LGF-A Stock | | | USD 7.94 0.22 2.70% |
Lions Gate financial indicator trend analysis is infinitely more than just investigating Lions Gate Entertainment recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lions Gate Entertainment is a good investment. Please check the relationship between Lions Gate Days Sales Outstanding and its Capex To Depreciation accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lions Gate Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Days Sales Outstanding vs Capex To Depreciation
Days Sales Outstanding vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lions Gate Entertainment Days Sales Outstanding account and
Capex To Depreciation. At this time, the significance of the direction appears to have strong relationship.
The correlation between Lions Gate's Days Sales Outstanding and Capex To Depreciation is 0.78. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Lions Gate Entertainment, assuming nothing else is changed. The correlation between historical values of Lions Gate's Days Sales Outstanding and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Sales Outstanding of Lions Gate Entertainment are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Days Sales Outstanding i.e., Lions Gate's Days Sales Outstanding and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | 0.78 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Days Sales Outstanding
Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.
Most indicators from Lions Gate's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lions Gate Entertainment 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lions Gate Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At present, Lions Gate's
Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's
Enterprise Value is expected to grow to about 6.7
B, whereas
Selling General Administrative is forecasted to decline to about 249.1
M.
Lions Gate fundamental ratios Correlations
Click cells to compare fundamentals
Lions Gate Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lions Gate fundamental ratios Accounts
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Other Information on Investing in Lions Stock
Balance Sheet is a snapshot of the
financial position of Lions Gate Entertainment at a specified time, usually calculated after every quarter, six months, or one year. Lions Gate Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Lions Gate 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 Lions currently owns. An asset can also be divided into two categories, current and non-current.