Spin Stock Based Compensation vs Sale Purchase Of Stock Analysis

TOY Stock  CAD 32.94  0.08  0.24%   
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 Stock Based Compensation and its Sale Purchase Of Stock 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.

Stock Based Compensation vs Sale Purchase Of Stock

Stock Based Compensation vs Sale Purchase Of Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Spin Master Corp Stock Based Compensation account and Sale Purchase Of Stock. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Spin Master's Stock Based Compensation and Sale Purchase Of Stock is 0.84. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Sale Purchase Of Stock 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 Stock Based Compensation and Sale Purchase Of Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Spin Master Corp are associated (or correlated) with its Sale Purchase Of Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Sale Purchase Of Stock has no effect on the direction of Stock Based Compensation i.e., Spin Master's Stock Based Compensation and Sale Purchase Of Stock go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Sale Purchase Of Stock

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 4th of December 2024, Enterprise Value Over EBITDA is likely to grow to 8.33, while Tax Provision is likely to drop about 44.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.1B1.1B1.0B750.0M
Total Revenue2.0B2.0B1.9B1.5B

Spin Master fundamental ratios Correlations

-0.280.40.920.85-0.820.750.890.840.990.420.420.840.890.970.770.890.820.751.00.990.83-0.590.860.920.87
-0.280.36-0.37-0.31-0.03-0.02-0.34-0.19-0.36-0.530.32-0.19-0.42-0.38-0.41-0.34-0.560.09-0.29-0.31-0.560.38-0.26-0.36-0.27
0.40.360.30.3-0.420.520.430.430.350.120.540.430.280.320.260.24-0.040.870.390.350.00.10.40.290.25
0.92-0.370.30.78-0.880.830.830.920.920.590.310.920.850.910.740.830.810.640.920.930.83-0.620.951.00.8
0.85-0.310.30.78-0.580.570.870.60.890.220.250.60.770.860.870.910.790.650.820.830.74-0.490.670.780.84
-0.82-0.03-0.42-0.88-0.58-0.9-0.65-0.95-0.77-0.46-0.56-0.95-0.61-0.73-0.46-0.66-0.59-0.68-0.83-0.8-0.570.52-0.93-0.89-0.74
0.75-0.020.520.830.57-0.90.550.930.710.630.650.930.510.620.390.650.430.740.740.710.38-0.30.910.840.7
0.89-0.340.430.830.87-0.650.550.650.90.320.140.650.910.920.920.780.80.710.890.870.83-0.640.70.820.74
0.84-0.190.430.920.6-0.950.930.650.810.630.581.00.620.750.460.710.60.720.840.810.59-0.470.980.920.78
0.99-0.360.350.920.89-0.770.710.90.810.420.380.810.880.980.80.910.850.720.980.980.85-0.60.840.920.87
0.42-0.530.120.590.22-0.460.630.320.630.420.210.630.390.340.210.40.240.280.440.40.31-0.390.620.580.31
0.420.320.540.310.25-0.560.650.140.580.380.210.580.010.22-0.140.390.00.650.410.36-0.070.190.510.330.55
0.84-0.190.430.920.6-0.950.930.651.00.810.630.580.620.750.460.710.60.720.840.810.59-0.470.980.920.78
0.89-0.420.280.850.77-0.610.510.910.620.880.390.010.620.940.90.770.80.560.890.910.92-0.670.690.830.63
0.97-0.380.320.910.86-0.730.620.920.750.980.340.220.750.940.860.860.90.660.960.980.92-0.630.790.90.8
0.77-0.410.260.740.87-0.460.390.920.460.80.21-0.140.460.90.860.730.790.530.760.780.83-0.630.550.720.62
0.89-0.340.240.830.91-0.660.650.780.710.910.40.390.710.770.860.730.730.640.870.880.76-0.470.780.830.9
0.82-0.56-0.040.810.79-0.590.430.80.60.850.240.00.60.80.90.790.730.360.810.840.92-0.690.660.80.73
0.750.090.870.640.65-0.680.740.710.720.720.280.650.720.560.660.530.640.360.740.70.36-0.170.710.640.68
1.0-0.290.390.920.82-0.830.740.890.840.980.440.410.840.890.960.760.870.810.740.990.84-0.610.860.920.85
0.99-0.310.350.930.83-0.80.710.870.810.980.40.360.810.910.980.780.880.840.70.990.87-0.580.850.920.84
0.83-0.560.00.830.74-0.570.380.830.590.850.31-0.070.590.920.920.830.760.920.360.840.87-0.720.660.820.67
-0.590.380.1-0.62-0.490.52-0.3-0.64-0.47-0.6-0.390.19-0.47-0.67-0.63-0.63-0.47-0.69-0.17-0.61-0.58-0.72-0.46-0.62-0.4
0.86-0.260.40.950.67-0.930.910.70.980.840.620.510.980.690.790.550.780.660.710.860.850.66-0.460.950.83
0.92-0.360.291.00.78-0.890.840.820.920.920.580.330.920.830.90.720.830.80.640.920.920.82-0.620.950.81
0.87-0.270.250.80.84-0.740.70.740.780.870.310.550.780.630.80.620.90.730.680.850.840.67-0.40.830.81
Click cells to compare fundamentals

