LGF-A Stock | | | USD 7.55 0.19 2.45% |
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 Payables Turnover and its Days Of Inventory On Hand 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.
Payables Turnover vs Days Of Inventory On Hand
Payables Turnover vs Days Of Inventory On Hand Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lions Gate Entertainment Payables Turnover account and
Days Of Inventory On Hand. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Lions Gate's Payables Turnover and Days Of Inventory On Hand is -0.17. Overlapping area represents the amount of variation of Payables Turnover that can explain the historical movement of Days Of Inventory On Hand 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 Payables Turnover and Days Of Inventory On Hand is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payables Turnover of Lions Gate Entertainment are associated (or correlated) with its Days Of Inventory On Hand. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Of Inventory On Hand has no effect on the direction of Payables Turnover i.e., Lions Gate's Payables Turnover and Days Of Inventory On Hand go up and down completely randomly.
Correlation Coefficient | -0.17 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Payables Turnover
A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.
Days Of Inventory On Hand
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
Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's
Enterprise Value is expected to grow to about 6.7
B, whereas
Tax Provision is forecasted to decline to (78.5
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.