RADIOCITY | | | 12.50 0.26 2.12% |
Music Broadcast financial indicator trend analysis is infinitely more than just investigating Music Broadcast recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Music Broadcast is a good investment. Please check the relationship between Music Broadcast Total Revenue and its Long Term Debt accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Music Broadcast 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 persons.
Total Revenue vs Long Term Debt
Total Revenue vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Music Broadcast Total Revenue account and
Long Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Music Broadcast's Total Revenue and Long Term Debt is -0.19. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Music Broadcast Limited, assuming nothing else is changed. The correlation between historical values of Music Broadcast's Total Revenue and Long Term Debt 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 Music Broadcast Limited are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Total Revenue i.e., Music Broadcast's Total Revenue and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.19 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Revenue
Total revenue comprises all receipts Music Broadcast 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.
Long Term Debt
Long-term debt is a debt that Music Broadcast has held for over one year. Long-term debt appears on Music Broadcast Limited balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Music Broadcast Limited balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Music Broadcast's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Music Broadcast 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 Music Broadcast 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 persons.
The Music Broadcast's current
Tax Provision is estimated to increase to about 87.6
M, while
Selling General Administrative is projected to decrease to under 46.5
M.
Music Broadcast fundamental ratios Correlations
Click cells to compare fundamentals
Music Broadcast Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Music Broadcast fundamental ratios Accounts
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Other Information on Investing in Music Stock
Balance Sheet is a snapshot of the
financial position of Music Broadcast at a specified time, usually calculated after every quarter, six months, or one year. Music Broadcast Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Music Broadcast 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 Music currently owns. An asset can also be divided into two categories, current and non-current.