Prime Capital Expenditures vs Net Income Analysis

PFOCUS Stock   132.88  4.03  3.13%   
Prime Focus financial indicator trend analysis is much more than just breaking down Prime Focus Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Prime Focus Limited is a good investment. Please check the relationship between Prime Focus Capital Expenditures and its Net Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prime Focus Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Capital Expenditures vs Net Income

Capital Expenditures vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Prime Focus Limited Capital Expenditures account and Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Prime Focus' Capital Expenditures and Net Income is -0.09. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Net Income in the same time period over historical financial statements of Prime Focus Limited, assuming nothing else is changed. The correlation between historical values of Prime Focus' Capital Expenditures and Net 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 Capital Expenditures of Prime Focus Limited are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Capital Expenditures i.e., Prime Focus' Capital Expenditures and Net Income go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Capital Expenditures

Capital Expenditures are funds used by Prime Focus Limited to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Prime Focus operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Prime Focus Limited financial statement analysis. It represents the amount of money remaining after all of Prime Focus Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Prime Focus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Prime Focus Limited 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prime Focus Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
At present, Prime Focus' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 17 M, whereas Tax Provision is projected to grow to (933 M).
 2021 2022 2023 2024 (projected)
Gross Profit31.6B43.0B35.7B20.0B
Total Revenue33.7B46.3B39.3B23.9B

Prime Focus fundamental ratios Correlations

0.970.690.7-0.210.830.97-0.750.690.610.840.790.540.760.570.40.930.430.270.990.960.610.5-0.720.610.66
0.970.580.71-0.390.831.0-0.760.560.680.810.810.560.680.510.410.910.40.250.990.950.490.54-0.710.670.56
0.690.580.27-0.020.430.61-0.320.560.150.50.720.50.440.130.490.730.05-0.060.670.70.44-0.14-0.740.090.35
0.70.710.27-0.280.870.68-0.850.710.90.850.490.260.80.630.020.450.250.270.730.550.680.68-0.10.940.65
-0.21-0.39-0.02-0.28-0.22-0.390.440.19-0.37-0.19-0.5-0.48-0.060.0-0.41-0.310.130.04-0.34-0.20.17-0.30.26-0.360.12
0.830.830.430.87-0.220.81-0.770.810.810.950.70.580.810.650.390.70.210.240.840.710.710.62-0.430.740.65
0.971.00.610.68-0.390.81-0.740.560.630.790.830.570.670.490.430.930.40.250.990.960.480.51-0.750.640.56
-0.75-0.76-0.32-0.850.44-0.77-0.74-0.59-0.77-0.86-0.63-0.5-0.89-0.73-0.32-0.62-0.45-0.47-0.8-0.58-0.65-0.710.26-0.79-0.72
0.690.560.560.710.190.810.56-0.590.510.840.510.370.810.620.260.530.220.170.650.550.850.4-0.310.480.73
0.610.680.150.9-0.370.810.63-0.770.510.720.440.340.660.530.080.390.050.150.650.490.520.67-0.070.910.45
0.840.810.50.85-0.190.950.79-0.860.840.720.730.610.940.730.450.730.350.390.850.690.790.59-0.430.680.8
0.790.810.720.49-0.50.70.83-0.630.510.440.730.840.550.390.770.870.070.090.830.740.370.2-0.760.380.35
0.540.560.50.26-0.480.580.57-0.50.370.340.610.840.450.360.970.71-0.070.10.590.450.330.18-0.640.120.27
0.760.680.440.8-0.060.810.67-0.890.810.660.940.550.450.750.30.610.490.50.750.570.840.59-0.280.630.88
0.570.510.130.630.00.650.49-0.730.620.530.730.390.360.750.230.420.480.730.550.380.70.6-0.080.560.79
0.40.410.490.02-0.410.390.43-0.320.260.080.450.770.970.30.230.65-0.090.070.450.340.210.01-0.66-0.130.17
0.930.910.730.45-0.310.70.93-0.620.530.390.730.870.710.610.420.650.370.220.930.930.430.35-0.90.340.52
0.430.40.050.250.130.210.4-0.450.220.050.350.07-0.070.490.48-0.090.370.750.390.390.420.36-0.210.270.69
0.270.25-0.060.270.040.240.25-0.470.170.150.390.090.10.50.730.070.220.750.260.160.50.30.00.270.73
0.990.990.670.73-0.340.840.99-0.80.650.650.850.830.590.750.550.450.930.390.260.940.580.54-0.720.640.63
0.960.950.70.55-0.20.710.96-0.580.550.490.690.740.450.570.380.340.930.390.160.940.430.38-0.820.490.51
0.610.490.440.680.170.710.48-0.650.850.520.790.370.330.840.70.210.430.420.50.580.430.44-0.150.510.88
0.50.54-0.140.68-0.30.620.51-0.710.40.670.590.20.180.590.60.010.350.360.30.540.380.44-0.040.670.52
-0.72-0.71-0.74-0.10.26-0.43-0.750.26-0.31-0.07-0.43-0.76-0.64-0.28-0.08-0.66-0.9-0.210.0-0.72-0.82-0.15-0.040.01-0.24
0.610.670.090.94-0.360.740.64-0.790.480.910.680.380.120.630.56-0.130.340.270.270.640.490.510.670.010.5
0.660.560.350.650.120.650.56-0.720.730.450.80.350.270.880.790.170.520.690.730.630.510.880.52-0.240.5
Click cells to compare fundamentals

