Lycos Net Receivables vs Cash Analysis
LCX Stock | 2.77 0.15 5.14% |
Lycos Energy financial indicator trend analysis is infinitely more than just investigating Lycos Energy recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lycos Energy is a good investment. Please check the relationship between Lycos Energy Net Receivables and its Cash accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lycos Energy. 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.
Net Receivables vs Cash
Net Receivables vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lycos Energy Net Receivables account and Cash. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Lycos Energy's Net Receivables and Cash is 0.88. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Cash in the same time period over historical financial statements of Lycos Energy, assuming nothing else is changed. The correlation between historical values of Lycos Energy's Net Receivables and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Lycos Energy are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Receivables i.e., Lycos Energy's Net Receivables and Cash go up and down completely randomly.
Correlation Coefficient | 0.88 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Receivables
Cash
Cash refers to the most liquid asset of Lycos Energy, which is listed under current asset account on Lycos Energy balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Lycos Energy customers. The amounts must be unrestricted with restricted cash listed in a different Lycos Energy account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Lycos Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lycos Energy 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 Lycos Energy. 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. Selling General Administrative is likely to drop to about 3.9 M in 2024. Tax Provision is likely to climb to about (7.6 M) in 2024
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 29.5M | 62.6M | 72.0M | 37.2M | Total Revenue | 41.0M | 96.4M | 110.9M | 55.8M |
Lycos Energy fundamental ratios Correlations
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Lycos Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Lycos Stock Analysis
When running Lycos Energy's price analysis, check to measure Lycos Energy'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 Lycos Energy is operating at the current time. Most of Lycos Energy's value examination focuses on studying past and present price action to predict the probability of Lycos Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lycos Energy's price. Additionally, you may evaluate how the addition of Lycos Energy to your portfolios can decrease your overall portfolio volatility.