Lootom Common Stock vs Non Current Assets Total Analysis

300555 Stock   8.61  0.01  0.12%   
Lootom Telcovideo financial indicator trend analysis is infinitely more than just investigating Lootom Telcovideo Network recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lootom Telcovideo Network is a good investment. Please check the relationship between Lootom Telcovideo Common Stock and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Lootom Telcovideo Network. 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.

Common Stock vs Non Current Assets Total

Common Stock vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lootom Telcovideo Network Common Stock account and Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Lootom Telcovideo's Common Stock and Non Current Assets Total is 0.89. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Lootom Telcovideo Network, assuming nothing else is changed. The correlation between historical values of Lootom Telcovideo's Common Stock and Non Current Assets 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 Common Stock of Lootom Telcovideo Network are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Common Stock i.e., Lootom Telcovideo's Common Stock and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Common Stock

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Lootom Telcovideo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lootom Telcovideo Network 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 Lootom Telcovideo Network. 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 current year's Selling General Administrative is expected to grow to about 25 M, whereas Tax Provision is projected to grow to (8.2 M).
 2021 2022 2023 2024 (projected)
Cost Of Revenue157.5M166.1M146.0M199.4M
Research Development13.6M17.5M22.0M16.1M

Lootom Telcovideo fundamental ratios Correlations

-0.410.870.990.960.770.090.70.870.760.410.850.870.97-0.70.690.930.430.940.740.26-0.22-0.55-0.140.72-0.58
-0.41-0.34-0.41-0.33-0.310.19-0.42-0.46-0.520.04-0.33-0.32-0.520.38-0.26-0.48-0.03-0.39-0.46-0.080.660.430.52-0.320.24
0.87-0.340.810.880.960.270.440.850.650.351.00.580.77-0.460.840.660.380.760.480.06-0.09-0.30.030.38-0.26
0.99-0.410.810.950.710.050.730.840.760.410.80.90.98-0.730.630.960.430.950.770.29-0.23-0.58-0.170.76-0.62
0.96-0.330.880.950.80.080.590.890.630.390.870.80.91-0.580.750.830.490.880.630.32-0.06-0.42-0.020.62-0.49
0.77-0.310.960.710.80.440.30.80.50.240.960.410.68-0.320.810.560.280.680.280.01-0.02-0.160.040.22-0.13
0.090.190.270.050.080.44-0.11-0.09-0.06-0.230.27-0.240.010.050.21-0.03-0.530.04-0.33-0.250.240.090.01-0.220.0
0.7-0.420.440.730.590.3-0.110.440.740.430.420.80.73-0.940.390.830.010.680.940.24-0.69-0.96-0.660.92-0.87
0.87-0.460.850.840.890.8-0.090.440.520.410.850.680.83-0.40.730.740.660.80.520.33-0.12-0.230.040.48-0.22
0.76-0.520.650.760.630.5-0.060.740.520.410.640.790.8-0.750.490.760.190.650.84-0.12-0.56-0.74-0.370.72-0.59
0.410.040.350.410.390.24-0.230.430.410.410.340.450.39-0.340.190.390.550.410.47-0.14-0.18-0.270.140.45-0.07
0.85-0.331.00.80.870.960.270.420.850.640.340.560.76-0.440.840.640.380.740.460.06-0.08-0.280.040.36-0.24
0.87-0.320.580.90.80.41-0.240.80.680.790.450.560.91-0.780.470.920.460.80.890.3-0.34-0.7-0.270.92-0.75
0.97-0.520.770.980.910.680.010.730.830.80.390.760.91-0.730.610.960.410.890.780.23-0.33-0.6-0.250.79-0.62
-0.70.38-0.46-0.73-0.58-0.320.05-0.94-0.4-0.75-0.34-0.44-0.78-0.73-0.44-0.820.0-0.69-0.89-0.160.620.920.63-0.860.85
0.69-0.260.840.630.750.810.210.390.730.490.190.840.470.61-0.440.50.230.510.380.13-0.15-0.28-0.110.35-0.27
0.93-0.480.660.960.830.56-0.030.830.740.760.390.640.920.96-0.820.50.350.930.850.26-0.43-0.72-0.380.85-0.71
0.43-0.030.380.430.490.28-0.530.010.660.190.550.380.460.410.00.230.350.440.260.110.190.160.460.220.19
0.94-0.390.760.950.880.680.040.680.80.650.410.740.80.89-0.690.510.930.440.730.24-0.22-0.54-0.160.66-0.53
0.74-0.460.480.770.630.28-0.330.940.520.840.470.460.890.78-0.890.380.850.260.730.21-0.64-0.9-0.520.92-0.79
0.26-0.080.060.290.320.01-0.250.240.33-0.12-0.140.060.30.23-0.160.130.260.110.240.210.15-0.090.020.29-0.42
-0.220.66-0.09-0.23-0.06-0.020.24-0.69-0.12-0.56-0.18-0.08-0.34-0.330.62-0.15-0.430.19-0.22-0.640.150.770.87-0.540.45
-0.550.43-0.3-0.58-0.42-0.160.09-0.96-0.23-0.74-0.27-0.28-0.7-0.60.92-0.28-0.720.16-0.54-0.9-0.090.770.78-0.860.88
-0.140.520.03-0.17-0.020.040.01-0.660.04-0.370.140.04-0.27-0.250.63-0.11-0.380.46-0.16-0.520.020.870.78-0.510.61
0.72-0.320.380.760.620.22-0.220.920.480.720.450.360.920.79-0.860.350.850.220.660.920.29-0.54-0.86-0.51-0.86
-0.580.24-0.26-0.62-0.49-0.130.0-0.87-0.22-0.59-0.07-0.24-0.75-0.620.85-0.27-0.710.19-0.53-0.79-0.420.450.880.61-0.86
Click cells to compare fundamentals

