Spin Net Income vs Operating Income Analysis

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 Net Income and its Operating Income 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.

Net Income vs Operating Income

Net Income vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Spin Master Corp Net Income account and Operating Income. At this time, the significance of the direction appears to have totally related.
The correlation between Spin Master's Net Income and Operating Income is 0.99. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Operating Income 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 Net Income and Operating 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 Net Income of Spin Master Corp are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Net Income i.e., Spin Master's Net Income and Operating Income go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Income

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

Operating Income

Operating Income is the amount of profit realized from Spin Master Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Spin Master Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
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.
 2021 2022 2023 2024 (projected)
Gross Profit1.1B1.1B1.0B750.0M
Total Revenue2.0B2.0B1.9B1.5B

Spin Master fundamental ratios Correlations

-0.280.40.920.85-0.820.750.890.840.990.420.420.840.890.970.770.890.820.751.00.990.83-0.590.860.920.87
-0.280.36-0.37-0.31-0.03-0.02-0.34-0.19-0.36-0.530.32-0.19-0.42-0.38-0.41-0.34-0.560.09-0.29-0.31-0.560.38-0.26-0.36-0.27
0.40.360.30.3-0.420.520.430.430.350.120.540.430.280.320.260.24-0.040.870.390.350.00.10.40.290.25
0.92-0.370.30.78-0.880.830.830.920.920.590.310.920.850.910.740.830.810.640.920.930.83-0.620.951.00.8
0.85-0.310.30.78-0.580.570.870.60.890.220.250.60.770.860.870.910.790.650.820.830.74-0.490.670.780.84
-0.82-0.03-0.42-0.88-0.58-0.9-0.65-0.95-0.77-0.46-0.56-0.95-0.61-0.73-0.46-0.66-0.59-0.68-0.83-0.8-0.570.52-0.93-0.89-0.74
0.75-0.020.520.830.57-0.90.550.930.710.630.650.930.510.620.390.650.430.740.740.710.38-0.30.910.840.7
0.89-0.340.430.830.87-0.650.550.650.90.320.140.650.910.920.920.780.80.710.890.870.83-0.640.70.820.74
0.84-0.190.430.920.6-0.950.930.650.810.630.581.00.620.750.460.710.60.720.840.810.59-0.470.980.920.78
0.99-0.360.350.920.89-0.770.710.90.810.420.380.810.880.980.80.910.850.720.980.980.85-0.60.840.920.87
0.42-0.530.120.590.22-0.460.630.320.630.420.210.630.390.340.210.40.240.280.440.40.31-0.390.620.580.31
0.420.320.540.310.25-0.560.650.140.580.380.210.580.010.22-0.140.390.00.650.410.36-0.070.190.510.330.55
0.84-0.190.430.920.6-0.950.930.651.00.810.630.580.620.750.460.710.60.720.840.810.59-0.470.980.920.78
0.89-0.420.280.850.77-0.610.510.910.620.880.390.010.620.940.90.770.80.560.890.910.92-0.670.690.830.63
0.97-0.380.320.910.86-0.730.620.920.750.980.340.220.750.940.860.860.90.660.960.980.92-0.630.790.90.8
0.77-0.410.260.740.87-0.460.390.920.460.80.21-0.140.460.90.860.730.790.530.760.780.83-0.630.550.720.62
0.89-0.340.240.830.91-0.660.650.780.710.910.40.390.710.770.860.730.730.640.870.880.76-0.470.780.830.9
0.82-0.56-0.040.810.79-0.590.430.80.60.850.240.00.60.80.90.790.730.360.810.840.92-0.690.660.80.73
0.750.090.870.640.65-0.680.740.710.720.720.280.650.720.560.660.530.640.360.740.70.36-0.170.710.640.68
1.0-0.290.390.920.82-0.830.740.890.840.980.440.410.840.890.960.760.870.810.740.990.84-0.610.860.920.85
0.99-0.310.350.930.83-0.80.710.870.810.980.40.360.810.910.980.780.880.840.70.990.87-0.580.850.920.84
0.83-0.560.00.830.74-0.570.380.830.590.850.31-0.070.590.920.920.830.760.920.360.840.87-0.720.660.820.67
-0.590.380.1-0.62-0.490.52-0.3-0.64-0.47-0.6-0.390.19-0.47-0.67-0.63-0.63-0.47-0.69-0.17-0.61-0.58-0.72-0.46-0.62-0.4
0.86-0.260.40.950.67-0.930.910.70.980.840.620.510.980.690.790.550.780.660.710.860.850.66-0.460.950.83
0.92-0.360.291.00.78-0.890.840.820.920.920.580.330.920.830.90.720.830.80.640.920.920.82-0.620.950.81
0.87-0.270.250.80.84-0.740.70.740.780.870.310.550.780.630.80.620.90.730.680.850.840.67-0.40.830.81
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Spin Master Account Relationship Matchups

