Lakshmi Cash vs Property Plant And Equipment Net Analysis
LAKPRE Stock | 5.34 0.25 4.91% |
Lakshmi Precision financial indicator trend analysis is infinitely more than just investigating Lakshmi Precision Screws recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lakshmi Precision Screws is a good investment. Please check the relationship between Lakshmi Precision Cash and its Property Plant And Equipment Net accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lakshmi Precision Screws. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Cash vs Property Plant And Equipment Net
Cash vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lakshmi Precision Screws Cash account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have weak relationship.
The correlation between Lakshmi Precision's Cash and Property Plant And Equipment Net is 0.35. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Lakshmi Precision Screws, assuming nothing else is changed. The correlation between historical values of Lakshmi Precision's Cash and Property Plant And Equipment Net 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 Lakshmi Precision Screws are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Cash i.e., Lakshmi Precision's Cash and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.35 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Cash
Cash refers to the most liquid asset of Lakshmi Precision Screws, which is listed under current asset account on Lakshmi Precision Screws balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Lakshmi Precision customers. The amounts must be unrestricted with restricted cash listed in a different Lakshmi Precision 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.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Most indicators from Lakshmi Precision's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lakshmi Precision Screws 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lakshmi Precision Screws. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. As of November 29, 2024, Selling General Administrative is expected to decline to about 132.3 M. In addition to that, Tax Provision is expected to decline to about 95.7 K
2015 | 2016 | 2023 | 2024 (projected) | Gross Profit | 476.9M | 84.3M | 75.9M | 72.1M | Total Revenue | 3.7B | 2.6B | 2.3B | 2.0B |
Lakshmi Precision fundamental ratios Correlations
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Lakshmi Precision Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Lakshmi Stock
Balance Sheet is a snapshot of the financial position of Lakshmi Precision Screws at a specified time, usually calculated after every quarter, six months, or one year. Lakshmi Precision Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Lakshmi Precision 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 Lakshmi currently owns. An asset can also be divided into two categories, current and non-current.