Nine Capital Expenditures vs Investments Analysis

NEC Stock

1.26 0.03 2.33%

Nine Entertainment financial indicator trend analysis is infinitely more than just investigating Nine Entertainment recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nine Entertainment is a good investment. Please check the relationship between Nine Entertainment Capital Expenditures and its Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nine Entertainment Co. 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.

Capital Expenditures vs Investments

Capital Expenditures vs Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nine Entertainment Capital Expenditures account and Investments. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Nine Entertainment's Capital Expenditures and Investments is -0.53. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Investments in the same time period over historical financial statements of Nine Entertainment Co, assuming nothing else is changed. The correlation between historical values of Nine Entertainment's Capital Expenditures and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Nine Entertainment Co are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Capital Expenditures i.e., Nine Entertainment's Capital Expenditures and Investments go up and down completely randomly.

Correlation Coefficient

-0.53

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Capital Expenditures

Capital Expenditures are funds used by Nine Entertainment to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Nine Entertainment operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

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

Selling General Administrative is likely to drop to about 466.4 M in 2024. Discontinued Operations is likely to gain to about (56.6 M) in 2024

Nine Entertainment fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Net Receivables	Other Current Assets	Other Stockholder Equity	Total Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Other Liab	Other Assets	Long Term Debt	Good Will	Inventory	Intangible Assets	Short Long Term Debt Total	Property Plant And Equipment Net
Total Assets		0.7	0.32	0.93	-0.77	-0.15	0.34	0.68	0.89	0.02	-0.32	0.63	0.15	0.12	0.88	0.44	0.9	0.69	0.49	-0.49	-0.64	-0.05	0.52	-0.01	0.44	0.61
Other Current Liab	0.7		0.39	0.5	-0.63	-0.47	-0.23	0.18	0.6	0.08	-0.39	0.61	-0.18	-0.3	0.65	0.64	0.78	0.71	0.43	-0.46	-0.44	-0.13	0.6	0.12	0.45	0.72
Total Current Liabilities	0.32	0.39		0.31	-0.1	0.3	0.22	0.41	0.09	0.69	0.15	0.92	0.19	0.45	0.32	0.05	0.22	0.05	-0.25	-0.41	-0.33	0.07	-0.07	-0.01	0.28	0.0
Total Stockholder Equity	0.93	0.5	0.31		-0.54	0.13	0.41	0.78	0.83	0.14	-0.18	0.53	0.26	0.3	0.85	0.14	0.79	0.43	0.39	-0.34	-0.68	-0.03	0.22	-0.13	0.18	0.36
Net Tangible Assets	-0.77	-0.63	-0.1	-0.54		0.62	-0.02	-0.37	-0.62	0.41	0.56	-0.45	0.13	0.26	-0.46	-0.76	-0.84	-0.9	-0.67	0.76	0.19	-0.18	-0.88	-0.4	-0.7	-0.85
Retained Earnings	-0.15	-0.47	0.3	0.13	0.62		0.6	0.38	-0.1	0.6	0.59	0.09	0.44	0.85	0.08	-0.69	-0.48	-0.7	-0.68	0.44	-0.17	0.03	-0.83	-0.44	-0.4	-0.73
