Latitude Begin Period Cash Flow vs Change In Working Capital Analysis

LFS Stock   1.15  0.01  0.86%   
Latitude Financial financial indicator trend analysis is infinitely more than just investigating Latitude Financial recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Latitude Financial is a good investment. Please check the relationship between Latitude Financial Begin Period Cash Flow and its Change In Working Capital accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Latitude Financial Services. 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.

Begin Period Cash Flow vs Change In Working Capital

Begin Period Cash Flow vs Change In Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Latitude Financial Begin Period Cash Flow account and Change In Working Capital. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Latitude Financial's Begin Period Cash Flow and Change In Working Capital is -0.45. Overlapping area represents the amount of variation of Begin Period Cash Flow that can explain the historical movement of Change In Working Capital in the same time period over historical financial statements of Latitude Financial Services, assuming nothing else is changed. The correlation between historical values of Latitude Financial's Begin Period Cash Flow and Change In Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Begin Period Cash Flow of Latitude Financial Services are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Begin Period Cash Flow i.e., Latitude Financial's Begin Period Cash Flow and Change In Working Capital go up and down completely randomly.

Correlation Coefficient

-0.45
Relationship DirectionNegative 
Relationship StrengthVery Weak

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.
Most indicators from Latitude Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Latitude Financial 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 Latitude Financial Services. 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.
Issuance Of Capital Stock is likely to gain to about 1.6 B in 2024, despite the fact that Tax Provision is likely to grow to (45.1 M).
 2021 2022 2023 2024 (projected)
Interest Expense166.8M216.3M343.7M214.9M
Depreciation And Amortization92.8M105.3M89.4M95.4M

Latitude Financial fundamental ratios Correlations

0.26-0.64-0.76-0.53-0.4-0.670.030.820.670.20.460.51-0.25-0.450.660.37-0.15-0.540.60.680.72-0.740.130.87-0.1
0.26-0.15-0.41-0.070.69-0.520.40.090.40.990.49-0.42-0.07-0.30.330.380.59-0.520.540.330.16-0.09-0.550.180.59
-0.64-0.150.380.30.290.29-0.48-0.57-0.39-0.09-0.1-0.36-0.42-0.29-0.18-0.070.170.29-0.32-0.18-0.470.37-0.15-0.560.15
-0.76-0.410.380.87-0.10.980.34-0.9-0.33-0.36-0.33-0.570.590.54-0.97-0.170.320.94-0.96-0.94-0.910.93-0.34-0.930.29
-0.53-0.070.30.87-0.050.860.61-0.90.05-0.02-0.05-0.810.570.25-0.890.080.710.88-0.86-0.86-0.950.95-0.64-0.880.7
-0.40.690.29-0.1-0.05-0.280.06-0.23-0.280.73-0.03-0.43-0.070.030.11-0.110.34-0.390.340.06-0.040.14-0.29-0.20.31
-0.67-0.520.290.980.86-0.280.34-0.83-0.28-0.48-0.35-0.490.610.52-0.96-0.190.260.98-0.98-0.94-0.880.88-0.24-0.860.24
0.030.4-0.480.340.610.060.34-0.370.440.390.18-0.610.760.33-0.530.240.690.36-0.32-0.5-0.440.54-0.65-0.320.69
0.820.09-0.57-0.9-0.9-0.23-0.83-0.370.220.030.140.82-0.41-0.280.860.02-0.59-0.790.810.830.97-0.960.580.99-0.56
0.670.4-0.39-0.330.05-0.28-0.280.440.220.350.85-0.17-0.16-0.590.250.840.45-0.120.190.360.08-0.22-0.520.350.5
0.20.99-0.09-0.36-0.020.73-0.480.390.030.350.43-0.46-0.05-0.280.290.330.62-0.490.50.280.12-0.04-0.570.120.62
0.460.49-0.1-0.33-0.05-0.03-0.350.180.140.850.43-0.19-0.4-0.630.340.980.36-0.240.270.490.09-0.26-0.60.30.4
0.51-0.42-0.36-0.57-0.81-0.43-0.49-0.610.82-0.17-0.46-0.19-0.30.010.58-0.24-0.92-0.480.460.560.82-0.80.790.76-0.9
-0.25-0.07-0.420.590.57-0.070.610.76-0.41-0.16-0.05-0.4-0.30.82-0.76-0.30.240.54-0.55-0.78-0.430.63-0.21-0.450.22
-0.45-0.3-0.290.540.250.030.520.33-0.28-0.59-0.28-0.630.010.82-0.62-0.55-0.220.37-0.43-0.66-0.230.450.18-0.38-0.26
0.660.33-0.18-0.97-0.890.11-0.96-0.530.860.250.290.340.58-0.76-0.620.19-0.38-0.920.940.980.88-0.940.380.88-0.35
0.370.38-0.07-0.170.08-0.11-0.190.240.020.840.330.98-0.24-0.3-0.550.190.38-0.080.090.35-0.04-0.13-0.660.170.42
-0.150.590.170.320.710.340.260.69-0.590.450.620.36-0.920.24-0.22-0.380.380.32-0.27-0.36-0.620.61-0.85-0.51.0
-0.54-0.520.290.940.88-0.390.980.36-0.79-0.12-0.49-0.24-0.480.540.37-0.92-0.080.32-0.99-0.89-0.870.84-0.3-0.810.31
0.60.54-0.32-0.96-0.860.34-0.98-0.320.810.190.50.270.46-0.55-0.430.940.09-0.27-0.990.90.87-0.850.30.84-0.26
0.680.33-0.18-0.94-0.860.06-0.94-0.50.830.360.280.490.56-0.78-0.660.980.35-0.36-0.890.90.84-0.940.270.88-0.33
0.720.16-0.47-0.91-0.95-0.04-0.88-0.440.970.080.120.090.82-0.43-0.230.88-0.04-0.62-0.870.870.84-0.950.570.96-0.61
-0.74-0.090.370.930.950.140.880.54-0.96-0.22-0.04-0.26-0.80.630.45-0.94-0.130.610.84-0.85-0.94-0.95-0.53-0.960.58
0.13-0.55-0.15-0.34-0.64-0.29-0.24-0.650.58-0.52-0.57-0.60.79-0.210.180.38-0.66-0.85-0.30.30.270.57-0.530.45-0.85
0.870.18-0.56-0.93-0.88-0.2-0.86-0.320.990.350.120.30.76-0.45-0.380.880.17-0.5-0.810.840.880.96-0.960.45-0.47
-0.10.590.150.290.70.310.240.69-0.560.50.620.4-0.90.22-0.26-0.350.421.00.31-0.26-0.33-0.610.58-0.85-0.47
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Latitude Financial Account Relationship Matchups

