Luna Property Plant And Equipment Net vs Net Receivables Analysis
LUNA Stock | USD 1.86 0.22 13.41% |
Luna Innovations financial indicator trend analysis is infinitely more than just investigating Luna Innovations recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Luna Innovations is a good investment. Please check the relationship between Luna Innovations Property Plant And Equipment Net and its Net Receivables accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Luna Innovations Incorporated. 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.
Property Plant And Equipment Net vs Net Receivables
Property Plant And Equipment Net vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Luna Innovations Property Plant And Equipment Net account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Luna Innovations' Property Plant And Equipment Net and Net Receivables is 0.64. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Luna Innovations Incorporated, assuming nothing else is changed. The correlation between historical values of Luna Innovations' Property Plant And Equipment Net and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Luna Innovations Incorporated are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Property Plant And Equipment Net i.e., Luna Innovations' Property Plant And Equipment Net and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.64 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Net Receivables
Most indicators from Luna Innovations' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Luna Innovations 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 Luna Innovations Incorporated. 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. At present, Luna Innovations' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 292.66, whereas Discontinued Operations is forecasted to decline to about 1.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 51.6M | 66.5M | 68.8M | 72.2M | Total Revenue | 87.5M | 109.5M | 116.6M | 122.4M |
Luna Innovations fundamental ratios Correlations
Click cells to compare fundamentals
Luna Innovations Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Luna Innovations fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 86.5M | 131.0M | 130.2M | 151.0M | 173.7M | 182.3M | |
Other Current Liab | 12.2M | 20.9M | 18.6M | 12.9M | 14.8M | 8.0M | |
Total Current Liabilities | 17.0M | 30.1M | 32.7M | 33.6M | 38.7M | 40.6M | |
Total Stockholder Equity | 67.5M | 74.4M | 81.9M | 93.4M | 107.4M | 112.8M | |
Net Debt | (21.7M) | 17.3M | 4.3M | 22.3M | 20.1M | 21.1M | |
Cash | 25.0M | 15.4M | 17.1M | 6.0M | 6.9M | 6.6M | |
Other Assets | 1.9M | 2.5M | 3.6M | 7.9M | 9.1M | 9.5M | |
Cash And Short Term Investments | 25.0M | 15.4M | 17.1M | 6.0M | 6.9M | 6.6M | |
Common Stock Shares Outstanding | 31.8M | 32.6M | 31.7M | 32.6M | 37.5M | 39.4M | |
Liabilities And Stockholders Equity | 86.5M | 131.0M | 130.2M | 151.0M | 173.7M | 182.3M | |
Non Current Liabilities Total | 2.0M | 26.5M | 15.6M | 24.0M | 27.6M | 28.9M | |
Other Stockholder Equity | 83.7M | 87.6M | 93.5M | 99.3M | 114.2M | 66.6M | |
Total Liab | 19.1M | 56.6M | 48.3M | 57.6M | 66.2M | 69.6M | |
Total Current Assets | 58.1M | 75.5M | 82.4M | 87.9M | 101.1M | 106.1M | |
Short Long Term Debt Total | 3.3M | 32.7M | 21.5M | 28.3M | 32.6M | 34.2M | |
Other Liab | 2.0M | 214K | 445K | 346K | 311.4K | 295.8K | |
Property Plant And Equipment Net | 3.5M | 14.8M | 8.1M | 9.6M | 11.0M | 5.6M | |
Current Deferred Revenue | 3.9M | 7.1M | 4.6M | 4.1M | 4.7M | 2.8M | |
Retained Earnings | (16.2M) | (13.0M) | (11.6M) | (2.3M) | (2.1M) | (2.2M) | |
Accounts Payable | 2.8M | 2.9M | 2.8M | 8.1M | 9.3M | 9.8M | |
Non Current Assets Total | 28.4M | 55.5M | 47.8M | 63.1M | 72.6M | 76.2M | |
Non Currrent Assets Other | 3.8M | 39K | 247K | 3.3M | 3.7M | 3.9M | |
Net Receivables | 21.5M | 26.1M | 26.1M | 40.9M | 47.1M | 49.4M | |
Common Stock Total Equity | 31.8K | 33K | 34K | 35K | 40.3K | 21.6K | |
Inventory | 10.3M | 23.6M | 22.5M | 36.6M | 42.1M | 44.2M | |
Other Current Assets | 1.3M | 11.0M | 16.7M | 4.3M | 5.0M | 5.2M | |
Property Plant And Equipment Gross | 3.5M | 14.8M | 8.1M | 9.6M | 11.0M | 5.6M | |
Accumulated Other Comprehensive Income | 0.0 | (248K) | (33K) | (3.6M) | (3.3M) | (3.4M) | |
Short Term Debt | 1.3M | 6.1M | 6.3M | 4.8M | 5.5M | 5.8M | |
Intangible Assets | 10.2M | 20.1M | 17.2M | 18.8M | 21.6M | 22.6M | |
Common Stock | 32K | 33K | 34K | 35K | 40.3K | 21.6K | |
Property Plant Equipment | 3.5M | 3.3M | 8.1M | 4.9M | 5.6M | 4.6M | |
Good Will | 10.5M | 18.1M | 19.0M | 26.9M | 31.0M | 32.5M | |
Net Tangible Assets | 46.7M | 36.2M | 45.8M | 93.4M | 107.4M | 112.8M | |
Retained Earnings Total Equity | (16.2M) | (13.0M) | (11.6M) | (2.3M) | (2.6M) | (2.8M) | |
Long Term Debt Total | 23.1K | 15.8M | 11.7M | 20.7M | 23.8M | 25.0M | |
Capital Surpluse | 88.0M | 92.4M | 98.7M | 104.9M | 120.6M | 88.4M | |
Capital Lease Obligations | 1.3M | 12.7M | 5.6M | 5.1M | 5.9M | 6.1M |
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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.When determining whether Luna Innovations offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Luna Innovations' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Luna Innovations Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Luna Innovations Incorporated Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Luna Innovations Incorporated. 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. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Luna Innovations. If investors know Luna will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Luna Innovations listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.68) | Earnings Share (0.03) | Revenue Per Share 3.487 | Quarterly Revenue Growth 0.053 | Return On Assets 0.0055 |
The market value of Luna Innovations is measured differently than its book value, which is the value of Luna that is recorded on the company's balance sheet. Investors also form their own opinion of Luna Innovations' value that differs from its market value or its book value, called intrinsic value, which is Luna Innovations' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Luna Innovations' market value can be influenced by many factors that don't directly affect Luna Innovations' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Luna Innovations' value and its price as these two are different measures arrived at by different means. Investors typically determine if Luna Innovations is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Luna Innovations' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.