Luminar Property Plant Equipment vs Accounts Payable Analysis

LAZR Stock

USD 1.64 0.09 5.20%

Luminar Technologies financial indicator trend analysis is infinitely more than just investigating Luminar Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Luminar Technologies is a good investment. Please check the relationship between Luminar Technologies Property Plant Equipment and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Luminar Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

To learn how to invest in Luminar Stock, please use our How to Invest in Luminar Technologies guide.

Property Plant Equipment vs Accounts Payable

Property Plant Equipment vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Luminar Technologies Property Plant Equipment account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Luminar Technologies' Property Plant Equipment and Accounts Payable is 0.89. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Luminar Technologies, assuming nothing else is changed. The correlation between historical values of Luminar Technologies' Property Plant Equipment and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Luminar Technologies are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Property Plant Equipment i.e., Luminar Technologies' Property Plant Equipment and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.89

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Property Plant Equipment

Accounts Payable

An accounting item on the balance sheet that represents Luminar Technologies 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 Luminar Technologies 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 indicators from Luminar Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Luminar Technologies 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 Luminar Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

To learn how to invest in Luminar Stock, please use our How to Invest in Luminar Technologies guide.As of 06/01/2024, Tax Provision is likely to grow to about 1.8 M, while Selling General Administrative is likely to drop slightly above 100.7 M.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	7.6M	16.8M	33.6M	35.3M
Interest Income	3.5M	5.0M	13.1M	13.8M

