Imax Accounts Payable vs Total Current Liabilities Analysis

IMAX Stock  USD 16.70  0.35  2.05%   
Imax Corp financial indicator trend analysis is infinitely more than just investigating Imax Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Imax Corp is a good investment. Please check the relationship between Imax Corp Accounts Payable and its Total Current Liabilities accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Imax Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Imax Stock please use our How to Invest in Imax Corp guide.

Accounts Payable vs Total Current Liabilities

Accounts Payable vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Imax Corp Accounts Payable account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Imax Corp's Accounts Payable and Total Current Liabilities is 0.83. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Imax Corp, assuming nothing else is changed. The correlation between historical values of Imax Corp's Accounts Payable and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Imax Corp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Accounts Payable i.e., Imax Corp's Accounts Payable and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Accounts Payable

An accounting item on the balance sheet that represents Imax Corp obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Imax Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Current Liabilities

Total Current Liabilities is an item on Imax Corp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Imax Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Imax Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Imax 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Imax Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Imax Stock please use our How to Invest in Imax Corp guide.Discontinued Operations is likely to rise to about 428.7 K in 2024, whereas Selling General Administrative is likely to drop slightly above 83.4 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit134.4M156.4M208.8M122.6M
Total Revenue254.9M300.8M374.8M239.6M

Imax Corp fundamental ratios Correlations

0.27-0.150.80.780.96-0.29-0.220.510.760.880.20.760.840.390.20.830.690.120.630.550.940.340.150.870.89
0.27-0.260.17-0.360.20.73-0.91-0.030.220.24-0.120.220.18-0.380.980.220.20.620.890.750.250.51-0.4-0.010.04
-0.15-0.260.130.0-0.060.12-0.020.08-0.480.02-0.08-0.480.110.08-0.33-0.150.080.16-0.270.28-0.25-0.930.090.020.03
0.80.170.130.630.82-0.11-0.330.830.370.79-0.010.370.840.650.110.640.480.260.520.540.690.15-0.140.90.9
0.78-0.360.00.630.75-0.770.380.460.650.650.30.650.650.63-0.420.690.59-0.220.020.060.760.020.370.820.81
0.960.2-0.060.820.75-0.23-0.220.540.580.920.20.580.880.370.130.80.590.080.590.550.850.250.20.860.88
-0.290.730.12-0.11-0.77-0.23-0.84-0.11-0.51-0.09-0.26-0.5-0.16-0.470.74-0.26-0.250.60.470.54-0.390.08-0.45-0.38-0.34
-0.22-0.91-0.02-0.330.38-0.22-0.84-0.140.06-0.30.220.05-0.270.21-0.88-0.15-0.11-0.69-0.82-0.82-0.13-0.280.52-0.09-0.14
0.51-0.030.080.830.460.54-0.11-0.140.120.630.150.120.490.65-0.060.410.280.240.250.240.350.1-0.020.70.69
0.760.22-0.480.370.650.58-0.510.060.120.420.231.00.450.190.180.660.62-0.060.430.190.880.530.130.520.53
0.880.240.020.790.650.92-0.09-0.30.630.420.220.420.70.340.160.760.560.320.580.580.670.180.240.820.87
0.2-0.12-0.08-0.010.30.2-0.260.220.150.230.220.23-0.07-0.18-0.140.50.280.04-0.10.00.150.030.620.00.02
0.760.22-0.480.370.650.58-0.50.050.121.00.420.230.450.190.180.660.62-0.050.430.20.880.530.120.520.53
0.840.180.110.840.650.88-0.16-0.270.490.450.7-0.070.450.510.130.560.48-0.080.550.560.820.11-0.080.850.83
0.39-0.380.080.650.630.37-0.470.210.650.190.34-0.180.190.51-0.370.170.27-0.16-0.09-0.060.37-0.01-0.230.770.71
0.20.98-0.330.11-0.420.130.74-0.88-0.060.180.16-0.140.180.13-0.370.130.090.580.850.670.20.56-0.49-0.06-0.02
0.830.22-0.150.640.690.8-0.26-0.150.410.660.760.50.660.560.170.130.680.290.460.460.760.340.330.630.66
0.690.20.080.480.590.59-0.25-0.110.280.620.560.280.620.480.270.090.680.230.370.50.670.070.30.550.59
0.120.620.160.26-0.220.080.6-0.690.24-0.060.320.04-0.05-0.08-0.160.580.290.230.450.65-0.040.1-0.290.020.1
0.630.89-0.270.520.020.590.47-0.820.250.430.58-0.10.430.55-0.090.850.460.370.450.790.580.54-0.280.40.44
0.550.750.280.540.060.550.54-0.820.240.190.580.00.20.56-0.060.670.460.50.650.790.440.05-0.230.370.43
0.940.25-0.250.690.760.85-0.39-0.130.350.880.670.150.880.820.370.20.760.67-0.040.580.440.410.060.790.78
0.340.51-0.930.150.020.250.08-0.280.10.530.180.030.530.11-0.010.560.340.070.10.540.050.41-0.240.150.15
0.15-0.40.09-0.140.370.2-0.450.52-0.020.130.240.620.12-0.08-0.23-0.490.330.3-0.29-0.28-0.230.06-0.24-0.020.01
0.87-0.010.020.90.820.86-0.38-0.090.70.520.820.00.520.850.77-0.060.630.550.020.40.370.790.15-0.020.99
0.890.040.030.90.810.88-0.34-0.140.690.530.870.020.530.830.71-0.020.660.590.10.440.430.780.150.010.99
Click cells to compare fundamentals

