Baosheng Total Liab vs Current Deferred Revenue Analysis

BAOS Stock  USD 3.12  0.08  2.50%   
Baosheng Media financial indicator trend analysis is way more than just evaluating Baosheng Media Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Baosheng Media Group is a good investment. Please check the relationship between Baosheng Media Total Liab and its Current Deferred Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Baosheng Media Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

Total Liab vs Current Deferred Revenue

Total Liab vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Baosheng Media Group Total Liab account and Current Deferred Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Baosheng Media's Total Liab and Current Deferred Revenue is 0.94. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Baosheng Media Group, assuming nothing else is changed. The correlation between historical values of Baosheng Media's Total Liab and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Baosheng Media Group are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Liab i.e., Baosheng Media's Total Liab and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Baosheng Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Baosheng Media Group 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 Baosheng Media Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
At this time, Baosheng Media's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 2.10 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses10.2M24.0M2.9M2.8M
Cost Of Revenue2.1M2.4M308.4K293.0K

Baosheng Media fundamental ratios Correlations

0.60.610.010.54-0.41-0.250.39-0.250.950.680.0-0.510.41-0.37-0.270.89-0.69-0.67-0.240.970.26-0.520.6-0.01-0.35
0.60.86-0.610.82-0.77-0.840.910.380.470.77-0.76-0.820.48-0.68-0.880.88-0.75-0.63-0.080.58-0.15-0.760.86-0.65-0.86
0.610.86-0.780.84-0.9-0.880.930.290.560.98-0.54-0.950.13-0.88-0.70.86-0.8-0.660.040.63-0.49-0.941.0-0.79-0.92
0.01-0.61-0.78-0.60.860.93-0.87-0.610.05-0.70.690.830.120.830.7-0.410.460.28-0.2-0.030.820.82-0.81.00.91
0.540.820.84-0.6-0.64-0.70.820.080.470.81-0.56-0.690.12-0.79-0.640.73-0.89-0.460.380.6-0.34-0.640.85-0.63-0.72
-0.41-0.77-0.90.86-0.640.93-0.92-0.53-0.28-0.840.60.97-0.140.870.75-0.750.680.44-0.01-0.380.570.97-0.910.870.97
-0.25-0.84-0.880.93-0.70.93-0.98-0.65-0.13-0.770.810.92-0.190.840.88-0.660.60.42-0.03-0.250.580.89-0.880.950.99
0.390.910.93-0.870.82-0.92-0.980.540.280.84-0.8-0.920.24-0.87-0.890.76-0.72-0.480.070.4-0.5-0.880.94-0.9-0.98
-0.250.380.29-0.610.08-0.53-0.650.54-0.370.13-0.79-0.40.47-0.45-0.760.120.090.19-0.36-0.22-0.22-0.380.31-0.63-0.59
0.950.470.560.050.47-0.28-0.130.28-0.370.670.16-0.430.27-0.3-0.10.78-0.56-0.73-0.270.960.21-0.450.540.05-0.23
0.680.770.98-0.70.81-0.84-0.770.840.130.67-0.36-0.910.04-0.84-0.550.86-0.79-0.710.050.71-0.48-0.920.97-0.7-0.83
0.0-0.76-0.540.69-0.560.60.81-0.8-0.790.16-0.360.55-0.490.580.95-0.40.340.090.05-0.020.210.47-0.550.730.75
-0.51-0.82-0.950.83-0.690.970.92-0.92-0.4-0.43-0.910.55-0.110.830.71-0.820.720.630.02-0.480.560.99-0.950.840.96
0.410.480.130.120.12-0.14-0.190.240.470.270.04-0.49-0.11-0.1-0.590.45-0.06-0.05-0.660.410.67-0.070.140.08-0.19
-0.37-0.68-0.880.83-0.790.870.84-0.87-0.45-0.3-0.840.580.83-0.10.69-0.650.720.23-0.19-0.460.560.83-0.90.830.86
-0.27-0.88-0.70.7-0.640.750.88-0.89-0.76-0.1-0.550.950.71-0.590.69-0.640.490.260.17-0.270.170.65-0.720.740.85
0.890.880.86-0.410.73-0.75-0.660.760.120.780.86-0.4-0.820.45-0.65-0.64-0.81-0.72-0.190.85-0.03-0.80.85-0.44-0.73
-0.69-0.75-0.80.46-0.890.680.6-0.720.09-0.56-0.790.340.72-0.060.720.49-0.810.48-0.41-0.660.280.69-0.790.490.67
-0.67-0.63-0.660.28-0.460.440.42-0.480.19-0.73-0.710.090.63-0.050.230.26-0.720.480.22-0.610.150.61-0.630.280.48
-0.24-0.080.04-0.20.38-0.01-0.030.07-0.36-0.270.050.050.02-0.66-0.190.17-0.19-0.410.22-0.23-0.510.040.05-0.2-0.02
0.970.580.63-0.030.6-0.38-0.250.4-0.220.960.71-0.02-0.480.41-0.46-0.270.85-0.66-0.61-0.230.23-0.490.62-0.04-0.34
0.26-0.15-0.490.82-0.340.570.58-0.5-0.220.21-0.480.210.560.670.560.17-0.030.280.15-0.510.230.58-0.50.790.56
-0.52-0.76-0.940.82-0.640.970.89-0.88-0.38-0.45-0.920.470.99-0.070.830.65-0.80.690.610.04-0.490.58-0.940.820.93
0.60.861.0-0.80.85-0.91-0.880.940.310.540.97-0.55-0.950.14-0.9-0.720.85-0.79-0.630.050.62-0.5-0.94-0.8-0.92
-0.01-0.65-0.791.0-0.630.870.95-0.9-0.630.05-0.70.730.840.080.830.74-0.440.490.28-0.2-0.040.790.82-0.80.92
-0.35-0.86-0.920.91-0.720.970.99-0.98-0.59-0.23-0.830.750.96-0.190.860.85-0.730.670.48-0.02-0.340.560.93-0.920.92
Click cells to compare fundamentals

