Lotus Total Current Assets vs Total Current Liabilities Analysis
LOT Stock | 4.00 0.19 4.53% |
Lotus Technology financial indicator trend analysis is infinitely more than just investigating Lotus Technology American recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lotus Technology American is a good investment. Please check the relationship between Lotus Technology Total Current Assets and its Total Current Liabilities accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lotus Technology American. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Total Current Assets vs Total Current Liabilities
Total Current Assets vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lotus Technology American Total Current Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Lotus Technology's Total Current Assets and Total Current Liabilities is 0.97. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Lotus Technology American, assuming nothing else is changed. The correlation between historical values of Lotus Technology's Total Current Assets 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 Total Current Assets of Lotus Technology American 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 Total Current Assets i.e., Lotus Technology's Total Current Assets and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
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.Total Current Liabilities
Total Current Liabilities is an item on Lotus Technology balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Lotus Technology American 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 Lotus Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lotus Technology American 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 Lotus Technology American. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. Tax Provision is likely to drop to about 868.8 K in 2024. Selling General Administrative is likely to drop to about 127.5 M in 2024
2010 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 2.1M | 28.2M | 55.0M | 31.3M | Interest Income | 6.2M | 12.2M | 9.2M | 10.1M |
Lotus Technology fundamental ratios Correlations
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Lotus Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for Lotus Stock Analysis
When running Lotus Technology's price analysis, check to measure Lotus Technology'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 Lotus Technology is operating at the current time. Most of Lotus Technology's value examination focuses on studying past and present price action to predict the probability of Lotus Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lotus Technology's price. Additionally, you may evaluate how the addition of Lotus Technology to your portfolios can decrease your overall portfolio volatility.