Lottery Retained Earnings vs Total Liab 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 Liab 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 Liab
Retained Earnings vs Total Liab 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 Liab. At this time, the significance of the direction appears to have pay attention.
The correlation between Lottery Common's Retained Earnings and Total Liab is -0.77. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Liab 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 Liab 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 Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Retained Earnings i.e., Lottery Common's Retained Earnings and Total Liab go up and down completely randomly.
Correlation Coefficient | -0.77 |
Relationship Direction | Negative |
Relationship Strength | 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 Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.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
Click cells to compare fundamentals
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 |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck 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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Complementary Tools for Lottery Stock analysis
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.
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets |
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.