Kartoon Non Current Assets Total vs Net Debt Analysis
| TOON Stock | 0.60 0.03 4.76% |
Kartoon Studios, financial indicator trend analysis is infinitely more than just investigating Kartoon Studios, recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kartoon Studios, is a good investment. Please check the relationship between Kartoon Studios, Non Current Assets Total and its Net Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Kartoon Studios,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Kartoon Stock, please use our How to Invest in Kartoon Studios, guide.
Non Current Assets Total vs Net Debt
Non Current Assets Total vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kartoon Studios, Non Current Assets Total account and Net Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Kartoon Studios,'s Non Current Assets Total and Net Debt is 0.67. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Net Debt in the same time period over historical financial statements of Kartoon Studios,, assuming nothing else is changed. The correlation between historical values of Kartoon Studios,'s Non Current Assets Total and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Kartoon Studios, are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Non Current Assets Total i.e., Kartoon Studios,'s Non Current Assets Total and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.67 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most indicators from Kartoon Studios,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kartoon Studios, 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Kartoon Studios,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Kartoon Stock, please use our How to Invest in Kartoon Studios, guide.As of the 12th of December 2024, Tax Provision is likely to grow to about (924.4 K). In addition to that, Selling General Administrative is likely to drop to about 31.3 M
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 40.0M | 38.0M | 83.0M | 42.1M | Cost Of Revenue | 22.9M | 47.3M | 40.4M | 25.9M |
Kartoon Studios, fundamental ratios Correlations
Click cells to compare fundamentals
Kartoon Studios, Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Kartoon Studios,
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Kartoon Studios, position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Kartoon Studios, will appreciate offsetting losses from the drop in the long position's value.Moving against Kartoon Stock
| 0.81 | T | ATT Inc Sell-off Trend | PairCorr |
| 0.8 | RSVR | Reservoir Media | PairCorr |
| 0.73 | SE | Sea | PairCorr |
| 0.72 | EA | Electronic Arts | PairCorr |
| 0.71 | DIS | Walt Disney Sell-off Trend | PairCorr |
The ability to find closely correlated positions to Kartoon Studios, could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kartoon Studios, when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Kartoon Studios, - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Kartoon Studios, to buy it.
The correlation of Kartoon Studios, is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kartoon Studios, moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kartoon Studios, moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Kartoon Studios, can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Kartoon Studios,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Kartoon Stock, please use our How to Invest in Kartoon Studios, guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kartoon Studios,. If investors know Kartoon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kartoon Studios, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.13) | Revenue Per Share 0.925 | Quarterly Revenue Growth (0.24) | Return On Assets (0.11) | Return On Equity (0.82) |
The market value of Kartoon Studios, is measured differently than its book value, which is the value of Kartoon that is recorded on the company's balance sheet. Investors also form their own opinion of Kartoon Studios,'s value that differs from its market value or its book value, called intrinsic value, which is Kartoon Studios,'s true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kartoon Studios,'s market value can be influenced by many factors that don't directly affect Kartoon Studios,'s underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kartoon Studios,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Kartoon Studios, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kartoon Studios,'s price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.