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 Net Invested Capital and its Property Plant Equipment 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.
Net Invested Capital vs Property Plant Equipment
Net Invested Capital vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Thinkingdom Media Net Invested Capital account and
Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between Thinkingdom Media's Net Invested Capital and Property Plant Equipment is 0.79. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Property Plant Equipment 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 Net Invested Capital and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Thinkingdom Media Group are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Invested Capital i.e., Thinkingdom Media's Net Invested Capital and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Property Plant Equipment
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
MThinkingdom Media fundamental ratios Correlations
Click cells to compare fundamentals
Thinkingdom Media Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thinkingdom Media fundamental ratios Accounts
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.