Lakshmi Non Currrent Assets Other vs Common Stock Shares Outstanding 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 Non Currrent Assets Other and its Common Stock Shares Outstanding 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.

Non Currrent Assets Other vs Common Stock Shares Outstanding

Non Currrent Assets Other vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lakshmi Precision Screws Non Currrent Assets Other account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Lakshmi Precision's Non Currrent Assets Other and Common Stock Shares Outstanding is 0.48. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Common Stock Shares Outstanding 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 Non Currrent Assets Other and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Lakshmi Precision Screws are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Non Currrent Assets Other i.e., Lakshmi Precision's Non Currrent Assets Other and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.48
Relationship DirectionPositive 
Relationship StrengthWeak

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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.