National Inventory Turnover vs Capex To Depreciation Analysis

NCMI Stock  USD 6.95  0.09  1.31%   
National CineMedia financial indicator trend analysis is infinitely more than just investigating National CineMedia recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether National CineMedia is a good investment. Please check the relationship between National CineMedia Inventory Turnover and its Capex To Depreciation accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National CineMedia. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For more detail on how to invest in National Stock please use our How to Invest in National CineMedia guide.

Inventory Turnover vs Capex To Depreciation

Inventory Turnover vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National CineMedia Inventory Turnover account and Capex To Depreciation. At this time, the significance of the direction appears to have very strong relationship.
The correlation between National CineMedia's Inventory Turnover and Capex To Depreciation is 0.85. Overlapping area represents the amount of variation of Inventory Turnover that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of National CineMedia, assuming nothing else is changed. The correlation between historical values of National CineMedia's Inventory Turnover and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory Turnover of National CineMedia are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Inventory Turnover i.e., National CineMedia's Inventory Turnover and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.
Most indicators from National CineMedia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into National CineMedia 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 National CineMedia. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For more detail on how to invest in National Stock please use our How to Invest in National CineMedia guide.As of now, National CineMedia's Sales General And Administrative To Revenue is increasing as compared to previous years. The National CineMedia's current Enterprise Value Over EBITDA is estimated to increase to 9.46, while Selling General Administrative is projected to decrease to under 36.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit96.2M222M85.1M80.8M
Total Revenue114.6M249.2M165.2M268.2M

National CineMedia fundamental ratios Correlations

0.66-0.02-0.110.51-0.05-0.20.680.830.830.580.730.780.240.620.380.980.250.640.380.65-0.230.67-0.090.140.83
0.66-0.06-0.170.19-0.4-0.450.590.420.540.560.730.50.120.50.130.660.270.550.150.79-0.480.6-0.17-0.150.62
-0.02-0.06-0.410.520.320.10.240.21-0.380.23-0.25-0.470.280.34-0.060.00.26-0.38-0.09-0.06-0.14-0.370.150.53-0.1
-0.11-0.17-0.410.050.320.33-0.78-0.1-0.03-0.69-0.270.11-0.06-0.82-0.45-0.15-0.33-0.51-0.530.190.85-0.50.7-0.42-0.11
0.510.190.520.050.570.310.280.630.210.160.060.220.450.290.060.50.23-0.070.070.370.24-0.050.290.420.51
-0.05-0.40.320.320.570.67-0.310.12-0.29-0.29-0.52-0.260.6-0.26-0.29-0.02-0.07-0.48-0.33-0.070.67-0.490.360.5-0.12
-0.2-0.450.10.330.310.67-0.36-0.06-0.29-0.44-0.61-0.250.16-0.360.01-0.140.15-0.410.0-0.340.65-0.410.10.17-0.1
0.680.590.24-0.780.28-0.31-0.360.60.540.880.660.420.220.980.610.710.470.80.660.28-0.760.81-0.580.350.61
0.830.420.21-0.10.630.12-0.060.60.610.560.360.570.50.630.470.840.370.480.410.36-0.110.450.140.460.61
0.830.54-0.38-0.030.21-0.29-0.290.540.610.380.770.98-0.050.440.360.820.00.710.420.58-0.180.74-0.19-0.090.85
0.580.560.23-0.690.16-0.29-0.440.880.560.380.560.270.340.870.570.630.490.70.580.21-0.690.7-0.480.330.45
0.730.73-0.25-0.270.06-0.52-0.610.660.360.770.560.74-0.090.540.220.70.030.710.280.69-0.510.78-0.39-0.320.67
0.780.5-0.470.110.22-0.26-0.250.420.570.980.270.74-0.050.310.290.77-0.080.650.350.59-0.060.68-0.1-0.180.82
0.240.120.28-0.060.450.60.160.220.5-0.050.34-0.09-0.050.29-0.040.320.190.07-0.110.160.130.040.170.63-0.02
0.620.50.34-0.820.29-0.26-0.360.980.630.440.870.540.310.290.590.640.460.740.630.17-0.770.73-0.50.490.49
0.380.13-0.06-0.450.06-0.290.010.610.470.360.570.220.29-0.040.590.420.560.660.97-0.32-0.410.62-0.560.180.44
0.980.660.0-0.150.5-0.02-0.140.710.840.820.630.70.770.320.640.420.340.650.410.63-0.220.68-0.160.180.84
0.250.270.26-0.330.23-0.070.150.470.370.00.490.03-0.080.190.460.560.340.30.51-0.06-0.350.29-0.230.280.26
0.640.55-0.38-0.51-0.07-0.48-0.410.80.480.710.70.710.650.070.740.660.650.30.710.21-0.650.99-0.620.080.58
0.380.15-0.09-0.530.07-0.330.00.660.410.420.580.280.35-0.110.630.970.410.510.71-0.28-0.460.68-0.630.150.51
0.650.79-0.060.190.37-0.07-0.340.280.360.580.210.690.590.160.17-0.320.63-0.060.21-0.28-0.050.30.17-0.210.6
-0.23-0.48-0.140.850.240.670.65-0.76-0.11-0.18-0.69-0.51-0.060.13-0.77-0.41-0.22-0.35-0.65-0.46-0.05-0.650.6-0.13-0.17
0.670.6-0.37-0.5-0.05-0.49-0.410.810.450.740.70.780.680.040.730.620.680.290.990.680.3-0.65-0.650.020.63
-0.09-0.170.150.70.290.360.1-0.580.14-0.19-0.48-0.39-0.10.17-0.5-0.56-0.16-0.23-0.62-0.630.170.6-0.650.03-0.24
0.14-0.150.53-0.420.420.50.170.350.46-0.090.33-0.32-0.180.630.490.180.180.280.080.15-0.21-0.130.020.03-0.01
0.830.62-0.1-0.110.51-0.12-0.10.610.610.850.450.670.82-0.020.490.440.840.260.580.510.6-0.170.63-0.24-0.01
Click cells to compare fundamentals

