LTTS Depreciation And Amortization vs Total Current Liabilities Analysis

LTTS Stock   5,307  141.30  2.74%   
LT Technology financial indicator trend analysis is infinitely more than just investigating LT Technology Services recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LT Technology Services is a good investment. Please check the relationship between LT Technology Depreciation And Amortization and its Total Current Liabilities accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LT Technology Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Depreciation And Amortization vs Total Current Liabilities

Depreciation And Amortization vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LT Technology Services Depreciation And Amortization account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between LT Technology's Depreciation And Amortization and Total Current Liabilities is 0.79. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of LT Technology Services, assuming nothing else is changed. The correlation between historical values of LT Technology's Depreciation And Amortization and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of LT Technology Services are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Depreciation And Amortization i.e., LT Technology's Depreciation And Amortization and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Total Current Liabilities

Total Current Liabilities is an item on LT Technology balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of LT Technology Services are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from LT Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LT Technology Services 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 LT Technology Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to drop to about 512 M in 2024. Tax Provision is likely to drop to about 3.1 B in 2024
 2021 2022 2023 2024 (projected)
Other Operating Expenses53.9B65.3B51.1B38.0B
Depreciation And Amortization2.1B2.3B2.7B1.4B

LT Technology fundamental ratios Correlations

0.970.9-0.450.980.870.880.960.440.981.0-0.180.940.740.860.970.970.910.130.770.890.620.70.27-0.12-0.13
0.970.81-0.560.940.90.940.890.40.990.97-0.060.920.650.770.90.940.84-0.020.680.830.480.70.230.1-0.04
0.90.81-0.230.870.710.670.90.40.840.9-0.20.810.830.80.920.850.980.30.830.960.690.720.33-0.31-0.11
-0.45-0.56-0.23-0.52-0.73-0.78-0.42-0.3-0.49-0.470.2-0.3-0.28-0.17-0.38-0.4-0.230.470.07-0.35-0.19-0.05-0.28-0.130.24
0.980.940.87-0.520.910.910.980.470.960.98-0.280.930.710.860.960.970.890.090.670.860.650.550.24-0.21-0.24
0.870.90.71-0.730.910.960.880.460.890.89-0.140.810.690.660.790.850.72-0.190.40.790.440.460.13-0.11-0.17
0.880.940.67-0.780.910.960.840.410.920.89-0.170.830.540.690.810.880.71-0.190.420.720.450.440.180.07-0.19
0.960.890.9-0.420.980.880.840.510.920.97-0.260.90.810.830.950.940.90.180.70.870.650.550.24-0.35-0.22
0.440.40.4-0.30.470.460.410.510.40.45-0.480.370.510.180.480.420.370.010.310.340.510.16-0.1-0.33-0.49
0.980.990.84-0.490.960.890.920.920.40.98-0.110.960.640.850.930.970.880.040.710.840.540.680.190.03-0.09
1.00.970.9-0.470.980.890.890.970.450.98-0.20.930.750.850.970.970.910.120.750.890.620.680.27-0.14-0.14
-0.18-0.06-0.20.2-0.28-0.14-0.17-0.26-0.48-0.11-0.2-0.1-0.05-0.28-0.34-0.22-0.2-0.13-0.07-0.15-0.820.17-0.20.470.95
0.940.920.81-0.30.930.810.830.90.370.960.93-0.10.580.910.890.980.880.120.690.780.520.590.01-0.03-0.11
0.740.650.83-0.280.710.690.540.810.510.640.75-0.050.580.450.730.610.740.270.660.820.470.610.38-0.460.01
0.860.770.8-0.170.860.660.690.830.180.850.85-0.280.910.450.860.920.860.160.660.770.640.520.06-0.19-0.23
0.970.90.92-0.380.960.790.810.950.480.930.97-0.340.890.730.860.940.920.240.810.880.740.670.35-0.25-0.24
0.970.940.85-0.40.970.850.880.940.420.970.97-0.220.980.610.920.940.90.120.70.820.60.580.12-0.11-0.19
0.910.840.98-0.230.890.720.710.90.370.880.91-0.20.880.740.860.920.90.280.810.930.680.670.24-0.24-0.13
0.13-0.020.30.470.09-0.19-0.190.180.010.040.12-0.130.120.270.160.240.120.280.470.120.340.270.46-0.420.02
0.770.680.830.070.670.40.420.70.310.710.75-0.070.690.660.660.810.70.810.470.720.530.80.38-0.10.08
0.890.830.96-0.350.860.790.720.870.340.840.89-0.150.780.820.770.880.820.930.120.720.610.730.28-0.27-0.06
0.620.480.69-0.190.650.440.450.650.510.540.62-0.820.520.470.640.740.60.680.340.530.610.330.37-0.46-0.74
0.70.70.72-0.050.550.460.440.550.160.680.680.170.590.610.520.670.580.670.270.80.730.330.350.140.31
0.270.230.33-0.280.240.130.180.24-0.10.190.27-0.20.010.380.060.350.120.240.460.380.280.370.35-0.13-0.03
-0.120.1-0.31-0.13-0.21-0.110.07-0.35-0.330.03-0.140.47-0.03-0.46-0.19-0.25-0.11-0.24-0.42-0.1-0.27-0.460.14-0.130.38
-0.13-0.04-0.110.24-0.24-0.17-0.19-0.22-0.49-0.09-0.140.95-0.110.01-0.23-0.24-0.19-0.130.020.08-0.06-0.740.31-0.030.38
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LT Technology Account Relationship Matchups

