Imax Short Term Debt vs Inventory Analysis

IMAX Stock  USD 25.18  0.47  1.90%   
Imax Corp financial indicator trend analysis is infinitely more than just investigating Imax Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Imax Corp is a good investment. Please check the relationship between Imax Corp Short Term Debt and its Inventory accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Imax Corp. 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.
For more information on how to buy Imax Stock please use our How to Invest in Imax Corp guide.

Short Term Debt vs Inventory

Short Term Debt vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Imax Corp Short Term Debt account and Inventory. At this time, the significance of the direction appears to have weak relationship.
The correlation between Imax Corp's Short Term Debt and Inventory is 0.33. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Inventory in the same time period over historical financial statements of Imax Corp, assuming nothing else is changed. The correlation between historical values of Imax Corp's Short Term Debt and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Imax Corp are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Short Term Debt i.e., Imax Corp's Short Term Debt and Inventory go up and down completely randomly.

Correlation Coefficient

0.33
Relationship DirectionPositive 
Relationship StrengthVery Weak

Short Term Debt

Inventory

Most indicators from Imax Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Imax Corp 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Imax Corp. 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.
For more information on how to buy Imax Stock please use our How to Invest in Imax Corp guide.Discontinued Operations is likely to rise to about 428.7 K in 2024, whereas Selling General Administrative is likely to drop slightly above 83.4 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit134.4M156.4M208.8M122.6M
Total Revenue254.9M300.8M374.8M239.6M

Imax Corp fundamental ratios Correlations

0.3-0.130.690.780.96-0.3-0.220.510.760.940.220.760.680.390.260.83-0.050.120.630.550.970.360.120.870.89
0.3-0.50.01-0.330.220.69-0.89-0.030.270.12-0.050.270.57-0.360.890.24-0.730.60.90.750.370.49-0.470.010.06
-0.13-0.50.190.14-0.02-0.160.250.06-0.4-0.01-0.12-0.40.020.18-0.52-0.18-0.16-0.24-0.410.02-0.19-0.890.210.080.05
0.690.010.190.660.71-0.3-0.10.690.420.75-0.040.420.530.690.060.570.04-0.040.310.330.650.17-0.10.810.75
0.78-0.330.140.660.75-0.780.380.460.650.80.270.650.320.63-0.330.690.44-0.220.020.060.740.050.40.820.81
0.960.22-0.020.710.75-0.23-0.220.540.580.980.230.580.690.370.190.8-0.070.080.590.550.880.260.170.860.88
-0.30.69-0.16-0.3-0.78-0.23-0.84-0.12-0.51-0.29-0.18-0.510.32-0.470.57-0.27-0.780.580.470.53-0.320.04-0.54-0.38-0.34
-0.22-0.890.25-0.10.38-0.22-0.84-0.140.06-0.150.130.05-0.680.21-0.74-0.150.84-0.69-0.82-0.82-0.21-0.250.61-0.09-0.14
0.51-0.030.060.690.460.54-0.12-0.140.120.630.190.120.440.65-0.060.410.090.240.250.240.390.11-0.060.70.69
0.760.27-0.40.420.650.58-0.510.060.120.540.21.00.260.190.290.660.18-0.060.430.190.860.540.160.520.53
0.940.12-0.010.750.80.98-0.29-0.150.630.540.310.540.670.450.080.830.040.090.490.490.840.240.210.880.9
0.22-0.05-0.12-0.040.270.23-0.180.130.190.20.310.20.03-0.21-0.150.510.190.17-0.030.080.140.010.610.020.06
0.760.27-0.40.420.650.58-0.510.050.121.00.540.20.270.190.290.660.18-0.050.430.20.860.540.160.520.53
0.680.570.020.530.320.690.32-0.680.440.260.670.030.270.260.320.55-0.570.60.70.920.630.05-0.310.630.67
0.39-0.360.180.690.630.37-0.470.210.650.190.45-0.210.190.26-0.320.170.32-0.16-0.09-0.060.350.0-0.20.770.71
0.260.89-0.520.06-0.330.190.57-0.74-0.060.290.08-0.150.290.32-0.320.11-0.60.260.850.50.350.64-0.470.010.02
0.830.24-0.180.570.690.8-0.27-0.150.410.660.830.510.660.550.170.110.090.290.460.460.780.330.320.630.66
-0.05-0.73-0.160.040.44-0.07-0.780.840.090.180.040.190.18-0.570.32-0.60.09-0.5-0.63-0.79-0.080.170.510.070.03
0.120.6-0.24-0.04-0.220.080.58-0.690.24-0.060.090.17-0.050.6-0.160.260.29-0.50.450.650.080.04-0.410.020.1
0.630.9-0.410.310.020.590.47-0.820.250.430.49-0.030.430.7-0.090.850.46-0.630.450.790.660.53-0.360.40.44
0.550.750.020.330.060.550.53-0.820.240.190.490.080.20.92-0.060.50.46-0.790.650.790.520.01-0.30.370.43
0.970.37-0.190.650.740.88-0.32-0.210.390.860.840.140.860.630.350.350.78-0.080.080.660.520.410.070.810.82
0.360.49-0.890.170.050.260.04-0.250.110.540.240.010.540.050.00.640.330.170.040.530.010.41-0.20.180.17
0.12-0.470.21-0.10.40.17-0.540.61-0.060.160.210.610.16-0.31-0.2-0.470.320.51-0.41-0.36-0.30.07-0.2-0.04-0.02
0.870.010.080.810.820.86-0.38-0.090.70.520.880.020.520.630.770.010.630.070.020.40.370.810.18-0.040.99
0.890.060.050.750.810.88-0.34-0.140.690.530.90.060.530.670.710.020.660.030.10.440.430.820.17-0.020.99
Click cells to compare fundamentals

