Lantronix Cost Of Revenue vs Research Development Analysis

LTRX Stock  USD 2.86  0.06  2.05%   
Lantronix financial indicator trend analysis is infinitely more than just investigating Lantronix recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lantronix is a good investment. Please check the relationship between Lantronix Cost Of Revenue and its Research Development accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lantronix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Lantronix Stock please use our How to Invest in Lantronix guide.

Cost Of Revenue vs Research Development

Cost Of Revenue vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lantronix Cost Of Revenue account and Research Development. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Lantronix's Cost Of Revenue and Research Development is 0.97. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Research Development in the same time period over historical financial statements of Lantronix, assuming nothing else is changed. The correlation between historical values of Lantronix's Cost Of Revenue and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Lantronix are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Cost Of Revenue i.e., Lantronix's Cost Of Revenue and Research Development go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cost Of Revenue

Cost of Revenue is found on Lantronix income statement and represents the costs associated with goods and services Lantronix provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Research Development

Most indicators from Lantronix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lantronix 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 Lantronix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Lantronix Stock please use our How to Invest in Lantronix guide.At this time, Lantronix's Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.44 in 2024, whereas Selling General Administrative is likely to drop slightly above 18.2 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit55.6M56.3M64.4M67.6M
Total Revenue129.7M131.2M160.3M168.3M

Lantronix fundamental ratios Correlations

0.940.780.880.990.970.69-0.520.810.790.980.210.790.990.950.980.950.770.630.990.990.940.180.78-0.10.98
0.940.620.720.940.950.71-0.420.640.850.910.170.850.960.880.970.830.640.480.920.940.95-0.080.68-0.180.93
0.780.620.930.710.790.65-0.370.650.370.790.140.370.720.70.760.90.560.570.840.760.730.20.670.190.78
0.880.720.930.840.860.68-0.420.870.490.880.140.490.840.80.850.950.780.660.920.870.790.260.80.140.87
0.990.940.710.840.940.62-0.550.80.830.970.260.830.990.960.960.90.760.650.960.980.920.210.76-0.170.97
0.970.950.790.860.940.75-0.440.750.760.930.050.760.970.880.990.940.710.540.980.970.940.030.72-0.050.97
0.690.710.650.680.620.75-0.20.510.230.750.280.230.670.570.760.730.510.290.750.640.75-0.140.630.260.68
-0.52-0.42-0.37-0.42-0.55-0.44-0.2-0.37-0.44-0.56-0.16-0.44-0.45-0.68-0.44-0.47-0.2-0.92-0.46-0.48-0.39-0.64-0.070.47-0.44
0.810.640.650.870.80.750.51-0.370.50.790.080.50.790.720.750.840.940.60.810.810.640.390.750.10.8
0.790.850.370.490.830.760.23-0.440.50.70.021.00.830.780.770.60.50.440.710.820.75-0.010.47-0.450.79
0.980.910.790.880.970.930.75-0.560.790.70.350.70.960.950.950.930.760.670.970.950.930.220.77-0.080.94
0.210.170.140.140.260.050.28-0.160.080.020.350.020.180.270.160.130.090.220.150.130.20.250.3-0.010.16
0.790.850.370.490.830.760.23-0.440.51.00.70.020.830.780.770.60.50.440.710.820.75-0.010.47-0.450.79
0.990.960.720.840.990.970.67-0.450.790.830.960.180.830.940.980.910.770.560.970.990.950.070.79-0.120.97
0.950.880.70.80.960.880.57-0.680.720.780.950.270.780.940.890.850.650.750.90.930.880.270.7-0.270.89
0.980.970.760.850.960.990.76-0.440.750.770.950.160.770.980.890.940.720.540.980.980.940.050.75-0.070.98
0.950.830.90.950.90.940.73-0.470.840.60.930.130.60.910.850.940.750.630.980.940.840.270.760.080.95
0.770.640.560.780.760.710.51-0.20.940.50.760.090.50.770.650.720.750.40.770.770.680.230.780.120.76
0.630.480.570.660.650.540.29-0.920.60.440.670.220.440.560.750.540.630.40.590.60.470.650.32-0.330.57
0.990.920.840.920.960.980.75-0.460.810.710.970.150.710.970.90.980.980.770.590.980.930.140.78-0.010.98
0.990.940.760.870.980.970.64-0.480.810.820.950.130.820.990.930.980.940.770.60.980.920.150.77-0.110.99
0.940.950.730.790.920.940.75-0.390.640.750.930.20.750.950.880.940.840.680.470.930.92-0.110.74-0.10.9
0.18-0.080.20.260.210.03-0.14-0.640.39-0.010.220.25-0.010.070.270.050.270.230.650.140.15-0.110.0-0.130.15
0.780.680.670.80.760.720.63-0.070.750.470.770.30.470.790.70.750.760.780.320.780.770.740.00.010.78
-0.1-0.180.190.14-0.17-0.050.260.470.1-0.45-0.08-0.01-0.45-0.12-0.27-0.070.080.12-0.33-0.01-0.11-0.1-0.130.01-0.06
0.980.930.780.870.970.970.68-0.440.80.790.940.160.790.970.890.980.950.760.570.980.990.90.150.78-0.06
Click cells to compare fundamentals

