Lottery Other Stockholder Equity vs Net Receivables 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 Other Stockholder Equity and its Net Receivables 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 Stockholder Equity vs Net Receivables
Other Stockholder Equity vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lottery Other Stockholder Equity account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Lottery's Other Stockholder Equity and Net Receivables is 0.65. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Net Receivables 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 Stockholder Equity and Net Receivables 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 Stockholder Equity of Lottery are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Other Stockholder Equity i.e., Lottery's Other Stockholder Equity and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.65 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Other Stockholder Equity
Net Receivables
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 |
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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.