Imax Corp Account Relationship Matchups

Imax Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets889.1M997.8M883.2M821.2M814.7M547.3M
Short Long Term Debt Total18.2M305.7M226.1M263.0M265.3M278.5M
Other Current Liab94.6M(206.3M)111.9M117.3M97.8M102.7M
Total Current Liabilities227.7M208.2M211.6M249.6M217.5M182.4M
Total Stockholder Equity547.7M385.5M356.1M263.4M273.1M195.5M
Property Plant And Equipment Net306.8M277.4M260.4M252.9M243.3M134.6M
Net Debt(91.3M)(11.7M)36.4M165.6M189.1M198.5M
Retained Earnings(40.3M)(202.8M)(235.0M)(293.1M)(292.8M)(278.2M)
Accounts Payable20.4M20.8M15.9M25.2M26.4M17.4M
Cash109.5M317.4M189.7M97.4M76.2M94.0M
Non Current Assets Total458.8M401.7M359.5M370.3M526.3M268.8M
Non Currrent Assets Other25.0M21.7M17.8M15.7M19.0M26.1M
Cash And Short Term Investments109.5M317.4M189.7M97.4M76.2M97.8M
Net Receivables267.6M228.6M295.3M309.6M168.3M138.2M
Common Stock Shares Outstanding61.5M59.2M59.1M56.7M55.1M54.1M
Liabilities And Stockholders Equity889.1M997.8M883.2M821.2M814.7M547.3M
Non Current Liabilities Total18.2M324.8M241.3M241.8M251.6M264.2M
Inventory43.0M39.6M26.9M31.5M31.6M31.1M
Other Current Assets10.2M10.4M11.8M12.3M12.3M11.9M
Other Stockholder Equity167.8M180.3M174.6M185.7M578.1M607.0M
Total Liab246.0M533.0M452.9M491.4M469.1M325.3M
Property Plant And Equipment Gross306.8M277.4M512.3M519.3M512.8M538.4M
Total Current Assets430.3M596.0M523.8M450.8M288.4M278.5M
Accumulated Other Comprehensive Income(3.2M)988K6.5M(5.9M)176.9M185.8M
Short Term Debt18.2M305.7M2.5M36.1M26.2M46.3M
Intangible Assets48.3M32.0M27.3M38.0M41.8M26.8M
Common Stock423.4M407.0M410.0M376.7M389.0M241.1M
Common Stock Total Equity423.4M407.0M410.0M376.7M433.2M267.8M
Other Liab140.6M145.0M98.9M91.2M104.8M115.0M
Other Assets267.7M241.8M78.1M77.3M231.5M243.1M
Long Term Debt18.2M305.7M223.6M226.9M229.1M240.6M
Property Plant Equipment306.8M277.4M260.4M252.9M290.8M150.4M
Current Deferred Revenue94.6M88.0M81.3M70.9M67.1M86.2M
Net Tangible Assets484.2M321.0M294.0M178.5M205.3M380.8M
Noncontrolling Interest In Consolidated Entity89.5M78.5M73.5M65.7M75.5M52.4M
Retained Earnings Total Equity(40.3M)(202.8M)(235.0M)(293.1M)(263.8M)(250.6M)
Capital Surpluse171.8M180.3M174.6M185.7M213.5M141.0M

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When determining whether Imax Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Imax Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Imax Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Imax Corp Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Imax Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Imax Stock please use our How to Invest in Imax Corp guide.
Note that the Imax Corp information on this page should be used as a complementary analysis to other Imax Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

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When running Imax Corp's price analysis, check to measure Imax Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Imax Corp is operating at the current time. Most of Imax Corp's value examination focuses on studying past and present price action to predict the probability of Imax Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Imax Corp's price. Additionally, you may evaluate how the addition of Imax Corp to your portfolios can decrease your overall portfolio volatility.
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Is Imax Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Imax Corp. If investors know Imax will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Imax Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.5
Earnings Share
0.48
Revenue Per Share
6.807
Quarterly Revenue Growth
(0.09)
Return On Assets
0.0402
The market value of Imax Corp is measured differently than its book value, which is the value of Imax that is recorded on the company's balance sheet. Investors also form their own opinion of Imax Corp's value that differs from its market value or its book value, called intrinsic value, which is Imax Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Imax Corp's market value can be influenced by many factors that don't directly affect Imax Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Imax Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Imax Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Imax Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.