LakeShore Total Current Assets vs Cash 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 Total Current Assets and its Cash 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.

Total Current Assets vs Cash

Total Current Assets vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LakeShore Biopharma Co, Total Current Assets account and Cash. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between LakeShore Biopharma's Total Current Assets and Cash is -0.58. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Cash 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 Total Current Assets and Cash 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 Assets of LakeShore Biopharma Co, are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Current Assets i.e., LakeShore Biopharma's Total Current Assets and Cash go up and down completely randomly.

Correlation Coefficient

-0.58
Relationship DirectionNegative 
Relationship StrengthVery Weak

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.

Cash

Cash refers to the most liquid asset of LakeShore Biopharma Co,, which is listed under current asset account on LakeShore Biopharma Co, balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from LakeShore Biopharma customers. The amounts must be unrestricted with restricted cash listed in a different LakeShore Biopharma account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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 Expense2.7M30.9M44.3M29.6M
Depreciation And Amortization31.2M36.7M42.2M37.9M

LakeShore Biopharma fundamental ratios Correlations

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0.880.80.960.910.72-0.390.8-0.90.94-0.590.73-0.760.64-0.590.950.67-0.99-0.920.82-0.710.99-0.950.990.80.96
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-0.81-0.74-0.97-0.89-0.99-0.650.52-0.760.92-0.890.61-0.660.69-0.530.61-0.91-0.750.92-0.780.8-0.990.96-0.96-0.75-0.9
-0.89-0.9-0.98-0.99-0.92-0.820.36-0.920.96-0.930.83-0.830.86-0.680.83-0.96-0.850.92-0.940.66-0.950.82-0.95-0.91-0.87
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-0.32-0.28-0.73-0.62-0.71-0.130.62-0.310.64-0.520.33-0.140.20.050.33-0.55-0.810.80.66-0.38-0.710.87-0.62-0.3-0.5
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-0.69-0.6-0.89-0.81-0.95-0.480.42-0.590.78-0.830.4-0.480.54-0.380.4-0.83-0.690.960.82-0.640.87-0.91-0.89-0.59-0.85
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LakeShore Biopharma Account Relationship Matchups

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