LGI Change To Account Receivables vs Stock Based Compensation Analysis

LGI Stock   2.95  0.02  0.68%   
LGI financial indicator trend analysis is infinitely more than just investigating LGI recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LGI is a good investment. Please check the relationship between LGI Change To Account Receivables and its Stock Based Compensation accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LGI. 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.

Change To Account Receivables vs Stock Based Compensation

Change To Account Receivables vs Stock Based Compensation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LGI Change To Account Receivables account and Stock Based Compensation. At this time, the significance of the direction appears to have almost no relationship.
The correlation between LGI's Change To Account Receivables and Stock Based Compensation is 0.15. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of LGI, assuming nothing else is changed. The correlation between historical values of LGI's Change To Account Receivables and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Account Receivables of LGI are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Change To Account Receivables i.e., LGI's Change To Account Receivables and Stock Based Compensation go up and down completely randomly.

Correlation Coefficient

0.15
Relationship DirectionPositive 
Relationship StrengthInsignificant

Change To Account Receivables

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
Most indicators from LGI's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LGI 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 LGI. 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 gain to about 1.4 M in 2024, whereas Tax Provision is likely to drop slightly above 2 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense822K899K1.1M900.3K
Depreciation And Amortization4.1M4.7M5.3M3.6M

LGI fundamental ratios Correlations

0.910.880.760.960.970.890.320.880.640.240.970.740.320.51-0.50.260.72-0.50.770.850.870.730.980.91-0.5
0.910.830.540.850.970.860.560.830.72-0.090.960.69-0.010.69-0.450.260.81-0.450.750.810.620.650.910.76-0.45
0.880.830.530.90.890.910.280.990.570.020.890.870.130.42-0.760.610.58-0.760.960.650.70.880.90.95-0.76
0.760.540.530.650.620.68-0.040.520.510.790.610.410.830.49-0.260.170.48-0.260.310.790.950.440.710.71-0.26
0.960.850.90.650.930.840.140.880.550.140.930.670.260.34-0.450.240.51-0.450.810.660.830.760.970.92-0.45
0.970.970.890.620.930.880.460.90.690.021.00.770.110.55-0.530.290.77-0.530.820.820.740.710.960.87-0.53
0.890.860.910.680.840.880.330.890.760.160.880.750.250.62-0.620.490.67-0.620.80.780.750.780.930.88-0.62
0.320.560.28-0.040.140.460.330.340.41-0.450.480.54-0.490.49-0.390.160.85-0.390.350.57-0.080.140.280.1-0.39
0.880.830.990.520.880.90.890.340.60.00.90.910.10.4-0.80.640.62-0.80.970.670.670.830.880.95-0.8
0.640.720.570.510.550.690.760.410.60.010.670.460.060.51-0.340.290.59-0.340.490.650.450.20.640.54-0.34
0.24-0.090.020.790.140.020.16-0.450.00.010.02-0.020.990.110.030.0-0.010.03-0.180.360.670.090.170.280.03
0.970.960.890.610.931.00.880.480.90.670.020.780.10.52-0.540.280.78-0.540.820.820.740.710.960.86-0.54
0.740.690.870.410.670.770.750.540.910.46-0.020.780.020.32-0.930.710.73-0.930.910.70.520.730.70.81-0.93
0.32-0.010.130.830.260.110.25-0.490.10.060.990.10.020.14-0.010.05-0.01-0.01-0.090.370.740.180.260.38-0.01
0.510.690.420.490.340.550.620.490.40.510.110.520.320.14-0.190.220.68-0.190.250.690.380.420.520.36-0.19
-0.5-0.45-0.76-0.26-0.45-0.53-0.62-0.39-0.8-0.340.03-0.54-0.93-0.01-0.19-0.9-0.521.0-0.84-0.48-0.34-0.65-0.47-0.71.0
0.260.260.610.170.240.290.490.160.640.290.00.280.710.050.22-0.90.25-0.90.660.250.190.520.250.56-0.9
0.720.810.580.480.510.770.670.850.620.59-0.010.780.73-0.010.68-0.520.25-0.520.540.910.450.430.650.51-0.52
-0.5-0.45-0.76-0.26-0.45-0.53-0.62-0.39-0.8-0.340.03-0.54-0.93-0.01-0.191.0-0.9-0.52-0.83-0.48-0.34-0.65-0.47-0.71.0
0.770.750.960.310.810.820.80.350.970.49-0.180.820.91-0.090.25-0.840.660.54-0.830.520.510.820.790.87-0.83
0.850.810.650.790.660.820.780.570.670.650.360.820.70.370.69-0.480.250.91-0.480.520.750.50.780.68-0.48
0.870.620.70.950.830.740.75-0.080.670.450.670.740.520.740.38-0.340.190.45-0.340.510.750.630.840.85-0.34
0.730.650.880.440.760.710.780.140.830.20.090.710.730.180.42-0.650.520.43-0.650.820.50.630.790.82-0.65
0.980.910.90.710.970.960.930.280.880.640.170.960.70.260.52-0.470.250.65-0.470.790.780.840.790.9-0.47
0.910.760.950.710.920.870.880.10.950.540.280.860.810.380.36-0.70.560.51-0.70.870.680.850.820.9-0.7
-0.5-0.45-0.76-0.26-0.45-0.53-0.62-0.39-0.8-0.340.03-0.54-0.93-0.01-0.191.0-0.9-0.521.0-0.83-0.48-0.34-0.65-0.47-0.7
Click cells to compare fundamentals

LGI Account Relationship Matchups

LGI fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets35.6M39.2M71.0M63.4M88.6M54.6M
Short Long Term Debt Total20.8M21.2M19.4M24.7M28.4M20.3M
Other Current Liab802.9K1.8M2.4M4.1M4.8M5.0M
Total Current Liabilities2.1M3.5M16.7M4.0M7.2M5.9M
Total Stockholder Equity11.7M13.4M36.3M49.4M52.8M28.8M
Property Plant And Equipment Net27.7M28.6M35.5M42.4M55.8M35.5M
Net Debt19.8M20.3M1.3M1.4M22.2M13.2M
Retained Earnings5.0M6.3M9.7M15.8M20.4M21.4M
Accounts Payable1.3M556.9K1.1M935K893K954.0K
Cash973.4K928K18.1M52K2.4M4.4M
Non Current Assets Total30.5M32.3M40.0M47.4M67.4M40.3M
Non Currrent Assets Other1.6M1.4M1.7M1.5M6.9M7.2M
Cash And Short Term Investments973.4K928K18.1M2.4M2.8M5.2M
Net Receivables2.0M2.3M1.7M1.2M909K1.4M
Liabilities And Stockholders Equity35.6M39.2M71.0M88.6M101.9M52.1M
Non Current Liabilities Total21.8M22.4M18.1M10.0M28.6M19.9M
Other Current Assets2.1M3.7M2.4M13.4M17.9M18.8M
Total Liab23.9M25.8M34.7M14.0M35.8M25.8M
Total Current Assets5.0M6.9M31.0M16.0M21.2M14.3M
Accumulated Other Comprehensive Income563.7K624K(5.2M)197K177.3K186.2K
Short Term Debt201.5K636K661K1.0M1.2M1.3M
Intangible Assets932.9K2.0M2.9M3.2M3.9M2.2M
Common Stock6.1M6.4M31.8M32.2M37.1M38.9M

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Additional Tools for LGI Stock Analysis

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