| 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 Total Stockholder Equity and its Non Currrent Assets Other 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.
Total Stockholder Equity vs Non Currrent Assets Other
Total Stockholder Equity vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Linc Limited Total Stockholder Equity account and
Non Currrent Assets Other. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Linc's Total Stockholder Equity and Non Currrent Assets Other is -0.13. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Non Currrent Assets Other 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 Total Stockholder Equity and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Linc Limited are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Stockholder Equity i.e., Linc's Total Stockholder Equity and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | -0.13 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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.
Linc fundamental ratios Correlations
Click cells to compare fundamentals
Linc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Linc fundamental ratios Accounts
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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.