Legacy Long Term Debt vs Property Plant And Equipment Gross Analysis

LCY Stock   0.01  0  20.63%   
Legacy Iron financial indicator trend analysis is infinitely more than just investigating Legacy Iron Ore recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Legacy Iron Ore is a good investment. Please check the relationship between Legacy Iron Long Term Debt and its Property Plant And Equipment Gross accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Legacy Iron Ore. 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.

Long Term Debt vs Property Plant And Equipment Gross

Long Term Debt vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Legacy Iron Ore Long Term Debt account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Legacy Iron's Long Term Debt and Property Plant And Equipment Gross is 0.59. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Legacy Iron Ore, assuming nothing else is changed. The correlation between historical values of Legacy Iron's Long Term Debt and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Legacy Iron Ore are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Long Term Debt i.e., Legacy Iron's Long Term Debt and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.59
Relationship DirectionPositive 
Relationship StrengthWeak

Long Term Debt

Long-term debt is a debt that Legacy Iron Ore has held for over one year. Long-term debt appears on Legacy Iron Ore balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Legacy Iron Ore balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Property Plant And Equipment Gross

Most indicators from Legacy Iron's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Legacy Iron Ore 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 Legacy Iron Ore. 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 790.1 K in 2024. Issuance Of Capital Stock is likely to drop to about 11.8 M in 2024
 2021 2022 2023 2024 (projected)
Other Operating Expenses1.0M1.7M13.8M14.5M
Depreciation And Amortization82.5K61.2K52.6K50.0K

Legacy Iron fundamental ratios Correlations

0.890.820.75-0.64-0.360.90.670.74-0.30.890.870.250.850.970.440.64-0.160.740.140.710.890.75-0.210.570.38
0.890.960.46-0.49-0.30.980.540.55-0.130.680.970.040.980.870.260.4-0.160.580.180.530.990.6-0.190.370.18
0.820.960.34-0.36-0.280.960.450.51-0.170.580.96-0.020.990.790.190.350.050.520.170.440.950.540.020.250.14
0.750.460.34-0.65-0.150.490.60.86-0.310.810.420.460.390.730.560.82-0.170.850.490.620.460.85-0.220.730.49
-0.64-0.49-0.36-0.65-0.05-0.51-0.98-0.320.17-0.83-0.44-0.05-0.39-0.75-0.14-0.20.18-0.28-0.12-0.19-0.46-0.30.21-0.120.23
-0.36-0.3-0.28-0.15-0.05-0.260.03-0.260.29-0.21-0.39-0.81-0.33-0.32-0.84-0.20.39-0.27-0.01-0.66-0.43-0.290.36-0.28-0.35
0.90.980.960.49-0.51-0.260.570.61-0.180.690.980.010.970.870.230.450.020.610.170.470.960.63-0.010.350.14
0.670.540.450.6-0.980.030.570.3-0.210.850.510.00.480.780.110.16-0.110.260.090.190.510.28-0.140.05-0.25
0.740.550.510.86-0.32-0.260.610.3-0.250.570.550.450.530.610.580.960.050.990.550.630.550.990.00.780.57
-0.3-0.13-0.17-0.310.170.29-0.18-0.21-0.25-0.33-0.28-0.31-0.18-0.31-0.32-0.25-0.17-0.24-0.01-0.27-0.17-0.26-0.18-0.38-0.17
0.890.680.580.81-0.83-0.210.690.850.57-0.330.650.230.620.950.380.49-0.260.560.110.610.680.58-0.310.460.28
0.870.970.960.42-0.44-0.390.980.510.55-0.280.650.10.980.850.310.38-0.030.560.170.490.970.58-0.050.340.15
0.250.04-0.020.46-0.05-0.810.010.00.45-0.310.230.10.040.220.970.41-0.40.460.40.610.160.47-0.390.470.46
0.850.980.990.39-0.39-0.330.970.480.53-0.180.620.980.040.820.260.37-0.040.550.180.50.970.57-0.060.30.17
0.970.870.790.73-0.75-0.320.870.780.61-0.310.950.850.220.820.410.49-0.240.610.150.640.870.64-0.280.460.27
0.440.260.190.56-0.14-0.840.230.110.58-0.320.380.310.970.260.410.51-0.430.60.440.730.370.61-0.420.560.52
0.640.40.350.82-0.2-0.20.450.160.96-0.250.490.380.410.370.490.510.050.950.410.670.40.940.00.820.68
-0.16-0.160.05-0.170.180.390.02-0.110.05-0.17-0.26-0.03-0.4-0.04-0.24-0.430.05-0.02-0.05-0.49-0.21-0.040.99-0.31-0.28
0.740.580.520.85-0.28-0.270.610.260.99-0.240.560.560.460.550.610.60.95-0.020.580.680.581.0-0.060.80.61
0.140.180.170.49-0.12-0.010.170.090.55-0.010.110.170.40.180.150.440.41-0.050.580.080.180.59-0.060.370.16
0.710.530.440.62-0.19-0.660.470.190.63-0.270.610.490.610.50.640.730.67-0.490.680.080.590.69-0.520.710.72
0.890.990.950.46-0.46-0.430.960.510.55-0.170.680.970.160.970.870.370.4-0.210.580.180.590.6-0.240.390.22
0.750.60.540.85-0.3-0.290.630.280.99-0.260.580.580.470.570.640.610.94-0.041.00.590.690.6-0.090.810.61
-0.21-0.190.02-0.220.210.36-0.01-0.140.0-0.18-0.31-0.05-0.39-0.06-0.28-0.420.00.99-0.06-0.06-0.52-0.24-0.09-0.35-0.32
0.570.370.250.73-0.12-0.280.350.050.78-0.380.460.340.470.30.460.560.82-0.310.80.370.710.390.81-0.350.8
0.380.180.140.490.23-0.350.14-0.250.57-0.170.280.150.460.170.270.520.68-0.280.610.160.720.220.61-0.320.8
Click cells to compare fundamentals

