Linc Change To Netincome vs Investments Analysis

LINC Stock

176.30 16.10 8.37%

Linc financial indicator trend analysis is infinitely more than just investigating Linc Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Linc Limited is a good investment. Please check the relationship between Linc Change To Netincome and its Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Linc Limited. 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 Netincome vs Investments

Change To Netincome vs Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Linc Limited Change To Netincome account and Investments. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Linc's Change To Netincome and Investments is 0.9. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Investments in the same time period over historical financial statements of Linc Limited, assuming nothing else is changed. The correlation between historical values of Linc's Change To Netincome and Investments 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 Netincome of Linc Limited are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Change To Netincome i.e., Linc's Change To Netincome and Investments go up and down completely randomly.

Correlation Coefficient

0.9

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Change To Netincome

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Most indicators from Linc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Linc Limited 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 Linc Limited. 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 626.6 M in 2024, whereas Tax Provision is likely to drop slightly above 62.2 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	7.0M	6.4M	25.7M	29.3M
Depreciation And Amortization	128.2M	141.1M	149.8M	86.4M

Interest Expense Depreciation And Amortization

Linc fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Current Deferred Revenue	Short Term Debt	Intangible Assets	Other Assets
Total Assets		0.08	-0.2	0.48	0.94	0.8	-0.05	0.74	0.7	0.46	0.85	-0.23	0.48	0.66	0.76	0.29	0.87	0.68	-0.25	0.57	0.94	0.73	0.33	-0.33	0.42	0.31
Short Long Term Debt Total	0.08		-0.01	0.62	-0.26	-0.17	0.97	-0.44	-0.39	-0.3	-0.08	-0.17	-0.36	0.54	-0.11	0.54	0.16	0.43	-0.07	0.83	0.23	-0.11	0.32	0.87	-0.58	0.64
Other Current Liab	-0.2	-0.01		0.03	-0.21	-0.22	-0.01	-0.37	-0.26	0.02	-0.25	0.22	-0.01	0.07	0.04	-0.17	0.05	-0.39	-0.31	-0.07	-0.05	0.05	-0.41	0.16	-0.19	-0.34
Total Current Liabilities	0.48	0.62	0.03		0.21	0.19	0.56	-0.05	0.03	-0.01	0.26	-0.16	-0.06	0.87	0.6	-0.04	0.64	0.46	-0.19	0.82	0.67	0.61	0.35	0.33	-0.25	0.43
Total Stockholder Equity	0.94	-0.26	-0.21	0.21		0.8	-0.36	0.88	0.76	0.5	0.82	-0.13	0.55	0.42	0.75	0.11	0.76	0.54	-0.19	0.24	0.81	0.72	0.23	-0.6	0.59	0.12
Property Plant And Equipment Net	0.8	-0.17	-0.22	0.19	0.8		-0.35	0.69	0.72	0.79	0.99	-0.13	0.78	0.37	0.62	0.23	0.67	0.47	-0.2	0.33	0.7	0.59	0.02	-0.57	0.73	-0.02
