Lions Good Will vs Accounts Payable Analysis

LGF-A Stock  USD 8.16  0.23  2.90%   
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 Good Will and its Accounts Payable 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.

Good Will vs Accounts Payable

Good Will vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lions Gate Entertainment Good Will account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Lions Gate's Good Will and Accounts Payable is 0.66. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Accounts Payable 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 Good Will and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Lions Gate Entertainment are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Good Will i.e., Lions Gate's Good Will and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Accounts Payable

An accounting item on the balance sheet that represents Lions Gate obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Lions Gate Entertainment are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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.
 2021 2022 2023 2024 (projected)
Gross Profit1.5B1.5B1.8B955.3M
Total Revenue3.6B3.9B4.0B2.1B

Lions Gate fundamental ratios Correlations

0.740.570.510.790.27-0.070.710.020.680.881.00.130.880.20.920.780.870.940.690.170.790.390.840.10.89
0.740.710.850.360.77-0.091.0-0.430.530.70.740.690.720.080.660.920.690.660.530.20.930.760.610.620.53
0.570.710.890.160.66-0.160.69-0.560.30.680.570.640.690.130.420.810.60.390.150.140.80.740.460.550.42
0.510.850.89-0.010.87-0.210.84-0.770.410.550.520.860.570.090.340.890.550.380.220.130.890.930.40.810.31
0.790.360.16-0.01-0.19-0.10.330.60.550.670.79-0.370.66-0.020.920.360.550.710.720.170.33-0.150.62-0.430.82
0.270.770.660.87-0.19-0.220.78-0.770.290.310.260.970.330.080.140.730.30.20.24-0.150.740.850.290.860.02
-0.07-0.09-0.16-0.21-0.1-0.22-0.070.11-0.25-0.19-0.12-0.15-0.20.76-0.24-0.240.250.1-0.40.01-0.09-0.260.280.06-0.1
0.711.00.690.840.330.78-0.07-0.450.510.650.710.710.660.10.620.90.660.630.520.20.920.750.60.640.49
0.02-0.43-0.56-0.770.6-0.770.11-0.450.0-0.070.02-0.88-0.08-0.050.27-0.53-0.180.040.240.06-0.53-0.860.06-0.90.16
0.680.530.30.410.550.29-0.250.510.00.630.680.150.630.00.660.590.460.60.590.030.570.320.540.170.55
0.880.70.680.550.670.31-0.190.65-0.070.630.890.221.0-0.030.830.780.760.780.520.160.740.450.650.120.78
1.00.740.570.520.790.26-0.120.710.020.680.890.130.890.120.930.790.850.930.690.210.790.40.790.090.91
0.130.690.640.86-0.370.97-0.150.71-0.880.150.220.130.240.05-0.030.660.230.070.02-0.070.660.880.140.93-0.1
0.880.720.690.570.660.33-0.20.66-0.080.631.00.890.24-0.030.820.790.760.770.520.160.750.470.650.140.78
0.20.080.130.09-0.020.080.760.1-0.050.0-0.030.120.05-0.03-0.070.010.40.33-0.13-0.190.2-0.070.640.180.02
0.920.660.420.340.920.14-0.240.620.270.660.830.93-0.030.82-0.070.670.680.820.820.180.630.20.69-0.130.88
0.780.920.810.890.360.73-0.240.9-0.530.590.780.790.660.790.010.670.760.690.520.080.970.840.580.60.65
0.870.690.60.550.550.30.250.66-0.180.460.760.850.230.760.40.680.760.840.410.120.760.460.80.280.74
0.940.660.390.380.710.20.10.630.040.60.780.930.070.770.330.820.690.840.660.020.740.290.870.070.86
0.690.530.150.220.720.24-0.40.520.240.590.520.690.020.52-0.130.820.520.410.66-0.210.490.090.58-0.160.58
0.170.20.140.130.17-0.150.010.20.060.030.160.21-0.070.16-0.190.180.080.120.02-0.210.070.17-0.120.060.22
0.790.930.80.890.330.74-0.090.92-0.530.570.740.790.660.750.20.630.970.760.740.490.070.80.680.630.63
0.390.760.740.93-0.150.85-0.260.75-0.860.320.450.40.880.47-0.070.20.840.460.290.090.170.80.190.870.26
0.840.610.460.40.620.290.280.60.060.540.650.790.140.650.640.690.580.80.870.58-0.120.680.190.110.63
0.10.620.550.81-0.430.860.060.64-0.90.170.120.090.930.140.18-0.130.60.280.07-0.160.060.630.870.11-0.08
0.890.530.420.310.820.02-0.10.490.160.550.780.91-0.10.780.020.880.650.740.860.580.220.630.260.63-0.08
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Lions Gate Account Relationship Matchups

