Law Cash And Short Term Investments vs Other Assets Analysis

LWDB Stock   892.00  4.00  0.45%   
Law Debenture financial indicator trend analysis is infinitely more than just investigating Law Debenture Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Law Debenture Corp is a good investment. Please check the relationship between Law Debenture Cash And Short Term Investments and its Other Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Law Debenture Corp. 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.

Cash And Short Term Investments vs Other Assets

Cash And Short Term Investments vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Law Debenture Corp Cash And Short Term Investments account and Other Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Law Debenture's Cash And Short Term Investments and Other Assets is -0.42. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Other Assets in the same time period over historical financial statements of Law Debenture Corp, assuming nothing else is changed. The correlation between historical values of Law Debenture's Cash And Short Term Investments and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Law Debenture Corp are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Cash And Short Term Investments i.e., Law Debenture's Cash And Short Term Investments and Other Assets go up and down completely randomly.

Correlation Coefficient

-0.42
Relationship DirectionNegative 
Relationship StrengthVery Weak

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Law Debenture Corp balance sheet. This account contains Law Debenture investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Law Debenture Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Other Assets

Most indicators from Law Debenture's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Law Debenture Corp 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 Law Debenture Corp. 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 26.6 M in 2024. Tax Provision is likely to drop to about 1.3 M in 2024
 2021 2022 2023 2024 (projected)
Reconciled Depreciation1.6M1.9M2.2M1.3M
Research Development1.560.790.860.9

Law Debenture fundamental ratios Correlations

1.0-0.870.390.730.340.140.850.370.950.480.560.370.10.350.510.570.99-0.130.350.730.30.530.010.520.52
1.0-0.880.40.70.370.090.830.40.920.440.520.350.080.320.470.520.98-0.120.380.690.280.520.010.470.55
-0.87-0.88-0.36-0.59-0.48-0.03-0.84-0.47-0.79-0.31-0.33-0.24-0.13-0.19-0.3-0.4-0.840.14-0.49-0.56-0.19-0.420.0-0.3-0.61
0.390.4-0.360.32-0.22-0.230.140.460.34-0.080.2-0.23-0.53-0.180.230.310.43-0.77-0.220.22-0.360.18-0.830.19-0.14
0.730.7-0.590.32-0.050.440.470.270.760.570.530.470.010.380.530.670.77-0.44-0.040.570.350.480.00.550.11
0.340.37-0.48-0.22-0.05-0.440.50.30.2-0.2-0.34-0.18-0.06-0.27-0.41-0.380.210.341.0-0.05-0.18-0.250.32-0.40.98
0.140.09-0.03-0.230.44-0.440.03-0.520.30.780.680.710.510.670.720.670.22-0.07-0.420.560.590.510.310.75-0.34
0.850.83-0.840.140.470.50.030.30.870.310.380.250.270.240.330.380.80.120.50.630.230.380.140.330.64
0.370.4-0.470.460.270.3-0.520.30.25-0.4-0.35-0.53-0.57-0.57-0.27-0.240.33-0.340.29-0.25-0.45-0.34-0.39-0.30.31
0.950.92-0.790.340.760.20.30.870.250.570.670.440.180.430.630.680.95-0.130.20.830.350.540.00.640.39
0.480.44-0.31-0.080.57-0.20.780.31-0.40.570.840.940.640.880.760.860.550.07-0.170.790.820.650.410.81-0.03
0.560.52-0.330.20.53-0.340.680.38-0.350.670.840.780.510.840.970.930.650.0-0.320.940.620.820.120.98-0.15
0.370.35-0.24-0.230.47-0.180.710.25-0.530.440.940.780.790.970.680.80.450.26-0.150.730.930.750.540.73-0.04
0.10.08-0.13-0.530.01-0.060.510.27-0.570.180.640.510.790.80.420.460.150.63-0.040.480.840.570.740.460.0
0.350.32-0.19-0.180.38-0.270.670.24-0.570.430.880.840.970.80.750.810.440.32-0.240.770.910.830.470.79-0.12
0.510.47-0.30.230.53-0.410.720.33-0.270.630.760.970.680.420.750.90.6-0.08-0.390.890.50.770.041.0-0.23
0.570.52-0.40.310.67-0.380.670.38-0.240.680.860.930.80.460.810.90.67-0.19-0.350.880.630.810.040.92-0.2
0.990.98-0.840.430.770.210.220.80.330.950.550.650.450.150.440.60.67-0.170.220.780.370.62-0.020.610.4
-0.13-0.120.14-0.77-0.440.34-0.070.12-0.34-0.130.070.00.260.630.32-0.08-0.19-0.170.350.030.410.050.75-0.060.32
0.350.38-0.49-0.22-0.041.0-0.420.50.290.2-0.17-0.32-0.15-0.04-0.24-0.39-0.350.220.35-0.02-0.15-0.230.34-0.380.98
0.730.69-0.560.220.57-0.050.560.63-0.250.830.790.940.730.480.770.890.880.780.03-0.020.560.80.130.90.15
0.30.28-0.19-0.360.35-0.180.590.23-0.450.350.820.620.930.840.910.50.630.370.41-0.150.560.660.60.56-0.06
0.530.52-0.420.180.48-0.250.510.38-0.340.540.650.820.750.570.830.770.810.620.05-0.230.80.660.160.78-0.09
0.010.010.0-0.830.00.320.310.14-0.390.00.410.120.540.740.470.040.04-0.020.750.340.130.60.160.090.33
0.520.47-0.30.190.55-0.40.750.33-0.30.640.810.980.730.460.791.00.920.61-0.06-0.380.90.560.780.09-0.22
0.520.55-0.61-0.140.110.98-0.340.640.310.39-0.03-0.15-0.040.0-0.12-0.23-0.20.40.320.980.15-0.06-0.090.33-0.22
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Law Debenture Account Relationship Matchups

