| LTRX Stock | | | USD 3.59 0.03 0.83% |
Lantronix financial indicator trend analysis is infinitely more than just investigating Lantronix recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lantronix is a good investment. Please check the relationship between Lantronix Long Term Debt and its Total Current Liabilities accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lantronix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
For more information on how to buy Lantronix Stock please use our
How to Invest in Lantronix guide.
Long Term Debt vs Total Current Liabilities
Long Term Debt vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lantronix Long Term Debt account and
Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Lantronix's Long Term Debt and Total Current Liabilities is 0.87. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Lantronix, assuming nothing else is changed. The correlation between historical values of Lantronix's Long Term Debt and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Lantronix are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Long Term Debt i.e., Lantronix's Long Term Debt and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.87 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Long Term Debt
Long-term debt is a debt that Lantronix has held for over one year. Long-term debt appears on Lantronix 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 Lantronix 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.
Total Current Liabilities
Total Current Liabilities is an item on Lantronix balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Lantronix are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Lantronix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lantronix 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 Lantronix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
For more information on how to buy Lantronix Stock please use our
How to Invest in Lantronix guide.At this time, Lantronix's
Tax Provision is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 0.44 in 2024, whereas
Selling General Administrative is likely to drop slightly above 18.2
M in 2024.
Lantronix fundamental ratios Correlations
Click cells to compare fundamentals
Lantronix Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lantronix fundamental ratios Accounts
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Additional Tools for Lantronix Stock Analysis
When running Lantronix's price analysis, check to
measure Lantronix'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 Lantronix is operating at the current time. Most of Lantronix's value examination focuses on studying past and present price action to
predict the probability of Lantronix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lantronix's price. Additionally, you may evaluate how the addition of Lantronix to your portfolios can decrease your overall portfolio volatility.