Thinkingdom Ebit vs Operating Income Analysis

603096 Stock   22.36  2.03  9.99%   
Thinkingdom Media financial indicator trend analysis is much more than just breaking down Thinkingdom Media prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Thinkingdom Media is a good investment. Please check the relationship between Thinkingdom Media Ebit and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Thinkingdom Media Group. 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.

Ebit vs Operating Income

Ebit vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Thinkingdom Media Ebit account and Operating Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Thinkingdom Media's Ebit and Operating Income is 0.64. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Operating Income in the same time period over historical financial statements of Thinkingdom Media Group, assuming nothing else is changed. The correlation between historical values of Thinkingdom Media's Ebit and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Thinkingdom Media Group are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Ebit i.e., Thinkingdom Media's Ebit and Operating Income go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

Ebit

Operating Income

Operating Income is the amount of profit realized from Thinkingdom Media operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Thinkingdom Media Group is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Thinkingdom Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Thinkingdom Media 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Thinkingdom Media Group. 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.
The current year's Selling General Administrative is expected to grow to about 128.5 M. The current year's Tax Provision is expected to grow to about 52 M
 2021 2022 2023 2024 (projected)
Operating Income214.3M197.6M189.5M213.8M
Total Revenue921.6M937.5M900.6M883.9M

Thinkingdom Media fundamental ratios Correlations

0.320.851.00.970.70.80.790.740.80.870.470.860.680.910.6-0.440.980.4-0.560.660.79-0.970.960.360.85
0.320.630.30.14-0.040.020.190.30.640.46-0.010.53-0.060.22-0.110.090.280.90.210.430.01-0.450.40.04-0.01
0.850.630.830.750.630.680.650.680.750.870.390.980.40.720.41-0.110.780.7-0.40.610.61-0.880.830.120.53
1.00.30.830.980.690.790.790.730.80.860.470.850.690.910.6-0.460.990.38-0.560.660.79-0.970.970.370.86
0.970.140.750.980.770.810.820.670.70.780.480.80.760.930.69-0.510.970.22-0.660.650.87-0.920.920.40.9
0.7-0.040.630.690.770.660.790.50.320.510.280.750.670.820.82-0.390.69-0.03-0.830.550.93-0.650.580.320.65
0.80.020.680.790.810.660.570.710.360.740.570.710.450.610.49-0.370.740.21-0.710.460.63-0.70.740.070.73
0.790.190.650.790.820.790.570.570.690.590.040.720.910.890.92-0.540.840.1-0.670.730.91-0.820.770.70.86
0.740.30.680.730.670.50.710.570.550.770.270.660.450.60.39-0.220.660.45-0.320.580.48-0.670.670.270.55
0.80.640.750.80.70.320.360.690.550.730.130.70.60.720.41-0.330.820.58-0.130.610.5-0.890.870.50.65
0.870.460.870.860.780.510.740.590.770.730.560.840.410.660.35-0.290.80.6-0.350.620.53-0.860.870.090.63
0.47-0.010.390.470.480.280.570.040.270.130.560.40.040.22-0.09-0.350.390.19-0.190.280.23-0.370.43-0.540.31
0.860.530.980.850.80.750.710.720.660.70.840.40.480.780.52-0.180.810.59-0.520.640.72-0.880.820.150.58
0.68-0.060.40.690.760.670.450.910.450.60.410.040.480.80.9-0.610.76-0.17-0.60.530.85-0.70.680.710.88
0.910.220.720.910.930.820.610.890.60.720.660.220.780.80.79-0.480.930.21-0.660.710.93-0.880.830.60.82
0.6-0.110.410.60.690.820.490.920.390.410.35-0.090.520.90.79-0.530.67-0.22-0.810.520.91-0.610.560.720.79
-0.440.09-0.11-0.46-0.51-0.39-0.37-0.54-0.22-0.33-0.29-0.35-0.18-0.61-0.48-0.53-0.520.250.47-0.58-0.540.44-0.5-0.37-0.71
0.980.280.780.990.970.690.740.840.660.820.80.390.810.760.930.67-0.520.32-0.590.670.83-0.970.970.480.9
0.40.90.70.380.22-0.030.210.10.450.580.60.190.59-0.170.21-0.220.250.320.20.39-0.02-0.470.43-0.14-0.03
-0.560.21-0.4-0.56-0.66-0.83-0.71-0.67-0.32-0.13-0.35-0.19-0.52-0.6-0.66-0.810.47-0.590.2-0.34-0.830.52-0.49-0.34-0.69
0.660.430.610.660.650.550.460.730.580.610.620.280.640.530.710.52-0.580.670.39-0.340.66-0.660.620.380.57
0.790.010.610.790.870.930.630.910.480.50.530.230.720.850.930.91-0.540.83-0.02-0.830.66-0.760.710.530.82
-0.97-0.45-0.88-0.97-0.92-0.65-0.7-0.82-0.67-0.89-0.86-0.37-0.88-0.7-0.88-0.610.44-0.97-0.470.52-0.66-0.76-0.99-0.41-0.83
0.960.40.830.970.920.580.740.770.670.870.870.430.820.680.830.56-0.50.970.43-0.490.620.71-0.990.390.87
0.360.040.120.370.40.320.070.70.270.50.09-0.540.150.710.60.72-0.370.48-0.14-0.340.380.53-0.410.390.57
0.85-0.010.530.860.90.650.730.860.550.650.630.310.580.880.820.79-0.710.9-0.03-0.690.570.82-0.830.870.57
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Thinkingdom Media Account Relationship Matchups

