| 300343 Stock | | | 5.24 0.40 7.09% |
Lecron Energy financial indicator trend analysis is infinitely more than just investigating Lecron Energy Saving recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lecron Energy Saving is a good investment. Please check the relationship between Lecron Energy Inventory and its Short Term Debt accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Lecron Energy Saving. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lecron Energy Saving Inventory account and
Short Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Lecron Energy's Inventory and Short Term Debt is 0.77. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Lecron Energy Saving, assuming nothing else is changed. The correlation between historical values of Lecron Energy's Inventory and Short Term Debt 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 Lecron Energy Saving are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Inventory i.e., Lecron Energy's Inventory and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.77 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Most indicators from Lecron Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lecron Energy Saving 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Lecron Energy Saving. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
At present, Lecron Energy's
Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's
Tax Provision is expected to grow to about 40.1
M, whereas
Discontinued Operations is forecasted to decline to (69
M).
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Balance Sheet is a snapshot of the
financial position of Lecron Energy Saving at a specified time, usually calculated after every quarter, six months, or one year. Lecron Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Lecron Energy and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Lecron currently owns. An asset can also be divided into two categories, current and non-current.