Luxfer Change Receivables vs Net Income Analysis

LXFR Stock

USD 14.22 0.24 1.72%

Luxfer Holdings financial indicator trend analysis is infinitely more than just investigating Luxfer Holdings PLC recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Luxfer Holdings PLC is a good investment. Please check the relationship between Luxfer Holdings Change Receivables and its Net Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Luxfer Holdings PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Change Receivables vs Net Income

Change Receivables vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Luxfer Holdings PLC Change Receivables account and Net Income. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Luxfer Holdings' Change Receivables and Net Income is 0.44. Overlapping area represents the amount of variation of Change Receivables that can explain the historical movement of Net Income in the same time period over historical financial statements of Luxfer Holdings PLC, assuming nothing else is changed. The correlation between historical values of Luxfer Holdings' Change Receivables and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change Receivables of Luxfer Holdings PLC are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Change Receivables i.e., Luxfer Holdings' Change Receivables and Net Income go up and down completely randomly.

Correlation Coefficient

0.44

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Change Receivables

The difference in the amount of accounts receivable from one accounting period to the next. A positive number indicates an increase in receivables, while a negative number indicates a decrease.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Luxfer Holdings PLC financial statement analysis. It represents the amount of money remaining after all of Luxfer Holdings PLC operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Luxfer Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Luxfer Holdings PLC 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 Luxfer Holdings PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

At this time, Luxfer Holdings' Selling General Administrative is relatively stable compared to the past year. As of 11/24/2024, Enterprise Value is likely to grow to about 349.3 M, while Tax Provision is likely to drop slightly above 665 K.

	2021	2022	2023	2024 (projected)
Interest Expense	3.1M	3.9M	6.3M	5.8M
Depreciation And Amortization	15.6M	13.6M	12.7M	9.0M

