LTTS Non Current Assets Total vs Non Currrent Assets Other Analysis

LTTS Stock   5,490  31.55  0.58%   
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 Non Current Assets Total and its Non Currrent Assets Other 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.

Non Current Assets Total vs Non Currrent Assets Other

Non Current Assets Total vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LT Technology Services Non Current Assets Total account and Non Currrent Assets Other. At this time, the significance of the direction appears to have very week relationship.
The correlation between LT Technology's Non Current Assets Total and Non Currrent Assets Other is 0.28. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Non Currrent Assets Other 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 Non Current Assets Total and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of LT Technology Services are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Non Current Assets Total i.e., LT Technology's Non Current Assets Total and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.28
Relationship DirectionPositive 
Relationship StrengthVery Weak

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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

0.970.9-0.450.980.870.880.960.680.981.0-0.180.940.830.860.970.970.910.130.770.890.620.70.24-0.12-0.13
0.970.81-0.560.940.90.940.890.550.990.97-0.060.920.730.770.90.940.84-0.020.680.830.480.70.30.1-0.04
0.90.81-0.230.870.710.670.90.780.840.9-0.20.810.920.80.920.850.980.30.830.970.690.720.25-0.31-0.11
-0.45-0.56-0.23-0.52-0.73-0.78-0.42-0.16-0.49-0.470.2-0.3-0.18-0.17-0.38-0.4-0.230.470.07-0.36-0.19-0.050.17-0.130.24
0.980.940.87-0.520.910.910.980.640.960.98-0.280.930.790.860.960.970.890.090.670.860.650.550.13-0.21-0.24
0.870.90.71-0.730.910.960.880.410.890.89-0.120.810.710.660.790.850.72-0.190.40.80.430.460.15-0.1-0.15
0.880.940.67-0.780.910.960.840.440.920.89-0.170.830.580.690.810.880.71-0.190.420.730.450.440.110.07-0.19
0.960.890.9-0.420.980.880.840.650.920.97-0.260.90.860.830.950.940.90.180.70.880.650.550.14-0.35-0.22
0.680.550.78-0.160.640.410.440.650.590.67-0.640.520.670.640.80.610.730.370.710.710.90.60.13-0.38-0.46
0.980.990.84-0.490.960.890.920.920.590.98-0.110.960.750.850.930.970.880.040.710.840.540.680.270.03-0.09
1.00.970.9-0.470.980.890.890.970.670.98-0.20.930.830.850.970.970.910.120.750.890.620.680.22-0.14-0.14
-0.18-0.06-0.20.2-0.28-0.12-0.17-0.26-0.64-0.11-0.2-0.1-0.09-0.28-0.34-0.22-0.2-0.13-0.07-0.15-0.820.170.140.470.95
0.940.920.81-0.30.930.810.830.90.520.960.93-0.10.720.910.890.980.880.120.690.790.520.590.29-0.03-0.11
0.830.730.92-0.180.790.710.580.860.670.750.83-0.090.720.710.830.740.860.230.740.940.550.730.28-0.440.0
0.860.770.8-0.170.860.660.690.830.640.850.85-0.280.910.710.860.920.860.160.660.770.640.520.18-0.19-0.23
0.970.90.92-0.380.960.790.810.950.80.930.97-0.340.890.830.860.940.920.240.810.880.740.670.15-0.25-0.24
0.970.940.85-0.40.970.850.880.940.610.970.97-0.220.980.740.920.940.90.120.70.820.60.580.17-0.11-0.19
0.910.840.98-0.230.890.720.710.90.730.880.91-0.20.880.860.860.920.90.280.810.940.680.670.25-0.23-0.13
0.13-0.020.30.470.09-0.19-0.190.180.370.040.12-0.130.120.230.160.240.120.280.470.120.340.270.1-0.420.02
0.770.680.830.070.670.40.420.70.710.710.75-0.070.690.740.660.810.70.810.470.710.530.80.29-0.10.08
0.890.830.97-0.360.860.80.730.880.710.840.89-0.150.790.940.770.880.820.940.120.710.620.710.26-0.29-0.08
0.620.480.69-0.190.650.430.450.650.90.540.62-0.820.520.550.640.740.60.680.340.530.620.330.17-0.46-0.74
0.70.70.72-0.050.550.460.440.550.60.680.680.170.590.730.520.670.580.670.270.80.710.330.540.140.31
0.240.30.250.170.130.150.110.140.130.270.220.140.290.280.180.150.170.250.10.290.260.170.540.340.03
-0.120.1-0.31-0.13-0.21-0.10.07-0.35-0.380.03-0.140.47-0.03-0.44-0.19-0.25-0.11-0.23-0.42-0.1-0.29-0.460.140.340.38
-0.13-0.04-0.110.24-0.24-0.15-0.19-0.22-0.46-0.09-0.140.95-0.110.0-0.23-0.24-0.19-0.130.020.08-0.08-0.740.310.030.38
Click cells to compare fundamentals

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 Equity11.0B11.2B11.4B11.5B11.9B7.5B
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 Liab6.6B6.8B9.1B16.2B9.2B7.2B
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 Receivables17.3B14.8B19.6B32.8B32.6B17.2B
Good Will5.5B5.8B5.9B6.0B6.0B5.2B
Common Stock Shares Outstanding105.4M105.4M105.5M105.9M106.0M105.1M
Other Current Assets3.2B2.8B3.0B3.0B2.8B2.4B
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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