Phoenix Cash vs Non Current Assets Total Analysis

FENG Stock  USD 2.48  0.15  5.70%   
Phoenix New financial indicator trend analysis is much more than just breaking down Phoenix New Media prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Phoenix New Media is a good investment. Please check the relationship between Phoenix New Cash and its Non Current Assets Total accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Phoenix New Media. 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.

Cash vs Non Current Assets Total

Cash vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Phoenix New Media Cash account and Non Current Assets Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Phoenix New's Cash and Non Current Assets Total is -0.3. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Phoenix New Media, assuming nothing else is changed. The correlation between historical values of Phoenix New's Cash and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Phoenix New Media are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Cash i.e., Phoenix New's Cash and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.3
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cash

Cash refers to the most liquid asset of Phoenix New Media, which is listed under current asset account on Phoenix New Media balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Phoenix New customers. The amounts must be unrestricted with restricted cash listed in a different Phoenix New 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.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Phoenix New's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Phoenix New 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Phoenix New Media. 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.
The Phoenix New's current Selling General Administrative is estimated to increase to about 157.5 M, while Tax Provision is projected to decrease to roughly 1.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit432.9M237.2M227.9M216.5M
Total Revenue1.0B785.7M692.0M1.2B

Phoenix New fundamental ratios Correlations

0.330.020.290.390.040.580.570.20.160.260.10.680.110.520.13-0.43-0.050.020.210.590.510.530.070.670.47
0.330.850.920.980.830.78-0.130.440.880.940.790.470.660.680.720.340.620.9-0.060.530.780.10.760.420.51
0.020.850.870.770.870.46-0.420.560.930.910.770.210.840.710.720.510.480.840.010.420.56-0.020.880.150.6
0.290.920.870.860.710.76-0.270.610.840.990.640.420.750.650.770.450.60.77-0.080.60.850.030.690.350.5
0.390.980.770.860.780.8-0.030.340.840.870.740.520.560.640.660.270.610.88-0.060.510.770.160.690.490.47
0.040.830.870.710.780.35-0.270.410.860.780.970.130.680.680.630.330.420.910.050.320.36-0.010.950.10.57
0.580.780.460.760.80.350.180.20.550.720.360.610.350.50.40.080.620.51-0.190.60.930.10.30.560.28
0.57-0.13-0.42-0.27-0.03-0.270.18-0.49-0.22-0.28-0.230.32-0.410.14-0.35-0.94-0.09-0.3-0.070.330.070.3-0.290.350.14
0.20.440.560.610.340.410.2-0.490.420.620.410.340.770.380.770.53-0.080.320.540.340.370.390.530.240.55
0.160.880.930.840.840.860.55-0.220.420.880.790.40.720.750.570.330.40.8-0.050.60.580.140.840.380.59
0.260.940.910.990.870.780.72-0.280.620.880.720.40.80.70.780.450.570.81-0.050.590.80.040.770.330.56
0.10.790.770.640.740.970.36-0.230.410.790.720.190.650.670.570.30.340.870.080.30.310.040.950.150.58
0.680.470.210.420.520.130.610.320.340.40.40.190.350.440.31-0.11-0.140.140.150.750.520.790.180.970.51
0.110.660.840.750.560.680.35-0.410.770.720.80.650.350.70.750.50.220.610.270.420.470.230.80.220.8
0.520.680.710.650.640.680.50.140.380.750.70.670.440.70.39-0.060.20.540.020.680.540.20.780.420.84
0.130.720.720.770.660.630.4-0.350.770.570.780.570.310.750.390.510.370.690.270.290.550.210.640.180.52
-0.430.340.510.450.270.330.08-0.940.530.330.450.3-0.110.5-0.060.510.280.46-0.02-0.220.16-0.240.33-0.16-0.08
-0.050.620.480.60.610.420.62-0.09-0.080.40.570.34-0.140.220.20.370.280.67-0.42-0.010.65-0.560.28-0.21-0.02
0.020.90.840.770.880.910.51-0.30.320.80.810.870.140.610.540.690.460.67-0.10.180.51-0.130.820.090.41
0.21-0.060.01-0.08-0.060.05-0.19-0.070.54-0.05-0.050.080.150.270.020.27-0.02-0.42-0.1-0.09-0.140.620.130.060.4
0.590.530.420.60.510.320.60.330.340.60.590.30.750.420.680.29-0.22-0.010.18-0.090.620.470.360.760.56
0.510.780.560.850.770.360.930.070.370.580.80.310.520.470.540.550.160.650.51-0.140.620.050.330.450.35
0.530.1-0.020.030.16-0.010.10.30.390.140.040.040.790.230.20.21-0.24-0.56-0.130.620.470.050.070.760.51
0.070.760.880.690.690.950.3-0.290.530.840.770.950.180.80.780.640.330.280.820.130.360.330.070.140.71
0.670.420.150.350.490.10.560.350.240.380.330.150.970.220.420.18-0.16-0.210.090.060.760.450.760.140.41
0.470.510.60.50.470.570.280.140.550.590.560.580.510.80.840.52-0.08-0.020.410.40.560.350.510.710.41
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Phoenix New Account Relationship Matchups

