Luokung Selling General Administrative vs Total Operating Expenses Analysis

LKCO Stock

USD 1.77 0.05 2.75%

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 Selling General Administrative and its Total Operating Expenses accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Luokung Technology Corp. 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.

Selling General Administrative vs Total Operating Expenses

Selling General Administrative vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Luokung Technology Corp Selling General Administrative account and Total Operating Expenses. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Luokung Technology's Selling General Administrative and Total Operating Expenses is 0.97. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Operating Expenses 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 Selling General Administrative and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Luokung Technology Corp are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Selling General Administrative i.e., Luokung Technology's Selling General Administrative and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.97

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Selling General Administrative

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

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, which includes a position in Luokung Technology Corp. 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 11th of December 2024, Tax Provision is likely to grow to about 2.9 M, while Issuance Of Capital Stock is likely to drop 0.00.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	81.7M	76.2M	191.5M	201.1M
Cost Of Revenue	129.0M	77.9M	5.6M	5.3M

Total Operating Expenses Cost Of Revenue

Luokung Technology 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 Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock
Total Assets		0.59	0.73	0.75	-0.32	-0.14	0.71	-0.44	0.76	0.42	0.99	0.11	0.39	0.12	0.66	0.34	0.37	-0.64	0.15	0.65	0.73	-0.02	0.8	0.66	0.97	0.63
Other Current Liab	0.59		0.95	-0.06	-0.81	-0.19	0.97	-0.92	0.93	-0.23	0.63	0.41	-0.2	-0.18	0.92	0.34	0.37	-0.2	0.03	0.93	0.95	-0.48	0.15	0.93	0.68	0.94
Total Current Liabilities	0.73	0.95		0.1	-0.66	-0.13	0.96	-0.91	0.99	0.02	0.75	0.39	0.04	-0.19	0.9	0.26	0.33	-0.3	-0.06	0.97	0.99	-0.26	0.32	0.98	0.8	0.96
Total Stockholder Equity	0.75	-0.06	0.1		0.2	-0.07	0.09	0.25	0.16	0.6	0.72	-0.08	0.54	0.28	0.07	0.12	0.11	-0.58	0.13	0.0	0.1	0.24	0.82	0.04	0.62	-0.03
Property Plant And Equipment Net	-0.32	-0.81	-0.66	0.2		0.23	-0.79	0.65	-0.67	0.48	-0.33	-0.13	0.47	-0.24	-0.81	-0.65	-0.5	0.28	-0.37	-0.62	-0.71	0.87	-0.08	-0.56	-0.41	-0.64
Current Deferred Revenue	-0.14	-0.19	-0.13	-0.07	0.23		-0.19	0.13	-0.15	0.11	-0.18	-0.13	0.09	0.15	-0.21	-0.14	0.25	0.12	-0.03	-0.15	-0.14	0.23	0.08	-0.18	-0.17	-0.16
Net Debt	0.71	0.97	0.96	0.09	-0.79	-0.19		-0.89	0.97	-0.09	0.74	0.28	-0.07	-0.07	0.94	0.46	0.48	-0.38	0.16	0.94	0.98	-0.42	0.32	0.92	0.8	0.95
