Imax Corp Financials

IMAX Stock  USD 25.19  0.48  1.94%   
Based on the analysis of Imax Corp's profitability, liquidity, and operating efficiency, Imax Corp is performing exceptionally good at this time. It has a great probability to report excellent financial results in December. At this time, Imax Corp's Other Liabilities is fairly stable compared to the past year. Other Assets is likely to rise to about 91.4 M in 2024, whereas Total Assets are likely to drop slightly above 547.3 M in 2024. Key indicators impacting Imax Corp's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.520.9228
Way Down
Pretty Stable
Current Ratio3.533.363
Sufficiently Up
Slightly volatile
The financial analysis of Imax Corp is a critical element in measuring its lifeblood. Investors should not minimize Imax Corp's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

26.6 Million

  
Understanding current and past Imax Corp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Imax Corp's financial statements are interrelated, with each one affecting the others. For example, an increase in Imax Corp's assets may result in an increase in income on the income statement.

Imax Corp Earnings Geography

Please note, the imprecision that can be found in Imax Corp's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Imax Corp. Check Imax Corp's Beneish M Score to see the likelihood of Imax Corp's management manipulating its earnings.

Imax Corp Stock Summary

Imax Corp competes with Marcus, Dave Busters, AMC Networks, News Corp, and Liberty Media. IMAX Corporation, together with its subsidiaries, operates as an entertainment technology company worldwide. IMAX Corporation was founded in 1967 and is headquartered in Mississauga, Canada. Imax Corp operates under Entertainment classification in the United States and is traded on New York Stock Exchange. It employs 665 people.
Specialization
Communication Services, Media & Entertainment
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINCA45245E1097
CUSIP45245E109
LocationOntario; Canada
Business Address2525 Speakman Drive,
SectorEntertainment
IndustryCommunication Services
BenchmarkDow Jones Industrial
Websitewww.imax.com
Phone905 403 6500
CurrencyUSD - US Dollar

Imax Corp Key Financial Ratios

Imax Corp Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets889.1M997.8M883.2M821.2M814.7M547.3M
Other Current Liab94.6M(206.3M)111.9M117.3M2.7M2.6M
Net Debt(91.3M)(11.7M)36.4M165.6M175.9M184.6M
Retained Earnings(40.3M)(202.8M)(235.0M)(293.1M)(292.8M)(278.2M)
Accounts Payable20.4M20.8M15.9M25.2M26.4M17.4M
Cash109.5M317.4M189.7M97.4M76.2M94.0M
Net Receivables267.6M228.6M295.3M309.6M327.8M344.1M
Inventory43.0M39.6M26.9M31.5M31.6M31.1M
Other Current Assets10.2M10.4M(56.7M)(43.3M)(35.0M)(33.2M)
Total Liab246.0M533.0M452.9M491.4M469.1M325.3M
Total Current Assets430.3M596.0M523.8M450.8M400.6M282.7M
Short Term Debt18.2M305.7M2.5M36.1M22.9M21.8M
Intangible Assets48.3M32.0M27.3M38.0M35.0M26.7M
Common Stock423.4M407.0M410.0M376.7M389.0M241.1M
Other Liab140.6M145.0M98.9M91.2M104.8M115.0M
Other Assets267.7M241.8M78.1M77.3M47.3M91.4M
Long Term Debt18.2M305.7M223.6M226.9M229.1M240.6M
Net Tangible Assets484.2M321.0M294.0M178.5M205.3M380.8M
Capital Surpluse171.8M180.3M174.6M185.7M213.5M141.0M

Imax Corp Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
201920202021202220232024 (projected)
Interest Expense2.8M7.0M7.1M5.9M6.8M4.0M
Total Revenue395.7M137.0M254.9M300.8M374.8M239.6M
Gross Profit214.2M21.5M134.4M156.4M208.8M122.6M
Operating Income77.3M(98.6M)7.0M9.1M50.4M52.9M
Ebit77.3M(122.1M)18.1M(3.9M)52.9M29.6M
Ebitda143.0M(69.4M)74.2M52.8M113.0M67.9M
Cost Of Revenue181.5M115.5M120.5M144.5M166.1M117.0M
Income Before Tax75.3M(129.1M)11.0M(9.8M)46.1M48.4M
Net Income46.9M(155.6M)(9.6M)(19.9M)25.3M26.6M
Income Tax Expense16.8M26.5M20.6M10.1M13.1M8.1M
Research Development5.2M5.6M6.9M5.3M10.1M8.0M
Non Recurring3.3M22.7M(5.7M)8.5M9.8M7.8M
Minority Interest11.7M(13.7M)(12.8M)2.9M(8.4M)(8.0M)
Tax Provision16.8M26.5M20.6M10.1M16.9M13.6M
Interest Income2.1M2.4M2.2M1.4M2.1M1.9M
Net Interest Income(688K)(4.6M)(4.9M)(4.4M)(4.5M)(4.3M)

Imax Corp Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Imax Corp. It measures of how well Imax is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Imax Corp brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Imax had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Imax Corp has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change To Inventory1.9M1.6M11.5M(5.5M)(285K)(299.3K)
Change In Cash(32.1M)207.9M(127.7M)(92.3M)(21.2M)(20.1M)
Free Cash Flow39.5M(32.3M)(11.7M)(15.3M)43.8M46.0M
Depreciation63.5M53.6M56.1M56.7M60.0M38.2M
Other Non Cash Items(16.1M)38.9M(4.8M)19.9M12.9M13.6M
Capital Expenditures50.8M9.3M17.8M32.6M14.8M26.5M
Net Income58.6M(157.5M)(9.6M)(19.9M)25.3M26.6M
End Period Cash Flow109.5M317.4M189.7M97.4M76.2M92.9M
Dividends Paid2.4M4.2M883K2.7M3.1M3.0M
Change To Netincome14.5M57.1M34.6M15.5M17.8M23.8M
Net Borrowings(20M)286.5M(80.3M)32.0M36.8M21.5M
Investments(15.2M)(9.3M)17.8M(53.3M)(31.5M)(33.1M)

Imax Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Imax Corp's current stock value. Our valuation model uses many indicators to compare Imax Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Imax Corp competition to find correlations between indicators driving Imax Corp's intrinsic value. More Info.
Imax Corp is rated fourth overall in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.38  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Imax Corp is roughly  2.64 . At this time, Imax Corp's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Imax Corp's earnings, one of the primary drivers of an investment's value.

Imax Corp's Earnings Breakdown by Geography

Imax Corp Systematic Risk

Imax Corp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Imax Corp volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Imax Corp correlated with the market. If Beta is less than 0 Imax Corp generally moves in the opposite direction as compared to the market. If Imax Corp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Imax Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Imax Corp is generally in the same direction as the market. If Beta > 1 Imax Corp moves generally in the same direction as, but more than the movement of the benchmark.

Imax Corp Thematic Clasifications

Imax Corp is part of several thematic ideas from Compulsion to Consumer Goods. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Imax Corp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Imax Corp's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Imax Corp growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.14)

At this time, Imax Corp's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Imax Corp November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Imax Corp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Imax Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Imax Corp based on widely used predictive technical indicators. In general, we focus on analyzing Imax Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Imax Corp's daily price indicators and compare them against related drivers.

Additional Tools for Imax Stock Analysis

When running Imax Corp's price analysis, check to 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.