Lucas Short Term Investments vs Common Stock Analysis

LGCL Stock

0.76 0.37 32.74%

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 Short Term Investments and its Common Stock 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.

Short Term Investments vs Common Stock

Short Term Investments vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lucas GC Limited Short Term Investments account and Common Stock. At this time, the significance of the direction appears to have totally related.

The correlation between Lucas GC's Short Term Investments and Common Stock is 0.99. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Common Stock 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 Short Term Investments and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Lucas GC Limited are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Short Term Investments i.e., Lucas GC's Short Term Investments and Common Stock go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Short Term Investments

Short Term Investments is an item under the current assets section of Lucas GC balance sheet. It contains any investments Lucas GC Limited undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Lucas GC Limited can easily liquidate in the marketplace.

Common Stock

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

Depreciation And Amortization Interest Income

Lucas GC fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Capital Stock	Net Working Capital
Total Assets		0.78	1.0	1.0	1.0	0.44	0.85	1.0	-0.03	0.52	1.0	0.97	0.98	-0.31	-0.76	0.99	-0.79	0.71	0.73	0.77	1.0	0.93	0.78	1.0	-0.95	0.84
Other Current Liab	0.78		0.74	0.8	0.78	-0.2	0.99	0.79	-0.64	-0.13	0.79	0.7	0.65	-0.74	-0.63	0.79	-0.51	0.35	0.23	0.33	0.74	0.56	0.27	0.78	-0.79	0.41
Total Current Liabilities	1.0	0.74		1.0	1.0	0.5	0.81	1.0	0.03	0.56	1.0	0.97	0.99	-0.28	-0.76	0.99	-0.79	0.71	0.77	0.78	1.0	0.93	0.81	1.0	-0.94	0.86
Total Stockholder Equity	1.0	0.8	1.0		1.0	0.42	0.86	1.0	-0.06	0.5	1.0	0.97	0.98	-0.33	-0.76	0.99	-0.79	0.7	0.71	0.76	1.0	0.92	0.77	1.0	-0.95	0.83
Property Plant And Equipment Net	1.0	0.78	1.0	1.0		0.44	0.85	1.0	-0.04	0.52	1.0	0.98	0.98	-0.3	-0.76	0.99	-0.8	0.71	0.72	0.78	1.0	0.93	0.78	1.0	-0.95	0.84
Current Deferred Revenue	0.44	-0.2	0.5	0.42	0.44		-0.09	0.43	0.88	0.97	0.43	0.48	0.6	0.47	-0.35	0.43	-0.41	0.49	0.84	0.65	0.5	0.6	0.78	0.45	-0.38	0.67
Net Debt	0.85	0.99	0.81	0.86	0.85	-0.09		0.85	-0.55	-0.01	0.86	0.78	0.74	-0.68	-0.68	0.86	-0.58	0.43	0.32	0.42	0.81	0.65	0.37	0.85	-0.85	0.5
Retained Earnings	1.0	0.79	1.0	1.0	1.0	0.43	0.85		-0.05	0.51	1.0	0.98	0.98	-0.31	-0.76	0.99	-0.81	0.72	0.71	0.78	1.0	0.93	0.78	1.0	-0.95	0.84
Accounts Payable	-0.03	-0.64	0.03	-0.06	-0.04	0.88	-0.55	-0.05		0.82	-0.05	0.03	0.15	0.73	-0.03	-0.05	-0.08	0.18	0.51	0.35	0.03	0.19	0.45	-0.03	0.05	0.29
Cash	0.52	-0.13	0.56	0.5	0.52	0.97	-0.01	0.51	0.82		0.5	0.59	0.66	0.55	-0.38	0.49	-0.6	0.65	0.81	0.8	0.56	0.72	0.87	0.52	-0.44	0.77
Non Current Assets Total	1.0	0.79	1.0	1.0	1.0	0.43	0.86	1.0	-0.05	0.5		0.97	0.98	-0.32	-0.76	0.99	-0.8	0.71	0.71	0.77	1.0	0.93	0.77	1.0	-0.95	0.83
Non Currrent Assets Other	0.97	0.7	0.97	0.97	0.98	0.48	0.78	0.98	0.03	0.59	0.97		0.96	-0.12	-0.73	0.95	-0.91	0.82	0.69	0.89	0.97	0.98	0.85	0.97	-0.91	0.88
Cash And Short Term Investments	0.98	0.65	0.99	0.98	0.98	0.6	0.74	0.98	0.15	0.66	0.98	0.96		-0.2	-0.74	0.98	-0.77	0.72	0.84	0.8	0.99	0.94	0.85	0.98	-0.91	0.89
