LENSAR Historical Balance Sheet
LNSR Stock | USD 7.53 0.16 2.08% |
Trend analysis of LENSAR Inc balance sheet accounts such as Net Tangible Assets of 36.1 M provides information on LENSAR's total assets, liabilities, and equity, which is the actual value of LENSAR Inc to its prevalent stockholders. By breaking down trends over time using LENSAR balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining LENSAR Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether LENSAR Inc is a good buy for the upcoming year.
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About LENSAR Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of LENSAR Inc at a specified time, usually calculated after every quarter, six months, or one year. LENSAR Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of LENSAR 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 LENSAR currently owns. An asset can also be divided into two categories, current and non-current.
LENSAR Balance Sheet Chart
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Total Current Liabilities
Total Current Liabilities is an item on LENSAR balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of LENSAR Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Accounts Payable
An accounting item on the balance sheet that represents LENSAR obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of LENSAR Inc are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most accounts from LENSAR's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into LENSAR Inc current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 LENSAR Inc. 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. At this time, LENSAR's Capital Lease Obligations is relatively stable compared to the past year. As of 12/01/2024, Net Invested Capital is likely to grow to about 41.2 M, while Total Current Liabilities is likely to drop slightly above 10.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Current Liabilities | 8.7M | 11.4M | 11.6M | 10.2M | Other Current Liabilities | 4.1M | 4.2M | 5.2M | 3.8M |
LENSAR balance sheet Correlations
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LENSAR Account Relationship Matchups
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LENSAR balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 697K | 4.6M | 4.1M | 4.2M | 5.2M | 3.8M | |
Total Current Liabilities | 7.8M | 8.5M | 8.7M | 11.4M | 11.6M | 10.2M | |
Other Liab | 310K | 129K | 69K | 167K | 150.3K | 184.6K | |
Net Tangible Assets | (43.9M) | 55.1M | 44.0M | 29.9M | 34.3M | 36.1M | |
Retained Earnings | (38.2M) | (58.0M) | (77.6M) | (97.5M) | (111.9M) | (106.3M) | |
Accounts Payable | 1.6M | 2.5M | 2.7M | 5.4M | 4.0M | 3.2M | |
Other Assets | 983K | 7.8M | 3.3M | 497K | 1.0 | 0.95 | |
Net Receivables | 3.9M | 2.5M | 5.0M | 6.2M | 4.3M | 4.7M | |
Inventory | 8.1M | 13.5M | 6.5M | 11.7M | 15.7M | 10.9M | |
Total Current Assets | 17.2M | 58.4M | 44.8M | 33.7M | 46.4M | 38.9M | |
Common Stock | 11K | 109K | 110K | 111K | 113K | 100.8K | |
Property Plant Equipment | 3.0M | 8.1M | 7.4M | 9.5M | 10.9M | 7.0M |
Pair Trading with LENSAR
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 LENSAR 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 LENSAR will appreciate offsetting losses from the drop in the long position's value.Moving together with LENSAR Stock
Moving against LENSAR Stock
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0.48 | DRIO | DarioHealth Corp | PairCorr |
The ability to find closely correlated positions to LENSAR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LENSAR 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 LENSAR - 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 LENSAR Inc to buy it.
The correlation of LENSAR 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 LENSAR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LENSAR Inc 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 LENSAR 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.Additional Tools for LENSAR Stock Analysis
When running LENSAR's price analysis, check to measure LENSAR's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy LENSAR is operating at the current time. Most of LENSAR's value examination focuses on studying past and present price action to predict the probability of LENSAR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LENSAR's price. Additionally, you may evaluate how the addition of LENSAR to your portfolios can decrease your overall portfolio volatility.