Imagicaaworld Ebit vs Income Before Tax Analysis

IMAGICAA   74.81  1.86  2.43%   
Imagicaaworld Entertainment financial indicator trend analysis is infinitely more than just investigating Imagicaaworld Entertainment recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Imagicaaworld Entertainment is a good investment. Please check the relationship between Imagicaaworld Entertainment Ebit and its Income Before Tax accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Imagicaaworld Entertainment Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Ebit vs Income Before Tax

Ebit vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Imagicaaworld Entertainment Ebit account and Income Before Tax. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Imagicaaworld Entertainment's Ebit and Income Before Tax is 0.98. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Imagicaaworld Entertainment Limited, assuming nothing else is changed. The correlation between historical values of Imagicaaworld Entertainment's Ebit and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Imagicaaworld Entertainment Limited are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Ebit i.e., Imagicaaworld Entertainment's Ebit and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Ebit

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Imagicaaworld Entertainment income statement and is an important metric when analyzing Imagicaaworld Entertainment profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from Imagicaaworld Entertainment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Imagicaaworld Entertainment 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Imagicaaworld Entertainment Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
The current year's Tax Provision is expected to grow to about 22.7 M, whereas Selling General Administrative is forecasted to decline to about 52.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit958.5M2.2B2.2B1.9B
Total Revenue720.4M2.5B2.6B2.1B

Imagicaaworld Entertainment fundamental ratios Correlations

0.39-0.48-0.550.570.920.190.610.320.530.970.830.40.530.270.240.790.270.020.10.66-0.550.73-0.310.08-0.52
0.390.40.33-0.510.50.950.020.26-0.10.390.08-0.47-0.10.140.780.37-0.11-0.170.910.20.280.64-0.820.510.37
-0.480.40.89-0.92-0.470.44-0.710.22-0.22-0.57-0.47-0.52-0.230.040.23-0.51-0.150.150.74-0.010.79-0.07-0.260.470.99
-0.550.330.89-0.88-0.560.39-0.860.32-0.27-0.63-0.61-0.45-0.270.350.16-0.74-0.090.340.64-0.050.98-0.09-0.070.520.91
0.57-0.51-0.92-0.880.45-0.610.64-0.050.460.580.640.720.460.06-0.420.460.290.03-0.770.28-0.810.10.39-0.44-0.92
0.920.5-0.47-0.560.450.370.760.120.30.950.740.080.30.070.330.880.11-0.320.170.4-0.570.72-0.560.06-0.5
0.190.950.440.39-0.610.37-0.060.2-0.40.26-0.11-0.57-0.40.060.770.27-0.23-0.190.88-0.10.340.5-0.810.610.44
0.610.02-0.71-0.860.640.76-0.06-0.450.220.690.610.010.22-0.380.140.84-0.05-0.64-0.310.09-0.860.24-0.39-0.4-0.76
0.320.260.220.32-0.050.120.2-0.450.120.250.230.430.130.65-0.14-0.130.550.730.320.380.310.550.20.560.27
0.53-0.1-0.22-0.270.460.3-0.40.220.120.330.590.421.00.23-0.170.230.40.11-0.130.89-0.280.290.18-0.44-0.31
0.970.39-0.57-0.630.580.950.260.690.250.330.780.350.330.160.270.860.2-0.080.050.45-0.630.71-0.360.1-0.59
0.830.08-0.47-0.610.640.74-0.110.610.230.590.780.430.590.060.020.670.41-0.05-0.130.61-0.640.43-0.12-0.14-0.53
0.4-0.47-0.52-0.450.720.08-0.570.010.430.420.350.430.430.34-0.50.110.370.62-0.550.38-0.420.060.68-0.06-0.49
0.53-0.1-0.23-0.270.460.3-0.40.220.131.00.330.590.430.23-0.170.230.390.12-0.140.89-0.280.290.19-0.45-0.31
0.270.140.040.350.060.070.06-0.380.650.230.160.060.340.23-0.12-0.320.320.670.150.480.430.370.250.490.09
0.240.780.230.16-0.420.330.770.14-0.14-0.170.270.02-0.5-0.17-0.120.38-0.25-0.260.670.040.130.31-0.750.270.19
0.790.37-0.51-0.740.460.880.270.84-0.130.230.860.670.110.23-0.320.38-0.01-0.460.050.23-0.790.52-0.52-0.15-0.56
0.27-0.11-0.15-0.090.290.11-0.23-0.050.550.40.20.410.370.390.32-0.25-0.010.27-0.140.36-0.070.40.36-0.18-0.15
0.02-0.170.150.340.03-0.32-0.19-0.640.730.11-0.08-0.050.620.120.67-0.26-0.460.27-0.020.310.380.090.570.460.22
0.10.910.740.64-0.770.170.88-0.310.32-0.130.05-0.13-0.55-0.140.150.670.05-0.14-0.020.180.560.46-0.70.60.71
0.660.2-0.01-0.050.280.4-0.10.090.380.890.450.610.380.890.480.040.230.360.310.18-0.080.47-0.020.0-0.08
-0.550.280.790.98-0.81-0.570.34-0.860.31-0.28-0.63-0.64-0.42-0.280.430.13-0.79-0.070.380.56-0.08-0.10.00.480.82
0.730.64-0.07-0.090.10.720.50.240.550.290.710.430.060.290.370.310.520.40.090.460.47-0.1-0.40.26-0.08
-0.31-0.82-0.26-0.070.39-0.56-0.81-0.390.20.18-0.36-0.120.680.190.25-0.75-0.520.360.57-0.7-0.020.0-0.4-0.31-0.22
0.080.510.470.52-0.440.060.61-0.40.56-0.440.1-0.14-0.06-0.450.490.27-0.15-0.180.460.60.00.480.26-0.310.54
-0.520.370.990.91-0.92-0.50.44-0.760.27-0.31-0.59-0.53-0.49-0.310.090.19-0.56-0.150.220.71-0.080.82-0.08-0.220.54
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Imagicaaworld Entertainment Account Relationship Matchups

