Latham Gross Profit Margin vs Non Current Liabilities Total Analysis
SWIM Stock | USD 7.84 0.74 10.42% |
Latham financial indicator trend analysis is infinitely more than just investigating Latham Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Latham Group is a good investment. Please check the relationship between Latham Gross Profit Margin and its Non Current Liabilities Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Latham Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Gross Profit Margin vs Non Current Liabilities Total
Gross Profit Margin vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Latham Group Gross Profit Margin account and Non Current Liabilities Total. At this time, the significance of the direction appears to have very week relationship.
The correlation between Latham's Gross Profit Margin and Non Current Liabilities Total is 0.22. Overlapping area represents the amount of variation of Gross Profit Margin that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Latham Group, assuming nothing else is changed. The correlation between historical values of Latham's Gross Profit Margin and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit Margin of Latham Group are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Gross Profit Margin i.e., Latham's Gross Profit Margin and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.22 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Gross Profit Margin
Non Current Liabilities Total
Most indicators from Latham's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Latham Group 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Latham Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. As of the 11th of December 2024, Selling General Administrative is likely to grow to about 127.9 M, while Tax Provision is likely to drop about 2.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 24.4M | 15.8M | 30.9M | 24.2M | Depreciation And Amortization | 32.2M | 38.2M | 40.8M | 34.9M |
Latham fundamental ratios Correlations
Click cells to compare fundamentals
Latham Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Latham. If investors know Latham will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Latham listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.1 | Revenue Per Share 4.455 | Quarterly Revenue Growth (0.06) | Return On Assets 0.0162 | Return On Equity 0.0282 |
The market value of Latham Group is measured differently than its book value, which is the value of Latham that is recorded on the company's balance sheet. Investors also form their own opinion of Latham's value that differs from its market value or its book value, called intrinsic value, which is Latham's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Latham's market value can be influenced by many factors that don't directly affect Latham's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Latham's value and its price as these two are different measures arrived at by different means. Investors typically determine if Latham is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Latham'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.