Louisiana Extraordinary Items vs Income Tax Expense Analysis

LPX Stock  USD 114.40  3.01  2.70%   
Louisiana Pacific financial indicator trend analysis is infinitely more than just investigating Louisiana Pacific recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Louisiana Pacific is a good investment. Please check the relationship between Louisiana Pacific Extraordinary Items and its Income Tax Expense accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Louisiana Pacific. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Louisiana Stock please use our How to Invest in Louisiana Pacific guide.

Extraordinary Items vs Income Tax Expense

Extraordinary Items vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Louisiana Pacific Extraordinary Items account and Income Tax Expense. At this time, the significance of the direction appears to have weak relationship.
The correlation between Louisiana Pacific's Extraordinary Items and Income Tax Expense is 0.37. Overlapping area represents the amount of variation of Extraordinary Items that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Louisiana Pacific, assuming nothing else is changed. The correlation between historical values of Louisiana Pacific's Extraordinary Items and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Extraordinary Items of Louisiana Pacific are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Extraordinary Items i.e., Louisiana Pacific's Extraordinary Items and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.37
Relationship DirectionPositive 
Relationship StrengthVery Weak

Extraordinary Items

Income Tax Expense

Most indicators from Louisiana Pacific's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Louisiana Pacific 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 Louisiana Pacific. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Louisiana Stock please use our How to Invest in Louisiana Pacific guide.At this time, Louisiana Pacific's Discontinued Operations is fairly stable compared to the past year. Tax Provision is likely to rise to about 139.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 189.9 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit2.1B1.5B593M581.7M
Total Revenue4.6B3.9B2.6B2.5B

Louisiana Pacific fundamental ratios Correlations

0.34-0.010.220.750.41-0.190.590.550.43-0.220.590.30.110.430.350.2-0.610.590.50.71-0.01-0.02-0.490.220.21
0.34-0.36-0.52-0.31-0.410.54-0.460.170.460.760.17-0.220.480.95-0.460.550.020.9-0.210.10.38-0.25-0.130.530.53
-0.01-0.360.410.140.3-0.130.15-0.13-0.15-0.42-0.120.24-0.49-0.30.360.010.1-0.190.29-0.01-0.07-0.340.2-0.51-0.52
0.22-0.520.410.550.61-0.480.740.14-0.14-0.770.140.72-0.54-0.590.78-0.05-0.6-0.350.210.370.040.29-0.14-0.61-0.61
0.75-0.310.140.550.64-0.660.920.560.11-0.660.580.42-0.16-0.250.65-0.21-0.59-0.080.50.73-0.210.13-0.42-0.08-0.09
0.41-0.410.30.610.64-0.090.76-0.20.49-0.7-0.190.39-0.78-0.330.93-0.15-0.62-0.160.760.07-0.330.14-0.24-0.69-0.69
-0.190.54-0.13-0.48-0.66-0.09-0.61-0.730.580.58-0.72-0.28-0.180.58-0.280.370.190.520.14-0.720.18-0.270.01-0.12-0.13
0.59-0.460.150.740.920.76-0.610.370.11-0.780.380.56-0.39-0.430.82-0.18-0.75-0.240.470.58-0.280.26-0.31-0.34-0.34
0.550.17-0.130.140.56-0.2-0.730.37-0.31-0.11.00.170.610.11-0.05-0.01-0.230.15-0.270.950.090.11-0.160.590.6
0.430.46-0.15-0.140.110.490.580.11-0.310.25-0.31-0.18-0.40.50.30.39-0.260.520.44-0.19-0.06-0.2-0.27-0.27-0.27
-0.220.76-0.42-0.77-0.66-0.70.58-0.78-0.10.25-0.12-0.580.470.68-0.750.410.540.49-0.51-0.30.32-0.320.070.470.48
0.590.17-0.120.140.58-0.19-0.720.381.0-0.31-0.120.180.610.13-0.05-0.01-0.250.18-0.220.950.090.1-0.180.60.61
0.3-0.220.240.720.420.39-0.280.560.17-0.18-0.580.18-0.23-0.270.53-0.14-0.64-0.070.320.40.330.07-0.41-0.22-0.23
0.110.48-0.49-0.54-0.16-0.78-0.18-0.390.61-0.40.470.61-0.230.47-0.730.030.240.36-0.490.410.190.080.010.970.97
0.430.95-0.3-0.59-0.25-0.330.58-0.430.110.50.680.13-0.270.47-0.460.530.010.960.00.060.22-0.25-0.130.550.55
0.35-0.460.360.780.650.93-0.280.82-0.050.3-0.75-0.050.53-0.73-0.46-0.1-0.64-0.270.560.22-0.260.29-0.11-0.69-0.69
0.20.550.01-0.05-0.21-0.150.37-0.18-0.010.390.41-0.01-0.140.030.53-0.1-0.110.56-0.180.030.05-0.180.10.010.01
-0.610.020.1-0.6-0.59-0.620.19-0.75-0.23-0.260.54-0.25-0.640.240.01-0.64-0.11-0.19-0.4-0.470.2-0.260.30.190.19
0.590.9-0.19-0.35-0.08-0.160.52-0.240.150.520.490.18-0.070.360.96-0.270.56-0.190.140.180.25-0.2-0.220.440.43
0.5-0.210.290.210.50.760.140.47-0.270.44-0.51-0.220.32-0.490.00.56-0.18-0.40.14-0.04-0.2-0.11-0.44-0.32-0.34
0.710.1-0.010.370.730.07-0.720.580.95-0.19-0.30.950.40.410.060.220.03-0.470.18-0.040.080.15-0.260.410.41
-0.010.38-0.070.04-0.21-0.330.18-0.280.09-0.060.320.090.330.190.22-0.260.050.20.25-0.20.08-0.18-0.460.160.16
-0.02-0.25-0.340.290.130.14-0.270.260.11-0.2-0.320.10.070.08-0.250.29-0.18-0.26-0.2-0.110.15-0.180.36-0.03-0.03
-0.49-0.130.2-0.14-0.42-0.240.01-0.31-0.16-0.270.07-0.18-0.410.01-0.13-0.110.10.3-0.22-0.44-0.26-0.460.36-0.12-0.11
0.220.53-0.51-0.61-0.08-0.69-0.12-0.340.59-0.270.470.6-0.220.970.55-0.690.010.190.44-0.320.410.16-0.03-0.121.0
0.210.53-0.52-0.61-0.09-0.69-0.13-0.340.6-0.270.480.61-0.230.970.55-0.690.010.190.43-0.340.410.16-0.03-0.111.0
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Louisiana Pacific Account Relationship Matchups

