Lantronix Property Plant And Equipment Net vs Short Term Debt Analysis

LTRX Stock  USD 2.95  0.09  3.15%   
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 Property Plant And Equipment Net and its Short Term Debt 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.

Property Plant And Equipment Net vs Short Term Debt

Property Plant And Equipment Net vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lantronix Property Plant And Equipment Net account and Short Term Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Lantronix's Property Plant And Equipment Net and Short Term Debt is 0.94. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Lantronix, assuming nothing else is changed. The correlation between historical values of Lantronix's Property Plant And Equipment Net and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Lantronix are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Property Plant And Equipment Net i.e., Lantronix's Property Plant And Equipment Net and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Short Term Debt

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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