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 Other Non Cash Items and its Depreciation 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.
Other Non Cash Items vs Depreciation
Other Non Cash Items vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Litigation Capital Other Non Cash Items account and
Depreciation. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Litigation Capital's Other Non Cash Items and Depreciation is -0.36. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Depreciation 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 Other Non Cash Items and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of Litigation Capital Management are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Other Non Cash Items i.e., Litigation Capital's Other Non Cash Items and Depreciation go up and down completely randomly.
Correlation Coefficient | -0.36 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Non Cash Items
Depreciation
Depreciation indicates how much of Litigation Capital value has been used up. For tax purposes Litigation Capital can deduct the cost of the tangible assets it purchases as business expenses. However, Litigation Capital Management must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
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.
Litigation Capital fundamental ratios Correlations
Click cells to compare fundamentals
Litigation Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Litigation Capital fundamental ratios Accounts
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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.
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.