LightPath Sale Purchase Of Stock vs Depreciation Analysis

LPTH Stock  USD 3.23  0.04  1.22%   
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 Sale Purchase Of Stock and its Depreciation 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.

Sale Purchase Of Stock vs Depreciation

Sale Purchase Of Stock vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LightPath Technologies Sale Purchase Of Stock account and Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between LightPath Technologies' Sale Purchase Of Stock and Depreciation is -0.11. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of Depreciation 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' Sale Purchase Of Stock and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Sale Purchase Of Stock of LightPath Technologies are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Sale Purchase Of Stock i.e., LightPath Technologies' Sale Purchase Of Stock and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.11
Relationship DirectionNegative 
Relationship StrengthInsignificant

Sale Purchase Of Stock

Depreciation

Depreciation indicates how much of LightPath Technologies value has been used up. For tax purposes LightPath Technologies can deduct the cost of the tangible assets it purchases as business expenses. However, LightPath Technologies must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
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.The LightPath Technologies' current Tax Provision is estimated to increase to about 81.5 K, while Selling General Administrative is projected to decrease to under 8.2 M.
 2022 2023 2024 2025 (projected)
Interest Expense283.3K191.9K172.7K164.0K
Depreciation And Amortization3.2M4.0M3.6M2.1M

LightPath Technologies fundamental ratios Correlations

0.730.870.990.810.75-0.350.720.680.910.680.740.850.890.580.60.880.610.960.770.410.890.850.690.780.89
0.730.910.730.80.67-0.360.840.530.870.530.860.780.820.090.520.850.810.690.60.280.620.860.790.770.76
0.870.910.860.960.87-0.410.950.560.980.560.940.90.940.410.590.960.870.820.580.240.710.940.880.930.91
0.990.730.860.780.68-0.320.70.690.910.690.740.790.910.590.570.840.580.980.810.50.910.870.690.750.84
0.810.80.960.780.94-0.350.950.470.950.470.920.920.850.510.520.960.920.730.420.090.60.920.920.990.93
0.750.670.870.680.94-0.390.870.460.870.460.820.930.730.50.530.930.840.650.35-0.050.520.80.810.920.93
-0.35-0.36-0.41-0.32-0.35-0.39-0.470.07-0.340.07-0.49-0.35-0.48-0.25-0.92-0.38-0.28-0.39-0.19-0.38-0.55-0.15-0.18-0.2-0.29
0.720.840.950.70.950.87-0.470.290.890.290.950.820.850.330.610.890.920.640.330.120.560.850.880.910.81
0.680.530.560.690.470.460.070.290.651.00.320.680.560.340.050.650.250.740.840.260.520.650.380.490.72
0.910.870.980.910.950.87-0.340.890.650.650.90.930.910.490.530.970.830.860.680.310.740.970.880.930.95
0.680.530.560.690.470.460.070.291.00.650.320.680.560.340.050.650.250.740.840.260.520.650.380.490.72
0.740.860.940.740.920.82-0.490.950.320.90.320.80.840.40.650.870.930.680.430.270.640.880.930.880.79
0.850.780.90.790.920.93-0.350.820.680.930.680.80.790.490.510.990.780.780.580.110.650.870.790.90.99
0.890.820.940.910.850.73-0.480.850.560.910.560.840.790.490.640.860.680.910.650.390.830.870.730.80.82
0.580.090.410.590.510.5-0.250.330.340.490.340.40.490.490.350.470.260.630.280.220.60.440.430.490.53
0.60.520.590.570.520.53-0.920.610.050.530.050.650.510.640.350.560.440.590.340.430.740.360.370.390.47
0.880.850.960.840.960.93-0.380.890.650.970.650.870.990.860.470.560.830.820.60.160.690.920.840.930.98
0.610.810.870.580.920.84-0.280.920.250.830.250.930.780.680.260.440.830.480.230.00.390.840.960.920.76
0.960.690.820.980.730.65-0.390.640.740.860.740.680.780.910.630.590.820.480.830.490.930.810.610.680.83
0.770.60.580.810.420.35-0.190.330.840.680.840.430.580.650.280.340.60.230.830.660.750.640.370.390.62
0.410.280.240.50.09-0.05-0.380.120.260.310.260.270.110.390.220.430.160.00.490.660.570.270.10.020.13
0.890.620.710.910.60.52-0.550.560.520.740.520.640.650.830.60.740.690.390.930.750.570.660.50.530.67
0.850.860.940.870.920.8-0.150.850.650.970.650.880.870.870.440.360.920.840.810.640.270.660.920.930.9
0.690.790.880.690.920.81-0.180.880.380.880.380.930.790.730.430.370.840.960.610.370.10.50.920.940.79
0.780.770.930.750.990.92-0.20.910.490.930.490.880.90.80.490.390.930.920.680.390.020.530.930.940.92
0.890.760.910.840.930.93-0.290.810.720.950.720.790.990.820.530.470.980.760.830.620.130.670.90.790.92
Click cells to compare fundamentals