Prime Focus Account Relationship Matchups

Prime Focus fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets50.1B53.6B56.8B67.8B71.3B74.8B
Short Long Term Debt Total34.9B40.2B41.0B48.9B48.6B51.0B
Other Current Liab5.3M3.1B5.6B8.0B8.2B8.6B
Total Current Liabilities25.1B32.5B33.8B16.5B23.4B12.4B
Total Stockholder Equity3.9B2.7B1.1B251.8M5.2B4.1B
Property Plant And Equipment Net14.3B14.4B13.7B15.2B14.3B8.1B
Net Debt31.2B35.4B38.6B47.4B47.2B49.6B
Retained Earnings(8.3B)(8.7B)(10.4B)(9.0B)(5.4B)(5.1B)
Accounts Payable2.0B2.0B2.3B2.3B2.5B1.4B
Cash2.6B3.7B2.4B1.5B1.4B1.1B
Non Current Assets Total33.8B35.9B38.7B44.5B40.1B20.8B
Non Currrent Assets Other2.4B4.4B9.5B15.1B7.0B7.4B
Cash And Short Term Investments2.6B3.8B2.4B15.7B2.9B2.5B
Good Will10.8B10.7B11.0B11.7B11.9B6.4B
Short Term Investments43M114.9M18.4M14.1B1.5B1.5B
Liabilities And Stockholders Equity50.1B53.6B56.8B67.8B71.3B74.8B
Non Current Liabilities Total20.3B17.6B21.1B49.7B40.1B42.1B
Other Current Assets3.7B2.0B2.8B2.4B5.8B6.1B
Total Liab45.4B50.2B54.9B66.3B63.5B66.7B
Total Current Assets16.4B17.7B18.1B23.3B31.2B32.7B
Accumulated Other Comprehensive Income2.8B1.9B2.1B(182.4M)(1.0B)(1.1B)
Current Deferred Revenue7.6B3.9B2.9B2.5B2.3B2.5B
Short Term Debt15.5B23.4B22.6B6.0B10.1B9.3B
Intangible Assets5.1B5.3B5.0B5.2B6.8B4.3B
Net Receivables10.1B12.0B12.9B18.4B22.4B23.5B
Other Liab976M906.8M1.4B5.5B5.0B5.2B
Net Tangible Assets(12.0B)(13.3B)(14.9B)(16.7B)(15.0B)(15.8B)
Other Assets4.0B5.9B9.4B925.9M1.1B1.0B
Long Term Debt11.9B7.0B10.3B34.7B31.5B33.1B
Short Long Term Debt13.8B19.4B20.3B4.1B7.8B9.9B
Property Plant Equipment13.8B14.0B13.2B15.2B17.5B11.5B
Long Term Debt Total19.3B16.7B18.4B42.9B49.3B51.8B
Capital Surpluse9.2B9.2B9.2B9.2B8.3B7.4B
Capital Lease Obligations9.2B11.3B10.4B10.1B9.3B7.9B
Non Current Liabilities Other7.5M5.0M4.5M3.7M2.0M1.9M

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Other Information on Investing in Prime Stock

Balance Sheet is a snapshot of the financial position of Prime Focus Limited at a specified time, usually calculated after every quarter, six months, or one year. Prime Focus Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Prime Focus 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 Prime currently owns. An asset can also be divided into two categories, current and non-current.