Legacy Cash And Short Term Investments vs Common Stock Shares Outstanding Analysis

LCY Stock   0.01  0  10.00%   
Legacy Iron financial indicator trend analysis is infinitely more than just investigating Legacy Iron Ore recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Legacy Iron Ore is a good investment. Please check the relationship between Legacy Iron Cash And Short Term Investments and its Common Stock Shares Outstanding accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Legacy Iron Ore. 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.

Cash And Short Term Investments vs Common Stock Shares Outstanding

Cash And Short Term Investments vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Legacy Iron Ore Cash And Short Term Investments account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between Legacy Iron's Cash And Short Term Investments and Common Stock Shares Outstanding is 0.61. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Legacy Iron Ore, assuming nothing else is changed. The correlation between historical values of Legacy Iron's Cash And Short Term Investments and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Legacy Iron Ore are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Cash And Short Term Investments i.e., Legacy Iron's Cash And Short Term Investments and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Legacy Iron Ore balance sheet. This account contains Legacy Iron investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Legacy Iron Ore fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Legacy Iron's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Legacy Iron Ore 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Legacy Iron Ore. 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 790.1 K in 2024. Issuance Of Capital Stock is likely to drop to about 11.8 M in 2024
 2021 2022 2023 2024 (projected)
Other Operating Expenses1.0M1.7M13.8M14.5M
Depreciation And Amortization82.5K61.2K2.7M2.8M

Legacy Iron fundamental ratios Correlations

0.890.820.75-0.64-0.360.90.670.74-0.30.890.870.250.850.970.440.64-0.160.740.140.710.890.75-0.210.570.38
0.890.960.46-0.49-0.30.980.540.55-0.130.680.970.040.980.870.260.4-0.160.580.180.530.990.6-0.190.370.18
0.820.960.34-0.36-0.280.960.450.51-0.170.580.96-0.020.990.790.190.350.050.520.170.440.950.540.020.250.14
0.750.460.34-0.65-0.150.490.60.86-0.310.810.420.460.390.730.560.82-0.170.850.490.620.460.85-0.220.730.49
-0.64-0.49-0.36-0.65-0.05-0.51-0.98-0.320.17-0.83-0.44-0.05-0.39-0.75-0.14-0.20.18-0.28-0.12-0.19-0.46-0.30.21-0.120.23
-0.36-0.3-0.28-0.15-0.05-0.260.03-0.260.29-0.21-0.39-0.81-0.33-0.32-0.84-0.20.39-0.27-0.01-0.66-0.43-0.290.36-0.28-0.35
0.90.980.960.49-0.51-0.260.570.61-0.180.690.980.010.970.870.230.450.020.610.170.470.960.63-0.010.350.14
0.670.540.450.6-0.980.030.570.3-0.210.850.510.00.480.780.110.16-0.110.260.090.190.510.28-0.140.05-0.25
0.740.550.510.86-0.32-0.260.610.3-0.250.570.550.450.530.610.580.960.050.990.550.630.550.990.00.780.57
-0.3-0.13-0.17-0.310.170.29-0.18-0.21-0.25-0.33-0.28-0.31-0.18-0.31-0.32-0.25-0.17-0.24-0.01-0.27-0.17-0.26-0.18-0.38-0.17
0.890.680.580.81-0.83-0.210.690.850.57-0.330.650.230.620.950.380.49-0.260.560.110.610.680.58-0.310.460.28
0.870.970.960.42-0.44-0.390.980.510.55-0.280.650.10.980.850.310.38-0.030.560.170.490.970.58-0.050.340.15
0.250.04-0.020.46-0.05-0.810.010.00.45-0.310.230.10.040.220.970.41-0.40.460.40.610.160.47-0.390.470.46
0.850.980.990.39-0.39-0.330.970.480.53-0.180.620.980.040.820.260.37-0.040.550.180.50.970.57-0.060.30.17
0.970.870.790.73-0.75-0.320.870.780.61-0.310.950.850.220.820.410.49-0.240.610.150.640.870.64-0.280.460.27
0.440.260.190.56-0.14-0.840.230.110.58-0.320.380.310.970.260.410.51-0.430.60.440.730.370.61-0.420.560.52
0.640.40.350.82-0.2-0.20.450.160.96-0.250.490.380.410.370.490.510.050.950.410.670.40.940.00.820.68
-0.16-0.160.05-0.170.180.390.02-0.110.05-0.17-0.26-0.03-0.4-0.04-0.24-0.430.05-0.02-0.05-0.49-0.21-0.040.99-0.31-0.28
0.740.580.520.85-0.28-0.270.610.260.99-0.240.560.560.460.550.610.60.95-0.020.580.680.581.0-0.060.80.61
0.140.180.170.49-0.12-0.010.170.090.55-0.010.110.170.40.180.150.440.41-0.050.580.080.180.59-0.060.370.16
0.710.530.440.62-0.19-0.660.470.190.63-0.270.610.490.610.50.640.730.67-0.490.680.080.590.69-0.520.710.72
0.890.990.950.46-0.46-0.430.960.510.55-0.170.680.970.160.970.870.370.4-0.210.580.180.590.6-0.240.390.22
0.750.60.540.85-0.3-0.290.630.280.99-0.260.580.580.470.570.640.610.94-0.041.00.590.690.6-0.090.810.61
-0.21-0.190.02-0.220.210.36-0.01-0.140.0-0.18-0.31-0.05-0.39-0.06-0.28-0.420.00.99-0.06-0.06-0.52-0.24-0.09-0.35-0.32
0.570.370.250.73-0.12-0.280.350.050.78-0.380.460.340.470.30.460.560.82-0.310.80.370.710.390.81-0.350.8
0.380.180.140.490.23-0.350.14-0.250.57-0.170.280.150.460.170.270.520.68-0.280.610.160.720.220.61-0.320.8
Click cells to compare fundamentals