LightPath Technologies Account Relationship Matchups

LightPath Technologies fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets54.6M50.7M53.5M48.1M55.3M28.9M
Other Current Liab2.9M2.6M1.1M3.4M3.9M4.1M
Total Current Liabilities8.4M7.7M6.8M8.0M9.2M9.7M
Total Stockholder Equity33.6M29.7M36.0M30.2M34.7M21.6M
Property Plant And Equipment Net22.3M22.1M22.4M22.0M25.2M26.5M
Net Debt7.5M9.2M7.7M6.9M7.9M8.3M
Retained Earnings(200.2M)(203.8M)(207.8M)(215.8M)(194.3M)(204.0M)
Accounts Payable2.9M3.1M2.6M3.2M3.7M3.9M
Cash6.8M5.5M4.7M3.5M3.1M5.0M
Non Current Assets Total33.9M32.5M31.8M32.5M37.4M39.3M
Cash And Short Term Investments6.8M5.5M4.7M3.5M3.1M5.0M
Common Stock Shares Outstanding26.3M27.0M31.6M37.9M43.6M45.8M
Liabilities And Stockholders Equity54.6M50.7M53.5M48.1M55.3M28.9M
Non Current Liabilities Total12.6M13.2M10.8M9.9M11.3M11.9M
Inventory8.7M7.0M7.4M6.6M7.5M7.9M
Other Current Assets950.7K929.6K3.0M577.1K663.6K594.3K
Other Stockholder Equity231.4M232.3M242.8M245.1M281.9M202.5M
Total Liab21.0M21.0M17.6M17.9M20.6M21.6M
Property Plant And Equipment Gross22.3M22.1M22.4M40.3M46.3M48.6M
Total Current Assets20.7M18.2M21.8M15.5M17.9M14.2M
Accumulated Other Comprehensive Income2.1M935.1K606.5K509.9K586.4K615.7K
Intangible Assets5.6M4.5M3.3M3.7M3.3M3.4M
Net Receivables4.8M5.2M6.6M4.9M5.7M3.2M
Common Stock269.9K270.5K373.4K392.5K451.4K474.0K
Property Plant Equipment13.0M22.3M22.1M22.4M25.7M27.0M
Short Long Term Debt Total14.2M14.7M12.4M10.4M11.9M12.5M
Short Term Debt2.7M2.0M3.2M1.4M1.7M951.0K
Other Assets734.7K174.7K170.7K205.9K185.3K310.5K
Long Term Debt4.1M3.2M1.6M325.9K374.8K356.0K
Net Tangible Assets22.0M22.1M19.4M26.8M30.8M16.5M
Capital Lease Obligations9.5M10.5M9.8M9.8M11.3M11.9M

Currently Active Assets on Macroaxis

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:
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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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.