Depreciation And Amortization Interest Income

Luminar Technologies fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Inventory	Total Current Assets	Property Plant Equipment	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments
Other Current Liab		0.92	0.41	0.25	-0.98	0.92	0.99	0.89	0.87	0.67	0.99	0.78	0.89	0.2	0.92	0.84	0.95	0.48	0.98	0.58	0.89	0.66	0.85	0.87	0.36	0.72
Total Current Liabilities	0.92		0.4	0.2	-0.88	0.97	0.91	0.76	0.9	0.6	0.91	0.7	0.92	0.16	0.81	0.8	0.92	0.37	0.9	0.65	0.91	0.56	0.87	0.91	0.49	0.63
Other Liab	0.41	0.4		0.69	-0.45	0.58	0.37	0.42	0.71	0.79	0.35	0.77	0.72	0.63	0.29	0.26	0.52	0.82	0.32	0.36	0.73	0.8	0.27	0.67	0.3	0.73
Net Tangible Assets	0.25	0.2	0.69		-0.34	0.41	0.15	0.29	0.46	0.85	0.14	0.78	0.44	0.94	0.09	0.48	0.15	0.91	0.12	0.24	0.46	0.86	0.13	0.56	-0.43	0.78
Retained Earnings	-0.98	-0.88	-0.45	-0.34		-0.92	-0.97	-0.96	-0.89	-0.7	-0.97	-0.8	-0.88	-0.23	-0.95	-0.89	-0.9	-0.58	-0.97	-0.42	-0.87	-0.69	-0.72	-0.88	-0.29	-0.71
Accounts Payable	0.92	0.97	0.58	0.41	-0.92		0.89	0.8	0.97	0.77	0.89	0.85	0.98	0.36	0.8	0.84	0.91	0.59	0.87	0.64	0.97	0.73	0.81	0.98	0.39	0.77
Other Assets	0.99	0.91	0.37	0.15	-0.97	0.89		0.91	0.84	0.58	1.0	0.7	0.86	0.06	0.96	0.8	0.96	0.41	1.0	0.5	0.86	0.57	0.8	0.82	0.45	0.62
Net Receivables	0.89	0.76	0.42	0.29	-0.96	0.8	0.91		0.81	0.58	0.91	0.68	0.77	0.09	0.97	0.82	0.82	0.57	0.92	0.16	0.76	0.59	0.51	0.77	0.3	0.56
Inventory	0.87	0.9	0.71	0.46	-0.89	0.97	0.84	0.81		0.79	0.83	0.85	0.98	0.39	0.78	0.77	0.88	0.68	0.82	0.52	0.97	0.76	0.68	0.98	0.43	0.76
Total Current Assets	0.67	0.6	0.79	0.85	-0.7	0.77	0.58	0.58	0.79		0.57	0.99	0.81	0.84	0.46	0.69	0.6	0.92	0.54	0.58	0.82	1.0	0.57	0.85	-0.07	0.98
Property Plant Equipment	0.99	0.91	0.35	0.14	-0.97	0.89	1.0	0.91	0.83	0.57		0.69	0.85	0.05	0.96	0.8	0.96	0.4	1.0	0.49	0.85	0.55	0.8	0.81	0.44	0.61
Total Assets	0.78	0.7	0.77	0.78	-0.8	0.85	0.7	0.68	0.85	0.99	0.69		0.87	0.75	0.59	0.75	0.71	0.88	0.67	0.6	0.88	0.98	0.65	0.9	0.02	0.98
Short Long Term Debt Total	0.89	0.92	0.72	0.44	-0.88	0.98	0.86	0.77	0.98	0.81	0.85	0.87		0.4	0.75	0.73	0.92	0.64	0.84	0.66	1.0	0.78	0.79	0.97	0.47	0.81
Total Stockholder Equity	0.2	0.16	0.63	0.94	-0.23	0.36	0.06	0.09	0.39	0.84	0.05	0.75	0.4		-0.07	0.38	0.09	0.81	0.02	0.42	0.42	0.84	0.22	0.5	-0.47	0.8
Property Plant And Equipment Net	0.92	0.81	0.29	0.09	-0.95	0.8	0.96	0.97	0.78	0.46	0.96	0.59	0.75	-0.07		0.78	0.88	0.39	0.97	0.24	0.74	0.46	0.61	0.72	0.41	0.47
Current Deferred Revenue	0.84	0.8	0.26	0.48	-0.89	0.84	0.8	0.82	0.77	0.69	0.8	0.75	0.73	0.38	0.78		0.66	0.59	0.8	0.36	0.72	0.67	0.63	0.84	-0.07	0.67
Net Debt	0.95	0.92	0.52	0.15	-0.9	0.91	0.96	0.82	0.88	0.6	0.96	0.71	0.92	0.09	0.88	0.66		0.41	0.95	0.62	0.92	0.59	0.83	0.84	0.61	0.65
Cash	0.48	0.37	0.82	0.91	-0.58	0.59	0.41	0.57	0.68	0.92	0.4	0.88	0.64	0.81	0.39	0.59	0.41		0.38	0.21	0.65	0.93	0.22	0.71	-0.18	0.84
Non Current Assets Total	0.98	0.9	0.32	0.12	-0.97	0.87	1.0	0.92	0.82	0.54	1.0	0.67	0.84	0.02	0.97	0.8	0.95	0.38		0.47	0.83	0.53	0.78	0.8	0.43	0.59
Non Currrent Assets Other	0.58	0.65	0.36	0.24	-0.42	0.64	0.5	0.16	0.52	0.58	0.49	0.6	0.66	0.42	0.24	0.36	0.62	0.21	0.47		0.67	0.54	0.9	0.61	0.26	0.69
Long Term Debt	0.89	0.91	0.73	0.46	-0.87	0.97	0.86	0.76	0.97	0.82	0.85	0.88	1.0	0.42	0.74	0.72	0.92	0.65	0.83	0.67		0.79	0.78	0.97	0.46	0.82
Cash And Short Term Investments	0.66	0.56	0.8	0.86	-0.69	0.73	0.57	0.59	0.76	1.0	0.55	0.98	0.78	0.84	0.46	0.67	0.59	0.93	0.53	0.54	0.79		0.53	0.82	-0.1	0.98
Good Will	0.85	0.87	0.27	0.13	-0.72	0.81	0.8	0.51	0.68	0.57	0.8	0.65	0.79	0.22	0.61	0.63	0.83	0.22	0.78	0.9	0.78	0.53		0.74	0.36	0.68
Common Stock Total Equity	0.87	0.91	0.67	0.56	-0.88	0.98	0.82	0.77	0.98	0.85	0.81	0.9	0.97	0.5	0.72	0.84	0.84	0.71	0.8	0.61	0.97	0.82	0.74		0.29	0.83
Common Stock Shares Outstanding	0.36	0.49	0.3	-0.43	-0.29	0.39	0.45	0.3	0.43	-0.07	0.44	0.02	0.47	-0.47	0.41	-0.07	0.61	-0.18	0.43	0.26	0.46	-0.1	0.36	0.29		-0.05
Short Term Investments	0.72	0.63	0.73	0.78	-0.71	0.77	0.62	0.56	0.76	0.98	0.61	0.98	0.81	0.8	0.47	0.67	0.65	0.84	0.59	0.69	0.82	0.98	0.68	0.83	-0.05

