AcadeMedia Other Current Assets vs Cash Analysis

0RHN Stock

60.00 0.16 0.27%

AcadeMedia financial indicator trend analysis is way more than just evaluating AcadeMedia AB prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AcadeMedia AB is a good investment. Please check the relationship between AcadeMedia Other Current Assets and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AcadeMedia AB. 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.

Other Current Assets vs Cash

Other Current Assets vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AcadeMedia AB Other Current Assets account and Cash. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between AcadeMedia's Other Current Assets and Cash is -0.27. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Cash in the same time period over historical financial statements of AcadeMedia AB, assuming nothing else is changed. The correlation between historical values of AcadeMedia's Other Current Assets and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of AcadeMedia AB are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Current Assets i.e., AcadeMedia's Other Current Assets and Cash go up and down completely randomly.

Correlation Coefficient

-0.27

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Cash

Cash refers to the most liquid asset of AcadeMedia AB, which is listed under current asset account on AcadeMedia AB balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from AcadeMedia customers. The amounts must be unrestricted with restricted cash listed in a different AcadeMedia account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from AcadeMedia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AcadeMedia AB 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 AcadeMedia AB. 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.

Tax Provision is likely to drop to about 149.2 M in 2024. Selling General Administrative is likely to drop to about 8.9 B in 2024

	2019	2020	2023	2024 (projected)
Interest Income	409M	395M	454.3M	477.0M
Tax Provision	125M	173M	199.0M	149.2M

Interest Income Tax Provision

AcadeMedia fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Cash	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Capital Surpluse	Other Current Assets	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Other Current Liab	Other Liab	Net Tangible Assets	Accounts Payable	Other Stockholder Equity	Inventory
Total Assets		0.99	0.95	0.96	0.97	0.84	0.69	-0.9	0.84	0.76	0.88	0.85	-0.5	1.0	0.8	0.61	0.56	0.99	0.56	0.31	0.91	-0.86	-0.79	-0.32
Short Long Term Debt Total	0.99		0.91	0.9	0.93	0.81	0.59	-0.87	0.81	0.7	0.81	0.77	-0.54	1.0	0.73	0.51	0.52	0.99	0.52	0.24	0.88	-0.86	-0.82	-0.26
Total Current Liabilities	0.95	0.91		0.96	0.98	0.88	0.76	-0.9	0.88	0.79	0.91	0.88	-0.41	0.93	0.91	0.65	0.61	0.95	0.61	0.3	0.93	-0.77	-0.62	-0.4
Total Stockholder Equity	0.96	0.9	0.96		0.98	0.84	0.83	-0.89	0.84	0.85	0.97	0.95	-0.42	0.93	0.9	0.77	0.63	0.94	0.62	0.43	0.91	-0.81	-0.67	-0.41
Retained Earnings	0.97	0.93	0.98	0.98		0.89	0.79	-0.89	0.89	0.84	0.93	0.89	-0.48	0.95	0.91	0.66	0.64	0.97	0.63	0.37	0.94	-0.77	-0.63	-0.37
Cash	0.84	0.81	0.88	0.84	0.89		0.62	-0.77	1.0	0.64	0.78	0.72	-0.27	0.83	0.92	0.4	0.59	0.84	0.61	0.0	0.82	-0.51	-0.41	-0.29
Other Assets	0.69	0.59	0.76	0.83	0.79	0.62		-0.81	0.62	0.9	0.9	0.91	-0.28	0.64	0.84	0.86	0.86	0.69	0.84	0.43	0.84	-0.65	-0.34	-0.7
Long Term Debt	-0.9	-0.87	-0.9	-0.89	-0.89	-0.77	-0.81		-0.77	-0.72	-0.88	-0.86	0.54	-0.89	-0.81	-0.67	-0.78	-0.91	-0.79	-0.18	-0.96	0.89	0.68	0.69
Cash And Short Term Investments	0.84	0.81	0.88	0.84	0.89	1.0	0.62	-0.77		0.64	0.78	0.72	-0.27	0.83	0.92	0.4	0.59	0.84	0.61	0.0	0.82	-0.51	-0.41	-0.29
Net Receivables	0.76	0.7	0.79	0.85	0.84	0.64	0.9	-0.72	0.64		0.88	0.88	-0.27	0.73	0.81	0.8	0.75	0.77	0.72	0.48	0.79	-0.63	-0.39	-0.42
Good Will	0.88	0.81	0.91	0.97	0.93	0.78	0.9	-0.88	0.78	0.88		0.99	-0.3	0.85	0.91	0.87	0.69	0.86	0.68	0.41	0.87	-0.77	-0.58	-0.54
Capital Surpluse	0.85	0.77	0.88	0.95	0.89	0.72	0.91	-0.86	0.72	0.88	0.99		-0.26	0.81	0.87	0.92	0.68	0.82	0.67	0.44	0.84	-0.78	-0.58	-0.57
Other Current Assets	-0.5	-0.54	-0.41	-0.42	-0.48	-0.27	-0.28	0.54	-0.27	-0.27	-0.3	-0.26		-0.51	-0.25	-0.1	-0.33	-0.54	-0.32	-0.43	-0.56	0.55	0.48	0.24
Total Liab	1.0	1.0	0.93	0.93	0.95	0.83	0.64	-0.89	0.83	0.73	0.85	0.81	-0.51		0.77	0.56	0.54	0.99	0.54	0.27	0.89	-0.87	-0.81	-0.29
Total Current Assets	0.8	0.73	0.91	0.9	0.91	0.92	0.84	-0.81	0.92	0.81	0.91	0.87	-0.25	0.77		0.66	0.72	0.8	0.72	0.23	0.87	-0.54	-0.31	-0.48
Intangible Assets	0.61	0.51	0.65	0.77	0.66	0.4	0.86	-0.67	0.4	0.8	0.87	0.92	-0.1	0.56	0.66		0.57	0.56	0.54	0.56	0.62	-0.67	-0.45	-0.59
Common Stock	0.56	0.52	0.61	0.63	0.64	0.59	0.86	-0.78	0.59	0.75	0.69	0.68	-0.33	0.54	0.72	0.57		0.63	1.0	0.03	0.79	-0.56	-0.21	-0.79
Property Plant Equipment	0.99	0.99	0.95	0.94	0.97	0.84	0.69	-0.91	0.84	0.77	0.86	0.82	-0.54	0.99	0.8	0.56	0.63		0.62	0.25	0.93	-0.86	-0.76	-0.35
Other Current Liab	0.56	0.52	0.61	0.62	0.63	0.61	0.84	-0.79	0.61	0.72	0.68	0.67	-0.32	0.54	0.72	0.54	1.0	0.62		-0.02	0.79	-0.54	-0.2	-0.8
Other Liab	0.31	0.24	0.3	0.43	0.37	0.0	0.43	-0.18	0.0	0.48	0.41	0.44	-0.43	0.27	0.23	0.56	0.03	0.25	-0.02		0.28	-0.32	-0.29	0.04
Net Tangible Assets	0.91	0.88	0.93	0.91	0.94	0.82	0.84	-0.96	0.82	0.79	0.87	0.84	-0.56	0.89	0.87	0.62	0.79	0.93	0.79	0.28		-0.81	-0.6	-0.56
Accounts Payable	-0.86	-0.86	-0.77	-0.81	-0.77	-0.51	-0.65	0.89	-0.51	-0.63	-0.77	-0.78	0.55	-0.87	-0.54	-0.67	-0.56	-0.86	-0.54	-0.32	-0.81		0.9	0.52
Other Stockholder Equity	-0.79	-0.82	-0.62	-0.67	-0.63	-0.41	-0.34	0.68	-0.41	-0.39	-0.58	-0.58	0.48	-0.81	-0.31	-0.45	-0.21	-0.76	-0.2	-0.29	-0.6	0.9		0.15
Inventory	-0.32	-0.26	-0.4	-0.41	-0.37	-0.29	-0.7	0.69	-0.29	-0.42	-0.54	-0.57	0.24	-0.29	-0.48	-0.59	-0.79	-0.35	-0.8	0.04	-0.56	0.52	0.15

