| 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 Cost Of Revenue 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 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.
Cost Of Revenue vs Income Before Tax
Cost Of Revenue vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Imax Corp Cost Of Revenue account and
Income Before Tax. At this time, the significance of the direction appears to have weak relationship.
The correlation between Imax Corp's Cost Of Revenue and Income Before Tax is 0.39. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Income Before Tax 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 Cost Of Revenue 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 Cost Of Revenue of Imax Corp 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 Cost Of Revenue i.e., Imax Corp's Cost Of Revenue and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.39 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Cost Of Revenue
Cost of Revenue is found on Imax Corp income statement and represents the costs associated with goods and services Imax Corp provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Imax Corp income statement and is an important metric when analyzing Imax Corp 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 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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