Logility Retained Earnings vs Capital Lease Obligations Analysis
LGTY Stock | 11.29 0.01 0.09% |
Logility financial indicator trend analysis is infinitely more than just investigating Logility recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Logility is a good investment. Please check the relationship between Logility Retained Earnings and its Capital Lease Obligations accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Logility. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Logility Stock please use our How to Invest in Logility guide.
Retained Earnings vs Capital Lease Obligations
Retained Earnings vs Capital Lease Obligations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Logility Retained Earnings account and Capital Lease Obligations. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Logility's Retained Earnings and Capital Lease Obligations is 0.92. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of Logility, assuming nothing else is changed. The correlation between historical values of Logility's Retained Earnings and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Logility are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Retained Earnings i.e., Logility's Retained Earnings and Capital Lease Obligations go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Capital Lease Obligations
Logility capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Logility asset purchases. For example, Logility can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Logility control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Most indicators from Logility's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Logility 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 Logility. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Logility Stock please use our How to Invest in Logility guide.Selling General Administrative is likely to rise to about 23.7 M in 2024, whereas Tax Provision is likely to drop slightly above 1.5 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 391K | 2.2M | 3.8M | 4.0M | Tax Provision | 562K | 2.2M | 1.9M | 1.5M |
Logility fundamental ratios Correlations
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Logility Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Logility's price analysis, check to measure Logility'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 Logility is operating at the current time. Most of Logility's value examination focuses on studying past and present price action to predict the probability of Logility's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Logility's price. Additionally, you may evaluate how the addition of Logility to your portfolios can decrease your overall portfolio volatility.