Latitude Good Will vs Cash And Short Term Investments Analysis

LFS Stock

1.15 0.01 0.86%

Latitude Financial financial indicator trend analysis is infinitely more than just investigating Latitude Financial recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Latitude Financial is a good investment. Please check the relationship between Latitude Financial Good Will and its Cash And Short Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Latitude Financial Services. 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.

Good Will vs Cash And Short Term Investments

Good Will vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Latitude Financial Good Will account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.

The correlation between Latitude Financial's Good Will and Cash And Short Term Investments is 0.75. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Latitude Financial Services, assuming nothing else is changed. The correlation between historical values of Latitude Financial's Good Will and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Latitude Financial Services are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Good Will i.e., Latitude Financial's Good Will and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.75

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Latitude Financial balance sheet. This account contains Latitude Financial investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Latitude Financial Services fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from Latitude Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Latitude Financial 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 Latitude Financial Services. 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.

Issuance Of Capital Stock is likely to gain to about 1.6 B in 2025, despite the fact that Tax Provision is likely to grow to (40.6 M).

	2022	2023	2024	2025 (projected)
Interest Expense	216.3M	343.7M	395.3M	214.9M
Depreciation And Amortization	105.3M	89.4M	102.8M	95.4M

Interest Expense Depreciation And Amortization

Latitude Financial fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets
Total Assets		0.41	-0.67	-0.84	-0.61	-0.21	-0.73	-0.13	0.85	0.7	0.31	0.63	0.44	-0.45	-0.63	0.75	0.55	-0.06	0.78	0.7	0.77	0.75	-0.78	0.06	0.9	-0.02
Short Long Term Debt Total	0.41		-0.23	-0.51	-0.21	0.7	-0.59	0.3	0.24	0.5	0.98	0.59	-0.37	-0.24	-0.43	0.46	0.5	0.58	0.41	0.62	0.43	0.27	-0.23	-0.54	0.34	0.59
Other Current Liab	-0.67	-0.23		0.46	0.37	0.2	0.36	-0.39	-0.61	-0.45	-0.15	-0.22	-0.36	-0.23	-0.08	-0.28	-0.19	0.13	-0.37	-0.39	-0.26	-0.52	0.43	-0.13	-0.6	0.11
Total Current Liabilities	-0.84	-0.51	0.46		0.87	-0.19	0.97	0.4	-0.92	-0.46	-0.44	-0.51	-0.51	0.67	0.68	-0.97	-0.38	0.21	-0.59	-0.96	-0.95	-0.91	0.93	-0.24	-0.94	0.17
Total Stockholder Equity	-0.61	-0.21	0.37	0.87		-0.14	0.88	0.6	-0.91	-0.1	-0.12	-0.25	-0.76	0.64	0.39	-0.91	-0.13	0.62	-0.23	-0.88	-0.89	-0.96	0.95	-0.56	-0.89	0.59
Other Liab	-0.21	0.7	0.2	-0.19	-0.14		-0.37	0.12	-0.1	-0.05	0.74	0.15	-0.42	-0.19	-0.09	0.23	0.07	0.36	-0.13	0.42	0.17	0.04	0.0	-0.3	-0.05	0.33
