Luokung Total Stockholder Equity vs Capital Stock 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 Total Stockholder Equity and its Capital Stock 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.

Total Stockholder Equity vs Capital Stock

Total Stockholder Equity vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Luokung Technology Corp Total Stockholder Equity account and Capital Stock. At this time, the significance of the direction appears to have no relationship.
The correlation between Luokung Technology's Total Stockholder Equity and Capital Stock is 0.0. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Capital Stock 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 Total Stockholder Equity and Capital 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 Total Stockholder Equity of Luokung Technology Corp are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Total Stockholder Equity i.e., Luokung Technology's Total Stockholder Equity and Capital Stock go up and down completely randomly.

Correlation Coefficient

0.0
Relationship DirectionFlat 
Relationship StrengthInsignificant

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.

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
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 Expenses81.7M76.2M191.5M201.1M
Cost Of Revenue129.0M77.9M5.6M5.3M

Luokung Technology fundamental ratios Correlations

0.590.730.75-0.32-0.140.71-0.440.760.420.990.110.390.120.660.340.37-0.640.150.650.73-0.020.80.660.970.63
0.590.95-0.06-0.81-0.190.97-0.920.93-0.230.630.41-0.2-0.180.920.340.37-0.20.030.930.95-0.480.150.930.680.94
0.730.950.1-0.66-0.130.96-0.910.990.020.750.390.04-0.190.90.260.33-0.3-0.060.970.99-0.260.320.980.80.96
0.75-0.060.10.2-0.070.090.250.160.60.72-0.080.540.280.070.120.11-0.580.130.00.10.240.820.040.62-0.03
-0.32-0.81-0.660.20.23-0.790.65-0.670.48-0.33-0.130.47-0.24-0.81-0.65-0.50.28-0.37-0.62-0.710.87-0.08-0.56-0.41-0.64
-0.14-0.19-0.13-0.070.23-0.190.13-0.150.11-0.18-0.130.090.15-0.21-0.140.250.12-0.03-0.15-0.140.230.08-0.18-0.17-0.16
0.710.970.960.09-0.79-0.19-0.890.97-0.090.740.28-0.07-0.070.940.460.48-0.380.160.940.98-0.420.320.920.80.95
-0.44-0.92-0.910.250.650.13-0.89-0.890.17-0.47-0.290.120.3-0.82-0.25-0.350.090.05-0.97-0.920.25-0.03-0.93-0.58-0.97
0.760.930.990.16-0.67-0.150.97-0.890.060.780.280.07-0.10.910.350.41-0.390.030.970.99-0.270.40.950.840.95
0.42-0.230.020.60.480.11-0.090.170.060.37-0.20.990.1-0.1-0.10.02-0.550.010.00.010.640.590.010.36-0.05
0.990.630.750.72-0.33-0.180.74-0.470.780.370.210.350.020.670.290.32-0.60.090.670.75-0.030.730.70.970.66
0.110.410.39-0.08-0.13-0.130.28-0.290.28-0.20.21-0.19-0.70.21-0.6-0.570.4-0.750.270.25-0.03-0.350.490.090.25
0.39-0.20.040.540.470.09-0.070.120.070.990.35-0.190.06-0.08-0.120.01-0.520.00.030.030.650.550.040.34-0.02
0.12-0.18-0.190.28-0.240.15-0.070.3-0.10.10.02-0.70.060.030.670.53-0.490.66-0.23-0.1-0.390.6-0.370.07-0.24
0.660.920.90.07-0.81-0.210.94-0.820.91-0.10.670.21-0.080.030.50.41-0.420.210.870.92-0.550.320.840.740.87
0.340.340.260.12-0.65-0.140.46-0.250.35-0.10.29-0.6-0.120.670.50.84-0.660.90.290.4-0.590.450.110.420.34
0.370.370.330.11-0.50.250.48-0.350.410.020.32-0.570.010.530.410.84-0.570.790.390.47-0.320.480.20.470.43
-0.64-0.2-0.3-0.580.280.12-0.380.09-0.39-0.55-0.60.4-0.52-0.49-0.42-0.66-0.57-0.66-0.25-0.390.15-0.71-0.18-0.64-0.25
0.150.03-0.060.13-0.37-0.030.160.050.030.010.09-0.750.00.660.210.90.79-0.66-0.010.1-0.420.36-0.20.190.05
0.650.930.970.0-0.62-0.150.94-0.970.970.00.670.270.03-0.230.870.290.39-0.25-0.010.98-0.190.260.970.760.99
0.730.950.990.1-0.71-0.140.98-0.920.990.010.750.250.03-0.10.920.40.47-0.390.10.98-0.310.360.950.820.97
-0.02-0.48-0.260.240.870.23-0.420.25-0.270.64-0.03-0.030.65-0.39-0.55-0.59-0.320.15-0.42-0.19-0.310.06-0.16-0.09-0.23
0.80.150.320.82-0.080.080.32-0.030.40.590.73-0.350.550.60.320.450.48-0.710.360.260.360.060.190.730.22
0.660.930.980.04-0.56-0.180.92-0.930.950.010.70.490.04-0.370.840.110.2-0.18-0.20.970.95-0.160.190.750.95
0.970.680.80.62-0.41-0.170.8-0.580.840.360.970.090.340.070.740.420.47-0.640.190.760.82-0.090.730.750.75
0.630.940.96-0.03-0.64-0.160.95-0.970.95-0.050.660.25-0.02-0.240.870.340.43-0.250.050.990.97-0.230.220.950.75
Click cells to compare fundamentals