Lions Gate fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.0B8.3B9.0B7.4B7.1B3.8B
Short Long Term Debt Total3.2B3.3B4.1B2.0B4.4B4.6B
Other Current Liab441.9M940.6M860.4M1.0B1.2B1.2B
Total Current Liabilities1.5B1.7B2.4B2.6B4.0B4.2B
Total Stockholder Equity2.7B2.8B2.7B784.5M(312.7M)(297.1M)
Property Plant And Equipment Net140.9M91.1M81.2M89.5M477.3M501.2M
Current Deferred Revenue116.6M165.7M174.9M147.2M187.6M134.1M
Net Debt2.9B2.8B3.7B1.7B4.1B4.3B
Retained Earnings(16.9M)(82.9M)(369.7M)(2.4B)(3.6B)(3.4B)
Accounts Payable526.9M501.4M352.1M368.1M327.6M205.5M
Cash318.2M528.7M371.2M272.1M314M160.6M
Non Current Assets Total6.6B7.1B7.9B6.3B5.6B3.0B
Non Currrent Assets Other391.5M434.2M577.6M616.1M3.3B3.4B
Cash And Short Term Investments318.2M528.7M371.2M272.1M314M178.6M
Net Receivables522M383.7M482.7M775.1M1.0B506.1M
Common Stock Total Equity2.9B3.0B3.0B3.1B3.6B3.7B
Common Stock Shares Outstanding217.9M220.5M224.1M227.9M233.6M145.2M
Liabilities And Stockholders Equity8.0B8.3B9.0B7.4B7.1B3.8B
Non Current Liabilities Total3.8B3.8B3.6B3.7B3.3B1.8B
Other Current Assets467.9M260M110.9M71.2M137.5M123.6M
Other Stockholder Equity(206M)(83.3M)2.4B(1.0)(1.15)(1.09)
Total Liab5.3B5.5B6.0B6.3B7.3B7.6B
Property Plant And Equipment Gross277.8M218.1M479.2M513.4M737.5M774.4M
Total Current Assets1.3B1.2B1.1B1.1B1.5B809.9M
Accumulated Other Comprehensive Income(206M)(83.3M)29.3M120.9M116M121.8M
Short Term Debt422.3M299.8M1.0B1.1B2.3B2.4B
Intangible Assets3.2B3.8B4.5B4.2B991.8M1.5B
Common Stock2.9B3.0B3.0B3.1B3.1B3.3B
Other Assets353.1M271.1M2.7B3.4B3.9B4.1B
Inventory13.4M14.3M14.1M79.3M91.2M143.1M
Net Tangible Assets(1.1B)(648.2M)(1.5B)(1.5B)(1.3B)(1.2B)
Long Term Debt2.8B2.9B2.9B2.0B2.2B2.2B
Retained Earnings Total Equity(16.9M)(82.9M)(369.7M)(2.4B)(2.2B)(2.1B)
Long Term Debt Total2.7B2.5B2.2B2.0B2.3B2.0B
Deferred Long Term Liab36.6M40.3M500K31.8M28.6M27.2M
Long Term Investments40.3M31.9M56M64.7M74.8M71.1M
Property Plant Equipment155.3M277.8M91.1M251.9M289.7M304.2M
Other Liab649.5M536.9M738.2M475.7M428.1M595.4M

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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.