Studio Intangible Assets vs Total Current Assets Analysis

MSC Stock  USD 6.49  0.01  0.15%   
Studio City financial indicator trend analysis is much more than just breaking down Studio City International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Studio City International is a good investment. Please check the relationship between Studio City Intangible Assets and its Total Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Studio City International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Intangible Assets vs Total Current Assets

Intangible Assets vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Studio City International Intangible Assets account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Studio City's Intangible Assets and Total Current Assets is 0.68. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Studio City International, assuming nothing else is changed. The correlation between historical values of Studio City's Intangible Assets and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Studio City International are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Intangible Assets i.e., Studio City's Intangible Assets and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Studio City's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Studio City International 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Studio City International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
At present, Studio City's Enterprise Value Multiple is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Minority Interest49.4M34.9M12.6M11.9M
Interest Income81.7M83.5M10.4M9.9M

Studio City fundamental ratios Correlations

0.2-0.19-0.47-0.590.01-0.630.630.73-0.87-0.60.270.680.56-0.620.590.270.160.62-0.68-0.540.870.45-0.08-0.55-0.42
0.20.830.31-0.160.820.270.85-0.36-0.120.480.040.82-0.53-0.010.760.04-0.750.75-0.750.56-0.030.87-0.440.51-0.44
-0.190.830.520.320.770.660.5-0.720.270.76-0.120.42-0.80.310.38-0.13-0.670.37-0.490.82-0.360.54-0.660.81-0.34
-0.470.310.520.310.370.480.03-0.610.510.65-0.26-0.05-0.620.26-0.14-0.27-0.43-0.170.040.63-0.540.14-0.220.590.62
-0.59-0.160.320.31-0.070.79-0.54-0.570.520.370.12-0.58-0.360.71-0.670.11-0.15-0.670.40.34-0.43-0.58-0.480.620.07
0.010.820.770.37-0.070.480.66-0.530.260.67-0.280.59-0.710.270.68-0.28-0.830.66-0.460.72-0.350.78-0.180.59-0.26
-0.630.270.660.480.790.48-0.19-0.90.730.81-0.22-0.27-0.820.76-0.24-0.23-0.54-0.260.250.8-0.74-0.1-0.40.87-0.01
0.630.850.50.03-0.540.66-0.190.1-0.50.10.010.99-0.14-0.440.910.01-0.450.91-0.920.180.360.93-0.310.02-0.47
0.73-0.36-0.72-0.61-0.57-0.53-0.90.1-0.81-0.960.460.20.96-0.570.130.460.50.17-0.22-0.950.88-0.040.33-0.83-0.08
-0.87-0.120.270.510.520.260.73-0.5-0.810.76-0.5-0.58-0.730.69-0.4-0.5-0.28-0.430.660.69-0.97-0.270.180.610.42
-0.60.480.760.650.370.670.810.1-0.960.76-0.59-0.01-1.00.430.07-0.6-0.530.030.080.99-0.840.25-0.280.770.1
0.270.04-0.12-0.260.12-0.28-0.220.010.46-0.5-0.590.110.550.17-0.011.0-0.160.02-0.21-0.540.57-0.07-0.070.03-0.26
0.680.820.42-0.05-0.580.59-0.270.990.2-0.58-0.010.11-0.03-0.460.920.11-0.430.92-0.920.080.440.91-0.25-0.05-0.49
0.56-0.53-0.8-0.62-0.36-0.71-0.82-0.140.96-0.73-1.00.55-0.03-0.44-0.120.560.57-0.08-0.03-1.00.82-0.290.3-0.79-0.03
-0.62-0.010.310.260.710.270.76-0.44-0.570.690.430.17-0.46-0.44-0.310.17-0.54-0.310.460.41-0.6-0.250.070.760.07
0.590.760.38-0.14-0.670.68-0.240.910.13-0.40.07-0.010.92-0.12-0.31-0.01-0.451.0-0.770.150.290.960.00.01-0.52
0.270.04-0.13-0.270.11-0.28-0.230.010.46-0.5-0.61.00.110.560.17-0.01-0.160.02-0.2-0.550.57-0.07-0.050.02-0.26
0.16-0.75-0.67-0.43-0.15-0.83-0.54-0.450.5-0.28-0.53-0.16-0.430.57-0.54-0.45-0.16-0.440.28-0.580.36-0.580.09-0.720.13
0.620.750.37-0.17-0.670.66-0.260.910.17-0.430.030.020.92-0.08-0.311.00.02-0.44-0.780.120.320.950.0-0.01-0.54
-0.68-0.75-0.490.040.4-0.460.25-0.92-0.220.660.08-0.21-0.92-0.030.46-0.77-0.20.28-0.78-0.02-0.56-0.780.510.020.57
-0.540.560.820.630.340.720.80.18-0.950.690.99-0.540.08-1.00.410.15-0.55-0.580.12-0.02-0.790.33-0.330.790.01
0.87-0.03-0.36-0.54-0.43-0.35-0.740.360.88-0.97-0.840.570.440.82-0.60.290.570.360.32-0.56-0.790.14-0.12-0.62-0.37
0.450.870.540.14-0.580.78-0.10.93-0.04-0.270.25-0.070.91-0.29-0.250.96-0.07-0.580.95-0.780.330.14-0.080.18-0.36
-0.08-0.44-0.66-0.22-0.48-0.18-0.4-0.310.330.18-0.28-0.07-0.250.30.070.0-0.050.090.00.51-0.33-0.12-0.08-0.360.4
-0.550.510.810.590.620.590.870.02-0.830.610.770.03-0.05-0.790.760.010.02-0.72-0.010.020.79-0.620.18-0.36-0.06
-0.42-0.44-0.340.620.07-0.26-0.01-0.47-0.080.420.1-0.26-0.49-0.030.07-0.52-0.260.13-0.540.570.01-0.37-0.360.4-0.06
Click cells to compare fundamentals

