Shemaroo Net Income vs Total Operating Expenses 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 Total Operating Expenses 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 Total Operating Expenses

Net Income vs Total Operating Expenses 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 Total Operating Expenses. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Shemaroo Entertainment's Net Income and Total Operating Expenses is -0.61. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Total Operating Expenses 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 Total Operating Expenses 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 Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Net Income i.e., Shemaroo Entertainment's Net Income and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.61
Relationship DirectionNegative 
Relationship StrengthWeak

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.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
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 Expense247.0M306.7M363.4M276.5M
Depreciation And Amortization66.3M52.0M55.7M53.7M

Shemaroo Entertainment fundamental ratios Correlations

0.94-0.210.90.97-0.020.410.940.970.61-0.67-0.33-0.580.210.250.910.320.980.710.370.91.00.930.850.5-0.14
0.94-0.150.960.850.140.451.00.840.63-0.64-0.21-0.510.180.30.810.380.890.760.310.970.940.980.710.49-0.13
-0.21-0.15-0.02-0.310.19-0.21-0.15-0.310.070.310.240.240.390.19-0.230.35-0.28-0.010.330.01-0.21-0.19-0.24-0.01-0.12
0.90.96-0.020.770.30.390.960.770.75-0.6-0.05-0.420.250.390.720.290.810.820.241.00.890.970.640.54-0.25
0.970.85-0.310.77-0.190.390.850.990.49-0.64-0.45-0.610.170.150.930.270.990.60.380.770.970.820.890.45-0.09
-0.020.140.190.3-0.19-0.020.14-0.180.480.050.73-0.01-0.160.45-0.17-0.08-0.160.28-0.210.28-0.050.16-0.22-0.060.09
0.410.45-0.210.390.39-0.020.460.32-0.03-0.43-0.030.15-0.210.730.580.160.340.070.510.40.410.470.55-0.060.2
0.941.0-0.150.960.850.140.460.840.63-0.65-0.22-0.510.180.310.810.380.90.760.310.970.940.990.710.49-0.13
0.970.84-0.310.770.99-0.180.320.840.51-0.64-0.48-0.660.210.090.890.270.990.610.310.770.970.820.830.49-0.1
0.610.630.070.750.490.48-0.030.630.51-0.4-0.03-0.410.180.190.430.10.530.93-0.020.740.60.660.390.45-0.47
-0.67-0.640.31-0.6-0.640.05-0.43-0.65-0.64-0.40.370.460.25-0.27-0.64-0.32-0.66-0.47-0.29-0.61-0.67-0.68-0.61-0.160.03
-0.33-0.210.24-0.05-0.450.73-0.03-0.22-0.48-0.030.370.43-0.210.45-0.4-0.31-0.47-0.18-0.14-0.07-0.36-0.17-0.33-0.30.2
-0.58-0.510.24-0.42-0.61-0.010.15-0.51-0.66-0.410.460.430.040.16-0.46-0.52-0.64-0.34-0.02-0.44-0.59-0.45-0.36-0.2-0.26
0.210.180.390.250.17-0.16-0.210.180.210.180.25-0.210.04-0.340.02-0.060.220.31-0.120.240.210.170.00.83-0.64
0.250.30.190.390.150.450.730.310.090.19-0.270.450.16-0.340.360.240.10.070.520.40.240.330.36-0.310.3
0.910.81-0.230.720.93-0.170.580.810.890.43-0.64-0.4-0.460.020.360.380.90.560.640.730.910.770.960.230.01
0.320.380.350.290.27-0.080.160.380.270.1-0.32-0.31-0.52-0.060.240.380.320.10.580.350.330.290.3-0.130.38
0.980.89-0.280.810.99-0.160.340.90.990.53-0.66-0.47-0.640.220.10.90.320.660.330.820.990.870.840.51-0.13
0.710.76-0.010.820.60.280.070.760.610.93-0.47-0.18-0.340.310.070.560.10.660.070.810.70.780.510.59-0.58
0.370.310.330.240.38-0.210.510.310.31-0.02-0.29-0.14-0.02-0.120.520.640.580.330.070.280.370.230.64-0.30.29
0.90.970.011.00.770.280.40.970.770.74-0.61-0.07-0.440.240.40.730.350.820.810.280.890.970.640.52-0.22
1.00.94-0.210.890.97-0.050.410.940.970.6-0.67-0.36-0.590.210.240.910.330.990.70.370.890.920.850.51-0.14
0.930.98-0.190.970.820.160.470.990.820.66-0.68-0.17-0.450.170.330.770.290.870.780.230.970.920.70.53-0.21
0.850.71-0.240.640.89-0.220.550.710.830.39-0.61-0.33-0.360.00.360.960.30.840.510.640.640.850.70.2-0.05
0.50.49-0.010.540.45-0.06-0.060.490.490.45-0.16-0.3-0.20.83-0.310.23-0.130.510.59-0.30.520.510.530.2-0.73
-0.14-0.13-0.12-0.25-0.090.090.2-0.13-0.1-0.470.030.2-0.26-0.640.30.010.38-0.13-0.580.29-0.22-0.14-0.21-0.05-0.73
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Shemaroo Entertainment Account Relationship Matchups

