Lindsay Other Current Assets vs Cash And Short Term Investments 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 Other Current Assets and its Cash And Short Term Investments 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.

Other Current Assets vs Cash And Short Term Investments

Other Current Assets vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lindsay Other Current Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Lindsay's Other Current Assets and Cash And Short Term Investments is 0.43. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Lindsay, assuming nothing else is changed. The correlation between historical values of Lindsay's Other Current Assets and Cash And Short Term Investments 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 Current Assets of Lindsay are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Other Current Assets i.e., Lindsay's Other Current Assets and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.43
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Lindsay balance sheet. This account contains Lindsay investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Lindsay fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
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 Profit199.2M213.0M245.0M257.2M
Total Revenue770.7M674.1M775.2M814.0M

Lindsay fundamental ratios Correlations

0.840.880.960.950.960.990.790.950.740.840.93-0.810.710.910.65-0.510.90.840.990.00.140.890.84-0.110.84
0.840.710.780.710.820.860.620.880.680.670.69-0.810.780.750.58-0.680.870.610.790.00.290.730.670.00.67
0.880.710.930.950.840.830.780.750.580.810.92-0.520.350.780.63-0.170.640.740.920.39-0.20.90.71-0.250.71
0.960.780.930.920.940.910.70.870.750.760.92-0.690.580.930.78-0.390.830.770.970.10.090.960.75-0.050.75
0.950.710.950.920.870.910.870.820.610.90.97-0.640.450.810.58-0.240.70.830.980.28-0.170.890.8-0.250.8
0.960.820.840.940.870.940.650.950.740.730.88-0.790.750.940.71-0.530.920.840.93-0.110.290.840.80.070.8
0.990.860.830.910.910.940.80.970.750.840.89-0.880.770.890.58-0.610.920.830.96-0.070.190.840.84-0.120.84
0.790.620.780.70.870.650.80.690.420.990.74-0.620.350.520.34-0.270.540.610.820.36-0.390.690.69-0.450.69
0.950.880.750.870.820.950.970.690.720.740.82-0.90.860.870.56-0.70.960.80.89-0.210.350.790.81-0.070.81
0.740.680.580.750.610.740.750.420.720.480.64-0.720.670.860.66-0.620.780.550.72-0.240.390.690.570.250.57
0.840.670.810.760.90.730.840.990.740.480.78-0.670.420.60.43-0.310.610.650.870.31-0.310.730.72-0.350.72
0.930.690.920.920.970.880.890.740.820.640.78-0.610.470.870.6-0.220.720.870.960.2-0.040.890.79-0.170.79
-0.81-0.81-0.52-0.69-0.64-0.79-0.88-0.62-0.9-0.72-0.67-0.61-0.9-0.73-0.470.87-0.91-0.57-0.740.35-0.41-0.62-0.730.05-0.73
0.710.780.350.580.450.750.770.350.860.670.420.47-0.90.720.42-0.910.940.560.59-0.610.710.480.610.180.61
0.910.750.780.930.810.940.890.520.870.860.60.87-0.730.720.72-0.490.890.810.9-0.190.370.850.750.170.75
0.650.580.630.780.580.710.580.340.560.660.430.6-0.470.420.72-0.330.620.390.670.080.160.730.490.270.49
-0.51-0.68-0.17-0.39-0.24-0.53-0.61-0.27-0.7-0.62-0.31-0.220.87-0.91-0.49-0.33-0.79-0.26-0.390.58-0.65-0.34-0.39-0.08-0.39
0.90.870.640.830.70.920.920.540.960.780.610.72-0.910.940.890.62-0.790.710.82-0.380.530.740.740.10.74
0.840.610.740.770.830.840.830.610.80.550.650.87-0.570.560.810.39-0.260.710.83-0.070.180.630.81-0.020.81
0.990.790.920.970.980.930.960.820.890.720.870.96-0.740.590.90.67-0.390.820.830.120.010.920.82-0.130.82
0.00.00.390.10.28-0.11-0.070.36-0.21-0.240.310.20.35-0.61-0.190.080.58-0.38-0.070.12-0.880.19-0.05-0.42-0.05
0.140.29-0.20.09-0.170.290.19-0.390.350.39-0.31-0.04-0.410.710.370.16-0.650.530.180.01-0.88-0.020.130.540.13
0.890.730.90.960.890.840.840.690.790.690.730.89-0.620.480.850.73-0.340.740.630.920.19-0.020.67-0.220.67
0.840.670.710.750.80.80.840.690.810.570.720.79-0.730.610.750.49-0.390.740.810.82-0.050.130.67-0.111.0
-0.110.0-0.25-0.05-0.250.07-0.12-0.45-0.070.25-0.35-0.170.050.180.170.27-0.080.1-0.02-0.13-0.420.54-0.22-0.11-0.11
0.840.670.710.750.80.80.840.690.810.570.720.79-0.730.610.750.49-0.390.740.810.82-0.050.130.671.0-0.11
Click cells to compare fundamentals