Net Tangible Assets	-0.73	-0.59	0.36	0.97	0.88	-0.37		0.42	-0.86	-0.36	-0.53	-0.48	-0.47	0.67	0.62	-0.96	-0.34	0.21	-0.46	-0.98	-0.95	-0.9	0.9	-0.2	-0.89	0.18
Property Plant And Equipment Net	-0.13	0.3	-0.39	0.4	0.6	0.12	0.42		-0.43	0.3	0.31	0.1	-0.66	0.69	0.39	-0.54	0.16	0.65	0.06	-0.35	-0.56	-0.5	0.58	-0.61	-0.38	0.63
Net Debt	0.85	0.24	-0.61	-0.92	-0.91	-0.1	-0.86	-0.43		0.33	0.14	0.35	0.75	-0.53	-0.45	0.88	0.23	-0.49	0.46	0.85	0.87	0.97	-0.96	0.49	0.99	-0.45
Retained Earnings	0.7	0.5	-0.45	-0.46	-0.1	-0.05	-0.36	0.3	0.33		0.41	0.89	-0.17	-0.33	-0.66	0.39	0.89	0.46	0.92	0.33	0.41	0.18	-0.32	-0.52	0.46	0.51
Accounts Payable	0.31	0.98	-0.15	-0.44	-0.12	0.74	-0.53	0.31	0.14	0.41		0.49	-0.43	-0.16	-0.38	0.37	0.4	0.63	0.32	0.55	0.35	0.2	-0.14	-0.57	0.23	0.63
Cash	0.63	0.59	-0.22	-0.51	-0.25	0.15	-0.48	0.1	0.35	0.89	0.49		-0.14	-0.56	-0.72	0.53	0.99	0.36	0.78	0.46	0.59	0.26	-0.41	-0.54	0.49	0.4
Non Current Assets Total	0.44	-0.37	-0.36	-0.51	-0.76	-0.42	-0.47	-0.66	0.75	-0.17	-0.43	-0.14		-0.28	-0.03	0.51	-0.19	-0.91	-0.04	0.42	0.55	0.78	-0.75	0.79	0.67	-0.89
Non Currrent Assets Other	-0.45	-0.24	-0.23	0.67	0.64	-0.19	0.67	0.69	-0.53	-0.33	-0.16	-0.56	-0.28		0.84	-0.82	-0.48	0.16	-0.5	-0.65	-0.82	-0.52	0.69	-0.15	-0.58	0.12
Other Assets	-0.63	-0.43	-0.08	0.68	0.39	-0.09	0.62	0.39	-0.45	-0.66	-0.38	-0.72	-0.03	0.84		-0.71	-0.65	-0.24	-0.82	-0.57	-0.72	-0.38	0.56	0.19	-0.55	-0.29
Long Term Debt	0.75	0.46	-0.28	-0.97	-0.91	0.23	-0.96	-0.54	0.88	0.39	0.37	0.53	0.51	-0.82	-0.71		0.4	-0.27	0.53	0.95	0.98	0.89	-0.94	0.28	0.91	-0.24
Cash And Short Term Investments	0.55	0.5	-0.19	-0.38	-0.13	0.07	-0.34	0.16	0.23	0.89	0.4	0.99	-0.19	-0.48	-0.65	0.4		0.38	0.75	0.31	0.47	0.14	-0.3	-0.61	0.38	0.43
Net Receivables	-0.06	0.58	0.13	0.21	0.62	0.36	0.21	0.65	-0.49	0.46	0.63	0.36	-0.91	0.16	-0.24	-0.27	0.38		0.36	-0.19	-0.3	-0.55	0.51	-0.85	-0.38	1.0
Good Will	0.78	0.41	-0.37	-0.59	-0.23	-0.13	-0.46	0.06	0.46	0.92	0.32	0.78	-0.04	-0.5	-0.82	0.53	0.75	0.36		0.43	0.53	0.29	-0.46	-0.29	0.56	0.41
Common Stock Shares Outstanding	0.7	0.62	-0.39	-0.96	-0.88	0.42	-0.98	-0.35	0.85	0.33	0.55	0.46	0.42	-0.65	-0.57	0.95	0.31	-0.19	0.43		0.92	0.88	-0.87	0.23	0.87	-0.16
Long Term Debt Total	0.77	0.43	-0.26	-0.95	-0.89	0.17	-0.95	-0.56	0.87	0.41	0.35	0.59	0.55	-0.82	-0.72	0.98	0.47	-0.3	0.53	0.92		0.88	-0.95	0.22	0.91	-0.26
Non Current Liabilities Total	0.75	0.27	-0.52	-0.91	-0.96	0.04	-0.9	-0.5	0.97	0.18	0.2	0.26	0.78	-0.52	-0.38	0.89	0.14	-0.55	0.29	0.88	0.88		-0.96	0.51	0.95	-0.52
Other Current Assets	-0.78	-0.23	0.43	0.93	0.95	0.0	0.9	0.58	-0.96	-0.32	-0.14	-0.41	-0.75	0.69	0.56	-0.94	-0.3	0.51	-0.46	-0.87	-0.95	-0.96		-0.46	-0.96	0.48
Other Stockholder Equity	0.06	-0.54	-0.13	-0.24	-0.56	-0.3	-0.2	-0.61	0.49	-0.52	-0.57	-0.54	0.79	-0.15	0.19	0.28	-0.61	-0.85	-0.29	0.23	0.22	0.51	-0.46		0.35	-0.86
Total Liab	0.9	0.34	-0.6	-0.94	-0.89	-0.05	-0.89	-0.38	0.99	0.46	0.23	0.49	0.67	-0.58	-0.55	0.91	0.38	-0.38	0.56	0.87	0.91	0.95	-0.96	0.35		-0.34
Total Current Assets	-0.02	0.59	0.11	0.17	0.59	0.33	0.18	0.63	-0.45	0.51	0.63	0.4	-0.89	0.12	-0.29	-0.24	0.43	1.0	0.41	-0.16	-0.26	-0.52	0.48	-0.86	-0.34

