Kuke Long Term Debt vs Current Deferred Revenue Analysis

KUKE Stock  USD 2.60  0.14  5.11%   
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 Long Term Debt and its Current Deferred Revenue 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.

Long Term Debt vs Current Deferred Revenue

Long Term Debt vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kuke Music Holding Long Term Debt account and Current Deferred Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Kuke Music's Long Term Debt and Current Deferred Revenue is -0.41. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Current Deferred Revenue 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 Long Term Debt 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 Long Term Debt of Kuke Music Holding 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 Long Term Debt i.e., Kuke Music's Long Term Debt and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.41
Relationship DirectionNegative 
Relationship StrengthVery Weak

Long Term Debt

Long-term debt is a debt that Kuke Music Holding has held for over one year. Long-term debt appears on Kuke Music Holding balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Kuke Music Holding balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

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 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.
As of May 5, 2024, Tax Provision is expected to decline to about 4.7 M. In addition to that, Selling General Administrative is expected to decline to about 74.5 M
 2021 2022 2023 2024 (projected)
Depreciation And Amortization7.3M40.3M46.3M48.6M
Interest Income79K34K30.6K29.1K

Kuke Music fundamental ratios Correlations

0.51-0.280.590.980.90.70.110.530.840.950.570.840.580.250.380.370.830.710.590.990.470.810.330.480.97
0.51-0.80.990.330.550.920.870.960.110.580.970.110.060.80.470.730.290.730.980.431.00.23-0.521.00.37
-0.28-0.8-0.78-0.12-0.44-0.73-0.73-0.88-0.13-0.39-0.78-0.130.29-0.96-0.18-0.22-0.35-0.82-0.75-0.22-0.850.00.57-0.83-0.24
0.590.99-0.780.410.620.940.850.960.190.660.970.190.110.780.480.730.350.770.990.510.980.3-0.450.990.45
0.980.33-0.120.410.860.56-0.090.360.90.90.40.90.610.080.280.220.840.620.410.990.290.830.470.290.98
0.90.55-0.440.620.860.790.260.630.70.970.670.70.210.410.230.280.880.770.610.90.520.510.020.520.9
0.70.92-0.730.940.560.790.740.90.310.80.950.310.030.710.270.610.510.840.910.650.910.29-0.420.910.59
0.110.87-0.730.85-0.090.260.740.81-0.330.280.82-0.33-0.260.740.320.72-0.090.470.830.020.87-0.18-0.80.88-0.05
0.530.96-0.880.960.360.630.90.810.210.610.970.21-0.010.890.490.590.450.780.960.460.970.22-0.490.960.44
0.840.11-0.130.190.90.70.31-0.330.210.730.171.00.60.080.21-0.120.880.580.20.880.10.840.650.090.92
0.950.58-0.390.660.90.970.80.280.610.730.650.730.360.360.290.390.810.770.650.940.540.630.10.550.92
0.570.97-0.780.970.40.670.950.820.970.170.650.170.00.80.460.680.420.730.960.490.960.2-0.520.960.46
0.840.11-0.130.190.90.70.31-0.330.211.00.730.170.60.080.21-0.120.880.580.20.880.10.840.650.090.92
0.580.060.290.110.610.210.03-0.26-0.010.60.360.00.6-0.270.60.360.270.050.190.580.00.920.770.020.54
0.250.8-0.960.780.080.410.710.740.890.080.360.80.08-0.270.290.280.340.730.770.180.84-0.03-0.570.820.21
0.380.47-0.180.480.280.230.270.320.490.210.290.460.210.60.290.670.240.090.590.310.420.530.130.430.31
0.370.73-0.220.730.220.280.610.720.59-0.120.390.68-0.120.360.280.67-0.070.180.780.290.670.28-0.290.70.17
0.830.29-0.350.350.840.880.51-0.090.450.880.810.420.880.270.340.24-0.070.670.360.840.280.580.290.260.92
0.710.73-0.820.770.620.770.840.470.780.580.770.730.580.050.730.090.180.670.710.680.750.41-0.170.740.68
0.590.98-0.750.990.410.610.910.830.960.20.650.960.20.190.770.590.780.360.710.510.960.35-0.40.970.45
0.990.43-0.220.510.990.90.650.020.460.880.940.490.880.580.180.310.290.840.680.510.390.820.390.390.99
0.471.0-0.850.980.290.520.910.870.970.10.540.960.10.00.840.420.670.280.750.960.390.19-0.541.00.34
0.810.230.00.30.830.510.29-0.180.220.840.630.20.840.92-0.030.530.280.580.410.350.820.190.70.20.8
0.33-0.520.57-0.450.470.02-0.42-0.8-0.490.650.1-0.520.650.77-0.570.13-0.290.29-0.17-0.40.39-0.540.7-0.540.41
0.481.0-0.830.990.290.520.910.880.960.090.550.960.090.020.820.430.70.260.740.970.391.00.2-0.540.34
0.970.37-0.240.450.980.90.59-0.050.440.920.920.460.920.540.210.310.170.920.680.450.990.340.80.410.34
Click cells to compare fundamentals

