Legacy Total Current Liabilities vs Property Plant And Equipment Gross 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 Total Current Liabilities and its Property Plant And Equipment Gross 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.

Total Current Liabilities vs Property Plant And Equipment Gross

Total Current Liabilities vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Legacy Iron Ore Total Current Liabilities account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Legacy Iron's Total Current Liabilities and Property Plant And Equipment Gross is 0.54. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Property Plant And Equipment Gross 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 Total Current Liabilities and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Legacy Iron Ore are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Total Current Liabilities i.e., Legacy Iron's Total Current Liabilities and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Total Current Liabilities

Total Current Liabilities is an item on Legacy Iron balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Legacy Iron Ore are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Property Plant And Equipment Gross

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Legacy Stock Analysis

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