Lancaster Ebit vs Other Operating Expenses Analysis
LANC Stock | USD 185.65 3.67 2.02% |
Lancaster Colony financial indicator trend analysis is infinitely more than just investigating Lancaster Colony recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lancaster Colony is a good investment. Please check the relationship between Lancaster Colony Ebit and its Other Operating Expenses accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lancaster Colony. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Lancaster Stock refer to our How to Trade Lancaster Stock guide.
Ebit vs Other Operating Expenses
Ebit vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lancaster Colony Ebit account and Other Operating Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between Lancaster Colony's Ebit and Other Operating Expenses is 0.68. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Lancaster Colony, assuming nothing else is changed. The correlation between historical values of Lancaster Colony's Ebit and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Lancaster Colony are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Ebit i.e., Lancaster Colony's Ebit and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Ebit
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Lancaster Colony. It is also known as Lancaster Colony overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most indicators from Lancaster Colony's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lancaster Colony 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 Lancaster Colony. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Lancaster Stock refer to our How to Trade Lancaster Stock guide.At present, Lancaster Colony's Enterprise Value Multiple is projected to increase based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 3.9 B, whereas Selling General Administrative is forecasted to decline to about 7.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 355.7M | 388.6M | 432.0M | 288.0M | Total Revenue | 1.7B | 1.8B | 1.9B | 1.1B |
Lancaster Colony fundamental ratios Correlations
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Lancaster Colony Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lancaster Colony fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 993.4M | 1.1B | 1.1B | 1.1B | 1.2B | 664.6M | |
Short Long Term Debt Total | 24.7M | 33.3M | 36.2M | 30.0M | 57.7M | 32.8M | |
Other Current Liab | 48.1M | 52.5M | 37.6M | 44.2M | 50.0M | 44.7M | |
Total Current Liabilities | 126.3M | 173.9M | 165.6M | 168.8M | 184.0M | 105.3M | |
Total Stockholder Equity | 783.3M | 843.1M | 844.7M | 862.3M | 925.8M | 504.0M | |
Property Plant And Equipment Net | 293.3M | 364.6M | 451.4M | 506.9M | 532.8M | 559.5M | |
Net Debt | (173.6M) | (154.8M) | (24.1M) | (58.5M) | (105.8M) | (100.5M) | |
Retained Earnings | 1.4B | 1.5B | 1.5B | 1.5B | 1.6B | 879.0M | |
Cash | 198.3M | 188.1M | 60.3M | 88.5M | 163.4M | 86.4M | |
Non Current Assets Total | 607.7M | 677.8M | 738.6M | 738.5M | 762.9M | 801.1M | |
Non Currrent Assets Other | 40.9M | 46.0M | 7.6M | 18.4M | 21.7M | 20.7M | |
Cash And Short Term Investments | 198.3M | 188.1M | 60.3M | 88.5M | 163.4M | 89.4M | |
Net Receivables | 86.6M | 97.9M | 135.5M | 115.0M | 95.6M | 92.4M | |
Common Stock Shares Outstanding | 27.5M | 27.5M | 27.5M | 27.5M | 27.5M | 28.4M | |
Liabilities And Stockholders Equity | 993.4M | 1.1B | 1.1B | 1.1B | 1.3B | 665.4M | |
Non Current Liabilities Total | 83.8M | 84.2M | 80.1M | 82.0M | 97.2M | 54.9M | |
Inventory | 85.0M | 121.9M | 144.7M | 158.3M | 173.3M | 99.1M | |
Other Current Assets | 15.7M | 15.7M | 11.3M | 12.8M | 11.7M | 16.8M | |
Other Stockholder Equity | (750.9M) | (759.4M) | (767M) | (776.2M) | (783.8M) | (744.7M) | |
Total Liab | 210.1M | 258.1M | 245.7M | 250.7M | 296.7M | 160.6M | |
Property Plant And Equipment Gross | 316.3M | 387.1M | 785.6M | 853.7M | 932.7M | 979.3M | |
Total Current Assets | 385.6M | 423.5M | 351.8M | 374.5M | 444.0M | 334.8M | |
Accumulated Other Comprehensive Income | (12.1M) | (8.3M) | (11.2M) | (9.4M) | (8.6M) | (9.1M) | |
Accounts Payable | 71.4M | 110.3M | 115.0M | 111.8M | 118.8M | 124.8M | |
Intangible Assets | 65.2M | 58.8M | 32.3M | 4.8M | 4.4M | 4.1M | |
Common Stock Total Equity | 125.2M | 128.6M | 137.8M | 143.9M | 165.5M | 104.3M | |
Common Stock | 125.2M | 128.6M | 137.8M | 143.9M | 153.6M | 106.8M | |
Other Liab | 64.3M | 67.0M | 55.3M | 62.8M | 72.2M | 37.0M | |
Other Assets | 17.9M | 23.6M | 18.4M | 18.4M | 15.5M | 12.7M | |
Treasury Stock | (750.9M) | (759.4M) | (767M) | (776.2M) | (698.6M) | (733.5M) | |
Property Plant Equipment | 316.3M | 387.1M | 451.4M | 482.2M | 554.5M | 582.3M | |
Net Tangible Assets | 509.7M | 576.0M | 624.5M | 666.0M | 765.9M | 511.0M | |
Retained Earnings Total Equity | 1.4B | 1.5B | 1.5B | 1.5B | 1.7B | 1.4B | |
Deferred Long Term Liab | 34.2M | 38.7M | 38.9M | 47.3M | 54.4M | 29.4M | |
Non Current Liabilities Other | 11.9M | 4.2M | 20.7M | 1.1M | 1.7M | 1.6M | |
Accumulated Depreciation | (282.2M) | (311.6M) | (334.3M) | (371.5M) | (334.4M) | (351.1M) | |
Net Invested Capital | 783.3M | 843.1M | 844.7M | 862.3M | 925.8M | 854.5M | |
Net Working Capital | 259.4M | 249.6M | 186.2M | 205.7M | 260.0M | 191.9M |
Also Currently Popular
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.When determining whether Lancaster Colony offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lancaster Colony's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lancaster Colony Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lancaster Colony Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lancaster Colony. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Lancaster Stock refer to our How to Trade Lancaster Stock guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lancaster Colony. If investors know Lancaster will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lancaster Colony listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.043 | Dividend Share 3.6 | Earnings Share 5.8 | Revenue Per Share 68.39 | Quarterly Revenue Growth 0.202 |
The market value of Lancaster Colony is measured differently than its book value, which is the value of Lancaster that is recorded on the company's balance sheet. Investors also form their own opinion of Lancaster Colony's value that differs from its market value or its book value, called intrinsic value, which is Lancaster Colony's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lancaster Colony's market value can be influenced by many factors that don't directly affect Lancaster Colony's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lancaster Colony's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lancaster Colony is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lancaster Colony's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.