Net Debt	-0.05	0.97	-0.01	0.56	-0.36	-0.35		-0.49	-0.49	-0.51	-0.25	-0.18	-0.57	0.44	-0.19	0.46	0.02	0.41	-0.05	0.72	0.1	-0.19	0.39	0.92	-0.71	0.69
Retained Earnings	0.74	-0.44	-0.37	-0.05	0.88	0.69	-0.49		0.75	0.38	0.71	-0.29	0.47	0.09	0.51	0.05	0.55	0.4	-0.15	-0.01	0.55	0.48	0.21	-0.67	0.65	0.07
Accounts Payable	0.7	-0.39	-0.26	0.03	0.76	0.72	-0.49	0.75		0.58	0.67	-0.35	0.58	0.2	0.43	0.18	0.55	0.21	-0.24	0.13	0.56	0.42	0.06	-0.61	0.65	-0.19
Cash	0.46	-0.3	0.02	-0.01	0.5	0.79	-0.51	0.38	0.58		0.71	0.11	0.98	0.18	0.38	0.12	0.53	-0.09	-0.05	0.1	0.46	0.37	-0.44	-0.58	0.77	-0.47
Non Current Assets Total	0.85	-0.08	-0.25	0.26	0.82	0.99	-0.25	0.71	0.67	0.71		-0.16	0.7	0.44	0.66	0.27	0.7	0.58	-0.21	0.41	0.75	0.62	0.12	-0.49	0.63	0.14
Non Currrent Assets Other	-0.23	-0.17	0.22	-0.16	-0.13	-0.13	-0.18	-0.29	-0.35	0.11	-0.16		0.11	-0.2	-0.02	-0.34	-0.2	-0.36	0.01	-0.33	-0.23	-0.02	-0.57	-0.04	0.08	-0.3
Cash And Short Term Investments	0.48	-0.36	-0.01	-0.06	0.55	0.78	-0.57	0.47	0.58	0.98	0.7	0.11		0.14	0.37	0.07	0.53	-0.08	-0.05	0.03	0.46	0.36	-0.4	-0.63	0.83	-0.48
Net Receivables	0.66	0.54	0.07	0.87	0.42	0.37	0.44	0.09	0.2	0.18	0.44	-0.2	0.14		0.66	0.18	0.77	0.53	-0.25	0.83	0.84	0.68	0.35	0.15	-0.13	0.42
Common Stock Shares Outstanding	0.76	-0.11	0.04	0.6	0.75	0.62	-0.19	0.51	0.43	0.38	0.66	-0.02	0.37	0.66		-0.3	0.78	0.43	-0.04	0.34	0.79	0.99	0.16	-0.46	0.29	0.11
Non Current Liabilities Total	0.29	0.54	-0.17	-0.04	0.11	0.23	0.46	0.05	0.18	0.12	0.27	-0.34	0.07	0.18	-0.3		0.14	0.43	-0.12	0.54	0.23	-0.33	0.2	0.4	-0.05	0.41
Inventory	0.87	0.16	0.05	0.64	0.76	0.67	0.02	0.55	0.55	0.53	0.7	-0.2	0.53	0.77	0.78	0.14		0.42	-0.27	0.62	0.96	0.77	0.1	-0.22	0.34	0.13
Other Current Assets	0.68	0.43	-0.39	0.46	0.54	0.47	0.41	0.4	0.21	-0.09	0.58	-0.36	-0.08	0.53	0.43	0.43	0.42		-0.16	0.63	0.61	0.39	0.78	0.12	-0.05	0.76
Other Stockholder Equity	-0.25	-0.07	-0.31	-0.19	-0.19	-0.2	-0.05	-0.15	-0.24	-0.05	-0.21	0.01	-0.05	-0.25	-0.04	-0.12	-0.27	-0.16		-0.23	-0.26	-0.04	-0.09	-0.08	-0.06	-0.06
Total Liab	0.57	0.83	-0.07	0.82	0.24	0.33	0.72	-0.01	0.13	0.1	0.41	-0.33	0.03	0.83	0.34	0.54	0.62	0.63	-0.23		0.7	0.33	0.38	0.49	-0.21	0.58
Total Current Assets	0.94	0.23	-0.05	0.67	0.81	0.7	0.1	0.55	0.56	0.46	0.75	-0.23	0.46	0.84	0.79	0.23	0.96	0.61	-0.26	0.7		0.78	0.31	-0.19	0.3	0.28
Common Stock	0.73	-0.11	0.05	0.61	0.72	0.59	-0.19	0.48	0.42	0.37	0.62	-0.02	0.36	0.68	0.99	-0.33	0.77	0.39	-0.04	0.33	0.78		0.14	-0.46	0.28	0.09
Current Deferred Revenue	0.33	0.32	-0.41	0.35	0.23	0.02	0.39	0.21	0.06	-0.44	0.12	-0.57	-0.4	0.35	0.16	0.2	0.1	0.78	-0.09	0.38	0.31	0.14		0.18	-0.3	0.69
Short Term Debt	-0.33	0.87	0.16	0.33	-0.6	-0.57	0.92	-0.67	-0.61	-0.58	-0.49	-0.04	-0.63	0.15	-0.46	0.4	-0.22	0.12	-0.08	0.49	-0.19	-0.46	0.18		-0.77	0.49
Intangible Assets	0.42	-0.58	-0.19	-0.25	0.59	0.73	-0.71	0.65	0.65	0.77	0.63	0.08	0.83	-0.13	0.29	-0.05	0.34	-0.05	-0.06	-0.21	0.3	0.28	-0.3	-0.77		-0.56
Other Assets	0.31	0.64	-0.34	0.43	0.12	-0.02	0.69	0.07	-0.19	-0.47	0.14	-0.3	-0.48	0.42	0.11	0.41	0.13	0.76	-0.06	0.58	0.28	0.09	0.69	0.49	-0.56

