Lottery, Warrants Current Ratio vs. Revenue

LTRYW Stock  USD 0.01  0.0001  1.00%   
Based on Lottery, Warrants' profitability indicators, Lottery, Warrants may not be well positioned to generate adequate gross income at the present time. It has a very high chance of underperforming in December. Profitability indicators assess Lottery, Warrants' ability to earn profits and add value for shareholders.
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
0.72511627
Current Value
0.69
Quarterly Volatility
2.41538144
 
Credit Downgrade
 
Yuan Drop
 
Covid
At this time, Lottery, Warrants' Price To Sales Ratio is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 2.69 in 2024, whereas EV To Sales is likely to drop 1.91 in 2024. Income Tax Expense is likely to climb to about 63 K in 2024, despite the fact that Accumulated Other Comprehensive Income is likely to grow to (137.5 K).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.140.1446
Sufficiently Down
Slightly volatile
For Lottery, Warrants profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Lottery, Warrants to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Lottery, Warrants utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Lottery, Warrants's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Lottery, Warrants over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
For more information on how to buy Lottery, Stock please use our How to Invest in Lottery, Warrants guide.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lottery, Warrants. If investors know Lottery, will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lottery, Warrants listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.07)
Revenue Per Share
0.075
Quarterly Revenue Growth
(0.83)
Return On Assets
(0.18)
Return On Equity
(0.41)
The market value of Lottery, Warrants is measured differently than its book value, which is the value of Lottery, that is recorded on the company's balance sheet. Investors also form their own opinion of Lottery, Warrants' value that differs from its market value or its book value, called intrinsic value, which is Lottery, Warrants' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lottery, Warrants' market value can be influenced by many factors that don't directly affect Lottery, Warrants' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lottery, Warrants' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lottery, Warrants is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lottery, Warrants' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Lottery, Warrants Revenue vs. Current Ratio Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Lottery, Warrants's current stock value. Our valuation model uses many indicators to compare Lottery, Warrants value to that of its competitors to determine the firm's financial worth.
Lottery, Warrants is rated second overall in current ratio category among its peers. It also is rated second overall in revenue category among its peers totaling about  162,065,950  of Revenue per Current Ratio. At this time, Lottery, Warrants' Current Ratio is fairly stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Lottery, Warrants by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Lottery, Revenue vs. Current Ratio

Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Lottery, Warrants

Current Ratio

 = 

Current Asset

Current Liabilities

 = 
0.04 X
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Lottery, Warrants

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
6.48 M
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.

Lottery, Revenue vs Competition

Lottery, Warrants is rated second overall in revenue category among its peers. Market size based on revenue of Consumer Discretionary industry is now estimated at about 431.84 Million. Lottery, Warrants claims roughly 6.48 Million in revenue contributing just under 2% to stocks in Consumer Discretionary industry.

Lottery, Warrants Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Lottery, Warrants, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Lottery, Warrants will eventually generate negative long term returns. The profitability progress is the general direction of Lottery, Warrants' change in net profit over the period of time. It can combine multiple indicators of Lottery, Warrants, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-144.7 K-137.5 K
Operating Income-24.2 M-23 M
Income Before Tax-24.7 M-25.9 M
Total Other Income Expense Net-520 K-546 K
Net Loss-24.7 M-25.9 M
Income Tax Expense60 K63 K
Net Interest Income-974.8 K-1 M
Net Loss-14.8 M-15.6 M
Net Loss(9.44)(9.92)
Income Quality 0.09  0.08 
Net Income Per E B T 1.03  0.76 

Lottery, Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Lottery, Warrants. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Lottery, Warrants position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Lottery, Warrants' important profitability drivers and their relationship over time.

Use Lottery, Warrants in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Lottery, Warrants position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Lottery, Warrants will appreciate offsetting losses from the drop in the long position's value.

Lottery, Warrants Pair Trading

Lottery, Warrants Pair Trading Analysis

The ability to find closely correlated positions to Lottery, Warrants could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lottery, Warrants when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Lottery, Warrants - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Lottery, Warrants to buy it.
The correlation of Lottery, Warrants is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lottery, Warrants moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lottery, Warrants moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Lottery, Warrants can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Lottery, Warrants position

In addition to having Lottery, Warrants in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Information Technology ETFs Theme
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Additional Tools for Lottery, Stock Analysis

When running Lottery, Warrants' price analysis, check to measure Lottery, Warrants' 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, Warrants is operating at the current time. Most of Lottery, Warrants' value examination focuses on studying past and present price action to predict the probability of Lottery, Warrants' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lottery, Warrants' price. Additionally, you may evaluate how the addition of Lottery, Warrants to your portfolios can decrease your overall portfolio volatility.