LGL Long Term Investments vs Common Stock Analysis
LGL Stock | USD 5.85 0.15 2.50% |
LGL financial indicator trend analysis is infinitely more than just investigating LGL Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LGL Group is a good investment. Please check the relationship between LGL Long Term Investments and its Common Stock accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LGL Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Long Term Investments vs Common Stock
Long Term Investments vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LGL Group Long Term Investments account and Common Stock. At this time, the significance of the direction appears to have almost no relationship.
The correlation between LGL's Long Term Investments and Common Stock is 0.16. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Common Stock in the same time period over historical financial statements of LGL Group, assuming nothing else is changed. The correlation between historical values of LGL's Long Term Investments and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of LGL Group are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Long Term Investments i.e., LGL's Long Term Investments and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.16 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Long Term Investments
Long Term Investments is an item on the asset side of LGL balance sheet that represents investments LGL Group intends to hold for over a year. LGL Group long term investments may include different instruments such as stocks, bonds, real estate and cash.Common Stock
Most indicators from LGL's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LGL Group 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 LGL Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. At this time, LGL's Tax Provision is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.39 this year, although the value of Selling General Administrative will most likely fall to about 2.2 M.
2022 | 2023 | 2024 (projected) | Interest Expense | 7.0M | 6.3M | 3.4M | Depreciation And Amortization | 558K | 22K | 20.9K |
LGL fundamental ratios Correlations
Click cells to compare fundamentals
LGL Account Relationship Matchups
High Positive Relationship
High Negative Relationship
LGL fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 39.2M | 43.5M | 59.9M | 39.8M | 41.9M | 73.8M | |
Other Current Liab | 2.5M | 2.1M | 3.8M | 276K | 604K | 573.8K | |
Total Current Liabilities | 4.3M | 3.4M | 4.4M | 587K | 474K | 450.3K | |
Total Stockholder Equity | 34.9M | 39.8M | 54.7M | 38.5M | 38.8M | 23.9M | |
Property Plant And Equipment Net | 3.2M | 3.2M | 3.8M | 133K | 75K | 71.3K | |
Net Debt | (12.1M) | (18.0M) | (28.8M) | (21.4M) | (40.6M) | (38.6M) | |
Retained Earnings | (6.2M) | (5.2M) | 9.5M | (7.3M) | (7.1M) | (6.7M) | |
Cash | 12.5M | 18.3M | 29.0M | 21.5M | 40.7M | 42.7M | |
Non Current Assets Total | 10.3M | 9.7M | 4.1M | 445K | 284K | 269.8K | |
Non Currrent Assets Other | 102K | 16K | 5K | (211K) | 19.0K | 18.0K | |
Cash And Short Term Investments | 18.1M | 24.1M | 45.2M | 38.1M | 40.7M | 42.8M | |
Net Receivables | 4.4M | 4.1M | 672K | 543K | 356K | 338.2K | |
Common Stock Shares Outstanding | 5.0M | 5.2M | 5.3M | 5.3M | 5.4M | 5.6M | |
Liabilities And Stockholders Equity | 39.2M | 43.5M | 59.9M | 39.8M | 41.9M | 73.8M | |
Non Current Liabilities Total | 118K | 293K | 737K | 708K | 694K | 659.3K | |
Inventory | 6.0M | 5.3M | 5.5M | 265K | 204K | 193.8K | |
Other Current Assets | 365K | 257K | 12.4M | 440K | 273K | 259.4K | |
Other Stockholder Equity | 41.0M | 44.9M | 45.2M | 45.8M | 45.8M | 26.2M | |
Total Liab | 4.3M | 3.7M | 5.2M | 1.3M | 1.2M | 1.1M | |
Total Current Assets | 28.9M | 33.8M | 55.8M | 39.3M | 41.6M | 38.7M | |
Accounts Payable | 1.9M | 1.3M | 60K | 310K | 93K | 88.4K | |
Intangible Assets | 402K | 327K | 252K | 78K | 57K | 54.2K | |
Short Term Investments | 5.6M | 5.8M | 16.2M | 16.6M | 22K | 20.9K | |
Common Stock | 47K | 49K | 50K | 53K | 47.7K | 45.3K | |
Common Stock Total Equity | 47K | 49K | 50K | 53K | 47.7K | 45.3K | |
Property Plant And Equipment Gross | 3.2M | 23.1M | 24.6M | 771K | 693.9K | 659.2K | |
Other Assets | 3.4M | 3.1M | 39K | 234K | 1.0 | 0.95 | |
Property Plant Equipment | 2.8M | 3.2M | 3.8M | 133K | 119.7K | 113.7K | |
Retained Earnings Total Equity | (14.6M) | (13.2M) | (6.2M) | (5.2M) | (4.7M) | (4.9M) | |
Net Tangible Assets | 34.5M | 39.4M | 54.5M | 38.4M | 44.2M | 30.4M | |
Capital Surpluse | 41.6M | 45.5M | 45.8M | 46.3M | 53.3M | 41.4M | |
Cash And Equivalents | 12.5M | 18.3M | 29.0M | 21.5M | 24.7M | 17.7M | |
Net Invested Capital | 34.9M | 39.8M | 54.7M | 38.5M | 44.3M | 40.4M |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LGL Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of LGL. If investors know LGL will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about LGL listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.85) | Earnings Share 0.08 | Revenue Per Share 0.734 | Quarterly Revenue Growth 0.481 | Return On Assets 0.0126 |
The market value of LGL Group is measured differently than its book value, which is the value of LGL that is recorded on the company's balance sheet. Investors also form their own opinion of LGL's value that differs from its market value or its book value, called intrinsic value, which is LGL's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because LGL's market value can be influenced by many factors that don't directly affect LGL's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between LGL's value and its price as these two are different measures arrived at by different means. Investors typically determine if LGL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LGL's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.