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 Stockholder Equity and its Cash And 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 Stockholder Equity vs Cash And Short Term Investments
Total Stockholder Equity vs Cash And 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 Stockholder Equity account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have weak relationship.
The correlation between Law Debenture's Total Stockholder Equity and Cash And Short Term Investments is 0.38. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Cash And 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 Stockholder Equity and Cash 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 Stockholder Equity of Law Debenture Corp are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Stockholder Equity i.e., Law Debenture's Total Stockholder Equity and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.38 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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.
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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