LORD Stock | | | 36.20 0.30 0.82% |
Lords Grp financial indicator trend analysis is infinitely more than just investigating Lords Grp Trading recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lords Grp Trading is a good investment. Please check the relationship between Lords Grp Other Liab and its Capital Lease Obligations accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lords Grp Trading. 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.
Other Liab vs Capital Lease Obligations
Other Liab vs Capital Lease Obligations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lords Grp Trading Other Liab account and
Capital Lease Obligations. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Lords Grp's Other Liab and Capital Lease Obligations is 0.94. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of Lords Grp Trading, assuming nothing else is changed. The correlation between historical values of Lords Grp's Other Liab and Capital Lease Obligations 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 Liab of Lords Grp Trading are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Other Liab i.e., Lords Grp's Other Liab and Capital Lease Obligations go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Other Liab
Capital Lease Obligations
Lords Grp Trading capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Lords Grp asset purchases. For example, Lords Grp can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Lords Grp control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
Most indicators from Lords Grp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lords Grp Trading 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 Lords Grp Trading. 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.
Tax Provision is likely to gain to about 1.5
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 42.3
M in 2024.
Lords Grp fundamental ratios Correlations
Click cells to compare fundamentals
Lords Grp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lords Grp fundamental ratios Accounts
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Additional Tools for Lords Stock Analysis
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measure Lords Grp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lords Grp is operating at the current time. Most of Lords Grp's value examination focuses on studying past and present price action to
predict the probability of Lords Grp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lords Grp's price. Additionally, you may evaluate how the addition of Lords Grp to your portfolios can decrease your overall portfolio volatility.