Lument Total Current Liabilities vs Gross Profit Margin Analysis

LFT Stock  USD 2.61  0.03  1.14%   
Lument Finance financial indicator trend analysis is infinitely more than just investigating Lument Finance Trust recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lument Finance Trust is a good investment. Please check the relationship between Lument Finance Total Current Liabilities and its Gross Profit Margin accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lument Finance Trust. 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.

Total Current Liabilities vs Gross Profit Margin

Total Current Liabilities vs Gross Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lument Finance Trust Total Current Liabilities account and Gross Profit Margin. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Lument Finance's Total Current Liabilities and Gross Profit Margin is -0.21. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Gross Profit Margin in the same time period over historical financial statements of Lument Finance Trust, assuming nothing else is changed. The correlation between historical values of Lument Finance's Total Current Liabilities and Gross Profit Margin 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 Lument Finance Trust are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Total Current Liabilities i.e., Lument Finance's Total Current Liabilities and Gross Profit Margin go up and down completely randomly.

Correlation Coefficient

-0.21
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Current Liabilities

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

Gross Profit Margin

Most indicators from Lument Finance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lument Finance Trust 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 Lument Finance Trust. 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.
Sales General And Administrative To Revenue is likely to gain to 0.55 in 2024, whereas Selling General Administrative is likely to drop slightly above 7.3 M in 2024.
 2023 2024 (projected)
Net Interest Income32.2M23.3M
Minority Interest89.6K79.6K

Lument Finance fundamental ratios Correlations

-0.780.760.640.960.050.950.610.69-0.62-0.730.620.160.180.120.42-0.190.090.31.00.730.20.970.150.530.02
-0.78-0.47-0.17-0.590.34-0.8-0.38-0.980.90.99-0.77-0.020.220.28-0.27-0.12-0.140.06-0.8-0.990.2-0.83-0.64-0.38-0.26
0.76-0.470.610.730.490.810.680.42-0.32-0.450.340.080.550.490.41-0.24-0.090.180.750.450.510.75-0.20.64-0.02
0.64-0.170.610.750.580.510.830.07-0.02-0.130.350.310.740.710.59-0.1-0.180.80.60.130.770.51-0.520.65-0.48
0.96-0.590.730.750.160.870.630.48-0.42-0.530.450.180.270.210.4-0.180.130.410.950.530.280.88-0.050.46-0.03
0.050.340.490.580.16-0.020.58-0.370.390.34-0.11-0.110.860.850.44-0.09-0.190.380.02-0.340.83-0.01-0.880.54-0.32
0.95-0.80.810.510.87-0.020.550.73-0.64-0.760.630.10.120.060.33-0.220.070.160.950.760.130.960.280.490.1
0.61-0.380.680.830.630.580.550.32-0.24-0.370.56-0.060.630.580.620.2-0.030.470.580.370.640.54-0.330.71-0.19
0.69-0.980.420.070.48-0.370.730.32-0.92-1.00.78-0.01-0.25-0.310.250.130.03-0.140.711.0-0.240.780.70.360.28
-0.620.9-0.32-0.02-0.420.39-0.64-0.24-0.920.92-0.680.070.250.3-0.33-0.10.060.18-0.64-0.920.23-0.69-0.71-0.29-0.15
-0.730.99-0.45-0.13-0.530.34-0.76-0.37-1.00.92-0.78-0.010.210.27-0.29-0.15-0.030.08-0.75-1.00.19-0.8-0.66-0.38-0.23
0.62-0.770.340.350.45-0.110.630.560.78-0.68-0.78-0.080.050.020.40.08-0.060.280.620.780.10.670.440.47-0.07
0.16-0.020.080.310.18-0.110.1-0.06-0.010.07-0.01-0.080.180.19-0.13-0.18-0.410.560.140.020.20.1-0.060.17-0.38
0.180.220.550.740.270.860.120.63-0.250.250.210.050.180.990.61-0.22-0.490.620.14-0.210.990.11-0.740.66-0.69
0.120.280.490.710.210.850.060.58-0.310.30.270.020.190.990.59-0.27-0.530.630.08-0.270.990.05-0.760.64-0.72
0.42-0.270.410.590.40.440.330.620.25-0.33-0.290.4-0.130.610.59-0.13-0.430.390.40.290.640.4-0.20.78-0.58
-0.19-0.12-0.24-0.1-0.18-0.09-0.220.20.13-0.1-0.150.08-0.18-0.22-0.27-0.130.34-0.11-0.190.15-0.23-0.240.11-0.260.31
0.09-0.14-0.09-0.180.13-0.190.07-0.030.030.06-0.03-0.06-0.41-0.49-0.53-0.430.34-0.340.10.03-0.510.020.13-0.410.7
0.30.060.180.80.410.380.160.47-0.140.180.080.280.560.620.630.39-0.11-0.340.26-0.080.680.18-0.450.43-0.72
1.0-0.80.750.60.950.020.950.580.71-0.64-0.750.620.140.140.080.4-0.190.10.260.750.160.980.190.510.06
0.73-0.990.450.130.53-0.340.760.371.0-0.92-1.00.780.02-0.21-0.270.290.150.03-0.080.75-0.190.80.660.390.23
0.20.20.510.770.280.830.130.64-0.240.230.190.10.20.990.990.64-0.23-0.510.680.16-0.190.12-0.710.66-0.74
0.97-0.830.750.510.88-0.010.960.540.78-0.69-0.80.670.10.110.050.4-0.240.020.180.980.80.120.260.540.1
0.15-0.64-0.2-0.52-0.05-0.880.28-0.330.7-0.71-0.660.44-0.06-0.74-0.76-0.20.110.13-0.450.190.66-0.710.26-0.240.35
0.53-0.380.640.650.460.540.490.710.36-0.29-0.380.470.170.660.640.78-0.26-0.410.430.510.390.660.54-0.24-0.38
0.02-0.26-0.02-0.48-0.03-0.320.1-0.190.28-0.15-0.23-0.07-0.38-0.69-0.72-0.580.310.7-0.720.060.23-0.740.10.35-0.38
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Lument Finance Account Relationship Matchups

