Limoneira Accounts Payable vs Total Current Liabilities Analysis
LMNR Stock | USD 21.23 0.01 0.05% |
Limoneira financial indicator trend analysis is infinitely more than just investigating Limoneira recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Limoneira is a good investment. Please check the relationship between Limoneira Accounts Payable and its Total Current Liabilities accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Limoneira Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Accounts Payable vs Total Current Liabilities
Accounts Payable vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Limoneira Accounts Payable account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Limoneira's Accounts Payable and Total Current Liabilities is 0.96. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Limoneira Co, assuming nothing else is changed. The correlation between historical values of Limoneira's Accounts Payable and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Limoneira Co are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Accounts Payable i.e., Limoneira's Accounts Payable and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Accounts Payable
An accounting item on the balance sheet that represents Limoneira obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Limoneira are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Total Current Liabilities
Total Current Liabilities is an item on Limoneira balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Limoneira Co are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Limoneira's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Limoneira 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 Limoneira Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. As of 05/13/2024, Tax Provision is likely to grow to about 4 M, while Selling General Administrative is likely to drop slightly above 16.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.3M | 494K | 568.1K | 539.7K | Depreciation And Amortization | 439K | 8.6M | 9.9M | 10.4M |
Limoneira fundamental ratios Correlations
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Limoneira Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Limoneira fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 389.6M | 392.3M | 368.5M | 301.2M | 346.4M | 303.8M | |
Short Long Term Debt Total | 125.8M | 132.8M | 105.8M | 41.0M | 47.2M | 44.8M | |
Other Current Liab | 14.2M | 13.5M | (7.4M) | 23.1M | 26.5M | 27.9M | |
Total Current Liabilities | 31.5M | 35.3M | 39.3M | 33.4M | 38.4M | 23.2M | |
Total Stockholder Equity | 192.8M | 187.3M | 180.3M | 189.3M | 217.7M | 145.8M | |
Other Liab | 29.8M | 29.0M | 27.4M | 28.2M | 32.5M | 28.7M | |
Property Plant And Equipment Net | 242.6M | 242.4M | 222.6M | 160.6M | 184.7M | 162.7M | |
Net Debt | 125.3M | 132.4M | 105.0M | 37.4M | 43.0M | 40.8M | |
Retained Earnings | 30.8M | 21.6M | 15.5M | 19.0M | 21.9M | 28.2M | |
Accounts Payable | 14.0M | 19.3M | 21.4M | 19.5M | 22.4M | 12.6M | |
Cash | 501K | 439K | 857K | 3.6M | 4.2M | 4.4M | |
Non Current Assets Total | 347.1M | 350.2M | 331.0M | 271.0M | 311.6M | 280.3M | |
Non Currrent Assets Other | 8.7M | 11.0M | 3.2M | 1.2M | 1.4M | 1.4M | |
Other Assets | 21.4M | 91.6M | 33.8M | 12.9M | 14.8M | 14.1M | |
Long Term Debt | 122.6M | 130.4M | 104.1M | 40.6M | 46.7M | 44.4M | |
Cash And Short Term Investments | 501K | 439K | 857K | 3.6M | 4.2M | 4.4M | |
Net Receivables | 24.5M | 23.4M | 19.5M | 18.7M | 21.5M | 13.1M | |
Common Stock Total Equity | 176K | 178K | 179K | 177K | 203.6K | 143.3K | |
Common Stock Shares Outstanding | 17.7M | 17.6M | 17.5M | 17.6M | 20.2M | 15.8M | |
Liabilities And Stockholders Equity | 389.6M | 392.3M | 368.5M | 301.2M | 346.4M | 303.8M | |
Non Current Liabilities Total | 151.6M | 157.7M | 137.4M | 67.4M | 77.5M | 130.3M | |
Inventory | 10.7M | 10.0M | 12.8M | 4.8M | 5.5M | 5.7M | |
Other Current Assets | 17.6M | 18.2M | 17.1M | 7.9M | 9.1M | 9.0M | |
Other Stockholder Equity | 158.6M | 160.5M | 161.7M | 164.9M | 189.7M | 109.6M | |
Total Liab | 183.0M | 193.0M | 176.7M | 100.7M | 115.8M | 153.5M | |
Property Plant And Equipment Gross | 242.6M | 242.4M | 222.6M | 241.7M | 277.9M | 168.3M | |
Total Current Assets | 42.5M | 42.1M | 37.5M | 30.2M | 34.8M | 23.5M | |
Accumulated Other Comprehensive Income | (7.5M) | (5.7M) | (7.9M) | (5.7M) | (5.1M) | (4.8M) | |
Short Term Debt | 3.3M | 2.5M | 1.7M | 381K | 438.2K | 416.2K | |
Intangible Assets | 11.3M | 8.3M | 7.3M | 6.7M | 7.7M | 5.1M | |
Common Stock | 176K | 178K | 179K | 177K | 205.9K | 146.6K | |
Property Plant Equipment | 248.1M | 242.6M | 242.4M | 222.6M | 256.0M | 175.3M | |
Net Tangible Assets | 202.8M | 180.0M | 166.6M | 178.7M | 205.6M | 160.4M | |
Noncontrolling Interest In Consolidated Entity | 15.4M | 13.7M | 12.0M | 11.6M | 13.4M | 14.0M | |
Good Will | 1.5M | 1.5M | 1.5M | 1.5M | 1.7M | 1.1M | |
Retained Earnings Total Equity | 53.1M | 30.8M | 21.6M | 15.5M | 17.8M | 29.3M | |
Long Term Debt Total | 105.9M | 122.6M | 130.4M | 104.1M | 119.7M | 108.9M |
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Limoneira Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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Is Limoneira'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 Limoneira. If investors know Limoneira 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 Limoneira 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 0.96 | Dividend Share 0.3 | Earnings Share (0.58) | Revenue Per Share 10.316 | Quarterly Revenue Growth 0.048 |
The market value of Limoneira is measured differently than its book value, which is the value of Limoneira that is recorded on the company's balance sheet. Investors also form their own opinion of Limoneira's value that differs from its market value or its book value, called intrinsic value, which is Limoneira'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 Limoneira's market value can be influenced by many factors that don't directly affect Limoneira'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 Limoneira's value and its price as these two are different measures arrived at by different means. Investors typically determine if Limoneira is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Limoneira'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.