SCX Net Debt vs Cash And Short Term Investments Analysis

SCX Stock

USD 16.18 0.06 0.37%

LS Starrett financial indicator trend analysis is infinitely more than just investigating LS Starrett recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LS Starrett is a good investment. Please check the relationship between LS Starrett Net Debt and its Cash And Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in LS Starrett. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

For more information on how to buy SCX Stock please use our How to Invest in LS Starrett guide.

Net Debt vs Cash And Short Term Investments

Net Debt 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 LS Starrett Net Debt account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between LS Starrett's Net Debt and Cash And Short Term Investments is -0.53. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of LS Starrett, assuming nothing else is changed. The correlation between historical values of LS Starrett's Net Debt 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 Net Debt of LS Starrett 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 Net Debt i.e., LS Starrett's Net Debt and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.53

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of LS Starrett balance sheet. This account contains LS Starrett investments that will expire within one year. These investments include stocks and bonds that can be liquidated by LS Starrett 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 LS Starrett's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LS Starrett 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 World Market Map to better understand how to build diversified portfolios, which includes a position in LS Starrett. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

For more information on how to buy SCX Stock please use our How to Invest in LS Starrett guide.Sales General And Administrative To Revenue is likely to rise to 0.29 in 2024, whereas Selling General Administrative is likely to drop slightly above 61.7 M in 2024.

	2021	2022	2023	2024 (projected)
Total Revenue	253.7M	256.2M	294.6M	232.7M
Interest Expense	1.3M	1.4M	1.3M	1.2M

