Baosheng Total Assets vs Retained Earnings Analysis

BAOS Stock  USD 1.92  0.06  3.23%   
Baosheng Media financial indicator trend analysis is way more than just evaluating Baosheng Media Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Baosheng Media Group is a good investment. Please check the relationship between Baosheng Media Total Assets and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Baosheng Media Group. 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 Assets vs Retained Earnings

Total Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Baosheng Media Group Total Assets account and Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Baosheng Media's Total Assets and Retained Earnings is 0.95. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Baosheng Media Group, assuming nothing else is changed. The correlation between historical values of Baosheng Media's Total Assets and Retained Earnings 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 Assets of Baosheng Media Group are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Assets i.e., Baosheng Media's Total Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of Baosheng Media assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Baosheng Media Group books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Baosheng Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Baosheng Media Group 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 Baosheng Media Group. 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.
At this time, Baosheng Media's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 2.10 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense57.1K329.1K378.5K397.4K
Depreciation And Amortization1.0M900.2K392.6K373.0K

Baosheng Media fundamental ratios Correlations

0.580.610.010.54-0.41-0.250.39-0.250.950.680.0-0.510.41-0.37-0.270.82-0.69-0.67-0.240.950.36-0.520.6-0.01-0.35
0.580.69-0.430.7-0.66-0.720.80.40.380.58-0.76-0.670.65-0.54-0.880.82-0.69-0.47-0.130.57-0.07-0.60.69-0.48-0.74
0.610.69-0.780.84-0.9-0.880.930.290.560.98-0.54-0.950.13-0.88-0.70.92-0.8-0.660.040.7-0.45-0.941.0-0.79-0.92
0.01-0.43-0.78-0.60.860.93-0.87-0.610.05-0.70.690.830.120.830.7-0.530.460.28-0.2-0.130.850.82-0.81.00.91
0.540.70.84-0.6-0.64-0.70.820.080.470.81-0.56-0.690.12-0.79-0.640.75-0.89-0.460.380.72-0.4-0.640.85-0.63-0.72
-0.41-0.66-0.90.86-0.640.93-0.92-0.53-0.28-0.840.60.97-0.140.870.75-0.830.680.44-0.01-0.450.580.97-0.910.870.97
-0.25-0.72-0.880.93-0.70.93-0.98-0.65-0.13-0.770.810.92-0.190.840.88-0.750.60.42-0.03-0.320.660.89-0.880.950.99
0.390.80.93-0.870.82-0.92-0.980.540.280.84-0.8-0.920.24-0.87-0.890.83-0.72-0.480.070.49-0.58-0.880.94-0.9-0.98
-0.250.40.29-0.610.08-0.53-0.650.54-0.370.13-0.79-0.40.47-0.45-0.760.230.090.19-0.36-0.25-0.56-0.380.31-0.63-0.59
0.950.380.560.050.47-0.28-0.130.28-0.370.670.16-0.430.27-0.3-0.10.72-0.56-0.73-0.270.930.4-0.450.540.05-0.23
0.680.580.98-0.70.81-0.84-0.770.840.130.67-0.36-0.910.04-0.84-0.550.9-0.79-0.710.050.77-0.37-0.920.97-0.7-0.83
0.0-0.76-0.540.69-0.560.60.81-0.8-0.790.16-0.360.55-0.490.580.95-0.470.340.090.05-0.080.520.47-0.550.730.75
-0.51-0.67-0.950.83-0.690.970.92-0.92-0.4-0.43-0.910.55-0.110.830.71-0.880.720.630.02-0.540.480.99-0.950.840.96
0.410.650.130.120.12-0.14-0.190.240.470.270.04-0.49-0.11-0.1-0.590.41-0.06-0.05-0.660.310.33-0.070.140.08-0.19
-0.37-0.54-0.880.83-0.790.870.84-0.87-0.45-0.3-0.840.580.83-0.10.69-0.730.720.23-0.19-0.540.720.83-0.90.830.86
-0.27-0.88-0.70.7-0.640.750.88-0.89-0.76-0.1-0.550.950.71-0.590.69-0.70.490.260.17-0.320.430.65-0.720.740.85
0.820.820.92-0.530.75-0.83-0.750.830.230.720.9-0.47-0.880.41-0.73-0.7-0.8-0.7-0.180.83-0.12-0.870.91-0.55-0.82
-0.69-0.69-0.80.46-0.890.680.6-0.720.09-0.56-0.790.340.72-0.060.720.49-0.80.48-0.41-0.790.240.69-0.790.490.67
-0.67-0.47-0.660.28-0.460.440.42-0.480.19-0.73-0.710.090.63-0.050.230.26-0.70.480.22-0.62-0.220.61-0.630.280.48
-0.24-0.130.04-0.20.38-0.01-0.030.07-0.36-0.270.050.050.02-0.66-0.190.17-0.18-0.410.22-0.05-0.450.040.05-0.2-0.02
0.950.570.7-0.130.72-0.45-0.320.49-0.250.930.77-0.08-0.540.31-0.54-0.320.83-0.79-0.62-0.050.17-0.540.69-0.14-0.42
0.36-0.07-0.450.85-0.40.580.66-0.58-0.560.4-0.370.520.480.330.720.43-0.120.24-0.22-0.450.170.48-0.470.840.61
-0.52-0.6-0.940.82-0.640.970.89-0.88-0.38-0.45-0.920.470.99-0.070.830.65-0.870.690.610.04-0.540.48-0.940.820.93
0.60.691.0-0.80.85-0.91-0.880.940.310.540.97-0.55-0.950.14-0.9-0.720.91-0.79-0.630.050.69-0.47-0.94-0.8-0.92
-0.01-0.48-0.791.0-0.630.870.95-0.9-0.630.05-0.70.730.840.080.830.74-0.550.490.28-0.2-0.140.840.82-0.80.92
-0.35-0.74-0.920.91-0.720.970.99-0.98-0.59-0.23-0.830.750.96-0.190.860.85-0.820.670.48-0.02-0.420.610.93-0.920.92
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Baosheng Media Account Relationship Matchups

