LMFA Total Current Assets vs Net Tangible Assets Analysis
LMFA Stock | USD 3.04 0.05 1.62% |
LM Funding financial indicator trend analysis is infinitely more than just investigating LM Funding America recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LM Funding America is a good investment. Please check the relationship between LM Funding Total Current Assets and its Net Tangible Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LM Funding America. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
Total Current Assets vs Net Tangible Assets
Total Current Assets vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LM Funding America Total Current Assets account and Net Tangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between LM Funding's Total Current Assets and Net Tangible Assets is 0.5. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of LM Funding America, assuming nothing else is changed. The correlation between historical values of LM Funding's Total Current Assets and Net Tangible Assets 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 Current Assets of LM Funding America are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Total Current Assets i.e., LM Funding's Total Current Assets and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.5 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Most indicators from LM Funding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LM Funding America 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 LM Funding America. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. The current year's Enterprise Value is expected to grow to about 7.2 M, whereas Selling General Administrative is forecasted to decline to about 5.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 653.0 | 4.4K | 4.0K | 3.8K | Depreciation And Amortization | 10.2M | 23.0M | 5.0M | 4.4M |
LM Funding fundamental ratios Correlations
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LM Funding Account Relationship Matchups
High Positive Relationship
High Negative Relationship
LM Funding fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.6M | 12.3M | 62.1M | 53.2M | 37.7M | 21.9M | |
Short Long Term Debt Total | 4.4M | 453.7K | 182.7K | 746.0K | 763.7K | 725.6K | |
Other Current Liab | (525.1K) | (436.9K) | (857.8K) | 551.3K | 22.8K | 24.0K | |
Total Current Liabilities | 525.1K | 333.3K | 646.3K | 2.2M | 2.8M | 2.9M | |
Total Stockholder Equity | 2.8M | 11.5M | 60.8M | 49.2M | 36.2M | 38.0M | |
Property Plant And Equipment Net | 295.8K | 166.8K | 16.9M | 30.2M | 24.7M | 25.9M | |
Net Debt | 3.3M | (11.1M) | (32.4M) | (3.5M) | (1.7M) | (1.7M) | |
Accounts Payable | 354.9K | 237.0K | 463.6K | 1.6M | 2.1M | 2.2M | |
Cash | 1.1M | 11.6M | 32.6M | 4.2M | 2.4M | 2.3M | |
Non Current Assets Total | 5.8M | 166.8K | 26.2M | 27.5M | 26.0M | 27.3M | |
Non Currrent Assets Other | (7.6M) | (12.3M) | (26.2M) | (15.2M) | (26.0M) | (24.7M) | |
Other Assets | 582.7K | 597.6K | (761.2K) | 21.5M | 5.8M | 3.7M | |
Long Term Debt | 39.0K | 42.9K | 4.0M | 185.8K | 167.2K | 158.8K | |
Cash And Short Term Investments | 1.1M | 11.6M | 34.7M | 4.2M | 5.8M | 7.7M | |
Net Receivables | 152.8K | 168.8K | 2M | 4.1M | 1.7M | 1.6M | |
Common Stock Shares Outstanding | 104.5K | 270.5K | 1.3M | 2.2M | 2.3M | 2.4M | |
Liabilities And Stockholders Equity | 7.6M | 12.3M | 62.1M | 53.2M | 37.7M | 21.9M | |
Non Current Liabilities Total | 4.2M | 357.4K | 911.0K | 179.4K | 85.8K | 81.5K | |
Other Current Assets | (1.4M) | 399.1K | 1.2M | 1.2M | (7.5M) | (7.2M) | |
Other Stockholder Equity | 17.3M | 30.0M | 74.5M | 92.2M | 95.1M | 99.9M | |
Total Liab | 4.8M | 849.1K | 646.3K | 2.4M | 2.9M | 3.2M | |
Property Plant And Equipment Gross | 295.8K | 6.2K | 16.9M | 30.8M | 30.2M | 31.8M | |
Total Current Assets | 1.2M | 11.6M | 36.7M | 4.2M | 5.8M | 8.6M | |
Property Plant Equipment | 11.9K | 295.8K | 166.8K | 77.9K | 89.6K | 108.7K | |
Net Tangible Assets | 5.8M | (1.2M) | 11.5M | 60.8M | 69.9M | 73.4M | |
Short Long Term Debt | 170.2K | 96.3K | 114.7K | 475.8K | 567.6K | 539.2K | |
Short Term Debt | 170.2K | 199.9K | 68.0K | 90.8K | 678.0K | 694.5K | |
Common Stock | 3.1K | 15.4K | 13.0K | 13.1K | 2.5K | 2.6K | |
Retained Earnings | (14.5M) | (18.5M) | (13.8M) | (43.0M) | (59.0M) | (56.0M) | |
Common Stock Total Equity | 6.3K | 3.1K | 3.1K | 15.4K | 17.7K | 18.6K | |
Capital Lease Obligations | 265.9K | 267.9K | 68.0K | 270.2K | 196.2K | 130.6K |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether LM Funding America offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LM Funding'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 Lm Funding America Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lm Funding America Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LM Funding America. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Specialized Finance 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 LM Funding. If investors know LMFA 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 LM Funding 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 (0.89) | Earnings Share (39.72) | Revenue Per Share 6.252 | Quarterly Revenue Growth (0.07) | Return On Assets (0.28) |
The market value of LM Funding America is measured differently than its book value, which is the value of LMFA that is recorded on the company's balance sheet. Investors also form their own opinion of LM Funding's value that differs from its market value or its book value, called intrinsic value, which is LM Funding'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 LM Funding's market value can be influenced by many factors that don't directly affect LM Funding'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 LM Funding's value and its price as these two are different measures arrived at by different means. Investors typically determine if LM Funding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LM Funding'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.