Lantern Accounts Payable vs Other Assets Analysis

LTRN Stock  USD 5.50  0.04  0.73%   
Lantern Pharma financial indicator trend analysis is infinitely more than just investigating Lantern Pharma recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lantern Pharma is a good investment. Please check the relationship between Lantern Pharma Accounts Payable and its Other Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lantern Pharma. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Lantern Stock, please use our How to Invest in Lantern Pharma guide.

Accounts Payable vs Other Assets

Accounts Payable vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lantern Pharma Accounts Payable account and Other Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Lantern Pharma's Accounts Payable and Other Assets is 0.13. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Assets in the same time period over historical financial statements of Lantern Pharma, assuming nothing else is changed. The correlation between historical values of Lantern Pharma's Accounts Payable and Other Assets 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 Lantern Pharma are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Accounts Payable i.e., Lantern Pharma's Accounts Payable and Other Assets go up and down completely randomly.

Correlation Coefficient

0.13
Relationship DirectionPositive 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Lantern Pharma 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 Lantern Pharma 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.

Other Assets

Most indicators from Lantern Pharma's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lantern Pharma 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 Lantern Pharma. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Lantern Stock, please use our How to Invest in Lantern Pharma guide.As of the 29th of April 2024, Selling General Administrative is likely to drop to 5,684. In addition to that, Issuance Of Capital Stock is likely to drop to 0.00

Lantern Pharma fundamental ratios Correlations

0.390.921.00.980.79-0.99-0.790.940.990.80.031.0-0.890.950.920.970.931.01.0-0.881.0-0.890.860.390.91
0.390.540.380.490.85-0.29-0.840.530.310.220.060.39-0.550.560.720.530.540.380.39-0.540.39-0.550.22-0.320.31
0.920.540.920.950.82-0.85-0.880.980.850.59-0.110.92-0.80.990.920.971.00.920.92-0.80.92-0.80.680.140.87
1.00.380.920.980.79-0.99-0.780.940.990.80.031.0-0.890.950.910.970.921.01.0-0.881.0-0.890.870.390.91
0.980.490.950.980.84-0.94-0.840.970.940.760.020.98-0.890.970.930.990.960.980.98-0.880.98-0.890.810.310.86
0.790.850.820.790.84-0.73-0.930.820.740.670.030.79-0.80.870.940.850.830.790.79-0.780.79-0.80.690.140.64
-0.99-0.29-0.85-0.99-0.94-0.730.71-0.89-1.0-0.82-0.07-0.990.89-0.89-0.86-0.93-0.86-0.99-0.990.87-0.990.89-0.88-0.45-0.9
-0.79-0.84-0.88-0.78-0.84-0.930.71-0.89-0.72-0.45-0.08-0.780.85-0.89-0.96-0.88-0.89-0.78-0.790.83-0.780.84-0.510.15-0.76
0.940.530.980.940.970.82-0.89-0.890.890.620.080.94-0.870.980.950.990.980.940.95-0.840.94-0.870.690.130.91
0.990.310.850.990.940.74-1.0-0.720.890.820.070.99-0.890.90.870.930.860.990.99-0.880.99-0.890.880.450.9
0.80.220.590.80.760.67-0.82-0.450.620.820.130.8-0.610.690.650.70.60.80.79-0.570.8-0.610.980.790.52
0.030.06-0.110.030.020.03-0.07-0.080.080.070.130.03-0.18-0.040.060.04-0.090.030.03-0.010.03-0.190.0-0.10.04
1.00.390.921.00.980.79-0.99-0.780.940.990.80.03-0.890.950.910.970.931.01.0-0.881.0-0.890.870.390.91
-0.89-0.55-0.8-0.89-0.89-0.80.890.85-0.87-0.89-0.61-0.18-0.89-0.83-0.91-0.91-0.82-0.89-0.890.98-0.891.0-0.66-0.08-0.86
0.950.560.990.950.970.87-0.89-0.890.980.90.69-0.040.95-0.830.950.980.990.950.95-0.820.95-0.830.760.230.87
0.920.720.920.910.930.94-0.86-0.960.950.870.650.060.91-0.910.950.960.930.910.92-0.90.91-0.910.70.090.86
0.970.530.970.970.990.85-0.93-0.880.990.930.70.040.97-0.910.980.960.980.970.97-0.890.97-0.910.760.220.9
0.930.541.00.920.960.83-0.86-0.890.980.860.6-0.090.93-0.820.990.930.980.920.93-0.820.93-0.820.690.140.88
1.00.380.921.00.980.79-0.99-0.780.940.990.80.031.0-0.890.950.910.970.921.0-0.881.0-0.890.870.390.91
1.00.390.921.00.980.79-0.99-0.790.950.990.790.031.0-0.890.950.920.970.931.0-0.881.0-0.890.860.380.91
-0.88-0.54-0.8-0.88-0.88-0.780.870.83-0.84-0.88-0.57-0.01-0.880.98-0.82-0.9-0.89-0.82-0.88-0.88-0.880.98-0.65-0.09-0.85
1.00.390.921.00.980.79-0.99-0.780.940.990.80.031.0-0.890.950.910.970.931.01.0-0.88-0.890.860.390.91
-0.89-0.55-0.8-0.89-0.89-0.80.890.84-0.87-0.89-0.61-0.19-0.891.0-0.83-0.91-0.91-0.82-0.89-0.890.98-0.89-0.66-0.09-0.86
0.860.220.680.870.810.69-0.88-0.510.690.880.980.00.87-0.660.760.70.760.690.870.86-0.650.86-0.660.770.62
0.39-0.320.140.390.310.14-0.450.150.130.450.79-0.10.39-0.080.230.090.220.140.390.38-0.090.39-0.090.770.09
0.910.310.870.910.860.64-0.9-0.760.910.90.520.040.91-0.860.870.860.90.880.910.91-0.850.91-0.860.620.09
Click cells to compare fundamentals

