LSI Income Tax Expense vs Total Revenue Analysis

LYTS Stock

USD 15.79 0.18 1.13%

LSI Industries financial indicator trend analysis is infinitely more than just investigating LSI Industries recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LSI Industries is a good investment. Please check the relationship between LSI Industries Income Tax Expense and its Total Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LSI Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

For more information on how to buy LSI Stock please use our How to Invest in LSI Industries guide.

Income Tax Expense vs Total Revenue

Income Tax Expense vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LSI Industries Income Tax Expense account and Total Revenue. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between LSI Industries' Income Tax Expense and Total Revenue is 0.49. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Total Revenue in the same time period over historical financial statements of LSI Industries, assuming nothing else is changed. The correlation between historical values of LSI Industries' Income Tax Expense and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of LSI Industries are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Income Tax Expense i.e., LSI Industries' Income Tax Expense and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.49

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Income Tax Expense

Total Revenue

Total revenue comprises all receipts LSI Industries generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Most indicators from LSI Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LSI Industries 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 LSI Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

For more information on how to buy LSI Stock please use our How to Invest in LSI Industries guide.At this time, LSI Industries' Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 14.43 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0 in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	109.2M	136.9M	157.5M	165.4M
Total Revenue	455.1M	497.0M	571.5M	600.1M

Gross Profit Total Revenue

LSI Industries fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Good Will	Common Stock Total Equity
Total Assets		0.55	0.81	0.96	0.67	0.2	0.67	0.14	-0.34	0.96	0.47	-0.34	0.96	0.73	0.76	0.8	-0.16	-0.13	0.9	0.86	0.75	-0.26	0.89	0.8	0.88	0.77
Short Long Term Debt Total	0.55		0.06	0.44	0.53	0.52	0.37	0.19	0.11	0.47	0.02	0.11	0.45	0.48	0.51	0.69	-0.35	0.44	0.51	0.32	0.67	0.28	0.33	0.55	0.41	0.46
Other Current Liab	0.81	0.06		0.87	0.46	-0.09	0.4	0.25	-0.3	0.75	0.39	-0.3	0.88	0.49	0.45	0.47	-0.19	-0.5	0.68	0.92	0.49	-0.41	0.76	0.55	0.73	0.5
Total Current Liabilities	0.96	0.44	0.87		0.54	-0.03	0.69	0.02	-0.37	0.93	0.51	-0.37	0.94	0.65	0.78	0.73	-0.16	-0.28	0.93	0.89	0.68	-0.46	0.94	0.83	0.85	0.71
Total Stockholder Equity	0.67	0.53	0.46	0.54		0.55	0.16	0.41	0.08	0.56	0.21	0.08	0.65	0.92	0.25	0.86	-0.12	0.19	0.4	0.54	0.91	0.26	0.37	0.58	0.48	0.84
Property Plant And Equipment Net	0.2	0.52	-0.09	-0.03	0.55		-0.26	0.62	0.44	0.07	-0.15	0.44	0.13	0.31	-0.19	0.25	-0.17	0.46	-0.12	-0.02	0.33	0.83	-0.24	-0.15	0.03	0.19
