SCX Net Working Capital from 2010 to 2024

SCX Stock  USD 16.11  0.03  0.19%   
LS Starrett Net Working Capital yearly trend continues to be fairly stable with very little volatility. Net Working Capital will likely drop to about 65.4 M in 2024. During the period from 2010 to 2024, LS Starrett Net Working Capital regression line of annual values had r-squared of  0.05 and arithmetic mean of  79,205,374. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
74.4 M
Current Value
65.4 M
Quarterly Volatility
6.9 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check LS Starrett financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SCX main balance sheet or income statement drivers, such as Depreciation And Amortization of 6.8 M, Interest Expense of 1.2 M or Total Revenue of 232.7 M, as well as many exotic indicators such as Price To Sales Ratio of 0.33, Dividend Yield of 0.0259 or PTB Ratio of 1.13. SCX financial statements analysis is a perfect complement when working with LS Starrett Valuation or Volatility modules.
  
This module can also supplement various LS Starrett Technical models . Check out the analysis of LS Starrett Correlation against competitors.
For more information on how to buy SCX Stock please use our How to Invest in LS Starrett guide.

Latest LS Starrett's Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of LS Starrett over the last few years. It is LS Starrett's Net Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in LS Starrett's overall financial position and show how it may be relating to other accounts over time.
Net Working Capital10 Years Trend
Pretty Stable
   Net Working Capital   
       Timeline  

SCX Net Working Capital Regression Statistics

Arithmetic Mean79,205,374
Geometric Mean78,920,844
Coefficient Of Variation8.66
Mean Deviation4,436,918
Median79,384,000
Standard Deviation6,860,278
Sample Variance47.1T
Range26.5M
R-Value(0.22)
Mean Square Error48.2T
R-Squared0.05
Significance0.42
Slope(342,060)
Total Sum of Squares658.9T

SCX Net Working Capital History

202465.4 M
202374.4 M
202282.6 M
202191.9 M
202067.5 M
201976.3 M
201887.3 M

About LS Starrett Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include LS Starrett income statement, its balance sheet, and the statement of cash flows. LS Starrett investors use historical funamental indicators, such as LS Starrett's Net Working Capital, to determine how well the company is positioned to perform in the future. Although LS Starrett investors may use each financial statement separately, they are all related. The changes in LS Starrett's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on LS Starrett's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on LS Starrett Financial Statements. Understanding these patterns can help to make the right decision on long term investment in LS Starrett. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Working Capital74.4 M65.4 M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards LS Starrett in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, LS Starrett's short interest history, or implied volatility extrapolated from LS Starrett options trading.

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When determining whether LS Starrett offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LS Starrett'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 Ls Starrett Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ls Starrett Stock:
Check out the analysis of LS Starrett Correlation against competitors.
For more information on how to buy SCX Stock please use our How to Invest in LS Starrett guide.
Note that the LS Starrett information on this page should be used as a complementary analysis to other LS Starrett's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running LS Starrett's price analysis, check to measure LS Starrett'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 LS Starrett is operating at the current time. Most of LS Starrett's value examination focuses on studying past and present price action to predict the probability of LS Starrett's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LS Starrett's price. Additionally, you may evaluate how the addition of LS Starrett to your portfolios can decrease your overall portfolio volatility.
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Is LS Starrett's industry 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 LS Starrett. If investors know SCX 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 LS Starrett 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
(0.07)
Earnings Share
2.57
Revenue Per Share
33.787
Quarterly Revenue Growth
(0.07)
Return On Assets
0.0792
The market value of LS Starrett is measured differently than its book value, which is the value of SCX that is recorded on the company's balance sheet. Investors also form their own opinion of LS Starrett's value that differs from its market value or its book value, called intrinsic value, which is LS Starrett'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 LS Starrett's market value can be influenced by many factors that don't directly affect LS Starrett'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 LS Starrett's value and its price as these two are different measures arrived at by different means. Investors typically determine if LS Starrett is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LS Starrett'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.