Locafy Total Current Assets vs Net Working Capital 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 Total Current Assets and its Net Working Capital 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.

Total Current Assets vs Net Working Capital

Total Current Assets vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Locafy Total Current Assets account and Net Working Capital. At this time, the significance of the direction appears to have totally related.

The correlation between Locafy's Total Current Assets and Net Working Capital is 0.99. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Locafy, assuming nothing else is changed. The correlation between historical values of Locafy's Total Current Assets and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Locafy are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Total Current Assets i.e., Locafy's Total Current Assets and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

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Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Net Working Capital

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 Expense	734.8K	105.4K	78.5K	74.5K
Depreciation And Amortization	852.4K	1.4M	1.6M	816.2K

Interest Expense Depreciation And Amortization

Locafy fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital
Total Assets		-0.63	0.85	0.7	0.99	-0.94	0.93	0.98	0.92	-0.98	-0.85	-0.08	0.82	0.92	0.93	0.96	0.95	0.7	0.8	-0.93	0.98	-0.05	0.89	-0.26	-0.32	1.0
Short Long Term Debt Total	-0.63		-0.66	-0.2	-0.65	0.59	-0.74	-0.51	-0.56	0.69	0.77	0.76	-0.28	-0.69	-0.65	-0.63	-0.69	-0.7	-0.87	0.59	-0.53	-0.56	-0.75	0.4	0.62	-0.64
Other Current Liab	0.85	-0.66		0.47	0.87	-0.88	0.92	0.79	0.96	-0.85	-0.85	-0.25	0.48	0.99	0.89	0.9	0.76	0.92	0.88	-0.94	0.83	-0.07	0.98	-0.64	-0.48	0.87
Total Current Liabilities	0.7	-0.2	0.47		0.62	-0.62	0.58	0.67	0.53	-0.56	-0.49	0.43	0.62	0.56	0.59	0.5	0.5	0.22	0.24	-0.56	0.67	-0.32	0.47	-0.32	0.23	0.64
Total Stockholder Equity	0.99	-0.65	0.87	0.62		-0.95	0.94	0.98	0.95	-0.99	-0.86	-0.14	0.8	0.93	0.94	0.98	0.97	0.75	0.84	-0.94	0.98	-0.04	0.91	-0.26	-0.39	1.0
Other Liab	-0.94	0.59	-0.88	-0.62	-0.95		-0.98	-0.95	-0.95	0.96	0.94	0.17	-0.64	-0.94	-1.0	-0.95	-0.91	-0.83	-0.85	0.99	-0.97	0.25	-0.88	0.35	0.53	-0.95
Net Tangible Assets	0.93	-0.74	0.92	0.58	0.94	-0.98		0.9	0.94	-0.95	-0.98	-0.32	0.57	0.96	0.99	0.94	0.9	0.89	0.92	-0.97	0.92	-0.09	0.93	-0.46	-0.59	0.94
Property Plant And Equipment Net	0.98	-0.51	0.79	0.67	0.98	-0.95	0.9		0.91	-0.97	-0.81	0.0	0.85	0.87	0.92	0.96	0.95	0.66	0.75	-0.92	1.0	-0.18	0.82	-0.13	-0.32	0.98
Current Deferred Revenue	0.92	-0.56	0.96	0.53	0.95	-0.95	0.94	0.91		-0.93	-0.86	-0.13	0.65	0.97	0.94	0.97	0.87	0.87	0.85	-0.99	0.93	-0.19	0.95	-0.43	-0.45	0.95
Net Debt	-0.98	0.69	-0.85	-0.56	-0.99	0.96	-0.95	-0.97	-0.93		0.9	0.23	-0.77	-0.91	-0.96	-0.98	-0.99	-0.77	-0.88	0.94	-0.98	0.02	-0.89	0.21	0.49	-0.99
Retained Earnings	-0.85	0.77	-0.85	-0.49	-0.86	0.94	-0.98	-0.81	-0.86	0.9		0.46	-0.42	-0.9	-0.96	-0.86	-0.84	-0.9	-0.92	0.92	-0.84	0.09	-0.86	0.45	0.72	-0.86
Accounts Payable	-0.08	0.76	-0.25	0.43	-0.14	0.17	-0.32	0.0	-0.13	0.23	0.46		0.28	-0.23	-0.24	-0.2	-0.25	-0.52	-0.62	0.18	-0.03	-0.56	-0.31	0.2	0.82	-0.12
