| IMAX Stock | | | USD 26.32 0.29 1.11% |
Imax Corp financial indicator trend analysis is infinitely more than just investigating Imax Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Imax Corp is a good investment. Please check the relationship between Imax Corp Common Stock and its Total Current Liabilities accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Imax Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy Imax Stock please use our
How to Invest in Imax Corp guide.
Common Stock vs Total Current Liabilities
Common Stock vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Imax Corp Common Stock account and
Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Imax Corp's Common Stock and Total Current Liabilities is 0.9. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Imax Corp, assuming nothing else is changed. The correlation between historical values of Imax Corp's Common Stock and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Imax Corp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Common Stock i.e., Imax Corp's Common Stock and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.9 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Common Stock
Total Current Liabilities
Total Current Liabilities is an item on Imax Corp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Imax Corp 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.
Most indicators from Imax Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Imax Corp 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 Imax Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy Imax Stock please use our
How to Invest in Imax Corp guide.
Discontinued Operations is likely to rise to about 428.7
K in 2024, whereas
Selling General Administrative is likely to drop slightly above 83.4
M in 2024.
Imax Corp fundamental ratios Correlations
Click cells to compare fundamentals
Imax Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Imax Corp fundamental ratios Accounts
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Additional Tools for Imax Stock Analysis
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measure Imax Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Imax Corp is operating at the current time. Most of Imax Corp's value examination focuses on studying past and present price action to
predict the probability of Imax Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Imax Corp's price. Additionally, you may evaluate how the addition of Imax Corp to your portfolios can decrease your overall portfolio volatility.