Lottery Other Current Liab vs Total Current Liabilities Analysis
| TLC Stock | 5.12 0.06 1.19% |
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 Other Current Liab and its Total Current Liabilities 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.
Other Current Liab vs Total Current Liabilities
Other Current Liab vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lottery Other Current Liab account and Total Current Liabilities. At this time, the significance of the direction appears to have totally related.
The correlation between Lottery's Other Current Liab and Total Current Liabilities is 1.0. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Lottery, assuming nothing else is changed. The correlation between historical values of Lottery's Other Current Liab and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Lottery are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Current Liab i.e., Lottery's Other Current Liab and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Other Current Liab
Total Current Liabilities
Total Current Liabilities is an item on Lottery balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Lottery are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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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Lottery Account Relationship Matchups
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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.