Click cells to compare fundamentals

AcadeMedia Account Relationship Matchups

AcadeMedia fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	9.4B	9.7B	16.5B	17.4B	20.0B	13.4B
Short Long Term Debt Total	2.2B	2.2B	8.2B	8.3B	9.6B	5.1B
Total Current Liabilities	3.2B	3.6B	4.7B	4.0B	4.6B	3.6B
Total Stockholder Equity	4.3B	4.6B	4.8B	5.3B	6.1B	4.9B
Retained Earnings	1.9B	2.1B	2.6B	3.0B	3.5B	2.3B
Cash	699M	527M	528M	966M	1.1B	725.8M
Other Assets	33M	35M	43M	92M	105.8M	111.1M
Long Term Debt	2.2B	2.1B	1.9B	1.8B	1.6B	1.6B
Cash And Short Term Investments	699M	527M	528M	966M	1.1B	725.8M
Net Receivables	596M	339M	537M	840M	966M	590.7M
Good Will	5.9B	6.0B	6.0B	6.2B	7.1B	6.4B
Capital Surpluse	2.6B	2.6B	2.6B	2.6B	3.0B	2.8B
Total Liab	5.1B	5.1B	11.7B	12.1B	13.9B	8.5B
Total Current Assets	1.2B	1.6B	1.8B	1.8B	2.1B	1.7B
Intangible Assets	242M	248M	239M	221M	254.2M	253.2M
Property Plant Equipment	9.1B	9.3B	10.3B	11.3B	13.0B	7.0B
Other Current Liab	447M	681M	573M	2.5B	2.9B	3.0B
Other Liab	206M	161M	185M	180M	162M	156.4M
Net Tangible Assets	(1.4B)	(1.1B)	(840M)	(561M)	(645.2M)	(677.4M)
Accounts Payable	492M	293M	383M	411M	369.9M	335.7M
Other Stockholder Equity	22M	(50M)	(36M)	(1M)	(900K)	(945K)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C

Additional Tools for AcadeMedia Stock Analysis

When running AcadeMedia's price analysis, check to measure AcadeMedia's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AcadeMedia is operating at the current time. Most of AcadeMedia's value examination focuses on studying past and present price action to predict the probability of AcadeMedia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AcadeMedia's price. Additionally, you may evaluate how the addition of AcadeMedia to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

AcadeMedia Other Current Assets vs Cash Analysis

Other Current Assets vs Cash

Other Current Assets vs Cash Correlation Analysis

Correlation Coefficient

Other Current Assets

Cash

AcadeMedia fundamental ratios Correlations

AcadeMedia Account Relationship Matchups

High Positive Relationship

High Negative Relationship

AcadeMedia fundamental ratios Accounts

Also Currently Popular

Additional Tools for AcadeMedia Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Total Liab	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Other Current Liab	+ 1.0	Common Stock
Short Long Term Debt Total	+ 0.99	Total Assets
Property Plant Equipment	+ 0.99	Total Assets

Net Tangible Assets	- 0.96	Long Term Debt
Property Plant Equipment	- 0.91	Long Term Debt
Long Term Debt	- 0.9	Total Current Liabilities
Long Term Debt	- 0.9	Total Assets
Total Liab	- 0.89	Long Term Debt
Long Term Debt	- 0.89	Retained Earnings