National Tangible Asset Value vs Operating Income Analysis
NCMI Stock | USD 4.43 0.02 0.45% |
National CineMedia financial indicator trend analysis is infinitely more than just investigating National CineMedia recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether National CineMedia is a good investment. Please check the relationship between National CineMedia Tangible Asset Value and its Operating Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National CineMedia. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. For more detail on how to invest in National Stock please use our How to Invest in National CineMedia guide.
Tangible Asset Value vs Operating Income
Tangible Asset Value vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National CineMedia Tangible Asset Value account and Operating Income. At this time, the significance of the direction appears to have no relationship.
The correlation between National CineMedia's Tangible Asset Value and Operating Income is 0.0. Overlapping area represents the amount of variation of Tangible Asset Value that can explain the historical movement of Operating Income in the same time period over historical financial statements of National CineMedia, assuming nothing else is changed. The correlation between historical values of National CineMedia's Tangible Asset Value 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 Tangible Asset Value of National CineMedia 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 Tangible Asset Value i.e., National CineMedia's Tangible Asset Value and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.0 |
Relationship Direction | Flat |
Relationship Strength | Insignificant |
Tangible Asset Value
The total value of a company's physical, tangible assets, excluding intangible assets like patents and trademarks.Operating Income
Operating Income is the amount of profit realized from National CineMedia 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 National CineMedia 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 National CineMedia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into National CineMedia 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National CineMedia. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. For more detail on how to invest in National Stock please use our How to Invest in National CineMedia guide.As of now, National CineMedia's Sales General And Administrative To Revenue is increasing as compared to previous years. The National CineMedia's current Enterprise Value is estimated to increase to about 1.5 B, while Selling General Administrative is projected to decrease to under 36.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 96.2M | 222M | 59.6M | 56.6M | Total Revenue | 114.6M | 249.2M | 165.2M | 268.2M |
National CineMedia fundamental ratios Correlations
Click cells to compare fundamentals
National CineMedia Account Relationship Matchups
High Positive Relationship
High Negative Relationship
National CineMedia fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.1B | 886.2M | 817.4M | 792.4M | 567.7M | 885.6M | |
Other Current Liab | 88.5M | 28.5M | 37.7M | 46.8M | 25.9M | 24.6M | |
Total Current Liabilities | 119.5M | 50M | 69.8M | 1.2B | 58.4M | 55.5M | |
Total Stockholder Equity | (121.2M) | (268.6M) | (383.5M) | (515.3M) | 434.5M | 456.2M | |
Accounts Payable | 20.7M | 13.7M | 16.3M | 25M | 21.7M | 17.8M | |
Other Assets | 179.6M | 168.8M | 32M | 640.6M | 736.7M | 773.5M | |
Total Liab | 1.3B | 1.2B | 1.2B | 1.3B | 133.2M | 126.5M | |
Intangible Assets | 684.5M | 643.7M | 627.8M | 606.3M | 394.3M | 456.2M | |
Property Plant Equipment | 33.2M | 27.5M | 21.3M | 13M | 15.0M | 26.2M | |
Short Long Term Debt Total | 926.6M | 1.1B | 1.1B | 1.1B | 16M | 15.2M | |
Other Liab | 199.6M | 183.8M | 94.5M | 16.4M | 14.8M | 14.0M | |
Property Plant And Equipment Net | 33.2M | 27.5M | 21.3M | 13M | 20.1M | 26.8M | |
Current Deferred Revenue | 7.3M | 7.6M | 5.1M | 12.6M | 9.8M | 7.4M | |
Net Debt | 870.7M | 872M | 996.3M | 1.1B | (21.6M) | (20.5M) | |
Cash | 55.9M | 180.3M | 101.2M | 61.7M | 37.6M | 35.7M | |
Non Current Assets Total | 875.7M | 686.3M | 659M | 628M | 423.9M | 708.9M | |
Non Currrent Assets Other | 28.2M | 25.7M | 25.1M | 27.1M | 8.8M | 8.4M | |
Long Term Debt | 920.9M | 923.9M | 1.0B | 1.1B | 11.5M | 10.9M | |
Cash And Short Term Investments | 80.9M | 181.8M | 102.5M | 62.4M | 37.6M | 35.7M | |
Net Receivables | 177.4M | 16.2M | 53M | 92M | 96.6M | 121.9M | |
Common Stock Shares Outstanding | 7.8M | 7.8M | 8.0M | 8.2M | 48.6M | 51.0M | |
Liabilities And Stockholders Equity | 1.1B | 886.2M | 817.4M | 792.4M | 567.7M | 931.8M | |
Non Current Liabilities Total | 1.1B | 1.1B | 1.1B | 53.3M | 74.8M | 71.1M | |
Other Stockholder Equity | 49.1M | (3M) | (52.3M) | (146.2M) | 115.3M | 121.1M | |
Property Plant And Equipment Gross | 33.2M | 27.5M | 81.2M | 67.8M | 17.4M | 33.7M | |
Total Current Assets | 254.3M | 199.9M | 158.4M | 164.4M | 143.8M | 205.3M | |
Retained Earnings | (171.1M) | (266.4M) | (332M) | (370.4M) | 316.6M | 332.4M | |
Short Term Investments | 13.1M | 24M | 17.5M | 300K | 700K | 0.0 | |
Inventory | (7.5M) | (1.2M) | (1M) | 2.1M | 1.9M | 2.0M | |
Net Tangible Assets | (1.0B) | (1.1B) | (1.1B) | (1.1B) | (991.8M) | (1.0B) | |
Noncontrolling Interest In Consolidated Entity | 258.3M | 204.5M | 143.2M | 51.3M | 59.0M | 56.0M | |
Retained Earnings Total Equity | (171.1M) | (266.4M) | (332M) | (370.4M) | (333.4M) | (316.7M) | |
Long Term Debt Total | 920.9M | 923.9M | 1.0B | 1.1B | 1.3B | 1.0B |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards National CineMedia in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, National CineMedia's short interest history, or implied volatility extrapolated from National CineMedia options trading.
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National CineMedia. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. For more detail on how to invest in National Stock please use our How to Invest in National CineMedia guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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When running National CineMedia's price analysis, check to measure National CineMedia'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 National CineMedia is operating at the current time. Most of National CineMedia's value examination focuses on studying past and present price action to predict the probability of National CineMedia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National CineMedia's price. Additionally, you may evaluate how the addition of National CineMedia to your portfolios can decrease your overall portfolio volatility.
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Is National CineMedia'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 National CineMedia. If investors know National 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 National CineMedia 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 (0.67) | Earnings Share 14.34 | Revenue Per Share 3.45 | Quarterly Revenue Growth (0.01) | Return On Assets (0.03) |
The market value of National CineMedia is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National CineMedia's value that differs from its market value or its book value, called intrinsic value, which is National CineMedia'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 National CineMedia's market value can be influenced by many factors that don't directly affect National CineMedia'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 National CineMedia's value and its price as these two are different measures arrived at by different means. Investors typically determine if National CineMedia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National CineMedia'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.