Lottery, Net Income vs Change In Working Capital Analysis

LTRYW Stock  USD 0.01  0  12.50%   
Lottery, Warrants financial indicator trend analysis is infinitely more than just investigating Lottery, Warrants recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lottery, Warrants is a good investment. Please check the relationship between Lottery, Warrants Net Income and its Change In Working Capital accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lottery, Warrants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Lottery, Stock please use our How to Invest in Lottery, Warrants guide.

Net Income vs Change In Working Capital

Net Income vs Change In Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lottery, Warrants Net Income account and Change In Working Capital. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Lottery, Warrants' Net Income and Change In Working Capital is -0.01. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change In Working Capital in the same time period over historical financial statements of Lottery, Warrants, assuming nothing else is changed. The correlation between historical values of Lottery, Warrants' Net Income and Change In Working Capital 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 Income of Lottery, Warrants are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Net Income i.e., Lottery, Warrants' Net Income and Change In Working Capital go up and down completely randomly.

Correlation Coefficient

-0.01
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Lottery, Warrants financial statement analysis. It represents the amount of money remaining after all of Lottery, Warrants operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.
Most indicators from Lottery, Warrants' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lottery, Warrants 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, Warrants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Lottery, Stock please use our How to Invest in Lottery, Warrants guide.At this time, Lottery, Warrants' Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 26.4 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (0.70) in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense18.1M764.8K376.1K357.3K
Depreciation And Amortization4.3M5.6M5.7M4.1M

Lottery, Warrants fundamental ratios Correlations

-0.67-0.94-0.42-0.30.85-0.030.960.86-0.03-0.710.8-0.77-0.89-0.94-0.490.950.40.69-0.46-0.5-0.490.75-0.36-0.230.44
-0.670.680.470.06-0.910.05-0.66-0.710.050.82-0.780.590.750.650.42-0.72-0.7-0.870.020.70.95-0.780.430.35-0.89
-0.940.680.370.29-0.820.03-0.92-0.850.030.73-0.860.90.840.990.48-0.9-0.32-0.730.650.490.53-0.820.270.19-0.45
-0.420.470.37-0.72-0.590.85-0.63-0.790.850.56-0.730.220.750.260.94-0.68-0.82-0.770.020.120.23-0.730.870.97-0.23
-0.30.060.29-0.72-0.08-0.92-0.040.19-0.920.010.140.38-0.120.39-0.660.010.470.230.250.350.160.16-0.54-0.83-0.16
0.85-0.91-0.82-0.59-0.08-0.110.840.87-0.11-0.930.9-0.74-0.93-0.77-0.520.890.760.93-0.16-0.76-0.740.88-0.6-0.410.68
-0.030.050.030.85-0.92-0.11-0.29-0.471.00.11-0.37-0.140.37-0.060.87-0.32-0.48-0.380.04-0.35-0.11-0.380.590.910.12
0.96-0.66-0.92-0.63-0.040.84-0.290.95-0.29-0.710.87-0.71-0.94-0.89-0.70.990.510.77-0.45-0.39-0.440.82-0.51-0.460.41
0.86-0.71-0.85-0.790.190.87-0.470.95-0.47-0.780.96-0.7-0.97-0.79-0.830.970.670.9-0.42-0.39-0.470.93-0.68-0.660.43
-0.030.050.030.85-0.92-0.111.0-0.29-0.470.11-0.37-0.140.37-0.060.87-0.32-0.48-0.380.04-0.35-0.11-0.380.590.910.12
-0.710.820.730.560.01-0.930.11-0.71-0.780.11-0.870.750.870.670.43-0.77-0.8-0.910.130.860.64-0.870.580.37-0.51
0.8-0.78-0.86-0.730.140.9-0.370.870.96-0.37-0.87-0.81-0.94-0.79-0.730.910.690.96-0.45-0.52-0.561.0-0.68-0.60.52
-0.770.590.90.220.38-0.74-0.14-0.71-0.7-0.140.75-0.810.70.890.26-0.71-0.27-0.690.70.60.44-0.810.260.05-0.37
-0.890.750.840.75-0.12-0.930.37-0.94-0.970.370.87-0.940.70.780.73-0.97-0.75-0.90.280.560.51-0.90.670.59-0.44
-0.940.650.990.260.39-0.77-0.06-0.89-0.79-0.060.67-0.790.890.780.4-0.86-0.23-0.650.660.470.52-0.750.170.08-0.45
-0.490.420.480.94-0.66-0.520.87-0.7-0.830.870.43-0.730.260.730.4-0.73-0.61-0.690.26-0.080.2-0.720.730.92-0.21
0.95-0.72-0.9-0.680.010.89-0.320.990.97-0.32-0.770.91-0.71-0.97-0.86-0.730.60.84-0.39-0.45-0.490.87-0.59-0.520.45
0.4-0.7-0.32-0.820.470.76-0.480.510.67-0.48-0.80.69-0.27-0.75-0.23-0.610.60.840.3-0.61-0.510.7-0.83-0.730.44
0.69-0.87-0.73-0.770.230.93-0.380.770.9-0.38-0.910.96-0.69-0.9-0.65-0.690.840.84-0.2-0.62-0.670.96-0.74-0.650.62
-0.460.020.650.020.25-0.160.04-0.45-0.420.040.13-0.450.70.280.660.26-0.390.3-0.2-0.13-0.08-0.45-0.05-0.030.07
-0.50.70.490.120.35-0.76-0.35-0.39-0.39-0.350.86-0.520.60.560.47-0.08-0.45-0.61-0.62-0.130.63-0.520.27-0.07-0.49
-0.490.950.530.230.16-0.74-0.11-0.44-0.47-0.110.64-0.560.440.510.520.2-0.49-0.51-0.67-0.080.63-0.560.170.14-0.95
0.75-0.78-0.82-0.730.160.88-0.380.820.93-0.38-0.871.0-0.81-0.9-0.75-0.720.870.70.96-0.45-0.52-0.56-0.68-0.60.52
-0.360.430.270.87-0.54-0.60.59-0.51-0.680.590.58-0.680.260.670.170.73-0.59-0.83-0.74-0.050.270.17-0.680.85-0.25
-0.230.350.190.97-0.83-0.410.91-0.46-0.660.910.37-0.60.050.590.080.92-0.52-0.73-0.65-0.03-0.070.14-0.60.85-0.18
0.44-0.89-0.45-0.23-0.160.680.120.410.430.12-0.510.52-0.37-0.44-0.45-0.210.450.440.620.07-0.49-0.950.52-0.25-0.18
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Lottery, Warrants Account Relationship Matchups

