Lumentum Accounts Payable vs Current Deferred Revenue Analysis
LITE Stock | USD 43.50 0.14 0.32% |
Lumentum Holdings financial indicator trend analysis is infinitely more than just investigating Lumentum Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lumentum Holdings is a good investment. Please check the relationship between Lumentum Holdings Accounts Payable and its Current Deferred Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lumentum Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Lumentum Stock refer to our How to Trade Lumentum Stock guide.
Accounts Payable vs Current Deferred Revenue
Accounts Payable vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lumentum Holdings Accounts Payable account and Current Deferred Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Lumentum Holdings' Accounts Payable and Current Deferred Revenue is -0.83. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Lumentum Holdings, assuming nothing else is changed. The correlation between historical values of Lumentum Holdings' Accounts Payable and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Lumentum Holdings are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Accounts Payable i.e., Lumentum Holdings' Accounts Payable and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | -0.83 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Accounts Payable
An accounting item on the balance sheet that represents Lumentum Holdings obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Lumentum Holdings are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Most indicators from Lumentum Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lumentum Holdings 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 Lumentum Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Lumentum Stock refer to our How to Trade Lumentum Stock guide.At present, Lumentum Holdings' Enterprise Value Over EBITDA is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 23.99, whereas Selling General Administrative is forecasted to decline to about 220.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 80.2M | 35.5M | 40.8M | 28.1M | Depreciation And Amortization | 167.1M | 255.6M | 293.9M | 308.6M |
Lumentum Holdings fundamental ratios Correlations
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Lumentum Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lumentum Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 77.6M | 78.4M | 74.2M | 68.3M | 78.5M | 72.1M | |
Total Assets | 3.3B | 3.6B | 4.2B | 4.6B | 5.3B | 5.6B | |
Other Current Liab | 119.5M | 144.6M | 138.7M | 136.3M | 156.7M | 97.2M | |
Total Current Liabilities | 283M | 664.6M | 716.5M | 633.8M | 728.9M | 765.3M | |
Total Stockholder Equity | 1.7B | 2.0B | 1.9B | 1.4B | 1.6B | 1.2B | |
Other Liab | 82.5M | 76.8M | 55.8M | 94.8M | 109.0M | 114.5M | |
Property Plant And Equipment Net | 471.7M | 428.5M | 434.1M | 566.8M | 651.8M | 348.1M | |
Net Debt | 890.7M | 465.6M | 645.8M | 2.0B | 2.3B | 2.4B | |
Accounts Payable | 150.8M | 116.9M | 156.7M | 169.4M | 194.8M | 133.3M | |
Cash | 298M | 774.3M | 1.3B | 859M | 987.9M | 1.0B | |
Non Current Assets Total | 1.2B | 1.1B | 1.0B | 1.9B | 2.1B | 2.2B | |
Non Currrent Assets Other | 4M | 3.3M | 37.3M | 16.8M | 19.3M | 20.3M | |
Other Assets | 85.2M | 76.2M | 64.3M | 133.1M | 153.1M | 81.2M | |
Cash And Short Term Investments | 1.6B | 1.9B | 2.5B | 2.0B | 2.3B | 2.4B | |
Net Receivables | 233.5M | 212.8M | 262M | 246.1M | 283.0M | 213.5M | |
Liabilities And Stockholders Equity | 3.3B | 3.6B | 4.2B | 4.6B | 5.3B | 5.6B | |
Non Current Liabilities Total | 1.3B | 914.2M | 1.6B | 2.6B | 3.0B | 3.2B | |
Inventory | 188.9M | 196.4M | 250.1M | 408.6M | 469.9M | 493.4M | |
Other Current Assets | 73.8M | 81.6M | 78.1M | 109.6M | 126.0M | 132.3M | |
Other Stockholder Equity | 1.7B | 1.7B | 2.0B | 1.7B | 1.9B | 2.0B | |
Total Liab | 1.5B | 1.6B | 2.3B | 3.3B | 3.8B | 4.0B | |
Property Plant And Equipment Gross | 471.7M | 428.5M | 434.1M | 566.8M | 651.8M | 348.1M | |
Total Current Assets | 2.1B | 2.4B | 3.1B | 2.8B | 3.2B | 3.4B | |
Accumulated Other Comprehensive Income | 7.9M | 8.2M | 400K | 4.1M | 3.7M | 3.5M | |
Intangible Assets | 316.8M | 241.2M | 155.7M | 459.2M | 528.1M | 554.5M | |
Property Plant Equipment | 471.7M | 428.5M | 434.1M | 566.8M | 651.8M | 348.1M | |
Net Tangible Assets | 1.1B | 1.4B | 1.4B | 201.5M | 231.7M | 220.1M | |
Retained Earnings | 64.6M | 220.9M | (129.1M) | (340.6M) | (306.5M) | (291.2M) | |
Long Term Debt | 1.1B | 789.8M | 1.5B | 2.5B | 2.9B | 3.0B | |
Current Deferred Revenue | 2.9M | 1.9M | 600K | 2.1M | 1.9M | 1.8M | |
Retained Earnings Total Equity | 129.1M | 64.6M | (129.1M) | (340.6M) | (306.5M) | (291.2M) | |
Short Term Investments | 1.3B | 1.2B | 1.3B | 1.2B | 1.3B | 705.6M | |
Deferred Long Term Liab | 55.9M | 46.5M | 12.9M | 3.4M | 3.9M | 3.7M | |
Non Current Liabilities Other | 19.6M | 40.9M | 42.9M | 91.4M | 105.1M | 110.4M | |
Capital Surpluse | 1.4B | 1.7B | 2.0B | 1.7B | 1.9B | 1.4B | |
Short Long Term Debt Total | 1.2B | 1.2B | 1.9B | 2.9B | 3.3B | 3.5B | |
Long Term Debt Total | 835.9M | 1.1B | 1.5B | 2.5B | 2.9B | 3.0B |
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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 Lumentum Holdings is a strong investment it is important to analyze Lumentum Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Lumentum Holdings' future performance. For an informed investment choice regarding Lumentum Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lumentum Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Lumentum Stock refer to our How to Trade Lumentum Stock guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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Is Lumentum Holdings' 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 Lumentum Holdings. If investors know Lumentum 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 Lumentum Holdings 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 0.711 | Earnings Share (5.26) | Revenue Per Share 21.093 | Quarterly Revenue Growth (0.04) | Return On Assets (0.03) |
The market value of Lumentum Holdings is measured differently than its book value, which is the value of Lumentum that is recorded on the company's balance sheet. Investors also form their own opinion of Lumentum Holdings' value that differs from its market value or its book value, called intrinsic value, which is Lumentum Holdings' 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 Lumentum Holdings' market value can be influenced by many factors that don't directly affect Lumentum Holdings' 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 Lumentum Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lumentum Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lumentum Holdings' 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.