Phoenix Minority Interest vs Depreciation And Amortization Analysis

FENG Stock  USD 1.75  0.03  1.69%   
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 Minority Interest and its Depreciation And Amortization 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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Minority Interest vs Depreciation And Amortization

Minority Interest vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Phoenix New Media Minority Interest account and Depreciation And Amortization. At this time, the significance of the direction appears to have no relationship.
The correlation between Phoenix New's Minority Interest and Depreciation And Amortization is 0.07. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Depreciation And Amortization 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 Minority Interest and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of Phoenix New Media are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Minority Interest i.e., Phoenix New's Minority Interest and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.07
Relationship DirectionPositive 
Relationship StrengthInsignificant

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Phoenix New Media whose combined shares represent less than 50% of the total outstanding shares issued by Phoenix New have a minority interest in Phoenix New.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
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 tightly coupled 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

-0.55-0.32-0.52-0.6-0.17-0.71-0.25-0.34-0.44-0.49-0.23-0.98-0.37-0.46-0.330.020.01-0.22-0.05-0.77-0.62-0.68-0.22-0.97-0.47
-0.550.710.920.980.830.78-0.130.440.880.940.790.470.660.680.790.340.630.9-0.060.530.780.10.760.420.58
-0.320.710.860.590.730.39-0.480.720.710.890.640.260.890.650.750.530.310.630.030.550.530.060.780.190.64
-0.520.920.860.860.710.76-0.270.610.770.990.640.420.750.650.840.450.620.77-0.080.60.850.030.690.350.57
-0.60.980.590.860.780.8-0.030.340.860.870.740.520.560.640.730.270.620.88-0.060.510.770.160.690.490.54
-0.170.830.730.710.780.35-0.270.410.880.780.970.130.680.680.670.330.430.910.050.320.36-0.010.950.10.63
-0.710.780.390.760.80.350.180.20.540.720.360.610.350.50.470.080.630.51-0.190.60.930.10.30.560.36
-0.25-0.13-0.48-0.27-0.03-0.270.18-0.49-0.16-0.28-0.230.32-0.410.14-0.38-0.94-0.1-0.3-0.070.330.070.3-0.290.350.15
-0.340.440.720.610.340.410.2-0.490.320.620.410.340.770.380.720.52-0.020.320.540.340.370.390.530.240.51
-0.440.880.710.770.860.880.54-0.160.320.810.810.380.650.70.580.280.440.85-0.010.480.520.150.830.360.63
-0.490.940.890.990.870.780.72-0.280.620.810.720.40.80.70.840.450.590.81-0.050.590.80.040.770.330.63
-0.230.790.640.640.740.970.36-0.230.410.810.720.190.650.670.610.30.350.870.080.30.310.040.950.150.63
-0.980.470.260.420.520.130.610.320.340.380.40.190.350.440.28-0.11-0.120.140.150.750.520.790.180.970.5
-0.370.660.890.750.560.680.35-0.410.770.650.80.650.350.70.720.490.260.610.270.420.470.230.80.220.8
-0.460.680.650.650.640.680.50.140.380.70.70.670.440.70.43-0.060.210.540.020.680.540.20.780.420.92
-0.330.790.750.840.730.670.47-0.380.720.580.840.610.280.720.430.540.510.750.130.320.630.080.660.170.45
0.020.340.530.450.270.330.08-0.940.520.280.450.3-0.110.49-0.060.540.290.47-0.03-0.220.16-0.250.33-0.16-0.08
0.010.630.310.620.620.430.63-0.1-0.020.440.590.35-0.120.260.210.510.290.68-0.32-0.010.67-0.510.3-0.210.09
-0.220.90.630.770.880.910.51-0.30.320.850.810.870.140.610.540.750.470.68-0.10.180.51-0.130.820.090.47
-0.05-0.060.03-0.08-0.060.05-0.19-0.070.54-0.01-0.050.080.150.270.020.13-0.03-0.32-0.1-0.09-0.140.620.130.060.28
-0.770.530.550.60.510.320.60.330.340.480.590.30.750.420.680.32-0.22-0.010.18-0.090.620.470.360.760.61
-0.620.780.530.850.770.360.930.070.370.520.80.310.520.470.540.630.160.670.51-0.140.620.050.330.450.42
-0.680.10.060.030.16-0.010.10.30.390.150.040.040.790.230.20.08-0.25-0.51-0.130.620.470.050.070.760.43
-0.220.760.780.690.690.950.3-0.290.530.830.770.950.180.80.780.660.330.30.820.130.360.330.070.140.76
-0.970.420.190.350.490.10.560.350.240.360.330.150.970.220.420.17-0.16-0.210.090.060.760.450.760.140.42
-0.470.580.640.570.540.630.360.150.510.630.630.630.50.80.920.45-0.080.090.470.280.610.420.430.760.42
Click cells to compare fundamentals

Phoenix New Account Relationship Matchups

Phoenix New fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding12.3M12.1M12.1M12.1M12.1M12.3M
Total Assets5.3B2.8B2.4B2.0B1.8B2.7B
Other Current Liab1.1B766.0M690.6M431.8M404.9M373.9M
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 Assets161.7M42.8M49.4M32.3M41.2M57.9M
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 Revenue55.9M38.8M33.5M31.9M36.7M31.5M
Net Debt(250.8M)(304.8M)(143.1M)8.6M(477.9M)(501.8M)
Retained Earnings185.2M(88.2M)(300.4M)(411.1M)(414.0M)(393.3M)
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 Gross187.4M112.1M70.4M116.6M134.1M97.5M
Total Current Assets2.6B2.4B2.1B1.7B1.5B2.0B
Accumulated Other Comprehensive Income1.5B63.8M59.2M54.1M(40.4M)(38.4M)
Short Term Debt40.3M36.4M25.8M23.6M21.3M20.2M
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 Investments2.0B131.5M140.5M114.7M131.9M125.3M
Short Long Term Debt Total90.3M53.0M45.9M104.6M49.5M47.1M
Capital Lease Obligations90.3M53.0M45.9M104.6M120.3M126.3M
Non Current Liabilities Other27.6M28.2M28.3M20.3M23.4M24.3M
Net Invested Capital3.3B1.6B1.4B1.3B1.2B1.9B

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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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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Is Phoenix New's industry 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
(0.79)
Revenue Per Share
57.05
Quarterly Revenue Growth
(0.05)
Return On Assets
(0.04)
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.