Lindsay Account Relationship Matchups

Lindsay fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets570.5M637.2M710.7M745.7M857.5M900.4M
Short Long Term Debt Total141.7M134.0M135.4M136.1M156.5M164.3M
Other Current Liab53.5M53.3M70.1M66.9M77.0M80.8M
Total Current Liabilities102.4M138.2M160.9M136.1M156.5M164.4M
Total Stockholder Equity298.5M338.4M393.4M455.7M524.0M550.2M
Property Plant And Equipment Net107.0M110.3M113.7M116.7M134.2M140.9M
Retained Earnings499.7M528.1M579M636.3M731.7M768.3M
Cash121.4M127.1M105.0M160.8M184.9M194.1M
Non Current Assets Total222.6M221.1M233.6M258.2M296.9M311.7M
Non Currrent Assets Other14.1M14.4M25.2M19.7M17.8M15.4M
Cash And Short Term Investments140.9M146.7M116.5M166.3M191.3M200.8M
Net Receivables84.6M93.6M138.2M144.8M166.5M174.8M
Common Stock Shares Outstanding10.9M11.0M11.0M11.1M10.0M10.4M
Liabilities And Stockholders Equity570.5M637.2M710.7M745.7M857.5M900.4M
Non Current Liabilities Total169.6M160.5M156.4M153.9M177.0M185.8M
Inventory104.8M145.2M193.8M155.9M179.3M188.3M
Other Current Assets17.6M30.5M28.6M20.5M23.5M12.9M
Other Stockholder Equity(199.6M)(190.7M)(183.2M)(178.7M)(160.9M)(152.8M)
Total Liab272.0M298.7M317.3M290.0M333.5M350.2M
Property Plant And Equipment Gross107.0M110.3M113.7M274.8M316.0M331.8M
Total Current Assets347.9M416.1M477.1M487.5M560.6M588.6M
Accumulated Other Comprehensive Income(20.6M)(17.9M)(21.5M)(21.0M)(24.2M)(23.0M)
Short Term Debt195K217K222K3.3M2.9M2.2M
Net Debt20.3M6.9M30.3M(24.6M)(22.2M)(23.3M)
Accounts Payable29.6M45.2M60.0M44.3M50.9M53.5M
Common Stock Total Equity18.9M18.9M19.0M19.1M21.9M20.0M
Common Stock18.9M19.0M19.1M19.1M22.0M20.0M
Other Liab28.1M26.7M21.2M21.0M24.2M16.9M
Other Assets24.1M22.5M34.6M30.6M35.2M37.0M
Good Will68.0M68.0M67.1M83.1M95.6M100.4M
Intangible Assets23.5M20.4M18.2M27.7M31.9M25.2M
Property Plant Equipment79.6M110.3M94.5M116.7M134.2M140.9M
Current Deferred Revenue19.1M39.5M30.6M21.6M24.9M17.7M
Long Term Debt115.7M115.5M115.3M115.2M132.4M70.9M
Net Tangible Assets207.0M250.1M308.0M344.8M396.5M255.6M
Retained Earnings Total Equity474.7M499.7M528.1M579M665.9M470.3M
Capital Surpluse77.7M86.5M94.0M98.5M113.3M75.0M
Deferred Long Term Liab872K889K832K1.1M948.6K901.2K

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When determining whether Lindsay offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lindsay'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 Lindsay Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lindsay Stock:
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.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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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.