Luna Other Operating Expenses vs Net Interest Income Analysis
LUNA Stock | USD 1.81 0.01 0.55% |
Luna Innovations financial indicator trend analysis is infinitely more than just investigating Luna Innovations recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Luna Innovations is a good investment. Please check the relationship between Luna Innovations Other Operating Expenses and its Net Interest Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Luna Innovations Incorporated. 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.
Other Operating Expenses vs Net Interest Income
Other Operating Expenses vs Net Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Luna Innovations Other Operating Expenses account and Net Interest Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Luna Innovations' Other Operating Expenses and Net Interest Income is -0.78. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Luna Innovations Incorporated, assuming nothing else is changed. The correlation between historical values of Luna Innovations' Other Operating Expenses and Net Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Luna Innovations Incorporated are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Other Operating Expenses i.e., Luna Innovations' Other Operating Expenses and Net Interest Income go up and down completely randomly.
Correlation Coefficient | -0.78 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Luna Innovations. It is also known as Luna Innovations overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Most indicators from Luna Innovations' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Luna Innovations 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 Luna Innovations Incorporated. 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 present, Luna Innovations' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 292.66, whereas Discontinued Operations is forecasted to decline to about 1.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 51.6M | 66.5M | 68.8M | 72.2M | Total Revenue | 87.5M | 109.5M | 116.6M | 122.4M |
Luna Innovations fundamental ratios Correlations
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Luna Innovations Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Luna Innovations fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 86.5M | 131.0M | 130.2M | 151.0M | 173.7M | 182.3M | |
Other Current Liab | 12.2M | 20.9M | 18.6M | 12.9M | 14.8M | 8.0M | |
Total Current Liabilities | 17.0M | 30.1M | 32.7M | 33.6M | 38.7M | 40.6M | |
Total Stockholder Equity | 67.5M | 74.4M | 81.9M | 93.4M | 107.4M | 112.8M | |
Net Debt | (21.7M) | 17.3M | 4.3M | 22.3M | 20.1M | 21.1M | |
Cash | 25.0M | 15.4M | 17.1M | 6.0M | 6.9M | 6.6M | |
Other Assets | 1.9M | 2.5M | 3.6M | 7.9M | 9.1M | 9.5M | |
Cash And Short Term Investments | 25.0M | 15.4M | 17.1M | 6.0M | 6.9M | 6.6M | |
Common Stock Shares Outstanding | 31.8M | 32.6M | 31.7M | 32.6M | 37.5M | 39.4M | |
Liabilities And Stockholders Equity | 86.5M | 131.0M | 130.2M | 151.0M | 173.7M | 182.3M | |
Non Current Liabilities Total | 2.0M | 26.5M | 15.6M | 24.0M | 27.6M | 28.9M | |
Other Stockholder Equity | 83.7M | 87.6M | 93.5M | 99.3M | 114.2M | 66.6M | |
Total Liab | 19.1M | 56.6M | 48.3M | 57.6M | 66.2M | 69.6M | |
Total Current Assets | 58.1M | 75.5M | 82.4M | 87.9M | 101.1M | 106.1M | |
Short Long Term Debt Total | 3.3M | 32.7M | 21.5M | 28.3M | 32.6M | 34.2M | |
Other Liab | 2.0M | 214K | 445K | 346K | 311.4K | 295.8K | |
Property Plant And Equipment Net | 3.5M | 14.8M | 8.1M | 9.6M | 11.0M | 5.6M | |
Current Deferred Revenue | 3.9M | 7.1M | 4.6M | 4.1M | 4.7M | 2.8M | |
Retained Earnings | (16.2M) | (13.0M) | (11.6M) | (2.3M) | (2.1M) | (2.2M) | |
Accounts Payable | 2.8M | 2.9M | 2.8M | 8.1M | 9.3M | 9.8M | |
Non Current Assets Total | 28.4M | 55.5M | 47.8M | 63.1M | 72.6M | 76.2M | |
Non Currrent Assets Other | 3.8M | 39K | 247K | 3.3M | 3.7M | 3.9M | |
Net Receivables | 21.5M | 26.1M | 26.1M | 40.9M | 47.1M | 49.4M | |
Common Stock Total Equity | 31.8K | 33K | 34K | 35K | 40.3K | 21.6K | |
Inventory | 10.3M | 23.6M | 22.5M | 36.6M | 42.1M | 44.2M | |
Other Current Assets | 1.3M | 11.0M | 16.7M | 4.3M | 5.0M | 5.2M | |
Property Plant And Equipment Gross | 3.5M | 14.8M | 8.1M | 9.6M | 11.0M | 5.6M | |
Accumulated Other Comprehensive Income | 0.0 | (248K) | (33K) | (3.6M) | (3.3M) | (3.4M) | |
Short Term Debt | 1.3M | 6.1M | 6.3M | 4.8M | 5.5M | 5.8M | |
Intangible Assets | 10.2M | 20.1M | 17.2M | 18.8M | 21.6M | 22.6M | |
Common Stock | 32K | 33K | 34K | 35K | 40.3K | 21.6K | |
Property Plant Equipment | 3.5M | 3.3M | 8.1M | 4.9M | 5.6M | 4.6M | |
Good Will | 10.5M | 18.1M | 19.0M | 26.9M | 31.0M | 32.5M | |
Net Tangible Assets | 46.7M | 36.2M | 45.8M | 93.4M | 107.4M | 112.8M | |
Retained Earnings Total Equity | (16.2M) | (13.0M) | (11.6M) | (2.3M) | (2.6M) | (2.8M) | |
Long Term Debt Total | 23.1K | 15.8M | 11.7M | 20.7M | 23.8M | 25.0M | |
Capital Surpluse | 88.0M | 92.4M | 98.7M | 104.9M | 120.6M | 88.4M | |
Capital Lease Obligations | 1.3M | 12.7M | 5.6M | 5.1M | 5.9M | 6.1M |
Also Currently Popular
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 Luna Innovations offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Luna Innovations' 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 Luna Innovations Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Luna Innovations Incorporated Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Luna Innovations Incorporated. 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. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Electronic Equipment, Instruments & Components 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 Luna Innovations. If investors know Luna 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 Luna Innovations listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.68) | Earnings Share (0.03) | Revenue Per Share 3.487 | Quarterly Revenue Growth 0.053 | Return On Assets 0.0055 |
The market value of Luna Innovations is measured differently than its book value, which is the value of Luna that is recorded on the company's balance sheet. Investors also form their own opinion of Luna Innovations' value that differs from its market value or its book value, called intrinsic value, which is Luna Innovations' 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 Luna Innovations' market value can be influenced by many factors that don't directly affect Luna Innovations' 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 Luna Innovations' value and its price as these two are different measures arrived at by different means. Investors typically determine if Luna Innovations is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Luna Innovations' 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.