Lottery, Net Tangible Assets vs Good Will Analysis

LTRY Stock  USD 0.59  0.28  90.32%   
Lottery, Common financial indicator trend analysis is infinitely more than just investigating Lottery, Common Stock recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lottery, Common Stock is a good investment. Please check the relationship between Lottery, Common Net Tangible Assets and its Good Will accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lottery, Common Stock. 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.

Net Tangible Assets vs Good Will

Net Tangible Assets vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lottery, Common Stock Net Tangible Assets account and Good Will. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Lottery, Common's Net Tangible Assets and Good Will is 0.57. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Good Will in the same time period over historical financial statements of Lottery, Common Stock, assuming nothing else is changed. The correlation between historical values of Lottery, Common's Net Tangible Assets and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Lottery, Common Stock are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Net Tangible Assets i.e., Lottery, Common's Net Tangible Assets and Good Will go up and down completely randomly.

Correlation Coefficient

0.57
Relationship DirectionPositive 
Relationship StrengthWeak

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Lottery, Common's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lottery, Common Stock 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 Lottery, Common Stock. 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.
At this time, Lottery, Common's Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to rise to about 26.4 M in 2025, whereas Issuance Of Capital Stock is likely to drop slightly above 38.1 K in 2025.
 2022 2023 2024 2025 (projected)
Interest Expense764.8K376.1K338.5K321.6K
Depreciation And Amortization5.6M5.7M6.5M4.1M

Lottery, Common fundamental ratios Correlations

-0.7-0.94-0.43-0.310.870.00.970.870.0-0.740.83-0.8-0.9-0.94-0.490.950.480.67-0.620.73-0.41-0.58-0.570.78-0.22
-0.70.740.440.1-0.89-0.01-0.67-0.71-0.010.85-0.790.660.840.720.38-0.72-0.73-0.860.89-0.87-0.020.770.97-0.780.19
-0.940.740.370.3-0.86-0.01-0.91-0.86-0.010.8-0.870.920.860.990.45-0.89-0.44-0.680.62-0.770.550.630.64-0.840.1
-0.430.440.37-0.71-0.580.83-0.62-0.790.830.52-0.720.240.720.280.94-0.68-0.79-0.780.75-0.740.020.160.25-0.710.81
-0.310.10.3-0.71-0.1-0.92-0.060.16-0.920.060.10.38-0.040.39-0.65-0.010.40.26-0.250.170.240.330.180.12-0.55
0.87-0.89-0.86-0.58-0.1-0.070.860.88-0.07-0.940.92-0.79-0.96-0.82-0.50.90.80.92-0.90.94-0.13-0.8-0.770.9-0.38
0.0-0.01-0.010.83-0.92-0.07-0.26-0.431.00.05-0.33-0.160.27-0.090.86-0.28-0.41-0.360.31-0.320.04-0.33-0.14-0.330.6
0.97-0.67-0.91-0.62-0.060.86-0.260.96-0.26-0.720.88-0.74-0.94-0.89-0.690.990.560.74-0.680.79-0.42-0.47-0.510.84-0.38
0.87-0.71-0.86-0.790.160.88-0.430.96-0.43-0.780.96-0.73-0.96-0.8-0.810.980.70.86-0.80.9-0.39-0.47-0.530.94-0.54
0.0-0.01-0.010.83-0.92-0.071.0-0.26-0.430.05-0.33-0.160.27-0.090.86-0.28-0.41-0.360.31-0.320.04-0.33-0.14-0.330.6
-0.740.850.80.520.06-0.940.05-0.72-0.780.05-0.860.80.870.750.39-0.77-0.83-0.90.88-0.910.080.90.73-0.860.31
0.83-0.79-0.87-0.720.10.92-0.330.880.96-0.33-0.86-0.83-0.95-0.81-0.710.920.730.92-0.850.96-0.4-0.59-0.621.0-0.51
-0.80.660.920.240.38-0.79-0.16-0.74-0.73-0.160.8-0.830.730.910.27-0.74-0.38-0.640.56-0.740.620.680.55-0.830.12
-0.90.840.860.72-0.04-0.960.27-0.94-0.960.270.87-0.950.730.810.69-0.97-0.78-0.920.89-0.940.210.640.69-0.920.5
-0.940.720.990.280.39-0.82-0.09-0.89-0.8-0.090.75-0.810.910.810.38-0.86-0.36-0.610.55-0.710.560.610.63-0.780.02
-0.490.380.450.94-0.65-0.50.86-0.69-0.810.860.39-0.710.270.690.38-0.71-0.59-0.660.61-0.660.25-0.020.21-0.70.68
0.95-0.72-0.89-0.68-0.010.9-0.280.990.98-0.28-0.770.92-0.74-0.97-0.86-0.710.640.81-0.750.85-0.35-0.52-0.550.88-0.45
0.48-0.73-0.44-0.790.40.8-0.410.560.7-0.41-0.830.73-0.38-0.78-0.36-0.590.640.93-0.950.870.3-0.67-0.590.73-0.63
0.67-0.86-0.68-0.780.260.92-0.360.740.86-0.36-0.90.92-0.64-0.92-0.61-0.660.810.93-0.990.99-0.01-0.7-0.710.92-0.59
-0.620.890.620.75-0.25-0.90.31-0.68-0.80.310.88-0.850.560.890.550.61-0.75-0.95-0.99-0.96-0.120.710.77-0.860.57
0.73-0.87-0.77-0.740.170.94-0.320.790.9-0.32-0.910.96-0.74-0.94-0.71-0.660.850.870.99-0.96-0.16-0.69-0.730.97-0.53
-0.41-0.020.550.020.24-0.130.04-0.42-0.390.040.08-0.40.620.210.560.25-0.350.3-0.01-0.12-0.16-0.14-0.1-0.4-0.04
-0.580.770.630.160.33-0.8-0.33-0.47-0.47-0.330.9-0.590.680.640.61-0.02-0.52-0.67-0.70.71-0.69-0.140.73-0.590.05
-0.570.970.640.250.18-0.77-0.14-0.51-0.53-0.140.73-0.620.550.690.630.21-0.55-0.59-0.710.77-0.73-0.10.73-0.63-0.02
0.78-0.78-0.84-0.710.120.9-0.330.840.94-0.33-0.861.0-0.83-0.92-0.78-0.70.880.730.92-0.860.97-0.4-0.59-0.63-0.51
-0.220.190.10.81-0.55-0.380.6-0.38-0.540.60.31-0.510.120.50.020.68-0.45-0.63-0.590.57-0.53-0.040.05-0.02-0.51
Click cells to compare fundamentals