Retained Earnings	-0.44	-0.92	-0.91	0.25	0.65	0.13	-0.89		-0.89	0.17	-0.47	-0.29	0.12	0.3	-0.82	-0.25	-0.35	0.09	0.05	-0.97	-0.92	0.25	-0.03	-0.93	-0.58	-0.97
Accounts Payable	0.76	0.93	0.99	0.16	-0.67	-0.15	0.97	-0.89		0.06	0.78	0.28	0.07	-0.1	0.91	0.35	0.41	-0.39	0.03	0.97	0.99	-0.27	0.4	0.95	0.84	0.95
Cash	0.42	-0.23	0.02	0.6	0.48	0.11	-0.09	0.17	0.06		0.37	-0.2	0.99	0.1	-0.1	-0.1	0.02	-0.55	0.01	0.0	0.01	0.64	0.59	0.01	0.36	-0.05
Non Current Assets Total	0.99	0.63	0.75	0.72	-0.33	-0.18	0.74	-0.47	0.78	0.37		0.21	0.35	0.02	0.67	0.29	0.32	-0.6	0.09	0.67	0.75	-0.03	0.73	0.7	0.97	0.66
Non Currrent Assets Other	0.11	0.41	0.39	-0.08	-0.13	-0.13	0.28	-0.29	0.28	-0.2	0.21		-0.19	-0.7	0.21	-0.6	-0.57	0.4	-0.75	0.27	0.25	-0.03	-0.35	0.49	0.09	0.25
Cash And Short Term Investments	0.39	-0.2	0.04	0.54	0.47	0.09	-0.07	0.12	0.07	0.99	0.35	-0.19		0.06	-0.08	-0.12	0.01	-0.52	0.0	0.03	0.03	0.65	0.55	0.04	0.34	-0.02
Net Receivables	0.12	-0.18	-0.19	0.28	-0.24	0.15	-0.07	0.3	-0.1	0.1	0.02	-0.7	0.06		0.03	0.67	0.53	-0.49	0.66	-0.23	-0.1	-0.39	0.6	-0.37	0.07	-0.24
Common Stock Total Equity	0.66	0.92	0.9	0.07	-0.81	-0.21	0.94	-0.82	0.91	-0.1	0.67	0.21	-0.08	0.03		0.5	0.41	-0.42	0.21	0.87	0.92	-0.55	0.32	0.84	0.74	0.87
Common Stock Shares Outstanding	0.34	0.34	0.26	0.12	-0.65	-0.14	0.46	-0.25	0.35	-0.1	0.29	-0.6	-0.12	0.67	0.5		0.84	-0.66	0.9	0.29	0.4	-0.59	0.45	0.11	0.42	0.34
Non Current Liabilities Total	0.37	0.37	0.33	0.11	-0.5	0.25	0.48	-0.35	0.41	0.02	0.32	-0.57	0.01	0.53	0.41	0.84		-0.57	0.79	0.39	0.47	-0.32	0.48	0.2	0.47	0.43
Inventory	-0.64	-0.2	-0.3	-0.58	0.28	0.12	-0.38	0.09	-0.39	-0.55	-0.6	0.4	-0.52	-0.49	-0.42	-0.66	-0.57		-0.66	-0.25	-0.39	0.15	-0.71	-0.18	-0.64	-0.25
Other Current Assets	0.15	0.03	-0.06	0.13	-0.37	-0.03	0.16	0.05	0.03	0.01	0.09	-0.75	0.0	0.66	0.21	0.9	0.79	-0.66		-0.01	0.1	-0.42	0.36	-0.2	0.19	0.05
Other Stockholder Equity	0.65	0.93	0.97	0.0	-0.62	-0.15	0.94	-0.97	0.97	0.0	0.67	0.27	0.03	-0.23	0.87	0.29	0.39	-0.25	-0.01		0.98	-0.19	0.26	0.97	0.76	0.99
Total Liab	0.73	0.95	0.99	0.1	-0.71	-0.14	0.98	-0.92	0.99	0.01	0.75	0.25	0.03	-0.1	0.92	0.4	0.47	-0.39	0.1	0.98		-0.31	0.36	0.95	0.82	0.97
Property Plant And Equipment Gross	-0.02	-0.48	-0.26	0.24	0.87	0.23	-0.42	0.25	-0.27	0.64	-0.03	-0.03	0.65	-0.39	-0.55	-0.59	-0.32	0.15	-0.42	-0.19	-0.31		0.06	-0.16	-0.09	-0.23
Total Current Assets	0.8	0.15	0.32	0.82	-0.08	0.08	0.32	-0.03	0.4	0.59	0.73	-0.35	0.55	0.6	0.32	0.45	0.48	-0.71	0.36	0.26	0.36	0.06		0.19	0.73	0.22
Short Term Debt	0.66	0.93	0.98	0.04	-0.56	-0.18	0.92	-0.93	0.95	0.01	0.7	0.49	0.04	-0.37	0.84	0.11	0.2	-0.18	-0.2	0.97	0.95	-0.16	0.19		0.75	0.95
Intangible Assets	0.97	0.68	0.8	0.62	-0.41	-0.17	0.8	-0.58	0.84	0.36	0.97	0.09	0.34	0.07	0.74	0.42	0.47	-0.64	0.19	0.76	0.82	-0.09	0.73	0.75		0.75
Common Stock	0.63	0.94	0.96	-0.03	-0.64	-0.16	0.95	-0.97	0.95	-0.05	0.66	0.25	-0.02	-0.24	0.87	0.34	0.43	-0.25	0.05	0.99	0.97	-0.23	0.22	0.95	0.75

