.47
0.55-0.860.5-0.910.910.91-0.82-0.990.630.960.84-0.55-0.34-0.720.88-0.820.99-0.870.520.59-0.85-0.9-0.79-0.36-1.0
-0.370.85-0.37-0.91-0.78-0.80.740.88-0.32-0.92-0.770.850.70.93-0.630.98-0.940.98-0.74-0.80.980.990.970.720.93
0.54-0.840.50.91-0.780.95-0.77-0.90.560.790.79-0.4-0.21-0.50.79-0.670.88-0.690.510.28-0.66-0.73-0.64-0.24-0.89
0.3-0.720.240.91-0.80.95-0.61-0.920.620.820.64-0.47-0.29-0.550.74-0.730.88-0.710.490.32-0.7-0.75-0.68-0.32-0.9
-0.870.96-0.88-0.820.74-0.77-0.610.77-0.28-0.77-0.990.40.230.57-0.740.63-0.790.69-0.41-0.490.680.720.610.250.79
-0.510.8-0.44-0.990.88-0.9-0.920.77-0.7-0.95-0.790.50.290.69-0.90.79-0.980.84-0.49-0.560.830.880.760.320.99
0.3-0.20.160.63-0.320.560.62-0.28-0.70.520.280.140.35-0.110.85-0.20.6-0.330.060.08-0.29-0.38-0.160.32-0.62
0.44-0.820.40.96-0.920.790.82-0.77-0.950.520.81-0.65-0.47-0.810.79-0.890.96-0.90.450.72-0.91-0.92-0.84-0.5-0.96
0.83-0.970.830.84-0.770.790.64-0.99-0.790.280.81-0.45-0.28-0.610.74-0.680.82-0.720.390.53-0.72-0.75-0.65-0.3-0.82
0.030.59-0.03-0.550.85-0.4-0.470.40.50.14-0.65-0.450.970.94-0.130.92-0.620.85-0.75-0.840.880.820.940.980.6
0.190.440.11-0.340.7-0.21-0.290.230.290.35-0.47-0.280.970.850.10.81-0.420.71-0.68-0.760.740.670.841.00.39
-0.20.69-0.23-0.720.93-0.5-0.550.570.69-0.11-0.81-0.610.940.85-0.410.97-0.790.96-0.75-0.950.970.940.980.860.77
0.69-0.660.590.88-0.630.790.74-0.74-0.90.850.790.74-0.130.1-0.41-0.490.85-0.620.260.36-0.58-0.67-0.450.08-0.86
-0.220.78-0.23-0.820.98-0.67-0.730.630.79-0.2-0.89-0.680.920.810.97-0.49-0.870.97-0.72-0.850.990.960.990.830.85
0.51-0.840.470.99-0.940.880.88-0.79-0.980.60.960.82-0.62-0.42-0.790.85-0.87-0.920.60.67-0.91-0.95-0.85-0.45-1.0
-0.360.79-0.36-0.870.98-0.69-0.710.690.84-0.33-0.9-0.720.850.710.96-0.620.97-0.92-0.77-0.880.991.00.970.720.9
0.19-0.530.220.52-0.740.510.49-0.41-0.490.060.450.39-0.75-0.68-0.750.26-0.720.6-0.770.61-0.71-0.75-0.79-0.69-0.58
0.21-0.560.240.59-0.80.280.32-0.49-0.560.080.720.53-0.84-0.76-0.950.36-0.850.67-0.880.61-0.89-0.85-0.86-0.77-0.64
-0.310.78-0.31-0.850.98-0.66-0.70.680.83-0.29-0.91-0.720.880.740.97-0.580.99-0.910.99-0.71-0.890.990.980.760.89
-0.390.8-0.38-0.90.99-0.73-0.750.720.88-0.38-0.92-0.750.820.670.94-0.670.96-0.951.0-0.75-0.850.990.960.690.93
-0.210.75-0.23-0.790.97-0.64-0.680.610.76-0.16-0.84-0.650.940.840.98-0.450.99-0.850.97-0.79-0.860.980.960.850.83
0.170.460.09-0.360.72-0.24-0.320.250.320.32-0.5-0.30.981.00.860.080.83-0.450.72-0.69-0.770.760.690.850.42
-0.510.84-0.47-1.00.93-0.89-0.90.790.99-0.62-0.96-0.820.60.390.77-0.860.85-1.00.9-0.58-0.640.890.930.830.42
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Overactive Media Account Relationship Matchups

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Additional Tools for Overactive Stock Analysis

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