Phoenix New fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding12.3M12.1M12.1M12.1M12.1M13.3M
Total Assets5.3B2.8B2.4B2.0B1.8B2.7B
Other Current Liab1.1B402.2M311.3M280.2M214.5M294.3M
Total Current Liabilities1.5B1.1B967.0M664.3M527.0M761.4M
Total Stockholder Equity3.3B1.6B1.4B1.3B1.2B1.8B
Other Liab225.4M29.5M29.6M20.3M23.4M41.5M
Accounts Payable259.9M221.2M217.2M177.0M122.1M212.5M
Cash341.0M357.8M189.0M96.0M527.4M362.1M
Other Assets93.5M96.6M95.4M108.7M125.0M131.3M
Other Current Assets161.7M73.9M65.0M41.3M41.2M61.9M
Total Liab1.8B1.1B1.0B765.6M595.1M821.9M
Intangible Assets99.3M12.4M22.5M29.1M20.1M25.6M
Property Plant Equipment187.4M112.1M70.4M116.6M134.1M67.4M
Property Plant And Equipment Net187.4M112.1M70.4M116.6M75.2M96.4M
Current Deferred Revenue55.9M38.8M33.5M31.9M52.1M33.3M
Net Debt(250.8M)(304.8M)(143.1M)8.6M(458.0M)(480.9M)
Retained Earnings185.2M(88.2M)(300.4M)(411.1M)(513.4M)(487.7M)
Non Current Assets Total2.8B352.6M328.8M369.2M280.1M266.1M
Non Currrent Assets Other19.9M9.8M3.2M19.7M83.3M87.5M
Cash And Short Term Investments1.6B1.6B1.5B1.1B1.1B1.3B
Net Receivables698.0M708.2M514.0M474.8M351.3M567.3M
Liabilities And Stockholders Equity5.3B2.8B2.4B2.0B1.8B2.9B
Non Current Liabilities Total275.4M46.2M49.7M101.3M68.1M64.7M
Other Stockholder Equity1.6B1.6B1.6B1.6B1.6B1.7B
Property Plant And Equipment Gross187.4M112.1M70.4M116.6M162.6M103.3M
Total Current Assets2.6B2.4B2.1B1.7B1.5B2.0B
Accumulated Other Comprehensive Income1.5B63.8M59.2M54.1M58.9M56.0M
Short Term Debt40.3M36.4M25.8M23.6M19.9M18.9M
Short Term Investments1.3B1.3B1.3B1.0B558.8M831.2M
Inventory82.9M31.0M15.6M9.1M1.00.95
Net Tangible Assets2.9B1.6B1.4B1.3B1.5B2.0B
Long Term Investments2.0B131.5M140.5M114.7M101.5M96.5M
Short Long Term Debt Total90.3M53.0M45.9M104.6M69.4M128.9M
Capital Lease Obligations90.3M53.0M45.9M104.6M69.4M44.4M
Non Current Liabilities Other27.6M28.2M28.3M20.3M18.6M23.9M
Net Invested Capital3.3B1.6B1.4B1.3B1.2B1.7B

Currently Active Assets on Macroaxis

When determining whether Phoenix New Media is a strong investment it is important to analyze Phoenix New'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 Phoenix New's future performance. For an informed investment choice regarding Phoenix Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Phoenix New Media. 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.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Interactive Media & Services 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 Phoenix New. If investors know Phoenix 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 Phoenix New listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.86)
Earnings Share
(0.53)
Revenue Per Share
56.873
Quarterly Revenue Growth
(0.07)
Return On Assets
(0.02)
The market value of Phoenix New Media is measured differently than its book value, which is the value of Phoenix that is recorded on the company's balance sheet. Investors also form their own opinion of Phoenix New's value that differs from its market value or its book value, called intrinsic value, which is Phoenix New'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 Phoenix New's market value can be influenced by many factors that don't directly affect Phoenix New'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 Phoenix New's value and its price as these two are different measures arrived at by different means. Investors typically determine if Phoenix New is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Phoenix New'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.