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 Minority Interest 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.
Minority Interest vs Income Before Tax
Minority Interest 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 Minority Interest account and
Income Before Tax. At this time, the significance of the direction appears to have weak relationship.
The correlation between Lions Gate's Minority Interest and Income Before Tax is 0.39. Overlapping area represents the amount of variation of Minority Interest 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 Minority Interest 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 Minority Interest 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 Minority Interest i.e., Lions Gate's Minority Interest and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.39 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Lions Gate Entertainment whose combined shares represent less than 50% of the total outstanding shares issued by Lions Gate have a minority interest in Lions Gate.
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.
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.