Lument Intangible Assets vs Short Term Investments Analysis

LFT Stock  USD 2.57  0.02  0.78%   
Lument Finance financial indicator trend analysis is infinitely more than just investigating Lument Finance Trust recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lument Finance Trust is a good investment. Please check the relationship between Lument Finance Intangible Assets and its Short Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lument Finance Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Intangible Assets vs Short Term Investments

Intangible Assets vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lument Finance Trust Intangible Assets account and Short Term Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between Lument Finance's Intangible Assets and Short Term Investments is -0.74. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Lument Finance Trust, assuming nothing else is changed. The correlation between historical values of Lument Finance's Intangible Assets and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Lument Finance Trust are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Intangible Assets i.e., Lument Finance's Intangible Assets and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.74
Relationship DirectionNegative 
Relationship StrengthWeak

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Short Term Investments

Short Term Investments is an item under the current assets section of Lument Finance balance sheet. It contains any investments Lument Finance Trust undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Lument Finance Trust can easily liquidate in the marketplace.
Most indicators from Lument Finance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lument Finance Trust 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 Lument Finance Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
Sales General And Administrative To Revenue is likely to gain to 0.55 in 2024, whereas Selling General Administrative is likely to drop slightly above 7.3 M in 2024.
 2023 2024 (projected)
Net Interest Income32.2M23.3M
Minority Interest89.6K79.6K

Lument Finance fundamental ratios Correlations

-0.780.760.640.960.050.950.610.69-0.62-0.730.620.160.180.120.42-0.190.090.31.00.730.20.970.150.530.02
-0.78-0.47-0.17-0.590.34-0.8-0.38-0.980.90.99-0.77-0.020.220.28-0.27-0.12-0.140.06-0.8-0.990.2-0.83-0.64-0.38-0.26
0.76-0.470.610.730.490.810.680.42-0.32-0.450.340.080.550.490.41-0.24-0.090.180.750.450.510.75-0.20.64-0.02
0.64-0.170.610.750.580.510.830.07-0.02-0.130.350.310.740.710.59-0.1-0.180.80.60.130.770.51-0.520.65-0.48
0.96-0.590.730.750.160.870.630.48-0.42-0.530.450.180.270.210.4-0.180.130.410.950.530.280.88-0.050.46-0.03
0.050.340.490.580.16-0.020.58-0.370.390.34-0.11-0.110.860.850.44-0.09-0.190.380.02-0.340.83-0.01-0.880.54-0.32
0.95-0.80.810.510.87-0.020.550.73-0.64-0.760.630.10.120.060.33-0.220.070.160.950.760.130.960.280.490.1
0.61-0.380.680.830.630.580.550.32-0.24-0.370.56-0.060.630.580.620.2-0.030.470.580.370.640.54-0.330.71-0.19
0.69-0.980.420.070.48-0.370.730.32-0.92-1.00.78-0.01-0.25-0.310.250.130.03-0.140.711.0-0.240.780.70.360.28
-0.620.9-0.32-0.02-0.420.39-0.64-0.24-0.920.92-0.680.070.250.29-0.33-0.10.060.18-0.64-0.920.23-0.69-0.71-0.29-0.15
-0.730.99-0.45-0.13-0.530.34-0.76-0.37-1.00.92-0.78-0.010.210.27-0.29-0.15-0.030.08-0.75-1.00.19-0.8-0.66-0.38-0.23
0.62-0.770.340.350.45-0.110.630.560.78-0.68-0.78-0.080.050.020.40.08-0.060.280.620.780.10.670.440.47-0.07
0.16-0.020.080.310.18-0.110.1-0.06-0.010.07-0.01-0.080.180.19-0.13-0.18-0.410.560.140.020.20.1-0.060.17-0.38
0.180.220.550.740.270.860.120.63-0.250.250.210.050.180.990.61-0.22-0.490.620.14-0.210.990.11-0.740.66-0.69
0.120.280.490.710.210.850.060.58-0.310.290.270.020.190.990.59-0.27-0.530.630.08-0.270.990.05-0.760.64-0.72
0.42-0.270.410.590.40.440.330.620.25-0.33-0.290.4-0.130.610.59-0.13-0.430.390.40.290.640.4-0.20.78-0.58
-0.19-0.12-0.24-0.1-0.18-0.09-0.220.20.13-0.1-0.150.08-0.18-0.22-0.27-0.130.34-0.11-0.190.15-0.23-0.240.11-0.260.31
0.09-0.14-0.09-0.180.13-0.190.07-0.030.030.06-0.03-0.06-0.41-0.49-0.53-0.430.34-0.340.10.03-0.510.020.13-0.410.7
0.30.060.180.80.410.380.160.47-0.140.180.080.280.560.620.630.39-0.11-0.340.26-0.080.680.18-0.450.43-0.72
1.0-0.80.750.60.950.020.950.580.71-0.64-0.750.620.140.140.080.4-0.190.10.260.750.160.980.190.510.06
0.73-0.990.450.130.53-0.340.760.371.0-0.92-1.00.780.02-0.21-0.270.290.150.03-0.080.75-0.190.80.660.390.23
0.20.20.510.770.280.830.130.64-0.240.230.190.10.20.990.990.64-0.23-0.510.680.16-0.190.12-0.710.66-0.74
0.97-0.830.750.510.88-0.010.960.540.78-0.69-0.80.670.10.110.050.4-0.240.020.180.980.80.120.260.540.1
0.15-0.64-0.2-0.52-0.05-0.880.28-0.330.7-0.71-0.660.44-0.06-0.74-0.76-0.20.110.13-0.450.190.66-0.710.26-0.240.35
0.53-0.380.640.650.460.540.490.710.36-0.29-0.380.470.170.660.640.78-0.26-0.410.430.510.390.660.54-0.24-0.38
0.02-0.26-0.02-0.48-0.03-0.320.1-0.190.28-0.15-0.23-0.07-0.38-0.69-0.72-0.580.310.7-0.720.060.23-0.740.10.35-0.38
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Lument Finance Account Relationship Matchups