Spin Master fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.3B1.7B1.8B2.0B1.1B
Other Current Liab163.6M207.5M226.8M228.6M239.3M170.1M
Total Current Liabilities399M405.4M561.9M424.3M446.5M445.0M
Total Stockholder Equity760.4M842.9M1.1B1.2B1.4B1.5B
Property Plant And Equipment Net145.1M120.7M105M98.9M86.2M65.8M
Net Debt(32.6M)(246.2M)(489.7M)(573.1M)(643.6M)(611.4M)
Retained Earnings(28.1M)17.4M216M468.1M604.5M634.7M
Accounts Payable215.8M161.4M274.7M153M189.2M145.5M
Cash115.3M320.6M562.7M644.3M705.7M741.0M
Non Current Assets Total495.7M552.8M617M660.3M670.7M403.3M
Non Currrent Assets Other3.2M2.7M8.4M7.8M122.3M128.4M
Other Assets29.4M99.4M105.4M111.3M128.0M68.7M
Cash And Short Term Investments115.3M320.6M562.7M644.3M705.7M741.0M
Net Receivables370.7M277.2M352.4M311M414.4M279.3M
Good Will138.8M138M173.1M179M165.9M106.5M
Inventory185.3M102M137.4M105.1M98M99.2M
Other Current Assets89.4M86.6M67.2M71.8M102.5M53.7M
Other Stockholder Equity35.8M36.6M40.8M50M27.4M28.0M
Total Liab496M499.2M684.3M550M570.6M508.4M
Total Current Assets760.7M789.3M1.1B1.1B1.3B700.4M
Intangible Assets182.4M192M227.2M267.2M281.3M161.7M
Common Stock714.5M724.8M736.9M754.7M783.4M582.0M
Other Liab29.4M34.8M62.7M70.8M81.4M85.5M
Net Tangible Assets439.2M512.9M652.1M796.3M915.7M961.5M
Liabilities And Stockholders Equity1.3B1.3B1.7B1.8B2.0B1.2B
Non Current Liabilities Total97M93.8M122.4M125.7M124.1M69.1M
Accumulated Other Comprehensive Income38.2M64.1M58.7M(21M)3.8M3.6M
Short Term Debt15.1M15.4M13.3M16.3M11.4M10.8M
Property Plant Equipment145.1M120.4M105M98.9M113.7M68.4M
Current Deferred Revenue7.6M25.3M10.9M11.5M11M10.9M
Common Stock Total Equity681.3M694.1M714.5M724.8M833.5M640.2M
Common Stock Shares Outstanding102.9M104.2M105.3M106.4M105.7M111.9M
Property Plant And Equipment Gross145.1M120.7M317.9M321.5M291.6M147.4M
Long Term Debt Total67.6M59M59.7M54.9M63.1M39.6M
Capital Surpluse35.8M36.6M40.8M40.7M46.8M36.9M
Net Invested Capital760.4M842.9M1.1B1.2B1.4B1.0B
Net Working Capital361.7M383.9M557.8M707.9M872.5M532.7M

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.