Lytus Total Assets vs Other Liab Analysis
LYT Stock | USD 1.63 0.02 1.24% |
Lytus Technologies financial indicator trend analysis is infinitely more than just investigating Lytus Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lytus Technologies is a good investment. Please check the relationship between Lytus Technologies Total Assets and its Other Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lytus Technologies Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
Total Assets vs Other Liab
Total Assets vs Other Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lytus Technologies Total Assets account and Other Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Lytus Technologies' Total Assets and Other Liab is 0.87. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Liab in the same time period over historical financial statements of Lytus Technologies Holdings, assuming nothing else is changed. The correlation between historical values of Lytus Technologies' Total Assets and Other Liab 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 Lytus Technologies Holdings are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Total Assets i.e., Lytus Technologies' Total Assets and Other Liab go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Assets
Total assets refers to the total amount of Lytus Technologies 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 Lytus Technologies 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.Other Liab
Most indicators from Lytus Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lytus Technologies 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 Lytus Technologies Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. At this time, Lytus Technologies' Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 3.44 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.02 in 2024.
Lytus Technologies fundamental ratios Correlations
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Lytus Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lytus Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 78.8M | 85.2M | 86.8M | 26.9M | 31.6M | 56.7M | |
Short Long Term Debt Total | 1.6M | 1.5M | 1.0M | 4.0M | 2.9M | 2.0M | |
Other Current Liab | 34.5M | 31.2M | 31.2M | 3.9M | 3.1M | 2.9M | |
Total Current Liabilities | 36.5M | 41.1M | 43.9M | 15.3M | 14.0M | 27.7M | |
Total Stockholder Equity | 11.1M | 11.8M | 12.2M | 8.2M | 13.0M | 10.3M | |
Property Plant And Equipment Net | 1.1M | 965.2K | 0.0 | 10.4M | 11.3M | 11.9M | |
Net Debt | 1.5M | 1.4M | 1.0M | 3.7M | 2.6M | 1.9M | |
Retained Earnings | 11.4M | 12.5M | 12.1M | (4.5M) | (10.0M) | (9.5M) | |
Accounts Payable | 425.7K | 647.5K | 571.8K | 6.8M | 8.4M | 8.8M | |
Cash | 41.8K | 26.1K | 8.8K | 311.8K | 246.4K | 258.7K | |
Non Current Assets Total | 60.6M | 48.9M | 35.6M | 20.6M | 21.5M | 25.0M | |
Cash And Short Term Investments | 83.8K | 85.9K | 9.1K | 2.8M | 246.4K | 234.1K | |
Net Receivables | 18.0M | 36.0M | 51.2M | 2.3M | 4.4M | 4.2M | |
Good Will | 313.3K | 390.9K | 73.0K | 736.9K | 726.7K | 410.8K | |
Short Term Investments | 42.0K | 59.8K | 330.0 | 2.5M | 2.9M | 3.1M | |
Liabilities And Stockholders Equity | 78.8M | 85.2M | 86.8M | 26.9M | 31.6M | 56.7M | |
Non Current Liabilities Total | 31.3M | 32.4M | 30.7M | 882.7K | 1.6M | 1.5M | |
Other Current Assets | 145.4K | 167.6K | 51.3M | 295.6K | 5.4M | 10.5M | |
Other Stockholder Equity | 11.1M | 11.5M | 11.9M | 12.5M | 16.8M | 11.7M | |
Total Liab | 67.8M | 73.5M | 74.6M | 16.1M | 15.6M | 14.8M | |
Net Invested Capital | 12.6M | 13.3M | 13.2M | 12.1M | 15.5M | 12.2M | |
Short Long Term Debt | 1.6M | 1.5M | 1.0M | 3.9M | 1.7M | 1.8M | |
Total Current Assets | 18.2M | 36.3M | 51.3M | 6.3M | 10.1M | 9.6M | |
Net Working Capital | (18.3M) | (4.8M) | 7.3M | (8.9M) | (3.9M) | (4.1M) | |
Short Term Debt | 1.6M | 1.5M | 1.0M | 4.0M | 1.9M | 1.8M | |
Intangible Assets | 59.0M | 47.1M | 35.4M | 334.3K | 307.5K | 292.1K |
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When running Lytus Technologies' price analysis, check to measure Lytus Technologies' 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 Lytus Technologies is operating at the current time. Most of Lytus Technologies' value examination focuses on studying past and present price action to predict the probability of Lytus Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lytus Technologies' price. Additionally, you may evaluate how the addition of Lytus Technologies to your portfolios can decrease your overall portfolio volatility.