Lords Net Tangible Assets vs Property Plant And Equipment Net Analysis

LORD Stock   34.50  0.50  1.43%   
Lords Grp financial indicator trend analysis is infinitely more than just investigating Lords Grp Trading recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lords Grp Trading is a good investment. Please check the relationship between Lords Grp Net Tangible Assets and its Property Plant And Equipment Net accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lords Grp Trading. 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.

Net Tangible Assets vs Property Plant And Equipment Net

Net Tangible Assets vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lords Grp Trading Net Tangible Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between Lords Grp's Net Tangible Assets and Property Plant And Equipment Net is 0.61. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Lords Grp Trading, assuming nothing else is changed. The correlation between historical values of Lords Grp's Net Tangible Assets and Property Plant And Equipment Net 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 Tangible Assets of Lords Grp Trading are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Net Tangible Assets i.e., Lords Grp's Net Tangible Assets and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Lords Grp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lords Grp Trading 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 Lords Grp Trading. 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.
Tax Provision is likely to gain to about 1.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 42.3 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense2.7M3.4M6.1M3.3M
Depreciation And Amortization9.4M12.3M13.8M9.0M

Lords Grp fundamental ratios Correlations

0.90.160.990.890.950.660.98-0.750.830.540.970.950.990.80.830.950.980.950.74-0.890.960.990.96-0.710.89
0.90.230.90.60.840.390.95-0.620.990.490.840.860.940.690.790.860.840.910.72-0.680.980.910.81-0.350.63
0.160.230.060.140.230.180.2-0.610.160.79-0.080.410.260.120.130.41-0.010.420.36-0.320.280.2-0.09-0.110.04
0.990.90.060.850.920.620.97-0.680.850.480.990.90.970.840.810.90.990.910.72-0.850.940.970.98-0.660.86
0.890.60.140.850.870.780.8-0.760.480.510.870.880.830.70.710.880.90.820.64-0.920.750.860.86-0.960.97
0.950.840.230.920.870.620.93-0.830.760.540.90.920.940.730.920.920.920.920.9-0.90.910.940.88-0.730.92
0.660.390.180.620.780.620.61-0.790.270.690.640.710.60.80.30.710.690.560.35-0.890.510.690.64-0.780.74
0.980.950.20.970.80.930.61-0.740.90.540.930.950.990.760.830.950.950.950.74-0.850.990.990.9-0.610.82
-0.75-0.62-0.61-0.68-0.76-0.83-0.79-0.74-0.5-0.88-0.62-0.88-0.77-0.7-0.62-0.88-0.67-0.8-0.760.92-0.72-0.79-0.60.7-0.75
0.830.990.160.850.480.760.270.9-0.50.380.780.760.880.630.750.760.770.830.67-0.560.930.840.76-0.210.52
0.540.490.790.480.510.540.690.54-0.880.380.370.710.580.670.270.710.440.650.5-0.750.550.570.38-0.440.42
0.970.84-0.080.990.870.90.640.93-0.620.780.370.860.930.810.790.861.00.850.66-0.840.890.950.99-0.710.89
0.950.860.410.90.880.920.710.95-0.880.760.710.860.970.740.771.00.890.980.74-0.920.940.970.83-0.730.85
0.990.940.260.970.830.940.60.99-0.770.880.580.930.970.760.840.970.940.980.77-0.860.990.990.91-0.640.83
0.80.690.120.840.70.730.80.76-0.70.630.670.810.740.760.450.740.820.680.54-0.850.70.80.84-0.540.68
0.830.790.130.810.710.920.30.83-0.620.750.270.790.770.840.450.770.790.830.91-0.670.840.820.76-0.570.81
0.950.860.410.90.880.920.710.95-0.880.760.710.861.00.970.740.770.890.980.74-0.920.940.970.83-0.730.85
0.980.84-0.010.990.90.920.690.95-0.670.770.441.00.890.940.820.790.890.880.68-0.870.90.970.99-0.740.91
0.950.910.420.910.820.920.560.95-0.80.830.650.850.980.980.680.830.980.880.78-0.840.970.950.82-0.640.8
0.740.720.360.720.640.90.350.74-0.760.670.50.660.740.770.540.910.740.680.78-0.720.760.740.65-0.510.73
-0.89-0.68-0.32-0.85-0.92-0.9-0.89-0.850.92-0.56-0.75-0.84-0.92-0.86-0.85-0.67-0.92-0.87-0.84-0.72-0.79-0.9-0.830.84-0.91
0.960.980.280.940.750.910.510.99-0.720.930.550.890.940.990.70.840.940.90.970.76-0.790.970.85-0.530.76
0.990.910.20.970.860.940.690.99-0.790.840.570.950.970.990.80.820.970.970.950.74-0.90.970.92-0.690.87
0.960.81-0.090.980.860.880.640.9-0.60.760.380.990.830.910.840.760.830.990.820.65-0.830.850.92-0.70.88
-0.71-0.35-0.11-0.66-0.96-0.73-0.78-0.610.7-0.21-0.44-0.71-0.73-0.64-0.54-0.57-0.73-0.74-0.64-0.510.84-0.53-0.69-0.7-0.92
0.890.630.040.860.970.920.740.82-0.750.520.420.890.850.830.680.810.850.910.80.73-0.910.760.870.88-0.92
Click cells to compare fundamentals

