Longmaster Intangible Assets vs Other Current Assets Analysis

300288 Stock   14.89  0.61  3.94%   
Longmaster Information financial indicator trend analysis is infinitely more than just investigating Longmaster Information recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Longmaster Information is a good investment. Please check the relationship between Longmaster Information Intangible Assets and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Longmaster Information Tech. 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.

Intangible Assets vs Other Current Assets

Intangible Assets vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Longmaster Information Intangible Assets account and Other Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Longmaster Information's Intangible Assets and Other Current Assets is -0.22. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Longmaster Information Tech, assuming nothing else is changed. The correlation between historical values of Longmaster Information's Intangible Assets and Other 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 Intangible Assets of Longmaster Information Tech are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Intangible Assets i.e., Longmaster Information's Intangible Assets and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.22
Relationship DirectionNegative 
Relationship StrengthInsignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Longmaster Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Longmaster Information 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 Longmaster Information Tech. 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 21.3 M. In addition to that, Tax Provision is expected to decline to about 9.9 M
 2021 2022 2023 2024 (projected)
Operating Income56.4M61.5M80.4M56.1M
Total Revenue406.0M436.6M459.6M301.2M

Longmaster Information fundamental ratios Correlations

0.350.960.990.950.810.550.430.51-0.190.920.130.930.830.05-0.10.8-0.110.840.440.87-0.430.76-0.720.660.55
0.350.360.320.12-0.130.40.060.46-0.170.410.540.38-0.120.680.43-0.210.41-0.010.170.01-0.17-0.270.210.040.1
0.960.360.930.910.810.440.370.46-0.320.960.090.90.810.01-0.040.76-0.050.840.50.87-0.360.73-0.70.70.59
0.990.320.930.960.810.560.40.46-0.170.870.090.940.830.02-0.130.82-0.140.840.360.87-0.480.76-0.710.590.47
0.950.120.910.960.910.420.370.33-0.190.84-0.070.890.89-0.16-0.150.92-0.160.880.370.92-0.430.87-0.820.660.52
0.81-0.130.810.810.910.280.370.21-0.230.77-0.120.690.97-0.27-0.380.95-0.370.860.320.87-0.210.97-0.940.690.53
0.550.40.440.560.420.280.660.440.50.50.290.420.260.380.020.230.040.150.180.180.150.23-0.260.30.28
0.430.060.370.40.370.370.660.220.290.50.440.150.330.28-0.070.35-0.030.210.380.220.330.38-0.450.480.47
0.510.460.460.460.330.210.440.220.190.560.220.470.280.170.150.080.120.410.660.37-0.230.14-0.220.530.55
-0.19-0.17-0.32-0.17-0.19-0.230.50.290.19-0.23-0.22-0.25-0.31-0.130.29-0.260.32-0.340.12-0.320.38-0.240.140.090.17
0.920.410.960.870.840.770.50.50.56-0.230.220.810.760.16-0.010.68-0.010.750.620.77-0.160.69-0.710.810.73
0.130.540.090.09-0.07-0.120.290.440.22-0.220.22-0.1-0.070.860.03-0.150.03-0.15-0.07-0.160.07-0.150.14-0.11-0.09
0.930.380.90.940.890.690.420.150.47-0.250.81-0.10.74-0.06-0.080.71-0.10.810.370.84-0.560.65-0.590.530.43
0.83-0.120.810.830.890.970.260.330.28-0.310.76-0.070.74-0.23-0.520.94-0.530.90.30.89-0.330.98-0.920.620.46
0.050.680.010.02-0.16-0.270.380.280.17-0.130.160.86-0.06-0.230.11-0.310.12-0.36-0.14-0.370.23-0.30.27-0.22-0.17
-0.10.43-0.04-0.13-0.15-0.380.02-0.070.150.29-0.010.03-0.08-0.520.11-0.41.0-0.30.27-0.220.03-0.520.420.10.21
0.8-0.210.760.820.920.950.230.350.08-0.260.68-0.150.710.94-0.31-0.4-0.390.850.230.88-0.350.97-0.90.580.42
-0.110.41-0.05-0.14-0.16-0.370.04-0.030.120.32-0.010.03-0.1-0.530.121.0-0.39-0.330.27-0.240.09-0.510.40.110.22
0.84-0.010.840.840.880.860.150.210.41-0.340.75-0.150.810.9-0.36-0.30.85-0.330.470.98-0.570.84-0.790.630.5
0.440.170.50.360.370.320.180.380.660.120.62-0.070.370.3-0.140.270.230.270.470.430.090.27-0.460.850.91
0.870.010.870.870.920.870.180.220.37-0.320.77-0.160.840.89-0.37-0.220.88-0.240.980.43-0.580.84-0.770.650.52
-0.43-0.17-0.36-0.48-0.43-0.210.150.33-0.230.38-0.160.07-0.56-0.330.230.03-0.350.09-0.570.09-0.58-0.210.060.090.18
0.76-0.270.730.760.870.970.230.380.14-0.240.69-0.150.650.98-0.3-0.520.97-0.510.840.270.84-0.21-0.950.630.47
-0.720.21-0.7-0.71-0.82-0.94-0.26-0.45-0.220.14-0.710.14-0.59-0.920.270.42-0.90.4-0.79-0.46-0.770.06-0.95-0.74-0.62
0.660.040.70.590.660.690.30.480.530.090.81-0.110.530.62-0.220.10.580.110.630.850.650.090.63-0.740.98
0.550.10.590.470.520.530.280.470.550.170.73-0.090.430.46-0.170.210.420.220.50.910.520.180.47-0.620.98
Click cells to compare fundamentals

Longmaster Information Account Relationship Matchups

Longmaster Information fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B1.9B1.9B1.8B1.9B1.2B
Other Current Liab56.0M57.3M56.6M45.0M731.6K695.0K
Total Current Liabilities246.3M317.7M274.4M231.6M211.6M154.6M
Total Stockholder Equity1.4B1.4B1.5B1.5B1.6B977.4M
Retained Earnings643.0M681.7M740.3M803.8M788.0M423.9M
Accounts Payable99.1M122.0M147.9M141.2M116.1M122.0M
Cash375.1M419.9M382.2M332.8M302.4M295.4M
Other Assets46.9M50.3M22.7M25.6M29.5M20.4M
Net Receivables99.7M52.2M75.7M41.5M38.4M64.3M
Other Current Assets22.6M7.4M15.4M11.2M1.5M1.4M
Total Liab440.5M426.7M394.6M288.4M245.2M214.7M
Intangible Assets56.7M51.7M50.2M48.7M47.3M74.5M
Property Plant Equipment347.7M340.2M409.9M399.0M458.9M481.8M
Other Liab8.9M8.9M7.5M8.3M7.5M7.1M
Net Tangible Assets740.2M790.0M849.7M914.7M1.1B740.8M
Inventory7.6M8.4M6.9M7.8M9.0M7.8M
Deferred Long Term Liab1.4M952.9K461.5K166.1K191.0K181.4K
Total Current Assets505.1M520.3M480.2M421.6M386.4M483.3M
Non Current Assets Total1.4B1.4B1.4B1.4B1.5B1.4B
Non Currrent Assets Other31.4M32.0M793.4K1.3M925.2K879.0K
Non Current Liabilities Total194.2M109.0M120.2M56.8M33.7M32.0M
Long Term Debt185.3M100.2M103.4M36.4M19.9M18.9M
Net Invested Capital1.6B1.6B1.6B1.6B1.6B1.7B
Net Working Capital258.8M202.6M205.8M190.0M174.8M213.2M

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Other Information on Investing in Longmaster Stock

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