Latitude Total Current Liabilities vs Cash 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 Total Current Liabilities and its Cash 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.

Total Current Liabilities vs Cash

Total Current Liabilities vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Latitude Financial Total Current Liabilities account and Cash. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Latitude Financial's Total Current Liabilities and Cash is -0.33. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Cash 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 Total Current Liabilities and Cash 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 Current Liabilities of Latitude Financial Services are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Current Liabilities i.e., Latitude Financial's Total Current Liabilities and Cash go up and down completely randomly.

Correlation Coefficient

-0.33

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Total Current Liabilities

Total Current Liabilities is an item on Latitude Financial balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Latitude Financial Services 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.

Cash

Cash refers to the most liquid asset of Latitude Financial, which is listed under current asset account on Latitude Financial Services balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Latitude Financial customers. The amounts must be unrestricted with restricted cash listed in a different Latitude Financial account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

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 2024, despite the fact that Tax Provision is likely to grow to (45.1 M).

	2021	2022	2023	2024 (projected)
Interest Expense	166.8M	216.3M	343.7M	214.9M
Depreciation And Amortization	92.8M	105.3M	89.4M	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		0.26	-0.64	-0.76	-0.53	-0.4	-0.67	0.03	0.82	0.67	0.2	0.46	0.51	-0.25	-0.45	0.66	0.37	-0.15	-0.54	0.6	0.68	0.72	-0.74	0.13	0.87	-0.1
Short Long Term Debt Total	0.26		-0.15	-0.41	-0.07	0.69	-0.52	0.4	0.09	0.4	0.99	0.49	-0.42	-0.07	-0.3	0.33	0.38	0.59	-0.52	0.54	0.33	0.16	-0.09	-0.55	0.18	0.59
Other Current Liab	-0.64	-0.15		0.38	0.3	0.29	0.29	-0.48	-0.57	-0.39	-0.09	-0.1	-0.36	-0.42	-0.29	-0.18	-0.07	0.17	0.29	-0.32	-0.18	-0.47	0.37	-0.15	-0.56	0.15
Total Current Liabilities	-0.76	-0.41	0.38		0.87	-0.1	0.98	0.34	-0.9	-0.33	-0.36	-0.33	-0.57	0.59	0.54	-0.97	-0.17	0.32	0.94	-0.96	-0.94	-0.91	0.93	-0.34	-0.93	0.29
Total Stockholder Equity	-0.53	-0.07	0.3	0.87		-0.05	0.86	0.61	-0.9	0.05	-0.02	-0.05	-0.81	0.57	0.25	-0.89	0.08	0.71	0.88	-0.86	-0.86	-0.95	0.95	-0.64	-0.88	0.7
Other Liab	-0.4	0.69	0.29	-0.1	-0.05		-0.28	0.06	-0.23	-0.28	0.73	-0.03	-0.43	-0.07	0.03	0.11	-0.11	0.34	-0.39	0.34	0.06	-0.04	0.14	-0.29	-0.2	0.31
Net Tangible Assets	-0.67	-0.52	0.29	0.98	0.86	-0.28		0.34	-0.83	-0.28	-0.48	-0.35	-0.49	0.61	0.52	-0.96	-0.19	0.26	0.98	-0.98	-0.94	-0.88	0.88	-0.24	-0.86	0.24
