LCNB Income Tax Expense vs Ebit Analysis

LCNB Stock  USD 17.27  0.36  2.04%   
LCNB financial indicator trend analysis is infinitely more than just investigating LCNB recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LCNB is a good investment. Please check the relationship between LCNB Income Tax Expense and its Ebit accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LCNB Corporation. 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.

Income Tax Expense vs Ebit

Income Tax Expense vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LCNB Income Tax Expense account and Ebit. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between LCNB's Income Tax Expense and Ebit is 0.52. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Ebit in the same time period over historical financial statements of LCNB Corporation, assuming nothing else is changed. The correlation between historical values of LCNB's Income Tax Expense and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of LCNB Corporation are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Income Tax Expense i.e., LCNB's Income Tax Expense and Ebit go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Income Tax Expense

Ebit

Most indicators from LCNB's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LCNB 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 LCNB Corporation. 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.
At present, LCNB's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 21.22, whereas Selling General Administrative is forecasted to decline to about 17 M.
 2021 2022 2023 2024 (projected)
Total Revenue69.5M71.5M95.0M99.8M
Interest Expense4.1M4.7M6.7M6.8M

LCNB fundamental ratios Correlations

0.750.250.73-0.91.00.770.760.80.480.730.64-0.160.260.970.14-0.450.94-0.430.590.970.770.040.69-0.290.68
0.750.360.96-0.640.730.950.280.910.480.20.110.220.480.840.2-0.290.59-0.170.190.820.28-0.290.16-0.310.15
0.250.360.33-0.290.250.320.220.28-0.090.05-0.010.510.680.250.670.570.130.690.180.240.17-0.1-0.01-0.16-0.06
0.730.960.33-0.560.70.920.220.830.420.140.060.260.340.830.11-0.270.55-0.140.240.810.23-0.480.1-0.390.09
-0.9-0.64-0.29-0.56-0.9-0.68-0.72-0.79-0.31-0.69-0.560.0-0.42-0.84-0.340.52-0.840.41-0.42-0.84-0.7-0.18-0.640.33-0.62
1.00.730.250.7-0.90.750.780.790.480.750.66-0.170.240.960.15-0.460.95-0.440.60.970.790.060.71-0.280.7
0.770.950.320.92-0.680.750.30.940.540.240.130.190.480.810.23-0.350.64-0.230.150.80.31-0.30.19-0.260.18
0.760.280.220.22-0.720.780.30.40.450.920.89-0.530.060.660.02-0.190.84-0.340.760.691.00.460.93-0.070.91
0.80.910.280.83-0.790.790.940.40.510.320.210.170.480.810.34-0.440.65-0.30.130.80.39-0.170.27-0.230.26
0.480.48-0.090.42-0.310.480.540.450.510.460.47-0.49-0.080.46-0.25-0.260.57-0.410.450.470.50.00.5-0.060.5
0.730.20.050.14-0.690.750.240.920.320.460.98-0.60.010.6-0.01-0.370.87-0.520.820.630.930.510.99-0.120.99
0.640.11-0.010.06-0.560.660.130.890.210.470.98-0.68-0.090.51-0.06-0.340.8-0.520.840.550.910.510.98-0.020.98
-0.160.220.510.260.0-0.170.19-0.530.17-0.49-0.6-0.680.46-0.090.620.23-0.40.57-0.47-0.13-0.58-0.56-0.67-0.37-0.69
0.260.480.680.34-0.420.240.480.060.48-0.080.01-0.090.460.250.670.070.150.24-0.190.240.00.11-0.090.12-0.1
0.970.840.250.83-0.840.960.810.660.810.460.60.51-0.090.250.04-0.410.88-0.380.531.00.67-0.030.57-0.340.56
0.140.20.670.11-0.340.150.230.020.34-0.25-0.01-0.060.620.670.040.14-0.010.37-0.120.04-0.04-0.11-0.10.0-0.14
-0.45-0.290.57-0.270.52-0.46-0.35-0.19-0.44-0.26-0.37-0.340.230.07-0.410.14-0.480.93-0.09-0.42-0.22-0.05-0.350.15-0.39
0.940.590.130.55-0.840.950.640.840.650.570.870.8-0.40.150.88-0.01-0.48-0.540.70.90.860.230.85-0.230.85
-0.43-0.170.69-0.140.41-0.44-0.23-0.34-0.3-0.41-0.52-0.520.570.24-0.380.370.93-0.54-0.23-0.4-0.38-0.23-0.53-0.03-0.57
0.590.190.180.24-0.420.60.150.760.130.450.820.84-0.47-0.190.53-0.12-0.090.7-0.230.550.780.170.83-0.380.82
0.970.820.240.81-0.840.970.80.690.80.470.630.55-0.130.241.00.04-0.420.9-0.40.550.70.00.6-0.340.59
0.770.280.170.23-0.70.790.311.00.390.50.930.91-0.580.00.67-0.04-0.220.86-0.380.780.70.440.94-0.080.93
0.04-0.29-0.1-0.48-0.180.06-0.30.46-0.170.00.510.51-0.560.11-0.03-0.11-0.050.23-0.230.170.00.440.530.320.54
0.690.16-0.010.1-0.640.710.190.930.270.50.990.98-0.67-0.090.57-0.1-0.350.85-0.530.830.60.940.53-0.111.0
-0.29-0.31-0.16-0.390.33-0.28-0.26-0.07-0.23-0.06-0.12-0.02-0.370.12-0.340.00.15-0.23-0.03-0.38-0.34-0.080.32-0.11-0.1
0.680.15-0.060.09-0.620.70.180.910.260.50.990.98-0.69-0.10.56-0.14-0.390.85-0.570.820.590.930.541.0-0.1
Click cells to compare fundamentals