Net Debt	0.67	0.37	0.4	0.69	0.16	-0.26		-0.47	-0.78	0.81	0.48	-0.78	0.57	0.39	0.97	0.56	0.04	-0.1	0.89	0.46	0.36	-0.57	0.86	0.77	0.77	0.54
Retained Earnings	0.14	0.19	0.25	0.02	0.41	0.62	-0.47		0.49	-0.01	-0.43	0.49	0.18	0.05	-0.39	0.03	-0.6	0.03	-0.22	0.29	0.17	0.67	-0.22	-0.24	0.12	-0.12
Cash	-0.34	0.11	-0.3	-0.37	0.08	0.44	-0.78	0.49		-0.51	-0.54	1.0	-0.33	-0.15	-0.61	-0.2	-0.23	0.3	-0.53	-0.28	0.02	0.61	-0.62	-0.42	-0.5	-0.26
Non Current Assets Total	0.96	0.47	0.75	0.93	0.56	0.07	0.81	-0.01	-0.51		0.49	-0.51	0.87	0.66	0.86	0.74	-0.14	-0.21	0.95	0.77	0.63	-0.36	0.94	0.82	0.95	0.73
Non Currrent Assets Other	0.47	0.02	0.39	0.51	0.21	-0.15	0.48	-0.43	-0.54	0.49		-0.54	0.48	0.45	0.43	0.39	0.44	-0.15	0.49	0.36	0.28	-0.52	0.56	0.45	0.31	0.53
Cash And Short Term Investments	-0.34	0.11	-0.3	-0.37	0.08	0.44	-0.78	0.49	1.0	-0.51	-0.54		-0.33	-0.15	-0.61	-0.2	-0.23	0.3	-0.53	-0.28	0.02	0.61	-0.62	-0.42	-0.5	-0.26
Net Receivables	0.96	0.45	0.88	0.94	0.65	0.13	0.57	0.18	-0.33	0.87	0.48	-0.33		0.7	0.64	0.75	-0.11	-0.16	0.82	0.94	0.73	-0.32	0.84	0.73	0.77	0.72
Common Stock Shares Outstanding	0.73	0.48	0.49	0.65	0.92	0.31	0.39	0.05	-0.15	0.66	0.45	-0.15	0.7		0.46	0.93	0.1	0.11	0.58	0.55	0.93	-0.06	0.55	0.76	0.51	0.98
Non Current Liabilities Total	0.76	0.51	0.45	0.78	0.25	-0.19	0.97	-0.39	-0.61	0.86	0.43	-0.61	0.64	0.46		0.64	-0.07	-0.09	0.95	0.53	0.48	-0.52	0.89	0.85	0.81	0.59
Inventory	0.8	0.69	0.47	0.73	0.86	0.25	0.56	0.03	-0.2	0.74	0.39	-0.2	0.75	0.93	0.64		-0.12	0.2	0.72	0.63	0.96	-0.08	0.65	0.88	0.64	0.93
Other Current Assets	-0.16	-0.35	-0.19	-0.16	-0.12	-0.17	0.04	-0.6	-0.23	-0.14	0.44	-0.23	-0.11	0.1	-0.07	-0.12		0.16	-0.12	-0.28	-0.12	-0.37	-0.06	-0.12	-0.34	0.17
Other Stockholder Equity	-0.13	0.44	-0.5	-0.28	0.19	0.46	-0.1	0.03	0.3	-0.21	-0.15	0.3	-0.16	0.11	-0.09	0.2	0.16		-0.18	-0.2	0.21	0.47	-0.35	-0.1	-0.25	0.11
Total Liab	0.9	0.51	0.68	0.93	0.4	-0.12	0.89	-0.22	-0.53	0.95	0.49	-0.53	0.82	0.58	0.95	0.72	-0.12	-0.18		0.73	0.6	-0.52	0.97	0.89	0.88	0.68
Property Plant And Equipment Gross	0.86	0.32	0.92	0.89	0.54	-0.02	0.46	0.29	-0.28	0.77	0.36	-0.28	0.94	0.55	0.53	0.63	-0.28	-0.2	0.73		0.63	-0.34	0.77	0.65	0.74	0.56
Total Current Assets	0.75	0.67	0.49	0.68	0.91	0.33	0.36	0.17	0.02	0.63	0.28	0.02	0.73	0.93	0.48	0.96	-0.12	0.21	0.6	0.63		0.01	0.53	0.79	0.51	0.9
Short Term Debt	-0.26	0.28	-0.41	-0.46	0.26	0.83	-0.57	0.67	0.61	-0.36	-0.52	0.61	-0.32	-0.06	-0.52	-0.08	-0.37	0.47	-0.52	-0.34	0.01		-0.63	-0.46	-0.28	-0.2
Intangible Assets	0.89	0.33	0.76	0.94	0.37	-0.24	0.86	-0.22	-0.62	0.94	0.56	-0.62	0.84	0.55	0.89	0.65	-0.06	-0.35	0.97	0.77	0.53	-0.63		0.85	0.87	0.66
Accounts Payable	0.8	0.55	0.55	0.83	0.58	-0.15	0.77	-0.24	-0.42	0.82	0.45	-0.42	0.73	0.76	0.85	0.88	-0.12	-0.1	0.89	0.65	0.79	-0.46	0.85		0.74	0.82
Good Will	0.88	0.41	0.73	0.85	0.48	0.03	0.77	0.12	-0.5	0.95	0.31	-0.5	0.77	0.51	0.81	0.64	-0.34	-0.25	0.88	0.74	0.51	-0.28	0.87	0.74		0.57
Common Stock Total Equity	0.77	0.46	0.5	0.71	0.84	0.19	0.54	-0.12	-0.26	0.73	0.53	-0.26	0.72	0.98	0.59	0.93	0.17	0.11	0.68	0.56	0.9	-0.2	0.66	0.82	0.57

