LGI Other Assets vs Good Will Analysis

LGI Stock

2.95 0.00 0.00%

LGI financial indicator trend analysis is infinitely more than just investigating LGI recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LGI is a good investment. Please check the relationship between LGI Other Assets and its Good Will accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LGI. 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.

Other Assets vs Good Will

Other Assets vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LGI Other Assets account and Good Will. At this time, the significance of the direction appears to have totally related.

The correlation between LGI's Other Assets and Good Will is 1.0. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Good Will in the same time period over historical financial statements of LGI, assuming nothing else is changed. The correlation between historical values of LGI's Other Assets and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of LGI are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Other Assets i.e., LGI's Other Assets and Good Will go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Other Assets

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Most indicators from LGI's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LGI 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 LGI. 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 gain to about 1.4 M in 2024, whereas Tax Provision is likely to drop slightly above 2 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	822K	899K	1.1M	900.3K
Depreciation And Amortization	4.1M	4.7M	5.3M	3.6M

Interest Expense Depreciation And Amortization

LGI fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Other Assets
Total Assets		0.91	0.88	0.76	0.96	0.97	0.89	0.32	0.88	0.64	0.24	0.97	0.74	0.32	0.51	-0.5	0.26	0.72	-0.5	0.77	0.85	0.87	0.73	0.98	0.91	-0.5
Short Long Term Debt Total	0.91		0.83	0.54	0.85	0.97	0.86	0.56	0.83	0.72	-0.09	0.96	0.69	-0.01	0.69	-0.45	0.26	0.81	-0.45	0.75	0.81	0.62	0.65	0.91	0.76	-0.45
Other Current Liab	0.88	0.83		0.53	0.9	0.89	0.91	0.28	0.99	0.57	0.02	0.89	0.87	0.13	0.42	-0.76	0.61	0.58	-0.76	0.96	0.65	0.7	0.88	0.9	0.95	-0.76
Total Current Liabilities	0.76	0.54	0.53		0.65	0.62	0.68	-0.04	0.52	0.51	0.79	0.61	0.41	0.83	0.49	-0.26	0.17	0.48	-0.26	0.31	0.79	0.95	0.44	0.71	0.71	-0.26
Total Stockholder Equity	0.96	0.85	0.9	0.65		0.93	0.84	0.14	0.88	0.55	0.14	0.93	0.67	0.26	0.34	-0.45	0.24	0.51	-0.45	0.81	0.66	0.83	0.76	0.97	0.92	-0.45
Property Plant And Equipment Net	0.97	0.97	0.89	0.62	0.93		0.88	0.46	0.9	0.69	0.02	1.0	0.77	0.11	0.55	-0.53	0.29	0.77	-0.53	0.82	0.82	0.74	0.71	0.96	0.87	-0.53
Current Deferred Revenue	0.89	0.86	0.91	0.68	0.84	0.88		0.33	0.89	0.76	0.16	0.88	0.75	0.25	0.62	-0.62	0.49	0.67	-0.62	0.8	0.78	0.75	0.78	0.93	0.88	-0.62
Net Debt	0.32	0.56	0.28	-0.04	0.14	0.46	0.33		0.34	0.41	-0.45	0.48	0.54	-0.49	0.49	-0.39	0.16	0.85	-0.39	0.35	0.57	-0.08	0.14	0.28	0.1	-0.39
Retained Earnings	0.88	0.83	0.99	0.52	0.88	0.9	0.89	0.34		0.6	0.0	0.9	0.91	0.1	0.4	-0.8	0.64	0.62	-0.8	0.97	0.67	0.67	0.83	0.88	0.95	-0.8
Accounts Payable	0.64	0.72	0.57	0.51	0.55	0.69	0.76	0.41	0.6		0.01	0.67	0.46	0.06	0.51	-0.34	0.29	0.59	-0.34	0.49	0.65	0.45	0.2	0.64	0.54	-0.34
Cash	0.24	-0.09	0.02	0.79	0.14	0.02	0.16	-0.45	0.0	0.01		0.02	-0.02	0.99	0.11	0.03	0.0	-0.01	0.03	-0.18	0.36	0.67	0.09	0.17	0.28	0.03
Non Current Assets Total	0.97	0.96	0.89	0.61	0.93	1.0	0.88	0.48	0.9	0.67	0.02		0.78	0.1	0.52	-0.54	0.28	0.78	-0.54	0.82	0.82	0.74	0.71	0.96	0.86	-0.54
Non Currrent Assets Other	0.74	0.69	0.87	0.41	0.67	0.77	0.75	0.54	0.91	0.46	-0.02	0.78		0.02	0.32	-0.93	0.71	0.73	-0.93	0.91	0.7	0.52	0.73	0.7	0.81	-0.93
Cash And Short Term Investments	0.32	-0.01	0.13	0.83	0.26	0.11	0.25	-0.49	0.1	0.06	0.99	0.1	0.02		0.14	-0.01	0.05	-0.01	-0.01	-0.09	0.37	0.74	0.18	0.26	0.38	-0.01
Net Receivables	0.51	0.69	0.42	0.49	0.34	0.55	0.62	0.49	0.4	0.51	0.11	0.52	0.32	0.14		-0.19	0.22	0.68	-0.19	0.25	0.69	0.38	0.42	0.52	0.36	-0.19
Good Will	-0.5	-0.45	-0.76	-0.26	-0.45	-0.53	-0.62	-0.39	-0.8	-0.34	0.03	-0.54	-0.93	-0.01	-0.19		-0.9	-0.52	1.0	-0.84	-0.48	-0.34	-0.65	-0.47	-0.7	1.0
Common Stock Shares Outstanding	0.26	0.26	0.61	0.17	0.24	0.29	0.49	0.16	0.64	0.29	0.0	0.28	0.71	0.05	0.22	-0.9		0.25	-0.9	0.66	0.25	0.19	0.52	0.25	0.56	-0.9
Non Current Liabilities Total	0.72	0.81	0.58	0.48	0.51	0.77	0.67	0.85	0.62	0.59	-0.01	0.78	0.73	-0.01	0.68	-0.52	0.25		-0.52	0.54	0.91	0.45	0.43	0.65	0.51	-0.52
Inventory	-0.5	-0.45	-0.76	-0.26	-0.45	-0.53	-0.62	-0.39	-0.8	-0.34	0.03	-0.54	-0.93	-0.01	-0.19	1.0	-0.9	-0.52		-0.83	-0.48	-0.34	-0.65	-0.47	-0.7	1.0
Other Current Assets	0.77	0.75	0.96	0.31	0.81	0.82	0.8	0.35	0.97	0.49	-0.18	0.82	0.91	-0.09	0.25	-0.84	0.66	0.54	-0.83		0.52	0.51	0.82	0.79	0.87	-0.83
Total Liab	0.85	0.81	0.65	0.79	0.66	0.82	0.78	0.57	0.67	0.65	0.36	0.82	0.7	0.37	0.69	-0.48	0.25	0.91	-0.48	0.52		0.75	0.5	0.78	0.68	-0.48
Total Current Assets	0.87	0.62	0.7	0.95	0.83	0.74	0.75	-0.08	0.67	0.45	0.67	0.74	0.52	0.74	0.38	-0.34	0.19	0.45	-0.34	0.51	0.75		0.63	0.84	0.85	-0.34
Short Term Debt	0.73	0.65	0.88	0.44	0.76	0.71	0.78	0.14	0.83	0.2	0.09	0.71	0.73	0.18	0.42	-0.65	0.52	0.43	-0.65	0.82	0.5	0.63		0.79	0.82	-0.65
Intangible Assets	0.98	0.91	0.9	0.71	0.97	0.96	0.93	0.28	0.88	0.64	0.17	0.96	0.7	0.26	0.52	-0.47	0.25	0.65	-0.47	0.79	0.78	0.84	0.79		0.9	-0.47
Common Stock	0.91	0.76	0.95	0.71	0.92	0.87	0.88	0.1	0.95	0.54	0.28	0.86	0.81	0.38	0.36	-0.7	0.56	0.51	-0.7	0.87	0.68	0.85	0.82	0.9		-0.7
Other Assets	-0.5	-0.45	-0.76	-0.26	-0.45	-0.53	-0.62	-0.39	-0.8	-0.34	0.03	-0.54	-0.93	-0.01	-0.19	1.0	-0.9	-0.52	1.0	-0.83	-0.48	-0.34	-0.65	-0.47	-0.7

