Touchwood Interest Income vs Operating Income Analysis

TOUCHWOOD   90.21  0.46  0.51%   
Touchwood Entertainment financial indicator trend analysis is much more than just breaking down Touchwood Entertainment prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Touchwood Entertainment is a good investment. Please check the relationship between Touchwood Entertainment Interest Income and its Operating Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Touchwood 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 rate.

Interest Income vs Operating Income

Interest Income vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Touchwood Entertainment Interest Income account and Operating Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Touchwood Entertainment's Interest Income and Operating Income is 0.57. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Operating Income in the same time period over historical financial statements of Touchwood Entertainment Limited, assuming nothing else is changed. The correlation between historical values of Touchwood Entertainment's Interest Income 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 Interest Income of Touchwood Entertainment Limited 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 Interest Income i.e., Touchwood Entertainment's Interest Income and Operating Income go up and down completely randomly.

Correlation Coefficient

0.57
Relationship DirectionPositive 
Relationship StrengthWeak

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Operating Income

Operating Income is the amount of profit realized from Touchwood Entertainment 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 Touchwood Entertainment Limited 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 Touchwood Entertainment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Touchwood 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 Touchwood 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 rate.
As of the 1st of March 2025, Selling General Administrative is likely to grow to about 53.8 M, while Tax Provision is likely to drop about 8.7 M.
 2022 2023 2024 2025 (projected)
Interest Expense559K530K609.5K1.1M
Depreciation And Amortization6.1M5.2M6.0M4.4M

Touchwood Entertainment fundamental ratios Correlations

0.850.520.530.990.70.11-0.950.980.120.980.620.070.970.720.570.960.10.570.661.00.430.75-0.020.80.52
0.850.580.430.840.69-0.2-0.740.82-0.050.830.660.090.850.470.550.920.00.420.560.830.620.47-0.050.930.45
0.520.580.730.460.72-0.47-0.430.520.460.440.780.530.440.560.220.50.10.230.760.490.510.250.270.390.58
0.530.430.730.430.520.01-0.440.440.860.420.70.370.40.70.040.5-0.050.390.970.50.240.350.580.170.69
0.990.840.460.430.670.12-0.960.990.010.990.570.030.980.670.610.950.120.560.581.00.420.76-0.10.820.46
0.70.690.720.520.67-0.17-0.60.680.190.610.910.040.610.750.320.750.030.60.660.660.770.640.350.570.71
0.11-0.2-0.470.010.12-0.17-0.160.080.030.11-0.16-0.360.090.140.110.05-0.230.190.010.13-0.170.36-0.06-0.180.0
-0.95-0.74-0.43-0.44-0.96-0.6-0.16-0.95-0.05-0.98-0.48-0.14-0.97-0.63-0.55-0.87-0.12-0.6-0.57-0.97-0.24-0.770.16-0.73-0.35
0.980.820.520.440.990.680.08-0.950.010.980.580.090.970.670.620.930.190.510.580.980.440.73-0.110.80.46
0.12-0.050.460.860.010.190.03-0.050.01-0.010.430.34-0.040.5-0.360.070.00.220.760.09-0.060.080.75-0.30.57
0.980.830.440.420.990.610.11-0.980.98-0.010.50.111.00.590.610.920.10.560.550.990.330.71-0.180.830.37
0.620.660.780.70.570.91-0.16-0.480.580.430.50.10.490.760.130.710.050.60.790.570.730.550.520.410.86
0.070.090.530.370.030.04-0.36-0.140.090.340.110.10.12-0.17-0.14-0.060.180.050.290.06-0.14-0.340.010.07-0.02
0.970.850.440.40.980.610.09-0.970.97-0.041.00.490.120.560.630.920.080.530.530.980.340.68-0.20.860.34
0.720.470.560.70.670.750.14-0.630.670.50.590.76-0.170.560.290.720.180.510.80.690.420.830.440.290.75
0.570.550.220.040.610.320.11-0.550.62-0.360.610.13-0.140.630.290.550.0-0.110.170.60.180.46-0.490.66-0.14
0.960.920.50.50.950.750.05-0.870.930.070.920.71-0.060.920.720.550.10.570.650.950.570.730.060.840.58
0.10.00.1-0.050.120.03-0.23-0.120.190.00.10.050.180.080.180.00.1-0.01-0.010.1-0.080.090.080.030.02
0.570.420.230.390.560.60.19-0.60.510.220.560.60.050.530.51-0.110.57-0.010.50.550.270.660.260.290.59
0.660.560.760.970.580.660.01-0.570.580.760.550.790.290.530.80.170.65-0.010.50.630.330.520.520.310.72
1.00.830.490.51.00.660.13-0.970.980.090.990.570.060.980.690.60.950.10.550.630.380.75-0.070.80.47
0.430.620.510.240.420.77-0.17-0.240.44-0.060.330.73-0.140.340.420.180.57-0.080.270.330.380.270.270.510.65
0.750.470.250.350.760.640.36-0.770.730.080.710.55-0.340.680.830.460.730.090.660.520.750.270.030.380.48
-0.02-0.050.270.58-0.10.35-0.060.16-0.110.75-0.180.520.01-0.20.44-0.490.060.080.260.52-0.070.270.03-0.240.64
0.80.930.390.170.820.57-0.18-0.730.8-0.30.830.410.070.860.290.660.840.030.290.310.80.510.38-0.240.17
0.520.450.580.690.460.710.0-0.350.460.570.370.86-0.020.340.75-0.140.580.020.590.720.470.650.480.640.17
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Touchwood Entertainment Account Relationship Matchups