Spin Master Account Relationship Matchups

Spin Master fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.3B1.7B1.8B2.0B1.1B
Other Current Liab163.6M207.5M226.8M228.6M239.3M170.1M
Total Current Liabilities399M405.4M561.9M424.3M446.5M445.0M
Total Stockholder Equity760.4M842.9M1.1B1.2B1.4B1.5B
Property Plant And Equipment Net145.1M120.7M105M98.9M86.2M65.8M
Net Debt(32.6M)(246.2M)(489.7M)(573.1M)(643.6M)(611.4M)
Retained Earnings(28.1M)17.4M216M468.1M604.5M634.7M
Accounts Payable215.8M161.4M274.7M153M189.2M145.5M
Cash115.3M320.6M562.7M644.3M705.7M741.0M
Non Current Assets Total495.7M552.8M617M660.3M670.7M403.3M
Non Currrent Assets Other3.2M2.7M8.4M7.8M122.3M128.4M
Other Assets29.4M99.4M105.4M111.3M128.0M68.7M
Cash And Short Term Investments115.3M320.6M562.7M644.3M705.7M741.0M
Net Receivables370.7M277.2M352.4M311M414.4M279.3M
Good Will138.8M138M173.1M179M165.9M106.5M
Inventory185.3M102M137.4M105.1M98M99.2M
Other Current Assets89.4M86.6M67.2M71.8M102.5M53.7M
Other Stockholder Equity35.8M36.6M40.8M50M27.4M28.0M
Total Liab496M499.2M684.3M550M570.6M508.4M
Total Current Assets760.7M789.3M1.1B1.1B1.3B700.4M
Intangible Assets182.4M192M227.2M267.2M281.3M161.7M
Common Stock714.5M724.8M736.9M754.7M783.4M582.0M
Other Liab29.4M34.8M62.7M70.8M81.4M85.5M
Net Tangible Assets439.2M512.9M652.1M796.3M915.7M961.5M
Liabilities And Stockholders Equity1.3B1.3B1.7B1.8B2.0B1.2B
Non Current Liabilities Total97M93.8M122.4M125.7M124.1M69.1M
Accumulated Other Comprehensive Income38.2M64.1M58.7M(21M)3.8M3.6M
Short Term Debt15.1M15.4M13.3M16.3M11.4M10.8M
Property Plant Equipment145.1M120.4M105M98.9M113.7M68.4M
Current Deferred Revenue7.6M25.3M10.9M11.5M11M10.9M
Common Stock Total Equity681.3M694.1M714.5M724.8M833.5M640.2M
Common Stock Shares Outstanding102.9M104.2M105.3M106.4M105.7M111.9M
Property Plant And Equipment Gross145.1M120.7M317.9M321.5M291.6M147.4M
Long Term Debt Total67.6M59M59.7M54.9M63.1M39.6M
Capital Surpluse35.8M36.6M40.8M40.7M46.8M36.9M
Net Invested Capital760.4M842.9M1.1B1.2B1.4B1.0B
Net Working Capital361.7M383.9M557.8M707.9M872.5M532.7M

Pair Trading with Spin Master

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Spin Master position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Spin Master will appreciate offsetting losses from the drop in the long position's value.

Moving together with Spin Stock

  0.77AAPL Apple Inc CDRPairCorr
The ability to find closely correlated positions to Spin Master could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Spin Master when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Spin Master - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Spin Master Corp to buy it.
The correlation of Spin Master is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Spin Master moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Spin Master Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Spin Master can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

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.