Interest Expense Depreciation And Amortization

Luxfer Holdings fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets
Total Assets		0.0	0.14	-0.44	0.55	0.51	-0.64	-0.16	0.35	0.44	0.41	0.88	-0.01	0.41	0.57	0.39	-0.11	-0.04	0.33	0.45	0.59	0.16	0.17	0.73	0.52	0.56
Short Long Term Debt Total	0.0		-0.29	0.17	-0.64	0.32	0.07	0.93	0.5	0.04	0.06	0.1	-0.27	0.06	-0.03	-0.27	-0.36	0.4	0.7	0.17	-0.57	0.78	-0.05	-0.15	0.42	0.22
Other Current Liab	0.14	-0.29		0.09	0.55	-0.5	0.09	-0.22	-0.53	-0.6	-0.14	0.11	0.12	-0.15	-0.35	0.59	0.25	0.33	-0.54	0.2	0.38	-0.52	0.11	0.11	-0.11	-0.44
Total Current Liabilities	-0.44	0.17	0.09		-0.36	-0.23	0.59	0.22	-0.21	-0.12	-0.1	-0.57	0.15	-0.09	-0.06	-0.26	0.08	0.13	-0.25	0.24	-0.49	0.13	-0.47	-0.06	-0.33	-0.4
Total Stockholder Equity	0.55	-0.64	0.55	-0.36		-0.11	-0.39	-0.6	-0.34	-0.01	-0.02	0.54	0.24	-0.02	0.2	0.72	0.35	-0.01	-0.52	0.18	0.9	-0.67	0.18	0.32	-0.03	0.16
Property Plant And Equipment Net	0.51	0.32	-0.5	-0.23	-0.11		-0.67	0.05	0.83	0.78	0.73	0.45	-0.31	0.73	0.47	-0.31	-0.31	-0.4	0.76	-0.01	0.13	0.69	-0.38	0.38	0.75	0.69
Current Deferred Revenue	-0.64	0.07	0.09	0.59	-0.39	-0.67		0.25	-0.62	-0.65	-0.5	-0.68	0.4	-0.51	-0.51	-0.08	0.21	0.42	-0.36	0.21	-0.64	-0.14	-0.06	-0.3	-0.69	-0.78
Net Debt	-0.16	0.93	-0.22	0.22	-0.6	0.05	0.25		0.25	-0.18	-0.3	0.04	-0.18	-0.29	-0.17	-0.1	-0.26	0.61	0.48	0.13	-0.58	0.58	0.01	-0.38	0.22	0.14
Retained Earnings	0.35	0.5	-0.53	-0.21	-0.34	0.83	-0.62	0.25		0.73	0.63	0.3	-0.49	0.64	0.44	-0.55	-0.35	-0.41	0.78	-0.04	-0.14	0.72	-0.08	0.26	0.74	0.66
Accounts Payable	0.44	0.04	-0.6	-0.12	-0.01	0.78	-0.65	-0.18	0.73		0.64	0.28	-0.25	0.65	0.82	-0.43	-0.25	-0.67	0.49	0.07	0.17	0.46	-0.15	0.49	0.48	0.72
Cash	0.41	0.06	-0.14	-0.1	-0.02	0.73	-0.5	-0.3	0.63	0.64		0.13	-0.17	1.0	0.37	-0.45	-0.26	-0.65	0.51	0.07	0.11	0.49	-0.26	0.64	0.54	0.23
Non Current Assets Total	0.88	0.1	0.11	-0.57	0.54	0.45	-0.68	0.04	0.3	0.28	0.13		-0.03	0.14	0.35	0.59	-0.03	0.22	0.3	0.18	0.66	0.09	0.17	0.32	0.56	0.7
Non Currrent Assets Other	-0.01	-0.27	0.12	0.15	0.24	-0.31	0.4	-0.18	-0.49	-0.25	-0.17	-0.03		-0.17	-0.26	0.32	-0.03	0.2	-0.34	0.11	0.17	-0.29	0.02	0.03	-0.34	-0.26
Cash And Short Term Investments	0.41	0.06	-0.15	-0.09	-0.02	0.73	-0.51	-0.29	0.64	0.65	1.0	0.14	-0.17		0.38	-0.45	-0.26	-0.65	0.52	0.06	0.11	0.49	-0.26	0.64	0.53	0.24
Net Receivables	0.57	-0.03	-0.35	-0.06	0.2	0.47	-0.51	-0.17	0.44	0.82	0.37	0.35	-0.26	0.38		-0.18	-0.12	-0.48	0.22	0.42	0.24	0.21	0.14	0.64	0.23	0.56
Good Will	0.39	-0.27	0.59	-0.26	0.72	-0.31	-0.08	-0.1	-0.55	-0.43	-0.45	0.59	0.32	-0.45	-0.18		0.31	0.62	-0.39	0.06	0.67	-0.51	0.11	-0.08	-0.12	0.08
Common Stock Total Equity	-0.11	-0.36	0.25	0.08	0.35	-0.31	0.21	-0.26	-0.35	-0.25	-0.26	-0.03	-0.03	-0.26	-0.12	0.31		0.17	-0.52	0.03	0.16	-0.5	-0.08	-0.19	-0.27	-0.19
Common Stock Shares Outstanding	-0.04	0.4	0.33	0.13	-0.01	-0.4	0.42	0.61	-0.41	-0.67	-0.65	0.22	0.2	-0.65	-0.48	0.62	0.17		-0.08	0.13	-0.11	-0.03	-0.02	-0.41	-0.19	-0.12
Non Current Liabilities Total	0.33	0.7	-0.54	-0.25	-0.52	0.76	-0.36	0.48	0.78	0.49	0.51	0.3	-0.34	0.52	0.22	-0.39	-0.52	-0.08		0.02	-0.31	0.93	-0.15	0.21	0.66	0.51
Inventory	0.45	0.17	0.2	0.24	0.18	-0.01	0.21	0.13	-0.04	0.07	0.07	0.18	0.11	0.06	0.42	0.06	0.03	0.13	0.02		-0.1	0.12	0.17	0.66	0.04	-0.11
Other Stockholder Equity	0.59	-0.57	0.38	-0.49	0.9	0.13	-0.64	-0.58	-0.14	0.17	0.11	0.66	0.17	0.11	0.24	0.67	0.16	-0.11	-0.31	-0.1		-0.5	0.07	0.23	0.2	0.4
Total Liab	0.16	0.78	-0.52	0.13	-0.67	0.69	-0.14	0.58	0.72	0.46	0.49	0.09	-0.29	0.49	0.21	-0.51	-0.5	-0.03	0.93	0.12	-0.5		-0.33	0.2	0.55	0.37
Property Plant And Equipment Gross	0.17	-0.05	0.11	-0.47	0.18	-0.38	-0.06	0.01	-0.08	-0.15	-0.26	0.17	0.02	-0.26	0.14	0.11	-0.08	-0.02	-0.15	0.17	0.07	-0.33		0.09	-0.1	-0.08
Total Current Assets	0.73	-0.15	0.11	-0.06	0.32	0.38	-0.3	-0.38	0.26	0.49	0.64	0.32	0.03	0.64	0.64	-0.08	-0.19	-0.41	0.21	0.66	0.23	0.2	0.09		0.23	0.11
Short Term Debt	0.52	0.42	-0.11	-0.33	-0.03	0.75	-0.69	0.22	0.74	0.48	0.54	0.56	-0.34	0.53	0.23	-0.12	-0.27	-0.19	0.66	0.04	0.2	0.55	-0.1	0.23		0.63
Intangible Assets	0.56	0.22	-0.44	-0.4	0.16	0.69	-0.78	0.14	0.66	0.72	0.23	0.7	-0.26	0.24	0.56	0.08	-0.19	-0.12	0.51	-0.11	0.4	0.37	-0.08	0.11	0.63

