LTRYW Stock | | | USD 0.01 0 27.50% |
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 Other Current Assets and its Net Debt 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.
Other Current Assets vs Net Debt
Other Current Assets vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lottery, Warrants Other Current Assets account and
Net Debt. At this time, the significance of the direction appears to have weak relationship.
The correlation between Lottery, Warrants' Other Current Assets and Net Debt is 0.38. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Net Debt 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' Other Current Assets and Net 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 Other Current Assets of Lottery, Warrants are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Other Current Assets i.e., Lottery, Warrants' Other Current Assets and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.38 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
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
(0.68) in 2024.
Lottery, Warrants fundamental ratios Correlations
Click cells to compare fundamentals
Lottery, Warrants Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lottery, Warrants fundamental ratios Accounts
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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.