Lake Total Current Liabilities vs Non Current Assets Total Analysis

LSBK Stock  USD 13.45  0.51  3.65%   
Lake Shore financial indicator trend analysis is infinitely more than just investigating Lake Shore Bancorp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lake Shore Bancorp is a good investment. Please check the relationship between Lake Shore Total Current Liabilities and its Non Current Assets Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lake Shore Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Total Current Liabilities vs Non Current Assets Total

Total Current Liabilities vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lake Shore Bancorp Total Current Liabilities account and Non Current Assets Total. At this time, the significance of the direction appears to have very week relationship.
The correlation between Lake Shore's Total Current Liabilities and Non Current Assets Total is 0.26. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Lake Shore Bancorp, assuming nothing else is changed. The correlation between historical values of Lake Shore's Total Current Liabilities and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Lake Shore Bancorp are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Current Liabilities i.e., Lake Shore's Total Current Liabilities and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.26
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Current Liabilities

Total Current Liabilities is an item on Lake Shore balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Lake Shore Bancorp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Lake Shore's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lake Shore Bancorp 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 Lake Shore Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
At this time, Lake Shore's Selling General Administrative is quite stable compared to the past year. Enterprise Value is expected to rise to about 86.2 M this year, although the value of Tax Provision will most likely fall to about 1 M.
 2021 2022 2023 2024 (projected)
Total Revenue25.2M27.0M28.0M17.1M
Interest Expense2.7M2.4M9.4M9.9M

Lake Shore fundamental ratios Correlations

0.7-0.360.440.9-0.010.480.590.090.660.09-0.150.16-0.270.2-0.790.710.95-0.090.29-0.01-0.290.750.260.920.22
0.7-0.220.370.690.390.10.430.220.59-0.35-0.230.26-0.290.23-0.520.390.69-0.410.46-0.07-0.250.510.230.640.33
-0.36-0.22-0.3-0.060.24-0.31-0.66-0.82-0.790.460.00.240.810.010.30.03-0.460.29-0.630.760.380.110.56-0.55-0.45
0.440.37-0.30.49-0.540.680.260.370.510.25-0.33-0.06-0.280.55-0.380.210.49-0.10.39-0.17-0.550.480.230.360.59
0.90.69-0.060.49-0.060.520.38-0.060.390.32-0.10.240.020.17-0.620.590.870.080.170.16-0.070.830.540.70.08
-0.010.390.24-0.54-0.06-0.820.07-0.22-0.02-0.510.030.37-0.04-0.010.010.07-0.05-0.34-0.020.160.12-0.050.00.07-0.21
0.480.1-0.310.680.52-0.820.170.260.240.370.08-0.24-0.020.03-0.260.230.510.260.3-0.2-0.120.360.050.350.21
0.590.43-0.660.260.380.070.170.50.8-0.170.13-0.36-0.82-0.16-0.390.120.63-0.120.6-0.54-0.310.13-0.180.660.09
0.090.22-0.820.37-0.06-0.220.260.50.63-0.480.19-0.23-0.770.00.09-0.420.32-0.460.83-0.94-0.26-0.22-0.530.210.44
0.660.59-0.790.510.39-0.020.240.80.63-0.31-0.31-0.09-0.860.32-0.640.30.7-0.510.58-0.49-0.680.32-0.160.770.62
0.09-0.350.460.250.32-0.510.37-0.17-0.48-0.31-0.09-0.160.460.05-0.10.180.010.55-0.480.490.140.440.71-0.11-0.27
-0.15-0.230.0-0.33-0.10.030.080.130.19-0.31-0.09-0.240.02-0.660.65-0.46-0.020.310.41-0.480.61-0.36-0.41-0.17-0.62
0.160.260.24-0.060.240.37-0.24-0.36-0.23-0.09-0.16-0.240.310.5-0.190.380.22-0.28-0.270.35-0.080.460.20.060.27
-0.27-0.290.81-0.280.02-0.04-0.02-0.82-0.77-0.860.460.020.31-0.080.230.09-0.380.49-0.690.740.570.110.48-0.47-0.45
0.20.230.010.550.17-0.010.03-0.160.00.320.05-0.660.5-0.08-0.470.450.22-0.48-0.070.23-0.720.520.230.240.71
-0.79-0.520.3-0.38-0.620.01-0.26-0.390.09-0.64-0.10.65-0.190.23-0.47-0.79-0.660.20.1-0.280.54-0.64-0.3-0.77-0.42
0.710.390.030.210.590.070.230.12-0.420.30.18-0.460.380.090.45-0.790.53-0.03-0.220.51-0.420.740.320.690.28
0.950.69-0.460.490.87-0.050.510.630.320.70.01-0.020.22-0.380.22-0.660.53-0.20.46-0.23-0.270.70.150.860.28
-0.09-0.410.29-0.10.08-0.340.26-0.12-0.46-0.510.550.31-0.280.49-0.480.2-0.03-0.2-0.370.330.5-0.080.22-0.18-0.6
0.290.46-0.630.390.17-0.020.30.60.830.58-0.480.41-0.27-0.69-0.070.1-0.220.46-0.37-0.86-0.19-0.07-0.470.380.25
-0.01-0.070.76-0.170.160.16-0.2-0.54-0.94-0.490.49-0.480.350.740.23-0.280.51-0.230.33-0.860.080.380.67-0.14-0.18
-0.29-0.250.38-0.55-0.070.12-0.12-0.31-0.26-0.680.140.61-0.080.57-0.720.54-0.42-0.270.5-0.190.08-0.340.09-0.42-0.86
0.750.510.110.480.83-0.050.360.13-0.220.320.44-0.360.460.110.52-0.640.740.7-0.08-0.070.38-0.340.670.60.34
0.260.230.560.230.540.00.05-0.18-0.53-0.160.71-0.410.20.480.23-0.30.320.150.22-0.470.670.090.670.03-0.09
0.920.64-0.550.360.70.070.350.660.210.77-0.11-0.170.06-0.470.24-0.770.690.86-0.180.38-0.14-0.420.60.030.31
0.220.33-0.450.590.08-0.210.210.090.440.62-0.27-0.620.27-0.450.71-0.420.280.28-0.60.25-0.18-0.860.34-0.090.31
Click cells to compare fundamentals

