Lite Retained Earnings vs Short Long Term Debt Analysis

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Lite Access financial indicator trend analysis is infinitely more than just investigating Lite Access Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lite Access Technologies is a good investment. Please check the relationship between Lite Access Retained Earnings and its Short Long Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lite Access Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Retained Earnings vs Short Long Term Debt

Retained Earnings vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lite Access Technologies Retained Earnings account and Short Long Term Debt. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Lite Access' Retained Earnings and Short Long Term Debt is -0.51. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Lite Access Technologies, assuming nothing else is changed. The correlation between historical values of Lite Access' Retained Earnings and Short 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 Retained Earnings of Lite Access Technologies are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Retained Earnings i.e., Lite Access' Retained Earnings and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.51

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

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.

Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Most indicators from Lite Access' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lite Access Technologies 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 Lite Access Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Lite Access' Issuance Of Capital Stock is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.58 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.6 M in 2024.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	2.4M	1.8M	2.1M	2.0M
Cost Of Revenue	5.9M	4.6M	5.3M	8.0M

Total Operating Expenses Cost Of Revenue

Lite Access fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Retained Earnings	Accounts Payable	Cash	Long Term Debt	Net Receivables	Inventory	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Short Long Term Debt Total	Other Current Liab	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Non Current Assets Total	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity
Total Assets		0.32	-0.06	0.42	0.88	-0.07	0.74	0.91	0.36	-0.34	0.98	0.31	0.35	0.6	0.15	0.89	0.89	0.84	-0.23	-0.85	0.84	0.88	0.12	0.51	0.42	0.48
Total Current Liabilities	0.32		-0.59	0.96	0.01	0.08	0.81	0.29	1.0	-0.13	0.34	0.17	0.54	0.36	0.95	-0.15	-0.13	0.29	-0.92	0.03	0.2	0.01	0.35	0.2	0.68	0.24
Retained Earnings	-0.06	-0.59		-0.4	0.13	-0.52	-0.47	-0.09	-0.62	-0.51	-0.08	-0.26	-0.92	-0.64	-0.5	0.24	0.17	-0.19	0.33	-0.22	0.01	0.14	-0.9	-0.44	-0.47	0.07
Accounts Payable	0.42	0.96	-0.4		0.1	-0.14	0.81	0.39	0.95	-0.32	0.42	0.23	0.39	0.3	0.91	-0.02	-0.02	0.41	-0.95	-0.07	0.34	0.1	0.16	0.12	0.7	0.34
Cash	0.88	0.01	0.13	0.1		-0.03	0.43	0.81	0.07	-0.24	0.93	0.19	0.17	0.47	-0.1	0.91	0.93	0.6	0.03	-0.99	0.57	1.0	-0.01	0.56	0.02	0.17