Accounts Payable	0.34	-0.23	0.22	0.41	-0.02	0.6		0.58	0.32	0.34	0.24	0.3	0.34	0.7	0.45	-0.13	-0.03	-0.15	-0.37	0.16	-0.29	0.02	-0.26	-0.31	0.15	-0.28
Cash	0.68	0.18	0.41	0.78	-0.37	0.38	0.58		0.45	0.19	0.1	0.55	0.18	0.63	0.57	0.12	0.45	0.22	-0.04	-0.27	-0.34	0.27	-0.03	0.11	0.35	0.17
Net Receivables	0.89	0.6	0.09	0.83	-0.62	-0.1	0.32	0.45		-0.05	-0.29	0.4	0.29	0.07	0.86	0.3	0.75	0.62	0.48	-0.22	-0.74	-0.31	0.48	-0.25	0.18	0.5
Other Current Assets	0.02	0.08	0.69	0.14	0.41	0.6	0.34	0.19	-0.05		0.43	0.5	0.22	0.42	0.35	-0.37	-0.18	-0.44	-0.55	0.23	-0.36	-0.2	-0.54	-0.48	-0.24	-0.56
Other Stockholder Equity	-0.32	-0.39	0.15	-0.18	0.56	0.59	0.24	0.1	-0.29	0.43		-0.03	0.17	0.48	-0.14	-0.41	-0.53	-0.42	-0.54	0.32	0.09	0.02	-0.56	-0.37	-0.27	-0.53
Total Liab	0.63	0.61	0.92	0.53	-0.45	0.09	0.3	0.55	0.4	0.5	-0.03		0.17	0.37	0.56	0.34	0.52	0.4	-0.02	-0.55	-0.48	0.01	0.25	0.03	0.48	0.31
Long Term Investments	0.15	-0.18	0.19	0.26	0.13	0.44	0.34	0.18	0.29	0.22	0.17	0.17		0.39	0.22	-0.58	-0.04	-0.07	-0.19	0.0	-0.42	-0.3	-0.1	-0.4	-0.23	-0.16
Short Long Term Debt	0.12	-0.3	0.45	0.3	0.26	0.85	0.7	0.63	0.07	0.42	0.48	0.37	0.39		0.17	-0.33	-0.22	-0.32	-0.53	0.13	-0.28	0.07	-0.52	-0.28	-0.07	-0.39
Total Current Assets	0.88	0.65	0.32	0.85	-0.46	0.08	0.45	0.57	0.86	0.35	-0.14	0.56	0.22	0.17		0.22	0.69	0.41	0.23	-0.11	-0.74	-0.26	0.23	-0.31	0.2	0.29
Short Term Debt	0.44	0.64	0.05	0.14	-0.76	-0.69	-0.13	0.12	0.3	-0.37	-0.41	0.34	-0.58	-0.33	0.22		0.54	0.79	0.39	-0.45	-0.01	0.07	0.76	0.4	0.68	0.76
Common Stock	0.9	0.78	0.22	0.79	-0.84	-0.48	-0.03	0.45	0.75	-0.18	-0.53	0.52	-0.04	-0.22	0.69	0.54		0.78	0.74	-0.62	-0.5	-0.01	0.68	0.2	0.46	0.78
Property Plant Equipment	0.69	0.71	0.05	0.43	-0.9	-0.7	-0.15	0.22	0.62	-0.44	-0.42	0.4	-0.07	-0.32	0.41	0.79	0.78		0.62	-0.65	-0.31	-0.1	0.94	0.23	0.57	0.92
Other Liab	0.49	0.43	-0.25	0.39	-0.67	-0.68	-0.37	-0.04	0.48	-0.55	-0.54	-0.02	-0.19	-0.53	0.23	0.39	0.74	0.62		-0.5	-0.18	0.0	0.68	0.22	0.18	0.64
Other Assets	-0.49	-0.46	-0.41	-0.34	0.76	0.44	0.16	-0.27	-0.22	0.23	0.32	-0.55	0.0	0.13	-0.11	-0.45	-0.62	-0.65	-0.5		-0.05	-0.45	-0.65	-0.52	-0.64	-0.66
Long Term Debt	-0.64	-0.44	-0.33	-0.68	0.19	-0.17	-0.29	-0.34	-0.74	-0.36	0.09	-0.48	-0.42	-0.28	-0.74	-0.01	-0.5	-0.31	-0.18	-0.05		0.71	-0.14	0.66	0.27	-0.11
Good Will	-0.05	-0.13	0.07	-0.03	-0.18	0.03	0.02	0.27	-0.31	-0.2	0.02	0.01	-0.3	0.07	-0.26	0.07	-0.01	-0.1	0.0	-0.45	0.71		-0.08	0.76	0.55	0.1
Inventory	0.52	0.6	-0.07	0.22	-0.88	-0.83	-0.26	-0.03	0.48	-0.54	-0.56	0.25	-0.1	-0.52	0.23	0.76	0.68	0.94	0.68	-0.65	-0.14	-0.08		0.31	0.55	0.87
Intangible Assets	-0.01	0.12	-0.01	-0.13	-0.4	-0.44	-0.31	0.11	-0.25	-0.48	-0.37	0.03	-0.4	-0.28	-0.31	0.4	0.2	0.23	0.22	-0.52	0.66	0.76	0.31		0.7	0.49
Short Long Term Debt Total	0.44	0.45	0.28	0.18	-0.7	-0.4	0.15	0.35	0.18	-0.24	-0.27	0.48	-0.23	-0.07	0.2	0.68	0.46	0.57	0.18	-0.64	0.27	0.55	0.55	0.7		0.67
Property Plant And Equipment Net	0.61	0.72	0.0	0.36	-0.85	-0.73	-0.28	0.17	0.5	-0.56	-0.53	0.31	-0.16	-0.39	0.29	0.76	0.78	0.92	0.64	-0.66	-0.11	0.1	0.87	0.49	0.67