Click cells to compare fundamentals

LSI Industries Account Relationship Matchups

LSI Industries fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	172.3M	286.8M	311.1M	296.2M	340.6M	357.6M
Short Long Term Debt Total	11.4M	68.2M	79.6M	35.2M	40.5M	42.5M
Other Current Liab	18.1M	24.9M	29.8M	70.8M	81.4M	85.4M
Total Current Liabilities	34.6M	70.9M	74.6M	74.3M	85.5M	89.8M
Total Stockholder Equity	125.7M	131.2M	147.8M	177.6M	204.2M	113.8M
Property Plant And Equipment Net	26.5M	30.6M	27.2M	25.4M	29.2M	36.8M
Net Debt	7.9M	65.9M	77.1M	33.4M	38.4M	40.3M
Retained Earnings	(1.9M)	(1.4M)	8.2M	28.5M	32.8M	41.7M
Cash	3.5M	2.3M	2.5M	1.8M	2.1M	2.0M
Non Current Assets Total	86.4M	161.8M	152.2M	146.3M	168.2M	176.6M
Non Currrent Assets Other	19.5M	14.7M	12.0M	12.6M	14.5M	15.2M
Cash And Short Term Investments	3.5M	2.3M	2.5M	1.8M	2.1M	2.0M
Net Receivables	40.6M	59.0M	78.8M	80.8M	92.9M	97.6M
Common Stock Shares Outstanding	26.5M	27.4M	28.0M	29.3M	33.7M	22.3M
Liabilities And Stockholders Equity	172.3M	286.8M	311.1M	296.2M	340.6M	357.6M
Non Current Liabilities Total	11.9M	84.8M	88.7M	44.2M	50.9M	53.4M
Inventory	38.8M	58.9M	74.4M	63.7M	73.3M	37.0M
Other Current Assets	85.9M	4.8M	3.2M	3.5M	4.1M	3.9M
Other Stockholder Equity	68.2M	2.5M	139.5M	7.5M	8.6M	8.2M
Total Liab	46.6M	155.7M	163.3M	118.6M	136.4M	143.2M
Property Plant And Equipment Gross	35.2M	42.1M	106.6M	108.2M	124.4M	130.7M
Total Current Assets	85.9M	125.0M	158.9M	149.9M	172.4M	89.5M
Accumulated Other Comprehensive Income	(93K)	49K	45K	339K	305.1K	320.4K
Intangible Assets	30.0M	72.8M	68.0M	63.2M	72.7M	76.3M
Accounts Payable	14.2M	33.0M	34.8M	29.2M	33.6M	17.0M
Common Stock Total Equity	125.7M	127.7M	132.5M	139.5M	160.4M	101.1M
Common Stock	127.7M	132.5M	139.5M	148.7M	171.0M	95.1M
Property Plant Equipment	35.2M	30.6M	27.2M	34.4M	30.9M	34.8M
Current Deferred Revenue	1.7M	11.4M	6.4M	(29.2M)	(26.3M)	(25.0M)
Other Assets	10.9M	131.3M	283.9M	3.7M	4.2M	4.0M
Other Liab	1.1M	4.2M	12.7M	3.5M	4.0M	2.7M
Net Tangible Assets	85.4M	131.2M	147.8M	69.3M	62.4M	91.7M
Retained Earnings Total Equity	(5.8M)	(1.9M)	(1.4M)	8.2M	7.4M	7.0M
Non Current Liabilities Other	1.1M	16.6M	12.7M	12.6M	14.5M	15.2M

