| 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 Other Current Assets and its Cash And Short Term Investments 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.
Other Current Assets vs Cash And Short Term Investments
Other Current Assets vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Imax Corp Other Current Assets account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Imax Corp's Other Current Assets and Cash And Short Term Investments is -0.08. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Cash And Short Term Investments 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 Other Current Assets and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Imax Corp are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Other Current Assets i.e., Imax Corp's Other Current Assets and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.08 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Imax Corp balance sheet. This account contains Imax Corp investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Imax Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
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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