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 Total Liab and its Short Term Investments 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.
Total Liab vs Short Term Investments
Total Liab vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Law Debenture Corp Total Liab account and
Short Term Investments. At this time, the significance of the direction appears to have very week relationship.
The correlation between Law Debenture's Total Liab and Short Term Investments is 0.25. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Short Term Investments 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 Total Liab and Short Term Investments 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 Liab of Law Debenture Corp are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Total Liab i.e., Law Debenture's Total Liab and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.25 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Short Term Investments
Short Term Investments is an item under the current assets section of Law Debenture balance sheet. It contains any investments Law Debenture Corp undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Law Debenture Corp can easily liquidate in the marketplace.
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
Law Debenture fundamental ratios Correlations
Click cells to compare fundamentals
Law Debenture Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Law Debenture fundamental ratios Accounts
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