Total Revenue Interest Expense

LS Starrett fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Accounts Payable	Short Term Debt	Good Will	Common Stock Total Equity	Property Plant And Equipment Gross
Total Assets		0.3	-0.01	0.2	0.73	0.9	0.41	0.63	-0.41	0.95	0.29	0.1	0.87	0.03	0.37	0.79	0.45	0.62	0.48	0.95	-0.19	0.42	-0.05	-0.54	0.06	0.22
Short Long Term Debt Total	0.3		0.2	0.25	-0.16	0.48	0.89	-0.18	-0.21	0.29	-0.45	-0.18	0.4	-0.25	0.59	0.25	0.5	0.43	0.74	0.28	-0.32	0.34	0.15	-0.51	-0.3	-0.11
Other Current Liab	-0.01	0.2		0.3	0.1	0.03	0.13	0.13	0.08	-0.18	-0.02	-0.03	0.12	0.08	-0.14	0.24	0.5	-0.16	-0.03	0.18	-0.02	0.64	0.06	0.04	-0.05	0.08
Total Current Liabilities	0.2	0.25	0.3		0.17	0.16	0.51	0.29	-0.66	0.08	-0.32	-0.68	0.46	0.59	-0.38	0.61	0.59	0.53	-0.01	0.32	-0.63	0.28	0.8	-0.62	0.43	0.42
Total Stockholder Equity	0.73	-0.16	0.1	0.17		0.66	-0.07	0.91	-0.14	0.59	0.63	0.29	0.69	0.15	-0.18	0.61	0.19	0.23	-0.13	0.8	-0.03	0.45	-0.11	-0.21	0.09	0.37
Property Plant And Equipment Net	0.9	0.48	0.03	0.16	0.66		0.53	0.55	-0.31	0.88	0.08	0.14	0.78	-0.22	0.48	0.6	0.5	0.55	0.58	0.82	-0.19	0.47	0.0	-0.56	-0.24	0.05
Net Debt	0.41	0.89	0.13	0.51	-0.07	0.53		0.02	-0.63	0.39	-0.49	-0.53	0.56	-0.02	0.44	0.51	0.63	0.7	0.68	0.38	-0.54	0.25	0.36	-0.76	-0.09	0.07
Retained Earnings	0.63	-0.18	0.13	0.29	0.91	0.55	0.02		-0.34	0.49	0.6	0.0	0.71	0.36	-0.29	0.71	0.19	0.38	-0.2	0.72	-0.26	0.36	-0.1	-0.36	0.25	0.53
Cash	-0.41	-0.21	0.08	-0.66	-0.14	-0.31	-0.63	-0.34		-0.39	0.26	0.78	-0.54	-0.48	0.07	-0.71	-0.53	-0.77	-0.19	-0.38	0.68	0.02	-0.48	0.81	-0.43	-0.45
Non Current Assets Total	0.95	0.29	-0.18	0.08	0.59	0.88	0.39	0.49	-0.39		0.21	0.08	0.74	-0.09	0.51	0.66	0.41	0.64	0.58	0.8	-0.1	0.31	-0.06	-0.5	-0.03	0.1
Non Currrent Assets Other	0.29	-0.45	-0.02	-0.32	0.63	0.08	-0.49	0.6	0.26	0.21		0.42	0.26	0.09	-0.21	0.24	-0.39	-0.1	-0.35	0.35	0.36	0.06	-0.53	0.32	0.1	0.3
Cash And Short Term Investments	0.1	-0.18	-0.03	-0.68	0.29	0.14	-0.53	0.0	0.78	0.08	0.42		-0.14	-0.48	0.17	-0.38	-0.38	-0.63	-0.08	0.12	0.61	0.14	-0.57	0.58	-0.37	-0.29
Net Receivables	0.87	0.4	0.12	0.46	0.69	0.78	0.56	0.71	-0.54	0.74	0.26	-0.14		0.21	0.19	0.9	0.44	0.73	0.39	0.94	-0.4	0.38	0.1	-0.65	0.15	0.33
Common Stock Shares Outstanding	0.03	-0.25	0.08	0.59	0.15	-0.22	-0.02	0.36	-0.48	-0.09	0.09	-0.48	0.21		-0.7	0.5	0.11	0.25	-0.51	0.16	-0.61	-0.04	0.29	-0.41	0.96	0.79
Non Current Liabilities Total	0.37	0.59	-0.14	-0.38	-0.18	0.48	0.44	-0.29	0.07	0.51	-0.21	0.17	0.19	-0.7		-0.03	0.13	0.32	0.93	0.18	0.23	0.05	-0.25	-0.08	-0.6	-0.61
Inventory	0.79	0.25	0.24	0.61	0.61	0.6	0.51	0.71	-0.71	0.66	0.24	-0.38	0.9	0.5	-0.03		0.55	0.74	0.21	0.85	-0.49	0.38	0.2	-0.69	0.43	0.55
Other Current Assets	0.45	0.5	0.5	0.59	0.19	0.5	0.63	0.19	-0.53	0.41	-0.39	-0.38	0.44	0.11	0.13	0.55		0.42	0.38	0.46	-0.39	0.73	0.38	-0.6	0.01	0.16
Other Stockholder Equity	0.62	0.43	-0.16	0.53	0.23	0.55	0.7	0.38	-0.77	0.64	-0.1	-0.63	0.73	0.25	0.32	0.74	0.42		0.56	0.53	-0.51	0.06	0.3	-0.76	0.2	0.18
Total Liab	0.48	0.74	-0.03	-0.01	-0.13	0.58	0.68	-0.2	-0.19	0.58	-0.35	-0.08	0.39	-0.51	0.93	0.21	0.38	0.56		0.32	0.0	0.17	0.04	-0.33	-0.47	-0.49
Total Current Assets	0.95	0.28	0.18	0.32	0.8	0.82	0.38	0.72	-0.38	0.8	0.35	0.12	0.94	0.16	0.18	0.85	0.46	0.53	0.32		-0.27	0.5	-0.03	-0.52	0.15	0.34
Intangible Assets	-0.19	-0.32	-0.02	-0.63	-0.03	-0.19	-0.54	-0.26	0.68	-0.1	0.36	0.61	-0.4	-0.61	0.23	-0.49	-0.39	-0.51	0.0	-0.27		0.0	-0.35	0.88	-0.53	-0.64
Accounts Payable	0.42	0.34	0.64	0.28	0.45	0.47	0.25	0.36	0.02	0.31	0.06	0.14	0.38	-0.04	0.05	0.38	0.73	0.06	0.17	0.5	0.0		-0.06	-0.15	-0.17	0.08
Short Term Debt	-0.05	0.15	0.06	0.8	-0.11	0.0	0.36	-0.1	-0.48	-0.06	-0.53	-0.57	0.1	0.29	-0.25	0.2	0.38	0.3	0.04	-0.03	-0.35	-0.06		-0.36	0.2	0.07
Good Will	-0.54	-0.51	0.04	-0.62	-0.21	-0.56	-0.76	-0.36	0.81	-0.5	0.32	0.58	-0.65	-0.41	-0.08	-0.69	-0.6	-0.76	-0.33	-0.52	0.88	-0.15	-0.36		-0.34	-0.53
Common Stock Total Equity	0.06	-0.3	-0.05	0.43	0.09	-0.24	-0.09	0.25	-0.43	-0.03	0.1	-0.37	0.15	0.96	-0.6	0.43	0.01	0.2	-0.47	0.15	-0.53	-0.17	0.2	-0.34		0.73
Property Plant And Equipment Gross	0.22	-0.11	0.08	0.42	0.37	0.05	0.07	0.53	-0.45	0.1	0.3	-0.29	0.33	0.79	-0.61	0.55	0.16	0.18	-0.49	0.34	-0.64	0.08	0.07	-0.53	0.73

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LS Starrett Account Relationship Matchups

