Luna Selling General Administrative vs Ebit Analysis

LUNA Stock  USD 1.64  0.01  0.61%   
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 Selling General Administrative and its Ebit 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.

Selling General Administrative vs Ebit

Selling General Administrative vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Luna Innovations Selling General Administrative account and Ebit. At this time, the significance of the direction appears to have no relationship.
The correlation between Luna Innovations' Selling General Administrative and Ebit is 0.05. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Ebit 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' Selling General Administrative and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Luna Innovations Incorporated are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Selling General Administrative i.e., Luna Innovations' Selling General Administrative and Ebit go up and down completely randomly.

Correlation Coefficient

0.05
Relationship DirectionPositive 
Relationship StrengthInsignificant

Selling General Administrative

Ebit

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 Profit51.6M66.5M68.8M72.2M
Total Revenue87.5M109.5M116.6M122.4M

Luna Innovations fundamental ratios Correlations

0.730.980.990.560.00.680.00.90.920.530.970.980.91-0.780.730.770.690.850.970.720.920.980.750.960.65
0.730.750.710.410.120.350.120.680.690.530.730.710.71-0.610.870.910.510.350.720.280.580.60.790.60.85
0.980.750.950.66-0.120.72-0.120.840.950.490.990.940.94-0.80.760.750.660.850.980.670.860.960.710.970.71
0.990.710.950.430.140.650.140.940.840.570.910.990.83-0.710.660.760.690.820.920.740.930.960.790.920.6
0.560.410.660.43-0.80.54-0.80.210.81-0.040.740.380.83-0.670.610.460.460.590.740.440.490.60.110.720.47
0.00.12-0.120.14-0.8-0.281.00.35-0.30.44-0.210.2-0.330.2-0.110.06-0.11-0.22-0.24-0.180.01-0.110.41-0.24-0.02
0.680.350.720.650.54-0.28-0.280.60.650.290.70.620.63-0.570.480.360.470.830.710.590.560.750.460.740.28
0.00.12-0.120.14-0.81.0-0.280.35-0.30.44-0.210.2-0.330.2-0.110.06-0.11-0.22-0.24-0.180.01-0.110.41-0.24-0.02
0.90.680.840.940.210.350.60.350.70.740.790.950.68-0.530.620.660.450.730.780.620.830.840.880.780.52
0.920.690.950.840.81-0.30.65-0.30.70.360.980.831.0-0.860.810.740.640.810.970.60.820.90.560.950.65
0.530.530.490.57-0.040.440.290.440.740.360.430.610.32-0.140.510.31-0.10.450.390.230.410.440.870.410.3
0.970.730.990.910.74-0.210.7-0.210.790.980.430.90.98-0.840.80.760.660.840.990.650.860.940.650.980.69
0.980.710.940.990.380.20.620.20.950.830.610.90.81-0.730.660.740.650.80.890.670.90.940.80.90.62
0.910.710.940.830.83-0.330.63-0.330.681.00.320.980.81-0.870.810.760.660.770.960.580.810.890.530.940.69
-0.78-0.61-0.8-0.71-0.670.2-0.570.2-0.53-0.86-0.14-0.84-0.73-0.87-0.72-0.72-0.76-0.6-0.8-0.33-0.67-0.76-0.41-0.8-0.69
0.730.870.760.660.61-0.110.48-0.110.620.810.510.80.660.81-0.720.830.450.520.770.250.590.640.710.690.7
0.770.910.750.760.460.060.360.060.660.740.310.760.740.76-0.720.830.760.410.780.440.750.690.680.670.75
0.690.510.660.690.46-0.110.47-0.110.450.64-0.10.660.650.66-0.760.450.760.510.710.610.730.720.340.680.48
0.850.350.850.820.59-0.220.83-0.220.730.810.450.840.80.77-0.60.520.410.510.850.790.790.920.560.920.25
0.970.720.980.920.74-0.240.71-0.240.780.970.390.990.890.96-0.80.770.780.710.850.730.890.960.640.980.65
0.720.280.670.740.44-0.180.59-0.180.620.60.230.650.670.58-0.330.250.440.610.790.730.820.820.430.760.1
0.920.580.860.930.490.010.560.010.830.820.410.860.90.81-0.670.590.750.730.790.890.820.940.650.890.46
0.980.60.960.960.6-0.110.75-0.110.840.90.440.940.940.89-0.760.640.690.720.920.960.820.940.660.980.51
0.750.790.710.790.110.410.460.410.880.560.870.650.80.53-0.410.710.680.340.560.640.430.650.660.60.53
0.960.60.970.920.72-0.240.74-0.240.780.950.410.980.90.94-0.80.690.670.680.920.980.760.890.980.60.55
0.650.850.710.60.47-0.020.28-0.020.520.650.30.690.620.69-0.690.70.750.480.250.650.10.460.510.530.55
Click cells to compare fundamentals

