Kuke Current Deferred Revenue vs Short Long Term Debt Total Analysis

KUKE Stock  USD 2.64  0.06  2.22%   
Kuke Music financial indicator trend analysis is infinitely more than just investigating Kuke Music Holding recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kuke Music Holding is a good investment. Please check the relationship between Kuke Music Current Deferred Revenue and its Short Long Term Debt Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kuke Music Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.

Current Deferred Revenue vs Short Long Term Debt Total

Current Deferred Revenue vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kuke Music Holding Current Deferred Revenue account and Short Long Term Debt Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Kuke Music's Current Deferred Revenue and Short Long Term Debt Total is 0.4. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Kuke Music Holding, assuming nothing else is changed. The correlation between historical values of Kuke Music's Current Deferred Revenue and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Kuke Music Holding are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Current Deferred Revenue i.e., Kuke Music's Current Deferred Revenue and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Short Long Term Debt Total

Most indicators from Kuke Music's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kuke Music Holding 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 Kuke Music Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
The current year's Selling General Administrative is expected to grow to about 70.5 M, whereas Tax Provision is forecasted to decline to 5,700.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization7.3M40.3M9.8M15.3M
Interest Income79K34K9K8.6K

Kuke Music fundamental ratios Correlations

0.48-0.350.560.980.940.810.090.540.860.950.730.860.610.220.310.420.830.690.540.990.440.840.330.450.92
0.48-0.610.990.290.370.40.890.960.120.570.720.120.080.80.630.510.190.730.990.390.990.25-0.541.00.53
-0.35-0.61-0.61-0.23-0.34-0.38-0.5-0.73-0.32-0.44-0.59-0.320.05-0.72-0.26-0.03-0.39-0.76-0.58-0.3-0.64-0.220.29-0.63-0.44
0.560.99-0.610.370.430.420.860.960.20.640.720.20.130.790.630.510.250.770.990.470.980.31-0.490.990.61
0.980.29-0.230.370.950.81-0.120.360.910.90.640.910.640.040.160.340.860.580.350.990.240.850.490.250.87
0.940.37-0.340.430.950.82-0.010.480.840.920.730.840.430.160.170.280.910.630.410.960.330.680.290.340.89
0.810.4-0.380.420.810.820.050.420.650.690.870.650.580.00.130.580.640.490.40.810.350.730.350.380.57
0.090.89-0.50.86-0.12-0.010.050.8-0.310.260.45-0.31-0.220.750.550.42-0.20.470.86-0.010.89-0.15-0.810.90.2
0.540.96-0.730.960.360.480.420.80.270.630.760.270.060.870.660.390.390.790.960.460.960.29-0.480.960.63
0.860.12-0.320.20.910.840.65-0.310.270.760.461.00.590.110.090.030.920.60.190.890.10.830.60.10.81
0.950.57-0.440.640.90.920.690.260.630.760.70.760.40.350.310.340.780.760.620.930.530.660.090.540.97
0.730.72-0.590.720.640.730.870.450.760.460.70.460.410.370.480.680.550.590.720.690.680.57-0.030.70.59
0.860.12-0.320.20.910.840.65-0.310.271.00.760.460.590.110.090.030.920.60.190.890.10.830.60.10.81
0.610.080.050.130.640.430.58-0.220.060.590.40.410.59-0.250.410.640.360.070.180.610.010.920.740.040.36
0.220.8-0.720.790.040.160.00.750.870.110.350.370.11-0.250.53-0.040.220.740.790.140.84-0.01-0.620.820.45
0.310.63-0.260.630.160.170.130.550.660.090.310.480.090.410.530.60.150.20.720.230.590.36-0.160.60.34
0.420.51-0.030.510.340.280.580.420.390.030.340.680.030.64-0.040.6-0.010.030.550.370.440.50.060.470.18
0.830.19-0.390.250.860.910.64-0.20.390.920.780.550.920.360.220.15-0.010.590.250.850.170.640.390.170.83
0.690.73-0.760.770.580.630.490.470.790.60.760.590.60.070.740.20.030.590.710.660.750.43-0.210.740.8
0.540.99-0.580.990.350.410.40.860.960.190.620.720.190.180.790.720.550.250.710.450.970.34-0.460.980.6
0.990.39-0.30.470.990.960.81-0.010.460.890.930.690.890.610.140.230.370.850.660.450.350.840.40.360.9
0.440.99-0.640.980.240.330.350.890.960.10.530.680.10.010.840.590.440.170.750.970.350.19-0.581.00.5
0.840.25-0.220.310.850.680.73-0.150.290.830.660.570.830.92-0.010.360.50.640.430.340.840.190.670.210.64
0.33-0.540.29-0.490.490.290.35-0.81-0.480.60.09-0.030.60.74-0.62-0.160.060.39-0.21-0.460.4-0.580.67-0.570.1
0.451.0-0.630.990.250.340.380.90.960.10.540.70.10.040.820.60.470.170.740.980.361.00.21-0.570.51
0.920.53-0.440.610.870.890.570.20.630.810.970.590.810.360.450.340.180.830.80.60.90.50.640.10.51
Click cells to compare fundamentals

