Litigation Net Borrowings vs Change To Liabilities Analysis

LIT Stock   117.25  1.50  1.30%   
Litigation Capital financial indicator trend analysis is infinitely more than just investigating Litigation Capital recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Litigation Capital is a good investment. Please check the relationship between Litigation Capital Net Borrowings and its Change To Liabilities accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Litigation Capital Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Net Borrowings vs Change To Liabilities

Net Borrowings vs Change To Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Litigation Capital Net Borrowings account and Change To Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Litigation Capital's Net Borrowings and Change To Liabilities is 0.8. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Change To Liabilities in the same time period over historical financial statements of Litigation Capital Management, assuming nothing else is changed. The correlation between historical values of Litigation Capital's Net Borrowings and Change To Liabilities 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 Borrowings of Litigation Capital Management are associated (or correlated) with its Change To Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Liabilities has no effect on the direction of Net Borrowings i.e., Litigation Capital's Net Borrowings and Change To Liabilities go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.

Change To Liabilities

Most indicators from Litigation Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Litigation Capital 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 Litigation Capital Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At present, Litigation Capital's Tax Provision is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Expense4.4M7.7M9.0M9.5M
Depreciation And Amortization284K166K145K101.0K

Litigation Capital fundamental ratios Correlations

0.69-0.360.860.90.60.61.00.840.830.610.760.990.360.710.770.840.17-0.721.00.620.990.91-0.670.750.96
0.69-0.580.420.780.570.980.690.230.83-0.110.060.660.090.60.660.20.56-0.50.680.510.670.76-0.520.60.56
-0.36-0.580.08-0.39-0.15-0.55-0.40.09-0.510.070.04-0.430.34-0.11-0.12-0.030.060.06-0.37-0.09-0.42-0.430.1-0.11-0.41
0.860.420.080.760.620.310.830.930.690.660.810.790.70.740.810.860.15-0.710.850.660.810.68-0.70.790.83
0.90.78-0.390.760.740.680.90.690.940.320.530.870.490.890.90.620.4-0.740.880.780.880.95-0.760.90.81
0.60.57-0.150.620.740.420.590.530.770.010.310.530.660.860.880.350.6-0.830.540.980.560.61-0.780.860.47
0.60.98-0.550.310.680.420.60.130.71-0.17-0.040.57-0.030.470.550.110.57-0.380.60.360.580.69-0.390.470.47
1.00.69-0.40.830.90.590.60.830.820.610.760.990.320.690.750.840.15-0.711.00.611.00.92-0.650.730.97
0.840.230.090.930.690.530.130.830.540.810.930.810.610.650.70.950.03-0.70.830.590.820.68-0.640.70.83
0.830.83-0.510.690.940.770.710.820.540.190.390.790.440.850.850.480.33-0.640.80.760.80.82-0.730.860.76
0.61-0.110.070.660.320.01-0.170.610.810.190.940.650.20.160.20.92-0.53-0.250.640.090.630.39-0.170.230.73
0.760.060.040.810.530.31-0.040.760.930.390.940.770.380.410.440.99-0.27-0.570.770.380.770.58-0.450.470.83
0.990.66-0.430.790.870.530.570.990.810.790.650.770.240.630.680.850.08-0.660.990.541.00.91-0.60.670.97
0.360.090.340.70.490.66-0.030.320.610.440.20.380.240.770.770.370.34-0.560.310.70.270.26-0.690.770.29
0.710.6-0.110.740.890.860.470.690.650.850.160.410.630.770.970.470.53-0.760.650.890.650.73-0.881.00.58
0.770.66-0.120.810.90.880.550.750.70.850.20.440.680.770.970.520.57-0.790.720.890.710.75-0.860.980.64
0.840.2-0.030.860.620.350.110.840.950.480.920.990.850.370.470.52-0.2-0.590.860.410.850.67-0.490.530.89
0.170.560.060.150.40.60.570.150.030.33-0.53-0.270.080.340.530.57-0.2-0.560.120.570.110.36-0.530.51-0.07
-0.72-0.50.06-0.71-0.74-0.83-0.38-0.71-0.7-0.64-0.25-0.57-0.66-0.56-0.76-0.79-0.59-0.56-0.68-0.84-0.68-0.750.87-0.79-0.62
1.00.68-0.370.850.880.540.61.00.830.80.640.770.990.310.650.720.860.12-0.680.560.990.91-0.620.70.97
0.620.51-0.090.660.780.980.360.610.590.760.090.380.540.70.890.890.410.57-0.840.560.570.66-0.780.890.49
0.990.67-0.420.810.880.560.581.00.820.80.630.771.00.270.650.710.850.11-0.680.990.570.92-0.620.70.97
0.910.76-0.430.680.950.610.690.920.680.820.390.580.910.260.730.750.670.36-0.750.910.660.92-0.660.750.83
-0.67-0.520.1-0.7-0.76-0.78-0.39-0.65-0.64-0.73-0.17-0.45-0.6-0.69-0.88-0.86-0.49-0.530.87-0.62-0.78-0.62-0.66-0.9-0.57
0.750.6-0.110.790.90.860.470.730.70.860.230.470.670.771.00.980.530.51-0.790.70.890.70.75-0.90.63
0.960.56-0.410.830.810.470.470.970.830.760.730.830.970.290.580.640.89-0.07-0.620.970.490.970.83-0.570.63
Click cells to compare fundamentals

