Luminar Net Interest Income vs Operating Income Analysis

LAZR Stock

USD 1.68 0.18 12.00%

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 Net Interest Income and its Operating Income 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.

Net Interest Income vs Operating Income

Net Interest Income vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Luminar Technologies Net Interest Income account and Operating Income. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Luminar Technologies' Net Interest Income and Operating Income is -0.34. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Operating Income 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' Net Interest Income and Operating Income 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 Interest Income of Luminar Technologies are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Net Interest Income i.e., Luminar Technologies' Net Interest Income and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.34

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Operating Income

Operating Income is the amount of profit realized from Luminar Technologies operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Luminar Technologies is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

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 05/04/2024, 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

Depreciation And Amortization Interest Income

Luminar Technologies fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Inventory	Total Current Assets	Property Plant Equipment	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments
Other Current Liab		0.92	0.41	0.25	-0.98	0.92	0.99	0.89	0.87	0.67	0.99	0.78	0.89	0.2	0.92	0.84	0.95	0.48	0.98	0.58	0.89	0.66	0.85	0.87	0.36	0.72
Total Current Liabilities	0.92		0.4	0.2	-0.88	0.97	0.91	0.76	0.9	0.6	0.91	0.7	0.92	0.16	0.81	0.8	0.92	0.37	0.9	0.65	0.91	0.56	0.87	0.91	0.49	0.63
Other Liab	0.41	0.4		0.69	-0.45	0.58	0.37	0.42	0.71	0.79	0.35	0.77	0.72	0.63	0.29	0.26	0.52	0.82	0.32	0.36	0.73	0.8	0.27	0.67	0.3	0.73
Net Tangible Assets	0.25	0.2	0.69		-0.34	0.41	0.15	0.29	0.46	0.85	0.14	0.78	0.44	0.94	0.09	0.48	0.15	0.91	0.12	0.24	0.46	0.86	0.13	0.56	-0.43	0.78
Retained Earnings	-0.98	-0.88	-0.45	-0.34		-0.92	-0.97	-0.96	-0.89	-0.7	-0.97	-0.8	-0.88	-0.23	-0.95	-0.89	-0.9	-0.58	-0.97	-0.42	-0.87	-0.69	-0.72	-0.88	-0.29	-0.71
Accounts Payable	0.92	0.97	0.58	0.41	-0.92		0.89	0.8	0.97	0.77	0.89	0.85	0.98	0.36	0.8	0.84	0.91	0.59	0.87	0.64	0.97	0.73	0.81	0.98	0.39	0.77
Other Assets	0.99	0.91	0.37	0.15	-0.97	0.89		0.91	0.84	0.58	1.0	0.7	0.86	0.06	0.96	0.8	0.96	0.41	1.0	0.5	0.86	0.57	0.8	0.82	0.45	0.62
Net Receivables	0.89	0.76	0.42	0.29	-0.96	0.8	0.91		0.81	0.58	0.91	0.68	0.77	0.09	0.97	0.82	0.82	0.57	0.92	0.16	0.76	0.59	0.51	0.77	0.3	0.56
Inventory	0.87	0.9	0.71	0.46	-0.89	0.97	0.84	0.81		0.79	0.83	0.85	0.98	0.39	0.78	0.77	0.88	0.68	0.82	0.52	0.97	0.76	0.68	0.98	0.43	0.76
Total Current Assets	0.67	0.6	0.79	0.85	-0.7	0.77	0.58	0.58	0.79		0.57	0.99	0.81	0.84	0.46	0.69	0.6	0.92	0.54	0.58	0.82	1.0	0.57	0.85	-0.07	0.98
Property Plant Equipment	0.99	0.91	0.35	0.14	-0.97	0.89	1.0	0.91	0.83	0.57		0.69	0.85	0.05	0.96	0.8	0.96	0.4	1.0	0.49	0.85	0.55	0.8	0.81	0.44	0.61
Total Assets	0.78	0.7	0.77	0.78	-0.8	0.85	0.7	0.68	0.85	0.99	0.69		0.87	0.75	0.59	0.75	0.71	0.88	0.67	0.6	0.88	0.98	0.65	0.9	0.02	0.98
Short Long Term Debt Total	0.89	0.92	0.72	0.44	-0.88	0.98	0.86	0.77	0.98	0.81	0.85	0.87		0.4	0.75	0.73	0.92	0.64	0.84	0.66	1.0	0.78	0.79	0.97	0.47	0.81
Total Stockholder Equity	0.2	0.16	0.63	0.94	-0.23	0.36	0.06	0.09	0.39	0.84	0.05	0.75	0.4		-0.07	0.38	0.09	0.81	0.02	0.42	0.42	0.84	0.22	0.5	-0.47	0.8
Property Plant And Equipment Net	0.92	0.81	0.29	0.09	-0.95	0.8	0.96	0.97	0.78	0.46	0.96	0.59	0.75	-0.07		0.78	0.88	0.39	0.97	0.24	0.74	0.46	0.61	0.72	0.41	0.47
Current Deferred Revenue	0.84	0.8	0.26	0.48	-0.89	0.84	0.8	0.82	0.77	0.69	0.8	0.75	0.73	0.38	0.78		0.66	0.59	0.8	0.36	0.72	0.67	0.63	0.84	-0.07	0.67
Net Debt	0.95	0.92	0.52	0.15	-0.9	0.91	0.96	0.82	0.88	0.6	0.96	0.71	0.92	0.09	0.88	0.66		0.41	0.95	0.62	0.92	0.59	0.83	0.84	0.61	0.65
Cash	0.48	0.37	0.82	0.91	-0.58	0.59	0.41	0.57	0.68	0.92	0.4	0.88	0.64	0.81	0.39	0.59	0.41		0.38	0.21	0.65	0.93	0.22	0.71	-0.18	0.84
Non Current Assets Total	0.98	0.9	0.32	0.12	-0.97	0.87	1.0	0.92	0.82	0.54	1.0	0.67	0.84	0.02	0.97	0.8	0.95	0.38		0.47	0.83	0.53	0.78	0.8	0.43	0.59
Non Currrent Assets Other	0.58	0.65	0.36	0.24	-0.42	0.64	0.5	0.16	0.52	0.58	0.49	0.6	0.66	0.42	0.24	0.36	0.62	0.21	0.47		0.67	0.54	0.9	0.61	0.26	0.69
Long Term Debt	0.89	0.91	0.73	0.46	-0.87	0.97	0.86	0.76	0.97	0.82	0.85	0.88	1.0	0.42	0.74	0.72	0.92	0.65	0.83	0.67		0.79	0.78	0.97	0.46	0.82
Cash And Short Term Investments	0.66	0.56	0.8	0.86	-0.69	0.73	0.57	0.59	0.76	1.0	0.55	0.98	0.78	0.84	0.46	0.67	0.59	0.93	0.53	0.54	0.79		0.53	0.82	-0.1	0.98
Good Will	0.85	0.87	0.27	0.13	-0.72	0.81	0.8	0.51	0.68	0.57	0.8	0.65	0.79	0.22	0.61	0.63	0.83	0.22	0.78	0.9	0.78	0.53		0.74	0.36	0.68
Common Stock Total Equity	0.87	0.91	0.67	0.56	-0.88	0.98	0.82	0.77	0.98	0.85	0.81	0.9	0.97	0.5	0.72	0.84	0.84	0.71	0.8	0.61	0.97	0.82	0.74		0.29	0.83
Common Stock Shares Outstanding	0.36	0.49	0.3	-0.43	-0.29	0.39	0.45	0.3	0.43	-0.07	0.44	0.02	0.47	-0.47	0.41	-0.07	0.61	-0.18	0.43	0.26	0.46	-0.1	0.36	0.29		-0.05
Short Term Investments	0.72	0.63	0.73	0.78	-0.71	0.77	0.62	0.56	0.76	0.98	0.61	0.98	0.81	0.8	0.47	0.67	0.65	0.84	0.59	0.69	0.82	0.98	0.68	0.83	-0.05

