Lightspeed Days Payables Outstanding vs Capex To Revenue Analysis
LSPD Stock | CAD 25.66 0.66 2.64% |
Lightspeed Commerce financial indicator trend analysis is infinitely more than just investigating Lightspeed Commerce recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lightspeed Commerce is a good investment. Please check the relationship between Lightspeed Commerce Days Payables Outstanding and its Capex To Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lightspeed Commerce. 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. To learn how to invest in Lightspeed Stock, please use our How to Invest in Lightspeed Commerce guide.
Days Payables Outstanding vs Capex To Revenue
Days Payables Outstanding vs Capex To Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lightspeed Commerce Days Payables Outstanding account and Capex To Revenue. At this time, the significance of the direction appears to have weak relationship.
The correlation between Lightspeed Commerce's Days Payables Outstanding and Capex To Revenue is 0.32. Overlapping area represents the amount of variation of Days Payables Outstanding that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Lightspeed Commerce, assuming nothing else is changed. The correlation between historical values of Lightspeed Commerce's Days Payables Outstanding and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Payables Outstanding of Lightspeed Commerce are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Days Payables Outstanding i.e., Lightspeed Commerce's Days Payables Outstanding and Capex To Revenue go up and down completely randomly.
Correlation Coefficient | 0.32 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Days Payables Outstanding
Capex To Revenue
The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.Most indicators from Lightspeed Commerce's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lightspeed Commerce 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 Lightspeed Commerce. 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. To learn how to invest in Lightspeed Stock, please use our How to Invest in Lightspeed Commerce guide.At this time, Lightspeed Commerce's Tax Provision is very stable compared to the past year. As of the 27th of November 2024, Selling General Administrative is likely to grow to about 108.9 M, while Issuance Of Capital Stock is likely to drop 0.00.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 104.5M | 115.3M | 109.6M | 115.1M | Interest Income | 5.9M | 24.8M | 44.0M | 32.4M |
Lightspeed Commerce fundamental ratios Correlations
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Lightspeed Commerce Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lightspeed Commerce fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 85.9M | 105.2M | 141.6M | 150.4M | 153.8M | 111.8M | |
Total Assets | 478.4M | 2.1B | 3.6B | 2.7B | 2.6B | 1.6B | |
Other Current Liab | 18.6M | 114K | 6.7M | 6.9M | 36.9M | 38.7M | |
Total Current Liabilities | 70.8M | 113.4M | 157.9M | 150.5M | 144.7M | 102.3M | |
Total Stockholder Equity | 344.1M | 1.9B | 3.4B | 2.5B | 2.4B | 1.4B | |
Other Liab | 10.5M | 20.2M | 7.3M | 10.0M | 9.0M | 16.6M | |
Net Tangible Assets | 171.5M | 134.7M | 727.9M | 885.4M | 1.0B | 1.1B | |
Property Plant And Equipment Net | 23.9M | 29.5M | 42.0M | 40.5M | 37.6M | 25.9M | |
Current Deferred Revenue | 36.6M | 43.1M | 65.2M | 68.1M | 67.3M | 48.7M | |
Net Debt | (164.4M) | (751.7M) | (893.1M) | (775.0M) | (698.9M) | (663.9M) | |
Retained Earnings | (513.5M) | (637.8M) | (926.2M) | (2.0B) | (2.2B) | (2.1B) | |
Accounts Payable | 12.3M | 65.1M | 78.3M | 68.8M | 33.5M | 37.5M | |
Cash | 211.0M | 807.2M | 953.7M | 800.2M | 722.1M | 514.5M | |
Non Current Assets Total | 245.2M | 1.2B | 2.6B | 1.7B | 1.7B | 1.0B | |
Non Currrent Assets Other | 11.7M | 11.5M | 21.4M | 30.0M | 18.5M | 13.4M | |
Other Assets | 11.9M | 11.7M | 21.6M | 19.6M | 22.6M | 23.7M | |
Cash And Short Term Investments | 211.0M | 807.2M | 953.7M | 800.2M | 722.1M | 514.5M | |
Net Receivables | 10.9M | 24.8M | 45.8M | 84.3M | 74.6M | 78.3M | |
Good Will | 146.6M | 971.9M | 2.1B | 1.4B | 1.3B | 823.1M | |
Long Term Debt Total | 43.2M | 50.3M | 52.9M | 18.6M | 16.7M | 15.9M | |
Liabilities And Stockholders Equity | 478.4M | 2.1B | 3.6B | 2.7B | 2.6B | 1.6B | |
Non Current Liabilities Total | 63.5M | 57.6M | 62.8M | 20.8M | 18.1M | 17.2M | |
Capital Surpluse | 11.8M | 35.9M | 123.8M | 198.0M | 227.7M | 239.1M | |
Inventory | 932K | 1.6M | 7.5M | 12.8M | 16.5M | 17.3M | |
Other Current Assets | 4.6M | 24.2M | 35.5M | 37.0M | 14.8M | 16.6M | |
Other Stockholder Equity | 5.5M | 35.9M | 123.8M | 195.0M | 213.9M | 224.6M | |
Total Liab | 134.3M | 171.0M | 220.7M | 171.3M | 162.8M | 147.6M | |
Property Plant And Equipment Gross | 23.9M | 29.5M | 42.0M | 40.5M | 71.4M | 75.0M | |
Total Current Assets | 233.2M | 857.7M | 1.0B | 934.3M | 917.9M | 586.1M | |
Accumulated Other Comprehensive Income | (6.3M) | 9.7M | 2.7M | (3.1M) | (4.0M) | (3.8M) | |
Non Current Liabilities Other | 18K | 3.2M | 1.0M | 1.0M | 967K | 934.9K | |
Cash And Equivalents | 211.0M | 807.2M | 953.7M | 800.2M | 920.2M | 474.5M | |
Short Term Debt | 3.3M | 5.1M | 7.6M | 6.6M | 6.9M | 7.3M | |
Intangible Assets | 62.8M | 234.5M | 409.6M | 311.5M | 227.0M | 173.2M | |
Common Stock | 852.1M | 2.5B | 4.2B | 4.3B | 4.4B | 2.3B | |
Property Plant Equipment | 23.9M | 29.5M | 42.0M | 40.5M | 46.5M | 23.7M | |
Net Invested Capital | 373.8M | 2.0B | 3.4B | 2.5B | 2.4B | 1.7B |
Pair Trading with Lightspeed Commerce
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Lightspeed Commerce position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Lightspeed Commerce will appreciate offsetting losses from the drop in the long position's value.Moving together with Lightspeed Stock
Moving against Lightspeed Stock
0.74 | DELX | DelphX Capital Markets Earnings Call Today | PairCorr |
The ability to find closely correlated positions to Lightspeed Commerce could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lightspeed Commerce when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Lightspeed Commerce - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Lightspeed Commerce to buy it.
The correlation of Lightspeed Commerce is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lightspeed Commerce moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lightspeed Commerce moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Lightspeed Commerce can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lightspeed Commerce. 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. To learn how to invest in Lightspeed Stock, please use our How to Invest in Lightspeed Commerce guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.