Click cells to compare fundamentals

Nine Entertainment Account Relationship Matchups

Nine Entertainment fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.7B	3.9B	4.1B	4.0B	4.0B	3.2B
Other Current Liab	350.6M	634.1M	668.2M	448.6M	470.8M	302.9M
Total Current Liabilities	647.7M	837.4M	907.5M	867.4M	881.5M	844.3M
Total Stockholder Equity	1.7B	1.8B	1.9B	1.7B	1.6B	1.3B
Net Tangible Assets	(693.8M)	(592.8M)	(802.5M)	(921.9M)	(829.7M)	(788.2M)
Retained Earnings	(315.0M)	(264.9M)	(178.8M)	(212.4M)	(248.2M)	(235.8M)
Accounts Payable	183.7M	23.7M	2.6M	282.8M	257.0M	162.3M
Cash	187.4M	171.9M	153.5M	119.7M	92.9M	158.5M
Net Receivables	258.1M	381.0M	408.4M	425.3M	381.3M	298.2M
Other Current Assets	40.0M	40.3M	39.7M	56.5M	121.4M	188.3M
Other Stockholder Equity	(73.2M)	12.7M	(78.0M)	(85.7M)	(1.0)	(1.05)
Total Liab	1.8B	2.0B	2.1B	2.1B	2.2B	2.0B
Long Term Investments	31.2M	37.9M	40.1M	37.6M	33.4M	35.7M
Short Long Term Debt	79.6M	79.6M	79.8M	99.4M	99.7M	117.3M
Total Current Assets	711.2M	849.8M	892.8M	900.9M	905.5M	666.3M
Short Term Debt	103.4M	123.5M	115.1M	136.0M	139.3M	146.2M
Common Stock	2.1B	2.1B	2.1B	2.0B	1.9B	1.3B
Property Plant Equipment	415.2M	573.9M	491.5M	442.1M	508.5M	533.9M
Other Liab	366.0M	387.3M	415.7M	394.7M	453.9M	287.5M
Other Assets	40.8M	42.2M	35.4M	28.3M	25.4M	24.2M
Long Term Debt	504.7M	342.3M	398.1M	543.5M	633.2M	706.5M
Good Will	933.7M	888.9M	1.1B	1.1B	1.1B	835.6M
Inventory	225.7M	256.6M	291.3M	299.5M	310.0M	325.5M
Intangible Assets	2.4B	2.3B	2.5B	2.4B	1.4B	1.4B
Short Long Term Debt Total	852.6M	850.4M	860.6M	1.0B	1.1B	725.4M
Property Plant And Equipment Net	415.2M	573.9M	491.5M	442.1M	408.7M	305.7M
Current Deferred Revenue	58.1M	65.6M	77.0M	87.9M	83.4M	69.6M
Net Debt	665.2M	678.5M	707.2M	893.6M	986.4M	566.6M
Non Current Assets Total	3.0B	3.1B	3.2B	3.1B	3.1B	2.6B
Non Currrent Assets Other	149.8M	170.6M	192.2M	184.7M	199.6M	209.6M
Cash And Short Term Investments	187.4M	171.9M	153.5M	119.7M	92.9M	113.7M
Liabilities And Stockholders Equity	3.7B	3.9B	4.1B	4.0B	4.0B	3.6B
Non Current Liabilities Total	1.1B	1.1B	1.2B	1.3B	1.3B	883.4M
Property Plant And Equipment Gross	415.2M	1.2B	1.2B	514.7M	892.9M	473.1M
Accumulated Other Comprehensive Income	(61.5M)	(42.7M)	(54.9M)	(63.5M)	(58.3M)	(55.3M)
Long Term Debt Total	749.2M	726.9M	745.5M	877.2M	1.0B	569.6M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Nine Stock Analysis

When running Nine Entertainment's price analysis, check to measure Nine Entertainment'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 Nine Entertainment is operating at the current time. Most of Nine Entertainment's value examination focuses on studying past and present price action to predict the probability of Nine Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nine Entertainment's price. Additionally, you may evaluate how the addition of Nine Entertainment 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