Light Other Operating Expenses vs Depreciation And Amortization Analysis

LNW Stock  USD 98.45  2.03  2.11%   
Light Wonder financial indicator trend analysis is infinitely more than just investigating Light Wonder recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Light Wonder is a good investment. Please check the relationship between Light Wonder Other Operating Expenses and its Depreciation And Amortization accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Light Wonder. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Light Stock please use our How to Invest in Light Wonder guide.

Other Operating Expenses vs Depreciation And Amortization

Other Operating Expenses vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Light Wonder Other Operating Expenses account and Depreciation And Amortization. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Light Wonder's Other Operating Expenses and Depreciation And Amortization is 0.85. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Light Wonder, assuming nothing else is changed. The correlation between historical values of Light Wonder's Other Operating Expenses and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Light Wonder are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Other Operating Expenses i.e., Light Wonder's Other Operating Expenses and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Light Wonder. It is also known as Light Wonder overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Light Wonder's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Light Wonder 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 Light Wonder. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Light Stock please use our How to Invest in Light Wonder guide.At this time, Light Wonder's Tax Provision is fairly stable compared to the past year. Discontinued Operations is likely to climb to about 4.7 B in 2024, whereas Enterprise Value Over EBITDA is likely to drop 10.14 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense478M327M324M177.0M
Depreciation And Amortization398M420M384M212.9M

Light Wonder fundamental ratios Correlations

0.950.80.82-0.610.630.94-0.640.370.990.280.370.810.610.960.820.230.620.960.80.820.90.60.470.590.53
0.950.80.82-0.830.551.0-0.830.340.940.30.340.770.521.00.770.240.651.00.770.790.880.580.370.50.69
0.80.80.96-0.570.260.77-0.620.610.750.580.610.610.590.80.560.430.710.810.880.940.570.710.550.560.35
0.820.820.96-0.540.310.8-0.570.570.780.420.570.780.640.820.70.330.680.830.920.950.620.870.650.670.4
-0.61-0.83-0.57-0.54-0.27-0.830.98-0.18-0.6-0.3-0.18-0.45-0.24-0.81-0.42-0.23-0.56-0.81-0.48-0.46-0.6-0.3-0.03-0.18-0.79
0.630.550.260.31-0.270.59-0.28-0.190.69-0.11-0.190.660.440.570.730.20.230.560.270.40.760.250.430.470.3
0.941.00.770.8-0.830.59-0.830.260.940.290.260.780.51.00.780.210.620.990.720.770.90.580.360.480.68
-0.64-0.83-0.62-0.570.98-0.28-0.83-0.25-0.61-0.39-0.25-0.42-0.34-0.82-0.39-0.35-0.69-0.82-0.53-0.49-0.56-0.28-0.09-0.22-0.78
0.370.340.610.57-0.18-0.190.26-0.250.250.191.00.190.380.330.210.30.530.350.80.510.080.340.310.330.32
0.990.940.750.78-0.60.690.94-0.610.250.260.250.810.570.950.830.170.550.950.720.790.930.580.450.570.5
0.280.30.580.42-0.3-0.110.29-0.390.190.260.19-0.050.250.3-0.20.490.550.310.270.370.00.150.090.08-0.14
0.370.340.610.57-0.18-0.190.26-0.251.00.250.190.190.380.330.210.30.530.350.80.510.080.340.310.330.32
0.810.770.610.78-0.450.660.78-0.420.190.81-0.050.190.540.780.940.060.390.780.690.720.820.830.620.680.45
0.610.520.590.64-0.240.440.5-0.340.380.570.250.380.540.520.50.370.720.540.610.650.360.540.870.930.15
0.961.00.80.82-0.810.571.0-0.820.330.950.30.330.780.520.780.230.641.00.770.790.890.580.370.50.68
0.820.770.560.7-0.420.730.78-0.390.210.83-0.20.210.940.50.78-0.070.320.780.670.720.890.70.580.630.49
0.230.240.430.33-0.230.20.21-0.350.30.170.490.30.060.370.23-0.070.570.250.360.29-0.030.120.250.240.22
0.620.650.710.68-0.560.230.62-0.690.530.550.550.530.390.720.640.320.570.650.70.640.320.40.490.50.47
0.961.00.810.83-0.810.560.99-0.820.350.950.310.350.780.541.00.780.250.650.780.80.880.590.380.510.67
0.80.770.880.92-0.480.270.72-0.530.80.720.270.80.690.610.770.670.360.70.780.860.570.720.570.610.52
0.820.790.940.95-0.460.40.77-0.490.510.790.370.510.720.650.790.720.290.640.80.860.650.790.690.670.32
0.90.880.570.62-0.60.760.9-0.560.080.930.00.080.820.360.890.89-0.030.320.880.570.650.490.30.410.54
0.60.580.710.87-0.30.250.58-0.280.340.580.150.340.830.540.580.70.120.40.590.720.790.490.720.710.22
0.470.370.550.65-0.030.430.36-0.090.310.450.090.310.620.870.370.580.250.490.380.570.690.30.720.94-0.02
0.590.50.560.67-0.180.470.48-0.220.330.570.080.330.680.930.50.630.240.50.510.610.670.410.710.940.12
0.530.690.350.4-0.790.30.68-0.780.320.5-0.140.320.450.150.680.490.220.470.670.520.320.540.22-0.020.12
Click cells to compare fundamentals