Studio City Account Relationship Matchups

Studio City fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding60.5M73.7M92.6M177.6M192.6M99.8M
Total Assets2.7B3.1B3.3B3.6B3.2B3.4B
Other Current Liab92.0M158.5M251.3M244.0M148.8M165.2M
Total Current Liabilities100.2M164.9M254.7M247.4M156.8M183.3M
Total Stockholder Equity1.2B1.3B944.2M876.1M729.0M775.4M
Other Liab4.6M12.2M17.8M22.0M19.8M11.5M
Net Tangible Assets772.5M939.9M674.5M690.6M621.5M602.8M
Property Plant And Equipment Net2.1B2.2B2.6B2.9B2.8B2.7B
Net Debt1.1B1.0B1.6B1.9B2.1B1.5B
Retained Earnings(764.5M)(1.1B)(1.3B)(1.7B)(1.8B)(1.7B)
Accounts Payable3.3M206K211K501K2.5M2.3M
Cash299.4M573.2M499.3M509.5M228.0M418.7M
Non Current Assets Total2.3B2.4B2.8B3.0B2.9B2.9B
Non Currrent Assets Other57.2M86.8M69.8M46.5M26.9M28.2M
Other Assets57.2M117.7M69.8M48.5M(1.7M)(1.6M)
Long Term Debt1.4B1.6B2.1B2.4B2.3B2.1B
Cash And Short Term Investments299.4M573.2M499.3M509.5M228.0M419.9M
Net Receivables63.4M10.8M15.9M484K43.3M27.9M
Non Current Liabilities Total1.5B1.6B2.1B2.5B2.4B2.1B
Inventory9.8M9.3M5.8M5.1M5.8M6.5M
Other Current Assets14.2M12.5M42.6M38.7M39.0M50.4M
Other Stockholder Equity1.9B2.1B2.3B2.6B2.5B2.3B
Total Liab1.6B1.8B2.4B2.7B2.5B2.4B
Total Current Assets414.4M629.2M563.7M553.8M316.1M396.0M
Short Term Debt895K995K899K1.1M1.1M1.0M
Intangible Assets118.9M120.1M114.9M110.0M105.3M95.8M
Property Plant Equipment2.1B2.2B2.6B3.0B3.4B2.7B
Short Long Term Debt Total1.4B1.6B2.1B2.4B2.3B2.2B
Current Deferred Revenue3.9M2.4M2.3M1.8M4.4M2.8M
Long Term Debt Total1.4B1.6B2.1B2.4B2.8B2.0B
Liabilities And Stockholders Equity2.7B3.1B3.3B3.6B3.2B3.4B
Deferred Long Term Liab1.3M885K440K389K350.1K332.6K
Accumulated Other Comprehensive Income269K15.8M(6.1M)(11.7M)(12.7M)(12.0M)
Non Current Liabilities Other3.1M11.8M17.8M21.6M3.2M3.0M
Cash And Equivalents299.4M575.2M499.3M509.5M586.0M458.0M
Net Invested Capital2.6B2.9B3.0B3.3B3.1B3.2B

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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.
When determining whether Studio City International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Studio City's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Studio City International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Studio City International Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Studio City International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Hotels, Restaurants & Leisure 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 Studio City. If investors know Studio 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 Studio City 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
13.252
Earnings Share
(0.46)
Revenue Per Share
3.258
Quarterly Revenue Growth
0.269
Return On Assets
0.0099
The market value of Studio City International is measured differently than its book value, which is the value of Studio that is recorded on the company's balance sheet. Investors also form their own opinion of Studio City's value that differs from its market value or its book value, called intrinsic value, which is Studio City'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 Studio City's market value can be influenced by many factors that don't directly affect Studio City'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 Studio City's value and its price as these two are different measures arrived at by different means. Investors typically determine if Studio City is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Studio City'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.