Lootom Telcovideo Account Relationship Matchups

Lootom Telcovideo fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets792.9M809.0M794.6M792.9M690.5M651.3M
Other Current Liab8.3M16.5M17.1M4.0M2.8M2.7M
Total Current Liabilities143.9M160.1M157.3M173.8M113.2M154.5M
Total Stockholder Equity639.7M639.1M627.1M608.6M569.6M488.8M
Retained Earnings270.2M269.6M254.4M201.3M166.8M197.1M
Accounts Payable74.9M84.1M88.9M78.7M63.2M85.5M
Cash22.6M73.9M64.6M39.4M40.4M38.9M
Other Assets26.3M28.7M23.1M36.2M41.7M43.7M
Net Receivables408.5M259.6M238.4M248.5M268.6M291.6M
Inventory45.4M57.9M76.6M111.6M85.9M65.6M
Other Current Assets2.2M915.3K60.0M22.6M18.3M21.2M
Total Liab146.6M162.6M159.0M175.0M114.1M157.7M
Property Plant Equipment89.1M87.9M85.0M92.6M106.5M64.9M
Other Liab3.0M2.7M2.5M1.5M1.4M1.3M
Intangible Assets15.8M15.5M15.1M14.7M14.3M16.4M
Net Tangible Assets608.2M618.9M618.6M607.0M698.1M610.9M
Deferred Long Term Liab411.5K250.8K113.2K49.7K44.7K42.5K
Total Current Assets644.2M667.4M643.3M622.6M529.1M671.8M
Non Current Assets Total148.7M141.6M151.3M170.3M161.5M162.6M
Non Currrent Assets Other3K148.7M14.6M7.2M8.3M7.9M
Short Term Investments165.3M201.1M150.6M72.4M2.0M1.9M
Non Current Liabilities Total2.7M2.5M1.6M1.2M934.4K887.7K
Short Long Term Debt64.4M46.7M46.2M40.9M36.5M0.0
Net Invested Capital686.4M685.3M668.0M645.1M569.6M530.1M
Net Working Capital500.4M507.3M486.0M448.8M415.9M382.3M

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Other Information on Investing in Lootom Stock

Balance Sheet is a snapshot of the financial position of Lootom Telcovideo Network at a specified time, usually calculated after every quarter, six months, or one year. Lootom Telcovideo Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Lootom Telcovideo 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 Lootom currently owns. An asset can also be divided into two categories, current and non-current.