Litigation Capital Account Relationship Matchups

Litigation Capital fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets110.8M199.6M407.1M548.9M591.8M621.4M
Other Current Liab496K37.8M278K(68.4M)587K616.4K
Total Current Liabilities13.5M26.1M13.6M15.9M31.3M32.8M
Total Stockholder Equity81.0M88.9M148.9M183.5M188.9M101.2M
Property Plant And Equipment Net204K186K182K211K157K165.2K
Net Debt(19.2M)63.6M161.6M208.5M8.9M8.4M
Retained Earnings11.2M20.0M81.3M112.8M120.5M126.5M
Accounts Payable13.0M11.7M12.6M7.0M29.8M31.3M
Cash31.8M49.7M50.0M104.5M68.1M46.5M
Non Current Assets Total540K577K828K567K43.5M45.7M
Non Currrent Assets Other(540K)(577K)(828K)(567K)39.1M41.0M
Cash And Short Term Investments31.8M49.7M346.9M495.9M533.3M560.0M
Net Receivables15.3M13.8M2.3M2.1M11.0M6.5M
Common Stock Shares Outstanding111.3M111.5M109.4M111.1M112.3M97.5M
Liabilities And Stockholders Equity110.8M263.3M407.1M548.9M591.8M621.4M
Non Current Liabilities Total16.3M37.2M69.4M69.0M371.6M390.2M
Other Current Assets16.1M17.3M24.3M11.9M4.0M3.8M
Other Stockholder Equity569K1.00.0(4.0M)(5.4M)(5.1M)
Total Liab29.8M110.7M258.1M365.4M402.9M423.0M
Property Plant And Equipment Gross175.1K216K204K186K213.9K147.0K
Total Current Assets63.2M80.9M373.6M509.9M548.3M575.7M
Accumulated Other Comprehensive Income1.0M(60K)(2.0M)1.0M4.2M4.4M
Intangible Assets336K391K646K356K305K289.8K
Other Liab16.3M47.5M93.5M280.5M322.6M338.7M
Net Tangible Assets80.7M88.5M93.4M183.1M210.6M221.1M
Other Assets47.1M118.2M32.6M38.4M44.1M41.9M
Net Invested Capital81.0M139.3M163.4M496.4M250.9M171.8M
Net Working Capital49.6M54.8M78.6M90.5M517.0M542.9M
Property Plant Equipment204K186K182K211K242.7K185.7K
Deferred Long Term Liab46.8M117.9M162.8M37.3M42.9M70.8M

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Other Information on Investing in Litigation Stock

Balance Sheet is a snapshot of the financial position of Litigation Capital at a specified time, usually calculated after every quarter, six months, or one year. Litigation Capital Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Litigation Capital and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Litigation currently owns. An asset can also be divided into two categories, current and non-current.