Imax Corp Account Relationship Matchups

Imax Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets889.1M997.8M883.2M821.2M814.7M547.3M
Short Long Term Debt Total18.2M305.7M226.1M263.0M252.1M264.7M
Other Current Liab94.6M(206.3M)111.9M117.3M2.7M2.6M
Total Current Liabilities227.7M208.2M211.6M249.6M119.1M178.7M
Total Stockholder Equity547.7M385.5M356.1M263.4M273.1M195.5M
Property Plant And Equipment Net306.8M277.4M260.4M252.9M243.3M134.6M
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
Non Current Assets Total458.8M401.7M359.5M370.3M366.8M262.9M
Non Currrent Assets Other25.0M21.7M17.8M15.7M26.7M26.3M
Cash And Short Term Investments109.5M317.4M189.7M97.4M76.2M97.8M
Net Receivables267.6M228.6M295.3M309.6M327.8M344.1M
Common Stock Shares Outstanding61.5M59.2M59.1M56.7M55.1M54.1M
Liabilities And Stockholders Equity889.1M997.8M883.2M821.2M814.7M547.3M
Non Current Liabilities Total18.2M324.8M241.3M241.8M146.5M118.3M
Inventory43.0M39.6M26.9M31.5M31.6M31.1M
Other Current Assets10.2M10.4M(56.7M)(43.3M)(35.0M)(33.2M)
Other Stockholder Equity167.8M180.3M174.6M185.7M578.1M607.0M
Total Liab246.0M533.0M452.9M491.4M469.1M325.3M
Property Plant And Equipment Gross306.8M277.4M512.3M519.3M512.8M538.4M
Total Current Assets430.3M596.0M523.8M450.8M400.6M282.7M
Accumulated Other Comprehensive Income(3.2M)988K6.5M(5.9M)176.9M185.8M
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
Common Stock Total Equity423.4M407.0M410.0M376.7M433.2M267.8M
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
Property Plant Equipment306.8M277.4M260.4M252.9M290.8M150.4M
Current Deferred Revenue94.6M88.0M81.3M70.9M67.1M86.2M
Net Tangible Assets484.2M321.0M294.0M178.5M205.3M380.8M
Noncontrolling Interest In Consolidated Entity89.5M78.5M73.5M65.7M75.5M52.4M
Retained Earnings Total Equity(40.3M)(202.8M)(235.0M)(293.1M)(263.8M)(250.6M)
Capital Surpluse171.8M180.3M174.6M185.7M213.5M141.0M

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