Luokung Common Stock vs Good Will Analysis
LKCO Stock | USD 0.81 0.73 47.40% |
Luokung Technology financial indicator trend analysis is infinitely more than just investigating Luokung Technology Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Luokung Technology Corp is a good investment. Please check the relationship between Luokung Technology Common Stock and its Good Will accounts. Check out Correlation Analysis to better understand how to build diversified portfolios. 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.
Common Stock vs Good Will
Common Stock vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Luokung Technology Corp Common Stock account and Good Will. At this time, the significance of the direction appears to have very week relationship.
The correlation between Luokung Technology's Common Stock and Good Will is 0.24. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Good Will in the same time period over historical financial statements of Luokung Technology Corp, assuming nothing else is changed. The correlation between historical values of Luokung Technology's Common Stock and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Luokung Technology Corp are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Common Stock i.e., Luokung Technology's Common Stock and Good Will go up and down completely randomly.
Correlation Coefficient | 0.24 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Common Stock
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Most indicators from Luokung Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Luokung Technology Corp 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. 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. At this time, Luokung Technology's Selling General Administrative is very stable compared to the past year. As of the 26th of April 2025, Tax Provision is likely to grow to about 2.6 M, while Issuance Of Capital Stock is likely to drop 0.00.
2022 | 2023 | 2024 | 2025 (projected) | Total Operating Expenses | 76.2M | 191.5M | 185.9M | 195.2M | Cost Of Revenue | 77.9M | 5.6M | 6.5M | 6.2M |
Luokung Technology fundamental ratios Correlations
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Luokung Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Luokung Technology fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 129.2M | 265.2M | 233.6M | 53.6M | 61.7M | 73.6M | |
Short Long Term Debt Total | 43.6M | 59.4M | 54.3M | 54.0M | 62.1M | 32.3M | |
Other Current Liab | 47.3M | 31.4M | 47.8M | 35.7M | 41.1M | 43.2M | |
Total Current Liabilities | 73.6M | 101.7M | 94.8M | 100.7M | 115.9M | 121.6M | |
Total Stockholder Equity | 52.6M | 146.1M | 114.1M | (61.4M) | (70.6M) | (67.1M) | |
Property Plant And Equipment Net | 884.1K | 10.1M | 6.2M | 1.8M | 1.6M | 1.6M | |
Net Debt | 43.5M | 42.9M | 53.0M | 53.1M | 53.9M | 56.6M | |
Retained Earnings | (113.2M) | (182.7M) | (235.2M) | (416.6M) | (374.9M) | (356.2M) | |
Accounts Payable | 5.8M | 9.2M | 8.1M | 8.2M | 8.2M | 8.6M | |
Cash | 71.8K | 16.4M | 1.3M | 84.0K | 75.6K | 71.8K | |
Non Current Assets Total | 117.1M | 207.5M | 188.8M | 46.5M | 53.5M | 51.7M | |
Non Currrent Assets Other | 61.4M | 4.2M | 13.9M | 248.6K | 285.9K | 271.6K | |
Other Assets | 16.6M | 61.4M | 12.3M | 14.2M | 16.3M | 12.9M | |
Cash And Short Term Investments | 71.8K | 16.4M | 1.3M | 546.3K | 491.7K | 467.1K | |
Net Receivables | 4.0M | 14.5M | 10.6M | 3.3M | 4.7M | 4.5M | |
Common Stock Shares Outstanding | 924.9K | 1.4M | 1.8M | 2.2M | 2.6M | 2.7M | |
Liabilities And Stockholders Equity | 129.2M | 265.2M | 233.6M | 53.6M | 61.7M | 77.5M | |
Inventory | (27.3B) | (8.0B) | (27.5B) | (170.0K) | (153.0K) | (160.6K) | |
Other Current Assets | 8.0M | 26.8M | 36.2M | 1.9M | 2.2M | 2.1M | |
Other Stockholder Equity | 164.8M | 316.3M | 343.9M | 348.8M | 401.1M | 421.2M | |
Total Liab | 76.5M | 111.3M | 109.5M | 116.9M | 134.4M | 141.1M | |
Total Current Assets | 12.0M | 57.7M | 44.8M | 7.1M | 8.2M | 7.8M | |
Accumulated Other Comprehensive Income | (1.5M) | (1.6M) | 543.0K | 536.2K | 482.5K | 458.4K | |
Short Term Debt | 40.9M | 56.3M | 53.1M | 54.0M | 62.1M | 65.2M | |
Common Stock | 2.4M | 3.9M | 4.9M | 5.9M | 6.7M | 7.1M | |
Current Deferred Revenue | 657.5K | 1.6M | 2.1M | 682.5K | 614.3K | 583.6K | |
Non Current Liabilities Total | 2.9M | 9.6M | 14.7M | 16.1M | 18.5M | 19.5M | |
Property Plant And Equipment Gross | 884.1K | 14.8M | 9.4M | 5.1M | 4.6M | 7.3M | |
Intangible Assets | 42.7M | 102.9M | 87.7M | 43.3M | 49.8M | 25.7M | |
Property Plant Equipment | 1.3M | 884.1K | 10.1M | 6.2M | 5.6M | 4.8M | |
Other Liab | 32.9M | 2.9M | 6.6M | 3.3M | 3.8M | 7.2M | |
Net Tangible Assets | (4.8M) | (2.3M) | (38.8M) | (53.8M) | (48.5M) | (46.0M) | |
Good Will | 12.0M | 81.8M | 80.3M | 377.7K | 434.3K | 412.6K | |
Long Term Investments | 196.8K | 438.6K | 426.9K | 707.4K | 813.5K | 854.2K | |
Short Long Term Debt | 40.6M | 54.9M | 51.4M | 53.2M | 61.2M | 64.3M | |
Net Invested Capital | 95.6M | 200.7M | 165.6M | (8.2M) | (9.4M) | (8.9M) |
Check out Correlation Analysis to better understand how to build diversified portfolios. 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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Interactive Media & 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 Luokung Technology. If investors know Luokung 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 Luokung Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (647.12) | Revenue Per Share | Quarterly Revenue Growth (0.78) | Return On Assets | Return On Equity |
The market value of Luokung Technology Corp is measured differently than its book value, which is the value of Luokung that is recorded on the company's balance sheet. Investors also form their own opinion of Luokung Technology's value that differs from its market value or its book value, called intrinsic value, which is Luokung Technology'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 Luokung Technology's market value can be influenced by many factors that don't directly affect Luokung Technology'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 Luokung Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Luokung Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Luokung Technology'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.