Long Term Debt	-0.07	0.08	-0.52	-0.14	-0.03		0.07	-0.08	0.13	0.45	-0.03	-0.39	0.48	0.34	0.08	-0.14	-0.08	-0.14	0.14	0.07	-0.19	-0.03	0.64	0.57	0.11	-0.49
Net Receivables	0.74	0.81	-0.47	0.81	0.43	0.07		0.63	0.83	-0.18	0.72	0.31	0.57	0.6	0.65	0.39	0.39	0.68	-0.66	-0.37	0.63	0.42	0.34	0.38	0.69	0.5
Inventory	0.91	0.29	-0.09	0.39	0.81	-0.08	0.63		0.34	-0.21	0.88	0.44	0.36	0.66	0.09	0.8	0.81	0.83	-0.16	-0.77	0.78	0.81	0.13	0.53	0.47	0.34
Total Liab	0.36	1.0	-0.62	0.95	0.07	0.13	0.83	0.34		-0.1	0.38	0.19	0.59	0.43	0.94	-0.11	-0.08	0.32	-0.89	-0.01	0.23	0.06	0.41	0.28	0.68	0.23
Short Long Term Debt	-0.34	-0.13	-0.51	-0.32	-0.24	0.45	-0.18	-0.21	-0.1		-0.28	0.39	0.4	0.43	-0.23	-0.32	-0.25	-0.28	0.39	0.31	-0.45	-0.24	0.57	0.4	-0.26	-0.37
Total Current Assets	0.98	0.34	-0.08	0.42	0.93	-0.03	0.72	0.88	0.38	-0.28		0.29	0.36	0.6	0.18	0.85	0.87	0.74	-0.25	-0.9	0.7	0.93	0.13	0.58	0.3	0.35
Short Term Debt	0.31	0.17	-0.26	0.23	0.19	-0.39	0.31	0.44	0.19	0.39	0.29		0.34	0.64	-0.06	0.24	0.26	0.45	-0.02	-0.12	0.31	0.19	0.22	0.28	0.18	0.37
Common Stock	0.35	0.54	-0.92	0.39	0.17	0.48	0.57	0.36	0.59	0.4	0.36	0.34		0.79	0.4	0.09	0.16	0.43	-0.27	-0.08	0.24	0.17	0.94	0.64	0.49	0.06
Short Long Term Debt Total	0.6	0.36	-0.64	0.3	0.47	0.34	0.6	0.66	0.43	0.43	0.6	0.64	0.79		0.12	0.42	0.48	0.59	-0.06	-0.37	0.45	0.46	0.71	0.83	0.4	0.18
Other Current Liab	0.15	0.95	-0.5	0.91	-0.1	0.08	0.65	0.09	0.94	-0.23	0.18	-0.06	0.4	0.12		-0.3	-0.29	0.11	-0.96	0.12	0.04	-0.1	0.24	0.04	0.59	0.12
Total Stockholder Equity	0.89	-0.15	0.24	-0.02	0.91	-0.14	0.39	0.8	-0.11	-0.32	0.85	0.24	0.09	0.42	-0.3		0.99	0.74	0.19	-0.9	0.78	0.91	-0.07	0.41	0.12	0.39
Net Tangible Assets	0.89	-0.13	0.17	-0.02	0.93	-0.08	0.39	0.81	-0.08	-0.25	0.87	0.26	0.16	0.48	-0.29	0.99		0.76	0.19	-0.92	0.74	0.93	-0.01	0.47	0.12	0.29
Property Plant And Equipment Net	0.84	0.29	-0.19	0.41	0.6	-0.14	0.68	0.83	0.32	-0.28	0.74	0.45	0.43	0.59	0.11	0.74	0.76		-0.22	-0.55	0.9	0.6	0.19	0.33	0.69	0.45
Current Deferred Revenue	-0.23	-0.92	0.33	-0.95	0.03	0.14	-0.66	-0.16	-0.89	0.39	-0.25	-0.02	-0.27	-0.06	-0.96	0.19	0.19	-0.22		-0.04	-0.15	0.03	-0.06	0.04	-0.61	-0.21
Net Debt	-0.85	0.03	-0.22	-0.07	-0.99	0.07	-0.37	-0.77	-0.01	0.31	-0.9	-0.12	-0.08	-0.37	0.12	-0.9	-0.92	-0.55	-0.04		-0.54	-0.99	0.1	-0.49	0.03	-0.15
Non Current Assets Total	0.84	0.2	0.01	0.34	0.57	-0.19	0.63	0.78	0.23	-0.45	0.7	0.31	0.24	0.45	0.04	0.78	0.74	0.9	-0.15	-0.54		0.57	0.05	0.21	0.62	0.7
Cash And Short Term Investments	0.88	0.01	0.14	0.1	1.0	-0.03	0.42	0.81	0.06	-0.24	0.93	0.19	0.17	0.46	-0.1	0.91	0.93	0.6	0.03	-0.99	0.57		-0.01	0.56	0.02	0.17
Common Stock Shares Outstanding	0.12	0.35	-0.9	0.16	-0.01	0.64	0.34	0.13	0.41	0.57	0.13	0.22	0.94	0.71	0.24	-0.07	-0.01	0.19	-0.06	0.1	0.05	-0.01		0.65	0.31	-0.06
Non Current Liabilities Total	0.51	0.2	-0.44	0.12	0.56	0.57	0.38	0.53	0.28	0.4	0.58	0.28	0.64	0.83	0.04	0.41	0.47	0.33	0.04	-0.49	0.21	0.56	0.65		0.12	-0.18
Other Current Assets	0.42	0.68	-0.47	0.7	0.02	0.11	0.69	0.47	0.68	-0.26	0.3	0.18	0.49	0.4	0.59	0.12	0.12	0.69	-0.61	0.03	0.62	0.02	0.31	0.12		0.31
Other Stockholder Equity	0.48	0.24	0.07	0.34	0.17	-0.49	0.5	0.34	0.23	-0.37	0.35	0.37	0.06	0.18	0.12	0.39	0.29	0.45	-0.21	-0.15	0.7	0.17	-0.06	-0.18	0.31