Click cells to compare fundamentals

Latitude Financial Account Relationship Matchups

Latitude Financial fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	7.7B	8.0B	7.9B	7.3B	6.6B	6.5B
Short Long Term Debt Total	11.8B	6.8B	6.1B	5.7B	5.2B	6.1B
Other Current Liab	140.8M	10.7M	19.2M	274.9M	316.1M	331.9M
Total Current Liabilities	475.8M	1.3B	1.1B	1.5B	1.7B	1.8B
Total Stockholder Equity	1.2B	1.6B	1.5B	1.2B	1.4B	1.0B
Other Liab	142.7M	146.4M	203.8M	133.8M	153.9M	172.7M
Net Tangible Assets	(507.6M)	(437.6M)	(474.7M)	513.1M	590.1M	619.6M
Property Plant And Equipment Net	81.7M	69.2M	52M	25.5M	29.3M	52.8M
Net Debt	5.4B	5.3B	5.7B	5.5B	4.9B	5.0B
Retained Earnings	(107.7M)	7.2M	(123.4M)	(335M)	(301.5M)	(286.4M)
Accounts Payable	335M	79.9M	52.2M	50M	45M	42.8M
Cash	507.6M	605.7M	364M	250.7M	225.6M	354.1M
Non Current Assets Total	1.1B	4.2B	4.2B	7.1B	6.4B	4.7B
Other Assets	214.5M	186.5M	311.1M	7.3B	8.4B	8.9B
Long Term Debt	6.3B	4.9B	5.3B	4.6B	4.1B	4.8B
Cash And Short Term Investments	507.6M	689.3M	364M	250.7M	225.6M	363.6M
Net Receivables	6.1B	3.1B	3.1B	78.6M	90.4M	85.9M
Good Will	521M	738.1M	728.3M	70.6M	63.5M	60.4M
Long Term Debt Total	6.5B	6.4B	5.9B	5.3B	4.8B	5.2B
Liabilities And Stockholders Equity	7.7B	8.0B	7.9B	7.3B	6.6B	6.5B
Non Current Liabilities Total	6.0B	5.1B	5.4B	6.1B	5.5B	5.4B
Other Current Assets	9.1M	8.2M	10.8M	79.8M	91.8M	96.4M
Other Stockholder Equity	24.4M	(676M)	(667.2M)	(1.0)	(0.9)	(0.94)
Total Liab	6.5B	6.4B	6.4B	6.1B	5.5B	5.7B
Total Current Assets	6.6B	3.8B	3.7B	250.7M	288.3M	273.9M
Accumulated Other Comprehensive Income	38.2M	(667.2M)	(627.2M)	(652.9M)	(587.6M)	(558.2M)
Cash And Equivalents	224.3M	331.3M	580.9M	358.3M	412.0M	374.7M
Short Term Debt	5.4B	949.1M	779.7M	1.2B	1.4B	1.6B
Intangible Assets	834.8M	309.8M	203.6M	126.8M	114.1M	108.4M
Common Stock	1.3B	2.2B	2.2B	2.2B	2.6B	1.5B
Property Plant Equipment	91.3M	81.7M	69.2M	33.6M	38.6M	53.6M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Latitude Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC