Lakshmi Selling General Administrative vs Operating Income Analysis

LAKPRE Stock   5.40  0.29  5.10%   
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 Selling General Administrative and its Operating Income 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.

Selling General Administrative vs Operating Income

Selling General Administrative vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lakshmi Precision Screws Selling General Administrative account and Operating Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Lakshmi Precision's Selling General Administrative and Operating Income is -0.12. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Operating Income 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 Selling General Administrative and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Lakshmi Precision Screws are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Selling General Administrative i.e., Lakshmi Precision's Selling General Administrative and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.12
Relationship DirectionNegative 
Relationship StrengthInsignificant

Selling General Administrative

Operating Income

Operating Income is the amount of profit realized from Lakshmi Precision Screws operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Lakshmi Precision Screws is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
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 26, 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.