Lakeside Net Receivables vs Total Current Assets Analysis
LSH Stock | 3.24 0.70 27.56% |
Lakeside Holding financial indicator trend analysis is infinitely more than just investigating Lakeside Holding recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lakeside Holding is a good investment. Please check the relationship between Lakeside Holding Net Receivables and its Total Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lakeside Holding Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Net Receivables vs Total Current Assets
Net Receivables vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lakeside Holding Net Receivables account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Lakeside Holding's Net Receivables and Total Current Assets is 0.96. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Lakeside Holding Limited, assuming nothing else is changed. The correlation between historical values of Lakeside Holding's Net Receivables 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 Net Receivables of Lakeside Holding Limited 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 Net Receivables i.e., Lakeside Holding's Net Receivables and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Receivables
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 Lakeside Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lakeside Holding 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 Lakeside Holding Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. The Lakeside Holding's current Tax Provision is estimated to increase to about (64 K). The current Selling General Administrative is estimated to decrease to about 2.8 M
2010 | 2022 | 2023 | 2024 (projected) | Interest Expense | 68.7K | 123.6K | 109.1K | 110.5K | Depreciation And Amortization | 105.2K | 162.5K | 175.3K | 162.5K |
Lakeside Holding fundamental ratios Correlations
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Lakeside Holding Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When determining whether Lakeside Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lakeside Holding's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lakeside Holding Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lakeside Holding Limited Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lakeside Holding Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lakeside Holding. If investors know Lakeside will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lakeside Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (1.00) | Earnings Share (0.17) | Revenue Per Share 3.053 | Quarterly Revenue Growth 0.17 | Return On Assets (0.04) |
The market value of Lakeside Holding is measured differently than its book value, which is the value of Lakeside that is recorded on the company's balance sheet. Investors also form their own opinion of Lakeside Holding's value that differs from its market value or its book value, called intrinsic value, which is Lakeside Holding's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lakeside Holding's market value can be influenced by many factors that don't directly affect Lakeside Holding's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lakeside Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lakeside Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lakeside Holding's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.