SCX Total Assets vs Property Plant And Equipment Net Analysis

SCX Stock

USD 16.12 0.02 0.12%

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 Total Assets and its Property Plant And Equipment Net 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.

Total Assets vs Property Plant And Equipment Net

Total Assets vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LS Starrett Total Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.

The correlation between LS Starrett's Total Assets and Property Plant And Equipment Net is 0.9. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Property Plant And Equipment Net 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 Total Assets and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of LS Starrett are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Assets i.e., LS Starrett's Total Assets and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.9

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Assets

Total assets refers to the total amount of LS Starrett assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in LS Starrett books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

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

Total Revenue Interest Expense

LS Starrett 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	Total Current Assets	Intangible Assets	Accounts Payable	Short Term Debt	Good Will	Common Stock Total Equity	Property Plant And Equipment Gross
Total Assets		0.3	-0.01	0.2	0.73	0.9	0.41	0.63	-0.41	0.95	0.29	0.1	0.87	0.03	0.37	0.79	0.45	0.62	0.48	0.95	-0.19	0.42	-0.05	-0.54	0.06	0.22
Short Long Term Debt Total	0.3		0.2	0.25	-0.16	0.48	0.89	-0.18	-0.21	0.29	-0.45	-0.18	0.4	-0.25	0.59	0.25	0.5	0.43	0.74	0.28	-0.32	0.34	0.15	-0.51	-0.3	-0.11
Other Current Liab	-0.01	0.2		0.3	0.1	0.03	0.13	0.13	0.08	-0.18	-0.02	-0.03	0.12	0.08	-0.14	0.24	0.5	-0.16	-0.03	0.18	-0.02	0.64	0.06	0.04	-0.05	0.08
Total Current Liabilities	0.2	0.25	0.3		0.17	0.16	0.51	0.29	-0.66	0.08	-0.32	-0.68	0.46	0.59	-0.38	0.61	0.59	0.53	-0.01	0.32	-0.63	0.28	0.8	-0.62	0.43	0.42
Total Stockholder Equity	0.73	-0.16	0.1	0.17		0.66	-0.07	0.91	-0.14	0.59	0.63	0.29	0.69	0.15	-0.18	0.61	0.19	0.23	-0.13	0.8	-0.03	0.45	-0.11	-0.21	0.09	0.37
Property Plant And Equipment Net	0.9	0.48	0.03	0.16	0.66		0.53	0.55	-0.31	0.88	0.08	0.14	0.78	-0.22	0.48	0.6	0.5	0.55	0.58	0.82	-0.19	0.47	0.0	-0.56	-0.24	0.05
Net Debt	0.41	0.89	0.13	0.51	-0.07	0.53		0.02	-0.63	0.39	-0.49	-0.53	0.56	-0.02	0.44	0.51	0.63	0.7	0.68	0.38	-0.54	0.25	0.36	-0.76	-0.09	0.07
Retained Earnings	0.63	-0.18	0.13	0.29	0.91	0.55	0.02		-0.34	0.49	0.6	0.0	0.71	0.36	-0.29	0.71	0.19	0.38	-0.2	0.72	-0.26	0.36	-0.1	-0.36	0.25	0.53
Cash	-0.41	-0.21	0.08	-0.66	-0.14	-0.31	-0.63	-0.34		-0.39	0.26	0.78	-0.54	-0.48	0.07	-0.71	-0.53	-0.77	-0.19	-0.38	0.68	0.02	-0.48	0.81	-0.43	-0.45
Non Current Assets Total	0.95	0.29	-0.18	0.08	0.59	0.88	0.39	0.49	-0.39		0.21	0.08	0.74	-0.09	0.51	0.66	0.41	0.64	0.58	0.8	-0.1	0.31	-0.06	-0.5	-0.03	0.1
Non Currrent Assets Other	0.29	-0.45	-0.02	-0.32	0.63	0.08	-0.49	0.6	0.26	0.21		0.42	0.26	0.09	-0.21	0.24	-0.39	-0.1	-0.35	0.35	0.36	0.06	-0.53	0.32	0.1	0.3
Cash And Short Term Investments	0.1	-0.18	-0.03	-0.68	0.29	0.14	-0.53	0.0	0.78	0.08	0.42		-0.14	-0.48	0.17	-0.38	-0.38	-0.63	-0.08	0.12	0.61	0.14	-0.57	0.58	-0.37	-0.29
Net Receivables	0.87	0.4	0.12	0.46	0.69	0.78	0.56	0.71	-0.54	0.74	0.26	-0.14		0.21	0.19	0.9	0.44	0.73	0.39	0.94	-0.4	0.38	0.1	-0.65	0.15	0.33
Common Stock Shares Outstanding	0.03	-0.25	0.08	0.59	0.15	-0.22	-0.02	0.36	-0.48	-0.09	0.09	-0.48	0.21		-0.7	0.5	0.11	0.25	-0.51	0.16	-0.61	-0.04	0.29	-0.41	0.96	0.79
Non Current Liabilities Total	0.37	0.59	-0.14	-0.38	-0.18	0.48	0.44	-0.29	0.07	0.51	-0.21	0.17	0.19	-0.7		-0.03	0.13	0.32	0.93	0.18	0.23	0.05	-0.25	-0.08	-0.6	-0.61
Inventory	0.79	0.25	0.24	0.61	0.61	0.6	0.51	0.71	-0.71	0.66	0.24	-0.38	0.9	0.5	-0.03		0.55	0.74	0.21	0.85	-0.49	0.38	0.2	-0.69	0.43	0.55
Other Current Assets	0.45	0.5	0.5	0.59	0.19	0.5	0.63	0.19	-0.53	0.41	-0.39	-0.38	0.44	0.11	0.13	0.55		0.42	0.38	0.46	-0.39	0.73	0.38	-0.6	0.01	0.16
Other Stockholder Equity	0.62	0.43	-0.16	0.53	0.23	0.55	0.7	0.38	-0.77	0.64	-0.1	-0.63	0.73	0.25	0.32	0.74	0.42		0.56	0.53	-0.51	0.06	0.3	-0.76	0.2	0.18
Total Liab	0.48	0.74	-0.03	-0.01	-0.13	0.58	0.68	-0.2	-0.19	0.58	-0.35	-0.08	0.39	-0.51	0.93	0.21	0.38	0.56		0.32	0.0	0.17	0.04	-0.33	-0.47	-0.49
Total Current Assets	0.95	0.28	0.18	0.32	0.8	0.82	0.38	0.72	-0.38	0.8	0.35	0.12	0.94	0.16	0.18	0.85	0.46	0.53	0.32		-0.27	0.5	-0.03	-0.52	0.15	0.34
Intangible Assets	-0.19	-0.32	-0.02	-0.63	-0.03	-0.19	-0.54	-0.26	0.68	-0.1	0.36	0.61	-0.4	-0.61	0.23	-0.49	-0.39	-0.51	0.0	-0.27		0.0	-0.35	0.88	-0.53	-0.64
Accounts Payable	0.42	0.34	0.64	0.28	0.45	0.47	0.25	0.36	0.02	0.31	0.06	0.14	0.38	-0.04	0.05	0.38	0.73	0.06	0.17	0.5	0.0		-0.06	-0.15	-0.17	0.08
Short Term Debt	-0.05	0.15	0.06	0.8	-0.11	0.0	0.36	-0.1	-0.48	-0.06	-0.53	-0.57	0.1	0.29	-0.25	0.2	0.38	0.3	0.04	-0.03	-0.35	-0.06		-0.36	0.2	0.07
Good Will	-0.54	-0.51	0.04	-0.62	-0.21	-0.56	-0.76	-0.36	0.81	-0.5	0.32	0.58	-0.65	-0.41	-0.08	-0.69	-0.6	-0.76	-0.33	-0.52	0.88	-0.15	-0.36		-0.34	-0.53
Common Stock Total Equity	0.06	-0.3	-0.05	0.43	0.09	-0.24	-0.09	0.25	-0.43	-0.03	0.1	-0.37	0.15	0.96	-0.6	0.43	0.01	0.2	-0.47	0.15	-0.53	-0.17	0.2	-0.34		0.73
Property Plant And Equipment Gross	0.22	-0.11	0.08	0.42	0.37	0.05	0.07	0.53	-0.45	0.1	0.3	-0.29	0.33	0.79	-0.61	0.55	0.16	0.18	-0.49	0.34	-0.64	0.08	0.07	-0.53	0.73

