LightPath Inventory vs Retained Earnings Analysis

LPTH Stock

USD 1.66 0.01 0.61%

LightPath Technologies financial indicator trend analysis is infinitely more than just investigating LightPath Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LightPath Technologies is a good investment. Please check the relationship between LightPath Technologies Inventory and its Retained Earnings accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LightPath Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For more detail on how to invest in LightPath Stock please use our How to Invest in LightPath Technologies guide.

Inventory vs Retained Earnings

Inventory vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LightPath Technologies Inventory account and Retained Earnings. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between LightPath Technologies' Inventory and Retained Earnings is -0.44. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of LightPath Technologies, assuming nothing else is changed. The correlation between historical values of LightPath Technologies' Inventory and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of LightPath Technologies are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Inventory i.e., LightPath Technologies' Inventory and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.44

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Inventory

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from LightPath Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LightPath Technologies 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 LightPath Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For more detail on how to invest in LightPath Stock please use our How to Invest in LightPath Technologies guide.As of now, LightPath Technologies' Tax Provision is increasing as compared to previous years. The LightPath Technologies' current Enterprise Value is estimated to increase to about 59.4 M, while Selling General Administrative is projected to decrease to under 8.2 M.

	2021	2022	2023	2024 (projected)
Interest Expense	229.5K	283.3K	191.9K	182.3K
Depreciation And Amortization	3.6M	3.2M	4.0M	2.1M