Click cells to compare fundamentals

Luxfer Holdings Account Relationship Matchups

Luxfer Holdings fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	390.3M	346.4M	368.8M	407.1M	372.1M	411.5M
Short Long Term Debt Total	94.7M	56.3M	62.6M	81.2M	91.9M	79.9M
Other Current Liab	12.3M	24.9M	21M	40.9M	29M	15.2M
Total Stockholder Equity	174.4M	167.1M	209.1M	207.3M	212.6M	161.1M
Property Plant And Equipment Net	113.7M	95.5M	100.1M	97.5M	79.2M	91.5M
Current Deferred Revenue	22M	19M	28.2M	25.1M	22.6M	22.1M
Net Debt	81.2M	51.9M	53.4M	68.6M	89.6M	67.8M
Retained Earnings	84.8M	91.2M	107.5M	120.2M	104.3M	169.9M
Accounts Payable	36.4M	18.6M	31.7M	37.8M	26.5M	33.4M
Cash	10.2M	1.5M	6.2M	12.6M	2.3M	2.2M
Non Current Assets Total	214.2M	195.5M	205.6M	206M	203.3M	223.5M
Non Currrent Assets Other	13.3M	16M	13.7M	27M	40.3M	30.0M
Cash And Short Term Investments	10.2M	1.5M	6.2M	12.6M	2.3M	2.2M
Net Receivables	66.3M	43.1M	57.8M	67.8M	59.9M	66.7M
Good Will	68.8M	70.2M	69.7M	65.6M	67.5M	60.1M
Common Stock Shares Outstanding	27.9M	28.0M	28.0M	27.5M	27.0M	25.7M
Liabilities And Stockholders Equity	390.3M	346.4M	368.8M	407.1M	372.1M	411.5M
Non Current Liabilities Total	141.9M	113.9M	75.8M	89.6M	94.7M	120.1M
Inventory	94.5M	68.8M	90.5M	111.1M	95.9M	97.3M
Other Stockholder Equity	212.6M	215.1M	210.1M	200M	199.7M	127.0M
Total Liab	215.9M	179.3M	159.7M	199.8M	159.5M	182.0M
Property Plant And Equipment Gross	113.7M	95.5M	87.5M	77.7M	314.9M	330.6M
Total Current Assets	176.1M	150.9M	163.2M	201.1M	168.8M	187.9M
Accumulated Other Comprehensive Income	(149.6M)	(165.8M)	(135M)	(139.4M)	(117.9M)	(123.8M)
Short Term Debt	3.3M	2.9M	3M	29.7M	9.3M	8.8M
Intangible Assets	13.6M	12.8M	13.7M	12.5M	12M	11.4M
Other Current Assets	5M	1.5M	8.7M	10.3M	16.4M	9.5M
Other Liab	38.8M	52.8M	4.6M	15.2M	13.7M	13.0M
Long Term Debt	91.4M	53.4M	59.6M	56.2M	67.6M	70.4M
Property Plant Equipment	98.9M	86M	100.1M	77.7M	69.9M	92.1M
Net Tangible Assets	92M	84.1M	125.7M	207.3M	238.4M	119.6M
Deferred Long Term Liab	3.5M	2.5M	2M	2.7M	3.1M	3.4M
Long Term Investments	1.6M	2.3M	500K	400K	360K	342K
Long Term Debt Total	91.4M	53.4M	59.6M	56.2M	50.6M	68.1M

Pair Trading with Luxfer Holdings

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 Luxfer Holdings 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 Luxfer Holdings will appreciate offsetting losses from the drop in the long position's value.

Moving together with Luxfer Stock

0.78	B	Barnes Group	Pair Corr
0.7	BW	Babcock Wilcox Enter	Pair Corr
0.81	CR	Crane Company	Pair Corr

Moving against Luxfer Stock

0.88	CVV	CVD Equipment	Pair Corr
0.83	RR	Richtech Robotics Class	Pair Corr
0.47	AOS	Smith AO	Pair Corr
0.43	CYD	China Yuchai Interna	Pair Corr

The ability to find closely correlated positions to Luxfer Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Luxfer Holdings 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 Luxfer Holdings - 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 Luxfer Holdings PLC to buy it.

The correlation of Luxfer Holdings 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 Luxfer Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Luxfer Holdings PLC 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 Luxfer Holdings 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.

Pair Correlation Correlation Matching

Additional Tools for Luxfer Stock Analysis

When running Luxfer Holdings' price analysis, check to measure Luxfer Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Luxfer Holdings is operating at the current time. Most of Luxfer Holdings' value examination focuses on studying past and present price action to predict the probability of Luxfer Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Luxfer Holdings' price. Additionally, you may evaluate how the addition of Luxfer Holdings to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC