Lords Short Term Investments vs Total Current Liabilities Analysis

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 Short Term Investments and its Total Current Liabilities 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.

Short Term Investments vs Total Current Liabilities

Short Term Investments vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lords Grp Trading Short Term Investments account and Total Current Liabilities. At this time, the significance of the direction appears to have pay attention.
The correlation between Lords Grp's Short Term Investments and Total Current Liabilities is -0.85. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Total Current Liabilities 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 Short Term Investments and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Lords Grp Trading are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Short Term Investments i.e., Lords Grp's Short Term Investments and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.85
Relationship DirectionNegative 
Relationship StrengthSignificant

Short Term Investments

Short Term Investments is an item under the current assets section of Lords Grp balance sheet. It contains any investments Lords Grp Trading undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Lords Grp Trading can easily liquidate in the marketplace.

Total Current Liabilities

Total Current Liabilities is an item on Lords Grp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Lords Grp Trading are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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.
 2021 2022 2023 2024 (projected)
Interest Expense2.7M3.4M6.1M3.3M
Depreciation And Amortization9.4M12.3M13.8M9.0M

Lords Grp fundamental ratios Correlations

0.90.160.990.890.950.660.98-0.750.830.540.970.950.990.640.830.950.980.950.74-0.890.960.990.96-0.710.89
0.90.230.90.60.840.390.95-0.620.990.490.840.860.940.680.790.860.840.910.72-0.680.980.910.81-0.350.63
0.160.230.060.140.230.180.2-0.610.160.79-0.080.410.260.160.130.41-0.010.420.36-0.320.280.2-0.09-0.110.04
0.990.90.060.850.920.620.97-0.680.850.480.990.90.970.60.810.90.990.910.72-0.850.940.970.98-0.660.86
0.890.60.140.850.870.780.8-0.760.480.510.870.880.830.510.710.880.90.820.64-0.920.750.860.86-0.960.97
0.950.840.230.920.870.620.93-0.830.760.540.90.920.940.790.920.920.920.920.9-0.90.910.940.88-0.730.92
0.660.390.180.620.780.620.61-0.790.270.690.640.710.60.310.30.710.690.560.35-0.890.510.690.64-0.780.74
0.980.950.20.970.80.930.61-0.740.90.540.930.950.990.710.830.950.950.950.74-0.850.990.990.9-0.610.82
-0.75-0.62-0.61-0.68-0.76-0.83-0.79-0.74-0.5-0.88-0.62-0.88-0.77-0.63-0.62-0.88-0.67-0.8-0.760.92-0.72-0.79-0.60.7-0.75
0.830.990.160.850.480.760.270.9-0.50.380.780.760.880.640.750.760.770.830.67-0.560.930.840.76-0.210.52
0.540.490.790.480.510.540.690.54-0.880.380.370.710.580.260.270.710.440.650.5-0.750.550.570.38-0.440.42
0.970.84-0.080.990.870.90.640.93-0.620.780.370.860.930.580.790.861.00.850.66-0.840.890.950.99-0.710.89
0.950.860.410.90.880.920.710.95-0.880.760.710.860.970.660.771.00.890.980.74-0.920.940.970.83-0.730.85
0.990.940.260.970.830.940.60.99-0.770.880.580.930.970.680.840.970.940.980.77-0.860.990.990.91-0.640.83
0.640.680.160.60.510.790.310.71-0.630.640.260.580.660.680.880.660.60.660.82-0.570.710.690.51-0.410.65
0.830.790.130.810.710.920.30.83-0.620.750.270.790.770.840.880.770.790.830.91-0.670.840.820.76-0.570.81
0.950.860.410.90.880.920.710.95-0.880.760.710.861.00.970.660.770.890.980.74-0.920.940.970.83-0.730.85
0.980.84-0.010.990.90.920.690.95-0.670.770.441.00.890.940.60.790.890.880.68-0.870.90.970.99-0.740.91
0.950.910.420.910.820.920.560.95-0.80.830.650.850.980.980.660.830.980.880.78-0.840.970.950.82-0.640.8
0.740.720.360.720.640.90.350.74-0.760.670.50.660.740.770.820.910.740.680.78-0.720.760.740.65-0.510.73
-0.89-0.68-0.32-0.85-0.92-0.9-0.89-0.850.92-0.56-0.75-0.84-0.92-0.86-0.57-0.67-0.92-0.87-0.84-0.72-0.79-0.9-0.830.84-0.91
0.960.980.280.940.750.910.510.99-0.720.930.550.890.940.990.710.840.940.90.970.76-0.790.970.85-0.530.76
0.990.910.20.970.860.940.690.99-0.790.840.570.950.970.990.690.820.970.970.950.74-0.90.970.92-0.690.87
0.960.81-0.090.980.860.880.640.9-0.60.760.380.990.830.910.510.760.830.990.820.65-0.830.850.92-0.70.88
-0.71-0.35-0.11-0.66-0.96-0.73-0.78-0.610.7-0.21-0.44-0.71-0.73-0.64-0.41-0.57-0.73-0.74-0.64-0.510.84-0.53-0.69-0.7-0.92
0.890.630.040.860.970.920.740.82-0.750.520.420.890.850.830.650.810.850.910.80.73-0.910.760.870.88-0.92
Click cells to compare fundamentals

