LENSAR Free Cash Flow vs Change To Liabilities Analysis

LNSR Stock

USD 7.57 0.14 1.82%

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

Free Cash Flow vs Change To Liabilities

Free Cash Flow vs Change To Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LENSAR Inc Free Cash Flow account and Change To Liabilities. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between LENSAR's Free Cash Flow and Change To Liabilities is 0.48. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Change To Liabilities in the same time period over historical financial statements of LENSAR Inc, assuming nothing else is changed. The correlation between historical values of LENSAR's Free Cash Flow 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 Free Cash Flow of LENSAR Inc 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 Free Cash Flow i.e., LENSAR's Free Cash Flow and Change To Liabilities go up and down completely randomly.

Correlation Coefficient

0.48

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Change To Liabilities

Most indicators from LENSAR's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LENSAR Inc 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 LENSAR Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

As of 12/11/2024, Selling General Administrative is likely to drop to about 26.2 M. In addition to that, Issuance Of Capital Stock is likely to drop to about 9.1 M

	2021	2022	2023	2024 (projected)
Gross Profit	17.8M	20.0M	21.1M	19.0M
Total Revenue	34.5M	35.4M	42.2M	37.2M

Gross Profit Total Revenue

LENSAR fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Inventory	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total
Other Current Liab		0.81	-0.84	0.95	-0.86	0.8	0.3	0.34	0.82	0.91	0.65	0.96	0.93	-0.94	0.94	0.9	0.74	-0.91	0.84	0.92	0.55	-0.46	0.87	0.96	-0.29	-0.94
Total Current Liabilities	0.81		-0.75	0.74	-0.95	0.96	-0.2	0.66	0.85	0.69	0.34	0.92	0.71	-0.84	0.76	0.91	0.72	-0.66	0.51	0.91	0.21	-0.6	0.55	0.82	-0.34	-0.8
Other Liab	-0.84	-0.75		-0.93	0.89	-0.78	-0.34	-0.42	-0.85	-0.95	-0.18	-0.87	-0.93	0.95	-0.96	-0.87	-0.63	0.94	-0.89	-0.91	-0.66	0.42	-0.9	-0.94	0.45	0.96
Net Tangible Assets	0.95	0.74	-0.93		-0.86	0.77	0.42	0.33	0.82	0.97	0.49	0.91	0.98	-0.98	1.0	0.86	0.65	-0.99	0.95	0.93	0.71	-0.47	0.95	0.96	-0.45	-0.99
Retained Earnings	-0.86	-0.95	0.89	-0.86		-0.91	0.06	-0.61	-0.87	-0.82	-0.3	-0.92	-0.85	0.94	-0.87	-0.96	-0.76	0.81	-0.7	-0.98	-0.35	0.69	-0.73	-0.89	0.54	0.9
Accounts Payable	0.8	0.96	-0.78	0.77	-0.91		-0.08	0.73	0.81	0.7	0.36	0.91	0.71	-0.86	0.79	0.86	0.53	-0.7	0.55	0.88	0.41	-0.42	0.57	0.85	-0.35	-0.85
Other Assets	0.3	-0.2	-0.34	0.42	0.06	-0.08		-0.52	0.21	0.51	0.17	0.17	0.46	-0.27	0.43	-0.03	-0.04	-0.52	0.65	0.08	0.8	0.32	0.61	0.33	0.18	-0.35
Net Receivables	0.34	0.66	-0.42	0.33	-0.61	0.73	-0.52		0.25	0.18	0.17	0.47	0.2	-0.46	0.34	0.56	0.11	-0.23	0.06	0.53	0.07	-0.25	0.07	0.42	-0.53	-0.46
Inventory	0.82	0.85	-0.85	0.82	-0.87	0.81	0.21	0.25		0.87	0.16	0.9	0.86	-0.86	0.85	0.82	0.77	-0.81	0.73	0.86	0.42	-0.53	0.76	0.87	-0.16	-0.84
Total Current Assets	0.91	0.69	-0.95	0.97	-0.82	0.7	0.51	0.18	0.87		0.34	0.88	0.99	-0.95	0.98	0.82	0.69	-0.99	0.97	0.88	0.71	-0.43	0.98	0.94	-0.32	-0.95
Common Stock	0.65	0.34	-0.18	0.49	-0.3	0.36	0.17	0.17	0.16	0.34		0.49	0.41	-0.43	0.43	0.41	0.3	-0.41	0.38	0.41	0.28	-0.16	0.39	0.44	-0.14	-0.43
Property Plant Equipment	0.96	0.92	-0.87	0.91	-0.92	0.91	0.17	0.47	0.9	0.88	0.49		0.89	-0.94	0.92	0.94	0.75	-0.87	0.76	0.94	0.48	-0.45	0.79	0.97	-0.24	-0.93
Total Assets	0.93	0.71	-0.93	0.98	-0.85	0.71	0.46	0.2	0.86	0.99	0.41	0.89		-0.96	0.98	0.84	0.72	-0.99	0.96	0.91	0.67	-0.51	0.98	0.94	-0.39	-0.96
Short Long Term Debt Total	-0.94	-0.84	0.95	-0.98	0.94	-0.86	-0.27	-0.46	-0.86	-0.95	-0.43	-0.94	-0.96		-0.98	-0.92	-0.69	0.96	-0.89	-0.98	-0.62	0.54	-0.9	-0.96	0.5	0.99
Total Stockholder Equity	0.94	0.76	-0.96	1.0	-0.87	0.79	0.43	0.34	0.85	0.98	0.43	0.92	0.98	-0.98		0.87	0.65	-0.99	0.94	0.93	0.72	-0.44	0.95	0.97	-0.41	-0.99
Property Plant And Equipment Net	0.9	0.91	-0.87	0.86	-0.96	0.86	-0.03	0.56	0.82	0.82	0.41	0.94	0.84	-0.92	0.87		0.84	-0.81	0.7	0.96	0.3	-0.59	0.74	0.92	-0.41	-0.88
Current Deferred Revenue	0.74	0.72	-0.63	0.65	-0.76	0.53	-0.04	0.11	0.77	0.69	0.3	0.75	0.72	-0.69	0.65	0.84		-0.63	0.57	0.76	-0.02	-0.7	0.62	0.69	-0.18	-0.61
Net Debt	-0.91	-0.66	0.94	-0.99	0.81	-0.7	-0.52	-0.23	-0.81	-0.99	-0.41	-0.87	-0.99	0.96	-0.99	-0.81	-0.63		-0.98	-0.89	-0.75	0.42	-0.99	-0.94	0.42	0.97
Cash	0.84	0.51	-0.89	0.95	-0.7	0.55	0.65	0.06	0.73	0.97	0.38	0.76	0.96	-0.89	0.94	0.7	0.57	-0.98		0.8	0.8	-0.37	1.0	0.86	-0.39	-0.9
Non Current Assets Total	0.92	0.91	-0.91	0.93	-0.98	0.88	0.08	0.53	0.86	0.88	0.41	0.94	0.91	-0.98	0.93	0.96	0.76	-0.89	0.8		0.46	-0.66	0.82	0.93	-0.55	-0.95
Non Currrent Assets Other	0.55	0.21	-0.66	0.71	-0.35	0.41	0.8	0.07	0.42	0.71	0.28	0.48	0.67	-0.62	0.72	0.3	-0.02	-0.75	0.8	0.46		0.12	0.76	0.63	-0.23	-0.7
Long Term Debt	-0.46	-0.6	0.42	-0.47	0.69	-0.42	0.32	-0.25	-0.53	-0.43	-0.16	-0.45	-0.51	0.54	-0.44	-0.59	-0.7	0.42	-0.37	-0.66	0.12		-0.4	-0.36	0.67	0.44
Cash And Short Term Investments	0.87	0.55	-0.9	0.95	-0.73	0.57	0.61	0.07	0.76	0.98	0.39	0.79	0.98	-0.9	0.95	0.74	0.62	-0.99	1.0	0.82	0.76	-0.4		0.88	-0.38	-0.91
Common Stock Total Equity	0.96	0.82	-0.94	0.96	-0.89	0.85	0.33	0.42	0.87	0.94	0.44	0.97	0.94	-0.96	0.97	0.92	0.69	-0.94	0.86	0.93	0.63	-0.36	0.88		-0.28	-0.97
Common Stock Shares Outstanding	-0.29	-0.34	0.45	-0.45	0.54	-0.35	0.18	-0.53	-0.16	-0.32	-0.14	-0.24	-0.39	0.5	-0.41	-0.41	-0.18	0.42	-0.39	-0.55	-0.23	0.67	-0.38	-0.28		0.46
Non Current Liabilities Total	-0.94	-0.8	0.96	-0.99	0.9	-0.85	-0.35	-0.46	-0.84	-0.95	-0.43	-0.93	-0.96	0.99	-0.99	-0.88	-0.61	0.97	-0.9	-0.95	-0.7	0.44	-0.91	-0.97	0.46