Property Plant And Equipment Net	0.03	0.4	-0.48	0.34	0.61	0.06	0.34		-0.37	0.44	0.39	0.18	-0.61	0.76	0.33	-0.53	0.24	0.69	0.36	-0.32	-0.5	-0.44	0.54	-0.65	-0.32	0.69
Net Debt	0.82	0.09	-0.57	-0.9	-0.9	-0.23	-0.83	-0.37		0.22	0.03	0.14	0.82	-0.41	-0.28	0.86	0.02	-0.59	-0.79	0.81	0.83	0.97	-0.96	0.58	0.99	-0.56
Retained Earnings	0.67	0.4	-0.39	-0.33	0.05	-0.28	-0.28	0.44	0.22		0.35	0.85	-0.17	-0.16	-0.59	0.25	0.84	0.45	-0.12	0.19	0.36	0.08	-0.22	-0.52	0.35	0.5
Accounts Payable	0.2	0.99	-0.09	-0.36	-0.02	0.73	-0.48	0.39	0.03	0.35		0.43	-0.46	-0.05	-0.28	0.29	0.33	0.62	-0.49	0.5	0.28	0.12	-0.04	-0.57	0.12	0.62
Cash	0.46	0.49	-0.1	-0.33	-0.05	-0.03	-0.35	0.18	0.14	0.85	0.43		-0.19	-0.4	-0.63	0.34	0.98	0.36	-0.24	0.27	0.49	0.09	-0.26	-0.6	0.3	0.4
Non Current Assets Total	0.51	-0.42	-0.36	-0.57	-0.81	-0.43	-0.49	-0.61	0.82	-0.17	-0.46	-0.19		-0.3	0.01	0.58	-0.24	-0.92	-0.48	0.46	0.56	0.82	-0.8	0.79	0.76	-0.9
Non Currrent Assets Other	-0.25	-0.07	-0.42	0.59	0.57	-0.07	0.61	0.76	-0.41	-0.16	-0.05	-0.4	-0.3		0.82	-0.76	-0.3	0.24	0.54	-0.55	-0.78	-0.43	0.63	-0.21	-0.45	0.22
Other Assets	-0.45	-0.3	-0.29	0.54	0.25	0.03	0.52	0.33	-0.28	-0.59	-0.28	-0.63	0.01	0.82		-0.62	-0.55	-0.22	0.37	-0.43	-0.66	-0.23	0.45	0.18	-0.38	-0.26
Long Term Debt	0.66	0.33	-0.18	-0.97	-0.89	0.11	-0.96	-0.53	0.86	0.25	0.29	0.34	0.58	-0.76	-0.62		0.19	-0.38	-0.92	0.94	0.98	0.88	-0.94	0.38	0.88	-0.35
Cash And Short Term Investments	0.37	0.38	-0.07	-0.17	0.08	-0.11	-0.19	0.24	0.02	0.84	0.33	0.98	-0.24	-0.3	-0.55	0.19		0.38	-0.08	0.09	0.35	-0.04	-0.13	-0.66	0.17	0.42
Net Receivables	-0.15	0.59	0.17	0.32	0.71	0.34	0.26	0.69	-0.59	0.45	0.62	0.36	-0.92	0.24	-0.22	-0.38	0.38		0.32	-0.27	-0.36	-0.62	0.61	-0.85	-0.5	1.0
Good Will	-0.54	-0.52	0.29	0.94	0.88	-0.39	0.98	0.36	-0.79	-0.12	-0.49	-0.24	-0.48	0.54	0.37	-0.92	-0.08	0.32		-0.99	-0.89	-0.87	0.84	-0.3	-0.81	0.31
Common Stock Shares Outstanding	0.6	0.54	-0.32	-0.96	-0.86	0.34	-0.98	-0.32	0.81	0.19	0.5	0.27	0.46	-0.55	-0.43	0.94	0.09	-0.27	-0.99		0.9	0.87	-0.85	0.3	0.84	-0.26
Long Term Debt Total	0.68	0.33	-0.18	-0.94	-0.86	0.06	-0.94	-0.5	0.83	0.36	0.28	0.49	0.56	-0.78	-0.66	0.98	0.35	-0.36	-0.89	0.9		0.84	-0.94	0.27	0.88	-0.33
Non Current Liabilities Total	0.72	0.16	-0.47	-0.91	-0.95	-0.04	-0.88	-0.44	0.97	0.08	0.12	0.09	0.82	-0.43	-0.23	0.88	-0.04	-0.62	-0.87	0.87	0.84		-0.95	0.57	0.96	-0.61
Other Current Assets	-0.74	-0.09	0.37	0.93	0.95	0.14	0.88	0.54	-0.96	-0.22	-0.04	-0.26	-0.8	0.63	0.45	-0.94	-0.13	0.61	0.84	-0.85	-0.94	-0.95		-0.53	-0.96	0.58
Other Stockholder Equity	0.13	-0.55	-0.15	-0.34	-0.64	-0.29	-0.24	-0.65	0.58	-0.52	-0.57	-0.6	0.79	-0.21	0.18	0.38	-0.66	-0.85	-0.3	0.3	0.27	0.57	-0.53		0.45	-0.85
Total Liab	0.87	0.18	-0.56	-0.93	-0.88	-0.2	-0.86	-0.32	0.99	0.35	0.12	0.3	0.76	-0.45	-0.38	0.88	0.17	-0.5	-0.81	0.84	0.88	0.96	-0.96	0.45		-0.47
Total Current Assets	-0.1	0.59	0.15	0.29	0.7	0.31	0.24	0.69	-0.56	0.5	0.62	0.4	-0.9	0.22	-0.26	-0.35	0.42	1.0	0.31	-0.26	-0.33	-0.61	0.58	-0.85	-0.47