Interest Expense Depreciation And Amortization

LightPath Technologies fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Non Currrent Assets Other	Net Receivables	Common Stock Total Equity	Common Stock	Property Plant Equipment	Short Long Term Debt Total
Total Assets		0.75	0.9	0.99	0.83	0.74	-0.35	0.74	0.76	0.94	0.76	0.77	0.86	0.93	0.61	0.56	0.9	0.61	0.97	0.81	0.44	0.89	0.84	0.72	0.75	0.9
Other Current Liab	0.75		0.89	0.75	0.75	0.6	-0.42	0.79	0.64	0.84	0.64	0.82	0.75	0.7	0.11	0.48	0.82	0.75	0.73	0.69	0.36	0.65	0.84	0.72	0.73	0.74
Total Current Liabilities	0.9	0.89		0.88	0.95	0.85	-0.48	0.94	0.66	0.97	0.66	0.93	0.89	0.85	0.47	0.57	0.96	0.84	0.87	0.65	0.3	0.75	0.93	0.86	0.9	0.91
Total Stockholder Equity	0.99	0.75	0.88		0.8	0.67	-0.32	0.72	0.75	0.93	0.75	0.78	0.8	0.93	0.61	0.53	0.85	0.58	0.98	0.85	0.53	0.9	0.85	0.74	0.72	0.85
Property Plant And Equipment Net	0.83	0.75	0.95	0.8		0.94	-0.41	0.94	0.58	0.94	0.58	0.9	0.92	0.73	0.59	0.48	0.95	0.9	0.76	0.48	0.14	0.62	0.91	0.91	0.98	0.93
Net Debt	0.74	0.6	0.85	0.67	0.94		-0.44	0.86	0.54	0.85	0.54	0.8	0.92	0.61	0.55	0.49	0.92	0.83	0.66	0.38	-0.02	0.52	0.78	0.79	0.9	0.92
Retained Earnings	-0.35	-0.42	-0.48	-0.32	-0.41	-0.44		-0.57	0.06	-0.38	0.06	-0.61	-0.38	-0.44	-0.24	-0.95	-0.43	-0.39	-0.38	-0.18	-0.37	-0.53	-0.21	-0.25	-0.26	-0.32
Accounts Payable	0.74	0.79	0.94	0.72	0.94	0.86	-0.57		0.39	0.87	0.39	0.93	0.8	0.74	0.41	0.6	0.87	0.89	0.69	0.41	0.19	0.6	0.84	0.83	0.9	0.81
Cash	0.76	0.64	0.66	0.75	0.58	0.54	0.06	0.39		0.75	1.0	0.44	0.75	0.58	0.34	0.1	0.74	0.38	0.78	0.84	0.25	0.57	0.7	0.53	0.56	0.79
Non Current Assets Total	0.94	0.84	0.97	0.93	0.94	0.85	-0.38	0.87	0.75		0.75	0.9	0.93	0.82	0.54	0.5	0.97	0.82	0.9	0.74	0.37	0.76	0.96	0.88	0.9	0.95
Cash And Short Term Investments	0.76	0.64	0.66	0.75	0.58	0.54	0.06	0.39	1.0	0.75		0.44	0.75	0.58	0.34	0.1	0.74	0.38	0.78	0.84	0.25	0.57	0.7	0.53	0.56	0.79
Common Stock Shares Outstanding	0.77	0.82	0.93	0.78	0.9	0.8	-0.61	0.93	0.44	0.9	0.44		0.78	0.72	0.49	0.64	0.86	0.9	0.75	0.52	0.37	0.7	0.89	0.9	0.87	0.78
Non Current Liabilities Total	0.86	0.75	0.89	0.8	0.92	0.92	-0.38	0.8	0.75	0.93	0.75	0.78		0.7	0.53	0.48	0.99	0.77	0.8	0.63	0.15	0.66	0.84	0.78	0.87	0.99
Inventory	0.93	0.7	0.85	0.93	0.73	0.61	-0.44	0.74	0.58	0.82	0.58	0.72	0.7		0.54	0.65	0.77	0.48	0.93	0.7	0.45	0.91	0.7	0.58	0.62	0.75
Other Current Assets	0.61	0.11	0.47	0.61	0.59	0.55	-0.24	0.41	0.34	0.54	0.34	0.49	0.53	0.54		0.38	0.52	0.34	0.64	0.28	0.22	0.62	0.45	0.55	0.51	0.56
Other Stockholder Equity	0.56	0.48	0.57	0.53	0.48	0.49	-0.95	0.6	0.1	0.5	0.1	0.64	0.48	0.65	0.38		0.53	0.37	0.58	0.37	0.48	0.73	0.3	0.3	0.31	0.44
Total Liab	0.9	0.82	0.96	0.85	0.95	0.92	-0.43	0.87	0.74	0.97	0.74	0.86	0.99	0.77	0.52	0.53		0.82	0.84	0.65	0.21	0.71	0.89	0.83	0.91	0.98
Property Plant And Equipment Gross	0.61	0.75	0.84	0.58	0.9	0.83	-0.39	0.89	0.38	0.82	0.38	0.9	0.77	0.48	0.34	0.37	0.82		0.52	0.3	0.05	0.39	0.87	0.93	0.94	0.76
Total Current Assets	0.97	0.73	0.87	0.98	0.76	0.66	-0.38	0.69	0.78	0.9	0.78	0.75	0.8	0.93	0.64	0.58	0.84	0.52		0.84	0.51	0.93	0.79	0.67	0.67	0.84
Intangible Assets	0.81	0.69	0.65	0.85	0.48	0.38	-0.18	0.41	0.84	0.74	0.84	0.52	0.63	0.7	0.28	0.37	0.65	0.3	0.84		0.66	0.77	0.66	0.47	0.41	0.66
Non Currrent Assets Other	0.44	0.36	0.3	0.53	0.14	-0.02	-0.37	0.19	0.25	0.37	0.25	0.37	0.15	0.45	0.22	0.48	0.21	0.05	0.51	0.66		0.6	0.29	0.17	0.04	0.16
Net Receivables	0.89	0.65	0.75	0.9	0.62	0.52	-0.53	0.6	0.57	0.76	0.57	0.7	0.66	0.91	0.62	0.73	0.71	0.39	0.93	0.77	0.6		0.63	0.54	0.49	0.68
Common Stock Total Equity	0.84	0.84	0.93	0.85	0.91	0.78	-0.21	0.84	0.7	0.96	0.7	0.89	0.84	0.7	0.45	0.3	0.89	0.87	0.79	0.66	0.29	0.63		0.95	0.93	0.87
Common Stock	0.72	0.72	0.86	0.74	0.91	0.79	-0.25	0.83	0.53	0.88	0.53	0.9	0.78	0.58	0.55	0.3	0.83	0.93	0.67	0.47	0.17	0.54	0.95		0.95	0.8
Property Plant Equipment	0.75	0.73	0.9	0.72	0.98	0.9	-0.26	0.9	0.56	0.9	0.56	0.87	0.87	0.62	0.51	0.31	0.91	0.94	0.67	0.41	0.04	0.49	0.93	0.95		0.89
Short Long Term Debt Total	0.9	0.74	0.91	0.85	0.93	0.92	-0.32	0.81	0.79	0.95	0.79	0.78	0.99	0.75	0.56	0.44	0.98	0.76	0.84	0.66	0.16	0.68	0.87	0.8	0.89

Click cells to compare fundamentals

LightPath Technologies Account Relationship Matchups

LightPath Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	47.6M	54.6M	50.7M	53.5M	48.1M	28.9M
Other Current Liab	2.8M	2.9M	2.6M	1.1M	3.4M	3.5M
Total Current Liabilities	7.4M	8.4M	7.7M	6.8M	8.0M	8.4M
Total Stockholder Equity	34.6M	33.6M	29.7M	36.0M	30.2M	21.6M
Property Plant And Equipment Net	13.0M	22.3M	22.1M	22.4M	22.0M	23.0M
Net Debt	2.2M	7.5M	9.2M	7.7M	6.9M	7.2M
Retained Earnings	(197.1M)	(200.2M)	(203.8M)	(207.8M)	(215.8M)	(226.6M)
Accounts Payable	2.6M	2.9M	3.1M	2.6M	3.2M	3.4M
Cash	5.4M	6.8M	5.5M	4.7M	3.5M	5.0M
Non Current Assets Total	26.3M	33.9M	32.5M	31.8M	32.5M	34.2M
Cash And Short Term Investments	5.4M	6.8M	5.5M	4.7M	3.5M	5.0M
Common Stock Shares Outstanding	27.5M	26.3M	27.0M	31.6M	37.9M	39.8M
Liabilities And Stockholders Equity	47.6M	54.6M	50.7M	53.5M	48.1M	28.9M
Non Current Liabilities Total	5.6M	12.6M	13.2M	10.8M	9.9M	10.3M
Inventory	9.0M	8.7M	7.0M	7.4M	6.6M	3.6M
Other Current Assets	565.2K	950.7K	929.6K	3.0M	577.1K	594.3K
Other Stockholder Equity	230.6M	231.4M	232.3M	242.8M	245.1M	202.5M
Total Liab	13.0M	21.0M	21.0M	17.6M	17.9M	18.8M
Property Plant And Equipment Gross	13.0M	22.3M	22.1M	22.4M	40.3M	42.3M
Total Current Assets	21.3M	20.7M	18.2M	21.8M	15.5M	14.2M
Accumulated Other Comprehensive Income	735.9K	2.1M	935.1K	606.5K	509.9K	535.4K
Intangible Assets	6.7M	5.6M	4.5M	3.3M	3.7M	3.4M
Non Currrent Assets Other	381.9K	289.5K	75.7K	65.9K	59.6K	56.6K
Net Receivables	6.3M	4.8M	5.2M	6.6M	4.9M	3.2M
Common Stock Total Equity	257.6K	258.1K	258.9K	269.9K	310.3K	325.9K
Common Stock	258.9K	269.9K	270.5K	373.4K	392.5K	412.2K
Property Plant Equipment	13.0M	22.3M	22.1M	22.4M	25.7M	27.0M
Short Long Term Debt Total	7.6M	14.2M	14.7M	12.4M	10.4M	10.9M
Short Term Debt	2.0M	2.7M	2.0M	3.2M	1.4M	951.0K
Other Assets	734.7K	174.7K	170.7K	205.9K	185.3K	310.5K
Long Term Debt	4.4M	4.1M	3.2M	1.6M	325.9K	309.6K
Other Liab	290.8K	518.4K	541.0K	465K	418.5K	650.5K
Net Tangible Assets	22.0M	22.1M	19.4M	26.8M	30.8M	16.5M
Retained Earnings Total Equity	(195.2M)	(197.9M)	(197.1M)	(200.2M)	(230.3M)	(241.8M)
Long Term Debt Total	5.1M	5.0M	4.4M	4.1M	4.7M	3.6M
Capital Surpluse	229.9M	230.3M	230.6M	231.4M	266.2M	242.6M
Capital Lease Obligations	2.2M	9.5M	10.5M	9.8M	9.8M	10.3M
Short Long Term Debt	981.4K	634.8K	998.7K	1.0M	209.2K	198.7K

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When determining whether LightPath Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LightPath Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lightpath Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lightpath Technologies Stock:

How To Invest In LightPath

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Is LightPath Stock a good investment?

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What is LightPath Technologies' Net Worth?

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LightPath Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For more detail on how to invest in LightPath Stock please use our How to Invest in LightPath Technologies guide.

You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of LightPath Technologies. If investors know LightPath will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about LightPath Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

49.113

Earnings Share

(0.21)

Revenue Per Share

0.833

Quarterly Revenue Growth

0.04

Return On Assets

(0.09)

The market value of LightPath Technologies is measured differently than its book value, which is the value of LightPath that is recorded on the company's balance sheet. Investors also form their own opinion of LightPath Technologies' value that differs from its market value or its book value, called intrinsic value, which is LightPath Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because LightPath Technologies' market value can be influenced by many factors that don't directly affect LightPath Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between LightPath Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if LightPath Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LightPath Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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LightPath Inventory vs Retained Earnings Analysis

Inventory vs Retained Earnings

Inventory vs Retained Earnings Correlation Analysis

Correlation Coefficient

Inventory

Retained Earnings

LightPath Technologies fundamental ratios Correlations

LightPath Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

LightPath Technologies fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.99	Total Assets
Total Liab	+ 0.99	Non Current Liabilities Total
Short Long Term Debt Total	+ 0.99	Non Current Liabilities Total
Total Current Assets	+ 0.98	Total Stockholder Equity
Property Plant Equipment	+ 0.98	Property Plant And Equipment Net

Other Stockholder Equity	- 0.95	Retained Earnings
Common Stock Shares Outstanding	- 0.61	Retained Earnings
Accounts Payable	- 0.57	Retained Earnings
Net Receivables	- 0.53	Retained Earnings
Retained Earnings	- 0.48	Total Current Liabilities
Inventory	- 0.44	Retained Earnings