Lifecore Inventory Turnover vs Cash Per Share Analysis
LFCR Stock | 7.28 0.11 1.53% |
Lifecore Biomedical financial indicator trend analysis is infinitely more than just investigating Lifecore Biomedical recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lifecore Biomedical is a good investment. Please check the relationship between Lifecore Biomedical Inventory Turnover and its Cash Per Share accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lifecore Biomedical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Lifecore Stock, please use our How to Invest in Lifecore Biomedical guide.
Inventory Turnover vs Cash Per Share
Inventory Turnover vs Cash Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lifecore Biomedical Inventory Turnover account and Cash Per Share. At this time, the significance of the direction appears to have totally related.
The correlation between Lifecore Biomedical's Inventory Turnover and Cash Per Share is 1.0. Overlapping area represents the amount of variation of Inventory Turnover that can explain the historical movement of Cash Per Share in the same time period over historical financial statements of Lifecore Biomedical, assuming nothing else is changed. The correlation between historical values of Lifecore Biomedical's Inventory Turnover and Cash Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory Turnover of Lifecore Biomedical are associated (or correlated) with its Cash Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Per Share has no effect on the direction of Inventory Turnover i.e., Lifecore Biomedical's Inventory Turnover and Cash Per Share go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.Cash Per Share
Most indicators from Lifecore Biomedical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lifecore Biomedical 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 Lifecore Biomedical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Lifecore Stock, please use our How to Invest in Lifecore Biomedical guide.At this time, Lifecore Biomedical's Selling General Administrative is relatively stable compared to the past year. As of 12/11/2024, Tax Provision is likely to grow to about 192.2 K, while Issuance Of Capital Stock is likely to drop 0.00.
2021 | 2023 | 2024 (projected) | Total Revenue | 185.8M | 128.3M | 121.8M | Interest Expense | 17.4M | 18.1M | 19.0M |
Lifecore Biomedical fundamental ratios Correlations
Click cells to compare fundamentals
Lifecore Biomedical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lifecore Biomedical fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 541.3M | 502.9M | 295.2M | 295.4M | 273.7M | 248.7M | |
Short Long Term Debt Total | 221.1M | 221.4M | 153.2M | 153.1M | 130.4M | 66.0M | |
Other Current Liab | 19.0M | 55.0M | 16.9M | 20.2M | 15.5M | 14.2M | |
Total Current Liabilities | 164.4M | 101.9M | 79.2M | 79.4M | 38.9M | 55.0M | |
Total Stockholder Equity | 231.0M | 202.8M | 107.9M | 108.1M | 53.9M | 51.2M | |
Property Plant And Equipment Net | 200.0M | 217.7M | 200.4M | 139.0M | 151.0M | 78.8M | |
Net Debt | 220.8M | 220.1M | 151.5M | 151.4M | 121.9M | 128.0M | |
Retained Earnings | 71.2M | 38.6M | (58.9M) | (58.7M) | (166.5M) | (158.2M) | |
Accounts Payable | 51.6M | 16.3M | 15.8M | 13.0M | 16.3M | 22.1M | |
Cash | 1.1M | 360K | 1.3M | 1.6M | 8.5M | 10.6M | |
Non Current Assets Total | 386.1M | 384.2M | 354.6M | 171.4M | 172.9M | 161.8M | |
Non Currrent Assets Other | (9.7M) | (25.3M) | (26.7M) | 3.0M | 3.8M | 4.0M | |
Cash And Short Term Investments | 1.1M | 360K | 1.3M | 1.6M | 8.5M | 13.1M | |
Common Stock Shares Outstanding | 29.2M | 29.3M | 29.5M | 29.5M | 36.7M | 26.4M | |
Liabilities And Stockholders Equity | 541.3M | 502.9M | 295.2M | 295.4M | 273.7M | 248.7M | |
Non Current Liabilities Total | 145.9M | 198.3M | 108.0M | 107.9M | 180.9M | 190.0M | |
Inventory | 66.3M | 69.7M | 66.8M | 67.0M | 40.0M | 26.6M | |
Other Current Assets | 14.2M | 42.7M | 7.1M | 41.4M | 1.4M | 1.4M | |
Other Stockholder Equity | 160.3M | 162.6M | 165.5M | 167.4M | 177.8M | 121.9M | |
Total Liab | 310.3M | 300.1M | 187.2M | 187.3M | 219.8M | 110.9M | |
Total Current Assets | 157.1M | 148.3M | 123.7M | 124.0M | 81.0M | 86.2M | |
Short Term Debt | 93.4M | 30.6M | 45.6M | 142.5M | 4.9M | 4.7M | |
Net Receivables | 76.2M | 41.4M | 48.2M | 38.3M | 31.2M | 33.9M | |
Intangible Assets | 45.2M | 38.1M | 36.1M | 15.6M | 4.2M | 4.0M | |
Current Deferred Revenue | 499K | 352K | 1.1M | 919K | 2.1M | 1.3M | |
Good Will | 54.5M | 76.7M | 69.4M | 13.9M | 16.0M | 15.2M | |
Accumulated Other Comprehensive Income | 64K | (2.8M) | (1.4M) | (586K) | (39.2M) | (37.3M) | |
Other Liab | 14.6M | 11.3M | 422K | 3.5M | 3.1M | 3.0M | |
Net Tangible Assets | 123.6M | 143.2M | 78.5M | (19.9M) | (17.9M) | (17.0M) | |
Other Assets | 2.2M | 157.7M | 3.0M | 3.2M | 19.7M | 25.1M | |
Long Term Debt | 101.4M | 164.9M | 97.6M | 101.3M | 120.5M | 123.4M | |
Capital Lease Obligations | 30.8M | 27.5M | 15.0M | 11.0M | 9.1M | 12.9M | |
Net Invested Capital | 421.4M | 396.7M | 246.1M | 99.9M | 132.6M | 228.8M | |
Short Long Term Debt | 89.0M | 29M | 40.6M | 488K | 773K | 734.4K | |
Non Current Liabilities Other | 4.6M | 3.6M | 190K | 3.1M | 5.1M | 3.4M | |
Net Working Capital | (7.3M) | 46.4M | 44.5M | 60.5M | 42.2M | 33.4M | |
Property Plant Equipment | 217.7M | 137.4M | 139.0M | 134.6M | 121.1M | 132.6M |
Pair Trading with Lifecore Biomedical
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 Lifecore Biomedical 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 Lifecore Biomedical will appreciate offsetting losses from the drop in the long position's value.Moving together with Lifecore Stock
Moving against Lifecore Stock
0.92 | PFE | Pfizer Inc Fiscal Year End 4th of February 2025 | PairCorr |
0.86 | VALN | Valneva SE ADR | PairCorr |
0.86 | LLY | Eli Lilly | PairCorr |
0.84 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
0.8 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
The ability to find closely correlated positions to Lifecore Biomedical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lifecore Biomedical 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 Lifecore Biomedical - 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 Lifecore Biomedical to buy it.
The correlation of Lifecore Biomedical 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 Lifecore Biomedical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lifecore Biomedical 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 Lifecore Biomedical 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.Additional Tools for Lifecore Stock Analysis
When running Lifecore Biomedical's price analysis, check to measure Lifecore Biomedical'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 Lifecore Biomedical is operating at the current time. Most of Lifecore Biomedical's value examination focuses on studying past and present price action to predict the probability of Lifecore Biomedical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lifecore Biomedical's price. Additionally, you may evaluate how the addition of Lifecore Biomedical to your portfolios can decrease your overall portfolio volatility.