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 Net Income From Continuing Ops and its Gross Profit 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 From Continuing Ops vs Gross Profit
Net Income From Continuing Ops vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Spin Master Corp Net Income From Continuing Ops account and
Gross Profit. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Spin Master's Net Income From Continuing Ops and Gross Profit is 0.89. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Gross Profit 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 From Continuing Ops and Gross Profit 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 From Continuing Ops of Spin Master Corp are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Net Income From Continuing Ops i.e., Spin Master's Net Income From Continuing Ops and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Income From Continuing Ops
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.
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.