Louisiana Pacific fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.8B2.1B2.2B2.4B2.4B2.8B
Short Long Term Debt Total384M380M390M395M378M500.6M
Other Current Liab(6M)169M151M131M124M130.2M
Total Current Liabilities244M286M351M336M259M229.8M
Total Stockholder Equity991M1.2B1.2B1.4B1.6B1.5B
Property Plant And Equipment Net1.0B958M1.1B1.4B1.6B1.2B
Net Debt203M(155M)32M26M156M235.2M
Retained Earnings966M1.2B1.2B1.4B1.5B1.2B
Cash181M535M358M369M222M365.0M
Non Current Assets Total1.2B1.1B1.3B1.5B1.7B1.4B
Non Currrent Assets Other146M76M122M78M51M48.5M
Cash And Short Term Investments181M535M358M369M222M435.0M
Net Receivables127.6M164M184M155M127M154.0M
Common Stock Shares Outstanding123M112M98M78M72M125.9M
Liabilities And Stockholders Equity1.8B2.1B2.2B2.4B2.4B2.8B
Non Current Liabilities Total590M556M604M580M621M974.7M
Inventory265M259M323M337M378M256.8M
Other Current Assets9M30M100M21M23M21.9M
Other Stockholder Equity48M55M68M73M79M75.1M
Total Liab834M842M955M916M880M1.3B
Property Plant And Equipment Gross1.0B958M1.1B1.4B3.3B3.5B
Total Current Assets619M993M890M854M778M898.5M
Accumulated Other Comprehensive Income(153M)(151M)(174M)(99M)(89M)(93.5M)
Short Term Debt25.1M5M8M7M6M5.7M
Accounts Payable242M91M180M178M121M138.7M
Intangible Assets26.2M50M56M45M8M7.6M
Common Stock Total Equity130M124M102M88M101.2M142.8M
Common Stock130M124M102M88M101.2M141.0M
Other Liab205M206M176M214M194M194.1M
Other Assets72.6M80M84M(1M)(900K)(855K)
Long Term Debt350.8M346.9M348M346M347M500.6M
Treasury Stock(406M)(397M)(390M)(388M)(349.2M)(366.7M)
Property Plant Equipment965M918M1.1B1.3B1.2B839.1M
Net Tangible Assets1.0B1.2B1.2B1.4B1.6B1.4B
Retained Earnings Total Equity966M1.2B1.2B1.4B1.6B1.1B
Long Term Debt Total350.8M346.9M348M346M311.4M415.5M
Capital Surpluse454M452M458M462M415.8M388.5M

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