Lottery Cash And Short Term Investments vs Total Current Liabilities Analysis

LTRY Stock  USD 1.77  0.11  5.85%   
Lottery Common financial indicator trend analysis is infinitely more than just investigating Lottery Common Stock recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lottery Common Stock is a good investment. Please check the relationship between Lottery Common Cash And Short Term Investments and its Total Current Liabilities accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lottery Common Stock. 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.

Cash And Short Term Investments vs Total Current Liabilities

Cash And Short Term Investments vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lottery Common Stock Cash And Short Term Investments account and Total Current Liabilities. At this time, the significance of the direction appears to have no relationship.
The correlation between Lottery Common's Cash And Short Term Investments and Total Current Liabilities is 0.03. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Lottery Common Stock, assuming nothing else is changed. The correlation between historical values of Lottery Common's Cash And Short Term Investments 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 Cash And Short Term Investments of Lottery Common Stock 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 Cash And Short Term Investments i.e., Lottery Common's Cash And Short Term Investments and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.03
Relationship DirectionPositive 
Relationship StrengthInsignificant

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Lottery Common Stock balance sheet. This account contains Lottery Common investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Lottery Common Stock fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Total Current Liabilities

Total Current Liabilities is an item on Lottery Common balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Lottery Common Stock 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 Lottery Common's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lottery Common Stock 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 Lottery Common Stock. 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.
At this time, Lottery Common's Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to rise to about 27.5 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 38.1 K in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense18.1M764.8K383.6K364.4K
Depreciation And Amortization4.3M1.9M5.5M3.0M

Lottery Common fundamental ratios Correlations

-0.67-0.94-0.42-0.30.85-0.030.960.86-0.03-0.710.8-0.52-0.89-0.94-0.490.950.40.62-0.560.69-0.46-0.5-0.560.75-0.36
-0.670.680.470.06-0.910.05-0.66-0.710.050.82-0.780.950.750.650.42-0.72-0.7-0.850.89-0.870.020.70.85-0.780.43
-0.940.680.370.29-0.820.03-0.91-0.860.030.73-0.860.550.840.990.48-0.9-0.32-0.610.54-0.730.650.490.54-0.820.27
-0.420.470.37-0.72-0.590.85-0.63-0.790.850.56-0.730.230.750.260.94-0.68-0.82-0.810.76-0.770.020.120.81-0.730.87
-0.30.060.29-0.72-0.08-0.92-0.040.19-0.920.010.140.19-0.120.39-0.660.010.470.31-0.30.230.250.35-0.340.16-0.54
0.85-0.91-0.82-0.59-0.08-0.110.840.87-0.11-0.930.9-0.76-0.93-0.77-0.520.890.760.91-0.90.93-0.16-0.76-0.890.88-0.6
-0.030.050.030.85-0.92-0.11-0.29-0.471.00.11-0.37-0.130.37-0.060.87-0.32-0.48-0.420.36-0.380.04-0.350.42-0.380.59
0.96-0.66-0.91-0.63-0.040.84-0.290.95-0.29-0.70.87-0.47-0.94-0.89-0.70.990.510.71-0.640.77-0.46-0.38-0.650.82-0.51
0.86-0.71-0.86-0.790.190.87-0.470.95-0.47-0.780.96-0.49-0.97-0.79-0.830.970.670.85-0.780.9-0.42-0.39-0.80.93-0.68
-0.030.050.030.85-0.92-0.111.0-0.29-0.470.11-0.37-0.130.37-0.060.87-0.32-0.48-0.420.36-0.380.04-0.350.42-0.380.59
-0.710.820.730.560.01-0.930.11-0.7-0.780.11-0.870.650.870.670.43-0.77-0.8-0.90.88-0.910.130.860.88-0.870.58
0.8-0.78-0.86-0.730.140.9-0.370.870.96-0.37-0.87-0.58-0.94-0.79-0.730.910.690.9-0.840.96-0.45-0.52-0.851.0-0.68
-0.520.950.550.230.19-0.76-0.13-0.47-0.49-0.130.65-0.580.530.550.2-0.51-0.5-0.660.73-0.68-0.050.630.66-0.580.17
-0.890.750.840.75-0.12-0.930.37-0.94-0.970.370.87-0.940.530.780.73-0.97-0.75-0.880.82-0.90.280.560.84-0.90.67
-0.940.650.990.260.39-0.77-0.06-0.89-0.79-0.060.67-0.790.550.780.4-0.86-0.23-0.530.46-0.650.660.470.45-0.750.17
-0.490.420.480.94-0.66-0.520.87-0.7-0.830.870.43-0.730.20.730.4-0.73-0.61-0.690.62-0.690.26-0.080.66-0.720.73
0.95-0.72-0.9-0.680.010.89-0.320.990.97-0.32-0.770.91-0.51-0.97-0.86-0.730.60.79-0.730.84-0.39-0.45-0.740.87-0.59
0.4-0.7-0.32-0.820.470.76-0.480.510.67-0.48-0.80.69-0.5-0.75-0.23-0.610.60.92-0.940.840.3-0.61-0.960.7-0.83
0.62-0.85-0.61-0.810.310.91-0.420.710.85-0.42-0.90.9-0.66-0.88-0.53-0.690.790.92-0.990.98-0.03-0.63-0.990.91-0.8
-0.560.890.540.76-0.3-0.90.36-0.64-0.780.360.88-0.840.730.820.460.62-0.73-0.94-0.99-0.95-0.10.660.99-0.840.76
0.69-0.87-0.73-0.770.230.93-0.380.770.9-0.38-0.910.96-0.68-0.9-0.65-0.690.840.840.98-0.95-0.2-0.62-0.960.97-0.74
-0.460.020.650.020.25-0.160.04-0.46-0.420.040.13-0.45-0.050.280.660.26-0.390.3-0.03-0.1-0.2-0.13-0.08-0.45-0.05
-0.50.70.490.120.35-0.76-0.35-0.38-0.39-0.350.86-0.520.630.560.47-0.08-0.45-0.61-0.630.66-0.62-0.130.64-0.520.27
-0.560.850.540.81-0.34-0.890.42-0.65-0.80.420.88-0.850.660.840.450.66-0.74-0.96-0.990.99-0.96-0.080.64-0.850.8
0.75-0.78-0.82-0.730.160.88-0.380.820.93-0.38-0.871.0-0.58-0.9-0.75-0.720.870.70.91-0.840.97-0.45-0.52-0.85-0.69
-0.360.430.270.87-0.54-0.60.59-0.51-0.680.590.58-0.680.170.670.170.73-0.59-0.83-0.80.76-0.74-0.050.270.8-0.69
Click cells to compare fundamentals

