Lycos Net Receivables vs Net Working Capital Analysis
| LCX Stock | 2.75 0.20 6.78% |
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 Net Working Capital 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 Net Working Capital
Net Receivables vs Net Working Capital 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 Net Working Capital. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Lycos Energy's Net Receivables and Net Working Capital is -0.66. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Net Working Capital 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 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 Net Receivables of Lycos Energy 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 Net Receivables i.e., Lycos Energy's Net Receivables and Net Working Capital go up and down completely randomly.
Correlation Coefficient | -0.66 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Net Receivables
Net Working Capital
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.