Touchwood Net Income vs Investments Analysis

TOUCHWOOD   92.22  0.83  0.91%   
Touchwood Entertainment financial indicator trend analysis is much more than just breaking down Touchwood Entertainment prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Touchwood Entertainment is a good investment. Please check the relationship between Touchwood Entertainment Net Income and its Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Touchwood Entertainment 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 rate.

Net Income vs Investments

Net Income vs Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Touchwood Entertainment Net Income account and Investments. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Touchwood Entertainment's Net Income and Investments is -0.7. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Investments in the same time period over historical financial statements of Touchwood Entertainment Limited, assuming nothing else is changed. The correlation between historical values of Touchwood Entertainment's Net Income and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Touchwood Entertainment Limited are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Net Income i.e., Touchwood Entertainment's Net Income and Investments go up and down completely randomly.

Correlation Coefficient

-0.7
Relationship DirectionNegative 
Relationship StrengthWeak

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Touchwood Entertainment financial statement analysis. It represents the amount of money remaining after all of Touchwood Entertainment Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Most indicators from Touchwood Entertainment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Touchwood 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Touchwood Entertainment 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 rate.
As of the 27th of February 2025, Selling General Administrative is likely to grow to about 53.8 M, while Tax Provision is likely to drop about 8.7 M.
 2022 2023 2024 2025 (projected)
Interest Expense559K530K609.5K1.1M
Depreciation And Amortization6.1M5.2M6.0M4.4M

Touchwood Entertainment fundamental ratios Correlations

0.850.520.530.990.70.11-0.950.980.120.980.620.070.970.720.570.960.10.570.661.00.430.75-0.020.80.52
0.850.580.430.840.69-0.2-0.740.82-0.050.830.660.090.850.470.550.920.00.420.560.830.620.47-0.050.930.45
0.520.580.730.460.72-0.47-0.430.520.460.440.780.530.440.560.220.50.10.230.760.490.510.250.270.390.58
0.530.430.730.430.520.01-0.440.440.860.420.70.370.40.70.040.5-0.050.390.970.50.240.350.580.170.69
0.990.840.460.430.670.12-0.960.990.010.990.570.030.980.670.610.950.120.560.581.00.420.76-0.10.820.46
0.70.690.720.520.67-0.17-0.60.680.190.610.910.040.610.750.320.750.030.60.660.660.770.640.350.570.71
0.11-0.2-0.470.010.12-0.17-0.160.080.030.11-0.16-0.360.090.140.110.05-0.230.190.010.13-0.170.36-0.06-0.180.0
-0.95-0.74-0.43-0.44-0.96-0.6-0.16-0.95-0.05-0.98-0.48-0.14-0.97-0.63-0.55-0.87-0.12-0.6-0.57-0.97-0.24-0.770.16-0.73-0.35
0.980.820.520.440.990.680.08-0.950.010.980.580.090.970.670.620.930.190.510.580.980.440.73-0.110.80.46
0.12-0.050.460.860.010.190.03-0.050.01-0.010.430.34-0.040.5-0.360.070.00.220.760.09-0.060.080.75-0.30.57
0.980.830.440.420.990.610.11-0.980.98-0.010.50.111.00.590.610.920.10.560.550.990.330.71-0.180.830.37
0.620.660.780.70.570.91-0.16-0.480.580.430.50.10.490.760.130.710.050.60.790.570.730.550.520.410.86
0.070.090.530.370.030.04-0.36-0.140.090.340.110.10.12-0.17-0.14-0.060.180.050.290.06-0.14-0.340.010.07-0.02
0.970.850.440.40.980.610.09-0.970.97-0.041.00.490.120.560.630.920.080.530.530.980.340.68-0.20.860.34
0.720.470.560.70.670.750.14-0.630.670.50.590.76-0.170.560.290.720.180.510.80.690.420.830.440.290.75
0.570.550.220.040.610.320.11-0.550.62-0.360.610.13-0.140.630.290.550.0-0.110.170.60.180.46-0.490.66-0.14
0.960.920.50.50.950.750.05-0.870.930.070.920.71-0.060.920.720.550.10.570.650.950.570.730.060.840.58
0.10.00.1-0.050.120.03-0.23-0.120.190.00.10.050.180.080.180.00.1-0.01-0.010.1-0.080.090.080.030.02
0.570.420.230.390.560.60.19-0.60.510.220.560.60.050.530.51-0.110.57-0.010.50.550.270.660.260.290.59
0.660.560.760.970.580.660.01-0.570.580.760.550.790.290.530.80.170.65-0.010.50.630.330.520.520.310.72
1.00.830.490.51.00.660.13-0.970.980.090.990.570.060.980.690.60.950.10.550.630.380.75-0.070.80.47
0.430.620.510.240.420.77-0.17-0.240.44-0.060.330.73-0.140.340.420.180.57-0.080.270.330.380.270.270.510.65
0.750.470.250.350.760.640.36-0.770.730.080.710.55-0.340.680.830.460.730.090.660.520.750.270.030.380.48
-0.02-0.050.270.58-0.10.35-0.060.16-0.110.75-0.180.520.01-0.20.44-0.490.060.080.260.52-0.070.270.03-0.240.64
0.80.930.390.170.820.57-0.18-0.730.8-0.30.830.410.070.860.290.660.840.030.290.310.80.510.38-0.240.17
0.520.450.580.690.460.710.0-0.350.460.570.370.86-0.020.340.75-0.140.580.020.590.720.470.650.480.640.17
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Touchwood Entertainment Account Relationship Matchups

