LGL Non Currrent Assets Other vs Total Stockholder Equity Analysis

LGL Stock  USD 6.15  0.11  1.82%   
LGL financial indicator trend analysis is infinitely more than just investigating LGL Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LGL Group is a good investment. Please check the relationship between LGL Non Currrent Assets Other and its Total Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LGL Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Non Currrent Assets Other vs Total Stockholder Equity

Non Currrent Assets Other vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LGL Group Non Currrent Assets Other account and Total Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between LGL's Non Currrent Assets Other and Total Stockholder Equity is -0.46. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of LGL Group, assuming nothing else is changed. The correlation between historical values of LGL's Non Currrent Assets Other and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of LGL Group are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Non Currrent Assets Other i.e., LGL's Non Currrent Assets Other and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.46
Relationship DirectionNegative 
Relationship StrengthVery Weak

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from LGL's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LGL Group 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 LGL Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
At this time, LGL's Tax Provision is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.39 this year, although the value of Selling General Administrative will most likely fall to about 2.2 M.
 2022 2023 2024 (projected)
Interest Expense7.0M6.3M3.4M
Depreciation And Amortization558K22K20.9K

LGL fundamental ratios Correlations

-0.290.12-0.230.69-0.43-0.840.470.86-0.18-0.390.89-0.50.8-0.4-0.280.380.4-0.190.87-0.16-0.68-0.280.17-0.23-0.23
-0.290.240.63-0.290.50.350.41-0.270.410.73-0.40.3-0.620.840.32-0.03-0.610.79-0.330.820.610.51-0.080.520.52
0.120.240.560.380.550.10.68-0.10.540.310.020.13-0.03-0.020.650.690.010.690.230.120.190.320.40.310.31
-0.230.630.56-0.010.910.490.32-0.460.760.24-0.450.69-0.40.670.890.36-0.190.92-0.20.80.59-0.03-0.12-0.05-0.05
0.69-0.290.38-0.01-0.19-0.630.550.580.05-0.460.8-0.30.78-0.420.030.570.80.010.93-0.1-0.59-0.320.46-0.28-0.28
-0.430.50.550.91-0.190.640.19-0.630.750.28-0.640.71-0.570.580.910.35-0.30.83-0.410.610.660.03-0.190.00.0
-0.840.350.10.49-0.630.64-0.36-0.990.440.35-0.910.72-0.720.440.59-0.23-0.420.41-0.820.30.80.210.00.160.16
0.470.410.680.320.550.19-0.360.40.230.390.43-0.330.130.150.140.69-0.060.580.550.25-0.070.40.410.440.44
0.86-0.27-0.1-0.460.58-0.63-0.990.4-0.42-0.30.9-0.720.68-0.38-0.590.220.35-0.360.8-0.24-0.77-0.17-0.02-0.11-0.11
-0.180.410.540.760.050.750.440.23-0.420.19-0.440.78-0.210.240.830.06-0.060.7-0.220.50.620.04-0.150.020.02
-0.390.730.310.24-0.460.280.350.39-0.30.19-0.430.02-0.70.50.09-0.06-0.80.54-0.460.240.640.930.110.930.93
0.89-0.40.02-0.450.8-0.64-0.910.430.9-0.44-0.43-0.720.85-0.51-0.50.370.59-0.370.95-0.33-0.85-0.230.36-0.18-0.18
-0.50.30.130.69-0.30.710.72-0.33-0.720.780.02-0.72-0.390.390.8-0.25-0.080.47-0.550.50.71-0.2-0.33-0.24-0.24
0.8-0.62-0.03-0.40.78-0.57-0.720.130.68-0.21-0.70.85-0.39-0.69-0.290.170.8-0.470.84-0.39-0.77-0.50.3-0.47-0.47
-0.40.84-0.020.67-0.420.580.440.15-0.380.240.5-0.510.39-0.690.340.02-0.580.68-0.430.850.610.18-0.280.190.19
-0.280.320.650.890.030.910.590.14-0.590.830.09-0.50.8-0.290.340.33-0.010.76-0.230.490.57-0.09-0.02-0.13-0.13
0.38-0.030.690.360.570.35-0.230.690.220.06-0.060.37-0.250.170.020.330.20.420.550.05-0.26-0.070.37-0.05-0.05
0.4-0.610.01-0.190.8-0.3-0.42-0.060.35-0.06-0.80.59-0.080.8-0.58-0.010.2-0.360.68-0.27-0.6-0.640.28-0.63-0.63
-0.190.790.690.920.010.830.410.58-0.360.70.54-0.370.47-0.470.680.760.42-0.36-0.150.750.620.330.070.320.32
0.87-0.330.23-0.20.93-0.41-0.820.550.8-0.22-0.460.95-0.550.84-0.43-0.230.550.68-0.15-0.19-0.75-0.30.41-0.25-0.25
-0.160.820.120.8-0.10.610.30.25-0.240.50.24-0.330.5-0.390.850.490.05-0.270.75-0.190.45-0.06-0.26-0.04-0.04
-0.680.610.190.59-0.590.660.8-0.07-0.770.620.64-0.850.71-0.770.610.57-0.26-0.60.62-0.750.450.45-0.160.420.42
-0.280.510.32-0.03-0.320.030.210.4-0.170.040.93-0.23-0.2-0.50.18-0.09-0.07-0.640.33-0.3-0.060.450.341.01.0
0.17-0.080.4-0.120.46-0.190.00.41-0.02-0.150.110.36-0.330.3-0.28-0.020.370.280.070.41-0.26-0.160.340.340.34
-0.230.520.31-0.05-0.280.00.160.44-0.110.020.93-0.18-0.24-0.470.19-0.13-0.05-0.630.32-0.25-0.040.421.00.341.0
-0.230.520.31-0.05-0.280.00.160.44-0.110.020.93-0.18-0.24-0.470.19-0.13-0.05-0.630.32-0.25-0.040.421.00.341.0
Click cells to compare fundamentals

