BAG Depreciation And Amortization vs Ebit Analysis

BAGFILMS   11.55  0.34  2.86%   
BAG Films financial indicator trend analysis is way more than just evaluating BAG Films prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BAG Films is a good investment. Please check the relationship between BAG Films Depreciation And Amortization and its Ebit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BAG Films and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Depreciation And Amortization vs Ebit

Depreciation And Amortization vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BAG Films Depreciation And Amortization account and Ebit. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between BAG Films' Depreciation And Amortization and Ebit is -0.42. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Ebit in the same time period over historical financial statements of BAG Films and, assuming nothing else is changed. The correlation between historical values of BAG Films' Depreciation And Amortization and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of BAG Films and are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Depreciation And Amortization i.e., BAG Films' Depreciation And Amortization and Ebit go up and down completely randomly.

Correlation Coefficient

-0.42
Relationship DirectionNegative 
Relationship StrengthVery Weak

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Ebit

Most indicators from BAG Films' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BAG Films 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in BAG Films and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
As of the 22nd of December 2024, Tax Provision is likely to grow to about 17.3 M, while Selling General Administrative is likely to drop about 75.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.2B1.2B1.2B1.0B
Total Revenue1.2B1.1B1.3B1.2B

BAG Films fundamental ratios Correlations

0.840.050.860.54-0.30.81-0.190.780.160.10.860.120.750.180.560.920.760.98-0.44-0.15-0.790.260.580.76-0.56
0.84-0.190.640.040.10.97-0.170.90.35-0.060.870.480.620.220.640.960.390.8-0.350.13-0.55-0.030.380.61-0.54
0.05-0.190.120.23-0.17-0.05-0.55-0.320.10.6-0.06-0.160.22-0.27-0.150.00.40.12-0.08-0.69-0.090.20.02-0.050.05
0.860.640.120.49-0.590.64-0.150.630.340.20.64-0.310.50.020.560.730.70.84-0.21-0.14-0.860.280.670.94-0.64
0.540.040.230.49-0.590.01-0.010.08-0.250.180.23-0.390.380.060.040.210.760.53-0.3-0.32-0.480.460.420.42-0.07
-0.30.1-0.17-0.59-0.590.13-0.020.020.01-0.30.050.86-0.030.45-0.050.03-0.49-0.330.180.440.71-0.46-0.61-0.660.29
0.810.97-0.050.640.010.13-0.370.860.44-0.070.880.480.670.180.670.950.390.78-0.350.03-0.52-0.080.360.57-0.5
-0.19-0.17-0.55-0.15-0.01-0.02-0.37-0.12-0.40.15-0.32-0.11-0.40.12-0.33-0.25-0.17-0.240.180.580.170.18-0.09-0.090.02
0.780.9-0.320.630.080.020.86-0.120.33-0.170.720.330.440.290.640.840.190.7-0.370.21-0.6-0.070.30.64-0.64
0.160.350.10.34-0.250.010.44-0.40.330.060.21-0.040.02-0.080.450.27-0.090.08-0.010.02-0.13-0.10.110.41-0.09
0.1-0.060.60.20.18-0.3-0.070.15-0.170.06-0.18-0.230.07-0.35-0.160.00.330.1-0.13-0.35-0.150.440.010.130.01
0.860.87-0.060.640.230.050.88-0.320.720.21-0.180.420.80.330.640.920.60.87-0.28-0.06-0.520.00.40.52-0.45
0.120.48-0.16-0.31-0.390.860.48-0.110.33-0.04-0.230.420.370.340.110.42-0.150.11-0.160.240.33-0.25-0.32-0.410.11
0.750.620.220.50.38-0.030.67-0.40.440.020.070.80.370.20.410.740.730.77-0.42-0.44-0.40.360.230.3-0.09
0.180.22-0.270.020.060.450.180.120.29-0.08-0.350.330.340.20.270.26-0.020.140.290.340.26-0.28-0.5-0.07-0.12
0.560.64-0.150.560.04-0.050.67-0.330.640.45-0.160.640.110.410.270.620.220.530.180.08-0.35-0.030.240.56-0.28
0.920.960.00.730.210.030.95-0.250.840.270.00.920.420.740.260.620.570.9-0.33-0.02-0.620.10.420.62-0.54
0.760.390.40.70.76-0.490.39-0.170.19-0.090.330.6-0.150.73-0.020.220.570.81-0.31-0.46-0.610.480.590.53-0.22
0.980.80.120.840.53-0.330.78-0.240.70.080.10.870.110.770.140.530.90.81-0.37-0.23-0.790.250.590.73-0.57
-0.44-0.35-0.08-0.21-0.30.18-0.350.18-0.37-0.01-0.13-0.28-0.16-0.420.290.18-0.33-0.31-0.370.390.48-0.16-0.33-0.210.21
-0.150.13-0.69-0.14-0.320.440.030.580.210.02-0.35-0.060.24-0.440.340.08-0.02-0.46-0.230.390.32-0.38-0.12-0.09-0.09
-0.79-0.55-0.09-0.86-0.480.71-0.520.17-0.6-0.13-0.15-0.520.33-0.40.26-0.35-0.62-0.61-0.790.480.32-0.29-0.78-0.870.71
0.26-0.030.20.280.46-0.46-0.080.18-0.07-0.10.440.0-0.250.36-0.28-0.030.10.480.25-0.16-0.38-0.290.250.190.31
0.580.380.020.670.42-0.610.36-0.090.30.110.010.4-0.320.23-0.50.240.420.590.59-0.33-0.12-0.780.250.68-0.43
0.760.61-0.050.940.42-0.660.57-0.090.640.410.130.52-0.410.3-0.070.560.620.530.73-0.21-0.09-0.870.190.68-0.65
-0.56-0.540.05-0.64-0.070.29-0.50.02-0.64-0.090.01-0.450.11-0.09-0.12-0.28-0.54-0.22-0.570.21-0.090.710.31-0.43-0.65
Click cells to compare fundamentals