Touchwood Entertainment fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets179.2M185.3M337.2M429.4M493.8M518.5M
Short Long Term Debt Total6.6M4.5M2.7M17.2M19.8M20.8M
Other Current Liab7.9M4.6M11.8M16.7M19.2M10.3M
Total Current Liabilities33.0M18.7M67.5M48.6M55.9M48.3M
Total Stockholder Equity135.1M156.8M260.6M352.8M405.8M426.0M
Property Plant And Equipment Net27.2M26.6M20.6M40.7M46.9M27.4M
Current Deferred Revenue7.2M13.9M14.6M6.2M7.2M9.9M
Net Debt(37.7M)(67.1M)(168.1M)(196.3M)(176.7M)(167.9M)
Retained Earnings33.3M55M79.1M108.2M124.5M130.7M
Accounts Payable14.3M2.6M41.3M9.4M10.8M10.2M
Cash44.2M71.6M170.7M213.5M245.6M257.8M
Non Current Assets Total49.6M52.9M39.7M61.6M70.8M52.5M
Non Currrent Assets Other(29.0M)100K37.5M15.8M14.2M9.2M
Cash And Short Term Investments44.2M71.6M191.5M266.8M306.8M322.1M
Net Receivables79.3M48.2M70.3M74.2M85.3M47.4M
Liabilities And Stockholders Equity179.2M185.3M337.2M429.4M493.8M518.5M
Non Current Liabilities Total11.0M9.8M9.1M21.4M24.6M25.8M
Other Current Assets16.2M26.3M28.3M26.9M30.9M18.5M
Total Liab44.1M28.5M76.6M70.0M80.4M57.3M
Total Current Assets129.6M132.4M297.6M367.8M423.0M444.1M
Short Term Debt3.7M2.3M(2.4M)4.0M4.6M4.8M
Other Assets27.8M24.8M2.4M1K900.0855.0
Long Term Debt2.9M2.2M1.5M13.2M15.2M16.0M
Property Plant Equipment27.9M28.9M26.6M22.9M26.3M29.9M
Other Liab6.8M8.8M8.1M7.6M8.7M7.0M
Net Tangible Assets118.8M122.7M133.4M152.5M175.4M118.0M
Short Term Investments455K570K20.8M53.2M61.2M64.3M
Long Term Debt Total2.1M2.9M2.2M1.5M1.4M2.3M
Other Stockholder Equity33.3M55.0M5.7M82.8M95.2M100.0M
Short Long Term Debt3.7M2.3M1.1M4.0M3.6M2.5M
Net Invested Capital141.7M161.3M263.3M370.0M425.5M446.8M
Cash And Equivalents3.0M3.1M0.020.8M23.9M25.1M
Net Working Capital96.6M113.6M230.0M319.2M367.1M385.5M
Intangible Assets1.7M4.2M40K2.9M3.3M3.5M
Property Plant And Equipment Gross57.2M61.1M56.2M70.8M81.4M65.3M

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Other Information on Investing in Touchwood Stock

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