LCNB Account Relationship Matchups

LCNB fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6B1.7B1.9B1.9B2.3B2.4B
Total Stockholder Equity228.0M240.8M238.6M200.7M235.3M122.4M
Other Assets1.1B1.2B1.1B1.2B1.4B1.1B
Common Stock Shares Outstanding13.1M12.9M12.6M11.4M11.4M9.4M
Liabilities And Stockholders Equity1.6B1.7B1.9B1.9B2.3B2.4B
Other Stockholder Equity(18.8M)(20.7M)(29.0M)(52.7M)(56.0M)(53.2M)
Total Liab1.4B1.5B1.7B1.7B2.1B2.2B
Property Plant And Equipment Net40.2M41.7M41.7M39.3M42.3M24.3M
Net Debt25.7M(3.4M)(1.7M)74.2M177.1M185.9M
Retained Earnings104.4M115.1M126.3M139.2M140.0M73.4M
Cash20.8M31.7M18.1M22.7M39.7M20.3M
Non Current Assets Total313.4M343.1M439.2M414.4M2.3B2.4B
Cash And Short Term Investments198.8M241.2M326.3M312.6M(36.5M)(34.7M)
Common Stock Total Equity141.8M142.4M143.1M144.1M165.7M174.0M
Short Term Investments178M209.5M308.2M289.9M276.6M194.3M
Other Current Assets21.0M40.1M26.1M30.2M48.1M45.7M
Property Plant And Equipment Gross40.2M41.7M41.7M39.3M70.8M74.4M
Total Current Assets198.8M249.5M334.3M320.0M48.1M45.7M
Accumulated Other Comprehensive Income673K4.0M(1.8M)(30.0M)(22.3M)(21.2M)
Intangible Assets4.0M3.5M2.5M1.8M9.5M10.0M
Common Stock141.8M142.4M143.1M144.1M173.6M182.3M
Short Long Term Debt Total46.4M28.4M16.5M96.9M216.8M227.6M
Other Current Liab(16.5M)(29.8M)(33.9M)(16.6M)701.8M736.9M
Total Current Liabilities16.5M21.3M19.7M88.0M804.9M845.2M
Accounts Payable16.5M21.3M19.7M16.6M14.9M14.2M
Non Current Liabilities Total46.4M28.4M16.5M88.0M1.3B1.3B
Other Liab15.1M18.1M19.5M16.3M18.7M19.6M
Long Term Debt41.0M22M10M19.1M113.1M118.8M
Treasury Stock(18.8M)(20.7M)(29.0M)(52.7M)(47.4M)(45.0M)
Property Plant Equipment34.8M35.4M41.7M33.0M38.0M23.7M
Short Term Debt10M12.7M5.6M71.5M103.1M108.3M
Net Tangible Assets164.8M178.2M176.9M139.6M160.6M136.6M
Retained Earnings Total Equity104.4M115.1M126.3M139.2M160.1M98.7M
Long Term Investments1.4B1.5B335.8M314.1M298.5M283.5M
Non Current Liabilities Other22.0M27.6M26.2M22.9M26.4M16.0M
Short Long Term Debt47M56.2M0.071.5M97.4M102.3M

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 LCNB offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LCNB'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 Lcnb Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lcnb Corporation Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LCNB Corporation. 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.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Regional Banks 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 LCNB. If investors know LCNB 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 LCNB 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
(0.15)
Dividend Share
0.88
Earnings Share
0.47
Revenue Per Share
5.566
Quarterly Revenue Growth
0.226
The market value of LCNB is measured differently than its book value, which is the value of LCNB that is recorded on the company's balance sheet. Investors also form their own opinion of LCNB's value that differs from its market value or its book value, called intrinsic value, which is LCNB'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 LCNB's market value can be influenced by many factors that don't directly affect LCNB'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 LCNB's value and its price as these two are different measures arrived at by different means. Investors typically determine if LCNB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LCNB'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.