Imagicaaworld Selling General Administrative vs Gross Profit 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 Selling General Administrative and its Gross Profit 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.

Selling General Administrative vs Gross Profit

Selling General Administrative vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Imagicaaworld Entertainment Selling General Administrative account and Gross Profit. At this time, the significance of the direction appears to have weak relationship.
The correlation between Imagicaaworld Entertainment's Selling General Administrative and Gross Profit is 0.39. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Gross Profit 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 Selling General Administrative and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Imagicaaworld Entertainment Limited are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Selling General Administrative i.e., Imagicaaworld Entertainment's Selling General Administrative and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

Selling General Administrative

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Imagicaaworld Entertainment Limited minus its cost of goods sold. It is profit before Imagicaaworld Entertainment operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
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.