Lantronix Gross Profit vs Net Interest Income Analysis

LTRX Stock  USD 2.92  0.05  1.74%   
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 Gross Profit and its Net Interest Income 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.

Gross Profit vs Net Interest Income

Gross Profit vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lantronix Gross Profit account and Net Interest Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Lantronix's Gross Profit and Net Interest Income is -0.88. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Lantronix, assuming nothing else is changed. The correlation between historical values of Lantronix's Gross Profit and Net Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Lantronix are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Gross Profit i.e., Lantronix's Gross Profit and Net Interest Income go up and down completely randomly.

Correlation Coefficient

-0.88
Relationship DirectionNegative 
Relationship StrengthSignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Lantronix minus its cost of goods sold. It is profit before Lantronix operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
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
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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 Other3.6M240K325K472K600K565.8K
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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