Logility Net Income vs Change To Account Receivables Analysis

LGTY Stock   11.02  0.06  0.54%   
Logility Supply financial indicator trend analysis is infinitely more than just investigating Logility Supply Chain recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Logility Supply Chain is a good investment. Please check the relationship between Logility Supply Net Income and its Change To Account Receivables accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Logility Supply Chain. 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.

Net Income vs Change To Account Receivables

JavaScript chart by amCharts 3.21.15201620182020202220248M8.5M9M9.5M10M10.5M11M11.5M12M12.5M13M -4.5M-4M-3.5M-3M-2.5M-2M-1.5M-1M-500K0500K1M1.5M2M2.5M3M
JavaScript chart by amCharts 3.21.15Net Incometotal: 115.9MChange To Account Receivablestotal: -14.9M

Net Income vs Change To Account Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Logility Supply Chain Net Income account and Change To Account Receivables. At this time, the significance of the direction appears to have fragmental relationship.
Net IncomeChange To Account ReceivablesDiversified AwayNet IncomeChange To Account ReceivablesDiversified Away100%
The correlation between Logility Supply's Net Income and Change To Account Receivables is 0.53. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of Logility Supply Chain, assuming nothing else is changed. The correlation between historical values of Logility Supply's Net Income and Change To Account Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Logility Supply Chain are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Net Income i.e., Logility Supply's Net Income and Change To Account Receivables go up and down completely randomly.

Correlation Coefficient

0.53
Relationship DirectionPositive 
Relationship StrengthWeak

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Logility Supply Chain financial statement analysis. It represents the amount of money remaining after all of Logility Supply Chain operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Change To Account Receivables

Most indicators from Logility Supply's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Logility Supply Chain 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 Supply Chain. 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.
Tax Provision is likely to drop to about 1.5 M in 2025. Selling General Administrative is likely to drop to about 23.7 M in 2025
 2022 2023 2024 2025 (projected)
Net Interest Income2.2M3.8M4.4M4.6M
Tax Provision2.2M1.9M2.2M1.5M

Logility Supply fundamental ratios Correlations

-0.890.96-0.78-0.9-0.9-0.59-0.89-0.440.940.160.53-0.71-0.80.41-0.51-0.75-0.73-0.890.95-0.84-0.92-0.83-0.9-0.730.42
-0.89-0.880.940.980.990.620.960.47-0.84-0.33-0.640.80.85-0.570.720.830.960.91-0.840.820.990.970.990.89-0.61
0.96-0.88-0.72-0.91-0.88-0.67-0.92-0.480.950.220.58-0.78-0.860.44-0.57-0.81-0.7-0.950.97-0.9-0.93-0.83-0.88-0.730.42
-0.780.94-0.720.910.920.320.860.26-0.67-0.18-0.450.650.71-0.420.540.690.940.72-0.680.580.880.930.920.75-0.51
-0.90.98-0.910.910.960.60.990.53-0.88-0.39-0.690.870.92-0.610.730.90.920.93-0.840.810.980.990.960.82-0.63
-0.90.99-0.880.920.960.640.930.41-0.84-0.25-0.580.740.8-0.50.690.770.940.9-0.870.850.980.931.00.91-0.54
-0.590.62-0.670.320.60.640.650.68-0.72-0.55-0.740.690.67-0.650.830.670.570.82-0.660.920.710.550.640.82-0.59
-0.890.96-0.920.860.990.930.650.61-0.9-0.46-0.750.920.96-0.660.770.940.890.96-0.830.830.980.980.930.81-0.67
-0.440.47-0.480.260.530.410.680.61-0.68-0.92-0.960.820.75-0.950.820.790.470.66-0.350.560.520.560.410.49-0.91
0.94-0.840.95-0.67-0.88-0.84-0.72-0.9-0.680.40.72-0.81-0.860.61-0.65-0.83-0.7-0.940.91-0.88-0.9-0.81-0.84-0.740.6
0.16-0.330.22-0.18-0.39-0.25-0.55-0.46-0.920.40.92-0.74-0.630.96-0.83-0.69-0.42-0.480.05-0.34-0.34-0.46-0.25-0.390.92
0.53-0.640.58-0.45-0.69-0.58-0.74-0.75-0.960.720.92-0.92-0.860.98-0.93-0.9-0.65-0.780.44-0.65-0.67-0.73-0.58-0.640.95
-0.710.8-0.780.650.870.740.690.920.82-0.81-0.74-0.920.99-0.850.871.00.750.91-0.630.740.830.880.740.67-0.81
-0.80.85-0.860.710.920.80.670.960.75-0.86-0.63-0.860.99-0.770.811.00.770.94-0.730.770.880.910.80.68-0.74
0.41-0.570.44-0.42-0.61-0.5-0.65-0.66-0.950.610.960.98-0.85-0.77-0.91-0.82-0.64-0.660.29-0.53-0.58-0.67-0.5-0.590.99
-0.510.72-0.570.540.730.690.830.770.82-0.65-0.83-0.930.870.81-0.910.850.780.8-0.460.740.740.760.690.82-0.89
-0.750.83-0.810.690.90.770.670.940.79-0.83-0.69-0.91.01.0-0.820.850.780.92-0.670.750.860.910.770.69-0.79
-0.730.96-0.70.940.920.940.570.890.47-0.7-0.42-0.650.750.77-0.640.780.780.8-0.650.710.910.950.940.9-0.7
-0.890.91-0.950.720.930.90.820.960.66-0.94-0.48-0.780.910.94-0.660.80.920.8-0.890.940.960.890.90.84-0.64
0.95-0.840.97-0.68-0.84-0.87-0.66-0.83-0.350.910.050.44-0.63-0.730.29-0.46-0.67-0.65-0.89-0.9-0.9-0.74-0.87-0.740.28
-0.840.82-0.90.580.810.850.920.830.56-0.88-0.34-0.650.740.77-0.530.740.750.710.94-0.90.890.730.850.89-0.5
-0.920.99-0.930.880.980.980.710.980.52-0.9-0.34-0.670.830.88-0.580.740.860.910.96-0.90.890.950.980.89-0.59
-0.830.97-0.830.930.990.930.550.980.56-0.81-0.46-0.730.880.91-0.670.760.910.950.89-0.740.730.950.930.8-0.71
-0.90.99-0.880.920.961.00.640.930.41-0.84-0.25-0.580.740.8-0.50.690.770.940.9-0.870.850.980.930.91-0.54
-0.730.89-0.730.750.820.910.820.810.49-0.74-0.39-0.640.670.68-0.590.820.690.90.84-0.740.890.890.80.91-0.62
0.42-0.610.42-0.51-0.63-0.54-0.59-0.67-0.910.60.920.95-0.81-0.740.99-0.89-0.79-0.7-0.640.28-0.5-0.59-0.71-0.54-0.62
Click cells to compare fundamentals

Logility Supply Account Relationship Matchups

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When running Logility Supply's price analysis, check to measure Logility Supply'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 Supply is operating at the current time. Most of Logility Supply's value examination focuses on studying past and present price action to predict the probability of Logility Supply'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 Supply's price. Additionally, you may evaluate how the addition of Logility Supply to your portfolios can decrease your overall portfolio volatility.

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