Lake Shore Account Relationship Matchups

Lake Shore fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets610.9M686.2M714.1M699.9M725.1M518.8M
Short Long Term Debt Total40.9M29.8M22.0M37.5M35.3M33.5M
Other Current Liab259.3M(3.2M)(3.2M)(12.6M)(3.3M)(3.1M)
Total Current Liabilities268.8M346.4M387.2M12.6M484.6M508.9M
Total Stockholder Equity82.8M85.9M88.0M81.2M86.3M66.8M
Net Debt4.4M(13.2M)(46.0M)27.9M(18.5M)(17.6M)
Cash30.3M43.0M68.0M9.6M53.7M26.9M
Non Current Assets Total80.6M88.3M97.6M81.3M59.5M42.7M
Non Currrent Assets Other(80.6M)(88.3M)(97.6M)(81.3M)(59.5M)(62.4M)
Other Assets426.6M472.7M457.3M533.1M611.9M642.5M
Cash And Short Term Investments101.5M122.3M156.8M9.6M53.7M73.1M
Common Stock Shares Outstanding6.0M6.0M5.9M5.9M5.9M4.9M
Liabilities And Stockholders Equity610.9M686.2M714.1M699.9M725.1M518.8M
Total Liab34.7M29.8M22.0M618.7M638.8M363.0M
Total Current Assets103.6M125.2M159.2M85.5M53.7M51.0M
Short Term Debt6.2M7.9M2.3M12.6M25.3M26.6M
Other Stockholder Equity19.5M18.2M16.3M16.6M17.7M16.4M
Other Liab8.0M8.2M10.3M10.4M12.0M9.2M
Retained Earnings62.0M65.5M70.6M74.9M79.0M52.0M
Accounts Payable432.5M1.0560.3M593.7M9.3M0.95
Long Term Debt34.7M29.8M22.0M25.0M35.3M19.2M
Short Term Investments71.2M79.3M88.8M73.0M60.4M102.0M
Inventory(33.2M)(46.0M)(70.2M)60.5M(504.9M)(479.7M)
Property Plant Equipment9.4M9.4M9.6M9.2M10.6M9.4M
Property Plant And Equipment Net9.4M9.0M8.7M8.3M8.1M9.4M
Net Receivables2.2M3.0M2.5M2.8M2.8M2.1M
Non Current Liabilities Total34.7M29.8M22.0M12.6M638.8M670.8M
Property Plant And Equipment Gross9.4M9.0M21.4M21.6M22.0M11.6M
Accumulated Other Comprehensive Income1.3M2.1M978K(10.3M)(10.4M)(9.9M)
Treasury Stock(7.3M)(8.8M)(10.2M)(11.6M)(10.4M)(10.9M)
Net Tangible Assets82.8M85.9M88.0M81.2M93.4M83.8M
Retained Earnings Total Equity56.2M59.1M62.0M65.5M75.3M57.6M
Capital Surpluse30.7M30.9M31.1M31.2M35.9M32.6M
Long Term Investments470.8M79.3M88.8M73.0M60.4M57.4M
Non Current Liabilities Other8.5M8.8M9.9M10.3M9.2M10.1M
Other Current Assets33.2M46.0M70.2M12.5M56.6M38.5M

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When determining whether Lake Shore Bancorp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Lake Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Lake Shore Bancorp Stock. Highlighted below are key reports to facilitate an investment decision about Lake Shore Bancorp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lake Shore Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Regional 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 Lake Shore. If investors know Lake 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 Lake Shore 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
(0.11)
Dividend Share
0.54
Earnings Share
0.75
Revenue Per Share
4.51
Quarterly Revenue Growth
(0.1)
The market value of Lake Shore Bancorp is measured differently than its book value, which is the value of Lake that is recorded on the company's balance sheet. Investors also form their own opinion of Lake Shore's value that differs from its market value or its book value, called intrinsic value, which is Lake Shore'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 Lake Shore's market value can be influenced by many factors that don't directly affect Lake Shore'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 Lake Shore's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lake Shore is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lake Shore'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.