IMAX Stock | | | USD 24.71 0.06 0.24% |
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 Total Revenue and its Net Income 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.
Total Revenue vs Net Income
Total Revenue vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Imax Corp Total Revenue account and
Net Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Imax Corp's Total Revenue and Net Income is 0.58. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Net Income 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 Total Revenue and Net 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 Total Revenue of Imax Corp are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Total Revenue i.e., Imax Corp's Total Revenue and Net Income go up and down completely randomly.
Correlation Coefficient | 0.58 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Revenue
Total revenue comprises all receipts Imax Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Imax Corp financial statement analysis. It represents the amount of money remaining after all of Imax Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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 Profit | 134.4M | 156.4M | 208.8M | 122.6M | Total Revenue | 254.9M | 300.8M | 374.8M | 239.6M |
Imax Corp fundamental ratios Correlations
Click cells to compare fundamentals
Imax Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Imax Corp fundamental ratios Accounts
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