Luna Innovations Account Relationship Matchups

Luna Innovations fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets86.5M131.0M130.2M151.0M173.7M182.3M
Other Current Liab12.2M20.9M18.6M12.9M14.8M8.0M
Total Current Liabilities17.0M30.1M32.7M33.6M38.7M40.6M
Total Stockholder Equity67.5M74.4M81.9M93.4M107.4M112.8M
Net Debt(21.7M)17.3M4.3M22.3M20.1M21.1M
Cash25.0M15.4M17.1M6.0M6.9M6.6M
Other Assets1.9M2.5M3.6M7.9M9.1M9.5M
Cash And Short Term Investments25.0M15.4M17.1M6.0M6.9M6.6M
Common Stock Shares Outstanding31.8M32.6M31.7M32.6M37.5M39.4M
Liabilities And Stockholders Equity86.5M131.0M130.2M151.0M173.7M182.3M
Non Current Liabilities Total2.0M26.5M15.6M24.0M27.6M28.9M
Other Stockholder Equity83.7M87.6M93.5M99.3M114.2M66.6M
Total Liab19.1M56.6M48.3M57.6M66.2M69.6M
Total Current Assets58.1M75.5M82.4M87.9M101.1M106.1M
Short Long Term Debt Total3.3M32.7M21.5M28.3M32.6M34.2M
Other Liab2.0M214K445K346K311.4K295.8K
Property Plant And Equipment Net3.5M14.8M8.1M9.6M11.0M5.6M
Current Deferred Revenue3.9M7.1M4.6M4.1M4.7M2.8M
Retained Earnings(16.2M)(13.0M)(11.6M)(2.3M)(2.1M)(2.2M)
Accounts Payable2.8M2.9M2.8M8.1M9.3M9.8M
Non Current Assets Total28.4M55.5M47.8M63.1M72.6M76.2M
Non Currrent Assets Other3.8M39K247K3.3M3.7M3.9M
Net Receivables21.5M26.1M26.1M40.9M47.1M49.4M
Common Stock Total Equity31.8K33K34K35K40.3K21.6K
Inventory10.3M23.6M22.5M36.6M42.1M44.2M
Other Current Assets1.3M11.0M16.7M4.3M5.0M5.2M
Property Plant And Equipment Gross3.5M14.8M8.1M9.6M11.0M5.6M
Accumulated Other Comprehensive Income0.0(248K)(33K)(3.6M)(3.3M)(3.4M)
Short Term Debt1.3M6.1M6.3M4.8M5.5M5.8M
Intangible Assets10.2M20.1M17.2M18.8M21.6M22.6M
Common Stock32K33K34K35K40.3K21.6K
Property Plant Equipment3.5M3.3M8.1M4.9M5.6M4.6M
Good Will10.5M18.1M19.0M26.9M31.0M32.5M
Net Tangible Assets46.7M36.2M45.8M93.4M107.4M112.8M
Retained Earnings Total Equity(16.2M)(13.0M)(11.6M)(2.3M)(2.6M)(2.8M)
Long Term Debt Total23.1K15.8M11.7M20.7M23.8M25.0M
Capital Surpluse88.0M92.4M98.7M104.9M120.6M88.4M
Capital Lease Obligations1.3M12.7M5.6M5.1M5.9M6.1M

Also Currently Popular

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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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.