LakeShore Capital Lease Obligations vs Total Current Assets Analysis
LSBPW Stock | 0.04 0.01 33.33% |
LakeShore Biopharma financial indicator trend analysis is infinitely more than just investigating LakeShore Biopharma Co, recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LakeShore Biopharma Co, is a good investment. Please check the relationship between LakeShore Biopharma Capital Lease Obligations and its Total Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LakeShore Biopharma Co,. 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.
Capital Lease Obligations vs Total Current Assets
Capital Lease Obligations vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LakeShore Biopharma Co, Capital Lease Obligations account and Total Current Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between LakeShore Biopharma's Capital Lease Obligations and Total Current Assets is -0.87. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of LakeShore Biopharma Co,, assuming nothing else is changed. The correlation between historical values of LakeShore Biopharma's Capital Lease Obligations and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of LakeShore Biopharma Co, are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Capital Lease Obligations i.e., LakeShore Biopharma's Capital Lease Obligations and Total Current Assets go up and down completely randomly.
Correlation Coefficient | -0.87 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Capital Lease Obligations
LakeShore Biopharma Co, capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to LakeShore Biopharma asset purchases. For example, LakeShore Biopharma can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as LakeShore Biopharma control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most indicators from LakeShore Biopharma's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LakeShore Biopharma Co, 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 LakeShore Biopharma Co,. 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. Sales General And Administrative To Revenue is likely to climb to 0.31 in 2024, despite the fact that Tax Provision is likely to grow to (20.6 M).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.7M | 30.9M | 44.3M | 29.6M | Depreciation And Amortization | 31.2M | 36.7M | 42.2M | 37.9M |
LakeShore Biopharma fundamental ratios Correlations
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LakeShore Biopharma Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running LakeShore Biopharma's price analysis, check to measure LakeShore Biopharma'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 LakeShore Biopharma is operating at the current time. Most of LakeShore Biopharma's value examination focuses on studying past and present price action to predict the probability of LakeShore Biopharma's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LakeShore Biopharma's price. Additionally, you may evaluate how the addition of LakeShore Biopharma to your portfolios can decrease your overall portfolio volatility.