Kuke Music Account Relationship Matchups

Kuke Music fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets503.6M877.4M1.1B246.7M283.8M269.6M
Short Long Term Debt Total69.7M77.5M50.8M77.8M89.5M60.0M
Other Current Liab68.5M85.0M60.8M52.0M46.8M54.6M
Total Current Liabilities179.4M204.3M161.5M180.9M208.0M171.3M
Total Stockholder Equity278.7M656.1M938.7M58.5M67.2M63.9M
Property Plant And Equipment Net14.8M33.1M63.5M16.3M18.7M25.2M
Current Deferred Revenue16.0M24.3M23.5M20.7M23.8M20.1M
Net Debt46.7M51.8M(8.2M)72.4M83.3M87.4M
Accounts Payable34.7M27.3M33.2M35.0M40.3M30.3M
Cash23.0M25.7M59.0M5.4M6.2M5.9M
Non Current Assets Total281.0M638.4M877.8M193.5M222.5M411.8M
Non Currrent Assets Other91.5M95.6M95.0M110.2M126.8M79.4M
Cash And Short Term Investments23.0M25.7M59.0M5.4M6.2M5.9M
Net Receivables185.4M183.8M118.2M19.3M17.4M16.5M
Short Term Investments1.2M89K244K116K133.4K126.7K
Liabilities And Stockholders Equity503.6M877.4M1.1B246.7M283.8M269.6M
Non Current Liabilities Total41.6M11.9M8.6M5.1M5.8M5.5M
Capital Lease Obligations14.7M17.5M3.3M8.8M10.1M9.3M
Inventory1.8M950K7.3M778K894.7K850.0K
Other Current Assets12.4M28.5M52.9M27.7M31.9M30.5M
Total Liab221.1M216.2M170.1M186.0M213.8M184.3M
Net Invested Capital333.7M716.1M986.3M127.5M146.6M139.3M
Short Long Term Debt55M60M41.5M69.0M79.4M49.5M
Total Current Assets222.6M239.0M237.5M53.3M47.9M45.5M
Accumulated Other Comprehensive Income278.6M655.9M938.5M58.3M67.0M63.7M
Net Working Capital43.2M34.7M76.0M(127.6M)(114.9M)(109.1M)
Short Term Debt60.2M67.7M44.0M73.2M84.1M54.0M
Intangible Assets168.5M263.1M473.3M66.2M76.1M72.3M
Retained Earnings117.1M100.7M41.1M(853.1M)(767.8M)(729.4M)
Other Stockholder Equity(117.1M)(100.7M)(41.1M)853.1M981.1M1.0B
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Kuke Music in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Kuke Music's short interest history, or implied volatility extrapolated from Kuke Music options trading.

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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 Transaction History module to view history of all your transactions and understand their impact on performance.

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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
(3.99)
Revenue Per Share
3.247
Quarterly Revenue Growth
(0.05)
Return On Assets
(0.13)
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.