Thinkingdom Media fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.1B2.2B2.2B2.2B2.2B1.6B
Other Current Liab55.3M49.7M50.6M50.5M58.1M65.6M
Total Current Liabilities156.3M155.1M203.9M179.1M142.8M162.2M
Total Stockholder Equity1.9B2.0B1.9B2.0B2.0B1.4B
Retained Earnings806.3M924.5M955.3M997.2M950.2M603.0M
Accounts Payable52.8M58.1M132.0M104.8M88.2M71.0M
Cash369.0M894.2M828.9M514.3M294.2M413.2M
Other Assets9.0M9.4M21.0M22.5M25.9M27.2M
Net Receivables106.1M134.9M117.1M119.8M127.6M119.7M
Inventory268.0M260.5M272.9M241.3M192.5M236.4M
Other Current Assets240.0M215.8M208.0M230.0M4.6M4.4M
Total Liab156.5M155.1M238.9M203.3M157.5M169.2M
Intangible Assets22.3M21.8M21.4M55.4M51.1M53.6M
Property Plant Equipment3.9M67.6M200.3M197.9M227.6M239.0M
Net Tangible Assets1.9B2.0B1.9B1.9B2.2B1.7B
Good Will61.5M11.7M19.1M8.8M7.9M7.5M
Other Stockholder Equity4.0M(10.6M)(16.9M)(8.1M)(7.3M)(6.9M)
Deferred Long Term Liab1.4M677.6K3.1M3.0M3.5M2.1M
Non Current Assets Total137.3M221.3M460.2M465.9M440.1M284.7M
Non Currrent Assets Other692.4K2.0M198.2K299.0K269.1K255.6K
Total Current Assets2.0B2.0B1.7B1.7B1.7B1.8B
Net Invested Capital1.9B2.0B1.9B2.0B2.0B2.1B
Net Working Capital1.8B1.9B1.5B1.6B1.6B1.8B

Currently Active Assets on Macroaxis

Other Information on Investing in Thinkingdom Stock

Balance Sheet is a snapshot of the financial position of Thinkingdom Media at a specified time, usually calculated after every quarter, six months, or one year. Thinkingdom Media Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Thinkingdom Media and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Thinkingdom currently owns. An asset can also be divided into two categories, current and non-current.