SCX Inventory vs Cash Analysis
SCX Stock | USD 16.18 0.06 0.37% |
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 Inventory and its Cash 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.
Inventory vs Cash
Inventory vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LS Starrett Inventory account and Cash. At this time, the significance of the direction appears to have pay attention.
The correlation between LS Starrett's Inventory and Cash is -0.71. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Cash 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 Inventory and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of LS Starrett are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Inventory i.e., LS Starrett's Inventory and Cash go up and down completely randomly.
Correlation Coefficient | -0.71 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Inventory
Cash
Cash refers to the most liquid asset of LS Starrett, which is listed under current asset account on LS Starrett balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from LS Starrett customers. The amounts must be unrestricted with restricted cash listed in a different LS Starrett account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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 Revenue | 253.7M | 256.2M | 294.6M | 232.7M | Interest Expense | 1.3M | 1.4M | 1.3M | 1.2M |
LS Starrett fundamental ratios Correlations
Click cells to compare fundamentals
LS Starrett Account Relationship Matchups
High Positive Relationship
High Negative Relationship
LS Starrett fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 172.7M | 184.5M | 199.6M | 192.8M | 221.7M | 228.8M | |
Short Long Term Debt Total | 35.4M | 26.4M | 37.1M | 15.3M | 17.6M | 17.9M | |
Other Current Liab | 13.8M | 16.9M | 18.5M | 17.9M | 16.1M | 10.5M | |
Total Current Liabilities | 27.8M | 51.7M | 41.2M | 39.6M | 45.5M | 30.0M | |
Total Stockholder Equity | 46.0M | 83.5M | 102.4M | 129.5M | 116.5M | 109.3M | |
Property Plant And Equipment Net | 41.6M | 40.3M | 42.7M | 44.3M | 39.9M | 43.1M | |
Net Debt | 22.0M | 17.2M | 22.6M | 4.9M | 5.6M | 5.4M | |
Retained Earnings | 58.6M | 74.2M | 89.1M | 112.1M | 100.9M | 88.0M | |
Cash | 13.5M | 9.1M | 14.5M | 10.5M | 9.4M | 9.1M | |
Non Current Assets Total | 68.6M | 65.3M | 66.5M | 70.6M | 81.2M | 92.6M | |
Non Currrent Assets Other | (47.6M) | (46.2M) | 3.3M | 3.6M | 3.2M | 3.0M | |
Cash And Short Term Investments | 13.5M | 9.1M | 14.5M | 10.5M | 12.0M | 18.5M | |
Net Receivables | 29.0M | 35.1M | 43.0M | 36.6M | 42.1M | 37.0M | |
Common Stock Shares Outstanding | 6.9M | 7.4M | 7.4M | 7.6M | 8.7M | 7.6M | |
Liabilities And Stockholders Equity | 172.7M | 184.5M | 199.6M | 192.8M | 221.7M | 228.8M | |
Non Current Liabilities Total | 98.9M | 49.3M | 55.9M | 23.8M | 27.3M | 48.6M | |
Inventory | 53.0M | 60.6M | 66.9M | 65.4M | 75.2M | 66.8M | |
Other Current Assets | 8.6M | 14.5M | 8.7M | 9.7M | 8.8M | 9.7M | |
Other Stockholder Equity | 55.8M | 56.5M | 57.1M | 57.8M | 66.5M | 48.7M | |
Total Liab | 126.7M | 101.0M | 97.1M | 63.3M | 72.8M | 78.5M | |
Total Current Assets | 104.1M | 119.2M | 133.1M | 122.2M | 140.5M | 136.2M | |
Intangible Assets | 5.0M | 4.9M | 4.6M | 4.7M | 4.2M | 5.3M | |
Accounts Payable | 7.6M | 17.2M | 14.6M | 15.0M | 13.5M | 10.7M | |
Short Term Debt | 6.4M | 17.6M | 8.1M | 6.7M | 7.6M | 4.9M | |
Common Stock Total Equity | 7.0M | 6.9M | 7.0M | 7.1M | 8.2M | 7.5M | |
Property Plant And Equipment Gross | 41.6M | 40.3M | 146.4M | 154.9M | 178.1M | 187.0M | |
Accumulated Other Comprehensive Income | (75.4M) | (54.3M) | (51.1M) | (47.9M) | (43.1M) | (45.3M) | |
Common Stock | 7.0M | 7.1M | 7.3M | 7.4M | 8.5M | 7.5M | |
Other Liab | 69.9M | 40.5M | 26.9M | 15.1M | 17.3M | 16.5M | |
Other Assets | 21.0M | 19.1M | 18.2M | 20.6M | 18.5M | 21.8M | |
Long Term Debt | 26.3M | 6.0M | 24.9M | 5.3M | 6.1M | 11.9M | |
Property Plant Equipment | 41.6M | 40.3M | 42.7M | 44.3M | 39.9M | 43.0M | |
Net Tangible Assets | 40.0M | 77.6M | 96.8M | 123.8M | 111.4M | 75.4M | |
Retained Earnings Total Equity | 74.4M | 80.5M | 58.6M | 74.2M | 85.3M | 69.8M | |
Long Term Debt Total | 26.3M | 6.0M | 24.9M | 5.3M | 4.7M | 4.5M | |
Capital Surpluse | 55.8M | 56.5M | 57.1M | 57.8M | 66.5M | 60.8M |
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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
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 | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |
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 (0.92) | Earnings Share 2.57 | Revenue Per Share 33.579 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0679 |
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.