Spin Property Plant Equipment vs Total Current Assets Analysis

TOY Stock  CAD 33.62  0.15  0.44%   
Spin Master financial indicator trend analysis is much more than just breaking down Spin Master Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Spin Master Corp is a good investment. Please check the relationship between Spin Master Property Plant Equipment and its Total Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spin Master Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Property Plant Equipment vs Total Current Assets

Property Plant Equipment vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Spin Master Corp Property Plant Equipment account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Spin Master's Property Plant Equipment and Total Current Assets is 0.77. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Spin Master Corp, assuming nothing else is changed. The correlation between historical values of Spin Master's Property Plant Equipment and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Spin Master Corp are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Property Plant Equipment i.e., Spin Master's Property Plant Equipment and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant Equipment

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Spin Master's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Spin Master Corp 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 Spin Master Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Spin Master's Selling General Administrative is very stable compared to the past year. As of the 7th of January 2025, Enterprise Value Over EBITDA is likely to grow to 8.33, while Tax Provision is likely to drop about 44.1 M.
 2022 2023 2024 2025 (projected)
Gross Profit1.1B1.0B1.2B750.0M
Total Revenue2.0B1.9B2.2B1.5B

Spin Master fundamental ratios Correlations

-0.310.480.990.76-0.90.90.820.950.90.70.450.950.840.880.70.940.720.751.01.00.78-0.570.980.990.91
-0.310.32-0.36-0.31-0.02-0.05-0.34-0.19-0.35-0.480.28-0.19-0.4-0.37-0.41-0.35-0.560.06-0.31-0.33-0.540.38-0.26-0.36-0.3
0.480.320.390.35-0.490.580.480.50.450.260.610.50.380.40.290.360.010.890.470.440.10.040.480.380.36
0.99-0.360.390.77-0.890.870.820.940.910.70.390.940.850.90.710.930.760.690.991.00.82-0.610.961.00.91
0.76-0.310.350.77-0.620.590.870.610.880.30.310.610.780.870.870.810.790.680.730.760.76-0.510.70.80.79
-0.9-0.02-0.49-0.89-0.62-0.9-0.69-0.94-0.82-0.54-0.61-0.94-0.68-0.77-0.48-0.78-0.6-0.74-0.9-0.89-0.630.54-0.92-0.89-0.85
0.9-0.050.580.870.59-0.90.60.950.750.730.680.950.60.670.410.840.430.780.90.870.46-0.330.920.850.86
0.82-0.340.480.820.87-0.690.60.670.90.410.240.670.920.930.920.740.80.750.810.810.84-0.660.740.840.72
0.95-0.190.50.940.61-0.940.950.670.820.740.621.00.680.760.470.870.580.760.960.940.62-0.480.980.930.91
0.9-0.350.450.910.88-0.820.750.90.820.530.470.820.910.980.780.850.820.780.890.90.86-0.60.870.920.84
0.7-0.480.260.70.3-0.540.730.410.740.530.320.740.510.440.260.70.270.430.720.680.4-0.410.690.650.6
0.450.280.610.390.31-0.610.680.240.620.470.320.620.150.32-0.070.420.050.720.430.40.040.130.560.390.55
0.95-0.190.50.940.61-0.940.950.671.00.820.740.620.680.760.470.870.580.760.960.940.62-0.480.980.930.91
0.84-0.40.380.850.78-0.680.60.920.680.910.510.150.680.950.880.750.780.640.840.850.92-0.670.740.860.66
0.88-0.370.40.90.87-0.770.670.930.760.980.440.320.760.950.850.80.880.710.870.890.93-0.640.830.920.78
0.7-0.410.290.710.87-0.480.410.920.470.780.26-0.070.470.880.850.660.80.540.680.710.83-0.640.580.730.59
0.94-0.350.360.930.81-0.780.840.740.870.850.70.420.870.750.80.660.650.670.930.930.72-0.480.910.920.93
0.72-0.560.010.760.79-0.60.430.80.580.820.270.050.580.780.880.80.650.380.70.740.91-0.690.660.810.67
0.750.060.890.690.68-0.740.780.750.760.780.430.720.760.640.710.540.670.380.740.720.45-0.220.770.690.71
1.0-0.310.470.990.73-0.90.90.810.960.890.720.430.960.840.870.680.930.70.740.990.78-0.590.970.980.9
1.0-0.330.441.00.76-0.890.870.810.940.90.680.40.940.850.890.710.930.740.720.990.81-0.570.970.990.89
0.78-0.540.10.820.76-0.630.460.840.620.860.40.040.620.920.930.830.720.910.450.780.81-0.720.70.840.67
-0.570.380.04-0.61-0.510.54-0.33-0.66-0.48-0.6-0.410.13-0.48-0.67-0.64-0.64-0.48-0.69-0.22-0.59-0.57-0.72-0.48-0.63-0.43
0.98-0.260.480.960.7-0.920.920.740.980.870.690.560.980.740.830.580.910.660.770.970.970.7-0.480.960.95
0.99-0.360.381.00.8-0.890.850.840.930.920.650.390.930.860.920.730.920.810.690.980.990.84-0.630.960.91
0.91-0.30.360.910.79-0.850.860.720.910.840.60.550.910.660.780.590.930.670.710.90.890.67-0.430.950.91
Click cells to compare fundamentals

