Lottery Retained Earnings vs Total Current Assets Analysis
LTRY Stock | USD 1.81 0.01 0.56% |
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 Retained Earnings and its Total Current Assets 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.
Retained Earnings vs Total Current Assets
Retained Earnings vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lottery Common Stock Retained Earnings account and Total Current Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Lottery Common's Retained Earnings and Total Current Assets is -0.52. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Current Assets 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 Retained Earnings and Total Current 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 Retained Earnings of Lottery Common Stock are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Retained Earnings i.e., Lottery Common's Retained Earnings and Total Current Assets go up and down completely randomly.
Correlation Coefficient | -0.52 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.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 Expense | 18.1M | 764.8K | 383.6K | 364.4K | Depreciation And Amortization | 4.3M | 1.9M | 5.5M | 3.0M |
Lottery Common fundamental ratios Correlations
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Lottery Common Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lottery Common fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 41.8M | 50.7M | 147.2M | 79.4M | 65.9M | 79.2M | |
Other Current Liab | 2.4M | 3.1M | 4.7M | 5.7M | 13.5M | 14.1M | |
Total Current Liabilities | 17.3M | 34.1M | 10.1M | 17.6M | 27.9M | 19.8M | |
Total Stockholder Equity | 20.4M | 16.6M | 134.4M | 59.4M | 35.8M | 49.8M | |
Net Debt | 16.1M | 17.3M | (58.9M) | 3.7M | 5.7M | 6.0M | |
Retained Earnings | (89.3M) | (95.1M) | (104.4M) | (208.2M) | (233.8M) | (222.1M) | |
Cash | 158.5K | 3.8M | 62.6M | 102.8K | 359.8K | 341.8K | |
Non Current Assets Total | 18.6M | 17.2M | 48.7M | 58.9M | 45.7M | 52.9M | |
Non Currrent Assets Other | 74.4M | (217.1K) | (48.7M) | 13.0M | 12.1M | 11.5M | |
Cash And Short Term Investments | 158.5K | 3.8M | 62.6M | 102.8K | 359.8K | 341.8K | |
Common Stock Shares Outstanding | 598.4K | 1.1M | 1.3M | 2.5M | 2.7M | 1.6M | |
Liabilities And Stockholders Equity | 41.8M | 50.7M | 147.2M | 79.4M | 65.9M | 79.2M | |
Other Current Assets | 800.1K | 814.2K | 226.2K | 718.6K | 19.8M | 20.8M | |
Other Stockholder Equity | 109.7M | 111.8M | 238.8M | 267.5M | 269.7M | 147.2M | |
Total Liab | 21.4M | 34.1M | 10.1M | 17.6M | 27.9M | 21.5M | |
Total Current Assets | 23.3M | 33.6M | 98.5M | 20.4M | 20.2M | 36.2M |
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 Lottery Common 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, Lottery Common's short interest history, or implied volatility extrapolated from Lottery Common options trading.
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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 2.397 | Quarterly Revenue Growth 7.92 | Return On Assets (0.21) | Return On Equity (0.49) |
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.