Lument Finance fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets657.9M621.5M1.0B1.1B1.4B1.1B
Other Current Liab(805.1K)(432.9K)(704.1K)(2.4M)6.2M6.6M
Total Current Liabilities805.1K432.9K704.1K2.4M10.3M10.9M
Total Stockholder Equity108.5M113.6M169.3M242.9M240.7M169.6M
Net Debt534.4M491.2M858.9M832.4M1.1B739.4M
Retained Earnings2.4M10.9M21.4M31.3M47.4M49.7M
Accounts Payable805.1K432.9K704.1K2.4M4.1M2.8M
Cash10.9M11.4M14.7M43.9M51.2M27.2M
Non Current Assets Total2.7M919.7K552.0K795.7K2.9M2.8M
Non Currrent Assets Other(24.4M)(2.7M)(621.5M)(1.3M)(692.0K)(726.6K)
Other Assets641.9M607.2M1.0B1.4M1.4B1.5B
Cash And Short Term Investments10.9M11.4M14.7M1.1B51.2M48.7M
Net Receivables2.3M2.0M26.4M5.8M8.6M14.4M
Common Stock Total Equity236.9K249.4K249.4K522.3K600.6K630.6K
Common Stock Shares Outstanding23.7M24.9M24.9M48.3M52.2M54.8M
Short Term Investments1.3B0.01.0B1.1B1.2B697.3M
Liabilities And Stockholders Equity657.9M621.5M1.0B1.1B1.4B1.1B
Inventory18.4M71.4M44.7M53.2M47.8M45.5M
Other Current Assets(18.4M)(71.4M)(44.7M)(53.2M)(60.1M)(57.1M)
Other Stockholder Equity105.9M102.5M233.8M314.6M135.5M162.4M
Total Liab549.3M507.8M879.5M885.0M1.2B979.3M
Total Current Assets13.3M13.4M41.1M1.1B59.8M56.8M
Accumulated Other Comprehensive Income(122.2M)(131.4M)(143.4M)(160.7M)(179.0M)(170.1M)
Common Stock236.9K249.4K249.4K522.3K522.5K548.6K
Short Long Term Debt Total545.3M542.2M920.5M923.3M1.2B1.0B
Short Term Debt505.9M502.6M873.6M876.3M1.2B802.4M
Non Current Liabilities Total545.3M502.6M873.6M2.4M1.2B808.3M
Long Term Debt39.4M39.6M46.8M47.0M1.2B1.3B
Long Term Debt Total39.4M39.6M46.8M47.0M42.3M40.2M
Capital Surpluse228.1M233.9M233.8M314.6M361.8M255.6M
Intangible Assets2.7M919.7K552.0K795.7K692.0K657.4K
Net Tangible Assets108.5M113.6M112.0M185.6M213.5M133.1M
Cash And Equivalents10.9M11.4M14.7M43.9M50.4M53.0M
Net Invested Capital653.9M616.2M985.6M1.1B1.4B1.0B
Capital Stock236.9K249.4K57.5M57.8M57.8M38.7M

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