Lottery Long Term Debt Total vs Non Current Liabilities Total Analysis
| TLC Stock | 5.16 0.04 0.78% |
Lottery financial indicator trend analysis is infinitely more than just investigating Lottery recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lottery is a good investment. Please check the relationship between Lottery Long Term Debt Total and its Non Current Liabilities Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Lottery. 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.
Long Term Debt Total vs Non Current Liabilities Total
Long Term Debt Total vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lottery Long Term Debt Total account and Non Current Liabilities Total. At this time, the significance of the direction appears to have totally related.
The correlation between Lottery's Long Term Debt Total and Non Current Liabilities Total is 0.99. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Lottery, assuming nothing else is changed. The correlation between historical values of Lottery's Long Term Debt Total and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt Total of Lottery are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Long Term Debt Total i.e., Lottery's Long Term Debt Total and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Long Term Debt Total
Non Current Liabilities Total
Most indicators from Lottery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lottery 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Lottery. 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 133.7 M in 2024. Tax Provision is likely to drop to about 114.9 M in 2024
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.6B | 2.7B | 3.1B | 3.0B | Total Revenue | 3.3B | 3.5B | 4.0B | 3.6B |
Lottery fundamental ratios Correlations
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Additional Tools for Lottery Stock Analysis
When running Lottery's price analysis, check to measure Lottery's 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 Lottery is operating at the current time. Most of Lottery's value examination focuses on studying past and present price action to predict the probability of Lottery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lottery's price. Additionally, you may evaluate how the addition of Lottery to your portfolios can decrease your overall portfolio volatility.