Lakshmi Good Will vs Current Deferred Revenue 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 Good Will and its Current Deferred Revenue 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.

Good Will vs Current Deferred Revenue

Good Will vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lakshmi Precision Screws Good Will account and Current Deferred Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Lakshmi Precision's Good Will and Current Deferred Revenue is -0.53. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Current Deferred Revenue 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 Good Will and Current Deferred 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 Good Will of Lakshmi Precision Screws are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Good Will i.e., Lakshmi Precision's Good Will and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.53
Relationship DirectionNegative 
Relationship StrengthVery Weak

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
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 Profit476.9M84.3M75.9M72.1M
Total Revenue3.7B2.6B2.3B2.0B

Lakshmi Precision fundamental ratios Correlations

0.320.550.920.290.870.89-0.1-0.310.640.870.70.64-0.510.250.810.99-0.540.430.970.950.820.69-0.150.370.11
0.320.720.41-0.590.420.43-0.65-0.04-0.270.430.41-0.27-0.080.450.290.270.120.390.480.13-0.260.57-0.84-0.610.84
0.550.720.79-0.460.790.8-0.68-0.06-0.070.790.78-0.07-0.20.660.460.52-0.10.620.640.340.090.86-0.64-0.420.71
0.920.410.790.070.960.99-0.3-0.20.50.970.820.5-0.380.470.740.91-0.450.570.910.810.640.85-0.330.160.31
0.29-0.59-0.460.07-0.1-0.030.910.080.86-0.1-0.070.860.17-0.28-0.070.38-0.24-0.270.090.530.66-0.410.580.74-0.74
0.870.420.790.96-0.10.99-0.47-0.250.351.00.790.35-0.510.460.850.83-0.520.620.90.710.580.94-0.330.160.35
0.890.430.80.99-0.030.99-0.4-0.280.420.990.770.42-0.460.470.80.87-0.490.60.910.760.610.92-0.380.120.38
-0.1-0.65-0.68-0.30.91-0.47-0.40.270.64-0.47-0.350.640.47-0.32-0.460.00.04-0.43-0.30.160.29-0.730.60.57-0.75
-0.31-0.04-0.06-0.20.08-0.25-0.280.270.01-0.250.130.010.750.25-0.49-0.290.08-0.11-0.36-0.29-0.38-0.330.210.1-0.27
0.64-0.27-0.070.50.860.350.420.640.010.350.231.00.03-0.060.290.7-0.46-0.030.460.80.790.050.240.71-0.46
0.870.430.790.97-0.11.00.99-0.47-0.250.350.790.35-0.510.460.840.83-0.520.620.90.710.580.94-0.340.150.36
0.70.410.780.82-0.070.790.77-0.350.130.230.790.23-0.230.480.520.68-0.190.460.720.580.40.69-0.110.090.23
0.64-0.27-0.070.50.860.350.420.640.011.00.350.230.03-0.060.290.7-0.46-0.030.460.80.790.050.240.71-0.46
-0.51-0.08-0.2-0.380.17-0.51-0.460.470.750.03-0.51-0.230.030.22-0.83-0.440.47-0.19-0.6-0.42-0.54-0.54-0.02-0.18-0.09
0.250.450.660.47-0.280.460.47-0.320.25-0.060.460.48-0.060.220.050.240.10.90.270.02-0.130.51-0.36-0.230.58
0.810.290.460.74-0.070.850.8-0.46-0.490.290.840.520.29-0.830.050.74-0.680.380.860.690.660.8-0.170.320.16
0.990.270.520.910.380.830.870.0-0.290.70.830.680.7-0.440.240.74-0.510.40.940.970.840.63-0.120.380.07
-0.540.12-0.1-0.45-0.24-0.52-0.490.040.08-0.46-0.52-0.19-0.460.470.1-0.68-0.51-0.07-0.5-0.53-0.62-0.41-0.11-0.560.33
0.430.390.620.57-0.270.620.6-0.43-0.11-0.030.620.46-0.03-0.190.90.380.4-0.070.470.180.120.67-0.28-0.070.57
0.970.480.640.910.090.90.91-0.3-0.360.460.90.720.46-0.60.270.860.94-0.50.470.880.710.78-0.280.220.27
0.950.130.340.810.530.710.760.16-0.290.80.710.580.8-0.420.020.690.97-0.530.180.880.90.47-0.010.49-0.12
0.82-0.260.090.640.660.580.610.29-0.380.790.580.40.79-0.54-0.130.660.84-0.620.120.710.90.320.330.7-0.39
0.690.570.860.85-0.410.940.92-0.73-0.330.050.940.690.05-0.540.510.80.63-0.410.670.780.470.32-0.53-0.120.59
-0.15-0.84-0.64-0.330.58-0.33-0.380.60.210.24-0.34-0.110.24-0.02-0.36-0.17-0.12-0.11-0.28-0.28-0.010.33-0.530.74-0.87
0.37-0.61-0.420.160.740.160.120.570.10.710.150.090.71-0.18-0.230.320.38-0.56-0.070.220.490.7-0.120.74-0.78
0.110.840.710.31-0.740.350.38-0.75-0.27-0.460.360.23-0.46-0.090.580.160.070.330.570.27-0.12-0.390.59-0.87-0.78
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Lakshmi Precision Account Relationship Matchups

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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.