Click cells to compare fundamentals

Luminar Technologies Account Relationship Matchups

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

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When determining whether Luminar Technologies is a strong investment it is important to analyze Luminar Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Luminar Technologies' future performance. For an informed investment choice regarding Luminar Stock, refer to the following important reports:

How To Invest In Luminar

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Is Luminar Stock a good investment?

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What is Luminar Technologies' Net Worth?

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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.

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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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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.

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Luminar Net Interest Income vs Operating Income Analysis

Net Interest Income vs Operating Income

Net Interest Income vs Operating Income Correlation Analysis

Correlation Coefficient

Net Interest Income

Operating Income

Luminar Technologies fundamental ratios Correlations

Luminar Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Luminar Technologies fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Luminar Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant Equipment	+ 1.0	Other Assets
Non Current Assets Total	+ 1.0	Other Assets
Cash And Short Term Investments	+ 1.0	Total Current Assets
Non Current Assets Total	+ 1.0	Property Plant Equipment
Long Term Debt	+ 1.0	Short Long Term Debt Total
Other Assets	+ 0.99	Other Current Liab

Retained Earnings	- 0.98	Other Current Liab
Non Current Assets Total	- 0.97	Retained Earnings
Property Plant Equipment	- 0.97	Retained Earnings
Other Assets	- 0.97	Retained Earnings
Net Receivables	- 0.96	Retained Earnings
Property Plant And Equipment Net	- 0.95	Retained Earnings