Light Wonder Account Relationship Matchups

Light Wonder fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.8B8.0B7.9B6.0B5.6B2.9B
Short Long Term Debt Total8.8B9.4B8.7B3.9B3.9B2.6B
Other Current Liab366M561M675M331M360M378M
Total Current Liabilities766M833M974M622M696M730.8M
Total Stockholder Equity(2.1B)(2.5B)(2.1B)1.2B765M803.3M
Property Plant And Equipment Net605M509M264M253M288M333.0M
Net Debt8.5B8.4B8.1B3.0B3.5B2.5B
Retained Earnings(3.0B)(3.5B)(3.2B)517M680M714M
Cash313M1.0B585M914M425M446.3M
Non Current Assets Total6.2B5.8B6.2B4.3B4.2B2.3B
Non Currrent Assets Other209M194M1.6B37M40M38M
Cash And Short Term Investments313M1.0B585M914M425M446.3M
Net Receivables755M438M423M455M530M556.5M
Common Stock Shares Outstanding89M91M93M95M98M67.3M
Liabilities And Stockholders Equity7.8B8.0B7.9B6.0B5.6B2.9B
Non Current Liabilities Total9.2B9.7B9.0B4.2B4.1B2.8B
Inventory244M191M98M161M177M185.9M
Other Current Assets303M696M626M164M179M135.8M
Other Stockholder Equity1.1B1.1B1.2B790M367M433.8M
Total Liab9.9B10.5B10.0B4.8B4.8B3.1B
Total Current Assets1.6B2.2B1.7B1.7B1.3B1.4B
Intangible Assets1.8B1.5B1.1B942M763M612.2M
Accounts Payable226M150M204M154M241M253.1M
Accumulated Other Comprehensive Income(292M)(218M)(261M)(318M)(283M)(268.9M)
Current Deferred Revenue129M151M31M32M25M23.8M
Good Will3.3B3.3B2.9B2.9B2.9B1.9B
Other Liab367M352M326M319M287.1M289.0M
Net Tangible Assets(7.3B)(6.6B)(6.2B)(2.1B)(2.4B)(2.5B)
Other Assets221M1.5B1.9B171M196.7M186.8M
Long Term Debt8.7B9.3B8.6B3.9B3.9B5.8B
Net Invested Capital6.5B6.7B6.4B4.9B4.6B4.8B
Non Current Liabilities Other292M260M170M269M180M200.7M
Net Working Capital849M1.3B758M1.1B615M964.9M
Property Plant Equipment605M294M264M204M183.6M306.2M

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