Lindsell Total Assets vs Other Current Assets Analysis
LTI Stock | 708.00 7.00 0.98% |
Lindsell Train financial indicator trend analysis is infinitely more than just investigating Lindsell Train Investment recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lindsell Train Investment is a good investment. Please check the relationship between Lindsell Train Total Assets and its Other Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lindsell Train Investment. 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.
Total Assets vs Other Current Assets
Total Assets vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lindsell Train Investment Total Assets account and Other Current Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Lindsell Train's Total Assets and Other Current Assets is -0.59. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Lindsell Train Investment, assuming nothing else is changed. The correlation between historical values of Lindsell Train's Total Assets and Other 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 Total Assets of Lindsell Train Investment are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Total Assets i.e., Lindsell Train's Total Assets and Other Current Assets go up and down completely randomly.
Correlation Coefficient | -0.59 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Total Assets
Total assets refers to the total amount of Lindsell Train assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Lindsell Train Investment books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Most indicators from Lindsell Train's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lindsell Train Investment 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 Lindsell Train Investment. 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. The current year's Selling General Administrative is expected to grow to about 1 M, whereas Tax Provision is forecasted to decline to about 78 K.
Lindsell Train fundamental ratios Correlations
Click cells to compare fundamentals
Lindsell Train Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lindsell Train fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 191.5M | 240.0M | 223.0M | 211.6M | 205.6M | 113.9M | |
Other Current Liab | 153K | 2.9M | 228K | 239K | 303K | 318.2K | |
Total Current Liabilities | 153K | 2.9M | 228K | 239K | 303K | 287.9K | |
Total Stockholder Equity | 191.3M | 237.1M | 222.8M | 211.4M | 205.3M | 109.9M | |
Net Debt | (5.4M) | (5.5M) | (6.7M) | (8.0M) | (6.0M) | (5.7M) | |
Cash | 5.4M | 5.5M | 6.7M | 8.0M | 6.0M | 6.3M | |
Non Current Assets Total | 185.7M | 233.9M | 215.8M | 203.1M | 199.1M | 109.3M | |
Non Currrent Assets Other | (185.7M) | (233.9M) | (215.8M) | (203.1M) | (199.1M) | (189.1M) | |
Cash And Short Term Investments | 5.4M | 5.5M | 6.7M | 8.0M | 6.0M | 6.3M | |
Net Receivables | 15K | 31K | 14K | 1K | 5K | 4.8K | |
Liabilities And Stockholders Equity | 191.5M | 240.0M | 223.0M | 211.6M | 205.6M | 113.9M | |
Other Stockholder Equity | (167.7M) | (170.9M) | (195.4M) | (184.1M) | 205.1M | 215.4M | |
Total Liab | 153K | 2.9M | 228K | 239K | 303K | 287.9K | |
Total Current Assets | 5.8M | 6.1M | 7.2M | 8.5M | 6.5M | 4.5M | |
Retained Earnings | 167.5M | 170.7M | 195.3M | 183.9M | 23.3M | 22.1M | |
Non Current Liabilities Total | 153K | 2.9M | 228K | 239K | 303K | 287.9K | |
Inventory | (15K) | (31K) | (14K) | (999.0) | 6.1M | 6.4M | |
Other Current Assets | 415K | 561K | 513K | 491K | 478K | 478.5K | |
Accumulated Other Comprehensive Income | 23.7M | 66.2M | 27.3M | 27.3M | 181.8M | 190.9M | |
Other Assets | 293K | 415K | 561K | 513K | 473K | 449.4K | |
Net Tangible Assets | 179.2M | 191.3M | 237.1M | 222.8M | 256.2M | 174.2M | |
Long Term Investments | 185.7M | 233.9M | 215.8M | 203.1M | 199.1M | 181.7M |
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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 Lindsell Stock
Balance Sheet is a snapshot of the financial position of Lindsell Train Investment at a specified time, usually calculated after every quarter, six months, or one year. Lindsell Train Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Lindsell Train 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 Lindsell currently owns. An asset can also be divided into two categories, current and non-current.