0ND2 Stock | | | 9.24 0.25 2.78% |
LPKF Laser financial indicator trend analysis is infinitely more than just investigating LPKF Laser Electronics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LPKF Laser Electronics is a good investment. Please check the relationship between LPKF Laser Net Receivables and its Total Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in LPKF Laser Electronics. 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.
Net Receivables vs Total Revenue
Net Receivables vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
LPKF Laser Electronics Net Receivables account and
Total Revenue. At this time, the significance of the direction appears to have weak relationship.
The correlation between LPKF Laser's Net Receivables and Total Revenue is 0.39. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Revenue in the same time period over historical financial statements of LPKF Laser Electronics, assuming nothing else is changed. The correlation between historical values of LPKF Laser's Net Receivables and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of LPKF Laser Electronics are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Net Receivables i.e., LPKF Laser's Net Receivables and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.39 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Receivables
Total Revenue
Total revenue comprises all receipts LPKF Laser Electronics generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from LPKF Laser's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LPKF Laser Electronics 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in LPKF Laser Electronics. 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 4.2
M in 2024.
Tax Provision is likely to drop to about 1.9
M in 2024
LPKF Laser fundamental ratios Correlations
Click cells to compare fundamentals
LPKF Laser Account Relationship Matchups
High Positive Relationship
High Negative Relationship
LPKF Laser fundamental ratios Accounts
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measure LPKF Laser'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 LPKF Laser is operating at the current time. Most of LPKF Laser's value examination focuses on studying past and present price action to
predict the probability of LPKF Laser's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LPKF Laser's price. Additionally, you may evaluate how the addition of LPKF Laser to your portfolios can decrease your overall portfolio volatility.