Cash	0.82	-0.28	0.48	0.62	0.8	-0.64	0.57	0.85	0.65	-0.77	-0.42	0.28		0.57	0.6	0.75	0.81	0.23	0.41	-0.61	0.82	0.0	0.55	0.21	0.11	0.81
Non Current Assets Total	0.92	-0.69	0.99	0.56	0.93	-0.94	0.96	0.87	0.97	-0.91	-0.9	-0.23	0.57		0.95	0.94	0.84	0.9	0.9	-0.97	0.9	-0.08	0.98	-0.57	-0.48	0.93
Non Currrent Assets Other	0.93	-0.65	0.89	0.59	0.94	-1.0	0.99	0.92	0.94	-0.96	-0.96	-0.24	0.6	0.95		0.94	0.9	0.86	0.88	-0.98	0.95	-0.21	0.89	-0.39	-0.58	0.94
Cash And Short Term Investments	0.96	-0.63	0.9	0.5	0.98	-0.95	0.94	0.96	0.97	-0.98	-0.86	-0.2	0.75	0.94	0.94		0.96	0.82	0.88	-0.96	0.97	-0.07	0.92	-0.26	-0.49	0.98
Net Receivables	0.95	-0.69	0.76	0.5	0.97	-0.91	0.9	0.95	0.87	-0.99	-0.84	-0.25	0.81	0.84	0.9	0.96		0.69	0.84	-0.87	0.95	0.06	0.83	-0.06	-0.47	0.97
Common Stock Shares Outstanding	0.7	-0.7	0.92	0.22	0.75	-0.83	0.89	0.66	0.87	-0.77	-0.9	-0.52	0.23	0.9	0.86	0.82	0.69		0.94	-0.89	0.7	-0.07	0.9	-0.61	-0.77	0.74
Short Term Investments	0.8	-0.87	0.88	0.24	0.84	-0.85	0.92	0.75	0.85	-0.88	-0.92	-0.62	0.41	0.9	0.88	0.88	0.84	0.94		-0.87	0.77	0.18	0.92	-0.43	-0.76	0.83
Non Current Liabilities Total	-0.93	0.59	-0.94	-0.56	-0.94	0.99	-0.97	-0.92	-0.99	0.94	0.92	0.18	-0.61	-0.97	-0.98	-0.96	-0.87	-0.89	-0.87		-0.94	0.24	-0.92	0.43	0.53	-0.95
Capital Lease Obligations	0.98	-0.53	0.83	0.67	0.98	-0.97	0.92	1.0	0.93	-0.98	-0.84	-0.03	0.82	0.9	0.95	0.97	0.95	0.7	0.77	-0.94		-0.2	0.84	-0.19	-0.36	0.99
Inventory	-0.05	-0.56	-0.07	-0.32	-0.04	0.25	-0.09	-0.18	-0.19	0.02	0.09	-0.56	0.0	-0.08	-0.21	-0.07	0.06	-0.07	0.18	0.24	-0.2		0.08	0.06	-0.04	-0.06
Other Current Assets	0.89	-0.75	0.98	0.47	0.91	-0.88	0.93	0.82	0.95	-0.89	-0.86	-0.31	0.55	0.98	0.89	0.92	0.83	0.9	0.92	-0.92	0.84	0.08		-0.57	-0.47	0.9
Other Stockholder Equity	-0.26	0.4	-0.64	-0.32	-0.26	0.35	-0.46	-0.13	-0.43	0.21	0.45	0.2	0.21	-0.57	-0.39	-0.26	-0.06	-0.61	-0.43	0.43	-0.19	0.06	-0.57		0.21	-0.25
Total Liab	-0.32	0.62	-0.48	0.23	-0.39	0.53	-0.59	-0.32	-0.45	0.49	0.72	0.82	0.11	-0.48	-0.58	-0.49	-0.47	-0.77	-0.76	0.53	-0.36	-0.04	-0.47	0.21		-0.38
Net Invested Capital	1.0	-0.64	0.87	0.64	1.0	-0.95	0.94	0.98	0.95	-0.99	-0.86	-0.12	0.81	0.93	0.94	0.98	0.97	0.74	0.83	-0.95	0.99	-0.06	0.9	-0.25	-0.38

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Locafy Total Current Assets vs Net Working Capital Analysis

Total Current Assets vs Net Working Capital

Total Current Assets vs Net Working Capital Correlation Analysis

Correlation Coefficient

Total Current Assets

Net Working Capital

Locafy fundamental ratios Correlations

Locafy Account Relationship Matchups

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Net Invested Capital	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Stockholder Equity
Capital Lease Obligations	+ 1.0	Property Plant And Equipment Net
Total Stockholder Equity	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Other Current Liab
Non Current Liabilities Total	+ 0.99	Other Liab

Non Currrent Assets Other	- 1.0	Other Liab
Net Invested Capital	- 0.99	Net Debt
Net Receivables	- 0.99	Net Debt
Non Current Liabilities Total	- 0.99	Current Deferred Revenue
Net Debt	- 0.99	Total Stockholder Equity
Non Current Liabilities Total	- 0.98	Non Currrent Assets Other