LINC Stock | | | 761.80 5.15 0.68% |
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 Depreciation And Amortization and its Selling General Administrative 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.
Depreciation And Amortization vs Selling General Administrative
Depreciation And Amortization vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Linc Limited Depreciation And Amortization account and
Selling General Administrative. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Linc's Depreciation And Amortization and Selling General Administrative is -0.03. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Selling General Administrative 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 Depreciation And Amortization and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Linc Limited are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Depreciation And Amortization i.e., Linc's Depreciation And Amortization and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | -0.03 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Selling General Administrative
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 |
Linc fundamental ratios Correlations
Click cells to compare fundamentals
Linc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Linc fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for Linc Stock Analysis
When running Linc's price analysis, check to
measure Linc'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 Linc is operating at the current time. Most of Linc's value examination focuses on studying past and present price action to
predict the probability of Linc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Linc's price. Additionally, you may evaluate how the addition of Linc to your portfolios can decrease your overall portfolio volatility.