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Lite Access Account Relationship Matchups

Lite Access fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	11.6M	6.5M	3.6M	2.9M	3.3M	3.1M
Total Current Liabilities	12.7M	3.4M	2.9M	2.4M	2.7M	3.1M
Retained Earnings	(42.8M)	(40.6M)	(43.4M)	(44.9M)	(40.4M)	(38.4M)
Accounts Payable	9.1M	2.0M	782.5K	507.3K	583.4K	554.3K
Cash	1.5M	627.8K	239.1K	562.2K	505.9K	480.7K
Long Term Debt	121.9K	89.5K	80K	569.2K	654.5K	687.3K
Net Receivables	6.9M	2.8M	2.4M	1.4M	1.6M	2.8M
Inventory	383.2K	372.6K	96.4K	138.8K	159.7K	151.7K
Total Liab	13.0M	4.1M	3.0M	3.0M	3.5M	3.5M
Short Long Term Debt	70.3K	36.5K	468.6K	314.8K	362.0K	380.1K
Total Current Assets	8.8M	3.9M	2.7M	2.1M	2.4M	2.3M
Short Term Debt	284.0K	1.0M	366.9K	78.8K	90.6K	86.0K
Common Stock	36.2M	37.4M	38.3M	38.8M	44.6M	25.0M
Short Long Term Debt Total	666.3K	1.5M	508.2K	738.9K	849.7K	722.5K
Other Current Liab	12.4M	322.4K	1.7M	1.8M	2.0M	2.1M
Total Stockholder Equity	(1.4M)	2.5M	598.2K	(169.8K)	(152.8K)	(145.1K)
Net Tangible Assets	6.9M	(1.4M)	2.5M	598.2K	538.3K	511.4K
Property Plant And Equipment Net	2.8M	2.7M	860.6K	768.2K	883.4K	839.2K
Current Deferred Revenue	31.7K	(1.4M)	(9.1M)	5.9K	5.3K	5.6K
Net Debt	(820.3K)	877.6K	269.1K	176.7K	203.2K	213.4K
Non Current Assets Total	2.8M	2.7M	860.6K	768.2K	691.3K	656.8K
Cash And Short Term Investments	1.5M	627.8K	239.1K	562.2K	505.9K	480.7K
Common Stock Shares Outstanding	48.8M	71.3M	68.8M	84.3M	96.9M	50.9M
Liabilities And Stockholders Equity	11.6M	6.5M	3.6M	2.9M	2.6M	2.4M
Non Current Liabilities Total	382.3K	663.4K	141.3K	660.1K	759.1K	436.1K
Other Current Assets	103.7K	43.9K	6K	31.6K	36.3K	48.7K
Other Stockholder Equity	5.1M	5.7M	5.7M	18.8K	16.9K	16.1K
Property Plant Equipment	4.9M	2.8M	2.7M	860.6K	989.7K	940.2K
Accumulated Other Comprehensive Income	95.7K	5.7M	5.7M	5.9M	6.8M	7.1M
Capital Lease Obligations	507.9K	947.3K	113.4K	169.7K	152.7K	145.1K
Net Invested Capital	(1.2M)	3.0M	992.9K	399.4K	359.5K	341.5K
Net Working Capital	(3.8M)	439.5K	(121.2K)	(277.8K)	(250.0K)	(237.5K)
Capital Stock	36.2M	37.4M	38.3M	38.8M	44.6M	37.7M

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