Lotus Other Current Assets vs Other Current Liab Analysis

LOTUSEYE   59.05  2.03  3.32%   
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 Other Current Assets and its Other Current Liab 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.

Other Current Assets vs Other Current Liab

Other Current Assets vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lotus Eye Hospital Other Current Assets account and Other Current Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Lotus Eye's Other Current Assets and Other Current Liab is 0.9. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Other Current Liab 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 Other Current Assets and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Lotus Eye Hospital are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Other Current Assets i.e., Lotus Eye's Other Current Assets and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Other Current Liab

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 13.3 M in 2025, whereas Selling General Administrative is likely to drop slightly above 12.7 M in 2025.
 2022 2023 2024 2025 (projected)
Interest Expense976K2.0M1.8M1.5M
Depreciation And Amortization29.8M37.3M42.9M33.6M

Lotus Eye fundamental ratios Correlations

0.130.43-0.84-0.740.26-0.42-0.150.250.360.120.360.410.48-0.880.04-0.66-0.15-0.30.02-0.27-0.640.190.310.0-0.4
0.130.60.190.170.98-0.030.00.180.8-0.230.490.40.440.29-0.40.220.79-0.55-0.180.050.010.80.87-0.52-0.39
0.430.6-0.23-0.370.65-0.32-0.10.340.480.060.490.740.23-0.18-0.34-0.240.48-0.59-0.1-0.23-0.120.620.75-0.25-0.38
-0.840.19-0.230.850.030.420.25-0.290.04-0.24-0.3-0.2-0.110.9-0.350.80.250.07-0.170.210.470.01-0.06-0.210.38
-0.740.17-0.370.85-0.010.490.32-0.380.04-0.27-0.19-0.15-0.120.74-0.190.980.230.250.150.250.340.05-0.15-0.180.15
0.260.980.650.03-0.01-0.07-0.070.260.78-0.180.540.40.470.17-0.360.030.78-0.55-0.220.03-0.040.790.9-0.51-0.42
-0.42-0.03-0.320.420.49-0.070.4-0.420.020.03-0.4-0.140.260.40.040.49-0.060.64-0.370.720.3-0.15-0.3-0.410.44
-0.150.0-0.10.250.32-0.070.4-0.970.370.42-0.7-0.240.260.120.210.26-0.37-0.06-0.20.510.420.06-0.1-0.230.25
0.250.180.34-0.29-0.380.26-0.42-0.97-0.2-0.390.790.42-0.17-0.14-0.29-0.290.49-0.070.15-0.51-0.420.10.280.14-0.33
0.360.80.480.040.040.780.020.37-0.2-0.150.060.350.750.04-0.130.070.27-0.63-0.360.22-0.160.660.67-0.49-0.18
0.12-0.230.06-0.24-0.27-0.180.030.42-0.39-0.15-0.34-0.22-0.18-0.3-0.05-0.31-0.220.070.040.220.59-0.03-0.140.00.26
0.360.490.49-0.3-0.190.54-0.4-0.70.790.06-0.340.53-0.06-0.19-0.31-0.080.72-0.140.39-0.53-0.410.360.540.03-0.74
0.410.40.74-0.2-0.150.4-0.14-0.240.420.35-0.220.530.19-0.25-0.220.070.29-0.210.19-0.2-0.410.320.34-0.05-0.36
0.480.440.23-0.11-0.120.470.260.26-0.170.75-0.18-0.060.19-0.17-0.03-0.1-0.04-0.27-0.640.27-0.460.370.43-0.540.11
-0.880.29-0.180.90.740.170.40.12-0.140.04-0.3-0.19-0.25-0.17-0.250.680.430.02-0.250.310.540.170.07-0.310.32
0.04-0.4-0.34-0.35-0.19-0.360.040.21-0.29-0.13-0.05-0.31-0.22-0.03-0.25-0.23-0.50.180.150.17-0.11-0.42-0.370.49-0.06
-0.660.22-0.240.80.980.030.490.26-0.290.07-0.31-0.080.07-0.10.68-0.230.270.250.20.210.250.08-0.12-0.170.08
-0.150.790.480.250.230.78-0.06-0.370.490.27-0.220.720.29-0.040.43-0.50.27-0.240.07-0.140.170.610.7-0.34-0.44
-0.3-0.55-0.590.070.25-0.550.64-0.06-0.07-0.630.07-0.14-0.21-0.270.020.180.25-0.240.190.240.1-0.68-0.730.210.21
0.02-0.18-0.1-0.170.15-0.22-0.37-0.20.15-0.360.040.390.19-0.64-0.250.150.20.070.19-0.43-0.02-0.23-0.240.64-0.59
-0.270.05-0.230.210.250.030.720.51-0.510.220.22-0.53-0.20.270.310.170.21-0.140.24-0.430.390.13-0.13-0.430.48
-0.640.01-0.120.470.34-0.040.30.42-0.42-0.160.59-0.41-0.41-0.460.54-0.110.250.170.1-0.020.390.04-0.1-0.110.33
0.190.80.620.010.050.79-0.150.060.10.66-0.030.360.320.370.17-0.420.080.61-0.68-0.230.130.040.86-0.69-0.25
0.310.870.75-0.06-0.150.9-0.3-0.10.280.67-0.140.540.340.430.07-0.37-0.120.7-0.73-0.24-0.13-0.10.86-0.48-0.45
0.0-0.52-0.25-0.21-0.18-0.51-0.41-0.230.14-0.490.00.03-0.05-0.54-0.310.49-0.17-0.340.210.64-0.43-0.11-0.69-0.48-0.24
-0.4-0.39-0.380.380.15-0.420.440.25-0.33-0.180.26-0.74-0.360.110.32-0.060.08-0.440.21-0.590.480.33-0.25-0.45-0.24
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Lotus Eye Account Relationship Matchups

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