Kuke Music Account Relationship Matchups

Kuke Music fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets503.6M877.4M1.1B246.7M248.5M236.1M
Short Long Term Debt Total69.7M77.5M50.8M77.8M86.3M65.0M
Other Current Liab68.5M85.0M60.8M52.0M85.1M56.5M
Total Current Liabilities179.4M204.3M161.5M180.9M207.1M179.4M
Total Stockholder Equity278.7M656.1M938.7M58.5M21.7M20.7M
Property Plant And Equipment Net14.8M33.1M63.5M16.3M4.3M4.0M
Current Deferred Revenue16.0M24.3M23.5M20.7M6.3M6.0M
Net Debt46.7M51.8M(8.2M)72.4M78.7M82.7M
Accounts Payable34.7M27.3M33.2M35.0M34.8M31.4M
Cash23.0M25.7M59.0M5.4M7.6M7.2M
Non Current Assets Total281.0M638.4M877.8M193.5M194.8M383.5M
Non Currrent Assets Other91.5M95.6M95.0M110.2M22.1M21.0M
Cash And Short Term Investments23.0M25.7M59.0M5.4M7.6M7.2M
Net Receivables185.4M183.8M118.2M19.3M25.1M23.8M
Short Term Investments1.2M89K244K116K133.4K126.7K
Liabilities And Stockholders Equity503.6M877.4M1.1B246.7M248.5M236.1M
Non Current Liabilities Total41.6M11.9M8.6M5.1M17.9M14.0M
Capital Lease Obligations14.7M17.5M3.3M8.8M4.2M4.0M
Inventory1.0M1.8M950K7.3M778K0.0
Other Current Assets12.4M28.5M52.9M27.7M31.9M30.5M
Total Liab221.1M216.2M170.1M186.0M224.9M193.3M
Net Invested Capital333.7M716.1M986.3M127.5M103.9M98.7M
Short Long Term Debt55M60M41.5M69.0M79.1M54.9M
Total Current Assets222.6M239.0M237.5M53.3M53.7M51.1M
Accumulated Other Comprehensive Income278.6M655.9M938.5M58.3M941.2M503.1M
Net Working Capital43.2M34.7M76.0M(127.6M)(153.3M)(145.7M)
Short Term Debt60.2M67.7M44.0M73.2M80.8M59.0M
Intangible Assets168.5M263.1M473.3M66.2M165.3M209.7M
Retained Earnings117.1M100.7M41.1M(853.1M)(918.4M)(872.5M)
Other Stockholder Equity(117.1M)(100.7M)(41.1M)853.1M(1.3M)(1.2M)

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When determining whether Kuke Music Holding is a strong investment it is important to analyze Kuke Music'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 Kuke Music's future performance. For an informed investment choice regarding Kuke Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kuke Music Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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Is Kuke Music'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 Kuke Music. If investors know Kuke 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 Kuke Music 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
4.342
Earnings Share
(0.28)
Revenue Per Share
3.21
Quarterly Revenue Growth
0.276
Return On Assets
(0.08)
The market value of Kuke Music Holding is measured differently than its book value, which is the value of Kuke that is recorded on the company's balance sheet. Investors also form their own opinion of Kuke Music's value that differs from its market value or its book value, called intrinsic value, which is Kuke Music'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 Kuke Music's market value can be influenced by many factors that don't directly affect Kuke Music'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 Kuke Music's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kuke Music is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kuke Music'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.