Ciwen Depreciation vs Dividends Paid Analysis
002343 Stock | 7.50 0.18 2.46% |
Ciwen Media financial indicator trend analysis is way more than just evaluating Ciwen Media prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ciwen Media is a good investment. Please check the relationship between Ciwen Media Depreciation and its Dividends Paid accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ciwen Media Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Depreciation vs Dividends Paid
Depreciation vs Dividends Paid Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ciwen Media Depreciation account and Dividends Paid. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Ciwen Media's Depreciation and Dividends Paid is -0.63. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of Ciwen Media Co, assuming nothing else is changed. The correlation between historical values of Ciwen Media's Depreciation and Dividends Paid 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 Ciwen Media Co are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Depreciation i.e., Ciwen Media's Depreciation and Dividends Paid go up and down completely randomly.
Correlation Coefficient | -0.63 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Depreciation
Depreciation indicates how much of Ciwen Media value has been used up. For tax purposes Ciwen Media can deduct the cost of the tangible assets it purchases as business expenses. However, Ciwen Media Co 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.Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.Most indicators from Ciwen Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ciwen Media 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Ciwen Media Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. The current year's Tax Provision is expected to grow to about 12.9 M, whereas Selling General Administrative is forecasted to decline to about 10.9 M.
Ciwen Media fundamental ratios Correlations
Click cells to compare fundamentals
Ciwen Media Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ciwen Media fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.6B | 2.5B | 1.8B | 1.6B | 1.3B | 2.3B | |
Other Current Liab | 132.3M | 638.5M | 494.2M | 360.7M | 28.2M | 26.8M | |
Total Current Liabilities | 933.2M | 1.2B | 795.2M | 648.7M | 266.3M | 253.0M | |
Total Stockholder Equity | 1.6B | 1.1B | 892.7M | 939.3M | 966.9M | 1.2B | |
Other Liab | 2.0M | 1.8M | 11.6M | 3.5M | 3.2M | 3.0M | |
Retained Earnings | 188.1M | (333.6M) | (567.6M) | (518.4M) | (529.6M) | (503.1M) | |
Accounts Payable | 349.5M | 228.5M | 99.3M | 177.9M | 107.4M | 102.0M | |
Cash | 322.7M | 383.0M | 240.8M | 369.7M | 177.0M | 168.2M | |
Other Assets | 62.2M | 35.5M | 99.0M | 97.9M | 112.5M | 118.2M | |
Long Term Debt | 402M | 136.7M | 17.0M | 16.6M | 19.1M | 18.1M | |
Net Receivables | 1.1B | 532.2M | 234.7M | 171.5M | 200.6M | 190.6M | |
Inventory | 877.6M | 1.2B | 1.0B | 797.5M | 497.9M | 606.4M | |
Other Current Assets | 95.3M | 72.3M | 4.1M | 7.7M | 36.9M | 49.4M | |
Total Liab | 935.2M | 1.3B | 840.3M | 652.2M | 269.9M | 256.4M | |
Intangible Assets | 9.8M | 5.6M | 92.2K | 34.0K | 30.6K | 29.1K | |
Property Plant Equipment | 30.3M | 27.9M | 26.3M | 23.9M | 21.5M | 20.4M | |
Net Tangible Assets | 1.5B | 1.1B | 892.7M | 939.3M | 1.1B | 1.1B | |
Other Stockholder Equity | (1.0M) | (424.3K) | 6.8M | 4.1M | 4.7M | 5.0M | |
Deferred Long Term Liab | 4.2M | 2.2M | 279.1K | 102.7K | 92.5K | 87.8K | |
Total Current Assets | 2.4B | 2.4B | 1.6B | 1.5B | 937.1M | 1.8B | |
Non Current Assets Total | 233.3M | 87.8M | 154.2M | 144.5M | 330.6M | 344.7M | |
Non Current Liabilities Total | 2.0M | 74.4M | 45.1M | 3.5M | 3.6M | 3.4M | |
Short Long Term Debt | 346.4M | 349.1M | 169.2M | 60M | 35.6M | 33.8M | |
Net Invested Capital | 2.0B | 1.5B | 1.1B | 999.3M | 1.0B | 1.4B | |
Net Working Capital | 1.5B | 1.1B | 809.4M | 829.4M | 670.8M | 951.9M |
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Balance Sheet is a snapshot of the financial position of Ciwen Media at a specified time, usually calculated after every quarter, six months, or one year. Ciwen Media Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ciwen 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 Ciwen currently owns. An asset can also be divided into two categories, current and non-current.