| LOTUSEYE | | | 73.83 3.51 4.99% |
Lotus Eye financial indicator trend analysis is infinitely more than just investigating Lotus Eye Hospital recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lotus Eye Hospital is a good investment. Please check the relationship between Lotus Eye Long Term Debt and its Total Assets accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lotus Eye Hospital. 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.
Long Term Debt vs Total Assets
Long Term Debt vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lotus Eye Hospital Long Term Debt account and
Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Lotus Eye's Long Term Debt and Total Assets is -0.35. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Assets in the same time period over historical financial statements of Lotus Eye Hospital, assuming nothing else is changed. The correlation between historical values of Lotus Eye's Long Term Debt and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Lotus Eye Hospital are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Long Term Debt i.e., Lotus Eye's Long Term Debt and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.35 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Long Term Debt
Long-term debt is a debt that Lotus Eye Hospital has held for over one year. Long-term debt appears on Lotus Eye Hospital balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Lotus Eye Hospital balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Total Assets
Total assets refers to the total amount of Lotus Eye assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Lotus Eye Hospital books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Lotus Eye's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lotus Eye Hospital 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 Lotus Eye Hospital. 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.
Tax Provision is likely to rise to about 11.5
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 12.7
M in 2024.
Lotus Eye fundamental ratios Correlations
Click cells to compare fundamentals
Lotus Eye Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lotus Eye fundamental ratios Accounts
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predict the probability of Lotus Eye's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lotus Eye's price. Additionally, you may evaluate how the addition of Lotus Eye to your portfolios can decrease your overall portfolio volatility.