Logan Common Stock Shares Outstanding vs Accounts Payable Analysis

LRFC Stock  USD 25.40  0.47  1.89%   
Logan Ridge financial indicator trend analysis is infinitely more than just investigating Logan Ridge Finance recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Logan Ridge Finance is a good investment. Please check the relationship between Logan Ridge Common Stock Shares Outstanding and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Logan Ridge Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Common Stock Shares Outstanding vs Accounts Payable

Common Stock Shares Outstanding vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Logan Ridge Finance Common Stock Shares Outstanding account and Accounts Payable. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Logan Ridge's Common Stock Shares Outstanding and Accounts Payable is -0.02. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Logan Ridge Finance, assuming nothing else is changed. The correlation between historical values of Logan Ridge's Common Stock Shares Outstanding and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Logan Ridge Finance are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Common Stock Shares Outstanding i.e., Logan Ridge's Common Stock Shares Outstanding and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.02
Relationship DirectionNegative 
Relationship StrengthInsignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Accounts Payable

An accounting item on the balance sheet that represents Logan Ridge obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Logan Ridge Finance are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Logan Ridge's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Logan Ridge Finance 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 Logan Ridge Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
At present, Logan Ridge's Enterprise Value Multiple is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Income15.3M14.8M19.9M24.4M
Net Interest Income4.7M7.0M11.5M13.6M

Logan Ridge fundamental ratios Correlations

-0.14-0.01-0.24-0.35-0.320.09-0.72-0.02-0.4-0.08-0.53-0.32-0.29-0.69-0.090.57-0.60.02-0.37-0.69-0.780.47-0.86-0.35-0.71
-0.140.960.710.20.940.890.630.030.450.990.670.380.79-0.280.930.35-0.020.960.44-0.28-0.30.71-0.070.30.71
-0.010.960.66-0.020.810.960.48-0.070.340.970.680.260.75-0.280.960.34-0.11.00.31-0.28-0.440.81-0.190.30.61
-0.240.710.660.190.690.620.64-0.270.240.70.730.270.690.070.75-0.040.390.660.30.070.050.460.190.020.69
-0.350.2-0.020.190.46-0.250.290.30.730.070.170.790.0-0.160.020.160.05-0.020.79-0.160.4-0.230.410.130.26
-0.320.940.810.690.460.690.750.120.540.90.60.50.76-0.230.790.30.110.810.57-0.23-0.070.480.110.280.76
0.090.890.960.62-0.250.690.44-0.180.080.940.58-0.020.76-0.240.890.29-0.040.960.03-0.24-0.510.85-0.30.240.54
-0.720.630.480.640.290.750.440.10.320.620.630.20.740.410.52-0.330.510.480.260.410.440.110.590.420.96
-0.020.03-0.07-0.270.30.12-0.180.10.41-0.03-0.240.32-0.06-0.140.00.14-0.41-0.040.29-0.140.01-0.040.10.370.03
-0.40.450.340.240.730.540.080.320.410.310.530.940.13-0.140.410.19-0.210.340.93-0.140.160.10.380.510.42
-0.080.990.970.70.070.90.940.62-0.030.310.640.230.83-0.250.920.310.010.970.29-0.25-0.350.75-0.130.290.7
-0.530.670.680.730.170.60.580.63-0.240.530.640.410.610.320.73-0.260.340.670.430.320.20.360.460.470.8
-0.320.380.260.270.790.5-0.020.20.320.940.230.410.02-0.230.360.28-0.220.260.99-0.230.15-0.010.30.180.28
-0.290.790.750.690.00.760.760.74-0.060.130.830.610.020.130.73-0.080.380.740.090.13-0.010.470.160.280.76
-0.69-0.28-0.280.07-0.16-0.23-0.240.41-0.14-0.14-0.250.32-0.230.13-0.19-0.980.65-0.3-0.241.00.81-0.540.810.190.43
-0.090.930.960.750.020.790.890.520.00.410.920.730.360.73-0.190.25-0.060.960.4-0.19-0.330.73-0.070.240.65
0.570.350.34-0.040.160.30.29-0.330.140.190.31-0.260.28-0.08-0.980.25-0.610.350.31-0.98-0.80.52-0.78-0.15-0.34
-0.6-0.02-0.10.390.050.11-0.040.51-0.41-0.210.010.34-0.220.380.65-0.06-0.61-0.12-0.170.650.62-0.360.56-0.040.47
0.020.961.00.66-0.020.810.960.48-0.040.340.970.670.260.74-0.30.960.35-0.120.3-0.3-0.460.83-0.210.30.6
-0.370.440.310.30.790.570.030.260.290.930.290.430.990.09-0.240.40.31-0.170.3-0.240.140.00.290.180.33
-0.69-0.28-0.280.07-0.16-0.23-0.240.41-0.14-0.14-0.250.32-0.230.131.0-0.19-0.980.65-0.3-0.240.81-0.540.810.190.43
-0.78-0.3-0.440.050.4-0.07-0.510.440.010.16-0.350.20.15-0.010.81-0.33-0.80.62-0.460.140.81-0.760.930.080.39
0.470.710.810.46-0.230.480.850.11-0.040.10.750.36-0.010.47-0.540.730.52-0.360.830.0-0.54-0.76-0.550.290.19
-0.86-0.07-0.190.190.410.11-0.30.590.10.38-0.130.460.30.160.81-0.07-0.780.56-0.210.290.810.93-0.550.330.58
-0.350.30.30.020.130.280.240.420.370.510.290.470.180.280.190.24-0.15-0.040.30.180.190.080.290.330.46
-0.710.710.610.690.260.760.540.960.030.420.70.80.280.760.430.65-0.340.470.60.330.430.390.190.580.46
Click cells to compare fundamentals

