LYTS Stock | | | USD 20.75 0.15 0.73% |
LSI Industries financial indicator trend analysis is infinitely more than just investigating LSI Industries recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LSI Industries is a good investment. Please check the relationship between LSI Industries Current Deferred Revenue and its Ebit Per Revenue accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LSI Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy LSI Stock please use our
How to Invest in LSI Industries guide.
Current Deferred Revenue vs Ebit Per Revenue
Current Deferred Revenue vs Ebit Per Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
LSI Industries Current Deferred Revenue account and
Ebit Per Revenue. At this time, the significance of the direction appears to have no relationship.
The correlation between LSI Industries' Current Deferred Revenue and Ebit Per Revenue is 0.04. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Ebit Per Revenue in the same time period over historical financial statements of LSI Industries, assuming nothing else is changed. The correlation between historical values of LSI Industries' Current Deferred Revenue and Ebit Per Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of LSI Industries are associated (or correlated) with its Ebit Per Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit Per Revenue has no effect on the direction of Current Deferred Revenue i.e., LSI Industries' Current Deferred Revenue and Ebit Per Revenue go up and down completely randomly.
Correlation Coefficient | 0.04 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Ebit Per Revenue
Most indicators from LSI Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LSI Industries 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 LSI Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy LSI Stock please use our
How to Invest in LSI Industries guide.
Tax Provision is likely to gain to about 8.5
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 55.9
M in 2024.
LSI Industries fundamental ratios Correlations
Click cells to compare fundamentals
LSI Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
LSI Industries fundamental ratios Accounts
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Additional Tools for LSI Stock Analysis
When running LSI Industries' price analysis, check to
measure LSI Industries' 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 LSI Industries is operating at the current time. Most of LSI Industries' value examination focuses on studying past and present price action to
predict the probability of LSI Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LSI Industries' price. Additionally, you may evaluate how the addition of LSI Industries to your portfolios can decrease your overall portfolio volatility.