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LGI Account Relationship Matchups

LGI fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	35.6M	39.2M	71.0M	63.4M	88.6M	54.6M
Short Long Term Debt Total	20.8M	21.2M	19.4M	24.7M	28.4M	20.3M
Other Current Liab	802.9K	1.8M	2.4M	4.1M	4.8M	5.0M
Total Current Liabilities	2.1M	3.5M	16.7M	4.0M	7.2M	5.9M
Total Stockholder Equity	11.7M	13.4M	36.3M	49.4M	52.8M	28.8M
Property Plant And Equipment Net	27.7M	28.6M	35.5M	42.4M	55.8M	35.5M
Net Debt	19.8M	20.3M	1.3M	1.4M	22.2M	13.2M
Retained Earnings	5.0M	6.3M	9.7M	15.8M	20.4M	21.4M
Accounts Payable	1.3M	556.9K	1.1M	935K	893K	954.0K
Cash	973.4K	928K	18.1M	52K	2.4M	4.4M
Non Current Assets Total	30.5M	32.3M	40.0M	47.4M	67.4M	40.3M
Non Currrent Assets Other	1.6M	1.4M	1.7M	1.5M	6.9M	7.2M
Cash And Short Term Investments	973.4K	928K	18.1M	2.4M	2.8M	5.2M
Net Receivables	2.0M	2.3M	1.7M	1.2M	909K	1.4M
Liabilities And Stockholders Equity	35.6M	39.2M	71.0M	88.6M	101.9M	52.1M
Non Current Liabilities Total	21.8M	22.4M	18.1M	10.0M	28.6M	19.9M
Other Current Assets	2.1M	3.7M	2.4M	13.4M	17.9M	18.8M
Total Liab	23.9M	25.8M	34.7M	14.0M	35.8M	25.8M
Total Current Assets	5.0M	6.9M	31.0M	16.0M	21.2M	14.3M
Accumulated Other Comprehensive Income	563.7K	624K	(5.2M)	197K	177.3K	186.2K
Short Term Debt	201.5K	636K	661K	1.0M	1.2M	1.3M
Intangible Assets	932.9K	2.0M	2.9M	3.2M	3.9M	2.2M
Common Stock	6.1M	6.4M	31.8M	32.2M	37.1M	38.9M

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