| LST Stock | | | 2.35 0.03 1.26% |
Light Science financial indicator trend analysis is infinitely more than just investigating Light Science Techno recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Light Science Techno is a good investment. Please check the relationship between Light Science Capital Lease Obligations and its Net Receivables accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Light Science Technologies. 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.
Capital Lease Obligations vs Net Receivables
Capital Lease Obligations vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Light Science Techno Capital Lease Obligations account and
Net Receivables. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Light Science's Capital Lease Obligations and Net Receivables is -0.58. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Light Science Technologies, assuming nothing else is changed. The correlation between historical values of Light Science's Capital Lease Obligations and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of Light Science Technologies are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Capital Lease Obligations i.e., Light Science's Capital Lease Obligations and Net Receivables go up and down completely randomly.
Correlation Coefficient | -0.58 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Capital Lease Obligations
Light Science Techno capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Light Science asset purchases. For example, Light Science can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Light Science control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
Net Receivables
Most indicators from Light Science's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Light Science Techno 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 Light Science Technologies. 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 January 23, 2025,
Tax Provision is expected to decline to about (201.6
K). In addition to that,
Selling General Administrative is expected to decline to about 2.6
MLight Science fundamental ratios Correlations
Click cells to compare fundamentals
Light Science Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Light Science 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 Light Stock
Balance Sheet is a snapshot of the
financial position of Light Science Techno at a specified time, usually calculated after every quarter, six months, or one year. Light Science Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Light Science 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 Light currently owns. An asset can also be divided into two categories, current and non-current.