LGI Inventory vs Retained Earnings 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 Inventory and its Retained Earnings 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.

Inventory vs Retained Earnings

Inventory vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LGI Inventory account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.

The correlation between LGI's Inventory and Retained Earnings is -0.8. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of LGI, assuming nothing else is changed. The correlation between historical values of LGI's Inventory and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of LGI are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Inventory i.e., LGI's Inventory and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.8

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Inventory

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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 Expense	822K	899K	1.1M	900.3K
Depreciation And Amortization	4.1M	4.7M	5.3M	3.6M

Interest Expense Depreciation And Amortization

LGI fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Other Assets
Total Assets		0.91	0.88	0.76	0.96	0.97	0.89	0.32	0.88	0.64	0.24	0.97	0.74	0.32	0.51	-0.5	0.26	0.72	-0.5	0.77	0.85	0.87	0.73	0.98	0.91	-0.5
Short Long Term Debt Total	0.91		0.83	0.54	0.85	0.97	0.86	0.56	0.83	0.72	-0.09	0.96	0.69	-0.01	0.69	-0.45	0.26	0.81	-0.45	0.75	0.81	0.62	0.65	0.91	0.76	-0.45
Other Current Liab	0.88	0.83		0.53	0.9	0.89	0.91	0.28	0.99	0.57	0.02	0.89	0.87	0.13	0.42	-0.76	0.61	0.58	-0.76	0.96	0.65	0.7	0.88	0.9	0.95	-0.76
Total Current Liabilities	0.76	0.54	0.53		0.65	0.62	0.68	-0.04	0.52	0.51	0.79	0.61	0.41	0.83	0.49	-0.26	0.17	0.48	-0.26	0.31	0.79	0.95	0.44	0.71	0.71	-0.26
Total Stockholder Equity	0.96	0.85	0.9	0.65		0.93	0.84	0.14	0.88	0.55	0.14	0.93	0.67	0.26	0.34	-0.45	0.24	0.51	-0.45	0.81	0.66	0.83	0.76	0.97	0.92	-0.45
Property Plant And Equipment Net	0.97	0.97	0.89	0.62	0.93		0.88	0.46	0.9	0.69	0.02	1.0	0.77	0.11	0.55	-0.53	0.29	0.77	-0.53	0.82	0.82	0.74	0.71	0.96	0.87	-0.53
Current Deferred Revenue	0.89	0.86	0.91	0.68	0.84	0.88		0.33	0.89	0.76	0.16	0.88	0.75	0.25	0.62	-0.62	0.49	0.67	-0.62	0.8	0.78	0.75	0.78	0.93	0.88	-0.62
Net Debt	0.32	0.56	0.28	-0.04	0.14	0.46	0.33		0.34	0.41	-0.45	0.48	0.54	-0.49	0.49	-0.39	0.16	0.85	-0.39	0.35	0.57	-0.08	0.14	0.28	0.1	-0.39
Retained Earnings	0.88	0.83	0.99	0.52	0.88	0.9	0.89	0.34		0.6	0.0	0.9	0.91	0.1	0.4	-0.8	0.64	0.62	-0.8	0.97	0.67	0.67	0.83	0.88	0.95	-0.8
Accounts Payable	0.64	0.72	0.57	0.51	0.55	0.69	0.76	0.41	0.6		0.01	0.67	0.46	0.06	0.51	-0.34	0.29	0.59	-0.34	0.49	0.65	0.45	0.2	0.64	0.54	-0.34
Cash	0.24	-0.09	0.02	0.79	0.14	0.02	0.16	-0.45	0.0	0.01		0.02	-0.02	0.99	0.11	0.03	0.0	-0.01	0.03	-0.18	0.36	0.67	0.09	0.17	0.28	0.03
Non Current Assets Total	0.97	0.96	0.89	0.61	0.93	1.0	0.88	0.48	0.9	0.67	0.02		0.78	0.1	0.52	-0.54	0.28	0.78	-0.54	0.82	0.82	0.74	0.71	0.96	0.86	-0.54
Non Currrent Assets Other	0.74	0.69	0.87	0.41	0.67	0.77	0.75	0.54	0.91	0.46	-0.02	0.78		0.02	0.32	-0.93	0.71	0.73	-0.93	0.91	0.7	0.52	0.73	0.7	0.81	-0.93
Cash And Short Term Investments	0.32	-0.01	0.13	0.83	0.26	0.11	0.25	-0.49	0.1	0.06	0.99	0.1	0.02		0.14	-0.01	0.05	-0.01	-0.01	-0.09	0.37	0.74	0.18	0.26	0.38	-0.01
Net Receivables	0.51	0.69	0.42	0.49	0.34	0.55	0.62	0.49	0.4	0.51	0.11	0.52	0.32	0.14		-0.19	0.22	0.68	-0.19	0.25	0.69	0.38	0.42	0.52	0.36	-0.19
Good Will	-0.5	-0.45	-0.76	-0.26	-0.45	-0.53	-0.62	-0.39	-0.8	-0.34	0.03	-0.54	-0.93	-0.01	-0.19		-0.9	-0.52	1.0	-0.84	-0.48	-0.34	-0.65	-0.47	-0.7	1.0
Common Stock Shares Outstanding	0.26	0.26	0.61	0.17	0.24	0.29	0.49	0.16	0.64	0.29	0.0	0.28	0.71	0.05	0.22	-0.9		0.25	-0.9	0.66	0.25	0.19	0.52	0.25	0.56	-0.9
Non Current Liabilities Total	0.72	0.81	0.58	0.48	0.51	0.77	0.67	0.85	0.62	0.59	-0.01	0.78	0.73	-0.01	0.68	-0.52	0.25		-0.52	0.54	0.91	0.45	0.43	0.65	0.51	-0.52
Inventory	-0.5	-0.45	-0.76	-0.26	-0.45	-0.53	-0.62	-0.39	-0.8	-0.34	0.03	-0.54	-0.93	-0.01	-0.19	1.0	-0.9	-0.52		-0.83	-0.48	-0.34	-0.65	-0.47	-0.7	1.0
Other Current Assets	0.77	0.75	0.96	0.31	0.81	0.82	0.8	0.35	0.97	0.49	-0.18	0.82	0.91	-0.09	0.25	-0.84	0.66	0.54	-0.83		0.52	0.51	0.82	0.79	0.87	-0.83
Total Liab	0.85	0.81	0.65	0.79	0.66	0.82	0.78	0.57	0.67	0.65	0.36	0.82	0.7	0.37	0.69	-0.48	0.25	0.91	-0.48	0.52		0.75	0.5	0.78	0.68	-0.48
Total Current Assets	0.87	0.62	0.7	0.95	0.83	0.74	0.75	-0.08	0.67	0.45	0.67	0.74	0.52	0.74	0.38	-0.34	0.19	0.45	-0.34	0.51	0.75		0.63	0.84	0.85	-0.34
Short Term Debt	0.73	0.65	0.88	0.44	0.76	0.71	0.78	0.14	0.83	0.2	0.09	0.71	0.73	0.18	0.42	-0.65	0.52	0.43	-0.65	0.82	0.5	0.63		0.79	0.82	-0.65
Intangible Assets	0.98	0.91	0.9	0.71	0.97	0.96	0.93	0.28	0.88	0.64	0.17	0.96	0.7	0.26	0.52	-0.47	0.25	0.65	-0.47	0.79	0.78	0.84	0.79		0.9	-0.47
Common Stock	0.91	0.76	0.95	0.71	0.92	0.87	0.88	0.1	0.95	0.54	0.28	0.86	0.81	0.38	0.36	-0.7	0.56	0.51	-0.7	0.87	0.68	0.85	0.82	0.9		-0.7
Other Assets	-0.5	-0.45	-0.76	-0.26	-0.45	-0.53	-0.62	-0.39	-0.8	-0.34	0.03	-0.54	-0.93	-0.01	-0.19	1.0	-0.9	-0.52	1.0	-0.83	-0.48	-0.34	-0.65	-0.47	-0.7