LGL Account Relationship Matchups

LGL fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets39.2M43.5M59.9M39.8M41.9M73.8M
Other Current Liab2.5M2.1M3.8M276K604K573.8K
Total Current Liabilities4.3M3.4M4.4M587K474K450.3K
Total Stockholder Equity34.9M39.8M54.7M38.5M38.8M23.9M
Property Plant And Equipment Net3.2M3.2M3.8M133K75K71.3K
Net Debt(12.1M)(18.0M)(28.8M)(21.4M)(40.6M)(38.6M)
Retained Earnings(6.2M)(5.2M)9.5M(7.3M)(7.1M)(6.7M)
Cash12.5M18.3M29.0M21.5M40.7M42.7M
Non Current Assets Total10.3M9.7M4.1M445K284K269.8K
Non Currrent Assets Other102K16K5K(211K)19.0K18.0K
Cash And Short Term Investments18.1M24.1M45.2M38.1M40.7M42.8M
Net Receivables4.4M4.1M672K543K356K338.2K
Common Stock Shares Outstanding5.0M5.2M5.3M5.3M5.4M5.6M
Liabilities And Stockholders Equity39.2M43.5M59.9M39.8M41.9M73.8M
Non Current Liabilities Total118K293K737K708K694K659.3K
Inventory6.0M5.3M5.5M265K204K193.8K
Other Current Assets365K257K12.4M440K273K259.4K
Other Stockholder Equity41.0M44.9M45.2M45.8M45.8M26.2M
Total Liab4.3M3.7M5.2M1.3M1.2M1.1M
Total Current Assets28.9M33.8M55.8M39.3M41.6M38.7M
Accounts Payable1.9M1.3M60K310K93K88.4K
Intangible Assets402K327K252K78K57K54.2K
Short Term Investments5.6M5.8M16.2M16.6M22K20.9K
Common Stock47K49K50K53K47.7K45.3K
Common Stock Total Equity47K49K50K53K47.7K45.3K
Property Plant And Equipment Gross3.2M23.1M24.6M771K693.9K659.2K
Other Assets3.4M3.1M39K234K1.00.95
Property Plant Equipment2.8M3.2M3.8M133K119.7K113.7K
Retained Earnings Total Equity(14.6M)(13.2M)(6.2M)(5.2M)(4.7M)(4.9M)
Net Tangible Assets34.5M39.4M54.5M38.4M44.2M30.4M
Capital Surpluse41.6M45.5M45.8M46.3M53.3M41.4M
Cash And Equivalents12.5M18.3M29.0M21.5M24.7M17.7M
Net Invested Capital34.9M39.8M54.7M38.5M44.3M40.4M

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When determining whether LGL Group is a strong investment it is important to analyze LGL'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 LGL's future performance. For an informed investment choice regarding LGL Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LGL Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Electronic Equipment, Instruments & Components 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 LGL. If investors know LGL 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 LGL 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
(0.85)
Earnings Share
0.08
Revenue Per Share
0.734
Quarterly Revenue Growth
0.481
Return On Assets
0.0126
The market value of LGL Group is measured differently than its book value, which is the value of LGL that is recorded on the company's balance sheet. Investors also form their own opinion of LGL's value that differs from its market value or its book value, called intrinsic value, which is LGL'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 LGL's market value can be influenced by many factors that don't directly affect LGL'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 LGL's value and its price as these two are different measures arrived at by different means. Investors typically determine if LGL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LGL'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.