Lottery Common Account Relationship Matchups

Lottery Common fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets41.8M50.7M147.2M79.4M65.9M79.2M
Other Current Liab2.4M3.1M4.7M5.7M13.5M14.1M
Total Current Liabilities17.3M34.1M10.1M17.6M27.9M19.8M
Total Stockholder Equity20.4M16.6M134.4M59.4M35.8M49.8M
Net Debt16.1M17.3M(58.9M)3.7M5.7M6.0M
Retained Earnings(89.3M)(95.1M)(104.4M)(208.2M)(233.8M)(222.1M)
Cash158.5K3.8M62.6M102.8K359.8K341.8K
Non Current Assets Total18.6M17.2M48.7M58.9M45.7M52.9M
Non Currrent Assets Other74.4M(217.1K)(48.7M)13.0M12.1M11.5M
Cash And Short Term Investments158.5K3.8M62.6M102.8K359.8K341.8K
Common Stock Shares Outstanding598.4K1.1M1.3M2.5M2.7M1.6M
Liabilities And Stockholders Equity41.8M50.7M147.2M79.4M65.9M79.2M
Other Current Assets800.1K814.2K226.2K718.6K19.8M20.8M
Other Stockholder Equity109.7M111.8M238.8M267.5M269.7M147.2M
Total Liab21.4M34.1M10.1M17.6M27.9M21.5M
Total Current Assets23.3M33.6M98.5M20.4M20.2M36.2M

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When determining whether Lottery Common Stock offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lottery Common'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 Lottery Common Stock Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lottery Common Stock Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lottery Common Stock. 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.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Lottery Common's price analysis, check to measure Lottery Common'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 Lottery Common is operating at the current time. Most of Lottery Common's value examination focuses on studying past and present price action to predict the probability of Lottery Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lottery Common's price. Additionally, you may evaluate how the addition of Lottery Common to your portfolios can decrease your overall portfolio volatility.
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Is Lottery Common'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 Lottery Common. If investors know Lottery 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 Lottery Common listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(9.12)
Revenue Per Share
2.194
Quarterly Revenue Growth
(0.58)
Return On Assets
(0.24)
Return On Equity
(0.58)
The market value of Lottery Common Stock is measured differently than its book value, which is the value of Lottery that is recorded on the company's balance sheet. Investors also form their own opinion of Lottery Common's value that differs from its market value or its book value, called intrinsic value, which is Lottery Common'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 Lottery Common's market value can be influenced by many factors that don't directly affect Lottery Common'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 Lottery Common's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lottery Common is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lottery Common'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.