Lords Grp Account Relationship Matchups

Lords Grp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets149.4M147.1M172.3M239.9M264.5M192.1M
Short Long Term Debt Total70.2M27.6M41.5M78.0M99.5M63.7M
Other Current Liab(1.4M)(2.4M)10.8M22.5M16.3M10.6M
Total Current Liabilities85.4M70.9M80.4M112.6M116.2M91.7M
Total Stockholder Equity11.2M45.9M46.4M50.9M49.5M40.0M
Other Liab4.1M5.9M7.5M13.0M15.0M15.7M
Net Tangible Assets(5.6M)(539.9K)23.7M5.5M6.4M4.0M
Property Plant And Equipment Net40.9M31.5M41.3M52.6M67.6M47.2M
Net Debt66.8M22.9M30.1M61.9M79.7M53.1M
Retained Earnings1.2M(6.4M)27.2M31.2M19.4M15.1M
Accounts Payable58.9M59.2M58.0M72.5M82.6M63.0M
Cash3.4M4.8M11.4M16.0M19.8M10.6M
Non Current Assets Total61.2M49.8M64.4M98.3M114.2M77.3M
Non Currrent Assets Other269K82K388K364K27.8M29.2M
Long Term Debt11.0M18.5M2.1M25.1M38.2M40.2M
Cash And Short Term Investments3.4M4.8M11.4M16.0M19.8M10.6M
Net Receivables44.5M47.0M50.9M60.7M68.1M52.5M
Liabilities And Stockholders Equity149.4M147.1M172.3M239.9M264.5M192.1M
Non Current Liabilities Total49.6M30.3M41.2M75.1M97.0M58.1M
Capital Lease Obligations30.7M27.6M36.6M42.5M51.8M38.3M
Inventory40.7M40.0M38.8M53.2M49.3M41.7M
Other Current Assets44.2M5.7M6.8M11.7M13.1M15.2M
Total Liab135M101.2M121.6M187.7M213.3M149.8M
Net Invested Capital44.6M48.5M51.3M86.3M97.3M64.7M
Short Long Term Debt21.8M20.7M2.8M10.3M9.5M9.5M
Total Current Assets88.3M97.4M107.9M141.6M150.3M114.8M
Net Working Capital2.8M26.5M27.6M29.0M34.0M23.1M
Short Term Debt26.1M24.9M7.9M15.8M17.3M13.4M
Intangible Assets14.8M13.0M15.2M29.0M27.8M19.6M
Property Plant Equipment7.3M6.1M41.3M52.6M60.5M63.5M

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