Lords Grp Account Relationship Matchups

Lords Grp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets149.4M147.1M172.3M239.9M264.5M192.1M
Short Long Term Debt Total70.2M27.6M41.5M78.0M99.5M63.7M
Other Current Liab(1.4M)(2.4M)10.8M22.5M16.3M10.6M
Total Current Liabilities85.4M70.9M80.4M112.6M116.2M91.7M
Total Stockholder Equity11.2M45.9M46.4M50.9M49.5M40.0M
Other Liab4.1M5.9M7.5M13.0M15.0M15.7M
Net Tangible Assets(5.6M)(539.9K)23.7M5.5M6.4M4.0M
Property Plant And Equipment Net40.9M31.5M41.3M52.6M67.6M47.2M
Net Debt66.8M22.9M30.1M61.9M79.7M53.1M
Retained Earnings1.2M(6.4M)27.2M31.2M19.4M15.1M
Accounts Payable58.9M59.2M58.0M72.5M82.6M63.0M
Cash3.4M4.8M11.4M16.0M19.8M10.6M
Non Current Assets Total61.2M49.8M64.4M98.3M114.2M77.3M
Non Currrent Assets Other269K82K388K364K200K250.1K
Long Term Debt11.0M18.5M2.1M25.1M38.2M40.2M
Cash And Short Term Investments3.4M4.8M11.4M16.0M19.8M10.6M
Net Receivables44.5M47.0M50.9M60.7M68.1M52.5M
Liabilities And Stockholders Equity149.4M147.1M172.3M239.9M264.5M192.1M
Non Current Liabilities Total49.6M30.3M41.2M75.1M97.0M58.1M
Capital Lease Obligations30.7M27.6M36.6M42.5M51.8M38.3M
Inventory40.7M40.0M38.8M53.2M49.3M41.7M
Other Current Assets44.2M5.7M6.8M11.7M13.1M15.2M
Total Liab135M101.2M121.6M187.7M213.3M149.8M
Net Invested Capital44.6M48.5M51.3M86.3M97.3M64.7M
Short Long Term Debt21.8M20.7M2.8M10.3M9.5M9.5M
Total Current Assets88.3M97.4M107.9M141.6M150.3M114.8M
Net Working Capital2.8M26.5M27.6M29.0M34.0M23.1M
Short Term Debt26.1M24.9M7.9M15.8M17.3M13.4M
Intangible Assets14.8M13.0M15.2M29.0M27.8M19.6M
Property Plant Equipment7.3M6.1M41.3M52.6M60.5M63.5M

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