Luokung Technology Account Relationship Matchups

Luokung Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets117.9M129.2M265.2M233.6M53.6M82.0M
Other Current Liab22.6M47.3M31.4M47.8M55.0M57.8M
Total Current Liabilities30.7M73.6M101.7M94.8M100.7M105.8M
Total Stockholder Equity54.4M52.6M146.1M114.1M(61.4M)(58.3M)
Property Plant And Equipment Net1.3M884.1K10.1M6.2M1.8M1.7M
Current Deferred Revenue2.1M657.5K1.6M2.1M1.9M1.9M
Net Debt31.3M43.5M42.9M53.0M53.1M55.8M
Retained Earnings(73.4M)(113.2M)(182.7M)(235.2M)(416.6M)(395.8M)
Accounts Payable4.3M5.8M9.2M8.1M8.2M8.6M
Cash3.7M71.8K16.4M1.3M84.0K79.8K
Non Current Assets Total76.9M117.1M207.5M188.8M46.5M57.5M
Non Currrent Assets Other(60.3M)61.4M4.2M13.9M15.9M16.7M
Cash And Short Term Investments3.7M71.8K16.4M1.3M1.1M1.1M
Net Receivables32.4M4.0M14.5M10.6M3.3M3.2M
Common Stock Total Equity1.02.0M2.1M2.4M2.8M2.9M
Common Stock Shares Outstanding6.7M924.9K1.4M1.8M2.0M1.3M
Liabilities And Stockholders Equity117.9M129.2M265.2M233.6M268.7M282.1M
Non Current Liabilities Total33.2M2.9M9.6M14.7M16.1M8.5M
Inventory(27.3B)(8.0B)(27.5B)(170.0K)(153.0K)(160.6K)
Other Current Assets27.3B8.0M26.8M36.2M41.6M39.6M
Other Stockholder Equity124.1M164.8M316.3M343.9M395.5M415.3M
Total Liab63.9M76.5M111.3M109.5M116.9M122.7M
Property Plant And Equipment Gross1.3M884.1K14.8M9.4M5.1M7.3M
Total Current Assets41.0M12.0M57.7M44.8M7.1M6.8M
Accumulated Other Comprehensive Income1.4M(1.5M)(1.6M)543.0K488.7K464.2K
Short Term Debt1.7M40.9M56.3M53.1M61.1M64.1M
Intangible Assets47.3M42.7M102.9M87.7M43.3M24.3M
Common Stock2.1M2.4M3.9M4.9M5.7M5.9M
Property Plant Equipment1.3M884.1K10.1M6.2M5.6M4.8M
Other Liab32.9M2.9M6.6M3.3M3.8M7.2M
Net Tangible Assets(4.8M)(2.3M)(38.8M)(53.8M)(48.5M)(46.0M)
Other Assets16.6M61.4M12.3M14.2M16.3M14.5M
Good Will11.7M12.0M81.8M80.3M377.7K358.8K
Short Long Term Debt1.3M40.6M54.9M51.4M53.2M29.0M
Short Long Term Debt Total34.9M43.6M59.4M54.3M62.4M37.2M
Net Invested Capital88.4M95.6M200.7M165.6M(8.2M)(7.8M)
Net Working Capital10.3M(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

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Moving against Luokung Stock

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  0.79SE SeaPairCorr
  0.79EVC Entravision CommunicationsPairCorr
  0.76WPP WPP PLC ADRPairCorr
  0.63DIS Walt Disney Sell-off TrendPairCorr
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 CorrelationCorrelation 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:
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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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.