Legacy Iron Account Relationship Matchups

Legacy Iron fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets22.2M24.2M23.6M25.6M47.2M49.6M
Other Current Liab110.3K136.1K157.0K132.6K5.2M5.5M
Total Current Liabilities250.3K273.6K234.6K192.4K8.4M8.8M
Total Stockholder Equity21.9M23.9M23.3M25.3M34.9M19.9M
Net Debt(9.1M)(9.6M)(466.8K)(2.6M)(11.3M)(10.8M)
Retained Earnings(59.5M)(60.2M)(61.2M)(59.2M)(68.8M)(72.2M)
Accounts Payable74.2K90.7K53.6K26.4K3.2M3.3M
Cash9.2M9.7M490.8K2.7M11.4M11.9M
Non Current Assets Total12.9M13.7M16.0M15.7M23.6M13.7M
Cash And Short Term Investments9.2M10.3M7.5M9.7M15.3M16.0M
Net Receivables109.3K73.6K57.8K136.1K3.0M3.2M
Liabilities And Stockholders Equity22.2M24.2M23.6M25.6M47.2M49.6M
Total Liab316.6K322.4K290.5K288.8K12.3M12.9M
Total Current Assets9.4M10.5M7.6M9.9M23.6M24.8M
Accumulated Other Comprehensive Income16.9M17.4M17.1M17.5M17.4M16.5M
Property Plant Equipment11.6M13.7M15.9M15.6M17.9M12.4M
Property Plant And Equipment Net11.6M13.7M15.9M15.6M23.5M13.3M
Common Stock Shares Outstanding2.4B6.3B6.4B6.4B6.7B7.1B
Non Current Liabilities Total66.3K48.9K55.9K96.4K3.9M4.1M
Property Plant And Equipment Gross11.6M13.9M16.2M15.9M24.5M13.8M
Short Term Debt65.8K46.8K24.0K33.4K33.2K31.5K
Other Current Assets50.0K57.1K77.9K58.1K177.2K191.1K
Net Tangible Assets21.9M23.9M23.3M25.3M29.1M19.2M
Other Assets86.2K66.8K66.6K66.5K59.9K87.8K
Other Stockholder Equity17.3M17.0M17.4M17.5M20.2M16.7M
Cash And Equivalents1.4M9.2M9.7M490.8K564.5K536.2K
Net Invested Capital21.9M23.9M23.3M25.3M34.9M24.5M
Long Term Investments1.3M66.6K66.5K66.5K86.5K82.2K
Net Working Capital9.1M10.2M7.4M9.7M15.2M9.0M

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