Lottery, Common Account Relationship Matchups

Lottery, Common fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets50.7M147.2M79.4M64.4M57.9M79.0M
Other Current Liab3.0M4.7M5.7M13.5M15.6M16.3M
Total Current Liabilities34.1M10.1M17.6M27.9M32.1M19.8M
Total Stockholder Equity16.6M134.4M59.4M34.5M39.7M49.6M
Net Debt17.3M(58.9M)3.7M5.7M5.1M5.4M
Retained Earnings(95.1M)(104.4M)(208.2M)(235.1M)(211.6M)(201.0M)
Cash3.8M62.6M102.8K359.8K413.8K393.1K
Non Current Assets Total17.2M48.7M58.9M44.1M39.7M52.7M
Non Currrent Assets Other(217.1K)(48.7M)13.0M14.9M13.4M12.7M
Cash And Short Term Investments3.8M62.6M102.8K359.8K413.8K393.1K
Common Stock Shares Outstanding1.1M1.3M2.5M2.6M3.0M1.6M
Liabilities And Stockholders Equity50.7M147.2M79.4M64.4M57.9M79.0M
Other Current Assets29.8M226.2K20.1M19.9M22.9M13.0M
Other Stockholder Equity111.8M238.8M267.5M269.7M310.1M325.7M
Total Liab34.1M10.1M17.6M27.8M31.9M21.4M
Total Current Assets33.6M98.5M20.4M20.3M23.4M36.2M
Short Long Term Debt Total21.1M3.8M3.8M6.0M5.4M8.2M
Property Plant And Equipment Net671.0K141.3K108.1K21.3K19.2K18.2K
Current Deferred Revenue7.8M662.3K464.3K357.1K321.4K305.4K
Accounts Payable2.2M1.0M7.6M8.0M9.2M4.7M
Net Invested Capital37.7M138.1M63.2M41.9M48.1M69.9M
Short Long Term Debt21.1M3.8M3.8M6.1M5.5M7.5M
Net Working Capital(484.3K)88.3M2.9M(7.7M)(6.9M)(6.6M)
Short Term Debt21.1M3.8M3.8M5.9M5.3M7.5M
Intangible Assets3.2M28.7M24.0M17.7M20.3M17.1M

Also Currently Popular

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.

Additional Tools for Lottery, Stock Analysis

When running Lottery, Common's price analysis, check to measure Lottery, Common's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lottery, Common is operating at the current time. Most of Lottery, Common's value examination focuses on studying past and present price action to predict the probability of Lottery, Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lottery, Common's price. Additionally, you may evaluate how the addition of Lottery, Common to your portfolios can decrease your overall portfolio volatility.