SCX Capital Stock vs Other Stockholder Equity Analysis

SCX Stock  USD 16.02  0.01  0.06%   
LS Starrett financial indicator trend analysis is infinitely more than just investigating LS Starrett recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LS Starrett is a good investment. Please check the relationship between LS Starrett Capital Stock and its Other Stockholder Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in LS Starrett. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy SCX Stock please use our How to Invest in LS Starrett guide.

Capital Stock vs Other Stockholder Equity

Capital Stock vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LS Starrett Capital Stock account and Other Stockholder Equity. At this time, the significance of the direction appears to have weak relationship.
The correlation between LS Starrett's Capital Stock and Other Stockholder Equity is 0.31. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of LS Starrett, assuming nothing else is changed. The correlation between historical values of LS Starrett's Capital Stock and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of LS Starrett are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Capital Stock i.e., LS Starrett's Capital Stock and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak

Capital Stock

The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.

Other Stockholder Equity

Most indicators from LS Starrett's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LS Starrett 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 World Market Map to better understand how to build diversified portfolios, which includes a position in LS Starrett. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy SCX Stock please use our How to Invest in LS Starrett guide.Sales General And Administrative To Revenue is likely to rise to 0.29 in 2024, whereas Selling General Administrative is likely to drop slightly above 61.7 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue253.7M256.2M294.6M232.7M
Interest Expense1.3M1.4M1.3M1.2M

LS Starrett fundamental ratios Correlations

0.3-0.010.20.730.90.410.63-0.410.950.290.10.870.030.370.790.450.620.480.95-0.190.42-0.05-0.540.060.22
0.30.20.25-0.160.480.89-0.18-0.210.29-0.45-0.180.4-0.250.590.250.50.430.740.28-0.320.340.15-0.51-0.3-0.11
-0.010.20.30.10.030.130.130.08-0.18-0.02-0.030.120.08-0.140.240.5-0.16-0.030.18-0.020.640.060.04-0.050.08
0.20.250.30.170.160.510.29-0.660.08-0.32-0.680.460.59-0.380.610.590.53-0.010.32-0.630.280.8-0.620.430.42
0.73-0.160.10.170.66-0.070.91-0.140.590.630.290.690.15-0.180.610.190.23-0.130.8-0.030.45-0.11-0.210.090.37
0.90.480.030.160.660.530.55-0.310.880.080.140.78-0.220.480.60.50.550.580.82-0.190.470.0-0.56-0.240.05
0.410.890.130.51-0.070.530.02-0.630.39-0.49-0.530.56-0.020.440.510.630.70.680.38-0.540.250.36-0.76-0.090.07
0.63-0.180.130.290.910.550.02-0.340.490.60.00.710.36-0.290.710.190.38-0.20.72-0.260.36-0.1-0.360.250.53
-0.41-0.210.08-0.66-0.14-0.31-0.63-0.34-0.390.260.78-0.54-0.480.07-0.71-0.53-0.77-0.19-0.380.680.02-0.480.81-0.43-0.45
0.950.29-0.180.080.590.880.390.49-0.390.210.080.74-0.090.510.660.410.640.580.8-0.10.31-0.06-0.5-0.030.1
0.29-0.45-0.02-0.320.630.08-0.490.60.260.210.420.260.09-0.210.24-0.39-0.1-0.350.350.360.06-0.530.320.10.3
0.1-0.18-0.03-0.680.290.14-0.530.00.780.080.42-0.14-0.480.17-0.38-0.38-0.63-0.080.120.610.14-0.570.58-0.37-0.29
0.870.40.120.460.690.780.560.71-0.540.740.26-0.140.210.190.90.440.730.390.94-0.40.380.1-0.650.150.33
0.03-0.250.080.590.15-0.22-0.020.36-0.48-0.090.09-0.480.21-0.70.50.110.25-0.510.16-0.61-0.040.29-0.410.960.79
0.370.59-0.14-0.38-0.180.480.44-0.290.070.51-0.210.170.19-0.7-0.030.130.320.930.180.230.05-0.25-0.08-0.6-0.61
0.790.250.240.610.610.60.510.71-0.710.660.24-0.380.90.5-0.030.550.740.210.85-0.490.380.2-0.690.430.55
0.450.50.50.590.190.50.630.19-0.530.41-0.39-0.380.440.110.130.550.420.380.46-0.390.730.38-0.60.010.16
0.620.43-0.160.530.230.550.70.38-0.770.64-0.1-0.630.730.250.320.740.420.560.53-0.510.060.3-0.760.20.18
0.480.74-0.03-0.01-0.130.580.68-0.2-0.190.58-0.35-0.080.39-0.510.930.210.380.560.320.00.170.04-0.33-0.47-0.49
0.950.280.180.320.80.820.380.72-0.380.80.350.120.940.160.180.850.460.530.32-0.270.5-0.03-0.520.150.34
-0.19-0.32-0.02-0.63-0.03-0.19-0.54-0.260.68-0.10.360.61-0.4-0.610.23-0.49-0.39-0.510.0-0.270.0-0.350.88-0.53-0.64
0.420.340.640.280.450.470.250.360.020.310.060.140.38-0.040.050.380.730.060.170.50.0-0.06-0.15-0.170.08
-0.050.150.060.8-0.110.00.36-0.1-0.48-0.06-0.53-0.570.10.29-0.250.20.380.30.04-0.03-0.35-0.06-0.360.20.07
-0.54-0.510.04-0.62-0.21-0.56-0.76-0.360.81-0.50.320.58-0.65-0.41-0.08-0.69-0.6-0.76-0.33-0.520.88-0.15-0.36-0.34-0.53
0.06-0.3-0.050.430.09-0.24-0.090.25-0.43-0.030.1-0.370.150.96-0.60.430.010.2-0.470.15-0.53-0.170.2-0.340.73
0.22-0.110.080.420.370.050.070.53-0.450.10.3-0.290.330.79-0.610.550.160.18-0.490.34-0.640.080.07-0.530.73
Click cells to compare fundamentals

