Thinkingdom Minority Interest vs Cost Of Revenue 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 Minority Interest and its Cost Of Revenue 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.

Minority Interest vs Cost Of Revenue

Minority Interest vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Thinkingdom Media Minority Interest account and Cost Of Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Thinkingdom Media's Minority Interest and Cost Of Revenue is -0.42. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Cost Of Revenue 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 Minority Interest and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of Thinkingdom Media Group are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Minority Interest i.e., Thinkingdom Media's Minority Interest and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.42
Relationship DirectionNegative 
Relationship StrengthVery Weak

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Thinkingdom Media Group whose combined shares represent less than 50% of the total outstanding shares issued by Thinkingdom Media have a minority interest in Thinkingdom Media.

Cost Of Revenue

Cost of Revenue is found on Thinkingdom Media income statement and represents the costs associated with goods and services Thinkingdom Media 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.
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.