Logan Ridge Account Relationship Matchups

Logan Ridge fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding2.7M2.7M2.7M2.7M2.7M2.8M
Total Assets427.3M328.0M242.2M214.7M197.1M333.5M
Short Long Term Debt Total272.6M213.5M122.8M117.1M101.5M185.9M
Other Current Liab(3.0M)(1.7M)(11.3M)(13.9M)(833K)(874.7K)
Total Current Liabilities3.0M1.7M11.3M1.7M833K791.4K
Total Stockholder Equity148.1M108.9M107.0M95.0M89.2M142.1M
Net Debt210.2M163.6M83.7M110.3M97.6M153.2M
Retained Earnings(89.9M)(120.6M)(81.8M)(96.1M)(99.3M)(94.3M)
Accounts Payable3.0M1.7M11.3M1.7M833K791.4K
Cash62.3M49.9M39.1M6.8M3.9M3.7M
Non Current Assets Total362.5M274.7M198.2M203.6M173.6M295.3M
Cash And Short Term Investments62.3M49.9M39.1M6.8M22.3M33.9M
Net Receivables1.7M2.3M1.6M1.6M1.4M2.5M
Common Stock Total Equity160K161K162K27K24.3K23.1K
Liabilities And Stockholders Equity427.3M328.0M242.2M214.7M197.1M333.5M
Non Current Liabilities Total272.6M213.5M122.8M1.7M101.5M177.8M
Other Current Assets(64.1M)1.1M(40.7M)(8.4M)2.2M2.3M
Total Liab279.2M219.1M135.2M119.7M107.9M191.4M
Total Current Assets64.1M52.2M40.7M8.4M25.9M37.9M
Common Stock160K161K162K27K24.3K23.1K
Other Stockholder Equity237.9M229.5M188.8M191.0M188.4M178.2M
Short Term Debt51.2M51.5M51.9M13.9M14.0M13.3M
Net Tangible Assets148.1M108.9M107.0M95.0M85.5M116.2M
Other Assets739K1.1M3.4M2.7M(2.4M)(2.2M)
Net Invested Capital420.7M322.4M229.8M212.1M190.7M272.5M
Long Term Investments362.5M274.7M198.2M203.6M189.7M248.9M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Logan Ridge Finance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Logan Ridge's 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 Logan Ridge Finance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Logan Ridge Finance Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Logan Ridge Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Asset Management & Custody Banks 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 Logan Ridge. If investors know Logan 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 Logan Ridge listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share
1.28
Earnings Share
(1.22)
Revenue Per Share
7.449
Quarterly Revenue Growth
(0)
Return On Assets
0.0381
The market value of Logan Ridge Finance is measured differently than its book value, which is the value of Logan that is recorded on the company's balance sheet. Investors also form their own opinion of Logan Ridge's value that differs from its market value or its book value, called intrinsic value, which is Logan Ridge's 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 Logan Ridge's market value can be influenced by many factors that don't directly affect Logan Ridge's 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 Logan Ridge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Logan Ridge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Logan Ridge's 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.