LSF Inventory vs Common Stock Analysis
LSF Stock | 3.05 0.08 2.56% |
L1 Long financial indicator trend analysis is infinitely more than just investigating L1 Long Short recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether L1 Long Short is a good investment. Please check the relationship between L1 Long Inventory and its Common Stock accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in L1 Long Short. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Inventory vs Common Stock
Inventory vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of L1 Long Short Inventory account and Common Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between L1 Long's Inventory and Common Stock is 0.67. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Common Stock in the same time period over historical financial statements of L1 Long Short, assuming nothing else is changed. The correlation between historical values of L1 Long's Inventory and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of L1 Long Short are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Inventory i.e., L1 Long's Inventory and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.67 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Inventory
Common Stock
Most indicators from L1 Long's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into L1 Long Short 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 L1 Long Short. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. Selling General Administrative is likely to gain to about 90.4 M in 2024, whereas Tax Provision is likely to drop slightly above 44.3 M in 2024.
L1 Long fundamental ratios Correlations
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L1 Long Account Relationship Matchups
High Positive Relationship
High Negative Relationship
L1 Long fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.5B | 3.6B | 4.4B | 3.9B | 4.5B | 3.8B | |
Other Current Liab | 616.8M | 654.4M | 957.0M | 1.1B | (1.3B) | (1.2B) | |
Total Current Liabilities | 1.4B | 1.9B | 2.7B | 2.1B | 3.8B | 2.2B | |
Total Stockholder Equity | 1.1B | 1.6B | 1.7B | 1.8B | 1.9B | 1.7B | |
Net Tangible Assets | 1.1B | 1.6B | 1.7B | 1.8B | 2.1B | 1.6B | |
Net Debt | (559.3M) | (484.0M) | (1.3B) | (969.8M) | (1.0B) | (1.1B) | |
Accounts Payable | 755.2M | 1.2B | 1.7B | 945.1M | 1.3B | 1.1B | |
Cash | 559.3M | 484.0M | 1.3B | 969.8M | 1.0B | 1.0B | |
Non Current Assets Total | 1.8B | 3.0B | 3.0B | 2.8B | 678K | 644.1K | |
Non Currrent Assets Other | (83.1M) | (2.2M) | (34.3M) | (20.4M) | (163K) | (171.2K) | |
Other Assets | (1.7B) | (3.0B) | (2.9B) | (2.8B) | 4.5B | 4.7B | |
Cash And Short Term Investments | 2.4B | 3.5B | 4.2B | 3.8B | 4.4B | 3.4B | |
Net Receivables | 54.7M | 44.3M | 80.8M | 21.9M | 28.7M | 43.0M | |
Common Stock Shares Outstanding | 662.7M | 621.6M | 609.2M | 613.8M | 619.4M | 509.3M | |
Short Term Investments | 1.8B | 70.2M | 24.1M | 2.8B | 3.4B | 1.7B | |
Liabilities And Stockholders Equity | 2.5B | 3.6B | 4.4B | 3.9B | 4.5B | 3.8B | |
Non Current Liabilities Total | 1.4B | 117.4M | 2.7B | 34.7M | 76.0M | 72.2M | |
Inventory | (1.8B) | (3.0B) | (2.9B) | (2.8B) | (2.5B) | (2.6B) | |
Other Current Assets | 58.8M | 46.6M | 100.6M | 133.7M | 95.2M | 91.8M | |
Total Liab | 1.4B | 2.0B | 2.7B | 2.1B | 2.6B | 2.1B | |
Long Term Investments | 1.8B | 3.0B | 3.0B | 2.8B | 3.2B | 2.4B | |
Total Current Assets | 2.4B | 3.6B | 4.3B | 3.9B | 4.5B | 3.5B | |
Common Stock | 1.3B | 1.2B | 1.2B | 1.2B | 1.3B | 1.0B | |
Capital Stock | 1.3B | 1.2B | 1.2B | 1.2B | 1.1B | 1.0B |
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Additional Tools for LSF Stock Analysis
When running L1 Long's price analysis, check to measure L1 Long'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 L1 Long is operating at the current time. Most of L1 Long's value examination focuses on studying past and present price action to predict the probability of L1 Long's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move L1 Long's price. Additionally, you may evaluate how the addition of L1 Long to your portfolios can decrease your overall portfolio volatility.