SCX Total Stockholder Equity vs Non Current Liabilities Total 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 Total Stockholder Equity and its Non Current Liabilities Total 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 Stockholder Equity vs Non Current Liabilities Total

Total Stockholder Equity vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LS Starrett Total Stockholder Equity account and Non Current Liabilities Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between LS Starrett's Total Stockholder Equity and Non Current Liabilities Total is -0.18. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Non Current Liabilities Total 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 Stockholder Equity and Non Current Liabilities Total 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 Stockholder Equity of LS Starrett are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Total Stockholder Equity i.e., LS Starrett's Total Stockholder Equity and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

-0.18
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Non Current Liabilities Total

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
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards LS Starrett in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, LS Starrett's short interest history, or implied volatility extrapolated from LS Starrett options trading.

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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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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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.
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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.