Lake Other Current Assets from 2010 to 2024

LSBK Stock  USD 13.46  0.04  0.30%   
Lake Shore Other Current Assets yearly trend continues to be quite stable with very little volatility. The value of Other Current Assets are projected to decrease to about 38.5 M. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2014-12-31
Previous Quarter
58 M
Current Value
63.8 M
Quarterly Volatility
92.9 M
 
Yuan Drop
 
Covid
Check Lake Shore financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Lake Shore's main balance sheet or income statement drivers, such as Interest Expense of 9.9 M, Total Revenue of 17.1 M or Gross Profit of 17.1 M, as well as many indicators such as Price To Sales Ratio of 2.32, Dividend Yield of 0.0192 or PTB Ratio of 1.55. Lake financial statements analysis is a perfect complement when working with Lake Shore Valuation or Volatility modules.
  
Check out the analysis of Lake Shore Correlation against competitors.

Latest Lake Shore's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Lake Shore Bancorp over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Lake Shore's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Lake Shore's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Lake Other Current Assets Regression Statistics

Arithmetic Mean26,922,567
Geometric Mean15,318,846
Coefficient Of Variation85.60
Mean Deviation20,419,862
Median33,220,999
Standard Deviation23,045,216
Sample Variance531.1T
Range66.4M
R-Value0.72
Mean Square Error274.5T
R-Squared0.52
Significance0
Slope3,716,005
Total Sum of Squares7435.1T

Lake Other Current Assets History

202438.5 M
202356.6 M
202212.5 M
202170.2 M
202046 M
201933.2 M
201833.3 M

About Lake Shore Financial Statements

Lake Shore investors utilize fundamental indicators, such as Other Current Assets, to predict how Lake Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Other Current Assets56.6 M38.5 M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Lake Shore Bancorp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Lake Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Lake Shore Bancorp Stock. Highlighted below are key reports to facilitate an investment decision about Lake Shore Bancorp Stock:
Check out the analysis of Lake Shore Correlation against competitors.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Regional Banks 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 Lake Shore. If investors know Lake 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 Lake Shore listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.11)
Dividend Share
0.54
Earnings Share
0.75
Revenue Per Share
4.51
Quarterly Revenue Growth
(0.1)
The market value of Lake Shore Bancorp is measured differently than its book value, which is the value of Lake that is recorded on the company's balance sheet. Investors also form their own opinion of Lake Shore's value that differs from its market value or its book value, called intrinsic value, which is Lake Shore's 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 Lake Shore's market value can be influenced by many factors that don't directly affect Lake Shore's 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 Lake Shore's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lake Shore is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lake Shore's 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.