Law Debenture fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets913.1M886.5M1.1B1.0B1.1B668.7M
Total Stockholder Equity775.3M727.0M878.8M799.1M854.2M554.0M
Other Liab2.6M6.9M4.1M5.3M4.8M9.5M
Retained Earnings759.6M711.2M831.4M709.9M47.5M45.2M
Accounts Payable13.0M6.6M29.3M19.8M22.6M12.8M
Cash71.2M41.8M35.9M49.6M31.4M48.1M
Other Assets2.7M771K6.6M8.3M8.8M9.2M
Long Term Debt114.1M114.1M114.2M114.2M131.3M66.7M
Total Liab137.8M159.5M213.2M205.1M208.4M114.8M
Common Stock5.9M5.9M6.1M6.4M6.6M6.6M
Property Plant Equipment1.1M6.5M7.5M6.8M7.9M8.3M
Common Stock Shares Outstanding118.2M118.2M121.3M121.3M129.8M130.6M
Other Current Liab(14.3M)(7.7M)(31.8M)(24.0M)30.4M31.9M
Total Current Liabilities13.0M27.4M29.3M19.8M58.0M60.9M
Property Plant And Equipment Net1.1M6.5M7.5M6.8M6.4M6.7M
Net Debt44.0M78.0M134.8M121M138.2M145.1M
Non Current Assets Total825.5M821.3M1.0B920.3M1.0B644.4M
Non Currrent Assets Other(825.5M)(771K)(1.0B)(920.3M)7.4M7.8M
Cash And Short Term Investments71.2M41.8M35.9M49.6M31.4M53.3M
Net Receivables13.7M22.1M25.3M23.6M24.3M25.5M
Common Stock Total Equity5.9M5.9M5.9M5.9M6.8M6.5M
Liabilities And Stockholders Equity913.1M886.5M1.1B1.0B1.1B714.8M
Non Current Liabilities Total115.2M119.8M170.6M19.8M168.6M177.0M
Other Stockholder Equity7.8M7.8M38.7M79.9M797.5M837.3M
Property Plant And Equipment Gross1.1M6.5M8.1M7.7M7.6M7.9M
Total Current Assets84.9M64.4M63.0M75.5M61.5M66.8M
Short Long Term Debt Total115.2M119.8M170.6M170.6M169.6M93.2M
Intangible Assets104K619K3.5M3.4M3.0M1.5M
Treasury Stock(1.0M)(966K)(1.3M)(1.5M)(1.7M)(1.8M)
Good Will1.9M1.9M19.0M19.0M19.0M20.0M
Accumulated Other Comprehensive Income1.9M2.0M2.7M2.9M2.7M2.8M
Net Tangible Assets773.2M724.5M856.3M776.6M893.1M758.8M
Long Term Investments822.3M812.3M992.5M891.0M965.2M839.6M
Capital Surpluse8.8M8.9M9.1M9.3M10.7M9.9M

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