Lightspeed Common Stock Shares Outstanding vs Common Stock Total Equity Analysis

LSPD Stock  CAD 26.25  0.31  1.20%   
Lightspeed Commerce financial indicator trend analysis is infinitely more than just investigating Lightspeed Commerce recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lightspeed Commerce is a good investment. Please check the relationship between Lightspeed Commerce Common Stock Shares Outstanding and its Common Stock Total Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lightspeed Commerce. 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.
To learn how to invest in Lightspeed Stock, please use our How to Invest in Lightspeed Commerce guide.

Common Stock Shares Outstanding vs Common Stock Total Equity

Common Stock Shares Outstanding vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lightspeed Commerce Common Stock Shares Outstanding account and Common Stock Total Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Lightspeed Commerce's Common Stock Shares Outstanding and Common Stock Total Equity is 0.58. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Lightspeed Commerce, assuming nothing else is changed. The correlation between historical values of Lightspeed Commerce's Common Stock Shares Outstanding and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Lightspeed Commerce are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Common Stock Shares Outstanding i.e., Lightspeed Commerce's Common Stock Shares Outstanding and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from Lightspeed Commerce's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lightspeed Commerce 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 Lightspeed Commerce. 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.
To learn how to invest in Lightspeed Stock, please use our How to Invest in Lightspeed Commerce guide.At this time, Lightspeed Commerce's Tax Provision is very stable compared to the past year. As of the 29th of November 2024, Selling General Administrative is likely to grow to about 108.9 M, while Issuance Of Capital Stock is likely to drop 0.00.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization104.5M115.3M109.6M115.1M
Interest Income5.9M24.8M44.0M32.4M

Lightspeed Commerce fundamental ratios Correlations

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-0.51-0.73-0.82-0.81-0.760.95-0.88-0.81-0.820.880.77-0.79-0.8-0.69-0.79-0.811.0-0.8-0.72-0.68-0.950.990.99-0.72-0.7
0.820.97-0.821.00.98-0.860.950.980.98-0.98-0.810.980.990.950.830.93-0.830.990.840.940.9-0.79-0.810.80.76
0.850.98-0.811.00.98-0.850.950.990.99-0.97-0.830.990.980.960.840.93-0.810.980.860.960.89-0.78-0.790.830.79
0.851.0-0.760.980.98-0.830.930.960.95-0.96-0.770.990.990.990.780.9-0.760.990.840.990.82-0.72-0.740.790.74
-0.52-0.810.95-0.86-0.85-0.83-0.88-0.82-0.830.920.69-0.83-0.87-0.77-0.7-0.750.96-0.87-0.67-0.76-0.910.960.96-0.64-0.61
0.770.92-0.880.950.950.93-0.880.920.94-0.98-0.90.930.940.890.930.95-0.880.940.920.890.93-0.85-0.870.90.87
0.870.96-0.810.980.990.96-0.820.920.96-0.95-0.810.980.960.950.830.95-0.80.960.840.940.88-0.75-0.770.810.76
0.820.94-0.820.980.990.95-0.830.940.96-0.95-0.870.980.940.930.870.93-0.830.940.880.920.9-0.8-0.810.860.82
-0.75-0.950.88-0.98-0.97-0.960.92-0.98-0.95-0.950.81-0.96-0.98-0.93-0.83-0.910.88-0.98-0.84-0.92-0.920.850.87-0.81-0.76
-0.78-0.760.77-0.81-0.83-0.770.69-0.9-0.81-0.870.81-0.83-0.76-0.74-0.98-0.90.75-0.76-0.95-0.73-0.80.730.75-0.98-0.98
0.870.99-0.790.980.990.99-0.830.930.980.98-0.96-0.830.970.980.830.93-0.790.970.870.970.84-0.75-0.770.840.8
0.80.98-0.80.990.980.99-0.870.940.960.94-0.98-0.760.970.960.770.88-0.81.00.80.960.86-0.76-0.780.760.71
0.871.0-0.690.950.960.99-0.770.890.950.93-0.93-0.740.980.960.760.89-0.690.960.841.00.77-0.65-0.670.780.73
0.770.78-0.790.830.840.78-0.70.930.830.87-0.83-0.980.830.770.760.95-0.770.770.970.750.85-0.75-0.770.980.98
0.860.9-0.810.930.930.9-0.750.950.950.93-0.91-0.90.930.880.890.95-0.780.880.940.880.88-0.75-0.770.920.9
-0.47-0.731.0-0.83-0.81-0.760.96-0.88-0.8-0.830.880.75-0.79-0.8-0.69-0.77-0.78-0.8-0.71-0.68-0.951.01.0-0.7-0.67
0.80.98-0.80.990.980.99-0.870.940.960.94-0.98-0.760.971.00.960.770.88-0.80.80.960.86-0.76-0.780.760.71
0.820.84-0.720.840.860.84-0.670.920.840.88-0.84-0.950.870.80.840.970.94-0.710.80.840.78-0.68-0.70.980.98
0.870.99-0.680.940.960.99-0.760.890.940.92-0.92-0.730.970.961.00.750.88-0.680.960.840.75-0.64-0.660.770.73
0.580.8-0.950.90.890.82-0.910.930.880.9-0.92-0.80.840.860.770.850.88-0.950.860.780.75-0.94-0.940.760.74
-0.42-0.690.99-0.79-0.78-0.720.96-0.85-0.75-0.80.850.73-0.75-0.76-0.65-0.75-0.751.0-0.76-0.68-0.64-0.941.0-0.67-0.65
-0.45-0.710.99-0.81-0.79-0.740.96-0.87-0.77-0.810.870.75-0.77-0.78-0.67-0.77-0.771.0-0.78-0.7-0.66-0.941.0-0.7-0.68
0.820.79-0.720.80.830.79-0.640.90.810.86-0.81-0.980.840.760.780.980.92-0.70.760.980.770.76-0.67-0.71.0
0.790.74-0.70.760.790.74-0.610.870.760.82-0.76-0.980.80.710.730.980.9-0.670.710.980.730.74-0.65-0.681.0
Click cells to compare fundamentals