LT Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets43.0B50.7B60.9B69.2B84.9B89.1B
Total Current Liabilities10.4B11.0B13.8B15.1B25.4B26.6B
Total Stockholder Equity27.7B34.7B41.6B49.5B53.3B26.8B
Net Debt2.1B3.1B2.4B(804M)(4.6B)(4.4B)
Retained Earnings17.3B21.8B27.7B36.2B44.7B47.0B
Accounts Payable2.0B2.4B2.6B12.4B14.1B14.8B
Cash2.2B1.8B2.3B5.3B11.2B11.8B
Cash And Short Term Investments8.5B17.5B20.7B30.2B26.8B28.2B
Liabilities And Stockholders Equity43.0B50.7B60.9B69.2B84.9B89.1B
Other Stockholder Equity(17.6B)11.2B11.4B11.5B11.9B12.5B
Total Liab15.3B15.9B19.1B19.5B31.4B33.0B
Total Current Assets29.1B35.0B43.3B51.4B62.3B65.4B
Accumulated Other Comprehensive Income(1.8B)1.5B2.3B1.6B(3.6B)(3.4B)
Common Stock208M209M210M211M212M201.4M
Short Long Term Debt Total4.3B4.8B4.8B4.5B6.6B6.9B
Other Current Liab(740M)6.8B9.1B16.2B9.2B6.5B
Other Liab194M1.6B900M1.1B1.2B1.3B
Net Tangible Assets18.4B21.5B28.2B35.2B40.5B42.5B
Property Plant And Equipment Net5.7B6.4B6.5B6.6B10.0B10.5B
Non Current Assets Total13.9B15.7B17.7B17.8B22.6B13.1B
Non Currrent Assets Other1.5B14.7B3.7B2.9B(1.6B)(1.5B)
Other Assets1.8B2.8B3.9B2.0B2.3B2.0B
Net Receivables19.1B14.8B19.6B32.8B32.6B17.8B
Good Will5.5B5.8B5.9B6.0B6.0B5.2B
Common Stock Shares Outstanding105.4M105.4M105.5M105.9M106.0M105.1M
Other Current Assets1M2.8B3.0B3.0B2.8B3.1B
Short Term Debt996M(236M)495M(1.8B)1.4B1.5B
Intangible Assets686M737M549M393M213M202.4M
Property Plant Equipment5.7B6.4B6.5B6.6B7.6B8.0B
Current Deferred Revenue8.2B4.9B6.6B7.1B617M586.2M
Short Term Investments6.4B15.7B18.3B24.8B8.8B9.3B
Non Current Liabilities Total4.9B4.9B5.4B4.3B6.0B6.3B
Inventory(5.2B)(12.0B)(5.6B)(12.0B)33M34.7M
Long Term Debt Total3.3B4.0B4.3B3.7B4.3B2.4B
Capital Surpluse11.0B11.2B11.4B11.5B13.2B12.1B
Cash And Equivalents37M191M518M6.9B7.9B8.3B
Net Invested Capital28.0B34.7B41.6B49.5B53.3B39.7B
Net Working Capital18.7B24.0B29.5B36.3B36.9B26.9B

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