Louisiana Total Current Assets vs Inventory Analysis

LPX Stock  USD 118.20  1.56  1.34%   
Louisiana Pacific financial indicator trend analysis is infinitely more than just investigating Louisiana Pacific recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Louisiana Pacific is a good investment. Please check the relationship between Louisiana Pacific Total Current Assets and its Inventory accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Louisiana Pacific. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Louisiana Stock please use our How to Invest in Louisiana Pacific guide.

Total Current Assets vs Inventory

Total Current Assets vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Louisiana Pacific Total Current Assets account and Inventory. At this time, the significance of the direction appears to have very week relationship.
The correlation between Louisiana Pacific's Total Current Assets and Inventory is 0.22. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Inventory in the same time period over historical financial statements of Louisiana Pacific, assuming nothing else is changed. The correlation between historical values of Louisiana Pacific's Total Current Assets and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Louisiana Pacific are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Total Current Assets i.e., Louisiana Pacific's Total Current Assets and Inventory go up and down completely randomly.

Correlation Coefficient

0.22
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Inventory

Most indicators from Louisiana Pacific's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Louisiana Pacific 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 Louisiana Pacific. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Louisiana Stock please use our How to Invest in Louisiana Pacific guide.At this time, Louisiana Pacific's Discontinued Operations is fairly stable compared to the past year. Tax Provision is likely to rise to about 139.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 189.9 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit2.1B1.5B593M581.7M
Total Revenue4.6B3.9B2.6B2.5B

Louisiana Pacific fundamental ratios Correlations

0.34-0.010.220.750.41-0.190.590.550.43-0.220.590.30.110.430.350.2-0.610.590.50.71-0.01-0.02-0.490.220.21
0.34-0.36-0.52-0.31-0.410.54-0.460.170.460.760.17-0.220.480.95-0.460.550.020.9-0.210.10.38-0.25-0.130.530.53
-0.01-0.360.410.140.3-0.130.15-0.13-0.15-0.42-0.120.24-0.49-0.30.360.010.1-0.190.29-0.01-0.07-0.340.2-0.51-0.52
0.22-0.520.410.550.61-0.480.740.14-0.14-0.770.140.72-0.54-0.590.78-0.05-0.6-0.350.210.370.040.29-0.14-0.61-0.61
0.75-0.310.140.550.64-0.660.920.560.11-0.660.580.42-0.16-0.250.65-0.21-0.59-0.080.50.73-0.210.13-0.42-0.08-0.09
0.41-0.410.30.610.64-0.090.76-0.20.49-0.7-0.190.39-0.78-0.330.93-0.15-0.62-0.160.760.07-0.330.14-0.24-0.69-0.69
-0.190.54-0.13-0.48-0.66-0.09-0.61-0.730.580.58-0.72-0.28-0.180.58-0.280.370.190.520.14-0.720.18-0.270.01-0.12-0.13
0.59-0.460.150.740.920.76-0.610.370.11-0.780.380.56-0.39-0.430.82-0.18-0.75-0.240.470.58-0.280.26-0.31-0.34-0.34
0.550.17-0.130.140.56-0.2-0.730.37-0.31-0.11.00.170.610.11-0.05-0.01-0.230.15-0.270.950.090.11-0.160.590.6
0.430.46-0.15-0.140.110.490.580.11-0.310.25-0.31-0.18-0.40.50.30.39-0.260.520.44-0.19-0.06-0.2-0.27-0.27-0.27
-0.220.76-0.42-0.77-0.66-0.70.58-0.78-0.10.25-0.12-0.580.470.68-0.750.410.540.49-0.51-0.30.32-0.320.070.470.48
0.590.17-0.120.140.58-0.19-0.720.381.0-0.31-0.120.180.610.13-0.05-0.01-0.250.18-0.220.950.090.1-0.180.60.61
0.3-0.220.240.720.420.39-0.280.560.17-0.18-0.580.18-0.23-0.270.53-0.14-0.64-0.070.320.40.330.07-0.41-0.22-0.23
0.110.48-0.49-0.54-0.16-0.78-0.18-0.390.61-0.40.470.61-0.230.47-0.730.030.240.36-0.490.410.190.080.010.970.97
0.430.95-0.3-0.59-0.25-0.330.58-0.430.110.50.680.13-0.270.47-0.460.530.010.960.00.060.22-0.25-0.130.550.55
0.35-0.460.360.780.650.93-0.280.82-0.050.3-0.75-0.050.53-0.73-0.46-0.1-0.64-0.270.560.22-0.260.29-0.11-0.69-0.69
0.20.550.01-0.05-0.21-0.150.37-0.18-0.010.390.41-0.01-0.140.030.53-0.1-0.110.56-0.180.030.05-0.180.10.010.01
-0.610.020.1-0.6-0.59-0.620.19-0.75-0.23-0.260.54-0.25-0.640.240.01-0.64-0.11-0.19-0.4-0.470.2-0.260.30.190.19
0.590.9-0.19-0.35-0.08-0.160.52-0.240.150.520.490.18-0.070.360.96-0.270.56-0.190.140.180.25-0.2-0.220.440.43
0.5-0.210.290.210.50.760.140.47-0.270.44-0.51-0.220.32-0.490.00.56-0.18-0.40.14-0.04-0.2-0.11-0.44-0.32-0.34
0.710.1-0.010.370.730.07-0.720.580.95-0.19-0.30.950.40.410.060.220.03-0.470.18-0.040.080.15-0.260.410.41
-0.010.38-0.070.04-0.21-0.330.18-0.280.09-0.060.320.090.330.190.22-0.260.050.20.25-0.20.08-0.18-0.460.160.16
-0.02-0.25-0.340.290.130.14-0.270.260.11-0.2-0.320.10.070.08-0.250.29-0.18-0.26-0.2-0.110.15-0.180.36-0.03-0.03
-0.49-0.130.2-0.14-0.42-0.240.01-0.31-0.16-0.270.07-0.18-0.410.01-0.13-0.110.10.3-0.22-0.44-0.26-0.460.36-0.12-0.11
0.220.53-0.51-0.61-0.08-0.69-0.12-0.340.59-0.270.470.6-0.220.970.55-0.690.010.190.44-0.320.410.16-0.03-0.121.0
0.210.53-0.52-0.61-0.09-0.69-0.13-0.340.6-0.270.480.61-0.230.970.55-0.690.010.190.43-0.340.410.16-0.03-0.111.0
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Louisiana Pacific Account Relationship Matchups

