Color Other Stockholder Equity vs Common Stock Analysis

ADD Stock  USD 3.84  0.10  2.54%   
Color Star financial indicator trend analysis is way more than just evaluating Color Star Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Color Star Technology is a good investment. Please check the relationship between Color Star Other Stockholder Equity and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Color Star Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Other Stockholder Equity vs Common Stock

Other Stockholder Equity vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Color Star Technology Other Stockholder Equity account and Common Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between Color Star's Other Stockholder Equity and Common Stock is 0.79. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Common Stock in the same time period over historical financial statements of Color Star Technology, assuming nothing else is changed. The correlation between historical values of Color Star's Other Stockholder Equity and Common Stock 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 Stockholder Equity of Color Star Technology are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Other Stockholder Equity i.e., Color Star's Other Stockholder Equity and Common Stock go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Stockholder Equity

Common Stock

Most indicators from Color Star's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Color Star Technology 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 Color Star Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
At present, Color Star's Enterprise Value is projected to decrease significantly based on the last few years of reporting.

Color Star fundamental ratios Correlations

0.890.670.90.610.27-0.4-0.440.890.760.40.170.750.860.560.50.590.840.450.180.90.750.930.75-0.41-0.12
0.890.260.710.66-0.16-0.42-0.631.00.930.640.110.930.870.610.440.630.850.470.130.920.860.970.93-0.44-0.48
0.670.260.730.190.82-0.10.130.260.1-0.150.170.080.410.20.330.220.40.220.150.420.210.390.09-0.10.51
0.90.710.730.680.36-0.41-0.470.720.550.260.270.530.80.490.630.50.810.310.370.850.550.80.54-0.42-0.05
0.610.660.190.68-0.08-0.8-0.950.660.610.320.350.610.690.40.630.380.72-0.060.540.730.490.70.61-0.82-0.4
0.27-0.160.820.36-0.080.040.35-0.16-0.22-0.390.27-0.24-0.08-0.02-0.01-0.01-0.080.11-0.07-0.07-0.14-0.09-0.230.040.89
-0.4-0.42-0.1-0.41-0.80.040.78-0.42-0.43-0.12-0.36-0.43-0.4-0.26-0.32-0.23-0.460.1-0.25-0.43-0.24-0.45-0.431.00.28
-0.44-0.630.13-0.47-0.950.350.78-0.63-0.63-0.41-0.29-0.64-0.59-0.36-0.53-0.34-0.620.09-0.47-0.63-0.47-0.62-0.630.790.58
0.891.00.260.720.66-0.16-0.42-0.630.930.630.110.930.870.610.450.640.850.470.140.920.860.970.93-0.44-0.48
0.760.930.10.550.61-0.22-0.43-0.630.930.50.10.990.650.710.370.760.630.530.070.770.890.871.0-0.44-0.47
0.40.64-0.150.260.32-0.39-0.12-0.410.630.5-0.310.540.590.110.190.110.650.160.010.550.360.550.51-0.13-0.54
0.170.110.170.270.350.27-0.36-0.290.110.1-0.310.110.07-0.01-0.13-0.010.030.03-0.190.090.170.070.1-0.360.2
0.750.930.080.530.61-0.24-0.43-0.640.930.990.540.110.650.620.350.680.640.460.040.760.90.860.99-0.44-0.48
0.860.870.410.80.69-0.08-0.4-0.590.870.650.590.070.650.420.590.40.960.230.370.940.650.930.65-0.4-0.44
0.560.610.20.490.4-0.02-0.26-0.360.610.710.11-0.010.620.420.370.990.360.770.220.570.560.60.71-0.26-0.23
0.50.440.330.630.63-0.01-0.32-0.530.450.370.19-0.130.350.590.370.360.63-0.140.890.590.30.570.35-0.32-0.33
0.590.630.220.50.38-0.01-0.23-0.340.640.760.11-0.010.680.40.990.360.340.780.170.570.630.620.76-0.24-0.21
0.840.850.40.810.72-0.08-0.46-0.620.850.630.650.030.640.960.360.630.340.160.380.910.540.90.63-0.47-0.46
0.450.470.220.31-0.060.110.10.090.470.530.160.030.460.230.77-0.140.780.16-0.370.330.430.40.530.1-0.01
0.180.130.150.370.54-0.07-0.25-0.470.140.070.01-0.190.040.370.220.890.170.38-0.370.340.030.270.06-0.25-0.24
0.90.920.420.850.73-0.07-0.43-0.630.920.770.550.090.760.940.570.590.570.910.330.340.770.970.77-0.44-0.44
0.750.860.210.550.49-0.14-0.24-0.470.860.890.360.170.90.650.560.30.630.540.430.030.770.830.9-0.25-0.35
0.930.970.390.80.7-0.09-0.45-0.620.970.870.550.070.860.930.60.570.620.90.40.270.970.830.86-0.46-0.46
0.750.930.090.540.61-0.23-0.43-0.630.931.00.510.10.990.650.710.350.760.630.530.060.770.90.86-0.44-0.47
-0.41-0.44-0.1-0.42-0.820.041.00.79-0.44-0.44-0.13-0.36-0.44-0.4-0.26-0.32-0.24-0.470.1-0.25-0.44-0.25-0.46-0.440.29
-0.12-0.480.51-0.05-0.40.890.280.58-0.48-0.47-0.540.2-0.48-0.44-0.23-0.33-0.21-0.46-0.01-0.24-0.44-0.35-0.46-0.470.29
Click cells to compare fundamentals

