Lytus Total Stockholder Equity vs Common Stock Shares Outstanding Analysis

LYT Stock  USD 1.57  0.09  5.42%   
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 Stockholder Equity and its Common Stock Shares Outstanding 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 Stockholder Equity vs Common Stock Shares Outstanding

Total Stockholder Equity vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lytus Technologies Total Stockholder Equity account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Lytus Technologies' Total Stockholder Equity and Common Stock Shares Outstanding is -0.07. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Common Stock Shares Outstanding 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 Stockholder Equity and Common Stock Shares Outstanding 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 Lytus Technologies Holdings are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Total Stockholder Equity i.e., Lytus Technologies' Total Stockholder Equity and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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 3.84 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.02 in 2024.

Lytus Technologies fundamental ratios Correlations

0.530.911.00.910.87-0.920.270.550.530.290.270.950.470.070.860.090.230.90.280.560.810.950.870.570.9
0.530.290.540.780.86-0.690.861.0-0.230.840.910.580.790.760.22-0.190.830.230.490.130.880.390.850.980.33
0.910.290.910.720.7-0.84-0.090.320.81-0.09-0.070.920.14-0.050.890.33-0.141.00.210.480.590.990.670.360.88
1.00.540.910.90.87-0.90.270.560.530.290.280.940.490.10.870.060.230.890.330.580.810.950.870.580.91
0.910.780.720.90.99-0.90.60.80.20.610.590.880.710.260.68-0.070.560.690.340.480.980.80.990.750.77
0.870.860.70.870.99-0.910.640.870.170.640.650.880.720.390.63-0.060.60.650.390.410.990.771.00.830.72
-0.92-0.69-0.84-0.9-0.9-0.91-0.4-0.71-0.41-0.39-0.43-0.99-0.42-0.26-0.64-0.29-0.35-0.8-0.19-0.26-0.85-0.87-0.9-0.72-0.69
0.270.86-0.090.270.60.64-0.40.85-0.641.00.980.280.830.57-0.11-0.351.0-0.150.260.030.720.020.660.780.03
0.551.00.320.560.80.87-0.710.85-0.210.830.90.60.790.750.24-0.180.820.250.490.150.890.410.860.980.36
0.53-0.230.810.530.20.17-0.41-0.64-0.21-0.64-0.590.53-0.36-0.270.750.39-0.680.840.090.330.030.740.13-0.120.66
0.290.84-0.090.290.610.64-0.391.00.83-0.640.970.270.860.52-0.07-0.381.0-0.140.260.090.730.030.670.750.07
0.270.91-0.070.280.590.65-0.430.980.9-0.590.970.290.830.71-0.09-0.330.98-0.130.370.020.720.040.660.860.04
0.950.580.920.940.880.88-0.990.280.60.530.270.290.350.140.740.30.220.890.170.330.810.930.860.620.77
0.470.790.140.490.710.72-0.420.830.79-0.360.860.830.350.50.3-0.470.840.10.640.570.790.270.750.730.41
0.070.76-0.050.10.260.39-0.260.570.75-0.270.520.710.140.5-0.09-0.230.55-0.110.66-0.080.40.010.360.82-0.02
0.860.220.890.870.680.63-0.64-0.110.240.75-0.07-0.090.740.3-0.09-0.07-0.130.910.420.750.550.930.630.270.99
0.09-0.190.330.06-0.07-0.06-0.29-0.35-0.180.39-0.38-0.330.3-0.47-0.23-0.07-0.390.29-0.35-0.28-0.130.19-0.09-0.14-0.12
0.230.83-0.140.230.560.6-0.351.00.82-0.681.00.980.220.840.55-0.13-0.39-0.20.260.040.69-0.030.630.740.01
0.90.231.00.890.690.65-0.8-0.150.250.84-0.14-0.130.890.1-0.110.910.29-0.20.180.490.550.980.630.290.89
0.280.490.210.330.340.39-0.190.260.490.090.260.370.170.640.660.42-0.350.260.180.650.390.290.380.560.45
0.560.130.480.580.480.41-0.260.030.150.330.090.020.330.57-0.080.75-0.280.040.490.650.410.540.430.140.77
0.810.880.590.810.980.99-0.850.720.890.030.730.720.810.790.40.55-0.130.690.550.390.410.680.990.840.66
0.950.390.990.950.80.77-0.870.020.410.740.030.040.930.270.010.930.19-0.030.980.290.540.680.760.440.93
0.870.850.670.870.991.0-0.90.660.860.130.670.660.860.750.360.63-0.090.630.630.380.430.990.760.820.72
0.570.980.360.580.750.83-0.720.780.98-0.120.750.860.620.730.820.27-0.140.740.290.560.140.840.440.820.37
0.90.330.880.910.770.72-0.690.030.360.660.070.040.770.41-0.020.99-0.120.010.890.450.770.660.930.720.37
Click cells to compare fundamentals

Lytus Technologies Account Relationship Matchups

Lytus Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets78.8M85.2M86.8M26.9M31.6M56.7M
Short Long Term Debt Total1.6M1.5M1.0M4.0M2.9M2.0M
Other Current Liab34.5M31.2M31.2M3.9M3.1M2.9M
Total Current Liabilities36.5M41.1M43.9M15.3M14.0M27.7M
Total Stockholder Equity11.1M11.8M12.2M8.2M13.0M10.3M
Property Plant And Equipment Net1.1M965.2K0.010.4M11.3M11.9M
Net Debt1.5M1.4M1.0M3.7M2.6M1.9M
Retained Earnings11.4M12.5M12.1M(4.5M)(10.0M)(9.5M)
Accounts Payable425.7K647.5K571.8K6.8M8.4M8.8M
Cash41.8K26.1K8.8K311.8K246.4K258.7K
Non Current Assets Total60.6M48.9M35.6M20.6M21.5M25.0M
Cash And Short Term Investments83.8K85.9K9.1K2.8M246.4K234.1K
Net Receivables18.0M36.0M51.2M2.3M4.1M3.9M
Good Will313.3K390.9K73.0K736.9K726.7K410.8K
Short Term Investments42.0K59.8K330.02.5M2.9M3.1M
Liabilities And Stockholders Equity78.8M85.2M86.8M26.9M31.6M56.7M
Non Current Liabilities Total31.3M32.4M30.7M882.7K1.6M1.5M
Other Current Assets145.4K167.6K51.3M295.6K5.4M10.5M
Other Stockholder Equity11.1M11.5M11.9M12.5M16.8M11.7M
Total Liab67.8M73.5M74.6M16.1M15.6M14.8M
Net Invested Capital12.6M13.3M13.2M12.1M15.5M12.2M
Short Long Term Debt1.6M1.5M1.0M3.9M1.7M1.8M
Total Current Assets18.2M36.3M51.3M6.3M10.1M9.6M
Net Working Capital(18.3M)(4.8M)7.3M(8.9M)(3.9M)(4.1M)
Short Term Debt1.6M1.5M1.0M4.0M1.9M1.8M
Intangible Assets59.0M47.1M35.4M334.3K307.5K292.1K

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Additional Tools for Lytus Stock Analysis

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.