LiveOne Total Assets vs Good Will Analysis
LVO Stock | USD 0.94 0.03 3.30% |
LiveOne financial indicator trend analysis is infinitely more than just investigating LiveOne recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LiveOne is a good investment. Please check the relationship between LiveOne Total Assets and its Good Will accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LiveOne. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. To learn how to invest in LiveOne Stock, please use our How to Invest in LiveOne guide.
Total Assets vs Good Will
Total Assets vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LiveOne Total Assets account and Good Will. At this time, the significance of the direction appears to have strong relationship.
The correlation between LiveOne's Total Assets and Good Will is 0.76. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Good Will in the same time period over historical financial statements of LiveOne, assuming nothing else is changed. The correlation between historical values of LiveOne's Total Assets and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of LiveOne are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Total Assets i.e., LiveOne's Total Assets and Good Will go up and down completely randomly.
Correlation Coefficient | 0.76 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of LiveOne assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in LiveOne books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Most indicators from LiveOne's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LiveOne 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 LiveOne. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. To learn how to invest in LiveOne Stock, please use our How to Invest in LiveOne guide.At this time, LiveOne's Tax Provision is very stable compared to the past year. As of the 26th of November 2024, Enterprise Value is likely to grow to about 186.1 M, while Selling General Administrative is likely to drop about 13.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 4.1M | 8.4M | 4.4M | 3.1M | Depreciation And Amortization | 9.6M | 8.0M | 5.1M | 4.0M |
LiveOne fundamental ratios Correlations
Click cells to compare fundamentals
LiveOne Account Relationship Matchups
High Positive Relationship
High Negative Relationship
LiveOne fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 54.1M | 85.8M | 76.8M | 65.9M | 63.9M | 38.0M | |
Other Current Liab | 13.1M | 26.1M | 29.0M | 27.5M | 23.2M | 24.3M | |
Total Current Liabilities | 47.8M | 51.0M | 60.1M | 44.5M | 46.8M | 25.6M | |
Total Stockholder Equity | (7.1M) | 8.1M | (10.9M) | 3.8M | (3.8M) | (3.6M) | |
Net Debt | 10.6M | 6.2M | 14.2M | 3.6M | 1.6M | 1.5M | |
Retained Earnings | (128.1M) | (169.9M) | (213.9M) | (224.3M) | (239.0M) | (227.0M) | |
Accounts Payable | 30.7M | 18.5M | 29.6M | 11.0M | 15.2M | 11.0M | |
Cash | 5.7M | 18.6M | 12.9M | 8.4M | 7.0M | 6.2M | |
Cash And Short Term Investments | 5.7M | 18.6M | 12.9M | 8.4M | 7.0M | 6.2M | |
Net Receivables | 3.9M | 10.6M | 13.7M | 13.7M | 13.2M | 13.9M | |
Common Stock Shares Outstanding | 56.2M | 69.0M | 79.1M | 84.8M | 87.6M | 44.9M | |
Liabilities And Stockholders Equity | 54.1M | 85.8M | 76.8M | 65.9M | 63.9M | 38.0M | |
Non Current Liabilities Total | 13.5M | 26.7M | 27.6M | 17.6M | 10.5M | 9.3M | |
Other Current Assets | 1.4M | 3.5M | 2.1M | 3.1M | 2.3M | 1.3M | |
Other Stockholder Equity | 120.9M | 178M | 202.9M | 207.0M | 211.4M | 222.0M | |
Total Liab | 61.2M | 77.6M | 87.7M | 62.1M | 57.3M | 34.9M | |
Total Current Assets | 17.7M | 35.3M | 31.3M | 27.8M | 24.3M | 14.0M | |
Common Stock | 59K | 77K | 83K | 90K | 92K | 56.8K | |
Property Plant And Equipment Net | 3.4M | 4.4M | 4.7M | 3.3M | 3.7M | 2.0M | |
Non Current Assets Total | 36.4M | 50.5M | 45.5M | 38.1M | 39.5M | 25.8M | |
Inventory | 6.7M | 2.6M | 2.6M | 2.6M | 1.8M | 2.2M | |
Short Long Term Debt Total | 16.4M | 24.9M | 27.1M | 12.1M | 8.6M | 11.5M | |
Short Term Debt | 3.1M | 5.0M | 285K | 5.0M | 7.8M | 8.2M | |
Intangible Assets | 23.2M | 22.5M | 16.7M | 11.0M | 12.4M | 17.5M | |
Current Deferred Revenue | 949K | 1.3M | 1.2M | 992K | 728K | 921.0K | |
Non Currrent Assets Other | 127K | 1.0M | 728K | 377K | 88K | 92.4K | |
Net Tangible Assets | (27.2M) | (40M) | (37.0M) | (51.0M) | (45.9M) | (48.2M) | |
Long Term Debt | 13.3M | 19.4M | 26.6M | 7.1M | 771K | 732.5K | |
Net Invested Capital | 9.2M | 32.3M | 15.7M | (5.3M) | (19.1M) | (18.1M) | |
Short Long Term Debt | 3.1M | 4.7M | 12K | 4.7M | 7.7M | 4.3M | |
Net Working Capital | (30.1M) | (15.7M) | (28.8M) | (16.7M) | (22.5M) | (23.6M) | |
Property Plant Equipment | 3.5M | 4.4M | 5.4M | 3.7M | 4.3M | 3.7M | |
Capital Stock | 59K | 77K | 83K | 21.1M | 18.9M | 19.9M |
Pair Trading with LiveOne
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if LiveOne position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in LiveOne will appreciate offsetting losses from the drop in the long position's value.Moving against LiveOne Stock
0.93 | EDR | Endeavor Group Holdings | PairCorr |
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0.76 | VEON | VEON | PairCorr |
0.75 | T | ATT Inc Sell-off Trend | PairCorr |
0.71 | TV | Grupo Televisa SAB | PairCorr |
The ability to find closely correlated positions to LiveOne could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LiveOne when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back LiveOne - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling LiveOne to buy it.
The correlation of LiveOne is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as LiveOne moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LiveOne moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for LiveOne can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LiveOne. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. To learn how to invest in LiveOne Stock, please use our How to Invest in LiveOne guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Movies & Entertainment 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 LiveOne. If investors know LiveOne 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 LiveOne listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.07) | Revenue Per Share 1.399 | Quarterly Revenue Growth 0.143 | Return On Assets (0.04) | Return On Equity (1.18) |
The market value of LiveOne is measured differently than its book value, which is the value of LiveOne that is recorded on the company's balance sheet. Investors also form their own opinion of LiveOne's value that differs from its market value or its book value, called intrinsic value, which is LiveOne's 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 LiveOne's market value can be influenced by many factors that don't directly affect LiveOne's 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 LiveOne's value and its price as these two are different measures arrived at by different means. Investors typically determine if LiveOne is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LiveOne's 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.