LTFOODS Stock | | | 427.25 12.25 2.79% |
LT Foods financial indicator trend analysis is infinitely more than just investigating LT Foods Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LT Foods Limited is a good investment. Please check the relationship between LT Foods Intangible Assets and its Retained Earnings accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LT Foods Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
Intangible Assets vs Retained Earnings
Intangible Assets vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
LT Foods Limited Intangible Assets account and
Retained Earnings. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between LT Foods' Intangible Assets and Retained Earnings is 0.41. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of LT Foods Limited, assuming nothing else is changed. The correlation between historical values of LT Foods' Intangible Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of LT Foods Limited are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Intangible Assets i.e., LT Foods' Intangible Assets and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.41 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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.
Most indicators from LT Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LT Foods Limited 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 LT Foods Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
Selling General Administrative is likely to drop to about 924.6
M in 2024.
Tax Provision is likely to drop to about 1.1
B in 2024
LT Foods fundamental ratios Correlations
Click cells to compare fundamentals
LT Foods Account Relationship Matchups
High Positive Relationship
High Negative Relationship
LT Foods fundamental ratios Accounts
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measure LT Foods' 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 LT Foods is operating at the current time. Most of LT Foods' value examination focuses on studying past and present price action to
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