Click cells to compare fundamentals

LENSAR Account Relationship Matchups

LENSAR fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	697K	4.6M	4.1M	4.2M	5.2M	3.8M
Total Current Liabilities	7.8M	8.5M	8.7M	11.4M	11.6M	10.2M
Other Liab	310K	129K	69K	167K	150.3K	184.6K
Net Tangible Assets	(43.9M)	55.1M	44.0M	29.9M	34.3M	36.1M
Retained Earnings	(38.2M)	(58.0M)	(77.6M)	(97.5M)	(111.9M)	(106.3M)
Accounts Payable	1.6M	2.5M	2.7M	5.4M	4.0M	3.2M
Other Assets	983K	7.8M	3.3M	497K	1.0	0.95
Net Receivables	3.9M	2.5M	5.0M	6.2M	4.3M	4.7M
Inventory	8.1M	13.5M	6.5M	11.7M	15.7M	10.9M
Total Current Assets	17.2M	58.4M	44.8M	33.7M	46.4M	38.9M
Common Stock	11K	109K	110K	111K	113K	100.8K
Property Plant Equipment	3.0M	8.1M	7.4M	9.5M	10.9M	7.0M

Pair Trading with LENSAR

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 LENSAR 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 LENSAR will appreciate offsetting losses from the drop in the long position's value.

Moving together with LENSAR Stock

0.83	GH	Guardant Health	Pair Corr
0.85	LH	Laboratory	Pair Corr

Moving against LENSAR Stock

0.79	VERO	Venus Concept	Pair Corr
0.73	DRIO	DarioHealth Corp	Pair Corr
0.73	EDAP	EDAP TMS SA	Pair Corr
0.54	CI	Cigna Corp	Pair Corr

The ability to find closely correlated positions to LENSAR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LENSAR 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 LENSAR - 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 LENSAR Inc to buy it.

The correlation of LENSAR 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 LENSAR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LENSAR Inc 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 LENSAR 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 Correlation Correlation Matching

Additional Tools for LENSAR Stock Analysis

When running LENSAR's price analysis, check to measure LENSAR'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 LENSAR is operating at the current time. Most of LENSAR's value examination focuses on studying past and present price action to predict the probability of LENSAR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LENSAR's price. Additionally, you may evaluate how the addition of LENSAR to your portfolios can decrease your overall portfolio volatility.

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