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 Income Tax Expense and its Other Operating Expenses 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.
Income Tax Expense vs Other Operating Expenses
Income Tax Expense vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lions Gate Entertainment Income Tax Expense account and
Other Operating Expenses. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Lions Gate's Income Tax Expense and Other Operating Expenses is -0.25. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Other Operating Expenses 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 Income Tax Expense and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Lions Gate Entertainment are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Income Tax Expense i.e., Lions Gate's Income Tax Expense and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.25 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Income Tax Expense
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Lions Gate Entertainment. It is also known as Lions Gate overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
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.