Lument Finance fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets657.9M621.5M1.0B1.1B1.4B1.1B
Other Current Liab(805.1K)(432.9K)(704.1K)(2.4M)6.2M6.6M
Total Current Liabilities805.1K432.9K704.1K2.4M10.3M10.9M
Total Stockholder Equity108.5M113.6M169.3M242.9M240.7M169.6M
Net Debt534.4M491.2M858.9M832.4M1.1B739.4M
Retained Earnings2.4M10.9M21.4M31.3M47.4M49.7M
Accounts Payable805.1K432.9K704.1K2.4M4.1M2.8M
Cash10.9M11.4M14.7M43.9M51.2M27.2M
Non Current Assets Total2.7M919.7K552.0K795.7K2.9M2.8M
Non Currrent Assets Other(24.4M)(2.7M)(621.5M)(1.3M)2.3M2.4M
Other Assets641.9M607.2M1.0B1.4M1.4B1.5B
Cash And Short Term Investments10.9M11.4M14.7M1.1B51.2M48.7M
Net Receivables2.3M2.0M26.4M5.8M8.6M14.4M
Common Stock Total Equity236.9K249.4K249.4K522.3K600.6K630.6K
Common Stock Shares Outstanding23.7M24.9M24.9M48.3M52.2M54.8M
Short Term Investments1.3B0.01.0B1.1B1.2B697.3M
Liabilities And Stockholders Equity657.9M621.5M1.0B1.1B1.4B1.1B
Inventory18.4M71.4M44.7M53.2M47.8M45.5M
Other Current Assets(18.4M)(71.4M)(44.7M)(53.2M)(60.1M)(57.1M)
Other Stockholder Equity105.9M102.5M233.8M314.6M135.5M162.4M
Total Liab549.3M507.8M879.5M885.0M1.2B979.3M
Total Current Assets13.3M13.4M41.1M1.1B59.8M56.8M
Accumulated Other Comprehensive Income(122.2M)(131.4M)(143.4M)(160.7M)(179.0M)(170.1M)
Common Stock236.9K249.4K249.4K522.3K522.5K548.6K
Short Long Term Debt Total545.3M542.2M920.5M923.3M1.2B1.0B
Short Term Debt505.9M502.6M873.6M876.3M1.2B802.4M
Non Current Liabilities Total545.3M502.6M873.6M2.4M1.2B808.3M
Long Term Debt39.4M39.6M46.8M47.0M1.2B1.3B
Long Term Debt Total39.4M39.6M46.8M47.0M42.3M40.2M
Capital Surpluse228.1M233.9M233.8M314.6M361.8M255.6M
Intangible Assets2.7M919.7K552.0K795.7K692.0K657.4K
Net Tangible Assets108.5M113.6M112.0M185.6M213.5M133.1M
Cash And Equivalents10.9M11.4M14.7M43.9M50.4M53.0M
Net Invested Capital653.9M616.2M985.6M1.1B1.4B1.0B
Capital Stock236.9K249.4K57.5M57.8M57.8M38.7M

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