Lucas Net Income From Continuing Ops vs Gross Profit Analysis
| LGCL Stock | 1.02 0.14 15.91% |
Lucas GC financial indicator trend analysis is infinitely more than just investigating Lucas GC Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lucas GC Limited is a good investment. Please check the relationship between Lucas GC Net Income From Continuing Ops and its Gross Profit accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lucas GC Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Net Income From Continuing Ops vs Gross Profit
Net Income From Continuing Ops vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lucas GC Limited Net Income From Continuing Ops account and Gross Profit. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Lucas GC's Net Income From Continuing Ops and Gross Profit is 0.8. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Lucas GC Limited, assuming nothing else is changed. The correlation between historical values of Lucas GC's Net Income From Continuing Ops and Gross Profit 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 Income From Continuing Ops of Lucas GC Limited are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Net Income From Continuing Ops i.e., Lucas GC's Net Income From Continuing Ops and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.8 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Net Income From Continuing Ops
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Lucas GC Limited minus its cost of goods sold. It is profit before Lucas GC operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most indicators from Lucas GC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lucas GC Limited 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 Lucas GC Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. Tax Provision is expected to rise to about (7.5 M) this year. The value of Selling General Administrative is expected to slide to about 60.4 M
| 2021 | 2023 | 2024 (projected) | Depreciation And Amortization | 236.6K | 4.3M | 4.5M | Interest Income | 63K | 72.5K | 64.4K |
Lucas GC fundamental ratios Correlations
Click cells to compare fundamentals
Lucas GC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Is Human Resource & Employment Services 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 Lucas GC. If investors know Lucas 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 Lucas GC 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 0.459 | Revenue Per Share 18.882 | Quarterly Revenue Growth 0.41 | Return On Assets 0.1588 | Return On Equity 0.4974 |
The market value of Lucas GC Limited is measured differently than its book value, which is the value of Lucas that is recorded on the company's balance sheet. Investors also form their own opinion of Lucas GC's value that differs from its market value or its book value, called intrinsic value, which is Lucas GC'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 Lucas GC's market value can be influenced by many factors that don't directly affect Lucas GC'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 Lucas GC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lucas GC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lucas GC'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.