Luminar Gross Profit Margin vs Total Cash From Operating Activities Analysis
LAZR Stock | USD 1.46 0.02 1.39% |
Luminar Technologies financial indicator trend analysis is infinitely more than just investigating Luminar Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Luminar Technologies is a good investment. Please check the relationship between Luminar Technologies Gross Profit Margin and its Total Cash From Operating Activities accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Luminar 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 nation. To learn how to invest in Luminar Stock, please use our How to Invest in Luminar Technologies guide.
Gross Profit Margin vs Total Cash From Operating Activities
Gross Profit Margin vs Total Cash From Operating Activities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Luminar Technologies Gross Profit Margin account and Total Cash From Operating Activities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Luminar Technologies' Gross Profit Margin and Total Cash From Operating Activities is 0.87. Overlapping area represents the amount of variation of Gross Profit Margin that can explain the historical movement of Total Cash From Operating Activities in the same time period over historical financial statements of Luminar Technologies, assuming nothing else is changed. The correlation between historical values of Luminar Technologies' Gross Profit Margin and Total Cash From Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit Margin of Luminar Technologies are associated (or correlated) with its Total Cash From Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Cash From Operating Activities has no effect on the direction of Gross Profit Margin i.e., Luminar Technologies' Gross Profit Margin and Total Cash From Operating Activities go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Gross Profit Margin
Total Cash From Operating Activities
Most indicators from Luminar Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Luminar 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 Luminar 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 nation. To learn how to invest in Luminar Stock, please use our How to Invest in Luminar Technologies guide.As of 04/30/2024, Tax Provision is likely to grow to about 1.8 M, while Selling General Administrative is likely to drop slightly above 100.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 7.6M | 16.8M | 33.6M | 35.3M | Interest Income | 3.5M | 5.0M | 13.1M | 13.8M |
Luminar Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Luminar Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Luminar Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 3.3M | 8.2M | 18.9M | 51.0M | 49.5M | 52.0M | |
Total Current Liabilities | 14.8M | 16.6M | 39.0M | 77.5M | 83.9M | 45.9M | |
Other Liab | 1.1M | 826K | 31.8M | 7.0M | 8.1M | 9.4M | |
Net Tangible Assets | (212.4M) | 148.0M | 192.5M | (67.3M) | (77.4M) | (73.5M) | |
Retained Earnings | (222.2M) | (584.5M) | (822.5M) | (1.3B) | (1.8B) | (1.7B) | |
Accounts Payable | 3.5M | 6.0M | 14.4M | 18.6M | 21.1M | 12.4M | |
Other Assets | 1.8M | 1.2M | 12.5M | 36.3M | 41.8M | 43.9M | |
Net Receivables | 2.0M | 8.2M | 13.0M | 11.2M | 31.6M | 33.2M | |
Inventory | 4.0M | 3.6M | 10.3M | 8.8M | 12.2M | 7.7M | |
Total Current Assets | 41.5M | 500.8M | 845.4M | 554.6M | 350.6M | 423.5M | |
Property Plant Equipment | 7.9M | 7.7M | 20.2M | 51.5M | 59.2M | 62.2M |
Luminar Technologies Implied Volatility | 192.7 |
Luminar Technologies' implied volatility exposes the market's sentiment of Luminar Technologies stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Luminar Technologies' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Luminar Technologies stock will not fluctuate a lot when Luminar Technologies' options are near their expiration.
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 Luminar 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, Luminar Technologies' short interest history, or implied volatility extrapolated from Luminar Technologies options trading.
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Luminar 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 nation. To learn how to invest in Luminar Stock, please use our How to Invest in Luminar Technologies guide.Note that the Luminar Technologies information on this page should be used as a complementary analysis to other Luminar Technologies' 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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for Luminar Stock analysis
When running Luminar Technologies' price analysis, check to measure Luminar 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 Luminar Technologies is operating at the current time. Most of Luminar Technologies' value examination focuses on studying past and present price action to predict the probability of Luminar Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Luminar Technologies' price. Additionally, you may evaluate how the addition of Luminar Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Luminar 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 Luminar Technologies. If investors know Luminar 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 Luminar Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.47) | Revenue Per Share 0.179 | Quarterly Revenue Growth 0.988 | Return On Assets (0.57) | Return On Equity (24.25) |
The market value of Luminar Technologies is measured differently than its book value, which is the value of Luminar that is recorded on the company's balance sheet. Investors also form their own opinion of Luminar Technologies' value that differs from its market value or its book value, called intrinsic value, which is Luminar 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 Luminar Technologies' market value can be influenced by many factors that don't directly affect Luminar 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 Luminar Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Luminar Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Luminar 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.