LSF Operating Income vs Depreciation And Amortization Analysis

LSF Stock   3.06  0.03  0.97%   
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 Operating Income and its Depreciation And Amortization 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.

Operating Income vs Depreciation And Amortization

Operating Income vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of L1 Long Short Operating Income account and Depreciation And Amortization. At this time, the significance of the direction appears to have pay attention.
The correlation between L1 Long's Operating Income and Depreciation And Amortization is -0.99. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Depreciation And Amortization 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 Operating Income and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of L1 Long Short are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Operating Income i.e., L1 Long's Operating Income and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

-0.99
Relationship DirectionNegative 
Relationship StrengthSignificant

Operating Income

Operating Income is the amount of profit realized from L1 Long Short 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 L1 Long Short 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.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
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

0.160.930.970.360.960.010.520.92-0.020.110.820.150.930.61-0.57-0.710.20.39-0.90.270.990.950.93-0.580.89
0.160.170.10.440.060.34-0.630.33-0.320.870.35-0.880.390.580.430.08-0.310.51-0.4-0.190.190.30.380.1-0.12
0.930.170.890.470.910.160.590.87-0.17-0.020.840.220.960.69-0.6-0.630.340.38-0.830.040.930.920.96-0.510.88
0.970.10.890.340.990.060.560.82-0.070.060.80.20.890.47-0.59-0.710.340.21-0.880.350.940.930.89-0.580.9
0.360.440.470.340.320.880.060.51-0.890.360.79-0.250.580.66-0.23-0.34-0.080.38-0.65-0.510.370.620.57-0.370.44
0.960.060.910.990.320.060.560.79-0.070.030.770.230.870.43-0.55-0.620.40.19-0.840.330.930.920.88-0.480.88
0.010.340.160.060.880.06-0.080.09-1.00.290.48-0.260.250.29-0.03-0.050.0-0.03-0.34-0.61-0.010.320.24-0.120.17
0.52-0.630.590.560.060.56-0.080.340.05-0.760.40.90.430.12-0.94-0.70.52-0.18-0.330.120.490.410.43-0.660.79
0.920.330.870.820.510.790.090.34-0.10.280.83-0.050.910.84-0.46-0.66-0.130.65-0.910.010.950.910.91-0.570.79
-0.02-0.32-0.17-0.07-0.89-0.07-1.00.05-0.1-0.27-0.50.24-0.26-0.290.060.080.00.030.350.610.0-0.33-0.250.16-0.19
0.110.87-0.020.060.360.030.29-0.760.28-0.270.23-0.950.20.360.590.17-0.530.46-0.36-0.060.140.260.20.19-0.2
0.820.350.840.80.790.770.480.40.83-0.50.23-0.010.910.77-0.56-0.710.170.48-0.93-0.020.820.920.91-0.650.81
0.15-0.880.220.2-0.250.23-0.260.9-0.050.24-0.95-0.010.01-0.25-0.76-0.40.52-0.390.10.160.110.00.01-0.40.46
0.930.390.960.890.580.870.250.430.91-0.260.20.910.010.79-0.53-0.690.190.45-0.930.00.930.961.0-0.580.85
0.610.580.690.470.660.430.290.120.84-0.290.360.77-0.250.79-0.32-0.51-0.240.79-0.73-0.330.680.680.79-0.490.53
-0.570.43-0.6-0.59-0.23-0.55-0.03-0.94-0.460.060.59-0.56-0.76-0.53-0.320.88-0.370.050.49-0.07-0.54-0.5-0.540.87-0.84
-0.710.08-0.63-0.71-0.34-0.62-0.05-0.7-0.660.080.17-0.71-0.4-0.69-0.510.88-0.11-0.160.75-0.15-0.7-0.67-0.690.98-0.87
0.2-0.310.340.34-0.080.40.00.52-0.130.0-0.530.170.520.19-0.24-0.37-0.11-0.380.00.420.120.150.19-0.010.28
0.390.510.380.210.380.19-0.03-0.180.650.030.460.48-0.390.450.790.05-0.16-0.38-0.42-0.050.490.380.45-0.120.15
-0.9-0.4-0.83-0.88-0.65-0.84-0.34-0.33-0.910.35-0.36-0.930.1-0.93-0.730.490.750.0-0.42-0.05-0.9-0.97-0.930.67-0.84
0.27-0.190.040.35-0.510.33-0.610.120.010.61-0.06-0.020.160.0-0.33-0.07-0.150.42-0.05-0.050.220.060.02-0.030.08
0.990.190.930.940.370.93-0.010.490.950.00.140.820.110.930.68-0.54-0.70.120.49-0.90.220.940.93-0.570.87
0.950.30.920.930.620.920.320.410.91-0.330.260.920.00.960.68-0.5-0.670.150.38-0.970.060.940.96-0.560.87
0.930.380.960.890.570.880.240.430.91-0.250.20.910.011.00.79-0.54-0.690.190.45-0.930.020.930.96-0.580.85
-0.580.1-0.51-0.58-0.37-0.48-0.12-0.66-0.570.160.19-0.65-0.4-0.58-0.490.870.98-0.01-0.120.67-0.03-0.57-0.56-0.58-0.79
0.89-0.120.880.90.440.880.170.790.79-0.19-0.20.810.460.850.53-0.84-0.870.280.15-0.840.080.870.870.85-0.79
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L1 Long Account Relationship Matchups

L1 Long fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.5B3.6B4.4B3.9B4.5B3.8B
Other Current Liab616.8M654.4M957.0M1.1B(1.3B)(1.2B)
Total Current Liabilities1.4B1.9B2.7B2.1B3.8B2.2B
Total Stockholder Equity1.1B1.6B1.7B1.8B1.9B1.7B
Net Tangible Assets1.1B1.6B1.7B1.8B2.1B1.6B
Net Debt(559.3M)(484.0M)(1.3B)(969.8M)(1.0B)(1.1B)
Accounts Payable755.2M1.2B1.7B945.1M1.3B1.1B
Cash559.3M484.0M1.3B969.8M1.0B1.0B
Non Current Assets Total1.8B3.0B3.0B2.8B678K644.1K
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)4.5B4.7B
Cash And Short Term Investments2.4B3.5B4.2B3.8B4.4B3.4B
Net Receivables54.7M44.3M80.8M21.9M28.7M43.0M
Common Stock Shares Outstanding662.7M621.6M609.2M613.8M619.4M509.3M
Short Term Investments1.8B70.2M24.1M2.8B3.4B1.7B
Liabilities And Stockholders Equity2.5B3.6B4.4B3.9B4.5B3.8B
Non Current Liabilities Total1.4B117.4M2.7B34.7M76.0M72.2M
Inventory(1.8B)(3.0B)(2.9B)(2.8B)(2.5B)(2.6B)
Other Current Assets58.8M46.6M100.6M133.7M95.2M91.8M
Total Liab1.4B2.0B2.7B2.1B2.6B2.1B
Long Term Investments1.8B3.0B3.0B2.8B3.2B2.4B
Total Current Assets2.4B3.6B4.3B3.9B4.5B3.5B
Common Stock1.3B1.2B1.2B1.2B1.3B1.0B
Capital Stock1.3B1.2B1.2B1.2B1.1B1.0B

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