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LGI Account Relationship Matchups

LGI fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	35.6M	39.2M	71.0M	63.4M	88.6M	54.6M
Short Long Term Debt Total	20.8M	21.2M	19.4M	24.7M	28.4M	20.3M
Other Current Liab	802.9K	1.8M	2.4M	4.1M	4.8M	5.0M
Total Current Liabilities	2.1M	3.5M	16.7M	4.0M	7.2M	5.9M
Total Stockholder Equity	11.7M	13.4M	36.3M	49.4M	52.8M	28.8M
Property Plant And Equipment Net	27.7M	28.6M	35.5M	42.4M	55.8M	35.5M
Net Debt	19.8M	20.3M	1.3M	1.4M	22.2M	13.2M
Retained Earnings	5.0M	6.3M	9.7M	15.8M	20.4M	21.4M
Accounts Payable	1.3M	556.9K	1.1M	935K	893K	954.0K
Cash	973.4K	928K	18.1M	52K	2.4M	4.4M
Non Current Assets Total	30.5M	32.3M	40.0M	47.4M	67.4M	40.3M
Non Currrent Assets Other	1.6M	1.4M	1.7M	1.5M	6.9M	7.2M
Cash And Short Term Investments	973.4K	928K	18.1M	2.4M	2.8M	5.2M
Net Receivables	2.0M	2.3M	1.7M	1.2M	909K	1.4M
Liabilities And Stockholders Equity	35.6M	39.2M	71.0M	88.6M	101.9M	52.1M
Non Current Liabilities Total	21.8M	22.4M	18.1M	10.0M	28.6M	19.9M
Other Current Assets	2.1M	3.7M	2.4M	13.4M	17.9M	18.8M
Total Liab	23.9M	25.8M	34.7M	14.0M	35.8M	25.8M
Total Current Assets	5.0M	6.9M	31.0M	16.0M	21.2M	14.3M
Accumulated Other Comprehensive Income	563.7K	624K	(5.2M)	197K	177.3K	186.2K
Short Term Debt	201.5K	636K	661K	1.0M	1.2M	1.3M
Intangible Assets	932.9K	2.0M	2.9M	3.2M	3.9M	2.2M
Common Stock	6.1M	6.4M	31.8M	32.2M	37.1M	38.9M

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