Lycos Non Current Assets Total vs Total Current Liabilities Analysis
| LCX Stock | 2.92 0.03 1.02% |
Lycos Energy financial indicator trend analysis is infinitely more than just investigating Lycos Energy recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lycos Energy is a good investment. Please check the relationship between Lycos Energy Non Current Assets Total and its Total Current Liabilities accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lycos Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Non Current Assets Total vs Total Current Liabilities
Non Current Assets Total vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lycos Energy Non Current Assets Total account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Lycos Energy's Non Current Assets Total and Total Current Liabilities is 0.95. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Lycos Energy, assuming nothing else is changed. The correlation between historical values of Lycos Energy's Non Current Assets 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 Non Current Assets Total of Lycos Energy 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 Non Current Assets Total i.e., Lycos Energy's Non Current Assets Total and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.95 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
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.Total Current Liabilities
Total Current Liabilities is an item on Lycos Energy balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Lycos Energy 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 Lycos Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lycos Energy 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 Lycos Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. Selling General Administrative is likely to drop to about 3.9 M in 2024. Tax Provision is likely to climb to about (7.6 M) in 2024
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 29.5M | 62.6M | 72.0M | 37.2M | Total Revenue | 41.0M | 96.4M | 110.9M | 55.8M |
Lycos Energy fundamental ratios Correlations
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Lycos Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for Lycos Stock Analysis
When running Lycos Energy's price analysis, check to measure Lycos Energy'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 Lycos Energy is operating at the current time. Most of Lycos Energy's value examination focuses on studying past and present price action to predict the probability of Lycos Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lycos Energy's price. Additionally, you may evaluate how the addition of Lycos Energy to your portfolios can decrease your overall portfolio volatility.