Lions Gross Profit vs Income Before Tax Analysis

LGF-A Stock  USD 8.08  0.14  1.76%   
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 Gross Profit and its Income Before Tax 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.

Gross Profit vs Income Before Tax

Gross Profit vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lions Gate Entertainment Gross Profit account and Income Before Tax. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Lions Gate's Gross Profit and Income Before Tax is -0.23. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Income Before Tax 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 Gross Profit and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Lions Gate Entertainment are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Gross Profit i.e., Lions Gate's Gross Profit and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.23
Relationship DirectionNegative 
Relationship StrengthInsignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Lions Gate Entertainment minus its cost of goods sold. It is profit before Lions Gate operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Lions Gate income statement and is an important metric when analyzing Lions Gate Entertainment profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
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.