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 Operating Income 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 Operating Income
Gross Profit vs Operating Income 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
Operating Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Lions Gate's Gross Profit and Operating Income is -0.01. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Operating Income 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 Operating 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 Gross Profit of Lions Gate Entertainment are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Gross Profit i.e., Lions Gate's Gross Profit and Operating Income go up and down completely randomly.
Correlation Coefficient | -0.01 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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.
Operating Income
Operating Income is the amount of profit realized from Lions Gate Entertainment operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Lions Gate Entertainment is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
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 Profit | 1.5B | 1.5B | 1.8B | 955.3M | Total Revenue | 3.6B | 3.9B | 4.0B | 2.1B |
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
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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.