Latitude Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.8B7.7B8.0B7.9B7.3B6.5B
Short Long Term Debt Total8.0B11.8B6.8B6.1B5.7B6.1B
Other Current Liab(1.4B)140.8M10.7M19.2M274.9M288.6M
Total Current Liabilities92.4M475.8M1.3B1.1B1.5B1.6B
Total Stockholder Equity420.5M1.2B1.6B1.5B1.2B1.0B
Other Liab142.7M146.4M203.8M133.8M153.9M172.7M
Net Tangible Assets(507.6M)(437.6M)(474.7M)513.1M590.1M619.6M
Property Plant And Equipment Net91.3M81.7M69.2M52M25.5M24.2M
Net Debt7.6B5.4B5.3B5.7B5.5B5.0B
Retained Earnings(100.8M)(107.7M)7.2M(123.4M)(335M)(318.3M)
Accounts Payable130.2M335M79.9M52.2M50M47.5M
Cash412.0M507.6M605.7M364M250.7M354.1M
Non Current Assets Total8.4B1.1B4.2B4.2B7.1B4.7B
Non Currrent Assets Other89.4M7.3B2.9B3.1B6.0B3.6B
Other Assets7.5B214.5M186.5M311.1M7.3B7.7B
Long Term Debt6.4B6.3B4.9B5.3B4.6B4.8B
Cash And Short Term Investments412.0M507.6M689.3M364M250.7M363.6M
Net Receivables18.4M6.1B3.1B3.1B78.6M74.7M
Good Will524.0M521M738.1M728.3M706M669.1M
Long Term Debt Total6.5B6.4B5.9B5.3B4.8B5.2B
Liabilities And Stockholders Equity8.8B7.7B8.0B7.9B7.3B6.5B
Non Current Liabilities Total8.3B6.0B5.1B5.4B6.1B5.4B
Other Current Assets(430.4M)9.1M8.2M10.8M79.8M83.8M
Other Stockholder Equity24.4M(676M)(667.2M)(1.0)(0.9)(0.94)
Total Liab8.4B6.5B6.4B6.4B6.1B5.7B
Total Current Assets412.0M6.6B3.8B3.7B250.7M238.2M
Accumulated Other Comprehensive Income24.4M38.2M(667.2M)(627.2M)(652.9M)(620.3M)
Cash And Equivalents224.3M331.3M580.9M358.3M412.0M374.7M
Short Term Debt1.5B5.4B949.1M779.7M1.2B1.6B
Intangible Assets334.2M834.8M309.8M203.6M762.2M504.9M
Property Plant Equipment91.3M81.7M69.2M33.6M38.6M53.6M

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