Lightspeed Commerce Account Relationship Matchups

Lightspeed Commerce fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding85.9M105.2M141.6M150.4M153.8M111.8M
Total Assets478.4M2.1B3.6B2.7B2.6B1.6B
Other Current Liab53.9M86.1M104.3M100.0M94.1M72.6M
Total Current Liabilities70.8M113.4M157.9M150.5M144.7M102.3M
Total Stockholder Equity344.1M1.9B3.4B2.5B2.4B1.4B
Other Liab10.5M20.2M7.3M10.0M9.0M16.6M
Net Tangible Assets171.5M134.7M727.9M885.4M1.0B1.1B
Property Plant And Equipment Net23.9M29.5M42.0M40.5M37.6M25.9M
Current Deferred Revenue36.6M43.1M65.2M68.1M67.3M48.7M
Net Debt(164.4M)(751.7M)(893.1M)(775.0M)(698.9M)(663.9M)
Retained Earnings(513.5M)(637.8M)(926.2M)(2.0B)(2.2B)(2.1B)
Accounts Payable12.3M22.1M39.2M37.0M33.5M21.8M
Cash211.0M807.2M953.7M800.2M722.1M514.5M
Non Current Assets Total245.2M1.2B2.6B1.7B1.7B1.0B
Non Currrent Assets Other11.7M11.5M21.4M30.0M42.9M45.0M
Other Assets11.9M11.7M21.6M19.6M22.6M23.7M
Cash And Short Term Investments211.0M807.2M953.7M800.2M722.1M514.5M
Net Receivables4.8M12.0M44.0M42.4M55.4M58.1M
Good Will146.6M971.9M2.1B1.4B1.3B823.1M
Long Term Debt Total43.2M50.3M52.9M18.6M16.7M15.9M
Liabilities And Stockholders Equity478.4M2.1B3.6B2.7B2.6B1.6B
Non Current Liabilities Total63.5M57.6M62.8M20.8M18.1M17.2M
Capital Surpluse11.8M35.9M123.8M198.0M227.7M239.1M
Inventory932K1.6M7.5M12.8M16.5M17.3M
Other Current Assets16.5M37.0M37.3M79.0M123.9M130.1M
Other Stockholder Equity11.8M35.9M123.8M198.0M213.9M224.6M
Total Liab134.3M171.0M220.7M171.3M162.8M147.6M
Property Plant And Equipment Gross23.9M29.5M42.0M40.5M71.4M75.0M
Total Current Assets233.2M857.7M1.0B934.3M917.9M586.1M
Accumulated Other Comprehensive Income(6.3M)9.7M2.7M(3.1M)(4.0M)(3.8M)
Non Current Liabilities Other18K3.2M1.0M1.0M967K934.9K
Cash And Equivalents211.0M807.2M953.7M800.2M920.2M474.5M
Short Term Debt3.3M5.1M7.6M6.6M6.9M7.3M
Intangible Assets62.8M234.5M409.6M311.5M227.0M173.2M
Common Stock852.1M2.5B4.2B4.3B4.4B2.3B
Property Plant Equipment23.9M29.5M42.0M40.5M46.5M23.7M
Net Invested Capital373.8M2.0B3.4B2.5B2.4B1.7B

Pair Trading with Lightspeed Commerce

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

Moving together with Lightspeed Stock

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The ability to find closely correlated positions to Lightspeed Commerce could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lightspeed Commerce 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 Lightspeed Commerce - 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 Lightspeed Commerce to buy it.
The correlation of Lightspeed Commerce 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 Lightspeed Commerce moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lightspeed Commerce 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 Lightspeed Commerce 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 CorrelationCorrelation Matching
When determining whether Lightspeed Commerce is a strong investment it is important to analyze Lightspeed Commerce's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Lightspeed Commerce's future performance. For an informed investment choice regarding Lightspeed Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lightspeed Commerce. 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.
To learn how to invest in Lightspeed Stock, please use our How to Invest in Lightspeed Commerce guide.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Please note, there is a significant difference between Lightspeed Commerce's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lightspeed Commerce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lightspeed Commerce's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.