LightPath Other Current Liab vs Net Receivables Analysis

LPTH Stock  USD 1.40  0.01  0.71%   
LightPath Technologies financial indicator trend analysis is infinitely more than just investigating LightPath Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LightPath Technologies is a good investment. Please check the relationship between LightPath Technologies Other Current Liab and its Net Receivables accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LightPath Technologies. 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 more detail on how to invest in LightPath Stock please use our How to Invest in LightPath Technologies guide.

Other Current Liab vs Net Receivables

Other Current Liab vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LightPath Technologies Other Current Liab account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between LightPath Technologies' Other Current Liab and Net Receivables is 0.7. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Net Receivables in the same time period over historical financial statements of LightPath Technologies, assuming nothing else is changed. The correlation between historical values of LightPath Technologies' Other Current Liab and Net Receivables 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 Liab of LightPath Technologies are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Other Current Liab i.e., LightPath Technologies' Other Current Liab and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Liab

Net Receivables

Most indicators from LightPath Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LightPath Technologies 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 LightPath Technologies. 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 more detail on how to invest in LightPath Stock please use our How to Invest in LightPath Technologies guide.As of now, LightPath Technologies' Tax Provision is increasing as compared to previous years. The LightPath Technologies' current Issuance Of Capital Stock is estimated to increase to about 11.1 M, while Selling General Administrative is projected to decrease to under 8 M.
 2021 2022 2023 2024 (projected)
Interest Expense229.5K283.3K254.9K242.2K
Depreciation And Amortization3.6M3.2M2.9M2.0M

LightPath Technologies fundamental ratios Correlations

0.790.970.910.940.85-0.310.750.741.00.740.940.920.940.630.530.960.940.910.70.360.930.970.90.910.91
0.790.840.860.660.55-0.360.790.760.790.760.670.730.820.630.560.780.660.890.760.370.70.710.490.620.66
0.970.840.890.930.85-0.40.830.70.970.70.930.910.980.580.590.960.930.90.650.30.90.930.830.90.89
0.910.860.890.790.68-0.290.830.730.910.730.830.780.880.760.570.840.790.990.780.490.840.870.740.760.77
0.940.660.930.790.95-0.290.760.580.940.580.920.940.880.420.50.961.00.790.420.110.840.920.920.990.94
0.850.550.850.680.95-0.340.720.540.860.540.830.940.760.280.50.920.950.690.34-0.030.730.80.830.920.97
-0.31-0.36-0.4-0.29-0.29-0.34-0.490.06-0.290.06-0.51-0.31-0.44-0.38-0.92-0.34-0.29-0.35-0.19-0.4-0.5-0.09-0.1-0.13-0.23
0.750.790.830.830.760.72-0.490.420.760.420.750.710.830.490.710.770.760.840.450.260.680.670.560.70.7
0.740.760.70.730.580.540.060.420.751.00.50.740.60.510.110.740.580.720.840.250.550.740.530.60.73
1.00.790.970.910.940.86-0.290.760.750.750.930.940.930.610.510.970.940.90.690.340.90.970.890.920.92
0.740.760.70.730.580.540.060.421.00.750.50.740.60.510.110.740.580.720.840.250.550.740.530.60.73
0.940.670.930.830.920.83-0.510.750.50.930.50.840.940.630.690.890.920.840.520.380.970.880.890.860.82
0.920.730.910.780.940.94-0.310.710.740.940.740.840.80.410.490.990.940.790.570.120.80.880.830.920.98
0.940.820.980.880.880.76-0.440.830.60.930.60.940.80.620.620.880.880.890.620.380.920.890.810.840.79
0.630.630.580.760.420.28-0.380.490.510.610.510.630.410.620.550.480.420.750.750.850.680.570.430.360.38
0.530.560.590.570.50.5-0.920.710.110.510.110.690.490.620.550.540.50.630.340.450.680.340.340.360.43
0.960.780.960.840.960.92-0.340.770.740.970.740.890.990.880.480.540.960.850.610.190.850.910.850.930.97
0.940.660.930.791.00.95-0.290.760.580.940.580.920.940.880.420.50.960.790.420.110.840.920.920.990.94
0.910.890.90.990.790.69-0.350.840.720.90.720.840.790.890.750.630.850.790.750.450.860.850.730.750.77
0.70.760.650.780.420.34-0.190.450.840.690.840.520.570.620.750.340.610.420.750.660.620.650.40.390.52
0.360.370.30.490.11-0.03-0.40.260.250.340.250.380.120.380.850.450.190.110.450.660.450.290.150.040.04
0.930.70.90.840.840.73-0.50.680.550.90.550.970.80.920.680.680.850.840.860.620.450.870.860.780.76
0.970.710.930.870.920.8-0.090.670.740.970.740.880.880.890.570.340.910.920.850.650.290.870.930.930.88
0.90.490.830.740.920.83-0.10.560.530.890.530.890.830.810.430.340.850.920.730.40.150.860.930.940.84
0.910.620.90.760.990.92-0.130.70.60.920.60.860.920.840.360.360.930.990.750.390.040.780.930.940.93
0.910.660.890.770.940.97-0.230.70.730.920.730.820.980.790.380.430.970.940.770.520.040.760.880.840.93
Click cells to compare fundamentals

