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 Total Current Assets and its Total Revenue 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.
Total Current Assets vs Total Revenue
Total Current Assets vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Longmaster Information Total Current Assets account and
Total Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Longmaster Information's Total Current Assets and Total Revenue is -0.61. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Revenue 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 Total Current Assets and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Longmaster Information Tech are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Total Current Assets i.e., Longmaster Information's Total Current Assets and Total Revenue go up and down completely randomly.
Correlation Coefficient | -0.61 |
Relationship Direction | Negative |
Relationship Strength | Weak |
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.
Total Revenue
Total revenue comprises all receipts Longmaster Information generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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 Income | 56.4M | 61.5M | 80.4M | 56.1M | Total Revenue | 406.0M | 436.6M | 459.6M | 301.2M |
Longmaster Information fundamental ratios Correlations
Click cells to compare fundamentals
Longmaster Information Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Longmaster Information fundamental ratios Accounts
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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.