LMF Total Current Liabilities vs Other Current Assets Analysis
ICU Stock | USD 2.50 0.04 1.57% |
LMF Acquisition financial indicator trend analysis is infinitely more than just investigating LMF Acquisition Oppo recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LMF Acquisition Oppo is a good investment. Please check the relationship between LMF Acquisition Total Current Liabilities and its Other Current Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in LMF Acquisition Opportunities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Total Current Liabilities vs Other Current Assets
Total Current Liabilities vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LMF Acquisition Oppo Total Current Liabilities account and Other Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between LMF Acquisition's Total Current Liabilities and Other Current Assets is 0.97. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of LMF Acquisition Opportunities, assuming nothing else is changed. The correlation between historical values of LMF Acquisition's Total Current Liabilities 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 Total Current Liabilities of LMF Acquisition Opportunities 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 Total Current Liabilities i.e., LMF Acquisition's Total Current Liabilities and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Current Liabilities
Total Current Liabilities is an item on LMF Acquisition balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of LMF Acquisition Opportunities are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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 LMF Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LMF Acquisition Oppo 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in LMF Acquisition Opportunities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. Tax Provision is expected to grow at the current pace this year. Selling General Administrative is likely to drop to about 5.1 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 212K | 630K | 1.1M | 1.0M | Depreciation And Amortization | 4.4M | 11.6K | 14.0M | 14.7M |
LMF Acquisition fundamental ratios Correlations
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LMF Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for LMF Stock Analysis
When running LMF Acquisition's price analysis, check to measure LMF Acquisition's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy LMF Acquisition is operating at the current time. Most of LMF Acquisition's value examination focuses on studying past and present price action to predict the probability of LMF Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LMF Acquisition's price. Additionally, you may evaluate how the addition of LMF Acquisition to your portfolios can decrease your overall portfolio volatility.