National CineMedia Account Relationship Matchups

National CineMedia fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B886.2M817.4M792.4M567.7M885.6M
Other Current Liab88.5M26.7M37.7M44.6M26.9M25.6M
Total Current Liabilities119.5M50M69.8M1.2B58.4M55.5M
Total Stockholder Equity(121.2M)(268.6M)(383.5M)(515.3M)434.5M456.2M
Accounts Payable20.7M13.7M16.3M25M21.7M17.8M
Other Assets179.6M168.8M32M640.6M736.7M773.5M
Total Liab1.3B1.2B1.2B1.3B133.2M126.5M
Intangible Assets684.5M643.7M627.8M606.3M394.3M456.2M
Property Plant Equipment33.2M27.5M21.3M13M15.0M26.2M
Short Long Term Debt Total926.6M1.1B1.1B1.1B16M15.2M
Other Liab199.6M183.8M94.5M16.4M14.8M14.0M
Property Plant And Equipment Net33.2M27.5M21.3M13M20.1M26.8M
Current Deferred Revenue7.3M7.6M5.1M12.6M9.8M7.4M
Net Debt870.7M872M996.3M1.1B(24.6M)(23.4M)
Cash55.9M180.3M101.2M61.7M34.6M32.9M
Non Current Assets Total875.7M686.3M659M628M423.9M708.9M
Non Currrent Assets Other28.2M25.7M25.1M27.1M8.8M8.4M
Long Term Debt920.9M923.9M1.0B1.1B11.5M10.9M
Cash And Short Term Investments80.9M181.8M102.5M62.4M34.6M32.9M
Net Receivables177.4M16.2M53M92M96.6M121.9M
Common Stock Shares Outstanding7.8M7.8M8.0M8.2M48.6M51.0M
Liabilities And Stockholders Equity1.1B886.2M817.4M792.4M567.7M931.8M
Non Current Liabilities Total1.1B1.1B1.1B53.3M74.8M71.1M
Other Stockholder Equity49.1M(207.5M)(195.5M)(1.0)115.3M121.1M
Property Plant And Equipment Gross33.2M27.5M81.2M67.8M17.4M33.7M
Total Current Assets254.3M199.9M158.4M164.4M143.8M205.3M
Accumulated Other Comprehensive Income(62.5M)(209.2M)(207.5M)(195.5M)(146.2M)0.0
Retained Earnings(171.1M)(266.4M)(332M)(370.4M)316.6M332.4M
Short Term Investments13.1M24M17.5M300K700K0.0
Inventory(7.5M)(1.2M)(1M)2.1M1.9M2.0M
Net Tangible Assets(1.0B)(1.1B)(1.1B)(1.1B)(991.8M)(1.0B)
Noncontrolling Interest In Consolidated Entity258.3M204.5M143.2M51.3M59.0M56.0M
Retained Earnings Total Equity(171.1M)(266.4M)(332M)(370.4M)(333.4M)(316.7M)
Long Term Debt Total920.9M923.9M1.0B1.1B1.3B1.0B

Currently Active Assets on Macroaxis

When determining whether National CineMedia offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of National CineMedia's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of National Cinemedia Stock. Outlined below are crucial reports that will aid in making a well-informed decision on National Cinemedia Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National CineMedia. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For more detail on how to invest in National Stock please use our How to Invest in National CineMedia guide.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Advertising space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of National CineMedia. If investors know National will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about National CineMedia listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.67)
Earnings Share
(7.34)
Revenue Per Share
2.546
Quarterly Revenue Growth
1.526
Return On Assets
(0.02)
The market value of National CineMedia is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National CineMedia's value that differs from its market value or its book value, called intrinsic value, which is National CineMedia's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because National CineMedia's market value can be influenced by many factors that don't directly affect National CineMedia's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between National CineMedia's value and its price as these two are different measures arrived at by different means. Investors typically determine if National CineMedia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National CineMedia's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.