Shemaroo Entertainment fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.0B8.8B8.9B10.4B10.2B7.7B
Short Long Term Debt Total2.5B2.7B2.5B3.1B3.4B2.3B
Other Current Liab49.0M71.1M68.7M318.9M128.1M103.3M
Total Current Liabilities2.8B2.8B3.0B4.3B4.6B2.9B
Total Stockholder Equity6.0B5.8B5.8B5.9B5.5B4.7B
Property Plant And Equipment Net329.8M264.2M216.4M363.4M432.4M353.9M
Current Deferred Revenue47.4M67.5M65.8M109.9M83.8M110.7M
Net Debt2.5B2.7B2.5B3.1B3.4B2.3B
Retained Earnings4.0B3.8B3.9B4.0B3.6B2.9B
Accounts Payable491.0M252.3M493.2M939.4M1.1B1.1B
Cash7.2M8.5M16.1M9.3M2.3M2.2M
Non Current Assets Total393.4M323.5M270.4M444.1M630.0M361.8M
Non Currrent Assets Other(368.9M)(1K)10.9M21.3M12.2M11.6M
Cash And Short Term Investments7.7M71.2M85.2M167.8M2.3M2.2M
Net Receivables1.0B547.3M566.4M1.4B1.7B1.4B
Liabilities And Stockholders Equity9.0B8.8B8.9B10.4B10.2B7.7B
Non Current Liabilities Total289.5M204.5M127.9M169.4M129.0M169.1M
Inventory7.1B7.3B7.1B7.3B6.8B5.4B
Other Current Assets304.3M520.0M821.3M1.2B1.2B1.3B
Total Liab3.1B3.0B3.1B4.5B4.7B3.1B
Total Current Assets8.6B8.4B8.6B9.9B9.6B7.2B
Accumulated Other Comprehensive Income(478.9M)233.6M235.9M243.5M255.9M268.7M
Short Term Debt2.3B2.5B2.4B3.1B3.3B2.3B
Short Term Investments508K62.7M69.1M158.5M8.3M7.9M
Intangible Assets12.4M8.6M7.0M6.0M9.3M7.5M
Other Liab65.9M36.9M29.0M11.4M10.3M9.8M
Net Tangible Assets5.7B6.0B5.8B5.8B6.7B5.0B
Other Assets24.5M1K21.0M39.2M1.00.95
Long Term Debt234.8M174.1M115.6M125.5M69.7M119.7M
Short Long Term Debt2.2B2.5B2.4B3.0B3.2B2.3B
Property Plant Equipment329.8M264.2M216.4M363.4M327.1M244.5M
Long Term Debt Total252.6M175.5M116.4M126.6M145.5M129.6M
Net Invested Capital8.5B8.4B8.3B9.0B8.9B9.1B
Net Working Capital5.8B5.6B5.6B5.6B5.0B5.9B

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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.