LightPath Technologies Account Relationship Matchups

LightPath Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets47.6M54.6M50.7M53.5M61.6M64.6M
Other Current Liab2.8M3.9M2.6M2.2M2.5M1.4M
Total Current Liabilities7.4M8.4M7.7M6.8M7.9M8.3M
Total Stockholder Equity34.6M33.6M29.7M36.0M41.3M21.2M
Property Plant And Equipment Net13.0M22.3M22.1M22.4M25.7M27.0M
Net Debt2.2M7.5M9.2M7.7M8.8M9.3M
Retained Earnings(197.1M)(200.2M)(203.8M)(207.8M)(187.1M)(196.4M)
Accounts Payable2.6M2.9M3.1M2.6M3.0M1.5M
Cash5.4M6.8M5.5M4.7M4.2M5.1M
Non Current Assets Total26.3M33.9M32.5M31.8M36.5M38.4M
Cash And Short Term Investments5.4M6.8M5.5M4.7M4.2M5.1M
Common Stock Shares Outstanding27.5M26.3M27.0M31.6M36.4M38.2M
Liabilities And Stockholders Equity47.6M54.6M50.7M53.5M61.6M64.6M
Non Current Liabilities Total5.6M12.6M13.2M10.8M12.4M13.0M
Inventory9.0M8.7M7.0M7.4M8.5M8.9M
Other Current Assets565.2K475.4K464.8K570.3K655.8K454.4K
Other Stockholder Equity230.6M231.4M232.3M242.8M279.2M200.1M
Total Liab13.0M21.0M21.0M17.6M20.2M21.2M
Property Plant And Equipment Gross13.0M22.3M22.1M22.4M25.7M27.0M
Total Current Assets21.3M20.7M18.2M21.8M25.0M14.1M
Accumulated Other Comprehensive Income735.9K2.1M935.1K606.5K697.5K732.4K
Intangible Assets6.7M5.6M4.5M3.3M3.0M3.4M
Non Currrent Assets Other381.9K289.5K75.7K65.9K59.3K56.4K
Net Receivables6.3M4.8M5.2M6.6M7.6M8.0M
Common Stock Total Equity257.6K258.1K258.9K269.9K310.3K325.9K
Common Stock258.9K269.9K270.5K373.4K429.5K450.9K
Property Plant Equipment13.0M22.3M22.1M22.4M25.7M27.0M
Short Long Term Debt Total7.6M14.2M14.7M12.4M14.2M15.0M
Short Term Debt2.0M1.6M2.0M2.1M2.4M2.5M
Other Assets734.7K174.7K170.7K205.9K185.3K310.5K
Long Term Debt4.4M4.1M3.2M1.6M1.8M2.2M
Other Liab290.8K518.4K541.0K465K418.5K650.5K
Net Tangible Assets22.0M22.1M19.4M26.8M30.8M16.5M
Retained Earnings Total Equity(195.2M)(197.9M)(197.1M)(200.2M)(230.3M)(241.8M)
Long Term Debt Total5.1M5.0M4.4M4.1M4.7M3.6M
Capital Surpluse229.9M230.3M230.6M231.4M266.2M242.6M
Capital Lease Obligations2.2M9.5M10.5M9.8M11.3M11.8M
Short Long Term Debt981.4K634.8K998.7K1.0M1.2M810.1K
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 LightPath Technologies 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, LightPath Technologies' short interest history, or implied volatility extrapolated from LightPath Technologies options trading.

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When determining whether LightPath Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LightPath Technologies' 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 Lightpath Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lightpath Technologies Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LightPath Technologies. 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 more detail on how to invest in LightPath Stock please use our How to Invest in LightPath Technologies guide.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running LightPath Technologies' price analysis, check to measure LightPath Technologies' 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 LightPath Technologies is operating at the current time. Most of LightPath Technologies' value examination focuses on studying past and present price action to predict the probability of LightPath Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LightPath Technologies' price. Additionally, you may evaluate how the addition of LightPath Technologies to your portfolios can decrease your overall portfolio volatility.
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Is LightPath Technologies' 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 LightPath Technologies. If investors know LightPath 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 LightPath Technologies 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
49.113
Earnings Share
(0.13)
Revenue Per Share
0.883
Quarterly Revenue Growth
(0.14)
Return On Assets
(0.06)
The market value of LightPath Technologies is measured differently than its book value, which is the value of LightPath that is recorded on the company's balance sheet. Investors also form their own opinion of LightPath Technologies' value that differs from its market value or its book value, called intrinsic value, which is LightPath Technologies' 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 LightPath Technologies' market value can be influenced by many factors that don't directly affect LightPath Technologies' 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 LightPath Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if LightPath Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LightPath Technologies' 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.