LS Starrett Account Relationship Matchups

LS Starrett fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets172.7M184.5M199.6M192.8M221.7M228.8M
Short Long Term Debt Total35.4M26.4M37.1M15.3M17.6M17.9M
Other Current Liab13.8M16.9M18.5M17.9M16.1M10.5M
Total Current Liabilities27.8M51.7M41.2M39.6M45.5M30.0M
Total Stockholder Equity46.0M83.5M102.4M129.5M116.5M109.3M
Property Plant And Equipment Net41.6M40.3M42.7M44.3M39.9M43.1M
Net Debt22.0M17.2M22.6M4.9M5.6M5.4M
Retained Earnings58.6M74.2M89.1M112.1M100.9M88.0M
Cash13.5M9.1M14.5M10.5M9.4M9.1M
Non Current Assets Total68.6M65.3M66.5M70.6M81.2M92.6M
Non Currrent Assets Other(47.6M)(46.2M)3.3M3.6M3.2M3.0M
Cash And Short Term Investments13.5M9.1M14.5M10.5M12.0M18.5M
Net Receivables29.0M35.1M43.0M36.6M42.1M37.0M
Common Stock Shares Outstanding6.9M7.4M7.4M7.6M8.7M7.6M
Liabilities And Stockholders Equity172.7M184.5M199.6M192.8M221.7M228.8M
Non Current Liabilities Total98.9M49.3M55.9M23.8M27.3M48.6M
Inventory53.0M60.6M66.9M65.4M75.2M66.8M
Other Current Assets8.6M14.5M8.7M9.7M8.8M9.7M
Other Stockholder Equity55.8M56.5M57.1M57.8M66.5M48.7M
Total Liab126.7M101.0M97.1M63.3M72.8M78.5M
Total Current Assets104.1M119.2M133.1M122.2M140.5M136.2M
Intangible Assets5.0M4.9M4.6M4.7M4.2M5.3M
Accounts Payable7.6M17.2M14.6M15.0M13.5M10.7M
Short Term Debt6.4M17.6M8.1M6.7M7.6M4.9M
Common Stock Total Equity7.0M6.9M7.0M7.1M8.2M7.5M
Property Plant And Equipment Gross41.6M40.3M146.4M154.9M178.1M187.0M
Accumulated Other Comprehensive Income(75.4M)(54.3M)(51.1M)(47.9M)(43.1M)(45.3M)
Common Stock7.0M7.1M7.3M7.4M8.5M7.5M
Other Liab69.9M40.5M26.9M15.1M17.3M16.5M
Other Assets21.0M19.1M18.2M20.6M18.5M21.8M
Long Term Debt26.3M6.0M24.9M5.3M6.1M11.9M
Property Plant Equipment41.6M40.3M42.7M44.3M39.9M43.0M
Net Tangible Assets40.0M77.6M96.8M123.8M111.4M75.4M
Retained Earnings Total Equity74.4M80.5M58.6M74.2M85.3M69.8M
Long Term Debt Total26.3M6.0M24.9M5.3M4.7M4.5M
Capital Surpluse55.8M56.5M57.1M57.8M66.5M60.8M

Currently Active Assets on Macroaxis

When determining whether LS Starrett offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LS Starrett'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 Ls Starrett Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ls Starrett Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in LS Starrett. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy SCX Stock please use our How to Invest in LS Starrett guide.
Note that the LS Starrett information on this page should be used as a complementary analysis to other LS Starrett's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

Complementary Tools for SCX Stock analysis

When running LS Starrett's price analysis, check to measure LS Starrett'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 LS Starrett is operating at the current time. Most of LS Starrett's value examination focuses on studying past and present price action to predict the probability of LS Starrett's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LS Starrett's price. Additionally, you may evaluate how the addition of LS Starrett to your portfolios can decrease your overall portfolio volatility.
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Is LS Starrett'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 LS Starrett. If investors know SCX 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 LS Starrett 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
(0.07)
Earnings Share
2.57
Revenue Per Share
33.787
Quarterly Revenue Growth
(0.07)
Return On Assets
0.0792
The market value of LS Starrett is measured differently than its book value, which is the value of SCX that is recorded on the company's balance sheet. Investors also form their own opinion of LS Starrett's value that differs from its market value or its book value, called intrinsic value, which is LS Starrett'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 LS Starrett's market value can be influenced by many factors that don't directly affect LS Starrett'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 LS Starrett's value and its price as these two are different measures arrived at by different means. Investors typically determine if LS Starrett is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LS Starrett'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.