LENSAR Net Receivables vs Long Term Debt Analysis
LNSR Stock | USD 7.67 0.03 0.39% |
LENSAR financial indicator trend analysis is infinitely more than just investigating LENSAR Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LENSAR Inc is a good investment. Please check the relationship between LENSAR Net Receivables and its Long Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LENSAR Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Net Receivables vs Long Term Debt
Net Receivables vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LENSAR Inc Net Receivables account and Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between LENSAR's Net Receivables and Long Term Debt is -0.25. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of LENSAR Inc, assuming nothing else is changed. The correlation between historical values of LENSAR's Net Receivables and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of LENSAR Inc are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Net Receivables i.e., LENSAR's Net Receivables and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.25 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Receivables
Long Term Debt
Long-term debt is a debt that LENSAR Inc has held for over one year. Long-term debt appears on LENSAR Inc balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on LENSAR Inc balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most indicators from LENSAR's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LENSAR Inc 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 LENSAR Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. As of 12/12/2024, Selling General Administrative is likely to drop to about 26.2 M. In addition to that, Issuance Of Capital Stock is likely to drop to about 9.1 M
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 17.8M | 20.0M | 21.1M | 19.0M | Total Revenue | 34.5M | 35.4M | 42.2M | 37.2M |
LENSAR fundamental ratios Correlations
Click cells to compare fundamentals
LENSAR Account Relationship Matchups
High Positive Relationship
High Negative Relationship
LENSAR fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 697K | 4.6M | 4.1M | 4.2M | 5.2M | 3.8M | |
Total Current Liabilities | 7.8M | 8.5M | 8.7M | 11.4M | 11.6M | 10.2M | |
Other Liab | 310K | 129K | 69K | 167K | 150.3K | 184.6K | |
Net Tangible Assets | (43.9M) | 55.1M | 44.0M | 29.9M | 34.3M | 36.1M | |
Retained Earnings | (38.2M) | (58.0M) | (77.6M) | (97.5M) | (111.9M) | (106.3M) | |
Accounts Payable | 1.6M | 2.5M | 2.7M | 5.4M | 4.0M | 3.2M | |
Other Assets | 983K | 7.8M | 3.3M | 497K | 1.0 | 0.95 | |
Net Receivables | 3.9M | 2.5M | 5.0M | 6.2M | 4.3M | 4.7M | |
Inventory | 8.1M | 13.5M | 6.5M | 11.7M | 15.7M | 10.9M | |
Total Current Assets | 17.2M | 58.4M | 44.8M | 33.7M | 46.4M | 38.9M | |
Common Stock | 11K | 109K | 110K | 111K | 113K | 100.8K | |
Property Plant Equipment | 3.0M | 8.1M | 7.4M | 9.5M | 10.9M | 7.0M |
Pair Trading with LENSAR
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 LENSAR 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 LENSAR will appreciate offsetting losses from the drop in the long position's value.Moving together with LENSAR Stock
Moving against LENSAR Stock
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The ability to find closely correlated positions to LENSAR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LENSAR 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 LENSAR - 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 LENSAR Inc to buy it.
The correlation of LENSAR 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 LENSAR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LENSAR Inc 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 LENSAR 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 LENSAR Stock Analysis
When running LENSAR's price analysis, check to measure LENSAR'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 LENSAR is operating at the current time. Most of LENSAR's value examination focuses on studying past and present price action to predict the probability of LENSAR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LENSAR's price. Additionally, you may evaluate how the addition of LENSAR to your portfolios can decrease your overall portfolio volatility.