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 Retained Earnings and its Accumulated Depreciation 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.
Retained Earnings vs Accumulated Depreciation
Retained Earnings vs Accumulated Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Louisiana Pacific Retained Earnings account and
Accumulated Depreciation. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Louisiana Pacific's Retained Earnings and Accumulated Depreciation is -0.57. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Accumulated Depreciation 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 Retained Earnings and Accumulated 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 Retained Earnings of Louisiana Pacific are associated (or correlated) with its Accumulated Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accumulated Depreciation has no effect on the direction of Retained Earnings i.e., Louisiana Pacific's Retained Earnings and Accumulated Depreciation go up and down completely randomly.
Correlation Coefficient | -0.57 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
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.
Accumulated Depreciation
Accumulated depreciation is the total amount of depreciation for Louisiana Pacific fixed asset that has been charged to Louisiana Pacific expense since that asset was acquired and made available for Louisiana Pacific use. The accumulated depreciation account is Louisiana Pacific asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Louisiana Pacific.
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.
Louisiana Pacific fundamental ratios Correlations
Click cells to compare fundamentals
Louisiana Pacific Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Louisiana Pacific fundamental ratios Accounts
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Additional Tools for Louisiana Stock Analysis
When running Louisiana Pacific's price analysis, check to
measure Louisiana Pacific'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 Louisiana Pacific is operating at the current time. Most of Louisiana Pacific's value examination focuses on studying past and present price action to
predict the probability of Louisiana Pacific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Louisiana Pacific's price. Additionally, you may evaluate how the addition of Louisiana Pacific to your portfolios can decrease your overall portfolio volatility.