Legacy Iron Account Relationship Matchups

Legacy Iron fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets22.2M24.2M23.6M25.6M47.2M49.6M
Other Current Liab110.3K136.1K157.0K132.6K5.2M5.5M
Total Current Liabilities250.3K273.6K234.6K192.4K8.4M8.8M
Total Stockholder Equity21.9M23.9M23.3M25.3M34.9M19.9M
Net Debt(9.1M)(9.6M)(466.8K)(2.6M)(11.3M)(10.8M)
Retained Earnings(59.5M)(60.2M)(61.2M)(59.2M)(68.8M)(72.2M)
Accounts Payable74.2K90.7K53.6K26.4K3.2M3.3M
Cash9.2M9.7M490.8K2.7M11.4M11.9M
Non Current Assets Total12.9M13.7M16.0M15.7M23.6M13.7M
Cash And Short Term Investments9.2M10.3M7.5M9.7M15.3M16.0M
Net Receivables109.3K73.6K57.8K136.1K3.0M3.2M
Liabilities And Stockholders Equity22.2M24.2M23.6M25.6M47.2M49.6M
Total Liab316.6K322.4K290.5K288.8K12.3M12.9M
Total Current Assets9.4M10.5M7.6M9.9M23.6M24.8M
Accumulated Other Comprehensive Income16.9M17.4M17.1M17.5M17.4M16.5M
Property Plant Equipment11.6M13.7M15.9M15.6M17.9M12.4M
Property Plant And Equipment Net11.6M13.7M15.9M15.6M23.5M13.3M
Common Stock Shares Outstanding2.4B6.3B6.4B6.4B6.7B7.1B
Non Current Liabilities Total66.3K48.9K55.9K96.4K3.9M4.1M
Property Plant And Equipment Gross11.6M13.9M16.2M15.9M24.5M13.8M
Short Term Debt65.8K46.8K24.0K33.4K33.2K31.5K
Other Current Assets50.0K57.1K77.9K58.1K177.2K191.1K
Net Tangible Assets21.9M23.9M23.3M25.3M29.1M19.2M
Other Assets86.2K66.8K66.6K66.5K59.9K87.8K
Other Stockholder Equity17.3M17.0M17.4M17.5M20.2M16.7M
Cash And Equivalents1.4M9.2M9.7M490.8K564.5K536.2K
Net Invested Capital21.9M23.9M23.3M25.3M34.9M24.5M
Long Term Investments1.3M66.6K66.5K66.5K86.5K82.2K
Net Working Capital9.1M10.2M7.4M9.7M15.2M9.0M

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