Lantronix Account Relationship Matchups

Lantronix fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets67.9M72.6M137.4M151.6M136.2M143.0M
Short Long Term Debt Total5.2M3.7M15.9M19.0M26.6M27.9M
Other Current Liab7.7M9.9M10.9M26.2M11.3M8.4M
Total Current Liabilities15.8M22.9M35.5M46.4M30.2M17.4M
Total Stockholder Equity46.5M46.1M79.9M77.6M81.4M85.4M
Property Plant And Equipment Net1.6M4.0M11.7M16.2M13.6M14.3M
Net Debt(2.5M)(6.1M)(1.3M)5.5M314K329.7K
Retained Earnings(200.1M)(204.2M)(209.5M)(218.5M)(223.0M)(234.2M)
Accounts Payable5.3M9.1M20.6M12.4M10.3M6.9M
Cash7.7M9.7M17.2M13.5M26.2M27.5M
Non Current Assets Total33.4M29.4M47.3M55.1M47.3M49.6M
Non Currrent Assets Other3.6M240K325K472K600.0K565.8K
Cash And Short Term Investments7.7M9.7M17.2M13.5M26.2M27.5M
Net Receivables11.7M15.5M29.7M30.7M32.7M34.3M
Common Stock Shares Outstanding25.3M28.7M32.7M36.3M37.4M39.3M
Liabilities And Stockholders Equity67.9M72.6M137.4M151.6M136.2M143.0M
Non Current Liabilities Total5.6M3.6M22.0M27.7M24.7M25.9M
Inventory13.8M15.1M37.7M49.7M27.7M29.1M
Other Current Assets1.3M2.9M5.4M2.7M2.3M2.3M
Other Stockholder Equity246.3M249.9M289.0M295.7M304.0M212.9M
Total Liab21.4M26.5M57.5M74.1M54.9M57.6M
Total Current Assets34.5M43.2M90.0M96.6M89.0M93.4M
Short Term Debt1.5M2.6M2.6M4.6M4.8M5.0M
Other Assets232K240K325K472K1.00.95
Property Plant Equipment4.9M4.0M11.7M16.2M18.6M19.6M
Property Plant And Equipment Gross1.6M4.0M11.7M16.2M20.9M21.9M
Other Liab166K1.4M373K1.0M1.2M1.2M
Current Deferred Revenue1.3M2.0M1.9M2.4M3.0M1.6M
Net Tangible Assets18.3M92.2M44.6M39.2M45.0M27.5M
Retained Earnings Total Equity(189.4M)(200.1M)(204.2M)(209.5M)(188.6M)(198.0M)
Capital Surpluse226.3M246.3M249.9M289.0M332.4M246.3M
Capital Lease Obligations3.1M2.3M8.3M12.3M10.3M10.8M

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