000558 Stock | | | 2.91 0.05 1.69% |
Lander Sports financial indicator trend analysis is infinitely more than just investigating Lander Sports Development recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lander Sports Development is a good investment. Please check the relationship between Lander Sports Cash and its Total Current Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Lander Sports Development. 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.
Cash vs Total Current Assets
Cash vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lander Sports Development Cash account and
Total Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Lander Sports' Cash and Total Current Assets is 0.81. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Lander Sports Development, assuming nothing else is changed. The correlation between historical values of Lander Sports' Cash 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 Cash of Lander Sports Development 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 Cash i.e., Lander Sports' Cash and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Cash
Cash refers to the most liquid asset of Lander Sports Development, which is listed under current asset account on Lander Sports Development balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Lander Sports customers. The amounts must be unrestricted with restricted cash listed in a different Lander Sports account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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 Lander Sports' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lander Sports Development 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Lander Sports Development. 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 November 23, 2024,
Selling General Administrative is expected to decline to about 41.9
M. In addition to that,
Tax Provision is expected to decline to about 5.8
MLander Sports fundamental ratios Correlations
Click cells to compare fundamentals
Lander Sports Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lander Sports fundamental ratios Accounts
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Other Information on Investing in Lander Stock
Balance Sheet is a snapshot of the
financial position of Lander Sports Development at a specified time, usually calculated after every quarter, six months, or one year. Lander Sports Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Lander Sports 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 Lander currently owns. An asset can also be divided into two categories, current and non-current.