Shemaroo Net Income vs Income Tax Expense Analysis

SHEMAROO

166.23 3.45 2.03%

Shemaroo Entertainment financial indicator trend analysis is much more than just breaking down Shemaroo Entertainment prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shemaroo Entertainment is a good investment. Please check the relationship between Shemaroo Entertainment Net Income and its Income Tax Expense accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shemaroo Entertainment Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Net Income vs Income Tax Expense

Net Income vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shemaroo Entertainment Net Income account and Income Tax Expense. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Shemaroo Entertainment's Net Income and Income Tax Expense is 0.9. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Shemaroo Entertainment Limited, assuming nothing else is changed. The correlation between historical values of Shemaroo Entertainment's Net Income and Income Tax Expense 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 Shemaroo Entertainment Limited are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Net Income i.e., Shemaroo Entertainment's Net Income and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.9

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Income

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

Income Tax Expense

Most indicators from Shemaroo Entertainment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shemaroo Entertainment 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 Shemaroo Entertainment Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

As of the 29th of November 2024, Selling General Administrative is likely to drop to about 133 M. In addition to that, Tax Provision is likely to drop to about 25 M

	2021	2022	2023	2024 (projected)
Interest Expense	247.0M	306.7M	363.4M	276.5M
Depreciation And Amortization	66.3M	52.0M	55.7M	53.7M

