LakeShore Depreciation And Amortization vs Research Development Analysis

LSBPW Stock   0.04  0  3.90%   
LakeShore Biopharma financial indicator trend analysis is infinitely more than just investigating LakeShore Biopharma Co, recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LakeShore Biopharma Co, is a good investment. Please check the relationship between LakeShore Biopharma Depreciation And Amortization and its Research Development accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LakeShore Biopharma Co,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Depreciation And Amortization vs Research Development

Depreciation And Amortization vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LakeShore Biopharma Co, Depreciation And Amortization account and Research Development. At this time, the significance of the direction appears to have almost identical trend.
The correlation between LakeShore Biopharma's Depreciation And Amortization and Research Development is 0.95. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Research Development in the same time period over historical financial statements of LakeShore Biopharma Co,, assuming nothing else is changed. The correlation between historical values of LakeShore Biopharma's Depreciation And Amortization and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of LakeShore Biopharma Co, are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Depreciation And Amortization i.e., LakeShore Biopharma's Depreciation And Amortization and Research Development go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Research Development

Most indicators from LakeShore Biopharma's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LakeShore Biopharma Co, 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 LakeShore Biopharma Co,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Sales General And Administrative To Revenue is likely to climb to 0.31 in 2024, despite the fact that Tax Provision is likely to grow to (20.6 M).
 2021 2022 2023 2024 (projected)
Interest Expense2.7M30.9M44.3M29.6M
Depreciation And Amortization31.2M36.7M42.2M37.9M

LakeShore Biopharma fundamental ratios Correlations

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-0.89-0.9-0.98-0.99-0.92-0.820.36-0.920.96-0.930.83-0.830.86-0.680.83-0.96-0.850.92-0.940.66-0.950.82-0.95-0.91-0.87
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-0.32-0.28-0.73-0.62-0.71-0.130.62-0.310.64-0.520.33-0.140.20.050.33-0.55-0.810.80.66-0.38-0.710.87-0.62-0.3-0.5
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-0.69-0.6-0.89-0.81-0.95-0.480.42-0.590.78-0.830.4-0.480.54-0.380.4-0.83-0.690.960.82-0.640.87-0.91-0.89-0.59-0.85
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0.960.990.860.930.80.98-0.121.0-0.880.92-0.860.98-0.990.91-0.860.940.62-0.75-0.911.0-0.30.84-0.590.890.87
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LakeShore Biopharma Account Relationship Matchups

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