LMAT Stock | | | USD 106.99 1.19 1.12% |
LeMaitre Vascular financial indicator trend analysis is infinitely more than just investigating LeMaitre Vascular recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LeMaitre Vascular is a good investment. Please check the relationship between LeMaitre Vascular Retained Earnings and its Total Current Liabilities accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LeMaitre Vascular. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy LeMaitre Stock please use our
How to Invest in LeMaitre Vascular guide.
Retained Earnings vs Total Current Liabilities
Retained Earnings vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
LeMaitre Vascular Retained Earnings account and
Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between LeMaitre Vascular's Retained Earnings and Total Current Liabilities is 0.96. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of LeMaitre Vascular, assuming nothing else is changed. The correlation between historical values of LeMaitre Vascular's Retained Earnings and Total Current 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 Retained Earnings of LeMaitre Vascular are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Retained Earnings i.e., LeMaitre Vascular's Retained Earnings and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Total Current Liabilities
Total Current Liabilities is an item on LeMaitre Vascular balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of LeMaitre Vascular are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from LeMaitre Vascular's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LeMaitre Vascular 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 LeMaitre Vascular. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy LeMaitre Stock please use our
How to Invest in LeMaitre Vascular guide.At this time, LeMaitre Vascular's
Sales General And Administrative To Revenue is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 26.92 in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 6.5
M in 2024.
LeMaitre Vascular fundamental ratios Correlations
Click cells to compare fundamentals
LeMaitre Vascular Account Relationship Matchups
High Positive Relationship
High Negative Relationship
LeMaitre Vascular fundamental ratios Accounts
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Additional Tools for LeMaitre Stock Analysis
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measure LeMaitre Vascular'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 LeMaitre Vascular is operating at the current time. Most of LeMaitre Vascular's value examination focuses on studying past and present price action to
predict the probability of LeMaitre Vascular's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LeMaitre Vascular's price. Additionally, you may evaluate how the addition of LeMaitre Vascular to your portfolios can decrease your overall portfolio volatility.