Click cells to compare fundamentals

Luokung Technology Account Relationship Matchups

Luokung Technology fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	117.9M	129.2M	265.2M	233.6M	53.6M	82.0M
Other Current Liab	22.6M	47.3M	31.4M	47.8M	55.0M	57.8M
Total Current Liabilities	30.7M	73.6M	101.7M	94.8M	100.7M	105.8M
Total Stockholder Equity	54.4M	52.6M	146.1M	114.1M	(61.4M)	(58.3M)
Property Plant And Equipment Net	1.3M	884.1K	10.1M	6.2M	1.8M	1.7M
Current Deferred Revenue	2.1M	657.5K	1.6M	2.1M	1.9M	1.9M
Net Debt	31.3M	43.5M	42.9M	53.0M	53.1M	55.8M
Retained Earnings	(73.4M)	(113.2M)	(182.7M)	(235.2M)	(416.6M)	(395.8M)
Accounts Payable	4.3M	5.8M	9.2M	8.1M	8.2M	8.6M
Cash	3.7M	71.8K	16.4M	1.3M	84.0K	79.8K
Non Current Assets Total	76.9M	117.1M	207.5M	188.8M	46.5M	57.5M
Non Currrent Assets Other	(60.3M)	61.4M	4.2M	13.9M	15.9M	16.7M
Cash And Short Term Investments	3.7M	71.8K	16.4M	1.3M	1.1M	1.1M
Net Receivables	32.4M	4.0M	14.5M	10.6M	3.3M	3.2M
Common Stock Total Equity	1.0	2.0M	2.1M	2.4M	2.8M	2.9M
Common Stock Shares Outstanding	6.7M	924.9K	1.4M	1.8M	2.0M	1.3M
Liabilities And Stockholders Equity	117.9M	129.2M	265.2M	233.6M	268.7M	282.1M
Non Current Liabilities Total	33.2M	2.9M	9.6M	14.7M	16.1M	8.5M
Inventory	(27.3B)	(8.0B)	(27.5B)	(170.0K)	(153.0K)	(160.6K)
Other Current Assets	27.3B	8.0M	26.8M	36.2M	41.6M	39.6M
Other Stockholder Equity	124.1M	164.8M	316.3M	343.9M	395.5M	415.3M
Total Liab	63.9M	76.5M	111.3M	109.5M	116.9M	122.7M
Property Plant And Equipment Gross	1.3M	884.1K	14.8M	9.4M	5.1M	7.3M
Total Current Assets	41.0M	12.0M	57.7M	44.8M	7.1M	6.8M
Accumulated Other Comprehensive Income	1.4M	(1.5M)	(1.6M)	543.0K	488.7K	464.2K
Short Term Debt	1.7M	40.9M	56.3M	53.1M	61.1M	64.1M
Intangible Assets	47.3M	42.7M	102.9M	87.7M	43.3M	24.3M
Common Stock	2.1M	2.4M	3.9M	4.9M	5.7M	5.9M
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)
Other Assets	16.6M	61.4M	12.3M	14.2M	16.3M	14.5M
Good Will	11.7M	12.0M	81.8M	80.3M	377.7K	358.8K
Short Long Term Debt	1.3M	40.6M	54.9M	51.4M	53.2M	29.0M
Short Long Term Debt Total	34.9M	43.6M	59.4M	54.3M	62.4M	37.2M
Net Invested Capital	88.4M	95.6M	200.7M	165.6M	(8.2M)	(7.8M)
Net Working Capital	10.3M	(61.6M)	(44.0M)	(50.0M)	(93.6M)	(88.9M)

Pair Trading with Luokung Technology

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Luokung Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Luokung Technology will appreciate offsetting losses from the drop in the long position's value.

Moving together with Luokung Stock

0.68

DLPN

Dolphin Entertainment

Pair Corr

Moving against Luokung Stock

0.89	WMG	Warner Music Group	Pair Corr
0.79	SE	Sea	Pair Corr
0.79	EVC	Entravision Communications	Pair Corr
0.76	WPP	WPP PLC ADR	Pair Corr
0.63	DIS	Walt Disney Sell-off Trend	Pair Corr

The ability to find closely correlated positions to Luokung Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Luokung Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Luokung Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Luokung Technology Corp to buy it.

The correlation of Luokung Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Luokung Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Luokung Technology Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Luokung Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Luokung Technology Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Luokung Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Luokung Technology Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Luokung Technology Corp Stock:

How To Invest In Luokung

Details

Is Luokung Stock a good investment?

Details

What is Luokung Technology's Net Worth?

Details

Largest Interactive Media & Services Companies

View

Largest Media & Entertainment Companies

View

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Luokung Technology Corp. 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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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

(652.40)

Revenue Per Share

4.604

Quarterly Revenue Growth

(0.87)

Return On Assets

(0.44)

Return On Equity

(4.47)

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.

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

Luokung Selling General Administrative vs Total Operating Expenses Analysis

Selling General Administrative vs Total Operating Expenses

Selling General Administrative vs Total Operating Expenses Correlation Analysis

Correlation Coefficient

Selling General Administrative

Total Operating Expenses

Luokung Technology fundamental ratios Correlations

Luokung Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Luokung Technology fundamental ratios Accounts

Pair Trading with Luokung Technology

Moving together with Luokung Stock

Moving against Luokung Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 0.99	Total Assets
Accounts Payable	+ 0.99	Total Current Liabilities
Total Liab	+ 0.99	Total Current Liabilities
Total Liab	+ 0.99	Accounts Payable
Cash And Short Term Investments	+ 0.99	Cash
Common Stock	+ 0.99	Other Stockholder Equity

Common Stock	- 0.97	Retained Earnings
Other Stockholder Equity	- 0.97	Retained Earnings
Short Term Debt	- 0.93	Retained Earnings
Total Liab	- 0.92	Retained Earnings
Retained Earnings	- 0.92	Other Current Liab
Retained Earnings	- 0.91	Total Current Liabilities