Spin Master Account Relationship Matchups

Spin Master fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.3B1.7B1.8B2.0B2.3B2.4B
Other Current Liab207.5M226.8M228.6M239.3M215.4M170.1M
Total Current Liabilities405.4M561.9M424.3M446.5M513.5M445.0M
Total Stockholder Equity842.9M1.1B1.2B1.4B1.6B1.7B
Property Plant And Equipment Net120.7M105M98.9M86.2M99.1M65.8M
Net Debt(246.2M)(489.7M)(573.1M)(643.6M)(579.2M)(550.3M)
Retained Earnings17.4M216M468.1M604.5M695.2M729.9M
Accounts Payable161.4M274.7M153M189.2M217.6M145.5M
Cash320.6M562.7M644.3M705.7M811.6M852.1M
Non Current Assets Total552.8M617M660.3M670.7M771.3M403.3M
Non Currrent Assets Other2.7M8.4M7.8M122.3M140.6M147.7M
Other Assets29.4M99.4M105.4M111.3M128.0M68.7M
Cash And Short Term Investments320.6M562.7M644.3M705.7M811.6M852.1M
Net Receivables277.2M352.4M311M414.4M476.6M279.3M
Good Will138M173.1M179M165.9M190.8M106.5M
Inventory102M137.4M105.1M98M112.7M99.2M
Other Current Assets86.6M67.2M71.8M102.5M117.9M123.8M
Other Stockholder Equity36.6M40.8M50M27.4M31.5M28.0M
Total Liab499.2M684.3M550M570.6M656.2M508.4M
Total Current Assets789.3M1.1B1.1B1.3B1.5B1.6B
Intangible Assets192M227.2M267.2M281.3M323.5M339.7M
Common Stock724.8M736.9M754.7M783.4M900.9M582.0M
Short Long Term Debt Total74.4M73M71.2M62.1M55.9M70.2M
Other Liab29.4M34.8M62.7M70.8M81.4M85.5M
Net Tangible Assets439.2M512.9M652.1M796.3M915.7M961.5M
Liabilities And Stockholders Equity1.3B1.7B1.8B2.0B2.3B1.2B
Non Current Liabilities Total93.8M122.4M125.7M124.1M142.7M149.9M
Accumulated Other Comprehensive Income64.1M58.7M(21M)3.8M3.4M3.2M
Short Term Debt15.4M13.3M16.3M11.4M10.3M9.7M
Property Plant Equipment145.1M120.4M105M98.9M113.7M68.4M
Current Deferred Revenue25.3M10.9M11.5M11M12.7M10.9M
Common Stock Shares Outstanding104.2M105.3M106.4M105.7M121.6M111.9M
Property Plant And Equipment Gross120.7M317.9M321.5M291.6M335.3M352.1M
Long Term Debt Total67.6M59M59.7M54.9M63.1M39.6M
Capital Surpluse35.8M36.6M40.8M40.7M46.8M36.9M
Net Invested Capital842.9M1.1B1.2B1.4B1.6B1.0B
Net Working Capital383.9M557.8M707.9M872.5M1.0B532.7M

Other Information on Investing in Spin Stock

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