| LSC Stock | | | 3,250 350.00 9.72% |
London Security financial indicator trend analysis is infinitely more than just investigating London Security Plc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether London Security Plc is a good investment. Please check the relationship between London Security Income Before Tax and its Operating Income accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in London Security Plc. 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 economic analysis.
Income Before Tax vs Operating Income
Income Before Tax vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
London Security Plc Income Before Tax account and
Operating Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between London Security's Income Before Tax and Operating Income is 0.98. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Operating Income in the same time period over historical financial statements of London Security Plc, assuming nothing else is changed. The correlation between historical values of London Security's Income Before Tax and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of London Security Plc are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Income Before Tax i.e., London Security's Income Before Tax and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.98 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on London Security income statement and is an important metric when analyzing London Security Plc profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Operating Income
Operating Income is the amount of profit realized from London Security Plc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of London Security Plc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from London Security's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into London Security Plc 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 London Security Plc. 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 economic analysis.
As of November 24, 2024,
Selling General Administrative is expected to decline to about 25.1
M. In addition to that,
Tax Provision is expected to decline to about 7.6
MLondon Security fundamental ratios Correlations
Click cells to compare fundamentals
London Security Account Relationship Matchups
High Positive Relationship
High Negative Relationship
London Security fundamental ratios Accounts
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.
Other Information on Investing in London Stock
Balance Sheet is a snapshot of the
financial position of London Security Plc at a specified time, usually calculated after every quarter, six months, or one year. London Security Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of London Security and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which London currently owns. An asset can also be divided into two categories, current and non-current.