Lottery, Warrants fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets41.8M50.7M147.2M79.4M65.9M79.2M
Other Current Liab2.4M3.0M4.7M5.7M13.5M14.1M
Total Current Liabilities17.3M34.1M10.1M17.6M27.9M19.8M
Total Stockholder Equity20.4M16.6M134.4M59.4M35.8M49.8M
Net Debt16.1M17.3M(58.9M)3.7M5.7M6.0M
Retained Earnings(89.3M)(95.1M)(104.4M)(208.2M)(233.8M)(222.1M)
Cash158.5K3.8M62.6M102.8K359.8K341.8K
Non Current Assets Total18.6M17.2M48.7M58.9M44.1M52.7M
Non Currrent Assets Other74.4M(217.1K)(48.7M)13.0M13.2M12.6M
Cash And Short Term Investments158.5K3.8M62.6M102.8K359.8K341.8K
Common Stock Shares Outstanding598.4K1.1M1.3M2.5M2.7M1.6M
Liabilities And Stockholders Equity41.8M50.7M147.2M79.4M65.9M79.2M
Other Current Assets800.1K29.8M226.2K20.1M19.8M13.0M
Other Stockholder Equity109.7M111.8M238.8M267.5M269.7M147.2M
Total Liab21.4M34.1M10.1M17.6M27.9M21.5M
Total Current Assets23.3M33.6M98.5M20.4M20.2M36.2M

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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.

Additional Tools for Lottery, Stock Analysis

When running Lottery, Warrants' price analysis, check to measure Lottery, Warrants' 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, Warrants is operating at the current time. Most of Lottery, Warrants' value examination focuses on studying past and present price action to predict the probability of Lottery, Warrants' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lottery, Warrants' price. Additionally, you may evaluate how the addition of Lottery, Warrants to your portfolios can decrease your overall portfolio volatility.