Overactive Retained Earnings vs Net Tangible Assets Analysis

OAM Stock

0.28 0.01 3.45%

Overactive Media financial indicator trend analysis is much more than just breaking down Overactive Media Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Overactive Media Corp is a good investment. Please check the relationship between Overactive Media Retained Earnings and its Net Tangible Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Overactive Media Corp. 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.

Retained Earnings vs Net Tangible Assets

Retained Earnings vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Overactive Media Corp Retained Earnings account and Net Tangible Assets. At this time, the significance of the direction appears to have pay attention.

The correlation between Overactive Media's Retained Earnings and Net Tangible Assets is -0.91. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Overactive Media Corp, assuming nothing else is changed. The correlation between historical values of Overactive Media's Retained Earnings and Net Tangible 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 Retained Earnings of Overactive Media Corp are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Retained Earnings i.e., Overactive Media's Retained Earnings and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

-0.91

Relationship Direction	Negative
Relationship Strength	Significant

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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.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Most indicators from Overactive Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Overactive Media Corp 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Overactive Media Corp. 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.

Sales General And Administrative To Revenue is likely to climb to 1.96 in 2024, despite the fact that Tax Provision is likely to grow to (494 K).

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	2.0M	2.3M	2.2M	2.2M
Total Operating Expenses	28.7M	64.4M	24.5M	38.9M