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Linc Account Relationship Matchups

Linc fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.5B	2.0B	2.0B	2.4B	3.1B	2.0B
Short Long Term Debt Total	474.0M	92.1M	34.6M	9.7M	259.3M	257.5M
Other Current Liab	100.2M	93.4M	81.6M	100.4M	128.4M	120.1M
Total Current Liabilities	810.2M	590.2M	531.7M	544.7M	784.5M	686.7M
Total Stockholder Equity	1.4B	1.3B	1.4B	1.8B	2.0B	1.1B
Property Plant And Equipment Net	785.5M	709.8M	811.2M	889.9M	1.3B	1.3B
Net Debt	472.7M	90.7M	33.7M	(66.3M)	113.7M	108.0M
Retained Earnings	148.5M	125.8M	152.3M	196.0M	152.7M	81.6M
Accounts Payable	419.0M	384.8M	402.4M	393.6M	581.1M	335.6M
Cash	1.3M	1.4M	917K	76.0M	145.6M	152.9M
Non Current Assets Total	954.5M	869.3M	876.4M	979.1M	1.4B	1.4B
Non Currrent Assets Other	(787.0M)	1K	30.6M	50.0M	27.9M	29.3M
Cash And Short Term Investments	2.6M	1.4M	2.1M	127.8M	153.9M	161.6M
Net Receivables	499.9M	386.6M	341.3M	386.4M	528.8M	442.2M
Liabilities And Stockholders Equity	2.5B	2.0B	2.0B	2.4B	3.1B	2.0B
Non Current Liabilities Total	273.6M	67.3M	55.9M	57.6M	253.2M	138.2M
Inventory	831.3M	626.1M	646.1M	789.5M	960.8M	759.7M
Other Current Assets	230.8M	148.8M	148.7M	96.4M	105.0M	104.9M
Total Liab	1.1B	657.5M	587.6M	602.3M	1.0B	876.7M
Total Current Assets	1.5B	1.1B	1.1B	1.4B	1.7B	1.3B
Current Deferred Revenue	135.0M	78.8M	54.3M	56.0M	428K	406.6K
Short Term Debt	276.5M	88.1M	33.3M	(36.5M)	75.0M	71.2M
Intangible Assets	1.5M	755K	10.2M	13.9M	10.8M	11.4M
Other Assets	167.5M	158.7M	54.9M	50.0M	45.0M	42.7M
Long Term Debt Total	197.5M	4.0M	1.3M	2.6M	2.3M	2.2M
Property Plant Equipment	785.5M	709.8M	811.2M	889.9M	1.0B	774.3M
Other Liab	76.1M	63.3M	54.6M	55.0M	49.5M	53.7M
Net Tangible Assets	1.4B	1.3B	1.4B	1.8B	2.0B	1.5B
Short Term Investments	1.3M	1.3M	1.2M	51.9M	46K	43.7K
Net Invested Capital	1.8B	1.4B	1.5B	1.8B	2.1B	1.9B
Short Long Term Debt	269.5M	81.2M	29.9M	0.0	69.2M	114.0M
Net Working Capital	688.9M	545.1M	608.1M	850.8M	955.8M	778.6M

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Linc Change To Netincome vs Investments Analysis

Change To Netincome vs Investments

Change To Netincome vs Investments Correlation Analysis

Correlation Coefficient

Change To Netincome

Investments

Linc fundamental ratios Correlations

Linc Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Linc fundamental ratios Accounts

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Additional Tools for Linc Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Common Stock	+ 0.99	Common Stock Shares Outstanding
Cash And Short Term Investments	+ 0.98	Cash
Net Debt	+ 0.97	Short Long Term Debt Total
Total Current Assets	+ 0.96	Inventory
Total Stockholder Equity	+ 0.94	Total Assets

Intangible Assets	- 0.77	Short Term Debt
Intangible Assets	- 0.71	Net Debt
Short Term Debt	- 0.67	Retained Earnings
Short Term Debt	- 0.63	Cash And Short Term Investments
Short Term Debt	- 0.61	Accounts Payable
Short Term Debt	- 0.6	Total Stockholder Equity