Pair Trading with LSI Industries

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if LSI Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in LSI Industries will appreciate offsetting losses from the drop in the long position's value.

Moving against LSI Stock

0.71	AP	Ampco Pittsburgh	Pair Corr
0.6	AZ	A2Z Smart Technologies	Pair Corr
0.42	J	Jacobs Solutions Fiscal Year End 19th of November 2024	Pair Corr
0.41	VICR	Vicor	Pair Corr

The ability to find closely correlated positions to LSI Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LSI Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back LSI Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling LSI Industries to buy it.

The correlation of LSI Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as LSI Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LSI Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for LSI Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether LSI Industries is a strong investment it is important to analyze LSI Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact LSI Industries' future performance. For an informed investment choice regarding LSI Stock, refer to the following important reports:

How To Invest In LSI

Details

Is LSI Stock a good investment?

Details

What is LSI Industries' Net Worth?

Details

Largest Electrical Components & Equipment Companies

View

Largest Electronic Components Companies

View

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LSI Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

For more information on how to buy LSI Stock please use our How to Invest in LSI Industries guide.

You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Complementary Tools for LSI Stock analysis

When running LSI Industries' price analysis, check to measure LSI Industries' 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 LSI Industries is operating at the current time. Most of LSI Industries' value examination focuses on studying past and present price action to predict the probability of LSI Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LSI Industries' price. Additionally, you may evaluate how the addition of LSI Industries to your portfolios can decrease your overall portfolio volatility.

	Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
	My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
	USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA
	Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
	Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets
	Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
	Content Syndication Quickly integrate customizable finance content to your own investment portal
	FinTech Suite Use AI to screen and filter profitable investment opportunities
	Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
	Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios
	Share Portfolio Track or share privately all of your investments from the convenience of any device
	Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope

Is LSI Industries' 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 LSI Industries. If investors know LSI 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 LSI Industries 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

0.125

Dividend Share

0.2

Earnings Share

0.92

Revenue Per Share

16.09

Quarterly Revenue Growth

(0.08)

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

LSI Income Tax Expense vs Total Revenue Analysis

Income Tax Expense vs Total Revenue

Income Tax Expense vs Total Revenue Correlation Analysis

Correlation Coefficient

Income Tax Expense

Total Revenue

LSI Industries fundamental ratios Correlations

LSI Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

LSI Industries fundamental ratios Accounts

Pair Trading with LSI Industries

Moving against LSI Stock

Complementary Tools for LSI Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Common Stock Total Equity	+ 0.98	Common Stock Shares Outstanding
Non Current Liabilities Total	+ 0.97	Net Debt
Intangible Assets	+ 0.97	Total Liab
Total Current Liabilities	+ 0.96	Total Assets
Non Current Assets Total	+ 0.96	Total Assets

Cash And Short Term Investments	- 0.78	Net Debt
Cash	- 0.78	Net Debt
Intangible Assets	- 0.63	Short Term Debt
Intangible Assets	- 0.62	Cash And Short Term Investments
Intangible Assets	- 0.62	Cash
Non Current Liabilities Total	- 0.61	Cash And Short Term Investments