Touchwood Entertainment fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets179.2M185.3M337.2M429.4M493.8M518.5M
Short Long Term Debt Total6.6M4.5M2.7M17.2M19.8M20.8M
Other Current Liab7.9M4.6M11.8M16.7M19.2M10.3M
Total Current Liabilities33.0M18.7M67.5M48.6M55.9M48.3M
Total Stockholder Equity135.1M156.8M260.6M352.8M405.8M426.0M
Property Plant And Equipment Net27.2M26.6M20.6M40.7M46.9M27.4M
Current Deferred Revenue7.2M13.9M14.6M6.2M7.2M9.9M
Net Debt(37.7M)(67.1M)(168.1M)(196.3M)(176.7M)(167.9M)
Retained Earnings33.3M55M79.1M108.2M124.5M130.7M
Accounts Payable14.3M2.6M41.3M9.4M10.8M10.2M
Cash44.2M71.6M170.7M213.5M245.6M257.8M
Non Current Assets Total49.6M52.9M39.7M61.6M70.8M52.5M
Non Currrent Assets Other(29.0M)100K37.5M15.8M14.2M9.2M
Cash And Short Term Investments44.2M71.6M191.5M266.8M306.8M322.1M
Net Receivables79.3M48.2M70.3M74.2M85.3M47.4M
Liabilities And Stockholders Equity179.2M185.3M337.2M429.4M493.8M518.5M
Non Current Liabilities Total11.0M9.8M9.1M21.4M24.6M25.8M
Other Current Assets16.2M26.3M28.3M26.9M30.9M18.5M
Total Liab44.1M28.5M76.6M70.0M80.4M57.3M
Total Current Assets129.6M132.4M297.6M367.8M423.0M444.1M
Short Term Debt3.7M2.3M(2.4M)4.0M4.6M4.8M
Other Assets27.8M24.8M2.4M1K900.0855.0
Long Term Debt2.9M2.2M1.5M13.2M15.2M16.0M
Property Plant Equipment27.9M28.9M26.6M22.9M26.3M29.9M
Other Liab6.8M8.8M8.1M7.6M8.7M7.0M
Net Tangible Assets118.8M122.7M133.4M152.5M175.4M118.0M
Short Term Investments455K570K20.8M53.2M61.2M64.3M
Long Term Debt Total2.1M2.9M2.2M1.5M1.4M2.3M
Other Stockholder Equity33.3M55.0M5.7M82.8M95.2M100.0M
Short Long Term Debt3.7M2.3M1.1M4.0M3.6M2.5M
Net Invested Capital141.7M161.3M263.3M370.0M425.5M446.8M
Cash And Equivalents3.0M3.1M0.020.8M23.9M25.1M
Net Working Capital96.6M113.6M230.0M319.2M367.1M385.5M
Intangible Assets1.7M4.2M40K2.9M3.3M3.5M
Property Plant And Equipment Gross57.2M61.1M56.2M70.8M81.4M65.3M

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Other Information on Investing in Touchwood Stock

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