Imagicaaworld Entertainment fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.3B9.3B8.7B11.1B11.0B10.6B
Short Long Term Debt Total10.8B10.8B10.8B8.1B2.5B2.4B
Other Current Liab2.8B4.4B6.3B427.5M222.7M211.6M
Total Current Liabilities13.8B15.5B17.3B6.6B3.0B2.9B
Total Stockholder Equity(3.5B)(6.2B)(8.6B)2.4B7.9B8.3B
Property Plant And Equipment Net9.0B8.1B7.2B8.0B7.3B8.6B
Net Debt10.7B10.7B10.7B7.5B1.5B1.4B
Retained Earnings(12.8B)(15.5B)(18.0B)(14.4B)(9.0B)(9.4B)
Accounts Payable224.8M319.1M253.5M228.8M237.3M273.2M
Cash21.3M26.8M52.2M605.4M999.8M1.0B
Non Current Assets Total9.2B8.2B7.3B10.0B9.4B9.4B
Non Currrent Assets Other51.3M33.9M(38K)9.5M187.7M120.4M
Other Assets27.1M24.2M27.5M2.0B2.3B2.4B
Cash And Short Term Investments21.3M26.8M52.2M705.1M999.8M1.0B
Net Receivables48.4M20.1M33.5M45.9M41.3M44.4M
Liabilities And Stockholders Equity10.3B9.3B8.7B11.1B11.0B10.6B
Non Current Liabilities Total14.8M7.3M5.3M2.1B897K852.2K
Other Current Assets190.9M230.6M162.2M201.5M368.3M253.0M
Other Stockholder Equity8.5B8.5B8.4B10.2B12.0B8.9B
Total Liab13.8B15.5B17.3B8.7B3.0B2.9B
Total Current Assets1.1B1.1B1.4B1.0B1.6B1.2B
Accumulated Other Comprehensive Income(6.9B)39.1M42.9M2.5B51.0M53.6M
Short Term Debt10.8B10.8B10.8B5.9B2.5B2.4B
Intangible Assets136.4M92.8M56.5M26.3M14.2M13.4M
Inventory838.0M823.6M1.1B148.9M159.8M151.8M
Current Deferred Revenue2.8B4.3B6.2B59.3M49.5M47.0M
Short Term Investments8.6M99.7M43.7M99.8M394K374.3K
Other Liab14.8M7.3M5.3M1.1M1.0M975.6K
Net Tangible Assets(3.7B)(6.3B)(8.7B)(74.7M)(67.2M)(70.6M)
Short Long Term Debt10.8B10.8B10.8B5.9B2.5B2.4B
Property Plant Equipment9.0B8.1B7.2B8.0B7.2B7.9B
Net Invested Capital7.3B4.6B2.2B10.4B10.5B6.9B
Net Working Capital(12.7B)(14.4B)(15.9B)(5.5B)(1.5B)(1.5B)

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Other Information on Investing in Imagicaaworld Stock

Balance Sheet is a snapshot of the financial position of Imagicaaworld Entertainment at a specified time, usually calculated after every quarter, six months, or one year. Imagicaaworld Entertainment Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Imagicaaworld Entertainment and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Imagicaaworld currently owns. An asset can also be divided into two categories, current and non-current.