| LST Stock | | | 2.95 0.05 1.72% |
Light Science financial indicator trend analysis is infinitely more than just investigating Light Science Techno recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Light Science Techno is a good investment. Please check the relationship between Light Science Ebitda and its Operating Income accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Light Science Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Ebitda vs Operating Income
Ebitda vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Light Science Techno Ebitda account and
Operating Income. At this time, the significance of the direction appears to have totally related.
The correlation between Light Science's Ebitda and Operating Income is 0.99. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Operating Income in the same time period over historical financial statements of Light Science Technologies, assuming nothing else is changed. The correlation between historical values of Light Science's Ebitda and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Light Science Technologies are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Ebitda i.e., Light Science's Ebitda and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Ebitda
Operating Income
Operating Income is the amount of profit realized from Light Science Techno operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Light Science Technologies is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Light Science's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Light Science Techno 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 Light Science Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
As of March 25, 2025,
Tax Provision is expected to decline to about (10.2
K). In addition to that,
Selling General Administrative is expected to decline to about 2.7
MLight Science fundamental ratios Correlations
Click cells to compare fundamentals
Light Science Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Light Science fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Light Stock
Balance Sheet is a snapshot of the
financial position of Light Science Techno at a specified time, usually calculated after every quarter, six months, or one year. Light Science Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Light Science and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Light currently owns. An asset can also be divided into two categories, current and non-current.