TOY Stock | | | CAD 32.62 0.18 0.55% |
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 Gross Profit and its Other Operating Expenses 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.
Gross Profit vs Other Operating Expenses
Gross Profit vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Spin Master Corp Gross Profit account and
Other Operating Expenses. At this time, the significance of the direction appears to have totally related.
The correlation between Spin Master's Gross Profit and Other Operating Expenses is 0.99. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Other Operating Expenses 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 Gross Profit and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Spin Master Corp are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Gross Profit i.e., Spin Master's Gross Profit and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Spin Master Corp minus its cost of goods sold. It is profit before Spin Master operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Spin Master Corp. It is also known as Spin Master overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
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 30th 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.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 1.1B | 1.1B | 1.0B | 750.0M | Total Revenue | 2.0B | 2.0B | 1.9B | 1.5B |
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.