Locafy Capital Stock vs Total Current Assets Analysis

LCFYW Stock

USD 7.00 0.48 6.42%

Locafy financial indicator trend analysis is infinitely more than just investigating Locafy Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Locafy Limited is a good investment. Please check the relationship between Locafy Capital Stock and its Total Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Locafy Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

For more information on how to buy Locafy Stock please use our How to Invest in Locafy guide.

Capital Stock vs Total Current Assets

Capital Stock vs Total Current Assets Correlation Analysis

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

The correlation between Locafy's Capital Stock and Total Current Assets is 0.74. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Locafy Limited, assuming nothing else is changed. The correlation between historical values of Locafy's Capital Stock and Total Current 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 Limited are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Capital Stock i.e., Locafy's Capital Stock and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.74

Relationship Direction	Positive
Relationship Strength	Significant

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Capital Stock

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

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.

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 Limited 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 Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

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 climb 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	1.5M	977.2K

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	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	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets
Total Assets		-0.63	0.93	0.7	0.99	0.98	0.96	-0.86	-0.85	-0.08	0.82	0.92	0.92	0.83	0.88	0.7	-0.08	-0.93	0.98	-0.05	0.95	-0.32	1.0	0.91	-0.93	0.91
Short Long Term Debt Total	-0.63		-0.57	-0.18	-0.66	-0.52	-0.6	0.33	0.79	0.77	-0.25	-0.71	-0.68	-0.26	-0.76	-0.75	0.37	0.62	-0.54	-0.52	-0.79	0.67	-0.64	-0.63	0.87	-0.39
Other Current Liab	0.93	-0.57		0.88	0.9	0.88	0.86	-0.8	-0.74	0.07	0.77	0.84	0.81	0.78	0.68	0.54	0.07	-0.8	0.88	-0.03	0.91	-0.09	0.9	0.73	-0.82	0.85
Total Current Liabilities	0.7	-0.18	0.88		0.62	0.67	0.62	-0.62	-0.49	0.43	0.62	0.56	0.58	0.63	0.31	0.22	0.22	-0.56	0.67	-0.32	0.62	0.23	0.64	0.43	-0.46	0.67
Total Stockholder Equity	0.99	-0.66	0.9	0.62		0.98	0.97	-0.84	-0.86	-0.14	0.8	0.93	0.93	0.81	0.92	0.75	-0.14	-0.94	0.98	-0.04	0.95	-0.39	1.0	0.94	-0.94	0.89
Property Plant And Equipment Net	0.98	-0.52	0.88	0.67	0.98		0.95	-0.88	-0.81	0.0	0.85	0.87	0.91	0.86	0.86	0.66	-0.06	-0.92	1.0	-0.18	0.87	-0.32	0.98	0.91	-0.86	0.92
Current Deferred Revenue	0.96	-0.6	0.86	0.62	0.97	0.95		-0.73	-0.89	-0.11	0.7	0.97	0.97	0.7	0.93	0.83	-0.32	-0.99	0.97	-0.2	0.94	-0.44	0.97	0.97	-0.9	0.81
Net Debt	-0.86	0.33	-0.8	-0.62	-0.84	-0.88	-0.73		0.48	-0.2	-1.0	-0.62	-0.61	-1.0	-0.63	-0.29	-0.39	0.65	-0.85	-0.05	-0.71	-0.04	-0.84	-0.66	0.7	-0.99
Retained Earnings	-0.85	0.79	-0.74	-0.49	-0.86	-0.81	-0.89	0.48		0.46	-0.42	-0.9	-0.97	-0.43	-0.9	-0.9	0.5	0.92	-0.84	0.09	-0.87	0.72	-0.86	-0.9	0.9	-0.57
Accounts Payable	-0.08	0.77	0.07	0.43	-0.14	0.0	-0.11	-0.2	0.46		0.28	-0.23	-0.27	0.28	-0.43	-0.52	0.53	0.18	-0.03	-0.56	-0.26	0.82	-0.12	-0.25	0.44	0.17