Color Star Account Relationship Matchups

Color Star fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.1M81.1M53.5M30.0M27.6M26.2M
Total Current Liabilities528.8K4.1M5.0M5.3M9.1M8.6M
Total Stockholder Equity6.6M77.0M48.4M24.7M18.5M27.9M
Property Plant And Equipment Net4.0M9.2M30.2K17.0K112.5K106.8K
Retained Earnings(61.9M)(70.2M)(147.4M)(185.2M)(212.1M)(201.5M)
Non Current Assets Total4.0M73.4M25.6M14.0M17.1M15.7M
Common Stock Shares Outstanding291K1.7M3.9M9.2M38.1M40.0M
Liabilities And Stockholders Equity7.1M81.1M53.5M30.0M27.6M26.2M
Other Stockholder Equity68.5M147.7M195.7M213.1M228.5M239.9M
Total Liab528.8K4.1M5.0M5.3M9.1M8.6M
Short Long Term Debt Total26.1M30.0M352.17580.01.1M1.0M
Other Current Liab528.8K527.8K1.2M2.1M4.7M3.6M
Net Debt(988.7K)(174.2K)(872.0K)(238.9K)1.1M1.0M
Cash988.7K174.2K872.3K239.5K20.2K19.2K
Cash And Short Term Investments988.7K174.2K872.3K239.5K20.2K19.2K
Net Receivables1M3.2M9.3M5.5M1.6M1.5M
Inventory427.2K511.2K2.3K8.9K8.0K7.6K
Other Current Assets1.2M2.6M4.7M20.7K8.8M14.1M
Total Current Assets3.2M7.6M27.9M16.0M10.5M9.9M
Accumulated Other Comprehensive Income(1.2M)(682.4K)(33.0K)(3.9M)(9.8K)(9.3K)
Short Term Debt26.1M30.0M352.17580.01.1M1.0M
Common Stock25.6K110.4K192.8K647.6K2.1M2.2M
Net Tangible Assets520.8K6.6M64.7M22.9M26.3M23.0M
Net Invested Capital6.6M77.0M48.4M24.7M19.4M27.6M
Capital Stock25.6K110.4K192.8K647.6K2.1M2.2M
Net Working Capital2.6M3.5M22.8M10.7M1.4M1.3M

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When determining whether Color Star Technology is a strong investment it is important to analyze Color Star's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Color Star's future performance. For an informed investment choice regarding Color Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Color Star Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Color Star. If investors know Color will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Color Star listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(71.00)
Revenue Per Share
0.074
Quarterly Revenue Growth
3.047
Return On Assets
(0.59)
Return On Equity
(1.24)
The market value of Color Star Technology is measured differently than its book value, which is the value of Color that is recorded on the company's balance sheet. Investors also form their own opinion of Color Star's value that differs from its market value or its book value, called intrinsic value, which is Color Star's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Color Star's market value can be influenced by many factors that don't directly affect Color Star's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Color Star's value and its price as these two are different measures arrived at by different means. Investors typically determine if Color Star is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Color Star's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.