Click cells to compare fundamentals

Luminar Technologies Account Relationship Matchups

Luminar Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	3.3M	8.2M	18.9M	51.0M	49.5M	52.0M
Total Current Liabilities	14.8M	16.6M	39.0M	77.5M	83.9M	45.9M
Other Liab	1.1M	826K	31.8M	7.0M	8.1M	9.4M
Net Tangible Assets	(212.4M)	148.0M	192.5M	(67.3M)	(77.4M)	(73.5M)
Retained Earnings	(222.2M)	(584.5M)	(822.5M)	(1.3B)	(1.8B)	(1.7B)
Accounts Payable	3.5M	6.0M	14.4M	18.6M	21.1M	12.4M
Other Assets	1.8M	1.2M	12.5M	36.3M	41.8M	43.9M
Net Receivables	2.0M	8.2M	13.0M	11.2M	31.6M	33.2M
Inventory	4.0M	3.6M	10.3M	8.8M	12.2M	7.7M
Total Current Assets	41.5M	500.8M	845.4M	554.6M	350.6M	423.5M
Property Plant Equipment	7.9M	7.7M	20.2M	51.5M	59.2M	62.2M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

When determining whether Luminar Technologies is a strong investment it is important to analyze Luminar Technologies' 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 Luminar Technologies' future performance. For an informed investment choice regarding Luminar Stock, refer to the following important reports:

How To Invest In Luminar

Details

Is Luminar Stock a good investment?

Details

What is Luminar Technologies' Net Worth?

Details

Largest Automotive Parts & Equipment Companies

View

Largest Automobiles & Components Companies

View

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Luminar Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

To learn how to invest in Luminar Stock, please use our How to Invest in Luminar Technologies guide.

Note that the Luminar Technologies information on this page should be used as a complementary analysis to other Luminar Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

Complementary Tools for Luminar Stock analysis

When running Luminar Technologies' price analysis, check to measure Luminar Technologies' 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 Luminar Technologies is operating at the current time. Most of Luminar Technologies' value examination focuses on studying past and present price action to predict the probability of Luminar Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Luminar Technologies' price. Additionally, you may evaluate how the addition of Luminar Technologies to your portfolios can decrease your overall portfolio volatility.

	Content Syndication Quickly integrate customizable finance content to your own investment portal
	Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios
	Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk
	Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges
	Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
	Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges
	Risk-Return Analysis View associations between returns expected from investment and the risk you assume
	Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum
	Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
	Analyst Advice Analyst recommendations and target price estimates broken down by several categories
	Money Managers Screen money managers from public funds and ETFs managed around the world
	Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals

Is Luminar Technologies' industry 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 Luminar Technologies. If investors know Luminar 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 Luminar Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(1.37)

Revenue Per Share

0.189

Quarterly Revenue Growth

0.445

Return On Assets

(0.59)

Return On Equity

(24.25)

The market value of Luminar Technologies is measured differently than its book value, which is the value of Luminar that is recorded on the company's balance sheet. Investors also form their own opinion of Luminar Technologies' value that differs from its market value or its book value, called intrinsic value, which is Luminar Technologies' 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 Luminar Technologies' market value can be influenced by many factors that don't directly affect Luminar Technologies' 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 Luminar Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Luminar Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Luminar Technologies' 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Luminar Property Plant Equipment vs Accounts Payable Analysis

Property Plant Equipment vs Accounts Payable

Property Plant Equipment vs Accounts Payable Correlation Analysis

Correlation Coefficient

Property Plant Equipment

Accounts Payable

Luminar Technologies fundamental ratios Correlations

Luminar Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Luminar Technologies fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Luminar Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant Equipment	+ 1.0	Other Assets
Non Current Assets Total	+ 1.0	Other Assets
Cash And Short Term Investments	+ 1.0	Total Current Assets
Non Current Assets Total	+ 1.0	Property Plant Equipment
Long Term Debt	+ 1.0	Short Long Term Debt Total
Other Assets	+ 0.99	Other Current Liab

Retained Earnings	- 0.98	Other Current Liab
Non Current Assets Total	- 0.97	Retained Earnings
Property Plant Equipment	- 0.97	Retained Earnings
Other Assets	- 0.97	Retained Earnings
Net Receivables	- 0.96	Retained Earnings
Property Plant And Equipment Net	- 0.95	Retained Earnings