Interest Expense Depreciation And Amortization

Shemaroo Entertainment fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Short Term Investments	Intangible Assets
Total Assets		0.94	-0.21	0.9	0.97	-0.02	0.41	0.94	0.97	0.61	-0.67	-0.33	-0.58	0.21	0.25	0.91	0.32	0.98	0.71	0.37	0.9	1.0	0.93	0.85	0.5	-0.14
Short Long Term Debt Total	0.94		-0.15	0.96	0.85	0.14	0.45	1.0	0.84	0.63	-0.64	-0.21	-0.51	0.18	0.3	0.81	0.38	0.89	0.76	0.31	0.97	0.94	0.98	0.71	0.49	-0.13
Other Current Liab	-0.21	-0.15		-0.02	-0.31	0.19	-0.21	-0.15	-0.31	0.07	0.31	0.24	0.24	0.39	0.19	-0.23	0.35	-0.28	-0.01	0.33	0.01	-0.21	-0.19	-0.24	-0.01	-0.12
Total Current Liabilities	0.9	0.96	-0.02		0.77	0.3	0.39	0.96	0.77	0.75	-0.6	-0.05	-0.42	0.25	0.39	0.72	0.29	0.81	0.82	0.24	1.0	0.89	0.97	0.64	0.54	-0.25
Total Stockholder Equity	0.97	0.85	-0.31	0.77		-0.19	0.39	0.85	0.99	0.49	-0.64	-0.45	-0.61	0.17	0.15	0.93	0.27	0.99	0.6	0.38	0.77	0.97	0.82	0.89	0.45	-0.09
Property Plant And Equipment Net	-0.02	0.14	0.19	0.3	-0.19		-0.02	0.14	-0.18	0.48	0.05	0.73	-0.01	-0.16	0.45	-0.17	-0.08	-0.16	0.28	-0.21	0.28	-0.05	0.16	-0.22	-0.06	0.09
Current Deferred Revenue	0.41	0.45	-0.21	0.39	0.39	-0.02		0.46	0.32	-0.03	-0.43	-0.03	0.15	-0.21	0.73	0.58	0.16	0.34	0.07	0.51	0.4	0.41	0.47	0.55	-0.06	0.2
Net Debt	0.94	1.0	-0.15	0.96	0.85	0.14	0.46		0.84	0.63	-0.65	-0.22	-0.51	0.18	0.31	0.81	0.38	0.9	0.76	0.31	0.97	0.94	0.99	0.71	0.49	-0.13
Retained Earnings	0.97	0.84	-0.31	0.77	0.99	-0.18	0.32	0.84		0.51	-0.64	-0.48	-0.66	0.21	0.09	0.89	0.27	0.99	0.61	0.31	0.77	0.97	0.82	0.83	0.49	-0.1
Accounts Payable	0.61	0.63	0.07	0.75	0.49	0.48	-0.03	0.63	0.51		-0.4	-0.03	-0.41	0.18	0.19	0.43	0.1	0.53	0.93	-0.02	0.74	0.6	0.66	0.39	0.45	-0.47
Cash	-0.67	-0.64	0.31	-0.6	-0.64	0.05	-0.43	-0.65	-0.64	-0.4		0.37	0.46	0.25	-0.27	-0.64	-0.32	-0.66	-0.47	-0.29	-0.61	-0.67	-0.68	-0.61	-0.16	0.03
Non Current Assets Total	-0.33	-0.21	0.24	-0.05	-0.45	0.73	-0.03	-0.22	-0.48	-0.03	0.37		0.43	-0.21	0.45	-0.4	-0.31	-0.47	-0.18	-0.14	-0.07	-0.36	-0.17	-0.33	-0.3	0.2
Non Currrent Assets Other	-0.58	-0.51	0.24	-0.42	-0.61	-0.01	0.15	-0.51	-0.66	-0.41	0.46	0.43		0.04	0.16	-0.46	-0.52	-0.64	-0.34	-0.02	-0.44	-0.59	-0.45	-0.36	-0.2	-0.26
Cash And Short Term Investments	0.21	0.18	0.39	0.25	0.17	-0.16	-0.21	0.18	0.21	0.18	0.25	-0.21	0.04		-0.34	0.02	-0.06	0.22	0.31	-0.12	0.24	0.21	0.17	0.0	0.83	-0.64
Net Receivables	0.25	0.3	0.19	0.39	0.15	0.45	0.73	0.31	0.09	0.19	-0.27	0.45	0.16	-0.34		0.36	0.24	0.1	0.07	0.52	0.4	0.24	0.33	0.36	-0.31	0.3
Common Stock Shares Outstanding	0.91	0.81	-0.23	0.72	0.93	-0.17	0.58	0.81	0.89	0.43	-0.64	-0.4	-0.46	0.02	0.36		0.38	0.9	0.56	0.64	0.73	0.91	0.77	0.96	0.23	0.01
Non Current Liabilities Total	0.32	0.38	0.35	0.29	0.27	-0.08	0.16	0.38	0.27	0.1	-0.32	-0.31	-0.52	-0.06	0.24	0.38		0.32	0.1	0.58	0.35	0.33	0.29	0.3	-0.13	0.38
Inventory	0.98	0.89	-0.28	0.81	0.99	-0.16	0.34	0.9	0.99	0.53	-0.66	-0.47	-0.64	0.22	0.1	0.9	0.32		0.66	0.33	0.82	0.99	0.87	0.84	0.51	-0.13
Other Current Assets	0.71	0.76	-0.01	0.82	0.6	0.28	0.07	0.76	0.61	0.93	-0.47	-0.18	-0.34	0.31	0.07	0.56	0.1	0.66		0.07	0.81	0.7	0.78	0.51	0.59	-0.58
Other Stockholder Equity	0.37	0.31	0.33	0.24	0.38	-0.21	0.51	0.31	0.31	-0.02	-0.29	-0.14	-0.02	-0.12	0.52	0.64	0.58	0.33	0.07		0.28	0.37	0.23	0.64	-0.3	0.29
Total Liab	0.9	0.97	0.01	1.0	0.77	0.28	0.4	0.97	0.77	0.74	-0.61	-0.07	-0.44	0.24	0.4	0.73	0.35	0.82	0.81	0.28		0.89	0.97	0.64	0.52	-0.22
Total Current Assets	1.0	0.94	-0.21	0.89	0.97	-0.05	0.41	0.94	0.97	0.6	-0.67	-0.36	-0.59	0.21	0.24	0.91	0.33	0.99	0.7	0.37	0.89		0.92	0.85	0.51	-0.14
Short Term Debt	0.93	0.98	-0.19	0.97	0.82	0.16	0.47	0.99	0.82	0.66	-0.68	-0.17	-0.45	0.17	0.33	0.77	0.29	0.87	0.78	0.23	0.97	0.92		0.7	0.53	-0.21
Common Stock	0.85	0.71	-0.24	0.64	0.89	-0.22	0.55	0.71	0.83	0.39	-0.61	-0.33	-0.36	0.0	0.36	0.96	0.3	0.84	0.51	0.64	0.64	0.85	0.7		0.2	-0.05
Short Term Investments	0.5	0.49	-0.01	0.54	0.45	-0.06	-0.06	0.49	0.49	0.45	-0.16	-0.3	-0.2	0.83	-0.31	0.23	-0.13	0.51	0.59	-0.3	0.52	0.51	0.53	0.2		-0.73
Intangible Assets	-0.14	-0.13	-0.12	-0.25	-0.09	0.09	0.2	-0.13	-0.1	-0.47	0.03	0.2	-0.26	-0.64	0.3	0.01	0.38	-0.13	-0.58	0.29	-0.22	-0.14	-0.21	-0.05	-0.73