Net Receivables	-0.31	-0.74	-0.28	-0.33	-0.3	0.47	-0.68	-0.31	0.73	0.55	-0.32	-0.12	-0.2		0.29	-0.38	-0.2	0.3	0.03	0.35	-0.28	0.06	0.3	-0.31	0.36	0.14
Common Stock Shares Outstanding	-0.76	-0.63	-0.76	-0.76	-0.76	-0.35	-0.68	-0.76	-0.03	-0.38	-0.76	-0.73	-0.74	0.29		-0.76	0.58	-0.25	-0.38	-0.55	-0.76	-0.68	-0.42	-0.76	0.93	-0.4
Short Term Investments	0.99	0.79	0.99	0.99	0.99	0.43	0.86	0.99	-0.05	0.49	0.99	0.95	0.98	-0.38	-0.76		-0.72	0.65	0.74	0.71	0.99	0.89	0.74	0.99	-0.94	0.81
Non Current Liabilities Total	-0.79	-0.51	-0.79	-0.79	-0.8	-0.41	-0.58	-0.81	-0.08	-0.6	-0.8	-0.91	-0.77	-0.2	0.58	-0.72		-0.91	-0.47	-0.96	-0.79	-0.94	-0.83	-0.79	0.73	-0.83
Inventory	0.71	0.35	0.71	0.7	0.71	0.49	0.43	0.72	0.18	0.65	0.71	0.82	0.72	0.3	-0.25	0.65	-0.91		0.62	0.91	0.71	0.87	0.92	0.71	-0.51	0.93
Other Current Assets	0.73	0.23	0.77	0.71	0.72	0.84	0.32	0.71	0.51	0.81	0.71	0.69	0.84	0.03	-0.38	0.74	-0.47	0.62		0.64	0.77	0.72	0.85	0.73	-0.58	0.86
Other Stockholder Equity	0.77	0.33	0.78	0.76	0.78	0.65	0.42	0.78	0.35	0.8	0.77	0.89	0.8	0.35	-0.55	0.71	-0.96	0.91	0.64		0.78	0.95	0.93	0.77	-0.69	0.89
Total Liab	1.0	0.74	1.0	1.0	1.0	0.5	0.81	1.0	0.03	0.56	1.0	0.97	0.99	-0.28	-0.76	0.99	-0.79	0.71	0.77	0.78		0.93	0.81	1.0	-0.94	0.86
Net Invested Capital	0.93	0.56	0.93	0.92	0.93	0.6	0.65	0.93	0.19	0.72	0.93	0.98	0.94	0.06	-0.68	0.89	-0.94	0.87	0.72	0.95	0.93		0.92	0.93	-0.85	0.92
Property Plant And Equipment Gross	0.78	0.27	0.81	0.77	0.78	0.78	0.37	0.78	0.45	0.87	0.77	0.85	0.85	0.3	-0.42	0.74	-0.83	0.92	0.85	0.93	0.81	0.92		0.78	-0.62	0.98
Total Current Assets	1.0	0.78	1.0	1.0	1.0	0.45	0.85	1.0	-0.03	0.52	1.0	0.97	0.98	-0.31	-0.76	0.99	-0.79	0.71	0.73	0.77	1.0	0.93	0.78		-0.95	0.84
Capital Stock	-0.95	-0.79	-0.94	-0.95	-0.95	-0.38	-0.85	-0.95	0.05	-0.44	-0.95	-0.91	-0.91	0.36	0.93	-0.94	0.73	-0.51	-0.58	-0.69	-0.94	-0.85	-0.62	-0.95		-0.66
Net Working Capital	0.84	0.41	0.86	0.83	0.84	0.67	0.5	0.84	0.29	0.77	0.83	0.88	0.89	0.14	-0.4	0.81	-0.83	0.93	0.86	0.89	0.86	0.92	0.98	0.84	-0.66

Click cells to compare fundamentals

Lucas GC Account Relationship Matchups

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

When determining whether Lucas GC Limited is a strong investment it is important to analyze Lucas GC's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Lucas GC's future performance. For an informed investment choice regarding Lucas Stock, refer to the following important reports:

How To Invest In Lucas

Details

Is Lucas Stock a good investment?

Details

What is Lucas GC's Net Worth?

Details

Largest Commercial & Professional Services Companies

View

Largest Industrials Companies

View

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.

You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Lucas Short Term Investments vs Common Stock Analysis

Short Term Investments vs Common Stock

Short Term Investments vs Common Stock Correlation Analysis

Correlation Coefficient

Short Term Investments

Common Stock

Lucas GC fundamental ratios Correlations

Lucas GC Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Liabilities	+ 1.0	Total Assets
Total Stockholder Equity	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets

Other Stockholder Equity	- 0.96	Non Current Liabilities Total
Capital Stock	- 0.95	Total Current Assets
Capital Stock	- 0.95	Non Current Assets Total
Capital Stock	- 0.95	Retained Earnings
Capital Stock	- 0.95	Property Plant And Equipment Net
Capital Stock	- 0.95	Total Stockholder Equity