TOY Stock | | | CAD 32.43 0.48 1.50% |
Spin Master financial indicator trend analysis is much more than just breaking down Spin Master Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Spin Master Corp is a good investment. Please check the relationship between Spin Master Cost Of Revenue and its Depreciation And Amortization accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Spin Master Corp. 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.
Cost Of Revenue vs Depreciation And Amortization
Cost Of Revenue vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Spin Master Corp Cost Of Revenue account and
Depreciation And Amortization. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Spin Master's Cost Of Revenue and Depreciation And Amortization is 0.85. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Spin Master Corp, assuming nothing else is changed. The correlation between historical values of Spin Master's Cost Of Revenue and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Spin Master Corp are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Cost Of Revenue i.e., Spin Master's Cost Of Revenue and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Cost Of Revenue
Cost of Revenue is found on Spin Master Corp income statement and represents the costs associated with goods and services Spin Master provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Spin Master's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Spin Master Corp 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 Spin Master Corp. 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 this time, Spin Master's
Selling General Administrative is very stable compared to the past year. As of the 28th of November 2024,
Enterprise Value Over EBITDA is likely to grow to 8.33, while
Tax Provision is likely to drop about 44.1
M.
Spin Master fundamental ratios Correlations
Click cells to compare fundamentals
Spin Master Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Spin Master fundamental ratios Accounts
Other Information on Investing in Spin Stock
Balance Sheet is a snapshot of the
financial position of Spin Master Corp at a specified time, usually calculated after every quarter, six months, or one year. Spin Master Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Spin Master 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 Spin currently owns. An asset can also be divided into two categories, current and non-current.