Connected Net Tangible Assets vs Total Current Assets Analysis
| CNCM Stock | USD 0.0001 0.00 0.00% |
Connected Media financial indicator trend analysis is way more than just evaluating Connected Media Tech prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Connected Media Tech is a good investment. Please check the relationship between Connected Media Net Tangible Assets and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Connected Media Tech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Net Tangible Assets vs Total Current Assets
Net Tangible Assets vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Connected Media Tech Net Tangible Assets account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Connected Media's Net Tangible Assets and Total Current Assets is 0.98. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Connected Media Tech, assuming nothing else is changed. The correlation between historical values of Connected Media's Net Tangible 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 Net Tangible Assets of Connected Media Tech 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 Net Tangible Assets i.e., Connected Media's Net Tangible Assets and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.98 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
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.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 Connected Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Connected Media Tech 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Connected Media Tech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. As of the 3rd of August 2025, Selling General Administrative is likely to drop to about 427.4 K
| 2010 | 2011 | 2024 | 2025 (projected) | Gross Profit | 360.1K | 135.8K | 122.2K | 186.6K | Total Revenue | 530.0K | 446.7K | 402.0K | 393.0K |
Connected Media fundamental ratios Correlations
Click cells to compare fundamentals
Connected Media Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Is Specialty Business 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 Connected Media. If investors know Connected 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 Connected Media listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.03) | Revenue Per Share 0.001 | Quarterly Revenue Growth 5.78 | Return On Assets (0.19) |
The market value of Connected Media Tech is measured differently than its book value, which is the value of Connected that is recorded on the company's balance sheet. Investors also form their own opinion of Connected Media's value that differs from its market value or its book value, called intrinsic value, which is Connected Media'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 Connected Media's market value can be influenced by many factors that don't directly affect Connected Media'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 Connected Media's value and its price as these two are different measures arrived at by different means. Investors typically determine if Connected Media is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Connected Media'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.