Locafy Capital Stock vs Intangible Assets Analysis

LCFY Stock  USD 7.00  0.25  3.70%   
Locafy financial indicator trend analysis is infinitely more than just investigating Locafy recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Locafy is a good investment. Please check the relationship between Locafy Capital Stock and its Intangible Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Locafy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For more information on how to buy Locafy Stock please use our How to Invest in Locafy guide.

Capital Stock vs Intangible Assets

Capital Stock vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Locafy Capital Stock account and Intangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Locafy's Capital Stock and Intangible Assets is 0.73. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Locafy, assuming nothing else is changed. The correlation between historical values of Locafy's Capital Stock and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Locafy are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Capital Stock i.e., Locafy's Capital Stock and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Locafy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Locafy 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 Locafy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For more information on how to buy Locafy Stock please use our How to Invest in Locafy guide.At this time, Locafy's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 1.45 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 731.4 K in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense734.8K105.4K78.5K74.5K
Depreciation And Amortization852.4K1.4M1.6M816.2K

Locafy fundamental ratios Correlations

-0.630.850.70.99-0.940.930.980.92-0.98-0.85-0.080.820.920.930.960.950.70.8-0.930.98-0.050.89-0.26-0.321.0
-0.63-0.66-0.2-0.650.59-0.74-0.51-0.560.690.770.76-0.28-0.69-0.65-0.63-0.69-0.7-0.870.59-0.53-0.56-0.750.40.62-0.64
0.85-0.660.470.87-0.880.920.790.96-0.85-0.85-0.250.480.990.890.90.760.920.88-0.940.83-0.070.98-0.64-0.480.87
0.7-0.20.470.62-0.620.580.670.53-0.56-0.490.430.620.560.590.50.50.220.24-0.560.67-0.320.47-0.320.230.64
0.99-0.650.870.62-0.950.940.980.95-0.99-0.86-0.140.80.930.940.980.970.750.84-0.940.98-0.040.91-0.26-0.391.0
-0.940.59-0.88-0.62-0.95-0.98-0.95-0.950.960.940.17-0.64-0.94-1.0-0.95-0.91-0.83-0.850.99-0.970.25-0.880.350.53-0.95
0.93-0.740.920.580.94-0.980.90.94-0.95-0.98-0.320.570.960.990.940.90.890.92-0.970.92-0.090.93-0.46-0.590.94
0.98-0.510.790.670.98-0.950.90.91-0.97-0.810.00.850.870.920.960.950.660.75-0.921.0-0.180.82-0.13-0.320.98
0.92-0.560.960.530.95-0.950.940.91-0.93-0.86-0.130.650.970.940.970.870.870.85-0.990.93-0.190.95-0.43-0.450.95
-0.980.69-0.85-0.56-0.990.96-0.95-0.97-0.930.90.23-0.77-0.91-0.96-0.98-0.99-0.77-0.880.94-0.980.02-0.890.210.49-0.99
-0.850.77-0.85-0.49-0.860.94-0.98-0.81-0.860.90.46-0.42-0.9-0.96-0.86-0.84-0.9-0.920.92-0.840.09-0.860.450.72-0.86
-0.080.76-0.250.43-0.140.17-0.320.0-0.130.230.460.28-0.23-0.24-0.2-0.25-0.52-0.620.18-0.03-0.56-0.310.20.82-0.12
0.82-0.280.480.620.8-0.640.570.850.65-0.77-0.420.280.570.60.750.810.230.41-0.610.820.00.550.210.110.81
0.92-0.690.990.560.93-0.940.960.870.97-0.91-0.9-0.230.570.950.940.840.90.9-0.970.9-0.080.98-0.57-0.480.93
0.93-0.650.890.590.94-1.00.990.920.94-0.96-0.96-0.240.60.950.940.90.860.88-0.980.95-0.210.89-0.39-0.580.94
0.96-0.630.90.50.98-0.950.940.960.97-0.98-0.86-0.20.750.940.940.960.820.88-0.960.97-0.070.92-0.26-0.490.98
0.95-0.690.760.50.97-0.910.90.950.87-0.99-0.84-0.250.810.840.90.960.690.84-0.870.950.060.83-0.06-0.470.97
0.7-0.70.920.220.75-0.830.890.660.87-0.77-0.9-0.520.230.90.860.820.690.94-0.890.7-0.070.9-0.61-0.770.74
0.8-0.870.880.240.84-0.850.920.750.85-0.88-0.92-0.620.410.90.880.880.840.94-0.870.770.180.92-0.43-0.760.83
-0.930.59-0.94-0.56-0.940.99-0.97-0.92-0.990.940.920.18-0.61-0.97-0.98-0.96-0.87-0.89-0.87-0.940.24-0.920.430.53-0.95
0.98-0.530.830.670.98-0.970.921.00.93-0.98-0.84-0.030.820.90.950.970.950.70.77-0.94-0.20.84-0.19-0.360.99
-0.05-0.56-0.07-0.32-0.040.25-0.09-0.18-0.190.020.09-0.560.0-0.08-0.21-0.070.06-0.070.180.24-0.20.080.06-0.04-0.06
0.89-0.750.980.470.91-0.880.930.820.95-0.89-0.86-0.310.550.980.890.920.830.90.92-0.920.840.08-0.57-0.470.9
-0.260.4-0.64-0.32-0.260.35-0.46-0.13-0.430.210.450.20.21-0.57-0.39-0.26-0.06-0.61-0.430.43-0.190.06-0.570.21-0.25
-0.320.62-0.480.23-0.390.53-0.59-0.32-0.450.490.720.820.11-0.48-0.58-0.49-0.47-0.77-0.760.53-0.36-0.04-0.470.21-0.38
1.0-0.640.870.641.0-0.950.940.980.95-0.99-0.86-0.120.810.930.940.980.970.740.83-0.950.99-0.060.9-0.25-0.38
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Locafy Account Relationship Matchups

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Additional Tools for Locafy Stock Analysis

When running Locafy's price analysis, check to measure Locafy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Locafy is operating at the current time. Most of Locafy's value examination focuses on studying past and present price action to predict the probability of Locafy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Locafy's price. Additionally, you may evaluate how the addition of Locafy to your portfolios can decrease your overall portfolio volatility.