Logan Inventory vs Total Liab Analysis
LRFC Stock | USD 26.00 0.02 0.08% |
Logan Ridge financial indicator trend analysis is infinitely more than just investigating Logan Ridge Finance recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Logan Ridge Finance is a good investment. Please check the relationship between Logan Ridge Inventory and its Total Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Logan Ridge Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
Inventory vs Total Liab
Inventory vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Logan Ridge Finance Inventory account and Total Liab. At this time, the significance of the direction appears to have weak relationship.
The correlation between Logan Ridge's Inventory and Total Liab is 0.35. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Liab in the same time period over historical financial statements of Logan Ridge Finance, assuming nothing else is changed. The correlation between historical values of Logan Ridge's Inventory and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Logan Ridge Finance are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Inventory i.e., Logan Ridge's Inventory and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.35 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Inventory
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most indicators from Logan Ridge's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Logan Ridge Finance 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 Logan Ridge Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. At present, Logan Ridge's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 50.60, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.88.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 15.3M | 14.8M | 19.9M | 24.4M | Net Interest Income | 4.7M | 7.0M | 11.5M | 13.6M |
Logan Ridge fundamental ratios Correlations
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Logan Ridge Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Logan Ridge fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 2.7M | 2.7M | 2.7M | 2.7M | 2.7M | 2.8M | |
Total Assets | 427.3M | 328.0M | 242.2M | 214.7M | 197.1M | 333.5M | |
Short Long Term Debt Total | 272.6M | 213.5M | 122.8M | 117.1M | 101.5M | 185.9M | |
Other Current Liab | (3.0M) | (1.7M) | (11.3M) | (13.9M) | 833K | 874.7K | |
Total Current Liabilities | 3.0M | 1.7M | 11.3M | 1.7M | 833K | 791.4K | |
Total Stockholder Equity | 148.1M | 108.9M | 107.0M | 95.0M | 89.2M | 142.1M | |
Net Debt | 210.2M | 163.6M | 83.7M | 110.3M | 97.6M | 153.2M | |
Retained Earnings | (89.9M) | (120.6M) | (81.8M) | (96.1M) | (99.3M) | (94.3M) | |
Accounts Payable | 3.0M | 1.7M | 11.3M | 1.7M | 1.9M | 1.9M | |
Cash | 62.3M | 49.9M | 39.1M | 6.8M | 3.9M | 3.7M | |
Non Current Assets Total | 362.5M | 274.7M | 198.2M | 203.6M | 173.6M | 295.3M | |
Cash And Short Term Investments | 62.3M | 49.9M | 39.1M | 6.8M | 22.3M | 33.9M | |
Net Receivables | 1.7M | 2.3M | 1.6M | 1.6M | 1.4M | 2.5M | |
Common Stock Total Equity | 160K | 161K | 162K | 27K | 24.3K | 23.1K | |
Liabilities And Stockholders Equity | 427.3M | 328.0M | 242.2M | 214.7M | 197.1M | 333.5M | |
Non Current Liabilities Total | 272.6M | 213.5M | 122.8M | 1.7M | 101.5M | 177.8M | |
Other Current Assets | (64.1M) | 1.1M | (40.7M) | (8.4M) | 2.2M | 2.3M | |
Total Liab | 279.2M | 219.1M | 135.2M | 119.7M | 107.9M | 191.4M | |
Total Current Assets | 64.1M | 52.2M | 40.7M | 8.4M | 25.9M | 37.9M | |
Common Stock | 160K | 161K | 162K | 27K | 24.3K | 23.1K | |
Other Stockholder Equity | 237.9M | 229.5M | 188.8M | 191.0M | 188.4M | 178.2M | |
Short Term Debt | 51.2M | 51.5M | 51.9M | 13.9M | 14.0M | 13.3M | |
Net Tangible Assets | 148.1M | 108.9M | 107.0M | 95.0M | 85.5M | 116.2M | |
Other Assets | 739K | 1.1M | 3.4M | 2.7M | (2.4M) | (2.2M) | |
Net Invested Capital | 420.7M | 322.4M | 229.8M | 212.1M | 190.7M | 272.5M | |
Long Term Investments | 362.5M | 274.7M | 198.2M | 203.6M | 189.7M | 248.9M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Logan Ridge Finance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Logan Ridge's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Logan Ridge Finance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Logan Ridge Finance Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Logan Ridge Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Asset Management & Custody Banks 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 Logan Ridge. If investors know Logan 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 Logan Ridge listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 1.28 | Earnings Share (1.22) | Revenue Per Share 7.449 | Quarterly Revenue Growth (0) | Return On Assets 0.0381 |
The market value of Logan Ridge Finance is measured differently than its book value, which is the value of Logan that is recorded on the company's balance sheet. Investors also form their own opinion of Logan Ridge's value that differs from its market value or its book value, called intrinsic value, which is Logan Ridge'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 Logan Ridge's market value can be influenced by many factors that don't directly affect Logan Ridge'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 Logan Ridge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Logan Ridge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Logan Ridge'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.