Lindsay Cash vs Other Current Assets Analysis
LNN Stock | USD 116.71 0.67 0.58% |
Lindsay financial indicator trend analysis is infinitely more than just investigating Lindsay recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lindsay is a good investment. Please check the relationship between Lindsay Cash and its Other Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lindsay. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Lindsay Stock, please use our How to Invest in Lindsay guide.
Cash vs Other Current Assets
Cash vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lindsay Cash account and Other Current Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Lindsay's Cash and Other Current Assets is 0.34. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Lindsay, assuming nothing else is changed. The correlation between historical values of Lindsay's Cash and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Lindsay are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Cash i.e., Lindsay's Cash and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.34 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Cash
Cash refers to the most liquid asset of Lindsay, which is listed under current asset account on Lindsay balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Lindsay customers. The amounts must be unrestricted with restricted cash listed in a different Lindsay account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Most indicators from Lindsay's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lindsay 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 Lindsay. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Lindsay Stock, please use our How to Invest in Lindsay guide.At this time, Lindsay's Tax Provision is very stable compared to the past year. As of the 22nd of May 2024, Sales General And Administrative To Revenue is likely to grow to 0.11, while Selling General Administrative is likely to drop about 38.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 199.2M | 213.0M | 245.0M | 257.2M | Total Revenue | 770.7M | 674.1M | 775.2M | 814.0M |
Lindsay fundamental ratios Correlations
Click cells to compare fundamentals
Lindsay Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lindsay fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 570.5M | 637.2M | 710.7M | 745.7M | 857.5M | 900.4M | |
Short Long Term Debt Total | 141.7M | 134.0M | 135.4M | 136.1M | 156.5M | 164.3M | |
Other Current Liab | 53.5M | 53.3M | 70.1M | 66.9M | 77.0M | 80.8M | |
Total Current Liabilities | 102.4M | 138.2M | 160.9M | 136.1M | 156.5M | 164.4M | |
Total Stockholder Equity | 298.5M | 338.4M | 393.4M | 455.7M | 524.0M | 550.2M | |
Property Plant And Equipment Net | 107.0M | 110.3M | 113.7M | 116.7M | 134.2M | 140.9M | |
Retained Earnings | 499.7M | 528.1M | 579M | 636.3M | 731.7M | 768.3M | |
Cash | 121.4M | 127.1M | 105.0M | 160.8M | 184.9M | 194.1M | |
Non Current Assets Total | 222.6M | 221.1M | 233.6M | 258.2M | 296.9M | 311.7M | |
Non Currrent Assets Other | 14.1M | 14.4M | 25.2M | 19.7M | 17.8M | 15.4M | |
Cash And Short Term Investments | 140.9M | 146.7M | 116.5M | 166.3M | 191.3M | 200.8M | |
Net Receivables | 84.6M | 93.6M | 138.2M | 144.8M | 166.5M | 174.8M | |
Common Stock Shares Outstanding | 10.9M | 11.0M | 11.0M | 11.1M | 10.0M | 10.4M | |
Liabilities And Stockholders Equity | 570.5M | 637.2M | 710.7M | 745.7M | 857.5M | 900.4M | |
Non Current Liabilities Total | 169.6M | 160.5M | 156.4M | 153.9M | 177.0M | 185.8M | |
Inventory | 104.8M | 145.2M | 193.8M | 155.9M | 179.3M | 188.3M | |
Other Current Assets | 17.6M | 30.5M | 28.6M | 20.5M | 23.5M | 12.9M | |
Other Stockholder Equity | (199.6M) | (190.7M) | (183.2M) | (178.7M) | (160.9M) | (152.8M) | |
Total Liab | 272.0M | 298.7M | 317.3M | 290.0M | 333.5M | 350.2M | |
Property Plant And Equipment Gross | 107.0M | 110.3M | 113.7M | 274.8M | 316.0M | 331.8M | |
Total Current Assets | 347.9M | 416.1M | 477.1M | 487.5M | 560.6M | 588.6M | |
Accumulated Other Comprehensive Income | (20.6M) | (17.9M) | (21.5M) | (21.0M) | (24.2M) | (23.0M) | |
Short Term Debt | 195K | 217K | 222K | 3.3M | 2.9M | 2.2M | |
Net Debt | 20.3M | 6.9M | 30.3M | (24.6M) | (22.2M) | (23.3M) | |
Accounts Payable | 29.6M | 45.2M | 60.0M | 44.3M | 50.9M | 53.5M | |
Common Stock Total Equity | 18.9M | 18.9M | 19.0M | 19.1M | 21.9M | 20.0M | |
Common Stock | 18.9M | 19.0M | 19.1M | 19.1M | 22.0M | 20.0M | |
Other Liab | 28.1M | 26.7M | 21.2M | 21.0M | 24.2M | 16.9M | |
Other Assets | 24.1M | 22.5M | 34.6M | 30.6M | 35.2M | 37.0M | |
Good Will | 68.0M | 68.0M | 67.1M | 83.1M | 95.6M | 100.4M | |
Intangible Assets | 23.5M | 20.4M | 18.2M | 27.7M | 31.9M | 25.2M | |
Property Plant Equipment | 79.6M | 110.3M | 94.5M | 116.7M | 134.2M | 140.9M | |
Current Deferred Revenue | 19.1M | 39.5M | 30.6M | 21.6M | 24.9M | 17.7M | |
Long Term Debt | 115.7M | 115.5M | 115.3M | 115.2M | 132.4M | 70.9M | |
Net Tangible Assets | 207.0M | 250.1M | 308.0M | 344.8M | 396.5M | 255.6M | |
Retained Earnings Total Equity | 474.7M | 499.7M | 528.1M | 579M | 665.9M | 470.3M | |
Capital Surpluse | 77.7M | 86.5M | 94.0M | 98.5M | 113.3M | 75.0M | |
Deferred Long Term Liab | 872K | 889K | 832K | 1.1M | 948.6K | 901.2K |
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Is Lindsay'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 Lindsay. If investors know Lindsay 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 Lindsay 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 0.006 | Dividend Share 1.39 | Earnings Share 6.25 | Revenue Per Share 58.509 | Quarterly Revenue Growth (0.09) |
The market value of Lindsay is measured differently than its book value, which is the value of Lindsay that is recorded on the company's balance sheet. Investors also form their own opinion of Lindsay's value that differs from its market value or its book value, called intrinsic value, which is Lindsay'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 Lindsay's market value can be influenced by many factors that don't directly affect Lindsay'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 Lindsay's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lindsay is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lindsay'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.