Baosheng Media Account Relationship Matchups

Baosheng Media fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets84.8M93.3M94.1M58.0M48.8M60.9M
Other Current Liab1.7M5.2M4.3M1.0M989.9K940.4K
Total Current Liabilities49.4M51.7M19.5M12.6M6.5M6.1M
Total Stockholder Equity32.2M41.7M74.1M45.4M42.4M46.8M
Property Plant And Equipment Net1.5M1.3M2.6M2.4M2.1M1.8M
Current Deferred Revenue7.2M9.2M2.5M1.3M931.3K884.7K
Net Debt(3.4M)(4.7M)(3.7M)(5.2M)(1.1M)(1.1M)
Retained Earnings29.0M35.7M29.0M5.3M3.4M3.2M
Accounts Payable35.8M35.4M12.2M8.9M2.3M2.2M
Cash8.1M6.6M4.8M6.7M3.3M5.6M
Non Current Assets Total2.4M1.3M7.9M7.9M9.3M5.4M
Non Currrent Assets Other(2.3M)(1.3M)4.5M(5.2M)1.01.05
Cash And Short Term Investments8.1M6.6M4.8M9.8M5.9M6.7M
Net Receivables57.1M68.3M62.3M34.8M28.7M41.8M
Common Stock Shares Outstanding1.4M1.1M1.5M1.5M1.5M1.5M
Liabilities And Stockholders Equity84.8M93.3M94.1M58.0M48.8M60.9M
Inventory17.1M17.0M18.5M5.5M4.7M4.5M
Other Current Assets59.9K190.6K620.0K60.1K235.5K234.0K
Total Liab52.6M51.7M20.0M12.6M6.5M6.1M
Net Invested Capital36.5M43.2M74.1M46.9M44.6M48.5M
Property Plant And Equipment Gross1.5M1.3M2.9M2.8M2.9M2.1M
Total Current Assets82.4M92.1M86.2M50.1M39.5M56.9M
Accumulated Other Comprehensive Income(656.9K)2.1M3.5M(1.4M)(2.6M)(2.5M)
Net Working Capital33.0M40.4M66.7M37.5M33.1M42.7M
Short Term Debt4.7M1.9M515.6K1.4M2.3M1.5M
Intangible Assets778.4K5.5K3.7M3.3M401.5K381.5K

Pair Trading with Baosheng Media

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Baosheng Media position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Baosheng Media will appreciate offsetting losses from the drop in the long position's value.

Moving against Baosheng Stock

  0.46PARA Paramount Global Class Aggressive PushPairCorr
The ability to find closely correlated positions to Baosheng Media could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Baosheng Media when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Baosheng Media - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Baosheng Media Group to buy it.
The correlation of Baosheng Media is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Baosheng Media moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Baosheng Media Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Baosheng Media can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Baosheng Media Group is a strong investment it is important to analyze Baosheng Media'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 Baosheng Media's future performance. For an informed investment choice regarding Baosheng Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Baosheng Media Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

Complementary Tools for Baosheng Stock analysis

When running Baosheng Media's price analysis, check to measure Baosheng Media'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 Baosheng Media is operating at the current time. Most of Baosheng Media's value examination focuses on studying past and present price action to predict the probability of Baosheng Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Baosheng Media's price. Additionally, you may evaluate how the addition of Baosheng Media to your portfolios can decrease your overall portfolio volatility.
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Fundamental Analysis
View fundamental data based on most recent published financial statements
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Is Baosheng Media'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 Baosheng Media. If investors know Baosheng 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 Baosheng Media 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
(0.82)
Earnings Share
(1.20)
Revenue Per Share
0.601
Quarterly Revenue Growth
2.434
Return On Assets
(0.03)
The market value of Baosheng Media Group is measured differently than its book value, which is the value of Baosheng that is recorded on the company's balance sheet. Investors also form their own opinion of Baosheng Media's value that differs from its market value or its book value, called intrinsic value, which is Baosheng 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 Baosheng Media's market value can be influenced by many factors that don't directly affect Baosheng 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 Baosheng Media's value and its price as these two are different measures arrived at by different means. Investors typically determine if Baosheng Media is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Baosheng 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.