Click cells to compare fundamentals

LS Starrett Account Relationship Matchups

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

S	SentinelOne
CRM	Salesforce
F	Ford Motor
V	Visa Class A
MSFT	Microsoft

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:

How To Invest In SCX

Details

Is SCX Stock a good investment?

Details

What is LS Starrett's Net Worth?

Details

Largest Industrial Machinery & Supplies & Components Companies

View

Largest Tools & Accessories Companies

View

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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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.

	Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios
	Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
	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 File Import Quickly import all of your third-party portfolios from your local drive in csv format
	Economic Indicators Top statistical indicators that provide insights into how an economy is performing
	Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
	Performance Analysis Check effects of mean-variance optimization against your current asset allocation
	AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities
	Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account
	Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities
	Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated

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.

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

SCX Total Assets vs Property Plant And Equipment Net Analysis

Total Assets vs Property Plant And Equipment Net

Total Assets vs Property Plant And Equipment Net Correlation Analysis

Correlation Coefficient

Total Assets

Property Plant And Equipment Net

LS Starrett fundamental ratios Correlations

LS Starrett Account Relationship Matchups

High Positive Relationship

High Negative Relationship

LS Starrett fundamental ratios Accounts

Currently Active Assets on Macroaxis

Complementary Tools for SCX Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock Total Equity	+ 0.96	Common Stock Shares Outstanding
Non Current Assets Total	+ 0.95	Total Assets
Total Current Assets	+ 0.95	Total Assets
Total Current Assets	+ 0.94	Net Receivables
Total Liab	+ 0.93	Non Current Liabilities Total
Retained Earnings	+ 0.91	Total Stockholder Equity

Other Stockholder Equity	- 0.77	Cash
Good Will	- 0.76	Other Stockholder Equity
Good Will	- 0.76	Net Debt
Inventory	- 0.71	Cash
Non Current Liabilities Total	- 0.7	Common Stock Shares Outstanding
Good Will	- 0.69	Inventory