LS Starrett fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	172.7M	184.5M	199.6M	192.8M	221.7M	228.8M
Short Long Term Debt Total	35.4M	26.4M	37.1M	15.3M	17.6M	17.9M
Other Current Liab	13.8M	16.9M	18.5M	17.9M	16.1M	10.5M
Total Current Liabilities	27.8M	51.7M	41.2M	39.6M	45.5M	30.0M
Total Stockholder Equity	46.0M	83.5M	102.4M	129.5M	116.5M	109.3M
Property Plant And Equipment Net	41.6M	40.3M	42.7M	44.3M	39.9M	43.1M
Net Debt	22.0M	17.2M	22.6M	4.9M	5.6M	5.4M
Retained Earnings	58.6M	74.2M	89.1M	112.1M	100.9M	88.0M
Cash	13.5M	9.1M	14.5M	10.5M	9.4M	9.1M
Non Current Assets Total	68.6M	65.3M	66.5M	70.6M	81.2M	92.6M
Non Currrent Assets Other	(47.6M)	(46.2M)	3.3M	3.6M	3.2M	3.0M
Cash And Short Term Investments	13.5M	9.1M	14.5M	10.5M	12.0M	18.5M
Net Receivables	29.0M	35.1M	43.0M	36.6M	42.1M	37.0M
Common Stock Shares Outstanding	6.9M	7.4M	7.4M	7.6M	8.7M	7.6M
Liabilities And Stockholders Equity	172.7M	184.5M	199.6M	192.8M	221.7M	228.8M
Non Current Liabilities Total	98.9M	49.3M	55.9M	23.8M	27.3M	48.6M
Inventory	53.0M	60.6M	66.9M	65.4M	75.2M	66.8M
Other Current Assets	8.6M	14.5M	8.7M	9.7M	8.8M	9.7M
Other Stockholder Equity	55.8M	56.5M	57.1M	57.8M	66.5M	48.7M
Total Liab	126.7M	101.0M	97.1M	63.3M	72.8M	78.5M
Total Current Assets	104.1M	119.2M	133.1M	122.2M	140.5M	136.2M
Intangible Assets	5.0M	4.9M	4.6M	4.7M	4.2M	5.3M
Accounts Payable	7.6M	17.2M	14.6M	15.0M	13.5M	10.7M
Short Term Debt	6.4M	17.6M	8.1M	6.7M	7.6M	4.9M
Common Stock Total Equity	7.0M	6.9M	7.0M	7.1M	8.2M	7.5M
Property Plant And Equipment Gross	41.6M	40.3M	146.4M	154.9M	178.1M	187.0M
Accumulated Other Comprehensive Income	(75.4M)	(54.3M)	(51.1M)	(47.9M)	(43.1M)	(45.3M)
Common Stock	7.0M	7.1M	7.3M	7.4M	8.5M	7.5M
Other Liab	69.9M	40.5M	26.9M	15.1M	17.3M	16.5M
Other Assets	21.0M	19.1M	18.2M	20.6M	18.5M	21.8M
Long Term Debt	26.3M	6.0M	24.9M	5.3M	6.1M	11.9M
Property Plant Equipment	41.6M	40.3M	42.7M	44.3M	39.9M	43.0M
Net Tangible Assets	40.0M	77.6M	96.8M	123.8M	111.4M	75.4M
Retained Earnings Total Equity	74.4M	80.5M	58.6M	74.2M	85.3M	69.8M
Long Term Debt Total	26.3M	6.0M	24.9M	5.3M	4.7M	4.5M
Capital Surpluse	55.8M	56.5M	57.1M	57.8M	66.5M	60.8M

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:

How To Invest In SCX

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Is SCX Stock a good investment?

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What is LS Starrett's Net Worth?

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in LS Starrett. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

Complementary Tools for SCX Stock analysis

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

(0.92)

Earnings Share

2.57

Revenue Per Share

33.579

Quarterly Revenue Growth

(0.01)

Return On Assets

0.0679

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.

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SCX Net Debt vs Cash And Short Term Investments Analysis

Net Debt vs Cash And Short Term Investments

Net Debt vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Net Debt

Cash And Short Term Investments

LS Starrett fundamental ratios Correlations

LS Starrett Account Relationship Matchups

High Positive Relationship

High Negative Relationship

LS Starrett fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock Total Equity	+ 0.96	Common Stock Shares Outstanding
Non Current Assets Total	+ 0.95	Total Assets
Total Current Assets	+ 0.95	Total Assets
Total Current Assets	+ 0.94	Net Receivables
Total Liab	+ 0.93	Non Current Liabilities Total
Retained Earnings	+ 0.91	Total Stockholder Equity

Other Stockholder Equity	- 0.77	Cash
Good Will	- 0.76	Other Stockholder Equity
Good Will	- 0.76	Net Debt
Inventory	- 0.71	Cash
Non Current Liabilities Total	- 0.7	Common Stock Shares Outstanding
Good Will	- 0.69	Inventory