| LCFY Stock | | | USD 6.85 0.45 6.16% |
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 Total Liab and its Capital Lease Obligations 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.
Total Liab vs Capital Lease Obligations
Total Liab vs Capital Lease Obligations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Locafy Total Liab account and
Capital Lease Obligations. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Locafy's Total Liab and Capital Lease Obligations is -0.49. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of Locafy, assuming nothing else is changed. The correlation between historical values of Locafy's Total Liab and Capital Lease Obligations 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 Liab of Locafy are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Total Liab i.e., Locafy's Total Liab and Capital Lease Obligations go up and down completely randomly.
Correlation Coefficient | -0.49 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Capital Lease Obligations
Locafy capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Locafy asset purchases. For example, Locafy can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Locafy control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
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 2025, whereas
Issuance Of Capital Stock is likely to drop slightly above 658.3
K in 2025.
Locafy fundamental ratios Correlations
Click cells to compare fundamentals
Locafy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Locafy fundamental ratios Accounts
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.