Cash	0.82	-0.25	0.77	0.62	0.8	0.85	0.7	-1.0	-0.42	0.28		0.57	0.57	1.0	0.58	0.23	0.43	-0.61	0.82	0.0	0.65	0.11	0.81	0.62	-0.64	0.98
Non Current Assets Total	0.92	-0.71	0.84	0.56	0.93	0.87	0.97	-0.62	-0.9	-0.23	0.57		0.94	0.58	0.92	0.9	-0.43	-0.97	0.9	-0.08	0.97	-0.48	0.93	0.94	-0.92	0.7
Non Currrent Assets Other	0.92	-0.68	0.81	0.58	0.93	0.91	0.97	-0.61	-0.97	-0.27	0.57	0.94		0.58	0.93	0.88	-0.43	-0.98	0.93	-0.21	0.9	-0.6	0.93	0.96	-0.9	0.7
Cash And Short Term Investments	0.83	-0.26	0.78	0.63	0.81	0.86	0.7	-1.0	-0.43	0.28	1.0	0.58	0.58		0.58	0.24	0.43	-0.61	0.83	-0.01	0.66	0.1	0.81	0.63	-0.64	0.99
Net Receivables	0.88	-0.76	0.68	0.31	0.92	0.86	0.93	-0.63	-0.9	-0.43	0.58	0.92	0.93	0.58		0.91	-0.44	-0.94	0.88	0.01	0.89	-0.68	0.92	0.98	-0.94	0.69
Common Stock Shares Outstanding	0.7	-0.75	0.54	0.22	0.75	0.66	0.83	-0.29	-0.9	-0.52	0.23	0.9	0.88	0.24	0.91		-0.75	-0.89	0.7	-0.07	0.81	-0.77	0.74	0.89	-0.83	0.39
Short Term Investments	-0.08	0.37	0.07	0.22	-0.14	-0.06	-0.32	-0.39	0.5	0.53	0.43	-0.43	-0.43	0.43	-0.44	-0.75		0.43	-0.12	0.25	-0.25	0.75	-0.14	-0.43	0.26	0.29
Non Current Liabilities Total	-0.93	0.62	-0.8	-0.56	-0.94	-0.92	-0.99	0.65	0.92	0.18	-0.61	-0.97	-0.98	-0.61	-0.94	-0.89	0.43		-0.94	0.24	-0.91	0.53	-0.95	-0.98	0.89	-0.73
Capital Lease Obligations	0.98	-0.54	0.88	0.67	0.98	1.0	0.97	-0.85	-0.84	-0.03	0.82	0.9	0.93	0.83	0.88	0.7	-0.12	-0.94		-0.2	0.89	-0.36	0.99	0.93	-0.88	0.9
Inventory	-0.05	-0.52	-0.03	-0.32	-0.04	-0.18	-0.2	-0.05	0.09	-0.56	0.0	-0.08	-0.21	-0.01	0.01	-0.07	0.25	0.24	-0.2		0.11	-0.04	-0.06	-0.18	-0.22	-0.01
Other Current Assets	0.95	-0.79	0.91	0.62	0.95	0.87	0.94	-0.71	-0.87	-0.26	0.65	0.97	0.9	0.66	0.89	0.81	-0.25	-0.91	0.89	0.11		-0.4	0.95	0.89	-0.97	0.77
Total Liab	-0.32	0.67	-0.09	0.23	-0.39	-0.32	-0.44	-0.04	0.72	0.82	0.11	-0.48	-0.6	0.1	-0.68	-0.77	0.75	0.53	-0.36	-0.04	-0.4		-0.38	-0.59	0.55	-0.02
Net Invested Capital	1.0	-0.64	0.9	0.64	1.0	0.98	0.97	-0.84	-0.86	-0.12	0.81	0.93	0.93	0.81	0.92	0.74	-0.14	-0.95	0.99	-0.06	0.95	-0.38		0.94	-0.94	0.9
Property Plant And Equipment Gross	0.91	-0.63	0.73	0.43	0.94	0.91	0.97	-0.66	-0.9	-0.25	0.62	0.94	0.96	0.63	0.98	0.89	-0.43	-0.98	0.93	-0.18	0.89	-0.59	0.94		-0.9	0.73
Short Long Term Debt	-0.93	0.87	-0.82	-0.46	-0.94	-0.86	-0.9	0.7	0.9	0.44	-0.64	-0.92	-0.9	-0.64	-0.94	-0.83	0.26	0.89	-0.88	-0.22	-0.97	0.55	-0.94	-0.9		-0.76
Total Current Assets	0.91	-0.39	0.85	0.67	0.89	0.92	0.81	-0.99	-0.57	0.17	0.98	0.7	0.7	0.99	0.69	0.39	0.29	-0.73	0.9	-0.01	0.77	-0.02	0.9	0.73	-0.76

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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.

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Locafy Capital Stock vs Total Current Assets Analysis

Capital Stock vs Total Current Assets

Capital Stock vs Total Current Assets Correlation Analysis

Correlation Coefficient

Capital Stock

Total Current Assets

Locafy fundamental ratios Correlations

Locafy Account Relationship Matchups

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COMMON DESTINATIONS

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COMPANY

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
Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Cash And Short Term Investments

Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Total Current Assets	- 0.99	Net Debt
Non Current Liabilities Total	- 0.99	Current Deferred Revenue
Property Plant And Equipment Gross	- 0.98	Non Current Liabilities Total
Non Current Liabilities Total	- 0.98	Non Currrent Assets Other