SCX Net Debt vs Property Plant And Equipment Net Analysis
| SCX Stock | USD 16.18 0.01 0.06% |
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 Property Plant And Equipment Net 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 Property Plant And Equipment Net
Net Debt vs Property Plant And Equipment Net 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 Property Plant And Equipment Net. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between LS Starrett's Net Debt and Property Plant And Equipment Net is 0.53. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Property Plant And Equipment Net 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 Property Plant And Equipment Net 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 Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Net Debt i.e., LS Starrett's Net Debt and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.53 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
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.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.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 |
LS Starrett fundamental ratios Correlations
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LS Starrett Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
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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 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: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 CEOs Directory module to screen CEOs from public companies around the world.
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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 1.66 | 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.