| 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 Long Term Debt and its Cash 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.
Long Term Debt vs Cash
Long Term Debt vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Light Science Techno Long Term Debt account and
Cash. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Light Science's Long Term Debt and Cash is -0.34. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Cash 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 Long Term Debt and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Light Science Technologies are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Long Term Debt i.e., Light Science's Long Term Debt and Cash go up and down completely randomly.
Correlation Coefficient | -0.34 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Long Term Debt
Long-term debt is a debt that Light Science Techno has held for over one year. Long-term debt appears on Light Science Technologies balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Light Science Technologies balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Cash
Cash refers to the most liquid asset of Light Science Techno, which is listed under current asset account on Light Science Technologies balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Light Science customers. The amounts must be unrestricted with restricted cash listed in a different Light Science account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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
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Light Science Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Light Science fundamental ratios Accounts
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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.