Lindsay Deferred Long Term Liab vs Good Will Analysis

LNN Stock  USD 132.77  1.15  0.87%   
Lindsay financial indicator trend analysis is infinitely more than just investigating Lindsay recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lindsay is a good investment. Please check the relationship between Lindsay Deferred Long Term Liab and its Good Will accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lindsay. 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.
To learn how to invest in Lindsay Stock, please use our How to Invest in Lindsay guide.

Deferred Long Term Liab vs Good Will

Deferred Long Term Liab vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lindsay Deferred Long Term Liab account and Good Will. At this time, the significance of the direction appears to have pay attention.
The correlation between Lindsay's Deferred Long Term Liab and Good Will is -0.77. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Good Will in the same time period over historical financial statements of Lindsay, assuming nothing else is changed. The correlation between historical values of Lindsay's Deferred Long Term Liab and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Lindsay are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Deferred Long Term Liab i.e., Lindsay's Deferred Long Term Liab and Good Will go up and down completely randomly.

Correlation Coefficient

-0.77
Relationship DirectionNegative 
Relationship StrengthWeak

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Lindsay's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lindsay 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 Lindsay. 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.
To learn how to invest in Lindsay Stock, please use our How to Invest in Lindsay guide.At this time, Lindsay's Tax Provision is very stable compared to the past year. As of the 30th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.11, while Selling General Administrative is likely to drop about 39.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit199.2M213.0M191.1M200.6M
Total Revenue770.7M674.1M607.1M349.2M

Lindsay fundamental ratios Correlations

0.670.570.930.930.960.980.790.950.750.840.89-0.80.680.90.84-0.630.870.790.980.110.050.650.78-0.240.93
0.670.640.660.50.620.670.420.720.620.490.56-0.70.680.580.46-0.70.760.30.610.090.270.680.460.020.55
0.570.640.70.650.470.490.560.430.380.60.69-0.290.080.390.4-0.120.340.190.630.63-0.390.820.33-0.320.37
0.930.660.70.870.890.860.640.820.770.710.91-0.650.530.90.86-0.470.790.630.940.270.020.820.6-0.120.8
0.930.50.650.870.860.90.880.790.590.910.93-0.60.380.770.8-0.340.630.790.970.38-0.290.60.76-0.40.85
0.960.620.470.890.860.940.650.940.720.720.82-0.760.710.920.89-0.630.880.830.920.00.20.540.78-0.070.89
0.980.670.490.860.90.940.80.970.740.840.82-0.870.740.870.79-0.720.880.80.950.010.10.550.81-0.270.95
0.790.420.560.640.880.650.80.670.390.990.69-0.590.310.490.55-0.340.480.640.820.36-0.470.410.71-0.560.8
0.950.720.430.820.790.940.970.670.710.720.74-0.90.850.850.74-0.810.950.750.87-0.140.280.540.75-0.190.91
0.750.620.380.770.590.720.740.390.710.450.67-0.710.660.870.62-0.640.790.510.73-0.130.360.60.480.20.68
0.840.490.60.710.910.720.840.990.720.450.73-0.640.370.560.62-0.390.550.650.860.34-0.40.460.71-0.470.83
0.890.560.690.910.930.820.820.690.740.670.73-0.560.370.820.75-0.310.640.690.930.38-0.160.750.59-0.280.76
-0.8-0.7-0.29-0.65-0.6-0.76-0.87-0.59-0.9-0.71-0.64-0.56-0.9-0.7-0.520.93-0.91-0.5-0.710.31-0.37-0.45-0.60.11-0.86
0.680.680.080.530.380.710.740.310.850.660.370.37-0.90.680.48-0.970.940.480.55-0.570.690.310.530.110.7
0.90.580.390.90.770.920.870.490.850.870.560.82-0.70.680.88-0.590.860.750.88-0.050.310.620.680.060.8
0.840.460.40.860.80.890.790.550.740.620.620.75-0.520.480.88-0.380.70.750.850.20.070.50.730.050.75
-0.63-0.7-0.12-0.47-0.34-0.63-0.72-0.34-0.81-0.64-0.39-0.310.93-0.97-0.59-0.38-0.89-0.39-0.50.53-0.61-0.31-0.51-0.02-0.68
0.870.760.340.790.630.880.880.480.950.790.550.64-0.910.940.860.7-0.890.60.78-0.30.510.560.630.030.83
0.790.30.190.630.790.830.80.640.750.510.650.69-0.50.480.750.75-0.390.60.77-0.020.040.180.8-0.220.73
0.980.610.630.940.970.920.950.820.870.730.860.93-0.710.550.880.85-0.50.780.770.25-0.090.680.75-0.260.9
0.110.090.630.270.380.00.010.36-0.14-0.130.340.380.31-0.57-0.050.20.53-0.3-0.020.25-0.810.360.01-0.310.01
0.050.27-0.390.02-0.290.20.1-0.470.280.36-0.4-0.16-0.370.690.310.07-0.610.510.04-0.09-0.81-0.05-0.010.550.06
0.650.680.820.820.60.540.550.410.540.60.460.75-0.450.310.620.5-0.310.560.180.680.36-0.050.3-0.170.44
0.780.460.330.60.760.780.810.710.750.480.710.59-0.60.530.680.73-0.510.630.80.750.01-0.010.3-0.290.7
-0.240.02-0.32-0.12-0.4-0.07-0.27-0.56-0.190.2-0.47-0.280.110.110.060.05-0.020.03-0.22-0.26-0.310.55-0.17-0.29-0.25
0.930.550.370.80.850.890.950.80.910.680.830.76-0.860.70.80.75-0.680.830.730.90.010.060.440.7-0.25
Click cells to compare fundamentals

