Studio Total Current Liabilities vs Non Current Assets Total Analysis
MSC Stock | USD 8.00 0.37 4.85% |
Studio City financial indicator trend analysis is much more than just breaking down Studio City International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Studio City International is a good investment. Please check the relationship between Studio City Total Current Liabilities and its Non Current Assets Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Studio City International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
Total Current Liabilities vs Non Current Assets Total
Total Current Liabilities vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Studio City International Total Current Liabilities account and Non Current Assets Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Studio City's Total Current Liabilities and Non Current Assets Total is -0.05. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Studio City International, assuming nothing else is changed. The correlation between historical values of Studio City's Total Current Liabilities and Non Current Assets 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 Total Current Liabilities of Studio City International are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Current Liabilities i.e., Studio City's Total Current Liabilities and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | -0.05 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Current Liabilities
Total Current Liabilities is an item on Studio City balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Studio City International are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Most indicators from Studio City's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Studio City International 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 Studio City International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. At present, Studio City's Enterprise Value Multiple is projected to slightly grow based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Minority Interest | 49.4M | 34.9M | 12.6M | 11.9M | Interest Income | 81.7M | 83.5M | 10.4M | 9.9M |
Studio City fundamental ratios Correlations
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Studio City Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Studio City fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 60.5M | 73.7M | 92.6M | 177.6M | 192.6M | 99.8M | |
Total Assets | 2.7B | 3.1B | 3.3B | 3.6B | 3.2B | 3.4B | |
Other Current Liab | 92.0M | 161.3M | 251.4M | 244M | 130.0M | 163.3M | |
Total Current Liabilities | 100.2M | 164.9M | 254.7M | 247.4M | 156.8M | 183.3M | |
Total Stockholder Equity | 1.2B | 1.3B | 944.2M | 876.1M | 666.1M | 769.8M | |
Other Liab | 4.6M | 12.2M | 17.8M | 22.0M | 19.8M | 11.5M | |
Net Tangible Assets | 772.5M | 939.9M | 674.5M | 690.6M | 621.5M | 602.8M | |
Property Plant And Equipment Net | 2.1B | 2.2B | 2.6B | 2.9B | 2.8B | 2.7B | |
Net Debt | 1.1B | 1.0B | 1.6B | 1.9B | 2.1B | 1.5B | |
Retained Earnings | (764.5M) | (1.1B) | (1.3B) | (1.7B) | (1.8B) | (1.7B) | |
Accounts Payable | 3.3M | 206K | 211K | 501K | 21.3M | 22.3M | |
Cash | 299.4M | 573.2M | 499.3M | 509.5M | 228.0M | 418.7M | |
Non Current Assets Total | 2.3B | 2.4B | 2.8B | 3.0B | 2.9B | 2.9B | |
Non Currrent Assets Other | 57.2M | 86.8M | 69.8M | 46.5M | 26.9M | 28.2M | |
Other Assets | 57.2M | 117.7M | 69.8M | 48.5M | 1.0 | 0.95 | |
Long Term Debt | 1.4B | 1.6B | 2.1B | 2.4B | 2.3B | 2.1B | |
Cash And Short Term Investments | 299.4M | 573.2M | 499.3M | 509.5M | 228.0M | 419.9M | |
Net Receivables | 63.4M | 35.2M | 15.9M | 484K | 43.3M | 30.9M | |
Non Current Liabilities Total | 1.5B | 1.6B | 2.1B | 2.5B | 2.4B | 2.1B | |
Inventory | 9.8M | 9.3M | 5.8M | 5.1M | 5.8M | 6.5M | |
Other Current Assets | 14.2M | 11.5M | 42.6M | 38.7M | 39.0M | 50.3M | |
Other Stockholder Equity | 1.9B | 2.4B | 2.3B | 2.6B | 2.5B | 2.3B | |
Total Liab | 1.6B | 1.8B | 2.4B | 2.7B | 2.5B | 2.4B | |
Total Current Assets | 414.4M | 629.2M | 563.7M | 553.8M | 316.1M | 396.0M | |
Short Term Debt | 895K | 995K | 899K | 1.1M | 1.1M | 1.0M | |
Intangible Assets | 118.9M | 120.1M | 114.9M | 110.0M | 105.3M | 95.8M | |
Property Plant Equipment | 2.1B | 2.2B | 2.6B | 3.0B | 3.4B | 2.7B | |
Short Long Term Debt Total | 1.4B | 1.6B | 2.1B | 2.4B | 2.3B | 2.1B | |
Current Deferred Revenue | 3.9M | 2.4M | 2.3M | 1.8M | 4.4M | 2.8M | |
Long Term Debt Total | 1.4B | 1.6B | 2.1B | 2.4B | 2.8B | 2.0B | |
Liabilities And Stockholders Equity | 2.7B | 3.1B | 3.3B | 3.6B | 3.2B | 3.4B | |
Deferred Long Term Liab | 1.3M | 885K | 440K | 389K | 350.1K | 332.6K | |
Accumulated Other Comprehensive Income | 269K | 15.8M | (6.1M) | (11.7M) | (12.7M) | (12.0M) | |
Non Current Liabilities Other | 3.1M | 11.8M | 17.8M | 21.6M | 3.2M | 3.0M | |
Cash And Equivalents | 299.4M | 575.2M | 499.3M | 509.5M | 586.0M | 458.0M | |
Net Invested Capital | 2.6B | 2.9B | 3.0B | 3.3B | 3.1B | 3.2B |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Studio City International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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Is Studio City'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 Studio City. If investors know Studio 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 Studio City 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 13.252 | Earnings Share (0.57) | Revenue Per Share 2.826 | Quarterly Revenue Growth 1.918 | Return On Assets 0.0029 |
The market value of Studio City International is measured differently than its book value, which is the value of Studio that is recorded on the company's balance sheet. Investors also form their own opinion of Studio City's value that differs from its market value or its book value, called intrinsic value, which is Studio City'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 Studio City's market value can be influenced by many factors that don't directly affect Studio City'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 Studio City's value and its price as these two are different measures arrived at by different means. Investors typically determine if Studio City is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Studio City'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.