Click cells to compare fundamentals

Shemaroo Entertainment Account Relationship Matchups

Shemaroo Entertainment fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	9.0B	8.8B	8.9B	10.4B	10.2B	7.7B
Short Long Term Debt Total	2.5B	2.7B	2.5B	3.1B	3.4B	2.3B
Other Current Liab	49.0M	71.1M	68.7M	318.9M	128.1M	103.3M
Total Current Liabilities	2.8B	2.8B	3.0B	4.3B	4.6B	2.9B
Total Stockholder Equity	6.0B	5.8B	5.8B	5.9B	5.5B	4.7B
Property Plant And Equipment Net	329.8M	264.2M	216.4M	363.4M	432.4M	353.9M
Current Deferred Revenue	47.4M	67.5M	65.8M	109.9M	83.8M	110.7M
Net Debt	2.5B	2.7B	2.5B	3.1B	3.4B	2.3B
Retained Earnings	4.0B	3.8B	3.9B	4.0B	3.6B	2.9B
Accounts Payable	491.0M	252.3M	493.2M	939.4M	1.1B	1.1B
Cash	7.2M	8.5M	16.1M	9.3M	2.3M	2.2M
Non Current Assets Total	393.4M	323.5M	270.4M	444.1M	630.0M	361.8M
Non Currrent Assets Other	(368.9M)	(1K)	10.9M	21.3M	12.2M	11.6M
Cash And Short Term Investments	7.7M	71.2M	85.2M	167.8M	2.3M	2.2M
Net Receivables	1.0B	547.3M	566.4M	1.4B	1.7B	1.4B
Liabilities And Stockholders Equity	9.0B	8.8B	8.9B	10.4B	10.2B	7.7B
Non Current Liabilities Total	289.5M	204.5M	127.9M	169.4M	129.0M	169.1M
Inventory	7.1B	7.3B	7.1B	7.3B	6.8B	5.4B
Other Current Assets	304.3M	520.0M	821.3M	1.2B	1.2B	1.3B
Total Liab	3.1B	3.0B	3.1B	4.5B	4.7B	3.1B
Total Current Assets	8.6B	8.4B	8.6B	9.9B	9.6B	7.2B
Accumulated Other Comprehensive Income	(478.9M)	233.6M	235.9M	243.5M	255.9M	268.7M
Short Term Debt	2.3B	2.5B	2.4B	3.1B	3.3B	2.3B
Short Term Investments	508K	62.7M	69.1M	158.5M	8.3M	7.9M
Intangible Assets	12.4M	8.6M	7.0M	6.0M	9.3M	7.5M
Other Liab	65.9M	36.9M	29.0M	11.4M	10.3M	9.8M
Net Tangible Assets	5.7B	6.0B	5.8B	5.8B	6.7B	5.0B
Other Assets	24.5M	1K	21.0M	39.2M	1.0	0.95
Long Term Debt	234.8M	174.1M	115.6M	125.5M	69.7M	119.7M
Short Long Term Debt	2.2B	2.5B	2.4B	3.0B	3.2B	2.3B
Property Plant Equipment	329.8M	264.2M	216.4M	363.4M	327.1M	244.5M
Long Term Debt Total	252.6M	175.5M	116.4M	126.6M	145.5M	129.6M
Net Invested Capital	8.5B	8.4B	8.3B	9.0B	8.9B	9.1B
Net Working Capital	5.8B	5.6B	5.6B	5.6B	5.0B	5.9B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C

Other Information on Investing in Shemaroo Stock

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Shemaroo Net Income vs Income Tax Expense Analysis

Net Income vs Income Tax Expense

Net Income vs Income Tax Expense Correlation Analysis

Correlation Coefficient

Net Income

Income Tax Expense

Shemaroo Entertainment fundamental ratios Correlations

Shemaroo Entertainment Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shemaroo Entertainment fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in Shemaroo Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Total Current Liabilities
Retained Earnings	+ 0.99	Total Stockholder Equity
Inventory	+ 0.99	Total Stockholder Equity
Short Term Debt	+ 0.99	Net Debt

Intangible Assets	- 0.73	Short Term Investments
Short Term Debt	- 0.68	Cash
Total Current Assets	- 0.67	Cash
Cash	- 0.67	Total Assets
Inventory	- 0.66	Cash
Non Currrent Assets Other	- 0.66	Retained Earnings