Louisiana Pacific fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.8B2.1B2.2B2.4B2.4B2.8B
Short Long Term Debt Total384M380M390M395M378M500.6M
Other Current Liab(6M)169M151M131M124M130.2M
Total Current Liabilities244M286M351M336M259M229.8M
Total Stockholder Equity991M1.2B1.2B1.4B1.6B1.5B
Property Plant And Equipment Net1.0B958M1.1B1.4B1.6B1.2B
Net Debt203M(155M)32M26M156M235.2M
Retained Earnings966M1.2B1.2B1.4B1.5B1.2B
Cash181M535M358M369M222M365.0M
Non Current Assets Total1.2B1.1B1.3B1.5B1.7B1.4B
Non Currrent Assets Other146M76M122M78M51M48.5M
Cash And Short Term Investments181M535M358M369M222M435.0M
Net Receivables127.6M164M184M155M127M154.0M
Common Stock Shares Outstanding123M112M98M78M72M125.9M
Liabilities And Stockholders Equity1.8B2.1B2.2B2.4B2.4B2.8B
Non Current Liabilities Total590M556M604M580M621M974.7M
Inventory265M259M323M337M378M256.8M
Other Current Assets9M30M100M21M23M21.9M
Other Stockholder Equity48M55M68M73M79M75.1M
Total Liab834M842M955M916M880M1.3B
Property Plant And Equipment Gross1.0B958M1.1B1.4B3.3B3.5B
Total Current Assets619M993M890M854M778M898.5M
Accumulated Other Comprehensive Income(153M)(151M)(174M)(99M)(89M)(93.5M)
Short Term Debt25.1M5M8M7M6M5.7M
Accounts Payable242M91M180M178M121M138.7M
Intangible Assets26.2M50M56M45M8M7.6M
Common Stock Total Equity130M124M102M88M101.2M142.8M
Common Stock130M124M102M88M101.2M141.0M
Other Liab205M206M176M214M194M194.1M
Other Assets72.6M80M84M(1M)(900K)(855K)
Long Term Debt350.8M346.9M348M346M347M500.6M
Treasury Stock(406M)(397M)(390M)(388M)(349.2M)(366.7M)
Property Plant Equipment965M918M1.1B1.3B1.2B839.1M
Net Tangible Assets1.0B1.2B1.2B1.4B1.6B1.4B
Retained Earnings Total Equity966M1.2B1.2B1.4B1.6B1.1B
Long Term Debt Total350.8M346.9M348M346M311.4M415.5M
Capital Surpluse454M452M458M462M415.8M388.5M

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Additional Tools for Louisiana Stock Analysis

When running Louisiana Pacific's price analysis, check to measure Louisiana Pacific'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 Louisiana Pacific is operating at the current time. Most of Louisiana Pacific's value examination focuses on studying past and present price action to predict the probability of Louisiana Pacific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Louisiana Pacific's price. Additionally, you may evaluate how the addition of Louisiana Pacific to your portfolios can decrease your overall portfolio volatility.