BAG Films Account Relationship Matchups

BAG Films fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.9B3.7B3.8B3.8B3.8B3.6B
Short Long Term Debt Total1.4B1.4B1.3B1.3B1.1B1.1B
Total Current Liabilities1.4B1.4B1.4B1.5B1.3B1.0B
Total Stockholder Equity1.4B1.3B1.4B1.4B1.5B1.5B
Property Plant And Equipment Net388.6M328.6M284.9M252.7M250.0M237.5M
Net Debt933.0M1.2B1.1B1.2B977.2M863.3M
Cash463.9M150.6M227.0M63.4M101.1M96.0M
Non Current Assets Total2.0B2.0B1.6B1.6B1.6B1.8B
Non Currrent Assets Other(170.3K)(1.0)(315.0)698.9M872.7M(0.95)
Cash And Short Term Investments463.9M150.6M227.0M936.1M101.1M96.0M
Common Stock Shares Outstanding232.7M222.9M197.9M232.7M197.9M202.7M
Liabilities And Stockholders Equity3.9B3.7B3.8B3.8B3.8B3.6B
Non Current Liabilities Total508.7M508.5M444.6M433.4M403.8M495.0M
Inventory350.7M349.9M336.6M417.0M498.7M337.7M
Other Current Assets1.1B128.1M185.5M199.2M911.6M615.2M
Other Stockholder Equity2.7B3.7B3.7B3.7B3.8B3.6B
Total Liab1.9B1.9B1.9B1.9B1.7B1.7B
Total Current Assets1.9B1.8B2.2B2.3B2.2B1.8B
Accumulated Other Comprehensive Income(2.2B)515.7M595.7M499.7M498.5M523.4M
Intangible Assets72.9M65.6M58.4M51.1M43.8M56.4M
Current Deferred Revenue230.5M22.6M23.5M(846.3M)(702.0M)(666.9M)
Retained Earnings(3.2B)(3.3B)(3.3B)(3.2B)(3.1B)(3.3B)
Accounts Payable284.5M191.1M205.5M244.3M226.6M199.5M
Net Receivables611.7M1.1B1.4B710.1M711.9M773.0M
Short Term Debt911.3M899.1M916.2M846.3M702.0M797.0M
Other Liab23.2M22.4M24.2M26.4M30.4M23.9M
Net Tangible Assets1.5B1.4B1.3B1.4B1.6B1.3B
Other Assets31.9M30.4M28.4M26.1M1.00.95
Long Term Debt433.4M486.5M420.7M407.2M360.0M460.8M
Short Long Term Debt911.3M899.1M916.2M846.3M702.0M919.3M
Property Plant Equipment388.6M328.6M284.9M252.7M227.4M216.1M
Long Term Debt Total485.8M486.5M420.7M407.2M366.5M411.7M
Capital Lease Obligations49.3M31.1M10.7M36.9M16.3M25.5M
Cash And Equivalents463.9M150.6M227.0M63.4M72.9M69.2M
Net Invested Capital2.8B1.3B1.4B1.4B1.5B1.6B

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Other Information on Investing in BAG Stock

Balance Sheet is a snapshot of the financial position of BAG Films at a specified time, usually calculated after every quarter, six months, or one year. BAG Films Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of BAG Films 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 BAG currently owns. An asset can also be divided into two categories, current and non-current.