Baosheng Media fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets84.8M93.3M94.1M58.0M48.8M60.9M
Other Current Liab1.7M4.7M6.0M2.0M1.7M2.9M
Total Current Liabilities49.4M51.7M19.5M12.6M6.5M6.1M
Total Stockholder Equity32.2M41.7M74.1M45.4M42.4M46.8M
Property Plant And Equipment Net1.5M1.3M2.6M2.4M2.1M1.8M
Current Deferred Revenue7.2M9.2M2.5M1.3M931.3K884.7K
Net Debt(3.4M)(4.7M)(3.7M)(5.2M)(1.1M)(1.1M)
Retained Earnings29.0M35.7M29.0M5.3M3.4M3.2M
Accounts Payable35.8M35.4M12.2M8.9M2.3M2.2M
Cash8.1M6.6M4.8M6.7M3.3M5.6M
Non Current Assets Total2.4M1.3M7.9M7.9M9.3M5.4M
Non Currrent Assets Other(2.3M)(1.3M)4.5M(5.2M)1.01.05
Cash And Short Term Investments8.1M6.6M4.8M9.8M5.9M6.7M
Net Receivables57.1M65.2M56.4M32.1M28.7M40.3M
Common Stock Shares Outstanding1.4M1.1M1.5M1.5M1.5M1.5M
Liabilities And Stockholders Equity84.8M93.3M94.1M58.0M48.8M60.9M
Inventory17.1M17.0M18.5M5.5M6.7K6.3K
Other Current Assets59.9K20.3M25.1M2.8M4.9M9.8M
Total Liab52.6M51.7M20.0M12.6M6.5M6.1M
Net Invested Capital36.5M43.2M74.1M46.9M44.6M48.5M
Property Plant And Equipment Gross1.5M1.3M2.9M2.8M2.9M2.1M
Total Current Assets82.4M92.1M86.2M50.1M39.5M56.9M
Accumulated Other Comprehensive Income(656.9K)2.1M3.5M(1.4M)(2.6M)(2.5M)
Net Working Capital33.0M40.4M66.7M37.5M33.1M42.7M
Short Term Debt4.7M1.9M1.0M1.4M2.3M1.6M
Intangible Assets778.4K5.5K3.7M3.3M401.5K381.5K

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