Click cells to compare fundamentals

Latitude Financial Account Relationship Matchups

Latitude Financial fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.8B	7.7B	8.0B	7.9B	7.3B	6.5B
Short Long Term Debt Total	8.0B	11.8B	6.8B	6.1B	5.7B	6.1B
Other Current Liab	(1.4B)	140.8M	10.7M	19.2M	274.9M	288.6M
Total Current Liabilities	92.4M	475.8M	1.3B	1.1B	1.5B	1.6B
Total Stockholder Equity	420.5M	1.2B	1.6B	1.5B	1.2B	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	91.3M	81.7M	69.2M	52M	25.5M	24.2M
Net Debt	7.6B	5.4B	5.3B	5.7B	5.5B	5.0B
Retained Earnings	(100.8M)	(107.7M)	7.2M	(123.4M)	(335M)	(318.3M)
Accounts Payable	130.2M	335M	79.9M	52.2M	50M	47.5M
Cash	412.0M	507.6M	605.7M	364M	250.7M	354.1M
Non Current Assets Total	8.4B	1.1B	4.2B	4.2B	7.1B	4.7B
Non Currrent Assets Other	89.4M	7.3B	2.9B	3.1B	6.0B	3.6B
Other Assets	7.5B	214.5M	186.5M	311.1M	7.3B	7.7B
Long Term Debt	6.4B	6.3B	4.9B	5.3B	4.6B	4.8B
Cash And Short Term Investments	412.0M	507.6M	689.3M	364M	250.7M	363.6M
Net Receivables	18.4M	6.1B	3.1B	3.1B	78.6M	74.7M
Good Will	524.0M	521M	738.1M	728.3M	706M	669.1M
Long Term Debt Total	6.5B	6.4B	5.9B	5.3B	4.8B	5.2B
Liabilities And Stockholders Equity	8.8B	7.7B	8.0B	7.9B	7.3B	6.5B
Non Current Liabilities Total	8.3B	6.0B	5.1B	5.4B	6.1B	5.4B
Other Current Assets	(430.4M)	9.1M	8.2M	10.8M	79.8M	83.8M
Other Stockholder Equity	24.4M	(676M)	(667.2M)	(1.0)	(0.9)	(0.94)
Total Liab	8.4B	6.5B	6.4B	6.4B	6.1B	5.7B
Total Current Assets	412.0M	6.6B	3.8B	3.7B	250.7M	238.2M
Accumulated Other Comprehensive Income	24.4M	38.2M	(667.2M)	(627.2M)	(652.9M)	(620.3M)
Cash And Equivalents	224.3M	331.3M	580.9M	358.3M	412.0M	374.7M
Short Term Debt	1.5B	5.4B	949.1M	779.7M	1.2B	1.6B
Intangible Assets	334.2M	834.8M	309.8M	203.6M	762.2M	504.9M
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