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 Total Other Income Expense Net and its Net Income 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.
Total Other Income Expense Net vs Net Income
Total Other Income Expense Net vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Imagicaaworld Entertainment Total Other Income Expense Net account and
Net Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Imagicaaworld Entertainment's Total Other Income Expense Net and Net Income is 0.9. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Net Income 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 Total Other Income Expense Net and Net Income 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 Other Income Expense Net of Imagicaaworld Entertainment Limited are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Total Other Income Expense Net i.e., Imagicaaworld Entertainment's Total Other Income Expense Net and Net Income go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Other Income Expense Net
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Imagicaaworld Entertainment financial statement analysis. It represents the amount of money remaining after all of Imagicaaworld Entertainment Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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.
Imagicaaworld Entertainment fundamental ratios Correlations
Click cells to compare fundamentals
Imagicaaworld Entertainment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Imagicaaworld Entertainment fundamental ratios Accounts
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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.