Locafy Short Long Term Debt Total vs Total Current Liabilities Analysis

LCFY Stock  USD 7.20  0.09  1.27%   
Locafy financial indicator trend analysis is infinitely more than just investigating Locafy recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Locafy is a good investment. Please check the relationship between Locafy Short Long Term Debt Total and its Total Current Liabilities accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Locafy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For more information on how to buy Locafy Stock please use our How to Invest in Locafy guide.

Short Long Term Debt Total vs Total Current Liabilities

Short Long Term Debt Total vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Locafy Short Long Term Debt Total account and Total Current Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Locafy's Short Long Term Debt Total and Total Current Liabilities is -0.18. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Locafy, assuming nothing else is changed. The correlation between historical values of Locafy's Short Long Term Debt Total and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Locafy are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Short Long Term Debt Total i.e., Locafy's Short Long Term Debt Total and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.18
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Long Term Debt Total

Total Current Liabilities

Total Current Liabilities is an item on Locafy balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Locafy are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Locafy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Locafy 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Locafy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For more information on how to buy Locafy Stock please use our How to Invest in Locafy guide.At this time, Locafy's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 1.45 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 731.4 K in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense734.8K105.4K78.5K74.5K
Depreciation And Amortization852.4K1.4M1.5M977.2K

Locafy fundamental ratios Correlations

-0.630.930.70.99-0.940.930.980.96-0.86-0.85-0.080.820.920.920.820.880.7-0.08-0.930.98-0.050.96-0.26-0.321.0
-0.63-0.57-0.18-0.660.62-0.76-0.52-0.60.330.790.77-0.25-0.71-0.68-0.25-0.76-0.750.370.62-0.54-0.52-0.780.440.67-0.64
0.93-0.570.880.9-0.830.840.880.86-0.8-0.740.070.770.840.810.780.680.540.07-0.80.88-0.030.93-0.37-0.090.9
0.7-0.180.880.62-0.620.580.670.62-0.62-0.490.430.620.560.580.630.310.220.22-0.560.67-0.320.65-0.320.230.64
0.99-0.660.90.62-0.950.940.980.97-0.84-0.86-0.140.80.930.930.80.920.75-0.14-0.940.98-0.040.95-0.26-0.391.0
-0.940.62-0.83-0.62-0.95-0.98-0.95-0.980.680.940.17-0.64-0.94-0.99-0.65-0.92-0.830.350.99-0.970.25-0.890.350.53-0.95
0.93-0.760.840.580.94-0.980.90.96-0.62-0.98-0.320.570.960.990.570.940.89-0.41-0.970.92-0.090.94-0.46-0.590.94
0.98-0.520.880.670.98-0.950.90.95-0.88-0.810.00.850.870.910.850.860.66-0.06-0.921.0-0.180.88-0.13-0.320.98
0.96-0.60.860.620.97-0.980.960.95-0.73-0.89-0.110.70.970.970.70.930.83-0.32-0.990.97-0.20.93-0.39-0.440.97
-0.860.33-0.8-0.62-0.840.68-0.62-0.88-0.730.48-0.2-1.0-0.62-0.61-1.0-0.63-0.29-0.390.65-0.85-0.05-0.74-0.17-0.04-0.84
-0.850.79-0.74-0.49-0.860.94-0.98-0.81-0.890.480.46-0.42-0.9-0.97-0.42-0.9-0.90.50.92-0.840.09-0.860.450.72-0.86
-0.080.770.070.43-0.140.17-0.320.0-0.11-0.20.460.28-0.23-0.270.29-0.43-0.520.530.18-0.03-0.56-0.230.20.82-0.12
0.82-0.250.770.620.8-0.640.570.850.7-1.0-0.420.280.570.571.00.580.230.43-0.610.820.00.680.210.110.81
0.92-0.710.840.560.93-0.940.960.870.97-0.62-0.9-0.230.570.940.570.920.9-0.43-0.970.9-0.080.95-0.57-0.480.93
0.92-0.680.810.580.93-0.990.990.910.97-0.61-0.97-0.270.570.940.570.930.88-0.43-0.980.93-0.210.89-0.4-0.60.93
0.82-0.250.780.630.8-0.650.570.850.7-1.0-0.420.291.00.570.570.570.230.43-0.610.82-0.010.690.210.110.81
0.88-0.760.680.310.92-0.920.940.860.93-0.63-0.9-0.430.580.920.930.570.91-0.44-0.940.880.010.87-0.31-0.680.92
0.7-0.750.540.220.75-0.830.890.660.83-0.29-0.9-0.520.230.90.880.230.91-0.75-0.890.7-0.070.77-0.61-0.770.74
-0.080.370.070.22-0.140.35-0.41-0.06-0.32-0.390.50.530.43-0.43-0.430.43-0.44-0.750.43-0.120.25-0.190.640.75-0.14
-0.930.62-0.8-0.56-0.940.99-0.97-0.92-0.990.650.920.18-0.61-0.97-0.98-0.61-0.94-0.890.43-0.940.24-0.90.430.53-0.95
0.98-0.540.880.670.98-0.970.921.00.97-0.85-0.84-0.030.820.90.930.820.880.7-0.12-0.94-0.20.9-0.19-0.360.99
-0.05-0.52-0.03-0.32-0.040.25-0.09-0.18-0.2-0.050.09-0.560.0-0.08-0.21-0.010.01-0.070.250.24-0.20.120.06-0.04-0.06
0.96-0.780.930.650.95-0.890.940.880.93-0.74-0.86-0.230.680.950.890.690.870.77-0.19-0.90.90.12-0.48-0.350.95
-0.260.44-0.37-0.32-0.260.35-0.46-0.13-0.39-0.170.450.20.21-0.57-0.40.21-0.31-0.610.640.43-0.190.06-0.480.21-0.25
-0.320.67-0.090.23-0.390.53-0.59-0.32-0.44-0.040.720.820.11-0.48-0.60.11-0.68-0.770.750.53-0.36-0.04-0.350.21-0.38
1.0-0.640.90.641.0-0.950.940.980.97-0.84-0.86-0.120.810.930.930.810.920.74-0.14-0.950.99-0.060.95-0.25-0.38
Click cells to compare fundamentals

Locafy Account Relationship Matchups

Also Currently Popular

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.

Additional Tools for Locafy Stock Analysis

When running Locafy's price analysis, check to measure Locafy'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 Locafy is operating at the current time. Most of Locafy's value examination focuses on studying past and present price action to predict the probability of Locafy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Locafy's price. Additionally, you may evaluate how the addition of Locafy to your portfolios can decrease your overall portfolio volatility.