Logility Cash vs Good Will Analysis
LGTY Stock | 10.68 0.17 1.57% |
Logility financial indicator trend analysis is infinitely more than just investigating Logility recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Logility is a good investment. Please check the relationship between Logility Cash and its Good Will accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Logility. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Logility Stock please use our How to Invest in Logility guide.
Cash vs Good Will
Cash vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Logility Cash account and Good Will. At this time, the significance of the direction appears to have pay attention.
The correlation between Logility's Cash and Good Will is -0.83. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Good Will in the same time period over historical financial statements of Logility, assuming nothing else is changed. The correlation between historical values of Logility's Cash and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Logility are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Cash i.e., Logility's Cash and Good Will go up and down completely randomly.
Correlation Coefficient | -0.83 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Cash
Cash refers to the most liquid asset of Logility, which is listed under current asset account on Logility balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Logility customers. The amounts must be unrestricted with restricted cash listed in a different Logility 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.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.Most indicators from Logility's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Logility 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 Logility. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Logility Stock please use our How to Invest in Logility guide.Selling General Administrative is likely to rise to about 23.7 M in 2024, whereas Tax Provision is likely to drop slightly above 1.5 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 391K | 2.2M | 3.8M | 4.0M | Tax Provision | 562K | 2.2M | 1.9M | 1.5M |
Logility fundamental ratios Correlations
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Logility Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Logility's price analysis, check to measure Logility'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 Logility is operating at the current time. Most of Logility's value examination focuses on studying past and present price action to predict the probability of Logility's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Logility's price. Additionally, you may evaluate how the addition of Logility to your portfolios can decrease your overall portfolio volatility.