Reconciled Depreciation Total Operating Expenses

Overactive Media fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Net Receivables	Other Current Assets	Other Stockholder Equity	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Total Liab	Net Invested Capital	Long Term Investments
Other Current Liab		-0.72	0.99	0.55	-0.37	0.54	0.3	-0.87	-0.51	0.3	0.44	0.83	0.03	0.19	-0.2	0.69	-0.22	0.51	-0.36	0.19	0.21	-0.31	-0.39	-0.21	0.17	-0.51
Total Current Liabilities	-0.72		-0.73	-0.86	0.85	-0.84	-0.72	0.96	0.8	-0.2	-0.82	-0.97	0.59	0.44	0.69	-0.66	0.78	-0.84	0.79	-0.53	-0.56	0.78	0.8	0.75	0.46	0.84
Other Liab	0.99	-0.73		0.5	-0.37	0.5	0.24	-0.88	-0.44	0.16	0.4	0.83	-0.03	0.11	-0.23	0.59	-0.23	0.47	-0.36	0.22	0.24	-0.31	-0.38	-0.23	0.09	-0.47
Net Tangible Assets	0.55	-0.86	0.5		-0.91	0.91	0.91	-0.82	-0.99	0.63	0.96	0.84	-0.55	-0.34	-0.72	0.88	-0.82	0.99	-0.87	0.52	0.59	-0.85	-0.9	-0.79	-0.36	-1.0
Retained Earnings	-0.37	0.85	-0.37	-0.91		-0.78	-0.8	0.74	0.88	-0.32	-0.92	-0.77	0.85	0.7	0.93	-0.63	0.98	-0.94	0.98	-0.74	-0.8	0.98	0.99	0.97	0.72	0.93
Accounts Payable	0.54	-0.84	0.5	0.91	-0.78		0.95	-0.77	-0.9	0.56	0.79	0.79	-0.4	-0.21	-0.5	0.79	-0.67	0.88	-0.69	0.51	0.28	-0.66	-0.73	-0.64	-0.24	-0.89
Net Receivables	0.3	-0.72	0.24	0.91	-0.8	0.95		-0.61	-0.92	0.62	0.82	0.64	-0.47	-0.29	-0.55	0.74	-0.73	0.88	-0.71	0.49	0.32	-0.7	-0.75	-0.68	-0.32	-0.9
Other Current Assets	-0.87	0.96	-0.88	-0.82	0.74	-0.77	-0.61		0.77	-0.28	-0.77	-0.99	0.4	0.23	0.57	-0.74	0.63	-0.79	0.69	-0.41	-0.49	0.68	0.72	0.61	0.25	0.79
Other Stockholder Equity	-0.51	0.8	-0.44	-0.99	0.88	-0.9	-0.92	0.77		-0.7	-0.95	-0.79	0.5	0.29	0.69	-0.9	0.79	-0.98	0.84	-0.49	-0.56	0.83	0.88	0.76	0.32	0.99
Total Current Assets	0.3	-0.2	0.16	0.63	-0.32	0.56	0.62	-0.28	-0.7		0.52	0.28	0.14	0.35	-0.11	0.85	-0.2	0.6	-0.33	0.06	0.08	-0.29	-0.38	-0.16	0.32	-0.62
Common Stock	0.44	-0.82	0.4	0.96	-0.92	0.79	0.82	-0.77	-0.95	0.52		0.81	-0.65	-0.47	-0.81	0.79	-0.89	0.96	-0.9	0.45	0.72	-0.91	-0.92	-0.84	-0.5	-0.96
Property Plant Equipment	0.83	-0.97	0.83	0.84	-0.77	0.79	0.64	-0.99	-0.79	0.28	0.81		-0.45	-0.28	-0.61	0.74	-0.68	0.82	-0.72	0.39	0.53	-0.72	-0.75	-0.65	-0.3	-0.82
Total Assets	0.03	0.59	-0.03	-0.55	0.85	-0.4	-0.47	0.4	0.5	0.14	-0.65	-0.45		0.97	0.94	-0.13	0.92	-0.62	0.85	-0.75	-0.84	0.88	0.82	0.94	0.98	0.6
Total Stockholder Equity	0.19	0.44	0.11	-0.34	0.7	-0.21	-0.29	0.23	0.29	0.35	-0.47	-0.28	0.97		0.85	0.1	0.81	-0.42	0.71	-0.68	-0.76	0.74	0.67	0.84	1.0	0.39
Property Plant And Equipment Net	-0.2	0.69	-0.23	-0.72	0.93	-0.5	-0.55	0.57	0.69	-0.11	-0.81	-0.61	0.94	0.85		-0.41	0.97	-0.79	0.96	-0.75	-0.95	0.97	0.94	0.98	0.86	0.77
Cash	0.69	-0.66	0.59	0.88	-0.63	0.79	0.74	-0.74	-0.9	0.85	0.79	0.74	-0.13	0.1	-0.41		-0.49	0.85	-0.62	0.26	0.36	-0.58	-0.67	-0.45	0.08	-0.86
Non Current Assets Total	-0.22	0.78	-0.23	-0.82	0.98	-0.67	-0.73	0.63	0.79	-0.2	-0.89	-0.68	0.92	0.81	0.97	-0.49		-0.87	0.97	-0.72	-0.85	0.99	0.96	0.99	0.83	0.85
Non Currrent Assets Other	0.51	-0.84	0.47	0.99	-0.94	0.88	0.88	-0.79	-0.98	0.6	0.96	0.82	-0.62	-0.42	-0.79	0.85	-0.87		-0.92	0.6	0.67	-0.91	-0.95	-0.85	-0.45	-1.0
Long Term Debt	-0.36	0.79	-0.36	-0.87	0.98	-0.69	-0.71	0.69	0.84	-0.33	-0.9	-0.72	0.85	0.71	0.96	-0.62	0.97	-0.92		-0.77	-0.88	0.99	1.0	0.97	0.72	0.9
Good Will	0.19	-0.53	0.22	0.52	-0.74	0.51	0.49	-0.41	-0.49	0.06	0.45	0.39	-0.75	-0.68	-0.75	0.26	-0.72	0.6	-0.77		0.61	-0.71	-0.75	-0.79	-0.69	-0.58
Common Stock Shares Outstanding	0.21	-0.56	0.24	0.59	-0.8	0.28	0.32	-0.49	-0.56	0.08	0.72	0.53	-0.84	-0.76	-0.95	0.36	-0.85	0.67	-0.88	0.61		-0.89	-0.85	-0.86	-0.77	-0.64
Non Current Liabilities Total	-0.31	0.78	-0.31	-0.85	0.98	-0.66	-0.7	0.68	0.83	-0.29	-0.91	-0.72	0.88	0.74	0.97	-0.58	0.99	-0.91	0.99	-0.71	-0.89		0.99	0.98	0.76	0.89
Capital Lease Obligations	-0.39	0.8	-0.38	-0.9	0.99	-0.73	-0.75	0.72	0.88	-0.38	-0.92	-0.75	0.82	0.67	0.94	-0.67	0.96	-0.95	1.0	-0.75	-0.85	0.99		0.96	0.69	0.93
Total Liab	-0.21	0.75	-0.23	-0.79	0.97	-0.64	-0.68	0.61	0.76	-0.16	-0.84	-0.65	0.94	0.84	0.98	-0.45	0.99	-0.85	0.97	-0.79	-0.86	0.98	0.96		0.85	0.83
Net Invested Capital	0.17	0.46	0.09	-0.36	0.72	-0.24	-0.32	0.25	0.32	0.32	-0.5	-0.3	0.98	1.0	0.86	0.08	0.83	-0.45	0.72	-0.69	-0.77	0.76	0.69	0.85		0.42
Long Term Investments	-0.51	0.84	-0.47	-1.0	0.93	-0.89	-0.9	0.79	0.99	-0.62	-0.96	-0.82	0.6	0.39	0.77	-0.86	0.85	-1.0	0.9	-0.58	-0.64	0.89	0.93	0.83	0.42

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Overactive Retained Earnings vs Net Tangible Assets Analysis

Retained Earnings vs Net Tangible Assets

Retained Earnings vs Net Tangible Assets Correlation Analysis

Correlation Coefficient

Retained Earnings

Net Tangible Assets

Overactive Media fundamental ratios Correlations

Overactive Media Account Relationship Matchups

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Net Invested Capital	+ 1.0	Total Stockholder Equity
Capital Lease Obligations	+ 1.0	Long Term Debt
Other Liab	+ 0.99	Other Current Liab
Non Currrent Assets Other	+ 0.99	Net Tangible Assets
Capital Lease Obligations	+ 0.99	Retained Earnings
Long Term Investments	+ 0.99	Other Stockholder Equity

Long Term Investments	- 1.0	Non Currrent Assets Other
Long Term Investments	- 1.0	Net Tangible Assets
Property Plant Equipment	- 0.99	Other Current Assets
Other Stockholder Equity	- 0.99	Net Tangible Assets
Non Currrent Assets Other	- 0.98	Other Stockholder Equity
Property Plant Equipment	- 0.97	Total Current Liabilities