Lantern Pharma Account Relationship Matchups

Lantern Pharma fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4M20.4M74.0M58.8M43.6M36.4M
Other Current Liab489.3K552.3K2.2M2.7M2.5B2.6B
Total Current Liabilities489.3K552.3K2.3M2.8M2.7M1.7M
Total Stockholder Equity943.3K19.7M71.6M56.0M40.9M34.6M
Net Tangible Assets943.0K19.7M71.6M56.0M64.4M32.6M
Property Plant And Equipment Net8.8K21.5K216.2K95.7K280.4K294.4K
Net Debt(1.2M)(19.1M)(51.3M)(37.1M)(21.7M)(22.8M)
Retained Earnings(6.8M)(12.7M)(25.0M)(39.3M)(55.2M)(52.5M)
Accounts Payable489.3K552.3K2.2M2.7M2.5M1.6M
Cash1.2M19.2M51.5M37.2M21.9M24.1M
Non Current Assets Total199.8K122.7K1.2M113.6K306.3K363.2K
Cash And Short Term Investments1.2M19.2M70.7M55.2M41.3M34.5M
Common Stock Shares Outstanding6.3M6.2M10.9M10.9M10.8M9.4M
Liabilities And Stockholders Equity1.4M20.4M74.0M58.8M43.6M36.4M
Other Stockholder Equity7.7M32.4M96.7M95.7M96.3M61.0M
Total Liab489.3K660.8K2.4M2.8M2.7M1.8M
Net Invested Capital929.3K19.8M71.6M56.0M40.9M34.7M
Total Current Assets1.2M20.2M72.7M58.7M43.3M36.1M
Capital Stock25.4K622.01.1K1.1K1.1K1.0K
Net Working Capital743.5K19.7M70.4M55.9M40.7M34.3M
Property Plant Equipment8.8K21.5K216.2K48.0K55.2K65.8K

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When determining whether Lantern Pharma offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lantern Pharma'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 Lantern Pharma Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lantern Pharma Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lantern Pharma. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Lantern Stock, please use our How to Invest in Lantern Pharma guide.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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Is Lantern Pharma'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 Lantern Pharma. If investors know Lantern 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 Lantern Pharma 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)
Return On Assets
(0.22)
Return On Equity
(0.33)
The market value of Lantern Pharma is measured differently than its book value, which is the value of Lantern that is recorded on the company's balance sheet. Investors also form their own opinion of Lantern Pharma's value that differs from its market value or its book value, called intrinsic value, which is Lantern Pharma'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 Lantern Pharma's market value can be influenced by many factors that don't directly affect Lantern Pharma'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 Lantern Pharma's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lantern Pharma is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lantern Pharma'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.