Light Research Development vs Minority Interest Analysis

LNW Stock  USD 94.41  1.93  2.09%   
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 Research Development and its Minority Interest 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.

Research Development vs Minority Interest

Research Development vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Light Wonder Research Development account and Minority Interest. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Light Wonder's Research Development and Minority Interest is -0.47. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Minority Interest 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 Research Development and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Light Wonder are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Research Development i.e., Light Wonder's Research Development and Minority Interest go up and down completely randomly.

Correlation Coefficient

-0.47
Relationship DirectionNegative 
Relationship StrengthVery Weak

Research Development

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Light Wonder whose combined shares represent less than 50% of the total outstanding shares issued by Light Wonder have a minority interest in Light Wonder.
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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