Lindsay Account Relationship Matchups

Lindsay fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets570.5M637.2M710.7M745.7M760.2M798.2M
Short Long Term Debt Total141.7M134.0M135.4M136.1M134.4M74.3M
Other Current Liab53.5M48.2M59.1M57.8M54.8M33.1M
Total Current Liabilities102.4M138.2M160.9M136.1M125.8M132.1M
Total Stockholder Equity298.5M338.4M393.4M455.7M480.9M504.9M
Property Plant And Equipment Net107.0M110.3M113.7M116.7M128.5M134.9M
Retained Earnings499.7M528.1M579M636.3M687.1M721.4M
Cash121.4M127.1M105.0M160.8M190.9M200.4M
Non Current Assets Total222.6M221.1M233.6M258.2M267.0M280.4M
Non Currrent Assets Other14.1M14.4M25.2M19.7M14.5M15.3M
Cash And Short Term Investments140.9M146.7M116.5M166.3M190.9M200.4M
Net Receivables84.6M93.6M138.2M144.8M116.6M122.4M
Common Stock Shares Outstanding10.9M11.0M11.0M11.1M11.0M10.4M
Liabilities And Stockholders Equity570.5M637.2M710.7M745.7M760.2M798.2M
Non Current Liabilities Total169.6M160.5M156.4M153.9M153.5M161.2M
Inventory104.8M145.2M193.8M155.9M154.5M162.2M
Other Current Assets17.6M30.5M28.6M20.5M31.3M32.8M
Other Stockholder Equity(199.6M)(190.7M)(183.2M)(178.7M)(195.3M)(185.6M)
Total Liab272.0M298.7M317.3M290.0M279.3M293.3M
Property Plant And Equipment Gross107.0M110.3M113.7M274.8M296.3M311.1M
Total Current Assets347.9M416.1M477.1M487.5M493.2M517.9M
Accumulated Other Comprehensive Income(20.6M)(17.9M)(21.5M)(21.0M)(30.0M)(28.5M)
Short Term Debt195K4.2M3.4M3.3M3.9M3.4M
Net Debt20.3M6.9M30.3M(24.6M)(56.5M)(53.7M)
Accounts Payable29.6M45.2M60.0M44.3M37.4M23.5M
Common Stock Total Equity18.9M18.9M19.0M19.1M21.9M20.0M
Common Stock18.9M19.0M19.1M19.1M19.1M20.1M
Other Liab28.1M26.7M21.2M21.0M24.2M16.9M
Other Assets24.1M22.5M34.6M30.6M35.2M37.0M
Good Will68.0M68.0M67.1M83.1M84.2M42.9M
Intangible Assets23.5M20.4M18.2M27.7M25.4M25.4M
Property Plant Equipment79.6M110.3M94.5M116.7M134.2M140.9M
Current Deferred Revenue19.1M39.5M30.6M21.6M23.2M18.3M
Long Term Debt115.7M115.5M115.3M115.2M115.0M73.8M
Net Tangible Assets207.0M250.1M308.0M344.8M396.5M255.6M
Retained Earnings Total Equity474.7M499.7M528.1M579M665.9M470.3M
Capital Surpluse77.7M86.5M94.0M98.5M113.3M75.0M
Deferred Long Term Liab872K889K832K1.1M948.6K901.2K

Pair Trading with Lindsay

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Lindsay position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Lindsay will appreciate offsetting losses from the drop in the long position's value.

Moving together with Lindsay Stock

  0.62DE Deere CompanyPairCorr
  0.81ALG Alamo GroupPairCorr

Moving against Lindsay Stock

  0.69LEV Lion Electric CorpPairCorr
  0.55CEAD CEA IndustriesPairCorr
  0.54NKLA Nikola CorpPairCorr
  0.47HY Hyster Yale MaterialsPairCorr
The ability to find closely correlated positions to Lindsay could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lindsay when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Lindsay - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Lindsay to buy it.
The correlation of Lindsay is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lindsay moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lindsay moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Lindsay can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Lindsay offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lindsay's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lindsay Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lindsay Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lindsay. 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.
To learn how to invest in Lindsay Stock, please use our How to Invest in Lindsay guide.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Agricultural & Farm Machinery space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lindsay. If investors know Lindsay will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lindsay listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.33)
Dividend Share
1.41
Earnings Share
6.02
Revenue Per Share
55.309
Quarterly Revenue Growth
(0.07)
The market value of Lindsay is measured differently than its book value, which is the value of Lindsay that is recorded on the company's balance sheet. Investors also form their own opinion of Lindsay's value that differs from its market value or its book value, called intrinsic value, which is Lindsay's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lindsay's market value can be influenced by many factors that don't directly affect Lindsay's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lindsay's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lindsay is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lindsay's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.